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 ___ james chairman of specialists henderson brothers inc. it ___ when the dollar is in a 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 plunge the dow jones industrials in ___ 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 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 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 of stock-index futures the barometer of where ___ the futures halt was even 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 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 at this point to ___ under another post-crash system big board president richard mr. ___ he out at a high-tech center on the ___ at about N p.m. edt s&p futures resumed trading and ___ but the of s&p futures sell orders weighed on ___ at about N the s&p market to still another ___ futures traders say the s&p was 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 that this particular decline today is ___ it would be my 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 on ___ it 's going to bring the debate right back to ___ as the dow average ground to its final N loss ___ jeffrey of program trader 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 ___ but nobody knows at what level the futures and stocks ___ the between the stock and futures markets friday will ___ the big board 's mr. said our 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 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 funding co. ___ the $ N million bid includes the assumption of an ___ the group is led by jay chief executive officer ___ mr. '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 chief executive of l.j. hooker said yesterday in ___ the $ N million bid is estimated by mr. simpson ___ not included in the bid are teller or b. ___ the offer covers the massive N forest fair mall ___ the mall opened sept. N with a 's ___ other hooker properties included are a office tower in ___ the consortium was put together by 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 company based in atlanta ___ the company grew modestly until N when a majority position ___ mr. to launch an ambitious but $ ___ eventually mr. simpson and mr. had a falling out ___ since then hooker corp. has sold its interest in the ___ in addition robert chief executive of the chain ___ the merksamer chain is currently being offered for sale by ___ reached in mr. 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 production totaled N metric tons in the week ___ the week 's total was up N N from N ___ the 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 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 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 for instance holds cash positions well above N ___ windsor fund 's john 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 ___ sales have rebounded in recent months but monthly net ___ there 's not nearly as much said john ___ many fund managers argue that now 's the time to ___ vincent 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 stocks like that he said it presents ___ major mutual-fund groups said phone calls were at twice ___ they hope to avoid the phone lines and other ___ fidelity on saturday opened its N investor centers across ___ in addition east coast centers will open at N edt ___ t. rowe price associates inc. increased its staff of phone ___ the 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 ___ who runs shearson lehman hutton inc. 's $ ___ but she expects prices to rebound soon and is telling ___ nevertheless ms. said she was 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 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 earnings of ___ the maker of scientific instruments and laser parts said orders ___ a spokesman added that sales in the current quarter will ___ from the strike by N machinists union members against ___ peter vice president for planning at the phoenix ariz. ___ mr. 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 the 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 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 ___ 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 sent striking workers a ___ but mr. baker called the letter and the company 's ___ he added that the company 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 will ___ a boeing spokeswoman said a delivery date for the planes ___ ltd. said its utilities arm is considering building new ___ 's senior vice president finance said its ___ but we would n't go into them alone and canadian ___ we 'd like to be the operator of the ___ our long suit is our proven ability to operate power ___ mr. would n't offer regarding '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 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. said enron is considering building power plants ___ pse inc. said it expects to report third earnings of ___ in the year-ago quarter the designer and operator of ___ the company said the improvement is related to additional ___ flights are $ N to paris and $ ___ in a centennial journal article oct. N the fares were ___ diamond offshore partners said it had discovered gas offshore ___ the well at a rate of N million cubic ___ diamond is the operator with a N N interest ___ diamond offshore 's stock rose N cents friday to ___ & broad home corp. said it formed a $ ___ the partnership & broad land development venture limited partnership ___ & 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 & 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 ___ the company much of the chemical industry as annual ___ mr. said of the boom it 's going to ___ but now prices have 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 & chemical corp. the company ___ mr. N years old declined to be interviewed for ___ quantum 's lot is mostly tied to polyethylene 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 the chemical building block of ___ that 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 ___ that excess polyethylene would soon be 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 is george a 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 a disaster at ___ after an explosion the plant in june the company ___ this human toll adds the most painful 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 and subject to 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 in ___ by lifting 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 in rumors is british petroleum co. which ___ asked about a bid for quantum a spokesman says ___ rjr nabisco inc. is its division responsible for buying ___ a spokesman for the new york-based food and tobacco giant ___ the spokesman said rjr is discussing its 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 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 was n't in his ___ the u.s. which is its quotas is ___ 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 negotiations ___ 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 year period ___ the u.s. termed its plan a trade 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 increases to the steel quota program are ___ inc. expects fiscal second-quarter earnings to trail N results ___ a telecommunications company had net income of $ N ___ george chairman and chief executive officer said in an ___ the lower results mr. said reflect a 12-month decline ___ although mr. expects that line of business to strengthen ___ among those is the company 's into the ___ within the next year expects to place N fax ___ will provide a credit-card reader for the machines to ___ mr. said should realize a minimum of $ ___ has also developed an automatic call that will ___ automatic call processors will provide that system for virtually any ___ the company will also be producing a new line of ___ mr. estimated that the processors and convenience phones would ___ britain 's retail price index rose N N in september ___ 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 stock at a ___ measuring may soon be replaced by in the ___ procter & gamble co. plans to begin testing next month ___ the move stems from 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 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 in japan after ___ when attack hit the shelves in N p&g 's share ___ with the help of 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 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 is a unique formula ___ and retailers are expected to the product in part ___ when shelf space was cheap bigger was better says ___ but with so many brands for space that 's ___ if the new sells well the trend toward smaller ___ then retailers will probably push the brands out altogether ___ competition is bound to get tougher if a ___ to be sure would n't have an easy time ___ officials previously have said they are interested in selling ___ some believe p&g 's interest in a detergent goes ___ this is something p&g would do with or without ___ with economic tension between the u.s. and japan worsening many ___ they expected a new 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 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 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 business practices that the u.s. government has ___ but her main thrust was to promote the importance of ___ she said the trade was mainly due to ___ 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 u.s. ___ at one of her news conferences mrs. hills said i ___ i will not enter into an agreement that 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 ___ it said the delay resulted from difficulties in 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 newspapers corp. ___ corp. completed the sale of its a. & ___ as 's core business of retailing grows a ___ a spokeswoman said operates a total of seven stores ___ the oil industry 's profits could 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 a ___ it has plunged N N since july to around N ___ a year ago sold for N cents at ___ beginning in 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 ___ 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 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 committee on ___ they plan to press specifically for a 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 promised a quick investigation into whether ___ president bush called his attention to the matter during the ___ olivetti has denied that it violated cocom rules that ___ although the of these sales is still an open ___ it seems to me that a story like this breaks ___ the bush administration has sent signals about its ___ 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. ___ 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 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 had ___ financial corp. purchased the bonds in at least N different ___ ideal basic industries inc. said its directors reached an agreement ___ the north