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+10	The decision was announced	trading ended
+5	The U.S. wants a higher won to make South Korea 's exports more expensive and help trim Seoul 's trade surplus	Many South Korean business people want a devaluation
+6	South Korean President Roh Tae Woo said the currency 's current level against the dollar is `` appropriate	Mr. Roh said South Korea is taking steps that would free the won to respond to market forces
+10	Mr. Roh said a U.S. demand for the removal of South Korean import quotas on beef will be resolved `` satisfactorily '' but gave no hint when that will happen	Speaking to a joint meeting of Congress
+1	Those activities generated $ 26.1 million in operating profit last year	according to Great American , such profits do n't count toward meeting the San Diego savings bank 's new capitalization requirements under 1989 federal law
+6	The proposed holding company 's primary purpose would be to allow Great American to continue engaging in real estate development activities	The proposed holding company would consolidate Great American Bank in San Diego and its Tucson , Ariz. , savings bank into a single , federally chartered institution in San Diego
+6	that Ms. is `` in dire straits	that Sassy needs big promotional dollars to keep it alive
+1	Mr. Lang admits that Ms. is `` in dire straits '' and that Sassy needs big promotional dollars to keep it alive	the 57-year-old publisher has moved quickly and boldly to deal with the magazines ' problems
+1	it has been the target of conservative lobbyists and skittish advertisers who bristled at its frank editorial matter on teen-age problems	Sassy has grown quickly since its debut in March 1988
+6	circulation has quickly passed the 500,000 mark	advertising pages have stabilized this year at more than 300
+1	Seventeen is written more for mothers , not their daughters	Sassy has a different spirit.It gets more mail in a month than McCall 's got in a year , and it 's not from mothers
+6	It gets more mail in a month than McCall 's got in a year	it 's not from mothers
+1	Lang owns 70 % of Matilda	Citicorp owns the rest through its Citicorp Venture Capital Partners
+1	Industry observers have congratulated Mr. Lang on what some call his `` courageous '' handling of Ms	his track record in magazine publishing in general has gotten mixed reviews
+1	Working Woman , with circulation near one million , and Working Mother , with 625,000 circulation , are legitimate magazine success stories	The magazine Success was for years lackluster and unfocused
+6	Only recently has it been attractively redesigned	its editorial product improved
+6	with McCall 's magazine being sold last summer to the New York Times Co. 's Magazine Group for about $ 80 million	Time Warner agreeing to sell back its 50 % interest in Working Woman and Working Mother to Mr. Lang
+10	Mr. Lang surprised Time	joining forces
+2	Mr. Lang surprised Time soon after joining forces	he said he would negotiate rates individually with advertisers , a practice common in broadcasting but considered taboo by magazine publishers
+6	Mr. Lang surprised Time soon after joining forces when he said he would negotiate rates individually with advertisers , a practice common in broadcasting but considered taboo by magazine publishers	McCall 's put in a less than stellar performance
+6	Time executives complained about the shoddy editorial quality	in the end , one Time executive who asked not to be identified said , `` Frankly , McCall 's and the joint venture were an embarrassment
+2	Time executives complained about the shoddy editorial quality	and one Time executive who asked not to be identified said , `` Frankly , McCall 's and the joint venture were an embarrassment
+10	Their management changed	{ the venture was formed }
+6	Their management changed right after { the venture was formed }	I do n't think they were comfortable getting into the competitive wars of women 's service magazines
+2	that even Success , in part , fits the company 's image	about 30 % of its readership is female
+6	We would have to go outside to banks to get the money	I am not ready to do that
+6	and I am not ready to do that	we have enough on our plate
+3	that Rhone-Poulenc would likely respond by closing the salicylates plant Monsanto operates in Wales	the British government attempted to block the merger
+1	Boise , Idaho-based Morrison had losses totaling $ 186 million over the two years ended in December	it has surged back to profitability as a result of cost-cutting and shedding of unprofitable operations
+1	he accepted the finding	one of the victims , Dorena Bertussi , denounced the ethics panel 's action as `` absurd
+10	Acting	Ms. Bertussi filed a complaint
+6	It ordered Rep. Bates to write letters of apology to Ms. Bertussi and to a second complainant , Karen Dryden	The panel warned Rep. Bates that any further violations `` may result in a recommendation that disciplinary action be considered
+1	that any further violations `` may result in a recommendation that disciplinary action be considered	Who in their right mind is going to file another complaint with the Ethics Committee
+10	StatesWest declined to disclose details and asked Mesa to do the same	it made the offer
+1	When it made the offer , StatesWest declined to disclose details and asked Mesa to do the same	Farmington , N.M.-based Mesa said the offer was for $ 7 in cash and unspecified StatesWest securities valued at $ 3 a share
+6	Profit after taxes and minority interests increased 16 % to # 55.2 million from # 47.6 million in the year-earlier period	earnings per share rose 16 % to 27.9 pence ( 44 cents ) from 24.1 pence ( 38 cents )
+6	Fleet/Norstar Financial Group reported a 12 % increase in net income in the third quarter , led by a 43 % gain in its financial services group	Fleet noted that , unlike other banking companies in the Northeast , it has been only marginally hurt by nonperforming loans that have resulted from the slumping regional real estate market
+6	The additional reserves relate to possible write-downs of certain assets held by Franklin and its subsidiaries and the default of a bond in its investment portfolio	According to a spokeswoman , they relate to changes Franklin will have to make in its accounting procedures to comply with new federal capitalization requirements for thrifts
+6	Arkla Inc. said that as part of a program to improve profitability it will take a total of $ 189 million in after-tax charges by year end	It announced an initial public offering of 18 % of its gas exploration and production subsidiary
+11	for South African debtors to make repayments in eight installments , starting in December of next year	The redemption would be at 1.5 % of the total debt , increasing to 2.5 % in February 1991 , and to 3 % at six-month intervals thereafter
+6	that has voted Republican in the past five presidential elections	that was once represented by Republican U.S. Sen. Trent Lott
+2	Business was slow	many companies were closed yesterday
+6	Most of its 4,500 workers were at work yesterday	no production slowdown was anticipated as long as electricity remains available
+3	and no production slowdown was anticipated	electricity remains available
+6	AMDAHL CORP. , Sunnyvale , computer maker , annual sales of $ 1.8 billion , Amex , was closed yesterday	no damage estimates were available
+0	AMERICAN BUILDING MAINTENANCE INDUSTRIES Inc. , San Francisco , provider of maintenance services , annual revenue of $ 582 million , NYSE , had some damage to headquarters and lost phone service	operations were moved to a branch office and are running smoothly thanks to a decentralized computer system the company had developed before the quake
+6	BANKAMERICA Corp. , San Francisco , bank holding company , annual revenue of $ 10.2 billion , NYSE , yesterday had no power at its headquarters , 80 of its 433 Northern California branches were closed	250 of 750 automatic teller machines were closed in the area
+1	BECHTEL CORP. , San Francisco , engineering and construction concern , annual sales of $ 4 billion , had only minor structural damage at its three buildings in the city	its computers were knocked out
+6	Backup computer tapes were hand-carried to an IBM office in Philadelphia	the company expects its mainframe to be up in a few days
+1	sales are expected to be hurt	the losses are covered by insurance
+1	CHEVRON CORP. , San Francisco , oil company , annual sales of $ 25.2 billion , NYSE , had minor damage to downtown headquarters	structural damage closed two of its seven buildings in San Ramone industrial park
+11	CLOROX Co. , Oakland , consumer products , annual sales of $ 1.36 billion , NYSE , was closed yesterday but plans to reopen today or tomorrow	orders are being routed through Kingsford Products unit in Louisville , Ky
+6	CLOROX Co. , Oakland , consumer products , annual sales of $ 1.36 billion , NYSE , was closed yesterday but plans to reopen today or tomorrow	orders are being routed through Kingsford Products unit in Louisville , Ky
+1	Meanwhile , orders are being routed through Kingsford Products unit in Louisville , Ky	computer problems mean they must be processed manually
+6	most of its stores to return to full operation	all 2,500 of its Bay-area workers to be back at work by today
+1	There was limited production of some models yesterday	it was n't clear when the normal 750-car-a-day pace will resume
+2	The computer system was operating	orders could be taken
+6	Others had lesser damage	there were no injuries among workers
+1	its headquarters was closed yesterday because of power failures and lack of water	that it may reopen today
+1	telephones were out at its headquarters	service should be restored by today
+6	INTEL Corp. , Santa Clara , semiconductor maker , annual sales of $ 2.87 billion , OTC , had some damage	few people were at work yesterday
+6	flooding caused by broken water pipes closed its San Jose plant	closed yesterday were the company 's Santa Teresa software-development lab and the Almaden research center
+6	KAISER ALUMINUM & CHEMICAL , Oakland , metal and chemical maker , annual sales of $ 2.22 billion , had slight structural damage to its 28-story headquarters building	employees stayed home yesterday to allow crews to clean up
+10	The closing , affecting 266 employees , will continue	roads are cleared
+6	It was n't known to what extent , if any , the facility was damaged	It was n't known what the impact will be on the division 's work
+6	The division had only minor damage at its Sunnyvale headquarters and plant in Palo Altos	no delays in deliveries are expected
+6	LONGS DRUG STORES INC. , Walnut Creek , drugstore chain , annual sales of $ 1.9 billion , NYSE , had only minor damage	only four of its 75 Bay-area stores , all in the Santa Cruz area , were closed
+11	LSI LOGIC CORP. , Milpitas , maker of customized integrated circuits , annual sales of $ 550 million , NYSE , has halted manufacturing at its three plants in the area	they are inspected for structural damage
+1	MEASUREX CORP. , Cupertino , maker of computer integrated manufacturing processes , annual sales of $ 265 million , NYSE , had only minor damage	workers spent most of yesterday cleaning up
+1	it had no major structural damage at its 30 Bay-area buildings	two workers were injured
+3	PACIFIC GAS & ELECTRIC CO. , San Francisco , electric , gas and water supplier , annual sales $ 7.6 billion , some minor damage to headquarters , undetermined damage to four nearby substations , severe structural damage to a major power plant at Moss Landing , extensive damage to gas lines and electric lines , 400,000 residences without electricity and 69,000 without gas , can not reconnect electricity	it is certain there are no gas leaks , no predictions on when this will happen
+1	CHARLES SCHWAB & CO. , San Francisco , discount brokerage firm , annual sales of $ 392 million , had only minor damage to headquarters building and was up and running for yesterday 's market open	Firm will not resume 24-hour service until power in city is restored
+3	Firm will not , however , resume 24-hour service	power in city is restored
+0	Many employees stayed home yesterday	customer service was being maintained
+6	VARIAN ASSOCIATES INC. , Palo Alto , instrumentation and semiconductor equipment company , annual sales of $ 1.3 billion , had only minor damage	no slowdowns were anticipated
+11	That was the question structural engineers and California transportation officials were asking themselves yesterday	rescue workers began the gruesome task of trying to extract as many as 250 victims from beneath the concrete slabs of the double-deck Nimitz Freeway in Oakland
+10	California Gov . George Deukmejian late yesterday called for an inquiry into the freeway 's collapse , blaming the disaster on substandard construction	touring the area
+1	The impact of the destruction of this 2.5-mile stretch of highway was tragically measured in lost lives	there are other long-term effects that raise serious questions about the ability of California 's infrastructure to withstand a major temblor
+10	It could easily be two years	the well-traveled artery that helps connect Oakland with San Francisco is reopened
+6	It could easily be two years before the well-traveled artery that helps connect Oakland with San Francisco is reopened	the cost to build a new stretch of highway could soar to more than $ 250 million
+2	The aftershocks of the highway tragedy are reverberating in Los Angeles as well	local politicians spoke yesterday against plans to bring double-decking to Los Angeles freeways by 1994
+2	Caltrans abandoned double-decking in the early 1970s , following the 1971 Sylmar earthquake that destroyed freeway sections just north of Los Angeles , Mr. O'Connell explained	why even consider stacking freeways now
+2	We 've run out of places to build freeways in L.A	the only place to go is up
+0	and the only place to go is up	there are many obstacles , including cost
+1	there are many obstacles , including cost	as for safety double-deck freeways built today with the heavily reinforced concrete and thicker columns required after the Sylmar quake should withstand a calamitous temblor of 7.5 to 8 on the Richter scale
+1	Reasons for the collapse of the Nimitz Freeway were sketchy yesterday	most structural engineers attributed the destruction to improper reinforcement of the columns that supported the decks , and the fact that the ground beneath the highway is largely landfill and can become unstable , or `` liquefy , '' in a major quake
+1	they apparently lacked an adequate number of metal `` ties '' that run horizontally through the column	the pillars did have long metal bars running vertically through them for reinforcement
+1	Caltrans today uses a variation of the design Mr. Parker describes , with spiraling steel rods inside	in the case of the Nimitz Freeway , the lack of such support caused the core of the columns to crumble and buckle under the weight of the second deck , crushing motorists who were lined up in bumper-to-bumper rush-hour traffic on the lower deck nearly 15 feet below
+6	Basically , we had a severe earthquake of significant duration	it was just something the structure could n't withstand
+1	Ironically , Caltrans this year began working on a second round of seismic reinforcements of freeways around the state , this time wrapping freeway columns in `` steel blankets '' to reinforce them	only bridges supported with single rows of columns were top priority , and the Nimitz Freeway , supported by double rows , was left out
+6	But only bridges supported with single rows of columns were top priority	the Nimitz Freeway , supported by double rows , was left out
+6	Lionel Corp. 's board unanimously rejected a tender offer of $ 8 a share , or $ 95.4 million , for as much as 90 % of Lionel by a group with a 9.9 % stake in the toy retailer	Lionel urged holders of its stock and debt not to tender their securities
+6	Lionel also urged holders of its stock and debt not to tender their securities	Lionel said the offer by Robert I. Toussie Limited Partnership is inadequate , and full of conditions that leave it `` subject to substantial uncertainty
+6	Lionel Corp. 's board unanimously rejected a tender offer of $ 8 a share , or $ 95.4 million , for as much as 90 % of Lionel by a group with a 9.9 % stake in the toy retailer . Lionel also urged holders of its stock and debt not to tender their securities , saying it wants to remain independent to pursue its business strategy.Lionel also said the offer by Robert I. Toussie Limited Partnership is inadequate , and full of conditions that leave it `` subject to substantial uncertainty	Lionel began a lawsuit in federal District Court in New York seeking to enjoin the offer , alleging , among other things , violations of federal securities law and fraudulent manipulation of the market for Lionel 's securities
+10	he would respond to Lionel 's suit	his lawyers review it
+2	Efforts by a federal mediator to reignite talks between Boeing Co. and the Machinists union apparently failed	no further meetings are scheduled
+1	Company officials and union representatives did n't meet face to face	the mediator shuttled between the two groups
+1	it wo n't increase its offer	adjustments within the proposed pay-and-benefit mix are possible
+11	some members are getting nervous	the strike enters its 15th day today
+1	some members are getting nervous	the majority of the 55,000 Machinists are prepared to `` wait it out as long as it takes
+11	he retained investment bank Lazard Freres & Co. for advice	he evaluates the possibility of making a bid for the textile maker
+1	Some of it was necessary to get federal help flowing to victims	some seemed designed mostly to project an image of a White House in action
+10	of responding too slowly	the Exxon Valdez oil tanker split open in Alaskan waters and Hurricane Hugo struck the Carolina coast
+6	after the Exxon Valdez oil tanker split open in Alaskan waters	Hurricane Hugo struck the Carolina coast
+6	Mr. Bush and his aides were accused of responding too slowly after the Exxon Valdez oil tanker split open in Alaskan waters and Hurricane Hugo struck the Carolina coast	they clearly do n't want a repeat of those charges now
+2	and they clearly do n't want a repeat of those charges now	the White House announced that Mr. Bush got his first earthquake briefing of the day at 6:30 a.m. from chief of staff John Sununu
+6	Profit after taxes and minority interests but before extraordinary items increased 22 % to # 92.6 million from # 75.6 million a year earlier	fully diluted earnings per share rose to 29.90 pence ( 47 cents ) from 24.68 pence ( 39 cents )
+0	its havoc hopscotched up the coast in seemingly random fashion	the epicenter of Tuesday 's temblor was located 10 miles north of the town of Santa Cruz , and 50 miles south of San Francisco
+1	Though the epicenter of Tuesday 's temblor was located 10 miles north of the town of Santa Cruz , and 50 miles south of San Francisco , its havoc hopscotched up the coast in seemingly random fashion	the greatest damage was visited on buildings and roadways perched upon landfill , as were the Marina District of San Francisco and the Bay Bridge -- two areas of maximum devastation
+1	Landfill -- loose and unconsolidated earth -- may feel like rock	it behaves like liquid when you shake it
+3	but it behaves like liquid	you shake it
+3	Landfill can be done	it 's properly compacted
+0	Landfill can be done if it 's properly compacted	the public policy issues raised by earthquake damage will be difficult to address
+11	One old building , the Golden State Bank Building on Front Street , had its yellow brick facade sheared off by the shock of the quake	piles of dusty bricks tumbled to the street below
+6	It 's a danger We know it 's there	sooner or later , we have to do something about it
+2	The urgency is heightened	this week 's earthquake did n't release enough pent-up energy tension along the faultlines to preclude more and bigger quakes soon
+0	because this week 's earthquake did n't release enough pent-up energy tension along the faultlines to preclude more and bigger quakes soon	major and followed by hundreds of aftershocks
+3	the product will be rolled out for national sales sometime next year	all goes well
+1	After the confusion surrounding the change of the Coke formula in 1985 , Coca-Cola was reluctant to clutter the Classic name with a brand extension	now , the soft-drink giant appears willing to take the risk
+6	The name Classic Coke has tremendous value	they have n't merchandised that name before
+6	a caffeine-free Classic should help increase volume of the original brand	that the absence of new products , among other factors , has limited sales growth throughout the industry
+11	rescuers searched through rubble for survivors of Tuesday 's temblor , and residents picked their way through glass-strewn streets	aftershocks shook the San Francisco Bay area
+6	rescuers searched through rubble for survivors of Tuesday 's temblor	residents picked their way through glass-strewn streets
+6	At least 270 people were reported killed in the rush-hour tremor that caused billions of dollars of damage along 100 miles of the San Andreas fault	1,400 injured
+6	Bush declared the region a major disaster area	the military was mobilized to prevent looting
+6	The space shuttle Atlantis blasted into orbit from Cape Canaveral , Fla	its crew of five astronauts launched the nuclear-powered Galileo space probe on a flight to the planet Jupiter
+6	saying trade issues would be `` resolved to mutual satisfaction	He said tragic results could follow any `` hint of weakening '' of the U.S. defense commitment to Seoul
+1	Per capita income rose 1.7 % to $ 13,120	median family income fell 0.2 %
+1	Britain 's Prime Minister Thatcher told a Commonwealth summit in Kuala Lumpur , Malaysia , that sanctions against South Africa were `` utterly irresponsible	other nations at the opening of the 49-nation meeting of Britain and its former colonies pressed for continued or stronger embargoes in an effort to end apartheid
+10	Christian legislators are insisting on a Syrian troop pullout from Lebanon	agreeing to political changes giving the nation 's Moslems a greater role in Beirut 's government
+6	Charles S. Mitchell , a vice president with Homart Development Co. , the real estate development subsidiary of Sears , Roebuck & Co. , was named president of Figgie Properties , a real estate development unit	Richard A. Barkley , a former marketing executive with FMC Corp. , was appointed president of Continental Container Systems , a producer of can closing machinery that Figgie acquired late last year
+1	Dow is comfortable with Wall Street expectations that full-year earnings will total about $ 14.60 a share , compared with last year 's record net of $ 2.4 billion , or $ 12.76 a share	that signal on full-year profit casts doubt on whether Dow will improve on its year-ago fourth-quarter net of $ 3.44 a share , or $ 635 million
+3	Dow would earn $ 14.85 a share for the year	it equaled that year-ago fourth-quarter performance
+10	Dow officials were signaling that the company would earn less than $ 15 a share this year	they announced in July a plan to acquire 67 % of Marion Laboratories Inc
+3	that they make bad judicial history	great confirmation hearings turn on the nominee 's response to these great cases
+1	the title itself is dubious	the book amply justifies its subtitle
+2	Mr. Bork 's attackers come through more vividly than his defenders	they won
+1	Harvard 's Laurence Tribe was the constitutional heavy , laying out legal strategies for the senators and witnesses to follow	it was Ted Kennedy who scored most effectively with his searing portrayal of `` Robert Bork 's America '' -- the parade of imaginary horribles that would follow logically , he claimed , from the positions Mr. Bork had taken over the space of two decades
+1	that Mr. Bork was willing to stretch the Constitution in one area ( free speech )	remaining rigid in all the others
+11	that Mr. Bork was willing to stretch the Constitution in one area ( free speech )	remaining rigid in all the others
+0	Given Democratic frustration with the Reagan victories and Court appointments , the contingency plans in place , and Mr. Bork 's paper trail of vulnerable writings , it was pretty clear that Judge Bork never stood much chance of being confirmed	The nomination might have been salvaged if a number of Democratic moderates in the South and Southwest had broken party lines
+3	The nomination still might have been salvaged	a number of Democratic moderates in the South and Southwest had broken party lines
+1	The nomination still might have been salvaged if a number of Democratic moderates in the South and Southwest had broken party lines	Democratic Sen. Bennett Johnson of Louisiana reminded the little band that anti-Bork blacks and women could furnish the margin to punish them in their next Senate elections
+1	Mr. Bork 's opponents chose the battlefield , held it and kept it	with the smooth confirmation of Anthony Kennedy , an `` 80 percenter '' only slightly less supportive of judicial restraint than Mr. Bork , the Democrats may have won the battle but lost the war
+1	Mr. Bork 's opponents chose the battlefield , held it and kept it	Another upshot was the chilling message the Bork hearings sent into the judicial culture from which the Supreme Court draws its talent
+6	he would have found a long history going back to the great decisions of Justice Holmes	He would discover it in Alexander Bickel , a subtle constitutional scholar , Mr. Bork 's closest friend at Yale
+1	Probing more deeply into the doctrine of `` judicial restraint , '' he would have found a long history going back to the great decisions of Justice Holmes.He would discover it also in Alexander Bickel , a subtle constitutional scholar , Mr. Bork 's closest friend at Yale , whose influence on the judge goes well beyond Mr. Bronner 's reporting	the long view of Robert Bork as constitutional thinker must be a spotty one
+3	that must be settled judicially	it is to cohere
+0	that the new right to privacy will become intolerably stretched	a Supreme Court composed of men and women with realism , guts and a sense of limits should be able to manage it
+3	that it will be at their peril	Americans allow another happening like the degrading Bork confirmation circus
+3	it makes a profit	the investment bank can sell the securities at a higher price than it paid the issuer
+7	If the investment bank can sell the securities at a higher price than it paid the issuer , it makes a profit	At the initial sale last night the sale featuring the Impressionists masters -- bids totaled $ 116 million
+5	Normally , Sotheby 's would have earned 20 % of the total in commissions	the auction house opted to forgo that percentage in order to obtain the collection and in exchange for taking a bigger chunk of proceeds exceeding $ 100 million
+1	that a financial commitment of this size is unprecedented	auction houses occasionally guarantee the seller of a highly desirable work of art a minimum price
+1	Diana D. Brooks , president of Sotheby 's North America division , vehemently denies it offered the Dorrance heirs a money-back guarantee	Buried in the glossy hardbound catalog for the sale appears the statement , `` Sotheby 's has an interest in the property in this catalog
+10	representatives of the Dorrance family `` told us it was a question of financial considerations	Christie 's officials asked why the firm was n't picked to sell the Dorrance collection
+6	Collectors who have made their money on Wall Street have become an increasingly important part of the art business	their money has helped fuel the art boom
+1	Collectors who have made their money on Wall Street have become an increasingly important part of the art business and their money has helped fuel the art boom	recently it appears Sotheby 's has been returning the compliment
+0	In November 1987 , Sotheby 's essentially offered a Wall Street-style `` bridge loan '' of about $ 27 million to Australian businessman Alan Bond to enable him to purchase Vincent van Gogh 's `` Irises '' for $ 53.9 million.It was the highest bid in history for a work of art	two weeks ago , Sotheby 's said that it has the painting under lock and key because the loan had not been fully repaid
+2	that it has the painting under lock and key	the loan had not been fully repaid
+2	Sotheby 's is offering such deals	it 's an art sellers ' market
+1	There seems to be a lot of art for sale	there 's more competition
+1	Instead the auction house opted to forgo that percentage in order to obtain the collection and in exchange for taking a bigger chunk of proceeds exceeding $ 100 million	The Dorrance family will receive a substantial portion of the auction proceeds above $ 100 million
+1	The Dorrance family will still receive a substantial portion of the auction proceeds above $ 100 million	it 's likely that Sotheby 's will take a higher than usual commission on the amount exceeding the guarantee
+2	The decision to put the entire collection on the block stunned many	Mr. Dorrance had served as chairman of the Philadelphia Museum of Art , and it had been assumed many of the works would be donated to the institution
+6	since Mr. Dorrance had served as chairman of the Philadelphia Museum of Art	it had been assumed many of the works would be donated to the institution
+11	The decision to put the entire collection on the block stunned many	Sotheby 's guarantee is raising eyebrows in the art world
+6	The decision to put the entire collection on the block stunned many	Sotheby 's guarantee is raising eyebrows in the art world
+1	It ought not to be hidden in some small print	that he has no problem with auction houses who sell works in which they have a financial interest
+7	In such situations the house `` is going to put the best light on things	an auction house 's comments on the condition of a work of art that is up for sale should be looked at with `` very open eyes
+3	another one will	they do n't lay out a half a million for this
+1	that Christie 's wo n't offer financial guarantees	the auction house sometimes waives its seller 's commission
+2	that Christie 's wo n't offer financial guarantees	Christie 's believes its primary role is as an auction house , and therefore as an agent { for buyer and seller } , not as a bank
+2	its primary role is as an auction house	and as an agent { for buyer and seller } , not as a bank
+1	Egon Krenz , the man tapped yesterday to become East Germany 's new leader , faces the same task that has fallen to neighboring socialist colleagues : reforming a country in crisis	unlike the other new leaders in the East Bloc , Mr. Krenz will face an immediate threat to his nation 's very existence : German reunification
+3	however , he would still stand a good chance of losing a country	he were to change his stripes and become another Milton Friedman
+1	Mr. Krenz , age 52 , is known as an old-guard ironfist , one likely to continue the method of running a country that the Berlin Wall made famous	Even if he were to change his stripes and become another Milton Friedman he would still stand a good chance of losing a country
+1	Faced with another Mr. Honecker , so many despairing East Germans are likely to flee that the two German peoples will get their reunification , de facto , on West German ground	if East Germany 's arthritic Politburo does loosen up enough to permit Mr. Krenz to make serious efforts at reform , he will face a challenge just as fundamental
+3	But he will face a challenge just as fundamental	East Germany 's arthritic Politburo does loosen up enough to permit Mr. Krenz to make serious efforts at reform
+1	Of course East Germany , true to its tradition , could tighten its borders yet further	with world-wide opinion -- even , apparently in Moscow -- against East Germany , the country would have to turn itself into an Albania to clamp down further on refugees
+0	There have been some reports that Mr. Krenz is moving to `` soften '' his reputation , notably rumors that it was he who kept East Germany 's state police off protesters ' backs at the country 's dismal 40th anniversary celebrations earlier this month	even if he effects a Hyde-to-Jekyll transformation , he will face a serious ideological crisis and Reunification Scenario Two
+0	But he will face a serious ideological crisis and Reunification Scenario Two	he effects a Hyde-to-Jekyll transformation
+11	it can at least lean on its past	Poland moves to reform
+1	When Poland moves to reform , it can at least lean on its past : However flawed and short-lived Joseph Pilsudski 's interwar republic , it was a nonsocialist democracy.Czech reformers can recall the Wilsonian ideals of the same period in their country.Even the Soviet Union has Peter the Great to rediscover , should it choose to	East Germany is merely `` the land of truly existing socialism
+3	it will convert itself , willy-nilly , into an economic annex of the Federal Republic	it goes capitalist , and increases trade with West Germany
+6	Ideologues are the last to surrender	Germans are an ideological people
+6	Ideologues are the last to surrender , and Germans are an ideological people	Ideologues on the other side of the border can slow the process
+1	Helmut Kohl 's governing conservative coalition is proving admirably true to the West German constitution by making more than 500,000 people of German descent automatic citizens this year alone	within the government and in the think tanks outside it , many West Germans maintain that they do n't want immediate reunification
+1	Politically , this currently is wisdom -- particularly given a nervous neighboring France	it would be ironic if Germany 's reunification , just like its division , eventually were the result of actions in centers of power other than Bonn and Berlin
+3	But it would be ironic	Germany 's reunification , just like its division , eventually were the result of actions in centers of power other than Bonn and Berlin
+1	INSURERS ARE FACING billions of dollars in damage claims from the California quake	most businesses in the Bay area , including Silicon Valley , were n't greatly affected
+6	Computer and software companies in the region are expecting virtually no long-term disruption in shipments	investors quickly singled out stocks of companies expected to profit or suffer from the disaster
+1	A bill giving the Transportation Department the power to block airline leveraged buy-outs cleared a House panel	Secretary Skinner said he would urge Bush to veto the bill
+10	The buy-back , which was n't a complete surprise , was announced	the stock market had closed
+6	British Airways said it is seeking improved terms and a sharply lower price in any revised bid for United Air 's parent	The British carrier confirmed it is n't committed to going forward with any new bid
+11	Stock prices rose slightly	trading slowed
+1	Stock prices rose slightly as trading slowed	bonds ended little changed despite a slumping dollar
+0	Stock prices rose slightly	investors remain wary about stocks , partly because of turmoil in the junk-bond market
+1	News of the major earthquake in California Tuesday triggered a round of dollar sales in early Asian trade	the impact of the quake on financial markets to be short-lived
+1	he noted that `` its downside potential is surprisingly and -- for dollar bulls -- `` impressively '' limited	Mr. Woodland does n't predict a significant climb for the U.S. unit in light of recent moves in interest rates around the world
+9	that the earthquake has given the Fed an additional reason to keep liquidity at a high level	The Fed did execute $ 1.5 billion of liquidity-enhancing customer repurchase agreements , the third set of repurchase orders in three days
+9	that the dollar remains extremely vulnerable to the slightest bad news from the stock exchange	the U.S. unit edged lower as the Dow Jones Industrial Average dropped about 13 points in early trading
+2	Indeed , the U.S. unit edged lower	the Dow Jones Industrial Average dropped about 13 points in early trading
+10	A slight recovery in the stock market gave currency traders confidence to push the dollar higher	the unit dropped back by day 's end
+3	they could militate against easing by the Fed	the figures show a hefty rise in inflation
+1	Crude prices spurted upward in brisk trading on the assumption that heavy earthquake damage occurred to San Francisco area refinery complexes	the rise quickly fizzled when it became apparent that oil operations were n't severely curtailed
+10	but the rise quickly fizzled	it became apparent that oil operations were n't severely curtailed
+2	but the rise quickly fizzled	it became apparent that oil operations were n't severely curtailed
+2	For more than the past year , even the rumor of a major West Coast refinery shutdown has been enough to spark a futures rally	the gasoline market is so tight
+1	For more than the past year , even the rumor of a major West Coast refinery shutdown has been enough to spark a futures rally because the gasoline market is so tight	yesterday , as the morning wore on , some major West Coast refinery operators -- including Chevron Corp. , Exxon Corp. and the Shell Oil Co. unit of Royal Dutch/Shell Group -- said their refineries were n't damaged and were continuing to operate normally
+11	But yesterday some major West Coast refinery operators -- including Chevron Corp. , Exxon Corp. and the Shell Oil Co. unit of Royal Dutch/Shell Group -- said their refineries were n't damaged and were continuing to operate normally	the morning wore on
+6	they shut down their petroleum pipeline operations as a precaution but did n't see any immediate damage	Gasoline terminals were largely unhurt
+2	crude prices plunged	the news spread that the refineries were intact
+1	One is the panic , the earthquake in San Francisco , which is positive	once that factor was eliminated , traders took profits and focused on crude oil inventories
+10	But traders took profits and focused on crude oil inventories	that factor was eliminated
+10	the American Petroleum Institute had reported that crude stocks increased by 5.7 million barrels in the week ended Friday , which traders viewed as bearish	the market closed Tuesday
+0	But once that factor was eliminated , traders took profits and focused on crude oil inventories	some market players still think earthquake speculation could have more impact on the oil markets
+1	was there any structural damage to the pipelines or anything else	on the surface everything is all right
+10	which has n't been operating	it was declared bankrupt by the Mexican government in late August
+10	it will take about two to three months	the mine begins to produce copper in significant quantities
+1	that the Highland Valley mine strike in British Columbia is regarded as settled	there has n't been any official announcement as yet
+1	the Cananea return to operation may not be as near as some expect	the increasing likelihood that these two major supply disruptions will be resolved weighed on the market
+1	that the Japanese , as well as the Chinese , bought copper earlier in the week in London	that this purchasing has since slackened as the supply situation , at least over the long term , appears to have improved
+2	but that this purchasing has since slackened	the supply situation , at least over the long term , appears to have improved
+6	The focus for some time has been on the copper supply	good demand has been taken for granted
+2	it would be best for traders to switch their concentration to the demand side	the supply situation seems to be improving
+6	It 's known they need the sugar	the expectation that they will come in is apparently giving the market its principal support
+2	Feedlots fatten cattle for slaughter	a drop indicates that the production of beef will dip this winter
+9	Feedlots fatten cattle for slaughter , so a drop indicates that the production of beef will dip this winter	some analysts expect the government to report that the movement of young cattle onto feedlots in the month of September in seven big ranch states dropped 8 % compared with the level for September 1988
+6	The drug , which is still in the experimental phase , has n't been approved yet by the Food and Drug Admistration	its long-term effects are unknown
+1	The drug , which is still in the experimental phase , has n't been approved yet by the Food and Drug Admistration , and its long-term effects are unknown	the drug , called FK-506 , could revolutionize the transplantation field by reducing harmful side effects and by lowering rejection rates
+2	We 're shocked by it	it 's worked so fast
+6	they believe FK-506 is 100 times more effective than the traditional anti-rejection drug , cyclosporine , made by Swiss pharmaceutical giant Sandoz Ltd	They are encouraged by the relatively mild side effects of FK-506 , compared with cyclosporine , which can cause renal failure , morbidity , nausea and other problems
+6	that FK-506 would not be available in the market for at least a year	that the FDA approval process usually takes three years to five years
+11	the cost of the drug	it reaches the market
+1	Researchers could n't estimate the cost of the drug when it reaches the market	they said FK-506 will enable patients to cut hospital stays by 50 % and reduce the number of blood tests used to monitor the dosage of cyclosporine and other drugs among transplant recipients
+6	the research has been largely financed by the National Institute of Health and by university funds	that Fujisawa did n't give the hospital any grants
+6	We 've known for six months the effect of this drug	our advice to our people has been not to buy the company 's stock
+3	According to Mr. Laband , `` screaming '' for price controls occurs	income redistribution `` threatens to hit home
+6	According to Mr. Laband , `` screaming '' for price controls occurs when income redistribution `` threatens to hit home	in Mr. Laband 's rehash of free-market logic , human greed and self-interest are the only permissible psychological reactions
+9	when income redistribution `` threatens to hit home	Allowing uncontrolled prices for necessities would shorten the lines at stores
+0	Allowing uncontrolled prices for necessities would indeed shorten the lines at stores	not because resources are going to their most efficient use , leaving scarce goods `` allocated to those buyers who place the highest value on them . '' Rather , lines would diminish because at higher prices many victims could not afford necessities such as food and medical supplies
+2	Allowing uncontrolled prices for necessities would indeed shorten the lines at stores	But resources are going to their most efficient use , leaving scarce goods `` allocated to those buyers who place the highest value on them
+9	But not because resources are going to their most efficient use , leaving scarce goods `` allocated to those buyers who place the highest value on them	lines would diminish because at higher prices many victims could not afford necessities such as food and medical supplies
+2	Rather , lines would diminish	at higher prices many victims could not afford necessities such as food and medical supplies
+2	that a poor , unemployed woman can not receive immediate relief for her family at fair prices	she does not have as much to protect as a rich family
+6	It is inhumane to imply that a poor , unemployed woman can not receive immediate relief for her family at fair prices because she does not have as much to protect as a rich family	essential relief supplies such as ice must be distributed throughout the population because of potential health problems from spoiled food and possible outbreak of disease
+3	These latter-day scalawags would be ill-advised to take advantage of the situation	they ever expect to face the people of South Carolina again
+6	South Carolina deserves an A for its quick and timely relief efforts	Mr. Laband gets an A for his rote recital of economic-efficiency arguments
+11	South Carolina deserves an A for its quick and timely relief efforts	Mr. Laband gets an A for his rote recital of economic-efficiency arguments
+10	They set up absurd situations , detached from reality	and try to reason from them
+2	I 'm surprised he did n't advocate letting people loot	that behavior can also be foreseen in a disaster and `` every individual has an incentive to alter the distribution of income in his favor
+6	since that behavior can also be foreseen in a disaster	every individual has an incentive to alter the distribution of income in his favor
+2	Price controls were `` so fervently embraced by Charleston	price gouging in this situation is equivalent to looting
+11	we face	dealing with disasters such as Hugo
+2	he did n't mention certain other of their effects	he concentrated on the economic folly of such ordinances
+6	They divert law-enforcement resources at a time they are most needed for protecting lives and property	rather than increase supplies , they reduce them and encourage hoarding
+6	They divert law-enforcement resources at a time they are most needed for protecting lives and property.Also , rather than increase supplies , they reduce them and encourage hoarding	they , or even the prospect of them , discourage disaster preparedness in the form of speculative advance stocking of supplies by merchants
+2	Would Mr. Laband also suggest that the Red Cross , Salvation Army , military units , police , fire departments , rescue units and individual citizens cease their efforts to assist Hugo 's victims	they interfere with his concept of the `` free market
+6	Should they , too , stop `` messing with '' his free market	they should sell to the highest bidder
+6	What about those caring people all over the country who are donating food , water and other necessities of life to these people who could be any of us	what about insurance firms
+2	Mr. Laband should beware	he lives in South Carolina
+11	The businesses subscribing to Mr. Laband 's effective price system will be remembered	normalcy returns
+1	a revival of the Organic Theater 's production of `` Bleacher Bums , '' a play in nine innings set in the Wrigley Field bleachers , continues within spitting distance of the ballpark	the Cubs ' championship season ended with the National League playoffs
+6	a revival of the Organic Theater 's production of `` Bleacher Bums , '' a play in nine innings set in the Wrigley Field bleachers , continues within spitting distance of the ballpark	Revivals of a different sort are being offered by our two major theater troupes , the Goodman and Steppenwolf
+1	Each is more problematic than an unexpected divisional baseball championship	both help explain why Chicago remains a vital center of this country 's regional theater movement
+3	and even better seen in the theater	you ever have the opportunity
+1	The Wilbur translation is remarkable -- well worth a read and even better seen in the theater if you ever have the opportunity	if you happen to be coming to Chicago in the next few weeks , do n't fail to have a look at Robert Falls 's `` The Misanthrope '' at the Goodman
+3	But do n't fail to have a look at Robert Falls 's `` The Misanthrope '' at the Goodman	you happen to be coming to Chicago in the next few weeks
+1	Mr. Falls 's production is a mirror in which we see ourselves	Mr. Wilbur 's translation is a finely ground lens through which we see the pettiness and corruption of 17th-century Paris
+3	this version , with its references to Steven Spielberg , Spago and `` thirtysomething '' attracts younger audiences	Messrs.Bartlett and Falls are justified in abandoning Mr. Wilbur
+11	actors and directors were reverential	The Homecoming '' was first produced on this side of the Atlantic
+6	Nobody smiled onstage	nobody in the audience was encouraged to laugh
+6	This kind of theater was new to us	it was not a funny time over here , what with the Vietnam War , the '68 Democratic convention , assassinations and riots
+1	When `` The Homecoming '' was first produced on this side of the Atlantic , actors and directors were reverential	under Jerry Perry 's direction the current Steppenwolf production breaks through the flat and boring ritual that `` The Homecoming '' had become
+10	the audience gets the joke and begins to laugh	the end of the first act
+1	now none of the other male residents of this misbegotten household can challenge Max	it 's clearly Max 's wife who held sway here until her death
+11	Bruce Sagan , the president of its board of directors , quietly returned to Chicago to buy a piece of real estate in the city 's rapidly reviving North Halsted Street restaurant and theater district	Steppenwolf was in London with `` The Grapes of Wrath
+3	Willie Loman would have to live in a ranch house because of the low ceiling	we wanted to stage ` Death of a Salesman
+6	His board members alone have pledged $ 800,000	he is just beginning to massage local foundations and corporations
+1	Mr. Sagan compares the importance of Steppenwolf with Orson Welles 's Mercury Theater in the '30s	Welles 's theater company turned out to have a brief -- one might say a mercurial -- existence
+3	What will Mr. Sagan do with his new theater building	the allure of Hollywood and Broadway proves too much for such Steppenwolf stalwarts as John Malkovich ( `` Dangerous Liaisons '' ) , Joan Allen ( `` The Heidi Chronicles '' ) , and Glenne Headly ( `` Lonesome Dove '' ) , and the company crumbles
+10	the beleaguered Nasdaq over-the-counter market finally rebounded , rising sharply in hearty trading	enduring three days of heavy selling
+1	Among bigger stocks , the Nasdaq 100 Index rose 1 % , or 4.56 , to 453.05	the Dow Jones Industrial Average was up 0.2 %
+1	the OTC market tumbled	the industrial average rallied on Monday following last Friday 's collapse
+2	shares of a number of companies that might either profit or face problems because of the disaster were actively traded	investors speculated about the long- and short-term implications
+2	Insurance-related stocks were mixed	investors tried to figure out how to assess the impact of the property damage and deaths on those concerns
+10	to sell early	to begin buying them aggressively
+3	to begin buying them aggressively	the stocks fell sharply
+6	that the companies that insure against property damage and accidents will have to raise rates eventually to compensate for the claims they will pay to earthquake victims and victims of last month 's Hurricane Hugo	reinsurers and insurance brokerage companies will have improved profits
+0	Many investors expected damage from the hurricane to be the catalyst for higher rates in the industry	the hurricane damage was n't extensive enough to prompt premium boosts
+6	Now , they 'll have to increase their coffers to protect for the future	that means rate increases
+9	Safeco fell 1/8 to 32 5/8 on 462,900 shares.Ohio Casualty rose 1/4 to 51 3/4 on 137,200 shares.St . Paul Cos. jumped 2 to 59 3/4 on 517,500 shares.Academy Insurance fell 1/32 to 1 3/16 ; but volume totaled 1.2 million shares.The Nasdaq Insurance Index jumped 4.15 to 529.32 on the day , while the barometer of big insurance and banking issues climbed 1.72 to 455.29	OTC insurance issues were mixed
+1	Academy Insurance fell 1/32 to 1 3/16	volume totaled 1.2 million shares
+1	The Nasdaq Insurance Index jumped 4.15 to 529.32 on the day	the barometer of big insurance and banking issues climbed 1.72 to 455.29
+0	Traders were initially nervous about shares of companies , including many leading OTC computer companies , such as Apple Computer with offices in the vicinity of the area damaged by the quake	most of those stocks fared well
+6	Ashton-Tate rose 3/8 to 10 3/8	Intel added 3/8 to 33 7/8
+1	Apple Computer gained 1 to 48 1/4 ; Ashton-Tate rose 3/8 to 10 3/8 Intel also added 3/8 to 33 7/8	Sun Microsystems slipped 1/4 to 17 1/4
+6	But most of those stocks fared well	Shares of biotechnology companies in the area were higher
+6	Chiron was up 1/2 to 27	Cetus gained 1/2 to 16 3/8
+6	Microsoft advanced 1 7/8 to 80 1/2	Lotus Development added 1 1/4 to 32 1/2
+6	In other earthquake-related news , Hambrecht & Quist 's OTC market makers were excused from trading yesterday	its positions were frozen for the day by the National Association of Securities Dealers
+10	In other trading , Medco Containment Services gained 7/8 to 15 on 1.9 million shares	reporting a loss for the first quarter , which ended Sept. 30
+10	Ciba-Geigy Ltd. and Chiron Corp. said they extended their offer for Connaught BioSciences Inc. , valued at 866 million Canadian dollars ( US $ 736 million ) to Oct. 27	The companies said they did n't want to raise their offer to match a rival bid by Institut Merieux S.A. of C $ 37 a share , or C $ 942 million
+1	they did n't want to raise their offer to match a rival bid by Institut Merieux S.A. of C $ 37 a share , or C $ 942 million	the C $ 30-a-share bid , which was due to expire Monday , may still be extended or varied
+1	which was due to expire Monday	the C $ 30-a-share bid may be extended or varied
+10	I called Sen. Bill Bradley of New Jersey , advised him that the Dow Jones Industrial Average had declined by 190 points late that afternoon , and cheerfully informed him that he and his fellow Democrats were to blame	the stock market closed Friday
+10	which had seemed in the bag	it passed the House overwhelmingly earlier in the month
+1	Sen. Bradley has it in his mind that such a tax cut would unravel the tax reform he helped engineer in 1986	he knows that as many as 20 of his fellow Democrats are disposed to vote for the cut , popular among their constituents
+2	But he knows that as many as 20 of his fellow Democrats are disposed to vote for the cut , popular among their constituents	he took the lead in arguing that the cut should be blocked on procedural grounds
+6	The budget reconciliation had to be dealt with by the Oct. 15 deadline	these Senate Democrats refused to agree to allow a vote to append capital gains to the budget bill , knowing it would pass
+5	It could throw in the towel and hope to win on capital gains late this month	it could follow the White House strategy , to veto reconciliation unless capital gains was appended
+5	to veto reconciliation	capital gains was appended
+5	that the White House would not agree to a budget reconciliation bill	it had firm assurances that a vote on substance would be permitted in the Senate
+0	He left a message accusing Mr. Darman of selling out	It was the Senate Republicans who had edged away from the veto strategy
+2	crumbling	it absorbed the news that Mr. Darman 's strategy had been abandoned
+3	would n't the value fall to the owners of the assets	the tax on any gain to those assets was doubled
+3	that the asset you own would be worth more	the government suddenly announced that if you sold it , you would be able to keep 30 % more of its gain than you previously believed
+3	that you would be able to keep 30 % more of its gain than you previously believed	you sold it
+6	Is n't it reasonable to assume that the asset you own would be worth more if the government suddenly announced that if you sold it , you would be able to keep 30 % more of its gain than you previously believed	the stock market 's steady advance this year tracked with President Bush 's success in advancing his capital-gains proposal
+10	he was generally ignored and mildly ridiculed	Richard Rahn advised the financial press that the market crash was caused by the setback to capital gains
+5	that the market crash was caused by the setback to capital gains	that a snag in the takeover financing of United Airlines instantly knocked 7 % off the value of the nation 's capital stock and caused convulsions around the world
+1	Mr. Rahn was pointing out an elephant rumbling through Wall Street	conventional wisdom had fastened on the UAL flea
+0	who sympathize with the view that a capital-gains tax cut benefits the rich	they somehow think that Wall Street is indifferent to losing the tax cut
+10	It would inevitably lead to an increase in marginal income-tax rates in 1990	the White House is forced to ask for higher taxes to meet budget targets
+6	That is , with capital gains cut , the glue of the 1986 accord will be gone	political realities will push up income-tax rates
+3	that the revenue gap will open up tremendously in 1990 because of the weakened economy	he and his fellow Democrats are successful in killing the president 's proposal
+3	though , it would pass , Christmas retail sales would be strong instead of burdened by a falling stock market , the 1990 economy would be robust , and the revenue gains at every level of government , including New Jersey 's , would be surprisingly high	Sen. Bradley would permit a vote on capital gains
+1	In this atmosphere , there would be no serious consideration of tax increases	If Sen. Bradley would permit a vote on capital gains it would pass , Christmas retail sales would be strong instead of burdened by a falling stock market , the 1990 economy would be robust , and the revenue gains at every level of government , including New Jersey 's , would be surprisingly high
+6	it would pass , Christmas retail sales would be strong instead of burdened by a falling stock market , the 1990 economy would be robust	the revenue gains at every level of government , including New Jersey 's , would be surprisingly high
+6	Two other defendants previously pleaded guilty	charges against the third were dropped
+5	The percent difference compares actual profit with the 30-day estimate where at least three analysts have issues forecasts in the past 30 days	actual profit is compared with the 300-day estimate
+6	Proceeds from the bonds , with coupon rates in the 8 % range , will be used to replace bonds with an average interest rate of 13.1 %	The $ 4 billion bond issue will help the TVA meet its goal of not raising rates for another year
+1	The bond issue is TVA 's first public offering since the Financing Bank was created in 1974 , primarily to finance the TVA	the offering almost did n't happen
+9	But the offering almost did n't happen	The TVA decided to proceed with the bond offering following an agreement last week with the Financing Bank , which allows TVA to keep borrowing short term from the bank for two years after it goes to the public market
+10	TVA to keep borrowing short term from the bank for two years	it goes to the public market
+2	Why did he add the Value Fund to the list	he 's very bullish on the emerging growth stocks that make up the fund 's portfolio
+6	Emerging growth stocks have n't been popular in America for years , they 've been neglected	their prices often trail the market as a whole
+0	Mr. Templeton 's 147,300-share purchase in the closed-end fund came before the U.S. stock market 's plunge last Friday	but proved slightly profitable
+6	but still proved slightly profitable	Mr. Templeton received a dividend of 22 cents a share Oct. 5
+10	Mr. Sherry declined to comment	asked about the sales
+1	James A. Toney , a vice president , sold 1,500 shares Aug. 28	He has 1,143 shares , according to SEC files
+6	Mr. Sherry declined to comment when asked about the sales	Mr. Toney declined to comment
+6	who bought 4,400 shares for $ 125,075	who is president of Taft Broadcasting Co
+2	he bought the shares	he keeps a utility account at the brokerage firm of Salomon Brothers Inc. , which had recommended the stock as a good buy
+6	Cincinnati Gas & Electric is in good shape	utilities are `` a good investment because interest rates are going down
+2	and utilities are `` a good investment	interest rates are going down
+10	Glenn and Sharon Beebe of Cincinnati had sued the com- pany in 1981	installing Burlington carpets in their office
+6	that toxic fumes from the carpets made them sick.As a result of their illness they lost $ 1.8 million in wages and earnings	that months of exposure to the chemicals has left them sensitive to a wide range of commonly used substances
+2	The case had been closely watched	attorneys anticipate increasing litigation nationally over the so-called sick-building syndrome
+3	that buildings become `` sick	inadequate fresh air and poor ventilation systems lead pollutants to build up inside
+1	that ill effects from new carpets manifest themselves immediately	that the Beebes ' symptoms appeared months later
+6	Scientists are only beginning to understand what causes sick-building syndrome	much of that research was unavailable when the Beebes filed the case
+11	and much of that research was unavailable	the Beebes filed the case
+1	The Beebes now believe that a prime culprit for their injuries was fumes from an adhesive used in the carpeting	the Beebes did n't come to that conclusion until time limits had elapsed for adding the adhesives maker as a defendant in the case
+3	But the Beebes did n't come to that conclusion	time limits had elapsed for adding the adhesives maker as a defendant in the case
+1	State officials said the court 's ruling clears the way for proceedings to condemn buildings in the area	developers of four planned office towers cautioned that obstacles still remain
+11	they would not proceed with condemnation proceedings	there was `` significant litigation '' pending
+10	the development team will have to review two additional lawsuits	putting up a $ 155 million letter of credit to cover condemnation costs
+6	the development team will have to review two additional lawsuits before putting up a $ 155 million letter of credit to cover condemnation costs	the partnership is waiting to see whether the appellate division 's ruling will be appealed
+1	ruling that the attack had been a political act	Judge Weinstein wrote in his opinion late last month that terrorism and acts of war against civilians can not be defined as political acts
+6	However , Judge Weinstein wrote in his opinion late last month that terrorism and acts of war against civilians can not be defined as political acts	Judge Weinstein ruled that judges must consider prior to extradition whether the defendant will be treated fairly in a foreign court
+1	THE YOM KIPPUR WAR , WHEN EGYPT CRASHED into Israel on Oct. 6 , 1973 , the holiest day in the Jewish calendar , lasted barely a month	one far-afield effect is still with us
+0	Texas simply pumped harder	U.S. oil supplies had peaked in 1970 and 1971 and by 1973 were declining
+1	U.S. oil supplies , however , had peaked in 1970 and 1971 and by 1973 were declining.Imports , then six million barrels a day , came primarily from Venezuela and Canada	Middle East supplies were growing in importance
+10	no one can tell its source	oil is shipped
+1	The U.S. did manage to supply the Dutch with oil by relabeling supplies	car-happy Americans panicked , and so did the U.S. and other oil-consuming governments
+6	But car-happy Americans panicked	so did the U.S. and other oil-consuming governments
+1	Shortage '' and `` crisis '' became buzz words	neither really applied
+1	The spot dislocations that showed up were largely the result of confusion ( much of it in Washington	that was cold comfort for drivers waiting in mile-long lines at the gas pumps
+1	The embargo lasted only six months	the price hikes became a fact of life
+1	Times may be tough on Wall Street for some	a few bosses are making as much as ever -- or more
+7	but a few bosses are making as much as ever -- or more	At Bear Stearns Cos. the 15 executive officers led by Chairman Alan `` Ace '' Greenberg got a pay increase to $ 35.9 million for the 14-month period ended June 30 from $ 22.9 million for the 12 months ended April 30 , 1988
+2	Bear Stearns 's yearly filings are available much earlier than those of other firms	it operates on a fiscal year
+2	The latest period includes 14 months instead of 12	Bear Stearns changed to a fiscal year ending in June instead of April
+1	At Bear Stearns Cos. , for example , the 15 executive officers led by Chairman Alan `` Ace '' Greenberg got a pay increase to $ 35.9 million for the 14-month period ended June 30 from $ 22.9 million for the 12 months ended April 30 , 1988	Bear Stearns 's 650 stock and bond salesmen saw thinner paychecks over the past year
+1	which the company says reflected lower commission revenue caused by a decline in investor activity in the markets	Bear Stearns on Monday reported improved earnings for its first quarter partly because of a 31 % increase in commissions during the quarter
+6	All of us are on a base salary of $ 200,000 if the firm makes nothing	that 's pretty low as far as Wall Street goes
+1	All of us are on a base salary of $ 200,000 if the firm makes nothing -- and that 's pretty low as far as Wall Street goes	Bear Stearns has never had an unprofitable year since its founding 65 years ago
+6	According to the proxy statement , James E. Cayne , 55 , Bear Stearns 's president , made $ 3.9 million ; an executive vice president , Michael L. Tarnopol , 53 , made nearly $ 3.4 million	two executive vice presidents , Vincent J. Mattone , 44 , and William J. Michaelcheck , 42 , made about $ 3.3 million each
+4	does n't mean the executive committee should be paid less	a particular element of the firm is down , '' such as stockbrokerage
+1	his move to the chairmanship means he will take a less active role in the day-to-day management of the group	that the merchant bank 's strategic focus remains unchanged
+10	Mr. Craven joined Morgan Grenfell as group chief executive in May 1987	the resignations of former Chief Executive Christopher Reeves and other top officials because of the merchant bank 's role in Guinness PLC 's controversial takeover of Distiller 's Co. in 1986
+6	Morgan Grenfell Group PLC said John Craven , group chief executive officer , is taking over the chairmanship of the merchant banking group from Sir Peter Carey , who is retiring	The merchant bank announced that finance director David Eward is taking early retirement for personal reasons
+10	News of Mr. Eward 's retirement comes	Morgan said that Christopher Whittington resigned as chairman of Morgan 's banking subsidiary to join a financial services firm
+1	both Messrs.Eward and Whittington had planned to leave the bank earlier	Mr. Craven had persuaded them to remain until the bank was in a healthy position
+10	to remain	the bank was in a healthy position
+3	it 's that they are leaving at a time when the business is in reasonably good shape and going forward very well	there 's any coincidence about the departures
+6	The bonds have received a rating of double-A-1 from Moody 's	a double-A-plus rating is expected from S & P
+6	Par Pharmaceutical Inc. said it named its interim president and chief executive officer , Kenneth I. Sawyer , to those posts permanently , and elected him to the board	Par said it was advised by the U.S. attorney for Maryland that it is one of a number of companies being investigated by a federal grand jury for alleged violations of the federal Food , Drug and Cosmetic Act
+6	he understood the criminal investigation in Maryland relates to matters Par disclosed in July	he understood that the inquiry related to the existence of an `` off-the-record '' production book
+6	that it is one of a number of companies being investigated by a federal grand jury for alleged violations of the federal Food , Drug and Cosmetic Act	yesterday , Ashok Patel , a former Par official who pleaded guilty to providing an FDA employee an illegal gratuity of $ 3,000 , was sentenced by a federal judge in Baltimore to one year of community service and a $ 150,000 fine
+6	Also yesterday , Ashok Patel , a former Par official who pleaded guilty to providing an FDA employee an illegal gratuity of $ 3,000 , was sentenced by a federal judge in Baltimore to one year of community service and a $ 150,000 fine	Mr. Patel was placed on three years ' probation
+6	That 's essentially what budget director Richard Darman is suggesting	we think he deserves as much support as he can get
+4	let the computers do it	human beings ca n't cut federal spending honestly
+6	If human beings ca n't cut federal spending honestly	they ca n't
+9	Congress , with a measure of White House complicity , has been manipulating the spending accounts for years under the cover of omnibus appropriations bills	without earlier manipulations , the current sequester of $ 16 billion would have been even larger
+7	We suspect voters are fed up with the finagling	that even yesterday 's widely publicized sequester is likely to be traduced if business as usual is allowed to prevail
+3	that even yesterday 's widely publicized sequester is likely to be traduced	business as usual is allowed to prevail
+1	Under the law , Gramm-Rudman 's across-the-board-cuts in federal programs are supposed to be permanent	Lawmakers have been saying for weeks that they plan to roll back the cuts as soon as they agree to a compromise on a deficit-cutting bill
+11	that they plan to roll back the cuts	they agree to a compromise on a deficit-cutting bill
+3	Mr. Bush would be acting in the public interest	he let the Washington elites who manipulate these budgets -- the bureaucrats , the lobbyists , the congressional staffers -- live for just one year on a restricted diet
+3	Americans will be engulfed in a red sea of new spending programs , such as federalized child care	Washington 's elites ever succeed in bursting the tax dam
+1	Child care was one of the many `` extraneous '' bills pulled out of the Senate 's reconciliation bill last Friday.Others were the capital-gains cut , Section 89 repeal , the disabled workers bill , and the unprecedented reconsideration of the catastrophic health act	All this stuff is in the House 's 1,878-page reconciliation bill
+6	All this stuff still is in the House 's 1,878-page reconciliation bill	many Members say they 're reluctant to pull out cherished bills , just to see them die
+5	that the bridges got build , roads paved , soldiers paid	that the desperately poor were cared for
+6	Those days are gone	that a metropolitan Washington that has gotten fat and rich and lazy in the shadow of the federal colossus will change much on its own initiative
+6	Save the sequester	let Washington scream
+0	Japanese investors , reassured by Monday 's strong rally on Wall Street , erased most of that day 's losses on the Tokyo Stock Exchange	the rebound did n't remove the cautious mood from the market
+10	In London , stocks closed lower in volatile trading	an opening rally was obliterated by worse-than-expected U.S. trade figures
+2	In London , stocks closed lower in volatile trading	an opening rally was obliterated by worse-than-expected U.S. trade figures
+1	Paris shares had a similar reaction	most other European bourses posted gains , as did all major Asian and Pacific stock markets
+10	Foreign investors reportedly started off selling	but joined in the buying
+0	Nothing has changed fundamentally in the Tokyo market	there are still a few concerns on the horizon
+0	there are still a few concerns on the horizon	Tokyo appears unharmed by recent market volatility
+7	there are still a few concerns on the horizon	whether Monday 's 88.12-point rally holds up as fresh U.S. economic data are released
+2	whether Monday 's 88.12-point rally holds up	fresh U.S. economic data are released
+6	that many Tokyo investors now feel safer with domestically oriented stocks	They are concerned about the persistent strength of the dollar against the yen
+2	They also are concerned about the persistent strength of the dollar against the yen	a weaker yen leads to higher import prices in Japan and adds to domestic inflationary pressures
+6	They also are concerned about the persistent strength of the dollar against the yen , as a weaker yen leads to higher import prices in Japan and adds to domestic inflationary pressures	Currency concerns weigh heavily on interest rate-sensitive stocks such as banking and other financial issues because of fears that Japanese interest rates might have to rise to keep the dollar in check
+6	Among steel shares , NKK rose 19 to 705 yen ( $ 4.97 ) a share	Nippon Steel gained 17 to 735
+6	In the real estate sector , Mitsui Real Estate Development was up 100 at 2,760	Mitsubishi Estate gained 80 to 2,360
+1	Prices opened strongly on the basis of Monday 's Wall Street rally and yesterday 's gains in Tokyo	the advance faltered as index-options traders and investors jittery about the U.K. economic outlook took over
+2	But the advance faltered	index-options traders and investors jittery about the U.K. economic outlook took over
+3	you wish you had n't	you bought
+6	If you bought , you wish you had n't	if you sold , you wish you had n't
+3	and you wish you had n't	you sold
+6	the current market `` is all about sentiment	the sentiment in London is 90 % anxiety and worry
+10	London showed signs of calming in midafternoon	Wall Street avoided sharp losses despite the trade report
+1	London showed signs of calming in midafternoon after Wall Street avoided sharp losses despite the trade report	a wave of futures-related selling later in the session sent buyers back to the sidelines
+1	but a wave of futures-related selling later in the session sent buyers back to the sidelines	some sectors found buying interest after being actively sold in recent weeks
+10	Still , some sectors found buying interest	being actively sold in recent weeks
+6	Hambros rose 5 to 204	Schroders rose 25 to # 12.75
+10	Jaguar shares jumped 23	easing to close at 654 , up 6
+1	Brewery stocks were firm to higher on talk of early bargain-hunting	most ended below their peaks
+6	Bass ended up 3 higher at 966 , Guinness closed at 589 , down 7	Scottish & Newcastle dropped 11 to 359
+1	Bass ended up 3 higher at 966 , Guinness closed at 589 , down 7 , and Scottish & Newcastle dropped 11 to 359	Whitbread Class A shares rose 17 to 363
+6	British Gas finished at 197 , down 2 , on 13 million shares , British Petroleum fell 8 to 291 on 9.4 million shares	British Telecom was 4 lower at 261 on turnover of 10 million shares
+6	The most active shares were major blue-chips , particularly oils and utilities such as British Gas and British Telecommunications	in active trading , British Steel fell 1 to 124 as 20 million shares changed hands
+2	Also in active trading , British Steel fell 1 to 124	20 million shares changed hands
+6	Paris closed lower	most Brussels shares were unable to trade for a second consecutive day because of technical problems
+1	After all , they wo n't soon forget the stock bargains that became available after the October 1987 crash	while they want to be on the alert for similar buying opportunities now , they 're afraid of being hammered by another terrifying plunge
+1	But they 're afraid of being hammered by another terrifying plunge	they want to be on the alert for similar buying opportunities now
+11	by purchasing a stock	and buying a put option on that stock
+2	the investor is protected against a sudden drop in the stock 's price	a put option gives its owner the right , but not the obligation , to sell a fixed number of shares of the stock at a stated price on or before the option 's expiration date
+0	Because a put option gives its owner the right , but not the obligation , to sell a fixed number of shares of the stock at a stated price on or before the option 's expiration date , the investor is protected against a sudden drop in the stock 's price	most investment advisers do n't recommend using married puts all the time
+2	That 's	the cost of buying put options eats into an investor 's profit when stock prices rise
+3	because the cost of buying put options eats into an investor 's profit	stock prices rise
+11	you only buy	the nearby woods are on fire
+1	You always want your house insured	you do n't always feel the need for your investments to be insured
+3	the put will probably expire worthless	the stock goes up in price between now and the put 's expiration date
+6	The investor will be out the cost of the put , which is called the `` premium	this loss will reduce the stock-market profit
+3	the investor 's loss will be limited to the cost of the put , less any amount realized from a closing sale of the put	the stock stays at the same price between now and the put 's expiration date
+3	the put will increase in value	the price of the stock declines
+3	the gain will match the loss on the stock dollar for dollar	the stock price is less than the exercise price , or `` strike price , '' of the put
+3	the investor simply sells the stock at a loss and simultaneously sells the put at a profit	a stock falls below the put 's strike price
+11	the investor simply sells the stock at a loss	and sells the put at a profit
+5	When a stock falls below the put 's strike price , the investor simply sells the stock at a loss and simultaneously sells the put at a profit	the investor can exercise the put , by tendering the stock to his or her broker in return for payment from another investor who has sold a put on the same stock
+7	an investor should know that the cost of the option insurance can be partially offset by any dividends that the stock pays	Tenneco Inc. pays a quarterly dividend of 76 cents , which would be received before the February option expires and , thus , reduce the cost of using the technique by that amount
+10	which would be received	the February option expires
