In/IN an/DT Oct./NNP 19/CD review/NN of/IN ``/`` The/DT Misanthrope/NN ''/'' at/IN Chicago/NNP 's/POS Goodman/NNP Theatre/NNP -LRB-/-LRB- ``/`` Revitalized/VBN Classics/NNS Take/VBP the/DT Stage/NN in/IN Windy/NNP City/NNP ,/, ''/'' Leisure/NN &/CC Arts/NNS -RRB-/-RRB- ,/, the/DT role/NN of/IN Celimene/NNP ,/, played/VBN by/IN Kim/NNP Cattrall/NNP ,/, was/VBD mistakenly/RB attributed/VBN to/TO Christina/NNP Haag/NNP ./. 
Ms./NNP Haag/NNP plays/VBZ Elianti/NNP ./. 
Rolls-Royce/NNP Motor/NNP Cars/NNPS Inc./NNP said/VBD it/PRP expects/VBZ its/PRP$ U.S./NNP sales/NNS to/TO remain/VB steady/JJ at/IN about/IN 1,200/CD cars/NNS in/IN 1990/CD ./. 
The/DT luxury/NN auto/NN maker/NN last/JJ year/NN sold/VBD 1,214/CD cars/NNS in/IN the/DT U.S./NNP 
Howard/NNP Mosher/NNP ,/, president/NN and/CC chief/JJ executive/NN officer/NN ,/, said/VBD he/PRP anticipates/VBZ growth/NN for/IN the/DT luxury/NN auto/NN maker/NN in/IN Britain/NNP and/CC Europe/NNP ,/, and/CC in/IN Far/JJ Eastern/JJ markets/NNS ./. 
BELL/NNP INDUSTRIES/NNP Inc./NNP increased/VBD its/PRP$ quarterly/NN to/TO 10/CD cents/NNS from/IN seven/CD cents/NNS a/DT share/NN ./. 
The/DT new/JJ rate/NN will/MD be/VB payable/JJ Feb./NNP 15/CD ./. 
A/DT record/NN date/NN has/VBZ n't/RB been/VBN set/VBN ./. 
Bell/NNP ,/, based/VBN in/IN Los/NNP Angeles/NNP ,/, makes/VBZ and/CC distributes/VBZ electronic/JJ ,/, computer/NN and/CC building/NN products/NNS ./. 
Investors/NNS are/VBP appealing/VBG to/TO the/DT Securities/NNPS and/CC Exchange/NNP Commission/NNP not/RB to/TO limit/VB their/PRP$ access/NN to/TO information/NN about/IN stock/NN purchases/NNS and/CC sales/NNS by/IN corporate/JJ insiders/NNS ./. 
A/DT SEC/NNP proposal/NN to/TO ease/VB reporting/NN requirements/NNS for/IN some/DT company/NN executives/NNS would/MD undermine/VB the/DT usefulness/NN of/IN information/NN on/IN insider/NN trades/NNS as/IN a/DT stock-picking/JJ tool/NN ,/, individual/JJ investors/NNS and/CC professional/JJ money/NN managers/NNS contend/VBP ./. 
They/PRP make/VBP the/DT argument/NN in/IN letters/NNS to/TO the/DT agency/NN about/IN rule/NN changes/NNS proposed/VBD this/DT past/JJ summer/NN that/IN ,/, among/IN other/JJ things/NNS ,/, would/MD exempt/VB many/JJ middle-management/JJ executives/NNS from/IN reporting/VBG trades/NNS in/IN their/PRP$ own/JJ companies/NNS '/POS shares/NNS ./. 
The/DT proposed/VBN changes/NNS also/RB would/MD allow/VB executives/NNS to/TO report/VB exercises/NNS of/IN options/NNS later/RBR and/CC less/RBR often/RB ./. 
Many/JJ of/IN the/DT letters/NNS maintain/VBP that/IN investor/NN confidence/NN has/VBZ been/VBN so/RB shaken/VBN by/IN the/DT 1987/CD stock/NN market/NN crash/NN --/: and/CC the/DT markets/NNS already/RB so/RB stacked/VBN against/IN the/DT little/JJ guy/NN --/: that/IN any/DT decrease/NN in/IN information/NN on/IN insider-trading/NN patterns/NNS might/MD prompt/VB individuals/NNS to/TO get/VB out/RB of/IN stocks/NNS altogether/RB ./. 
``/`` The/DT SEC/NNP has/VBZ historically/RB paid/VBN obeisance/NN to/TO the/DT ideal/NN of/IN a/DT level/JJ playing/NN field/NN ,/, ''/'' wrote/VBD Clyde/NNP S./NNP McGregor/NNP of/IN Winnetka/NNP ,/, Ill./NNP ,/, in/IN one/CD of/IN the/DT 92/CD letters/NNS the/DT agency/NN has/VBZ received/VBN since/IN the/DT changes/NNS were/VBD proposed/VBN Aug./NNP 17/CD ./. 
``/`` Apparently/RB the/DT commission/NN did/VBD not/RB really/RB believe/VB in/IN this/DT ideal/NN ./. ''/'' 
Currently/RB ,/, the/DT rules/NNS force/VBP executives/NNS ,/, directors/NNS and/CC other/JJ corporate/JJ insiders/NNS to/TO report/VB purchases/NNS and/CC sales/NNS of/IN their/PRP$ companies/NNS '/POS shares/NNS within/IN about/IN a/DT month/NN after/IN the/DT transaction/NN ./. 
But/CC about/IN 25/CD %/NN of/IN the/DT insiders/NNS ,/, according/VBG to/TO SEC/NNP figures/NNS ,/, file/VBP their/PRP$ reports/NNS late/RB ./. 
The/DT changes/NNS were/VBD proposed/VBN in/IN an/DT effort/NN to/TO streamline/VB federal/JJ bureaucracy/NN and/CC boost/VB compliance/NN by/IN the/DT executives/NNS ``/`` who/WP are/VBP really/RB calling/VBG the/DT shots/NNS ,/, ''/'' said/VBD Brian/NNP Lane/NNP ,/, special/JJ counsel/NN at/IN the/DT SEC/NNP 's/POS office/NN of/IN disclosure/NN policy/NN ,/, which/WDT proposed/VBD the/DT changes/NNS ./. 
Investors/NNS ,/, money/NN managers/NNS and/CC corporate/JJ officials/NNS had/VBD until/IN today/NN to/TO comment/VB on/IN the/DT proposals/NNS ,/, and/CC the/DT issue/NN has/VBZ produced/VBN more/JJR mail/NN than/IN almost/RB any/DT other/JJ issue/NN in/IN memory/NN ,/, Mr./NNP Lane/NNP said/VBD ./. 
The/DT SEC/NNP will/MD probably/RB vote/VB on/IN the/DT proposal/NN early/RB next/JJ year/NN ,/, he/PRP said/VBD ./. 
Not/RB all/PDT those/DT who/WP wrote/VBD oppose/VBP the/DT changes/NNS ./. 
The/DT Committee/NNP on/IN Federal/NNP Regulation/NNP of/IN Securities/NNPS for/IN the/DT American/NNP Bar/NNP Association/NNP argues/VBZ ,/, for/IN example/NN ,/, in/IN its/PRP$ lengthy/JJ letter/NN to/TO the/DT SEC/NNP ,/, that/IN the/DT proposed/VBN changes/NNS ``/`` would/MD substantially/RB improve/VB the/DT -LCB-/-LRB- law/NN -RCB-/-RRB- by/IN conforming/VBG it/PRP more/RBR closely/RB to/TO contemporary/JJ business/NN realities/NNS ./. ''/'' 
What/WP the/DT investors/NNS who/WP oppose/VBP the/DT proposed/VBN changes/NNS object/VBP to/TO most/RBS is/VBZ the/DT effect/NN they/PRP say/VBP the/DT proposal/NN would/MD have/VB on/IN their/PRP$ ability/NN to/TO spot/VB telltale/JJ ``/`` clusters/NNS ''/'' of/IN trading/NN activity/NN --/: buying/NN or/CC selling/NN by/IN more/JJR than/IN one/CD officer/NN or/CC director/NN within/IN a/DT short/JJ period/NN of/IN time/NN ./. 
According/VBG to/TO some/DT estimates/NNS ,/, the/DT rule/NN changes/NNS would/MD cut/VB insider/NN filings/NNS by/IN more/JJR than/IN a/DT third/NN ./. 
The/DT SEC/NNP 's/POS Mr./NNP Lane/NNP vehemently/RB disputed/VBD those/DT estimates/NNS ./. 
The/DT rules/NNS will/MD eliminate/VB filings/NNS policy-making/VBG divisions/NNS ,/, such/JJ as/IN sales/NNS ,/, marketing/NN ,/, finance/NN and/CC research/NN and/CC development/NN ,/, Mr./NNP Lane/NNP said/VBD ./. 
The/DT proposed/VBN rules/NNS also/RB would/MD be/VB tougher/JJR on/IN the/DT insiders/NNS still/RB required/JJ to/TO file/VB reports/NNS ,/, he/PRP said/VBD ./. 
Companies/NNS would/MD be/VB compelled/VBN to/TO publish/VB in/IN annual/JJ proxy/NN statements/NNS the/DT names/NNS of/IN insiders/NNS who/WP fail/VBP to/TO file/VB reports/NNS on/IN time/NN ./. 
Considered/VBN as/IN a/DT whole/NN ,/, Mr./NNP Lane/NNP said/VBD ,/, the/DT filings/NNS required/VBN under/IN the/DT proposed/VBN rules/NNS ``/`` will/MD be/VB at/IN least/RBS as/IN effective/JJ ,/, if/IN not/RB more/RBR so/RB ,/, for/IN investors/NNS following/VBG transactions/NNS ./. ''/'' 
But/CC Robert/NNP Gabele/NNP ,/, president/NN of/IN Invest\/Net/NNP ,/, a/DT North/NNP Miami/NNP ,/, Fla./NNP ,/, company/NN that/WDT packages/VBZ and/CC sells/VBZ the/DT insider-trading/NN data/NNS ,/, said/VBD the/DT proposal/NN is/VBZ worded/VBN so/RB vaguely/RB that/IN key/JJ officials/NNS may/MD fail/VB to/TO file/VB the/DT reports/NNS ./. 
Many/JJ investors/NNS wrote/VBD asking/VBG the/DT SEC/NNP to/TO require/VB insiders/NNS to/TO report/VB their/PRP$ purchases/NNS and/CC sales/NNS immediately/RB ,/, not/RB a/DT month/NN later/RB ./. 
But/CC Mr./NNP Lane/NNP said/VBD that/IN while/IN the/DT SEC/NNP regulates/VBZ who/WP files/VBZ ,/, the/DT law/NN tells/VBZ them/PRP when/WRB to/TO do/VB so/RB ./. 
Investors/NNS who/WP want/VBP to/TO change/VB the/DT required/JJ timing/NN should/MD write/VB their/PRP$ representatives/NNS in/IN Congress/NNP ,/, he/PRP added/VBD ./. 
The/DT SEC/NNP would/MD likely/RB be/VB amenable/JJ to/TO legislation/NN that/WDT required/VBD insiders/NNS to/TO file/VB transactions/NNS on/IN a/DT more/RBR timely/JJ basis/NN ,/, he/PRP said/VBD ./. 
The/DT nation/NN 's/POS largest/JJS pension/NN fund/NN ,/, which/WDT oversees/VBZ $/$ 80/CD billion/CD for/IN college/NN employees/NNS ,/, plans/VBZ to/TO offer/VB two/CD new/JJ investment/NN options/NNS to/TO its/PRP$ 1.2/CD million/CD participants/NNS ./. 
The/DT Teachers/NNPS Insurance/NNP and/CC Annuity/NNP Association-College/NNP Retirement/NNP Equities/NNPS Fund/NNP said/VBD it/PRP will/MD introduce/VB a/DT stock/NN and/CC bond/NN fund/NN that/WDT will/MD invest/VB in/IN ``/`` socially/RB responsible/JJ ''/'' companies/NNS ,/, and/CC a/DT bond/NN fund/NN ./. 
Both/DT funds/NNS are/VBP expected/VBN to/TO begin/VB operation/NN around/IN March/NNP 1/CD ,/, subject/JJ to/TO Securities/NNPS and/CC Exchange/NNP Commission/NNP approval/NN ./. 
For/IN its/PRP$ employees/NNS to/TO sign/VB up/RP for/IN the/DT options/NNS ,/, a/DT college/NN also/RB must/MD approve/VB the/DT plan/NN ./. 
Some/DT 4,300/CD institutions/NNS are/VBP part/NN of/IN the/DT pension/NN fund/NN ./. 
The/DT new/JJ options/NNS carry/VBP out/RP part/NN of/IN an/DT agreement/NN that/IN the/DT pension/NN fund/NN ,/, under/IN pressure/NN to/TO relax/VB its/PRP$ strict/JJ participation/NN rules/NNS and/CC to/TO provide/VB more/JJR investment/NN options/NNS ,/, reached/VBN with/IN the/DT SEC/NNP in/IN December/NNP ./. 
The/DT new/JJ ``/`` social/JJ choice/NN ''/'' fund/NN will/MD shun/VB securities/NNS of/IN companies/NNS linked/VBN to/TO South/NNP Africa/NNP ,/, nuclear/JJ power/NN and/CC in/IN some/DT cases/NNS ,/, Northern/NNP Ireland/NNP ./. 
Also/RB excluded/VBN will/MD be/VB investments/NNS in/IN companies/NNS with/IN ``/`` significant/JJ ''/'' business/NN stemming/VBG from/IN weapons/NNS manufacture/NN ,/, alcoholic/JJ beverages/NNS or/CC tobacco/NN ./. 
Sixty/CD percent/NN of/IN the/DT fund/NN will/MD be/VB invested/VBN in/IN stocks/NNS ,/, with/IN the/DT rest/NN going/VBG into/IN bonds/NNS or/CC short-term/JJ investments/NNS ./. 
The/DT bond/NN fund/NN will/MD invest/VB in/IN high-grade/JJ or/CC medium-grade/JJ bonds/NNS ,/, mortgages/NNS or/CC asset-backed/JJ securities/NNS ,/, including/VBG as/JJ much/RB as/IN 15/CD %/NN in/IN foreign/JJ securities/NNS ./. 
The/DT fund/NN also/RB might/MD buy/VB and/CC sell/VB futures/NNS and/CC options/NNS contracts/NNS ,/, subject/JJ to/TO approval/NN by/IN the/DT New/NNP York/NNP State/NNP Insurance/NNP Department/NNP ./. 
Under/IN two/CD new/JJ features/NNS ,/, participants/NNS will/MD be/VB able/JJ to/TO transfer/VB money/NN from/IN the/DT new/JJ funds/NNS to/TO other/JJ investment/NN funds/NNS or/CC ,/, if/IN their/PRP$ jobs/NNS are/VBP terminated/VBN ,/, receive/VB cash/NN from/IN the/DT funds/NNS ./. 
The/DT investment/NN choices/NNS offered/VBN by/IN the/DT pension/NN fund/NN currently/RB are/VBP limited/VBN to/TO a/DT stock/NN fund/NN ,/, an/DT annuity/NN and/CC a/DT money-market/NN fund/NN ./. 
New/NNP Brunswick/NNP Scientific/NNP Co./NNP ,/, a/DT maker/NN of/IN biotechnology/NN instrumentation/NN and/CC equipment/NN ,/, said/VBD it/PRP adopted/VBD an/DT anti-takeover/JJ plan/NN giving/VBG shareholders/NNS the/DT right/NN to/TO purchase/VB shares/NNS at/IN half/JJ price/NN under/IN certain/JJ conditions/NNS ./. 
The/DT company/NN said/VBD the/DT plan/NN ,/, under/IN review/NN for/IN some/DT time/NN ,/, will/MD protect/VB shareholders/NNS against/IN ``/`` abusive/JJ takeover/NN tactics/NNS ./. 
W./NNP Ed/NNP Tyler/NNP ,/, 37/CD years/NNS old/JJ ,/, a/DT senior/JJ vice/NN president/NN at/IN this/DT printing/VBG concern/NN ,/, was/VBD elected/VBN president/NN of/IN its/PRP$ technology/NN group/NN ,/, a/DT new/JJ position/NN ./. 
Solo/JJ woodwind/NN players/NNS have/VBP to/TO be/VB creative/JJ if/IN they/PRP want/VBP to/TO work/VB a/DT lot/NN ,/, because/IN their/PRP$ repertoire/NN and/CC audience/NN appeal/NN are/VBP limited/JJ ./. 
The/DT oboist/NN Heinz/NNP Holliger/NNP has/VBZ taken/VBN a/DT hard/JJ line/NN about/IN the/DT problem/NN :/: He/PRP commissions/VBZ and/CC splendidly/RB interprets/VBZ fearsome/JJ contemporary/JJ scores/NNS and/CC does/VBZ some/DT conducting/NN ,/, so/IN he/PRP does/VBZ n't/RB have/VB to/TO play/VB the/DT same/JJ Mozart/NNP and/CC Strauss/NNP concertos/NNS over/RB and/CC over/RB again/RB ./. 
Richard/NNP Stoltzman/NNP has/VBZ taken/VBN a/DT gentler/JJR ,/, more/RBR audience-friendly/JJ approach/NN ./. 
Years/NNS ago/RB ,/, he/PRP collaborated/VBD with/IN the/DT new/JJ music/NN gurus/NNS Peter/NNP Serkin/NNP and/CC Fred/NNP Sherry/NNP in/IN the/DT very/RB countercultural/JJ chamber/NN group/NN Tashi/NNP ,/, which/WDT won/VBD audiences/NNS over/RP to/TO dreaded/JJ contemporary/JJ scores/NNS like/IN Messiaen/NNP 's/POS ``/`` Quartet/NN for/IN the/DT End/NN of/IN Time/NN ./. ''/'' 
Today/NN ,/, the/DT pixie-like/JJ clarinetist/NN has/VBZ mostly/RB dropped/VBN the/DT missionary/JJ work/NN -LRB-/-LRB- though/IN a/DT touch/NN of/IN the/DT old/JJ Tashi/NNP still/RB survives/VBZ -RRB-/-RRB- and/CC now/RB goes/VBZ on/IN the/DT road/NN with/IN piano/NN ,/, bass/NN ,/, a/DT slide/NN show/NN ,/, and/CC a/DT repertoire/NN that/WDT ranges/VBZ from/IN light/JJ classical/JJ to/TO light/JJ jazz/NN to/TO light/JJ pop/NN ,/, with/IN a/DT few/JJ notable/JJ exceptions/NNS ./. 
Just/RB the/DT thing/NN for/IN the/DT Vivaldi-at-brunch/JJ set/NN ,/, the/DT yuppie/NN audience/NN that/WDT has/VBZ embraced/VBN New/NNP Age/NNP as/IN its/PRP$ very/RB own/JJ easy/JJ listening/NN ./. 
But/CC you/PRP ca/MD n't/RB dismiss/VB Mr./NNP Stoltzman/NNP 's/POS music/NN or/CC his/PRP$ motives/NNS as/RB merely/RB commercial/JJ and/CC lightweight/JJ ./. 
He/PRP believes/VBZ in/IN what/WP he/PRP plays/VBZ ,/, and/CC he/PRP plays/VBZ superbly/RB ./. 
His/PRP$ recent/JJ appearance/NN at/IN the/DT Metropolitan/NNP Museum/NNP ,/, dubbed/VBN ``/`` A/DT Musical/JJ Odyssey/NN ,/, ''/'' was/VBD a/DT case/NN in/IN point/NN ./. 
It/PRP felt/VBD more/RBR like/IN a/DT party/NN ,/, or/CC a/DT highly/RB polished/JJ jam/NN session/NN with/IN a/DT few/JJ friends/NNS ,/, than/IN a/DT classical/JJ concert/NN ./. 
Clad/VBN in/IN his/PRP$ trademark/NN black/JJ velvet/NN suit/NN ,/, the/DT soft-spoken/JJ clarinetist/NN announced/VBD that/IN his/PRP$ new/JJ album/NN ,/, ``/`` Inner/JJ Voices/NNS ,/, ''/'' had/VBD just/RB been/VBN released/VBN ,/, that/IN his/PRP$ family/NN was/VBD in/IN the/DT front/NN row/NN ,/, and/CC that/IN it/PRP was/VBD his/PRP$ mother/NN 's/POS birthday/NN ,/, so/RB he/PRP was/VBD going/VBG to/TO play/VB her/PRP$ favorite/JJ tune/NN from/IN the/DT record/NN ./. 
He/PRP launched/VBD into/IN Saint-Saens/NNP 's/POS ``/`` The/DT Swan/NN ''/'' from/IN ``/`` Carnival/NN of/IN the/DT Animals/NNS ,/, ''/'' a/DT favorite/JJ encore/NN piece/NN for/IN cellists/NNS ,/, with/IN lovely/JJ ,/, glossy/JJ tone/NN and/CC no/DT bite/NN ./. 
Then/RB ,/, as/IN if/IN to/TO show/VB that/IN he/PRP could/MD play/VB fast/RB as/IN well/RB ,/, he/PRP offered/VBD the/DT second/JJ movement/NN from/IN Saint-Saens/NNP 's/POS Sonata/NN for/IN Clarinet/NN ,/, a/DT whimsical/JJ ,/, puckish/JJ tidbit/NN that/WDT reflected/VBD the/DT flip/JJ side/NN of/IN the/DT Stoltzman/NNP personality/NN ./. 
And/CC so/RB it/PRP went/VBD through/IN the/DT first/JJ half/NN :/: an/DT ingeniously/RB chosen/VBN potpourri/NN of/IN pieces/NNS ,/, none/NN longer/JJR than/IN five/CD minutes/NNS ,/, none/NN that/WDT would/MD disturb/VB or/CC challenge/VB a/DT listener/NN ./. 
Mr./NNP Stoltzman/NNP introduced/VBD his/PRP$ colleagues/NNS :/: Bill/NNP Douglas/NNP ,/, pianist\/bassoonist\/composer/NN and/CC an/DT old/JJ buddy/NN from/IN Yale/NNP ,/, and/CC jazz/NN bassist/NN Eddie/NNP Gomez/NNP ./. 
An/DT improvisational/JJ section/NN was/VBD built/VBN around/IN pieces/NNS by/IN Mr./NNP Douglas/NNP ,/, beginning/NN with/IN ``/`` Golden/JJ Rain/NN ,/, ''/'' a/DT lilting/JJ ,/, laid-back/JJ lead/NN in/IN to/TO the/DT uptempo/JJ ``/`` Sky/NN ,/, ''/'' which/WDT gave/VBD Mr./NNP Stoltzman/NNP the/DT opportunity/NN to/TO wail/VB in/IN a/DT high/JJ register/NN and/CC show/VB off/RP his/PRP$ fleet/JJ fingers/NNS ./. 
Bach/NNP 's/POS ``/`` Air/NN ''/'' followed/VBD ./. 
Mr./NNP Stoltzman/NNP tied/VBD the/DT composer/NN in/RP by/IN proclaiming/VBG him/PRP ``/`` the/DT great/JJ improviser/NN of/IN the/DT 18th/JJ century/NN ,/, ''/'' and/CC then/RB built/VBD on/IN the/DT image/NN by/IN joining/VBG with/IN Mr./NNP Douglas/NNP in/IN some/DT Bach/NNP two-part/JJ inventions/NNS ,/, cleverly/RB arranged/VBN for/IN clarinet/NN and/CC bassoon/NN by/IN Mr./NNP Douglas/NNP ./. 
Keeping/VBG the/DT mood/NN light/JJ ,/, the/DT two/CD then/RB chanted/VBD and/CC chortled/VBD their/PRP$ way/NN through/IN some/DT murderous/JJ polyrhythms/NNS ,/, devised/VBN by/IN Mr./NNP Douglas/NNP as/IN an/DT alternative/NN to/TO Hindemith/NNP 's/POS dry/JJ theory-teaching/VBG techniques/NNS ,/, and/CC then/RB ,/, with/IN Mr./NNP Gomez/NNP ,/, soared/VBD and/CC improvised/VBD on/IN the/DT composer/NN 's/POS tight/JJ ``/`` Bebop/NNP Etudes/NNP ./. ''/'' 
The/DT end/NN of/IN the/DT first/JJ half/NN ,/, however/RB ,/, brought/VBD what/WP the/DT standing-room-only/JJ crowd/NN seemed/VBD to/TO be/VB waiting/VBG for/IN :/: the/DT pop/NN singer/NN Judy/NNP Collins/NNP ,/, who/WP appears/VBZ on/IN ``/`` Inner/JJ Voices/NNS ./. ''/'' 
Glamorous/JJ and/CC pure-voiced/JJ as/IN ever/RB ,/, Ms./NNP Collins/NNP sang/VBD Joni/NNP Mitchell/NNP 's/POS ``/`` For/IN Free/RB ''/'' --/: about/IN an/DT encounter/NN with/IN a/DT street-corner/JJ clarinetist/NN ,/, to/TO which/WDT Mr./NNP Stoltzman/NNP contributed/VBD a/DT clarinet/NN obligatto/NN --/: and/CC Mr./NNP Douglas/NNP 's/POS lush/JJ setting/NN of/IN a/DT Gaelic/JJ blessing/NN ,/, ``/`` Deep/JJ Peace/NN ./. ''/'' 
``/`` Deep/JJ Peace/NN ''/'' also/RB featured/VBD a/DT slide/NN show/NN of/IN lovely/JJ but/CC predictable/JJ images/NNS of/IN clouds/NNS ,/, beaches/NNS ,/, deserts/NNS ,/, sunsets/NNS ,/, etc/FW ./. 
It/PRP was/VBD all/RB too/RB mellow/JJ to/TO be/VB believed/VBN ,/, but/CC they/PRP probably/RB would/MD have/VB gotten/VBN away/RP with/IN it/PRP ,/, had/VBD they/PRP not/RB felt/VBD compelled/VBN to/TO add/VB Ms./NNP Collins/NNP 's/POS signature/NN tune/NN ,/, ``/`` Amazing/JJ Grace/NN ,/, ''/'' and/CC ask/VB for/IN audience/NN participation/NN ./. 
That/WDT went/VBD over/IN the/DT permissible/JJ line/NN for/IN warm/JJ and/CC fuzzy/JJ feelings/NNS ./. 
Was/VBD this/DT why/WRB some/DT of/IN the/DT audience/NN departed/VBD before/IN or/CC during/IN the/DT second/JJ half/NN ?/. 
Or/CC was/VBD it/PRP because/IN Ms./NNP Collins/NNP had/VBD gone/VBN ?/. 
Either/DT way/NN it/PRP was/VBD a/DT pity/NN ,/, because/IN Mr./NNP Stolzman/NNP offered/VBD the/DT most/RBS substantial/JJ music/NN of/IN the/DT evening/NN just/RB after/IN intermission/NN :/: Steve/NNP Reich/NNP 's/POS ``/`` New/NNP York/NNP Counterpoint/NN ,/, ''/'' one/CD of/IN a/DT series/NN of/IN Reich/NNP works/NNS that/WDT juxtapose/VBP a/DT live/JJ performer/NN with/IN recorded/JJ tracks/NNS of/IN his/PRP$ or/CC her/PRP$ own/JJ playing/NN ./. 
-LRB-/-LRB- Mr./NNP Reich/NNP 's/POS new/JJ ``/`` Different/JJ Trains/NNS ''/'' for/IN string/NN quartet/NN uses/VBZ the/DT technique/NN magisterially/RB ./. -RRB-/-RRB- 
Mr./NNP Stoltzman/NNP must/MD have/VB worried/VBN that/IN his/PRP$ audience/NN might/MD not/RB be/VB able/JJ to/TO take/VB it/PRP :/: He/PRP warned/VBD us/PRP in/IN advance/NN that/IN ``/`` New/NNP York/NNP Counterpoint/NN ''/'' lasts/VBZ 11/CD 1\/2/CD minutes/NNS ./. 
He/PRP also/RB unfortunately/RB illustrated/VBD this/DT intricate/JJ ,/, jazzy/JJ tapestry/NN with/IN Mr./NNP Pearson/NNP 's/POS images/NNS ,/, this/DT time/NN of/IN geometric/JJ or/CC repeating/JJ objects/NNS ,/, in/IN a/DT kitschy/JJ mirroring/NN of/IN the/DT musical/JJ structure/NN that/WDT was/VBD thoroughly/RB distracting/VBG from/IN Mr./NNP Reich/NNP 's/POS piece/NN and/CC Mr./NNP Stoltzman/NNP 's/POS elegant/JJ execution/NN of/IN it/PRP ./. 