american holding company of swiss concern ___ but 's first offer would have given ideal 's ___ ideal 's directors rejected that offer although they said they ___ under the agreement 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 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 on may N of this ___ in response to domestic supplies agriculture secretary ___ 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 havoc as was shown by ___ in july the ordered s.p a. to ___ the exchange said it feared that some members would n't ___ has denied it was trying to manipulate the soybean ___ hot dry weather across large portions of the great ___ for example in the oklahoma N N or more ___ that figure to about N N in portions ___ the soviet union has n't given any clear indication of ___ wheat prices will increasingly off of soviet demand in ___ orange 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 selling of futures contracts erased whatever supportive ___ it settled with a loss of N cents at $ ___ brazilian 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 product and the strong dollar has ___ new york futures prices have dropped significantly from more than ___ barring a cold 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 ___ this market still wants to go higher said ___ he predicted that the november contract will reach $ N ___ there has been little news to account for such ___ analysts generally cite a lack of bearish developments as well ___ there also are reports that the soviet union is ___ many traders a tightening of near-term supplies particularly of ___ if a hostile emerges for saatchi & saatchi co. ___ financing for any takeover attempt may be in the ___ but the beleaguered british advertising and consulting giant which last ___ last week saatchi 's largest shareholder 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 friday as industry executives the appointment ___ mr. formerly chief executive of the pharmaceutical research firm ___ asked about the speculation that mr. 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 director of advertising at painewebber inc. a saatchi ___ we are n't going to change agencies because of a ___ executives at backer spielvogel client 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 federal bank awarded its $ N million ___ the account was previously handled by davis ball & ___ royal crown 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 officials to ___ a spokesman for the u.s. attorney 's office said ___ the group and bozell inc. agreed to establish a ___ bozell corp. as the new agency will be called ___ 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 products said net income rose to ___ said its results were boosted by $ N million ___ said effects from the line may have a ___ a spokeswoman would n't elaborate but the company said the ___ benefited from robust sales of products that store ___ in the fiscal first half net was $ N million ___ robert g. 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 ___ the real estate and thrift concern operating under bankruptcy-law proceedings ___ the company asked for a extension sept. N when ___ southmark said it plans to its to provide ___ alan N years old was named chairman of this ___ mr. field also had been chairman of corp. resigning ___ mr. is executive vice president and chief financial officer ___ pcs also named r. N executive vice president ___ messrs. and are directors of which has ___ products inc. said a u.s. district court in boston ___ based in sweden had charged in a lawsuit ___ the patent is related to acid a extract ___ in its lawsuit is seeking unspecified damages and a ___ a spokesman said the products contribute about a third ___ in the year ended aug. N N earned $ ___ said the court 's ruling was issued as part ___ it said it is considering all of its options in ___ the company added that it plans to its ___ said that the court scheduled a conference for next ___ newspaper publishers are reporting mixed third-quarter results aided by favorable ___ adding to in the industry seasonal retail ad spending ___ in new york the teller and b. altman & ___ many papers throughout the country are also faced with a ___ until recently industry analysts believed in retail ad spending ___ all bets are off analysts say because of the shifting ___ improved paper prices will help offset weakness in but ___ for instance co. posted an N N gain in ___ 's N daily and N newspapers reported a ___ total advertising was modestly lower as 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 '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 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. 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 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 vice president stephen p. 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 ontario and the ___ the 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 calif. oklahoma city and ___ gm is studying whether it can build the new ___ that announcement left union officials in van and oklahoma ___ the van plant which employs about N workers does ___ jerry 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 however the decision appears to ___ the plant was viewed as a model of ___ dissident members have used the plant as a ___ 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 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. 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 ___ mehta a partner with mehta & a new ___ this has become a very 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 mr. mehta expects ___ some analysts such as murray of toronto-based ___ officials for the two concerns which are bidding c$ N ___ international inc. said it canceled plans for a ___ the company said it planned to offer an number ___ said market conditions led to the cancellation of the ___ the concern said however that in january N it ___ suspended its 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 ___ 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 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 an analyst with ___ mr. 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 n.j. a merck spokesman said the company does ___ mr. 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 sales ___ 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. of bear stearns said that schering-plough corp. 's ___ 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 for treating ___ the strong dollar hurt pfizer a lot too mr. ___ in the third quarter last year pfizer earned $ N ___ analysts said they expected upjohn 's profit to be flat ___ upjohn 's drugs are a and ___ sales of both drugs have been hurt by new state ___ also the company 's drug is selling well ___ amid a crowd of stocks technology inc. 's ___ the 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 $ ___ 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. said he accepted the resignation of thomas wilson ___ the company said mr. wilson 's resignation was n't related ___ 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 garden a great ___ however most people having been to news of ___ but 's bronx her bronx of the ___ in a lovely sleeping arrangements N pages ___ ms. a novelist and playwright has a vivid and ___ she her bronx of the a place where ___ in the bronx jewish people lived in ___ for ms. the architectural matched the she ___ and funny but never mean she 's a ___ little as ms. calls herself in the book ___ she was raised for the first eight years by her ___ this man who may or may not have ___ died young and has remembered her as a ___ the games bronx children played holding kids down and ___ without official knowledge of sex or death we with ___ her friend susan whose parents kept her she was ___ her friend 's father was a professional thief they ___ maybe became so with where people and ___ when died her moved in and let her ___ they painted the apartment orange and white according to ___ with detail she recalls her uncle an orthodox ___ 's no baker the heads of ___ the book loses some momentum toward the end when ___ for the most part though there 's much pleasure in ___ the bronx also figures in bruce jay 's latest ___ but both the past and present of the current ___ for his sixth novel mr. tried to the ___ harry is now a writer whose continuing with ___ harry the old days of the early ___ line by line mr. 's 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 area is with lead 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 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 executives friday 's ___ assuming that the market does n't head into a ___ this is a reaction to lbo 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 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 often tend to the ___ indeed one chief executive who was downright 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 store sites sit vacant and newly constructed ___ retail real estate brokers say tenants are reluctant to sign ___ there is an 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. says tenants usually can negotiate to ___ a handful of hot retail locations such as the ___ but on average manhattan retail have dropped N N ___ that follows a more decline in the prior six ___ the same factors limiting demand for office space have affected ___ as businesses contract or the number of employees who ___ he says financial problems electronics fur and furniture companies ___ hardest hit are what he calls secondary sites that primarily ___ in these locations mr. says retailers are increasingly cautious ___ weakness in the restaurant industry which is leaving retail space ___ it is also no comfort to and small new ___ hooker corp. parent of teller and b. altman 's ___ the trend toward lower 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 still run well above the going ___ madison and fifth and east street can command ___ the thriving street area offers of about $ ___ by contrast in the best retail locations in boston ___ and on beverly hills ' drive generally do ___ the new york stock exchange said two securities will begin ___ precision corp. ore. will begin trading with the ___ royal bank of scotland group plc an scotland financial ___ it will continue to trade on the international stock exchange ___ aim telephones inc. a 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 marks the start of his ___ for the first time the 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 and stevens appear about it justices marshall ___ the four justices are no newcomers to dissent often joining ___ but always in years past they have the trend ___ now however as the court 's new conservative majority ___ the change is most dramatic for justice the last ___ in the seven supreme court terms from the fall of ___ last term alone he cast N votes in N ___ but justice his new role strongly defending the ___ each time the court 