+2	which would be received before the February option expires	and reduce the cost of using the technique by that amount
+1	There are more than 650 stocks on which options may be bought and sold , including some over-the-counter stocks	some investors might prefer a simpler strategy then hedging their individual holdings
+7	They can do this by purchasing `` index puts , '' which are simply put options on indexes that match broad baskets of stocks	the most popular index option is the S & P 100 option , commonly called the OEX
+6	Unlike options on individual issues , index options are settled only in cash	no stock is ever tendered
+1	Unlike options on individual issues , index options are settled only in cash , and no stock is ever tendered	while index options are convenient , they have several disadvantages
+1	But they have several disadvantages	index options are convenient
+2	For one thing , an investor 's portfolio might not closely match the S & P 100	the OEX insurance may or may not fully protect an investor 's holdings in the event of a market decline
+6	For one thing , an investor 's portfolio might not closely match the S & P 100.As a result , the OEX insurance may or may not fully protect an investor 's holdings in the event of a market decline	OEX options were suspended from trading last Friday afternoon , after the stock-market sell-off got under way and trading in the S & P-500 futures contract was halted.So an investor who wanted to realize a profit on OEX puts after the trading suspension would have been out of luck
+10	In addition , OEX options were suspended from trading last Friday afternoon	the stock-market sell-off got under way and trading in the S & P-500 futures contract was halted
+6	after the stock-market sell-off got under way	trading in the S & P-500 futures contract was halted
+2	In addition , OEX options were suspended from trading last Friday afternoon	an investor who wanted to realize a profit on OEX puts after the trading suspension would have been out of luck
+10	who wanted to realize a profit on OEX puts	the trading suspension
+1	In addition , OEX options were suspended from trading last Friday afternoon	only a handful of individual issues were suspended from trading on Friday
+3	Normally the options on those investments also do n't trade	the underlying investment is suspended from trading
+6	Normally , once the underlying investment is suspended from trading	the options on those investments do n't trade
+1	Ultimately , whether the insurance provided by purchasing puts is worthwhile depends on the cost of the options.That cost rises in times of high market volatility	it still might be cheaper than taking a major hit
+2	That 's	it reduces the cost of the stock by the amount of premium received from the sale of the call
+1	Selling a call option gives an investor a small buffer against a stock-market decline	if the price of the stock rises above the strike price of the option , the stock is almost certain to be called away.And in that case , the investor misses out on any major upside gain
+3	But the stock is almost certain to be called away	the price of the stock rises above the strike price of the option
+6	But if the price of the stock rises above the strike price of the option , the stock is almost certain to be called away	in that case , the investor misses out on any major upside gain
+2	Hopes for quick enactment of pending deficit-reduction legislation faded	efforts to streamline the House version in advance of a House-Senate conference broke down
+10	by getting an agreement from House committee chairmen under which they would drop items that would n't reduce the fiscal 1990 budget deficit from the House-passed bill	the negotiations with the Senate began
+0	House leaders had hoped to follow the Senate 's lead by getting an agreement from House committee chairmen under which they would drop items that would n't reduce the fiscal 1990 budget deficit from the House-passed bill before the negotiations with the Senate began	the effort became snagged on the question of what would become of other issues , ranging from cutting the capital-gains tax to child care to repeal of catastrophic-illness insurance
+3	it is conditioned on their desire to see them passed in another form	there is any support for reducing the bill
+5	he would continue to press to keep the capital-gains provision in the final version of the bill	the House drops many of its costly provisions
+0	Senate leaders had hoped to be able to send a compromise version of the measure to President Bush by the end of the week	Speaker Foley said that was n't likely
+10	The bill must be enacted	the cuts can be restored
+6	Under a proposed two-step amalgamation involving share swaps , ABM Gold Corp. , a gold exploration and management company , will merge with Neptune Resources Corp. , United Gold Corp. and Inca Resources Inc	ABM will increase its stake in Sonora Gold Corp. to 42 % from 26 %
+1	Exports fell for the second month in a row	imports rose to a record
+10	we 've had	the dollar troughed out in 1987
+1	Like most analysts , Mr. Dennis was hesitant to read too much into one month 's numbers	he said , `` It indicates perhaps that the balance in the U.S. economy is not as good as we 've been led to believe
+10	The Dow Jones Industrial Average tumbled more than 60 points	the report 's release
+2	The Dow Jones Industrial Average tumbled more than 60 points	the report 's release
+10	The Dow Jones Industrial Average tumbled more than 60 points after the report 's release	recovering to close 18.65 points lower at 2638.73
+1	The trade report drew yet another unsettling parallel to October 1987	In 1987 the news was the latest in a string of disappointments on trade
+1	In 1987 , however , the news was the latest in a string of disappointments on trade	the current report comes after a period of improvement
+6	Commerce Secretary Robert Mosbacher called the worsening trade figures `` disappointing after two very good months	White House spokesman Marlin Fitzwater said the deficit was `` an unwelcome increase , '' adding that `` we 're hopeful that it simply is a one-month situation and will turn around
+1	The bleak trade report was played down by the Bush administration	the figures reinforced the view of many private analysts that the improvement in the U.S. trade deficit has run out of steam
+1	that the improvement in the U.S. trade deficit has essentially stalled out at a level of about a $ 110 billion annual rate	That 's an improvement over last year
+0	That 's still an improvement over last year	it leads one to conclude that basically we 've gotten all the mileage we can out of past dollar depreciation and past marginal cuts in the federal budget deficit
+1	Exports declined for the second consecutive month in August , slipping 0.2 % to $ 30.41 billion	Imports leaped 6.4 % to a record $ 41.18 billion
+1	Not only was August 's deficit far worse than July 's	the government revised the July figure substantially from the $ 7.58 billion deficit it had initially reported last month
+10	that deep cuts in the U.S. budget deficit are needed	further trade improvement can occur
+2	That 's	the budget deficit feeds an enormous appetite in this country for both foreign goods and foreign capital , overwhelming the nation 's capacity to export
+1	People are sick and tired of hearing about these deficits	the imbalances are still there and they are still a problem
+6	but the imbalances are still there	they are still a problem
+6	That 's because the budget deficit feeds an enormous appetite in this country for both foreign goods and foreign capital , overwhelming the nation 's capacity to export	the rise in the value of the dollar against foreign currencies over the past several months has increased the price of U.S. products in overseas markets and hurt the country 's competitiveness
+1	Most economists expect the slowing U.S. economy to curb demand for imports	they foresee little substantial progress in exports unless the dollar and the federal budget deficit come down
+5	But they foresee little substantial progress in exports	the dollar and the federal budget deficit come down
+3	by lowering the entry-level price for a Next machine by $ 1,500 , or 23 %	the buyer chooses a hard-disk drive as an alternative to Next 's optical-storage device
+6	by lowering the entry-level price for a Next machine by $ 1,500 , or 23 % , if the buyer chooses a hard-disk drive as an alternative to Next 's optical-storage device	The hard drive now will supplement Next 's futuristic optical device if buyers pay full price
+3	The hard drive also now will supplement Next 's futuristic optical device	buyers pay full price
+1	His Next computer , introduced about a year ago and aimed primarily at university computer users , sports snazzy graphics , digital sound , built-in networking and a sleek black design	the computer was proving a hard sell because of its high price , a lack of software and an optical data-storage device that was too slow
+1	The closely held company has n't disclosed sales	most universities that have bought the machines say they are buying small numbers for evaluation purposes
+1	A computer with the optical device will still cost $ 6,495	from now on Next will outfit every computer with a hard drive and supply one at no cost to those who have already bought Next machines
+1	Optical-storage devices can handle very large amounts of data and make it far easier to edit film clips or audio recordings with a computer	the technology , while reliable , is far slower than the widely used hard drives
+1	But the technology is far slower than the widely used hard drives	reliable
+1	that the next generation of optical drives will be as fast as hard drives	he depends on outside suppliers for the devices
+1	Next 's decision to rely on the more-established hard drive in every Next computer does n't signal a retreat from optical storage , said Mr. Jobs , who for years has said this technology will play a crucial role in the next decade	university computer specialists , who welcomed the move , called it a necessary retreat from the cutting edge of technology and one that 's likely to increase Next 's sales on campuses
+1	From the standpoint of being on the forefront of technology , this is a step backward	it will definitely boost Next 's sales
+1	But it will definitely boost Next 's sales	Next 's prices must go even lower before large numbers of students purchase the machine
+10	Next 's prices must go even lower	large numbers of students purchase the machine
+6	Next 's prices must go even lower before large numbers of students purchase the machine	Broad acceptance of Next 's computer is hindered by difficulty in distributing software for it
+0	Most software is distributed on cheap floppy disks	the Next computer does n't come with a device that reads them
+6	Most software is distributed on cheap floppy disks , but the Next computer does n't come with a device that reads them	Next 's computer needs more software applications
+1	Next 's computer also needs more software applications	he expects more soon
+1	The red ink came as no surprise to Wall Street	they saw ominous hints of a further delay in volume shipments of Version 1.1 , a harbinger of continued losses in the fourth quarter
+6	The success of a new product in the database line is needed	while the company has n't made a definite statement , it now looks like that 's not going to be anytime soon
+1	And it now looks like that 's not going to be anytime soon	the company has n't made a definite statement
+5	the fourth-quarter loss is likely to be `` comparable to the third quarter 's	the company can start shipments of the new product sometime this quarter
+3	it could stem some , if not all of the red ink	the company can start to ship during this quarter
+1	In a management restructuring , Thomas L. Ringer resigned as chairman , chief executive and a director	Israel Sheinberg resigned as a director
+6	In a management restructuring , Thomas L. Ringer resigned as chairman , chief executive and a director , while Israel Sheinberg resigned as a director.Mr . Sheinberg remains as executive vice president.Thomas M. Hurley and Robert A. Vanourek , who had been designated to take over Recognition 's top spots had Prospect 's tender offer succeeded , were named co-chief executives and directors	the agreement calls for Gilbert H. Lamphere , chairman of Prospect Group 's executive committee , to be named chairman of a restructured board that will include four new independent directors
+6	In addition , the agreement calls for Gilbert H. Lamphere , chairman of Prospect Group 's executive committee , to be named chairman of a restructured board that will include four new independent directors	named to the revised board was Thomas A . Loose , Recognition 's senior vice president and general counsel
+6	As part of what a Recognition spokeswoman termed an `` amiable agreement , '' Prospect Group will wind up with control of top management posts and an increased stake in the maker of data management equipment	Prospect , a New York-based leveraged buy-out firm agreed to invest $ 15 million in Recognition
+10	Prospect , a New York-based leveraged buy-out firm , also agreed to invest $ 15 million in Recognition	which agreed to repurchase as much as $ 20 million of its stock
+6	As part of what a Recognition spokeswoman termed an `` amiable agreement , '' Prospect Group will wind up with control of top management posts and an increased stake in the maker of data management equipment	it obtained a commitment from Chemical Bank and Bank of Boston to convert an estimated $ 18 million in bank debt to a new , 24-month secured term loan to be repaid through the sale of certain assets
+0	The Corsica and Beretta make up the highest-volume car line at Chevrolet	sales of the vehicles are off 9.6 % for the year , and fell a steep 34 % during early October
+6	StatesWest declined to discuss details of its proposal	It asked Mesa to keep the proposal confidential
+6	The former president of FirstSouth F.A. , a defunct Arkansas thrift , pleaded guilty to conspiring to inflate the institution 's earnings by concealing worthless loan guarantees	who was chief operating officer of FirstSouth
+6	The former president of FirstSouth F.A. , a defunct Arkansas thrift , pleaded guilty to conspiring to inflate the institution 's earnings by concealing worthless loan guarantees	FirstSouth 's former chairman and chief executive officer , Howard Weichern , is charged with conspiring to conceal the agreements with Messrs.Watson and Taylor
+0	Nothing , I assumed , would be more hopelessly dated than a political satire on the Iran-Contra affair	I had underestimated both Mr. Gelbart 's wit and the persistence of scandal in Washington
+1	it takes in the wide sweep of scandals over the past 30 years	the play clearly is framed around the events of Iran-Contra
+9	it takes in the wide sweep of scandals over the past 30 years	at one point Merry Chase ( Melinda Mullins ) , a cool , carefully coiffed television announcer , recites a list of a dozen or more scandals of recent years
+1	Not only are there camera operators on all sides	the proceedings are shown on monitors throughout the theater
+11	we learn that the Internal Revenue Service confiscated one of the properties of a foreign financier who owes the government millions in taxes	the story of `` Mastergate '' unfolds
+1	Supposedly the IRS will sell off the assets of MPI	before it can , a lowly IRS agent is called into the hospital room of Wylie Slaughter , the dying head of the Central Intelligence Agency
+10	but a lowly IRS agent is called into the hospital room of Wylie Slaughter , the dying head of the Central Intelligence Agency	it can
+6	Daniel von Bargen is ramrod-stiff but totally assured as Major Battle , mixing just the right brand of self-righteousness and patriotism ; Jeff Weiss is fire , brimstone and teary-eyed emotionalism as the far-right senator who serves as a friendly interrogator of Major Battle ; Zach Grenier is maddeningly officious playing a succession of lawyers ; Joseph Daly has the perfect `` aw , shucks '' demeanor of George Bush in his portrayal of the vice president	Ann McDonough is first-rate as a succession of witnesses ' wives
+6	With one she is pregnant , with Major Battle she is knitting an American flag	as the vice president 's wife she rushes in with white hair , wearing a tailored suit and pearls , imitating Barbara Bush 's gestures down to the last detail
+1	it 's also true that he is evenhanded in dispensing his satirical jabs , taking sharp aim at senators and congressmen of all stripes and particularly at the media	it 's clear that Mr. Gelbart 's sympathies do not lie with the far right
+6	Though it 's clear that Mr. Gelbart 's sympathies do not lie with the far right	it 's true that he is evenhanded in dispensing his satirical jabs
+6	that he is evenhanded in dispensing his satirical jabs	Mr. Gelbart has fun with language
+6	Mastergate '' is subtitled `` a play on words	Mr. Gelbart plays that game as well as anyone
+1	Mr. Gelbart also has fun with language	This interest in words goes beyond puns and playfulness
+11	the self-important Sen . Bowman ( Jerome Kilty ) announces : `` Let me emphaticize one thing at the outset : We are not looking for hides to skin nor goats to scape	the hearings begin
+0	The evening is short -- 95 minutes without an intermission	even so , as the play progresses the thrust of Mr. Gelbart 's satire loses its sharpness as his targets pop up ever more predictably
+11	but even so the thrust of Mr. Gelbart 's satire loses its sharpness	the play progresses
+2	the thrust of Mr. Gelbart 's satire loses its sharpness	his targets pop up ever more predictably
+1	but even so , as the play progresses the thrust of Mr. Gelbart 's satire loses its sharpness as his targets pop up ever more predictably	Most of the evening is filled with rare and welcome wit
+6	and elected James A. Johnson as vice chairman , effective Jan. 1	James A. Aliber , chairman of First Federal of Michigan and a director since 1985 , moved up the date of his retirement from the board to accommodate Mr. Johnson 's election as a director
+6	The penthouse elevator started up from the Gutfreund landing	Susan Gutfreund used to turn off its light , to give the impression that there was no higher floor
+10	Eventually , Mr. Postel broke his toe in the dark	the Gutfreunds determined to put up a 22-foot Christmas tree
+0	The Postels did not give permission	the Gutfreund workers went ahead anyway
+10	the Postels had obtained an injunction to prevent any future hoisting of trees , and in a neighborly spirit hit both the Gutfreunds and the building with a $ 35 million lawsuit	the Gutfreunds finally left this unfriendly environment for a prodigious duplex on Fifth Avenue and an 18th-century mansion with a specially excavated $ 1 million garage in Paris
+11	The young John Gutfreund had been discovered by Billy Salomon of Salomon Bros	he was still a bearded liberal
+1	he became powerful and bland	his new wife , Susan , made him shine in the gossip columns with her profligate spending habits and flamboyant frocks
+10	he and his partners sold it to Phibro , a powerful commodity trading outfit , for $ 550 million in Phibro stock	he had been head of the company for 3 1/2 years
+6	whose family name had been on the firm 's door for 70 years	who had hoped it would be there forever
+1	Mr. Gutfreund collected $ 32 million	Billy Salomon got $ 10 million
+10	Mr. Gutfreund collected $ 32 million , while Billy Salomon got $ 10 million , much less than if he had conducted the sale	I felt betrayed , '' he said
+6	The New Crowd '' by Judith Ramsey Ehrlich and Barry J. Rehfeld ( Little , Brown , 444 pages , $ 19.95 ) , describes the displacing of the old `` our crowd '' Jewish Wall Street banking grandees by such new business barons as Saul Steinberg , Carl Icahn , Sanford Weill and Bruce Wasserstein	The book recounts the not dissimilar maneuvers surrounding the changing of the guard at Lehman Bros. and other grand old firms
+11	he cursed so forcefully that his face reddened and his pale-blue eyes narrowed into tiny slits	angered
+6	he cursed so forcefully that his face reddened	his pale-blue eyes narrowed into tiny slits
+1	They were old-fashioned elegant gentlemen , who happened to be of German Jewish extraction	in the harsh world of today 's Wall Street they have lost out to more aggressive and sometimes less scrupulous successors
+0	The cuckoo prefers the nests of other birds and heaves out their eggs	the old guard hired the New Crowd people : It brought in its own cuckoos
+2	It brought in its own cuckoos	as the Old Crowd toppled from the branch , it should n't have been too surprised
+11	So it should n't have been too surprised	the Old Crowd toppled from the branch
+1	So , as the Old Crowd toppled from the branch , it should n't have been too surprised	The old guard had every right to disdain the newcomers ' new ways of making money , such as greenmail
+3	Second , a long-term shareholder of a good company need n't worry too much	the stock price drops temporarily
+1	Second , a long-term shareholder of a good company need n't worry too much when the stock price drops temporarily : It will bounce back	if a raider takes over when the stock is weak , the shareholder never gets his recovery
+3	But the shareholder never gets his recovery	a raider takes over when the stock is weak
+11	if a raider takes over	the stock is weak
+1	The earlier generation of `` our crowd '' bankers -- Belmonts , Warburgs , Lehmans , Baches and Schiffs -- had stressed above all probity , tradition , continuity and reputation	The raiders have evolved their own pattern for spending their new millions
+11	The earlier generation of `` our crowd '' bankers -- Belmonts , Warburgs , Lehmans , Baches and Schiffs -- had stressed above all probity , tradition , continuity and reputation	The raiders have evolved their own pattern for spending their new millions
+1	The book is patronizing about this nouveau riche struggle for respectability , which has its tawdry aspects	on balance , the charity game helps America
+3	those who have the money do n't get involved with the museums and the charities	City Hall will do it , badly
+10	that Ivan Boesky vacated for a prison cell	The glitzy office had contained commodity operators Marc Rich and `` Pinky '' Green , today fugitives from a potential century apiece of jail sentences
+1	The Old Crowd is deeply concerned by the backlash from all this	the phenomenon is not specifically Jewish
+6	that those outside the club want to climb in	that a few will cut corners in the process
+10	In a generation or two some of the New Crowd may attain true respectability	perhaps to be displaced by a later flock of unscrupulous raptors
+5	In a generation or two some of the New Crowd may attain true respectability , perhaps to be displaced in turn by a later flock of unscrupulous raptors	perhaps Wall Street , when it has suffered enough , will realize that finance is a service industry , and change its ethos
+10	Or perhaps Wall Street will realize that finance is a service industry	it has suffered enough
+2	he planned to sell his Lockheed stake	the defense industry seems to be getting more uncertain
+5	the articles did n't accurately reflect Valhi and its affiliates ' intentions toward Lockheed	they may increase , decrease or retain their Lockheed holdings , depending on a number of conditions
+1	U.S. exports to Canada jumped 11.2 % in August from July	U.S. imports from Canada rose only 2.7 %
+2	U.S. exports to Canada jumped 11.2 % in August from July while U.S. imports from Canada rose only 2.7 %	Canada 's trade surplus with the U.S. narrowed to C $ 656.5 million ( US $ 558 million ) in August from C $ 1.23 billion ( US $ 1.04 billion ) in July
+11	Some tariffs were eliminated	the trade pact took effect Jan. 1
+6	For such businessmen , the Canadian government is organizing 55 missions this year to U.S. states bordering on Canada	The Canadian government has recently opened new trade offices in San Diego ; San Juan , Puerto Rico ; Miami ; Princeton , N.J. , and Denver
+6	Gold Texas is based in Vancouver , British Columbia	Crown Resources is based in Denver
+6	Bank of New England Corp said it will sell some operations and lay off 4 % of its work force	The bank holding company reported that third-quarter profit dropped 41 % , to $ 42.7 million , or 61 cents a share , from the year-earlier $ 72.3 million , or $ 1.04 a share
+6	Some $ 170 million of the $ 233 million increase in nonperforming loans was related to real estate according to Richard Driscoll , vice chairman	roughly three-quarters of that was in the troubled New England market
+6	that net third-quarter charge-offs , at $ 63 million , improved slightly from the $ 67 million in the second quarter	that more substantial improvement is expected in the next couple of quarters
+1	that imports of steel from European Community nations fell to 466,000 tons from 481,000 a month earlier	imports from Japan rose to 323,000 tons from 288,000 in July
+10	In August two Boston sales representatives sent customers a letter saying : `` We fully expect that you will soon be reading stories in the press reporting the ` Amazing Comeback at Wang	Wang Laboratories Inc. reported a staggering $ 424.3 million loss and replaced its president
+6	How soon Wang will stage a comeback	if it will at all
+1	We fully expect that you will soon be reading stories in the press reporting the ` Amazing Comeback at Wang	How soon Wang will stage a comeback , or if it will at all , are matters of debate
+1	How soon Wang will stage a comeback , or if it will at all , are still matters of debate	Wang salespeople are trying to cope with the biggest challenge any marketer can face : selling the products of a company that is on the ropes
+3	you 've lost it before you 've begun	your prospect is feeling risk the whole time and you 're not feeling as if you 're backed up by a stable company
+6	If your prospect is feeling risk the whole time	you 're not feeling as if you 're backed up by a stable company
+10	you 've lost it	you 've begun
+10	faced by Audi salespeople	the car was tainted by false charges of sudden acceleration
+1	It 's very important that we exude confidence	within the family we know there 's a lot of hard work ahead
+10	It 's very important that we exude confidence , even though within the family we know there 's a lot of hard work ahead , '' said Richard Miller , the Lowell , Mass. , computer concern 's new president , in a video message to salespeople	he took over
+6	Last year it funded its high employment by heavy borrowing	it suffered huge losses when sales turned down instead of rising
+10	and it suffered huge losses	sales turned down instead of rising
+10	Wang 's marketing department provided the sales force answers to questions such as `` How could you not have known you were going to lose $ 55 million ? '' and `` Is Wang still a viable company	the company reported red ink for the fiscal third quarter
+6	How could you not have known you were going to lose $ 55 million	Is Wang still a viable company
+6	That 's antithetical to the art of selling	that analyzing financial results `` poses a problem for a salesman who is n't particularly familiar with a balance sheet
+5	ordering salespeople to become experts on the annual report	if the salespeople can get the customers to consider Wang 's products on their merits , he or a top financial officer will try to assuage the fears about finances
+3	Instead he or a top financial officer will try to assuage the fears about finances	the salespeople can get the customers to consider Wang 's products on their merits
+1	Numerous computer companies are having sales slumps and earnings declines	very few have had losses comparable to Wang 's or are carrying such a large debt load
+1	he expects the company will return to profitability by the fourth quarter	Wang will report a loss for the first quarter ended Sept. 30 and the full fiscal year
+3	it will be a problem for the long run	a salesman jeopardizes his credibility in this time of trouble
+1	If a salesman jeopardizes his credibility in this time of trouble , it will be a problem for the long run	The customer will react to strength
+1	Before the really bad news , we were looking at Wang fairly seriously	their present financial condition means I 'd have a hard time convincing the vice president in charge of purchasing
+1	Wang 's overall product line is `` still not as good as other vendors	they 've come a long way
+10	They were on the road to recovery in terms of customer attitudes	this bad quarter happened
+6	Wang 's installed base is one of its greatest assets	many of those customers remain extremely loyal
+1	The first priority for Wang 's sales force is to make sure it holds on to existing customers	even before Wang 's latest financial troubles surfaced , some customers `` were trying to wall off their Wang installations '' so other departments would n't add Wang
+10	But some customers `` were trying to wall off their Wang installations '' so other departments would n't add Wang	Wang 's latest financial troubles surfaced
+2	But some customers `` were trying to wall off their Wang installations	other departments would n't add Wang
+11	that he worked `` to muster support from internal allies	he tried to sell products to Eastman Kodak
+1	he worked `` to muster support from internal allies	those allies became skeptical as they saw the downtrend.The more recent losses were really devastating
+2	but `` those allies became skeptical	they saw the downtrend
+1	Consultants say that Wang 's technology is among the best available in the image market	salespeople often found that news of Wang 's problems superseded their sales efforts
+11	all hell broke loose with the finances	they were making the decision
+3	it 's hard to go with Wang	a company realizes that
+11	It 's a tough thing	you ca n't
+3	they stop selling	people get down in the dumps
+2	The bad news is , you 'll be rejected more.The good news is , it 's not your fault	make goals achievable
+7	So make goals achievable	that salespeople making telephone calls should say to themselves : `` All I want to do today is get 50 rejections
+1	For instance , he suggests that salespeople making telephone calls should say to themselves : `` All I want to do today is get 50 rejections	Mr. Miller , Wang 's new president , recently warned his salespeople about negativism
+1	Pretax operating profit from telephone operations rose 8.2 %	profits from telecommunications products and electrical products were flat
+1	Revenue in the telecommunications products and services unit rose 27 % to $ 728.8 million	operating profit was unchanged at $ 26.3 million , partly because of start-up expenses
+6	Operating profit grew 57 % to $ 269 million from $ 171 million	operating margins rose to 16.1 % from 15.9 % the previous quarter and 12.6 % a year ago
+6	revenue will continue to grow	that we can control costs and thus improve profitability
+2	revenue will continue to grow and that we can control costs	and improve profitability
+6	The company reported a 3.1 % increase in the number of access lines in service	and said its Southwestern Bell Mobile Systems unit added 30,000 new customers , with a current total of about 333,000
+1	that the number of access lines dropped slightly in the quarter , a decline attributed to seasonal fluctuations	For the year access lines in service have increased 5.5 %
+6	of doubling revenues to about $ 1.8 billion	steadily increasing net
+10	it increased its loan-loss reserves by $ 93 million	reviewing its loan portfolio
+2	it increased its loan-loss reserves by $ 93 million	reviewing its loan portfolio
+6	In addition to the increased reserve , the savings bank took a special charge of $ 5 million representing general and administrative expenses from staff reductions and other matters	it posted a $ 7.6 million reduction in expected mortgage servicing fees
+6	some United Airlines employees wanted Mr. Wolf fired	takeover stock speculators wanted his scalp
+2	their prospective personal fortunes continue to plummet	shares of UAL , United 's parent company , dived $ 24.875 on the Big Board to close at $ 198
+11	their prospective personal fortunes continue to plummet	shares of UAL , United 's parent company , dived $ 24.875 on the Big Board to close at $ 198
+11	so did UAL 's stock	bank financing for the buy-out collapsed last week
+2	so did UAL 's stock	bank financing for the buy-out collapsed last week
+3	the two executives would still get about $ 25 million less than they stood to gain in the initial transaction	the banks resurrect a financing package at $ 250 a share
+6	He left his last two jobs at Republic Airlines and Flying Tiger with combined stock-option gains of about $ 22 million	UAL gave him a $ 15 million bonus when it hired him
+11	and UAL gave him a $ 15 million bonus	it hired him
+6	United paid him a $ 375,000 bonus to lure him away from American Airlines	he was paid a salary of $ 342,122 last year with a $ 280,000 bonus
+2	to make pay concessions	the buy-out would be a success
+6	Mr. Percival 's employment contract calls for him to act as a consultant to the company for two years	He will remain a director but wo n't serve on any board committees
+6	In a statement , US Facilities said Mr. Percival 's employment contract calls for him to act as a consultant to the company for two years.He will also remain a director , US Facilities said , but wo n't serve on any board committees	In the same statement , US Facilities said it had bought back 112,000 of its common shares in a private transaction
+8	Warner-Lambert Co. 's profit rose 22 %	Eli Lilly & Co. 's net income rose 24 %
+1	Mevacor , Merck 's new cholesterol-lowering drug , had higher sales than any other prescription medicine has ever achieved in the U.S. in the year following introduction	Intense competition led to unit sales declines for a group of Merck 's established human and animal-health products , including Aldomet and Indocin
+6	Prescription-drug world-wide sales rose 9 % in the quarter to $ 340 million ; U.S. sales rose 15 % World-wide sales of Warner-Lambert 's non-prescription health-care products , such as Halls cough tablets , Rolaids antacid , and Lubriderm skin lotion , increased 3 % to $ 362 million in the third quarter ; U.S. sales rose 5 %	Confectionery products sales had strong growth in the quarter
+6	Mr. Mark attributed the earnings growth to strong sales in Latin America , Asia and Europe	Results were bolstered by `` a very meaningful '' increase in operating profit by Colgate 's U.S. business
+6	Analysts estimate Colgate 's sales of household products in the U.S. were flat for the quarter	they estimated operating margins at only 1 % to 3 %
+3	that would be fine	you could say their business in the U.S. was mediocre , but great everywhere else
+1	If you could say their business in the U.S. was mediocre , but great everywhere else , that would be fine	it 's not mediocre , it 's a real problem
+6	We 've done a lot to improve { U.S. } results	a lot more will be done
+6	which primarily has interests in radio and television stations	Osborn operates Muzak franchises , entertainment properties and small cable-television systems
+3	Maybe so	you can find where your favorite writer went
+3	who spare no invective	taking on local luminaries such as Michael `` Pee Wee '' Dukakis , or New England Patriots Coach Raymond `` Rev.Ray '' Berry
+11	for parking his car	chasing a story
+6	that the new drawings were designed to hide Mr. Madden 's `` rapidly growing forehead '' and the facial defects of `` chinless '' Dan Shaughnessy , a Globe sports columnist	think of the money you , the reader , will save on Halloween
+1	I bow to no one in my regard for our terrestrial heritage	if we are serious about global warming we must look at the big picture and not allow the Dominant Culture to lock us into the capitalist-exploiters-greedy-American-consumers-global- warming scenario as the sole model for discussion
+6	The Internal Revenue Service plans to restructure itself more like a private corporation	that it will take the unusual step of looking to the private sector to fill two new high-level positions to guide the 120,000-employee agency : a comptroller to oversee daily finances and a chief information officer to update the information system , which includes probably the largest computer data base in the world
+6	In addition , the tax-collecting agency says that it will take the unusual step of looking to the private sector to fill two new high-level positions to guide the 120,000-employee agency : a comptroller to oversee daily finances and a chief information officer to update the information system , which includes probably the largest computer data base in the world	The IRS said that it would create the position of chief financial officer , who will be hired from within the agency
+6	that we do not have the kinds of information that let us responsibly and effectively formulate and execute our budget	we do n't have internal controls and discipline that we need to have to spend $ 5 billion properly
+6	The IRS operates on a computer system designed in 1961 , which it has been trying to modernize for years	the agency , which operated throughout fiscal 1989 with a $ 360 million budget shortfall , has been under a hiring freeze since last fall
+10	that you will see a significant improvement in the budget formulation and execution process	which will result in a significant increase in revenue
+0	Customarily , it would appoint career civil servants from within the agency	he plans to `` scour the world '' for the chief information officer and the comptroller
+0	IRS officials are confident that they can attract top-notch candidates from the private sector	the jobs will probably pay between $ 70,000 and $ 80,000 a year
+11	his body bore several gunshot wounds , a cracked skull and broken legs and ribs	Maj. Moises Giroldi , the leader of the abortive coup in Panama , was buried
+8	He is now changing the place he sleeps every night , sometimes more than once a night.His meals are most often prepared by women he trusts -- his full-time mistress , Vicky Amado , and her mother , Norma	he is collecting the names of those who telephoned the coup-makers to congratulate them during their brief time in control of his headquarters
+0	In the two weeks since the rebellion , which the U.S. hesitantly backed , Mr. Noriega has been at his most brutal-and efficient-in maintaining power	it is merely the latest chapter in a byzantine relationship between Mr. Noriega and Washington that stretches back three decades
+10	it helped create him out of the crucible of Panama 's long history of conspirators and pirates	American foreign policy set out to destroy Noriega
+7	For most of the past 30 years , the marriage was one of convenience	In 1960 when Mr. Noriega was both a cadet at an elite military academy in Peru and a spy-in-training for the U.S. Defense Intelligence Agency , he was detained by Lima authorities for allegedly raping and savagely beating a prostitute , according to a U.S. Embassy cable from that period.The woman had nearly died.But U.S. intelligence , rather than rein in or cut loose its new spy , merely filed the report away
+0	In 1960 , for example , when Mr. Noriega was both a cadet at an elite military academy in Peru and a spy-in-training for the U.S. Defense Intelligence Agency , he was detained by Lima authorities for allegedly raping and savagely beating a prostitute , according to a U.S. Embassy cable from that period	U.S. intelligence , rather than rein in or cut loose its new spy , merely filed the report away
+10	The U.S. has befriended	and turned against many dictators , but none quite so resourceful
+1	The 55-year-old Mr. Noriega is n't as smooth as the shah of Iran , as well-born as Nicaragua 's Anastasio Somoza , as imperial as Ferdinand Marcos of the Philippines or as bloody as Haiti 's Baby Doc Duvalier	he has proved more resilient than any of them
+1	The U.S. can make mistakes	and hope to remove him from power
+1	The U.S. can make mistakes and still hope to remove him from power	a single error on his part could cost him his life
+1	Mr. Noriega might have fallen of his own weight in 1988 because of Panama 's dire economic situation	increasing external pressure has only given him additional excuses for repression , and a scapegoat for his own mismanagement
+3	It is easy to fight	you do n't have any other option
+2	and gained admission to the academy	his brother had falsified his birth certificate
+2	Mr. Noriega had learned that a local union leader was sleeping with the wife of his deputy	he splashed the information on handbills that he distributed throughout the banana-exporting city of Puerto Armuelles
+1	He was superb	During his years in Chiriqui Mr. Noriega also revealed himself as an officer as perverse as he was ingenious
+6	Noriega was an expert at bribing and blackmailing people	During his years in Chiriqui , however , Mr. Noriega revealed himself as an officer as perverse as he was ingenious
+1	During his years in Chiriqui , however , Mr. Noriega also revealed himself as an officer as perverse as he was ingenious	through this period Mr. Noriega was a model recruit
+0	Some American officers interpreted his eagerness and studiousness as a sign of loyalty	they did so falsely
+10	He rose to chief of intelligence in Panama 's socalled G-2 in 1970	providing populist dictator Torrijos the critical support to defeat a coup attempt against him a year earlier
+2	He rose to chief of intelligence in Panama 's socalled G-2 in 1970	providing populist dictator Torrijos the critical support to defeat a coup attempt against him a year earlier
+3	intelligence experts always insisted that his allegiance was first to the Americans	U.S. diplomats complained to the CIA of Col. Noriega 's moonlighting
+11	how our intelligence people could put so much stock in his information	he was just as close to the Cubans
+2	how our intelligence people could put so much stock in his information	he was just as close to the Cubans
+1	The head of the DEA at the time , John Ingersoll , scotched the assassination plan	he did fly to Panama to scold dictator Torrijos on the drug ties of Panamanian officials , including Mr. Noriega
+10	But he did fly to Panama to scold dictator Torrijos on the drug ties of Panamanian officials , including Mr. Noriega	Mr. Ingersoll recalled that Gen. Torrijos seemed afraid to act on the concerns of the U.S
+6	For the first time , the U.S. considered cutting Mr. Noriega from its intelligence payroll	the deliberations were intense
+3	In the world of intelligence you get it from seedy characters	you want to get information
+2	how much you get tied in with seedy characters	they can extort you
+6	They included one of Mr. Noriega 's closest friends and business partners , Carlos Wittgreen	the investigators were quickly closing in on Mr. Noriega himself
+1	And the investigators were quickly closing in on Mr. Noriega himself	At the time in 1979 , the U.S. was once again flirting with its longtime Latin American spy
+10	to arrest him on the gun-running charges	he hit U.S. soil
+1	Their original indictment against Mr. Wittgreen , the friend of Mr. Noriega , and the other four was dismissed on a technicality	now , along with reindicting Mr. Noriega 's pal , they intended to charge Mr. Noriega himself , on allegations that he was involved in the illegal trading of some $ 2 million in arms
+10	U.S. Attorney Jack Eskenazi pleaded with Justice Department officials in Washington to let the indictment proceed	prodding from Mr. Sanford
+2	U.S. Attorney Jack Eskenazi pleaded with Justice Department officials in Washington to let the indictment proceed	prodding from Mr. Sanford
+11	ourselves frequently attempting to enforce the laws of the United States	but being caught between foreign policy considerations over which we have no control
+10	The letter , along with a detailed prosecution memo , sat on the desks of Justice officials for months	the case died a quiet death
+3	we had been allowed to go ahead	we would n't have the problems we have now
+6	Soon , the military became a veritable mafia controlling legal and illegal businesses	The Reagan administration put Mr. Noriega 's G-2 back on the U.S. payroll
+0	Mr. Noriega was hardly helping the U.S. exclusively	working for U.S. intelligence
+6	who once worked for Mr. Noriega	who testified before the U.S. grand jury in Miami that would ultimately indict the Panamanian on drug charges
+10	and who testified before the U.S. grand jury in Miami	that would indict the Panamanian on drug charges
+1	Although working for U.S. intelligence , Mr. Noriega was hardly helping the U.S. exclusively	Mr. Noriega was convinced the Reagan White House would n't act against him
+2	But Mr. Noriega was convinced the Reagan White House would n't act against him	he had an insurance policy : his involvement with the Contra rebels in Nicaragua
+8	the general allowed the Contras to set up a secret training center in Panama	Mr. Noriega conveyed intelligence from his spy operation inside the Nicaraguan capital of Managua
+8	the general allowed the Contras to set up a secret training center in Panama.Mr . Noriega also conveyed intelligence from his spy operation inside the Nicaraguan capital of Managua	on at least one occasion , in the spring of 1985 , he helped arrange a sabotage attack on a Sandinista arsenal in Nicaragua
+1	it was enough to win him important protectors in the Reagan administration	his help for the Contra cause was limited
+11	so did his offers of assistance to the Contras , an apparent attempt to curry more favor in Washington	Mr. Noriega 's political troubles grew
+2	so did his offers of assistance to the Contras , an apparent attempt to curry more favor in Washington	Mr. Noriega 's political troubles grew
+7	As Mr. Noriega 's political troubles grew , so did his offers of assistance to the Contras , an apparent attempt to curry more favor in Washington	he helped steal the May 1984 Panamanian elections for the ruling party.But just one month later , he also contributed $ 100,000 to a Contra leader , according to documents released for Oliver North 's criminal trial in Washington , D.C
+6	For instance , he helped steal the May 1984 Panamanian elections for the ruling party	just one month later , he also contributed $ 100,000 to a Contra leader , according to documents released for Oliver North 's criminal trial in Washington , D.C
+6	For instance , he helped steal the May 1984 Panamanian elections for the ruling party	But just one month later , he contributed $ 100,000 to a Contra leader , according to documents released for Oliver North 's criminal trial in Washington , D.C
+0	so did his offers of assistance to the Contras , an apparent attempt to curry more favor in Washington	his political setbacks mounted
+10	Mr. Noriega was accused of ordering in 1985 the beheading of Hugo Spadafora , his most outspoken political opponent and the first man to publicly finger Mr. Noriega on drug trafficking charges	He ousted President Nicholas Ardito Barletta , a former World Bank official with close ties to the U.S
+10	He then ousted President Nicholas Ardito Barletta , a former World Bank official with close ties to the U.S	Mr. Barletta tried to create a commission to investigate the murder
+8	Mr. Noriega was accused of ordering in 1985 the beheading of Hugo Spadafora , his most outspoken political opponent and the first man to publicly finger Mr. Noriega on drug trafficking charges.He then ousted President Nicholas Ardito Barletta , a former World Bank official with close ties to the U.S. , after Mr. Barletta tried to create a commission to investigate the murder	all the while , Panama 's debt problems continued to grow
+6	Mr. Noriega 's proposal was turned down	Mr. Shultz curtly told Mr. Abrams that the general should be told that only he could repair his tarnished image
+5	we created him	we fed him , nurtured him and let him grow up to be big and strong
+3	Yesterday 's edition provided analysts ' estimates for the company	actual earnings were available
+6	The Federal Reserve Board said output of the nation 's factories , mines and utilities expanded at an annual rate of 1.3 % in the third quarter , substantially slower than the 3.3 % annual rate in the second quarter	The Fed said U.S. industry operated at 83.6 % of capacity last month , down from 83.8 % in August
+10	Factory output dropped 0.2 % , its first decline since February	having been unchanged in October
+1	The drop is particularly large for white males	black males and white and black women also show lower mortality rates
+6	The drop is particularly large for white males	although black males and white and black women show lower mortality rates
+6	Lung-cancer mortality rates for people under 45 years of age have begun to decline , federal researchers report	A report in this week 's issue of the Journal of the National Cancer Institute projects that overall U.S. mortality rates from lung cancer , the leading cause of cancer death , should begin to drop in several years if cigarette smoking continues to abate
+3	that overall U.S. mortality rates from lung cancer , the leading cause of cancer death , should begin to drop in several years	cigarette smoking continues to abate
+10	which comes	the U.S . Surgeon General issued a report warning against the dangers of smoking
+1	The death rate from lung cancer of white males aged 35 to 44 in the mid-1970s was 13.4 per 100,000	the mortality rate of the same age group in the mid-1980s was 9.6 , a decline of 28.7 %
+6	The report is the strongest indication to date that the reduction in smoking is leading to lower death rates from lung cancer	The study , by Susan Devesa , William Blot and Joseph Fraumeni of the institute 's staff shows that the incidence of lung cancer as well as the death rate declined over the decade for all groups in the 35-44 age bracket , except black men
+1	the report projects that death rates will begin to decline in the 1990s for men and after the year 2000 for women	lung-cancer mortality rates are increasing for the nation as a whole
+1	Lung-cancer mortality rates increase with age and are continuing to rise for all age groups over 55 , with sharp increases for everybody but white men	the declining rates we 're seeing for younger people may be a harbinger of declining mortality in the future
+0	the declining rates we 're seeing for younger people may be a harbinger of declining mortality in the future	that the improvement depends on a continued reduction in smoking
+0	they ca n't be taken for granted	these favorable trends in lung-cancer mortality affect all sex and race groups
+1	the report of declining lung-cancer mortality `` among young men and women in the U.S. indicates that we finally may be winning the battle -- this even in a country where the tobacco industry spends over $ 2 billion a year for promotion of the addictive habit of smoking	that tobacco consumption and lung-cancer mortality rates are rising in developing countries
+1	in both sexes more whites have given up smoking than blacks	nearly equal percentages of black and white women currently smoke
+10	the Nasdaq Composite Index weakened under selling pressure	gaining strength during a brief run-up when trading began
+11	After gaining strength during a brief run-up	trading began
+10	During the last two hours of trading , the composite almost drew even on the day	slipping again
+1	Every time you thought it was going into a rally it gave up	every time you thought it would rally it came down
+6	Everybody 's confused	no one has an opinion that lasts longer than 30 seconds
+6	Program trading is `` benefiting a few to the detriment of many	I wish someone would do something about it
+2	Program trading is `` benefiting a few to the detriment of many	I wish someone would do something about it
+6	Of the 4,345 stocks that changed hands , 1,174 declined	1,040 advanced
+10	The stock traded as high as 29 3/4 and as low as 28 3/4	closing at 29 1/4 , down 1/4
+3	that it might have to take a charge against earnings	it ca n't successfully resolve a dispute with its European licensee , Boehringer Mannheim , over its anti-anemia drug , EPO
+6	The wholesaler of cash and carry merchandise reported fiscal fourthquarter earnings that were better than analysts had expected	The company pleased analysts by announcing four new store openings planned for fiscal 1990
+6	The wholesaler of cash and carry merchandise reported fiscal fourthquarter earnings that were better than analysts had expected	Intermec , a maker of optical character-recognition devices reported higher third-quarter earnings
+0	Intermec , a maker of optical character-recognition devices , also reported higher third-quarter earnings	favorable earnings was n't a guarantee that a stock 's price would improve yesterday
+0	MCI Communications tumbled 2 5/8 to 42 3/8 on 4.7 million shares	the telecommunications giant reported a 63 % increase in third-quarter profit
+10	CoreStates Financial slipped 3/8 to 43 1/8 in active trading	reporting that third-quarter earnings improved to $ 1.27 a share from $ 1.15 a share a year earlier
+2	CoreStates Financial slipped 3/8 to 43 1/8 in active trading	reporting that third-quarter earnings improved to $ 1.27 a share from $ 1.15 a share a year earlier
+1	CoreStates Financial slipped 3/8 to 43 1/8 in active trading after reporting that third-quarter earnings improved to $ 1.27 a share from $ 1.15 a share a year earlier	the bank holding company 's loan-loss reserves rose to $ 177.3 million from $ 154 million a year earlier
+0	A & W Brands lost 1/4 to 27	its thirdquarter earnings rose to 26 cents a share from 18 cents a share last year
+6	Robert M. Jelenic , 39 , was named president and chief operating officer of this closely held publisher	he would take on additional responsibilities as editor in chief of the company
+8	Robert M. Jelenic , 39 , was named president and chief operating officer of this closely held publisher he would take on additional responsibilities as editor in chief of the company	Jean B. Clifton , 28 , was named executive vice president , treasurer and chief financial officer
+10	It started with improvements in hygiene made possible by affordable soap and washable underwear during the Industrial Revolution	cast-iron sewer pipe and the flush toilet were followed by sewage- and water-treatment plants toward the end of the 19th century
+10	Medicine in the 19th century was dedicated mostly to combating sepsis and diagnostic analysis	the 20th century saw the evolution of private-sector wonder drugs
+10	New Environmentalism probably started in 1962 with the publication of Rachel Carson 's book `` Silent Spring	hysterical articles began to appear predicting that advanced industrial societies would produce a blackened , uninhabitable planet possibly by the turn of the century
+8	Writing in the 1960s Ms. Carson suggested that the human race could be eliminated in 20 years	Mr. Wald suggested that life on earth might end by 1985
+2	that they be banned from industrial use	they produced malignant tumors in overdosed rats
+11	predicting that advanced industrial societies would produce a blackened , uninhabitable planet possibly by the turn of the century	the New Environmentalists systematically opposed the methods of the Old Environmentalists
+6	predicting that advanced industrial societies would produce a blackened , uninhabitable planet possibly by the turn of the century	the New Environmentalists systematically opposed the methods of the Old Environmentalists
+1	Local pollution problems require cheap energy and capital for their solution	the New Environmentalists oppose private wealth creation ( which , they claim , depletes natural resources ) and nuclear power ( even though it would counteract the greenhouse effect )
+0	Local pollution problems require cheap energy and capital for their solution	the New Environmentalists oppose private wealth creation ( which , they claim , depletes natural resources ) and nuclear power ( even though it would counteract the greenhouse effect )
+1	and nuclear power	it would counteract the greenhouse effect
+6	not to try to create news stories for the event itself	was it intended to dictate a set of prescriptive solutions
+1	Nor was it intended to dictate a set of prescriptive solutions	various points were raised
+3	society and government are underreacting	it comes to substantive policy change
+4	that hardly can be termed non-objective journalism	the media decide to work harder at educating the public about these complex and technical issues
+5	that it is unlikely we will be able to address them effectively	major changes are made in less than 10 years
+10	who had already slashed their projections	the company said in late August that its 1989 earnings could tumble as much as 37 %
+2	who had already slashed their projections	the company said in late August that its 1989 earnings could tumble as much as 37 %
+1	Third-quarter revenue was flat at $ 1.02 billion	The year-ago results included the operations of a bottling business , which was sold last December
+6	The volume is well below the industry 's 4 % to 5 % growth rate of recent years , but in line with other soft-drink companies for the third quarter	The latest third-quarter volume compares with a very strong 10 % growth in the year-ago quarter
+6	its third-quarter net income fell 68 % on flat revenue	it repurchased about 1.2 million of its common shares during the third quarter
+6	Coca-Cola Enterprises Inc. , fulfilling its dismal earnings forecast for 1989 , said its third-quarter net income fell 68 % on flat revenue	Purchase , N.Y.-based PepsiCo Inc. , as expected , said fiscal third-quarter net rose 11 % to $ 269.3 million , or $ 1.02 a share , from $ 241.6 million , or 91 cents a share
+6	This year , a number of retail leveraged buyouts have failed , causing jitters among suppliers	Mr. Merksamer apparently wanted assurances that he wo n't have delivery problems
+2	This year , a number of retail leveraged buyouts have failed , causing jitters among suppliers	Mr. Merksamer apparently wanted assurances that he wo n't have delivery problems
+5	NBC , a leader in morning , prime-time and late night programs but an also-ran on Saturday mornings is contemplating getting out of the cartoon business	it may `` counterprogram '' with shows for an audience that is virtually ignored in that time period : adults
+6	There is talk of some revamping	we 're certainly heading in the direction of less and less animation
+1	NBC 's options could range from news-oriented programming to sports shows	the network declined to comment
+2	We feel there is an opportunity for an audience that is not being served by any network	we want to take the lead
+6	An NBC spokesman says the network will `` closely monitor '' the Sacramento situation	says it is the only station to defect
+6	Rohm & Haas attributed the profit slide partly to higher start-up expense	The company cited the stronger dollar
+3	which cuts the value of overseas profit	it is translated into dollars
+6	Rohm & Haas attributed the profit slide partly to higher start-up expense.The company also cited the stronger dollar , which cuts the value of overseas profit when it is translated into dollars	it was hurt by higher than previous-year costs for raw materials
+1	In addition it was hurt by higher than previous-year costs for raw materials	those costs have declined since the second quarter
+6	In addition it was hurt by higher than previous-year costs for raw materials	Incrementally higher production of those chemicals which remain in heavy demand has forced up costs , such as overtime pay
+3	Any patient with high-risk colon cancer is really getting short shrift	he 's not getting this therapy
+6	I did n't say this	I 'm totally opposed to the philosophy expressed by the quote
+1	With this treatment we have reduced deaths in high-risk colon cancer by one-third	this leaves the two-thirds who are dying of cancer
+3	any patient with high-risk cancer is getting short shrift	he is not offered this opportunity
+1	We have very exciting prospects for far more impressive advances in the treatment of colon cancer during the years immediately ahead	This hope will never be realized if we use levamisole and 5-fluorouracil as a stopping point
+3	This hope , however , will never be realized	we use levamisole and 5-fluorouracil as a stopping point
+1	they are setting out to find the most cost-effective fuel for reducing cities ' air-pollution problems , with no bias toward any fuel in particular	their search notably wo n't include natural gas or pure methanol -- the two front-running alternative fuels -- in tests to be completed by next summer
+5	However , their search notably wo n't include natural gas or pure methanol -- the two front-running alternative fuels -- in tests to be completed by next summer	the tests will focus heavily on new blends of gasoline
+1	which are still undeveloped	which the petroleum industry has been touting as a solution for automobile pollution that is choking urban areas
+1	only Atlantic Richfield Co. is now marketing a lower-emission gasoline for older cars currently running on leaded fuel	major oil companies have been experimenting with cleaner-burning gasoline blends for years
+6	The whole idea here is the automobile and oil companies have joint customers	we are looking for the most cost-effective way to clean up the air
+1	The whole idea here is the automobile and oil companies have joint customers , '' said Keith McHenry , a senior vice president of technology at Amoco Corp. `` And we are looking for the most cost-effective way to clean up the air	David Hawkins , an environmental lawyer with the Natural Resources Defense Council , said the research appears merely to be a way to promote reformulated gasoline
+5	to gut Mr. Bush 's plans to require auto makers to begin selling alternative-fueled cars by 1995	a House subcommittee adopted a clean-fuels program that specifically mentions reformulated gasoline as an alternative
+9	Instead , a House subcommittee adopted a clean-fuels program	that mentions reformulated gasoline as an alternative
+11	it will try to resurrect its plan	the House Energy and Commerce Committee takes up a comprehensive clean-air bill
+10	Mr. Seidman inherited the problems of Lincoln	his regulatory role was expanded by the new savings-and-loan bailout law
+6	to investigate what appears to be the biggest thrift disaster in a scandal-ridden industry	The inquiry will cover the actions of Charles Keating Jr
+6	who is chairman of American Continental Corp. , Lincoln 's parent	who contributed heavily to several U.S. senators
+11	for example , 15 % of its loans , or $ 250 million , were to borrowers who were buying real estate from one of American Continental 's 50 other subsidiaries , according to Mr. Seidman	Lincoln was seized by the government
+7	such findings in one of our own institutions	When Lincoln was seized by the government 15 % of its loans , or $ 250 million , were to borrowers who were buying real estate from one of American Continental 's 50 other subsidiaries , according to Mr. Seidman
+0	that had we made such findings in one of our own institutions , we would have sought an immediate cease-and-desist order to stop the hazardous operations	the government did n't step in until six months ago , when thrift officials put Lincoln into conservatorship -- the day after American Continental filed for Chapter 11 bankruptcy protection from creditors
+7	Lincoln 's treatment by former thrift regulators , in an agency disbanded by the new law , has proved embarrassing for five senators who received thousands of dollars in campaign contributions from Mr. Keating	that Sen. Dennis DeConcini ( D. , Ariz. ) , who received $ 48,100 in contributions from Mr. Keating , phoned Mr. Seidman to request that he push for a sale of Lincoln before it would be seized
+10	that he push for a sale of Lincoln	it would be seized
+10	Sen. DeConcini returned the campaign contributions	the government lawsuit was filed against Lincoln
+2	that he pushed for the sale of Lincoln	hundreds of Arizona jobs { at Lincoln } were on the line
+6	Sen. DeConcini returned the campaign contributions	Senate Banking Committee Chairman Donald Riegle ( D. , Mich. ) has returned contributions he received from Mr. Keating a year ago
+6	he received from Mr. Keating a year ago	Sens.John Glenn ( D. , Ohio ) , John McCain , ( R. , Ariz. ) and Alan Cranston ( D. , Calif. ) received substantial contributions from Mr. Keating and sought to intervene on behalf of Lincoln
+3	to appear before the House committee	necessary
+1	Sen. Cranston volunteered to appear before the House committee , if necessary	the panel is unlikely to pursue closely the role of the senators
+6	At the hearing , Mr. Seidman said the RTC has already pumped $ 729 million into Lincoln for liquidity	He held out little hope of restitution for purchasers of $ 225 million in American Continental subordinated debt
+6	to sell $ 1.8 billion in assets	to emerge from bankruptcy-law protection at two-thirds its former size
+1	In July , Eastern and its creditors agreed on a reorganization plan that called for Eastern to sell $ 1.8 billion in assets and to emerge from bankruptcy-law protection at two-thirds its former size	after selling off pieces such as its East Coast shuttle , its Philadelphia hub and various planes , Eastern hit a stumbling block
+10	But Eastern hit a stumbling block	selling off pieces such as its East Coast shuttle , its Philadelphia hub and various planes
+10	Eastern hit a stumbling block.It could n't sell its South American routes , one of the major assets marked for disposal	Eastern decided it would have to keep and operate the routes itself
+9	Eastern hit a stumbling block.It could n't sell its South American routes , one of the major assets marked for disposal	Eastern decided it would have to keep and operate the routes itself
+6	which would leave it with less cash for its reorganization	It would leave Eastern a bigger carrier than the scaled-down one proposed under the initial plan
+1	Since then , Eastern has been negotiating with creditors over revisions	the creditors committee has been having problems with the revisions
+6	Eastern 's plans will miss its projections of earnings before interest , tax and depreciation by $ 100 million	that Eastern 's plan presented no comfort level , according to a source present at yesterday 's session
+6	they expected Eastern would have to issue new debt to cover its costs	that it would generate far less cash than anticipated
+6	Eastern would have to issue new debt to cover its costs	Other costs would increase , including maintenance , because Eastern has an older fleet
+2	Other costs also would increase , including maintenance	Eastern has an older fleet
+1	Mr. Bakes declined to give out Eastern 's daily losses	said he did n't expect Eastern would have to dip into the cash from asset sales currently held in escrow
+1	we 'll have to see how they { talks } come along	it 's not a requirement that the plan be accepted by creditors
+3	court confirmation of its plan could be relatively swift	Eastern can get creditor support
+1	If Eastern can get creditor support , court confirmation of its plan could be relatively swift	creditors are free to press for court approval of their own plan , or the court could ignore both sides and draw its own
+5	But creditors are free to press for court approval of their own plan	the court could ignore both sides and draw its own
+3	paid	it exceeds tax figured the regular way
+6	The method of calculating the 20 % tax is due for a change in 1990 , thanks to 1986 's tax act	that the concept that is to be introduced drags in great complexity
+1	Ways and Means Chairman Rostenkowski backed a simplification plan in the pending House tax bill	the plan turns out to be a big revenue loser
+3	we are left staring at rules that are almost impossible to implement	the law is n't changed
+2	that are almost impossible to implement	there are so many complex depreciation calculations to do
+1	Now the Senate 's stripped-down bill omits any proposal to deal with the corporate tax	Congress still could resolve the issue with other legislation this year or next
+1	Amending a 1988 return to claim a refund brings cash faster	for personal losses , there are other factors to consider
+6	that it exceeds $ 100	that the year 's total losses exceed 10 % of adjusted gross income
+6	whether damaged property is owned jointly or separately	whether one spouse has larger income
+1	Returns for 1988 from people with six-month filing extensions were due Monday	people in the disaster areas wo n't be penalized for late filing if their returns are marked `` Hugo '' and postmarked by Jan. 16
+3	people in the disaster areas wo n't be penalized for late filing	their returns are marked `` Hugo '' and postmarked by Jan. 16
+1	Interest will be imposed on unpaid taxes	late-payment penalties on the returns will be waived if the balance due and paid is 10 % or less of the liability
+3	but late-payment penalties on the returns will be waived	the balance due and paid is 10 % or less of the liability
+3	Among the provisions : Fiscal-year taxpayers with returns due last Monday wo n't be penalized	they file -- or request an extension -- and pay tax due by Nov. 15
+1	Extensions ca n't be granted for filing employment-tax returns due Oct. 31 or for depositing withheld taxes	late penalties will be abated for deposits made by Nov. 15
+6	IRS Notice 89-136 describes this and other deadline relief for Hugo 's victims	The notice grants relief for certain estate-tax returns
+2	The IRS denied cost deductions	few of the temps got to go aboard
+1	The IRS denied cost deductions because few of the temps got to go aboard	the Tax Court said the limitations were reasonable and realistic and allowed the deductions
+10	the trustee of the individual retirement account must file forms 5498 reporting market values relating to the decedent and each beneficiary , with copies to the executor and beneficiaries	AN IRA OWNER dies
+1	Gregory Damonne Brown of Fremont , Calif. , a hardworking , reclusive young bachelor , told that story to the Tax Court	judges usually find the real aim is to escape tax on hidden income ; and the IRS said Brown must have had such income because he deposited $ 124,732 in a bank account in 1982-84 while reporting income of only $ 52,012
+6	But judges usually find the real aim is to escape tax on hidden income	the IRS said Brown must have had such income because he deposited $ 124,732 in a bank account in 1982-84 while reporting income of only $ 52,012
+0	and the IRS said Brown must have had such income	it uncovered no source
+2	Brown must have had such income	he deposited $ 124,732 in a bank account in 1982-84 while reporting income of only $ 52,012
+1	because he deposited $ 124,732 in a bank account in 1982-84	reporting income of only $ 52,012
+1	Brown had no proof	testimony of his mother and stepmother about his father and of an ex-employer about his honesty and habits satisfied a judge that Brown was truthful and his tale of gifts was possible
+6	that Brown was truthful	his tale of gifts was possible
+2	that Brown was truthful	his tale of gifts was possible
+2	The IRS offered no evidence of hidden sources of taxable income	Judge Shields rejected its claims
+10	They have even sent helicopters in pursuit of bikers	hikers and equestrians complained they were being driven from trails
+6	Bikers -- many of them ardent environmentalists -- proclaim their sport an efficient , safe , fitness-promoting way to get back to nature	asserting a right , as taxpayers , to pedal on public lands
+11	Bikers -- many of them ardent environmentalists -- proclaim their sport an efficient , safe , fitness-promoting way to get back to nature	asserting a right , as taxpayers , to pedal on public lands
+1	Bikers -- many of them ardent environmentalists -- proclaim their sport an efficient , safe , fitness-promoting way to get back to nature , while asserting a right , as taxpayers , to pedal on public lands	the bikes ' burgeoning numbers , safety concerns and fear that they damage fragile landscapes have prompted pleas , from the Sierras to the Eastern Seaboard , to ban them from the back country
+1	Sierra has been instrumental in securing a number of the California bans	Sierra 's hard-line stance has created something of a rift in the organization
+7	Pressure from these members prompted the club recently to soften its anti-bike rhetoric	it no longer lumps the bikes into the same category as motorcycles and other terrain-marring off-road vehicles
+1	Pressure from these members prompted the club recently to soften its anti-bike rhetoric	the club still insists that public lands ought to be closed to the bikes unless studies indicate the bikes wo n't injure the environment or other users
+5	that public lands ought to be closed to the bikes	studies indicate the bikes wo n't injure the environment or other users
+1	I have a mountain bike	as a hiker I 've been run off the road by kids careening down a fire trail on them
+6	to help rangers enforce regulations	to school riders in proper trail etiquette
+1	much bad riding simply reflects ignorance	some are renegade riders
+11	Few would have foreseen such a furor	a decade ago , some Marin County bicycle enthusiasts created a hybrid bike using fat tires , lightweight metallurgy and multi-gear technology
+11	they were dismissed as a fad	the bikes first entered mass production in 1981
+2	City dwellers love them	they shift smoothly in traffic , bounce easily over curbs and roll through road glass with far fewer flat tires than racing bikes
+8	The town is home to the Mountain Bike Hall of Fame	it hosts the annual Fat Tire Bike Week
+1	The mountain bike feels as comfortable as the ` paperboy ' bike you had as a kid	it can do so much more
+6	Stock-market tremors again shook bond prices	the dollar turned in a mixed performance
+11	Stock-market tremors again shook bond prices	the dollar turned in a mixed performance
+2	Early yesterday , investors scrambled to buy Treasury bonds for safety	stock prices plummeted and fears mounted of a replay of Friday
+11	Early yesterday , investors scrambled to buy Treasury bonds for safety	stock prices plummeted and fears mounted of a replay of Friday
+2	as stock prices plummeted	fears mounted of a replay of Friday
+6	as stock prices plummeted	fears mounted of a replay of Friday
+1	as stock prices plummeted and fears mounted of a replay of Friday	stocks later recovered , erasing most of their early declines
+10	stock prices plummeted	But stocks recovered
+1	The dollar initially fell against other major currencies on news that the U.S. trade deficit surged in August to $ 10.77 billion	the dollar later rebounded , finishing slightly higher against the yen although slightly lower against the mark
+10	The dollar initially fell against other major currencies on news that the U.S. trade deficit surged in August to $ 10.77 billion	But the dollar rebounded , finishing slightly higher against the yen although slightly lower against the mark
+1	finishing slightly higher against the yen	slightly lower against the mark
+1	In an apparent attempt to keep a lid on short-term interest rates , the Fed once again pumped money into the banking system	the Fed move was a small gesture
+2	Fed officials appear reluctant to ease their credit grip any further	a bold move does n't appear necessary
+1	that relationship will reverse during the next few weeks	stocks have led bonds this week
+1	Although stocks have led bonds this week , some traders predict that relationship will reverse during the next few weeks	several other traders contend investors have overreacted to junk-bond jitters , and that stock prices will continue to recover
+6	investors have overreacted to junk-bond jitters	that stock prices will continue to recover
+2	They shot the whole orchestra	the piano player hit a bad note
+2	Those supermarket tabloids Make me feel slow	I still have n't seen
+1	Forest-products operations strengthened in the third quarter	paper operations were dogged by higher costs , soft newsprint exports and a strong Japanese yen
+1	Weyerhaeuser 's pulp and paper operations were up for the nine months	full-year performance depends on the balance of operating and maintenance costs , plus pricing of certain products
+1	export log and lumber markets will be weak	panel and plywood markets will be stronger
+6	Bankers Trust New York Corp. became the latest major U.S. bank to increase reserves for its loans to less-developed countries	The bank said it expects to report a $ 1.42 billion loss for the third quarter and a loss for the full year
+6	Step up to the plate	take the big swing
+8	Citicorp yesterday reported a 9 % third-quarter earnings drop	Manufacturers Hanover Corp. posted a $ 789 million loss for the quarter
+10	while Manufacturers Hanover Corp. posted a $ 789 million loss for the quarter	adding $ 950 million to its reserve for loans to less-developed countries