The/DT rest/NN of/IN the/DT concert/NN was/VBD more/JJR straight/JJ jazz/NN and/CC mellow/JJ sounds/NNS written/VBN by/IN Charlie/NNP Parker/NNP ,/, Ornette/NNP Coleman/NNP ,/, Bill/NNP Douglas/NNP and/CC Eddie/NNP Gomez/NNP ,/, with/IN pictures/NNS for/IN the/DT Douglas/NNP pieces/NNS ./. 
It/PRP was/VBD enjoyable/JJ to/TO hear/VB accomplished/JJ jazz/NN without/IN having/VBG to/TO sit/VB in/IN a/DT smoke-filled/JJ club/NN ,/, but/CC like/IN the/DT first/JJ half/NN ,/, much/JJ of/IN it/PRP was/VBD easy/JJ to/TO take/VB and/CC ultimately/RB forgettable/JJ ./. 
Is/VBZ this/DT the/DT future/NN of/IN chamber/NN music/NN ?/. 
Managers/NNS and/CC presenters/NNS insist/VBP that/IN chamber/NN music/NN concerts/NNS are/VBP a/DT hard/JJ sell/NN ,/, but/CC can/MD audiences/NNS really/RB enjoy/VB them/PRP only/RB if/IN the/DT music/NN is/VBZ purged/VBN of/IN threatening/JJ elements/NNS ,/, served/VBN up/RP in/IN bite-sized/JJ morsels/NNS and/CC accompanied/VBN by/IN visuals/NNS ?/. 
What/WP 's/VBZ next/JJ ?/. 
Slides/NNS to/TO illustrate/VB Shostakovich/NNP quartets/NNS ?/. 
It/PRP was/VBD not/RB an/DT unpleasant/JJ evening/NN ,/, certainly/RB ,/, thanks/NNS to/TO the/DT high/JJ level/NN of/IN performance/NN ,/, the/DT compositional/JJ talents/NNS of/IN Mr./NNP Douglas/NNP ,/, and/CC the/DT obvious/JJ sincerity/NN with/IN which/WDT Mr./NNP Stoltzman/NNP chooses/VBZ his/PRP$ selections/NNS ./. 
But/CC it/PRP was/VBD neither/RB deep/JJ nor/CC lasting/JJ :/: light/JJ entertainment/NN that/WDT was/VBD no/DT substitute/NN for/IN an/DT evening/NN of/IN Brahms/NNP ./. 
Ms./NNP Waleson/NNP is/VBZ a/DT free-lance/JJ writer/NN based/VBN in/IN New/NNP York/NNP ./. 
One/CD of/IN Ronald/NNP Reagan/NNP 's/POS attributes/NNS as/IN President/NNP was/VBD that/IN he/PRP rarely/RB gave/VBD his/PRP$ blessing/NN to/TO the/DT claptrap/NN that/WDT passes/VBZ for/IN ``/`` consensus/NN ''/'' in/IN various/JJ international/JJ institutions/NNS ./. 
In/IN fact/NN ,/, he/PRP liberated/VBD the/DT U.S./NNP from/IN one/CD of/IN the/DT world/NN 's/VBZ most/RBS corrupt/JJ organizations/NNS --/: UNESCO/NNP ./. 
This/DT is/VBZ the/DT U.N./NNP group/NN that/WDT managed/VBD to/TO traduce/VB its/PRP$ own/JJ charter/NN of/IN promoting/VBG education/NN ,/, science/NN and/CC culture/NN ./. 
Ever/RB since/IN ,/, the/DT remaining/VBG members/NNS have/VBP been/VBN desperate/JJ for/IN the/DT United/NNP States/NNPS to/TO rejoin/VB this/DT dreadful/JJ group/NN ./. 
Now/RB UNESCO/NNP apologists/NNS are/VBP lobbying/VBG President/NNP Bush/NNP to/TO renege/VB on/IN President/NNP Reagan/NNP 's/POS decision/NN to/TO depart/VB ./. 
But/CC we/PRP can/MD think/VB of/IN many/JJ reasons/NNS to/TO stay/VB out/RB for/IN the/DT foreseeable/JJ future/NN and/CC well/RB beyond/IN ./. 
The/DT U.S./NNP ,/, along/IN with/IN Britain/NNP and/CC Singapore/NNP ,/, left/VBD the/DT agency/NN when/WRB its/PRP$ anti-Western/JJ ideology/NN ,/, financial/JJ corruption/NN and/CC top/JJ leadership/NN got/VBD out/IN of/IN hand/NN ./. 
The/DT personal/JJ antics/NNS of/IN agency/NN Director/NNP Amadou-Mahtar/NNP M'Bow/NNP drew/VBD much/JJ attention/NN ,/, such/JJ as/IN when/WRB several/JJ of/IN his/PRP$ top/JJ aides/NNS were/VBD uncovered/VBN as/IN KGB/NNP plants/NNS and/CC ejected/VBN from/IN France/NNP and/CC when/WRB a/DT mysterious/JJ office/NN fire/NN was/VBD set/VBN just/RB before/IN Congress/NNP sent/VBD accountants/NNS to/TO trace/VB U.S./NNP funds/NNS ./. 
Mr./NNP M'Bow/NNP was/VBD an/DT extreme/JJ case/NN ,/, but/CC even/RB his/PRP$ replacement/NN ,/, the/DT more/RBR personally/RB genial/JJ Spanish/JJ biochemist/NN Federico/NNP Mayor/NNP ,/, has/VBZ had/VBN little/JJ success/NN at/IN achieving/VBG reforms/NNS ./. 
Several/JJ ridiculous/JJ projects/NNS continue/VBP ,/, including/VBG the/DT ``/`` New/JJ International/JJ Economic/JJ Order/NN ,/, ''/'' which/WDT means/VBZ redistributionism/NN from/IN the/DT West/NNP to/TO pay/VB for/IN everyone/NN else/RB 's/POS statism/NN ./. 
The/DT Orwellian/NNP ``/`` New/JJ World/NN Information/NN Order/NN ''/'' would/MD give/VB government/NN officials/NNS rights/NNS against/IN the/DT press/NN ;/: journalists/NNS would/MD be/VB obliged/VBN to/TO kowtow/VB to/TO their/PRP$ government/NN ,/, which/WDT would/MD have/VB licensing/NN and/CC censorship/NN powers/NNS and/CC ,/, indeed/RB ,/, duties/NNS to/TO block/VB printing/NN of/IN ``/`` wrong/JJ ''/'' ideas/NNS ./. 
UNESCO/NNP somehow/RB converted/VBD the/DT founding/JJ U.N./NNP ideals/NNS of/IN individual/JJ rights/NNS and/CC liberty/NN into/IN ``/`` peoples/NNS '/POS rights/NNS ./. ''/'' 
Million-dollar/JJ conferences/NNS were/VBD held/VBN to/TO chew/VB on/IN subjects/NNS such/JJ as/IN ``/`` ethical/JJ responsibilities/NNS of/IN scientists/NNS in/IN support/NN of/IN disarmament/NN ''/'' and/CC ``/`` the/DT impact/NN of/IN the/DT activities/NNS of/IN transnational/JJ corporations/NNS ./. ''/'' 
The/DT agency/NN was/VBD so/RB totally/RB subverted/VBN from/IN the/DT high/JJ principles/NNS of/IN its/PRP$ founding/NN that/IN even/RB the/DT Soviets/NNPS now/RB wonder/VBP about/IN an/DT agency/NN that/WDT seemed/VBD so/RB congenial/JJ to/TO them/PRP ./. 
Glasnost/FW may/MD be/VB partly/RB responsible/JJ ,/, but/CC Soviet/NNP Foreign/NNP Minister/NNP Eduard/NNP Shevardnadze/NNP last/JJ year/NN admitted/VBD ,/, ``/`` The/DT exaggerated/JJ ideological/JJ approach/NN undermined/VBD tolerance/NN intrinsic/JJ to/TO UNESCO/NNP ./. ''/'' 
UNESCO/NNP is/VBZ now/RB holding/VBG its/PRP$ biennial/JJ meetings/NNS in/IN Paris/NNP to/TO devise/VB its/PRP$ next/JJ projects/NNS ./. 
Mr./NNP Mayor/NNP 's/POS hope/NN that/IN references/NNS to/TO ``/`` press/NN freedom/NN ''/'' would/MD survive/VB unamended/JJ seems/VBZ doomed/VBN to/TO failure/NN ;/: the/DT current/JJ phrasing/NN is/VBZ ``/`` educating/VBG the/DT public/NN and/CC media/NNS to/TO avoid/VB manipulation/NN ./. ''/'' 
He/PRP has/VBZ n't/RB been/VBN able/JJ to/TO replace/VB the/DT M'Bow/NNP cabal/NN ./. 
Soviets/NNPS remain/VBP in/IN charge/NN of/IN education/NN programs/NNS ,/, a/DT former/JJ head/NN of/IN an/DT African/JJ military/JJ tribunal/NN for/IN executions/NNS is/VBZ in/IN charge/NN of/IN culture/NN ,/, and/CC a/DT hard-line/JJ Polish/JJ communist/NN in/IN exile/NN directs/VBZ the/DT human-rights/JJ and/CC peace/NN division/NN ./. 
Of/IN the/DT agency/NN 's/POS 2,750/CD staff/NN members/NNS ,/, 230/CD are/VBP in/IN the/DT field/NN working/VBG on/IN actual/JJ projects/NNS ,/, such/JJ as/IN literacy/NN and/CC oceanographic/JJ research/NN ./. 
The/DT position/NN of/IN the/DT United/NNP States/NNPS ,/, which/WDT once/RB contributed/VBD 25/CD %/NN of/IN the/DT budget/NN ,/, is/VBZ that/IN nothing/NN has/VBZ changed/VBN ./. 
John/NNP Bolton/NNP ,/, the/DT assistant/NN secretary/NN of/IN state/NN for/IN international/JJ organizations/NNS ,/, told/VBD Congress/NNP that/IN the/DT continuing/VBG ``/`` statist/JJ ,/, restrictive/JJ ,/, nondemocratic/JJ ''/'' programs/NNS make/VBP rejoining/VBG any/DT time/NN soon/RB ``/`` extremely/RB unlikely/JJ ./. ''/'' 
This/DT has/VBZ n't/RB much/RB bothered/VBN the/DT UNESCO/NNP delegates/NNS ,/, who/WP last/JJ week/NN could/MD n't/RB even/RB agree/VB to/TO raise/VB funds/NNS by/IN selling/VBG off/RP a/DT fancy/JJ 19th-century/JJ French/JJ chateau/NN the/DT agency/NN somehow/RB owns/VBZ ./. 
Other/JJ countries/NNS ,/, including/VBG West/NNP Germany/NNP ,/, may/MD have/VB a/DT hard/JJ time/NN justifying/VBG continued/JJ membership/NN ./. 
We/PRP see/VBP an/DT even/RB stronger/JJR argument/NN against/IN UNESCO/NNP than/IN its/PRP$ unsurprising/JJ failure/NN to/TO reform/NN ./. 
This/DT is/VBZ that/IN the/DT Reagan/NNP Revolution/NNP spanning/VBG Eastern/NNP Europe/NNP and/CC Tiananmen/NNP Square/NNP shows/VBZ the/DT power/NN of/IN ideas/NNS unencumbered/JJ by/IN international/JJ civil/JJ servants/NNS or/CC government/NN functionaries/NNS ./. 
Free/JJ markets/NNS ,/, free/JJ minds/NNS and/CC free/JJ elections/NNS have/VBP an/DT appeal/NN that/WDT seems/VBZ to/TO get/VB muddled/VBN only/RB when/WRB delivered/VBN through/IN U.N./NNP organizations/NNS --/: which/WDT of/IN course/NN are/VBP made/VBN up/RP largely/RB of/IN governments/NNS that/WDT fear/VBP these/DT principles/NNS at/IN home/NN ./. 
The/DT Babelists/NNS of/IN the/DT United/NNP Nations/NNPS are/VBP experts/NNS at/IN obfuscation/NN ./. 
This/DT can/MD have/VB its/PRP$ purposes/NNS at/IN times/NNS ,/, but/CC there/EX 's/VBZ no/DT reason/NN to/TO cloud/VB the/DT importance/NN and/CC allure/NN of/IN Western/JJ concepts/NNS of/IN freedom/NN and/CC justice/NN ./. 
We/PRP can/MD see/VB plenty/RB of/IN reasons/NNS to/TO stay/VB out/RB ,/, and/CC none/NN to/TO rejoin/VB UNESCO/NNP ./. 
Researchers/NNS at/IN Plant/NNP Genetic/NNP Systems/NNP N.V./NNP in/IN Belgium/NNP said/VBD they/PRP have/VBP developed/VBN a/DT genetic/JJ engineering/NN technique/NN for/IN creating/VBG hybrid/JJ plants/NNS for/IN a/DT number/NN of/IN key/JJ crops/NNS ./. 
The/DT researchers/NNS said/VBD they/PRP have/VBP isolated/VBN a/DT plant/NN gene/NN that/WDT prevents/VBZ the/DT production/NN of/IN pollen/NN ./. 
The/DT gene/NN thus/RB can/MD prevent/VB a/DT plant/NN from/IN fertilizing/VBG itself/PRP ./. 
Such/JJ so-called/JJ male-sterile/JJ plants/NNS can/MD then/RB be/VB fertilized/VBN by/IN pollen/NN from/IN another/DT strain/NN of/IN the/DT plant/NN ,/, thereby/RB producing/VBG hybrid/JJ seed/NN ./. 
The/DT new/JJ generation/NN of/IN plants/NNS will/MD possess/VB the/DT flourishing/JJ ,/, high-production/JJ trait/NN known/VBN as/IN ``/`` hybrid/JJ vigor/NN ,/, ''/'' similar/JJ to/TO that/DT now/RB seen/VBN in/IN hybrid/JJ corn/NN ./. 
``/`` The/DT development/NN could/MD have/VB a/DT dramatic/JJ effect/NN on/IN farm/NN production/NN ,/, especially/RB cotton/NN ,/, ''/'' said/VBD Murray/NNP Robinson/NNP ,/, president/NN of/IN Delta/NNP &/CC Pine/NNP Land/NNP Co./NNP ,/, a/DT Southwide/NNP Inc./NNP subsidiary/NN that/WDT is/VBZ one/CD of/IN the/DT largest/JJS cotton/NN seed/NN producers/NNS in/IN the/DT U.S./NNP ./. 
On/IN a/DT commercial/JJ scale/NN ,/, the/DT sterilization/NN of/IN the/DT pollen-producing/VBG male/JJ part/NN has/VBZ only/RB been/VBN achieved/VBN in/IN corn/NN and/CC sorghum/NN feed/NN grains/NNS ./. 
That/DT 's/VBZ because/IN the/DT male/NN part/NN ,/, the/DT tassel/NN ,/, and/CC the/DT female/NN ,/, the/DT ear/NN ,/, are/VBP some/DT distance/NN apart/RB on/IN the/DT corn/NN plant/NN ./. 
In/IN a/DT labor-intensive/JJ process/NN ,/, the/DT seed/NN companies/NNS cut/VBD off/RP the/DT tassels/NNS of/IN each/DT plant/NN ,/, making/VBG it/PRP male/JJ sterile/JJ ./. 
They/PRP sow/VBP a/DT row/NN of/IN male-fertile/JJ plants/NNS nearby/RB ,/, which/WDT then/RB pollinate/VBP the/DT male-sterile/JJ plants/NNS ./. 
The/DT first/JJ hybrid/JJ corn/NN seeds/NNS produced/VBN using/VBG this/DT mechanical/JJ approach/NN were/VBD introduced/VBN in/IN the/DT 1930s/NNS and/CC they/PRP yielded/VBD as/RB much/JJ as/IN 20/CD %/NN more/JJR corn/NN than/IN naturally/RB pollinated/VBN plants/NNS ./. 
The/DT vast/JJ majority/NN of/IN the/DT U.S./NNP corn/NN crop/NN now/RB is/VBZ grown/VBN from/IN hybrid/JJ seeds/NNS produced/VBN by/IN seed/NN companies/NNS ./. 
A/DT similar/JJ technique/NN is/VBZ almost/RB impossible/JJ to/TO apply/VB to/TO other/JJ crops/NNS ,/, such/JJ as/IN cotton/NN ,/, soybeans/NNS and/CC rice/NN ./. 
The/DT male/JJ part/NN ,/, the/DT anthers/NNS of/IN the/DT plant/NN ,/, and/CC the/DT female/NN ,/, the/DT pistils/NNS ,/, of/IN the/DT same/JJ plant/NN are/VBP within/IN a/DT fraction/NN of/IN an/DT inch/NN or/CC even/RB attached/VBN to/TO each/DT other/JJ ./. 
The/DT anthers/NNS in/IN these/DT plants/NNS are/VBP difficult/JJ to/TO clip/VB off/RP ./. 
In/IN China/NNP ,/, a/DT great/JJ number/NN of/IN workers/NNS are/VBP engaged/VBN in/IN pulling/VBG out/RP the/DT male/JJ organs/NNS of/IN rice/NN plants/NNS using/VBG tweezers/NNS ,/, and/CC one-third/NN of/IN rice/NN produced/VBN in/IN that/DT country/NN is/VBZ grown/VBN from/IN hybrid/JJ seeds/NNS ./. 
At/IN Plant/NNP Genetic/NNP Systems/NNPS ,/, researchers/NNS have/VBP isolated/VBN a/DT pollen-inhibiting/JJ gene/NN that/WDT can/MD be/VB inserted/VBN in/IN a/DT plant/NN to/TO confer/VB male/JJ sterility/NN ./. 
Jan/NNP Leemans/NNP ,/, research/NN director/NN ,/, said/VBD this/DT gene/NN was/VBD successfully/RB introduced/VBN in/IN oil-producing/JJ rapeseed/NN plants/NNS ,/, a/DT major/JJ crop/NN in/IN Europe/NNP and/CC Canada/NNP ,/, using/VBG as/IN a/DT carrier/NN a/DT ``/`` promoter/NN gene/NN ''/'' developed/VBN by/IN Robert/NNP Goldberg/NNP at/IN the/DT University/NNP of/IN California/NNP in/IN Los/NNP Angeles/NNP ./. 
The/DT sterilizing/VBG gene/NN is/VBZ expressed/VBN just/RB before/IN the/DT pollen/NN is/VBZ about/IN to/TO develop/VB and/CC it/PRP deactivates/VBZ the/DT anthers/NNS of/IN every/DT flower/NN in/IN the/DT plant/NN ./. 
Mr./NNP Leemans/NNP said/VBD this/DT genetic/JJ manipulation/NN does/VBZ n't/RB hurt/VB the/DT growth/NN of/IN that/DT plant/NN ./. 
The/DT researchers/NNS also/RB pulled/VBD off/RP a/DT second/JJ genetic/JJ engineering/NN trick/NN in/IN order/NN to/TO get/VB male-sterile/JJ plants/NNS in/IN large/JJ enough/JJ numbers/NNS to/TO produce/VB a/DT commercial/JJ hybrid/JJ seed/NN crop/NN ./. 
They/PRP attached/VBD a/DT second/JJ gene/NN ,/, for/IN herbicide/NN resistance/NN ,/, to/TO the/DT pollen-inhibiting/JJ gene/NN ./. 
Both/DT genes/NNS are/VBP then/RB inserted/VBN into/IN a/DT few/JJ greenhouse/NN plants/NNS ,/, which/WDT are/VBP then/RB pollinated/VBN and/CC allowed/VBN to/TO mature/VB and/CC produce/VB seed/NN ./. 
The/DT laws/NNS of/IN heredity/NN dictate/VBP that/IN half/NN of/IN the/DT plants/NNS springing/VBG from/IN these/DT greenhouse-produced/JJ seeds/NNS will/MD be/VB male/NN sterile/JJ and/CC herbicide/NN resistant/JJ and/CC half/NN will/MD be/VB male/NN fertile/JJ and/CC herbicide/NN susceptible/JJ ./. 
The/DT application/NN of/IN herbicide/NN would/MD kill/VB off/RP the/DT male-fertile/JJ plants/NNS ,/, leaving/VBG a/DT large/JJ field/NN of/IN male-sterile/JJ plants/NNS that/WDT can/MD be/VB cross-pollinated/VBN to/TO produce/VB hybrid/NN seed/NN ./. 
Mr./NNP Leemans/NNP said/VBD the/DT hybrid/NN rapeseeds/NNS created/VBN with/IN this/DT genetic/JJ engineering/NN yield/NN 15/CD %/NN to/TO 30/CD %/NN more/JJR output/NN than/IN the/DT commercial/JJ strains/NNS used/VBN currently/RB ./. 
``/`` This/DT technique/NN is/VBZ applicable/JJ to/TO a/DT wide/JJ variety/NN of/IN crops/NNS ,/, ''/'' he/PRP said/VBD ,/, and/CC added/VBD that/IN some/DT modifications/NNS may/MD be/VB necessary/JJ to/TO accommodate/VB the/DT peculiarities/NNS of/IN each/DT type/NN of/IN crop/NN ./. 
He/PRP said/VBD the/DT company/NN is/VBZ experimenting/VBG with/IN the/DT technique/NN on/IN alfalfa/NN ,/, and/CC plans/VBZ to/TO include/VB cotton/NN and/CC corn/NN ,/, among/IN other/JJ crops/NNS ./. 
He/PRP said/VBD that/IN even/RB though/IN virtually/RB all/DT corn/NN seeds/NNS currently/RB planted/VBN are/VBP hybrids/NNS ,/, the/DT genetic/JJ approach/NN will/MD obviate/VB the/DT need/NN for/IN mechanical/JJ emasculation/NN of/IN anthers/NNS ,/, which/WDT costs/VBZ U.S./NNP seed/NN producers/NNS about/IN $/$ 70/CD million/CD annually/RB ./. 
In/IN recent/JJ years/NNS ,/, demand/NN for/IN hybrid/NN seeds/NNS has/VBZ spurred/VBN research/NN at/IN a/DT number/NN of/IN chemical/NN and/CC biotechnology/NN companies/NNS ,/, including/VBG Monsanto/NNP Co./NNP ,/, Shell/NNP Oil/NNP Co./NNP and/CC Eli/NNP Lilly/NNP &/CC Co/NNP ./. 
One/CD technique/NN developed/VBN by/IN some/DT of/IN these/DT companies/NNS involves/VBZ a/DT chemical/NN spray/NN supposed/VBD to/TO kill/VB only/RB a/DT plant/NN 's/POS pollen/NN ./. 
But/CC there/EX have/VBP been/VBN problems/NNS with/IN chemical/NN sprays/NNS damaging/VBG plants/NNS '/POS female/JJ reproductive/JJ organs/NNS and/CC concern/NN for/IN the/DT toxicity/NN of/IN such/JJ chemical/NN sprays/NNS to/TO humans/NNS ,/, animals/NNS and/CC beneficial/JJ insects/NNS ./. 
However/RB ,/, Paul/NNP Johanson/NNP ,/, Monsanto/NNP 's/POS director/NN of/IN plant/NN sciences/NNS ,/, said/VBD the/DT company/NN 's/POS chemical/NN spray/NN overcomes/VBZ these/DT problems/NNS and/CC is/VBZ ``/`` gentle/JJ on/IN the/DT female/JJ organ/NN ./. ''/'' 
Biosource/NNP Genetics/NNP Corp./NNP ,/, Vacaville/NNP ,/, Calif./NNP ,/, is/VBZ developing/VBG a/DT spray/NN containing/VBG a/DT gene/NN that/WDT spreads/VBZ from/IN cell/NN to/TO cell/NN and/CC interferes/VBZ with/IN the/DT genes/NNS that/WDT are/VBP responsible/JJ for/IN producing/VBG pollen/NN ./. 
This/DT gene/NN ,/, called/VBN ``/`` gametocide/NN ,/, ''/'' is/VBZ carried/VBN into/IN the/DT plant/NN by/IN a/DT virus/NN that/WDT remains/VBZ active/JJ for/IN a/DT few/JJ days/NNS ./. 
Robert/NNP Erwin/NNP ,/, president/NN of/IN Biosource/NNP ,/, called/VBD Plant/NNP Genetic/NNP 's/POS approach/NN ``/`` interesting/JJ ''/'' and/CC ``/`` novel/JJ ,/, ''/'' and/CC ``/`` complementary/JJ rather/RB than/IN competitive/JJ ./. ''/'' 
``/`` There/EX is/VBZ a/DT large/JJ market/NN out/IN there/RB hungry/JJ for/IN hybrid/JJ seeds/NNS ,/, ''/'' he/PRP said/VBD ./. 
Mr./NNP Robinson/NNP of/IN Delta/NNP &/CC Pine/NNP ,/, the/DT seed/NN producer/NN in/IN Scott/NNP ,/, Miss./NNP ,/, said/VBD Plant/NNP Genetic/NNP 's/POS success/NN in/IN creating/VBG genetically/RB engineered/VBN male/NN steriles/NNS does/VBZ n't/RB automatically/RB mean/VB it/PRP would/MD be/VB simple/JJ to/TO create/VB hybrids/NNS in/IN all/DT crops/NNS ./. 
That/DT 's/VBZ because/RB pollination/NN ,/, while/IN easy/JJ in/IN corn/NN because/IN the/DT carrier/NN is/VBZ wind/NN ,/, is/VBZ more/RBR complex/JJ and/CC involves/VBZ insects/NNS as/IN carriers/NNS in/IN crops/NNS such/JJ as/IN cotton/NN ./. 
``/`` It/PRP 's/VBZ one/CD thing/NN to/TO say/VB you/PRP can/MD sterilize/VB ,/, and/CC another/DT to/TO then/RB successfully/RB pollinate/VB the/DT plant/NN ,/, ''/'' he/PRP said/VBD ./. 
Nevertheless/RB ,/, he/PRP said/VBD ,/, he/PRP is/VBZ negotiating/VBG with/IN Plant/NNP Genetic/NNP to/TO acquire/VB the/DT technology/NN to/TO try/VB breeding/VBG hybrid/JJ cotton/NN ./. 
A/DT bitter/JJ conflict/NN with/IN global/JJ implications/NNS has/VBZ erupted/VBN between/IN Nomura/NNP Securities/NNPS Co./NNP and/CC Industrial/NNP Bank/NNP of/IN Japan/NNP ,/, two/CD of/IN the/DT world/NN 's/VBZ most/RBS powerful/JJ financial/JJ companies/NNS ./. 
The/DT clash/NN is/VBZ a/DT sign/NN of/IN a/DT new/JJ toughness/NN and/CC divisiveness/NN in/IN Japan/NNP 's/POS once-cozy/JJ financial/JJ circles/NNS ./. 
Not/RB only/RB are/VBP Japan/NNP 's/POS financial/JJ institutions/NNS putting/VBG their/PRP$ enormous/JJ clout/NN to/TO work/VB ;/: increasingly/RB they/PRP 're/VBP squaring/VBG off/RP against/IN one/CD another/DT in/IN unprecedented/JJ public/JJ fashion/NN ./. 
Already/RB ,/, the/DT consequences/NNS are/VBP being/VBG felt/VBN by/IN other/JJ players/NNS in/IN the/DT financial/JJ markets/NNS --/: even/JJ governments/NNS ./. 
What/WP triggered/VBD the/DT latest/JJS clash/NN was/VBD a/DT skirmish/NN over/IN the/DT timing/NN of/IN a/DT New/NNP Zealand/NNP government/NN bond/NN issue/NN ./. 
Nomura/NNP was/VBD attempting/VBG to/TO organize/VB the/DT 50/CD billion-yen/JJ -LRB-/-LRB- $/$ 352/CD million/CD -RRB-/-RRB- borrowing/NN in/IN Japan/NNP at/IN a/DT time/NN when/WRB many/JJ Japanese/JJ banks/NNS ,/, led/VBN by/IN Industrial/NNP Bank/NNP of/IN Japan/NNP ,/, were/VBD pressuring/VBG the/DT Wellington/NNP government/NN to/TO help/VB them/PRP recover/VB loans/NNS made/VBN to/TO a/DT defunct/JJ investment/NN bank/NN that/WDT had/VBD been/VBN owned/VBN by/IN New/NNP Zealand/NNP 's/POS civil-service/JJ pension/NN fund/NN ./. 