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 justice marshall say he was depressed about ___ we could sweep it under the and hide it ___ he like justice considers highly important for the ___ harvard law school professor laurence tribe says there is a ___ the in the warren court he says appeared to ___ and marshall are speaking in their to a ___ justice who will turn N next month also seems ___ associates say he takes some more personally than his ___ friends and associates who saw justice during the summer ___ but his level of frustration showed in a recent ___ he concluded his remarks by and at some ___ justice stevens N is probably the most of the ___ if the role these four are assuming is a ___ the 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 transactions leave the bulk of bad assets mostly ___ in these four for instance the rtc is stuck with ___ paid premiums ranging from N N to N N ___ the buyers will also be locked into deposit rates for ___ after that the buyers may 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 said 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 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 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 co. offering of N common shares via merrill ___ limited inc. offering of up to $ N million of ___ california performance plus municipal fund inc. initial offering of ___ health systems inc. proposed offering of N million common ___ 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 for the fourth year ___ however because the guaranteed circulation base is being lowered ad ___ time is following the course of some other magazines ___ in recent years reader 's digest new york times co. ___ deep discounts in and offers of free ___ but time as part of the more time warner ___ besides time executives think selling a news magazine with a ___ time magazine executives predictably the circulation cut as a ___ what we are doing is 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 for advertisers to know the reader will ___ it 's not a show of weakness they are improving ___ mr. said the changes represent a new focus in ___ the question is how much are we getting from each ___ time 's rivals 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 when big news breaks it during ___ executives worry that the network 's but ___ just the fact we 're on N hours is no ___ so a unit of atlanta-based turner broadcasting system inc. ___ tonight to kick off the effort will premiere its ___ the show will be by bernard shaw and ___ the new show is perhaps the in a number ___ to itself is also expanding international coverage and ___ it is paying higher salaries after years of to ___ and it is 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 has been reluctant to ___ and the cable-tv operators 's distributors and part owners ___ the bid is aimed at 's ___ already 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 group of ___ that 's less than one-third the time that viewers watch ___ the brief attention viewers give 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 called ___ our goal is to create more programs with an individual ___ is adding a show in the morning ___ and it is exploring other original programs similar to its ___ then there 's the world today the prime-time featuring ___ until now has featured its hollywood show during ___ but N N of the households that watch news ___ mr. says the team will probably do two ___ i find it hard to of people switching over ___ the evening news is also slated as 's stage ___ in august the network hired producer hill the ___ she 's a staff of about N reporters ___ executives hope the created by such will ___ that 's such a departure from the past that many ___ they 've never shown any to spend money on ___ the network 's salaries have always ranged far below industry ___ recently gave most employees raises of as much as ___ says mr. is my wire service they 're ___ but to improve they 've really got to make the ___ in any case operators have reason to fear any ___ they market cable-tv on the very opportunities 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 litigation the courts found pennzoil and ___ 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 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 N ___ though the argument may have a 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 ___ and the argued to the fifth u.s. circuit ___ if true the court wrote this would justify dismissal ___ but the court said it lacked enough financial information about ___ charles a lawyer for says he plans to ___ this institution is just brain dead says mr. a ___ but a lawyer for investment group the developer of ___ attorney richard jackson of dallas says a judgment for ___ we 're asking the court for a number of things ___ we 'd take the valley ranch free and clear as ___ kenneth j. who was named president of this thrift ___ mr. said he had planned to travel between the ___ south africa freed the anc 's sisulu and seven other ___ thousands of supporters many flags of the outlawed african ___ most of those freed had spent at least N years ___ the sisulu sentenced to life in N along with ___ the releases announced last week by president de were ___ 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 were cited and premier 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 have n't any right to ___ the administration 's policy was stated in a 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 the space shuttle atlantis ready for launch tomorrow ___ the spacecraft 's five are to 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 the party of ___ the decision reported by the official news agency indicated ___ hundreds of east germans 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 ___ 's president met in southern france with ___ details of the talks described by a official as ___ plo leader arafat insisted on guarantees that any elections in ___ in the occupied underground leaders of the arab ___ christian lawmakers presented to arab at talks in ___ a plan currently under study gives two years to ___ hurricane jerry threatened to combine with the highest of ___ thousands of residents of areas were ordered to ___ a group of arby 's franchisees said they formed an ___ the decision is the latest move in an battle ___ at the time a group called 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 ___ in florida a senior vice president at ___ 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 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 chief economist at corp. in ___ i would say this is not bad news this is ___ all year energy prices have the producer price index ___ inflation has fallen back from its 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 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 in inflation is going to continue ___ he predicted that inflation will moderate next year saying that ___ but van 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 ___ financial corp. said it expects to report a loss ___ in the year-earlier period had net income of $ ___ 's president and chief executive officer john said ___ he said nonperforming assets rose to slightly more than $ ___ approximately N N of the total of nonperforming commercial ___ estimated that it will provide between $ N ___ added that significant additional loan-loss provisions may be required ___ city federal operates N banking offices in new jersey and ___ mr. said will also mark its portfolio of ___ that action said will result in a charge against ___ also said it expects to shed its remaining mortgage ___ all these actions mr. 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 its high-yield bond holdings to ___ mr. paul said only about $ N million of the ___ the remainder he said are commercial loan or private ___ centrust and regulators have been in a dispute over market ___ the office of thrift supervision has been centrust to ___ regulators have become increasingly about centrust 's and other ___ the legislation requires thrifts to 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 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 that he intends to further 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 make ___ as the N economic integration approaches europe 's cultural ___ but much of what the europeans want to protect seems ___ the most opposition to american tv imports has come ___ so far the french have failed to win enough broad-based ___ a through the television listings and a few ___ while there are some popular action and drama series few ___ more european air time is filled with game shows ___ one of france 's most popular saturday night programs features ___ a game show has as its host a belgian ___ one of italy 's favorite shows a variety ___ the 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 ___ in germany or italy rarely make it even to ___ one annual the song contest featuring ___ another where from european countries ___ a under the title almost anything goes ___ for the most part what 's made here stays here ___ the of the british crop the literary that ___ there is for instance one man and his dog a ___ also to the british are hours of ___ a french of dallas called and set in ___ black forest clinic a kind of german elsewhere ___ italy 's most popular series is a drama called la ___ it was news in italy earlier this year when ___ spain 's most popular this year was 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 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 of those calling for quotas ___ sky channel a venture of press rupert ___ the financially struggling station offers programs obviously made available ___ in a madrid hotel room recently a caught the ___ in bonn in milan tim ___ british aerospace plc and france 's s.a. said they ___ the N joint venture which may be dubbed 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 on a ___ just last week they announced they may make a joint ___ the sudden of british aerospace and traditionally bitter ___ most threatened by closer british ties would be their ___ but neither nor unrelated to stamford general ___ yesterday a source close to confirmed that his company ___ companies with which has had talks about a possible ___ but it may be weeks before and its potential ___ plans first to study ferranti 's financial accounts which ___ also any bid might be blocked by british antitrust ___ a consortium bid however would 's direct role ___ a british aerospace spokeswoman appeared by the prospect of ___ at least one potential partner 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 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 family ___ thomson missile products with about half british aerospace 's annual ___ pipe line co. said it will delay a proposed ___ 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. said volume on 's system is down ___ there has been a swing of the back to ___ many of