+8	PNC Financial Corp. , the parent of Pittsburgh National Bank , reported net income climbed 9.8 %	net for Banc One Corp. of Columbus , Ohio , grew 3.8 %
+6	Corporate finance and trading results in member countries of the Organization for Economic Cooperation and Development were `` relatively flat , sometimes choppy	profit for the area sank 27 %
+1	The cross-border loan portfolio reflected `` adjustment problems and episodic payment patterns no interest payments from Argentina in the nine months and none from Brazil in the third quarter	Venezuela brought itself `` substantially current
+9	The cross-border loan portfolio reflected `` adjustment problems and episodic payment patterns , '' the bank said no interest payments from Argentina in the nine months and none from Brazil in the third quarter , while Venezuela brought itself `` substantially current	the portfolio narrowed its quarterly loss to $ 70 million from $ 80 million a year earlier
+1	People were waiting to see if we would take an additional provision '' for medium-term and long-term loans to less-developed countries	that it is comfortable with the current level of $ 2.6 billion
+1	A `` concerning '' item was the 10 % jump in expenses , which the bank attributes to costs of expanding both its consumer credit-card operations and its overseas branch business	that the bank is maintaining those expenses in proportion to revenue growth
+2	Wells Fargo continued to generate one of the highest profit margins among major banks	Wells Fargo 's net interest income rose $ 36.3 million , or 7 % , to $ 537 million for the quarter
+11	Non-interest income fell slightly to $ 191.9 million from $ 193.3 million	Wells Fargo continued to rigorously control non-interest expense
+1	and managed to partly reverse the sharp rise in domestic non-accrual loans , which fell 8 % from the previous quarter to $ 806.8 million from $ 880.9 million	the amount was still 39 % higher than the year-ago level , and 25 % higher as a percentage of total loans
+2	We did n't take part in a lot of deals '' in the quarter	their credit quality was poor
+1	Trust income grew 15 % , to $ 49.9 million	service charges , fees and commissions increased 22 % , to $ 79.4 million
+3	Mr. Gandhi 's ability to push through major initiatives might be hobbled by a thinner majority	the Congress ( I ) retains control of the government
+6	Economic analysts call his trail-blazing liberalization of the Indian economy incomplete	many are hoping for major new liberalizations if he is returned firmly to power
+3	for major new liberalizations	he is returned firmly to power
+6	Mrs. Gandhi had been assassinated by separatist Sikhs	many Indians feared their country might split apart
+8	In 1977 , Mrs. Gandhi was thrown out of office after her 19-month emergency rule	in 1980 , after her successors made a mess of their three years in power , she was restored to office
+10	and in 1980 she was restored to office	her successors made a mess of their three years in power
+3	that the Congress ( I ) will lose big	Mr. Gandhi 's opposition unites to field single candidates in most precincts
+1	that if Mr. Gandhi 's opposition unites to field single candidates in most precincts , the Congress ( I ) will lose big	if the opposition remains fractured , the Congress ( I ) could win a small majority , or lead a coalition government
+3	But the Congress ( I ) could win a small majority , or lead a coalition government	the opposition remains fractured
+3	Congress ( I ) will win only 150 seats , a quarter of the house	the opposition fields single candidates in 80 % of the races
+6	the opposition will struggle this week to unite	its success will be clear only when it announces its final list of parliamentary candidates
+10	and its success will be clear	it announces its final list of parliamentary candidates
+2	and its success will be clear	it announces its final list of parliamentary candidates
+1	The arms-kickback scandal is likely to be one of the big talking points in the campaign	it 's unclear how it is viewed by average Indian voters
+1	The opposition charged that the money was used to bribe Indian government officials , an allegation denied by Mr. Gandhi 's administration	many of his statements on the issue in Parliament subsequently were proven wrong by documentary evidence
+1	The scandal has faded and flared	recent disclosures propelled it back onto the front pages
+6	but recent disclosures propelled it back onto the front pages	that has helped galvanize the opposition
+1	His term has produced no spectacular failures in politics , in the economy or on the military front , and has chalked up some successes	the average Indian had tremendous hope in the youthful leader and his promise to make both government and the ruling party more effective and less corrupt
+3	the government tells us to forget it	there are well problems , light problems , road problems
+3	its coherence is likely to be temporary	it unites for the elections
+0	its coherence is likely to be temporary	it unites for the elections
+10	a similar coalition took power and then disintegrated	the Congress ( I ) lost the 1977 election , following Mrs. Gandhi 's hated emergency rule
+2	a similar coalition took power and then disintegrated	the Congress ( I ) lost the 1977 election , following Mrs. Gandhi 's hated emergency rule
+10	a similar coalition took power	and disintegrated
+2	it ca n't disclose the names of the middlemen	it would jeopardize industrial confidentiality
+2	it had n't seen the filing by Parsow and Elkhorn	and had no comment
+6	they may seek board representation	they may seek the support of CACI 's board and other major shareholders in connection with their plans
+2	The inverse trading relationship between bonds and stocks was interrupted yesterday	bonds fell despite a modest decline in stock prices
+0	The inverse trading relationship between bonds and stocks was interrupted yesterday as bonds fell despite a modest decline in stock prices	bond investors continue to keep a close watch on the jittery stock market
+2	In early trading , investors were bidding bond prices higher	stocks tumbled and fears mounted that Friday 's stock market debacle would be repeated
+11	In early trading , investors were bidding bond prices higher	stocks tumbled and fears mounted that Friday 's stock market debacle would be repeated
+6	as stocks tumbled	fears mounted that Friday 's stock market debacle would be repeated
+0	that Friday 's stock market debacle would be repeated	a partial recovery in the Dow Jones Industrial Average dashed those expectations
+6	But a partial recovery in the Dow Jones Industrial Average dashed those expectations	Treasury bonds were hurt late in the day by a $ 4 billion offering by the Tennessee Valley Authority and the prospect of a huge amount of new agency debt
+10	that was a disappointment	stocks stabilized
+2	that was a disappointment	stocks stabilized
+11	But bond investors continue to keep a close watch on the jittery stock market	for the second straight day , the bond market paid little attention to the Federal Reserve 's open market operations
+6	to keep a lid on interest rates	to boost investor confidence
+6	She said a more aggressive move was n't needed	The Fed appears reluctant to ease credit conditions further
+11	The Treasury 's benchmark 30-year bond fell more than 1/2 point , or over $ 5 for each $ 1,000 face amount	the yield moved above 8 % for the first time since Thursday
+1	The Treasury 's benchmark 30-year bond fell more than 1/2 point , or over $ 5 for each $ 1,000 face amount	the yield moved above 8 % for the first time since Thursday
+6	The Treasury 's benchmark 30-year bond fell more than 1/2 point , or over $ 5 for each $ 1,000 face amount	Investment-grade corporate , municipal and mortgage-backed securities fell
+1	The Treasury 's benchmark 30-year bond fell more than 1/2 point , or over $ 5 for each $ 1,000 face amount , while the yield moved above 8 % for the first time since Thursday.Investment-grade corporate , municipal and mortgage-backed securities also fell	most junk bonds closed unchanged after opening slightly higher on bargain-hunting by institutional investors
+10	But most junk bonds closed unchanged	opening slightly higher on bargain-hunting by institutional investors
+6	Treasury bonds also were hurt late in the day by a $ 4 billion offering by the Tennessee Valley Authority and the prospect of a huge amount of new agency debt	hedging related to the TVA pricing pressured Treasury bonds
+6	hedging related to the TVA pricing also pressured Treasury bonds	The TVA bonds served to remind the market that there will be even more new supply
+6	Today the Treasury will announce the size of its next two-year note sale	Resolution Funding Corp. will announce details of its first bond offering
+6	Some traders estimate $ 9.75 billion of new two-year Treasurys will be sold next week	they expect Refcorp to offer $ 4 billion to $ 6 billion of long-term `` bailout '' bonds
+11	Investment-grade corporate bonds ended 1/4 to 1/2 point lower	most junk bonds ended unchanged
+1	Investment-grade corporate bonds ended 1/4 to 1/2 point lower	most junk bonds ended unchanged
+11	TVA offered $ 2 billion of 30-year bonds priced to yield 9.06 % ; $ 1 billion in 10-year notes priced to yield 8.42 % ; and $ 1 billion in five-year notes priced to yield 8.33 %	Lockheed Corp. priced a $ 300 million note offering to yield 9.39 %
+1	TVA offered $ 2 billion of 30-year bonds priced to yield 9.06 % ; $ 1 billion in 10-year notes priced to yield 8.42 % ; and $ 1 billion in five-year notes priced to yield 8.33 %	Lockheed Corp. priced a $ 300 million note offering to yield 9.39 %
+11	The derivative mortgage-backed market revived after a brief hiatus	two new Remics totaling $ 850 million were offered and talk circulated about two more issues that could be priced today
+2	The derivative mortgage-backed market revived after a brief hiatus	two new Remics totaling $ 850 million were offered and talk circulated about two more issues that could be priced today
+6	as two new Remics totaling $ 850 million were offered	talk circulated about two more issues that could be priced today
+3	that it 's difficult to structure new Remics	prices are moving widely
+11	The Ginnie Mae 9 % issue was yielding 9.43 % to a 12-year average life assumption	the spread above the Treasury 10-year note held at 1.42 percentage points
+2	The Ginnie Mae 9 % issue was yielding 9.43 % to a 12-year average life assumption	the spread above the Treasury 10-year note held at 1.42 percentage points
+11	Confusion over the near-term trend for rates dominated the municipal arena	gyrations in the stock market continued to buffet bonds
+2	Confusion over the near-term trend for rates dominated the municipal arena	gyrations in the stock market continued to buffet bonds
+11	Long tax-exempt dollar bonds were mostly flat to 3/8 point lower after a whipsaw session of moving inversely to stocks in modest dealer-led trading . Prices of pre-refunded municipal bonds were capped by news that Chemical Securities Inc. , as agent for a customer , will accept bids today for two large lists of bonds that include many such issues	several new issues were priced
+10	pulled down by Monday 's U.S. stock market gains	up by a wider-than-expected U.S. trade deficit and falling U.S. stock prices
+1	British government bonds surged on renewed volatility in the stock market	Japanese bonds ended weaker
+6	The current ceiling on home loans insured by the Federal Housing Administration would be increased to $ 124,875	the bill gives authority to the Bush administration to facilitate the refinancing of federally subsidized loans for low-income and moderate-income homeowners
+6	The second provision , affecting so-called 235 mortgages , has met strong opposition from investment bankers represented by the Public Securities Association	a squad of influential former Senate aides employed by the Wall Street firm Salomon Brothers came to the Capitol in a vain attempt to strip the provision
+6	By an 11-2 margin , Senate negotiators voted to preserve the 235 mortgage refinancing plan	despite powerful allies , the opposition found itself undercut by an unusual alliance of liberals and conservatives
+6	The government currently is subsidizing an estimated 23,000 loans above 11 % under the 235 program	however disruptive to private investors , the refinancing is expected to yield at least $ 15 million in savings in fiscal 1990
+6	This sum has been guarded jealously by appropriators anxious to offset spending elsewhere	conservative Sen. Phil Gramm cast the fight as a populist stand against monied interests
+11	The action came	the administration won final congressional approval of $ 9 million in assistance for elections scheduled in Nicaragua in February
+1	The bulk of the money would be funneled through the National Endowment for Democracy	the legislation is so vaguely written that it has been dogged by questions regarding the money 's true purpose and its ultimate destination
+1	The Senate had refused late Friday to invoke cloture and limit debate	behind the bipartisan leadership , a solid majority took shape yesterday and brushed aside amendments seeking to cut the total package or steer it away from direct aid to political parties
+1	Final approval -- on a 64-35 roll call -- was never in doubt	the opposition drew an unusual mix of senators , including Republicans Jesse Helms and Warren Rudman and Democrats Bill Bradley and John Glenn
+1	The money will be applied for voter registration and election monitoring	more than half is likely to go to the Union Nacional Opositora party
+6	such cash contributions may only undercut the opposition party 's standing	one irony is that under Nicaraguan law a major portion of the opposition party 's funds must be shared with the government 's Supreme Electoral Council
+1	The decision to raise the ceiling on FHA home loans still faces strong opposition in the House	it is driven by the same fiscal pressures that have forced lawmakers to resort to various bookkeeping devices to juggle as much as $ 1 billion in spending that would otherwise put the bill over budget
+5	to juggle as much as $ 1 billion in spending	that would put the bill over budget
+6	These costs will complicate the budget picture in fiscal 1991	the measure further commits Congress to a set of costly projects , including the first construction funds for the space station
+6	The station is promised $ 1.8 billion within the $ 5.36 billion provided for research and development in the National Aeronautics and Space Administration	the nation 's high-speed aerospace plane could receive as much as $ 60 million in new funds or transfers
+6	The station is promised $ 1.8 billion within the $ 5.36 billion provided for research and development in the National Aeronautics and Space Administration , and the nation 's high-speed aerospace plane -- cut by the Senate -- could receive as much as $ 60 million in new funds or transfers	the House agreed to add back $ 62 million to continue work on the advanced communications technology satellite , being developed by General Electric Co
+6	Similarly , the House agreed to add back $ 62 million to continue work on the advanced communications technology satellite	while setting a statutory limit of $ 1.6 billion on the automated space probe , the conference appropriated $ 30 million for the start-up of the CRAF-Cassini mission , a successor to the Voyager space probe
+1	And the conference appropriated $ 30 million for the start-up of the CRAF-Cassini mission , a successor to the Voyager space probe	setting a statutory limit of $ 1.6 billion on the automated space probe
+8	An estimated $ 1.57 billion is separately allocated for the National Science Foundation	within the Housing and Urban Development Department , more than $ 9.2 billion is provided for federally assisted housing , including an expanded effort to modernize public housing units that serve the poorest families
+1	the conference agreement is laced with veterans ' hospitals , environmental projects and urban grants designated for specific communities	the practice was discouraged in the past
+6	where the two houses had separately approved a total of 27 projects valued at $ 20 million	the conference added 15 more valued at $ 8 million to ostensibly preserve `` balance '' between the House and Senate
+10	where the two houses had separately approved a total of 27 projects valued at $ 20 million	the conference added 15 more valued at $ 8 million to ostensibly preserve `` balance '' between the House and Senate
+2	Yesterday 's conference agreement is the second major bill to emerge from negotiations this week	appropriators approved a fiscal 1990 transportation bill late Monday that includes a sweeping ban on smoking on most domestic airline flights
+6	Yesterday 's conference agreement is the second major bill to emerge from negotiations this week	a third conference report covering an $ 18.4 billion Treasury and Postal Service bill was sent to the Senate
+10	Separately , a third conference report covering an $ 18.4 billion Treasury and Postal Service bill was sent to the Senate	passing the House on a 383-30 roll call yesterday
+2	Separately , a third conference report covering an $ 18.4 billion Treasury and Postal Service bill was sent to the Senate	passing the House on a 383-30 roll call yesterday
+6	Separately , a third conference report covering an $ 18.4 billion Treasury and Postal Service bill was sent to the Senate after passing the House on a 383-30 roll call yesterday	after weeks of delay , the appropriations process is beginning to take some final shape
+6	Defense and foreign aid are the two most critical areas remaining from the administration 's standpoint	among domestic programs , the most serious threat is White House opposition to abortion riders attached to separate bills funding the District of Columbia and Department of Health and Human Services
+6	The same issue threatens to spill over to the foreign aid debate	Mr. Bush also is threatening to veto any agreement that preserves Senate-passed provisions renewing U.S. support for the United Nations Fund for Population Activities
+6	The same issue threatens to spill over to the foreign aid debate	and Mr. Bush is threatening to veto any agreement that preserves Senate-passed provisions renewing U.S. support for the United Nations Fund for Population Activities
+2	Markets usually get noticed	they soar or plunge
+6	Gold tried to rally on Monday but ran into the same situation that has subdued gold prices for more than a year	stock market investors seeking greater safety are veering toward buying bonds rather than precious metals
+2	Also stock market investors seeking greater safety are veering toward buying bonds rather than precious metals	we are tending more toward a disinflationary economy that does n't make gold and precious metals attractive
+10	when they bought gold	the stock market crashed
+2	and ended up losing money	gold prices subsequently fell
+6	At the moment gold traders are n't concerned about inflation	as for the dollar , `` gold 's association with the currency has been diminishing recently so drops in the currency are n't having much impact on gold
+2	and as for the dollar , `` gold 's association with the currency has been diminishing recently	drops in the currency are n't having much impact on gold
+2	There is little incentive on the part of traders to sell gold	the stock market may go lower and gold may retain some of its ` flight to safety ' quality
+6	because the stock market may go lower	gold may retain some of its ` flight to safety ' quality
+2	because the stock market may go lower	gold may retain some of its ` flight to safety ' quality
+2	There is little incentive to buy gold	if the stock market goes higher , it may be just a false alarm
+3	because it may be just a false alarm	the stock market goes higher
+1	I do n't know what it means over the long run	for the short term , it appears that gold producers are grateful for the $ 10 or so that gold has risen over the past week or so
+10	letting prices rise as much as possible	selling
+2	The dollar has n't reacted much to it	gold has n't either
+11	Crude oil prices rose slightly in lackluster activity	traders in the pits tried to assess action in the stock market
+2	Crude oil prices rose slightly in lackluster activity	traders in the pits tried to assess action in the stock market
+2	participants in all markets have been wary	stock market indexes plummeted last Friday
+10	participants in all markets have been wary	stock market indexes plummeted last Friday
+10	oil prices are expected to rise as supply and demand fundamentals once again become the major consideration	traders become confident that the stock market has stabilized
+2	oil prices are expected to rise as supply and demand fundamentals once again become the major consideration	traders become confident that the stock market has stabilized
+11	to rise	supply and demand fundamentals once again become the major consideration
+2	to rise	supply and demand fundamentals once again become the major consideration
+6	Crude oil for November delivery edged up by 16 cents a barrel to $ 20.75 a barrel	Heating oil prices rose
+11	The prices of cattle , hogs and pork belly futures contracts rebounded	livestock traders shook off fears that the Friday stock market plunge would chill consumer spending , which in turn would hurt retail sales of beef and pork
+2	The prices of cattle , hogs and pork belly futures contracts rebounded	livestock traders shook off fears that the Friday stock market plunge would chill consumer spending , which in turn would hurt retail sales of beef and pork
+10	that the Friday stock market plunge would chill consumer spending	which would hurt retail sales of beef and pork
+2	that the Friday stock market plunge would chill consumer spending	which would hurt retail sales of beef and pork
+6	The prices of cattle , hogs and pork belly futures contracts rebounded as livestock traders shook off fears that the Friday stock market plunge would chill consumer spending	Cattle futures prices were supported yesterday by signs that supermarket chains are making plans to increase their promotions concerning beef
+2	Traders are especially sensitive to reports of possible U.S. soybean sales	U.S. exports are lagging
+1	Corn futures prices rose slightly	wheat prices settled mixed
+1	The nations of southern Africa know a lot about managing elephants	the nations of Europe and North America have decided they know better
+1	Many delegates were willing to craft a compromise	U.S. delegate Constance Harriman and others thundered that down
+6	they would not honor what one Zimbabwean delegate wryly called the `` made in Switzerland '' solution	they seemed a mite resentful
+6	About 45 % of requests for SBA relief loans come from small businesses , compared with a 25 % business share after most disasters	which are available to homeowners
+10	it was flooded with 10,000 calls	NBC weather man Willard Scott broadcast the hot-line number
+2	it was flooded with 10,000 calls	NBC weather man Willard Scott broadcast the hot-line number
+6	It helps us	people feel better talking to someone who 's gone through the same thing
+11	HEALTH BENEFITS remain a central lobbying effort	Section 89 fades
+10	The Senate still is expected to join the House in voting to kill the law , which forces companies to provide comparable benefits to laborers and executives alike	deleting Section 89 repeal from its deficit-reduction bill
+0	after deleting Section 89 repeal from its deficit-reduction bill	The Senate is expected to join the House in voting to kill the law
+6	In lobbying on other health-coverage topics , the National Federation of Independent Business will press for legislation that would give self-employed people a 100 % tax deduction for their own health plans , up from 25 % currently	the group will urge that the federal government pre-empt state rules on what must be covered by employers ' health insurance
+6	And the group will urge that the federal government pre-empt state rules on what must be covered by employers ' health insurance	Small-business groups will fight the medical-leave provision of legislation that would expand parental leaves
+8	Small-business groups also will fight the medical-leave provision of legislation that would expand parental leaves	they still oppose as too costly an employer-paid health insurance bill sponsored by Sen. Edward Kennedy ( D. , Mass . ) despite his proposal to phase in small business only gradually
+6	And they still oppose as too costly an employer-paid health insurance bill sponsored by Sen. Edward Kennedy ( D. , Mass . ) despite his proposal to phase in small business only gradually	There is worry that the Pepper Commission studying long-term health care will again push lawmakers toward employerpaid solutions
+10	Sen. Lloyd Bentsen ( D. , Texas ) was outraged	a private word to John Motley , lobbyist for the National Federation of Independent Business , resulted in a news release saying that the Senate Finance Committee chairman would recommend repeal of Section 89
+2	Sen. Lloyd Bentsen ( D. , Texas ) was outraged	a private word to John Motley , lobbyist for the National Federation of Independent Business , resulted in a news release saying that the Senate Finance Committee chairman would recommend repeal of Section 89
+1	it was issued without the senator 's permission	the announcement was true in the end
+2	Small-business suppliers want prisons to stop getting high priority	prison production grows with swelling inmate populations
+11	Small-business suppliers want prisons to stop getting high priority	prison production grows with swelling inmate populations
+1	The plan would increase the warranty on auto-emission systems to eight years or 80,000 miles from five years or 50,000 for major parts	the warranty on simpler parts would be lowered to two years or 24,000 miles
+2	they would benefit	car owners would be less likely to go back to dealers for the simpler repairs after two years
+1	The garage owners say they would benefit because car owners would be less likely to go back to dealers for the simpler repairs after two years	The repair shops are n't united
+10	the longer the warranty , the longer customers will automatically return to new-car dealers	which find non-warranty work that might otherwise go to repair shops
+5	which then find non-warranty work	that might go to repair shops
+0	they 'd prefer to work in or own a small company	most take jobs with large concerns
+11	Mr. McKinney , 50 years old , was chairman and chief executive of American Fletcher Corp. , Indianapolis	that bank holding company merged into Banc One in January 1987
+2	Mr. McKinney plans to retire	the process of affiliating American Fletcher into Banc One `` is considered completed
+6	the proposed recaptilization may `` limit the company 's ability to realize its profit potential	that paying dividends from a new series of preferred could squeeze `` basic business operations
+10	the voices of skepticism were all but drowned out by an international chorus of euphoria	the Soviets announced their last soldier had left Afghanistan in February
+2	the voices of skepticism were all but drowned out by an international chorus of euphoria	the Soviets announced their last soldier had left Afghanistan in February
+10	a Soviet-controlled regime remains in Kabul , the refugees sit in their camps , and the restoration of Afghan freedom seems as far off as ever	Gen. Boris Gromov walked across the bridge into the U.S.S.R
+8	a Soviet-controlled regime remains in Kabul , the refugees sit in their camps	the restoration of Afghan freedom seems as far off as ever
+1	Those who bought that illusion are now bewildered	there never was a chance that the Afghan resistance would overthrow the Kabul regime quickly and easily
+1	The terms of the Geneva accords leave Moscow free to provide its clients in Kabul with assistance of any kind -- including the return of Soviet ground forces	requiring the U.S. and Pakistan to cut off aid
+3	that U.S. aid to the resistance would continue	Soviet aid to Kabul did
+11	that U.S. aid to the resistance would continue	Soviet aid to Kabul did
+0	The only fly in the Soviet ointment was the last-minute addition of a unilateral American caveat , that U.S. aid to the resistance would continue as long as Soviet aid to Kabul did	as soon as the accords were signed , American officials sharply reduced aid
+10	But American officials sharply reduced aid	the accords were signed
+7	Since the troop withdrawal , Moscow has poured in an additional $ 200 to $ 300 million worth per month -- nearly $ 2 billion since February , equivalent to the total U.S. aid to the resistance in nine years	By early May , Moscow had delivered 1,000 trucks , about 100 tanks , artillery and hundreds of other combat vehicles
+1	that the regular Afghan infantry is filled with reluctant conscripts	this is not the entire Afghan army , and it is no longer Kabul 's only military force
+6	But this is not the entire Afghan army	it is no longer Kabul 's only military force
+6	Complete units have been trained and indoctrinated in the U.S.S.R. and other East bloc nations ; 30,000 to 40,000 of these troops have returned	the regime has established well-paid paramilitary forces totaling more than 100,000 , including 35,000 Soviet-trained troops of the Interior Ministry ( KHAD/WAD )
+0	they are now dependent on it	not all these forces are committed to the regime
+3	they are now dependent on it	not all these forces are committed to the regime
+6	Even if not all these forces are committed to the regime , they are now dependent on it	thousands of Afghan children have been taken to the Soviet Union , where they are hostage for the behavior of their families
+6	Since 1981 , Indian military advisers have been assisting the Kabul regime	Cuban military personnel have been active in Afghanistan since 1979
+6	Those who bought that illusion are now bewildered.Eight months after Gen. Boris Gromov walked across the bridge into the U.S.S.R. , a Soviet-controlled regime remains in Kabul , the refugees sit in their camps , and the restoration of Afghan freedom seems as far off as ever	serious questions have been raised about the claimed withdrawal of Soviet forces
+10	President Zia of Pakistan repeatedly stated that fresh Soviet troops were being inserted into Afghanistan even as others were ostentatiously withdrawn	his assassination in 1988
+11	that fresh Soviet troops were being inserted into Afghanistan	others were ostentatiously withdrawn
+6	a Soviet-controlled regime remains in Kabul , the refugees sit in their camps , and the restoration of Afghan freedom seems as far off as ever	the Kabul regime is increasingly successful at portraying the resistance as bloody-minded fanatics
+11	a Soviet-controlled regime remains in Kabul , the refugees sit in their camps , and the restoration of Afghan freedom seems as far off as ever	the Kabul regime is increasingly successful at portraying the resistance as bloody-minded fanatics
+7	This heavy outside support for the worst has undermined better , moderate leaders	In autumn last year the regime garrison at Kandahar was prepared to surrender the city to resistance moderates.At the last minute , however , Pakistani officials sent in Gulbuddin Hekhmatyar , perhaps the most hated and feared of the extremists , with a demand that the surrender be made to his forces
+1	In autumn last year , for example , the regime garrison at Kandahar was prepared to surrender the city to resistance moderates	At the last minute Pakistani officials sent in Gulbuddin Hekhmatyar , perhaps the most hated and feared of the extremists , with a demand that the surrender be made to his forces
+6	The deal fell through	Kandahar remains a major regime base
+2	The deal fell through	Kandahar remains a major regime base
+5	to use guerrilla action and siege tactics to wear down the regime	they were pressured by Pakistan 's ISI , the channel for their support , into attacking Jalalabad
+1	not that the resistance has failed to topple the Kabul regime	that it continues to exist and fight at all
+10	they had resumed military aid to the resistance months	it was cut off
+1	they had resumed military aid to the resistance months after it was cut off	it is not clear how much is being sent or when it will arrive
+6	how much is being sent	when it will arrive
+6	Thus far there is no indication that they have been re-supplied with Stingers or other anti-aircraft weapons	U.S. officials have indicated to the press that the continuation of aid depends on what success the weakened resistance achieves by the end of this year
+1	Nothing stirred the soul of Ronald Reagan and his disciples as much as the crusade to aid Nicaragua 's Contra rebels , or the dream of building a space-based defense shield to knock out Soviet nuclear missiles	under Mr. Reagan 's preferred successor , President Bush , those two cherished national-security causes are withering on the vine
+6	Yet under Mr. Reagan 's preferred successor , President Bush , those two cherished national-security causes are withering on the vine	surprisingly , little more than a whimper of protest is being heard
+0	And , surprisingly , little more than a whimper of protest is being heard	Reaganauts once breathed fire supporting the Contras and the Strategic Defense Initiative
+1	The programs have arthritis	you look around . . . and you say , ` Who are the leaders ? Who is going to carry the water
+6	you look around	you say , ` Who are the leaders ? Who is going to carry the water
+10	you look around	you say , ` Who are the leaders ? Who is going to carry the water
+1	Mr. Bush has n't been a passionate champion of either cause , as Mr. Reagan was	he nominally supports both programs
+11	that there is n't more of a conservative outcry	the Bush administration lets the programs slip down the national-priority list
+1	A combination of factors -- a weariness among some conservatives , a decline in the perception of a Soviet threat and a preoccupation with other issues -- seem to explain the strange tranquility	Above all conservative Republicans who have championed both the Contras and SDI are reluctant to attack a Republican president for failing to do more
+1	Above all , though , conservative Republicans who have championed both the Contras and SDI are reluctant to attack a Republican president for failing to do more	that reluctance may be receding
+6	We want to complain , we want to say something about it	we 're going to as it gets worse
+11	and we 're going to	it gets worse
+1	We want to complain , we want to say something about it , and we 're going to as it gets worse	it 's like kicking your father in the pants
+2	You hate to do it	he 's your father
+10	to provide nonlethal aid to the Contras	Nicaragua holds national elections next February
+1	Mr. Bush has struck a deal with congressional leaders to provide nonlethal aid to the Contras	the administration has dropped any effort to win military aid for the rebels
+6	But the administration has dropped any effort to win military aid for the rebels	the administration 's deal with Congress gives several congressional committees the right to cut off even humanitarian aid next month
+1	And the administration 's deal with Congress gives several congressional committees the right to cut off even humanitarian aid next month	the committees are likely to let aid continue until February
+6	there 's little prospect the Contras can be a significant fighting force without U.S. arms	after the February election their future in any form will be murky at best
+6	The administration continues to support SDI , or Star Wars	it recently lobbied to persuade the Senate to restore some of the funds it planned to cut from the program
+8	and it recently lobbied to persuade the Senate to restore some of the funds it planned to cut from the program	just last week , Defense Secretary Dick Cheney gave a strong speech listing `` compelling reasons '' to push ahead with SDI and saying he 'd urge President Bush to veto a defense bill with `` inadequate '' funding for the program
+1	And just last week , Defense Secretary Dick Cheney gave a strong speech listing `` compelling reasons '' to push ahead with SDI and saying he 'd urge President Bush to veto a defense bill with `` inadequate '' funding for the program	the strong pitch by Mr. Cheney may be too little too late to prevent damage to SDI
+6	The House has already voted for a deep cut in funding	in the end the program 's backers will be hard pressed to head off some reduction in spending next year
+6	The House has already voted for a deep cut in funding , and in the end the program 's backers will be hard pressed to head off some reduction in spending next year	while the defense secretary is speaking out , President Bush himself has n't launched any high-visibility campaign to drum up support , as President Reagan did
+6	And President Bush himself has n't launched any high-visibility campaign to drum up support , as President Reagan did	The administration acknowledges that it is n't pursuing Mr. Reagan 's original vision of an `` impenetrable shield '' protecting the whole U.S. , but rather a more modest version
+1	The Soviets have agreed to complete a treaty cutting strategic weapons without including restrictions on space-based defenses	the Soviets also are insisting that they will reserve the right to withdraw from the completed strategic-arms treaty later on if the U.S. does SDI testing or deployment that the Soviets think violates the existing anti-ballistic-missile treaty
+6	The Soviets have agreed to complete a treaty cutting strategic weapons without including restrictions on space-based defenses	But the Soviets are insisting that they will reserve the right to withdraw from the completed strategic-arms treaty later on if the U.S. does SDI testing or deployment that the Soviets think violates the existing anti-ballistic-missile treaty
+2	It will be hard down the road to persuade Congress to approve money for SDI plans if lawmakers fear those plans could scuttle a completed treaty	Frank Gaffney , a former Reagan Pentagon aide who now heads the Center for Security Policy , charges that the administration 's `` professions of continued commitment to development and deployment of the SDI program strain credulity
+1	More ominous to SDI supporters , the Bush administration appears to have tacitly accepted a new arms-control proposal from the Soviet Union that spells long-term trouble for Star Wars	proponents may be shying away from more drumbeating because they sense political tides have turned against arming the Nicaraguan rebels or boosting spending on SDI
+2	Still , proponents may be shying away from more drumbeating	they sense political tides have turned against arming the Nicaraguan rebels or boosting spending on SDI
+2	because they sense political tides have turned against arming the Nicaraguan rebels or boosting spending on SDI	the public perceives the Soviet threat is declining under Mikhail Gorbachev
+11	because they sense political tides have turned against arming the Nicaraguan rebels or boosting spending on SDI	the public perceives the Soviet threat is declining under Mikhail Gorbachev
+6	Still , proponents may be shying away from more drumbeating because they sense political tides have turned against arming the Nicaraguan rebels or boosting spending on SDI	some conservatives may simply be so pleased that their anti-communist philosophy is prevailing that they do n't have the fire at the moment to push controversial programs
+2	In fact some conservatives may simply be so pleased that their anti-communist philosophy is prevailing that they do n't have the fire at the moment to push controversial programs	communism seems to be beating a global retreat
+1	Some activists are toiling to raise the profile of the two causes	they ca n't make much headway because of a lack of willing leaders in a position to turn the tide
+1	Other conservative champions , like Wyoming Republican Sen. Malcolm Wallop , a longtime SDI advocate , do n't have the clout with the Bush White House that they enjoyed with President Reagan	Above all neither the Contra nor the SDI cause can be pushed much further without more presidential support
+3	What I 'd like to see is for Reagan to take to the hustings to regenerate enthusiasm for SDI	he is up to it
+10	His recent speech caused an uproar	its title leaked out
+2	His recent speech caused an uproar	its title leaked out
+1	that other participants in the conference `` do not believe that the rights of Americans should be guaranteed to citizens who are homosexual	that `` I mean to persuade you to the opposite view
+2	we need to do the same for animals	we have finally recognized that American blacks have rights
+10	we need to do the same for animals	we have finally recognized that American blacks have rights
+2	Mr. Allen objected to this analogy	it seems to `` assimilate the status of blacks to that of animals -- as a mere project of charity , of humaneness
+11	He last made waves	he dared to defend an Indian girl who had been adopted by non-Indian parents off her reservation
+9	There is a huge divide between Mr. Allen 's we're-all-in-this-together view and the divisive litigation approach of the civil rights groups	the gap is so large that Mr. Allen 's critics refuse to engage the debate
+1	The exhibition by the U.S.-U.S.S.R.Trade and Economic Council underscores the growing U.S. interest in that nation 's market	trade between the two countries is a minuscule $ 3 billion
+1	In Beijing , meantime , China opened an international aviation show	the West 's embargo on military deals and uncertainty about the nation 's stability kept many foreign exhibitors away
+11	A Daikin executive in charge of exports	the high-purity halogenated hydrocarbon was sold to the Soviets in 1986
+2	Daikin 's `` responsibility is heavy	Õillegal exportså lowered international trust in Japan
+2	it is abandoning a proposed $ 650 million tree-farming project in Indonesia	it no longer expects to use as much eucalyptus pulp as previously anticipated
+1	The eucalyptus plantation and pulp mill , which would have covered about 175,000 acres in the Irian Jaya region , had been approved by Indonesia 's investment board	it was opposed by some environmentalists as a threat to Irian Jaya 's forests and a potential source of social unrest for the primitive tribes who inhabit them
+6	With funds of 5.56 billion Hong Kong dollars ( US $ 712 million ) , the new company , Yaohan International Co. , plans to acquire 10 of Hong Kong 's top restaurants	It intends to set up an international wholesale market with the Singapore government next May and to open a department store in Bangkok and shopping centers in Malaysia , Taiwan , Canada , Chicago and Seattle by December 1990
+8	to set up an international wholesale market with the Singapore government next May	to open a department store in Bangkok and shopping centers in Malaysia , Taiwan , Canada , Chicago and Seattle by December 1990
+1	Christie 's will soon have a sale of Dada and Symbolist art	Sotheby 's is luring collectors with sales of Swiss , German , Spanish , Australian and Canadian paintings
+11	Christie 's will soon have a sale of Dada and Symbolist art	Sotheby 's is luring collectors with sales of Swiss , German , Spanish , Australian and Canadian paintings
+10	Everything has to be the same between countries	there 'll be fair competition
+2	Everything has to be the same between countries	there 'll be fair competition
+1	the numbers were better than expectations , partly because of strong profit margins and a positive foreign-currency translation	the company 's flat revenue was a disappointment , and an indication that sales of Polaroid 's new conventional film in the U.S. have been sluggish
+3	there is n't a lot here to base optimism on	you believe that a good performance next year is contingent on an acceleration of revenue
+1	I do n't know about disappointing	that the company has n't been able to get the product on the shelves of some mass-merchandise , discount retailers that it had hoped would be carrying the product already
+10	It plunged 60.25 points before lunch	it rebounded to finish down only 18.65 points
+6	Yesterday , the Dow Jones Industrial Average did a now familiar dance : It plunged 60.25 points before lunch , with most of the drop occurring in 25 minutes.Then , it rebounded to finish down only 18.65 points	those swings paled beside Friday 's 190.58-point plunge and Monday 's 88.12-point recovery
+6	It 's madness	apparently , it is here to stay
+1	There are many reasons for the market 's jumpiness : new trading vehicles such as stock-index futures and options ; computer-driven strategies like program trading ; and crowd psychology	most are linked by a single theme : liquidity -- the ability to get in and out of the market quickly
+2	Prices are moving up and down so fast	investors are employing ways to turn over shares at ever-faster rates and increasingly acting in concert
+6	Like lemmings , we tend to move in the same direction at same time	that , naturally , exacerbates price movements
+1	Institutions count on being able to buy and sell big blocks of stock at an eye-blink	when they discover that markets are n't always as liquid as they supposed -- markets jump
+10	But markets jump	they discover that markets are n't always as liquid as they supposed
+2	But markets jump	they discover that markets are n't always as liquid as they supposed
+7	But when they discover that markets are n't always as liquid as they supposed -- markets jump	On Monday Howard Ward , a principal at Scudder , Stevens & Clark , found that `` you could n't buy blue-chips at quoted prices without paying up . '' And when many firms had to `` pay up , '' Monday 's sudden rally was sparked
+6	that `` you could n't buy blue-chips at quoted prices without paying up	when many firms had to `` pay up , '' Monday 's sudden rally was sparked
+10	And Monday 's sudden rally was sparked	many firms had to `` pay up
+2	And Monday 's sudden rally was sparked	many firms had to `` pay up
+0	that is , a way of staying liquid	they own stocks
+11	that is , a way of staying liquid	they own stocks
+2	It 's the idea that what goes in easy can come out easy	bouts of higher volatility get built into the stock market
+3	One new investment style called `` asset allocation '' shifts portfolio weightings between stocks , bonds and cash	computer models say one is more attractive
+7	One new investment style called `` asset allocation '' shifts portfolio weightings between stocks , bonds and cash when computer models say one is more attractive	First Quadrant Corp. , an asset allocator based in Morristown , N.J. , said it quickly boosted stock positions in its `` aggressive '' accounts to 75 % from 55 % to take advantage of plunging prices Friday
+10	It added another 5 % Monday	stocks rallied
+10	the firm reduced those stock holdings to about 70 %	they did
+3	by selling futures	stock prices dropped
+1	Before the 1987 crash , an estimated $ 60 billion in institutional money was managed under this hedging technique	in October 1987 , when portfolio insurers rushed to sell at the same time , they overwhelmed both the stock and futures markets
+1	But in October 1987 , when portfolio insurers rushed to sell at the same time , they overwhelmed both the stock and futures markets	even today , institutions are quietly practicing forms of portfolio insurance by nervously rushing to and fro in the markets
+1	Unlike traditional buy-and-hold strategies , all of the above require that market makers be on hand to provide liquidity by buying and selling stocks in a crunch	Wall Street brokerage firms are less willing to make markets
+6	Wall Street brokerage firms are less willing to make markets	Lack of liquidity can result from exchange `` reforms
+11	that `` circuit breakers '' put in place to damp volatility after the 1987 crash actually added to volatility	the stock market plunged Friday
+11	The circuit breakers caused a 30-minute shutdown in trading in Standard & Poor 's 500-stock index futures contract	the markets were falling
+10	they put you in a room with a gorilla and told you there were three doors to exit	they said , ` By the way , two of the doors are locked
+6	that `` circuit breakers '' put in place to damp volatility after the 1987 crash actually added to volatility when the stock market plunged Friday	The takeover mania adds to volatility
+10	the stock tumbled	the deal ran into trouble
+2	the stock tumbled	the deal ran into trouble
+1	There are many reasons for the market 's jumpiness : new trading vehicles such as stock-index futures and options ; computer-driven strategies like program trading ; and crowd psychology	traditional buy-and-hold investors are unlikely to generate sudden price moves
+8	the current volatility in U.S. markets pales in comparison to the 1930s , decades before derivative instruments such as options and futures were introduced	that before Friday 's tailspin , daily volatility on the New York Stock Exchange in recent weeks had reached `` historically low levels
+11	than it was	the stock market was lower
+1	that `` 1988 and 1989 have been two of the least volatile years in the last 30 or 40 years	the low average volatility Mr. Phelan is talking about is n't any comfort in a period of rapid stock-market moves like the past week
+6	But the low average volatility Mr. Phelan is talking about is n't any comfort in a period of rapid stock-market moves like the past week	volatile jumps in stock prices will continue as long as liquidity falls short of the voracious demands of institutions `` who can go out and say ` I have a billion dollars of stocks to sell
+3	volatile jumps in stock prices will continue	liquidity falls short of the voracious demands of institutions `` who can go out and say ` I have a billion dollars of stocks to sell
+11	volatile jumps in stock prices will continue	liquidity falls short of the voracious demands of institutions `` who can go out and say ` I have a billion dollars of stocks to sell
+1	part of the network will carry analyses of Galileo data once the craft gets spaceborn	the network is n't connected to the computer systems that operate either Galileo or the shuttle
+10	part of the network will carry analyses of Galileo data	the craft gets spaceborn
+1	the intruder had n't yet done any harm	the agency feared `` garbage data could be substituted for real data
+2	the Galileo worm had n't affected its computers or the computers of other government agencies	they had modified their systems to reject worms
+1	the Galileo worm had n't affected its computers or the computers of other government agencies because they had modified their systems to reject worms	the worm hit universities that had n't elected to make the changes
+10	it will display a screen that says , `` Worms Against Nuclear Killers . . . . You talk of times of peace for all , and then prepare for war	a user logs on
+6	If it finds one and gets into the system , it will display a screen when a user logs on that says , `` Worms Against Nuclear Killers . . . . You talk of times of peace for all , and then prepare for war	the worm sends strange messages to other machines at the center -- such as , `` George Orwell was an optimist , '' or `` Do n't feed the bats tonight
+6	In addition the worm sends strange messages to other machines at the center -- such as , `` George Orwell was an optimist , '' or `` Do n't feed the bats tonight	The worm looks for elementary passwords that confer more privileges on the user
+11	The passwords are included in the system software	it is installed
+10	but are supposed to be replaced	the system is up and running
+3	the worm will do such things as change users ' passwords to a series of random numbers	it finds one of those passwords
+10	it will take about a week	it knows exactly how many centers of the 6,000 connected to Internet were affected and the extent of the damage , if any
+2	Anti-nuclear activists have protested the launch of the Galileo space probe to Jupiter	it uses plutonium to generate the electricity needed to run the craft
+5	that if the shuttle carrying Galileo into orbit should explode	if Galileo itself crashes into the Earth during the two times it flies close to the planet
+1	It is now a commonplace that prosecutors are bringing criminal indictments in cases where until a few years ago only a civil action at most would have been brought	it is also axiomatic that the power to create new crimes belongs only to the legislature , and not to courts
+6	It is now a commonplace that prosecutors are bringing criminal indictments in cases where until a few years ago only a civil action at most would have been brought	Yet it is axiomatic that the power to create new crimes belongs only to the legislature , and not to courts
+1	that a judicial power to declare conduct to be against the public interest and hence criminal would usurp legislative authority under the doctrine of separation of powers	well established in British law
+1	That 's the conventional theory anyway	In practice the line between interpretation and redefinition of the criminal law long ago began to blur
+9	In practice , however , the line between interpretation and redefinition of the criminal law long ago began to blur	a common law of white-collar crime has developed with surprising rapidity over the past decade
+7	In particular , a common law of white-collar crime has developed with surprising rapidity over the past decade	although insider trading has long been criminal , it has never been statutorily defined
+0	For example it has never been statutorily defined	insider trading has long been criminal
+6	whether the tipper had breached his fiduciary duty to the corporation in order to obtain `` some personal gain	whether the tippee knew or recklessly disregarded this fact
+1	In 1983 , the Supreme Court tried to supply a workable definition in the Dirks v.SEC decision , which found that liability depended on whether the tipper had breached his fiduciary duty to the corporation in order to obtain `` some personal gain '' and whether the tippee knew or recklessly disregarded this fact	Gradually lower courts and prosecutors have pushed this definition to its breaking point
+10	She called her daughter to take her to the bank	who persuaded her husband , a Mr. Loeb , to run this errand
+6	the husband discussed it with his broker , Mr. Chestman	Mr. Chestman then bought for his own account and other clients
+10	the husband discussed it with his broker , Mr. Chestman	Mr. Chestman then bought for his own account and other clients
+10	the husband discussed it with his broker , Mr. Chestman	and Mr. Chestman bought for his own account and other clients
+3	and to whom	so
+3	and how	so
+5	Did Mr. Loeb , his tipper , breach a fiduciary duty Did Mr. Loeb seek personal gain	did Mr. Chestman only hear a market rumor
+10	Essentially , Mr. Freeman had invested heavily in the Beatrice leveraged buy-out	he was told by another prominent trader , Bernard `` Bunny '' Lasker , that the deal was in trouble
+10	Mr. Freeman called Martin Siegel , an investment banker at Kidder , Peabody & Co. to confirm these rumors	placing orders to sell
+8	Was there a fiduciary breach in order to obtain personal gain ? Did Mr. Freeman have notice of this	was the information material
+1	Had the case gone to trial the same issues would have surfaced	all these issues are subsidiary to a more central issue
+1	It is not my contention that either Mr. Chestman or Mr. Freeman was an innocent victim of prosecutorial overzealousness.Arguably , both were on notice that their behavior was at least risky	even if they behaved recklessly , reasons still exist to fear and resist this steady process of case-by-case judicial extension of the law of insider trading
+0	But reasons still exist to fear and resist this steady process of case-by-case judicial extension of the law of insider trading	they behaved recklessly
+3	this method has the undeniable strengths of factual specificity and avoidance of overgeneralization	only civil liability is involved
+1	this method has the undeniable strengths of factual specificity and avoidance of overgeneralization	case-by-case retrospective decision making of this sort is vulnerable to the tunnel vision caused by a fixation on ad hoc ( and usually sleazy ) examples
+3	it does not see the potentially enormous number of other cases that will be covered by the expanded rule	a court decides that a particular actor 's conduct was culpable and so extends the definition of insider trading to reach this conduct
+2	that a particular actor 's conduct was culpable	and extends the definition of insider trading to reach this conduct
+2	When a court decides that a particular actor 's conduct was culpable and so extends the definition of insider trading to reach this conduct , it does not see the potentially enormous number of other cases that will be covered by the expanded rule	a court is poorly positioned to make judgments about the social utility of the expanded rule
+7	Thus , a court is poorly positioned to make judgments about the social utility of the expanded rule	in focusing on Mr. Freeman 's attempt to gain nonpublic information about a deal 's collapse , one does not naturally think about the reverse side of the coin : What if the rumor had been false
+6	In the past , not only would reputable professionals have rushed to check out such rumors with the company	companies listed on the major stock exchanges were encouraged by the exchanges to respond openly to such inquiries from securities analysts
+10	the legislature typically will hear the views of representatives of all those affected by its decision , not just the immediate parties before the court	it acts
+8	Before it acts , the legislature typically will hear the views of representatives of all those affected by its decision , not just the immediate parties before the court	the legislature can frame `` bright line '' standards that create less uncertainty than the fact-bound decisions of courts
+1	judicial lawmaking inevitably creates uncertainty because of the shadowy outer edges and implications of most judicial decisions	legislative lines can result in under-inclusion
+3	uncertainty in turn results in overinclusion	the stakes are high
+10	judicial lawmaking inevitably creates uncertainty because of the shadowy outer edges and implications of most judicial decisions	uncertainty results in overinclusion
+2	uncertainty in turn results in overinclusion	individuals do not dare to approach an uncertain line closely
+1	In 1987 , the Supreme Court attempted in McNally v.U.S . to halt the inexorable expansion of these statutes by adopting a rule of strict construction for ambiguous criminal statues	late last year , Congress effectively reversed this decision by enacting a one-sentence statute that defined fraud to include any scheme to deprive another of `` the intangible right of honest services
+10	Congress finds it is easier to pass sweepingly moralistic prohibitions	which the courts must interpret
+3	Predictably prosecutors will exploit the latitude such openended statutes give them	confronted with morally dubious behavior
+1	Predictably , when confronted with morally dubious behavior , prosecutors will exploit the latitude such openended statutes give them	Over the long run sleazy cases will make bad law
+1	operating performance continued to be strong in the telecommunications and health and science segments	the specialty-material segment slowed somewhat and consumer products continued below expectations
+6	But the specialty-material segment slowed somewhat	consumer products continued below expectations
+6	profit was `` essentially flat '' due primarily to a slow recovery at Samsung-Corning Co. in Korea following a strike at a major customer and the disruption of shipments to China	profit was hurt by the strength of the dollar overseas which negatively affected the company 's currency-exchange rate
+10	Within 10 minutes after an 11:13 a.m. trading halt in UAL , parent of United Airlines , the Dow Jones Industrial Average plunged nearly 27 points to a 60.25-point deficit	Computer-guided buying kicked in
+2	Within 10 minutes after an 11:13 a.m. trading halt in UAL , parent of United Airlines , the Dow Jones Industrial Average plunged nearly 27 points to a 60.25-point deficit	Computer-guided buying kicked in
+6	Computer-guided buying then kicked in	the industrials regained 27 points in five minutes
+2	Computer-guided buying then kicked in	the industrials regained 27 points in five minutes
+11	to limit their buying to blue-chip stocks	dumping takeover-related issues
+6	to limit their buying to blue-chip stocks	dumping takeover-related issues
+1	Investors were buying yesterday	they were running scared to premier blue chips such as Procter & Gamble , which jumped 3 3/8 to 127
+8	Citicorp fell 1/2 to 32	Manufacturers Hanover slipped 3/8 to 40 1/4
+11	In the first hour of trading , about one million shares a minute changed hands on the Big Board	big stock-index arbitrage sell programs pushed prices lower
+2	In the first hour of trading , about one million shares a minute changed hands on the Big Board	big stock-index arbitrage sell programs pushed prices lower
+8	Delta Air Lines fell 1 7/8 to 67 7/8 , USAir Group dropped 3/4 to 40 1/4 , Southwest Airlines dipped 1/2 to 25	Alaska Air Group slid 3/8 to 24 1/4
+1	Aside from computer-guided selling , airline stocks took a beating as well.The Dow Jones Transportation Average fell 49.96 to close at 1254.27	Texas Air , the owner of Continental and Eastern airlines , bucked the group 's decline by rising 7/8 to 14 5/8 in American Stock Exchange trading
+10	it is ahead of schedule in resuming its operations	filing earlier this year for Chapter 11 bankruptcy protection
+6	Philip Morris , the most active Big Board issue for the second consecutive session , was unchanged at 43 1/4 on 3.9 million shares	Other blue-chip consumer issues fared relatively well
+8	Coca-Cola Co. was unchanged at 66 3/4	McDonald 's closed unchanged at 30 1/2
+8	PepsiCo rose 1 3/8 to 58 1/2 ; Coca-Cola Co. was unchanged at 66 3/4 ; McDonald 's also closed unchanged at 30 1/2	Merck rose 1/2 to 75 1/4
+6	The Dow Jones Transportation Average fell 49.96 to close at 1254.27	Broader averages fell
+8	Standard & Poor 's 500-stock index fell 1.69 to 341.16	the New York Stock Exchange Composite Index fell 0.88 to 188.89
+8	which closed down 2 1/8 to 121 1/4.Philips Industries tumbled 3/8 to 22 7/8 ; Hilton Hotels fell 2 1/2 to 92	Holiday Corp. fell 2 1/8 to 69 7/8
+8	International Paper fell 1 3/8 to 51 1/2 , Union Carbide eased 7/8 to 25 , Chevron gained 1/8 to 64	Eastman Kodak closed down 3/4 to 44 1/4
+6	In the first hour of trading , about one million shares a minute changed hands on the Big Board	Trading was heavy in the over-the-counter market
+2	if guys see that they can make a quick 10 % or 15 % profit , they 'll take it	there is a lot more volatility now
+3	they 'll take it	guys see that they can make a quick 10 % or 15 % profit
+3	it may be forced to file under Chapter 11	it ca n't reach an agreement with its lenders to relieve its debt burden
+2	the turmoil on Wall Street may benefit managers who plan to bid for U.S. retailing units of the British firm	takeover prices may not be as high as before the recent correction
+10	reacting to the news about improved recovery in flight schedules	the company filed for bankruptcy protection
+1	a profit is expected for all of fiscal 1990	Enviropact 's financial situation raises `` substantial doubt about its ability to continue as a going concern
+1	ONE LIBERTY PROPERTIES Inc. declared a dividend of 40 cents a share on its $ 16.50 cumulative convertible preferred stock , payable Jan. 2 to stock of record Dec. 8	directors of the Great Neck , N.Y. , real estate investment trust did n't act on the common stock dividend
+6	But directors of the Great Neck , N.Y. , real estate investment trust did n't act on the common stock dividend	they wo n't consider such a dividend before results are available for the first quarter of 1990
+10	And they wo n't consider such a dividend	results are available for the first quarter of 1990
+6	October is a big rollover month	perhaps they anticipate greater demand . . . among people leaving the stock market
+6	deposits Monday were about $ 5 million higher than usual	it expects more activity as investors receive the proceeds from sales of stock
+11	and it expects more activity	investors receive the proceeds from sales of stock
+2	and it expects more activity	investors receive the proceeds from sales of stock
+1	there has n't yet been `` a discernible response	the ad included a coupon that could arrive later in the week
+7	when a number of banks and thrifts already have promotions under way	First National Bank of Boston is offering certain new depositors an extra quarter of a percentage point on six-month and 12-month CDs
+7	Some banks actually boosted yields on the shortest term CDs in the latest week	New York 's Citibank increased the yield on small-denomination three-month CDs to 8 % from 7.9 %
+1	Some banks actually boosted yields on the shortest term CDs in the latest week	On average three-month CDs at major banks are yielding a tenth of a percentage point less than they were a week ago
+11	Six-month CDs of $ 50,000 and less yielded an average 8.02 % in the week ended Tuesday , down from 8.10 % , according to Banxquote.The yield on six-month T-bills fell to 7.82 % on Monday , from 8.01 % the week before	the average yield on six-month CDs of more than $ 90,000 fell to 7.93 % in the latest week , according to Banxquote , from 8.10 % the week before
+6	Six-month CDs of $ 50,000 and less yielded an average 8.02 % in the week ended Tuesday , down from 8.10 % , according to Banxquote.The yield on six-month T-bills fell to 7.82 % on Monday , from 8.01 % the week before	the average yield on six-month CDs of more than $ 90,000 fell to 7.93 % in the latest week , according to Banxquote , from 8.10 % the week before
+1	that actual rates are almost identical on small and large-denomination CDs	yields on CDs aimed at the individual investor are boosted by more frequent compounding
+6	Meanwhile , the average yield on six-month CDs of more than $ 90,000 fell to 7.93 % in the latest week , according to Banxquote , from 8.10 % the week before	CDs sold by major brokerage houses posted larger drops in yields
+7	CDs sold by major brokerage houses also posted larger drops in yields	A six-month , broker-sold CD was yielding an average 8.09 % in the latest week , a fifth of a percentage point lower than the week before
+10	rates were down about half a percentage point	the market drop
+1	the administration probably will agree to a multibillion-dollar increase	the U.S. share of the increase probably will not reach the $ 12 billion or more implicit in the IMF 's request for a doubling of its $ 90 billion capital
+1	there is a clear economic case against it	international politics may argue for the capital increase
+11	that the IMF practices central planning	supporting ineffective governments
+6	that the IMF practices central planning	supporting ineffective governments
+8	that the administration give assurances that liberal Democrats ' support will not be used against them in congressional re-election campaigns	that the legislation address -- with dollars -- social and environmental concerns
+2	a scaled-down IMF mission would leave both feeling shortchanged	commercial banks and the developing-country governments believe they will get a piece of any capital increase
+6	a scaled-down IMF mission would leave both feeling shortchanged	a U.S. rejection of the capital increase ( and transfer of shares to Japan ) would give Japan an argument against future calls for economic burden-sharing
+1	Furthermore , a U.S. rejection of the capital increase ( and transfer of shares to Japan ) would give Japan an argument against future calls for economic burden-sharing	a decision to increase the IMF 's capital would reinforce the central economic role of multilateral institutions in developing countries
+11	Upping the ante could slow economic development even further	countries delay market-opening steps in anticipation of richer multilateral support
+2	Upping the ante could slow economic development even further	countries delay market-opening steps in anticipation of richer multilateral support
+3	conservatives do n't support an increase in the IMF 's capital	it is incumbent on them to speak up now and explain the alternative
+6	The Merc fined Mr. Roberts $ 15,000 and suspended his trading membership for three years	he and Mr. Stein were ordered to make restitution of $ 35,000 to a customer
+5	that as part of the disciplinary settlement man admitted	denied the alleged violations
+6	In a move that could pose a new competitive challenge to Time Warner Inc. 's powerful Home Box Office , cable giant Tele-Communications Inc. agreed to buy half of Showtime Networks Inc. from Viacom Inc. for $ 225 million	which has discussed the sale of an interest in Showtime with other cable operators
+1	HBO has close to 24 million subscribers to its HBO and Cinemax networks	Showtime and its sister service , The Movie Channel , have only about 10 million , according to Paul Kagan Associates , a Carmel , Calif. , research firm
+1	as the largest cable operator , with control of close to 12 million of the nation 's 52 million cable subscribers , TCI is HBO 's largest customer	TCI President John Malone has long been concerned about HBO 's dominance of the pay TV business , and has been eager to keep Showtime as a healthy competitor
+6	Showtime 's suit against HBO `` does n't involve us	nothing we 're doing here bears any relationship to that
+6	Time Warner owns American Television & Communications Inc. , the nation 's second largest cable operator after TCI	Viacom owns cable systems
+1	Viacom also owns cable systems	it is the 14th largest operator of such systems , with less than one million subscribers
+2	The fight between HBO and Showtime is particularly acrimonious	Mr. Biondi is the former chief executive of HBO , and Mr. Cox served as chief of marketing for the service
+8	Mr. Biondi is the former chief executive of HBO	Mr. Cox served as chief of marketing for the service
+10	Boeing Co. , already struck by its Machinists union , briefly called off contract talks with its engineers and labeled their demands `` grossly excessive	however , the company agreed to meet on Monday with the Seattle Professional Engineering Employees Association after a federal mediator intervened , according to the union
+1	Boeing Co. briefly called off contract talks with its engineers	Later the company agreed to meet on Monday with the Seattle Professional Engineering Employees Association according to the union
+10	Later , however , the company agreed to meet on Monday with the Seattle Professional Engineering Employees Association according to the union	a federal mediator intervened
+11	Later , however , the company agreed to meet on Monday with the Seattle Professional Engineering Employees Association after a federal mediator intervened , according to the union	a federal mediator is scheduled to meet today with Boeing officials and representatives of 55,000 striking Machinists
+6	that would have provided a 10 % pay raise plus bonuses over the three-year life of the contract	It would have reduced mandatory overtime
+1	Investor Asher Edelman increased his stake in Intelogic Trace Inc. and cleared the way for additional purchases	It was n't clear whether the actions were related to a battle between the corporate raider and New York attorney Martin Ackerman for control of Datapoint Corp. , a San Antonio , Texas-based data-processing systems maker
+10	Intelogic Trace , a computer services company , was spun off to Datapoint holders in 1985	Mr. Edelman gained control
+10	the corporate raider purchased 30 % of Datapoint 's shares	Mr. Ackerman announced he was soliciting consents from shareholders in order to wrest control of Datapoint from Mr. Edelman
+6	In a Securities and Exchange Commission filing , Mr. Edelman said from Sept. 29 to Oct. 13 , he acquired 309,500 shares of Intelogic common shares for $ 2.25 to $ 2.375 each	The filing said certain provisions which apply to persons acquiring 20 % or more of Intelogic common stock , were waived by Intelogic for Mr. Edelman
+2	that current government policy is failing to stem the AIDS epidemic	it suggests the use of condoms can make sex `` safe
+1	because it suggests the use of condoms can make sex `` safe	The only safe sex is sex between uninfected partners
+6	The only safe sex is sex between uninfected partners	testing is the only way to learn of infection
+6	The federal government should make free , voluntary testing for the AIDS virus the cornerstone of an expanded campaign to stop the spread of acquired immune deficiency syndrome	that federal and state governments provide free treatment to all who test positive
+1	An unexpectedly sharp widening in the U.S. trade gap for August dragged the dollar lower Tuesday	profit-taking on short positions helped the currency rebound to close mixed against major counterparts
+6	Soon after the release of the U.S. trade figures , the dollar plunged to an intraday low of 140.95 yen	It declined against the mark but did n't reach its intraday low of 1.8435 marks until two hours later
+1	that while the figures appear to indicate a sadly deteriorating U.S. trade performance	there 's enough positive news in the data to justify buying dollars
+8	that while the U.S. trade gap with Canada has widened significantly , the trade deficit with Western Europe and Japan continues to narrow	that manufactured goods exports are still rising
+10	In Tokyo Wednesday , the U.S. currency opened for trading at 142.55 yen , unchanged from Tuesday 's Tokyo close	the U.S. currency fell to about 142.25 yen on news reports of the San Francisco earthquake
+6	that the recent injection of liquidity into the U.S. banking system has been modest	they do n't anticipate significant easing by the U.S. Federal Reserve
+1	The move , which injects capital into the system , is seen as an effort to reassure the finanicial markets that the U.S. central bank is ready to provide the ample liquidity	other analysts contend that while the Fed 's move to loosen credit has n't been aggressive , it nevertheless sends a clear signal that , at least for now , the Fed has relaxed its grip on credit
+0	while the Fed 's move to loosen credit has n't been aggressive	that it sends a clear signal that , at least for now , the Fed has relaxed its grip on credit
+6	it settled a four-year-old patent infringement case against Linear Technology Corp. by accepting a $ 3 million payment from Linear in exchange for granting Linear irrevocable licenses for all products involved	The two companies agreed to settle any future property rights issues over the next 10 years through binding arbitration
+2	Linear Technology , Milpitas , Calif. , called the settlement `` positive	products covered by the disputed patents account for about 20 % of its annual sales
+5	The first two games of the World Series between the Oakland Athletics and San Francisco Giants did n't finish in the top 10	they landed in 16th and 18th place
+8	NBC had five of the top 10 shows ; ABC had four	CBS had one
+7	P & G already sells its Folgers ground roast coffee to food service concerns , but not to as many markets as Maryland Club	P & G up until now has n't sold coffee to airlines and does only limited business with hotels and large restaurant chains
+6	Houston-based Maryland Club Foods sells coffee under the Maryland Club and Butter-Nut brands to restaurants , hotels , offices and airlines	Maryland Club distributes tea
+8	to repay existing short-term debt	to finance capital spending
+2	President Bush will veto a bill funding the Departments of Labor , Education and Health and Human Services	it would allow federal funding of abortions for victims of rape and incest
+1	Mr. Bush had threatened a veto previously	he put off a firm decision while his aides and legislators searched for a compromise that would tighten requirements for such abortions in a way acceptable to the president
+11	But he put off a firm decision	his aides and legislators searched for a compromise that would tighten requirements for such abortions in a way acceptable to the president
+1	it will be extremely difficult for Mr. Bush 's opponents on the abortion issue to round up the votes needed to override the veto	there still may be prolonged debate and political maneuvering that holds up the $ 156.7 billion funding bill for the fiscal year that began Oct. 1
+1	he personally approves of abortions in the cases of rape , incest and danger to the life of the mother	he has opposed Medicaid funding of abortions for poor women who say they are victims of rape and incest
+10	DFC asked the central bank to appoint managers	it revised loan-loss provisions to around the same level of shareholders ' funds of 180 million New Zealand dollars ( US $ 105.4 million )