Unwilling/JJ to/TO put/VB up/RP new/JJ money/NN for/IN New/NNP Zealand/NNP until/IN those/DT debts/NNS are/VBP repaid/VBN ,/, most/JJS banks/NNS refused/VBD even/RB to/TO play/VB administrative/JJ roles/NNS in/IN the/DT new/JJ financing/NN ,/, forcing/VBG an/DT embarrassed/JJ Nomura/NNP to/TO postpone/VB it/PRP this/DT week/NN ./. 
The/DT dispute/NN shows/VBZ clearly/RB the/DT global/JJ power/NN of/IN Japan/NNP 's/POS financial/JJ titans/NNS ./. 
Aside/RB from/IN Nomura/NNP 's/POS injured/JJ pride/NN ,/, the/DT biggest/JJS victim/NN so/RB far/RB has/VBZ been/VBN the/DT New/NNP Zealand/NNP government/NN ./. 
Barred/VBN by/IN its/PRP$ budget/NN law/NN from/IN making/VBG any/DT new/JJ domestic/JJ bond/NN issues/NNS ,/, Wellington/NNP 's/POS Debt/NNP Management/NNP Office/NNP had/VBD been/VBN casting/VBG abroad/RB to/TO raise/VB the/DT 3/CD billion/CD New/NNP Zealand/NNP dollars/NNS -LRB-/-LRB- US$/$ 1.76/CD billion/CD -RRB-/-RRB- to/TO NZ$/$ 4/CD billion/CD it/PRP needs/VBZ to/TO come/VB up/RB with/IN by/IN the/DT end/NN of/IN its/PRP$ fiscal/JJ year/NN next/IN June/NNP 30/CD ./. 
With/IN Japan/NNP 's/POS cash-flush/JJ banks/NNS aligned/VBN against/IN it/PRP ,/, though/RB ,/, raising/VBG money/NN may/MD be/VB difficult/JJ ./. 
Not/RB only/RB can/MD they/PRP block/VB Wellington/NNP from/IN raising/VBG money/NN in/IN Japan/NNP ,/, bankers/NNS here/RB say/VBP ,/, but/CC as/IN the/DT largest/JJS underwriters/NNS in/IN the/DT Eurobond/NN market/NN ,/, they/PRP might/MD be/VB able/JJ to/TO scuttle/VB borrowings/NNS there/RB ,/, too/RB ./. 
New/NNP Zealand/NNP 's/POS finance/NN minister/NN ,/, David/NNP Caygill/NNP ,/, lashed/VBD out/RB at/IN such/JJ suggestions/NNS ./. 
He/PRP told/VBD reporters/NNS in/IN Wellington/NNP Tuesday/NNP that/IN the/DT government/NN had/VBD n't/RB guaranteed/VBN the/DT loans/NNS to/TO DFC/NNP New/NNP Zealand/NNP Ltd./NNP ,/, an/DT investment/NN bank/NN 80%-owned/JJ by/IN the/DT National/NNP Provident/NNP Fund/NNP ,/, and/CC would/MD n't/RB bail/VB it/PRP out/RP ./. 
``/`` It/PRP may/MD very/RB well/RB be/VB what/WP the/DT Japanese/JJ banks/NNS want/VBP ,/, ''/'' he/PRP told/VBD Radio/NNP New/NNP Zealand/NNP ./. 
``/`` I/PRP think/VBP it/PRP would/MD be/VB irresponsible/JJ and/CC I/PRP am/VBP not/RB about/IN to/TO be/VB blackmailed/VBN by/IN Japanese/JJ banks/NNS or/CC any/DT other/JJ international/JJ interests/NNS ./. ''/'' 
No/DT less/RBR significant/JJ than/IN the/DT Japanese/JJ banks/NNS '/POS attempt/NN to/TO cut/VB off/RP funds/NNS to/TO pressure/VB a/DT foreign/JJ government/NN are/VBP the/DT implications/NNS of/IN a/DT confrontation/NN between/IN Japan/NNP securities/NNS and/CC banking/VBG industries/NNS ./. 
Anxiety/NN is/VBZ rising/VBG over/IN recent/JJ government/NN proposals/NNS to/TO eventually/RB lower/VB the/DT strict/JJ barriers/NNS that/WDT now/RB separate/VBP --/: and/CC protect/VBP --/: the/DT two/CD industries/NNS from/IN each/DT other/JJ ./. 
Both/DT sides/NNS are/VBP jealously/RB guarding/VBG their/PRP$ turf/NN ,/, and/CC relations/NNS have/VBP been/VBN at/IN a/DT flashpoint/NN for/IN months/NNS ./. 
The/DT banks/NNS badly/RB want/VBP to/TO break/VB into/IN all/DT aspects/NNS of/IN the/DT securities/NNS business/NN ./. 
Meanwhile/RB ,/, the/DT securities/NNS companies/NNS --/: most/JJS of/IN them/PRP smaller/JJR than/IN the/DT banks/NNS --/: are/VBP seeking/VBG access/NN only/RB to/TO limited/JJ kinds/NNS of/IN banking/NN that/WDT would/MD n't/RB open/VB them/PRP to/TO the/DT full/JJ brunt/NN of/IN competition/NN from/IN the/DT banks/NNS ./. 
Nomura/NNP ,/, the/DT world/NN 's/POS biggest/JJS securities/NNS company/NN largely/RB by/IN virtue/NN of/IN its/PRP$ protected/JJ home/NN field/NN ,/, and/CC Industrial/NNP Bank/NNP of/IN Japan/NNP ,/, Japan/NNP 's/POS most/RBS innovative/JJ and/CC aggressive/JJ bank/NN in/IN capital/NN markets/NNS abroad/RB ,/, captain/VBP the/DT opposing/VBG sides/NNS ./. 
And/CC their/PRP$ suspicions/NNS of/IN each/DT other/JJ run/VBP deep/RB ./. 
In/IN the/DT past/JJ year/NN ,/, both/DT have/VBP tried/VBN to/TO stretch/VB the/DT limits/NNS of/IN their/PRP$ businesses/NNS ./. 
Nomura/NNP started/VBD a/DT credit-card/NN venture/NN with/IN American/NNP Express/NNP Co./NNP that/WDT allowed/VBD cardholders/NNS to/TO use/VB their/PRP$ Nomura/NNP securities/NNS accounts/NNS like/IN a/DT bank/NN account/NN ,/, attracting/VBG the/DT wrath/NN of/IN banks/NNS ./. 
And/CC Industrial/NNP Bank/NNP of/IN Japan/NNP started/VBD up/RP a/DT London/NNP securities/NNS subsidiary/NN that/WDT sells/VBZ Japanese/JJ stocks/NNS to/TO non-Japanese/JJ institutions/NNS overseas/RB ,/, a/DT move/NN that/WDT stirred/VBD the/DT anger/NN of/IN the/DT stock/NN brokerage/NN firms/NNS ./. 
The/DT New/NNP Zealand/NNP bond/NN issue/NN simply/RB has/VBZ brought/VBN the/DT two/CD institutions/NNS face-to-face/RB ./. 
ITEL/NNP CORP./NNP reported/VBD third-quarter/JJ earnings/NNS ,/, which/WDT were/VBD mistakenly/RB shown/VBN in/IN the/DT Quarterly/JJ Earnings/NNS Surprises/NNS table/NN in/IN yesterday/NN 's/POS edition/NN to/TO be/VB lower/JJR than/IN the/DT average/NN of/IN analysts/NNS '/POS estimates/NNS ./. 
On/IN a/DT pretax/JJ basis/NN ,/, Itel/NNP 's/POS third-quarter/JJ earnings/NNS of/IN 30/CD cents/NNS a/DT share/NN were/VBD actually/RB 7.14/CD %/NN higher/JJR than/IN the/DT average/NN of/IN estimates/NNS ./. 
Raymond/NNP E./NNP Ross/NNP ,/, 53/CD years/NNS old/JJ ,/, formerly/RB group/NN vice/NN president/NN ,/, U.S./NNP plastics/NNS machinery/NN ,/, at/IN this/DT machine/NN tool/NN ,/, plastics/NNS machinery/NN and/CC robots/NNS concern/NN ,/, was/VBD named/VBN senior/JJ vice/NN president/NN ,/, industrial/JJ systems/NNS ,/, succeeding/VBG David/NNP A./NN Entrekin/NNP ,/, who/WP resigned/VBD Monday/NNP ./. 
John/NNP A./NN Conlon/NNP Jr./NNP ,/, 45/CD ,/, was/VBD named/VBN a/DT managing/VBG director/NN at/IN this/DT investment-banking/JJ company/NN ./. 
He/PRP will/MD be/VB in/IN charge/NN of/IN research/NN ,/, equity/NN sales/NNS and/CC trading/NN ,/, and/CC the/DT syndicate/NN operation/NN of/IN Rothschild/NNP ./. 
Mr./NNP Conlon/NNP was/VBD executive/NN vice/NN president/NN and/CC director/NN of/IN the/DT equity/NN division/NN of/IN the/DT international/JJ division/NN of/IN Nikko/NNP Securities/NNPS Co/NNP ./. 
As/IN Yogi/NNP Berra/NNP might/MD say/VB ,/, it/PRP 's/VBZ deja/NN vu/NN all/RB over/RB again/RB ./. 
Crouched/VBN at/IN shortstop/NN ,/, Bert/NNP Campaneris/NNP ,/, once/RB Oakland/NNP 's/POS master/NN thief/NN ,/, effortlessly/RB scoops/VBZ up/RP a/DT groundball/NN and/CC flips/VBZ it/PRP to/TO second/JJ ./. 
In/IN the/DT outfield/NN ,/, Paul/NNP Blair/NNP ,/, the/DT Orioles/NNP '/POS eight-time/JJ Gold/NNP Glove/NNP winner/NN ,/, elegantly/RB shags/VBZ a/DT fly/NN ./. 
On/IN the/DT mound/NN ,/, former/JJ Red/NNP Sox/NNP great/JJ Luis/NNP Tiant/NNP ,/, the/DT wily/JJ master/NN of/IN 1,001/CD moves/NNS ,/, throws/VBZ an/DT off-speed/JJ strike/NN ./. 
``/`` Babies/NNS ,/, kiddies/NNS ,/, ''/'' growls/VBZ their/PRP$ manager/NN --/: a/DT fellow/NN named/VBN Earl/NNP Weaver/NNP ,/, who/WP ,/, in/IN a/DT different/JJ time/NN ,/, handled/VBD four/CD World/NNP Series/NNP teams/NNS and/CC now/RB handles/VBZ the/DT Gold/NNP Coast/NNP Suns/NNPS ./. 
``/`` Old-time/JJ kiddies/NNS ,/, ''/'' he/PRP says/VBZ ./. 
Perhaps/RB ./. 
But/CC for/IN the/DT next/JJ few/JJ months/NNS ,/, these/DT boys/NNS of/IN summers/NNS long/JJ past/NN are/VBP going/VBG to/TO be/VB reveling/VBG in/IN an/DT Indian/JJ summer/NN of/IN the/DT soul/NN ./. 
Now/RB that/IN the/DT baseball/NN season/NN is/VBZ officially/RB over/RP ,/, you/PRP see/VBP ,/, it/PRP 's/VBZ time/NN for/IN a/DT new/JJ season/NN to/TO begin/VB ./. 
Today/NN is/VBZ the/DT debut/NN of/IN the/DT Senior/NNP Professional/NNP Baseball/NNP Association/NNP ,/, a/DT new/JJ eight-team/JJ pro/JJ sports/NNS circuit/NN ,/, modeled/VBN after/IN the/DT highly/RB successful/JJ senior/JJ tennis/NN and/CC golf/NN tours/NNS and/CC complete/JJ with/IN good/JJ salaries/NNS ,/, a/DT cable/NN television/NN contract/NN and/CC even/RB expansion/NN plans/NNS ./. 
One/CD hundred/CD and/CC ninety/CD two/CD former/JJ greats/NNS ,/, near/JJ greats/NNS ,/, hardly/RB knowns/NNS and/CC unknowns/NNS begin/VBP a/DT 72-game/JJ ,/, three-month/JJ season/NN in/IN spring-training/NN stadiums/NNS up/RB and/CC down/RB Florida/NNP ./. 
For/IN everyone/NN involved/VBN ,/, it/PRP 's/VBZ one/CD more/JJR swig/NN of/IN that/DT elixir/NN of/IN youth/NN ,/, baseball/NN ./. 
``/`` Someone/NN always/RB makes/VBZ you/PRP quit/VB ,/, ''/'' says/VBZ legendary/JJ St./NNP Louis/NNP Cardinals/NNPS centerfielder/NN Curt/NNP Flood/NNP ,/, the/DT league/NN 's/POS commissioner/NN ./. 
``/`` You/PRP feel/VBP you/PRP want/VBP one/CD more/JJR --/: one/NN more/JJR at-bat/NN ,/, one/CD more/JJR hit/NN ,/, one/CD more/JJR game/NN ./. ''/'' 
Until/IN the/DT baby-faced/JJ heroes/NNS of/IN today/NN reclaim/VBP these/DT ballparks/NNS for/IN spring/NN training/NN ,/, there/EX is/VBZ one/CD more/JJR ./. 
And/CC not/RB just/RB for/IN the/DT players/NNS ./. 
It/PRP 's/VBZ one/CD more/JJR for/IN the/DT baseball-loving/JJ lawyers/NNS ,/, accountants/NNS and/CC real/JJ estate/NN developers/NNS who/WP ponied/VBD up/RP about/IN $/$ 1/CD million/CD each/DT for/IN the/DT chance/NN to/TO be/VB an/DT owner/NN ,/, to/TO step/VB into/IN the/DT shoes/NNS of/IN a/DT Gene/NNP Autry/NNP or/CC have/VB a/DT beer/NN with/IN Rollie/NNP Fingers/NNP ./. 
``/`` Nothing/NN can/MD be/VB better/JJR than/IN this/DT ,/, ''/'' says/VBZ Don/NNP Sider/NNP ,/, owner/NN of/IN the/DT West/NNP Palm/NNP Beach/NNP Tropics/NNPS ./. 
Early/RB in/IN the/DT morning/NN Mr./NNP Sider/NNP ,/, an/DT estate/NN lawyer/NN ,/, pores/VBZ over/IN last/JJ wills/NNS and/CC testaments/NNS ./. 
Midmorning/NN ,/, he/PRP dons/VBZ an/DT orange-and-blue/JJ uniform/NN and/CC ,/, for/IN fun/NN ,/, may/MD field/VB a/DT bunt/NN from/IN Dave/NNP Kingman/NNP ./. 
It/PRP 's/VBZ one/CD more/JJR ,/, too/RB ,/, for/IN the/DT fans/NNS who/WP dream/VBP of/IN a/DT season/NN that/WDT never/RB ends/VBZ ./. 
``/`` I/PRP feel/VBP like/IN a/DT little/JJ kid/NN ,/, ''/'' says/VBZ a/DT gleeful/JJ Alex/NNP de/FW Castro/NNP ,/, a/DT car/NN salesman/NN ,/, who/WP has/VBZ stopped/VBN by/RP a/DT workout/NN of/IN the/DT Suns/NNPS to/TO slip/VB six/CD Campaneris/NNP cards/NNS to/TO the/DT Great/JJ Man/NN Himself/PRP to/TO be/VB autographed/VBN ./. 
The/DT league/NN 's/POS promoters/NNS hope/VBP retirees/NNS and/CC tourists/NNS will/MD join/VB die-hard/JJ fans/NNS like/IN Mr./NNP de/FW Castro/NNP and/CC pack/VB the/DT stands/NNS to/TO see/VB the/DT seniors/NNS ./. 
The/DT league/NN is/VBZ the/DT brainchild/NN of/IN Colorado/NNP real/JJ estate/NN developer/NN James/NNP Morley/NNP --/: once/RB a/DT minor-leaguer/NN himself/PRP --/: who/WP says/VBZ he/PRP had/VBD the/DT idea/NN last/JJ January/NNP while/IN lying/VBG on/IN a/DT beach/NN in/IN Australia/NNP ./. 
When/WRB he/PRP sent/VBD letters/NNS offering/VBG 1,250/CD retired/JJ major/JJ leaguers/NNS the/DT chance/NN of/IN another/DT season/NN ,/, 730/CD responded/VBD ./. 
Eventually/RB ,/, about/IN 250/CD made/VBD the/DT trip/NN to/TO Florida/NNP to/TO compete/VB for/IN the/DT available/JJ slots/NNS ./. 
-LRB-/-LRB- Players/NNS have/VBP to/TO be/VB 35/CD or/CC older/JJR ,/, except/IN for/IN catchers/NNS ,/, who/WP are/VBP eligible/JJ at/IN 32/CD because/IN life/NN behind/IN the/DT plate/NN is/VBZ so/RB rough/JJ ./. -RRB-/-RRB- 
For/IN some/DT players/NNS ,/, the/DT lure/NN is/VBZ money/NN --/: up/RB to/TO $/$ 15,000/CD a/DT month/NN ./. 
Others/NNS ,/, just/RB released/VBN from/IN the/DT majors/NNS ,/, hope/VBP the/DT senior/JJ league/NN will/MD be/VB their/PRP$ bridge/NN back/RB into/IN the/DT big-time/JJ ./. 
But/CC as/IN they/PRP hurl/VBP fireballs/NNS that/WDT smolder/VBP rather/RB than/IN burn/VBP ,/, and/CC relive/VBP old/JJ duels/NNS in/IN the/DT sun/NN ,/, it/PRP 's/VBZ clear/JJ that/IN most/JJS are/VBP there/RB to/TO make/VB their/PRP$ fans/NNS cheer/VB again/RB or/CC recapture/VB the/DT camaraderie/NN of/IN seasons/NNS past/JJ or/CC prove/VB to/TO themselves/PRP and/CC their/PRP$ colleagues/NNS that/IN they/PRP still/RB have/VBP it/PRP --/: or/CC something/NN close/RB to/TO it/PRP ./. 
``/`` My/PRP$ fastball/NN is/VBZ good/JJ ./. 
Real/RB good/JJ ,/, ''/'' says/VBZ 39-year-old/JJ Pete/NNP Broberg/NNP ,/, working/VBG in/IN the/DT midday/NN heat/NN of/IN the/DT Tropics/NNPS camp/NN ./. 
Mr./NNP Broberg/NNP ,/, who/WP started/VBD with/IN the/DT now-defunct/JJ Washington/NNP Senators/NNPS ,/, says/VBZ that/IN when/WRB he/PRP left/VBD baseball/NN in/IN 1978/CD ,/, he/PRP ``/`` never/RB looked/VBD back/RB ./. ''/'' 
For/IN a/DT long/JJ time/NN ,/, he/PRP ignored/VBD baseball/NN altogether/RB ,/, even/RB the/DT sports/NNS pages/NNS ./. 
Now/RB Mr./NNP Broberg/NNP ,/, a/DT lawyer/NN ,/, claims/VBZ he/PRP 'd/MD play/VB for/IN free/RB ./. 
``/`` You/PRP ca/MD n't/RB give/VB it/PRP up/RP that/IN easily/RB ,/, ''/'' he/PRP says/VBZ ./. 
``/`` I/PRP tried/VBD ./. ''/'' 
The/DT nagging/JJ memory/NN of/IN one/CD afternoon/NN fourteen/CD years/NNS ago/RB drove/VBD Jim/NNP Gideon/NNP ,/, a/DT lean/JJ 36-year-old/JJ righthander/NN to/TO take/VB a/DT four-month/JJ leave/NN from/IN selling/VBG insurance/NN in/IN Texas/NNP to/TO try/VB out/RP for/IN Mr./NNP Weaver/NNP 's/POS team/NN ./. 
``/`` It/PRP does/VBZ n't/RB replace/VB pitching/VBG in/IN the/DT majors/NNS ,/, but/CC it/PRP proves/VBZ to/TO me/PRP that/IN I/PRP would/MD have/VB been/VBN able/JJ to/TO play/VB if/IN I/PRP 'd/MD stayed/VBN healthy/JJ ,/, ''/'' he/PRP says/VBZ ./. 
Back/RB in/IN 1975/CD ,/, late/RB in/IN the/DT season/NN ,/, a/DT then-21/JJ Mr./NNP Gideon/NNP made/VBD his/PRP$ only/JJ major/JJ league/NN appearance/NN ,/, five/CD and/CC two-thirds/NNS innings/NN for/IN the/DT Texas/NNP Rangers/NNPS against/IN the/DT Chicago/NNP White/NNP Sox/NNPS ./. 
He/PRP gave/VBD up/RP seven/CD hits/NNS ,/, walked/VBD five/CD and/CC did/VBD n't/RB get/VB a/DT decision/NN ./. 
Arm/NN troubles/NNS forced/VBD him/PRP back/RB to/TO the/DT minors/NNS the/DT next/JJ year/NN ./. 
``/`` There/EX 's/VBZ a/DT satisfaction/NN in/IN going/VBG against/IN the/DT rules/NNS ,/, ''/'' offers/VBZ Will/NNP McEnaney/NNP ,/, once/RB a/DT stopper/NN with/IN Cincinnati/NNP 's/POS Big/JJ Red/JJ Machine/NN ./. 
He/PRP means/VBZ the/DT rule/NN that/IN a/DT player/NN ca/MD n't/RB cut/VB it/PRP after/IN a/DT certain/JJ age/NN ./. 
These/DT days/NNS he/PRP hustles/VBZ to/TO house-painting/JJ jobs/NNS in/IN his/PRP$ Chevy/NNP pickup/NN before/IN and/CC after/IN training/NN with/IN the/DT Tropics/NNPS ./. 
While/IN sipping/VBG a/DT beer/NN after/IN practice/NN ,/, he/PRP vividly/RB recounts/VBZ getting/VBG the/DT Red/NNP Sox/NNPS 's/POS Carl/NNP Yastrzemski/NNP to/TO pop/VB out/RB to/TO end/VB the/DT 1975/CD World/NNP Series/NNP ,/, and/CC repeating/VBG the/DT feat/NN against/IN the/DT Yankees/NNPS '/POS Roy/NNP White/NNP in/IN 1976/CD ./. 
Some/DT of/IN the/DT game/NN 's/POS reigning/VBG philosophers/NNS dislike/VBP the/DT idea/NN of/IN middle-aged/JJ men/NNS attempting/VBG a/DT young/JJ man/NN 's/POS sport/NN ./. 
``/`` I/PRP personally/RB do/VBP n't/RB enjoy/VB seeing/VBG players/NNS who/WP I/PRP remember/VBP vividly/RB from/IN their/PRP$ playing/JJ days/NNS running/VBG about/RB and/CC being/VBG gallant/JJ about/IN their/PRP$ deficiencies/NNS ,/, ''/'' says/VBZ Roger/NNP Angell/NNP ,/, New/NNP Yorker/NNP magazine/NN 's/POS resident/JJ baseball/NN sage/NN ./. 
``/`` I/PRP feel/VBP people/NNS should/MD be/VB allowed/VBN to/TO remember/VB players/NNS as/IN they/PRP were/VBD ./. ''/'' 
Worse/JJR ,/, says/VBZ baseball/NN author/NN Lawrence/NNP Ritter/NNP ,/, ``/`` Someone/NN will/MD get/VB a/DT heart/NN attack/NN and/CC that/DT will/MD be/VB the/DT end/NN of/IN the/DT whole/JJ story/NN ./. ''/'' 
But/CC the/DT ballplayers/NNS disagree/VBP ./. 
Most/JJS are/VBP trim/JJ ./. 
Some/DT have/VBP been/VBN training/VBG for/IN months/NNS ;/: others/NNS only/RB recently/RB left/VBD active/JJ status/NN ./. 
-LRB-/-LRB- No/DT one/NN has/VBZ worked/VBN out/RP the/DT players/NNS '/POS average/NN age/NN ,/, but/CC most/JJS appear/VB to/TO be/VB in/IN their/PRP$ late/JJ 30s/NNS ./. -RRB-/-RRB- 
And/CC there/EX 's/VBZ pride/NN ./. 
``/`` I/PRP 'm/VBP not/RB going/VBG to/TO look/VB stupid/JJ ,/, ''/'' vows/VBZ former/JJ Pittsburgh/NNP Pirate/NNP second/JJ baseman/NN Rennie/NNP Stennett/NNP ,/, sweat/NN dotting/VBG his/PRP$ brow/NN as/IN he/PRP prepares/VBZ for/IN some/DT practice/NN swings/NNS ./. 
``/`` It/PRP 's/VBZ going/VBG to/TO be/VB a/DT tough/JJ league/NN ,/, ''/'' promises/VBZ the/DT 47-year-old/JJ Mr./NNP Campaneris/NNP ./. 
``/`` There/EX will/MD be/VB a/DT lot/NN of/IN malice/NN ./. ''/'' 
Men/NNS who/WP have/VBP played/VBN hard/RB all/DT their/PRP$ lives/NNS are/VBP n't/RB about/IN to/TO change/VB their/PRP$ habits/NNS ,/, he/PRP says/VBZ ./. 
Nonetheless/RB ,/, one/PRP ca/MD n't/RB help/VB wonder/VB whether/IN the/DT game/NN will/MD be/VB just/RB a/DT little/JJ bit/NN slower/JJR ./. 
At/IN the/DT weatherbeaten/JJ Pompano/NNP Beach/NNP municipal/JJ stadium/NN ,/, Mr./NNP Blair/NNP ,/, the/DT 45-year-old/JJ former/JJ Oriole/NNP ,/, knows/VBZ his/PRP$ power/NN is/VBZ n't/RB what/WP it/PRP used/VBD to/TO be/VB ./. 
So/RB he/PRP adjusts/VBZ ./. 
He/PRP no/RB longer/RBR crowds/VBZ the/DT plate/NN ./. 
He/PRP 's/VBZ not/RB thinking/VBG about/IN home/NN runs/NNS anymore/RB ,/, just/RB base/NN hits/NNS ./. 
Still/RB ,/, ``/`` how/WRB sweet/JJ it/PRP is/VBZ ,/, ''/'' he/PRP says/VBZ ,/, savoring/VBG the/DT fat/JJ sound/NN of/IN the/DT well-hit/JJ line/NN drive/NN that/IN bounces/VBZ off/RB the/DT center/JJ field/NN wall/NN ./. 
And/CC do/VBP n't/RB expect/VB many/JJ complete/JJ games/NNS by/IN pitchers/NNS --/: perhaps/RB three/CD out/IN of/IN 288/CD ,/, laughs/VBZ Mr./NNP Fingers/NNP ,/, the/DT former/JJ Oakland/NNP reliever/NN ./. 
Expect/VB ``/`` tricky/JJ ''/'' stuff/NN from/IN pitchers/NNS ,/, says/VBZ Mr./NNP Weaver/NNP ,/, the/DT manager/NN ./. 
Expect/VB brushbacks/NNS but/CC no/DT beanballs/NNS ,/, says/VBZ Mr./NNP McEnaney/NNP ./. 
Even/RB expect/VB stolen/VBN bases/NNS ,/, says/VBZ the/DT wiry/JJ and/CC fit/JJ Mr./NNP Campaneris/NNP :/: ``/`` If/IN you/PRP know/VBP how/WRB to/TO slide/VB ,/, it/PRP 's/VBZ no/DT problem/NN ,/, ''/'' he/PRP says/VBZ ./. 
And/CC expect/VB slower/JJR fastballs/NNS ./. 
``/`` I/PRP 'm/VBP not/RB so/RB young/JJ anymore/RB ,/, ''/'' concedes/VBZ the/DT cigar-chomping/JJ ,/, 48-year-old/JJ Mr./NNP Tiant/NNP ./. 
``/`` I/PRP wo/MD n't/RB be/VB throwing/VBG 90/CD mph/NN ,/, but/CC I/PRP will/MD throw/VB 80-plus/JJ ,/, ''/'' he/PRP says/VBZ ./. 
White-haired/JJ Pedro/NNP Ramos/NNP ,/, at/IN 54/CD the/DT league/NN 's/POS oldest/JJS player/NN and/CC a/DT pitcher-coach/NN with/IN the/DT Suns/NNPS ,/, has/VBZ lost/VBN even/RB more/JJR speed/NN ./. 