canada 's oil and gas producers say the ___ the number of active drilling in canada is down ___ mr. said the main reason for the production decline ___ 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 source of imported crude ___ mr. said canada 's declining crude output combined with ___ but when something is inevitable you learn to live with ___ mr. stressed that the delay of 's proposed ___ under terms of its proposed 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 business was hurt by ___ the business was hurt by reduced margins and start-up ___ the company said it is beginning to see some ___ 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 ___ 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 observers say the major forces ___ in computer publishing a battle over is hurting adobe ___ until recently adobe had a lock on the market for ___ now the two firms are 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 adobe 's chief executive officer said the mountain ___ meanwhile competition between various operating systems which control the basic ___ it creates uncertainty and usually down sales said ___ mr. said this probably is behind the expected weak ___ he expects 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 while ___ users do n't care about the bus said daniel benton ___ he said apple 's family of computers for instance ___ in personal computers apple compaq and ibm are expected to ___ at the same time firms will continue to lose ___ some lagging competitors even may leave the personal computer business ___ technology for instance is considered a candidate to sell ___ has done well establishing a distribution business but they ___ mr. brown estimates whose terminals business is strong will ___ personal-computer makers will continue to eat away at the business ___ powerful computers designed with one or more microprocessors ___ the guys that make traditional hardware are really being ___ as a result of this trend longtime ibm ___ mr. benton expects compaq to unveil a family of high-end ___ a of new computer companies also has targeted this ___ the population of all four states is on the ___ 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 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 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 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 ___ percent do n't even feel they are financially well ___ about N N do n't feel they 're more able ___ while feel some about being affluent only N ___ percent attend 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 ___ personal income in the u.s. grew faster than inflation ___ the amount of income 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 ___ trouble with a capital and that with ___ more than N years ago prof. harold hill the con ___ now spirits on 's town council have barred ___ mayor lynn and two members of the council said ___ and the mayor in an that bears a ___ 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 behavior seems unlikely at the grand where ___ at the manager elizabeth wo n't admit ___ but a majority of the council did n't buy ___ after its previous mayor committed last year an investigation ___ the 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 about cbs 's ___ for instance white is not the ultimate ___ richard as a in a ___ and even if a would wear flowers in her ___ sorry the show does not even have the one ___ of all the ethnic in america which is the ___ a good bet would be the tension between blacks and ___ or so it must seem to mason the veteran ___ not only is mr. mason the star of chicken soup ___ here in neutral language is the 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 have contributed more to black causes ___ as a of ethnic humor from the old days ___ he said were sick with and he called ___ if mr. mason had used less language to ___ 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 ___ these critics fail to between the type of ethnic ___ the latter typically is the humor of the and ___ in the hands of a like bruce this ___ but by a pro like mason it is ___ because despite all the media about comedy and politics ___ that 's why it 's dangerous to have thought ___ as elizabeth wrote in the new york times just ___ the question is if group conflicts still exist as ___ do n't say the tv because that happens to ___ it is true that the best do allow group ___ in chicken soup mr. mason plays a jewish ___ at least they both speak with strong as do ___ it could n't be more obvious that chicken soup is ___ and a safe one imagine if the in question ___ back in the 1920s the play and movie versions of ___ and it has remained there as by its ___ clearly the question with chicken soup is not whether the ___ part of the problem is the tendency of all ___ to some extent this tendency emerges whenever the show tries ___ for instance michael not because he 's a ___ even more is the between and ___ the best moments in the show occur at the beginning ___ but too often these lack spark because this ___ i 'm not suggesting that the producers start putting together ___ that issue like racial in new york city will ___ but i am suggesting that they stop requiring mr. mason ___ at your age 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 and the outlook is ___ here 's what ronald reagan said after the N crash ___ there is nothing wrong with the economy all the ___ after the N crash herbert said the fundamental business ___ james robinson N years old was elected president and chief ___ he has been president and chief executive officer of ___ charles j. lawson jr. N who had been acting chief ___ the former president and chief executive eric w. resigned ___ the senate 's decision to approve a deficit-reduction bill ___ late friday night the senate voted N to approve an ___ lawmakers drastically the bill to blunt criticism that it ___ we 're putting a deficit-reduction bill back in the category ___ but senate supporters of the legislation said that other ___ in addition the companion deficit-reduction bill already passed by the ___ house-senate negotiations are likely to begin at 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 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 a capital-gains tax cut and ___ such legislation must be enacted by the end of the ___ the senate bill was 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 ___ although i am encouraged by the senate action said chairman ___ another big question over the debate is what president ___ he has been a bill without a guaranteed ___ but republican senators saw no way to overcome a procedural ___ the senate bill was stripped of many popular though ___ these include a child-care initiative and of tax ___ also missing from the senate bill is the house 's ___ one provision that was originally in the senate bill ___ mr. said he hopes the senate will consider that ___ to the of some doctors the bill dropped a ___ to the 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 ___ it also drops a provision that would have permitted corporations ___ also was a increase in the maximum ___ 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 regarding employee stock ownership plans effective june ___ the measure a N N exclusion given to banks ___ curb junk bonds by ending tax benefits for certain securities ___ raise $ N million by for one year an ___ speed up the collection of the payroll tax from large ___ impose a tax on chemicals such as those used ___ income taxes from the of certain farm workers ___ change the collection of gasoline 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 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 ___ i think what bothered me most about the piece was ___ to top it off you the showing the ___ looking for a job was one of the most anxious ___ bull information systems inc. is a u.s. 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 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. says he would n't even think of buying ___ most people he says have no idea what a massacre ___ a analyst with shearson lehman hutton inc. ms. ___ this was an october massacre like those that occurred in ___ now as in those two years her stock market indicators ___ those 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 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. sees this as a good time to pick ___ i expect the market to open weaker monday but then ___ he 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 ___ this is the latest of the capacity of the ___ i see this as a reaction to the whole junk ___ the explosion of junk bonds and takeovers has a ___ this has both made investors uneasy and the corporations more ___ there is more in the economy at large than ___ it takes more error now to have a major depression ___ new york money manager mario an expert at ___ 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 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 stocks but hang on ___ newsletter writer francis actually did it he ___ mr. 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 committees was ___ N that mr. supported the rights of the witnesses ___ as i watched him on i heard him speak ___ he did repeat those nice several times as an ___ he used about N words defending the witnesses ' constitutional ___ unfortunately by my rough guess he used better than N ___ he his of constitutional meat between large ___ as your editorial pointed out samuel 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 mr. 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. protest that his subcommittee simply ___ everything that mr. says in his letter is partially ___ he 's right about his subcommittee 's responsibilities when it ___ but if his explanation of 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 the fraud waste ___ no to my mind the journal did not defend ___ the problem which the journal so pointed out in ___ of course we 've also got a judiciary that seeks ___ it 's when such 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. that one ___ the fifth amendment states in relevant part that no person ___ this privilege against the drawing of an adverse ___ thus in a criminal case a prosecutor can not comment ___ the privilege however has been limited in 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 ___ the risk of such prosecution a court may order ___ thus when mr. asserted the fifth in a ___ the subcommittee congress and the american public have every right ___ drawing the adverse in a congressional hearing does ___ it was friday the 13th and the stock market plummeted ___ in a so-called friday the 13th effect has been ___ robert and professors of finance at the ___ but their study which the N period has since ___ in the the market took falls nine times in ___ but the date tends to be a plus not a ___ another study found that the N the 13th in ___ on the only other friday the 13th this year the ___ professor says the original study titled friday the 13th ___ in a similar he adds that the anniversary of ___ 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 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 record of N million shares was set on ___ there was n't a lot of volume because it was ___ most of the complaints about phone calls came from ___ mr. king of and others were quick to add ___ the subject is a 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 head of otc trading at hambrecht & quist ___ everybody was trying to do the same thing at the ___ 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. 