+0	An experimental vaccine can alter the immune response of people infected with the AIDS virus	that does n't mean they can benefit from the vaccine
+10	Its effectiveness ca n't be determined	a large clinical trial is undertaken by the Army in January , according to Robert Redfield , chief of acquired immune deficiency syndrome research at Walter Reed Army Institute of Research
+0	why infected people produce large quantities of antibodies	but deteriorate
+6	it reached an agreement to sell its Wiedemann division to recently created Murata Wiedemann Inc. , a U.S. affiliate of Murata Machinery Ltd. of Kyoto , Japan	The agreement includes the purchase of Cross & Trecker 's Warner & Swasey ( Switzerland ) AG unit by a European affiliate of Murata Machinery
+6	to sell its Wiedemann division to recently created Murata Wiedemann Inc. , a U.S. affiliate of Murata Machinery Ltd. of Kyoto , Japan The agreement also includes the purchase of Cross & Trecker 's Warner & Swasey ( Switzerland ) AG unit by a European affiliate of Murata Machinery	Cross & Trecker is selling its equity interest in a Japanese joint venture , Murata Warner Swasey , to Murata Machinery
+6	Bids totaling $ 465 million were submitted	accepted bids were at 8.292 %
+6	The average interest rate fell to 8.292 % at Citicorp 's $ 50 million weekly auction of 91-day commercial paper , or corporate IOUs , from 8.483 % at last week 's sale	that the average rate fell to 7.986 % at its $ 50 million auction of 182-day commercial paper from 8.1255 % at last week 's sale
+6	Bids totaling $ 415 million were submitted	accepted bids were at 7.986 %
+6	its 1989 first-half profit soared 88 %	that its previous estimate of a 50 % rise in earnings for all of 1989 will be exceeded by a wide margin
+6	the sharp improvement in net profit partly reflected a decline of 59 million francs in the group 's net loss from nonrecurring items in the first half of this year to 104 million francs from 163 million a year earlier	There was a decline in the group 's net financial costs to 25 million francs from 50 million a year before
+1	the sharp improvement in net profit partly reflected a decline of 59 million francs in the group 's net loss from nonrecurring items in the first half of this year to 104 million francs from 163 million a year earlier.There was also a decline in the group 's net financial costs to 25 million francs from 50 million a year before	These movements were offset by a steep rise in corporate income tax payments to 199 million francs from 35 million in the first six months of 1988
+1	The original bill was strongly opposed by the Fed and publicly criticized by friends of the Fed as an attempt to undermine the central bank 's independence	Fed critics hailed it as a long overdue attempt to bring a measure of openness and democracy to the setting of monetary policy
+6	Polyvinyl chloride capacity `` has overtaken demand	we are experiencing reduced profit margins as a result
+2	Polyvinyl chloride capacity `` has overtaken demand	we are experiencing reduced profit margins as a result
+2	Polyvinyl chloride capacity `` has overtaken demand	and we are experiencing reduced profit margins
+1	Third-quarter operating profit of the specialty-chemicals group declined slightly to $ 24.3 million from $ 24.9 million	operating profit from aerospace products rose nearly 50 % to $ 15 million from $ 10.1 million
+1	Fiat S.p.A. , Italy 's leading industrial group , is conducting `` concrete '' talks with West Germany 's Daimler-Benz AG on a series of projects in the aerospace sector	it was too early to disclose the nature of the proposed projects or indicate when the talks might be concluded
+1	there currently are no talks in progress regarding the automotive industry	Mr. Reuter 's comments please us very much
+1	he is thinking foremost of cooperation in the truck sector	in the long run , I do n't want to rule out that we can also come a bit closer in personal cars
+6	he is thinking foremost of cooperation in the truck sector	that we can come a bit closer in personal cars
+6	Mr. Boudreau will remain with Penn Pacific as a director and a member of the executive committee	He has agreed to become president of a new subsidiary to be formed to make future acquisitions
+6	Jaguar topped the most-active list for the U.S. over-the-counter market Monday	on London 's Stock Exchange Monday , 18.5 million shares were traded , far above the usual volume
+10	Fears that Ford 's ardor might be cooling put Jaguar shares into reverse	GM confirmed its friendly negotiations with Jaguar
+1	Fears that Ford 's ardor might be cooling put Jaguar shares into reverse	yesterday 's announcement indicates that Ford has n't lost interest
+0	Sit tight '' through the coming volatility , Mr. Reitman suggests	he concedes that many small investors will find Jaguar 's zigzags `` too hard to swallow
+10	how Ford reacts	GM , the world 's largest auto maker , firms up its proposed deal with Jaguar
+10	to inject roughly # 200 million ( $ 316 million ) by acquiring some Jaguar shares	and win Jaguar management 's promise of an eventual 30 % stake
+6	GM is expected to inject roughly # 200 million ( $ 316 million ) by acquiring some Jaguar shares , and then win Jaguar management 's promise of an eventual 30 % stake	the car makers will create joint ventures to develop new executive models
+3	Ford might challenge the proposal by offering a full bid	holders and the U.K. government agreed to drop the anti-takeover barrier early
+10	GM might counterbid	you get a bidding war between two very rich , very determined international companies
+0	There 's quite a bit of value left in the { Jaguar } shares here	they have run up '' lately
+10	Of course , that was	Ford 's latest move
+10	to remain on the board	his current term expires in April 1991
+6	The board is n't proposing a slate of its own	the other four current directors do n't want to serve beyond the special meeting date
+1	Positive currency rates and strong sales growth led to a substantial rise in consolidated profit in the period	the company did n't provide figures
+11	Microsoft Corp. 's earnings growth continued to outstrip that of most of its competitors and customers in the personal-computer industry	it reported a 36 % jump in fiscal first-quarter earnings on a 33 % revenue gain
+10	The Redmond , Wash. company , a bellwether provider of operating systems and software for personal-computer makers and users , reported net income for the quarter ended Sept. 30 of $ 49.6 million , or 87 cents a share , up from $ 36.6 million , or 65 cents a share , in the year-ago period	Microsoft indicated it would have a strong quarter by forecasting its revenue gain on Oct. 4 , causing a $ 6.50 a share jump in its stock
+1	Microsoft previously indicated it would have a strong quarter by forecasting its revenue gain on Oct. 4 , causing a $ 6.50 a share jump in its stock	its stock jumped again yesterday as it disclosed surprisingly strong margins on those sales
+2	But its stock jumped again yesterday	it disclosed surprisingly strong margins on those sales
+10	But its stock jumped again yesterday	it disclosed surprisingly strong margins on those sales
+1	The company had been experiencing softening margins because of increased sales of software applications	that trend was offset in the first quarter by better economies of scale and efficiencies in manufacturing
+2	that trend was offset in the first quarter by better economies of scale and efficiencies in manufacturing	Microsoft 's cost of goods , as a percentage of sales , fell 17 % from the year-ago quarter and 13 % from the previous period
+6	that trend was offset in the first quarter by better economies of scale and efficiencies in manufacturing	the strong results reflected continuing high demand for its software applications and operating systems
+1	its own products are selling at a much faster rate	it has predicted that overall growth in unit sales of personal computers is slowing to about a 10 % yearly rate
+2	its own products are selling at a much faster rate	many are geared to the high-performance end of the market
+1	That segment continues to post strong quarter-to-quarter gains	the low-end , or commodity segment , of the industry is experiencing sluggish growth or even sales declines
+8	Compared with its previous quarter , the final period of its 1989 fiscal year , net rose 9 %	sales rose 7 %
+6	Control Data said it expects its first RISC-based mainframe machine to be introduced next year	Control Data said it is developing what it called a `` supermainframe '' computer , the Cyber 2000
+2	UAL 'S STOCK SKIDDED an additional $ 24.875 , to $ 198	British Airways indicated it may balk at any hastily revised version of the aborted $ 6.79 billion buy-out of United Air 's parent
+10	UAL 'S STOCK SKIDDED an additional $ 24.875 , to $ 198	British Airways indicated it may balk at any hastily revised version of the aborted $ 6.79 billion buy-out of United Air 's parent
+6	it may balk at any hastily revised version of the aborted $ 6.79 billion buy-out of United Air 's parent	he remains interested in UAL
+11	it may balk at any hastily revised version of the aborted $ 6.79 billion buy-out of United Air 's parent	he remains interested in UAL
+1	he remains interested in UAL	he dropped his earlier $ 300-a-share back-up bid
+10	The Dow Jones industrials closed off 18.65 points , at 2638.73	plunging over 60.25 points in the morning
+1	Bond prices ended lower after an early rally	the dollar was mixed
+1	Exports declined for the second month in a row	imports rose to a record
+2	Eastern Airlines ' creditors have begun exploring alternative approaches to a Chapter 11 reorganization	they are unhappy with the carrier 's latest proposal
+1	Mr. Ely , 57 years old , temporarily increases the board to seven members	he wo n't seek re-election at the company 's annual meeting next month
+10	not to immediately tender their shares under a recent $ 72-a-share , or $ 104 million , bid from AB SKF of Sweden	McGill directors have completed their evaluation
+1	BroadBeach did n't identify the buyer of the shares	the date of the selloff followed by one day the Swedish concern 's tender offer , and the indicated price of the shares sold equals SKF 's $ 72-a-share tender offer price
+2	the company sold the stock in the open market	and could n't identify the buyer or buyers
+5	whether it has spread	whether there is a recurrence following treatment
+2	but is n't having a major impact	it is only occasionally useful in choosing the most effective treatment
+1	because it is only occasionally useful in choosing the most effective treatment	the test may prove to be more sensitive in determining whether a tumor has spread or returned following treatment
+6	the combination should provide `` synergies	It will hand Unilab new markets
+7	It also will hand Unilab new markets	In Los Angeles Central has had a strong market position while Unilab 's presence has been less prominent , according to Mr. Harlow
+1	In Los Angeles , for example , Central has had a strong market position according to Mr. Harlow	Unilab 's presence has been less prominent
+6	Couch-potato jocks watching ABC 's `` Monday Night Football '' can now vote during halftime for the greatest play in 20 years from among four or five filmed replays.Two weeks ago , viewers of several NBC daytime consumer segments started calling a 900 number for advice on various life-style issues	the new syndicated `` reality '' show `` Hard Copy '' records viewers ' opinions for possible airing on the next day 's show
+6	Interactive telephone technology has taken a new leap in sophistication	television programmers are racing to exploit the possibilities
+1	Eventually viewers may grow bored with the technology and resent the cost	right now programmers are figuring that viewers who are busy dialing up a range of services may put down their remote control zappers and stay tuned
+6	One of the leaders behind the expanded use of 900 numbers is Call Interactive	Other long-distance carriers have begun marketing enhanced 900 service
+6	Other long-distance carriers have also begun marketing enhanced 900 service	special consultants are springing up to exploit the new tool
+1	For a while , high-cost pornography lines and services that tempt children to dial ( and redial ) movie or music information earned the service a somewhat sleazy image	new legal restrictions are aimed at trimming excesses
+10	In recent months , the technology has become more flexible and able to handle much more volume	callers of 900 numbers would just listen and not talk , or they 'd vote `` yes '' or `` no '' by calling one of two numbers
+5	Before , callers of 900 numbers would just listen and not talk	they 'd vote `` yes '' or `` no '' by calling one of two numbers
+6	Now , callers are led through complex menus of choices to retrieve information they want	the hardware can process 10,000 calls in 90 seconds
+1	For several years , Turner Broadcasting System 's Cable News Network has invited viewers to respond nightly to topical issues	even the hottest controversies on CNN log only about 10,000 calls
+6	The subject will be written into the plots of prime-time shows	viewers will be given a 900 number to call
+6	Callers will be sent educational booklets	the call 's modest cost will be an immediate method of raising money
+6	Profit from the calls goes to charity	ABC Sports also uses the calls as a sales tool
+6	Profit from the calls goes to charity	but ABC Sports uses the calls as a sales tool
+10	Frank Gifford offers a football videotape for $ 19.95	thanking callers for voting
+6	Frank Gifford offers a football videotape for $ 19.95	5 % of callers stay on the line to order it
+6	that now `` tens of thousands '' of fans call its 900 number each week to vote for the best punt return , quarterback sack , etc	NBC Sports recently began `` Scores Plus , '' a year-round , 24-hour 900 line providing a complex array of scores , analysis and fan news
+11	that now `` tens of thousands '' of fans call its 900 number each week to vote for the best punt return , quarterback sack , etc	NBC Sports recently began `` Scores Plus , '' a year-round , 24-hour 900 line providing a complex array of scores , analysis and fan news
+3	Press one	you 're pregnant
+3	coupons and a newsletter will be mailed , and the sponsor will be able to gather a list of desirable potential customers	the caller stays on the line and leaves a name and address for the sponsor
+6	coupons and a newsletter will be mailed	the sponsor will be able to gather a list of desirable potential customers
+1	She would n't say what the premium is	it 's believed to be about 40 % above regular daytime rates
+2	We were able to get advertisers to use their promotion budget for this	they get a chance to do couponing
+6	We were able to get advertisers to use their promotion budget for this , because they get a chance to do couponing	we were able to attract some new advertisers because this is something new
+2	And we were able to attract some new advertisers	this is something new
+6	This service identifies each caller 's phone number	it can be used to generate instant mailing lists
+6	Hard Copy , '' the new syndicated tabloid show from Paramount Pictures , will use its 900 number for additional purposes that include research	much bigger changes ahead
+0	TV programmers could let audiences vote on different endings for a movie	it would be costly to shoot multiple versions
+6	TV programmers could let audiences vote on different endings for a movie	Someday , viewers may choose different depths of news coverage
+6	I 'm interested in just the beginning of story No . 1	I want story No . 2 in depth
+6	that it would continue to pursue `` other alternatives '' to sell the five core companies	that a group of senior executives plans to make a proposal to purchase three of the companies -- Integrated Resources Equity Corp. , Resources Trust Co. and Integrated Resources Asset Management Corp
+6	Integrated Resources Inc. , the troubled financial-services company that has been trying to sell its core companies to restructure debt , said talks with a potential buyer ended Integrated said that it would continue to pursue `` other alternatives '' to sell the five core companies and that a group of senior executives plans to make a proposal to purchase three of the companies -- Integrated Resources Equity Corp. , Resources Trust Co. and Integrated Resources Asset Management Corp	Integrated said it expects to report a second-quarter loss wider than the earlier estimate of about $ 600 million
+1	The company did n't disclose the new estimate	said the change was related to Integrated 's failure to sell its core businesses , as well as `` other events that occurred after its announcement last week that it was in talks with the unidentified prospective buyer
+6	that it would continue to pursue `` other alternatives '' to sell the five core companies and that a group of senior executives plans to make a proposal to purchase three of the companies -- Integrated Resources Equity Corp. , Resources Trust Co. and Integrated Resources Asset Management Corp	a number of top sales producers from Integrated Resources Equity will meet this afternoon in Chicago to discuss their options
+11	that it would continue to pursue `` other alternatives '' to sell the five core companies and that a group of senior executives plans to make a proposal to purchase three of the companies -- Integrated Resources Equity Corp. , Resources Trust Co. and Integrated Resources Asset Management Corp	a number of top sales producers from Integrated Resources Equity will meet this afternoon in Chicago to discuss their options
+6	AN EARTHQUAKE STRUCK Northern California , killing more than 50 people	The violent temblor caused the collapse of a 30-foot section of the San Francisco-Oakland Bay Bridge and shook Candlestick Park
+6	Some buildings collapsed , gas and water lines ruptured	fires raged
+6	The tremor was centered near Hollister , southeast of San Francisco	which caused damage in San Jose and Berkeley
+6	where the third game of baseball 's World Series was canceled	fans evacuated from the stadium
+11	East Germany 's Politburo met amid speculation that the ruling body would oust hard-line leader Honecker	about 125 refugees flew to Duesseldorf , West Germany , from Warsaw , the first airlift in East Germany 's refugee exodus
+3	Moscow could be suspended	the misuse of psychiatry against dissenters is discovered during a review within a year
+6	lung-cancer mortality rates for people under 45 years of age have begun to decline , particularly for white males	that overall U.S. mortality rates from lung cancer should begin to drop in several years if cigarette smoking continues to abate
+3	that overall U.S. mortality rates from lung cancer should begin to drop in several years	cigarette smoking continues to abate
+11	that the U.S. would stand by its security commitments	there is a threat '' from Communist North Korea
+1	that there 's a clarification needed '' on its interpretation	Bush would n't alter a longstanding ban on such involvement
+1	that Austrian President Waldheim was n't responsible for the execution of six British commandos in World War II	he probably was aware of the slayings
+6	London has concluded that Austrian President Waldheim was n't responsible for the execution of six British commandos in World War II	The report by the Defense Ministry rejected allegations that Britain covered up evidence of Waldheim 's activities as a German army officer
+6	Libyan leader Gadhafi met with Egypt 's President Mubarak	the two officials pledged to respect each other 's laws , security and stability
+0	Los Angeles financier Marvin Davis last night proffered both a ray of hope and an extra element of uncertainty by saying he remains interested in acquiring UAL	he dropped his earlier $ 300-a-share back-up bid
+11	British Airways , a 15 % partner in the buying group , indicated it wants to start from scratch	Citicorp and Chase Manhattan Corp. scrambled to line up bank financing for a revised version of the lapsed labor-management bid
+1	UAL executives planned to reinvest only $ 15 million in the new company	Mr. Wolf and John Pope , UAL 's chief financial officer , stood to pocket $ 114.3 million for stock and options in the buy-out
+6	Confusion about the two banks ' hurried efforts to round up financing for a new bid that the UAL board has n't even seen yet helped send UAL stock spiraling downward	rumors of forced selling by takeover-stock traders triggered a 25-point downdraft in the Dow Jones Industrial Average around 11:15 a.m. EDT yesterday
+10	Yesterday 's selling began	a Japanese news agency reported that Japanese banks were ready to reject a revised version at around $ 250 a share , or $ 5.65 billion
+11	Several reports gave vague or conflicting indications about whether banks would sign up	the day progressed
+7	Several reports as the day progressed gave vague or conflicting indications about whether banks would sign up	Citicorp said only that it had `` expressions of interest of a transaction from both the borrowers and the banks , '' but did n't have an agreement
+0	Late in the day , Mr. Wolf issued a onepage statement calling Mr. Peterpaul 's blast `` divisive and uncalled for	he gave few details on the progress toward a new bid
+6	that British Airways may balk at any hasty reformulation of the aborted $ 6.79 billion buy-out of United Airlines ' parent Even as Citicorp and Chase Manhattan Corp. scrambled to line up bank financing for a revised version of the lapsed labor-management bid , British Airways , a 15 % partner in the buying group , indicated it wants to start from scratch Adding insult to injury , United 's 25,000-member Machinists ' union , which helped scuttle financing for the first bid , yesterday asked UAL Chairman Stephen Wolf and other UAL directors to resign.A similar demand was made by a group that represents some of United 's 26,000 noncontract employees that Japanese banks , which balked at the first bid , were ready to reject a revised version at around $ 250 a share , or $ 5.65 billion	in another sign that a new bid is n't imminent , it was learned that the UAL board held a telephone meeting Monday to hear an update on the situation , but that a formal board meeting is n't likely to be convened until early next week
+11	that British Airways may balk at any hasty reformulation of the aborted $ 6.79 billion buy-out of United Airlines ' parent Even as Citicorp and Chase Manhattan Corp. scrambled to line up bank financing for a revised version of the lapsed labor-management bid , British Airways , a 15 % partner in the buying group , indicated it wants to start from scratch Adding insult to injury , United 's 25,000-member Machinists ' union , which helped scuttle financing for the first bid , yesterday asked UAL Chairman Stephen Wolf and other UAL directors to resign.A similar demand was made by a group that represents some of United 's 26,000 noncontract employees that Japanese banks , which balked at the first bid , were ready to reject a revised version at around $ 250 a share , or $ 5.65 billion	in another sign that a new bid is n't imminent , it was learned that the UAL board held a telephone meeting Monday to hear an update on the situation , but that a formal board meeting is n't likely to be convened until early next week
+1	that the UAL board held a telephone meeting Monday to hear an update on the situation	that a formal board meeting is n't likely to be convened until early next week
+1	The pilots were meeting outside Chicago yesterday	British Air apparently was n't involved in the second proposal
+6	A group of United 's noncontract employees said in a statement , `` The fact that Wolf and other officers were going to line their pockets with literally millions of dollars while instituting severe pay cuts on the nonunion employees of United is not only deplorable but inexcusable	The machinists asked for an investigation by the Securities and Exchange Commission into possible securities-law violations in the original bid for UAL by Mr. Davis , as well as in the response by UAL
+10	Last week the union asked the U.S. Labor Department to study whether the bid violated legal standards of fairness governing employee investment funds	the bank commitments were due
+6	our approach is sound	that it is far better for all employees than the alternative of having an outsider own the company with employees paying for it just the same
+5	Mr. Wolf has eschewed merger advice from a major Wall Street securities firm	relying only on a takeover lawyer , Peter Atkins of Skadden Arps Slate Meagher & Flom
+6	The huge drop in UAL stock prompted one takeover stock trader , George Kellner , managing partner of Kellner , DiLeo & Co. , to deny publicly rumors that his firm was going out of business	The stock 's decline has left the UAL board in a quandary
+1	it may have to explore alternatives if the buyers come back with a bid much lower than the group 's original $ 300-a-share proposal	it may not be legally obligated to sell the company if the buy-out group ca n't revive its bid
+3	to sell the company	the buy-out group ca n't revive its bid
+6	to consider the labor-management bid	At a meeting Sept. 1 the board was informed by its investment adviser , First Boston Corp. , of interest expressed by buy-out funds including Kohlberg Kravis Roberts & Co. and Forstmann Little & Co. , as well as by Robert Bass , Morgan Stanley 's buy-out fund , and Pan Am Corp
+5	that Mr. Davis or one of the other interested parties might re-emerge with the situation in disarray	that the board might consider a recapitalization
+1	of interest expressed by buy-out funds including Kohlberg Kravis Roberts & Co. and Forstmann Little & Co. , as well as by Robert Bass , Morgan Stanley 's buy-out fund , and Pan Am Corp	they were still hesitant about accepting Citicorp 's latest proposal
+11	of interest expressed by buy-out funds including Kohlberg Kravis Roberts & Co. and Forstmann Little & Co. , as well as by Robert Bass , Morgan Stanley 's buy-out fund , and Pan Am Corp	they were still hesitant about accepting Citicorp 's latest proposal
+10	Macmillan will own about 56 % of the Berlitz common stock outstanding	the offering is completed
+6	Five million shares will be offered in the U.S	3.4 million additional shares will be offered in concurrent international offerings outside the U.S
+6	to pay an $ 80 million cash dividend to Macmillan	to lend the remainder of about $ 128 million to Maxwell Communications in connection with a promissory note
+6	Right away you notice the following things about a Philip Glass concert	if still conscious at the evening 's end , you notice something else
+3	And you notice something else : The audience , at first entranced and hypnotized by the music , releases its pent-up feelings in collective gratitude	still conscious at the evening 's end
+5	Either one likes it	one does n't
+0	The typical Glass audience , which is more likely to be composed of music students than their teachers , certainly does	The work sounds like Muzak for spaceships
+6	Philip Glass is the emperor of the avant-garde	his music the new clothes
+2	The piano compositions are relentlessly tonal	unthreatening
+2	unvaryingly rhythmic	soporific
+2	and unflaggingly harmonious but unmelodic	both pretty and unconventional
+1	Far from being minimalist , the music unabatingly torments us with apparent novelties not so cleverly disguised in the simplicities of 4/4 time , octave intervals , and ragtime or gospel chord progressions	the music has its charm
+6	But the music has its charm	Mr. Glass has constructed his solo program around a move from the simple to the relatively complex
+6	Mr. Glass works in the two octaves on either side of middle C	his fingers seldom leave the keys
+6	The music is not especially pianistic	it 's hard to imagine a bad performance of it
+1	We hear inner voices	they all seem to be saying the same thing
+1	The chords modulate	there is little filigree
+0	but there is little filigree	his fingers begin to wander over more of the keys
+10	First the music is loud	it becomes soft
+10	then it becomes soft	it becomes louder again
+1	The Fourth Knee Play , '' an interlude from `` Einstein on the Beach , '' is like a toccata	it does n't seem to move much beyond its left-hand ground in `` Three Blind Mice
+3	he crosses his hands and hits a resonant bass note with his right hand	Mr. Glass decides to get really fancy
+10	In `` Mad Rush an A section alternates with a B section several times	the piece ends unresolved
+6	Not only is the typical Glasswork open-ended	it is often multiple in its context ( s )
+11	Mad Rush '' began its life as the accompaniment to the Dalai Lama 's first public address in the U.S	Mr. Glass played it on the organ at New York 's Cathedral of St. John the Divine
+10	Mad Rush '' began its life as the accompaniment to the Dalai Lama 's first public address in the U.S. , when Mr. Glass played it on the organ at New York 's Cathedral of St. John the Divine	it was performed on Radio Bremen in Germany
+6	Later it was performed on Radio Bremen in Germany	then Lucinda Childs took it for one of her dance pieces
+10	Later it was performed on Radio Bremen in Germany	and Lucinda Childs took it for one of her dance pieces
+6	Parts 1 , 2 , and 5 come from the soundtrack of Errol Morris 's acclaimed film , `` The Thin Blue Line	the two other parts from incidental music to two separate dramatizations of the Kafka story of the same name
+3	the music has an appropriate eeriness	used as background in this way
+1	When used as background in this way , the music has an appropriate eeriness	Served up as a solo the music lacks the resonance provided by a context within another medium
+1	that the 1974 `` Music in Twelve Parts '' is as encyclopedic and weighty as `` The Well-Tempered Clavier	this comparison ignores the intensely claustrophobic nature of Mr. Glass 's music
+1	But this comparison ignores the intensely claustrophobic nature of Mr. Glass 's music	making the obvious point that both composers develop variations from themes
+1	it is negotiating the sale of a second stake in Yamatake-Honeywell	it intends to hold at least 20 % of the joint venture 's stock long term
+6	to reduce its holding in the Japanese concern as part of a restructuring plan	which calls for a reduction of dependence on weapons sales
+1	This statement surely buttresses your editorial viewpoint that environmental protection is generally silly or excessive	it is simply wrong
+11	This fatuous statement was not taken seriously	enacted in 1972
+2	The Clean Water Act contains no `` legal standard '' of zero discharge	you do the public a great disservice when Mr. Greve suggests , even facetiously , that the Clean Water Act prohibits the preparation of a scotch and water
+10	Thus , you do the public a great disservice	Mr. Greve suggests , even facetiously , that the Clean Water Act prohibits the preparation of a scotch and water
+11	that nothing but chance or oversight protects them from the hairyknuckled knock of the Sierra Club at their doors	they cower in the night with their scotch and waters
+1	the magazine just has n't kept up with the times	now , the magazine is attempting to fight back , with an ambitious plan including a revamped sales strategy and a surprisingly aggressive ad campaign
+6	People did n't believe we were in tune with the marketplace	in many ways we were n't
+1	The magazine had its best year yet in 1988 , when it celebrated its centennial and racked up a 17 % gain in ad pages , to 283	this year , when the hullabaloo surrounding its centennial died , so too did some advertiser interest
+11	But this year so too did some advertiser interest	the hullabaloo surrounding its centennial died
+6	that the entire magazine business has been soft	National Geographic has some quirks that make it especially unattractive during a soft market
+3	the high page cost is a major deterrent for advertisers	ad dollars are tight
+0	the page costs you an arm and a leg to develop any frequency	National Geographic offers far more readers than does a magazine like Smithsonian
+7	regional editions allowing advertisers to appear in only a portion of its magazines	ads can run only in the magazines sent to subscribers in the largest 25 markets
+1	National Geographic , like other magazines , began offering regional editions allowing advertisers to appear in only a portion of its magazines	the magazine was slower than its competitors to come up with its regional editions
+7	than did competitors	Time magazine has more than 100 separate editions going to different regions , top management , and other groups
+6	Another sticking point for advertisers was National Geographic 's tradition of lumping its ads together , usually at the beginning or end of the magazine , rather than spreading ads out among its articles	National Geographic 's smaller-than-average size means extra production costs for advertisers
+1	But the magazine was slower than its competitors to come up with its regional editions Another sticking point for advertisers was National Geographic 's tradition of lumping its ads together , usually at the beginning or end of the magazine , rather than spreading ads out among its articles And National Geographic 's smaller-than-average size means extra production costs for advertisers	the magazine is fighting back
+6	It now offers 30 regional editions , it very recently began running ads adjacent to articles	it has been beefing up its sales force
+6	It now offers 30 regional editions , it very recently began running ads adjacent to articles , and it has been beefing up its sales force	it just launched a promotional campaign to tell chief executives , marketing directors , and media executives just that
+10	However WCRS 's chief executive , Peter Scott , met in Paris with another French firm , Boulet Dru Dupuy Petit , or BDDP	negotiations bogged down recently
+6	According to the executive , BDDP 's involvement prompted renewed vigor in the WCRS-Eurocom talks	the two agencies were hoping to hammer out details by today
+10	The issue exploded this year	a Federal Bureau of Investigation operation led to charges of widespread trading abuses at the Chicago Board of Trade and Chicago Mercantile Exchange
+2	Traders are likely to oppose such restrictions	dual trading provides a way to make money in slower markets where there is a shortage of customer orders
+2	that dual trading improves liquidity in the markets	traders can buy or sell even when they do n't have a customer order in hand
+0	because traders can buy or sell	they do n't have a customer order in hand
+9	The agency did n't cite specific situations where dual trading might be allowed	smaller exchanges or contracts that need additional liquidity are expected to be among them
+6	the study to be released within two weeks	the rule changes to be completed by Thanksgiving
+10	Under the rules , traders decide whether they will trade for their own account or for customers	a session begins
+0	It 's too soon to tell	people do n't seem to be unhappy with it
+10	he would n't comment on the CFTC plan	the exchange has seen the full proposal
+1	he would n't comment on the CFTC plan until the exchange has seen the full proposal	at a meeting last week , Tom Donovan , the Board of Trade 's president , told commodity lawyers : `` Dual trading is definitely worth saving.It adds something to the market
+0	JAPANESE luxury-car makers are trying to set strict design standards for their dealerships	some dealers are negotiating looser terms , while others decline to deal at all
+6	Nissan Motor Co. 's Infiniti division likes to insist that every dealer construct and furnish a building in a Japanese style	Toyota Motor Corp. 's Lexus division provides specifications
+0	Toyota Motor Corp. 's Lexus division also provides specifications	only two-thirds of Lexus dealers are constructing new buildings according to the Lexus specs
+7	Some are even coming up with their own novel designs	In Louisville , Ky David Peterson has built a Lexus dealership with the showroom on the second floor
+1	But only two-thirds of Lexus dealers are constructing new buildings according to the Lexus specs.Some are even coming up with their own novel designs	some dealers have turned down Infiniti or Lexus franchises because they were unwilling or unable to meet the design requirements
+2	Yet some dealers have turned down Infiniti or Lexus franchises	they were unwilling or unable to meet the design requirements
+2	he turned down a Lexus franchise	the building was gorgeous but very expensive
+1	Blocked by patent protection from following suit	By 1982 the patent status of the Lanier microcassette had changed , permitting Dictaphone to develop its own competitive micro system
+10	permitting Dictaphone to develop its own competitive micro system	Marketing and sales departments urged abandonment of the pico project
+1	Marketing and sales departments then urged abandonment of the pico project	others said pico should proceed
+0	and introduced the pico in 1985	it has n't sold well
+1	but it has n't sold well	the device has been successful in other ways
+6	It helped Dictaphone attract better engineers	it provided new technology for other company products
+6	It helped Dictaphone attract better engineers , and it provided new technology for other company products	The picocassette recorder helped transform the company 's reputation from follower to leading-edge innovator
+0	ONE DAY Carl Barrett of Mobile , Ala. , was raking some sycamore leaves	the rake kept riding up over the piles
+2	The harder he tried to push them into large piles , the closer he came to breaking the rake and straining his back	Mr. Barrett , then vice president of the Alabama Steamship Association , took a steel-toothed garden rake and taped it to the underside of a leaf rake about nine inches up
+6	His crude device worked : The lower teeth gathered the leaves into a pile , while the higher , harder teeth moved the top of the pile	Now incorporated into a polypropylene rake , the four-inch prongs , or `` wonderbars are supposed to aid in picking up leaves
+1	One customer , Donald Blaggs of Mobile , says the Barrett Rake allowed him to do his lawn in 2 1/2 hours , two hours less than usual	other rake makers have their doubts
+1	the Barrett rake `` makes sense	it would be `` tough '' to explain to consumers
+5	They either pick it up	they start pulling from a fresh direction
+2	In 1941 , Raeder and the German navy threatened to attack the Panama Canal	we created the Southern Command in Panama
+2	The Southern Command has grown even bigger since the war	Raeder 's ghost sometimes runs through the E ring dressed like Gen. Noriega
+0	The brigade has n't been heard from since	we keep the staff around just in case
+1	The Army headquarters on the third deck of the Pentagon used to burn a lot of incense to him	the Navy headquarters on the fourth deck made them stop it
+1	he wanted to make them part of the Army	Secretary of the Navy James Forrestal blocked him
+10	Now his ghost wo n't let up	it 's done
+0	To keep him quiet we invent a new unified command every year or so run by the Army or the Air Force and put more of the Navy and Marines under it	we still hear him moaning at night
+2	But we still hear him moaning at night	the Navy has a few ships left
+6	But we still hear him moaning at night because the Navy has a few ships left	to satisfy him the Navy 's sea lift forces were given to a new Air Force bureaucracy in Illinois , its space operations to another command in Colorado , the frogmen to a new Army bureaucracy in Fort Bragg , and the Navy 's Indian Ocean and Persian Gulf forces to an Army bureaucracy in Florida
+10	President Carter was so scared that the shah 's ghost would blame him for shoving him out to make way for the ayatollah that he declared the Carter Doctrine	the shah died
+1	Mr. Carter said he would go to war to stop anyone from trying to grab Iran	that ghost would n't settle for words , he wanted money and people -- lots
+2	he wanted money and people -- lots	Mr. Carter formed three new Army divisions
+1	So Mr. Carter formed three new Army divisions and gave them to a new bureaucracy in Tampa called the Rapid Deployment Force	that ghost was n't fooled
+0	the RDF was neither rapid nor deployable nor a force	it cost $ 8 billion or $ 10 billion a year
+10	the shah 's ghost claimed the credit	Mr. Carter was defeated in 1980
+10	the shah 's ghost claimed the credit	and went after President Reagan and Cap Weinberger
+10	and choke him	he coughed up an additional $ 2 billion or so
+10	he added a thousand bureaucrats to the RDF in Tampa and renamed it Central Command	they let him go
+1	They had fun moving the carriers around	it turned out that they had forgotten all about mine sweepers
+0	he added a thousand bureaucrats to the RDF in Tampa and renamed it Central Command.He gave those bureaucrats charge of all naval operations in the Persian Gulf and Indian Ocean	the shah still kept leaping out at Cap
+2	But the shah still kept leaping out at Cap	Cap bought a hundred merchant ships more and $ 7 billion of loading barges , ramps , etc
+10	so Cap bought a hundred merchant ships more and $ 7 billion of loading barges , ramps , etc	suddenly Ike 's ghost came to visit and said , `` What the hell are you doing planning for a land war in Asia 12,000 miles away ? We 'd get our asses kicked
+2	while the shah -- he kept coming back	the U.S. found itself paying about $ 2 billion in baksheesh to various Arab potentates for basing rights around the Indian Ocean
+6	that President Siad Barrah was not at all a nice person	that the base he promised us in Berbera had silted up about a hundred years ago
+0	and anyway was 1,244 miles from the mouth of the Gulf	who 's counting
+0	that the base he promised us in Berbera had silted up about a hundred years ago and anyway was 1,244 miles from the mouth of the Gulf	Berbera was the best we could get
+2	Still , Berbera was the best we could get	we stay in bed with President Barrah
+0	But that ghost would n't settle for words , he wanted money and people -- lots	would n't you know , now that we are spending jillions of dollars , and have built those new divisions and new air wings , and have positioned all these ships and supplies to fight the Russians in Iran , the Russians seem to have lost interest in the whole subject
+11	the Russians seem to have lost interest in the whole subject	we are spending jillions of dollars , and have built those new divisions and new air wings , and have positioned all these ships and supplies to fight the Russians in Iran
+11	But would n't you know , now that we are spending jillions of dollars , and have built those new divisions and new air wings , and have positioned all these ships and supplies to fight the Russians in Iran , the Russians seem to have lost interest in the whole subject	Congress is cutting huge chunks out of the rest of the defense budget
+6	But would n't you know , now that we are spending jillions of dollars , and have built those new divisions and new air wings , and have positioned all these ships and supplies to fight the Russians in Iran , the Russians seem to have lost interest in the whole subject	Congress is cutting huge chunks out of the rest of the defense budget
+6	Do we still need to keep all 18 Army divisions on active duty and all those extra land-based aircraft without bases and all those Army guys playing admiral in Tampa ? Could n't we save $ 20 billion or $ 30 billion a year by shifting that stuff to the reserves	why not save the costs of a thousand bureaucrats by abolishing Central Command and putting responsibility for Gulf naval operations back where it belongs , afloat with the task force commander in the Gulf
+6	Do we still need to keep all 18 Army divisions on active duty and all those extra land-based aircraft without bases and all those Army guys playing admiral in Tampa ? Could n't we save $ 20 billion or $ 30 billion a year by shifting that stuff to the reserves ? And why not save the costs of a thousand bureaucrats by abolishing Central Command and putting responsibility for Gulf naval operations back where it belongs , afloat with the task force commander in the Gulf	where were all our handsomely paid Indian Ocean allies last year when our convoys were being attacked
+10	He would n't leave	Mr. Cheney promised to do whatever the Pentagon systems analysts told him
+2	until Mr. Cheney promised to do whatever the Pentagon systems analysts told him	next day Mr. Cheney went out and did just that
+10	He canceled the 600-ship Navy and cut back one carrier and 20 frigates	he canceled production of the Navy 's most important carrier aircraft , the F-14 and the A-6
+1	He canceled the 600-ship Navy and cut back one carrier and 20 frigates.Then he canceled production of the Navy 's most important carrier aircraft , the F-14 and the A-6	Mr. Cheney retained all those new land forces
+1	Marshall 's ghost is satisfied for now	he 'll be back
+10	that they can hold off the ghosts only a little while longer	the whole thing will start to collapse and the ghosts and banshees will be howling through the place
+6	Then the whole thing will start to collapse	the ghosts and banshees will be howling through the place turning people 's hair white
+1	For one thing , there is an old master on the wall -- `` Samuel Anointing David , '' a big baroque canvas painted by Mattia Preti , a 17th-century Neapolitan	At the moment the painting is a nagging reminder of the problems that have engulfed CenTrust and its flamboyant chairman and chief executive , David L. Paul
+11	that the $ 28 million was plucked from the funds of this federally insured institution	CenTrust was losing money hand over fist
+0	it has no current intention to do that	the agency could remove Mr. Paul
+11	It 's not like selling Chevrolets , '' Mr. Paul says	he takes a drag on a goldbanded St. Moritz cigarette
+0	the high-yield debt market has plummeted	Mr. Paul has pared a $ 1.35 billion junk-bond portfolio to less than $ 900 million since April
+6	Divesting itself of what is left may well prove difficult	CenTrust has other problems
+1	Mr. Paul has a plan to bring in $ 150 million by selling off 63 of CenTrust 's 71 branches	it has yet to be approved by regulators
+6	Embittered shareholders say the chairman and his collection epitomize the excesses of speculation that set off the national S & L crisis	Gallery directors say Mr. Paul and others of his ilk have left an indelible mark on the art world -- and not for the better
+11	Embittered shareholders say the chairman and his collection epitomize the excesses of speculation that set off the national S & L crisis	Gallery directors say Mr. Paul and others of his ilk have left an indelible mark on the art world -- and not for the better
+2	Johnny Payson got $ 53 million for his	certainly $ 10 million is n't too much for mine
+6	The great collectors we depended on , such as Paul Mellon or Norton Simon , have stopped buying	the new buyers are brilliant men who made money in the stock market or in takeovers and rushed into collecting
+6	Mr . Bond has yet to pay up	until he does , Sotheby 's has the painting under lock and key
+10	and Sotheby 's has the painting under lock and key	he does
+11	he let it be known that virtually no piece was too costly to be considered by CenTrust	Mr. Paul moved in on the art market
+7	There , on one of his first shopping trips , Mr. Paul picked up several paintings at stunning prices	He paid $ 2.2 million for a still life by Jan Jansz . den Uyl that was expected to fetch perhaps $ 700,000
+10	There , on one of his first shopping trips , Mr. Paul picked up several paintings at stunning prices	to have phoned Mr. Guterman , the New York developer selling the collection , and gloated
+6	He says he ` stole them	he tells me , ` If you want to see your paintings , you 'll have to come to my house in Florida
+6	Mr. Paul quickly became more aggressive in his collecting , with the help of George Wachter , a Sotheby 's expert in old masters	according to one dealer , Mr. Wachter had a penchant for introducing Mr. Paul with the phrase : `` He can buy anything
+1	People were interested in seeing him	it was recognized that the route was through Sotheby 's and particularly George Wachter
+2	Mr. Paul `` was known to spend a lot of money.People were interested in seeing him , but it was recognized that the route was through Sotheby 's and particularly George Wachter	Mr. Paul developed a close , symbiotic relationship with Sotheby 's
+11	to stir up interest in old masters	it strove to build its U.S. business
+6	that he does n't stop at paint on canvas	but spends big on art you can eat
+1	He recently bid $ 30,000 at a Paris charity auction for a dinner cooked by six of the world 's great chefs	the final party cost closer to $ 100,000
+11	that the S & L could be so profligate	it had reported losses of more than $ 13 million in its two preceding quarters
+9	that the `` book value of the collection { be } reduced to zero	Get rid of all the pictures
+6	that at one point he did indeed have eight or nine of the paintings at home	that the rest were in storage at Sotheby 's
+10	that he was `` merely storing the paintings at home -- with some display -- because of the special dehumidified environment '' required for their safekeeping	CenTrust 's new building was ready for them
+0	He explains that he was `` merely storing the paintings at home -- with some display -- because of the special dehumidified environment '' required for their safekeeping , until CenTrust 's new building was ready for them	the incident was embarrassing
+7	that Mr. Paul has benefited handsomely from his association with CenTrust	he got a $ 3 million loan from the S & L , negotiated at a below-market rate
+7	that he paid much too much for several pieces in the CenTrust collection	The $ 12 million lavished on the Rubens was a record price for the artist and maybe twice its value , given a dispute among scholars about its provenance
+5	scholars question the authenticity of the Rubens	It may have been painted by a Rubens associate
+6	that Mr. Paul paid very dearly for the Rubens	that getting rid of it any time soon for a similar sum would be quite a feat
+1	It 's not beyond credibility the Rubens will someday be worth $ 12 million	whether it could be sold for that amount tomorrow remains to be seen
+1	that getting rid of it any time soon for a similar sum would be quite a feat	predicting is tricky
+1	Art prices are skyrocketing	a good deal of legerdemain is involved in compiling statistics on sales
+6	Salomon Brothers Inc. , the investment-banking firm , in its annual tally of investment returns , reported that old masters appreciated 51 % in the year ended June 1 , the greatest return of any of 13 assets it tracked	Salomon gets its data on art appreciation from Sotheby 's , whose prices go up with clients like Mr. Paul in its thrall
+1	Art indexes track winners , not losers	art that has fallen sharply in value is rarely put up for sale
+6	But art that has fallen sharply in value is rarely put up for sale	at any of Sotheby 's auctions of old masters , roughly one-third to one-fifth of what is offered does n't sell at any price
+1	It 's not that there are n't any bids	the bids do n't meet the minimum `` reserve '' prices set by the sellers
+10	In January , the Preti painting that now hangs at CenTrust was expected to bring no more than $ 700,000 at auction	Mr. Paul came along with his $ 1.15 million
+0	$ 1.15 million `` would have been an impossible price for anyone to ask for a Preti four years ago	it is n't that Mr. Paul , a customer of his too , overpaid for the work , `` a gargantuan painting by an artist who is not a household word
+9	that Mr. Paul , a customer of his too , overpaid for the work , `` a gargantuan painting by an artist who is not a household word	It just shows things have changed
+10	that he spotted bargains in old masters	they took an upward turn
+6	They went up 51 % last year	they 'll do it again this year
+6	the auction house has been `` assisting '' Mr. Paul in selling the paintings	a number of { the artworks } have already been sold , and at a substantial profit
+6	That is n't 51 %	the claim is n't documented
+6	that he spotted bargains in old masters just before they took an upward turn	that he relied too heavily on Sotheby 's or Mr. Wachter
+6	he had not one but four advisers	that he never bid impulsively
+1	he expects to sell the collection -- including the controversial Rubens -- `` carefully and prudently	in art-world parlance , Mr. Paul 's holdings are `` burnt
+6	That is , he is being compelled to put them on the market too soon	quick turnover in artwork is `` like pawning your jewelry -- you end up with 50 %
+1	On occasion , he paid a high price	those who bid less and dropped out were dealers who would then have marked up the paintings to resell them at a profit to collectors
+10	who bid less and dropped out	who would have marked up the paintings to resell them at a profit to collectors
+6	to both advise a client on purchases	to set price estimates on the paintings to be purchased
+2	Frequently , clients express interest in paintings but do n't end up bidding	we do n't know who the potential buyer will be
+6	that he has feelers out over much of the globe	that potential buyers from as far away as Japan and Italy have examined the collection
+1	Because of the pressure on CenTrust to sell , dealers and collectors have been trying to get the paintings at bargain-basement prices	so far , Mr. Paul and his advisers are holding fast
+6	I tried to steal the picture	{ Sotheby 's } would n't do it
+6	Because of the pressure on CenTrust to sell , dealers and collectors have been trying to get the paintings at bargain-basement prices.But so far , Mr. Paul and his advisers are holding fast	Mr. Paul and CenTrust executives are getting squeamish about opulence
+11	Because of the pressure on CenTrust to sell , dealers and collectors have been trying to get the paintings at bargain-basement prices.But so far , Mr. Paul and his advisers are holding fast	Mr. Paul and CenTrust executives are getting squeamish about opulence
+0	I do n't think I have a life style that is , frankly , so flamboyant , '' he says	at just that moment , he is interrupted in his office by a servant in tuxedo who pours coffee from silver into a cup of china and dabs the brim with linen
+0	The offices are done in hardwood and oriental rugs , leatherbound books and , of course , a $ 12 million Rubens	he implores that the splendor be played down
+5	Do n't say it 's a gold ceiling	the regulators will take it for decadence
+6	Otherwise , the regulators will take it for decadence	nowadays everything 's got to be pristine
+5	The percent difference compares actual profit with the 30-day estimate where at least three analysts have issues forecasts in the past 30 days	actual profit is compared with the 300-day estimate
+2	provoking conflict-of-interest criticism	they were writing rules while handling clients ' books at the same time
+1	The new board 's seven-member structure kept four CPAs	the others were from industry and academia
+6	In the late 1960s some CPAs failed to correct such abuses as clients picking permissive rules that hyped earnings and stock prices	in November 1970 Congress had passed a special act to overrule one board rule
+6	And in November 1970 Congress had passed a special act to overrule one board rule	James Needham , an SEC commissioner , in April 1972 had warned that the industry might face a `` federal agency writing accounting rules '' if they rejected the FASB idea
+6	The FASB since then has issued 102 rules	some still rile industry
+10	Amcast Industrial Corp. said it plans to repurchase 500,000 shares , or about 7 % of its shares outstanding , in open market transactions	Amcast had said it planned to repurchase shares , but did n't disclose when or how many shares it intended to buy back
+6	Total value of the contract could be $ 100 million	work on the project would be about evenly divided
+6	The No . 1 domestic aluminum producer , Aluminum Co. of America , Friday said its earnings fell 3.2 % to $ 219 million , or $ 2.46 a share	Alcan Aluminium Ltd. yesterday reported net income slid 30 % to $ 180 million , or 77 cents a share , from $ 258 million , or $ 1.07 a share
+6	Much of the price decline has been blamed on a slowing economy	the third quarter is typically the industry 's slowest period
+1	Much of the price decline has been blamed on a slowing economy and the third quarter is typically the industry 's slowest period	the ingot price `` appears to have bottomed out
+6	shipments are continuing at a `` healthy '' pace	the company has no excess inventory
+1	the ingot price `` appears to have bottomed out . '' He said shipments are continuing at a `` healthy '' pace and the company has no excess inventory	that in the latest quarter there were increased material and labor costs , including a new employee profit-sharing plan
+1	Yesterday 's 88-point recovery from Friday 's megadrop in the Dow Jones industrials had many brokerage houses proclaiming that stocks are a good bargain again	quite a few money managers are n't buying it
+10	he bought `` a narrow list of stocks '' yesterday	sitting with 20 % of his fund in cash before Friday 's sell-off
+1	This is not a grossly overvalued market	it 's not cheap either
+6	that there will be `` mild economic growth , modest profit expansion	things are going to be hunky-dory
+6	I 've been two-thirds in cash since July	I continue to think that having a defensive position is appropriate
+7	Generalizations about value are n't useful	International Business Machines and Unisys might look cheap , but investors might continue to do better with stocks like Walt Disney , Procter & Gamble and Coca-Cola , strong performers in recent years
+1	For instance International Business Machines and Unisys might look cheap	investors might continue to do better with stocks like Walt Disney , Procter & Gamble and Coca-Cola , strong performers in recent years
+10	stocks would have to fall 15 % to 20 %	they are competitive with less risky investment alternatives
+1	But quite a few money managers are n't buying it	There are bulls out there
+6	There are still bulls out there	Many brokerage house officials are optimistic
+2	Friday 's sell-off was a good thing	it deflated a lot of crazy takeover speculation
+0	Friday 's big fall was `` just a blunder by the stock market	Many investors have nagging worries
+1	Investors are n't going to be throwing money at any of the proposed LBOs	doing deals on the basis of ridiculous assumptions never made sense , either
+2	Earlier this year , bankers and other investors were willing to provide financing	they assumed there would be major gains in both profitability and sales
+0	Competition from third parties who have cash and are prepared to buy has always existed and will continue	when prices were crazy , it was even harder to do an LBO
+11	But it was even harder to do an LBO	prices were crazy
+6	Having to take on less debt would certainly be an advantage	It would help us in our search for equity partners
+6	Not only could the Wall Street gyrations damp Christmas sales if consumers lose confidence in the economy	potential junk-bond buyers are sure to demand even stronger covenants and greater management equity participation
+1	Further , many institutions today holding troubled retailers ' debt securities will be reticent to consider additional retailing investments	the lower prices these retail chains are now expected to bring should make it easier for managers to raise the necessary capital and pay back the resulting debt
+6	However , the lower prices these retail chains are now expected to bring should make it easier for managers to raise the necessary capital and pay back the resulting debt	the fall selling season has generally been a good one , especially for those retailers dependent on apparel sales for the majority of their revenues
+0	What 's encouraging about this is that retail chains will be sold on the basis of their sales and earnings , not liquidation values	that all the proposed retailing LBOs will depend partly on the sale of junk bonds , a market already in tumult , in part because of concerns associated with bonds issued by the Federated and Allied units of Campeau
+0	Prices for retail chains are lower today than they were last week , which will help management	the hurdle of financing still has to be resolved
+6	Justin 's attorney , Charles E. Baxley , said Justin would ask an appeals court to set aside the order temporarily , pending an expedited appeal	He repeated Justin 's denial of Sony 's charges
+11	which were made with producers	gas prices were high and supplies short
+1	A majority of old contracts were renegotiated by the deadline and settled at steep discounts	they still face $ 2.4 billion in liabilities from unresolved disputes , including $ 1 billion they fear they wo n't be able to pass on to customers
+10	According to industry lawyers , the ruling gives pipeline companies an important second chance to resolve remaining disputes and take advantage of the cost-sharing mechanism	whether FERC could reimpose a new deadline
+6	The court ordered FERC to justify within 60 days not only its cost-sharing deadline , but other major elements of its proposed regulation for introducing more competition into natural-gas transportation	The court questioned a crediting mechanism that could be used to resolve take-or-pay liabilities
+1	Expo enthusiasts argue that holding the fair would attract businesses , create jobs and help renovate abandoned sections of town	opponents fear overcrowding
+6	This city already has too many tourists	it ca n't hold them all
+11	What do we want casinos for	we have n't got anything in the shops
+1	Not all Poles are pleased	Bogdan Gumkowski said the ventures would help Poland service its $ 39 billion foreign debt by pouring dollars into the state firms in the joint ventures -- the LOT airline and Orbis tourist organization
+6	According to the Middle East Economic Survey , the North African nation is holding talks with Italy for adding a fourth pipe to a section of the Trans-Mediterranean pipeline	Algeria wants to build a pipeline through Morocco and across the Strait of Gibraltar to supply Spain , France and West Germany with up to 15 billion cubic meters a year by the late 1990s
+6	South Africa 's National Union of Mineworkers agreed to suspend the strike by diamond workers and resume negotiations with De Beers Consolidated Mines Ltd. over their wage dispute	the union had agreed to meet the company for further talks tomorrow
+2	Bonn is convinced of the need for cooperation , `` especially with our neighbors in the East	we are directly affected by their ecological progress or lack of it
+10	The Swedish publishers of a new Estonian-language newspaper rushed an extra edition across the Baltic on Oct. 10	the first run sold out in one day
+6	The Swedish publishing company Bonniers owns 51 % of Are Paev	the Estonian management company Minor owns 49 %
+0	Korean car exports have slid about 40 % so far this year	auto makers here are n't panicking
+9	They are enjoying domestic sales that are more than making up for lost overseas sales	some auto executives suggest that slackened demand for their cars in the U.S. and Canada is a blessing
+5	that slackened demand for their cars in the U.S. and Canada is a blessing	they would n't be able to keep up with demand in the more profitable local market
+0	It 's an optimistic move in a industry already facing world-wide overcapacity	South Korean auto makers are confident that the export market will bounce back and that demand in Korea will stay strong
+6	that the export market will bounce back	that demand in Korea will stay strong
+10	The company plans to expand plant capacity 50 % by 1991	it also hopes to begin producing a passenger car based on the Volvo 240 and selling for about $ 20,000
+6	The company plans to expand plant capacity 50 % by 1991	By then it hopes to begin producing a passenger car based on the Volvo 240 and selling for about $ 20,000
+1	Hyundai and Daewoo seem unconcerned about the SsangYong threat	Kia , the scrappy No.3 auto maker , is selling four-wheel-drive vehicles through its Asia unit
+6	Shipments of its Lemans to GM 's Pontiac division are off about 65 % from a year ago , versus a 44 % decline for Hyundai and an 18 % increase for Kia	Daewoo 's domestic sales have grown half as fast as sales of its rivals
+0	The big problem for Daewoo is the long series of labor disruptions it suffered this year	Daewoo is expanding too
+6	In fact , a sister company , Daewoo Shipbuilding and Heavy Machinery , plans to build 240,000 minicars by the mid-1990s	Hyundai , the Korean market leader with a 58 % share plans to jump into minicars at the same time
+6	Hyundai , the Korean market leader with a 58 % share , also plans to jump into minicars at the same time.It has a similar project for 200,000 cars a year	Kia is reportedly considering such a plan
+11	withdrawals of money from stock funds amounted to a mere trickle compared with Black Monday	the stock market bounced back
+6	Other mutual fund companies reported even lighter withdrawal requests	some investors at Fidelity and elsewhere even began buying stock funds during the day
+6	Of course , the relative calm could be jolted if the market plunges again	any strong surge in redemptions could force some funds to dump stocks to raise cash
+0	And any strong surge in redemptions could force some funds to dump stocks to raise cash	funds generally are better prepared this time around
+10	Vanguard Group Inc. saw heavy exchanges from stock funds into money market funds	the telephone lines opened at 8:30 a.m
+1	In the first hour , the real nervous folks came along	the horrendous pace of call volume in the first half-hour slowed considerably
+10	in fact , some investors changed course and reversed their sell orders	stocks rose
+9	Most of that increase came in the first hour after the phone lines opened at 8 a.m	As stocks rose some investors changed course and reversed their sell orders
+10	to void orders	the close of trading
+7	As stocks rose , in fact , some investors changed course and reversed their sell orders	At Scudder and at the smaller Ivy funds group in Hingham , Mass . some shareholders called early in the morning to switch money from stock funds to money market funds , but later called back to reverse the switches
+10	At Scudder and at the smaller Ivy funds group in Hingham , Mass. , for instance , some shareholders called early in the morning to switch money from stock funds to money market funds	but called back to reverse the switches
+2	these shareholders effectively stayed put	mutual fund trades do n't take effect until the market close -- in this case , at 4 p.m
+1	and placed an order to switch his retirement accounts out of three stock funds and into a money market fund	by 3:15 p.m. , with the market comfortably ahead for the day , Mr. Sherman was preparing to undo his switch
+1	but later called back to reverse the switches	some investors continued to switch out of high-risk , high-yield junk funds despite yesterday 's rebound from that market 's recent price declines
+2	Shareholders have been steadily bailing out of several big junk funds the past several weeks	the $ 200 billion market was jolted by a cash crunch at Campeau Corp. and steadily declining prices
+0	Much of the money has been switched into money market funds	Instead of selling bonds to meet redemptions some funds have borrowed from banks to meet withdrawal requests
+11	the firm sold the bonds and quickly paid the loans back	the market stabilized
+0	and quickly became eye openers for their makers	the new lens became the eye of a storm
+10	In September 1971 California officials seized `` bootlegged '' lenses	some showed traces of bacteria
+6	In October doctors were debating the product 's safety , some claiming it caused infections	there were Senate hearings on the questions in July 1972
+1	Johnson & Johnson , with its new disposables , is coming on fast	Bausch remains the leader among the six majors
+6	In the wake of Friday 's plunge and yesterday 's rebound , some companies are already postponing deals	others wish they could
+2	As in other jittery times , many small businesses expect a particularly rough time raising funds	investors shun risky deals
+6	At the time , its shares were selling above their initial offering price of $ 19	bankers believed Staples would sell new stock without a hitch
+1	At the time , its shares were selling above their initial offering price of $ 19 , and bankers believed Staples would sell new stock without a hitch	with the company 's shares standing at $ 15 yesterday , a new offering seems unlikely
+6	Business , however , continues to be `` robust	the stock market has n't affected the concern 's expansion plans
+2	We have capital requirements	we have to go ahead '' with a planned $ 1.5 billion private placement
+5	it may take us six to nine months to find the money , instead of three	the market goes right back up
+6	Unless the market goes right back up it may take us six to nine months to find the money , instead of three	the Columbia , Md. , company may have to settle for a lower price
+11	Robertson Stephens slashed the value of the offering by 7 %	the market dropped Friday
+2	For many , the situation is especially discouraging	the market for IPOs was showing signs of strengthening after several years of weakness
+1	seeing the light at the end of the tunnel	the tunnel 's just gotten longer
+1	Exabyte Corp. had been planning to sell 10 % of its stock this week in an IPO that would raise up to $ 28.5 million	now We 're making decisions on a day-to-day basis
+1	Many companies are hesitating	it is planning to go ahead with its IPO this week or next -- unless conditions change
+5	it is still planning to go ahead with its IPO this week or next	conditions change
+6	Many companies are hesitating	Delayed financings would affect the operations of many companies
+1	Many companies are hesitating	he thinks the IPO will succeed
+0	Delayed financings also would affect the operations of many companies	the market turmoil could be partially beneficial for some small businesses
+6	In a sagging market , the Federal Reserve System `` might flood the market with funds	that should bring interest rates down
+2	many high-technology concerns have made such alliances recently	the 1987 market crash made it harder for them to find financing
+5	panicky investors may lose their enthusiasm for leveraged buy-out and giant takeover deals	they could turn to investing in smaller deals involving smaller companies
+6	market uncertainty may encourage small companies to form more strategic alliances with big corporations	the market 's gyrations will underline the investors ' lack of control in big stock investments
+6	Bay Financial Corp. , hurt by high debts and deteriorating real estate investments , reported a wider loss for the fourth quarter	it might be forced to seek a bankruptcy-court reorganization if it ca n't renegotiate its borrowings
+3	it might be forced to seek a bankruptcy-court reorganization	it ca n't renegotiate its borrowings
+2	a `` substantial part '' of its debt outstanding is in default as a result of inability to sell certain properties quickly and lower-than-expected prices for sales made	it is coming up short on a big bet that quick sales at higher prices would enable it to keep up with mortgage and other debt payments
+0	the fair-market value of its holdings , minus debt , was equal to $ 6.02 a share at June 30 based on a recent appraisal	it is having serious cash-flow problems
+6	A year earlier , fair-market value per share was $ 26.02	book value was $ 9.43 a share
+0	TRW Inc. reported a 12 % decline in third-quarter net income	that excluding unusual gains in both quarters , operating profit rose 16 %
+2	The latest quarter included a gain of 11 cents a share as a partial reversal of the recall charge	the reserve established last year exceeded the actual recall costs
+6	aerospace and defense sales were up 2 % for the quarter to $ 802 million	operating profit climbed 6 % to $ 61 million , mainly because of improved program performance in spacecraft and advanced-technology contracts
+1	The group had an operating profit of $ 65 million , against a loss of $ 13 million a year earlier	excluding the year-earlier charge for recall of steering gear , operating profit in the latest quarter declined 14 %
+11	we see how pious cant subverts the soul	the narrator Stevens , the solitary butler of Darlington Hall , mulls over such hallowed terms as `` greatness , '' `` dignity , '' `` service '' and `` loyalty
+11	Stevens surveys the view	he stands on a hill at the beginning of a six-day motor expedition from Oxfordshire to Cornwall
+2	Stevens surveys the view	and provides a self-portrait , a credo and the author 's metaphor for the aesthetic of the novel we 're reading
+6	We call this land of ours Great Britain	there may be those who believe this a somewhat immodest practice
+1	and there may be those who believe this a somewhat immodest practice	I would venture that the landscape of our country alone would justify the use of this lofty adjective
+0	An effusive landscape ? An ill-mannered mountain ?	let Stevens continue in his unwitting comic manner
+2	Continentals are unable to be butlers	they are as a breed incapable of the emotional restraint which only the English race are capable of
+7	Despite his racial advantage , to be a great butler is a heroic calling	If in the midst of a great social occasion ( such as an international conference on revising the Versailles Treaty in 1923 ) , one 's 72-yearold father , himself a great butler once , should happen to die of a stroke , one must continue to serve the port
+10	In the end Stevens sits by the seashore at dusk and declares `` I trusted.I trusted in his lordship 's wisdom . . . . I ca n't even say I made my own mistakes.Really -- one has to ask oneself -- what dignity is there in that ?	meeting with the former housekeeper
+1	such rueful wisdom must be retrospective	such wisdom can be movingly embodied in art
+10	First GPA Group Ltd. , the international aircraft leasing company based in Ireland , could lease some of its Boeing jetliners to the Soviet airline	Aer Lingus , the Irish flag carrier , could teach Aeroflot pilots to fly the Boeings , and the fleet could be based here at Shannon Airport
+6	Then Aer Lingus , the Irish flag carrier , could teach Aeroflot pilots to fly the Boeings	the fleet could be based here at Shannon Airport
+8	Aer Rianta , the Irish airport authority , could build a cargo terminal in the Soviet Union.Aeroflot could lease some of its cargo planes to Aer Lingus , through GPA , for a joint-venture cargo airline	then there is his notion of an Irish-Soviet charter airline to ferry Armenians to Los Angeles via Shannon
+6	Aer Rianta , the Irish airport authority , could build a cargo terminal in the Soviet Union.Aeroflot could lease some of its cargo planes to Aer Lingus , through GPA , for a joint-venture cargo airline	And there is his notion of an Irish-Soviet charter airline to ferry Armenians to Los Angeles via Shannon
+6	The Irish-Soviet aviation connection is alive and well here at Shannon Airport	GPA is talking about leasing Western planes to Aeroflot and even about buying Soviet-built Tupolev 204s
+6	Unlikely as it may seem , tiny , politically neutral Ireland has penetrated the mighty Soviet airline bureaucracy	the Irish aviation industry seems poised to benefit
+11	And the Irish aviation industry seems poised to benefit	Aeroflot struggles to boost its service standards , upgrade its fleet and pursue commercial opportunities
+6	Irish and Soviet people are similar	Irish companies are small but spunky
+6	Aeroflot carried about 125 million passengers last year	Shannon Airport , the airline 's largest transit airport outside the Soviet Union , saw 1,400 Aeroflot flights and 250,000 passengers pass through
+2	What Aeroflot does n't pour into its own gas-guzzling Ilyushins is bartered to the airport authority , which resells it to 11 Western carriers including Air France , Trans World Airlines and Pakistan International Airlines	Aeroflot pays its landing fees , ground-handling and catering bills with fuel
+8	Duty-free shops in Leningrad 's Pulkova Airport opened in July	hard-currency shops in Leningrad hotels and on the Soviet-Finnish frontier are coming soon
+11	Shannon was the first landfall in Europe for thirsty airplanes flying from North America	it opened in 1939
+0	Advances in aircraft fuel efficiency over the years made a Shannon stop unnecessary for most Western air fleets	Aeroflot still flies inefficient Ilyushins that ca n't make it from Moscow to Managua on one hop
+2	but Aeroflot still flies inefficient Ilyushins that ca n't make it from Moscow to Managua on one hop	Ireland did n't spurn the Soviets after they shot down a Korean Air Lines jetliner over the Sea of Japan in 1983 , though it suspended direct Moscow-Shannon flights for two months