Stuffing/VBG a/DT wad/NN of/IN Red/NNP Man/NN into/IN his/PRP$ cheek/NN ,/, he/PRP admits/VBZ the/DT fastball/NN he/PRP brought/VBD into/IN the/DT majors/NNS in/IN 1955/CD has/VBZ become/VBN a/DT slowball/NN ./. 
Its/PRP$ maximum/JJ velocity/NN is/VBZ 72/CD mph/NN ./. 
But/CC he/PRP is/VBZ n't/RB worried/JJ ./. 
He/PRP will/MD compensate/VB with/IN the/DT guile/NN learned/VBN from/IN his/PRP$ years/NNS in/IN the/DT majors/NNS ./. 
He/PRP has/VBZ good/JJ control/NN ./. 
He/PRP will/MD keep/VB the/DT ball/NN down/RP ,/, move/VB it/PRP around/RB ./. 
After/IN all/DT ,/, he/PRP says/VBZ ,/, ``/`` Even/RB to/TO make/VB love/VB ,/, you/PRP need/VBP experience/VB ./. 
Alltel/NNP Corp./NNP said/VBD it/PRP will/MD acquire/VB the/DT 55/CD %/NN of/IN Pond/NNP Branch/NNP Telephone/NNP Company/NNP Inc./NNP 's/POS cellular/JJ franchise/NN that/IN it/PRP does/VBZ n't/RB own/VB already/RB ./. 
Terms/NNS were/VBD n't/RB disclosed/VBN ./. 
Alltel/NNP holds/VBZ 45/CD %/NN of/IN the/DT franchise/NN ,/, which/WDT has/VBZ operations/NNS in/IN Aiken/NNP ,/, S.C./NNP ,/, and/CC Augusta/NNP ,/, Ga/NNP ./. 
Alltel/NNP ,/, which/WDT provides/VBZ local/JJ telephone/NN service/NN in/IN 25/CD states/NNS ,/, said/VBD it/PRP exercised/VBD its/PRP$ right/NN of/IN first/JJ refusal/NN following/VBG an/DT offer/NN from/IN an/DT undisclosed/JJ third/JJ party/NN to/TO acquire/VB the/DT majority/NN position/NN in/IN the/DT franchise/NN ./. 
Stewart/NNP &/SYM Stevenson/NNP Services/NNPS Inc./NNP said/VBD it/PRP received/VBD two/CD contracts/NNS totaling/VBG $/$ 19/CD million/CD to/TO build/VB gas-turbine/JJ generators/NNS ./. 
The/DT separate/JJ contracts/NNS were/VBD from/IN Paragould/NNP Light/NNP &/CC Water/NNP Commission/NNP ,/, a/DT utility/NN in/IN Paragould/NNP ,/, Ark./NNP ,/, and/CC PSE/NNP Inc./NNP ,/, a/DT cogeneration-plant/NN operator/NN in/IN Houston/NNP ./. 
Stewart/NNP &/CC Stevenson/NNP makes/VBZ equipment/NN powered/VBN with/IN diesel/NN and/CC gas/NN turbines/NNS ./. 
Liberty/NNP National/NNP Bancorp/NNP said/VBD its/PRP$ acquisition/NN of/IN Florence/NNP Deposit/NNP Bank/NNP ,/, Florence/NNP ,/, Ky./NNP ,/, first/RB announced/VBN in/IN April/NNP ,/, has/VBZ been/VBN completed/VBN in/IN a/DT transaction/NN valued/VBN at/IN $/$ 13.1/CD million/CD ./. 
Liberty/NNP National/NNP exchanged/VBD about/IN 78.64/CD shares/NNS of/IN its/PRP$ common/JJ stock/NN for/IN each/DT of/IN Florence/NNP Deposit/NNP 's/POS 5,600/CD shares/NNS outstanding/JJ ./. 
Liberty/NNP National/NNP ,/, a/DT bank/NN holding/VBG company/NN ,/, has/VBZ assets/NNS exceeding/VBG $/$ 3/CD billion/CD ./. 
Hani/NNP Zayadi/NNP was/VBD appointed/VBN president/NN and/CC chief/JJ executive/NN officer/NN of/IN this/DT financially/RB troubled/JJ department/NN store/NN chain/NN ,/, effective/JJ Nov./NNP 15/CD ,/, succeeding/VBG Frank/NNP Robertson/NNP ,/, who/WP is/VBZ retiring/VBG early/RB ./. 
Mr./NNP Zayadi/NNP was/VBD previously/RB president/NN and/CC chief/JJ operating/VBG officer/NN of/IN Zellers/NNP Inc./NNP ,/, a/DT retail/JJ chain/NN that/WDT is/VBZ owned/VBN by/IN Toronto-based/JJ Hudson/NNP 's/POS Bay/NNP Co./NNP ,/, Canada/NNP 's/POS largest/JJS department/NN store/NN operator/NN ./. 
Tuesday/NNP ,/, October/NNP 31/CD ,/, 1989/CD 
The/DT key/JJ U.S./NNP and/CC foreign/JJ annual/JJ interest/NN rates/NNS below/RB are/VBP a/DT guide/NN to/TO general/JJ levels/NNS but/CC do/VBP n't/RB always/RB represent/VB actual/JJ transactions/NNS ./. 
PRIME/JJ RATE/NN :/: 10/CD 1\/2/CD %/NN ./. 
The/DT base/JJ rate/NN on/IN corporate/JJ loans/NNS at/IN large/JJ U.S./NNP money/NN center/NN commercial/JJ banks/NNS ./. 
FEDERAL/JJ FUNDS/NNS :/: 9/CD %/NN high/JJ ,/, 8/CD 13\/16/CD %/NN low/JJ ,/, 8/CD 7\/8/CD %/NN near/IN closing/NN bid/NN ,/, 8/CD 15\/16/CD %/NN offered/VBN ./. 
Reserves/NNS traded/VBD among/IN commercial/JJ banks/NNS for/IN overnight/JJ use/NN in/IN amounts/NNS of/IN $/$ 1/CD million/CD or/CC more/JJR ./. 
Source/NN :/: Fulton/NNP Prebon/NNP -LRB-/-LRB- U.S.A/NNP ./. -RRB-/-RRB- Inc/NNP ./. 
DISCOUNT/NN RATE/NN :/: 7/CD %/NN ./. 
The/DT charge/NN on/IN loans/NNS to/TO depository/NN institutions/NNS by/IN the/DT New/NNP York/NNP Federal/NNP Reserve/NNP Bank/NNP ./. 
CALL/JJ MONEY/NN :/: 9/CD 3\/4/CD %/NN to/TO 10/CD %/NN ./. 
The/DT charge/NN on/IN loans/NNS to/TO brokers/NNS on/IN stock/NN exchange/NN collateral/NN ./. 
COMMERCIAL/JJ PAPER/NN placed/VBN directly/RB by/IN General/NNP Motors/NNPS Acceptance/NNP Corp./NNP :/: 8.55/CD %/NN 30/CD to/TO 44/CD days/NNS ;/: 8.25/CD %/NN 45/CD to/TO 59/CD days/NNS ;/: 8.40/CD %/NN 60/CD to/TO 89/CD days/NNS ;/: 8/CD %/NN 90/CD to/TO 119/CD days/NNS ;/: 7.90/CD %/NN 120/CD to/TO 149/CD days/NNS ;/: 7.80/CD %/NN 150/CD to/TO 179/CD days/NNS ;/: 7.55/CD %/NN 180/CD to/TO 270/CD days/NNS ./. 
COMMERCIAL/JJ PAPER/NN :/: High-grade/JJ unsecured/JJ notes/NNS sold/VBN through/IN dealers/NNS by/IN major/JJ corporations/NNS in/IN multiples/NNS of/IN $/$ 1,000/CD :/: 8.62/CD %/NN 30/CD days/NNS ;/: 8.55/CD %/NN 60/CD days/NNS ;/: 8.45/CD %/NN 90/CD days/NNS ./. 
CERTIFICATES/NNS OF/IN DEPOSIT/NN :/: 8.09/CD %/NN one/CD month/NN ;/: 8.04/CD %/NN two/CD months/NNS ;/: 8.03/CD %/NN three/CD months/NNS ;/: 7.96/CD %/NN six/CD months/NNS ;/: 7.92/CD %/NN one/CD year/NN ./. 
Average/JJ of/IN top/JJ rates/NNS paid/VBN by/IN major/JJ New/NNP York/NNP banks/NNS on/IN primary/JJ new/JJ issues/NNS of/IN negotiable/JJ C.D.s/NNPS ,/, usually/RB on/IN amounts/NNS of/IN $/$ 1/CD million/CD and/CC more/JJR ./. 
The/DT minimum/JJ unit/NN is/VBZ $/$ 100,000/CD ./. 
Typical/JJ rates/NNS in/IN the/DT secondary/JJ market/NN :/: 8.53/CD %/NN one/CD month/NN ;/: 8.50/CD %/NN three/CD months/NNS ;/: 8.30/CD %/NN six/CD months/NNS ./. 
BANKERS/NNS ACCEPTANCES/NNS :/: 8.49/CD %/NN 30/CD days/NNS ;/: 8.44/CD %/NN 60/CD days/NNS ;/: 8.27/CD %/NN 90/CD days/NNS ;/: 8.12/CD %/NN 120/CD days/NNS ;/: 8.05/CD %/NN 150/CD days/NNS ;/: 7.98/CD %/NN 180/CD days/NNS ./. 
Negotiable/JJ ,/, bank-backed/JJ business/NN credit/NN instruments/NNS typically/RB financing/VBG an/DT import/NN order/NN ./. 
LONDON/NNP LATE/JJ EURODOLLARS/NNS :/: 8/CD 3\/4/CD %/NN to/TO 8/CD 5\/8/CD %/NN one/CD month/NN ;/: 8/CD 3\/4/CD %/NN to/TO 8/CD 5\/8/CD %/NN two/CD months/NNS ;/: 8/CD 11\/16/CD %/NN to/TO 8/CD 9\/16/CD %/NN three/CD months/NNS ;/: 8/CD 9\/16/CD %/NN to/TO 8/CD 7\/16/CD %/NN four/CD months/NNS ;/: 8/CD 1\/2/CD %/NN to/TO 8/CD 3\/8/CD %/NN five/CD months/NNS ;/: 8/CD 7\/16/CD %/NN to/TO 8/CD 5\/16/CD %/NN six/CD months/NNS ./. 
LONDON/NNP INTERBANK/NNP OFFERED/NNP RATES/NNPS -LRB-/-LRB- LIBOR/NNP -RRB-/-RRB- :/: 8/CD 3\/4/CD %/NN one/CD month/NN ;/: 8/CD 11\/16/CD %/NN three/CD months/NNS ;/: 8/CD 7\/16/CD %/NN six/CD months/NNS ;/: 8/CD 7\/16/CD %/NN one/CD year/NN ./. 
The/DT average/NN of/IN interbank/NN offered/JJ rates/NNS for/IN dollar/NN deposits/NNS in/IN the/DT London/NNP market/NN based/VBN on/IN quotations/NNS at/IN five/CD major/JJ banks/NNS ./. 
FOREIGN/JJ PRIME/JJ RATES/NNS :/: Canada/NNP 13.50/CD %/NN ;/: Germany/NNP 9/CD %/NN ;/: Japan/NNP 4.875/CD %/NN ;/: Switzerland/NNP 8.50/CD %/NN ;/: Britain/NNP 15/CD %/NN ./. 
These/DT rate/NN indications/NNS are/VBP n't/RB directly/RB comparable/JJ ;/: lending/JJ practices/NNS vary/VBP widely/RB by/IN location/NN ./. 
TREASURY/NN BILLS/NNS :/: Results/NNS of/IN the/DT Monday/NNP ,/, October/NNP 30/CD ,/, 1989/CD ,/, auction/NN of/IN short-term/JJ U.S./NNP government/NN bills/NNS ,/, sold/VBN at/IN a/DT discount/NN from/IN face/JJ value/NN in/IN units/NNS of/IN $/$ 10,000/CD to/TO $/$ 1/CD million/CD :/: 7.78/CD %/NN 13/CD weeks/NNS ;/: 7.62/CD %/NN 26/CD weeks/NNS ./. 
FEDERAL/NNP HOME/NNP LOAN/NNP MORTGAGE/NNP CORP/NNP ./. -LRB-/-LRB- Freddie/NNP Mac/NNP -RRB-/-RRB- :/: Posted/VBN yields/NNS on/IN 30-year/JJ mortgage/NN commitments/NNS for/IN delivery/NN within/IN 30/CD days/NNS ./. 
9.78/CD %/NN ,/, standard/JJ conventional/JJ fixed-rate/JJ mortgages/NNS ;/: 7.875/CD %/NN ,/, 2/CD %/NN rate/NN capped/VBD one-year/JJ adjustable/JJ rate/NN mortgages/NNS ./. 
Source/NN :/: Telerate/NNP Systems/NNPS Inc/NNP ./. 
FEDERAL/NNP NATIONAL/NNP MORTGAGE/NNP ASSOCIATION/NNP -LRB-/-LRB- Fannie/NNP Mae/NNP -RRB-/-RRB- :/: Posted/VBN yields/NNS on/IN 30/CD year/NN mortgage/NN commitments/NNS for/IN delivery/NN within/IN 30/CD days/NNS -LRB-/-LRB- priced/VBN at/IN par/JJ -RRB-/-RRB- 9.75/CD %/NN ,/, standard/JJ conventional/JJ fixed-rate/JJ mortgages/NNS ;/: 8.75/CD %/NN ,/, 6\/2/CD rate/NN capped/VBD one-year/JJ adjustable/JJ rate/NN mortgages/NNS ./. 
Source/NN :/: Telerate/NNP Systems/NNPS Inc/NNP ./. 
MERRILL/NNP LYNCH/NNP READY/NNP ASSETS/NNPS TRUST/NNP :/: 8.63/CD %/NN ./. 
Annualized/VBN average/JJ rate/NN of/IN return/NN after/IN expenses/NNS for/IN the/DT past/JJ 30/CD days/NNS ;/: not/RB a/DT forecast/NN of/IN future/JJ returns/NNS ./. 
Canada/NNP 's/POS gross/JJ domestic/JJ product/NN rose/VBD an/DT inflation-adjusted/JJ 0.3/CD %/NN in/IN August/NNP ,/, mainly/RB as/IN a/DT result/NN of/IN service-industry/NN growth/NN ,/, Statistics/NNPS Canada/NNP ,/, a/DT federal/JJ agency/NN ,/, said/VBD ./. 
The/DT August/NNP GDP/NNP was/VBD up/RB 2.4/CD %/NN from/IN its/PRP$ year-earlier/JJ level/NN ./. 
GDP/NNP is/VBZ the/DT total/JJ value/NN of/IN a/DT nation/NN 's/POS output/NN of/IN goods/NNS and/CC services/NNS ./. 
Statistics/NNPS Canada/NNP said/VBD service-industry/NN output/NN in/IN August/NNP rose/VBD 0.4/CD %/NN from/IN July/NNP ./. 
Output/NN of/IN goods-producing/JJ industries/NNS increased/VBD 0.1/CD %/NN ./. 
Separately/RB ,/, Statistics/NNPS Canada/NNP reported/VBD that/DT its/PRP$ industrial-product/NN price/NN index/NN dropped/VBD 0.2/CD %/NN in/IN September/NNP ,/, its/PRP$ third/JJ consecutive/JJ monthly/JJ decline/NN ./. 
It/PRP also/RB reported/VBD a/DT 2.6/CD %/NN decline/NN in/IN its/PRP$ raw-materials/NNS price/NN index/NN for/IN September/NNP ./. 
Columbia/NNP Pictures/NNPS Entertainment/NNP Inc./NNP was/VBD dropped/VBN ,/, effective/JJ today/NN ,/, from/IN the/DT recreational/JJ products/NNS and/CC services/NNS industry/NN group/NN of/IN the/DT Dow/NNP Jones/NNP Equity/NNP Market/NNP Index/NNP ./. 
Columbia/NNP Pictures/NNPS is/VBZ being/VBG acquired/VBN by/IN Sony/NNP Corp./NNP ,/, which/WDT is/VBZ based/VBN in/IN Japan/NNP ./. 
People/NNPS 's/POS Savings/NNPS Financial/NNP Corp./NNP said/VBD it/PRP will/MD buy/VB back/RB as/RB much/JJ as/IN 10/CD %/NN of/IN its/PRP$ 2.4/CD million/CD shares/NNS outstanding/JJ because/IN the/DT stock/NN is/VBZ undervalued/VBN ./. 
The/DT holding/VBG company/NN said/VBD it/PRP has/VBZ been/VBN ``/`` unfairly/RB associated/VBN ''/'' with/IN other/JJ banks/NNS in/IN New/NNP England/NNP that/WDT have/VBP had/VBN major/JJ loan/NN losses/NNS in/IN recent/JJ quarters/NNS ./. 
The/DT company/NN said/VBD its/PRP$ People/NNPS 's/POS Savings/NNPS Bank/NNP unit/NN does/VBZ n't/RB have/VB a/DT ``/`` large/JJ exposure/NN to/TO construction/NN and/CC commercial/JJ loans/NNS that/WDT have/VBP caused/VBN the/DT loan-loss/JJ problems/NNS in/IN many/JJ of/IN the/DT banks/NNS ./. 
A/DT seat/NN on/IN the/DT Chicago/NNP Mercantile/NNP Exchange/NNP was/VBD sold/VBN for/IN $/$ 410,000/CD ,/, down/RB $/$ 6,000/CD from/IN the/DT previous/JJ sale/NN Oct/NNP ./. 
Seats/NNS currently/RB are/VBP quoted/VBN at/IN $/$ 400,000/CD bid/NN ,/, $/$ 425,000/CD asked/VBN ./. 
The/DT record/NN price/NN for/IN a/DT full/JJ membership/NN on/IN the/DT exchange/NN is/VBZ $/$ 550,000/CD ,/, set/VBN March/NNP 9/CD ./. 
In/IN a/DT surprise/NN move/NN ,/, the/DT British/JJ government/NN cleared/VBD the/DT way/NN for/IN a/DT bidding/JJ war/NN for/IN Jaguar/NNP PLC/NNP by/IN agreeing/VBG to/TO remove/VB an/DT obstacle/NN to/TO a/DT takeover/NN of/IN the/DT auto/NN maker/NN ./. 
Trade/NNP and/CC Industry/NNP Secretary/NNP Nicholas/NNP Ridley/NNP told/VBD the/DT House/NNP of/IN Commons/NNPS yesterday/NN that/IN he/PRP will/MD relinquish/VB the/DT government/NN 's/POS so-called/JJ golden/JJ share/NN in/IN the/DT company/NN as/RB long/RB as/IN Jaguar/NNP shareholders/NNS agree/VBP ./. 
The/DT golden/JJ share/NN restricts/VBZ any/DT individual/JJ holding/NN to/TO 15/CD %/NN and/CC expires/VBZ at/IN the/DT end/NN of/IN 1990/CD ./. 
It/PRP was/VBD in/IN Jaguar/NNP 's/POS best/JJS interests/NNS ``/`` for/IN the/DT company/NN 's/POS future/NN to/TO be/VB assured/VBN and/CC the/DT present/JJ climate/NN of/IN uncertainty/NN resolved/VBN as/RB quickly/RB as/IN possible/JJ ,/, ''/'' Mr./NNP Ridley/NNP said/VBD ./. 
Mr./NNP Ridley/NNP 's/POS decision/NN fires/VBZ the/DT starting/JJ pistol/NN for/IN perhaps/RB a/DT costly/JJ contest/NN between/IN the/DT world/NN 's/POS auto/NN giants/NNS for/IN Britain/NNP 's/POS leading/JJ luxury-car/NN maker/NN ./. 
Both/DT General/NNP Motors/NNPS Corp./NNP and/CC Ford/NNP Motor/NNP Co./NNP have/VBP been/VBN trying/VBG to/TO amass/VB 15/CD %/JJ stakes/NNS in/IN Jaguar/NNP ./. 
Ford/NNP ,/, which/WDT already/RB has/VBZ an/DT unwelcome/JJ 13.2/CD %/NN holding/NN ,/, is/VBZ prepared/JJ to/TO bid/VB for/IN the/DT entire/JJ company/NN and/CC had/VBD lobbied/VBN the/DT government/NN to/TO lift/VB the/DT takeover/NN restrictions/NNS early/RB ./. 
GM/NNP has/VBZ been/VBN negotiating/VBG a/DT friendly/JJ transaction/NN with/IN Jaguar/NNP that/WDT likely/RB would/MD involve/VB joint/JJ ventures/NNS and/CC an/DT eventual/JJ stake/NN of/IN just/RB under/IN 30/CD %/NN ./. 
But/CC the/DT government/NN 's/POS action/NN ,/, which/WDT caught/VBD Jaguar/NNP management/NN flat-footed/RB ,/, may/MD scuttle/VB the/DT GM/NNP minority/NN deal/NN by/IN forcing/VBG it/PRP to/TO fight/VB for/IN all/DT of/IN Jaguar/NNP ./. 
``/`` I/PRP ca/MD n't/RB believe/VB they/PRP -LRB-/-LRB- GM/NNP -RRB-/-RRB- will/MD let/VB Ford/NNP have/VB a/DT free/JJ run/NN ,/, ''/'' said/VBD Stephen/NNP Reitman/NNP ,/, a/DT European/JJ auto/NN industry/NN analyst/NN at/IN UBS-Phillips/NNP &/CC Drew/NNP ./. 
``/`` I/PRP am/VBP sure/JJ they/PRP will/MD be/VB going/VBG for/IN a/DT full/JJ bid/NN ./. ''/'' 
Many/JJ investors/NNS certainly/RB believe/VBP a/DT bidding/JJ war/NN is/VBZ imminent/JJ ./. 
Jaguar/NNP shares/NNS skyrocketed/VBD yesterday/NN after/IN Mr./NNP Ridley/NNP 's/POS announcement/NN ,/, following/VBG their/PRP$ temporary/JJ suspension/NN on/IN London/NNP 's/POS Stock/NNP Exchange/NNP ./. 
In/IN late/JJ trading/NN ,/, the/DT shares/NNS were/VBD up/RB a/DT whopping/JJ 122/CD pence/NN -LRB-/-LRB- $/$ 1.93/CD -RRB-/-RRB- --/: a/DT 16.3/CD %/NN gain/NN --/: to/TO a/DT record/NN 869/CD pence/NN on/IN very/RB heavy/JJ volume/NN of/IN 9.7/CD million/CD shares/NNS ./. 
In/IN the/DT U.S./NNP over-the-counter/JJ market/NN ,/, Jaguar/NNP shares/NNS trading/VBG as/IN American/NNP Depositary/NNP Receipts/NNPS closed/VBD at/IN $/$ 13.625/CD ,/, up/RB $/$ 1.75/CD ./. 
Analysts/NNS expect/VBP Ford/NNP will/MD make/VB the/DT first/JJ move/NN ,/, perhaps/RB today/NN ,/, with/IN an/DT initial/JJ offer/NN of/IN about/IN 900/CD pence/NN -LRB-/-LRB- $/$ 14.25/CD -RRB-/-RRB- a/DT share/NN ./. 
Such/JJ a/DT proposal/NN values/VBZ Jaguar/NNP at/IN more/JJR than/IN #/# 1.6/CD billion/CD -LRB-/-LRB- $/$ 2.53/CD billion/CD -RRB-/-RRB- ./. 
Speculation/NN about/IN a/DT takeover/NN fight/NN has/VBZ sent/VBN Jaguar/NNP shares/NNS soaring/VBG in/IN the/DT past/JJ six/CD weeks/NNS ./. 
The/DT share/NN price/NN was/VBD languishing/VBG at/IN about/IN 400/CD pence/NN before/IN Ford/NNP 's/POS Sept./NNP 19/CD announcement/NN of/IN its/PRP$ interest/NN in/IN a/DT minority/NN stake/NN ./. 
Ford/NNP is/VBZ ``/`` in/IN the/DT driving/JJ seat/NN at/IN the/DT moment/NN ,/, ''/'' observed/VBD Bob/NNP Barber/NNP ,/, an/DT auto/NN analyst/NN at/IN brokers/NNS James/NNP Capel/NNP &/CC Co/NNP ./. 
An/DT aggressive/JJ Ford/NNP bid/NN for/IN Jaguar/NNP would/MD put/VB pressure/NN on/IN GM/NNP to/TO make/VB a/DT better/JJR offer/NN as/IN the/DT British/JJ company/NN 's/POS ``/`` white/JJ knight/NN ./. ''/'' 
Such/JJ a/DT countermove/NN could/MD end/VB Jaguar/NNP 's/POS hopes/NNS for/IN remaining/VBG independent/JJ and/CC British-owned/JJ ./. 
But/CC it/PRP is/VBZ n't/RB clear/JJ how/WRB long/JJ GM/NNP would/MD be/VB willing/JJ to/TO fight/VB Ford/NNP for/IN Jaguar/NNP ./. 
Because/IN of/IN their/PRP$ longstanding/JJ rivalry/NN ,/, GM/NNP just/RB ``/`` wants/VBZ to/TO make/VB sure/JJ Ford/NNP pays/VBZ a/DT huge/JJ packet/NN for/IN -LRB-/-LRB- Jaguar/NNP -RRB-/-RRB- ,/, ''/'' said/VBD John/NNP Lawson/NNP ,/, an/DT auto/NN analyst/NN at/IN London/NNP 's/POS Nomura/NNP Research/NNP Institute/NNP ./. 
People/NNS close/RB to/TO the/DT GM-Jaguar/JJ talks/NNS agreed/VBD that/IN Ford/NNP now/RB may/MD be/VB able/JJ to/TO shut/VB out/RP General/NNP Motors/NNPS ./. 
``/`` It/PRP 's/VBZ either/CC going/VBG to/TO be/VB a/DT shootout/NN ,/, or/CC there/EX only/RB may/MD be/VB one/CD player/NN in/IN town/NN ,/, ''/'' one/CD person/NN said/VBD ./. 
Another/DT person/NN close/JJ to/TO the/DT talks/NNS said/VBD ,/, ``/`` It/PRP is/VBZ very/RB hard/JJ to/TO justify/VB paying/VBG a/DT silly/JJ price/NN for/IN Jaguar/NNP if/IN an/DT out-and-out/JJ bidding/JJ war/NN were/VBD to/TO start/VB now/RB ./. ''/'' 
In/IN a/DT statement/NN ,/, Jaguar/NNP 's/POS board/NN said/VBD they/PRP ``/`` were/VBD not/RB consulted/VBN about/IN the/DT -LRB-/-LRB- Ridley/NNP decision/NN -RRB-/-RRB- in/IN advance/NN and/CC were/VBD surprised/VBN at/IN the/DT action/NN taken/VBN ./. ''/'' 
The/DT statement/NN emphasized/VBD that/IN holders/NNS representing/VBG 75/CD %/NN of/IN the/DT shares/NNS voting/VBG at/IN a/DT special/JJ shareholders/NNS '/POS meeting/NN must/MD agree/VB to/TO lift/VB the/DT takeover/NN restrictions/NNS ./. 
Jaguar/NNP officials/NNS in/IN the/DT U.S./NNP noted/VBD that/IN Ford/NNP ,/, as/IN Jaguar/NNP 's/POS largest/JJS shareholder/NN ,/, now/RB has/VBZ the/DT power/NN to/TO call/VB for/IN such/JJ a/DT meeting/NN ./. 
U.S./NNP auto/NN analysts/NNS also/RB noted/VBD that/IN Ford/NNP is/VBZ in/IN the/DT best/JJS position/NN to/TO benefit/VB from/IN the/DT large/JJ number/NN of/IN Jaguar/NNP shares/NNS that/WDT have/VBP moved/VBN over/IN the/DT past/JJ month/NN into/IN the/DT hands/NNS of/IN arbitragers/NNS waiting/VBG for/IN the/DT highest/JJS takeover/NN bid/NN ./. 
Jaguar/NNP 's/POS own/JJ defenses/NNS against/IN a/DT hostile/JJ bid/NN are/VBP weakened/VBN ,/, analysts/NNS add/VBP ,/, because/IN fewer/JJR than/IN 3/CD %/NN of/IN its/PRP$ shares/NNS are/VBP owned/VBN by/IN employees/NNS and/CC management/NN ./. 
Ford/NNP officials/NNS in/IN the/DT U.S./NNP declined/VBD to/TO comment/VB on/IN the/DT British/JJ government/NN 's/POS action/NN or/CC on/IN any/DT plans/NNS to/TO call/VB a/DT special/JJ Jaguar/NNP shareholders/NNS meeting/NN ./. 