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 head of equity trading at & ___ it helped that his inventory is a third smaller now ___ joseph president of the national association of securities dealers ___ nasdaq 's small order execution system worked as did ___ nevertheless the shock of another steep plunge in stock prices ___ in the past the otc market on a firm ___ because nasdaq 's trading volume has n't returned to ___ we were just starting to get the public 's confidence ___ more troubling is the prospect that the overall collapse in ___ mr. of 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 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 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 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 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 of the investing world ___ or many giant institutional investors appear to be ___ to be sure big investors might put away their ___ but their N performance indicates that they wo n't abandon ___ last time we got for going out and buying ___ mr. rogers spent half his cash on hand friday for ___ he expects to invest the rest if the market ___ portfolio manager james craig was n't 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 on the fundamental level for this ___ unlike mutual funds which can be forced to sell ___ 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 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. however worries that the market could go down ___ he said he 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 was designed to soften the ___ in its test the $ N billion of portfolio ___ even without portfolio insurance market conditions were grim friday money ___ neil whose new york-based capital partners had converted ___ we got calls from big block houses asking us if ___ mr. predicts stocks will appear to stabilize in the ___ i think it will be a rally he ___ meanwhile friday brought a for money managers whose investment ___ especially were the short sellers who have been ___ the sell borrowed shares hoping to profit by replacing ___ the nation 's largest operation is 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 said the agency ___ neither nor any of the gardens n.y. company ___ won approval to market a version of a blood ___ mr. also said the fda has asked pharmaceutical ___ but so far the company has n't with that ___ the subject of a criminal investigation by the fda ___ of n.y. earlier began a voluntary recall of ___ the fda has said it presented evidence it uncovered to ___ has denied that it switched the product for ___ the west german retailer deutsche 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 the of this type of ___ says the international food retailer had n't reasonable ___ speaking through its dutch lawyers also disclosed it holds ___ it was previously thought held a N N stake ___ a spokesman for said his company is confident of ___ he termed 's legal actions as to international ___ chase manhattan bank chairman 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 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 of N ___ but administration officials privately agree with mr. 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 on the 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 replied the ___ friday 's market tumble could spur action on 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. said that 's figure would still be ___ no one in washington was willing to take the blame ___ before the sun had set on friday richard the ___ investors who had been holding assets in anticipation of a ___ there have been many 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 revenue bonds via a ___ $ N million of general obligation capital appreciation bonds college ___ $ N million of revenue bonds for 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 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 an optimism that had been when they ___ oh i bet it 'll be up N points on ___ mrs. said her 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 an official of the association said no ___ in fact some of the association 's members long-term ___ we hope to take advantage of it said john ___ he has four stocks in mind to buy if the ___ not everyone is reacting so however and many wonder ___ marc a tampa fla. investment banker said the market ___ there 's no question that there 's a general ___ mr. believes however that the market could be stabilized ___ albert a 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 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 back into the market following black ___ discount brokerage customers have been in the market somewhat but ___ hugo senior vice president at charles corp. says ___ individual investors are still angry about program trading mr. ___ a cornell university finance professor says government regulators ___ but it 's not only the stock market that has ___ alan general sales manager of a chrysler dealership in ___ these high took a big today he said ___ and i can tell you that a high roller is ___ everything said an ohio plumbing contractor who ___ i just stopped by to see how much i would ___ the crowded field for computers is about to become ___ compaq computer corp. 's long-awaited entry today into the notebook ___ compaq 's series of a trend toward ___ one manufacturer already has produced a computer called a ___ but those machines are still considered with only ___ compaq 's 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 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 ___ instead of a it features a writing surface an ___ at N N pounds it may be too named ___ corp. 's portfolio introduced in europe two months ago ___ some critics however say its ability to run programs ___ computer corp. meanwhile has introduced a much more sophisticated ___ at stake is what mike 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 which now N N ___ generally anything under N pounds have become the fastest-growing ___ responding to that demand however has led to a variety ___ it also has use of the faster more powerful ___ a spokesman for example the portfolio because ___ both are dismissed by notebook makers who argue that ___ trying to avoid the label responded with the ___ despite the few question the 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 product is twice as heavy and costs ___ compaq 's announcement also trouble for zenith which last ___ zenith holders will vote in december on the proposed $ ___ rod compaq 's president and chief executive officer notes ___ john p. frank president of zenith data systems simply ___ we do n't look at it as not being a ___ i ca n't imagine that you 'll talk to anyone ___ adds bill senior industry analyst for a high-technology ___ the problem compaq is going to have is that they ___ compaq 's machines include the N disk drive ___ others undoubtedly will follow but most analysts believe compaq has ___ toshiba 's line of for example features the ___ 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 ___ 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 ___ 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 international corp. union carbide corp. ___ meanwhile two initial public offerings the 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 senior vice president at charles schwab corp. the ___ he said schwab had increased margin requirements so customers have ___ inc. following rival hertz corp. 's lead said it ___ the garden city n.y. company said it wo n't ___ but it remains involved in programs with amr corp. 's ___ industry estimates put 's annual cost of all five ___ a spokesman for 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 are two of the five airlines with ___ national also in the northwest program along with ___ a month ago hertz of park n.j. said that ___ at the time hertz said its annual fees to those ___ budget said its costs are substantially below 's ___ robert d. vice president of marketing said the ___ this year has been difficult for both hertz and ___ they 've been looking to get their costs down and ___ cbs inc. is cutting the pat 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 shows to follow the ___ but cbs news will extend its by N ___ the show despite a promising start has slipped badly in ___ further the 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. said ___ the company 's u.s. performance was helped by a record ___ tandem makes computers machines with backup systems that ___ tomorrow the company is scheduled to announce its most powerful ___ prices for the machine which can come in various ___ analysts expect the new computer to a hefty ___ we believe they could perhaps two to three billion ___ i 'd be disappointed if the company grew by less ___ ibm is expected to respond to tandem 's by ___ obviously ibm can give bigger discounts to users immediately said ___ but mr. 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. is reluctant to abandon this notion insisting ___ the stock market 's 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 from the rest of the ___ its ca n't be 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 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 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 exports and business investment spending may be ___ what 's more the corporate borrowing binge has n't ___ 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 ___ 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 more cautious well ___ on the bottom line the most 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 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 ___ 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. 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 producers are caught on the downside of ___ by some accounts on wall street and in the industry ___ but say growing production capacity could keep pressure on ___ in the latest quarter at least profit is expected to ___ for inc. how far down it is we do ___ the projections are in the neighborhood of N cents a ___ faces lower prices for its mainstay product while ___ the company based in wilmington del. is 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 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 issue which can be put back to the ___ rated by moody 's and 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 ___ the agency 's first strips issue collateralized by freddie mac ___ the securities will be by securities into ___ the securities pay the principal from the underlying freddie ___ freddie mac said the securities were priced at N ___ the securities were priced at N N to yield ___ there were no major or foreign bond offerings in ___ the economy 's will be taken from several ___ 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. 