+10	As a result , Ireland did n't spurn the Soviets	they shot down a Korean Air Lines jetliner over the Sea of Japan in 1983
+1	As a result , Ireland did n't spurn the Soviets after they shot down a Korean Air Lines jetliner over the Sea of Japan in 1983	it suspended direct Moscow-Shannon flights for two months
+6	As a result , Ireland did n't spurn the Soviets after they shot down a Korean Air Lines jetliner over the Sea of Japan in 1983	Aer Lingus started ferrying Russians from Shannon to New York when Washington stripped Aeroflot of its U.S. landing rights
+10	In fact , Aer Lingus started ferrying Russians from Shannon to New York	Washington stripped Aeroflot of its U.S. landing rights
+6	Today , Aer Rianta is making a heap of money from its Soviet friendship	with those contacts in place , it could be relatively simple to add Aer Lingus and GPA to the team
+11	it will begin testing the competitive mettle of its giant competitors	Nucor Corp. begins shipping steel from the world 's first thin-slab plant this month
+6	New , efficient and sophisticated processes make it easier for smaller , less cash-rich companies to make steel at a fraction of what Big Steel paid decades ago	It enables minimills finally to get a toehold in the flat-rolled steel market -- the major steelmakers ' largest , most prized , and until now , untouchable , market
+0	New , efficient and sophisticated processes make it easier for smaller , less cash-rich companies to make steel at a fraction of what Big Steel paid decades ago.It also enables minimills finally to get a toehold in the flat-rolled steel market -- the major steelmakers ' largest , most prized , and until now , untouchable , market	such thin-slab technology is only the beginning
+6	In fact , they 've spent billions of dollars to boost the percentage of continously cast steel to 60.9 % in 1988 , from 39.6 % five years before	their balance sheets are rich with diversity , their old plants shuttered , and work forces lean
+0	In fact , they 've spent billions of dollars to boost the percentage of continously cast steel to 60.9 % in 1988 , from 39.6 % five years before.Moreover , their balance sheets are rich with diversity , their old plants shuttered , and work forces lean	that wo n't suffice
+6	They 're saddled with huge plants that require costly maintenance	try plying new dollars free in a market that is softening , hurt by a strong dollar and concerned about overcapacity -- the industry 's Darth Vadar
+6	They 've got too much invested in the old stuff	they ca n't get their workers to be flexible
+6	Nucor 's plant in Crawfordsville , Ind. , ultimately will produce only one million tons annually , a drop in the 40-million-ton-a-year flat-rolled steel bucket	it will be years before such plants can compete in the high-profit market
+10	and it will be years	such plants can compete in the high-profit market
+1	Nucor 's plant in Crawfordsville , Ind. , ultimately will produce only one million tons annually , a drop in the 40-million-ton-a-year flat-rolled steel bucket , and it will be years before such plants can compete in the high-profit market	flat-rolled is the steel industry 's bread and butter , representing about half of the 80 million tons of steel expected to be shipped this year
+6	Nucor 's plant in Crawfordsville , Ind. , ultimately will produce only one million tons annually , a drop in the 40-million-ton-a-year flat-rolled steel bucket , and it will be years before such plants can compete in the high-profit market	the process is n't without its headaches
+2	one equipment failure forces a complete plant shutdown	all operations are connected
+1	At this point , the minimill capacity wo n't make a great dent in the integrated market	it does challenge them to develop new markets
+6	but it does challenge them to develop new markets	with demand for steel not growing fast enough to absorb capacity , steelmakers will have to change the way they do business
+10	Armco convinced a steel service center to build a processing plant nearby	they determined that GM needed parts more quickly
+2	to build a processing plant nearby	shipments could be delivered within 15 minutes
+11	Cementing such relationships with major clients -- car and appliance makers -- is a means of survival	those key clients are relying on a smaller pool of producers and flirting with plastic and aluminum makers
+7	Cementing such relationships with major clients -- car and appliance makers -- is a means of survival	when Detroit began talking about plastic-bodied cars , the American Iron and Steel Institute began a major lobbying effort to show auto makers how they could use steel more efficiently by simply redesigning how a car door is assembled
+11	For example the American Iron and Steel Institute began a major lobbying effort to show auto makers how they could use steel more efficiently by simply redesigning how a car door is assembled	Detroit began talking about plastic-bodied cars
+6	Cementing such relationships with major clients -- car and appliance makers -- is a means of survival	steelmakers must also find new markets
+6	Indeed steelmakers will have to change the way they do business	But steelmakers must find new markets
+10	a group of the nation 's largest steelmakers started a recycling institute to promote steel cans to an environmentally conscious nation	letting aluminum-makers take the recycling lead
+7	steelmakers should concentrate more on construction	Weirton Steel Corp. , Weirton , W. Va. is touting to homeowners fashionable steel doors , with leaded glass inserts , as a secure and energy-efficient alternative to wooden or aluminum ones
+6	Now we 're figuring out what people need , and are going back to make it a group of the nation 's largest steelmakers started a recycling institute to promote steel cans to an environmentally conscious nation Still others are looking at overseas markets	Producers are trying to differentiate by concentrating on higher-profit output , such as coated and electrogalvanized products
+1	Almost all capital-improvement programs announced by major steelmakers within the past year involve building electrogalvanizing lines	unfortunately , that segment is much smaller than the bread-and-butter flat-rolled steel
+0	he does see more plants being sold or closed	he does n't expect any bankruptcies
+5	it 's unlikely that consumption of U.S. produced steel will grow sufficiently to offset the growth of minimills	there is an enormous rate of economic growth or a further drop in the dollar
+6	Japanese and European steelmakers , which have led the recent technology developments , are anxiously awaiting the lifting of trade restraints in 1992	the U.S. can expect more competition from low-cost producing Pacific Rim and Latin American countries
+0	After 78 days of mind-numbing testimony in federal court in Boston , the trial is being all but ignored by analysts and patent attorneys	Most have read the pre-trial documents
+1	That may be the largest patent award ever	it is well below the $ 12 billion Polaroid seeks
+10	when Smith International Inc. was ordered to pay $ 205 million to Baker Hughes Inc. for infringing on a patent on an oil drilling bit seal	The two companies agreed to settle for $ 95 million
+0	You might find something	the chances are low
+6	Few analysts think it is worth their time to slog through the Polaroid trial testimony	Eugene Glazer , an analyst at Dean Witter Reynolds Inc. , said : `` If you hired an attorney to be there all the time and give you a ( prediction ) of the eventual award , I would be willing to bet that he would be off '' by a lot
+3	that he would be off '' by a lot	you hired an attorney to be there all the time and give you a ( prediction ) of the eventual award
+6	how to calculate damages	whether the infringement was `` willful and deliberate
+6	Carr told Kodak on many occasions to avoid various features because of Polaroid 's patent positions	Kodak followed his advice in every instance
+1	that `` he worked with Kodak continuously from the outset of the project '' in an effort to avoid infringement	the fact that seven patents were infringed `` suggests that infringement was willful
+6	The main issues remaining are how to calculate damages and whether the infringement was `` willful and deliberate	Observers wonder whether Judge Mazzone will use the lost-profits method of determining damages or the reasonable royalty method
+2	which Polaroid favors	it would result in a larger award
+6	Polaroid claims it could have manufactured and sold all the instant cameras and film sold by Kodak if Kodak had n't entered the market	Polaroid contends it could have sold them at a higher price -- and thus made higher profits -- because it would n't have been forced to match Kodak 's lower prices
+2	it could have sold them at a higher price	and made higher profits
+2	it could have sold them at a higher price	it would n't have been forced to match Kodak 's lower prices
+6	Kodak hired Robert Buzzell	Polaroid brought in Robert J. Dolan
+6	The main reason was a delay in shipment of new high-end disk drives , a business that accounts for some 10 % of IBM 's $ 60 billion of annual revenue	IBM cited an increase in its leasing business
+6	an increase in its leasing business , which tends to lock in business long-term but cut revenue in the near term	that the stronger dollar has cut the value of overseas revenue and earnings when they are translated into dollars
+11	that the stronger dollar has cut the value of overseas revenue and earnings	they are translated into dollars
+2	Jay Stevens of Dean Witter actually cut his per-share earnings estimate to $ 9 from $ 9.50 for 1989 and to $ 9.50 from $ 10.35 in 1990	he decided sales would be even weaker than he had expected
+2	he kept a `` buy/hold '' recommendation on the stock	all the damage has been done
+11	The stock closed yesterday at $ 103 a share , up just $ 1 in composite trading on the New York Stock Exchange	the market surged
+6	how soon does this disk-drive come	how soon does production ramp up
+6	A key part of the question is , how soon does this disk-drive come and how soon does production ramp up	the input I 've had from customers is that it still could be a while
+0	IBM has priced its leases aggressively , thinking that would help win business	IBM would have won the business anyway as a sale to a third party that would have then leased the equipment to the customer
+6	IBM has not only hurt its short-term revenue outlook	but has been losing money on its leases
+0	when it announces some new versions of its mainframes	the basic technology in the line is almost five years old
+6	it is long in the tooth	competitors are rolling out strong products of their own
+0	IBM is gaining momentum in the personal-computer market , and is expected to introduce some impressive workstations early next year	it 's hard to squeeze much profit out of the personal-computer business these days , and the workstation market , while important , is too small to rely on for much growth
+6	But it 's hard to squeeze much profit out of the personal-computer business these days	the workstation market , while important , is too small to rely on for much growth
+0	and the workstation market is too small to rely on for much growth	important
+11	The disk drives will doubtless sell well	they finally become available
+10	a delay in shipment of new high-end disk drives , a business that accounts for some 10 % of IBM 's $ 60 billion of annual revenue	when they become available
+1	The disk drives will doubtless sell well when they finally become available	the AS/400 , IBM 's highly successful minicomputer line , is losing its momentum
+6	But the AS/400 , IBM 's highly successful minicomputer line , is losing its momentum	sales could even decline in the fourth quarter
+6	But the AS/400 , IBM 's highly successful minicomputer line , is losing its momentum , and some analysts said sales could even decline in the fourth quarter	IBM 's growth in software in the third quarter was just 8.8 % , well below historical levels even when adjusted to reflect last year 's payment from Fujitsu and the stronger dollar
+3	In addition , IBM 's growth in software in the third quarter was just 8.8 % , well below historical levels	adjusted to reflect last year 's payment from Fujitsu and the stronger dollar
+6	In addition , IBM 's growth in software in the third quarter was just 8.8 % , well below historical levels even when adjusted to reflect last year 's payment from Fujitsu and the stronger dollar	expenses , up 7.9 % in the quarter , have stayed stubbornly high
+10	analysts to raise their forecasts for 1989	the company releases its earnings today
+6	he is `` more than comfortable with '' analysts ' estimates that third-quarter earnings rose to at least 98 cents to $ 1 a share from 91 cents the year earlier	he would be comfortable with that new range
+6	Mr. Calloway blamed the slower volume on rainier weather , a dearth of new products in the industry and -- to a much lesser extent -- pricing	Mr. Calloway noted that soft-drink volume rose a hefty 9 % in last year 's third quarter
+2	while Taco Bell 's increased 22 %	the chain continues to benefit from its price-value strategy
+1	he does n't expect any major acquisition in the next year or so	You never can tell
+6	when the president was a young oil man in Midland	Mr. Allday was a lawyer for an oil firm
+2	it is tearing up the deal	the contract 's objectives ca n't be fulfilled
+10	Nothing has happened to undermine our conviction that Hydro-Quebec was the lowest-cost , most environmentally acceptable choice for meeting a part of our customers ' energy needs through the year 2020	we signed the contract
+2	Options traders were hurt worse than others on Friday because of the highly volatile nature of options , which often rise or fall in value several times the amount of the price change in the individual stock or index of stocks on which they are based	options traders Friday were stuck with losses that also were several times larger than those suffered by many stock traders in New York
+6	which often rise or fall in value several times the amount of the price change in the individual stock or index of stocks on which they are based	that were several times larger than those suffered by many stock traders in New York
+11	which were substantially above those in the market	it was falling
+10	Options traders were forced on Friday to buy those contracts back at the previously agreed prices , which were substantially above those in the market as it was falling	They had no choice in many cases but to sell the contracts at prevailing prices -- in most cases at a substantial loss
+1	Making matters worse was the fact that late Friday afternoon the CBOE halted stock-index options trading in step with the Chicago Mercantile Exchange 's halt in stock-index futures	while the Merc reopened a half hour later , the CBOE remained closed , leaving many options traders unable to make trades that might have reduced the losses
+6	Exchange officials reasoned that they would n't have been able to make such a rotation with the time remaining Friday afternoon	with the stock-index futures on the verge of closing for a second and final time , the CBOE reasoned that its best course was to remain closed
+10	The damage was so bad at Fossett Corp. , an options trading firm here , that it was forced to transfer its accounts to First Options of Chicago , a unit of Continental Bank Corp. , as a result of options trading losses	Fossett had several million dollars in capital left after Friday 's close of trading , but not enough that regulators , worried about another potential market plunge yesterday , would let it reopen for trading
+2	Fossett still had several million dollars in capital left after Friday 's close of trading , but not enough that regulators , worried about another potential market plunge yesterday , would let it reopen for trading	in an unprecedented arrangement underscoring the seriousness of the transfer , the CBOE , the American Stock Exchange and the Options Clearing Corp. , as well as the firm 's owner , Stephen Fossett , put up a total of $ 50 million to guarantee the customer positions being transferred to the bank holding company subsidiary in case the market plunged again yesterday
+0	that Continental Bank worked with securities and banking regulators over the weekend to fashion the Fossett bailout	that conditions were n't dictated by those agencies
+1	Mr. Stevens declined to give the specific contributions to the $ 50 million guarantee from each participant	CBOE and Amex officials said that Options Clearing Corp. contributed $ 20 million to the guarantee , the CBOE put up $ 8 million , the Amex added $ 4 million and $ 18 million came from Mr. Fossett 's own assets
+6	that Options Clearing Corp. contributed $ 20 million to the guarantee , the CBOE put up $ 8 million , the Amex added $ 4 million	$ 18 million came from Mr. Fossett 's own assets
+1	on-site massage , as it is known in the trade , is certainly infiltrating corporate America	such sessions may never replace coffee breaks
+6	Ms. Foster 's indulgence is nothing like the oily , hour-long rubfests enjoyed by spa visitors	does it at all resemble the more intimate variety offered at specialty parlors in bad parts of town
+1	Nor does it at all resemble the more intimate variety offered at specialty parlors in bad parts of town	office rubdowns usually take place in dimly lighted conference rooms
+6	Massage advocates say that kneading the head , shoulders , neck and back can go a long way toward easing tension and improving morale	They insist that touching is a basic need , as powerful as the need for food or sleep , and that the office is as good a place as any to do it
+6	that touching is a basic need , as powerful as the need for food or sleep	that the office is as good a place as any to do it
+6	The blood flows to your head , you feel lightheaded	you do n't feel tension around the head or neck
+11	people say you look like you 're glowing	you leave the room after your massage
+1	Massage advocates say that kneading the head , shoulders , neck and back can go a long way toward easing tension and improving morale.They also insist that touching is a basic need , as powerful as the need for food or sleep , and that the office is as good a place as any to do it	Not everyone is at ease with office massage
+6	Three years ago , the Internal Revenue Service 's office in San Jose , Calif. , opened its doors to on-site massage	even though employees paid the bill , taxpayers grumbled
+0	And taxpayers grumbled	employees paid the bill
+6	Sometimes , with the release of stress , you hear ` oohs ' and ` ahs ' coming out of the room	you ca n't have taxpayers coming into an audit hearing ` oohs ' and ` ahs
+6	Last month , the complaints intensified	the massages ended
+6	Not everyone , however , is at ease with office massage	Massage has an image problem to contend with
+1	by calling themselves `` bodyworkers '' and describing their office visits as `` reinvigoration breaks	massage , no matter how chaste , is still associated in many minds with seedy fronts for prostitution
+6	But massage , no matter how chaste , is still associated in many minds with seedy fronts for prostitution	that makes some executives nervous
+1	Last year , the research and development division of Weyerhaeuser Co. , the large wood-products concern , invited a masseuse to its Tacoma , Wash. , offices	after about eight months , the vice president of the division , Ed Soule , learned about the sessions and brought them to a halt
+6	His massage chair is kept in a closet	a secretary escorts him past security
+10	who worked for American Telephone & Telegraph Co. for 23 years	choosing his current trade
+6	Elisa Byler , a St. Louis masseuse , won over officials at Emerson Electric Co. , a maker of electrical and electronic equipment , by providing documents and other articles trumpeting the therapeutic benefits of massage	that she stresses professionalism during her weekly visits
+6	to keep the clothes on	to keep people seated
+0	It was a powerful point in my career	he pulled through , and after the ambulance left , there were still six people in line waiting for a massage
+6	But he pulled through	after the ambulance left , there were still six people in line waiting for a massage
+10	and there were still six people in line waiting for a massage	the ambulance left
+10	after the ambulance left	and there were six people in line waiting for a massage
+6	The next woman was older	I was afraid to touch her
+1	The next woman was older , and I was afraid to touch her	it 's like falling off a horse and getting back on
+1	that it is only the tip of the iceberg	on-site massage is better than nothing
+0	The syndicate , led by Schroders Asia Ltd. , agreed last November to provide the loan to Asia Development Corp. , a U.S. property developer	several weeks ago , in the wake of the Beijing killings , the loan was canceled , according to bankers and executives close to the project
+1	Lenders had doubts about the project even before June 4	the harsh crackdown gave the banks the out they wanted
+11	it was hailed as one of the first Western-style financing transactions ever used in China	the loan agreement was announced
+5	Unlike most loans to China , there was no Chinese guarantor	the banks secured a promise from state-owned Bank of Communications that it would lend Asia Development the entire $ 55 million at maturity to finance repayment of the original borrowing
+11	The loan was to have matured in just two to three years	construction was completed
+1	The loan was to have matured in just two to three years , as soon as construction was completed	the loan was terminated
+2	the loan was terminated	the developer had failed to deliver adequate financial data and pay certain fees to the loan-management committee on time , according to officials close to the project
+1	Schroders said the loan was terminated because the developer had failed to deliver adequate financial data and pay certain fees to the loan-management committee on time , according to officials close to the project	Creditors involved in the project contend that the termination actually had nothing to do with these technical violations
+5	that the termination actually had nothing to do with these technical violations	the loan fell victim to nervousness about China 's political turmoil , as well as to concern about the loan 's security
+1	The bank syndicate is made up mostly of European banks	it includes China 's state-owned Citic Industrial Bank
+2	The 11 banks in the syndicate sustained no monetary losses	none of the credit facility had been drawn down
+11	The proposed merger comes	K mart 's profit is declining and sales at its core discount stores are rising more slowly than at such competitors as Wal-Mart Stores Inc
+6	as K mart 's profit is declining	sales at its core discount stores are rising more slowly than at such competitors as Wal-Mart Stores Inc
+1	K mart tested the warehouse-club sector last year with its acquisition of a 51 % interest in Makro Inc	the Makro chain has only six stores and annual sales that one analyst estimated at about $ 300 million
+10	The company had losses for several years	turning profitable in fiscal 1988
+6	In the year ended Jan. 31 , Pace rang up profit of $ 9.4 million , or 72 cents a share , after a tax-loss carry-forward , on sales of $ 1.3 billion	analysts expect its results to continue to improve
+0	Warehouse productivity is really beginning to take off	some analysts contend K mart has agreed to pay too much for Pace
+1	K mart 's number one job is to address its market-share loss { in discount stores } , which longer-term will lead to improved profit margins.At that point , perhaps diversification would be appropriate	K mart 's Mr. Antonini is intent on pushing the company into new retail businesses
+7	But K mart 's Mr. Antonini is intent on pushing the company into new retail businesses	K mart is opening big food and general merchandise stores , called hypermarkets , and warehouse-type stores specializing in office products and sporting goods
+6	For instance , K mart is opening big food and general merchandise stores and warehouse-type stores specializing in office products and sporting goods	It operates Waldenbooks , Pay Less Drug Stores and Builders Square home improvement stores
+1	Traders nervously watching their Quotron electronic-data machines yesterday morning were stunned to see the Dow Jones Industrial Average plummet 99 points in seconds	those who said `` This ca n't be happening '' were right The Quotrons were wrong
+1	The prices of the individual stocks that make up the average were correct	the average was wrong
+11	The Quotrons were wrong	there was an awful lot of confusion
+6	The Quotrons were wrong	there was an awful lot of confusion
+10	that she called brokers to tell them	she figured out the Quotron numbers were wrong
+11	the price was listed at $ 324.75 a share , up about $ 45 from Friday	UAL Corp. stock finally opened on the New York Stock Exchange at 11:08 a.m
+1	the price was listed at $ 324.75 a share , up about $ 45 from Friday	its true price was $ 224.75 , down $ 55
+6	That was the New York Stock Exchange 's blooper	there were other blunders
+11	a reporter for the Reuters newswire miscalculated the industrial average 's drop as a 4 % decline when it really was down 0.7 %	the market opened at 9:30 a.m. EST
+11	a reporter for the Reuters newswire miscalculated the industrial average 's drop as a 4 % decline	it really was down 0.7 %
+6	When the market opened at 9:30 a.m. EST , a reporter for the Reuters newswire miscalculated the industrial average 's drop as a 4 % decline when it really was down 0.7 %	they sold dollars on the news and had to buy them back later at higher prices
+11	When the market opened at 9:30 a.m. EST , a reporter for the Reuters newswire miscalculated the industrial average 's drop as a 4 % decline when it really was down 0.7 %	they sold dollars on the news and had to buy them back later at higher prices
+10	they sold dollars on the news	and had to buy them back at higher prices
+1	they sold dollars on the news and had to buy them back later at higher prices	it was the Quotron problems that had lingering effects
+6	that she was still viewing prices and other data as subject to verification	portfolio managers continued to question the numbers they saw on the screen
+10	Quotron switched to a backup system	the problems were corrected
+2	It turns out Mr . Friend 's client , Machelle Parks of Cincinnati , did n't like the way defense attorney Tom Alexander acted during the legal proceedings	she has agreed to forgo monetary damages against Mr. Alexander 's client in return for the right to punch the attorney
+6	to punch the attorney	Ms . Parks 's mother gets to cuff Mr. Alexander
+0	Last month Mr. Alexander 's associate agreed that Derr would pay $ 50,000 as part of an overall settlement	Mr. Alexander scuttled the deal at the last minute
+2	they volunteered that they would like to give Mr. Alexander a good walloping	Ms . Parks and her mother heard about what had happened
+6	he passed that along to his adversary	soon they were talking about the ground rules under which Derr could keep its money and the plaintiffs could take a shot at Mr. Alexander
+6	under which Derr could keep its money	the plaintiffs could take a shot at Mr. Alexander
+1	some details are in place	time and place have yet to be determined
+0	that Mr. Alexander will be asked to sign a release from liability , just in case	they do n't contemplate delivering any disabling blows
+11	trading volume in the Chicago Mercantile Exchange 's huge Standard & Poor 's 500 stock-index futures pit soared	financial markets rebounded
+11	to reap six-figure windfalls in a matter of minutes	prices soared
+3	that the S & P 500 market , with much of its customer order flow missing , would dry up	prices turned against them
+10	Traders were shouting bids and offers	the start of trading at 8:30 am
+1	The contract fell five points at the open to 323.85 , the maximum opening move allowed under safeguards adopted by the Merc to stem a market slide	several traders quickly stepped up and bid for contracts , driving prices sharply higher
+6	Brokerage firms as a rule do n't comment on their market activity	Unlike the week following Black Monday two years ago , individual traders in the S & P 500 pit were being uncharacteristically circumspect about their one-day profits
+11	The market for $ 200 billion of high-yield junk bonds regained some of its footing	the Dow Jones Industrial Average rebounded from Friday 's plunge
+0	The market for $ 200 billion of high-yield junk bonds regained some of its footing as the Dow Jones Industrial Average rebounded from Friday 's plunge	the junk recovery , led by the bellwether RJR Holdings bonds , was precarious
+2	On Friday , trading in practically every issue ground to a halt	potential buyers fled and brokerage firms were unwilling to provide bid and offer prices for most issues
+6	as potential buyers fled	brokerage firms were unwilling to provide bid and offer prices for most issues
+6	Nothing traded on Friday	people were n't really sure where the market should have opened '' yesterday
+0	Nothing traded on Friday , and people were n't really sure where the market should have opened '' yesterday	we had a fairly active day yesterday
+1	maybe there 's a little bit of euphoria	before the stock market rebounded from a sharp early sell-off yesterday You could n't buy { junk bonds } and you could n't give them away
+10	But You could n't buy { junk bonds } and you could n't give them away	the stock market rebounded from a sharp early sell-off yesterday
+6	You could n't buy { junk bonds	you could n't give them away
+10	which initially tumbled three points , or $ 30 for each $ 1,000 face amount , to 96 1/4	rebounding to 99 3/4
+6	Yesterday 's rally was led by RJR Holdings 13 3/4 % bonds , which initially tumbled three points , or $ 30 for each $ 1,000 face amount , to 96 1/4 before rebounding to 99 3/4	Bonds issued by Kroger , Duracell , Safeway and American Standard showed big gains , recovering almost all their losses from Friday and early yesterday
+0	which initially tumbled three points , or $ 30 for each $ 1,000 face amount , to 96 1/4 before rebounding to 99 3/4.Bonds issued by Kroger , Duracell , Safeway and American Standard also showed big gains , recovering almost all their losses from Friday and early yesterday	the junk bond market increasingly is separating into a top-tier group , in which trades can be executed easily , and a larger group of lower-quality bonds in which liquidity -- or the ability to trade without too much difficulty -- has steadily deteriorated this year
+10	that are low in the early years after issuance	and rise
+2	It 's possible to have a 10 % default rate in one year	we 're already seeing big problems in the midst of a pretty strong economy
+1	You could still have some very bad times ahead	yesterday 's rally among `` good '' junk was a badly needed tonic for the market
+6	Many issues `` bounced off the floor	benchmark junk issues `` recovered all of their losses '' from Friday and early yesterday
+1	Many issues `` bounced off the floor and benchmark junk issues `` recovered all of their losses '' from Friday and early yesterday	The stock market gained back only about half what it lost Friday , and the { government } bond market lost about half what it gained Friday
+6	The stock market gained back only about half what it lost Friday	the { government } bond market lost about half what it gained Friday
+6	yesterday 's rally was fueled by insurance companies looking for bargains after a drastic slide in prices the past month	mutual funds did n't appear to be major sellers of high-yield securities as was expected
+10	who faced rising doubt about his bid for American Airlines parent AMR Corp	a United Airlines buy-out came apart Friday
+6	Donald Trump withdrew his $ 7.54 billion offer	bankers representing the group trying to buy United 's parent UAL Corp. met with other banks about reviving that purchase at a lower price , possibly around $ 250 a share , or $ 5.65 billion
+1	Separately , bankers representing the group trying to buy United 's parent UAL Corp. met with other banks about reviving that purchase at a lower price , possibly around $ 250 a share , or $ 5.65 billion	a lower bid could face rejection by the UAL board
+10	The Manhattan real-estate developer acted	the UAL buyers failed to obtain financing for their earlier $ 300-a-share bid
+10	whose shares never reopened	trading was halted Friday for the UAL announcement
+6	UAL tumbled $ 56.875 to $ 222.875 on volume of 2.3 million shares	AMR declined by $ 22.125 to $ 76.50 as 4.7 million shares changed hands
+2	UAL tumbled $ 56.875 to $ 222.875 on volume of 2.3 million shares , and AMR declined by $ 22.125 to $ 76.50	4.7 million shares changed hands
+10	that showed signs of stalling	problems emerged with the UAL deal
+10	AMR 's stock had retreated as low as $ 97.75 last week	reaching an intraday high of $ 107.50 the day Mr. Trump disclosed his bid Oct. 5
+2	Some takeover stock traders had been betting against Mr. Trump	he has a record of disclosing stakes in companies that are potential takeover targets , then selling at a profit without making a bid
+10	Mr. Trump withdrew his bid	the AMR board ever formally considered it
+6	AMR had weighed a wide range of possible responses , from flat rejection to recapitalizations and leveraged buy-outs that might have included either employees , a friendlier buyer such as Texas billionaire Robert Bass , or both	AMR had sought to foil Mr. Trump in Congress by lobbying for legislation that would have bolstered the authority of the Transportation Department to reject airline buy-outs
+6	AMR declined to comment	Mr. Trump did n't respond to requests for interviews
+10	to notify the market	selling any shares
+10	he did n't sell	his announcement reached the market
+1	Some analysts said AMR Chairman Robert Crandall might seize the opportunity presented by the stock price drop to protect the nation 's largest airline with a defensive transaction , such as the sale of stock to a friendly holder or company employees	other knowledgeable observers said they believed Mr. Crandall and the AMR board might well decide to tough it out without taking any extra steps
+1	they believed Mr. Trump might come back with a lower bid	others remained skeptical
+6	he was dropping it `` in light of the recent change in market conditions . '' He said he might now sell his AMR stake , buy more shares , or make another offer at a lower price	Citicorp and Chase Manhattan Corp. , the two lead lenders on the UAL buy-out , met with other banks yesterday to determine if they would be willing to finance the buy-out at a lower price
+11	he was dropping it `` in light of the recent change in market conditions . '' He said he might now sell his AMR stake , buy more shares , or make another offer at a lower price	Citicorp and Chase Manhattan Corp. , the two lead lenders on the UAL buy-out , met with other banks yesterday to determine if they would be willing to finance the buy-out at a lower price
+1	Citicorp had discussed lowering the offer to $ 250 a share	that price was a talking point and that no decision has been made
+6	that price was a talking point	that no decision has been made
+10	The first UAL deal unraveled	Citibank and Chase could n't raise $ 7.2 billion
+6	Citibank and Chase had agreed to commit $ 3 billion	they were `` highly confident '' of raising another $ 4.2 billion
+1	Together , Citicorp and Chase received $ 8 million in fees to raise the rest of the financing	other banks balked at the low interest rate and banking fees the UAL group was willing to pay them
+6	but is n't likely to boost its $ 965 million equity contribution	is the group likely to come forward with a revised offer within the next 48 hours despite the hopes of many traders
+6	UAL 's board could reject the new price as too low , especially since there are n't any competing bids	the coalition of labor and management , longtime enemies who joined forces only under the threat of Mr. Davis 's bid , could break apart now
+1	The pilot union is vowing to pursue an acquisition whatever the board decides	if the board rejects a reduced bid and decides to explore other alternatives , it could transform what has been a harmonious process into an adversarial one
+2	they are crucial to any sale or restructuring	they can refuse to fly the airplanes
+3	the board might n't be able to obtain a higher offer from other bidders	they were to insist on a low bid of , say $ 200 a share
+2	If they were to insist on a low bid of , say $ 200 a share , the board might n't be able to obtain a higher offer from other bidders	banks might hesitate to finance a transaction the pilots oppose
+6	The pilots could play hardball by noting they are crucial to any sale or restructuring because they can refuse to fly the airplanes.If they were to insist on a low bid of , say $ 200 a share , the board might n't be able to obtain a higher offer from other bidders because banks might hesitate to finance a transaction the pilots oppose	because UAL Chairman Stephen Wolf and other UAL executives have joined the pilots ' bid , the board might be forced to exclude him from its deliberations in order to be fair to other bidders
+2	Also the board might be forced to exclude him from its deliberations	UAL Chairman Stephen Wolf and other UAL executives have joined the pilots ' bid
+5	to restrict the RTC to Treasury borrowings only	the agency receives specific congressional authorization
+1	The complex financing plan in the S & L bailout law includes raising $ 30 billion from debt issued by the newly created RTC Another $ 20 billion would be raised through Treasury bonds , which pay lower interest rates	the RTC also requires `` working '' capital to maintain the bad assets of thrifts that are sold , until the assets can be sold separately
+6	The complex financing plan in the S & L bailout law includes raising $ 30 billion from debt issued by the newly created RTC	But the RTC requires `` working '' capital to maintain the bad assets of thrifts that are sold , until the assets can be sold separately
+10	to maintain the bad assets of thrifts that are sold	the assets can be sold separately
+11	That debt would be paid off	the assets are sold
+6	The agency has already spent roughly $ 19 billion selling 34 insolvent S & Ls	it is likely to sell or merge 600 by the time the bailout concludes
+10	Absent other working capital the RTC would be forced to delay other thrift resolutions	cash could be raised by selling the bad assets
+10	We would have to wait	we have collected on those assets
+10	We would have to wait until we have collected on those assets	we can move forward
+6	The law does allow the RTC to borrow from the Treasury up to $ 5 billion at any time	it says the RTC 's total obligations may not exceed $ 50 billion , but that figure is derived after including notes and other debt , and subtracting from it the market value of the assets the RTC holds
+10	but that figure is derived	including notes and other debt , and subtracting from it the market value of the assets the RTC holds
+1	The law does allow the RTC to borrow from the Treasury up to $ 5 billion at any time.Moreover , it says the RTC 's total obligations may not exceed $ 50 billion , but that figure is derived after including notes and other debt , and subtracting from it the market value of the assets the RTC holds	Congress did n't anticipate or intend more public debt
+6	But Congress did n't anticipate or intend more public debt	the RTC Oversight Board has been remiss in not keeping Congress informed
+3	The RTC is going to have to pay a price of prior consultation on the Hill	they want that kind of flexibility
+10	but decided not to	the market recovered yesterday
+2	but decided not to	the market recovered yesterday
+7	This time , the firms were ready	Fidelity prepared ads several months ago in case of a market plunge
+11	the investment firm ordered full pages in the Monday editions of half a dozen newspapers	the market went into its free fall Friday afternoon
+2	the investment firm ordered full pages in the Monday editions of half a dozen newspapers	the market went into its free fall Friday afternoon
+1	which already was operating	which many clients did n't know about
+5	to stay in the market	even to plunge in with Fidelity
+6	Fidelity , for example , prepared ads several months ago in case of a market plunge	PaineWebber was able to gear up quickly thanks to the 1987 crash
+10	In the aftermath of the 1987 debacle , the brokerage firm began taping commercials in-house	getting its timing down fast enough to tape a commercial after the market closed and rush it on the air that night
+2	In the aftermath of the 1987 debacle , the brokerage firm began taping commercials in-house	getting its timing down fast enough to tape a commercial after the market closed and rush it on the air that night
+10	to tape a commercial	the market closed
+6	In the aftermath of the 1987 debacle , the brokerage firm began taping commercials in-house , ultimately getting its timing down fast enough to tape a commercial after the market closed and rush it on the air that night	It negotiated an arrangement with Cable News Network under which CNN would agree to air its last-minute creations
+5	an even harder sell , recommending specific stocks	it settled on just urging the clients who are its lifeline to keep that money in the market
+3	the true value has n't changed	you owned it and liked it Friday
+10	With the market fluctuating	and closing up more than 88 points yesterday
+10	At Shearson Lehman , executives created potential new commercials Friday night and throughout the weekend	had to regroup yesterday afternoon
+1	The ad would have run during the World Series tomorrow	in a meeting after the market closed yesterday , Shearson executives decided not to go ahead with the stock-market ad
+1	In any case , the brokerage firms are clearly moving faster to create new ads than they did in the fall of 1987	it remains to be seen whether their ads will be any more effective
+6	Edward Eskandarian , former chairman of Della Femina , McNamee WCRS/Boston , reached an agreement in principle to acquire a majority stake in Arnold Advertising , a small Boston shop	McDonald 's Corp. , Oak Brook , Ill. , named Arnold to handle its estimated $ 4 million cooperative ad account for the Hartford , Conn. , area
+6	Baseball , that game of the long haul , is the quintessential sport of the mean	the mean ol ' law caught up with the San Francisco Giants in the World Series last weekend
+3	anything can happen	you get your pitch , and take a good swing
+10	He hit a 2-0 pitch from Rick Reuschel into the left-field stands in inning four to stretch his team 's lead from 2-1 to a decisive 5-1 , where it stayed	If you get your pitch , and take a good swing , anything can happen , '' he remarked
+1	he may have some evening up coming	with the way his split-fingered fastball is behaving , that might not be this week
+10	which looks like a fastball	it dives beneath the lunging bat
+5	that the home fans in this Series of the Subway Called BART would have been ecstatic over the proceedings	they observe them in relative calm
+6	Partisans of the two combatants sat side by side in the 49,000-plus seats of Oakland Coliseum	while they cheered their favorites and booed the opposition , hostilities advanced no further , at least as far as I could see
+0	and hostilities advanced no further , at least as far as I could see	they cheered their favorites and booed the opposition
+2	I 'm for the Giants today	but they lost yesterday
+1	I choose to believe it 's the latter	it probably springs from the fact that just about everyone out here , including the A 's and Giants , is originally from somewhere else
+3	that you 'd need uniformed police in every other seat to separate opposing fans , and only the suicidal would bifurcate their bonnets	this were a New York Yankees-Mets series , or one between the Chicago Cubs and White Sox
+6	that you 'd need uniformed police in every other seat to separate opposing fans	only the suicidal would bifurcate their bonnets
+10	that the fan who caught it agreed to turn the ball over to him in return for an autograph	he hit his first career home run last season
+3	you see every ball tremendously	you 're in the groove
+1	I believe in the law of averages , '' declared San Francisco batting coach Dusty Baker after game two . `` I 'd rather see a so-so hitter who 's hot come up for the other side than a good hitter who 's cold	the old Dodger slugger wisely offered no prediction about when good times would return to his side
+3	you never know when you 'll get it back	it goes
+11	you never know when you 'll get it back	it goes
+1	Net income for the quarter fell to $ 93.1 million from $ 103.1 million	per-share profit dropped only 2 % to $ 1.23 a share from $ 1.26 a share
+11	But per-share profit dropped only 2 % to $ 1.23 a share from $ 1.26 a share	the company continued its stock buy-back plan
+2	But per-share profit dropped only 2 % to $ 1.23 a share from $ 1.26 a share	the company continued its stock buy-back plan
+6	NCR Corp. reported a 10 % drop in third-quarter net income , citing intense competition that caused its gross profit margins to dip	The computer maker said the negative effect of a stronger U.S. dollar will `` adversely affect '' its fourth-quarter performance and `` make it difficult '' to better 1988 results
+1	revenue declined both in the U.S. and overseas	orders in the U.S. showed `` good gains '' during the latest quarter
+6	revenue declined both in the U.S. and overseas , reflecting a world-wide softening of the computer markets	NCR is affected by the retail and financial sectors , `` areas of the economy that have generally not been robust
+3	however , why limit the practice to the poor , maligned analysts whose ability to see into the future is fragile at best	the firms are serious
+1	I 'm delighted that Wall Street is finally tuning in to the hard , cold facts of the real working world	why limit the practice to the poor , maligned analysts whose ability to see into the future is fragile at best
+1	At Jefferies & Co. , J. Francis Palamara did n't reach the office until 5:30 a.m	then he had been up most of the night at home
+2	At Jefferies & Co. , J. Francis Palamara did n't reach the office until 5:30 a.m	but he had been up most of the night at home
+1	People are looking for possible opportunities to buy	nobody wants to stick their chin out
+1	By lunchtime , the selling was at near-panic fever	as the day ended in a frantic Wall Street-inspired rally , the City breathed a sigh of relief
+11	But the City breathed a sigh of relief	the day ended in a frantic Wall Street-inspired rally
+6	In the wake of Wall Street 's plunge last Friday , the London market was considered especially vulnerable	before the opening of trading here yesterday , all eyes were on early trading in Tokyo for a clue as to how widespread the fallout might be
+10	And all eyes were on early trading in Tokyo for a clue as to how widespread the fallout might be	the opening of trading here yesterday
+6	By the time trading officially got under way at 9 a.m. , the news from Asia was in	it left mixed signals for London
+2	By the time trading officially got under way at 9 a.m. , the news from Asia was in	it left mixed signals for London
+11	Right away , the reds outnumbered the blues , 80 to 20	the index opened at 2076.8 , off 157.1 points , or 7 %
+1	I see concern	I do n't see any panic
+6	trying to match buyers and sellers	there were n't many buyers
+1	On the screens , only two forlorn blue figures remained	the index had recovered a few points and was off about 140
+2	let 's pick up a little stock	Tokyo did n't collapse
+6	The vivid yellow figures showed the best price at 845 pence , ( $ 13.27 )	Mr. Smith 's traders started putting out feelers
+11	The vivid yellow figures showed the best price at 845 pence , ( $ 13.27 )	Mr. Smith 's traders started putting out feelers
+1	The vivid yellow figures showed the best price at 845 pence , ( $ 13.27 ) and Mr. Smith 's traders started putting out feelers	the market sensed a serious buyer on a day dominated by selling , and the quotes immediately jumped to 850 pence
+6	But the market sensed a serious buyer on a day dominated by selling	the quotes immediately jumped to 850 pence
+2	But the market sensed a serious buyer on a day dominated by selling	the quotes immediately jumped to 850 pence
+3	they run from you -- they keep changing their prices	I want to buy
+11	they run from you -- they keep changing their prices	I want to buy
+6	By this time , it was 4:30 a.m. in New York	Mr. Smith fielded a call from a New York customer wanting an opinion on the British stock market
+11	Conversation was subdued	most patrons watched the latest market statistics on television
+3	off at least 10 %	you could calculate the index
+11	Shearson traders and salesmen traded bets on how low the New York market would open	2:30 p.m. -- Wall Street 's opening time -- neared
+11	In the center of the trading floor , chief trader Roger Streeter and two colleagues scrambled for the telephones	the New York market opened
+11	Mr. Streeter and trader Sam Ruiz bought them to resell in the U.K	Wall Street traders dumped American Depositary Receipts in Jaguar PLC
+10	The MMI has gone better , '' shouted one trader at about 3:15 London time	the U.S. Major Markets Index contract suddenly indicated a turnabout
+11	the London trading room went wild	Wall Street strengthened
+11	Traders shouted	their screens posted an ever-narrowing loss on Wall Street
+2	Traders shouted	their screens posted an ever-narrowing loss on Wall Street
+10	as their screens posted an ever-narrowing loss on Wall Street	nine minutes later , Wall Street suddenly rebounded to a gain on the day
+11	some wondered whether the weekend of worrying and jitters had been worth it	the London market rallied
+3	every bad thing that has one chance in a million of going wrong will go wrong at least once a year	you have a million people working for you
+3	that every good thing that has one chance in a million of going right will go right at least once a year	you have a million people working for you
+6	The bill is expected to be taken up by the Public Works and Transportation Committee tomorrow	a floor vote by next week will be urged
+6	In a letter to subcommittee Chairman James Oberstar ( D. , Minn. ) , Mr. Trump criticized the bill as an explicit effort to thwart his bid for AMR , and said it contributed to the collapse of the deal	Elaine Chao , deputy transportation secretary sent a letter to express the administration 's opposition to the bill `` in its present form
+6	Rep. Oberstar brushed off Mr. Trump 's allegations as an `` excuse for his own deal failing	He said the fact that the other letter had n't come from Transportation Secretary Samuel Skinner indicated there is `` wiggle room '' in the administration 's position
+1	Mr. Oberstar and other committee members repeatedly stressed that the legislation was n't a response to any particular market situation	they cited the UAL and AMR examples as reasons to move quickly to enact this legislation
+6	It 's still on the fast track	we still want to do it
+6	to add stability and certainty to the airline-acquisition process	to preserve the safety and fitness of the industry
+10	In general , the bill would give the Transportation Department a 30-day review period	15 % or more of the voting stock of a major U.S. air carrier could be acquired
+6	In general , the bill would give the Transportation Department a 30-day review period before 15 % or more of the voting stock of a major U.S. air carrier could be acquired	It would require the acquiring party to notify the transportation secretary and to provide all information relevant to determining the intent of the acquisition
+6	to notify the transportation secretary	to provide all information relevant to determining the intent of the acquisition
+3	the secretary to reject a buy-out	sufficient information has n't been provided
+5	if sufficient information has n't been provided	if the buy-out is likely to weaken the carrier financially , result in a substantial reduction in size of the airline through disposal of assets , or give control to a foreign interest
+3	to reject a buy-out	or the buy-out is likely to weaken the carrier financially , result in a substantial reduction in size of the airline through disposal of assets , or give control to a foreign interest
+3	the secretary would have authority to extend the review period 20 days	more information is needed
+1	All the witnesses , both congressmen and industry experts , expressed support for the bill in order to prevent profiteers from cashing in on airline profits at the expense of safe , cost-effective service	several committee members disapproved , some backing Mr. Trump 's claim that the threat of regulation caused the failure of the UAL deal and the stock-market plunge
+5	It could be a long meeting	it could be a short one
+1	We 're encouraged that talks are scheduled again	beyond that , we have made no expression of expectations
+6	Work at Boeing continues with supervisors and other non-striking personnel manning the lines	at the company 's Wichita , Kan. , plant , about 2,400 of the 11,700 machinists still are working
+6	DPC Acquisition Partners , a hostile suitor for Dataproducts Corp. , said it intends to launch a tender offer for the computer printer maker 's common stock	DPC , a group led by the New York investment firm Crescott Inc said it plans to file preliminary materials with the Securities and Exchange Commission regarding a shareholder solicitation to oust Dataproducts ' board
+1	and made a $ 15-a-share bid for the company in May	Dataproducts management considered the $ 283.7 million proposal unacceptable
+6	to split into three sectors , to phase out domestic printer manufacturing operations	to sell its New England subsidiary
+1	Share prices plummeted across Europe yesterday in response to Friday 's New York sell-off	some issues staged a late comeback after Wall Street opened without another rout
+10	but some issues staged a late comeback	Wall Street opened without another rout
+10	which closed	the New York exchanges opened
+10	In London , prices plummeted in early trading and were off as much as 9 %	coming back strong after the New York opening to close down only 3.2 %
+1	There may be one or other psychological or technical reactions	they are n't based on fundamentals
+6	The Frankfurt Stock Exchange was the hardest hit of the major European markets , with the DAX Index dropping 12.8 % In London , prices plummeted in early trading and were off as much as 9 %	Paris was hard hit
+6	The Frankfurt Stock Exchange was the hardest hit of the major European markets In London , prices plummeted in early trading and were off as much as 9 % Paris also was hard hit.Share prices fell in Milan , Amsterdam , Zurich , Madrid and Stockholm	Prices in Brussels tumbled
+2	Investors may have reacted so strongly to Friday 's U.S. stock market loss	they had vivid memories of the Frankfurt exchange 's losing 35 % of its value in the 1987 crash and its wake
+10	he told clients to buy selected West German blue chips	they fell by about 10 %
+10	Frankfurt 's normal two-hour trading session was extended 75 minutes	the opening was delayed 30 minutes because of the crush of sell orders
+10	It took three-quarters of an hour	enough prices could be worked out to get a reading on the market
+1	Some big institutions , including banks , began picking up lower-priced shares late yesterday	most investors wanted to see what would happen in New York before acting
+10	to see what would happen in New York	acting
+0	but most investors wanted to see what would happen in New York before acting	even if Wall Street continues to stabilize the latest blow to investor confidence could inhibit a swift recovery for the Frankfurt exchange
+3	the latest blow to investor confidence could inhibit a swift recovery for the Frankfurt exchange	Wall Street continues to stabilize
+10	which already was showing signs of weakness	the DAX had slipped from a 1989 high of 1657.61 on Sept. 8
+0	it hoped to raise 1.2 billion marks ( $ 642.2 million ) by issuing four million shares at 300 marks each	yesterday 's market cropped Dresdner 's share price by 33 marks to 309 marks a share , leaving little incentive for investors to subscribe to the standing price unless the market recovers quickly
+5	leaving little incentive for investors to subscribe to the standing price	the market recovers quickly
+11	there was panic buying in Paris	Wall Street turned around shortly after the opening
+11	that traders who had called to place sell orders changed their line in mid-conversation , ordering buys instead	the news spread that Wall Street was moving up
+5	to place sell orders	ordering buys
+10	however , the big boys entered the market , looking for bargains	Wall Street turned
+2	however , the big boys entered the market , looking for bargains	Wall Street turned
+1	Trading was driven primarily by small investors and speculators , with large institutions waiting on the sidelines until late in the day	When Wall Street turned the big boys entered the market
+1	J.P. Morgan & Co. swung to a loss in the third quarter	NCNB Corp. reported net income more than doubled , and Security Pacific Corp. net rose 10 %
+6	while NCNB Corp. reported net income more than doubled	Security Pacific Corp. net rose 10 %
+6	had they been accruing interest	Such loans to Argentina remain classified as non-accruing
+1	NCNB Corp. 's net income more than doubled in the period , largely because of continued strong performance by the bank 's Texas operations	The strong performance contrasted with an unexpectedly large increase in the size of NCNB 's problem loans , particularly in the Southeast
+6	The deterioration in credit quality offset strong loan growth of 17 % in NCNB 's Southeast operations , as well as a 28 % growth in deposits resulting from an aggressive marketing campaign	The higher rates paid on deposits helped squeeze NCNB 's net interest margin in the Southeast to 3.38 % from 3.80 % a year earlier
+10	Results were released	the market closed
+6	to complete the NCNB Texas purchase	to acquire several small failed thrifts to fill out its regional franchise
+1	Security Pacific 's earnings growth slowed in the third quarter	the Los Angeles bank holding company was still able to post a 10 % increase in net income because of robust growth in residential real-estate and consumer loans
+0	Security Pacific 's earnings growth slowed in the third quarter	but the Los Angeles bank holding company was able to post a 10 % increase in net income because of robust growth in residential real-estate and consumer loans
+2	These high-yielding loans in effect replaced some low-yielding assets such as inter-bank loans , which were allowed to decrease	Security Pacific 's net interest margin fell only 13 basis points , a more mild decrease than some major banks outside California
+2	Security Pacific 's loan-loss provision was down 22 % , or $ 30.4 million	it added to its foreign-debt reserve the year before
+6	McCaw has `` no obligation to purchase	the definition of private market value is uncertain
+2	that McCaw would be able to control LIN 's operations	and could operate LIN in a manner which could diminish its private market value and attractiveness to a third-party purchaser in five years
+6	at present none of us believes an offer for less than $ 25 per share would be fair	some believe that $ 25 is too low
+1	A spokesman for Dow Jones said he had n't seen the group 's filing	added , `` obviously Dow Jones disagrees with their conclusions
+3	the U.S. would have the right to suspend some trade concessions to Canada equivalent in value to the losses suffered by U.S. fish-processing companies in Alaska and the Pacific Northwest	a solution is n't reached by then
+1	the first dispute-settlement panel set up under the U.S.-Canadian `` free trade '' agreement has ruled that Canada 's restrictions on exports of Pacific salmon and herring violate the accord	the dispute-settlement panel accepted the `` legitimacy of Canada 's position on the use of these landing requirements to conserve and manage these important fisheries
+6	that the Canadian trade restrictions `` are illegal	that the `` landing requirement must be ended
+10	that the dispute-settlement panel rejected this Canadian government argument	an international panel set up under the rules of the General Agreement on Tariffs and Trade in Geneva determined that the original Canadian fish-export restrictions violated GATT rules
+2	the U.S. wo n't accept any delays after Nov. 13	U.S. fish-processing firms enter into contracts in the fall to purchase the next season 's catch
+10	the Canadian restrictions must be removed	such contracts are concluded
+3	to pay no heed	duty calls
+6	In exchange for the $ 76 million they are owed , creditor banks will receive 3.9 million shares of BancOklahoma common stock and the proceeds from the future sales of four subsidiary banks to private buyers	under the agreement , debenture holders will get one million shares of common stock in exchange for $ 7.7 million in debentures and holders of BancOklahoma 's series A preferred stock will receive 1.25 shares of common stock for every share of preferred they own
+6	Also under the agreement , debenture holders will get one million shares of common stock in exchange for $ 7.7 million in debentures	holders of BancOklahoma 's series A preferred stock will receive 1.25 shares of common stock for every share of preferred they own
+3	Were it true that a weak currency paves the way for trade surpluses	presumably Argentina would be the center of today 's global economy
+6	Under terms of the offer , the sporting goods maker will swap $ 9 face amount of 9 1/4 % subordinated notes due 1996 and one warrant for each common share	BSN is offering $ 850 face amount of new notes and 64 common-stock warrants for each $ 1,000 face amount of its convertible debt outstanding
+3	BSN will increase its debt by $ 9 million , but it also will recognize a $ 2 million gain from retiring the old debt	all the bondholders and holders of one million common shares accept the offer
+1	BSN will increase its debt by $ 9 million	it also will recognize a $ 2 million gain from retiring the old debt
+6	BSN will increase its debt by $ 9 million	but it will recognize a $ 2 million gain from retiring the old debt
+6	Merrill Lynch & Co. 's net income dropped 37 %	Bear Stearns Cos. posted a 7.5 % gain in net , and PaineWebber Group Inc. 's profit fell
+1	Merrill Lynch & Co. 's net income dropped 37 %	Bear Stearns Cos. posted a 7.5 % gain in net , and PaineWebber Group Inc. 's profit fell
+6	Merrill Lynch & Co. 's net income dropped 37 % , while Bear Stearns Cos. posted a 7.5 % gain in net	PaineWebber Group Inc. 's profit fell
+1	Merrill Lynch & Co. 's net income dropped 37 % , while Bear Stearns Cos. posted a 7.5 % gain in net	PaineWebber Group Inc. 's profit fell
+1	Investment banking revenue fell 22 % to $ 296.6 million on fewer equity and municipal underwritings	Merrill Lynch 's commission revenue grew 21 % to $ 462.8 million , on higher share prices and volume and on strong sales of mutual funds
+6	At Merrill Lynch , third-period net was $ 41 million , or 34 cents a share , down from $ 65.6 million , or 58 cents a share , a year ago	a loss of $ 2.2 million from the discontinued operations and disposal of its Fine Homes International Limited Partnership real-estate subsidiary
+1	Investment banking revenue climbed 25 %	commission revenue advanced 31 % on a stronger retail market
+11	Investment banking revenue climbed 25 %	commission revenue advanced 31 % on a stronger retail market
+6	At Merrill Lynch , third-period net was $ 41 million , or 34 cents a share , down from $ 65.6 million , or 58 cents a share , a year ago Bear Stearns said net in the first quarter ended Sept. 29 reached $ 22.1 million , or 23 cents a share , from $ 20.5 million , or 20 cents a share , in the year-earlier quarter	PaineWebber posted net income for the third quarter of $ 16.8 million , or 41 cents a share
+3	Individual investors , investment firms and arbitragers who speculate in the stocks of takeover candidates can suffer liquidity and payment problems	stocks dive
+11	Individual investors , investment firms and arbitragers who speculate in the stocks of takeover candidates can suffer liquidity and payment problems	stocks dive
+2	That 's good news	we all swim in this water
+1	No fiddling with systems and procedures will ever prevent markets from suffering a panic wave of selling	markets can operate with greater or lesser efficiency
+3	the exchange will halt trading for one hour	the Dow Jones index falls 250 points in a day
+3	the exchange will close for an additional two hours	the decline hits 400 points
+6	It is impossible to know whether that theory is realistic	A temporary cessation of trading may discourage a selling panic from feeding on itself
+1	A temporary cessation of trading may indeed discourage a selling panic from feeding on itself	there is also the possibility that shutting down markets will intensify fears and cause an even more abrupt slide in prices
+6	A temporary cessation of trading may indeed discourage a selling panic from feeding on itself	But there is the possibility that shutting down markets will intensify fears and cause an even more abrupt slide in prices
+10	and shut down at about 3 p.m. for 30 minutes	the Standard & Poor 's 500 stock index had fallen 12 points , or about 100 points on the Dow Jones index
+11	prices fell sharply	liquidity on that market weakened
+2	prices fell sharply	liquidity on that market weakened
+2	additional liquidity would have been provided	the decline , most probably , would have been less intense
+1	At 3:30 , after intense telephone negotiations between the trading markets and Washington , the futures exchanges reopened	Futures trading was halted altogether at 3:45
+10	Futures trading , however , was halted altogether at 3:45	the futures markets had dropped an additional 30 points
+6	Futures trading , however , was halted altogether at 3:45	At this point , the options markets shut down and once more left all sales to be handled by the New York Stock Exchange
+2	Traders can vary their strategies and execute their orders in any one of them	It makes no sense for each market to adopt different circuit breakers
+1	Synchronized circuit breakers would not have halted the slide in prices on Friday	they probably would have made for smoother , less volatile executions
+11	one market shut down for 30 minutes	the Dow declines 100 points
+2	one market shut down for 30 minutes	the Dow declines 100 points
+10	The need for hurried last-minute telephone negotiations among market officials will disappear	rules are in place that synchronize circuit breakers in all markets
+3	The need for hurried last-minute telephone negotiations among market officials will disappear	rules are in place that synchronize circuit breakers in all markets
+3	The new circuit breakers will require that futures and options trading continue as long as the New York Stock Exchange remains open	they are to be applied at all
+3	that futures and options trading continue	the New York Stock Exchange remains open
+6	Telephone service has been improved for customers trying to reach their brokers	specialists have larger capital positions
+3	The `` social dimension '' -- worker concerns -- of the European Community 's plan to open its internal borders in 1992 could set the effort `` off the rails	not done reasonably
+6	U.S. companies wanting to expand in Europe face `` tough pressure '' from unions in nations such as West Germany	unions wo n't like plant relocations and needed restructuring
+6	where wages are low	unions are weaker
+6	he was punched and kicked by one player	that the other broke his jaw with a baseball bat
+6	An Association of Academic Health Centers report urges freeing nurses from duties that do n't require special skills	It recommends better retirement and day-care benefits , and basing pay on education , experience and nurses ' demanding work schedules
+1	An Association of Academic Health Centers report urges freeing nurses from duties that do n't require special skills.It also recommends better retirement and day-care benefits , and basing pay on education , experience and nurses ' demanding work schedules	it opposes an American Medical Association proposal for creating a `` registered care technologist , '' as `` potentially divisive
+6	Over a third of 618 hospitals surveyed by consultant Hewitt Associates use a `` clinical ladder	Many use recruiting bonuses , tuition reimbursement , loan repayment or child-care help
+6	Despite labor-shortage warnings , 80 % aim for first-year wage increases of under 4 %	77 % say they 'd try to replace workers , if struck , or would consider it
+3	they 'd try to replace workers or would consider it	struck
+6	About 12 % have retired from a full-time job	54 % were asked to stay on full time
+1	HOME-SALE LOSSES rise	they 're often covered by employers
+1	HOME-SALE LOSSES rise , but they 're often covered by employers	they search for ways to limit the damage
+2	Since 1984 , more companies give sales-loss aid	many real-estate values depreciated
+10	it has given some employees the full purchase price	values fell from concern over dangers posed by a disposal site
+2	it has given some employees the full purchase price	values fell from concern over dangers posed by a disposal site
+2	Big Board officials were self-congratulatory about how well the day had gone	it was all over and stocks had staged a huge recovery
+6	When it was all over	stocks had staged a huge recovery
+10	We had no operating problems at all , '' Mr. Phelan said	the market closed
+11	the volume was still well within the 600 million-share capacity that the exchange has said it can handle daily since beefing up its computers after the October 1987 crash	reaching blockbuster proportions yesterday
+1	the volume was still well within the 600 million-share capacity that the exchange has said it can handle daily since beefing up its computers after the October 1987 crash	reaching blockbuster proportions yesterday
+10	it can handle daily	beefing up its computers after the October 1987 crash
+2	The so-called circuit breakers devised by the Big Board and the Chicago Mercantile Exchange to quell free falls in stock and futures prices were n't triggered yesterday	the markets were higher for most of the day
+11	customer traffic at chicken restaurants fell 10 % in the second quarter	the overall fast-food customer count was down 2 %
+1	customer traffic at chicken restaurants fell 10 % in the second quarter	the overall fast-food customer count was down 2 %
+6	Church 's Fried Chicken Inc. and Popeye 's Famous Fried Chicken Inc are still troubled by overlapping restaurant locations	Chicken chains are feeling more pressure from McDonald 's Corp
+6	New management at Kentucky Fried Chicken , a unit of PepsiCo Inc. , has fought back with new medium and large chicken sandwiches for the lunch crowd	the chain is testing products that are n't fried , such as `` char-grilled '' chicken , to try to win health-conscious consumers
+6	And the chain is testing products that are n't fried , such as `` char-grilled '' chicken , to try to win health-conscious consumers	Kentucky Fried Chicken is testing home-delivery of chicken
+1	But some fast-food industry analysts say problems with keeping chicken warm and fresh must be solved first	A Kentucky Fried Chicken spokesman disputed the notion that the delivery service experienced problems in some markets where testing has been discontinued
+1	The advertising industry is buzzing with rumors that Kentucky Fried Chicken will drop Young & Rubicam and seek a new ad agency	the company declines to comment
+1	They 've been laggard	they 'll have to become more aggressive
+1	who want exposure	shun pushy ads
+6	Hospitals have signed up to use the messages to promote fundraisers	Equitable Gas Co. is considering the format to offer energy tips to consumers
+1	Reluctant Advertisers Try Soft-Sell Spots	such spots can be too soft
+1	Big Bear Supermarkets Inc. , a grocery chain based in San Diego , plans to display shelf cards and distribute pamphlets recommending products deemed safe for the environment	the chain is quickly realizing the pitfalls of such endorsements
+7	But the chain is quickly realizing the pitfalls of such endorsements	it recommends nonchlorinated dishwasher detergent and puts Sunlight on its environmentally safe list
+9	noting that chlorine is present in all major dishwasher detergents	Lever Bros. confirms that its Sunlight brand does contain chlorine bleach
+0	that its Sunlight brand does contain chlorine bleach	it is n't listed on the label for the powder version
+6	Our intent is to promote the best alternative	it 's important that we be accurate
+1	Big Bear does n't care for disposable diapers	parents demand them
+1	Our intent is to promote the best alternative And it 's important that we be accurate	We 'll be forced to sell items we might not philosophically agree with
+10	soap sales climbed 5 %	bars were neatly stacked on shelves instead of dumped in a wire basket
+2	soap sales climbed 5 %	bars were neatly stacked on shelves instead of dumped in a wire basket
+3	Dr. Novello would succeed C. Everett Koop	she is nominated by President Bush and confirmed by the Senate
+6	Dr. Novello , an expert on pediatric kidney diseases , is deputy director of the National Institute of Child Health and Human Development	She has served on several task forces on acquired immune deficiency syndrome
+6	Dr. Novello 's office said she would n't talk with reporters	it refused to release any information about her
+6	she is 44 years old	she studied at the University of Puerto Rico School of Medicine
+0	The continuing series of HUD scandals is a sadly predictable result of pork-barrel politics	lobbies such as the National Association of Home Builders ( NAHB ) continue to pressure Capitol Hill for more special-interest spending
+1	There 's nothing unusual about business groups pushing for more government spending	the NAHB was created in 1943 out of an organization that made its name fighting a Roosevelt administration proposal to take over all defense housing production
+3	I would n't have a problem	other programs had taken a similar hit
+6	But NAHB support for subsidies is not related to the current housing crunch ; over the years the NAHB has backed a host of public programs	the NAHB remains susceptible to internal pressure from members that specialize in subsidized production
+0	the mere diversion of funds from other parts of the economy and from other forms of housing ( such as low-income ) to the single-family home market would result in a major expense	Mr. Colton says expanding FHA lending would result in `` no cost to the government
+6	The federal government has had to pump in $ 2.28 billion into the VA housing program since 1984 to keep the fund afloat	the VA requested an additional $ 120 million for the fiscal year just ended
+1	In its nicely produced publication `` Where Will Our Children Live ? '' the NAHB does acknowledge that `` of course , the full measure of housing affordability can not be provided by the federal government . '' It points to the pernicious impact of local government regulation , particularly zoning and building fees , which pushes the price of housing out of the reach of low- and middle-income people	while the NAHB has suggested actions that states and localities should take to reduce regulatory barriers , the association has proposed no activist legislative program -- comparable to , say , its detailed request for more federal subsidies -- to eliminate counterproductive controls
+1	But the association has proposed no activist legislative program -- comparable to , say , its detailed request for more federal subsidies -- to eliminate counterproductive controls	the NAHB has suggested actions that states and localities should take to reduce regulatory barriers
+1	The builders like the subsidies	at the same time they tend to be fiscal conservatives in terms of major issues , such as the balanced-budget amendment
+1	The only strong opposition to changing the EC treaty comes from British Prime Minister Margaret Thatcher	the process of convening the intergovernmental conference does n't require unanimity
+1	French President Francois Mitterrand fought to set a date for the conference during the EC summit in Madrid last June	the move was scuttled because of opposition by Mrs. Thatcher and West German Chancellor Helmut Kohl
+10	the unfortunate victim replied , `` It was a combination of things	asked `` What went wrong ?