But/CC GM/NNP officials/NNS said/VBD they/PRP ,/, too/RB ,/, were/VBD surprised/VBN by/IN the/DT move/NN ,/, which/WDT left/VBD them/PRP to/TO ``/`` consider/VB all/DT our/PRP$ options/NNS and/CC explore/VB matters/NNS further/RBR ./. ''/'' 
Although/IN GM/NNP has/VBZ U.S./NNP approval/NN to/TO buy/VB up/IN to/TO 15/CD %/NN of/IN Jaguar/NNP 's/POS stock/NN ,/, it/PRP has/VBZ n't/RB yet/RB disclosed/VBN how/WRB many/JJ shares/NNS it/PRP now/RB owns/VBZ ./. 
In/IN a/DT prepared/JJ statement/NN ,/, GM/NNP suggested/VBD its/PRP$ plans/NNS for/IN Jaguar/NNP would/MD be/VB more/RBR valuable/JJ in/IN the/DT long/JJ run/NN than/IN the/DT initial/JJ windfalls/NNS investors/NNS might/MD reap/VB from/IN a/DT hostile/JJ Ford/NNP bid/NN ./. 
``/`` Our/PRP$ intensive/JJ discussions/NNS with/IN Jaguar/NNP ,/, at/IN their/PRP$ invitation/NN ,/, ''/'' GM/NNP said/VBD ,/, ``/`` have/VBP as/RB their/PRP$ objectives/NNS to/TO create/VB a/DT cooperative/JJ business/NN relationship/NN with/IN Jaguar/NNP that/WDT would/MD provide/VB for/IN the/DT continued/JJ independence/NN of/IN this/DT great/JJ British/JJ car/NN company/NN ,/, to/TO ensure/VB a/DT secure/JJ future/NN for/IN its/PRP$ employees/NNS and/CC to/TO provide/VB an/DT attractive/JJ long-term/JJ return/NN for/IN its/PRP$ shareholders/NNS ./. ''/'' 
Jaguar/NNP was/VBD shocked/VBN by/IN Mr./NNP Ridley/NNP 's/POS decision/NN ,/, because/IN management/NN had/VBD believed/VBN the/DT government/NN would/MD n't/RB lift/VB the/DT golden/JJ share/NN without/IN consulting/VBG the/DT company/NN first/RB ./. 
Indeed/RB ,/, the/DT government/NN is/VBZ taking/VBG a/DT calculated/JJ risk/NN ./. 
Mr./NNP Ridley/NNP 's/POS announcement/NN set/VBN off/RP a/DT howl/NN of/IN protests/NNS from/IN members/NNS of/IN the/DT opposition/NN Labor/NNP Party/NNP ,/, who/WP accused/VBD the/DT Thatcher/NNP administration/NN of/IN backing/VBG down/RB on/IN promised/JJ protection/NN for/IN a/DT privatized/JJ company/NN ./. 
The/DT British/JJ government/NN retained/VBD the/DT single/JJ golden/JJ share/NN after/IN selling/VBG its/PRP$ stake/NN in/IN Jaguar/NNP in/IN 
The/DT Conservative/JJ government/NN 's/POS decision/NN may/MD reflect/VB its/PRP$ desire/NN to/TO shed/VB a/DT politically/RB sensitive/JJ issue/NN well/RB before/IN the/DT next/JJ election/NN ,/, expected/VBN in/IN late/JJ 1991/CD ./. 
``/`` It/PRP 's/VBZ now/RB a/DT very/RB good/JJ time/NN politically/RB to/TO get/VB this/DT over/RB and/CC done/RB with/IN ,/, ''/'' observed/VBD Daniel/NNP Jones/NNP ,/, professor/NN of/IN motor/NN industry/NN management/NN at/IN the/DT University/NNP of/IN Cardiff/NNP in/IN Wales/NNP ./. 
The/DT government/NN ,/, already/RB buffeted/VBN by/IN high/JJ interest/NN rates/NNS and/CC a/DT slowing/VBG economy/NN ,/, has/VBZ been/VBN badly/RB hurt/VBN by/IN last/JJ week/NN 's/POS shake-up/NN in/IN Mrs./NNP Thatcher/NNP 's/POS cabinet/NN ./. 
At/IN the/DT same/JJ time/NN ,/, the/DT government/NN did/VBD n't/RB want/VB to/TO appear/VB to/TO favor/VB GM/NNP by/IN allowing/VBG a/DT minority/NN stake/NN that/WDT might/MD preclude/VB a/DT full/JJ bid/NN by/IN Ford/NNP ./. 
Mr./NNP Ridley/NNP hinted/VBD at/IN this/DT motive/NN in/IN answering/VBG questions/NNS from/IN members/NNS of/IN Parliament/NNP after/IN his/PRP$ announcement/NN ./. 
He/PRP said/VBD he/PRP was/VBD giving/VBG up/RP the/DT golden/JJ share/NN ``/`` to/TO clear/VB the/DT way/NN so/IN the/DT playing/NN field/NN is/VBZ level/JJ between/IN all/DT contestants/NNS ./. ''/'' 
Bradley/NNP A./NN Stertz/NNP in/IN Detroit/NNP contributed/VBD to/TO this/DT article/NN ./. 
Dow/NNP Chemical/NNP Co./NNP ,/, Midland/NNP ,/, Mich./NNP ,/, and/CC Eli/NNP Lilly/NNP &/CC Co./NNP ,/, Indianapolis/NNP ,/, said/VBD they/PRP completed/VBD the/DT formation/NN of/IN Dow/NNP Elanco/NNP ,/, a/DT joint/JJ venture/NN combining/VBG their/PRP$ plant-sciences/JJ businesses/NNS as/RB well/RB as/IN Dow/NNP 's/POS industrial/JJ pest-control/JJ business/NN ./. 
The/DT companies/NNS said/VBD Dow/NNP Elanco/NNP will/MD be/VB the/DT largest/JJS research-based/JJ agricultural/JJ concern/NN in/IN North/NNP America/NNP ,/, with/IN projected/VBN first-year/JJ revenue/NN of/IN $/$ 1.5/CD billion/CD ./. 
Dow/NNP will/MD own/VB 60/CD %/NN of/IN the/DT venture/NN ,/, with/IN Eli/NNP Lilly/NNP holding/VBG the/DT rest/NN ./. 
The/DT venture/NN will/MD be/VB based/VBN in/IN Indianapolis/NNP ./. 
William/NNP A./NN Wise/NNP ,/, 44/CD years/NNS old/JJ ,/, president/NN of/IN the/DT El/NNP Paso/NNP Natural/NNP Gas/NNP Co./NNP unit/NN of/IN this/DT energy/NN and/CC natural-resources/NNS concern/NN ,/, was/VBD named/VBN to/TO the/DT additional/JJ post/NN of/IN chief/JJ executive/NN officer/NN ,/, succeeding/VBG Travis/NNP H./NNP Petty/NNP ,/, 61/CD ,/, who/WP continues/VBZ as/IN a/DT vice/NN chairman/NN of/IN the/DT parent/NN ./. 
Erwin/NNP Tomash/NNP ,/, the/DT 67-year-old/JJ founder/NN of/IN this/DT maker/NN of/IN data/NNS communications/NNS products/NNS and/CC a/DT former/JJ chairman/NN and/CC chief/JJ executive/NN ,/, resigned/VBD as/IN a/DT director/NN ./. 
Dataproducts/NNPS is/VBZ fighting/VBG a/DT hostile/JJ tender/NN offer/NN by/IN DPC/NNP Acquisition/NNP Partners/NNPS ,/, a/DT group/NN led/VBN by/IN New/NNP York-based/JJ Crescott/NNP Investments/NNPS Associates/NNPS ./. 
Under/IN the/DT circumstances/NNS ,/, Dataproducts/NNPS said/VBD ,/, Mr./NNP Tomash/NNP said/VBD he/PRP was/VBD unable/JJ to/TO devote/VB the/DT time/NN required/JJ because/RB of/IN other/JJ commitments/NNS ./. 
Mr./NNP Tomash/NNP will/MD remain/VB as/IN a/DT director/NN emeritus/NN ./. 
The/DT company/NN had/VBD no/DT comment/NN on/IN whether/IN a/DT replacement/NN would/MD be/VB named/VBN ./. 
Robert/NNP Q./NNP Marston/NNP ,/, president/NN emeritus/NN ,/, University/NNP of/IN Florida/NNP ,/, and/CC a/DT director/NN of/IN this/DT maker/NN of/IN medical/JJ devices/NNS ,/, was/VBD named/VBN chairman/NN ./. 
Dr./NNP Marston/NNP ,/, 66/CD years/NNS old/JJ ,/, succeeds/VBZ Alexander/NNP T./NNP Daignault/NNP ,/, 72/CD ,/, who/WP did/VBD n't/RB stand/VB for/IN re-election/NN due/JJ to/TO mandatory/JJ board/NN retirement/NN policy/NN ./. 
SFE/NNP Technologies/NNPS said/VBD William/NNP P./NNP Kuehn/NNP was/VBD elected/VBN chairman/NN and/CC chief/JJ executive/JJ officer/NN of/IN this/DT troubled/JJ electronics/NN parts/NNS maker/NN ./. 
The/DT 45-year-old/JJ Mr./NNP Kuehn/NNP ,/, who/WP has/VBZ a/DT background/NN in/IN crisis/NN management/NN ,/, succeeds/VBZ Alan/NNP D./NNP Rubendall/NNP ,/, 45/CD ./. 
Jerome/NNP J./NNP Jahn/NNP ,/, executive/NN vice/NN president/NN and/CC chief/JJ financial/JJ officer/NN ,/, said/VBD Mr./NNP Rubendall/NNP was/VBD resigning/VBG by/IN ``/`` mutual/JJ agreement/NN ''/'' with/IN the/DT board/NN ./. 
``/`` He/PRP is/VBZ going/VBG to/TO pursue/VB other/JJ interests/NNS ,/, ''/'' Mr./NNP Jahn/NNP said/VBD ./. 
Mr./NNP Rubendall/NNP could/MD n't/RB be/VB reached/VBN ./. 
Mr./NNP Kuehn/NNP ,/, the/DT company/NN said/VBD ,/, will/MD retain/VB the/DT rest/NN of/IN the/DT current/JJ management/NN team/NN ./. 
For/IN the/DT nine/CD months/NNS ended/VBN July/NNP 29/CD ,/, SFE/NNP Technologies/NNPS reported/VBD a/DT net/JJ loss/NN of/IN $/$ 889,000/CD on/IN sales/NNS of/IN $/$ 23.4/CD million/CD ./. 
That/IN compared/VBN with/IN an/DT operating/NN loss/NN of/IN $/$ 1.9/CD million/CD on/IN sales/NNS of/IN $/$ 27.4/CD million/CD in/IN the/DT year-earlier/JJ period/NN ./. 
In/IN national/JJ over-the-counter/JJ trading/NN ,/, SFE/NNP Technologies/NNPS shares/NNS closed/VBD yesterday/NN at/IN 31.25/CD cents/NNS a/DT share/NN ,/, up/RB 6.25/CD cents/NNS ./. 
Sales/NNS of/IN new/JJ cars/NNS in/IN Europe/NNP fell/VBD 4.2/CD %/NN in/IN September/NNP from/IN a/DT year/NN earlier/RB and/CC analysts/NNS say/VBP the/DT market/NN could/MD continue/VB to/TO soften/VB in/IN the/DT months/NNS ahead/RB ./. 
After/IN a/DT stronger-than-expected/JJ pace/NN early/RB this/DT year/NN ,/, analysts/NNS say/VBP the/DT market/NN ,/, after/IN a/DT series/NN of/IN sharp/JJ swings/NNS in/IN recent/JJ months/NNS ,/, now/RB shows/VBZ signs/NNS of/IN retreating/VBG ./. 
Statistics/NNS from/IN 12/CD countries/NNS which/WDT normally/RB account/VBP for/IN 94/CD %/NN of/IN non-communist/JJ Europe/NNP 's/POS passenger/NN car/NN sales/NNS showed/VBD new/JJ car/NN registrations/NNS totaled/VBD 911,606/CD in/IN September/NNP ,/, down/RB 21/CD %/NN from/IN August/NNP and/CC down/RB 4.2/CD %/NN for/IN the/DT year/NN to/TO date/NN ./. 
Tokyo/NNP stocks/NNS rebounded/VBD Tuesday/NNP from/IN two/CD consecutive/JJ daily/JJ losses/NNS in/IN relatively/RB active/JJ dealings/NNS ./. 
London/NNP shares/NNS also/RB rose/VBD ,/, while/IN trading/NN in/IN Frankfurt/NNP ,/, West/NNP Germany/NNP ,/, ended/VBD higher/RBR ./. 
In/IN Tokyo/NNP ,/, the/DT Nikkei/NNP index/NN of/IN 225/CD selected/VBN issues/NNS was/VBD up/RB 132.00/CD points/NNS to/TO 35549.44/CD ./. 
The/DT index/NN fell/VBD 109.85/CD Monday/NNP ./. 
Volume/NN on/IN the/DT First/JJ Section/NN was/VBD estimated/VBN at/IN 900/CD million/CD shares/NNS ,/, up/RB from/IN 582/CD million/CD shares/NNS Monday/NNP ./. 
Advancing/VBG issues/NNS outnumbered/VBD decliners/NNS 542/CD to/TO 362/CD ,/, while/IN 208/CD issues/NNS were/VBD unchanged/JJ ./. 
Small-lot/JJ buying/NN targeted/VBN at/IN incentive-backed/JJ issues/NNS pushed/VBN up/RP the/DT Nikkei/NNP ./. 
But/CC other/JJ sectors/NNS failed/VBD to/TO attract/VB investor/NN interest/NN and/CC remained/VBD sluggish/JJ ,/, making/VBG overall/JJ trading/NN appear/VB mixed/JJ ./. 
Individuals/NNS and/CC corporations/NNS ,/, as/RB well/RB as/IN dealers/NNS trading/VBG for/IN their/PRP$ own/JJ account/NN ,/, actively/RB bought/VBD Tuesday/NNP ./. 
An/DT official/NN at/IN Wako/NNP Securities/NNPS said/VBD these/DT investors/NNS feel/VBP the/DT need/NN to/TO make/VB quick/JJ profits/NNS ,/, despite/IN destabilizing/JJ external/JJ factors/NNS ,/, such/JJ as/IN political/JJ uncertainty/NN tied/VBN to/TO the/DT ruling/VBG party/NN 's/POS fate/NN at/IN next/JJ year/NN 's/POS Lower/NNP House/NNP elections/NNS -/: an/DT event/NN which/WDT could/MD directly/RB affect/VB the/DT stock/NN market/NN ./. 
The/DT Tokyo/NNP Stock/NNP Price/NNP Index/NNP of/IN all/DT issues/NNS listed/VBN in/IN the/DT First/JJ Section/NN ,/, which/WDT declined/VBD 5.16/CD on/IN Monday/NNP ,/, was/VBD up/RB 16.05/CD ,/, or/CC 0.60/CD %/NN ,/, at/IN 2692.65/CD on/IN Tuesday/NNP ./. 
The/DT Second/JJ Section/NN index/NN ,/, which/WDT fell/VBD 21.44/CD points/NNS Monday/NNP ,/, was/VBD up/RB 6.84/CD points/NNS ,/, or/CC 0.19/CD %/NN ,/, to/TO close/VB at/IN 3642.90/CD ./. 
Second/JJ Section/NN volume/NN was/VBD estimated/VBN at/IN 14/CD million/CD shares/NNS ,/, unchanged/JJ from/IN Monday/NNP ./. 
Institutional/JJ investors/NNS mostly/RB remained/VBD on/IN the/DT sidelines/NNS Tuesday/NNP ./. 
A/DT fund/NN manager/NN at/IN a/DT life-insurance/NN company/NN said/VBD three/CD factors/NNS make/VBP it/PRP difficult/JJ to/TO read/VB market/NN direction/NN ./. 
First/LS ,/, he/PRP said/VBD ,/, domestic/JJ interest/NN rates/NNS are/VBP likely/JJ to/TO stay/VB at/IN higher/JJR levels/NNS as/IN increased/JJ anticipation/NN of/IN inflation/NN followed/VBD rising/VBG consumer/NN prices/NNS reported/VBN last/JJ week/NN ./. 
Second/LS ,/, the/DT dollar/NN is/VBZ showing/VBG persistent/JJ strength/NN despite/IN a/DT slowdown/NN in/IN the/DT U.S./NNP economy/NN shown/VBN by/IN economic/JJ indicators/NNS ./. 
Third/LS ,/, oil/NN prices/NNS have/VBP n't/RB declined/VBN although/IN supply/NN has/VBZ been/VBN increasing/VBG ./. 
The/DT topic/NN that/WDT attracted/VBD participants/NNS '/POS attention/NN was/VBD Mitsubishi/NNP Estate/NNP 's/POS purchase/NN of/IN 51/CD %/NN of/IN Rockefeller/NNP Center/NNP Properties/NNPS ,/, announced/VBD late/JJ Monday/NNP in/IN New/NNP York/NNP ./. 
Mitsubishi/NNP Estate/NNP ended/VBD the/DT day/NN at/IN 2680/CD ,/, up/RB 150/CD ./. 
The/DT gains/NNS also/RB sparked/VBD buying/NN interest/NN in/IN other/JJ real-estate/NN companies/NNS ,/, traders/NNS said/VBD ./. 
Sumitomo/NNP Realty/NNP &/CC Development/NNP rose/VBD 40/CD to/TO 2170/CD ./. 
Heiwa/NNP Real/NNP Estate/NNP gained/VBD 40/CD to/TO 2210/CD ./. 
Investor/NN focus/NN shifted/VBD quickly/RB ,/, traders/NNS said/VBD ./. 
Many/JJ of/IN the/DT morning-session/NN winners/NNS turned/VBD out/RP to/TO be/VB losers/NNS by/IN afternoon/NN ./. 
In/IN other/JJ stock-market/NN news/NN ,/, the/DT Tokyo/NNP Stock/NNP Exchange/NNP said/VBD that/IN for/IN the/DT week/NN ended/VBN Friday/NNP ,/, the/DT balance/NN of/IN margin/JJ buying/NN rose/VBD 189.8/CD billion/CD yen/NNS -LRB-/-LRB- $/$ 1.34/CD billion/CD -RRB-/-RRB- ,/, to/TO 7.160/CD trillion/CD yen/NNS -LRB-/-LRB- $/$ 50.46/CD billion/CD -RRB-/-RRB- ./. 
The/DT balance/NN of/IN short/JJ positions/NNS outstanding/JJ fell/VBD 159.7/CD billion/CD yen/NNS ,/, to/TO 779.8/CD billion/CD yen/NNS ./. 
In/IN London/NNP ,/, prices/NNS finished/VBD at/IN intraday/JJ peaks/NNS ,/, comforted/VBN by/IN a/DT reassuring/JJ early/JJ performance/NN on/IN Wall/NNP Street/NNP and/CC news/NN that/IN the/DT British/JJ government/NN will/MD waive/VB its/PRP$ ``/`` golden/JJ share/NN ''/'' in/IN auto/NN maker/NN Jaguar/NNP ./. 
But/CC trading/NN was/VBD very/RB sketchy/JJ ,/, as/IN investment/NN decision/NN makers/NNS remain/VBP wary/JJ from/IN gyrations/NNS and/CC upsets/NNS of/IN recent/JJ weeks/NNS ./. 
``/`` Volume/NN has/VBZ been/VBN appalling/JJ ,/, ''/'' said/VBD a/DT dealer/NN at/IN a/DT British/JJ brokerage/NN concern/NN ./. 
``/`` The/DT market/NN was/VBD dragged/VBN up/RB by/IN the/DT scruff/NN of/IN its/PRP$ neck/NN by/IN Wall/NNP Street/NNP and/CC by/IN market/NN makers/NNS getting/VBG caught/VBN short/JJ ./. 
No/DT one/NN wants/VBZ stock/NN on/IN their/PRP$ books/NNS ./. ''/'' 
Meanwhile/RB ,/, the/DT broad-based/JJ Financial/NNP Times/NNP 100-share/JJ index/NN added/VBD 30.4/CD points/NNS to/TO end/VB at/IN 2142.6/CD ,/, while/IN reaching/VBG its/PRP$ minimum/NN of/IN 2120.5/CD a/DT half/JJ hour/NN into/IN the/DT session/NN ./. 
At/IN the/DT close/NN ,/, the/DT narrower/JJR 30-share/JJ index/NN was/VBD up/RB 19.7/CD points/NNS to/TO 1721.4/CD ./. 
Volume/NN totaled/VBD a/DT modest/JJ 334.5/CD million/CD shares/NNS ,/, up/RB from/IN 257.8/CD million/CD shares/NNS Monday/NNP ./. 
The/DT market/NN also/RB moved/VBD at/IN early/JJ afternoon/NN on/IN news/NN that/IN Jaguar/NNP shares/NNS were/VBD being/VBG temporarily/RB suspended/VBN at/IN 746/CD pence/NN -LRB-/-LRB- $/$ 11.80/CD -RRB-/-RRB- each/DT ./. 
Secretary/NNP of/IN State/NNP for/IN Trade/NNP and/CC Industry/NNP Nicholas/NNP Ridley/NNP said/VBD later/RBR in/IN the/DT day/NN that/IN the/DT government/NN would/MD abolish/VB its/PRP$ golden/JJ share/NN in/IN Jaguar/NNP ,/, the/DT luxury/NN auto/NN maker/NN being/VBG stalked/VBN by/IN General/NNP Motors/NNPS and/CC Ford/NNP Motor/NNP ./. 
The/DT golden/JJ share/NN dates/NNS from/IN Jaguar/NNP 's/POS public/JJ offering/NN in/IN 1984/CD and/CC was/VBD designed/VBN to/TO protect/VB the/DT company/NN from/IN takeover/NN ./. 
The/DT golden/JJ share/NN was/VBD scheduled/VBN to/TO expire/VB at/IN the/DT beginning/NN of/IN 
But/CC although/IN the/DT golden/JJ share/NN has/VBZ been/VBN waived/VBN ,/, a/DT hostile/JJ bidder/NN for/IN Jaguar/NNP would/MD still/RB have/VB to/TO alter/VB the/DT British/JJ concern/NN 's/POS articles/NNS of/IN association/NN which/WDT ban/VBP shareholdings/NNS of/IN more/JJR than/IN 15/CD %/NN ./. 
Jaguar/NNP shares/NNS closed/VBD at/IN 869/CD pence/NN ,/, up/RB 122/CD pence/NN ,/, on/IN hefty/JJ turnover/NN of/IN 9.7/CD million/CD shares/NNS ./. 
As/IN the/DT London/NNP trading/NN session/NN drew/VBD to/TO a/DT close/NN ,/, the/DT market/NN was/VBD still/RB listening/VBG to/TO the/DT parliamentary/JJ debate/NN on/IN the/DT economy/NN ,/, with/IN new/JJ Chancellor/NNP of/IN the/DT Exchequer/NNP John/NNP Major/NNP expected/VBN to/TO clarify/VB his/PRP$ approach/NN to/TO the/DT British/JJ economy/NN and/CC currency/NN issues/NNS ./. 
On/IN the/DT Frankfurt/NNP Stock/NNP Exchange/NNP ,/, share/NN prices/NNS closed/VBD higher/JJR in/IN fairly/RB thin/JJ trading/NN ,/, as/IN selective/JJ buying/NN by/IN foreigners/NNS helped/VBD propel/VB prices/NNS ./. 
The/DT DAX/NNP index/NN closed/VBD at/IN 1472.76/CD ,/, up/RB from/IN 1466.29/CD ./. 
Despite/IN the/DT modest/JJ gains/NNS ,/, traders/NNS said/VBD the/DT market/NN remains/VBZ dull/JJ ,/, with/IN investors/NNS remaining/VBG cautiously/RB on/IN the/DT sidelines/NNS ./. 
Contributing/VBG to/TO the/DT market/NN 's/POS reserved/JJ stance/NN was/VBD the/DT release/NN later/RBR in/IN the/DT day/NN of/IN new/JJ data/NNS on/IN the/DT health/NN of/IN the/DT U.S./NNP economy/NN ,/, in/IN the/DT form/NN of/IN the/DT U.S./NNP index/NN of/IN leading/VBG indicators/NNS ./. 
Additionally/RB ,/, the/DT end/NN of/IN the/DT month/NN position-squaring/NN might/MD have/VB also/RB played/VBN a/DT minor/JJ role/NN ,/, traders/NNS said/VBD ./. 
Elsewhere/RB ,/, share/NN prices/NNS closed/VBD higher/RBR in/IN Amsterdam/NNP ,/, Brussels/NNP ,/, Milan/NNP and/CC Paris/NNP ./. 
Prices/NNS were/VBD mixed/JJ in/IN Zurich/NNP and/CC lower/JJR in/IN Stockholm/NNP ./. 
Stocks/NNS closed/VBD higher/RBR in/IN Hong/NNP Kong/NNP ,/, Manila/NNP ,/, Singapore/NNP ,/, Sydney/NNP and/CC Wellington/NNP ,/, but/CC were/VBD lower/JJR in/IN Seoul/NNP ./. 
Taipei/NNP was/VBD closed/VBN for/IN a/DT holiday/NN ./. 
Here/RB are/VBP price/NN trends/NNS on/IN the/DT world/NN 's/POS major/JJ stock/NN markets/NNS ,/, as/IN calculated/VBN by/IN Morgan/NNP Stanley/NNP Capital/NNP International/NNP Perspective/NNP ,/, Geneva/NNP ./. 
To/TO make/VB them/PRP directly/RB comparable/JJ ,/, each/DT index/NN is/VBZ based/VBN on/IN the/DT close/NN of/IN 1969/CD equaling/VBG 100/CD ./. 
The/DT percentage/NN change/NN is/VBZ since/IN year-end/NN ./. 
French/JJ consumer/NN prices/NNS rose/VBD 0.2/CD %/NN in/IN September/NNP from/IN the/DT previous/JJ month/NN and/CC were/VBD up/RB 3.4/CD %/NN from/IN a/DT year/NN earlier/RB ,/, according/VBG to/TO definitive/JJ figures/NNS from/IN the/DT National/NNP Statistics/NNPS Institute/NNP ./. 
The/DT state/NN agency/NN 's/POS figures/NNS confirm/VBP previous/JJ estimates/NNS and/CC leave/VBP the/DT index/NN at/IN 178.9/CD ,/, up/RB from/IN 178.5/CD in/IN August/NNP and/CC 173.1/CD a/DT year/NN earlier/RB ./. 
The/DT index/NN is/VBZ based/VBN on/IN 1980/CD equaling/VBG 100/CD ./. 
A/DT breakdown/NN showed/VBD that/IN food/NN prices/NNS were/VBD the/DT most/RBS active/JJ part/NN of/IN growth/NN with/IN a/DT rise/NN of/IN 0.6/CD %/NN ./. 
An/DT official/NN linked/VBD the/DT gain/NN essentially/RB to/TO higher/JJR prices/NNS for/IN beef/NN and/CC pork/NN ./. 
He/PRP said/VBD summer/NN drought/NN problems/NNS that/WDT had/VBD hit/VBN several/JJ southern/JJ agricultural/JJ regions/NNS had/VBD stopped/VBN being/VBG a/DT major/JJ source/NN of/IN price/NN pressure/NN in/IN September/NNP ./. 
Japan/NNP 's/POS index/NN of/IN leading/VBG indicators/NNS rose/VBD to/TO 63.6/CD in/IN August/NNP ,/, above/IN the/DT so-called/JJ boom-or-bust/JJ line/NN of/IN 50/CD for/IN the/DT first/JJ time/NN since/IN May/NNP ,/, the/DT Economic/NNP Planning/NNP Agency/NNP said/VBD ./. 
The/DT leading/VBG index/NN recovered/VBD from/IN July/NNP 's/POS revised/JJ level/NN of/IN 36.6/CD on/IN strong/JJ performances/NNS in/IN consumer/NN durables/NNS and/CC machinery/NN orders/NNS ,/, among/IN other/JJ factors/NNS ,/, according/VBG to/TO an/DT agency/NN spokeswoman/NN ./. 
The/DT index/NN is/VBZ intended/VBN to/TO measure/VB future/JJ economic/JJ performance/NN ./. 