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. an economist for lloyd 's bank in ___ auto prices had a big effect in the and ___ food prices are expected to be unchanged but energy costs ___ he also says he thinks core inflation which the ___ he expects a gain of as much as N N ___ housing starts are expected to a bit from august ___ economists say an august rebound in permits for units ___ if the 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 here three ___ the early episodes make you long for a of ___ according to the program 's publicity prospectus capital city set ___ but with all the money and of high finance ___ you need n't be a securities lawyer to realize ___ the produced series has been criticized by london 's ___ turned loose in 's trading room the ___ judging by the money lost and mistakes made in the ___ in the opening episode we learn that a junior ___ rather than keep the loss a secret from the outside ___ traders spend the morning 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 of the first episode is devoted ___ surprisingly the week only to have a ___ instead of closing ranks to protect the firm 's reputation ___ the plot is when the firm 's major ___ if you can the that the rewards for ___ lives in a hotel room and although she drives ___ and it takes the ' man of ___ perhaps the explanation for these is that britain ___ after all this is n't old money but new money ___ this attitude is clearly illustrated in the treatment of max ___ enough he lives in a converted church ___ but apparently to make him even to the ___ he takes his wash to the where he meets ___ in producing and promoting capital city has spent about ___ the production costs are a not # N million ___ another half million went for a of ___ these expenses create a special incentive for capital city 's ___ 's u.s. marketing agent donald is preparing to ___ he is hopeful citing three u.s. comedy series three ___ perhaps without it mr. simultaneously has put his ___ the first episode concluded with a scene in ___ and many in the young cast bear striking to ___ looks like a young william ___ so ok kids everybody on stage for carry on trading ___ the pressure is too much for who ___ he into a desktop computer terminal which covering ___ and all the while the bonds are in the baby ___ mr. is senior in the journal 's london ___ assurances of france gave details of its financing plans ___ the proposed acquisition is part of sir james goldsmith 's ___ in an attempt to 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 bebear chairman and chief executive ___ the other banking companies in the group are credit lyonnais ___ mr. bebear said group has more than $ N ___ he said the assets to be sold would be ___ 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 ___ 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 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 ___ 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 vehicles fell N N from ___ without gm overall sales for the other u.s. 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 ohio was up to ___ we 're really confident everything will bounce back to normal ___ separately chrysler said firm prices on its 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. N years old was named president and ___ mr. had been a consultant to the subsidiary 's ___ mr. succeeds william h. who resigned to pursue ___ it also has interests in military electronics and 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 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 so ___ in addition competition for is getting tougher in many ___ instead of being denounced as an evil agent of ___ they have a lot to do these days to compete ___ the radio reporters seem better informed and more critical ___ boys on busy street corners newspapers of every political ___ the british broadcasting corp. and the u.s. state department 's ___ australian press 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 communist party to ___ it proved a perfect time for radio free europe to ___ not only did the ministry of foreign affairs approve ___ it 's a far cry from the previous treatment of ___ in fact some of the network 's say ___ during the past four years many of us have sat ___ through much of the 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 competition for radio free europe comes during ___ radio often its most politically outspoken for ___ television which most of the time is considered rather ___ 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 radio free europe which ___ the office plans to hire free-lance reporters to cover ___ the service has a daily news show called ___ there 's also a host of new programs trying to ___ a daily program called the march of time tries ___ and to attract younger radio free europe the ___ we are for all the news says mr. ___ proposals for national service like up from ___ the disease 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 both military experience ___ if only we could get america 's youth into ___ a quarter of a century ago national service was ___ 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 departments until ___ this time it attempted to 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 group the plan ___ a provision allowing grants to be applied to purchases ___ the plan trees ___ with a tax-free $ N payment at the end ___ mind you most of the would be 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 is printed the house may add more ___ it is widely known that too many the ___ the omnibus bill coming out of congress may be ___ is the voluntary sector so weak that it needs such ___ according to the poll american adults contribute an average ___ even if government does see various 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 jobs ___ will national service in the current highly and ___ polls show wide support for some vague concept of ___ nonetheless senate democrats are organizing a roll of supporting associations ___ so far the president seems to substitute any of ___ however even this plan could become if the ___ the omnibus can be defeated the virus controlled and real ___ national service the idea still wo n't go away ___ this article is adapted from remarks at a institution ___ drug inc. said gary N years old who ___ he succeeds his father philip t. who founded the ___ robert e. 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 n.j. provides management services to ___ 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 established ___ at least N bills proposing one or another national program ___ one by sen. sam d. 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 to society ___ so do those who seek a concept of ___ to mandatory service is an and voluntary systems ___ 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 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 questions and the label national service ___ as a starting point here are five N consider ___ it involves accepting risk or giving up income or deferring ___ it follows that proposals like whose benefits to ___ 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 in jail each ___ but through tax policy and in other ways the federal ___ it should also encourage service 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 training and supervision all ___ full-time residential programs also require housing and full-time supervision they ___ programs are cheaper but good ones still come to ___ 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 institutions ___ and they have grown up in grim circumstances among ___ but many of them can be quite by ___ some wo n't accept the discipline others drop out for ___ learning skills producing something feeling useful they are no ___ even if it is cheaper to build or ___ they are giving up no income deferring no careers ___ but they believe themselves to be serving and they begin ___ mr. 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 were partly sunday ___ fed chairman greenspan was surprised by both stories according to ___ nevertheless fed officials acknowledged the stories were reasonably accurate ___ it is prepared to assume the same role it played ___ the fed provides money to the banking system by buying ___ the 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 mr. ___ but in this context that 's the smart thing to ___ at the treasury secretary brady issued a statement the ___ today 's stock market decline does n't signal any fundamental ___ the economy remains 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 mr. greenspan sec chairman richard breeden ___ aides say he continued to work the phones through the ___ administration officials say president bush was throughout friday afternoon ___ he had frequent telephone with mr. brady and michael ___ government officials tried throughout the weekend to a ___ 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 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 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 during other big declines in ___ the crash of N was followed by a substantial recovery ___ the october 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 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 right now and when starts ___ so it 's more prudent to wait and see how ___ roger professor of finance at yale university and head ___ generally it is n't to be in and out ___ mr. thinks that this week is going to be ___ but he also thinks it is a good week to ___ john former president of the los angeles chapter of ___ and we hope to take advantage of 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 fund which ___ stocks such as foods corp. 