+6	It was a combination of things	so it was on Gray Friday
+3	however , it 's probably the case that no barriers should have been erected to stop the procession before the end of the rout ( e )	that is so
+1	The grand marshal of this parade would appear to have been excess leverage	Even if that is so it 's probably the case that no barriers should have been erected to stop the procession before the end of the rout ( e )
+1	As usual , few favorable reviews were heard for that ever-present marching band of program traders	most serious studies suggest they only play the music that others write
+1	As usual , few favorable reviews were heard for that ever-present marching band of program traders	What really spooked the crowds along Wall Street was the sudden concern that , whatever the reason , the pool of debt capital is drying up
+2	Gray Friday reflects a panic mainly by the takeover arbitragers , rather than the small investor	their highly margined investments in the `` deal '' stocks are jeopardized by the unexpected drying up of the lubricant for deal financing
+2	Deal stocks led the market down	they absorbed the heaviest losses
+2	Investors have reacted by ignoring recent efforts to float junk bonds by Ohio Mattress and by forcing Ramada to postpone indefinitely its planned junk-bond sale and restructuring	high-yield mutual funds have declined across the board and the many firms planning to sell $ 11 billion in junk bonds before year-end are experiencing anxious times
+6	As a result , high-yield mutual funds have declined across the board	the many firms planning to sell $ 11 billion in junk bonds before year-end are experiencing anxious times
+6	These are all market excesses	what we 've seen is the market reining them in
+6	Of course , Washington had n't been silent in the days leading up to the debacle	its tendency to meddle in the leverage equation remains a troublesome prospect
+1	Of course , Washington had n't been silent in the days leading up to the debacle , and its tendency to meddle in the leverage equation remains a troublesome prospect	those preliminary steps should n't distract us from the basic market fundamentalism that was at work on Friday
+3	what are the implications for policy makers	it is correct to find that concerns over corporate debt and LBOs caused Gray Friday
+3	takeover premiums become excessive	the private market will recognize these problems more quickly and accurately than will policy makers , and the markets will move with lightning speed to impose appropriate sanctions
+3	LBO dealmakers become too aggressive	the private market will recognize these problems more quickly and accurately than will policy makers , and the markets will move with lightning speed to impose appropriate sanctions
+6	then the private market will recognize these problems more quickly and accurately than will policy makers	the markets will move with lightning speed to impose appropriate sanctions
+2	then the private market will recognize these problems more quickly and accurately than will policy makers	the markets will move with lightning speed to impose appropriate sanctions
+1	Yes , the broader exchanges got caught up in the spiral	they rode the tiger up all year
+1	The arbitragers and takeover initiatiors got killed on Gray Friday	the besieged managers of prospective targets cheered lustily
+3	you must concede that speedy and effective relief from the excesses of the takeover market is more likely to come from the marketplace than from Washington	you identify with the besieged managers
+3	you clearly have more to fear from private investors than from regulators	you side with the arbitragers and raiders
+1	you clearly have more to fear from private investors than from regulators	the Delaware courts should never be underestimated
+1	actual legislation would probably impose considerable harm	the average citizen is probably not harmed too much from Washington 's rhetorical war against Wall Street regarding excessive financial leveraging
+6	to distinguish `` good debt '' from `` bad debt	to draw the line at a particular industry , such as the airlines
+11	By 10 a.m. Tokyo time , the index was up 435.11 points , to 34903.80	investors hailed New York 's overnight rally
+6	The index slid 647.33 points , or 1.8 % , on Monday	Shares closed sharply lower across Europe , particularly in Frankfurt
+1	Shares also closed sharply lower across Europe , particularly in Frankfurt	London and a few other markets recovered some ground after stocks began to rebound in New York
+10	although London and a few other markets recovered some ground	stocks began to rebound in New York
+1	Other Asian and Pacific markets had sharper losses than Tokyo	the selling wave stopped short of precipitating another market crash
+2	All eyes were on Tokyo at the opening	it was the first major market to trade since Friday 's 190.58-point plunge on Wall Street
+1	All eyes were on Tokyo at the opening because it was the first major market to trade since Friday 's 190.58-point plunge on Wall Street	rather than set the tone for other markets , Japan 's major institutional investors chose to remain on the sidelines
+0	But rather than set the tone for other markets , Japan 's major institutional investors chose to remain on the sidelines	despite the sudden reappearance of stock-market turbulence , managers of Japanese investment funds said they were n't planning to unload U.S. or European equities
+2	We did n't trade much today	our policy now is to wait and see
+10	We would like to wait and see	trading goes around through Europe and New York
+3	that Japanese regulators would step in to ensure orderly trading	necessary
+6	The institutions appeared confident that Japanese regulators would step in to ensure orderly trading if necessary	there was considerable speculation during the day that the Finance Ministry was working behind the scenes to do just that
+1	that the Finance Ministry was working behind the scenes to do just that	in the absence of panicky trading , its presence was never overtly felt
+1	At the close , the Nikkei average of 225 stocks stood at 34468.69 , down 647.33 points , or 1.8 %	volume was thin at 526.2 million shares , compared with 574.7 million Friday
+1	A midmorning rebound brought it back to show a gain of about 200 at the end of the morning session	the rally failed in the afternoon
+6	but the rally failed in the afternoon	the market closed near the day 's low
+6	and the market closed near the day 's low	The smaller stocks in the Tokyo market 's second section posted their biggest decline of the year
+1	that the Tokyo market did n't fall more sharply	its performance did bear some resemblance to events of two years ago , during the October 1987 global stock market crash
+6	On Oct. 16 , 1987 -- the Friday before the Black Monday crash -- the New York market dropped 4.6 %	Tokyo followed on Monday with a 2.4 % drop
+2	Two years ago , Tokyo 's biggest fall came the day after New York 's 22.6 % Black Monday plunge , when the Nikkei average fell 14.9 %	market participants yesterday were looking ahead nervously to Wall Street 's opening
+1	Thus , market participants yesterday were looking ahead nervously to Wall Street 's opening	in New York yesterday , the Dow Jones Industrial Average surged 88.12 to close at 2657.38 on heavy volume of 416,290,000 shares
+1	But in New York yesterday , the Dow Jones Industrial Average surged 88.12 to close at 2657.38 on heavy volume of 416,290,000 shares	declining issues still outnumbered advancing ones on the broad market
+6	Nobuto Yasuda , a director at Yamaichi Investment Trust & Management Co. , called yesterday 's session `` a good scenario '' for Japan	Isao Ushikubo , general manager of the investment research department at Toyo Trust & Banking Co was optimistic
+5	this is the best time to buy	there is a panic
+1	Those shares which had posted gains on M & A speculation were dashed with cold water	as far as major stocks are concerned , there is n't much impact
+0	the region 's markets were reacting to Friday 's Wall Street plunge	that decline was due to local factors such as failed corporate buy-outs and a deteriorating junk-bond market
+6	Markets in this region are n't so geared to leveraged buy-outs	their economies generally are in good shape
+1	Markets in this region are n't so geared to leveraged buy-outs , and their economies generally are in good shape	there 's no doubt that Asia is still following America 's lead
+2	Malaysia and Singapore had the biggest losses	they are relatively open to rapid cash flows
+1	Hong Kong is the region 's next most open market	many foreign investors have been staying away from it since it plunged in June amid political turmoil in China
+10	but many foreign investors have been staying away from it	it plunged in June amid political turmoil in China
+2	Singapore took the hit	when people want to get out , they tend to go where the liquidity is
+3	because they tend to go where the liquidity is	people want to get out
+11	because they tend to go where the liquidity is	people want to get out
+2	that even after Monday 's 10 % decline , the Straits Times index is up 24 % this year	investors who bailed out generally did so profitably
+6	that even after Monday 's 10 % decline , the Straits Times index is up 24 % this year	Kuala Lumpur 's composite index yesterday ended 27.5 % above its 1988 close
+1	Trading was heavy at about one billion shares , compared with 473.9 million Friday	the session was orderly , in contrast to the market 's four-day closure after the 1987 crash
+3	I see maybe another 5 % on the downside , not counting the risk of bad news out of China	New York does n't collapse
+1	In Australia , Sydney 's All Ordinaries index closed at 1601.5 , down 8.1 % , its biggest drop since October 1987	volume rose only to 162 million shares from 143 million Friday
+2	Nestor Hinzack , an analyst at brokerage firm Burdett , Buckeridge & Young Ltd. , described the market 's performance as `` sheep-like	investors fled to bluechip Australian stocks and shunned entrepreneurial companies they perceived as having any takeover premium built into the price
+10	At its low it was off more than 130 points	Wall Street opened
+1	when many small investors held on to their shares after the October crash	the West German market continued to decline steeply for the next three months
+3	that everything loose would end up in California	you tipped the world on its side
+1	that Mr. Wright underestimated California 's vitality	maybe the state 's la-la factions are starting to overwhelm the forces that made it such a significant place
+3	the recently announced initiative would phase out major pesticides , reduce carbon dioxide emissions by 40 % , ban new offshore drilling , ban chemicals thought to deplete the ozone layer , and create a new state environmental officer armed with a $ 40 million budget to sue any firm or agency he thinks is being too dirty	passed by the voters
+3	Not only Californians but all Americans would pay	this thing passed
+9	Not only Californians but all Americans would pay if this thing passed.The initiative bars the sale of any crops in California that do n't meet the initiative 's standards.Kansas wheat farmers and Florida fruit growers would have to adjust or give up the California market	California is presuming to take control of the nation 's farm policy
+0	it is inconceivable that reductions in a single state could have any impact on what is billed as a global problem	one buys into the whole greenhouse theory
+1	As usual the green lobby 's proposal is disconnected from scientific reality	if rational science and economics have nothing to do with the new environment initiative , what is going on
+3	But what is going on	rational science and economics have nothing to do with the new environment initiative
+6	The initiative seems to have been crafted to include all the hot issues that set off the wealthy Hollywood weepers who donate money	it allows Mr. Van de Kamp to get around campaign spending limits
+1	This initiative is being labeled The Big Green	maybe it should be called The Big Greenback
+1	it is of course conceivable that in modern California it could slide through	it is possible that the Big Green initiative will be ruled unconstitutional
+3	the green lobby will benefit directly	this new proposal ever does become law
+2	that the environment is such a mom and apple-pie issue among certain segments of California 's population	almost any collection of anti-scientific , anti-pocketbook nonsense can pass under its rubric
+7	course the state 's liberals are not yet a nation unto themselves	George Bush may decide that he does n't want to be the President who lost control of interstate commerce to an attorney general from California
+6	George Bush , for example , may decide that he does n't want to be the President who lost control of interstate commerce to an attorney general from California	some other segments of California 's political and media culture may yet start to point out that the initiative would impose significant costs on the state 's less affluent citizens in the form of higher food prices and lost jobs
+10	First , there was a death watch	exhilaration
+6	Declining stocks on the Big Board outnumbered advancers , 975 to 749	the over-the-counter market that includes many smaller stocks suffered aftershocks of Friday 's late Big Board plunge
+11	Spurred by waves of large-scale buying in blue-chip stocks , the Dow Jones Industrial Average rallied yesterday and erased about a half of Friday 's 190.58-point plunge , gaining 88.12 to 2657.38	in a divergence in two of the market 's most important indicators , the Dow industrials ' sister average , the 20-stock Dow Jones Transportation Average , tumbled 102.06 to 1304.23 -- its second-worst decline next to the 164.78-point fall during the 1987 crash
+1	Spurred by waves of large-scale buying in blue-chip stocks , the Dow Jones Industrial Average rallied yesterday and erased about a half of Friday 's 190.58-point plunge , gaining 88.12 to 2657.38	in a divergence in two of the market 's most important indicators , the Dow industrials ' sister average , the 20-stock Dow Jones Transportation Average , tumbled 102.06 to 1304.23 -- its second-worst decline next to the 164.78-point fall during the 1987 crash
+10	which each fell more than 20 %	they reopened for trading yesterday
+10	when they reopened for trading yesterday	being suspended Friday afternoon
+1	Overall , `` this is a pleasant rally	it 's very selective
+1	that Friday 's market debacle was `` an abnormal condition , and not a disaster	to traders , it looked like disaster on the 9:30 a.m. opening bell
+6	The Dow dropped to a quick 27-point loss	to many traders it looked as if stocks were headed for yet another big tumble
+11	More stocks opened over the ensuing half hour	the 49 Big Board specialist firms in charge of keeping the market orderly groped to find buy orders from major brokerage firms
+2	More stocks opened over the ensuing half hour	the 49 Big Board specialist firms in charge of keeping the market orderly groped to find buy orders from major brokerage firms
+10	More stocks opened over the ensuing half hour	to make matters worse , computerized sell programs kicked in , hammering stocks into steeper losses
+11	There was heavy stock-index arbitrage	traders sold big baskets of stock and bought stock-index futures
+2	There was heavy stock-index arbitrage	traders sold big baskets of stock and bought stock-index futures
+10	that some of the big program trading firms would hold off	the market stabilized
+10	The Dow accelerated its slide , losing 63.52 in the first 40 minutes of trading	at 10:15 the Dow suddenly started to rebound
+6	Then at 10:15 the Dow suddenly started to rebound	when it shot upward it did so even faster than the early-morning fall
+11	and it did so even faster than the early-morning fall	it shot upward
+6	Then at 10:15 the Dow suddenly started to rebound , and when it shot upward it did so even faster than the early-morning fall	this time , it was n't just the program traders who were responsible
+1	The program traders were in there , too , of course	according to one trader , the programmers `` did n't look as dominant on the upside as on the downside
+2	But according to one trader , the programmers `` did n't look as dominant on the upside as on the downside	there was { also } a lot of bargain-hunting '' by institutions
+6	The program traders were in there , too , of course	because there was a lot of bargain-hunting '' by institutions
+1	The stock opened late at 114 1/2 , down 8 1/2	then it shot upward 7 1/2 as Goldman , Sachs & Co. stepped in and bought
+10	The stock opened late at 114 1/2 , down 8 1/2	But it shot upward 7 1/2
+10	But then it shot upward 7 1/2	Goldman , Sachs & Co. stepped in and bought
+2	But then it shot upward 7 1/2	Goldman , Sachs & Co. stepped in and bought
+3	I would be surprised	Goldman represented 4 % of the opening volume
+1	Around Wall Street , trading desks were relieved that they could at least play the market yesterday , in contrast to Friday 's gridlock	the market had n't yet crossed into positive territory , and traders were glum
+6	Still , the market had n't yet crossed into positive territory	traders were glum
+2	Still , the market had n't yet crossed into positive territory	traders were glum
+1	Still , the market had n't yet crossed into positive territory	in another dramatic burst , the Dow tacked on 42 points in five minutes , and at 10:25 the index showed a gain of 5.74
+6	But in another dramatic burst , the Dow tacked on 42 points in five minutes	at 10:25 the index showed a gain of 5.74
+10	The carnage on the Chicago Board Options Exchange , the nation 's major options market , was heavy	the trading in S & P 100 stock-index options was halted Friday
+6	Many market makers in the S & P 100 index options contract had bullish positions Friday	when the shutdown came they were frozen with huge losses
+11	and they were frozen with huge losses	the shutdown came
+10	This time { institutions } saw the programs coming and backed away and backed away	when the market was at a technical level to buy , they came in with a vengeance
+11	Then they came in with a vengeance	the market was at a technical level to buy
+1	James Gallagher , a partner at specialist Fowler & Rosenau , said , `` The difference between today and two years ago '' -- `` Terrible Tuesday , '' Oct. 20 , 1987 -- `` is that then we needed a savior to go into the Major Market Index , spend $ 2 million and get the program rally started.This time { institutions } saw the programs coming and backed away and backed away.Then when the market was at a technical level to buy , they came in with a vengeance	according to one analyst , the timing of Major Market Index futures buying just before the turnaround was similar to that of Terrible Tuesday
+1	their performance yesterday was better than during Friday 's late-afternoon chaos , according to traders and brokers who work with them	the Big Board 's specialist firms struggled through another highly volatile trading session
+1	Specialists were criticized for their inability to maintain orderly markets during the Friday plunge	yesterday , even with halts in such major blue-chip stocks as Merck , `` we expected ( the halts ) and it was n't too bad
+2	But yesterday , even with halts in such major blue-chip stocks as Merck , `` we expected ( the halts )	it was n't too bad
+1	According to a Big Board official there were subsequent trading halts in only three issues -- AMR , Merck and Valero Energy	many stocks opened late
+6	Yet from the Dow industrials ' high on Oct. 9 through Friday 's plunge , relatively good performances have been turned in by real-estate , utilities , precious metals and life insurance stocks	yesterday , the top performing industry group was oil field equipment issues
+7	And yesterday , the top performing industry group was oil field equipment issues	Halliburton jumped 3 1/4 to 38 , Schlumberger rose 2 1/2 to 43 1/4 and Baker Hughes rose 1 1/8 to 22
+6	For example , Halliburton jumped 3 1/4 to 38 , Schlumberger rose 2 1/2 to 43 1/4	Baker Hughes rose 1 1/8 to 22
+6	Among other major issues , Coca-Cola Co. closed up 2 at 66 3/4 on 1.7 million shares	American Telephone & Telegraph rose 3 1/4 to 43 on nearly 7.8 million shares
+10	Shares of International Business Machines finished at 103 , up 1	slipping below 100 during Friday 's session for the first time in five years
+10	Shares of three brokerage firms rose	they reported earnings
+6	Merrill Lynch added 1 3/4 to 28 , PaineWebber rose 3/4 to 18 1/2	Bear Stearns rose 3/8 to 14 1/4
+1	Program trades make up 10 % of the exchange 's volume on an average day	despite the increase Friday , it was `` certainly not something you would say precipitated the market decline
+6	that exchange officials had conversations with Wall Street firms throughout the weekend	that `` all the participants behaved very , very responsibly today
+6	Mr. Phelan expressed relief that the market rebounded yesterday	Peter DaPuzzo , Shearson 's head of retail equity trading , praised institutional investors in the OTC market , who were heavy buyers of the Nasdaq 's biggest technology issues yesterday amid a flood of selling by other investors
+5	They did n't panic during the first round of selling this morning	they bought on weakness and sold into the strength , which kept the market orderly
+2	the performance of specialists during Friday 's plunge was admirable	out of 1,640 Big Board common stocks traded during the day only seven were closed and were n't reopened before the close
+1	A three-judge appeals panel yesterday refused to comply	liberal Judge Pat Wald went out of her way to deny that this was a `` frivolous '' case
+1	By a 6-4 margin , House negotiators initially rejected last night a Senate provision covering all domestic flights	the six-hour compromise was soon agreed to in subsequent discussions
+2	As a practical matter , flights from the West Coast to Hawaii would be covered	they are under the time limit
+1	As a practical matter , flights from the West Coast to Hawaii would be covered	the language would exempt longer routes beginning , for example , in Chicago or on the East Coast
+6	The measure is attached to the more than $ 26 billion fiscal 1990 transportation bill within Mr. Lautenberg 's jurisdiction	the final compromise is laced with more than $ 205 million in road projects earmarked by members as well as funds sought by major airports , including Denver
+1	From the outset , the tobacco industry has been uncertain as to what strategy to follow	the industry retains support in the House leadership through the influence of grower states , such as North Carolina
+6	Majority Whip William Gray owes a political debt to Southern agriculture lawmakers for his rise in the House	the Philadelphia Democrat used his position in the conference to salvage the exemption from a total ban
+1	the underlying bill was the subject of behind-the-scenes lobbying because of its impact on air transportation and the more mundane , but politically important , projects of members	the smoking provision has attracted the most public interest
+1	Anybody can vote as they want	if you make a request , you should support the committee
+3	But you should support the committee	you make a request
+6	Within the Federal Aviation Administration , the final bill promises to increase spending for facilities and equipment by more than 20 % from last year	total operations would rise to $ 3.84 billion -- a 12 % boost
+6	The facilities account includes $ 40 million for Denver 's ambitious new airport	the competition for these funds created shifting alliances between urban lawmakers representing established airports in Philadelphia and Michigan and the major carriers to Denver , United and Continental
+10	that would have delayed funds for the project	Denver and the airlines had agreed to leases for 50 % of the gates
+1	that would have delayed funds for the project until Denver and the airlines had agreed to leases for 50 % of the gates	this was rejected in favor of much looser language directing the Transportation Department to review the costs of the first phase
+1	The sum is more than double what the House had approved for the program	the list of qualified airports would be cut by 22 under new distance requirements and limits on the level of subsidy
+6	Among rail and highway accounts , the agreement provides $ 615 million for Amtrak , including $ 85 million for capital improvements	federal-formula grants for mass transit would be effectively frozen at $ 1.625 billion , or $ 20 million more than last fiscal year
+2	to free its top executives , Peter Guber and Jon Peters , from an exclusive agreement with Time Warner Inc. 's Warner Communications Inc	they can run Columbia Pictures Entertainment Inc
+2	Congress has been critical of the Bush administration for not sending enough aid to Poland	it is getting ready to send its own version of a CARE package
+10	Maybe they 'd be willing to come back and do the same for the American people	the staffers explain their work to the Poles
+10	Friday 's flight to quality was no longer needed	the stock market found its legs
+2	Friday 's flight to quality was no longer needed	the stock market found its legs
+1	That caused investors to flee stocks and buy high-quality Treasury bonds	when stocks began to climb instead , prices of Treasury bonds declined
+11	But prices of Treasury bonds declined	stocks began to climb instead
+5	a further drop in stock prices after the nearly 200-point drop in the Dow Jones Industrial Average on Friday	But when stocks began to climb
+2	yesterday 's modest easing did n't stir much enthusiasm	it had been widely expected
+9	yesterday 's modest easing did n't stir much enthusiasm because it had been widely expected	that the latest easing started last week
+2	that some investors were disappointed	they had expected a more aggressive easing
+10	they gave back three-fourths of that amount yesterday	Treasury bill rates plummeted as much as 0.70 percentage point on Friday
+7	After Treasury bill rates plummeted as much as 0.70 percentage point on Friday , they gave back three-fourths of that amount yesterday	The bond-equivalent yield on three-month Treasury bills was quoted late yesterday at 7.72 % , compared with 7.16 % Friday
+6	The Treasury 's benchmark 30-year bond , ended about 1 3/4 points lower , or down about $ 17.50 for each $ 1,000 face amount	Investment-grade corporate bonds , mortgage-backed securities and municipal bonds fell
+1	Investment-grade corporate bonds , mortgage-backed securities and municipal bonds also fell	prices of junk bonds rebounded to post small gains after a volatile trading session
+11	but staged a modest comeback	stock prices firmed
+2	but staged a modest comeback	stock prices firmed
+9	the high-yield market was helped by active institutional buying	firms such as First Boston Corp. and Drexel Burnham Lambert Inc. began making a market in junk issues early in the session when prices hit severely depressed levels
+7	U.S. Treasury bonds were higher in overnight trading in Japan	The benchmark 30-year bond rose one point in early Japanese trading in reaction to a quick 600-point drop in the Tokyo stock market
+1	The benchmark 30-year bond , for example rose one point in early Japanese trading in reaction to a quick 600-point drop in the Tokyo stock market	as Japanese stocks rebounded , Treasurys retreated and ended just modestly higher
+11	But Treasurys retreated and ended just modestly higher	Japanese stocks rebounded
+10	We went down 3/4 point in 10 minutes right before lunch	after lunch we went up 3/4 point in 12 minutes
+10	bonds prices fell as the stock market regained strength	the market opened here
+11	bonds prices fell	the stock market regained strength
+2	bonds prices fell	the stock market regained strength
+6	Industrial production is expected to have declined 0.2 % , according to a consensus of economists surveyed by Dow Jones Capital Markets Report.The August trade deficit is expected to have widened to $ 9.1 billion from $ 7.58 billion in July	agency supply is expected to weigh heavily on the market today when the Federal Home Loan Bank prices a $ 2.3 billion offering of one-year , three-year , five-year and 10-year maturities
+11	Industrial production is expected to have declined 0.2 % , according to a consensus of economists surveyed by Dow Jones Capital Markets Report.The August trade deficit is expected to have widened to $ 9.1 billion from $ 7.58 billion in July	agency supply is expected to weigh heavily on the market today when the Federal Home Loan Bank prices a $ 2.3 billion offering of one-year , three-year , five-year and 10-year maturities
+6	Tomorrow , the Resolution Funding Corp. will provide details of its first bond issue	this week the Tennessee Valley Authority plans to price a $ 3 billion offering , its first public debt borrowing in 15 years
+2	Rates are determined by the difference between the purchase price and face value	higher bidding narrows the investor 's return while lower bidding widens it
+1	Thus , higher bidding narrows the investor 's return	lower bidding widens it
+1	The percentage rates are calculated on a 360-day year	the coupon-equivalent yield is based on a 365-day year
+6	The 13-week bills mature Jan. 18 , 1990	the 26-week bills mature April 19 , 1990
+11	Foreign bonds surged	the dollar weakened against most major currencies
+2	Foreign bonds surged	the dollar weakened against most major currencies
+6	Britain 's 11 3/4 % bond due 2003/2007 ended 1 1/8 higher at 111 19/32 to yield 10.12 %	the 11 3/4 % notes due 1991 rose 21/32 to 98 26/32 to yield 12.74 %
+11	Mortgage securities gave up most of Friday 's gains	active issues ended 24/32 to 30/32 point lower
+11	morning activity was hectic	prices dropped in response to gains in the stock market and losses in Treasury securities
+2	morning activity was hectic	prices dropped in response to gains in the stock market and losses in Treasury securities
+1	morning activity was hectic as prices dropped in response to gains in the stock market and losses in Treasury securities	trading slowed to moderate levels in the afternoon
+6	Government National Mortgage Association 9 % securities for November delivery were quoted late yesterday at 98 4/32 , down 30/32 from Friday ; 9 1/2 % securities were down 27/32 at 100 5/32	10 % securities were at 102 2/32 , off 24/32
+11	Late yesterday Ginnie Mae 9 % securities were yielding 9.39 % to a 12-year average life assumption	the spread above the Treasury 10-year note narrowed 0.01 percentage point to 1.42
+2	there were some busy dealings in Freddie Mac and Federal National Mortgage Association securities	underwriters from last week 's heavy slate of real estate mortgage investment conduit issues moved to gather collateral for new deals
+10	to where they were	the 190.58-point drop in the Dow Jones Industrial Average Friday prompted a capital markets rally
+1	Tax-exempts started the session flat to a touch higher on anticipation of further stock market erosion	bond prices rapidly turned south as it became more clear that a repeat of the October 1987 crash was n't at hand
+11	but bond prices rapidly turned south	it became more clear that a repeat of the October 1987 crash was n't at hand
+2	but bond prices rapidly turned south	it became more clear that a repeat of the October 1987 crash was n't at hand
+10	retail investors seemed to be hugging the sidelines	a measure of volatility is wrung out of the market
+6	New Jersey Turnpike Authority 's 7.20 % issue of 2018 was off 3/4 at 98 1/2 bid , yielding 7.32 % , up 0.07 percentage point from late Friday Florida Board of Education 's 7 1/4 % issue of 2023 was 5/8 point weaker at 99 1/2 bid.The 7 1/8 % issue of Triborough Bridge and Tunnel Authority of New York , due 2019 , was off 5/8 at 98 1/8 bid	Fairfax County , Va. , Water Authority 's 7 1/4 % issue of 2027 was down 3/4 at 99 7/8 bid
+6	runaway medical costs '' have made health insurance `` a significant challenge	margins also have been pinched by changes in the mix of life-insurance products consumers now demand
+6	runaway medical costs '' have made health insurance `` a significant challenge	and margins have been pinched by changes in the mix of life-insurance products consumers now demand
+6	The Business Men 's Assurance unit represented about $ 288 million of the company 's $ 488 million in 1988 revenue	the unit 's operating income was about $ 10 million
+7	Without detailing specific product breakdowns , Nintendo credited its bullish upsurge in sales -- including advanced computer games and television entertainment systems -- to surging `` leisure-oriented '' sales in foreign markets	Export sales for leisure items alone totaled 184.74 billion yen in the 12 months , up from 106.06 billion in the previous fiscal year
+1	Export sales for leisure items alone , for instance , totaled 184.74 billion yen in the 12 months , up from 106.06 billion in the previous fiscal year	Domestic leisure sales were lower
+1	There is no pressing need to sell the unit	we are doing it so we can concentrate on our core business , renting automobiles in the U.S. and abroad
+2	but we are doing it	we can concentrate on our core business , renting automobiles in the U.S. and abroad
+6	it is in negotiations to sell `` certain facilities to a third party	it needs the extension to try to reach a definitive agreement on the sale
+3	the sale apparently would satisfy antitrust issues raised by the U.S. Justice Department about U.S. Banknote 's offer to buy International Banknote	completed
+6	U.S. Banknote said `` there can be no assurance '' a sale agreement would be concluded	It said the tender offer would probably have to be extended further to complete financing arrangements
+6	he extended his unsolicited tender offer of $ 32 a share tender offer , or $ 154.3 million , for Di Giorgio Corp. to Nov. 1	which includes common and preferred stock purchase rights
+3	you 're right	you guessed black-and-white snapshots
+6	Trendy magazine advertisements feature stark black-and-white photos of Hollywood celebrities pitching jeans , shoes and liquor.Portrait studios accustomed to shooting only in color report a rush to black-and-white portrait orders	black-and-white photography classes are crowded with students
+6	On Seventh Avenue , designers have been advancing the monochrome look with clothing collections done entirely in black and white	classic black-and-white movies are enjoying a comeback on videocassette tapes
+1	Until two years ago , sales of black-and-white film had been declining steadily since the 1960s	last year sales increased 5 %
+6	But last year sales increased 5 %	they are expected to jump at least that much again this year
+6	The Rochester , N.Y. , photographic giant recently began marketing T-Max 3200 , one of the fastest and most sensitive monochrome films	trying to snare a portion of the $ 2 billion-a-year industry is Agfa Corp. , a unit of Bayer AG
+1	the paper `` could have been introduced a long time ago	the market was n't there then
+1	Sales of Ilford 's four varieties of black-and-white film this year are outpacing growth in the overall market	the company wo n't say by exactly how much
+6	We wanted to highlight the individual , not the environment	black and white allows you to do that better than color
+6	Even food products and automobiles are making the switch	Portrait studios have latched onto the trend
+2	she spurned a color portrait for black and white	it 's more dramatic
+6	I show it to my friends	they all say 'wow
+1	she spurned a color portrait for black and white	most consumers are n't plunking black-and-white film into their cameras to take family snapshots
+6	Black-and-white film costs consumers a little less than color film	processing costs the same
+1	Black-and-white film costs consumers a little less than color film , and processing costs the same	for photofinishers , developing costs for black-and-white film are higher
+7	Some companies are starting to tackle that problem	Ilford recently introduced a black-and-white film that can be processed quickly by color labs
+6	Ilford , for example , recently introduced a black-and-white film that can be processed quickly by color labs	the company is increasing its sponsorship of black-and-white photography classes
+6	Ilford , for example , recently introduced a black-and-white film that can be processed quickly by color labs.Intent on wooing customers , the company is also increasing its sponsorship of black-and-white photography classes	Agfa is sponsoring scores of photography contests at high schools and colleges , offering free black-and-white film and paper as prizes
+6	Similarly , Agfa is sponsoring scores of photography contests at high schools and colleges , offering free black-and-white film and paper as prizes	Kodak is distributing an instructional video to processors on how to develop its monochrome film more efficiently
+10	The kit was introduced	retailers noticed numerous requests from parents for children 's photography equipment
+1	After years of fading into the background , two-tone photography is coming back	some industry observers believe the resurgence of black and white is only a fad
+1	But some industry observers believe the resurgence of black and white is only a fad	when Popular Photography , a leading magazine for photographers , selected 15 of the greatest photos ever made for its latest issue celebrating photography 's 150th anniversary , all were black and white
+11	But all were black and white	Popular Photography , a leading magazine for photographers , selected 15 of the greatest photos ever made for its latest issue celebrating photography 's 150th anniversary
+6	McClatchy Newspapers Inc. said improvements in advertising and subscription revenue led to a 21 % gain in third-quarter profit to $ 8.8 million , or 31 cents a share , from $ 7.2 million , or 25 cents a share	The Sacramento , Calif. , company attributed improved performance to a lower effective tax rate and higher interest income
+6	submitted last Friday	submitted last week
+6	Those two offers were private	the spokesman refused to identify the bidding companies
+1	a little-known indicator that has faithfully foreshadowed the economy 's ups and downs by exceptionally long lead times points to a sustained rise in overall business activity	Friday 's plunging stock market prompted new fears about the economy 's prospects
+6	The barometer , developed by analysts at Columbia University 's Center for International Business Cycle Research here , reached a record high of 223.0 in August , the latest month available	the Columbia researchers estimate that it has moved even higher since then
+1	The latest reading of 223.0 was up from 222.3 in July and 215.3 as recently as March	the Commerce Department 's widely followed index of leading indicators , while up in August , has fallen repeatedly since reaching a high early this year
+1	In contrast , the Commerce Department 's widely followed index of leading indicators has fallen repeatedly since reaching a high early this year	up in August
+10	In contrast , the Commerce Department 's widely followed index of leading indicators , while up in August , has fallen repeatedly	reaching a high early this year
+1	Its ragged behavior through much of 1989 has prompted some forecasters to anticipate the start of a new recession perhaps before year 's end	the far stronger showing of the Columbia index `` makes a recession any time soon highly unlikely
+11	The group normally convenes	a change in the economy 's general course seems likely
+3	The group normally convenes	a change in the economy 's general course seems likely
+2	No meeting is scheduled	the expansion shows no sign of going off the tracks
+6	to signal recessions or recoveries , as the case may be , by substantially greater periods than the Commerce Department 's index of leading indicators	The Columbia economists have reconstructed how the long leading index would have behaved , had it existed , in 1929 , before the stock market crash in October that ushered in the Great Depression.The indicator reached a peak in January 1929 and then fell steadily up to and through the crash
+10	how the long leading index would have behaved in 1929	the stock market crash in October
+10	The indicator reached a peak in January 1929	and fell steadily up to and through the crash
+6	In August , the bond measure was at its highest monthly average since early 1987	It rose last Friday
+11	It also rose last Friday	the stock market sagged
+1	It also rose last Friday	the stock market sagged
+1	which is simply no longer such a good indicator of the economy 's long-range prospects	it still is useful for anticipating some short-run twists and turns
+6	Stocks have become more sensitive to factors not directly tied to the domestic economy	that the rise of such computer-based practices as program trading has diminished the stock market 's relevancy to the economic outlook
+6	The French group has an agreement giving it the right to buy all the shares outstanding	this could be completed within a few months
+6	American Continental 's thrift unit , Los Angeles-based Lincoln Savings & Loan Association , is in receivership	the parent company has filed for protection from creditor lawsuits under Chapter 11 of the federal Bankruptcy Code
+6	Moody 's Investors Service Inc. downgraded its ratings on the subordinated debt of CenTrust to Caa from B-3	The rating agency reduced the ratings for long-term deposits to B-3 from Ba-3 and for preferred stock to Ca from Caa
+6	The downgrades were prompted , Moody 's said , by the continuing turmoil in the junk bond market and the suspension of dividends on CenTrust 's preferred stock	Moody 's said it believed the proposed sale of 63 CenTrust branches to Great Western Bank could , if completed , endanger the thrift 's funding and market position
+3	the proposed sale of 63 CenTrust branches to Great Western Bank could endanger the thrift 's funding and market position	completed
+10	THE STOCK MARKET AVOIDED a repeat of Black Monday	prices recovered from an early slide
+2	THE STOCK MARKET AVOIDED a repeat of Black Monday	prices recovered from an early slide
+10	The Dow Jones industrials closed up 88.12 points , at 2657.38 , the fourth-biggest gain ever	being down as much as 63.52 points in the morning
+1	The rally erased about half of Friday 's 190.58-point plunge	analysts are cautious about the market 's outlook
+6	The Dow Jones industrials closed up 88.12 points , at 2657.38 , the fourth-biggest gain ever , after being down as much as 63.52 points in the morning	The dollar rebounded
+1	The dollar also rebounded	bond prices plummeted and Treasury bill rates soared
+11	The dollar also rebounded	bond prices plummeted and Treasury bill rates soared
+1	while bond prices plummeted	Treasury bill rates soared
+6	The dollar also rebounded	Junk bonds recovered somewhat
+1	Junk bonds also recovered somewhat	trading remained stalled
+6	Junk bonds also recovered somewhat	Gold rose
+6	Tokyo stock prices bounced back in early trading Tuesday following a 1.8 % plunge on Monday	The dollar moved higher in Tokyo
+6	Donald Trump withdrew his $ 7.54 billion offer for American Air	a UAL group tried to get financing for a lower bid , possibly $ 250 a share
+1	Bear Stearns posted a 7.5 % gain	PaineWebber had a decline due to a year-ago gain
+11	Bear Stearns posted a 7.5 % gain	PaineWebber had a decline due to a year-ago gain
+6	the division to add `` substantial sales volume	to make a positive contribution to our earnings in 1990 and beyond
+10	SHV Holdings N.V. of the Netherlands has built up a 6.7 % stake in the company	SHV had owned `` a little under 5 % '' of Burmah for about two years
+6	SHV , which last year merged its North Sea oil and gas operations with those of Calor Group PLC , has been pegged by speculators as a possible suitor for Burmah Oil in recent weeks	SHV owns 40 % of Calor
+1	Terms were n't disclosed	a J.P. Industries spokesman said the amount J.P. Industries will get for the group is `` a little better than expected by the marketplace
+6	the amount J.P. Industries will get for the group is `` a little better than expected by the marketplace	the marketplace had been expecting $ 25 million to $ 30 million
+6	The company said the $ 3.1 million reserve was created to reflect doubt about the collectability of receivables owed to National Heritage by some of the real estate partnerships it manages	The company said expenses incurred by the previous board and management in the recent contest for control were recognized primarily in the first quarter ended Sept. 30
+11	The Stanley affair does n't bode well for the future of democracy or freedom of anything in Namibia	SWAPO starts running the government
+10	SWAPO has enjoyed favorable Western media treatment	the U.N. General Assembly declared it the `` sole , authentic representative '' of Namibia 's people in
+6	that Mr. O'Linn was openly sympathetic to SWAPO	and had defended its leaders in court
+10	Mr. O'Linn had criminal charges brought against their editors , publisher and lawyer	Mr. Stanley 's article was published in two Namibian newspapers
+11	Mr. Stanley was arrested and charged along with the others	he returned to Namibia this month
+10	of arranging peace settlements	and washing its hands over the tragic results
+6	that Mr. Stanley and his fellow defendants be released	that the United Nation 's monitors make certain that Mr. O'Linn 's commission investigates election complaints from all sides
+10	Yesterday , the stock market 's influence at first created nervousness	however , it became more of an undercurrent than a dominating force
+1	Yesterday , the stock market 's influence at first created nervousness	Later it became more of an undercurrent than a dominating force
+11	Later , however , it became more of an undercurrent than a dominating force	individual markets reacted more to their own factors
+2	Later , however , it became more of an undercurrent than a dominating force	individual markets reacted more to their own factors
+11	rising early in the day	the currency fell
+10	rising early in the day as the currency fell	and giving up some of its gains as the dollar recovered
+11	and then giving up some of its gains	the dollar recovered
+2	Copper fell and showed little rebound through the day	one of the major supply problems that had been supporting prices appeared to be solved
+1	Crude oil declined early	as the stock market retained early gains , it , too , became stronger , ending with a small net loss
+11	but it , too , became stronger	the stock market retained early gains
+1	In Chicago , grain and soybean prices rose slightly	Livestock and meat prices dropped on concern that a financial crisis would cut consumption of beef and pork
+11	Futures prices were moderately higher	gold gave up some of its early gains and platinum behaved independently
+6	as gold gave up some of its early gains	platinum behaved independently
+10	first falling	and later rising
+10	first falling	and then rising
+10	The more active December delivery gold settled with a gain of $ 3.90 an ounce at $ 371.20	trading as high as $ 374
+10	easing early on concern over a possible weaker economy	but recovering as the stock market strengthened
+11	but recovering later	the stock market strengthened
+10	For one thing , last Friday , precious metals markets closed	the stock market went into its late-in-the-day nose dive
+2	For one thing , last Friday , precious metals markets closed before the stock market went into its late-in-the-day nose dive	it could n't react to it
+6	Back on Friday , Oct. 16 , l987 , the stock market declined during the day	gold prices surged as the stock market fell
+11	and gold prices surged	the stock market fell
+2	and gold prices surged	the stock market fell
+6	The October 1987 contract that day rose as much as $ 8.70 to as high as $ 471.60	the more deferred positions , due to mature as late as March 1989 , rose as much as $ 9.60
+10	On Black Monday , Oct. 19 , 1987 , the October contract tacked on further gains , rising to as high as $ 491.50 for a gain of almost $ 20 on top of the Friday advances	giving up almost $ 10 of that at the close
+6	There 's a good chance that gold will retain its gains and rise further He expects a drop in interest rates , which would help gold by keeping the dollar from rising	according to Mr. Cardillo , the impact of the strong dollar should be reflected in reduced exports in the August merchandise trade deficit , when the figures are released today.This would be damaging to the dollar and supportive for gold
+11	Finally , according to Mr. Cardillo , the impact of the strong dollar should be reflected in reduced exports in the August merchandise trade deficit	the figures are released today
+1	Some analysts said crude was due for a correction anyhow , following several days of significant gains	most market observers agreed that Friday 's stock market drop is what dampened spirits in the petroleum pits yesterday
+2	The Organization of Petroleum Exporting Countries increased its production ceiling for the fourth quarter based on projections of robust demand	any bearish indicator , such as Friday 's precipitous drop in the stock market , sends shivers through the oil markets as well
+10	Indeed futures prices firmed up again	reacting early in the trading day to Friday 's plummet
+11	Indeed futures prices firmed up again	traders took note of the stock market 's partial recovery yesterday
+2	Indeed futures prices firmed up again	traders took note of the stock market 's partial recovery yesterday
+2	Futures prices fell and showed little rebound	one major labor problem that had been underpinning prices appeared to be solved
+1	that a drop in the stock market might create a weakened economy and a consequent reduction in copper use	the recovery in the stock market provided little help for copper as word spread that a three-month strike at the Highland Valley mine in British Columbia was about over , according to an analyst
+11	But the recovery in the stock market provided little help for copper	word spread that a three-month strike at the Highland Valley mine in British Columbia was about over , according to an analyst
+2	But the recovery in the stock market provided little help for copper	word spread that a three-month strike at the Highland Valley mine in British Columbia was about over , according to an analyst
+11	which recently began seeking copper elsewhere	its inventories shrank
+2	which recently began seeking copper elsewhere	its inventories shrank
+1	The LME stocks decline was about as expected	the Comex gain was n't
+1	but the Comex gain was n't	this was brushed aside by concern over the stock market
+11	At one point in futures trading the December contract rose to as high as $ 1.2965	the stock market firmed
+1	At one point in futures trading , as the stock market firmed , the December contract rose to as high as $ 1.2965	it was n't able to sustain the gain
+11	Prices rose sharply Friday	the storm approached Texas and Louisiana
+2	Prices rose sharply Friday	the storm approached Texas and Louisiana
+1	Prices rose sharply Friday as the storm approached Texas and Louisiana	after absorbing the potential effect of the hurricane , prices began to slip late Friday
+10	However prices began to slip late Friday	absorbing the potential effect of the hurricane
+11	At one point in early trading the March price rose to as high as 14.22 cents	the stock market recovered
+2	At one point in early trading the March price rose to as high as 14.22 cents	the stock market recovered
+1	At one point in early trading the March price rose to as high as 14.22 cents	the price then fell back
+10	At one point in early trading the March price rose to as high as 14.22 cents	but the price fell back
+3	that it could buy at lower prices	there was a severe drop in the stock market and it affected sugar
+6	that if there was a severe drop in the stock market	it affected sugar
+2	At any rate India needs the sugar	it will be in sooner or later to buy it
+2	The prices of cattle and hog futures contracts dropped sharply	traders speculated that the stock market plunge Friday will linger in the minds of U.S. consumers long enough to prompt them to rein in their spending at the supermarket
+11	A broad rally began	several major processors began buying futures contracts
+11	the confusion was caused	James Batten , Knight-Ridder 's chairman and chief executive , told New York analysts two weeks ago that Knight-Ridder 's earnings per share for the first nine months of 1989 would `` be behind a little bit '' from like period of
+6	to keep their offer open until Nov. 1	not to acquire any additional shares except through a tender offer expiring on that date
+6	that it already owns 15 % of the common shares of the doughnut shop chain	that as of the close of business Friday an additional 11 % had been tendered to its offer
+1	Herbert M. Sandler , chairman and chief executive officer of the Oakland , Calif. , savings-and-loan holding company , credited the high number of loans added to the company 's portfolio over the last 12 months for broadening its earning asset base and improving profit performance	the executive noted that slackening demand for new mortgages depressed new loan originations to $ 1 billion , 30 % below the same period last year
+1	CFCs are widely used as solvents , coolants and fire suppressants	their use has been linked to a potentially dangerous depletion of the Earth 's ozone layer , and a number of companies are seeking to curtail use , or at least emission , of the substance
+6	But their use has been linked to a potentially dangerous depletion of the Earth 's ozone layer	a number of companies are seeking to curtail use , or at least emission , of the substance
+2	But their use has been linked to a potentially dangerous depletion of the Earth 's ozone layer	a number of companies are seeking to curtail use , or at least emission , of the substance
+2	it did n't run a production test on the three discovery wells it drilled in the field	the wells are similar to others drilled at its Intan and Widuri fields
+1	it did n't run a production test on the three discovery wells it drilled in the field	it believes the reserves in the field are about 10 million barrels of oil
+6	The Intan Field has estimated reserves of 50 million barrels	the Widuri Field has estimated reserves of 225 million barrels
+10	it is restating its results to reduce its reported net income for the first nine months of its fiscal year	discovering it took tax credits that already had been taken last year
+1	that for financial reporting purposes last year it took tax credits that will be recognized for tax purposes this year	because of confusion , it took those credits again in reporting its results through the first nine months
+1	the agreement calls for it to make a $ 20-a-share cash tender offer for all shares outstanding of ISI	Charles Johnston , ISI chairman and president , agreed to sell his 60 % stake in ISI to Memotec upon completion of the tender offer for a combination of cash , Memotec stock and debentures
+3	it can withdraw from the merger agreement with Memotec	a better bid surfaces
+1	Terms of the agreement were n't disclosed	for the fiscal year ended July 31 , 1988 , the most recent period for which results were broken out , the Perkin-Elmer unit accounted for more than half the $ 145 million in sales recorded by the company 's government systems sector
+6	In addition to making electro-optical systems	the unit makes laser warning receivers
+6	The Communications Workers of America ratified a new regional contract and all but one of the local agreements with Bell Atlantic Corp	CWA and International Brotherhood of Electrical Workers members remain on strike against Nynex Corp. , the New York-based regional phone company
+11	The Communications Workers of America ratified a new regional contract and all but one of the local agreements with Bell Atlantic Corp	CWA and International Brotherhood of Electrical Workers members remain on strike against Nynex Corp. , the New York-based regional phone company
+6	The CWA represents 40,000 Nynex workers	the IBEW represents 20,000 workers
+6	The Dow Jones Industrial Average jumped sharply yesterday to close at 2657.38 , panic did n't sweep the world 's markets	investors large and small seemed to accept Friday 's dizzying 190-point plunge as a sharp correction , not a calamity
+11	he smiled broadly , brandished his unlit cigar and slapped Stanley Shopkorn , his top stock trader , on the back	the rally gained strength at 3:15 p.m
+2	he smiled broadly , brandished his unlit cigar and slapped Stanley Shopkorn , his top stock trader , on the back	the rally gained strength at 3:15 p.m
+11	stocks of many of the nation 's biggest companies could n't open for trading	trading opened yesterday morning on the Big Board
+2	stocks of many of the nation 's biggest companies could n't open for trading	a wave of sell orders was overwhelming buyers
+6	By 10:10 , the Dow Industrials were off 63.52 points	the stock of UAL Corp. still had n't opened
+10	By 10:10 , the Dow Industrials were off 63.52 points , and the stock of UAL Corp. still had n't opened	But as quickly as the Dow had fallen , it began to turn around
+1	By the market 's close , volume on the New York exchange totaled more than 416 million , the fourth highest on record	the rally was largely confined to the blue-chip stocks
+6	Overall , more Big Board stocks lost money than gained	many arbitragers were further hurt yesterday when a proposed takeover of AMR Corp. , the parent of American Airlines , collapsed
+9	And many arbitragers were further hurt yesterday when a proposed takeover of AMR Corp. , the parent of American Airlines , collapsed	the Dow Jones Transportation Average plunged 102.06 points , its second-worst drop in history
+6	In London , a midday rally left the market 's major index off 3.2 %	Tokyo 's leading stock index fell only 1.8 % in surprisingly lackluster trading
+1	In London , a midday rally left the market 's major index off 3.2 %	Tokyo 's leading stock index fell only 1.8 % in surprisingly lackluster trading
+1	Other , more thinly traded Asian markets were hit harder than Tokyo 's	there were no free-fall declines
+10	The dollar bounced back strongly to 141.8	falling sharply in overnight trading to 139.10 yen
+2	The dollar , after falling sharply in overnight trading to 139.10 yen , bounced back strongly to 141.8	easing fears that foreigners would unload U.S. stocks
+6	The Federal Reserve signaled its willingness to provide liquidity ; the interest rate on its loans to major banks inched downward early in the day.Foreign stock markets , which kicked off Black Monday with a huge selling spree , began the day off by relatively modest amounts.The dollar , after falling sharply in overnight trading to 139.10 yen , bounced back strongly to 141.8 , thus easing fears that foreigners would unload U.S. stocks	the widely disseminated opinion among most market experts that a crash was n't in store also helped calm investors
+6	thus easing fears that foreigners would unload U.S. stocks	And the widely disseminated opinion among most market experts that a crash was n't in store helped calm investors
+7	And the widely disseminated opinion among most market experts that a crash was n't in store also helped calm investors	Many major institutions came into work yesterday ready to buy some of the blue chips they felt had been sharply undervalued on Friday
+1	And the widely disseminated opinion among most market experts that a crash was n't in store also helped calm investors	amid all the backslapping and signs of relief over yesterday 's events , some market professionals cautioned that there is nothing present in the current market system to prevent another dizzying drop such as Friday 's
+2	Computers have increasingly connected securities markets world-wide	a buying or selling wave in one market is often passed around the globe
+2	so that a buying or selling wave in one market is often passed around the globe	investors everywhere nervously eyed yesterday 's opening in Tokyo , where the Nikkei average of 225 blue-chip stocks got off to a rocky start
+1	The average plunged some 600 points , or 1.7 % , in the first 20 minutes of trading	the selling wave had no conviction
+6	But the selling wave had no conviction	the market first surged upward by 200 points , then drifted lower , closing down 647
+10	and the market first surged upward by 200 points	drifted lower
+6	Frankfurt 's opening was delayed a half hour because of a crush of sell orders	In London , the view from the trading floor of an American securities firm , Jefferies & Co was troubling
+11	A computer screen displaying 100 blue-chip stocks colors each one red	its price is falling
+1	I see concern	I do n't see panic
+11	stocks fell sharply	trading opened in New York at 9:30 a.m. EDT
+10	But some of Wall Street 's sharpest traders say , they sensed a turn	then
+2	Stock traders were buoyed	an upturn in the MMI had also started the recovery in stocks on the Tuesday following Black Monday
+6	Shortly after 10 a.m. , the Major Market Index , a Chicago Board of Trade futures contract of 20 stocks designed to mimic the DJIA , exploded upward	because an upturn in the MMI had started the recovery in stocks on the Tuesday following Black Monday
+10	Traders shouted out	their Reuters , Quotron and Telerate screens posted an ever-narrowing loss on Wall Street
+2	Traders shouted out	their Reuters , Quotron and Telerate screens posted an ever-narrowing loss on Wall Street
+10	as their Reuters , Quotron and Telerate screens posted an ever-narrowing loss on Wall Street	nine minutes later , Wall Street suddenly rebounded to a gain on the day
+10	Then , nine minutes later , Wall Street suddenly rebounded to a gain on the day	corporations with share buy-back programs kicked into high gear , triggering gains in , among other issues , Alcan Aluminium and McDonald 's
+1	Walt Disney Co. opened yesterday late at 114.5 , down 8.5	then it suddenly burst upward 7.5 as Goldman , Sachs & Co. stepped in and bought almost every share offer
+10	Walt Disney Co. opened yesterday late at 114.5 , down 8.5	But it suddenly burst upward 7.5
+2	But then it suddenly burst upward 7.5	Goldman , Sachs & Co. stepped in and bought almost every share offer
+6	We turned the trading system on	it did whatever it was programmed to do
+10	We turned the trading system on	it did whatever it was programmed to do
+10	The carnage on the Chicago Board Options Exchange , the nation 's major options market , was heavy	the trading in S & P 100 stock-index options was halted Friday
+6	Many market makers in the S & P 100 index options contract had bullish positions Friday	when the shutdown came they were frozen with huge losses
+11	and they were frozen with huge losses	the shutdown came
+6	Not everybody was making money	a test of the stock market 's rally came at about 2 p.m. , with the Dow at 2600 , up 31 points on the day
+6	bargain hunting had explained the Dow 's strength up to that point	that many market professionals were anticipating a drop in the Dow
+6	and that many market professionals were anticipating a drop in the Dow	the announcement that real estate magnate and sometime raider Donald Trump was withdrawing his offer for AMR Corp. might have been expected to rattle traders
+5	Moreover , the announcement that real estate magnate and sometime raider Donald Trump was withdrawing his offer for AMR Corp. might have been expected to rattle traders	the rally only paused for about 25 minutes and then steamed forward as institutions resumed buying
+10	Instead , the rally only paused for about 25 minutes	and steamed forward as institutions resumed buying
+11	and then steamed forward	institutions resumed buying
+2	and then steamed forward	institutions resumed buying
+10	The market closed	reaching its high for the day of
+1	Across the country , many people took yesterday 's events in stride	remaining generally uneasy about the stock market in general
+11	Across the country , many people took yesterday 's events in stride	remaining generally uneasy about the stock market in general
+0	he remains uneasy	Mayor Norman found the market 's performance Monday reassuring
+4	it might be that it puts some of these LBOs on the skids	anything good comes out of this
+6	You 're on a roller coaster	that may last
+10	it signed a definitive merger agreement for a National Pizza Corp. unit to acquire the 90.6 % of Skipper 's Inc. it does n't own for $ 11.50 a share , or about $ 28.1 million	Skipper 's turned down a $ 10-a-share proposal from National Pizza
+6	it settled its dispute with Pizza Hut , allowing it to make the purchase	Skipper 's results began to turn around , permitting a higher offer
+11	EAST GERMANS RALLIED	officials reportedly sought Honecker 's ouster
+6	In what was considered the largest protest in the Communist state 's 40-year history , at least 120,000 demonstrators marched through the southern city of Leipzig to press demands for democratic freedoms	that regional Communist officials demanded the dismissal of hard-line leader Honecker
+11	In what was considered the largest protest in the Communist state 's 40-year history , at least 120,000 demonstrators marched through the southern city of Leipzig to press demands for democratic freedoms	that regional Communist officials demanded the dismissal of hard-line leader Honecker
+11	Meanwhile a West German newspaper reported that regional Communist officials demanded the dismissal of hard-line leader Honecker	the first of more than 1,300 East Germans trying to flee to the West through Poland renounced their citizenship
+6	NASA resumed the countdown for today 's launch of the space shuttle Atlantis	a federal appeals court in Washington dismissed a lawsuit by anti-nuclear groups to delay the flight because the plutonium-powered Galileo space probe was aboard
+2	to delay the flight	the plutonium-powered Galileo space probe was aboard
+1	scientists have said transplanting such tissue could be effective in treating diabetes	anti-abortion groups are opposed to such research
+1	Delegates from 91 nations endorsed a ban on world ivory trade in an attempt to rescue the endangered elephant from extinction	Five African nations said they would continue selling the valuable tusks
+1	Seoul and Pyongyang reached a tentative agreement to allow visits between families on the divided Korean peninsula	Differences remained between the North and South Korean governments over conditions for the exchanges
+2	Norway 's King Olav V installed a three-party non-Socialist government	Gro Harlem Brundtland 's three-year-old Labor regime relinquished power
+10	Norway 's King Olav V installed a three-party non-Socialist government	Gro Harlem Brundtland 's three-year-old Labor regime relinquished power
+6	The State Department said there was a `` possibility '' that some Nicaraguan rebels were selling their U.S.-supplied arms to Salvadoran guerrillas , but insisted it was n't an organized effort	Secretary of State Baker complained about a U.N. aide who last week told the Contras to disband as part of a regional peace accord
+10	it was considering the sale of Cluett , a leading shirt maker and one of West Point-Pepperell 's biggest units	completing the $ 1.56 billion acquisition of West Point-Pepperell Inc. in April
+11	Mr. Farley followed a similar pattern	he acquired Northwest Industries Inc. and then sold much of its assets
+10	when he acquired Northwest Industries Inc	and sold much of its assets
+1	and then sold much of its assets	he kept Fruit of the Loom Inc. , the underwear maker that he still controls
+10	Cluett was an independent company	West Point-Pepperell acquired it for $ 375 million in cash and stock in 1986
+11	Mr. Fromstein disclosed the planned steps , expected within a few months	Blue Arrow posted a 2.5 % drop in its third-quarter pretax earnings
+11	and give it a more American image	U.S. investors turn jittery about foreign stocks after Friday 's market plunge
+2	and give it a more American image	U.S. investors turn jittery about foreign stocks after Friday 's market plunge
+6	The name change and good will write-off could help solidify Blue Arrow 's dominance of the U.S. temporary-help market and give it a more American image as U.S. investors turn jittery about foreign stocks after Friday 's market plunge	The moves could erase shareholders ' perception of Blue Arrow as a company in turmoil
+10	In a widely publicized boardroom coup , Mr. Fromstein ousted Antony Berry as Blue Arrow chief executive in January	Mr. Berry had forced Mr. Fromstein out as the $ 1 million-a-year chief of Milwaukee-based Manpower
+1	The moves also could erase shareholders ' perception of Blue Arrow as a company in turmoil	the Blue Arrow tumult is n't over yet
+2	But the Blue Arrow tumult is n't over yet	the British government is investigating a disputed # 25 million ( $ 39.4 million ) loan
+2	Blue Arrow was able to pull off the $ 1.34 billion takeover of Manpower in 1987	different British and American accounting standards produce higher reported earnings for British companies
+1	Under British rules , Blue Arrow was able to write off at once the $ 1.15 billion in good will arising from the purchase.As a U.S.-based company , Blue Arrow would have to amortize the good will over as many as 40 years	with so many shares now held in the U.S. , Blue Arrow reports its earnings two ways , based on both U.K. and U.S. accounting standards
+1	The British version shows `` a handful of pounds of net worth '' following the 1987 write-off of good will	the American version reflects `` $ 1 billion of net worth because almost none of { the good will } has been written off
+2	while the American version reflects `` $ 1 billion of net worth	almost none of { the good will } has been written off
+10	The number of U.S. temporary workers fell about 1 % in the 12 months ending Aug. 31	sliding nearly 3.5 % in July
+9	Blue Arrow blamed the pretax profit drop in the quarter ended July 31 partly on slower earnings growth of non-Manpower units in Britain	pretax profit slid to # 18.49 million in the quarter from # 18.98 million a year earlier
+1	The 45-year-old former General Electric Co. executive figures it will be easier this time	analysts say Applied 's chief executive faces a tough challenge in integrating the two companies
+1	But analysts say Applied 's chief executive faces a tough challenge in integrating the two companies	applauding the acquisition
+6	The Watertown , Mass. , company 's sales have been dormant	its profits have dropped
+6	Mr. Sim must pare its costs and product line	spurring Barry Wright 's sales
+6	The Butler , Wis. , manufacturer went public at $ 15.75 a share in August 1987	Mr. Sim 's goal then was a $ 29 per-share price by 1992
+1	The stock has since softened , trading around $ 25 a share last week and closing yesterday at $ 23.00 in national over-the-counter trading	Mr. Sim has set a fresh target of $ 50 a share by the end of
+11	he faced	he joined Applied as president and chief operating officer in 1985
+0	it `` was n't growing and was n't providing a satisfactory return on invested capital	profitable
+6	Mr. Sim is confident that the drive to dominate certain niche markets will work at Barry Wright as it has at Applied	He professes an `` evangelical '' fervor to develop a corporate culture that rewards managers who produce and where decision-making is shared
+6	that rewards managers who produce	where decision-making is shared
+2	it will be easier to turn Barry Wright around	he 's now in the driver 's seat
+11	I did n't have the power to execute as I do today	he came to Applied
+0	No , it was n't Black Monday	while the New York Stock Exchange did n't fall apart Friday as the Dow Jones Industrial Average plunged 190.58 points -- most of it in the final hour -- it barely managed to stay this side of chaos
+0	But it barely managed to stay this side of chaos	the New York Stock Exchange did n't fall apart Friday
+11	while the New York Stock Exchange did n't fall apart Friday	the Dow Jones Industrial Average plunged 190.58 points -- most of it in the final hour
+3	even central banks ca n't stop it	the dollar is in a free-fall
+2	Many money managers and some traders had already left their offices early Friday afternoon on a warm autumn day	the stock market was so quiet
+10	Many money managers and some traders had already left their offices early Friday afternoon on a warm autumn day	in a lightning plunge , the Dow Jones industrials in barely an hour surrendered about a third of their gains this year , chalking up a 190.58-point , or 6.9 % , loss on the day in gargantuan trading volume
+1	The Dow 's decline was second in point terms only to the 508-point Black Monday crash that occurred Oct. 19 , 1987	In percentage terms the Dow 's dive was the 12th-worst ever and the sharpest since the market fell 156.83 , or 8 % , a week after Black Monday
+6	that a takeover would succeed	UAL stock would rise
+2	that a takeover would succeed	UAL stock would rise
+10	On the exchange floor we braced for a panic	UAL stopped trading
+11	Several traders could be seen shaking their heads	the news flashed
+10	For weeks , the market had been nervous about takeovers	Campeau Corp. 's cash crunch spurred concern about the prospects for future highly leveraged takeovers
+6	For weeks , the market had been nervous about takeovers , after Campeau Corp. 's cash crunch spurred concern about the prospects for future highly leveraged takeovers	10 minutes after the UAL trading halt came news that the UAL group could n't get financing for its bid
+10	For weeks , the market had been nervous about takeovers , after Campeau Corp. 's cash crunch spurred concern about the prospects for future highly leveraged takeovers	10 minutes after the UAL trading halt came news that the UAL group could n't get financing for its bid
+1	Arbitragers could n't dump their UAL stock	they rid themselves of nearly every `` rumor '' stock they had
+7	but they rid themselves of nearly every `` rumor '' stock they had	their selling caused trading halts to be declared in USAir Group , which closed down 3 7/8 to 41 1/2 , Delta Air Lines , which fell 7 3/4 to 69 1/4 , and Philips Industries , which sank 3 to 21 1/2
+1	These stocks eventually reopened	as panic spread , speculators began to sell blue-chip stocks such as Philip Morris and International Business Machines to offset their losses
+11	But speculators began to sell blue-chip stocks such as Philip Morris and International Business Machines	panic spread
+11	the stock was trading at 41 , down 3 3/8 , while IBM closed 5 5/8 lower at 102	trading was halted in Philip Morris
+1	the stock was trading at 41 , down 3 3/8	IBM closed 5 5/8 lower at 102
+3	which are triggered by computer	prices fall to certain levels
+10	which are triggered by computer	prices fall to certain levels
+1	Most of the stock selling pressure came from Wall Street professionals , including computer-guided program traders	most of their major institutional investors sat tight
+10	Now , at 3:07 , one of the market 's post-crash `` reforms '' took hold	the S & P 500 futures contract had plunged 12 points , equivalent to around a 100-point drop in the Dow industrials
+2	Now , at 3:07 , one of the market 's post-crash `` reforms '' took hold	the S & P 500 futures contract had plunged 12 points , equivalent to around a 100-point drop in the Dow industrials
+6	After the trading halt in the S & P 500 pit in Chicago , waves of selling continued to hit stocks themselves on the Big Board	specialists continued to notch prices down
+2	After the trading halt in the S & P 500 pit in Chicago , waves of selling continued to hit stocks themselves on the Big Board , and specialists continued to notch prices down	the link between the futures and stock markets ripped apart
+10	it cracked every model we had for the marketplace	the airline information came through
+1	This confusion effectively halted one form of program trading , stock index arbitrage , that closely links the futures and stock markets , and has been blamed by some for the market 's big swings	stocks kept falling
+11	The Dow industrials were down 55 points at 3 p.m. before the futures-trading halt.At 3:30 p.m. , at the end of the `` cooling off '' period , the average was down 114.76 points	during the the S & P trading halt , S & P futures sell orders began piling up , while stocks in New York kept falling sharply
+11	Meanwhile , during the the S & P trading halt , S & P futures sell orders began piling up	stocks in New York kept falling sharply
+11	Mr.Phelan was flying to Bangkok	the market was falling
+6	At about 3:30 p.m. EDT , S & P futures resumed trading	for a brief time the futures and stock markets started to come back in line
+2	At about 3:30 p.m. EDT , S & P futures resumed trading	for a brief time the futures and stock markets started to come back in line
+1	and for a brief time the futures and stock markets started to come back in line	the build-up of S & P futures sell orders weighed on the market , and the link with stocks began to fray again
+6	But the build-up of S & P futures sell orders weighed on the market	the link with stocks began to fray again
+10	But the build-up of S & P futures sell orders weighed on the market	the link with stocks began to fray again