A/DT figure/NN above/IN 50/CD indicates/VBZ the/DT economy/NN is/VBZ likely/JJ to/TO expand/VB ;/: one/CD below/IN 50/CD indicates/VBZ a/DT contraction/NN may/MD be/VB ahead/RB ./. 
Metromedia/NNP Co./NNP said/VBD its/PRP$ Metromedia/NNP Long/NNP Distance/NNP unit/NN has/VBZ been/VBN renamed/VBN Metromedia-ITT/NNP Long/NNP Distance/NNP ,/, reflecting/VBG acquisitions/NNS from/IN ITT/NNP Corp./NNP ,/, which/WDT licenses/VBZ its/PRP$ name/NN to/TO closely/RB held/JJ Metromedia/NNP ./. 
Metromedia/NNP said/VBD its/PRP$ unit/NN is/VBZ the/DT fifth-largest/JJ provider/NN of/IN long-distance/NN communications/NNS service/NN in/IN the/DT U.S./NNP ,/, with/IN projected/VBN 1989/CD revenue/NN of/IN more/JJR than/IN $/$ 550/CD million/CD ./. 
Metromedia/NNP ,/, headed/VBN by/IN John/NNP W./NNP Kluge/NNP ,/, has/VBZ interests/NNS in/IN telecommunications/NN ,/, robotic/JJ painting/NN ,/, computer/NN software/NN ,/, restaurants/NNS and/CC entertainment/NN ./. 
South/JJ Korean/JJ consumer/NN prices/NNS rose/VBD 5/CD %/NN in/IN the/DT first/JJ 10/CD months/NNS of/IN this/DT year/NN ,/, matching/VBG the/DT government/NN 's/POS target/NN for/IN the/DT entire/JJ year/NN ,/, according/VBG to/TO the/DT Bank/NNP of/IN Korea/NNP and/CC the/DT Economic/NNP Planning/NNP Board/NNP ./. 
According/VBG to/TO reports/NNS released/VBN by/IN the/DT two/CD government/NN agencies/NNS ,/, domestic/JJ consumer/NN and/CC wholesale/JJ prices/NNS each/DT rose/VBD by/IN 0.2/CD %/NN in/IN October/NNP from/IN the/DT previous/JJ month/NN ./. 
As/IN a/DT result/NN ,/, consumer/NN prices/NNS for/IN the/DT first/JJ 10/CD months/NNS of/IN 1989/CD surged/VBD by/IN 5/CD %/NN and/CC wholesale/JJ prices/NNS by/IN 1.3/CD %/NN ./. 
The/DT South/JJ Korean/JJ government/NN had/VBD been/VBN projecting/VBG a/DT 5/CD %/NN consumer/NN price/NN increase/NN for/IN the/DT entire/JJ year/NN ./. 
Martin/NNP Marietta/NNP Corp./NNP said/VBD it/PRP won/VBD a/DT $/$ 38.2/CD million/CD contract/NN from/IN the/DT U.S./NNP Postal/NNP Service/NNP to/TO manufacture/VB and/CC install/VB automated/JJ mail-sorting/VBG machines/NNS ./. 
Under/IN terms/NNS of/IN the/DT three-year/JJ contract/NN ,/, Martin/NNP Marietta/NNP said/VBD it/PRP will/MD make/VB and/CC install/VB 267/CD of/IN the/DT new/JJ machines/NNS at/IN 156/CD postal/JJ offices/NNS ./. 
The/DT new/JJ machines/NNS are/VBP capable/JJ of/IN sorting/VBG by/IN zip/NN code/NN up/IN to/TO 10,000/CD large/JJ flat/JJ mail/NN pieces/NNS ,/, including/VBG magazines/NNS and/CC parcels/NNS ,/, an/DT hour/NN ./. 
Thomas/NNP A./NN Donovan/NNP ,/, 37/CD years/NNS old/JJ ,/, formerly/RB vice/NN president/NN ,/, West/NNP Coast/NNP operations/NNS ,/, at/IN this/DT hazardous-waste-site/NN remediation/NN concern/NN ,/, was/VBD named/VBN executive/NN vice/NN president/NN and/CC chief/JJ operating/VBG officer/NN ,/, both/DT newly/RB created/VBN posts/NNS ,/, and/CC a/DT director/NN ,/, filling/VBG a/DT vacancy/NN ./. 
Canonie/NNP said/VBD it/PRP anticipates/VBZ naming/VBG Mr./NNP Donovan/NNP to/TO succeed/VB Richard/NNP F./NNP Brissette/NNP ,/, 55/CD ,/, as/IN president/NN and/CC chief/JJ executive/NN officer/NN ,/, effective/JJ March/NNP 1/CD ./. 
Mr./NNP Brissette/NNP will/MD remain/VB a/DT Canonie/NNP board/NN member/NN and/CC will/MD be/VB a/DT consultant/NN to/TO the/DT company/NN ./. 
Yields/NNS on/IN savings-type/JJ certificates/NNS of/IN deposit/NN dropped/VBD slightly/RB in/IN the/DT week/NN ended/VBN yesterday/NN ./. 
The/DT average/JJ yield/NN on/IN a/DT six-month/JJ CD/NN of/IN $/$ 50,000/CD or/CC less/JJR was/VBD 7.90/CD %/NN ,/, compared/VBN with/IN 7.94/CD %/NN a/DT week/NN earlier/RB ./. 
The/DT average/JJ one-year/JJ savings-type/JJ CD/NN was/VBD down/RB to/TO 7.99/CD %/NN from/IN 8.01/CD %/NN ,/, according/VBG to/TO Banxquote/NNP Money/NNP Markets/NNP ,/, a/DT New/NNP York/NNP information/NN service/NN that/WDT tracks/VBZ CD/NN yields/NNS ./. 
``/`` This/DT week/NN was/VBD uneventful/JJ for/IN the/DT CD/NN market/NN ,/, ''/'' said/VBD Norberto/NNP Mehl/NNP ,/, chairman/NN of/IN Banxquote/NNP ./. 
``/`` The/DT major/JJ banks/NNS have/VBP n't/RB even/RB reacted/VBN to/TO sharp/JJ rises/NNS in/IN the/DT three-month/JJ Treasury/NNP bill/NN rates/NNS ''/'' in/IN the/DT past/JJ two/CD weeks/NNS ./. 
Banks/NNS that/WDT adjusted/VBD payouts/NNS on/IN CDs/NNS in/IN the/DT most/RBS recent/JJ week/NN made/VBD only/RB fractional/JJ moves/NNS ,/, he/PRP said/VBD ./. 
The/DT CD/NN trend/NN runs/VBZ counter/RB to/TO the/DT direction/NN of/IN short-term/JJ interest/NN rates/NNS at/IN the/DT Treasury/NNP bill/NN auction/NN Monday/NNP ./. 
The/DT average/JJ six-month/JJ bill/NN was/VBD sold/VBN with/IN a/DT yield/NN of/IN 8.04/CD %/NN ,/, up/RB from/IN 7.90/CD %/NN ./. 
The/DT average/JJ three-month/JJ issue/NN rose/VBD to/TO 8.05/CD %/NN from/IN 7.77/CD %/NN ./. 
Typically/RB ,/, banks/NNS offer/VBP CD/NN yields/NNS higher/JJR than/IN those/DT on/IN Treasury/NNP bills/NNS ,/, which/WDT are/VBP considered/VBN the/DT safest/JJS short-term/JJ investments/NNS ;/: banks/NNS need/VBP a/DT competitive/JJ edge/NN to/TO sell/VB their/PRP$ products/NNS ./. 
But/CC when/WRB market/NN interest/NN rates/NNS move/VBP up/RB rapidly/RB ,/, increases/NNS in/IN bank/NN CD/NN yields/NNS sometimes/RB lag/VBP ./. 
Most/JJS yields/NNS on/IN short-term/JJ jumbo/JJ CDs/NNS ,/, those/DT with/IN denominations/NNS over/IN $/$ 90,000/CD ,/, also/RB moved/VBN in/IN the/DT opposite/JJ direction/NN of/IN Treasury/NNP bill/NN yields/NNS ./. 
The/DT average/JJ six-month/JJ yield/NN on/IN a/DT jumbo/JJ CD/NN was/VBD at/IN 7.90/CD %/NN ,/, down/RB from/IN 7.93/CD %/NN ,/, Banxquote/NNP said/VBD ./. 
For/IN longer-term/JJR CDs/NNS ,/, yields/NNS were/VBD up/RP ./. 
The/DT average/JJ two-year/JJ and/CC five-year/JJ jumbos/NNS were/VBD up/RB 0.02/CD of/IN a/DT percentage/NN point/NN to/TO 7.91/CD %/NN and/CC 7.96/CD %/NN ,/, respectively/RB ./. 
However/RB ,/, CDs/NNS sold/VBD through/IN major/JJ broker-dealer/JJ networks/NNS were/VBD up/RP slightly/RB almost/RB across/IN the/DT board/NN ./. 
The/DT average/JJ six-month/JJ CD/NN in/IN that/DT category/NN added/VBD 0.05/CD percentage/NN point/NN to/TO 8.35/CD %/NN ,/, for/IN example/NN ./. 
Mr./NNP Mehl/NNP attributed/VBD the/DT rise/NN specifically/RB to/TO the/DT Treasury/NNP bill/NN increase/NN ./. 
Among/IN the/DT major/JJ banks/NNS surveyed/VBN by/IN Banxquote/NNP in/IN six/CD regions/NNS of/IN the/DT country/NN ,/, 8.33/CD %/NN is/VBZ the/DT highest/JJS yield/NN available/JJ ./. 
It/PRP is/VBZ offered/VBN by/IN the/DT flagship/NN banks/NNS of/IN New/NNP York/NNP 's/POS Manufacturers/NNPS Hanover/NNP Corp./NNP in/IN the/DT one-year/JJ maturity/NN only/RB ./. 
The/DT yield/NN is/VBZ offered/VBN across/IN a/DT range/NN of/IN maturities/NNS at/IN San/NNP Francisco/NNP 's/POS BankAmerica/NNP Corp./NNP and/CC Wells/NNP Fargo/NNP &/CC Co/NNP ./. 
Just/RB two/CD weeks/NNS ago/RB ,/, BankAmerica/NNP 's/POS yields/NNS in/IN many/JJ of/IN those/DT maturities/NNS was/VBD 8.61/CD %/NN ./. 
Still/RB ,/, on/IN average/NN ,/, the/DT major/JJ California/NNP banks/NNS have/VBP the/DT highest/JJS yields/NNS on/IN CDs/NNS ,/, according/VBG to/TO Banxquote/NNP ./. 
The/DT average/JJ yield/NN there/RB on/IN six-month/JJ issues/NNS is/VBZ 8.32/CD %/NN ./. 
I/PRP had/VBD to/TO reach/VB back/RB to/TO French/NNP 101/CD when/WRB the/DT monsieur/NN avec/FW clipboard/NN leaned/VBD over/IN my/PRP$ shoulder/NN during/IN the/DT coffee/NN phase/NN of/IN dinner/NN and/CC asked/VBD whether/IN I/PRP wanted/VBD to/TO ride/VB in/IN a/DT montgolfiere/FW ./. 
I/PRP was/VBD a/DT last-minute/JJ -LRB-/-LRB- read/VB interloping/VBG -RRB-/-RRB- attendee/NN at/IN a/DT French/JJ journalism/NN convention/NN and/CC so/RB far/RB the/DT festivities/NNS had/VBD been/VBN taken/VBN up/RP entirely/RB by/IN eating/NN ,/, drinking/NN ,/, smoking/NN ,/, sleeping/NN and/CC drinking/NN ./. 
The/DT man/NN with/IN the/DT clipboard/NN represented/VBD a/DT halfhearted/JJ attempt/NN to/TO introduce/VB a/DT bit/NN of/IN les/FW sportif/FW into/IN our/PRP$ itinerary/NN ./. 
But/CC as/IN the/DT French/NNPS embody/VBP a/DT Zen-like/JJ state/NN of/IN blase/NN when/WRB it/PRP comes/VBZ to/TO athletics/NNS -LRB-/-LRB- try/VB finding/VBG a/DT Nautilus/JJ machine/NN in/IN Paris/NNP -RRB-/-RRB- ,/, my/PRP$ fellow/JJ conventioners/NNS were/VBD having/VBG none/NN of/IN it/PRP ./. 
The/DT diners/NNS at/IN my/PRP$ table/NN simply/RB lit/VBD more/JJR Gauloises/NNPS and/CC scoffed/VBD at/IN the/DT suggestion/NN of/IN interrupting/VBG a/DT perfectly/RB good/JJ Saturday/NNP morning/NN to/TO go/VB golfing/NN or/CC even/RB montgolfing/NN -LRB-/-LRB- ballooning/NN to/TO you/PRP ;/: the/DT brothers/NNS Montgolfier/NNP ,/, French/JJ of/IN course/NN ,/, were/VBD the/DT world/NN 's/POS first/JJ hot-air/JJ balloonists/NNS -RRB-/-RRB- ./. 
Back/RB in/IN the/DT U.S.A./NNP this/DT kind/NN of/IN chi-chi/JJ airborne/JJ activity/NN wins/VBZ heartwarmingly/RB covetous/JJ responses/NNS ./. 
As/IN in/IN :/: ``/`` You/PRP went/VBD ballooning/VBG ?/. ?/. !/. !/. 
In/IN France/NNP ?/. ?/. !/. !/. ''/'' 
Americans/NNPS it/PRP seems/VBZ have/VBP followed/VBN Malcolm/NNP Forbes/NNP 's/POS hot-air/JJ lead/NN and/CC taken/VBN to/TO ballooning/NN in/IN a/DT heady/JJ way/NN ./. 
During/IN the/DT past/JJ 25/CD years/NNS ,/, the/DT number/NN of/IN balloonists/NNS -LRB-/-LRB- those/DT who/WP have/VBP passed/VBN a/DT Federal/NNP Aviation/NNP Authority/NNP lighter-than-air/JJ test/NN -RRB-/-RRB- have/VBP swelled/VBN from/IN a/DT couple/JJ hundred/CD to/TO several/JJ thousand/CD ,/, with/IN some/DT estimates/NNS running/VBG as/RB high/JJ as/IN 10,000/CD ./. 
Some/DT 30/CD balloon/NN shows/NNS are/VBP held/VBN annually/RB in/IN the/DT U.S./NNP ,/, including/VBG the/DT world/NN 's/POS largest/JJS convocation/NN of/IN ersatz/JJ Phineas/NNP Foggs/NNP --/: the/DT nine-day/JJ Albuquerque/NNP International/NNP Balloon/NNP Fiesta/NNP that/WDT attracts/VBZ some/DT 800,000/CD enthusiasts/NNS and/CC more/JJR than/IN 500/CD balloons/NNS ,/, some/DT of/IN which/WDT are/VBP fetchingly/RB shaped/VBN to/TO resemble/VB Carmen/NNP Miranda/NNP ,/, Garfield/NNP or/CC a/DT 12-story-high/JJ condom/NN ./. 
-LRB-/-LRB- The/DT condom/NN balloon/NN was/VBD denied/VBN official/JJ entry/NN status/NN this/DT year/NN ./. -RRB-/-RRB- 
But/CC in/IN Epinal/NNP ,/, a/DT gray/JJ 16th-century/JJ river/NN town/NN adjacent/JJ to/TO France/NNP 's/POS Vosges/NNP mountain/NN region/NN ,/, none/NN of/IN these/DT Yankee-come-lately/JJ enthusiasms/NNS for/IN things/NNS aloft/RB was/VBD evident/JJ ./. 
Ballooning/NN at/IN the/DT de/FW rigueur/FW hour/NN of/IN 6/CD a.m./RB held/VBD all/PDT the/DT attraction/NN for/IN most/JJS people/NNS of/IN sunrise/NN root-canal/NN work/NN ./. 
Feeling/VBG the/DT naggings/NNS of/IN a/DT culture/NN imperative/NN ,/, I/PRP promptly/RB signed/VBD up/RB ./. 
The/DT first/JJ thing/NN anybody/NN will/MD tell/VB you/PRP about/IN ballooning/NN is/VBZ that/IN it/PRP requires/VBZ zip/NN in/IN the/DT way/NN of/IN athletic/JJ prowess/NN ,/, or/CC even/RB a/DT measure/NN of/IN derring-do/NN ./. 
-LRB-/-LRB- So/RB long/RB as/IN you/PRP do/VBP n't/RB look/VB down/RB ./. -RRB-/-RRB- 
They/PRP will/MD also/RB tell/VB you/PRP that/RB even/RB if/IN you/PRP hate/VBP heights/NNS ,/, you/PRP can/MD still/RB balloon/VB ./. 
-LRB-/-LRB- I/PRP still/RB say/VB do/VBP n't/RB look/VB down/RB ./. 
At/IN least/JJS not/RB when/WRB you/PRP are/VBP ascending/VBG ./. -RRB-/-RRB- 
What/WP they/PRP wo/MD n't/RB tell/VB you/PRP is/VBZ not/RB to/TO go/VB aloft/RB in/IN anything/NN you/PRP do/VBP n't/RB want/VB to/TO get/VB wet/JJ ./. 
I/PRP 'm/VBP not/RB referring/VBG to/TO the/DT traditional/JJ champagne/NN drenching/NN during/IN the/DT back-on-terra-firma/JJ toast/NN ./. 
I/PRP 'm/VBP talking/VBG about/IN landing/NN in/IN a/DT canal/NN ./. 
In/IN a/DT porous/JJ wicker/NN basket/NN ./. 
With/IN a/DT pilot/NN who/WP speaks/VBZ no/DT English/NNP ./. 
To/TO wit/NN ,/, my/PRP$ maiden/JJ voyage/NN -LRB-/-LRB- and/CC novitiates/NNS are/VBP referred/VBN to/TO as/IN virgins/NNS -RRB-/-RRB- began/VBD at/IN dawn/NN on/IN a/DT dew-sodden/JJ fairway/NN and/CC ended/VBD at/IN noon/NN in/IN a/DT soggy/JJ field/NN ./. 
-LRB-/-LRB- Balloon/NN flights/NNS almost/RB always/RB occur/VBP at/IN dawn/NN or/CC dusk/NN ,/, when/WRB the/DT winds/NNS are/VBP lightest/JJS ./. -RRB-/-RRB- 
In/IN between/IN came/VBD lots/NNS of/IN coffee/NN drinking/NN while/IN watching/VBG the/DT balloons/NNS inflate/VB and/CC lots/NNS of/IN standing/VBG around/RB deciding/VBG who/WP would/MD fly/VB in/IN what/WDT balloon/NN and/CC in/IN what/WDT order/NN -LRB-/-LRB- the/DT baskets/NNS hold/VBP no/RB more/JJR than/IN four/CD passengers/NNS -RRB-/-RRB- ./. 
When/WRB it/PRP was/VBD n't/RB my/PRP$ turn/NN in/IN the/DT balloon/NN I/PRP followed/VBD its/PRP$ progress/NN from/IN the/DT ``/`` chase/JJ car/NN ,/, ''/'' listening/VBG to/TO the/DT driver/NN holler/VB into/IN a/DT walkie-talkie/NN ./. 
After/IN long/JJ stretches/NNS of/IN this/DT attendant/JJ ground/NN activity/NN came/VBD 20/CD or/CC so/RB lovely/JJ minutes/NNS of/IN drifting/VBG above/IN the/DT Vosges/NNPS watching/VBG the/DT silver/NN mists/NNS rise/VB off/IN the/DT river/NN and/CC the/DT French/JJ cows/NNS amble/VB about/RB the/DT fields/NNS ./. 
It/PRP 's/VBZ hard/JJ not/RB to/TO feel/VB that/IN God/NNP 's/VBZ in/IN his/PRP$ heaven/NN with/IN this/DT kind/NN of/IN bird's-eye/JJ view/NN of/IN the/DT world/NN ,/, even/RB if/IN your/PRP$ pilote/FW in/IN silly/JJ plaid/NN beret/NN kept/VBD pointing/VBG out/RP how/WRB ``/`` belle/FW ''/'' it/PRP all/DT was/VBD ./. 
Eventually/RB little/JJ French/JJ farmers/NNS and/CC their/PRP$ little/JJ French/JJ farmwives/NNS came/VBD out/IN of/IN their/PRP$ stone/NN houses/NNS and/CC put/VB their/PRP$ hands/NNS above/IN their/PRP$ tiny/JJ eyes/NNS and/CC squinted/VBD at/IN us/PRP ./. 
No/DT wonder/NN ./. 
We/PRP were/VBD coming/VBG down/RB straight/RB into/IN their/PRP$ canal/NN ./. 
See/VB ,/, the/DT other/JJ rule/NN of/IN thumb/NN about/IN ballooning/NN is/VBZ that/IN you/PRP ca/MD n't/RB steer/VB ./. 
And/CC neither/RB can/MD your/PRP$ pilot/NN ./. 
You/PRP can/MD go/VB only/RB up/RB or/CC down/RB -LRB-/-LRB- by/IN heating/VBG the/DT balloon/NN 's/POS air/NN with/IN a/DT propane/NN burner/NN ,/, which/WDT does/VBZ make/VB the/DT top/NN of/IN your/PRP$ head/NN feel/VB hot/JJ -RRB-/-RRB- and/CC ride/VB the/DT air/NN currents/NNS ./. 
Which/WDT makes/VBZ the/DT chase/NN car/NN necessary/JJ ./. 
Most/JJS balloonists/NNS seldom/RB go/VB higher/RBR than/IN 2,000/CD feet/NNS and/CC most/JJS average/VBP a/DT leisurely/JJ 5-10/JJ miles/NNS an/DT hour/NN ./. 
When/WRB the/DT balloon/NN is/VBZ cruising/VBG along/RB at/IN a/DT steady/JJ altitude/NN there/EX is/VBZ little/JJ sense/NN of/IN motion/NN ./. 
Only/RB when/WRB one/NN is/VBZ ascending/VBG --/: or/CC in/IN our/PRP$ case/NN descending/VBG a/DT tad/RB trop/FW rapidement/FW --/: does/VBZ one/CD feel/NN ,/, well/UH ,/, airborne/JJ in/IN a/DT picnic/NN basket/NN ./. 
``/`` What/WP 's/VBZ he/PRP doing/VBG ?/. ''/'' hissed/VBD my/PRP$ companion/NN ,/, who/WP was/VBD the/DT only/RB other/JJ English-speaking/JJ member/NN of/IN the/DT convention/NN and/CC whose/WP$ knuckles/NNS were/VBD white/JJ ./. 
``/`` Attention/VB ,/, ''/'' yelled/VBD our/PRP$ pilot/NN as/IN our/PRP$ basket/NN plunged/VBD into/IN the/DT canal/NN ./. 
``/`` You/PRP bet/RB attention/NN ,/, ''/'' I/PRP yelled/VBD back/RB ,/, leaping/VBG atop/IN the/DT propane/NN tanks/NNS ,/, ``/`` I/PRP 'm/VBP wearing/VBG alligator/NN loafers/NNS !/. ''/'' 
Our/PRP$ pilot/NN simply/RB laughed/VBD ,/, fired/VBD up/RP the/DT burner/NN and/CC with/IN another/DT blast/NN of/IN flame/NN lifted/VBD us/PRP ,/, oh/UH ,/, a/DT good/JJ 12-inches/NNS above/IN the/DT water/NN level/NN ./. 
We/PRP scuttled/VBD along/RB for/IN a/DT few/JJ feet/NNS before/IN he/PRP plunged/VBD us/PRP into/IN the/DT drink/NN again/RB ./. 
Eventually/RB we/PRP came/VBD to/TO rest/VB in/IN a/DT soggy/JJ patch/NN of/IN field/NN where/WRB we/PRP had/VBD the/DT exquisite/JJ pleasure/NN of/IN scrambling/VBG out/IN of/IN the/DT basket/NN into/IN the/DT mud/NN while/IN the/DT French/JJ half/NN of/IN our/PRP$ ballooning/NN tag/NN team/NN scrambled/VBD in/RB ./. 
I/PRP looked/VBD at/IN my/PRP$ watch/NN ./. 
Barely/RB half-an-hour/NN aloft/RB ./. 
Back/RB in/IN the/DT chase/NN car/NN ,/, we/PRP drove/VBD around/RB some/DT more/JJR ,/, got/VBD stuck/VBN in/IN a/DT ditch/NN ,/, enlisted/VBD the/DT aid/NN of/IN a/DT local/JJ farmer/NN to/TO get/VB out/RP the/DT trailer/NN hitch/NN and/CC pull/VB us/PRP out/IN of/IN the/DT ditch/NN ./. 
We/PRP finally/RB rendezvoused/VBD with/IN our/PRP$ balloon/NN ,/, which/WDT had/VBD come/VBN to/TO rest/VB on/IN a/DT dirt/NN road/NN amid/IN a/DT clutch/NN of/IN Epinalers/NNPS who/WP watched/VBD us/PRP disassemble/VB our/PRP$ craft/NN --/: another/DT half-an-hour/NN of/IN non-flight/JJ activity/NN --/: that/WDT included/VBD the/DT precision/NN routine/NN of/IN yanking/VBG the/DT balloon/NN to/TO the/DT ground/NN ,/, punching/VBG all/PDT the/DT air/NN out/IN of/IN it/PRP ,/, rolling/VBG it/PRP up/RP and/CC cramming/VBG it/PRP and/CC the/DT basket/NN into/IN the/DT trailer/NN ./. 
It/PRP was/VBD the/DT most/JJS exercise/NN we/PRP 'd/VBD had/VBN all/DT morning/NN and/CC it/PRP was/VBD followed/VBN by/IN our/PRP$ driving/VBG immediately/RB to/TO the/DT nearest/JJS watering/NN hole/NN ./. 
This/DT meant/VBD returning/VBG to/TO the/DT golf/NN course/NN ,/, where/WRB we/PRP watched/VBD a/DT few/JJ French/JJ duffers/NNS maul/VB the/DT first/JJ tee/NN while/IN we/PRP sat/VBD under/IN Cinzano/NNP umbrellas/NNS ,/, me/PRP nursing/VBG an/DT espresso/NN and/CC my/PRP$ ego/NN ./. 
A/DT whole/JJ morning/NN of/IN ballooning/NN and/CC I/PRP had/VBD been/VBN off/IN the/DT ground/NN barely/RB 30/CD minutes/NNS ./. 
Still/RB ,/, I/PRP figured/VBD the/DT event/NN 's/POS envy-quotient/NN back/RB in/IN the/DT U.S.A./NN was/VBD near/RB peerless/JJ ./. 
As/IN for/IN the/DT ride/NN back/RB to/TO camp/NN ,/, our/PRP$ pilot/NN and/CC all/PDT the/DT other/JJ French-speaking/JJ passengers/NNS clambered/VBD into/IN the/DT chase/JJ car/NN ./. 
My/PRP$ American/JJ companion/NN and/CC I/PRP were/VBD left/VBN to/TO ride/VB alfresco/RB in/IN the/DT wicker/NN basket/NN ./. 
As/IN we/PRP streaked/VBD by/IN a/DT blase/JJ gendarme/NN ,/, I/PRP could/MD n't/RB resist/VB rearing/VBG up/RB on/IN my/PRP$ soggy/JJ loafers/NNS and/CC saluting/VBG ./. 
Ms./NNP de/NNP Vries/NNP is/VBZ a/DT free-lance/JJ writer/NN ./. 
Treasury/NNP Undersecretary/NNP David/NNP Mulford/NNP defended/VBD the/DT Treasury/NNP 's/POS efforts/NNS this/DT fall/NN to/TO drive/VB down/RP the/DT value/NN of/IN the/DT dollar/NN ,/, saying/VBG it/PRP helped/VBD minimize/VB damage/NN from/IN the/DT 190-point/JJ drop/NN in/IN the/DT stock/NN market/NN Oct./NNP 13/CD ./. 