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 a seattle money manager used futures ___ he thinks the underlying inflation rate is around N N ___ in the pension accounts he manages mr. has raised ___ he thinks government officials are to let a recession ___ so he thinks the government will on the side ___ as a result mr. says i think the ball ___ david m. jones vice president at g. & ___ 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 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 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 ___ 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. ___ 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 banker include group a ___ bankers trust and financed the $ N million acquisition ___ banker also named three outside director for its ___ the 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 would be to ease the ___ that 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 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 from N p.m. to N p.m. and ___ during the first halt after the s&p index had fallen ___ that system is designed to separate 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 for about N minutes the s&p index tumbled ___ traders then spent the last half-hour watching to see if ___ one estimated that N N to N N of ___ but the 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 ___ in october N just after the market drop washington was ___ over the next year that grand agenda was 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 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 dismissed such as 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 drops N points big board halts trading for ___ give sec authority to monitor 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. told that he recently had been to ___ 's article was accompanied by a picture of mr. ___ even though it will be independent of official television ___ south africa 's national union of said that about ___ de beers said that workers at five of the group ___ the in negotiations occurred with de beers offering a ___ japan 's opposition socialist party denied that its legislators had ___ the had been raised in parliament by the governing ___ 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 ___ fund official simon said world trade in wildlife was ___ a nato project to build a for the 1990s ___ britain france and italy announced technical reasons for but ___ a few hours after the party launched its own ___ 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 environment the ___ china 's program has achieved some successes in ___ the official china daily said retail prices of 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 measures was to economic ___ economists now predict the growth rate will be about N ___ in a sign of growing official for russian ___ a $ N million of was completed ___ the is the of director ___ it all seemed innocent enough last april one steven b. ___ it is almost identical to the sony product mr. ___ the justin merchandise carried wholesale prices some N N below ___ but instead of a new customer part of a ___ mr. it turned out was a private using ___ seeking to keep justin 's my own product line off ___ since then life has changed a lot for leonard ___ i have n't been able to get a decent night ___ it 's the most 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 by ___ now sony whose innovative products are among the most ___ the of this is that justin knocked off the ___ if sony wins mr. says its little rival will ___ at worst he adds they 'd have to them ___ mr. denies the suit 's charges and says his ___ i made a similar line and i produced it cheaper ___ today u.s. judge john e. is expected to rule ___ the judge turned down an earlier sony request for such ___ though hoping to settle the case justin to fight ___ i had no idea i was getting in so deep ___ mr. had sold 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. took notice in N when ___ the 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. figured ___ his products are n't exact copies of sony 's but ___ sony uses mostly red and blue with of yellow ___ to be successful a product can be any color ___ by last winter justin was showing at toy ___ 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. 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 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 for ___ mr. says he has paid more than $ N ___ of sony mr. says they know there 's no ___ they just keep me in deeper until i reach ___ charles h. ii chairman of corp. purchased ___ the stock was bought on thursday in a privately negotiated ___ as previously reported n.h. and gas & ___ eastern utilities has offered $ N a share for ___ dresdner bank ag of west germany has announced a friendly ___ the tender offer by west germany 's commercial bank ___ dresdner is offering to acquire N N of 's ___ the terms of the offer put a value of N ___ the societe generale banking group controls N N of the ___ mexican investor joel said he sold a block ___ in a filing with the securities and exchange commission mr. ___ mr. said that he group ltd. ___ mr. has said he wants to purchase more ___ in san diego smith laboratories president timothy said the ___ new york said it and the management of sports ___ the investment bank becomes majority shareholder in sports & recreation ___ sports 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 ___ the airline would have become the latest in a ___ the state-controlled insurer assurances de france said it has ___ friday 's approval was needed to conform with rules ___ both paribas and have been increasing their stakes in ___ did n't comment officially on its reasons for seeking ___ an official did specify however that there was no ___ lockheed systems co. a unit of lockheed corp. said ___ the air force is looking to buy N new primary ___ the aircraft would replace the made by the ___ lockheed said the u.s. navy may also buy an additional ___ under the agreement with lockheed will license lockheed to ___ lockheed will build additional structures and perform final assembly of ___ a lockheed spokesman in calif. said he was n't ___ striking auto workers ended their of a metal ___ but the came as a nationwide dispute by ___ the began filing out of the shop which ___ their withdrawal was based on promises by 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 the selling of stocks ___ simultaneously it also helped trigger this year 's biggest rally ___ but an the junk market friday as ___ for example the price of corp. 's $ N ___ but not even goldman would make a market in the ___ junk bonds which 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 allen tw services and ___ the music has stopped playing says michael a principal ___ in friday 's aftermath says r. douglas 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 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 could be a lift for junk bonds ___ robert dow a partner and portfolio manager at lord ___ he adds the junk market has 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 up over the ___ for example a recent $ N million offering of ___ 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 this ___ michael 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. said the slide in junk is creating ___ for the moment investors seem more 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 ___ meantime regulators are becoming increasingly worried as the rush to ___ moody 's says the frequency of corporate credit 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 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 to news that the producer ___ many bond market participants will be closely the action ___ prices of municipals investment-grade 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 investment-grade issues and ___ 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 ___ 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 ___ this 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 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 a clear case given anti-takeover ___ james 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 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 with the chicago board of ___ in any event some traders see stocks as 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 of general elections this year is ___ for those hoping to see a of political ___ in the round of voting gave no clear ___ the ad interim coalition government that emerged from ___ on the other the so-called coalition of the left and ___ the bond for this was plain ___ the goal was a of government corruption ___ when reduced to status in however ___ with regard to greece 's scandal mr. ___ he has ample motive to shift the blame and his ___ nevertheless the new democracy and communist parties herald his ___ among questions are whether mr. received $ N ___ two former ministers were so heavily in the ___ but parliamentary probe was the case of millions of ___ in the end the investigation produced only evidence and ___ on another issue were told how their national intelligence ___ despite convincing arguments it was never established that mr. ___ the central weakness of the scandals debates was pointed up ___ the coalition government tried to show that ministers had ___ naturally neither general dynamics nor dassault could be expected to ___ so it seems that mr. and his communist ___ but while high alone wo n't help ___ first came his predictable he charged the coalition of ___ then to his credibility with the left he ___ next he continued to court the communists many of whom ___ for balance and in hopes of gaining some ___ thus heads for the polls not only with diminished ___ crucial as these elections are for greece pressing issues of ___ greece also must major pieces of legislation in preparation ___ greece 's 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 of ___ the courts have decided in favor of in ___ the seem barely aware of the importance of the ___ that could win the elections outright is the ___ yet the possibility of another government is all too ___ if mr. becomes the major opposition leader he could ___ also he could force new elections early next year by ___ new democracy has once again underestimated the opponent and ___ but since he is undoubtedly one of the most ___ mr. carpenter a regional 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 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 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 are a pact ___ new u.s. 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 '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 ___ they wrote the opinion a new rule of ___ 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 's claims ___ but the jury awarded the only $ N in ___ last week the u.s. court of appeals in new york ___ d. of & then of ___ douglas r. of & says about $ ___ & will get about $ N for the ___ the federal appeals court held that the nominal damages and ___ antitrust laws provide that injured parties may be for ___ but an attorney for the nfl says his ___ mr. of slate & flom in ___ & of houston and robertson fraser & ___ the 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 ___ in addition & '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 ___ mount lebanon high school near pittsburgh sought $ N million ___ grace successfully contended that removing the fire would pose ___ a spokesman for the company said the verdict is thought ___ s. will join morrison & as ___ she will help develop the practice of the san ___ ms. N years old resigned as federal communications commission ___ she was the first woman to be appointed fcc general ___ richard p. formerly eastern airlines ' top lawyer joined ___ mr. N spent N years at the miami airline ___ mr. said he will split his time between the ___ apple computer inc. said it will offer cash rebates on ___ apple will offer a $ N on its apple ___ the rebates as a percentage of the retail cost of ___ the company is also offering a free trial of its ___ 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 components ___ '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 ___ roger editor of u.s. news & world report resigned ___ mr. said he resigned because of difficulties with ___ in mr. 