+6	At about 3:45 , the S & P market careened to still another limit , of 30 points down	trading was locked again
+2	At about 3:45 , the S & P market careened to still another limit , of 30 points down	trading was locked again
+6	that `` there are significant differences between the current environment and that of October 1987	that there are still `` attractive investment opportunities '' in the stock market
+1	that `` there are significant differences between the current environment and that of October 1987 '' and that there are still `` attractive investment opportunities '' in the stock market	that Friday 's plunge is `` going to set back '' relations with customers
+2	that Friday 's plunge is `` going to set back '' relations with customers	it reinforces the concern of volatility
+6	that Friday 's plunge is `` going to set back '' relations with customers , `` because it reinforces the concern of volatility	a lot of people will harp on program trading
+11	the S & P pit stayed locked at its 30-point trading limit	the Dow average ground to its final 190.58 loss Friday
+1	the S & P pit stayed locked at its 30-point trading limit	the Dow average ground to its final 190.58 loss Friday
+1	2,000 S & P contracts were for sale on the close , the equivalent of $ 330 million in stock	there were no buyers
+0	it left the market vulnerable to continued selling this morning	Friday 's debacle involved mainly professional traders rather than investors
+10	by buying futures	futures prices fall
+11	by buying futures when futures prices fall	and sell off stocks
+1	At those levels , stocks are set up to be hammered by index arbitragers	nobody knows at what level the futures and stocks will open today
+1	Our systemic performance was good	the exchange will `` look at the performance of all specialists in all stocks
+1	But the exchange will `` look at the performance of all specialists in all stocks	specialists complain privately that just as in the 1987 crash , the `` upstairs '' firms -- big investment banks that support the market by trading big blocks of stock -- stayed on the sidelines during Friday 's blood-letting
+10	It 's a few hundred years	England has been a kingdom
+10	Ports of Call Inc. reached agreements to sell its remaining seven aircraft to buyers that were n't disclosed	the company announced it would sell its aging fleet of Boeing Co. 707s because of increasing maintenance costs
+1	The assets are good	they require more money and management '' than can be provided in L.J . Hooker 's current situation
+1	that he has not yet seen the bid	that he would review it and bring it to the attention of the creditors committee
+6	Eventually Mr. Simpson and Mr. Herscu had a falling out over the direction of the company	he resigned in 1988
+6	Since then , Hooker Corp. has sold its interest in the Parisian chain back to Parisian 's management and is currently attempting to sell the B. Altman & Co. chain	Robert Sakowitz , chief executive of the Sakowitz chain , is seeking funds to buy out the Hooker interest in his company
+1	These are n't mature assets	they have the potential to be so
+11	big fund managers said they have a strong defense against any wave of withdrawals : cash	small investors peppered their mutual funds with phone calls over the weekend
+6	Unlike the weekend before Black Monday , the funds were n't swamped with heavy withdrawal requests	many fund managers have built up cash levels and say they will be buying stock this week
+6	And many fund managers have built up cash levels	they will be buying stock this week
+1	At Fidelity Investments , the nation 's largest fund company , telephone volume was up sharply	it was still at just half the level of the weekend preceding Black Monday in 1987
+2	Some shareholders have held off until today	any fund exchanges made after Friday 's close would take place at today 's closing prices
+6	The test may come today	they 're ready
+7	Many have raised cash levels , which act as a buffer against steep market declines	Mario Gabelli holds cash positions well above 20 % in several of his funds
+6	Not all funds have raised cash levels , of course	persistent redemptions would force some fund managers to dump stocks to raise cash
+1	Also , persistent redemptions would force some fund managers to dump stocks to raise cash	a strong level of investor withdrawals is much more unlikely this time around
+1	Stock-fund sales have rebounded in recent months	monthly net purchases are still running at less than half 1987 levels
+6	Vincent Bajakian , manager of the $ 1.8 billion Wellington Fund , added to his positions in Bristol-Myers Squibb , Woolworth and Dun & Bradstreet Friday	today he 'll be looking to buy drug stocks like Eli Lilly , Pfizer and American Home Products whose dividend yields have been bolstered by stock declines
+10	Fidelity 's Mr. Lynch , for his part , snapped up Southern Co. shares Friday	the stock got hammered
+3	he 'll be buying blue chips such as Bristol-Myers and Kellogg	the market drops further today
+3	it presents an opportunity that is `` the kind of thing you dream about	they croak stocks like that
+11	it presents an opportunity that is `` the kind of thing you dream about	they croak stocks like that
+1	phone calls were arriving at twice the normal weekend pace yesterday	most investors were seeking share prices and other information
+1	But most investors were seeking share prices and other information.Trading volume was only modestly higher than normal	fund groups are n't taking any chances
+6	Fidelity on Saturday opened its 54 walk-in investor centers across the country.The centers normally are closed through the weekend	East Coast centers will open at 7:30 EDT this morning , instead of the normal 8:30
+1	that some investors moved money from stock funds to money-market funds	most investors seemed to be `` in an information mode rather than in a transaction mode
+6	T. Rowe Price Associates Inc. increased its staff of phone representatives to handle investor requests	it was adding more phone representatives today to help investors get through
+10	Several fund managers expect a rough market this morning	prices stabilize
+1	Elaine Garzarelli predicts the market will open down at least 50 points on technical factors and `` some panic selling	she expects prices to rebound soon
+6	But she expects prices to rebound soon	she expects the stock market wo n't decline more than 10 % to 15 % from recent highs
+1	But she expects prices to rebound soon and is telling investors she expects the stock market wo n't decline more than 10 % to 15 % from recent highs	she was swamped with phone calls over the weekend from nervous shareholders
+1	and want to sell	I 'm trying to talk them out of it
+3	I 'd really be upset	they all were bullish
+8	Two years ago , unlike today , the dollar was weak , interest rates were rising	the market was very overvalued
+11	Ripples from the strike by 55,000 Machinists union members against Boeing Co. reached air carriers Friday	America West Airlines announced it will postpone its new service out of Houston because of delays in receiving aircraft from the Seattle jet maker
+6	that the work stoppage at Boeing , now entering its 13th day , `` has caused some turmoil in our scheduling	that more than 500 passengers who were booked to fly out of Houston on America West would now be put on other airlines
+2	that the work stoppage at Boeing , now entering its 13th day , `` has caused some turmoil in our scheduling	that more than 500 passengers who were booked to fly out of Houston on America West would now be put on other airlines
+6	it was supposed to get this Thursday	Boeing is supposed to send to America West another 757 twin-engine aircraft as well as a 737 by year 's end
+6	Nevertheless , the company 's reaction underscores the domino effect that a huge manufacturer such as Boeing can have on other parts of the economy	It is sure to help the machinists put added pressure on the company
+1	At this point , no other America West flights -- including its new service at San Antonio , Texas ; Newark , N.J. ; and Palmdale , Calif. -- have been affected by the delays in Boeing deliveries	America West is a smaller airline and therefore more affected by the delayed delivery of a single plane than many of its competitors would be
+2	America West , though , is a smaller airline	and more affected by the delayed delivery of a single plane than many of its competitors would be
+9	America West , though , is a smaller airline and therefore more affected by the delayed delivery of a single plane than many of its competitors would be	a random check Friday did n't seem to indicate that the strike was having much of an effect on other airline operations
+6	that the company has been in constant communication with all of its customers	that it was impossible to predict what further disruptions might be triggered by the strike
+11	In Seattle , a Boeing spokesman explained that the company has been in constant communication with all of its customers and that it was impossible to predict what further disruptions might be triggered by the strike	supervisors and non-striking employees have been trying to finish some 40 aircraft -- mostly 747 and 767 jumbo jets at the company 's Everett , Wash. , plant -- that were all but completed before the walkout
+6	As of Friday , four had been delivered	a fifth plane , a 747-400 , was supposed to be flown out over the weekend to Air China
+10	they know what they want	they come back
+10	who has been in contact with both sides	the strike began
+0	it actually has risen over the last two weeks on the strength of new orders	Boeing 's stock price was battered along with the rest of the market Friday
+6	that the labor situation will get settled in the short term	that things look very rosy for Boeing in the long term
+1	The investment community , for one , has been anticipating a speedy resolution	he thinks the earliest a pact could be struck would be the end of this month
+1	the earliest a pact could be struck would be the end of this month	it 's possible that the strike could last considerably longer
+1	that `` to my knowledge , Boeing 's offer represents the best overall three-year contract of any major U.S. industrial firm in recent history	Mr. Baker called the letter -- and the company 's offer of a 10 % wage increase over the life of the pact , plus bonuses -- `` very weak
+1	Talks have broken off between Machinists representatives at Lockheed Corp. and the Calabasas , Calif. , aerospace company	The union is continuing to work through its expired contract
+1	It had planned a strike vote for next Sunday	that has been pushed back indefinitely
+11	it agreed to extend its contract on a day-by-day basis , with a 10-day notification to cancel	it continues bargaining
+8	United Auto Workers Local 1069 said it agreed to extend its contract on a day-by-day basis , with a 10-day notification to cancel , while it continues bargaining	Boeing on Friday said it received an order from Martinair Holland for four model 767-300 wide-body jetliners valued at a total of about $ 326 million
+1	The projects are big	we would n't go into them alone , '' and Canadian Utilities ' equity stake would be small
+6	But we would n't go into them alone	Canadian Utilities ' equity stake would be small
+1	Mr. Richardson would n't offer specifics regarding Atco 's proposed British project	he said it would compete for customers with two huge British power generating companies that would be formed under the country 's plan to privatize its massive water and electric utilities
+6	There seems to be a move around the world to deregulate the generation of electricity	Canadian Utilities hopes to capitalize on it
+2	There seems to be a move around the world to deregulate the generation of electricity	Canadian Utilities hopes to capitalize on it
+6	and Canadian Utilities hopes to capitalize on it	that Canadian Utilities is mulling projects in underdeveloped countries
+1	adding that Canadian Utilities is also mulling projects in underdeveloped countries	he would be specific
+6	The land to be purchased by the joint venture has n't yet received zoning and other approvals required for development	part of Kaufman & Broad 's job will be to obtain such approvals
+2	The land to be purchased by the joint venture has n't yet received zoning and other approvals required for development	part of Kaufman & Broad 's job will be to obtain such approvals
+1	The partnership runs the risk that it may not get the approvals for development	in return , it can buy land at wholesale rather than retail prices , which can result in sizable savings
+6	Typically , developers option property	then once they get the administrative approvals , they buy it
+10	Typically , developers option property	and once they get the administrative approvals , they buy it
+10	and then they buy it	they get the administrative approvals
+11	Kaufman & Broad can take the more aggressive approach of buying raw land	avoiding the negative impacts to its own balance sheet
+0	The company is putting up only 10 % of the capital	it is responsible for providing management , planning and processing services to the joint venture
+11	Quantum Chemical Corp. went along for the ride	the price of plastics took off in 1987
+2	The timing of Quantum 's chief executive officer , John Hoyt Stookey , appeared to be nothing less than inspired	he had just increased Quantum 's reliance on plastics
+11	The company outpaced much of the chemical industry	annual profit grew fivefold in two years
+2	The company outpaced much of the chemical industry	annual profit grew fivefold in two years
+1	When the price of plastics took off in 1987 , Quantum Chemical Corp. went along for the ride	now prices have nose-dived and Quantum 's profit is plummeting
+6	But now prices have nose-dived	Quantum 's profit is plummeting
+2	But now prices have nose-dived	Quantum 's profit is plummeting
+6	Pricing cycles , to be sure , are nothing new for plastics producers	the financial decline of some looks steep only in comparison with the heady period that is just behind them
+2	Pricing cycles , to be sure , are nothing new for plastics producers	the financial decline of some looks steep only in comparison with the heady period that is just behind them
+10	the company exited the wine and spirits business and plowed more of its resources into plastics	Mr. Stookey took the chief executive 's job in 1986
+1	Mr. Stookey , 59 years old , declined to be interviewed for this article	he has consistently argued that over the long haul -- across both the peaks and the troughs of the plastics market -- Quantum will prosper through its new direction
+1	Quantum 's lot is mostly tied to polyethylene resin	its competitors -- including Dow Chemical Co. , Union Carbide Corp. and several oil giants -- have much broader business interests
+2	But its competitors -- including Dow Chemical Co. , Union Carbide Corp. and several oil giants -- have much broader business interests	and are better cushioned against price swings
+3	Quantum 's annual profit fluctuates by about 85 cents a share , provided no other variables are changing	the price of polyethylene moves a mere penny a pound
+11	In recent months the price of polyethylene , even more than that of other commodity plastics , has taken a dive	the price of ethylene , the chemical building block of polyethylene , has n't dropped nearly so fast
+2	That discrepancy hurts Quantum badly	its own plants cover only about half of its ethylene needs
+10	China abruptly halted them	other buyers bet that prices had peaked
+2	other buyers then bet that prices had peaked	and began to draw down inventories rather than order new product
+11	how much inventories had swelled throughout the distribution chain	prices spiraled up
+2	how much inventories had swelled throughout the distribution chain	prices spiraled up
+1	They recently announced increases of a few cents a pound	No one knows whether the new posted prices will stick once producers and customers start to haggle
+10	whether the new posted prices will stick	producers and customers start to haggle
+2	A quick turnaround is crucial to Quantum	its cash requirements remain heavy
+2	Quantum described the payout at the time as a way for it to share the bonanza with its holders	its stock price was n't reflecting the huge profit increases
+6	for it to share the bonanza with its holders	to dispel takeover speculation
+10	Whether a cash crunch might eventually force the company to cut its quarterly dividend has become a topic of intense speculation on Wall Street	Mr. Stookey deflected dividend questions in a Sept. 29 meeting with analysts
+2	Whether a cash crunch might eventually force the company to cut its quarterly dividend has become a topic of intense speculation on Wall Street	Mr. Stookey deflected dividend questions in a Sept. 29 meeting with analysts
+1	Some viewed his response as nothing more than the standard line from executives	others came away thinking he had given something less than his usual straight-from-the-shoulder performance
+10	the company progressed in September to within 12 hours of completing the drawn-out process of restarting it	an explosion idled the plant in June
+10	the company progressed in September to within 12 hours of completing the drawn-out process of restarting it	a second explosion occurred
+6	Two workers died	six remain in the hospital
+11	calculating lost profit and thus claims under business-interruption insurance is straightforward	a plant has just been running flat out to meet demand
+3	calculating lost profit and thus claims under business-interruption insurance is straightforward	a plant has just been running flat out to meet demand
+1	When a plant has just been running flat out to meet demand , calculating lost profit and thus claims under business-interruption insurance is straightforward	the numbers become trickier -- and subject to dickering between insured and insurer -- when demand is shifting
+11	But the numbers become trickier -- and subject to dickering between insured and insurer	demand is shifting
+6	You say you could have sold X percent of this product and Y percent of that	then you still have to negotiate
+10	You say you could have sold X percent of this product and Y percent of that	And you still have to negotiate
+6	The plant expansion should strengthen the company 's sway in the polyethylene business	the expansion will lower the company 's raw material costs
+6	the expansion will also lower the company 's raw material costs	Quantum is tightening its grip on its one large business outside chemicals , propane marketing
+1	Not everything looks grim for Quantum	Quantum has a crisis to get past right now
+6	We pretty much have a policy of not commenting on rumors	that falls in that category
+10	RJR Nabisco Inc. is disbanding its division responsible for buying network advertising time	moving 11 of the group 's 14 employees to New York from Atlanta
+6	the broadcast unit will be disbanded Dec. 1	the move wo n't affect RJR 's print , radio and spot-television buying practices
+2	RJR moved 11 employees of the group back to New York in September	there was supposed to be a future
+2	the company moved the 11 employees to New York last month	the group had then been in the midst of purchasing ad time for the networks ' upcoming season
+11	The U.S. is allocating a larger share of its steel market to developing and newly industrialized countries which have relatively unsubsidized steel industries	the U.S. has negotiated a significant cut in Japan 's steel quota , and made only a minor increase to the steel allotment for the European Community
+1	The U.S. is allocating a larger share of its steel market to developing and newly industrialized countries which have relatively unsubsidized steel industries	the U.S. has negotiated a significant cut in Japan 's steel quota , and made only a minor increase to the steel allotment for the European Community
+6	with the difference supplied mainly by Canada -- which is n't included in the quota program	Other countries that do n't have formal steel quotas with the U.S. , such as Taiwan , Sweden and Argentina have supplied steel
+6	it would extend steel quotas , known as voluntary restraint agreements , until March 31 , 1992	it would use that two-and-a-half year period to work toward an international consensus on freeing up the international steel trade
+3	That increase rises to slightly more than 2 % of the U.S. market	a joint Korean-U.S. steel project is included
+1	Mexico virtually doubled its quota to 0.95 % of the U.S. steel market from 0.48 % under the previous quotas.South Korea , which had 1.9 % under the previous quotas , is set to get a small increase to about 1.95 % .That increase rises to slightly more than 2 % of the U.S. market if a joint Korean-U.S. steel project is included	Brazil is expected to increase its allowance from the 1.43 % share it has had in recent years
+8	Mexico virtually doubled its quota to 0.95 % of the U.S. steel market from 0.48 % under the previous quotas.South Korea , which had 1.9 % under the previous quotas , is set to get a small increase to about 1.95 % .That increase rises to slightly more than 2 % of the U.S. market if a joint Korean-U.S. steel project is included	Brazil is expected to increase its allowance from the 1.43 % share it has had in recent years
+1	In the recent talks , the EC had its quota increased about 300,000 tons , to 7 % of the U.S. market from 6.7 % in 1988	its quota has been as high as 6.9 % in 1984
+1	In the recent talks , the EC had its quota increased about 300,000 tons , to 7 % of the U.S. market from 6.7 % in 1988	Japan has agreed to cut its quota to about 5 % from 5.9 % previously
+0	Elcotel will also benefit from moving into other areas	that line of business to strengthen in the next year
+6	that several new products will lead to a `` much stronger '' performance in its second half	Elcotel will benefit from moving into other areas
+6	Elcotel will provide a credit-card reader for the machines to collect , store and forward billing data	Elcotel has developed an automatic call processor that will make further use of the company 's system for automating and handling credit-card calls and collect calls
+6	Elcotel has also developed an automatic call processor that will make further use of the company 's system for automating and handling credit-card calls and collect calls	The company will be producing a new line of convenience telephones , which do n't accept coins , for use in hotel lobbies , office lobbies , hospitality lounges and similar settings
+3	to purchase Quest stock at a discount	any person or group acquires more than 15 % of the company 's common stock or announces a tender offer
+6	The move stems from lessons learned in Japan where local competitors have had phenomenal success with concentrated soapsuds	It marks P & G 's growing concern that its Japanese rivals , such as Kao Corp. , may bring their superconcentrates to the U.S
+10	the company will study results from this market	expanding to others
+10	The company introduced a superconcentrated Lemon Cheer in Japan	watching the success of Attack
+2	The company introduced a superconcentrated Lemon Cheer in Japan	watching the success of Attack
+10	P & G 's share of the Japanese market fell to about 8 % from more than 20 %	Attack hit the shelves in 1987
+1	the true test for P & G will be in the $ 4 billion U.S. detergent market	the Japanese have embraced the compact packaging and convenience of concentrated products
+6	where growth is slow	liquids have gained prominence over powders
+2	The company may have chosen to market the product under the Cheer name	it 's already expanded its best-selling Tide into 16 different varieties , including this year 's big hit , Tide with Bleach
+1	With the help of Lemon Cheer , P & G 's share is now estimated to be 12 %	With superconcentrates it is n't always easy to persuade consumers that less is more
+1	In the early 1980s , P & G tried to launch here a concentrated detergent under the Ariel brand name that it markets in Europe	the product , which was n't as concentrated as the new Cheer , bombed in a market test in Denver and was dropped
+6	In the early 1980s , P & G tried to launch here a concentrated detergent under the Ariel brand name that it markets in Europe.But the product , which was n't as concentrated as the new Cheer , bombed in a market test in Denver and was dropped	P & G and others have tried repeatedly to hook consumers on detergent and fabric softener combinations in pouches , but they have n't sold well , despite the convenience
+1	P & G and others also have tried repeatedly to hook consumers on detergent and fabric softener combinations in pouches	they have n't sold well , despite the convenience
+1	but they have n't sold well , despite the convenience	P & G contends the new Cheer is a unique formula that also offers an ingredient that prevents colors from fading
+6	the new Cheer is a unique formula	that offers an ingredient that prevents colors from fading
+6	the new Cheer is a unique formula that also offers an ingredient that prevents colors from fading	retailers are expected to embrace the product , in part because it will take up less shelf space
+2	And retailers are expected to embrace the product	it will take up less shelf space
+11	bigger was better	shelf space was cheap
+1	When shelf space was cheap , bigger was better	with so many brands vying for space , that 's no longer the case
+3	the trend toward smaller packaging is likely to accelerate	the new Cheer sells well
+2	the trend toward smaller packaging is likely to accelerate	competitors follow with their own superconcentrates
+11	the trend toward smaller packaging is likely to accelerate	competitors follow with their own superconcentrates
+10	If the new Cheer sells well , the trend toward smaller packaging is likely to accelerate as competitors follow with their own superconcentrates	retailers `` will probably push the { less-established } brands out altogether
+3	Competition is bound to get tougher	Kao introduces a product like Attack in the U.S
+1	they are interested in selling detergents in the U.S	so far the company has focused on acquisitions , such as last year 's purchase of Andrew Jergens Co. , a Cincinnati hand-lotion maker
+6	but so far the company has focused on acquisitions , such as last year 's purchase of Andrew Jergens Co. , a Cincinnati hand-lotion maker	It has a product-testing facility in California
+5	They expected a new barrage of demands that Japan do something quickly to reduce its trade surplus with the U.S	they got a discussion of the need for the U.S. and Japan to work together and of the importance of the long-term view
+1	Mr. Mosbacher called for concrete results by next spring in negotiations over fundamental Japanese business practices that supposedly inhibit free trade	Mrs. Hills stressed that the objective `` is not to get definitive action by spring or summer , it is rather to have a blueprint for action
+5	that the objective `` is not to get definitive action by spring or summer	it is to have a blueprint for action
+1	Many called it simply a contrast in styles	some saw it as a classic negotiating tactic
+8	Many called it simply a contrast in styles But some saw it as a classic negotiating tactic Others said the Bush administration may feel the rhetoric on both sides is getting out of hand	some said it reflected the growing debate in Washington over pursuing free trade with Japan versus some kind of managed trade
+1	I did n't hear every word he spoke	as a general proposition , I think we have a very consistent trade strategy in the Bush administration
+1	Asked to compare her visit to Mr. Mosbacher 's , Mrs. Hills replied : `` I did n't hear every word he spoke , but as a general proposition , I think we have a very consistent trade strategy in the Bush administration	more than one American official who sat in with her during three days of talks with Japanese officials said her tone often was surprisingly `` conciliatory
+2	I am painted sometimes as ferocious	I have a ferocious list of statutes to implement
+11	Mrs. Hills firmly reiterated the need for progress in removing barriers to trade in forest products , satellites and supercomputers , three areas targeted under the Super 301 provision of the 1988 trade bill	she met the local press for the first time on Friday
+1	She highlighted exclusionary business practices that the U.S. government has identified	her main thrust was to promote the importance of world-wide free trade and open competition
+1	My impression was that you would be a scary old lady	I am relieved to see that you are beautiful and gentle and intelligent and a person of integrity
+1	Many Americans have interpreted a 1986 agreement as assuring U.S. companies a 20 % share by 1991	the Japanese have denied making any such promise
+1	I believe we can do much better than 20 %	I am against managed trade
+6	Traditional Industries Inc. said it expects to report a net loss for the fourth quarter that ended June 30 and is seeking new financing	the company said it would file a delayed fiscal-year report with the Securities and Exchange Commission `` within approximately 45 days
+11	a small subsidiary that is operationally unrelated becomes a difficult distraction	Syms 's `` core business of off-price retailing grows
+1	The gasoline picture may improve this quarter	chemicals are likely to remain weak
+1	He did n't forecast Phillips 's results	securities analysts say Phillips will be among the companies hard-hit by weak chemical prices and will probably post a drop in third-quarter earnings
+2	Beginning in mid-1987 , prices began accelerating	a growing U.S. economy and the weak dollar spurred demand
+11	Beginning in mid-1987 , prices began accelerating	a growing U.S. economy and the weak dollar spurred demand
+11	Now , greatly increased supplies are on the market	the dollar is stronger , and domestic economic growth is slower
+6	Now , greatly increased supplies are on the market	the dollar is stronger , and domestic economic growth is slower
+6	while the dollar is stronger	domestic economic growth is slower
+6	The excess supply pushed gasoline prices down in that period	crude oil prices were up some from a year earlier , further pressuring profitability
+6	margins picked up in September	gasoline profits will rebound this quarter , though still not to the level of 1988 's fourth quarter
+6	Demand has been much stronger than anticipated	it typically accelerates in the fourth quarter
+1	natural gas prices have been worse	oil prices have been better than expected
+1	Last summer was notable for a heat wave and drought that caused utilities to burn more natural gas to feed increased electrical demand from air conditioning use	This summer had milder weather than usual
+7	Going into the fourth quarter , natural gas prices are anywhere from 8 % to 17 % lower than a year earlier	natural gas currently produced along the Gulf Coast is selling on the spot market for around $ 1.47 a thousand cubic feet , down 13 % from $ 1.69 a thousand cubic feet a year ago
+9	Most of the Western European members of Coordinating Committee on Multilateral Export Controls , the unofficial forum through which the U.S. and its allies align their export-control policies , are expected to argue for more liberal export rules at a meeting to be held in Paris Oct. 25 and 26	They plan to press for a relaxation of rules governing exports of machine tools , computers and other high-technology products
+1	Most of the Western European members of Coordinating Committee on Multilateral Export Controls , the unofficial forum through which the U.S. and its allies align their export-control policies , are expected to argue for more liberal export rules at a meeting to be held in Paris Oct. 25 and 26	it wants to see evidence that all Cocom members are complying fully with existing export-control procedures before it will support further liberalization
+10	to see evidence that all Cocom members are complying fully with existing export-control procedures	it will support further liberalization
+1	the disclosure could n't be better timed to support the position of export-control hawks in the Pentagon and the intelligence community	the legality of these sales is still an open question
+11	Last summer , Mr. Bush moved the administration in the direction of gradual liberalization	he told a North Atlantic Treaty Organization meeting that he would allow some exceptions to the Cocom embargo of strategic goods
+1	Last summer , Mr. Bush moved the administration in the direction of gradual liberalization when he told a North Atlantic Treaty Organization meeting that he would allow some exceptions to the Cocom embargo of strategic goods	more recently , the Pentagon and the Commerce Department openly feuded over the extent to which Cocom should liberalize exports of personal computers to the bloc
+1	reflecting unhealed divisions among several competing agencies	these agencies generally agree that the West should be cautious about any further liberalization
+0	Salomon 's warrants are the first here to be issued by a third party	Hong Kong companies have in the past issued warrants on their own shares
+2	warrants for Hong Kong stocks are attractive	they give foreign investors an opportunity to buy shares without taking too great a risk
+2	The Hong Kong Telecommunications warrants should be attractive to buyers in Europe	the group is one of a handful of blue-chip stocks on the Hong Kong market that has international appeal
+11	by concealing their relationship	persuading it to buy $ 284 million in high-yield , high-risk junk bonds
+10	Financial Corp. purchased the bonds	Mr. Boesky and Drexel negotiated an agreement for Vagabond Hotels to purchase a 51 % stake in the thrift for about $ 34 million
+2	they had n't seen the suit	and could n't comment
+6	Financial Corp. of Santa Barbara filed suit against former stock speculator Ivan F. Boesky and Drexel Burnham Lambert Inc	named in the suit is Ivan F. Boesky Corp. and Northview Corp. , the successor company to Vagabonds Hotels
+10	it agreed to buy the bonds	a representative of Ivan F. Boesky Corp. visited it in November 1983 and said Financial Corp. could improve its financial condition by purchasing the bonds
+2	it agreed to buy the bonds	a representative of Ivan F. Boesky Corp. visited it in November 1983 and said Financial Corp. could improve its financial condition by purchasing the bonds
+1	and had signed a letter of intent to acquire the 51 % stake in the company	the agreement was canceled in June 1984
+10	its directors reached an agreement in principle calling for HOFI North America Inc. to combine its North American cement holdings with Ideal in a transaction that will leave Ideal 's minority shareholders with 12.8 % of the combined company	HOFI , the North American holding company of Swiss concern Holderbank Financiere Glaris Ltd proposed combining its 100 % stake in St. Lawrence Cement Inc. and its 60 % stake in Dundee Cement Co. with its 67 % stake in Ideal
+1	HOFI , the North American holding company of Swiss concern Holderbank Financiere Glaris Ltd. , previously proposed combining its 100 % stake in St. Lawrence Cement Inc. and its 60 % stake in Dundee Cement Co. with its 67 % stake in Ideal	HOFI 's first offer would have given Ideal 's other shareholders about 10 % of the combined company
+1	Ideal 's directors rejected that offer	they endorsed the merger proposal
+1	wheat prices remain stubbornly high	corn and soybean prices have slumped well below their drought-induced peaks of 1988
+11	wheat prices remain stubbornly high	corn and soybean prices have slumped well below their drought-induced peaks of 1988
+6	wheat prices remain stubbornly high	they 're likely to stay that way for months to come
+6	For one thing , even with many farmers planting more winter wheat this year than last , tight wheat supplies are likely to support prices well into 1990	if rain does n't fall soon across many of the Great Plains ' wheat-growing areas , yields in the crop now being planted could be reduced , further squeezing supplies
+3	And yields in the crop now being planted could be reduced	rain does n't fall soon across many of the Great Plains ' wheat-growing areas
+6	For one thing tight wheat supplies are likely to support prices well into 1990	supporting prices are expectations that the Soviet Union will place substantial buying orders over the next few months
+10	to be carried over into the next season	the winter wheat now being planted is harvested
+1	The government estimates that the new plan will boost production next year by about 66 million bushels	the full effect on prices of the winter wheat now being planted wo n't be felt until the second half of next year
+7	Unseasonably hot , dry weather across large portions of the Great Plains and in wheat-growing areas in Washington and Oregon is threatening to reduce the yield from this season 's winter wheat crop	in the Oklahoma panhandle , 40 % or more of the topsoil is short of moisture
+1	The Soviet Union has n't given any clear indication of its wheat purchase plans	many analysts expect Moscow to place sizable orders for U.S. wheat in the next few months , further supporting prices
+1	Late Thursday , after the close of trading , the market received what would normally have been a bullish U.S. Department of Agriculture estimate of the 1989-90 Florida orange crop	Brazil waited for the crop estimate to come out and then cut the export price of its juice concentrate to about $ 1.34 a pound from around $ 1.55
+10	However Brazil waited for the crop estimate to come out	and cut the export price of its juice concentrate to about $ 1.34 a pound from around $ 1.55
+6	It 's a dollar-priced product	the strong dollar has made it more expensive in Europe
+2	It 's a dollar-priced product	the strong dollar has made it more expensive in Europe
+1	last week 's rally is generally expected to continue this week	some analysts look for profit-taking in the wake of Friday 's leap in crude oil prices
+11	On the New York Mercantile Exchange , West Texas Intermediate crude for November delivery finished at $ 20.89 a barrel , up 42 cents on the day	On European markets spot prices of North Sea crudes were up 35 to 75 cents a barrel
+1	On the New York Mercantile Exchange , West Texas Intermediate crude for November delivery finished at $ 20.89 a barrel , up 42 cents on the day	On European markets spot prices of North Sea crudes were up 35 to 75 cents a barrel
+6	Analysts generally cite a lack of bearish developments as well as rumors of a possible tightening of supplies of some fuels and crudes	There are recurring reports that the Soviet Union is having difficulties with its oil exports and that Nigeria has about reached its production limit and ca n't produce as much as it could sell
+8	that the Soviet Union is having difficulties with its oil exports	that Nigeria has about reached its production limit and ca n't produce as much as it could sell
+3	co-founders Charles and Maurice Saatchi will lead a management buy-out attempt	a hostile predator emerges for Saatchi & Saatchi Co
+1	Financing for any takeover attempt may be problematic in the wake of Friday 's stock-market sell-off in New York and turmoil in the junk-bond market	the beleaguered British advertising and consulting giant has been the subject of intense takeover speculation for weeks
+8	Last week , Saatchi 's largest shareholder , Southeastern Asset Management , said it had been approached by one or more third parties interested in a possible restructuring	Carl Spielvogel , chief executive officer of Saatchi 's big Backer Spielvogel Bates advertising unit , said he had offered to lead a management buy-out of the company
+3	that it would have no choice but to recommend it to shareholders	a bidder came up with a ludicrously high offer , a crazy offer which Saatchi knew it could n't beat
+1	that `` if a bidder came up with a ludicrously high offer , a crazy offer which Saatchi knew it could n't beat , it would have no choice but to recommend it to shareholders	otherwise } it would undoubtedly come back '' with an offer by management
+5	that `` if a bidder came up with a ludicrously high offer , a crazy offer which Saatchi knew it could n't beat , it would have no choice but to recommend it to shareholders	But it would undoubtedly come back '' with an offer by management
+6	whose chairman is Maurice Saatchi	whose strategic guiding force is believed to be Charles Saatchi
+6	Mr. Spielvogel is n't part of the board	are any of the other heads of Saatchi 's big U.S.-based ad agencies
+1	The executive did n't name any price	securities analysts have said Saatchi would fetch upward of $ 1.3 billion
+2	only to clean up the company financially	the brothers could lead a buy-back
+11	That speculation abounded Friday	industry executives analyzed the appointment of the new chief executive , Robert Louis-Dreyfus
+6	But the beleaguered British advertising and consulting giant has been the subject of intense takeover speculation for weeks	several Saatchi agency clients said they believe the company 's management shakeup will have little affect on them
+6	It has n't had any impact on us	do we expect it to
+2	We have no problem with the announcement	we do n't know what change it 's going to bring about
+6	It has n't had any impact on us , nor do we expect it to , '' said a spokeswoman for Miller Brewing Co. , a major client of Backer Spielvogel.John Lampe , director of advertising at PaineWebber Inc. , a Saatchi & Saatchi Advertising client , said : `` We have no problem with the announcement	Executives at Backer Spielvogel client Avis Inc. , as well as at Saatchi client Philips Lighting Co said they saw no effect
+10	California 's Glendale Federal Bank awarded its $ 12 million to $ 15 million account to the Los Angeles office of Omnicom Group 's BBDO agency	The account was handled by Davis , Ball & Colombatto Advertising Inc. , a Los Angeles agency
+1	A spokeswoman would n't elaborate	the company said the discontinued product has never been a major source of revenue or profit
+1	that it filed part of its 10-K report with the Securities and Exchange Commission	that the filing does n't include its audited financial statements and related information
+10	it plans to amend its 10K to provide financial results	its audit is completed
+6	who resigned last month	Mr. Field had been chairman of McKesson Corp
+6	Alan Seelenfreund , 52 years old , was named chairman of this processor of prescription claims	PCS named Rex R. Malson , 57 , executive vice president at McKesson , as a director
+11	In New York , the Bonwit Teller and B. Altman & Co. department stores have filed for protection from creditors under Chapter 11 of the federal Bankruptcy Code	the R.H. Macy & Co. , Bloomingdale 's and Saks Fifth Avenue department-store chains are for sale
+1	In New York , the Bonwit Teller and B. Altman & Co. department stores have filed for protection from creditors under Chapter 11 of the federal Bankruptcy Code	the R.H. Macy & Co. , Bloomingdale 's and Saks Fifth Avenue department-store chains are for sale
+6	seasonal retail ad spending patterns in newspapers have been upset by shifts in ownership and general hardships within the retail industry	Many papers throughout the country are faced with a slowdown in classified-ad spending , a booming category for newspapers in recent years
+9	decreases in retail ad spending had bottomed out	and would increase in this year 's third and fourth quarters
+1	Improved paper prices will help offset weakness in linage	the retailers ' problems have affected the amount of ad linage they usually run
+7	Improved paper prices will help offset weakness in linage , but the retailers ' problems have affected the amount of ad linage they usually run	Gannett Co. posted an 11 % gain in net income , as total ad pages dropped at USA Today , but advertising revenue rose because of a higher circulation rate base and increased rates
+11	For instance , Gannett Co. posted an 11 % gain in net income	total ad pages dropped at USA Today
+1	For instance , Gannett Co. posted an 11 % gain in net income	total ad pages dropped at USA Today
+1	For instance , Gannett Co. posted an 11 % gain in net income , as total ad pages dropped at USA Today	advertising revenue rose because of a higher circulation rate base and increased rates
+2	Total advertising linage was `` modestly '' lower	classified-ad volume increased
+1	Total advertising linage was `` modestly '' lower as classified-ad volume increased	there was `` softer demand '' for retail and national ad linage
+1	the paper 's ad revenue increased 8 % in the quarter and 13 % in the nine months	USA Today 's total paid ad pages for the year to date totaled 2,735 , a decrease of 4 % from last year
+10	analysts are encouraged , because they do n't expect a price increase for the rest of this year	a supply crunch caused prices to rise 14 % since 1986 to $ 650 a metric ton
+2	analysts are encouraged	they do n't expect a price increase for the rest of this year
+6	by improved ad linage at the Los Angeles Times	which this week unveiled a redesign
+1	Times Co. 's regional daily newspapers are holding up well	there is little sign that things will improve in the New York market
+6	Washington Post Co. is expected to report improved earnings , largely because of increased cable revenue and publishing revenue helped by an improved retail market in the Washington area	According to analysts , profits were helped by successful cost-cutting measures at Newsweek
+1	that earnings were down in the third quarter	analysts point to positive advertising spending at several of its major daily newspapers , such as the Miami Herald and San Jose Mercury News
+6	when Knight-Ridder `` was starting up a Hispanic edition	circulation was falling
+2	that as many as five North American assembly plants may not survive the mid-1990s	the corporation struggles to cut its excess vehicle-making capacity
+11	that as many as five North American assembly plants may not survive the mid-1990s	the corporation struggles to cut its excess vehicle-making capacity
+2	that became unprofitable	the giant auto maker 's U.S. market share skidded during the past decade
+11	that became unprofitable	the giant auto maker 's U.S. market share skidded during the past decade
+10	to get their strategy to reduce capacity and the work force in place	those talks begin
+1	GM officials want to get their strategy to reduce capacity and the work force in place before those talks begin	The problem is that GM 's moves are coming at a time when UAW leaders are trying to silence dissidents who charge the union is too passive in the face of GM layoffs
+1	to criticize the U.S.-Canada free trade agreement and its champion , Prime Minister Brian Mulroney	Canadian auto workers may benefit from a separate GM move that affects three U.S. car plants and one in Quebec
+6	the plant has no new product lined up	none of us knows '' when the A-body cars will die
+1	he believes GM has plans to keep building A-body cars into the mid-1990s	At Pontiac the Camaro-Firebird decision appears to erase UAW hopes that GM would reopen the shuttered assembly plant that last built the plastic-bodied , two-seater Pontiac Fiero model
+10	The Fiero plant was viewed as a model of union-management cooperation at GM	slow sales of the Fiero forced the company to close the factory last year
+2	before slow sales of the Fiero forced the company to close the factory last year	Union officials have taken a beating politically
+1	they had n't been informed of specific areas of concern by either the government or Investment Canada	they hope to have more information early this week
+1	Mr. Mehta expects it to contain more specific guarantees on research and development spending levels in Canada than Merieux offered to Investment Canada	neither side will disclose its contents
+6	it canceled plans for a preferred-stock swap but may resume payment of dividends on the stock	that it expects to publicly offer about 10 million common shares
+1	it canceled plans for a preferred-stock swap	that in January 1990 , it may resume payments of dividends on the preferred stock
+6	The energy-services concern said , however , that in January 1990 , it may resume payments of dividends on the preferred stock.Weatherford suspended its preferred-dividend payment in October 1985 and said it has n't any plans to catch up on dividends in arrears about $ 6 million , but will do so some time in the future	the company said it filed with the Securities and Exchange Commission for the proposed offering of 10 million shares of common stock , expected to be offered in November
+2	Earnings for most of the nation 's major pharmaceutical makers are believed to have moved ahead briskly in the third quarter	companies with newer , big-selling prescription drugs fared especially well
+1	Earnings for most of the nation 's major pharmaceutical makers are believed to have moved ahead briskly in the third quarter	For the third consecutive quarter most of the companies ' revenues were battered by adverse foreign-currency translations as a result of the strong dollar abroad
+2	that over the past few years most drug makers have shed their slow-growing businesses and instituted other cost savings	major new products are having significant impact , even on a company with very large revenues
+1	that the rate of growth will `` look especially good as compared to other companies if the economy turns downward	that 's not spectacular
+3	that the rate of growth will `` look especially good as compared to other companies	the economy turns downward
+0	Profit climbed	Merck 's sales were reduced by `` one to three percentage points '' as a result of the strong dollar
+6	he estimated that Lilly 's earnings for the quarter jumped about 20 % , largely because of the performance of its new anti-depressant Prozac	they expected Warner-Lambert 's profit to increase by more than 20 % from $ 87.7 million , or $ 1.25 a share , it reported in the like period last year
+2	that Schering-Plough Corp. 's expected profit rise of about 18 % to 20 % , and Bristol-Meyers 's expected profit increase of about 13 % are	those companies are really managed well
+1	ScheringPlough earned $ 94.4 million , or 84 cents a share	Bristol-Myers earned $ 232.3 million , or 81 cents a share , in the like period a year earlier
+1	that Merck 's profit for the quarter rose by about 22 % that Lilly 's earnings for the quarter jumped about 20 % Warner-Lambert 's profit also to increase by more than 20 % from $ 87.7 million , or $ 1.25 a share , it reported in the like period last year to be about 18 % above the $ 123 million , or $ 1.25 a share , it earned in the third quarter of 1988 that Schering-Plough Corp. 's expected profit rise of about 18 % to 20 % , and Bristol-Meyers 's expected profit increase of about 13 % , and Bristol-Meyers 's expected profit increase of about 13 %	to decline by about 5 %
+6	Sales of both drugs have been hurt by new state laws restricting the prescriptions of certain tranquilizing medicines and adverse publicity about the excessive use of the drugs	the company 's hair-growing drug , Rogaine , is selling well -- at about $ 125 million for the year , but the company 's profit from the drug has been reduced by Upjohn 's expensive print and television campaigns for advertising
+1	Also , the company 's hair-growing drug , Rogaine , is selling well -- at about $ 125 million for the year	the company 's profit from the drug has been reduced by Upjohn 's expensive print and television campaigns for advertising
+2	Amid a crowd of crashing stocks , Relational Technology Inc. 's stock fell particularly hard Friday	its problems were compounded by disclosure of an unexpected loss for its fiscal first quarter
+1	our domestic business was substantially below expectations	our international operations showed strong growth
+6	the company 's first quarter is historically soft	computer companies in general are experiencing slower sales
+6	he accepted the resignation of Thomas Wilson , vice president of corporate sales	that his marketing responsibilities have been reassigned
+1	The Bronx has a wonderful botanical garden , a great zoo , its own charming Little Italy ( on Arthur Avenue ) and , of course , the Yankees	most people look at the borough the way Tom Wolfe 's Sherman McCoy did in `` Bonfire of the Vanities '' -- as a wrong turn into hell
+1	The Bronx has a wonderful botanical garden , a great zoo , its own charming Little Italy ( on Arthur Avenue ) and , of course , the Yankees However , most people look at the borough the way Tom Wolfe 's Sherman McCoy did in `` Bonfire of the Vanities '' -- as a wrong turn into hell	Laura Cunningham 's Bronx , her childhood Bronx of the '50s , is something else altogether
+6	Rosie died young	Lily has remembered her as a romantic figure
+7	The games Bronx children played seem tame by today 's crack standards	holding kids down and stripping them
+1	The games Bronx children played seem tame by today 's crack standards	Ms. Cunningham makes it all sound like a great adventure
+2	Maybe Lily became so obsessed with where people slept and how	her own arrangements kept shifting
+10	her uncles moved in -- and let her make the sleeping and other household arrangements	Rosie died
+1	The book loses some momentum toward the end	For the most part there 's much pleasure in her saucy , poignant probe into the mysteries of the Babylonian Bronx
+6	But Laura Cunningham 's Bronx , her childhood Bronx of the '50s , is something else altogether	The Bronx figures in Bruce Jay Friedman 's latest novel
+1	The Bronx also figures in Bruce Jay Friedman 's latest novel , which flashes back to the New York of the '50s	both the past and present worlds of `` The Current Climate '' ( Atlantic Monthly Press , 200 pages , $ 18.95 ) feel cramped and static
+3	Line by line Mr. Friedman 's weary cynicism can be amusing	he 's riffing on the Hollywood social scheme -- the way people size each other up
+9	Line by line Mr. Friedman 's weary cynicism can be amusing	he 's riffing on the Hollywood social scheme -- the way people size each other up
+11	she barely seems to notice	her husband disappears for drug-seeking forays into Manhattan
+1	Line by line Mr. Friedman 's weary cynicism can be amusing	it does n't take too many lines to figure Harry out
+6	that $ 1 million of the payment was previously provided for in its financial statements	that $ 500,000 will be recognized in its 1989 third-quarter statement
+10	Under the agreement , Gulf must give the U.S. government 45 days ' advance written notice	issuing any dividends on common stock
+10	The company 's net worth can not fall below $ 185 million	the dividends are issued
+6	Under the agreement , Gulf must give the U.S. government 45 days ' advance written notice before issuing any dividends on common stock.The company 's net worth can not fall below $ 185 million after the dividends are issued	Gulf must give the government 20 days ' advance written notice of any loans exceeding $ 50 million that are made to the Bermuda-based holding company.Gulf 's net worth after those transaction must be at least $ 150 million
+6	Gulf Resources & Chemical Corp. said it agreed to pay $ 1.5 million as part of an accord with the Environmental Protection Agency regarding an environmental cleanup of a defunct smelter the company formerly operated in Idaho	the company said it expects to hold a special meeting for shareholders in early 1990 to vote on its proposed reorganization
+3	it will be a big plus	we get rid of a lot of that nonsense
+0	The executives were remarkably unperturbed by the plunge	it lopped billions of dollars off the value of their companies -- and millions off their personal fortunes
+10	who was leisurely strolling through the bright orange and yellow leaves of the mountains here	his company 's shares plunged $ 5.75 to close at $ 86.50
+6	that this happened two years ago	there was a recovery
+9	Of course , established corporate managements often tend to applaud the setbacks of stock speculators and takeover artists	one chief executive who was downright delighted by Friday 's events was Robert Crandall , chairman of AMR Corp. , the parent of American Airlines and the target of a takeover offer by Mr. Trump
+10	the economy would grow at roughly an inflation-adjusted 2 % annual rate , through next year	accelerate anew in 1991
+6	Of the 19 economists who worked on the Business Council forecast , only two projected periods of decline in the nation 's output over the next two years	in `` both instances the declines are too modest to warrant the phrase recession
+6	that 's pushing down the price of New York office space and housing	The real estate slump is affecting the city 's retail real estate market
+8	In Manhattan , once-desirable store sites sit vacant	newly constructed space has been slow to fill
+3	should they sign a lease	prices are still coming down
+6	There is an unbelievable amount of space available	tenants usually can negotiate to pay rents that are about one-quarter lower than landlords ' initial asking price
+6	A handful of hot retail locations , such as the 57th Street and Madison and Fifth Avenue areas , have been able to sustain what many see as astronomical rents	in some neighborhoods , rents have merely hit a plateau
+1	A handful of hot retail locations , such as the 57th Street and Madison and Fifth Avenue areas , have been able to sustain what many see as astronomical rents.And , in some neighborhoods , rents have merely hit a plateau	on average , Manhattan retail rents have dropped 10 % to 15 % in the past six months alone
+10	That follows a more subtle decline in the prior six months	Manhattan rents had run up rapidly since 1986
+2	the number of employees who might use retail services shrinks	businesses contract or depart
+11	the number of employees who might use retail services shrinks	businesses contract or depart
+6	Retailers are increasingly cautious about expanding	rents have remained steady or in some cases have declined
+6	Weakness in the restaurant industry exacerbates the problem for landlords	It is no comfort to landlords and small New York retailers when the future of larger department stores are in doubt
+11	It is also no comfort to landlords and small New York retailers	the future of larger department stores , which anchor retail neighborhoods , are in doubt
+8	Hooker Corp. , parent of Bonwit Teller and B. Altman 's , is mired in bankruptcy proceedings	Bloomingdale 's is for sale by its owner , Campeau Corp
+1	The trend toward lower rents may seem surprising given that some communities in New York are bemoaning the loss of favorite local businesses to high rents	despite the recent softening , for many of these retailers there 's still been too big a jump from the rental rates of the late 1970s , when their leases were signed
+6	Madison and Fifth Avenues and East 57th Street can command rents of up to $ 500 a square foot	$ 250 is not uncommon
+1	Madison and Fifth Avenues and East 57th Street can command rents of up to $ 500 a square foot , and $ 250 is not uncommon.The thriving 34th Street area offers rents of about $ 100 a square foot , as do up-and-coming locations along lower Fifth Avenue	rentals in the best retail locations in Boston , San Francisco and Chicago rarely top $ 100 a square foot
+8	By contrast , rentals in the best retail locations in Boston , San Francisco and Chicago rarely top $ 100 a square foot	rents on Beverly Hills ' Rodeo Drive generally do n't exceed about $ 125 a square foot
+11	the occasion will differ sharply from previous anniversaries of his tenure	Justice William Brennan marks the start of his 34th year on the Supreme Court today
+1	For the first time , the 83-year-old justice finds his influence almost exclusively in dissent , rather than as a force in the high court 's majority.This role reversal holds true , as well , for his three liberal and moderate allies , Justices Thurgood Marshall , Harry Blackmun and John Stevens	are these four players , three of them in their 80s , ready to assume a different role after 88 years , collectively , of service on the high court
+1	The four justices are no newcomers to dissent , often joining forces in the past decade to criticize the court 's conservative drift	always , in years past , they have bucked the trend and have been able to pick up a fifth vote to eke out a number of major victories in civil rights and liberties cases
+1	and have been able to pick up a fifth vote to eke out a number of major victories in civil rights and liberties cases	Now victories for the liberals are rare
+2	Now , however victories for the liberals are rare	the court 's new five-member conservative majority continues to solidify
+11	Now , however victories for the liberals are rare	the court 's new five-member conservative majority continues to solidify
+1	The change is most dramatic for Justice Brennan , the last survivor of the mid-1960s liberal majority under Chief Justice Earl Warren	Justice Brennan foresaw his new role , strongly defending the importance of dissents in a 1985 speech
+6	to reconsider the fundamental questions	to rethink the result
+6	But Justice Brennan foresaw his new role , strongly defending the importance of dissents in a 1985 speech	in recent months he has said that when he was on the winning side in the 1960s , he knew that the tables might turn in the future
+11	that he knew that the tables might turn in the future	he was on the winning side in the 1960s
+1	We could sweep it under the rug and hide it	I 'm not going to do it
+6	but is feisty about his role	Justice Blackmun seems feisty about his new role
+6	he was no more discouraged about the court than in recent years	his outlook improved after successful cataract surgery in August
+1	And his outlook improved after successful cataract surgery in August	his level of frustration showed in a recent , impassioned speech to a group of hundreds of lawyers in Chicago
+2	Justice Stevens , 69 , is probably the most philosophical of the dissenters about his role	he may be the least liberal of the four
+1	in part because he may be the least liberal of the four	also because he enjoys the intellectual challenge of arguing with the majority more than the others
+6	in part because he may be the least liberal of the four	but because he enjoys the intellectual challenge of arguing with the majority more than the others
+2	Justice Stevens , 69 , is probably the most philosophical of the dissenters about his role	but also he enjoys the intellectual challenge of arguing with the majority more than the others
+3	it also differs in an important way from recent history	the role these four dissenters are assuming is a familiar one in modern Supreme Court history
+0	it also differs in an important way from recent history	the role these four dissenters are assuming is a familiar one in modern Supreme Court history
+6	If the role these four dissenters are assuming is a familiar one in modern Supreme Court history	it differs in an important way from recent history
+1	The dissenters of the Warren Court were often defending a legal legacy that they inherited	the dissenters today are defending a legacy that they created
+1	The government sold the deposits of four savings-and-loan institutions , in its first wave of sales of big , sick thrifts	low bids prevented the sale of a fifth
+10	of the 28 previous transactions initiated by the Resolution Trust Corp	it was created in the S & L bailout legislation two months ago
+10	Under these deals , the RTC sells just the deposits and the healthy assets	to be sold
+7	These `` clean-bank '' transactions leave the bulk of bad assets , mostly real estate , with the government	In these four the RTC is stuck with $ 4.51 billion in bad assets
+6	Acquirers paid premiums ranging from 1.5 % to 3.7 % for the deposits and branch systems , roughly in line with what analysts were expecting	The buyers will be locked into deposit rates for just two weeks , as has been the case with previous deals
+1	After that , the buyers may repudiate the rates paid by the former thrifts	it 's uncertain whether these institutions will take those steps
+7	But it 's uncertain whether these institutions will take those steps	NCNB has been one of the highest rate payers in the Texas market , and in Florida , rates are especially sensitive in retirement communities
+6	NCNB , for example , has been one of the highest rate payers in the Texas market	in Florida , rates are especially sensitive in retirement communities
+1	The RTC had previously targeted five thrifts for quick sales	the delays illustrate the tough chore facing the agency
+7	but the delays illustrate the tough chore facing the agency	the delay in selling People 's Heritage Savings , Salina , Kan. , with $ 1.7 billion in assets , has forced the RTC to consider selling off the thrift branch-by-branch , instead of as a whole institution
+6	NCNB will acquire University Federal Savings Association , Houston , which had assets of $ 2.8 billion.NCNB Texas National Bank will pay the RTC a premium of $ 129 million for $ 3.5 billion in deposits.As a measure of the depths to which the Texas real estate market has sunk , the RTC will pay $ 3.8 billion to NCNB to take $ 750 million of bad assets	NCNB acquired Freedom Savings & Loan Association , Tampa , Fla. , which had total assets of $ 900 million.NCNB will pay the RTC a premium of $ 40.4 million for $ 1.1 billion in deposits.NCNB will also acquire $ 266 million of Freedom 's assets from the RTC , which will require $ 875 million in assistance
+6	NCNB will pay the RTC a premium of $ 40.4 million for $ 1.1 billion in deposits	NCNB will acquire $ 266 million of Freedom 's assets from the RTC
+6	Meridian will pay a premium of $ 30.5 million to assume $ 2 billion in deposits	It will purchase $ 845 million of the thrift 's assets , with $ 1.9 billion in RTC assistance
+6	Royal Trustco will pay the RTC $ 25 million to assume $ 989 million in deposits	It will purchase $ 473 million in assets , and receive $ 550 million in assistance from the RTC
+1	it wo n't increase its advertising rates in 1990	because the guaranteed circulation base is being lowered , ad rates will be effectively 7.5 % higher per subscriber , according to Richard Heinemann , Time associate publisher
+2	However ad rates will be effectively 7.5 % higher per subscriber , according to Richard Heinemann , Time associate publisher	the guaranteed circulation base is being lowered
+1	Deep discounts in subscriptions and offers of free clock radios and watches have become accepted forms of attracting new subscribers in the hyper-competitive world of magazine news-weeklies	Time , as part of the more cost-conscious Time Warner , wants to wean itself away from expensive gimmicks
+6	But Time , as part of the more cost-conscious Time Warner , wants to wean itself away from expensive gimmicks	Time executives think selling a news magazine with a clock radio is tacky
+1	Time magazine executives predictably paint the circulation cut as a show of strength and actually a benefit to advertisers	Time executives used the same explanation when in October 1988 the magazine cut its guaranteed circulation from 4.6 million to 4.3 million
+11	However , Time executives used the same explanation	in October 1988 the magazine cut its guaranteed circulation from 4.6 million to 4.3 million
+8	when in October 1988 the magazine cut its guaranteed circulation from 4.6 million to 4.3 million	Time 's paid circulation , according to Audit Bureau of Circulations , dropped 7.3 % to 4,393,237 in the six months ended June 30 , 1989
+1	However , Time executives used the same explanation when in October 1988 the magazine cut its guaranteed circulation from 4.6 million to 4.3 million.And Time 's paid circulation , according to Audit Bureau of Circulations , dropped 7.3 % to 4,393,237 in the six months ended June 30 , 1989	Time 's move is being received well , once again
+11	they are improving the quality of circulation	insuring their profits
+6	they are improving the quality of circulation	insuring their profits
+6	Time 's rivals news-weeklies , Washington Post Co. 's Newsweek and U.S. News & World Report , are less reliant on electronic giveaways	in recent years both have been increasing their circulation rate bases
+10	Sen. Christopher Dodd called the State Department for a briefing	the news broke of an attempted coup in Panama two weeks ago
+1	It is bigger , faster and more profitable than the news divisions of any of the three major broadcast networks.Its niche as the `` network of record '' during major crises draws elite audiences around the world	for all its success , CNN has hit a plateau
+1	it ebbs during periods of calm	viewership soars when big news breaks
+10	Although viewership soars	big news breaks
+11	and wo n't keep viewers coming back	the alternatives multiply for news and information on cable-TV
+2	and wo n't keep viewers coming back	the alternatives multiply for news and information on cable-TV
+2	Just the fact we 're on 24 hours is no longer bulletin You ca n't live on that	CNN , a unit of Atlanta-based Turner Broadcasting System Inc. , is trying to reposition itself as a primary channel , or what people in the television industry call a `` top of mind '' network
+6	by shifting away from its current format toward more full-length `` signature '' programming with recognizable stars	CNN is expanding international coverage and adding a second global-news program
+8	It is paying higher salaries -- after years of scrimping -- to lure and keep experienced staffers	it is embarking on an expensive gamble to break major stories with a large investigative-reporting team
+1	The next stage is to get beyond the opinion leaders who use us as a point of reference to become a point of reference at ordinary dinner tables	that wo n't be easy
+6	Networks , like other consumer products , develop images in peoples ' minds that are n't easy to change	It takes money that CNN has been reluctant to spend to make programs and hire talent that viewers will tune in specially to see
+6	It also takes money that CNN has been reluctant to spend to make programs and hire talent that viewers will tune in specially to see	the cable-TV operators -- CNN 's distributors and part owners -- like things just the way they are
+11	and what may happen to it	the cable-TV news market grows more competitive
+6	Already , CNN is facing stronger competition from Financial News Network Inc. and General Electric Co. 's Consumer News and Business Channel , both of which are likely to pursue more general news in the future	many cable-TV systems themselves are airing more local and regional news programs produced by local broadcast stations
+11	The brief attention viewers give CNN could put it at a disadvantage	ratings data , and advertising , become more important to cable-TV channels
+2	The brief attention viewers give CNN could put it at a disadvantage	ratings data , and advertising , become more important to cable-TV channels
+2	It focused on building up its news bureaus around the world	it could go live quicker and longer than other networks
+11	so it could go live quicker and longer than other networks	events took place
+1	It filled its daily schedule with newscasts called `` Daybreak , '' `` Daywatch , '' `` Newsday , '' and `` Newsnight	the shows varied little in content , personality or look
+2	Now , the push is on for more-distinctive shows	CNN is adding a world-affairs show in the morning because surveys show its global-news hour in the afternoon is among its most `` differentiated '' programs in viewers ' minds
+2	Accordingly , CNN is adding a world-affairs show in the morning	surveys show its global-news hour in the afternoon is among its most `` differentiated '' programs in viewers ' minds
+8	Accordingly , CNN is adding a world-affairs show in the morning	it is exploring other original programs , similar to its `` Larry King Live '' and `` Crossfire '' talk shows
+6	which executives hope will keep people tuned in	there 's `` The World Today , '' the prime-time newscast featuring Mr. Shaw and Ms. Crier
+1	Until now , CNN has featured its Hollywood gossip show during the key evening period	70 % of the cable-television-equipped households that watch news do so between 6:30 p.m. and 7 p.m. so CNN wants in
+2	But 70 % of the cable-television-equipped households that watch news do so between 6:30 p.m. and 7 p.m	CNN wants in
+6	But 70 % of the cable-television-equipped households that watch news do so between 6:30 p.m. and 7 p.m so CNN wants in	The evening news is slated as CNN 's stage for its big push into investigative journalism
+10	CNN will follow through with its investigative commitment	it sees the cost of producing in-depth pieces
+9	CNN will follow through with its investigative commitment	it sees the cost of producing in-depth pieces
+1	CNN recently gave most employees raises of as much as 15 %	they 're still drastically underpaid compared with the networks
+1	they 're on top of everything	to improve , they 've really got to make the investment in people
+3	We would obviously be upset	those kinds of services evolved into more general-interest , long-format programming
+1	Admittedly , the principle in the cases is the same	the outcome of a legal dispute almost always turns on the facts
+6	But the outcome of a legal dispute almost always turns on the facts	the facts , as found by the various courts in these two lawsuits , were different
+3	you leave the realm of reporting and enter the orbit of speculation	you suggest otherwise
+1	Terms were n't disclosed	it expected to post a modest pretax gain and to save about $ 2 million in operating costs annually
+6	to post a modest pretax gain	to save about $ 2 million in operating costs annually
+5	whether to seek another buyer for the branches	to pursue the transaction with Imperial Corp
+2	that the suits should be dismissed as moot	neither the S & Ls nor the extinct Federal Savings and Loan Insurance Corp. has the money to pay judgments
+1	even the S & L lawyers concede there 's little precedent to back their position	the argument may have a common-sense ring to it
+1	even the S & L lawyers concede there 's little precedent to back their position	one federal appeals court has signaled it 's willing to entertain the notion , and the lawyers have renewed their arguments in Texas and eight other states where the defense is permitted under state law
+6	Still , one federal appeals court has signaled it 's willing to entertain the notion	the lawyers have renewed their arguments in Texas and eight other states where the defense is permitted under state law
+3	this contention would justify dismissal of these actions on prudential grounds	true
+1	If true this contention would justify dismissal of these actions on prudential grounds	the court said it lacked enough financial information about Sunbelt and the FSLIC and sent the cases back to federal district court in Dallas
+2	to dismiss the suits	Sunbelt 's liabilities exceeded its assets by about $ 2 billion when federal regulators closed it in August 1988
+11	because Sunbelt 's liabilities exceeded its assets by about $ 2 billion	federal regulators closed it in August 1988
+1	This institution is just brain dead	a lawyer for Triland Investment Group , the developer of Valley Ranch , dismisses such arguments as a `` defense du jour
+1	Mandela , considered the most prominent leader of the ANC , remains in prison	his release within the next few months is widely expected
+6	that thousands of tons of goods needed to ease widespread shortages across the nation were piled up at ports and rail depots	food shipments were rotting because of a lack of people and equipment to move the cargo
+6	Strikes and mismanagement were cited	Premier Ryzhkov warned of `` tough measures
+6	He reiterated his opposition to such funding , but expressed hope of a compromise	The president , at a news conference Friday renewed a call for the ouster of Panama 's Noriega
+11	The White House said minors have n't any right to abortion without the consent of their parents.The administration 's policy was stated in a friend-of-the-court brief urging the Supreme Court to give states more leeway to restrict abortions	Ten of the nation 's governors called on the justices to reject efforts to limit abortions
+6	The White House said minors have n't any right to abortion without the consent of their parents.The administration 's policy was stated in a friend-of-the-court brief urging the Supreme Court to give states more leeway to restrict abortions	Ten of the nation 's governors called on the justices to reject efforts to limit abortions
+2	In the occupied lands , underground leaders of the Arab uprising rejected a U.S. plan to arrange Israeli-Palestinian talks	Shamir opposed holding such discussions in Cairo
+11	In the occupied lands , underground leaders of the Arab uprising rejected a U.S. plan to arrange Israeli-Palestinian talks	Shamir opposed holding such discussions in Cairo
+11	Thousands of residents of low-lying areas were ordered to evacuate	the storm headed north in the Gulf of Mexico with 80 mph winds
+2	Thousands of residents of low-lying areas were ordered to evacuate	the storm headed north in the Gulf of Mexico with 80 mph winds
+2	that continued control of Arby 's by Victor Posner is totally unacceptable to us	it is extremely likely to cause irreparable damage to the Arby 's system