Testifying/VBG before/IN a/DT House/NNP subcommittee/NN ,/, Mr./NNP Mulford/NNP said/VBD that/IN if/IN the/DT Treasury/NNP had/VBD n't/RB intervened/VBN in/IN foreign-exchange/JJ markets/NNS in/IN September/NNP and/CC early/JJ October/NNP to/TO reduce/VB the/DT dollar/NN 's/POS value/NN ,/, the/DT plunge/NN in/IN the/DT stock/NN market/NN might/MD have/VB provoked/VBN a/DT steep/JJ fall/NN in/IN the/DT currency/NN that/WDT might/MD have/VB ``/`` unhinged/VBN financial/JJ markets/NNS ./. ''/'' 
Mr./NNP Mulford/NNP ,/, responding/VBG to/TO critics/NNS of/IN intervention/NN ,/, also/RB said/VBD intervention/NN is/VBZ ``/`` highly/RB visible/JJ ,/, ''/'' is/VBZ taken/VBN seriously/RB by/IN financial/JJ markets/NNS and/CC works/VBZ better/RBR than/IN ``/`` was/VBD recognized/VBN some/DT time/NN ago/RB ./. ''/'' 
Differences/NNS between/IN the/DT Treasury/NNP and/CC the/DT Federal/NNP Reserve/NNP on/IN the/DT usefulness/NN of/IN intervention/NN to/TO help/VB restrain/VB the/DT dollar/NN resurfaced/VBD at/IN the/DT hearing/NN ./. 
Fed/NNP Vice/NNP Chairman/NNP Manuel/NNP Johnson/NNP ,/, who/WP had/VBD dissented/VBN from/IN the/DT Treasury/NNP 's/POS policy/NN ,/, told/VBD lawmakers/NNS ,/, ``/`` I/PRP became/VBD convinced/JJ about/IN what/WP looked/VBD to/TO me/PRP like/IN an/DT attempt/NN to/TO push/VB the/DT dollar/NN down/RP against/IN the/DT fundamentals/NNS in/IN the/DT market/NN ./. ''/'' 
Intervention/NN ,/, he/PRP added/VBD ,/, is/VBZ useful/JJ only/RB to/TO smooth/VB disorderly/JJ markets/NNS ,/, not/RB to/TO fundamentally/RB influence/VB the/DT dollar/NN 's/POS value/NN ./. 
Rep./NNP John/NNP LaFalce/NNP -LRB-/-LRB- D./NNP ,/, N.Y/NNP ./. -RRB-/-RRB- said/VBD Mr./NNP Johnson/NNP refused/VBD to/TO testify/VB jointly/RB with/IN Mr./NNP Mulford/NNP and/CC instead/RB asked/VBD to/TO appear/VB after/IN the/DT Treasury/NNP official/NN had/VBD completed/VBN his/PRP$ testimony/NN ./. 
A/DT Fed/NNP spokesman/NN denied/VBD Mr./NNP LaFalce/NNP 's/POS statement/NN ./. 
Mr./NNP Mulford/NNP said/VBD reports/NNS of/IN tension/NN between/IN the/DT Treasury/NNP and/CC Fed/NNP have/VBP been/VBN exaggerated/JJ ,/, insisting/VBG that/IN they/PRP involved/VBD ``/`` nuances/NNS ./. ''/'' 
Mr./NNP Johnson/NNP also/RB said/VBD that/IN ``/`` in/IN the/DT scheme/NN of/IN things/NNS ,/, these/DT things/NNS are/VBP minor/JJ ./. ''/'' 
On/IN other/JJ matters/NNS ,/, Mr./NNP Mulford/NNP said/VBD West/NNP Germany/NNP is/VBZ contributing/VBG to/TO imbalances/NNS in/IN the/DT world/NN economy/NN because/IN of/IN its/PRP$ success/NN as/IN an/DT exporter/NN ./. 
``/`` The/DT solution/NN is/VBZ stronger/JJR domestic/JJ growth/NN -LCB-/-LRB- in/IN Germany/NNP -RCB-/-RRB- ,/, ''/'' he/PRP said/VBD ./. 
But/CC because/IN the/DT growth/NN of/IN the/DT German/JJ economy/NN has/VBZ been/VBN stronger/JJR than/IN expected/VBN ,/, Mr./NNP Mulford/NNP said/VBD ,/, it/PRP 's/VBZ difficult/JJ for/IN the/DT U.S./NNP to/TO argue/VB that/IN Germany/NNP ought/MD to/TO adopt/VB more/RBR stimulative/JJ monetary/JJ and/CC fiscal/JJ policies/NNS ./. 
Germany/NNP 's/POS trade/NN surplus/NN is/VBZ largely/RB with/IN other/JJ European/JJ countries/NNS rather/RB than/IN with/IN the/DT U.S./NNP ,/, Mr./NNP Mulford/NNP acknowledged/VBD ./. 
But/CC nonetheless/RB U.S./NNP companies/NNS might/MD be/VB more/RBR successful/JJ in/IN European/JJ markets/NNS if/IN not/RB for/IN the/DT German/JJ export/NN push/NN ,/, he/PRP said/VBD ./. 
Five/CD officials/NNS of/IN this/DT investment/NN banking/VBG firm/NN were/VBD elected/VBN directors/NNS :/: E./NNP Garrett/NNP Bewkes/NNP III/NNP ,/, a/DT 38-year-old/JJ managing/VBG director/NN in/IN the/DT mergers/NNS and/CC acquisitions/NNS department/NN ;/: Michael/NNP R./NNP Dabney/NNP ,/, 44/CD ,/, a/DT managing/VBG director/NN who/WP directs/VBZ the/DT principal/JJ activities/NNS group/NN which/WDT provides/VBZ funding/NN for/IN leveraged/JJ acquisitions/NNS ;/: Richard/NNP Harriton/NNP ,/, 53/CD ,/, a/DT general/JJ partner/NN who/WP heads/VBZ the/DT correspondent/NN clearing/NN services/NNS ;/: Michael/NNP Minikes/NNP ,/, 46/CD ,/, a/DT general/JJ partner/NN who/WP is/VBZ treasurer/NN ;/: and/CC William/NNP J./NNP Montgoris/NNP ,/, 42/CD ,/, a/DT general/JJ partner/NN who/WP is/VBZ also/RB senior/JJ vice/NN president/NN of/IN finance/NN and/CC chief/JJ financial/JJ officer/NN ./. 
The/DT board/NN increased/VBN by/IN one/CD to/TO 26/CD members/NNS ./. 
In/IN the/DT past/NN year/NN ,/, one/CD inside/JJ director/NN resigned/VBD ,/, while/IN three/CD others/NNS retired/VBD ./. 
Some/DT U.S./NNP allies/NNS are/VBP complaining/VBG that/IN President/NNP Bush/NNP is/VBZ pushing/VBG conventional-arms/JJ talks/NNS too/RB quickly/RB ,/, creating/VBG a/DT risk/NN that/IN negotiators/NNS will/MD make/VB errors/NNS that/WDT could/MD affect/VB the/DT security/NN of/IN Western/NNP Europe/NNP for/IN years/NNS ./. 
Concerns/NNS about/IN the/DT pace/NN of/IN the/DT Vienna/NNP talks/NNS --/: which/WDT are/VBP aimed/VBN at/IN the/DT destruction/NN of/IN some/DT 100,000/CD weapons/NNS ,/, as/RB well/RB as/IN major/JJ reductions/NNS and/CC realignments/NNS of/IN troops/NNS in/IN central/JJ Europe/NNP --/: also/RB are/VBP being/VBG registered/VBN at/IN the/DT Pentagon/NNP ./. 
Mr./NNP Bush/NNP has/VBZ called/VBN for/IN an/DT agreement/NN by/IN next/JJ September/NNP at/IN the/DT latest/JJS ./. 
But/CC some/DT American/JJ defense/NN officials/NNS believe/VBP the/DT North/NNP Atlantic/NNP Treaty/NNP Organization/NNP should/MD take/VB more/JJR time/NN to/TO examine/VB the/DT long-term/JJ implications/NNS of/IN the/DT options/NNS being/VBG considered/VBN ./. 
For/IN one/CD thing/NN ,/, Pentagon/NNP officials/NNS ,/, who/WP asked/VBD not/RB to/TO be/VB identified/VBN ,/, worry/VBP that/IN the/DT U.S./NNP will/MD have/VB a/DT much/RB tougher/JJR time/NN persuading/VBG Europeans/NNPS to/TO keep/VB some/DT short-range/JJ nuclear/JJ weapons/NNS on/IN their/PRP$ soil/NN once/IN Soviet/JJ armored/JJ forces/NNS are/VBP thinned/VBN out/RP ./. 
At/IN the/DT same/JJ time/NN ,/, they/PRP contend/VBP that/IN a/DT reduction/NN of/IN NATO/NNP forces/NNS under/IN a/DT treaty/NN will/MD increase/VB the/DT possibility/NN of/IN a/DT conventional/JJ Soviet/JJ attack/NN unless/IN the/DT West/NNP retains/VBZ a/DT residual/JJ force/NN of/IN nuclear/JJ weapons/NNS in/IN Europe/NNP ./. 
Allies/NNS concerned/VBN about/IN the/DT deadline/NN include/VBP the/DT British/NNPS ,/, French/NNPS and/CC smaller/JJR NATO/NNP allies/NNS ,/, some/DT of/IN whom/WP do/VBP n't/RB have/VB adequate/JJ staffs/NNS to/TO provide/VB quick/JJ answers/NNS to/TO the/DT questions/NNS being/VBG raised/VBN by/IN what/WP generally/RB are/VBP considered/VBN the/DT most/RBS complex/JJ arms-control/NN talks/NNS ever/RB attempted/VBN ./. 
So/RB far/RB ,/, no/DT ally/NN has/VBZ complained/VBN openly/RB ,/, preserving/VBG the/DT impression/NN that/IN NATO/NNP is/VBZ in/IN line/NN with/IN the/DT Bush/NNP position/NN that/IN a/DT quick/JJ agreement/NN bringing/VBG Soviet/JJ conventional/JJ forces/NNS down/RB to/TO parity/NN with/IN NATO/NNP is/VBZ the/DT West/NNP 's/POS top/JJ bargaining/NN priority/NN ./. 
But/CC even/RB though/IN NATO/NNP negotiators/NNS have/VBP only/RB 10/CD months/NNS left/VBN under/IN the/DT Bush/NNP timetable/NN ,/, they/PRP are/VBP still/RB wrestling/VBG over/IN such/JJ seemingly/RB fundamental/JJ questions/NNS as/IN ``/`` What/WP is/VBZ a/DT tank/NN ?/. ''/'' 
Five/CD of/IN the/DT six/CD categories/NNS of/IN weapons/NNS under/IN negotiation/NN have/VBP n't/RB even/RB been/VBN defined/VBN ./. 
Tanks/NNS currently/RB are/VBP defined/VBN as/IN armored/JJ vehicles/NNS weighing/VBG 25/CD tons/NNS or/CC more/JJR that/IN carry/VB large/JJ guns/NNS ./. 
The/DT Soviets/NNPS complicated/VBD the/DT issue/NN by/IN offering/VBG to/TO include/VB light/JJ tanks/NNS ,/, which/WDT are/VBP as/RB light/JJ as/IN 10/CD tons/NNS ./. 
Oleg/NNP A./NN Grinevsky/NNP ,/, the/DT chief/JJ Soviet/JJ negotiator/NN in/IN the/DT conventional-arms/JJ talks/NNS ,/, argued/VBD that/IN this/DT would/MD mean/VB the/DT Soviets/NNPS would/MD have/VB to/TO destroy/VB some/DT 1,800/CD tanks/NNS ,/, while/IN the/DT U.S./NNP would/MD lose/VB none/NN because/IN it/PRP has/VBZ no/DT light/JJ tanks/NNS in/IN Europe/NNP ./. 
But/CC the/DT issue/NN is/VBZ stickier/JJR than/IN it/PRP seems/VBZ ./. 
France/NNP ,/, Britain/NNP and/CC Italy/NNP all/DT have/VBP light/JJ tanks/NNS they/PRP would/MD like/VB to/TO keep/VB out/IN of/IN the/DT talks/NNS ./. 
And/CC some/DT U.S./NNP Army/NNP analysts/NNS worry/VBP that/IN the/DT proposed/VBN Soviet/JJ redefinition/NN is/VBZ aimed/VBN at/IN blocking/VBG the/DT U.S./NNP from/IN developing/VBG lighter/JJR ,/, more/RBR transportable/JJ ,/, high-technology/JJ tanks/NNS ./. 
Defining/VBG combat/NN aircraft/NN is/VBZ even/RB tougher/JJR ./. 
The/DT Soviets/NNPS insisted/VBD that/DT aircraft/NN be/VB brought/VBN into/IN the/DT talks/NNS ,/, then/RB argued/VBD for/IN exempting/VBG some/DT 4,000/CD Russian/JJ planes/NNS because/IN they/PRP are/VBP ``/`` solely/RB defensive/JJ ./. ''/'' 
NATO/NNP has/VBZ n't/RB budged/VBN from/IN its/PRP$ insistence/NN that/IN any/DT gun-carrying/JJ plane/NN has/VBZ offensive/JJ capability/NN ./. 
The/DT dispute/NN over/IN that/DT issue/NN ,/, according/VBG to/TO one/CD U.S./NNP official/NN ,/, is/VBZ a/DT ``/`` potential/JJ treaty/NN stopper/NN ,/, ''/'' and/CC only/RB President/NNP Bush/NNP and/CC Soviet/JJ leader/NN Mikhail/NNP Gorbachev/NNP may/MD be/VB able/JJ to/TO resolve/VB it/PRP ./. 
Accounting/NN problems/NNS raise/VBP more/JJR knotty/JJ issues/NNS ./. 
Greece/NNP and/CC Turkey/NNP ,/, for/IN example/NN ,/, are/VBP suspected/VBN of/IN overstating/VBG their/PRP$ arsenals/NNS in/IN hopes/NNS that/IN they/PRP can/MD emerge/VB from/IN the/DT arms-reduction/JJ treaty/NN with/IN large/JJ remaining/VBG forces/NNS to/TO deter/VB each/DT other/JJ ./. 
Other/JJ nations/NNS are/VBP n't/RB sure/JJ how/WRB many/JJ weapons/NNS they/PRP have/VBP in/IN their/PRP$ own/JJ arsenals/NNS ./. 
``/`` It/PRP 's/VBZ just/RB going/VBG to/TO be/VB sloppy/JJ ,/, both/DT on/IN our/PRP$ side/NN and/CC theirs/PRP -LCB-/-LRB- the/DT Warsaw/NNP Pact/NNP 's/POS -RCB-/-RRB- ,/, ''/'' says/VBZ one/CD NATO/NNP analyst/NN ./. 
So/RB far/RB ,/, neither/CC the/DT Bush/NNP administration/NN nor/CC arms-control/JJ experts/NNS in/IN Congress/NNP seem/VBP moved/VBN by/IN arguments/NNS that/IN these/DT problems/NNS may/MD take/VB more/JJR time/NN to/TO thrash/VB out/RB than/IN President/NNP Bush/NNP has/VBZ allowed/VBN ./. 
They/PRP argue/VBP that/IN the/DT bigger/JJR danger/NN would/MD be/VB that/IN the/DT West/NNP would/MD delay/VB action/NN so/RB long/RB that/IN the/DT Soviets/NNPS might/MD back/VB away/RB from/IN the/DT current/JJ conciliatory/JJ attitude/NN ./. 
``/`` So/RB what/WP if/IN you/PRP miss/VBP 50/CD tanks/NNS somewhere/RB ?/. ''/'' asks/VBZ Rep./NNP Norman/NNP Dicks/NNP -LRB-/-LRB- D./NNP ,/, Wash./NNP -RRB-/-RRB- ,/, a/DT member/NN of/IN the/DT House/NNP group/NN that/WDT visited/VBD the/DT talks/NNS in/IN Vienna/NNP ./. 
``/`` The/DT bottom/JJ line/NN is/VBZ that/IN if/IN we/PRP can/MD get/VB that/DT -LCB-/-LRB- Warsaw/NNP Pact/NNP -RCB-/-RRB- superiority/NN brought/VBD down/RB to/TO parity/NN ,/, we/PRP ought/MD to/TO keep/VB pressing/VBG ahead/RB as/RB quickly/RB as/IN possible/JJ ./. 
I/PRP worry/VBP more/RBR about/IN things/NNS becoming/VBG so/RB unraveled/JJ on/IN the/DT other/JJ side/NN that/IN they/PRP might/MD become/VB unable/JJ to/TO negotiate/VB ./. 
International/NNP Lease/NNP Finance/NNP Corp./NNP announced/VBD a/DT leasing/NN contract/NN with/IN charter/NN carrier/NN American/JJ Trans/NNP Air/NNP Inc./NNP ,/, in/IN a/DT transaction/NN involving/VBG six/CD Boeing/NNP Co./NNP 757-200s/NNS ./. 
The/DT value/NN of/IN the/DT jets/NNS ,/, including/VBG spares/NNS ,/, is/VBZ in/IN excess/NN of/IN $/$ 250/CD million/CD ./. 
Two/CD of/IN the/DT 757-200s/NNS are/VBP new/JJ aircraft/NNS to/TO be/VB delivered/VBN to/TO American/NNP Trans/NNP Air/NNP ,/, the/DT main/JJ subsidiary/NN of/IN Amtran/NNP Inc./NNP ,/, in/IN December/NNP 1991/CD and/CC January/NNP 1992/CD ./. 
Four/CD of/IN the/DT planes/NNS were/VBD purchased/VBN by/IN International/NNP Lease/NNP from/IN Singapore/NNP Airlines/NNPS in/IN a/DT previously/RB announced/JJ transaction/NN ./. 
Delivery/NN of/IN the/DT first/JJ aircraft/NN is/VBZ set/VBN for/IN early/JJ November/NNP ,/, a/DT second/NN for/IN December/NNP and/CC two/CD for/IN April/NNP 1990/CD ./. 
Norway/NNP 's/POS unemployment/NN rate/NN for/IN October/NNP was/VBD 3.6/CD %/NN ,/, unchanged/JJ from/IN September/NNP but/CC up/RB from/IN 2.6/CD %/NN in/IN the/DT same/JJ month/NN last/JJ year/NN ./. 
The/DT figure/NN excludes/VBZ a/DT record/NN number/NN employed/VBN by/IN extraordinary/JJ government/NN work/NN programs/NNS ,/, the/DT Labor/NNP Directorate/NNP announced/VBD Tuesday/NNP ./. 
Including/VBG those/DT in/IN the/DT state/NN programs/NNS ,/, there/EX were/VBD 143,800/CD Norwegians/NNPS ,/, or/CC about/IN 6.5/CD %/NN of/IN the/DT work/NN force/NN ,/, without/IN permanent/JJ employment/NN in/IN October/NNP ,/, up/RB from/IN September/NNP 's/POS 136,800/CD ./. 
The/DT number/NN of/IN people/NNS registered/VBN as/IN jobless/JJ at/IN the/DT end/NN of/IN October/NNP declined/VBD by/IN 900/CD from/IN September/NNP to/TO 78,600/CD ./. 
Those/DT employed/VBN in/IN state-funded/JJ special/JJ programs/NNS increased/VBN by/IN 7,400/CD to/TO 65,200/CD in/IN the/DT same/JJ period/NN ,/, the/DT Directorate/NNP said/VBD ./. 
In/IN October/NNP 1988/CD ,/, there/EX were/VBD 40,800/CD fewer/JJR employed/VBN by/IN government/NN programs/NNS ./. 
Coca-Cola/NNP Co./NNP ,/, aiming/VBG to/TO boost/VB soft-drink/NN volume/NN in/IN Singapore/NNP ,/, said/VBD it/PRP is/VBZ discussing/VBG a/DT joint/JJ venture/NN with/IN Fraser/NNP &/CC Neave/NNP Ltd./NNP ,/, its/PRP$ bottling/VBG franchisee/NN in/IN that/DT country/NN ./. 
The/DT venture/NN would/MD be/VB the/DT latest/JJS in/IN Coke/NNP 's/POS rapid/JJ expansion/NN of/IN overseas/JJ investment/NN ./. 
So/RB far/RB this/DT year/NN ,/, it/PRP has/VBZ put/VBN nearly/RB $/$ 700/CD million/CD into/IN bottling/VBG operations/NNS in/IN Australia/NNP ,/, New/NNP Zealand/NNP and/CC France/NNP ./. 
The/DT move/NN also/RB reflects/VBZ Coke/NNP 's/POS eagerness/NN to/TO have/VB a/DT hand/NN in/IN developing/VBG the/DT soft-drink/NN markets/NNS in/IN Pacific/NNP Basin/NNP countries/NNS ./. 
Aside/RB from/IN Europe/NNP ,/, the/DT Pacific/NNP division/NN is/VBZ where/WRB Coke/NNP will/MD be/VB focusing/VBG much/RB of/IN its/PRP$ attention/NN for/IN years/NNS to/TO come/VB ./. 
That/DT 's/VBZ because/IN when/WRB Coke/NNP looks/VBZ to/TO the/DT Pacific/NNP area/NN ,/, it/PRP sees/VBZ an/DT economic/JJ and/CC demographic/JJ gold/NN mine/NN ./. 
In/IN countries/NNS such/JJ as/IN Taiwan/NNP ,/, South/NNP Korea/NNP and/CC Singapore/NNP ,/, economies/NNS are/VBP growing/VBG ,/, resulting/VBG in/IN a/DT rise/NN in/IN disposable/JJ income/NN that/IN consumers/NNS can/MD use/VB for/IN soft/JJ drinks/NNS ./. 
And/CC unlike/IN Europe/NNP and/CC the/DT U.S./NNP ,/, where/WRB populations/NNS are/VBP aging/VBG ,/, the/DT Pacific/NNP Basin/NNP countries/NNS have/VBP growing/VBG proportions/NNS of/IN youths/NNS --/: the/DT heaviest/JJS consumers/NNS of/IN Coca-Cola/NNP and/CC other/JJ sodas/NNS ./. 
A/DT Coca-Cola/NNP spokesman/NN said/VBD it/PRP is/VBZ too/RB early/JJ to/TO say/VB how/WRB the/DT joint/JJ venture/NN would/MD be/VB structured/VBN ,/, or/CC how/WRB much/JJ the/DT company/NN would/MD invest/VB in/IN the/DT transaction/NN ./. 
In/IN the/DT past/NN ,/, however/RB ,/, Coke/NNP has/VBZ typically/RB taken/VBN a/DT minority/NN stake/NN in/IN such/JJ ventures/NNS ./. 
By/IN acquiring/VBG stakes/NNS in/IN bottling/VBG companies/NNS in/IN the/DT U.S./NNP and/CC overseas/RB ,/, Coke/NNP has/VBZ been/VBN able/JJ to/TO improve/VB bottlers/NNS '/POS efficiency/NN and/CC production/NN ,/, and/CC in/IN some/DT cases/NNS ,/, marketing/NN ./. 
Coke/NNP has/VBZ tended/VBN to/TO increase/VB its/PRP$ control/NN when/WRB results/NNS were/VBD sluggish/JJ in/IN a/DT given/VBN country/NN ./. 
That/IN does/VBZ n't/RB appear/VB to/TO be/VB the/DT case/NN in/IN Singapore/NNP ,/, a/DT country/NN of/IN about/IN three/CD million/CD people/NNS with/IN a/DT relatively/RB high/JJ soft-drink/NN consumption/NN rate/NN --/: a/DT key/JJ indicator/NN of/IN Coke/NNP 's/POS success/NN in/IN a/DT market/NN ./. 
In/IN Singapore/NNP ,/, per-capita/JJ consumption/NN is/VBZ about/IN one-third/NN that/IN of/IN the/DT U.S./NNP ./. 
And/CC combining/VBG Fraser/NNP &/CC Neave/NNP 's/POS own/JJ soft/JJ drinks/NNS with/IN Coca-Cola/NNP 's/POS gives/VBZ the/DT Singapore/NNP company/NN more/JJR than/IN half/PDT the/DT share/NN of/IN the/DT soda/NN market/NN there/RB ,/, Coke/NNP said/VBD ./. 
Fraser/NNP &/CC Neave/NNP ,/, which/WDT also/RB has/VBZ interests/NNS in/IN packaging/NN ,/, beer/NN and/CC dairy/NN products/NNS ,/, holds/VBZ the/DT Coke/NNP licenses/NNS for/IN Malaysia/NNP and/CC Brunei/NNP ,/, where/WRB per-capita/JJ consumption/NN is/VBZ n't/RB as/RB high/JJ as/IN in/IN Singapore/NNP ./. 
Coke/NNP could/MD be/VB interested/JJ in/IN more/RBR quickly/RB developing/VBG some/DT of/IN the/DT untapped/JJ potential/NN in/IN those/DT markets/NNS ./. 
A/DT Coke/NNP spokesman/NN said/VBD he/PRP could/MD n't/RB say/VB whether/IN that/DT is/VBZ the/DT direction/NN of/IN the/DT talks/NNS ./. 
Coke/NN said/VBD the/DT joint-venture/NN arrangement/NN ,/, which/WDT needs/VBZ approval/NN from/IN both/DT companies/NNS '/POS boards/NNS ,/, should/MD be/VB completed/VBN early/JJ next/JJ year/NN ./. 
AMERICAN/NNP BRANDS/NNPS Inc./NNP ,/, Old/NNP Greenwich/NNP ,/, Conn./NNP ,/, said/VBD it/PRP increased/VBD its/PRP$ quarterly/JJ 11/CD %/NN to/TO 68/CD cents/NNS a/DT share/NN from/IN 61/CD cents/NNS ,/, payable/JJ Dec./NNP 1/CD to/TO stock/NN of/IN record/NN Nov./NNP 10/CD ./. 
The/DT increase/NN follows/VBZ the/DT company/NN 's/POS report/NN of/IN strong/JJ earnings/NNS for/IN the/DT third/JJ quarter/NN ,/, and/CC reflects/VBZ what/WP American/NNP Brands/NNPS called/VBD its/PRP$ ``/`` tradition/NN of/IN sharing/VBG earnings/NNS growth/NN ''/'' with/IN shareholders/NNS ./. 
American/NNP Brands/NNPS is/VBZ a/DT consumer/NN products/NNS company/NN with/IN core/NN businesses/NNS in/IN tobacco/NN ,/, distilled/JJ spirits/NNS and/CC life/NN insurance/NN ./. 
As/IN of/IN Sept./NNP 30/CD ,/, American/NNP Brands/NNPS had/VBD 95.2/CD million/CD shares/NNS outstanding/JJ ./. 
Giovanni/NNP Agnelli/NNP &/CC Co./NNP announced/VBD a/DT transaction/NN that/WDT will/MD strengthen/VB its/PRP$ indirect/JJ control/NN of/IN Fiat/NNP S.p/NNP ./. A./NNP and/CC will/MD admit/VB Prince/NNP Karim/NNP Aga/NNP Khan/NNP as/IN its/PRP$ first/JJ non-family/JJ shareholder/NN ./. 
Giovanni/NNP Agnelli/NNP ,/, a/DT limited/JJ partnership/NN that/WDT is/VBZ the/DT master/NN holding/VBG company/NN for/IN Fiat/NNP 's/POS Agnelli/NNP family/NN ,/, owns/VBZ approximately/RB 75/CD %/NN of/IN the/DT shares/NNS in/IN Istituto/NNP Finanziario/NNP Industriale/NNP ,/, which/WDT in/IN turn/NN owns/VBZ approximately/RB 40/CD %/NN of/IN Fiat/NNP ,/, Italy/NNP 's/POS biggest/JJS private-sector/NN industrial/JJ group/NN ./. 
The/DT company/NN said/VBD Maria/NNP Sole/NNP Agnelli/NNP Teodorani/NNP ,/, sister/NN of/IN Fiat/NNP Chairman/NNP Giovanni/NNP Agnelli/NNP ,/, agreed/VBD to/TO trade/VB her/PRP$ shares/NNS in/IN IFI/NNP for/IN new/JJ ordinary/JJ shares/NNS in/IN the/DT limited/JJ partnership/NN ,/, which/WDT will/MD give/VB her/PRP$ control/NN of/IN 4.67/CD %/NN of/IN Giovanni/NNP Agnelli/NNP &/CC Co/NNP ./. 
The/DT Aga/NNP Khan/NNP ,/, meanwhile/RB ,/, agreed/VBD to/TO trade/VB some/DT of/IN his/PRP$ stake/NN in/IN Luxembourg-based/JJ Ifint/NNP S.A./NNP ,/, another/DT Agnelli/NNP family/NN company/NN ,/, for/IN 7.45/CD %/NN of/IN Giovanni/NNP Agnelli/NNP &/CC Co./NNP 's/POS capital/NN ./. 