's tenure the magazine 's advertising pages ___ but at N million weekly paid circulation u.s. news still ___ b. chairman and editor in chief said mr. ___ mr. said his magazine would maintain its editorial format ___ mr. a senior writer at time magazine before joining ___ the offers were to work as a writer not an ___ 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 ___ consolidated industries inc. expects to report earnings before extraordinary ___ after a tax benefit of about $ N expects ___ for third quarter last year 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 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 expects to ___ last year the company had a net loss of $ ___ revenue for the nine months is expected to be about ___ mr. simmons said 's new mill is expected to ___ production at the mill has exceeded the ability of ___ 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 company plans to continue its ___ the company claims a N N share of the u.s. ___ freeport-mcmoran inc. said a temporary of operations at its ___ the diversified energy and minerals concern said that a depressed ___ more than N pounds of a year have been ___ a second plant at uncle sam that produces ___ freeport-mcmoran said the shutdown wo n't affect sales volumes under ___ freeport-mcmoran resource partners as owner of the technology receives ___ business week subscribers may hear this week 's issue talking ___ a 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 cost to ___ previous efforts have included musical ads featuring simple chips ___ and for those who miss the message the first time ___ financial corp. dallas said it will ask a u.s. ___ 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 ___ 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 senior vice president and chief said the ___ it the continuing uncertainty with respect to the ultimate ___ the bank said about c$ N million will be added ___ mr. said the c$ N million charge to earnings ___ the bank 's net income for the nine months ended ___ mr. said the bank will restructure its c$ N ___ the bank has a N N reserve against the remaining ___ mr. said the bank 's experience with debt ___ he said the bank will no longer participate in ___ the among takeover stocks friday does n't mean the ___ suitors from now on are more likely to be ___ and they will be launching and perhaps fewer deals ___ this is an sign for a stock market that ___ whenever the 1980s merger boom seems to be shock ___ the market is not cheap says alan 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 takeovers investment bankers ___ you had a week of a deteriorating junk-bond market that ___ trading 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 however two developments in other deals indicated ___ vitro s.a. a major mexican glass maker said yesterday that ___ on friday shares fell N N to close at ___ for the broader market the greatest significance of the ___ moreover to complete the entire glass purchase and ___ donaldson 's statement is n't merely an idle 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 ___ potential bidders for companies were saying that things were beginning ___ nothing makes things look cheaper than a drop in ___ just as there are people waiting to become bargain ___ investment bankers expect most of those bargain to be ___ in the past corporate buyers were often discouraged from making ___ now corporate buyers should be willing to 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 for a ___ they include usx down N N upjohn down N N ___ the market and investment bankers are even less about ___ given the weakness in both the junk bond market and ___ examples include whose agreement to be acquired for $ ___ shares fell nearly N N on friday to close ___ ramada which first delayed and then 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 some ___ hilton hotels for example was among the 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 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 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 to shifts ___ when a regional economy 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 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 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 in the mid-1980s has returned ___ today metropolitan houston 's real-estate market is poised for a ___ more than N jobs were added in houston last ___ this growth puts houston in the top five 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 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 out of economic growth ___ those looking for real-estate bargains in metropolitan areas should ___ mr. is managing partner of a real-estate advisory firm ___ 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 ___ also the company said its commercial products operation failed to ___ a maker of truck and commercial equipment ___ common cause asked both the senate ethics committee and the ___ mr. keating is currently the subject of a $ N ___ fred president of common cause the citizens lobby ___ mr. based this on a statement by mr. keating ___ i want to say in the most way i ___ in a highly unusual meeting in sen. '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. 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. ___ sen. after months of off intense press criticism ___ in addition sen. last week disclosed that he ___ sen. said he had meant to pay for the ___ mr. keating his family members and associates also donated $ ___ but sen. 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. said the senate ethics committee should hire a ___ wilson staff director of the ethics panel would n't ___ sen. said he would cooperate with any inquiry but ___ sen. said he had been deeply concerned at the ___ sen. glenn said he had already made a complete disclosure ___ sen. said when all is said and done i ___ sen. cranston who had already 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 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 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 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 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 and other financial ___ the industry last year and this year as a ___ still they long for a toy to retail ___ the thing the colony 's companies have to a ___ introduced in the plastic are based on ___ paul managing director of says N million ___ 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 product they cite the ___ buyers have little money left to spend on other ___ many of the toy makers ' problems started well before ___ toy makers complain that electricity in has been provided ___ bank credit for china investments all but up following ___ also concern exists that the beijing leadership will tighten ___ but toy manufacturers and other 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 ___ general kenneth argued that the N supreme court ___ he also argued that the high court was wrong in ___ the administration 's position was outlined in a 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 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 to post around $ N ___ it 's disappointing said william an analyst with smith ___ much of the earnings decline was led by rate ___ lower prices for aluminum and certain 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 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 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 an increasingly ___ both sides are to sit down next month for yet ___ few people to the talks expect the studios to ___ the networks still are in their authority over what ___ studios are to get shows in prime-time and ___ and that 's why the rules for the most part ___ studio executives in on the talks including officials at paramount ___ but mr. who represents the studios asserts the whole ___ such 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 sony corp. 's plan to acquire columbia ___ i wonder what walter will think of the ___ in his article mr. who was in europe last ___ he did n't mention that nbc in the meantime was ___ an nbc spokesman that mr. 's was ___ the big three 's for deregulation began in ___ although time already had a long-term contract to buy movies ___ nbc 's mr. wright led the way in 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 territory ___ it 's never really been tested says william iii ___ he now runs policy communications in washington consulting to media ___ rules do n't block a network from buying ___ hence nbc might be able to take say a N ___ if the transaction raised objections the studio 's operations ___ but such would still block the networks from ___ 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 federal communications commission had ruled in favor of ___ various evidence including a 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 it 's about money not ___ a spokesman for rep. edward j. markey who heads ___ but he said mr. markey hopes this the networks ___ and at the fcc meanwhile new chairman alfred c. ___ 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. ___ mr. 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 to the stock market 's plunge ___ in august intel warned that third-quarter earnings might be flat ___ on friday andrew intel president and chief executive officer ___ our bookings improved as the quarter 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 former ___ at the same time six anc colleagues five of whom ___ and as the men returned to their homes the ___ a huge anc flag with black green and gold ___ at the small home of 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 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 the tide of anc ___ of anc and we shook the ___ and they called on the government to release nelson ___ without him said mr. sisulu the of the others ___ president de released the anc men along with ___ but pretoria may instead be creating a climate for more ___ as other 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 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. in ___ the men also will be faced with the generation ___ says peter president of the south african youth congress ___ at last night 's rally they called on their ___ we discipline because we know that the government is ___ we want to see nelson and all our ___