+6	that inflation still persists	the pessimism over interest rates caused by the new price data contributed to the stock market 's plunge Friday
+10	the producer price index for finished goods shot up 0.9 % last month	falling for three consecutive months
+2	the producer price index for finished goods shot up 0.9 % last month	energy prices jumped
+10	the producer price index for finished goods shot up 0.9 % last month	energy prices jumped
+10	as energy prices jumped	tumbling through the summer
+0	it did play a role in the market 's decline	the report , which was released before the stock market opened , did n't trigger the 190.58-point drop in the Dow Jones Industrial Average
+10	which was released	the stock market opened
+1	the Friday report , combined with the actions of the Fed , weakened the belief that there was going to be an imminent easing of monetary policy	economists were divided over the extent of the inflation threat signaled by the new numbers
+1	The overall 0.9 % increase is serious in itself	what is even worse is that excluding food and energy , the producer price index still increased by 0.7 %
+0	that excluding food and energy	the producer price index increased by 0.7 %
+1	The overall 0.9 % increase is serious in itself , but what is even worse is that excluding food and energy , the producer price index still increased by 0.7 % , '' said Gordon Richards , an economist at the National Association of Manufacturers	Sung Won Sohn , chief economist at Norwest Corp. in Minneapolis , blamed rising energy prices and the annual autumn increase in car prices for most of the September jump
+10	when a steep run-up in world oil prices sent the index surging at double-digit annual rates	Energy prices plummeted through the summer
+1	that is still a steeper rise than the 4.0 % increase for all of 1988	far more restrained than the pace at the beginning of the year
+6	While far more restrained than the pace at the beginning of the year , that is still a steeper rise than the 4.0 % increase for all of 1988	this year 's good inflation news may have ended last month , when energy prices zoomed up 6.5 % after plunging 7.3 % in August
+10	when energy prices zoomed up 6.5 %	plunging 7.3 % in August
+1	Analysts had expected that the climb in oil prices last month would lead to a substantial rise in the producer price index	the 0.9 % climb was higher than most anticipated
+1	but the 0.9 % climb was higher than most anticipated	that last month 's rise `` is n't as bad an omen '' as the 0.9 % figure suggests
+4	the increase is concentrated in energy and motor vehicle prices , rather than being a broad-based advance in the prices of consumer and industrial goods	you examine the data carefully
+10	Passenger car prices jumped 3.8 % in September	climbing 0.5 % in August and declining in the late spring and summer
+2	coming	dealers introduced their 1990 models
+11	coming	dealers introduced their 1990 models
+1	car prices rose beyond the customary autumn increase	all the price data were adjusted for normal seasonal fluctuations
+1	Prices for capital equipment rose a hefty 1.1 % in September	prices for home electronic equipment fell 1.1 %
+8	Prices for capital equipment rose a hefty 1.1 % in September	prices for home electronic equipment fell 1.1 %
+10	Food prices declined 0.6 %	climbing 0.3 % in August
+1	Prices for capital equipment rose a hefty 1.1 % in September , while prices for home electronic equipment fell 1.1 % .Food prices declined 0.6 % , after climbing 0.3 % in August	the retail sales report showed that car sales rose 0.8 % in September to $ 32.82 billion
+8	Prices for capital equipment rose a hefty 1.1 % in September , while prices for home electronic equipment fell 1.1 % .Food prices declined 0.6 % , after climbing 0.3 % in August	the retail sales report showed that car sales rose 0.8 % in September to $ 32.82 billion
+1	that car sales rose 0.8 % in September to $ 32.82 billion	at least part of the increase could have come from higher prices
+10	Sales at general merchandise stores rose 1.7 %	declining 0.6 % in August
+1	Sales at general merchandise stores rose 1.7 %	sales of building materials fell 1.8 % after rising 1.7 %
+10	while sales of building materials fell 1.8 %	rising 1.7 %
+10	Producer prices for intermediate goods grew 0.4 % in September	dropping for three consecutive months
+10	Prices for crude goods , an array of raw materials , jumped 1.1 %	declining 1.9 % in August and edging up 0.2 % in July
+2	nonperforming assets rose to slightly more than $ 700 million from $ 516 million between June and September.Approximately 85 % of the total consisted of nonperforming commercial real estate assets	CityFed estimated that it will provide between $ 85 million and $ 110 million for credit losses in the third quarter
+6	nonperforming assets rose to slightly more than $ 700 million from $ 516 million between June and September that significant additional loan-loss provisions may be required by federal regulators as part of the current annual examination of City Federal Savings Bank , CityFed 's primary subsidiary , based in Somerset , N.J	CityFed will mark its portfolio of high-yield corporate bonds to market as a result of federal legislation requiring that savings institutions divest themselves of such bonds
+6	nonperforming assets rose to slightly more than $ 700 million from $ 516 million between June and September that significant additional loan-loss provisions may be required by federal regulators as part of the current annual examination of City Federal Savings Bank , CityFed 's primary subsidiary , based in Somerset , N.J CityFed will also mark its portfolio of high-yield corporate bonds to market as a result of federal legislation requiring that savings institutions divest themselves of such bonds	it expects to shed its remaining mortgage loan origination operations outside its principal markets in New Jersey and Florida and , as a result , is taking a charge for discontinued operations
+2	it expects to shed its remaining mortgage loan origination operations outside its principal markets in New Jersey and Florida	and is taking a charge for discontinued operations
+1	All these actions will result in a loss of $ 125 million to $ 150 million for the third quarter	Depending on the resolution of certain accounting issues relating to mortgages servicing and the outcome of the annual examination of City Federal currently in progress with respect to the appropriate level of loan loss reserves , the total loss for the quarter could significantly exceed this range
+6	federal thrift regulators ordered it to suspend dividend payments on its two classes of preferred stock	Regulators ordered CenTrust to stop buying back the preferred stock
+10	to stop paying common stock dividends	its operations were on track
+1	The Office of Thrift Supervision has been hounding CenTrust to provide current market values for its holdings	it ca n't easily obtain such values because of the relative illiquidity of the bonds and lack of a ready market
+6	saying the thrift 's operating losses and `` apparent '' junk-bond losses `` have been substantially offset by gains in other activities of the bank	He said substantial reserves have been set aside for possible losses from the junk bonds
+7	substantial reserves have been set aside for possible losses from the junk bonds	In the third quarter CenTrust added $ 22.5 million to its general reserves
+5	the regulators ' decision	the regulators should move ahead with approving CenTrust 's request to sell 63 of its 71 branches to Great Western Bank , a unit of Great Western Financial Corp. based in Beverly Hills , Calif
+1	Many interpret the delay as an indication that regulators are skeptical about the proposal	CenTrust touts the branch sale
+2	the sale would give it positive tangible capital of $ 82 million , or about 1.2 % of assets , from a negative $ 33 million as of Sept. 30	bringing CenTrust close to regulatory standards
+6	the sale would give it positive tangible capital of $ 82 million , or about 1.2 % of assets , from a negative $ 33 million as of Sept. 30 , thus bringing CenTrust close to regulatory standards	the branch sale would reduce the company 's large amount of good will by about $ 180 million
+1	CenTrust said the branch sale would also reduce the company 's large amount of good will by about $ 180 million	Critics say the branch sale will make CenTrust more dependent than ever on brokered deposits and junk bonds
+10	by not renewing more than $ 1 billion of brokered certificates of deposit	they come due
+6	that he intends to further pare the size of CenTrust by not renewing more than $ 1 billion of brokered certificates of deposit when they come due	The thrift is working to unload its junk-bond portfolio by continuing to sell off the bonds , and it plans to eventually place some of them in a separate affiliate , as required under the new thrift law
+6	The thrift is also working to unload its junk-bond portfolio by continuing to sell off the bonds	it plans to eventually place some of them in a separate affiliate
+11	that she could name any of 100 different cheeses after just one nibble	blindfolded
+1	The woman won the bet	perhaps even more remarkable , the three-hour-show , `` Wetten Dass '' ( Make a Bet ) , regularly wins the top slot in the country 's TV ratings , sometimes drawing as many as 50 % of West German households
+11	Europe 's cultural curators have taken to the ramparts against American `` cultural imperialism	the 1992 economic integration approaches
+1	As the 1992 economic integration approaches , Europe 's cultural curators have taken to the ramparts against American `` cultural imperialism	much of what the Europeans want to protect seems every bit as cheesy as what they are trying to keep out
+1	few boast the high culture and classy production values one might expect	there are some popular action and drama series
+0	that viewers clamored to buy a chocolate product , `` Cacao Fantastico , '' whose praises were sung each week by dancing showgirls	the product did n't exist
+6	Topping the cheese stunt , on another typical evening of fun on `` Wetten Dass , '' a contestant won a bet with the show 's host , Thomas Gottschalk , that he could identify 300 German dialects over the telephone	A celebrity guest , U.S . Ambassador to West Germany Richard Burt won a bet that someone could pile up $ 150 worth of quarters on a slanted coin
+0	A celebrity guest , U.S . Ambassador to West Germany Richard Burt , also won a bet that someone could pile up $ 150 worth of quarters on a slanted coin	Mr. Burt paid the penalty as if he had lost
+0	Mr. Burt nonetheless paid the penalty	he had lost
+4	it may be because these shows need all the protection they can get	this seems like pretty weak stuff around which to raise the protectionist barriers
+2	it may be	these shows need all the protection they can get
+7	Most British programming is more of an acquired taste	There is `` One Man and His Dog , '' a herding contest among sheep dogs
+6	There is , for instance , `` One Man and His Dog , '' a herding contest among sheep dogs	riveting to the British are hours of dart-throwing championships , even more hours of lawn bowling contests and still more hours of snooker marathons
+10	which ended	the female lead was injured in a real-life auto accident
+2	which ended	the female lead was injured in a real-life auto accident
+2	The trend is pretty well established	local programs are the most popular , with American programs second
+1	Given a choice , everybody will watch a home-produced show	frequently there is n't much choice
+2	Given a choice , everybody will watch a home-produced show . '' But frequently there is n't much choice	Europe has begun the recent crusade to produce more worthy shows of its own , programs with broader appeal
+1	here many believe that its absence is to blame for the European TV industry 's sluggish development	some in the U.S. contend that advertising is the bane of television
+2	it did n't matter that a program could n't be sold abroad or put into syndication	production costs were guaranteed
+1	Since production costs were guaranteed , it did n't matter that a program could n't be sold abroad or put into syndication	not much money was spent on the shows , either , a situation that encouraged cheap-to-make talk and game shows , while discouraging expensive-to-produce dramas
+1	that encouraged cheap-to-make talk and game shows	discouraging expensive-to-produce dramas
+11	that encouraged cheap-to-make talk and game shows	discouraging expensive-to-produce dramas
+1	Until recently , national governments in Europe controlled most of the air time and allowed little or no advertising	Now commercial channels are coming to most European countries , and at the same time , satellite and cable technology is spreading rapidly
+6	Now , however , commercial channels are coming to most European countries	at the same time , satellite and cable technology is spreading rapidly
+10	Just last week , Greece authorized two commercial channels for the first time	Spain began to allow commercial television alongside its state channels
+1	The result is a new and huge appetite for programming	perhaps to the consternation of those calling for quotas , most of this void is likely to be filled with the cheapest and most plentiful programming now available -- reruns -- usually of shows made in the U.S
+1	Most threatened by closer British Aerospace-Thomson ties would be their respective national rivals , including Matra S.A. in France and Britain 's General Electric Co. PLC	neither Matra nor GEC -- unrelated to Stamford , Conn.-based General Electric Co. -- are sitting quietly by as their competitors join forces
+11	But neither Matra nor GEC -- unrelated to Stamford , Conn.-based General Electric Co. -- are sitting quietly by	their competitors join forces
+2	But neither Matra nor GEC -- unrelated to Stamford , Conn.-based General Electric Co. -- are sitting quietly by	their competitors join forces
+1	that his company may join the Ferranti fight , as part of a possible consortium that would bid against British Aerospace and Thomson-CSF	it may be weeks before GEC and its potential partners decide whether to bid
+6	But it may be weeks before GEC and its potential partners decide whether to bid	any GEC bid might be blocked by British antitrust regulators
+6	Ferranti is GEC 's main competitor on several key defense-electronics contracts	its purchase by GEC may heighten British Defense Ministry worries about concentration in the country 's defense industry
+1	Ferranti is GEC 's main competitor on several key defense-electronics contracts , and its purchase by GEC may heighten British Defense Ministry worries about concentration in the country 's defense industry	A consortium bid would diminish GEC 's direct role in Ferranti and might consequently appease ministry officials
+2	A consortium bid , however , would diminish GEC 's direct role in Ferranti	and might appease ministry officials
+6	For both Thomson and British Aerospace , earnings in their home markets have come under pressure from increasingly tight-fisted defense ministries	Middle East sales , a traditional mainstay for both companies ' exports , have been hurt by five years of weak oil prices
+7	The European defense industry is consolidating	West Germany 's Siemens AG recently joined GEC in a takeover of Britain 's Plessey Co. , and Daimler-Benz agreed to buy Messerschmitt-Boelkow Blohm G.m.b.H
+8	for instance , West Germany 's Siemens AG recently joined GEC in a takeover of Britain 's Plessey Co	Daimler-Benz agreed to buy Messerschmitt-Boelkow Blohm G.m.b.H
+2	it will delay a proposed two-step , 830 million Canadian-dollar ( US $ 705.6 million ) expansion of its system	Canada 's output of crude oil is shrinking
+6	The capability of existing fields to deliver oil is dropping	oil exploration activity is also down dramatically
+6	The capability of existing fields to deliver oil is dropping	and oil exploration activity is down dramatically
+2	The capability of existing fields to deliver oil is dropping , '' and oil exploration activity is also down dramatically	many producers shift their emphasis to natural gas
+11	The capability of existing fields to deliver oil is dropping , '' and oil exploration activity is also down dramatically	many producers shift their emphasis to natural gas
+2	the outlook for natural gas is better than it is for oil	and have shifted their exploration and development budgets
+6	The number of active drilling rigs in Canada is down 30 % from a year ago	the number of completed oil wells is `` down more than that , due to the increasing focus on gas exploration
+8	Interprovincial transports about 75 % of all crude produced in western Canada	almost 60 % of Interprovincial 's total volume consists of light crude
+1	It 's very much a growing concern	when something is inevitable , you learn to live with it
+3	But you learn to live with it	something is inevitable
+1	Canada 's declining crude output , combined with the fast-shrinking output of U.S. crude , will help intensify U.S. reliance on oil from overseas , particularly the Middle East	that the delay of Interprovincial 's proposed expansion wo n't by itself increase U.S. dependence on offshore crude
+2	that the delay of Interprovincial 's proposed expansion wo n't by itself increase U.S. dependence on offshore crude , however	Canadian imports are limited in any case by Canada 's falling output
+3	a modest increase	compared with the sizzling expansion of years past
+1	Investors -- taking this as a sign that a broad industry slump was in the offing -- reacted by selling the company 's stock , which lost $ 3.25 that day to close at $ 52 in national over-the-counter trading	that was all of three months ago
+6	Among those companies expected to have a down quarter are Hewlett-Packard Co. , Amdahl Corp. and Sun Microsystems Inc. , generally solid performers in the past	International Business Machines Corp is expected to report disappointing results
+1	Among those companies expected to have a down quarter are Hewlett-Packard Co. , Amdahl Corp. and Sun Microsystems Inc. , generally solid performers in the past.International Business Machines Corp. also is expected to report disappointing results	Apple Computer Inc. is expected to show improved earnings for the period ended Sept
+1	that booming sales of new personal computers from Apple and IBM had resulted in net income more than doubling for its fourth quarter ended June 30 to $ 7.4 million , or 23 cents a share	that results for its first quarter ended Sept. 30 had n't met expectations
+1	the major forces expected to shape the industry in the coming year are clearer	the earnings picture confuses
+1	Until recently , Adobe had a lock on the market for image software	last month Apple , Adobe 's biggest customer , and Microsoft rebelled
+6	Now the two firms are collaborating on an alternative to Adobe 's approach	they are likely to carry IBM , the biggest seller of personal computers , along with them
+1	In computer publishing , a battle over typefaces is hurting Adobe Systems Inc	The short-term outlook for Adobe 's business appears strong
+10	the Mountain View , Calif. , company has been receiving 1,000 calls a day about the product	it was demonstrated at a computer publishing conference several weeks ago
+11	In computer publishing , a battle over typefaces is hurting Adobe Systems Inc. , which sells software that controls the image produced by printers and displays	competition between various operating systems , which control the basic functions of a computer , spells trouble for software firms generally
+1	Companies will continue to war over standards	the battle of the bus is expected to grow increasingly irrelevant
+1	IBM is backing one type of bus called microchannel	the nine other leading computer makers , including H-P and Compaq Computer Corp. , have chosen another method
+7	Users do n't care about the bus	Apple 's family of Macintosh computers uses four different buses `` and no one seems to mind
+6	Apple 's family of Macintosh computers , for instance , uses four different buses	no one seems to mind
+7	Some lagging competitors even may leave the personal computer business altogether	Wyse Technology is considered a candidate to sell its troubled operation
+1	Wyse has done well establishing a distribution business	they have n't delivered products that sell
+1	As a result of this trend , longtime powerhouses H-P , IBM and Digital Equipment Corp. are scrambling to counterattack with microprocessor-based systems of their own	they will have to act quickly
+6	Compaq to unveil a family of high-end personal computers later this year that are powerful enough to serve as the hub for communications within large networks of desk-top machines	A raft of new computer companies has targeted this `` server '' market
+7	The gains , to be sure , are rather small	Iowa saw its population grow by 11,000 people , or 0.4 % , between 1987 and 1988 , the Census Bureau says
+1	Iowa , for instance , saw its population grow by 11,000 people , or 0.4 % , between 1987 and 1988	even that modest increase is good news for a state that had n't grown at all since 1981
+6	Seven of nine states have grown each year since 1980 , including New York , which lost 4 % of its population during the 1970s	although Pennsylvania and Massachusetts suffered slight declines earlier in the decade , they are growing again
+1	And they are growing again	Pennsylvania and Massachusetts suffered slight declines earlier in the decade
+1	At the same time , several states in the South and West have had their own population turnaround	Overall the South and West still outpace the Northeast and Midwest
+6	Overall , though , the South and West still outpace the Northeast and Midwest	fast-growing states like Florida and California ensure that the pattern will continue
+1	Overall , though , the South and West still outpace the Northeast and Midwest , and fast-growing states like Florida and California ensure that the pattern will continue	the growth gap between the Sun Belt and other regions has clearly started narrowing
+6	THANKS TO modern medicine , more couples are growing old together	even after losing a spouse , more of the elderly are staying independent
+10	And more of the elderly are staying independent	losing a spouse
+1	THANKS TO modern medicine , more couples are growing old together	This does n't mean they 're less likely to live alone
+11	many become widowed	people get even older
+1	As people get even older , many become widowed	even among those aged 75 and older , the share living with a spouse rose slightly , to 40 % in 1988 from 38 % in 1970
+2	More people are remaining independent longer	they are better off physically and financially
+1	Two-thirds of respondents said they strongly felt the need to be successful in their jobs	fewer than half said they strongly felt the need to spend more time with their families
+8	Average household income for the sample was $ 194,000	average net assets were reported as $ 775,000
+0	they control nearly one-third of discretionary income	they represent only 2 % of the population
+8	Despite their considerable incomes and assets , 40 % of the respondents in the study do n't feel financially secure	one-fourth do n't feel that they have made it
+1	only 25 % give $ 2,500 or more to charity each year	twothirds feel some guilt about being affluent
+8	About 54 % are women	44 % are part-time students
+6	and that rhymes with P	that stands for pool
+8	they were worried about setting a precedent that would permit pool halls along Addison 's main street	the mayor , in an admonition that bears a rhythmic resemblance to Prof.Hill 's , warned that `` alcohol leads to betting , which leads to fights
+6	Pool is hot in New York and Chicago where `` upscale , suit-and-tie places '' are adding tables	rowdy behavior seems unlikely at the Grand Kempinski , where rooms average $ 200 a night and the cheap mixed drinks go for $ 3.50 a pop
+8	where rooms average $ 200 a night	the cheap mixed drinks go for $ 3.50 a pop
+1	Pool is hot in New York and Chicago where `` upscale , suit-and-tie places '' are adding tables With today 's tougher drunk driving laws people do n't want to just sit around and drink Besides , rowdy behavior seems unlikely at the Grand Kempinski , where rooms average $ 200 a night and the cheap mixed drinks go for $ 3.50 a pop.At the lounge , manager Elizabeth Dyer wo n't admit patrons in jeans , T-shirts or tennis shoes	a majority of the Addison council did n't buy those arguments
+10	an investigation disclosed that town officials regularly voted on their own projects , gave special favors to developer friends and dipped into the town 's coffers for trips and retreats	its previous mayor committed suicide last year
+1	The revelations embarrassed town officials	they argued that the problems were n't as severe as the media suggested
+7	unfortunately neither he nor the producers of the show have done their homework	Haole '' ( white ) is not the ultimate insult ; `` Mainland haole '' is
+8	For instance : `` Haole '' ( white ) is not the ultimate insult ; `` Mainland haole '' is	the local expression for brother is `` brah , '' not `` bruddah
+8	And the local expression for brother is `` brah , '' not `` bruddah	even if a nurse would wear flowers in her hair while on duty , if she were engaged she would know to wear them behind her left , not right , ear
+3	And if she were engaged she would know to wear them behind her left , not right , ear	a nurse would wear flowers in her hair while on duty
+11	even if a nurse would wear flowers in her hair	on duty
+3	And she would know to wear them behind her left , not right , ear	she were engaged
+4	A good bet would be the tension between blacks and Jews in New York City	so it must seem to Jackie Mason , the veteran Jewish comedian appearing in a new ABC sitcom airing on Tuesday nights ( 9:30-10 p.m. EDT )
+6	Not only is Mr. Mason the star of `` Chicken Soup	he 's the inheritor of a comedic tradition dating back to `` Duck Soup , '' and he 's currently a man in hot water
+6	he 's also the inheritor of a comedic tradition dating back to `` Duck Soup	he 's currently a man in hot water
+11	quoted first in the Village Voice	he was a paid spokesman for the Rudolph Giuliani mayoral campaign
+10	and then in Newsweek	he and the campaign parted company
+2	that many Jewish voters feel guilty toward blacks	they support black candidates uncritically
+2	that many black voters feel bitter about racial discrimination	they , too , support black candidates uncritically
+6	He said Jews were `` sick with complexes	he called David Dinkins , Mr. Giuliani 's black opponent , `` a fancy shvartze with a mustache
+3	would the water be quite so hot	Mr. Mason had used less derogatory language to articulate his amateur analysis of the voting behavior of his fellow New Yorkers
+2	It probably would	few or none of the people upset by Mr. Mason 's remarks have bothered to distinguish between the substance of his comments and the fact that he used insulting language
+6	because few or none of the people upset by Mr. Mason 's remarks have bothered to distinguish between the substance of his comments and the fact that he used insulting language	some of Mr. Mason 's critics have implied that his type of ethnic humor is itself a form of racism
+7	In addition , some of Mr. Mason 's critics have implied that his type of ethnic humor is itself a form of racism	the New York state counsel for the NAACP said that Mr. Mason is `` like a dinosaur.People are fast leaving the place where he is stuck
+6	The latter typically is the humor of the underdog	it was perfected by both blacks and Jews on the minstrel and vaudeville stage as a means of mocking their white and gentile audiences along with themselves
+1	In the hands of a zealot like Lenny Bruce , this double-edged blade could cut both the self and the audience to ribbons	wielded by a pro like Jackie Mason , it is a constructive form of mischief
+2	Why constructive	despite all the media prattle about comedy and politics not mixing , they are similar in one respect : Both can serve as mechanisms for easing tensions and facilitating the co-existence of groups in conflict
+3	Perhaps intolerance would not boil over with such intensity	honest differences were allowed to simmer
+3	group conflicts still exist	what other means do we have for letting off steam
+8	if group conflicts still exist	if Mr. Mason 's type of ethnic humor is passe
+3	Mr. Mason 's type of ethnic humor is passe	and what other means do we have for letting off steam
+2	Do n't say the TV sitcom	that happens to be a genre that , in its desperate need to attract everybody and offend nobody , resembles politics more than it does comedy
+1	that the best sitcoms do allow group differences to simmer : yuppies vs. blue-collar Bostonians in `` Cheers '' ; children vs. adults in `` The Cosby Show	these are not the differences that make headlines
+6	that the plot has entered the public domain	it has remained there
+1	Clearly , the question with `` Chicken Soup '' is not whether the pot will boil over	whether it will simmer at all
+7	To some extent , this tendency emerges whenever the show tries to enlighten us about ethnic stereotypes by reversing them	Michael dislikes Jackie not because he 's a shrewd Jewish businessman , but because he quits his well-paying job as a salesman in order to become a social worker
+2	For instance , Michael dislikes Jackie	he 's a shrewd Jewish businessman
+1	not because he 's a shrewd Jewish businessman	because he quits his well-paying job as a salesman in order to become a social worker
+2	For instance , Michael dislikes Jackie	but he quits his well-paying job as a salesman in order to become a social worker
+1	The best moments in the show occur at the beginning and the end ( and occasionally in the middle ) , when Mr. Mason slips into his standup mode and starts meting out that old-fashioned Jewish mischief to other people as well as to himself	too often , these routines lack spark
+2	But too often , these routines lack spark	this sitcom , like all sitcoms , is timid about confronting Mr. Mason 's stock in trade-ethnic differences
+10	That issue , like racial tensions in New York City , will have to cool down , not heat up	it can simmer
+1	I 'm not suggesting that the producers start putting together episodes about topics like the Catholic-Jewish dispute over the Carmelite convent at Auschwitz	I am suggesting that they stop requiring Mr. Mason to interrupt his classic shtik with some line about `` caring for other people '' that would sound shmaltzy on the lips of Miss America
+6	The economy remains well-balanced	the outlook is for continued moderate growth
+1	Lawmakers drastically streamlined the bill to blunt criticism that it was bloated with special-interest tax breaks and spending increases	that other bills would soon be moving through Congress that could carry some of the measures that had been cast aside , including a capital-gains tax cut
+6	that other bills would soon be moving through Congress that could carry some of the measures that had been cast aside , including a capital-gains tax cut	the companion deficit-reduction bill already passed by the House includes a capital-gains provision
+1	No one can predict exactly what will happen on the House side	I believe Republicans and Democrats will work together to get capital-gains reform this year
+3	that will help a great deal	that 's the signal that comes from the White House
+8	he was `` confident '' that any House-Senate agreement on the deficit-reduction legislation would n't include a capital-gains tax cut	there are n't any `` plans to produce another tax bill that could carry a gains tax cut this year
+2	President Bush has until midnight tonight to enact across-the-board spending cuts mandated by the Gramm-Rudman deficit-reduction law	the legislation has n't been completed
+0	it is uncertain whether a clean bill can be achieved in the upcoming conference with the Senate	I am encouraged by the Senate action
+1	He has been resisting a stripped-down bill without a guaranteed vote on his capital-gains tax cut	Republican senators saw no way to overcome a procedural hurdle and garner the 60 votes needed to win the capital-gains issue on the floor , so they went ahead with the streamlined bill
+2	But Republican senators saw no way to overcome a procedural hurdle and garner the 60 votes needed to win the capital-gains issue on the floor	they went ahead with the streamlined bill
+6	The Senate bill was stripped of many popular , though revenue-losing , provisions	missing from the Senate bill is the House 's repeal of a law that compels companies to give rank-and-file workers comparable health benefits to top paid executives
+2	but was cut out	it lost money
+6	To the delight of some doctors , the bill dropped a plan passed by the Finance Committee that would have overhauled the entire physician-reimbursement system under Medicare	To the detriment of many low-income people , efforts to boost Medicaid funding , especially in rural areas were stricken
+2	It worked	there were no exceptions
+6	To the detriment of many low-income people , efforts to boost Medicaid funding , especially in rural areas , also were stricken	The Senate dropped a plan by its Finance Committee that would have increased the income threshold beyond which senior citizens have their Social Security benefits reduced
+6	The Senate bill was stripped of many popular , though revenue-losing , provisions , a number of which are included in the House-passed bill.These include a child-care initiative and extensions of soon-to-expire tax breaks for low-income housing and research-and-development expenditures.Also missing from the Senate bill is the House 's repeal of a law , called Section 89 , that compels companies to give rank-and-file workers comparable health benefits to top paid executives . One high-profile provision that was originally in the Senate bill but was cut out because it lost money was the proposal by Chairman Lloyd Bentsen ( D. , Texas ) of the Senate Finance Committee to expand the deduction for individual retirement accounts.Mr . Bentsen said he hopes the Senate will consider that measure soon . To the delight of some doctors , the bill dropped a plan passed by the Finance Committee that would have overhauled the entire physician-reimbursement system under Medicare.To the detriment of many low-income people , efforts to boost Medicaid funding , especially in rural areas , also were stricken The Senate also dropped a plan by its Finance Committee that would have increased the income threshold beyond which senior citizens have their Social Security benefits reduced	the bill dropped a plan to make permanent a 3 % excise tax on long-distance telephone calls
+6	It no longer includes a plan that would have repealed what remains of the completed-contract method of accounting	It drops a provision that would have permitted corporations to use excess pension funds to pay health benefits for current retirees
+6	It also drops a provision that would have permitted corporations to use excess pension funds to pay health benefits for current retirees	stricken was a fivefold increase in the maximum Occupational Safety and Health Administration penalties
+10	Mr. Mitchell 's relations with Budget Director Darman have been strained	Mr. Darman chose to bypass the Maine Democrat and deal with other lawmakers earlier this year during a dispute over drug funding in the fiscal 1989 supplemental spending bill
+2	Mr. Mitchell 's relations with Budget Director Darman have been strained	Mr. Darman chose to bypass the Maine Democrat and deal with other lawmakers earlier this year during a dispute over drug funding in the fiscal 1989 supplemental spending bill
+3	The measure repeals a 50 % exclusion given to banks on the interest from loans used to acquire securities for an ESOP	the ESOP owns less than 30 % of the employer 's stock
+6	The deficit reduction bill contains $ 5.3 billion in tax increases in fiscal 1990 , and $ 26 billion over five years	The measure includes spending cuts and increases in federal fees
+10	My unemployment insurance ran out	I found a job
+4	do n't worry	you 're getting laid off
+6	if you 're getting laid off do n't worry	if you 're unemployed , it 's a seller 's market
+4	and it 's a seller 's market	you 're unemployed
+11	Wall Street suffered another severe attack of nerves	it seemed safe to go back into stocks
+5	Does this signal another Black Monday is coming	is this an extraordinary buying opportunity , just like Oct. 19 , 1987 , eventually turned out to be
+8	what happens next	what investors should do
+1	Well , in some ways it is different	technically it is just the same
+3	you obey the signals	you 're a technician
+10	he would n't even think of buying	at least 600 to 700 stocks have hit 52-week lows
+2	Now , as in those two years , her stock market indicators are positive	she thinks the damage will be short-lived and contained
+2	Those corrections lasted one to four weeks and took the market 10 % -12 % down This is exactly the same thing , as far as I 'm concerned	if the Dow Jones Industrial Average dropped below 2450 , `` It would just be a fluke
+3	Thus It would just be a fluke	the Dow Jones Industrial Average dropped below 2450
+1	Friday 's fall marks the start of a bear market	he expects no 1987-style crash
+3	Today could even be an up day	major brokerage firms agree to refrain from program trading
+1	Today could even be an up day if major brokerage firms agree to refrain from program trading	Over the next several months things look bad
+10	We will probably have a year-end rally	and go down again
+1	Mr. Cooperman sees this as a good time to pick up bargains	he does n't think there 's any need to rush
+0	the market to open weaker Monday	then it should find some stability
+10	the market to open weaker Monday	but it should find some stability
+8	Unlike 1987 , interest rates have been falling this year Unlike 1987 , the dollar has been strong	unlike 1987 , the economy does n't appear to be in any danger of overheating
+1	And unlike 1987 , the economy does n't appear to be in any danger of overheating	the economy 's slower growth this year also means the outlook for corporate profits `` is n't good
+6	Unlike 1987 , interest rates have been falling this year Unlike 1987 , the dollar has been strong And unlike 1987 , the economy does n't appear to be in any danger of overheating	But the economy 's slower growth this year means the outlook for corporate profits `` is n't good
+2	Unlike 1987 , interest rates have been falling this year.Unlike 1987 , the dollar has been strong.And unlike 1987 , the economy does n't appear to be in any danger of overheating . But the economy 's slower growth this year also means the outlook for corporate profits `` is n't good	it 's a very mixed bag
+2	But the economy 's slower growth this year also means the outlook for corporate profits `` is n't good	This is not a good environment to be fully invested '' in stocks
+3	I would not do any buying	I had come into Friday on margin or with very little cash in the portfolios
+1	If I had come into Friday on margin or with very little cash in the portfolios , I would not do any buying	we came into Friday with a conservative portfolio , so I would look to do some modest buying '' on behalf of clients
+2	But we came into Friday with a conservative portfolio	I would look to do some modest buying '' on behalf of clients
+0	This has both made investors uneasy and the corporations more vulnerable	a depression does n't appear likely
+0	It takes more error now to have a major depression than back in the Thirties	the financial community and the government may try
+2	These sorts of takeovers do n't require junk bonds or big bank loans to finance them	Mr. Gabelli figures they will continue
+10	The market was up 35 %	{ President } Bush took office
+2	The market was up 35 % since { President } Bush took office	a correction was to be expected
+6	He thinks another crash is `` unlikely	says he was `` nibbling at '' selected stocks during Friday 's plunge
+2	He thinks another crash is `` unlikely	says he was `` nibbling at '' selected stocks during Friday 's plunge
+10	Dealers `` would give you a quote	but refuse to make the trade
+3	that will add to inflationary pressures in the U.S. and make it hard for the Federal Reserve Board to ease interest rates very much	the dollar stays weak
+10	Mr. Rogers wo n't decide what to do today	he sees how the London and Tokyo markets go
+3	That could quiet things down	it promptly cuts the discount rate it charges on loans to banks
+3	We could go to 2200 very soon	not
+10	Stock prices `` would still have to go down some additional amount	we become positive on stocks
+2	Renaissance drew stiff criticism from many clients earlier this year	it pulled entirely out of stocks at the beginning of the year and thus missed a strong rally
+2	because it pulled entirely out of stocks at the beginning of the year	and missed a strong rally
+11	I heard him speak those lovely words about the Bill of Rights	I watched him on C-Span
+11	How was that practice referred to	I was in school
+4	He 's right about his subcommittee 's responsibilities	it comes to obtaining information from prior HUD officials
+1	He 's right about his subcommittee 's responsibilities when it comes to obtaining information from prior HUD officials	if his explanation of motivation is true , why is his investigation so oriented as to identify criminal activity
+3	But why is his investigation so oriented as to identify criminal activity	his explanation of motivation is true
+11	Such as , what happened	Congress wanted to know about $ 400 toilet seats or whatever they supposedly cost
+11	that took place	Mr. Pierce was secretary of HUD
+6	but the attempt by Congress to enhance itself into a quasi-parliamentary/judicial body	that seeks the same objective
+11	that we 've got trouble	such slapping does n't occur
+3	that we 've got trouble	such slapping does n't occur
+1	I do not by any means defend HUD management	I think the kind of congressional investigation that has been pursued is a far greater danger to American notions of liberty and freedom than any incompetency ( and , yes , maybe criminality ) within HUD could possibly generate
+2	This privilege against self-incrimination precludes the drawing of an adverse inference against a criminal defendant who chooses not to testify	in a criminal case , a prosecutor can not comment on a defendant 's failure to testify nor can the defendant be compelled to take the stand as a witness , thus forcing him to `` take the Fifth
+6	Thus , in a criminal case , a prosecutor can not comment on a defendant 's failure to testify	can the defendant be compelled to take the stand as a witness
+2	nor can the defendant be compelled to take the stand as a witness	forcing him to `` take the Fifth
+1	The Fifth Amendment states in relevant part that no person `` shall be compelled , in any criminal case , to be a witness against himself	The privilege has been limited in accordance with its plain language to protect the defendant in criminal matters only
+9	The privilege , however , has been limited in accordance with its plain language to protect the defendant in criminal matters only	The Supreme Court and some states have recognized that `` the ÕFifthå Amendment does not preclude the inference where the privilege is claimed by a party to a civil cause
+2	that `` the ÕFifthå Amendment does not preclude the inference where the privilege is claimed by a party to a civil cause . '' Baxter v.Palmingiano , 425 U.S. 308 ( 1976 )	in a civil case , a defendant may be called as a witness , he may be forced to testify or take the Fifth , and his taking of the Fifth may permit the drawing of an adverse inference against him in the civil matter
+6	Thus , in a civil case , a defendant may be called as a witness , he may be forced to testify or take the Fifth	his taking of the Fifth may permit the drawing of an adverse inference against him in the civil matter
+3	He may take the Fifth in a civil matter	he has a good faith and justifiable belief that his testimony may subject him to criminal prosecution
+1	Allowing the defendant to take the Fifth in a civil matter is not based on a constitutional right to refuse to testify where one 's testimony harms him in the civil matter	because the testimony in the civil matter could be unconstitutionally used against him in a subsequent criminal prosecution
+2	Allowing the defendant to take the Fifth in a civil matter	but the testimony in the civil matter could be unconstitutionally used against him in a subsequent criminal prosecution
+2	He may take the Fifth in a civil matter only if he has a good faith and justifiable belief that his testimony may subject him to criminal prosecution	when Mr. Pierce asserted the Fifth in a noncriminal proceeding , particularly after presumably receiving extensive advice from legal counsel , one must conclude that he held a good-faith , justifiable belief that his testimony could be used against him in a subsequent criminal prosecution
+10	that he held a good-faith , justifiable belief that his testimony could be used against him in a subsequent criminal prosecution	Mr. Pierce asserted the Fifth in a noncriminal proceeding
+10	when Mr. Pierce asserted the Fifth in a noncriminal proceeding	presumably receiving extensive advice from legal counsel
+6	to draw the adverse inference	to concur with Mr. Pierce 's own belief that his testimony could help convict him of a crime
+6	It was Friday the 13th	the stock market plummeted nearly 200 points
+5	Just a coincidence	is triskaidekaphobia -- fear of the number 13 -- justified
+1	Robert Kolb and Ricardo Rodriguez , professors of finance at the University of Miami , found evidence that the market is spooked by Friday the 13th	their study , which spanned the 1962-85 period , has since been shown to be jinxed by an unlucky choice of data
+1	In the '70s , the market took falls nine times in a row on Friday the you-know-what	the date tends to be a plus , not a minus , for stocks , according to Yale Hirsch , a collector of stock market lore
+11	that some phone calls to market makers in over-the-counter stocks went unanswered	stock prices plummeted and trading activity escalated
+6	as stock prices plummeted	trading activity escalated
+0	Nasdaq stocks sank far less than those on the New York and American exchanges	the Nasdaq Composite Index suffered its biggest point decline of the year and its sixth worst ever , diving 14.90 , or 3 % , to 467.29
+1	diving 14.90 , or 3 % , to 467.29	the New York Stock Exchange Composite tumbled 5.8 % Friday and the American Stock Exchange Composite fell 4 %
+8	By comparison , the New York Stock Exchange Composite tumbled 5.8 % Friday	the American Stock Exchange Composite fell 4 %
+2	There was n't a lot of volume	it was just impossible to get stock moved
+1	that his company executed every order it received by the close of trading	you can only take one call at a time
+11	to maintain orderly trading	imbalances occur
+3	to maintain orderly trading	imbalances occur
+11	they must buy shares from sellers	no one else is willing to
+3	they must buy shares from sellers	no one else is willing to
+11	prices fall steeply and fast	selling is so frenzied
+3	prices fall steeply and fast	selling is so frenzied
+1	On Friday , some market makers were selling again	with profits sagging on Wall Street since the crash , companies have kept smaller share stockpiles on hand
+2	some prices fell without trades taking place	market makers kept dropping the prices at which they would buy shares
+2	some prices fell without trades taking place	the damage was n't as bad as it was in 1987
+0	So the damage was n't as bad as it was in 1987	OTC companies incurred losses on Friday
+6	Two years ago we were carrying huge inventories	that was the big culprit
+1	that despite the rush of selling , he never considered the situation an `` emergency	the shock of another steep plunge in stock prices undoubtedly will shake many investors ' confidence
+2	traders and OTC market officials hope the damage wo n't be permanent	Nasdaq 's trading volume has n't returned to pre-crash levels
+1	traders and OTC market officials hope the damage wo n't be permanent	they are worried
+1	The sellers on Friday came from all corners of the OTC market -- big and small institutional investors , as well as individual investors and market makers	the sell orders generally ranged from 20,000 shares to 50,000 shares , compared with blocks of 500,000 shares or more two years ago
+3	some of them put the shares back on the shelf	they could n't sell
+6	If they could n't sell , some of them put the shares back on the shelf	some bigger institutional investors placed bids to buy some OTC stocks whose prices were beaten down
+6	retail investors nervously sold stock Friday and never returned to bargain-hunt Institutional investors were calmer	computer-guided program selling of OTC stocks in the Russell Index of 2000 small stocks and the Standard & Poor 's 500-stock Index sent occasional `` waves `` through the market
+1	The OTC market has only a handful of takeover-related stocks	they fell sharply
+7	But they fell sharply	McCaw Cellular Communications has offered to buy LIN Broadcasting as well as Metromedia 's New York City cellular telephone interests , and in a separate transaction , sell certain McCaw properties to Contel Cellular.McCaw lost 8 % , or 3 1/2 , to 40.LIN Broadcasting , dropped 5 1/2 , or 5 % , to 107 1/2
+6	Nasdaq 's biggest stocks were hammered But they fell sharply	The issues of companies with ties to the junk bond market tumbled Friday
+8	Among other OTC issues , Intel , dropped 2 1/8 to 33 7/8 ; Laidlaw Transportation lost 1 1/8 to 19 1/2 ; the American depositary receipts of Jaguar were off 1/4 to 10 1/4 ; MCI Communications slipped 2 1/4 to 43 1/2 ; Apple Computer fell 3 to 45 3/4	Nike dropped 2 1/4 to 66 3/4
+6	they began scooping up stocks during Friday 's market rout	they plan to buy more today
+3	To be sure , big investors might put away their checkbooks in a hurry	stocks open sharply lower today
+1	They could still panic and bail out of the market	their 1987 performance indicates that they wo n't abandon stocks unless conditions get far worse
+5	that they wo n't abandon stocks	conditions get far worse
+11	for going out and buying stocks	the panic was the worst
+3	to invest the rest	the market weakens further
+10	Denver-based portfolio manager James Craig was n't daunted	Friday 's rout shaved $ 40 million from the value of the $ 752 million Janus Fund he oversees
+10	I waited to make sure all the program trades had kicked through	he jumped into the market
+6	I spent $ 30 million in the last half-hour	Other money managers opened their wallets
+6	I was buying at the close ( Friday )	I 'll be buying again
+2	I was buying at the close ( Friday ) and I 'll be buying again	I know we 're getting good value
+10	which can be forced to sell stockholdings	investors rush to withdraw money
+3	which can be forced to sell stockholdings	investors rush to withdraw money
+2	Most often , they do just that	stocks have proved to be the best-performing long-term investment
+3	you did very very well off the bottom	you bought after the crash
+6	that they have to be long-term holders	that they ca n't react to short-term events , good or bad
+2	Those that pulled out ( of stocks ) regretted it	I doubt you 'll see any significant changes '' in institutional portfolios as a result of Friday 's decline
+1	You could go down 400 points	and have a good year in the market
+1	You could go down 400 points and still have a good year in the market , '' said James D. Awad , president of New York-based BMI Capital Corp	Mr. Awad worries that the market `` could go down 800 or 900 points in the next few days
+10	It can happen	you can turn around
+2	In its severest test , the $ 60 billion of portfolio insurance in effect in the 1987 crash did n't work	stock buyers disappeared and stock and futures prices became disconnected
+6	as stock buyers disappeared	stock and futures prices became disconnected
+2	as stock buyers disappeared	stock and futures prices became disconnected
+10	who declined the offers	chalked up
+10	stocks will appear to stabilize in the next few days	declining again
+11	Even without portfolio insurance , market conditions were grim Friday	Friday brought a reprieve for money managers whose investment styles had put them at odds with the market rally
+1	Even without portfolio insurance , market conditions were grim Friday	Friday brought a reprieve for money managers whose investment styles had put them at odds with the market rally
+10	The shorts sell borrowed shares	by replacing them at a lower price
+1	We 're not making a killing	we had a good day
+6	Food and Drug Administration spokesman Jeff Nesbit said the agency has turned over evidence in a criminal investigation concerning Vitarine Pharmaceuticals Inc. to the U.S. Attorney 's office in Baltimore	Mr. Nesbit said the FDA has asked Bolar Pharmaceutical Co. to recall at the retail level its urinary tract antibiotic
+1	the FDA has asked Bolar Pharmaceutical Co. to recall at the retail level its urinary tract antibiotic	so far the company has n't complied with that request
+10	Bolar , the subject of a criminal investigation by the FDA and the Inspector General 's office of the Health and Human Services Department , only agreed to recall two strengths of its version of Macrodantin `` as far down as direct customers , mostly wholesalers	Bolar , of Copiague , N.Y began a voluntary recall of both its 100 milligram and 50 milligram versions of the drug
+2	The eventual court decision could become a landmark in Dutch corporate law	the lawsuit ASKO plans to file would be the first to challenge the entire principle and practice of companies issuing voting preferred shares to management-controlled trusts to dilute voting power of common stockholders
+10	Should the courts uphold the validity of this type of defense	ASKO will ask the court to overturn such a vote-diluting maneuver recently deployed by Koninklijke Ahold NV
+2	to issue preferred stock to a friendly trust	and dilute the worth and voting power of ASKO and other shareholders
+6	Should the courts uphold the validity of this type of defense , ASKO will then ask the court to overturn such a vote-diluting maneuver recently deployed by Koninklijke Ahold NV	ASKO disclosed it holds a 15 % stake in Ahold
+10	ASKO also disclosed it holds a 15 % stake in Ahold	It was thought ASKO held a 13.6 % stake that was accumulated since July
+1	Chase Manhattan Bank Chairman Willard Butcher is a conservative banker and a loyal Republican	on Friday morning he had few kind words for President Bush 's economic policy-making
+1	I 'd like to see that initiative	I have n't
+1	Politicians tried to finger each other for the blame	many analysts doubt that Washington was singly responsible for Wall Street 's woes
+1	although many analysts doubt that Washington was singly responsible for Wall Street 's woes	Mr. Butcher 's comments make one thing clear : Some on Wall Street wonder if anyone is in charge of economic policy
+2	The cuts are necessary	Congress and the administration have failed to reach agreement on a deficit-cutting bill
+1	Last month , Transportation Secretary Sam Skinner forced Northwest Airlines to reduce a stake held by KLM Royal Dutch Airlines	he has since run into opposition from the Treasury and the White House over that decision
+6	But he has since run into opposition from the Treasury and the White House over that decision	he has kept mum on how his decision might affect a bid for United Airlines
+8	Then , as now , the budget debate was behind schedule	automatic spending cuts were within days of taking hold
+0	The Treasury was locked in a battle over international economic policy	at that time it was with West German officials rather than the Federal Reserve
+8	Then , as now , the budget debate was behind schedule and automatic spending cuts were within days of taking hold.The Treasury was locked in a battle over international economic policy , although at that time it was with West German officials rather than the Federal Reserve	concern about official actions aimed at takeovers -- then by the tax-writing House Ways and Means Committee rather than the Transportation Department -- were making markets nervous
+1	to reduce the deficit by more than $ 76 billion	the deficit actually rose by nearly $ 12 billion during that period
+1	The 1987 crash brought the Reagan administration and Democratic lawmakers to the table for the first budget summit , resulting in a two-year plan to reduce the deficit by more than $ 76 billion	barring further drops in the market this week , a similar outcome does n't seem likely this year
+1	One of the biggest reasons that new talks are n't likely to come about is that , as everyone learned in 1987 , the economy and the market can survive a one-day 508-point tumble	administration officials privately agree with Mr. Panetta , who said a precipitous drop this week `` is going to force the president and Congress to take a much harder look at fiscal policy
+6	There is an underlying concern on the part of the American people	there should be
+6	that the administration has not gone far enough in cutting this deficit	that Congress has been unwilling to cut what the administration asked us to cut
+2	There is no prospect of any so-called grand compromise or deal next year	the administration simply did n't live up to this year 's deal
+10	Oregon Sen. Bob Packwood , the ranking GOP member of the tax-writing Senate Finance Committee , hailed it	an agreement was reached to strip capital gains from the legislation
+6	The market needs a strong signal that we 're serious about deficit reduction	the best way to do that is for the House of Representatives to strip their bill '' of similar provisions
+2	The market needs a strong signal that we 're serious about deficit reduction	the best way to do that is for the House of Representatives to strip their bill '' of similar provisions
+1	that the House-passed deficit-reduction measure would cut the fiscal 1990 shortfall by $ 6.2 billion , almost half of the Congressional Budget Office 's estimate of $ 11.0 billion	that OMB 's figure would be enough to avoid permanent across-the-board cuts
+1	that OMB 's figure would still be enough to avoid permanent across-the-board cuts	We 're getting very close to the margins here
+1	No one in Washington was willing to take the blame for provoking Friday 's drop in the stock market	some players were quick to seize the moment
+10	Richard Rahn , the supply-side chief economist of the U.S. Chamber of Commerce , issued a statement attributing the drop in stock prices to the Senate decision to postpone action on capital gains	the sun had set on Friday
+1	There have been many preposterous reasons advanced to support a capital-gains tax cut	I suggest that is perhaps more than any of the others
+1	Small investors matched their big institutional brethren in anxiety over the weekend	most seemed to be taking a philosophical approach and said they were resigned to riding out the latest storm in the stock market
+11	I 'm not losing faith in the market , '' said Boston lawyer Christopher Sullivan	he watched the market plunge on a big screen in front of a brokerage firm
+1	I 'm not losing faith in the market	he 's not so sure about everyone else
+6	I think on Monday the small ( investors ) are going to panic and sell	I think institutions are going to come in and buy
+3	I 'll take a big loss	I sell now
+10	that had been rewarded	they did n't flee the market in 1987
+2	that had been rewarded	they did n't flee the market in 1987
+1	her Ashwood Investment Club 's portfolio lost about one-third of its value following the Black Monday crash	no one got discouraged , and we gained that back -- and more
+6	but no one got discouraged	we gained that back -- and more
+11	Some 500 investors representing investor clubs from around the U.S. were attending	the market started to slide Friday
+1	Some 500 investors representing investor clubs from around the U.S. were attending when the market started to slide Friday	no special bulletins or emergency meetings of the investors ' clubs are planned
+9	no special bulletins or emergency meetings of the investors ' clubs are planned	some of the association 's members -- long-term , buy-and-hold investors -- welcomed the drop in prices
+3	to buy	the prices drop to the level he wants
+1	In fact , some of the association 's members -- long-term , buy-and-hold investors -- welcomed the drop in prices	Not everyone is reacting so calmly
+6	Not everyone is reacting so calmly , however	many wonder about the long-term implications of what is widely viewed as the cause of Friday 's slide , reluctance by banks to provide financing for a buy-out of UAL Corp. , parent of United Airlines
+1	the market drop is one of `` a tremendous number of signs that the leveraged take-out era is ending	that the market could be stabilized if California investor Marvin Davis steps back in to the United bidding with an offer of $ 275 a share
+3	that the market could be stabilized	California investor Marvin Davis steps back in to the United bidding with an offer of $ 275 a share
+1	that the market rises	there 's no foundation to it
+1	She and her husband pulled most of their investments out of the market after the 1987 crash	she still owns some Texaco stock
+2	at this point we want to be a lot more liquid	Partly because of concern about the economy and she recently quit her job as a legal assistant to go to school
+11	and , to his regret , never went back	the market soared
+10	to buy in	the panic wears off
+1	This time he 's ready to buy in `` when the panic wears off	We ca n't have this kind of thing happen very often
+10	the big guys hurt badly	the little guy gets frightened
+1	Small investors matched their big institutional brethren in anxiety over the weekend	it 's not only the stock market that has some small investors worried
+1	he and his mother have some joint stock investments	the overall economy is his chief worry
+6	These high rollers took a big bath today	that a high roller is n't going to come in tomorrow and buy a Chrysler TC by Maserati
+2	These high rollers took a big bath today	that a high roller is n't going to come in tomorrow and buy a Chrysler TC by Maserati
+6	But it 's not only the stock market that has some small investors worried	finally , there were the gloaters
+6	and many wonder about the long-term implications of what is widely viewed as the cause of Friday 's slide , reluctance by banks to provide financing for a buy-out of UAL Corp. , parent of United Airlines Others wonder how many more of these shocks the small investor can stand	And there were the gloaters
+3	Once bitten , 2,000 times shy	it comes to money
+10	2,000 times shy	bitten
+6	One manufacturer already has produced a clipboard-sized computer called a notepad	two others have introduced even smaller `` palmtops
+1	One manufacturer already has produced a clipboard-sized computer called a notepad , and two others have introduced even smaller `` palmtops	those machines are still considered novelties , with keyboards only a munchkin could love and screens to match
+1	But those machines are still considered novelties , with keyboards only a munchkin could love and screens to match	Compaq 's notebooks may be the first in their weight class not to skimp on features found in much bigger machines
+6	they 're faster and carry more memory than anything else of their size on the market	they 're priced aggressively at $ 2,400 to $ 5,000
+6	that weigh approximately the same	that are called notebooks -- perhaps misleadingly
+1	At 4 1/2 pounds , it may be too ambitiously named	it nevertheless opens up the kind of marketing possibilities that make analysts froth
+1	Atari Corp. 's Portfolio , introduced in Europe two months ago and in the U.S. in early September , weighs less than a pound , costs a mere $ 400 and runs on three AA batteries	has the power to run some spreadsheets and word processing programs
+1	Atari Corp. 's Portfolio weighs less than a pound , costs a mere $ 400 and runs on three AA batteries , yet has the power to run some spreadsheets and word processing programs	Some critics say its ability to run commonplace programs is restricted by a limited memory
+11	Atari Corp. 's Portfolio , introduced in Europe two months ago and in the U.S. in early September , weighs less than a pound , costs a mere $ 400 and runs on three AA batteries , yet has the power to run some spreadsheets and word processing programs its ability to run commonplace programs is restricted by a limited memory	Poquet Computer Corp has introduced a much more sophisticated palmtop that can run Lotus 1-2-3 and other sophisticated software programs , but costs five times as much
+6	Atari Corp. 's Portfolio , introduced in Europe two months ago and in the U.S. in early September , weighs less than a pound , costs a mere $ 400 and runs on three AA batteries , yet has the power to run some spreadsheets and word processing programs its ability to run commonplace programs is restricted by a limited memory	Poquet Computer Corp has introduced a much more sophisticated palmtop that can run Lotus 1-2-3 and other sophisticated software programs , but costs five times as much
+1	Laptops -- generally anything under 15 pounds -- have become the fastest-growing personal computer segment	Responding to that demand has led to a variety of compromises
+6	Making computers smaller often means sacrificing memory	It has precluded use of the faster , more powerful microprocessors found in increasing numbers of desktop machines
+6	It also has precluded use of the faster , more powerful microprocessors found in increasing numbers of desktop machines	Size and weight considerations have limited screen displays
+7	The competitive sniping can get pretty petty at times	A Poquet spokesman criticizes the Atari Portfolio because it requires three batteries while the Poquet needs only two
+2	A Poquet spokesman , for example , criticizes the Atari Portfolio	it requires three batteries while the Poquet needs only two
+1	because it requires three batteries	the Poquet needs only two
+6	who argue that they 're too small	Poquet encountered in focus groups
+1	which introduced in June a computer that , like Compaq 's , uses an Intel 286 microprocessor and has a hard disk drive	the Dynabook product is twice as heavy and costs more than Compaq 's
+6	Compaq 's new machines are considered a direct threat to start-up firms like Dynabook Inc	Compaq 's announcement spells trouble for Zenith
+2	that could slip	it is pegged to Zenith 's share and sales
+1	that Zenith 's $ 2,000 MinisPort uses an `` unconventional '' two-inch floppy disk	Compaq 's new machines use the more common 3 1/2-inch disk
+11	that 3 1/2-inch floppies were also `` unconventional	they first replaced five-inch disks
+1	Others undoubtedly will follow	Compaq has at least a six-month lead on the competition
+7	Compaq has at least a six-month lead on the competition	Toshiba 's line of portables features the T-1000 , which is in the same weight class but is much slower and has less memory , and the T-1600 , which also uses a 286 microprocessor , but which weighs almost twice as much and is three times the size
+6	that , like Compaq 's , uses an Intel 286 microprocessor	which uses a 286 microprocessor
+1	which also uses a 286 microprocessor	which weighs almost twice as much and is three times the size
+1	A third model , marketed in Japan , may hit the U.S. by the end of the first quarter of 1990	by then Compaq will have established itself as one of three major players
+10	A third model , marketed in Japan , may hit the U.S. by the end of the first quarter of 1990	but Compaq will have established itself as one of three major players
+6	Stocks of utilities held up relatively better than other market sectors during the sell-off	among the issues hitting new highs were Detroit Edison Co. and Niagara Mohawk Power Corp
+11	Twenty-four New York Stock Exchange issues hit 52-week highs during Friday 's trading , despite the Dow Jones Industrial Average 's 190.58-point plunge Of course , many more issues -- 93 -- hit new lows	two initial public offerings braved the cascading market in their maiden day of national over-the-counter trading Friday
+10	it had discussed the possibility of a joint venture with Jaguar	Ford began buying shares
+2	That 's	their brokers can require them to sell some shares or put up more cash to enhance the collateral backing their loans
+10	Typically , a margin call occurs	the price of a stock falls below 75 % of its original value
+3	the brokerage firm may begin liquidating the securities	the investor does n't put up the extra cash to satisfy the call
+1	If the investor does n't put up the extra cash to satisfy the call , the brokerage firm may begin liquidating the securities	they do n't expect major problems as a result of margin calls
+2	Merrill Lynch & Co. officials `` do n't expect { margin calls } to be as big a factor as in 1987	fewer individual investors are buying stock on margin
+2	Schwab had increased margin requirements	customers have more of a cushion
+1	it wo n't renew contracts with NWA Inc. 's Northwest Airlines unit , Pan Am Corp. 's Pan American World Airways unit and Midway Airlines at the end of this year	it remains involved in programs with AMR Corp. 's American Airlines unit and Delta Air Lines
+1	A spokesman for Avis would n't specify the costs	said the three airlines being dropped account for `` far less than half '' of the total
+9	they had no plans to follow suit	it saw some benefit to staying involved in these programs
+8	in which renters earn frequent-flier miles	fliers can get car-rental discounts
+6	Northwest and Midway are two of the five airlines with which Budget has agreements	National participates in the Northwest frequent-flier program along with four other airlines , including Delta and USAir Group Inc. 's USAir unit
+6	that it would drop its marketing agreements at year end with Delta , America West and Texas Air Corp. 's Continental Airlines and Eastern Airlines	that pacts with American Airlines , UAL Inc 's United Airlines and USAir also would be ended . . . sometime after Dec. 31
+6	that it would drop its marketing agreements at year end with Delta , America West and Texas Air Corp. 's Continental Airlines and Eastern Airlines	and that pacts with American Airlines , UAL Inc 's United Airlines and USAir would be ended . . . sometime after Dec. 31
+6	At the time its annual fees to those airlines amounted to $ 20 million	that the value of redeemed awards topped $ 15 million
+1	At the time , Hertz said its annual fees to those airlines amounted to $ 20 million and that the value of redeemed awards topped $ 15 million	Analysts and competitors doubt the numbers were that high
+6	They 've been looking to get their costs down	this is a fairly sensible way to do it
+6	I have every intention of making this the best possible show	having it run one hour is the best way to it
+6	CBS will continue to program action-adventure shows to follow the Sajak hour	CBS News will extend its four-hour `` Nightwatch '' by 30 minutes and begin at 1:30 a.m
+3	I 'd be disappointed	the company grew by less than 20 % next year
+1	Obviously IBM can give bigger discounts to users immediately	Mr. Treybig questions whether that will be enough to stop Tandem 's first mainframe from taking on some of the functions that large organizations previously sought from Big Blue 's machines
+6	It is forcing the Federal Reserve to ease its grip on credit	it took the wind out of a previously irrepressible dollar
+10	by all tradition , the economy followed	it went down
+2	That has changed	the two years following the worst stock-market plunge in history have been reasonably comfortable
+6	Its spasms ca n't be traced to fundamental business conditions	do they appear to presage major shifts in the economy
+3	Of course , the health of the economy will be threatened	the market continues to dive this week
+1	the U.S. economy is weaker	the stock market is far less overvalued today than two years ago
+1	Of course , the health of the economy will be threatened if the market continues to dive this week	if the stock market does n't continue to plummet , the beneficial effects of lower interest rates and a lower dollar may well dominate
+3	But the beneficial effects of lower interest rates and a lower dollar may well dominate	the stock market does n't continue to plummet
+3	to pour money into the economy	needed to soothe the markets
+1	Fed officials may protest that this does n't necessarily mean a fundamental change in their interest-rate policies	the Fed is likely to bring down short-term interest rates in its effort to calm markets
+6	money traders lowered a key interest rate known as the Federal Funds rate to 8.625 % late Friday , down from 8.820 % the day before	The dollar began to decline Friday as the stock market 's plunge caused some investors to reassess their desire to invest in the U.S
+2	The dollar also began to decline Friday	the stock market 's plunge caused some investors to reassess their desire to invest in the U.S
+11	The dollar also began to decline Friday	the stock market 's plunge caused some investors to reassess their desire to invest in the U.S
+3	Today exports and business investment spending may be insufficient to pick up the slack	stock prices sink this week
+6	if stock prices sink this week	if consumers retrench in reaction
+3	Today exports and business investment spending may be insufficient to pick up the slack	and consumers retrench in reaction
+2	The Fed , of course , knows that very well	its readiness to pump credit into the economy this morning
+1	The Fed , of course , knows that very well -- hence its readiness to pump credit into the economy this morning	in the process , the Fed risks reigniting inflation
+1	In the end the economy does n't move in lockstep with stock prices	The economy does depend on the confidence of businesses , consumers and foreign investors
+1	A 190-point drop is n't likely to make much of a dent	multiply that a few times over and it will
+6	multiply that a few times over , though	it will
+3	business leaders were n't overly rattled by Friday 's decline	the reactions of executives gathered Saturday at Hot Springs , Va. , for the Business Council meetings are typical
+6	business leaders were n't overly rattled by Friday 's decline	if foreign investors become a tad more cautious -- well , the dollar 's recent strength suggests that the U.S. can stand it
+4	And well , the dollar 's recent strength suggests that the U.S. can stand it	foreign investors become a tad more cautious
+6	Producers of commodity chemicals , the basic chemicals produced in huge volumes for other manufacturers , have seen sharp inventory cutting by buyers	Once the chief beneficiaries of the industry 's now fading boom , these producers will be reporting against exceptionally strong performances in the 1988 third quarter
+1	the company still has a big stake in polyethylene	Dow has aggressively diversified into specialty chemicals and pharmaceuticals
+1	First Boston Corp. projects that 10 of the 15 companies it follows will report lower profit	some industry giants are expected to report continuing gains
+2	Still , some industry giants are expected to report continuing gains	so much of their business is outside commodity chemicals
+6	Du Pont Co. is thought to have had steady profit growth in white pigments , fibers and polymers	the Wilmington , Del. , company is helped when prices weaken on the commodity chemicals it buys for its own production needs , such as ethylene
+11	Moreover , the Wilmington , Del. , company is helped	prices weaken on the commodity chemicals it buys for its own production needs , such as ethylene
+3	Moreover , the Wilmington , Del. , company is helped	prices weaken on the commodity chemicals it buys for its own production needs , such as ethylene
+0	Monsanto Co. , too , is expected to continue reporting higher profit	its sales of crop chemicals were hurt in the latest quarter by drought in northern Europe and the western U.S
+1	Searle continued to operate in the red through the first half of the year	it expects Searle to post a profit for all of 1989
+1	Monsanto Co. , too , is expected to continue reporting higher profit	the commodity-chemical producers are caught on the downside of a pricing cycle
+1	which may presage firmer demand	growing production capacity could keep pressure on prices into the early 1990s
+11	Himont faces lower prices for its mainstay product , polypropylene	it goes forward with a heavy capital investment program to bolster its raw material supply and develop new uses for polypropylene
+2	Some analysts hedge their estimates for Quantum	it is n't known when the company will book certain one-time charges
+1	Some analysts hedge their estimates for Quantum	the estimates range from break-even to 35 cents a share
+10	The offering , Series 102 was priced	the market 's afternoon surge
+1	The principal-only securities pay the principal from the underlying Freddie Mac 8 % securities	the interest-only securities pay only interest