His/PRP$ new/JJ stake/NN would/MD be/VB in/IN the/DT form/NN of/IN preferred/JJ shares/NNS ,/, which/WDT receive/VBP higher/JJR dividends/NNS but/CC have/VBP voting/VBG rights/NNS only/RB in/IN extraordinary/JJ shareholders/NNS assemblies/NNS ./. 
The/DT Aga/NNP Khan/NNP owns/VBZ 10/CD %/NN of/IN Ifint/NNP 's/POS capital/NN ,/, while/IN IFI/NNP owns/VBZ 23/CD %/NN ./. 
As/IN a/DT result/NN of/IN the/DT transaction/NN ,/, which/WDT is/VBZ expected/VBN to/TO be/VB approved/VBN at/IN a/DT shareholders/NNS meeting/NN Nov./NNP 24/CD ,/, Giovanni/NNP Agnelli/NNP &/CC Co./NNP will/MD control/VB 79.18/CD %/NN of/IN IFI/NNP 's/POS ordinary/JJ shares/NNS ./. 
Its/PRP$ capital/NN will/MD also/RB be/VB raised/VBN to/TO 232.4/CD billion/CD lire/NNS -LRB-/-LRB- $/$ 172.5/CD million/CD -RRB-/-RRB- from/IN the/DT current/JJ 204.3/CD billion/CD lire/NNS ./. 
IFI/NNP also/RB has/VBZ nonvoting/JJ preferred/JJ shares/NNS ,/, which/WDT are/VBP quoted/VBN on/IN the/DT Milan/NNP stock/NN exchange/NN ./. 
The/DT value/NN of/IN the/DT two/CD transactions/NNS was/VBD n't/RB disclosed/VBN ,/, but/CC an/DT IFI/NNP spokesman/NN said/VBD no/DT cash/NN would/MD change/VB hands/NNS ./. 
The/DT move/NN strengthens/VBZ the/DT existing/VBG links/NNS between/IN the/DT Agnellis/NNPS and/CC the/DT Aga/NNP Khan/NNP ,/, the/DT head/NN of/IN the/DT world/NN 's/POS Ismaili/NNP Moslems/NNPS who/WP is/VBZ a/DT longtime/JJ family/NN friend/NN and/CC frequently/RB goes/VBZ sailing/NN with/IN Mr./NNP Agnelli/NNP ./. 
Mr./NNP Agnelli/NNP and/CC the/DT Aga/NNP Khan/NNP also/RB have/VBP some/DT business/NN ties/NNS ,/, and/CC a/DT spokesman/NN for/IN the/DT Agnelli/NNP company/NN did/VBD n't/RB rule/VB out/RB that/IN the/DT current/JJ agreement/NN could/MD lead/VB to/TO further/JJ collaboration/NN ./. 
For/IN instance/NN ,/, Ifint/NNP earlier/RBR this/DT year/NN bought/VBD an/DT 18/CD %/NN stake/NN in/IN Alisarda/NNP ,/, the/DT Aga/NNP Khan/NNP 's/POS airline/NN ,/, which/WDT flies/VBZ between/IN Italy/NNP and/CC Sardinia/NNP ./. 
Giovanni/NNP Agnelli/NNP &/CC Co./NNP ,/, which/WDT was/VBD formed/VBN in/IN January/NNP 1987/CD as/IN a/DT way/NN of/IN keeping/VBG the/DT Agnellis/NNPS '/POS controlling/VBG stake/NN in/IN Fiat/NNP together/RB despite/IN an/DT ever-growing/JJ family/NN tree/NN ,/, has/VBZ been/VBN playing/VBG a/DT more/RBR active/JJ role/NN in/IN the/DT Agnelli/NNP group/NN of/IN late/RB ./. 
It/PRP raised/VBD financing/NN of/IN 300/CD billion/CD lire/NNS for/IN the/DT purchase/NN this/DT summer/NN by/IN another/DT Agnelli-related/JJ group/NN of/IN the/DT food/NN concern/NN Galbani/NNP S.p/NNP ./. A./NNP ,/, by/IN selling/VBG a/DT chunk/NN of/IN its/PRP$ IFI/NNP shares/NNS to/TO Mediobanca/NNP S.p/NNP ./. A./NNP 
Mediobanca/NNP said/VBD during/IN the/DT weekend/NN that/IN it/PRP agreed/VBD to/TO sell/VB the/DT shares/NNS back/RP to/TO Giovanni/NNP Agnelli/NNP for/IN 333/CD billion/CD lire/NNS ./. 
Your/PRP$ Oct./NNP 2/CD page-one/JJ article/NN on/IN people/NNS riding/VBG so-called/JJ ``/`` railbikes/NNS ''/'' on/IN railroad/NN tracks/NNS was/VBD a/DT disservice/NN to/TO your/PRP$ readers/NNS ./. 
It/PRP unfortunately/RB encourages/VBZ others/NNS to/TO engage/VB in/IN a/DT highly/RB dangerous/JJ and/CC illegal/JJ activity/NN that/IN only/RB a/DT very/RB few/JJ are/VBP doing/VBG now/RB ./. 
And/CC it/PRP treats/VBZ such/JJ activities/NNS in/IN a/DT frivolous/JJ ,/, cavalier/JJ fashion/NN ,/, with/IN total/JJ indifference/NN to/TO common/JJ sense/NN and/CC public/JJ safety/NN ./. 
Saul/NNP Resnick/NNP 
Vice/NNP President/NNP 
Public/NNP Affairs/NNPS 
Conrail/NNP 
MCI/NNP Communications/NNPS Corp./NNP said/VBD it/PRP received/VBD a/DT three-year/JJ contract/NN valued/VBN at/IN more/JJR than/IN $/$ 15/CD million/CD to/TO provide/VB network/NN ,/, credit-card/NN and/CC other/JJ telecommunications/NN services/NNS to/TO Drexel/NNP Burnham/NNP Lambert/NNP Inc/NNP ./. 
Congressional/JJ Democrats/NNPS and/CC the/DT Bush/NNP administration/NN agreed/VBD on/IN a/DT compromise/NN minimum-wage/NN bill/NN ,/, opening/VBG the/DT way/NN for/IN the/DT first/JJ wage-floor/JJ boost/NN in/IN more/JJR than/IN nine/CD years/NNS ./. 
The/DT agreement/NN ended/VBD a/DT long/JJ impasse/NN between/IN the/DT congressional/JJ leaders/NNS and/CC the/DT White/NNP House/NNP over/IN the/DT wage/NN issue/NN ./. 
President/NNP Bush/NNP in/IN June/NNP vetoed/VBD a/DT measure/NN passed/VBN by/IN Congress/NNP and/CC said/VBD he/PRP would/MD n't/RB accept/VB any/DT minimum-wage/NN rise/NN that/WDT went/VBD beyond/IN limits/NNS he/PRP set/VBD early/RB in/IN this/DT year/NN 's/POS debate/NN on/IN the/DT issue/NN ./. 
The/DT compromise/NN was/VBD a/DT somewhat/RB softened/JJ version/NN of/IN what/WP the/DT White/NNP House/NNP had/VBD said/VBN it/PRP would/MD accept/VB ./. 
Under/IN the/DT agreement/NN with/IN the/DT House/NNP and/CC Senate/NNP leaders/NNS ,/, the/DT minimum/NN wage/NN would/MD rise/VB from/IN the/DT current/JJ $/$ 3.35/CD an/DT hour/NN to/TO $/$ 4.25/CD an/DT hour/NN by/IN April/NNP 1991/CD ./. 
Employers/NNS could/MD also/RB pay/VB a/DT subminimum/JJ ``/`` training/NN wage/NN ''/'' for/IN 90/CD days/NNS to/TO new/JJ workers/NNS who/WP are/VBP up/RB to/TO 19/CD years/NNS old/JJ ,/, and/CC then/RB for/IN another/DT 90/CD days/NNS if/IN the/DT company/NN institutes/NN a/DT specific/JJ training/VBG program/NN for/IN the/DT newcomers/NNS ./. 
White/NNP House/NNP officials/NNS were/VBD delighted/JJ that/IN the/DT compromise/NN includes/VBZ the/DT concept/NN of/IN a/DT training/NN wage/NN ,/, which/WDT Mr./NNP Bush/NNP has/VBZ fought/VBN for/IN throughout/IN the/DT year/NN ./. 
``/`` For/IN the/DT first/JJ time/NN in/IN history/NN ,/, we/PRP have/VBP a/DT training/NN wage/NN that/WDT will/MD be/VB part/NN ''/'' of/IN the/DT nation/NN 's/POS labor/NN laws/NNS ,/, said/VBD Roger/NNP Porter/NNP ,/, assistant/NN to/TO the/DT president/NN for/IN economic/JJ and/CC domestic/JJ policy/NN ./. 
White/NNP House/NNP aides/NNS said/VBD that/IN although/IN they/PRP made/VBD a/DT small/JJ compromise/NN on/IN the/DT length/NN of/IN a/DT training/NN wage/NN ,/, the/DT final/JJ minimum-wage/NN increase/NN will/MD meet/VB the/DT standards/NNS set/VBN by/IN Mr./NNP Bush/NNP ./. 
The/DT bill/NN vetoed/VBN by/IN the/DT president/NN in/IN June/NNP ,/, which/WDT the/DT House/NNP failed/VBD to/TO override/VB ,/, would/MD have/VB lifted/VBN the/DT minimum/NN wage/NN to/TO $/$ 4.55/CD an/DT hour/NN by/IN late/JJ 1991/CD ,/, with/IN a/DT training/NN wage/NN for/IN up/RB to/TO two/CD months/NNS ,/, generally/RB for/IN a/DT worker/NN 's/POS first/JJ job/NN ./. 
Mr./NNP Bush/NNP had/VBD been/VBN holding/VBG out/RB for/IN a/DT bill/NN boosting/VBG the/DT wage/NN floor/NN to/TO $/$ 4.25/CD an/DT hour/NN by/IN the/DT end/NN of/IN 1991/CD ,/, coupled/VBN with/IN a/DT six-month/JJ training/NN wage/NN for/IN workers/NNS newly/RB hired/VBN by/IN any/DT employer/NN ./. 
Under/IN the/DT compromise/NN ,/, the/DT $/$ 4.25/CD level/NN would/MD be/VB reached/VBN nine/CD months/NNS earlier/RB ,/, while/IN the/DT training/NN subminimum/JJ would/MD be/VB shorter/JJR ,/, unless/IN it/PRP is/VBZ tied/VBN to/TO a/DT training/NN plan/NN ./. 
Democrats/NNP argued/VBD that/IN the/DT training/NN wage/NN was/VBD a/DT way/NN of/IN allowing/VBG employers/NNS to/TO pay/VB less/JJR than/IN the/DT minimum/NN wage/NN ,/, while/IN new/JJ workers/NNS need/VBP far/RB less/JJR than/IN six/CD months/NNS to/TO be/VB trained/VBN for/IN their/PRP$ jobs/NNS ./. 
Democrats/NNPS had/VBD been/VBN negotiating/VBG with/IN some/DT Republican/JJ congressional/JJ leaders/NNS on/IN a/DT compromise/NN lately/RB ./. 
With/IN congressional/JJ elections/NNS next/IN year/NN ,/, GOP/NNP leaders/NNS have/VBP worried/VBN about/IN opposing/VBG a/DT minimum-wage/NN rise/NN for/IN low-paid/JJ workers/NNS at/IN a/DT time/NN when/WRB Congress/NNP is/VBZ moving/VBG toward/IN a/DT capital-gains/NNS tax/NN cut/NN that/WDT would/MD directly/RB benefit/VB wealthier/JJR taxpayers/NNS ./. 
Republicans/NNPS have/VBP been/VBN imploring/VBG the/DT White/NNP House/NNP to/TO compromise/VB on/IN the/DT wage/NN issue/NN ./. 
In/IN the/DT Senate/NNP ,/, Edward/NNP Kennedy/NNP -LRB-/-LRB- D./NNP ,/, Mass./NNP -RRB-/-RRB- ,/, chairman/NN of/IN the/DT Labor/NNP Committee/NNP ,/, and/CC Pete/NNP Domenici/NNP ,/, -LRB-/-LRB- R./NNP ,/, N.M/NNP ./. -RRB-/-RRB- ranking/VBG minority/NN member/NN of/IN the/DT Budget/NNP Committee/NNP ,/, have/VBP been/VBN working/VBG on/IN a/DT compromise/NN ,/, and/CC their/PRP$ soundings/NNS showed/VBD that/IN the/DT Senate/NNP appeared/VBD to/TO be/VB heading/VBG toward/IN enough/JJ strength/NN to/TO override/VB another/DT Bush/NNP veto/NN ,/, a/DT Democratic/JJ staff/NN official/NN said/VBD ./. 
The/DT House/NNP is/VBZ scheduled/VBN to/TO vote/VB this/DT week/NN on/IN the/DT compromise/NN ,/, as/IN a/DT substitute/NN to/TO a/DT new/JJ Democratic/JJ bill/NN ,/, itself/PRP watered/VBD down/RB from/IN last/JJ spring/NN 's/POS version/NN ./. 
The/DT Senate/NNP will/MD probably/RB vote/VB not/RB long/RB afterward/RB ./. 
Some/DT Democrats/NNPS thought/VBD they/PRP might/MD have/VB compromised/VBN too/RB much/RB ./. 
Rep./NNP Austin/NNP Murphy/NNP -LRB-/-LRB- D./NNP ,/, Pa./NNP -RRB-/-RRB- ,/, chairman/NN of/IN the/DT House/NNP labor/NN standards/NNS subcommittee/NN ,/, said/VBD they/PRP might/MD have/VB done/VBN better/RBR ``/`` if/IN we/PRP 'd/VBD held/VBN their/PRP$ feet/NNS to/TO the/DT fire/NN ./. ''/'' 
Mr./NNP Kennedy/NNP suggested/VBD Democrats/NNPS ``/`` yielded/VBD a/DT great/JJ deal/NN ''/'' on/IN the/DT size/NN of/IN the/DT increase/NN ,/, but/CC he/PRP cited/VBD concessions/NNS from/IN the/DT White/NNP House/NNP on/IN the/DT training/NN wage/NN ,/, which/WDT he/PRP said/VBD make/VB it/PRP ``/`` less/RBR harsh/JJ ./. ''/'' 
With/IN only/RB 16-year-olds/NNS to/TO 19-year-olds/NNS eligible/JJ ,/, 68/CD %/NN of/IN workers/NNS getting/VBG less/JJR than/IN $/$ 4.25/CD an/DT hour/NN ,/, who/WP are/VBP adults/NNS ,/, wo/MD n't/RB be/VB subject/JJ to/TO the/DT training/NN wage/NN ,/, he/PRP said/VBD ./. 
The/DT AFL-CIO/NNP ,/, which/WDT previously/RB opposed/VBD the/DT administration/NN 's/POS subminimum/JJ idea/NN ,/, said/VBD the/DT compromise/NN has/VBZ ``/`` adequate/JJ safeguards/NNS ,/, so/IN the/DT youth/NN are/VBP not/RB exploited/VBN and/CC older/JJR workers/NNS are/VBP not/RB displaced/VBN ./. ''/'' 
Gerald/NNP F./NNP Seib/NNP contributed/VBD to/TO this/DT article/NN ./. 
Moody/NNP 's/POS Investors/NNPS Service/NNP Inc./NNP said/VBD it/PRP lowered/VBD the/DT ratings/NNS on/IN about/IN $/$ 3.2/CD billion/CD of/IN Houston/NNP Lighting/NNP &/CC Power/NNP Co./NNP 's/POS securities/NNS because/IN of/IN the/DT company/NN 's/POS low/JJ levels/NNS of/IN interest/NN coverage/NN and/CC internal/JJ cash/NN generation/NN ./. 
Houston/NNP Lighting/NNP is/VBZ a/DT unit/NN of/IN Houston/NNP Industries/NNPS Inc./NNP ,/, a/DT utility/NN holding/VBG company/NN in/IN Houston/NNP ./. 
Downgraded/VBN by/IN Moody/NNP 's/POS were/VBD Houston/NNP Lighting/NNP 's/POS first-mortgage/JJ bonds/NNS and/CC secured/JJ pollution-control/JJ bonds/NNS to/TO single-A-3/JJ from/IN single-A-2/JJ ;/: unsecured/JJ pollution-control/NN bonds/NNS to/TO Baa-1/JJ from/IN single-A-3/JJ ;/: preferred/JJ stock/NN to/TO single-A-3/JJ from/IN single-A-2/JJ ;/: a/DT shelf/NN registration/NN for/IN preferred/JJ stock/NN to/TO a/DT preliminary/JJ rating/NN of/IN single-A-3/JJ from/IN a/DT preliminary/JJ rating/NN of/IN single-A-2/JJ ;/: two/CD shelf/NN registrations/NNS for/IN collateralized/JJ debt/NN securities/NNS to/TO a/DT preliminary/JJ rating/NN of/IN single-A-3/JJ from/IN a/DT preliminary/JJ rating/NN of/IN single-A-2/JJ ,/, and/CC the/DT unit/NN 's/POS rating/NN for/IN commercial/JJ paper/NN to/TO Prime-2/JJ from/IN Prime-1/JJ ./. 
Moody/NNP 's/POS said/VBD Houston/NNP Lighting/NNP 's/POS current/JJ situation/NN has/VBZ some/DT positive/JJ aspects/NNS ,/, including/VBG managing/VBG ``/`` very/RB well/RB ''/'' the/DT construction/NN and/CC commercial/JJ operation/NN risks/NNS of/IN Units/NNS 1/CD and/CC 2/CD of/IN the/DT South/NNP Texas/NNP Project/NNP nuclear/JJ power/NN plant/NN ./. 
Capital/NN requirements/NNS will/MD be/VB declining/VBG and/CC no/DT new/JJ generating/VBG facilities/NNS will/MD be/VB required/VBN for/IN several/JJ years/NNS ,/, Moody/NNP 's/POS said/VBD ./. 
Scott/NNP C./NNP Smith/NNP ,/, formerly/RB vice/NN president/NN ,/, finance/NN ,/, and/CC chief/JJ financial/JJ officer/NN of/IN this/DT media/NNS concern/NN ,/, was/VBD named/VBN senior/JJ vice/NN president/NN ./. 
Mr./NNP Smith/NNP ,/, 39/CD ,/, retains/VBZ the/DT title/NN of/IN chief/JJ financial/JJ officer/NN ./. 
Armstrong/NNP World/NNP Industries/NNPS Inc./NNP agreed/VBD in/IN principle/NN to/TO sell/VB its/PRP$ carpet/NN operations/NNS to/TO Shaw/NNP Industries/NNPS Inc/NNP ./. 
The/DT price/NN was/VBD n't/RB disclosed/VBN but/IN one/CD analyst/NN estimated/VBD that/IN it/PRP was/VBD $/$ 150/CD million/CD ./. 
Armstrong/NNP ,/, which/WDT has/VBZ faced/VBN a/DT takeover/NN threat/NN from/IN the/DT Belzberg/NNP family/NN of/IN Canada/NNP since/IN July/NNP ,/, said/VBD that/IN disposing/VBG of/IN the/DT carpet/NN business/NN would/MD improve/VB ``/`` total/JJ financial/JJ performance/NN ./. ''/'' 
The/DT move/NN also/RB would/MD allow/VB the/DT company/NN to/TO concentrate/VB on/IN core/JJ businesses/NNS ,/, which/WDT include/VBP ceramic/JJ tile/NN ,/, floor/NN coverings/NNS and/CC furniture/NN ./. 
Moreover/JJR ,/, such/PDT a/DT sale/NN could/MD help/VB Armstrong/NNP reassure/VB its/PRP$ investors/NNS and/CC deter/VB the/DT Belzbergs/NNPS ,/, who/WP own/VBP a/DT 9.85/CD %/NN stake/NN in/IN the/DT Lancaster/NNP ,/, Pa./NNP ,/, company/NN ./. 
Analysts/NNS expect/VBP Armstrong/NNP to/TO use/VB proceeds/NNS of/IN the/DT sale/NN to/TO reduce/VB debt/NN ,/, buy/VB back/RP stock/NN or/CC perhaps/RB finance/VB an/DT acquisition/NN ./. 
The/DT carpet/NN division/NN had/VBD 1988/CD sales/NNS of/IN $/$ 368.3/CD million/CD ,/, or/CC almost/RB 14/CD %/NN of/IN Armstrong/NNP 's/POS $/$ 2.68/CD billion/CD total/NN revenue/NN ./. 
The/DT company/NN has/VBZ been/VBN manufacturing/VBG carpet/NN since/IN 1967/CD ./. 
Recently/RB it/PRP upgraded/VBD its/PRP$ plants/NNS so/IN that/IN it/PRP could/MD make/VB stain-resistant/JJ products/NNS with/IN higher/JJR quality/JJ dyes/NNS ./. 
For/IN the/DT past/JJ year/NN or/CC two/CD ,/, the/DT carpet/NN division/NN 's/POS operating/NN profit/NN margins/NNS have/VBP hovered/VBN around/IN 5/CD %/NN ,/, high/JJ by/IN industry/NN standards/NNS ,/, but/CC disappointing/JJ compared/VBN with/IN the/DT 13/CD %/NN to/TO 19/CD %/NN margins/NNS for/IN two/CD of/IN Armstrong/NNP 's/POS chief/JJ businesses/NNS ,/, flooring/NN and/CC building/NN products/NNS ./. 
Analysts/NNS hailed/VBD the/DT planned/JJ transaction/NN as/IN being/VBG beneficial/JJ to/TO Armstrong/NNP and/CC Shaw/NNP ,/, the/DT market/NN leader/NN in/IN the/DT U.S./NNP carpet/NN industry/NN ,/, with/IN an/DT estimated/VBN 17/CD %/NN to/TO 20/CD %/NN share/NN ./. 
Shaw/NNP ,/, based/VBN in/IN Dalton/NNP ,/, Ga./NNP ,/, has/VBZ annual/JJ sales/NNS of/IN about/IN $/$ 1.18/CD billion/CD ,/, and/CC has/VBZ economies/NNS of/IN scale/NN and/CC lower/JJR raw-material/NN costs/NNS that/WDT are/VBP expected/JJ to/TO boost/VB the/DT profitability/NN of/IN Armstrong/NNP 's/POS brands/NNS ,/, sold/VBN under/IN the/DT Armstrong/NNP and/CC Evans-Black/NNP names/NNS ./. 
Yesterday/NN ,/, in/IN composite/JJ trading/NN on/IN the/DT New/NNP York/NNP Stock/NNP Exchange/NNP ,/, Shaw/NNP 's/POS shares/NNS closed/VBD ex-dividend/NN at/IN $/$ 26.125/CD ,/, up/RB $/$ 2.25/CD ./. 
Armstrong/NNP 's/POS shares/NNS ,/, also/RB listed/VBN on/IN the/DT Big/NNP Board/NNP ,/, closed/VBD at/IN $/$ 39.125/CD ,/, up/RB 12.5/CD cents/NNS ./. 
Yesterday/NN ,/, Armstrong/NNP reported/VBD flat/JJ earnings/NNS for/IN the/DT third/JJ quarter/NN and/CC nine/CD months/NNS ,/, worsened/VBN by/IN the/DT stock/NN dilution/NN of/IN an/DT employee/NN stock/NN ownership/NN plan/NN adopted/VBN earlier/RBR this/DT year/NN ./. 
For/IN the/DT quarter/NN ,/, earnings/NNS were/VBD $/$ 47/CD million/CD ,/, or/CC 92/CD cents/NNS a/DT share/NN ,/, including/VBG a/DT one-time/JJ gain/NN of/IN $/$ 5.9/CD million/CD ./. 
In/IN the/DT year-ago/JJ quarter/NN ,/, earnings/NNS were/VBD $/$ 42.9/CD million/CD ,/, or/CC 93/CD cents/NNS a/DT share/NN ./. 
Yesterday/NN ,/, Armstrong/NNP announced/VBD an/DT agreement/NN to/TO sell/VB its/PRP$ small/JJ Applied/NNP Color/NNP Systems/NNPS unit/NN to/TO a/DT subsidiary/NN of/IN the/DT Swiss/JJ company/NN ,/, Brauerei/NNP Eichof/NNP Ltd/NNP ./. 
The/DT price/NN was/VBD n't/RB disclosed/VBN ./. 
Armstrong/NNP expects/VBZ to/TO close/VB the/DT sale/NN of/IN the/DT color/NN unit/NN in/IN late/JJ November/NNP and/CC the/DT carpet/NN sale/NN in/IN December/NNP ,/, with/IN the/DT gains/NNS to/TO be/VB applied/VBN to/TO fourth/JJ quarter/NN or/CC first-quarter/JJ results/NNS ./. 
The/DT government/NN 's/POS primary/JJ economic-forecasting/JJ gauge/NN rose/VBD a/DT slight/JJ 0.2/CD %/NN in/IN September/NNP ,/, but/CC economists/NNS said/VBD the/DT report/NN offered/VBD little/JJ new/JJ information/NN on/IN the/DT degree/NN to/TO which/WDT the/DT U.S./NNP economy/NN is/VBZ slowing/VBG ./. 
The/DT small/JJ increase/NN in/IN the/DT index/NN of/IN leading/VBG indicators/NNS ,/, which/WDT had/VBD climbed/VBN 0.5/CD %/NN in/IN August/NNP but/CC was/VBD unchanged/JJ in/IN July/NNP ,/, does/VBZ lend/VB support/NN to/TO the/DT view/NN that/IN the/DT economy/NN has/VBZ slowed/VBN noticeably/RB ./. 
However/RB ,/, it/PRP does/VBZ n't/RB give/VB much/RB of/IN a/DT clue/NN as/IN to/TO whether/IN a/DT recession/NN is/VBZ on/IN the/DT horizon/NN ./. 
``/`` I/PRP do/VBP n't/RB think/VB it/PRP provides/VBZ much/RB new/JJ information/NN on/IN the/DT economy/NN ,/, ''/'' said/VBD Richard/NNP Rippe/NNP ,/, economist/NN at/IN Dean/NNP Witter/NNP Reynolds/NNP Inc/NNP ./. 
So/RB far/RB this/DT year/NN ,/, the/DT index/NN of/IN leading/VBG indicators/NNS has/VBZ risen/VBN in/IN four/CD months/NNS ,/, fallen/VBN in/IN four/CD months/NNS and/CC remained/VBD unchanged/JJ in/IN the/DT other/JJ month/NN ./. 
In/IN another/DT report/NN yesterday/NN ,/, the/DT Commerce/NNP Department/NNP said/VBD sales/NNS of/IN new/JJ single-family/JJ houses/NNS plunged/VBD 14/CD %/NN in/IN September/NNP to/TO an/DT annual/JJ rate/NN of/IN 618,000/CD from/IN 719,000/CD in/IN August/NNP ./. 
The/DT declines/NNS were/VBD particularly/RB pronounced/VBN in/IN the/DT Northeast/NNP and/CC in/IN the/DT South/NNP ,/, where/WRB Hurricane/NNP Hugo/NNP was/VBD a/DT factor/NN ./. 
Although/IN September/NNP 's/POS weakness/NN followed/VBD two/CD strong/JJ months/NNS for/IN home/NN sales/NNS ,/, the/DT decline/NN supports/VBZ other/JJ indications/NNS that/IN the/DT drop/NN in/IN mortgage/NN rates/NNS earlier/RBR this/DT year/NN has/VBZ had/VBN only/RB a/DT limited/JJ beneficial/JJ effect/NN on/IN the/DT housing/NN market/NN ./. 
The/DT September/NNP drop/NN was/VBD the/DT largest/JJS since/IN a/DT 19/CD %/NN drop/NN in/IN January/NNP 1982/CD ,/, but/CC monthly/JJ changes/NNS in/IN this/DT measure/NN are/VBP even/RB less/RBR reliable/JJ than/IN those/DT in/IN other/JJ economic/JJ indicators/NNS ./. 
Because/IN the/DT figures/NNS are/VBP based/VBN on/IN a/DT small/JJ sample/NN ,/, the/DT department/NN said/VBD it/PRP is/VBZ 90/CD %/NN confident/JJ only/RB that/IN new-home/JJ sales/NNS fell/VBD somewhere/RB between/IN 5/CD %/NN and/CC 23/CD %/NN during/IN the/DT month/NN ./. 
The/DT department/NN also/RB said/VBD it/PRP takes/VBZ four/CD months/NNS to/TO establish/VB a/DT trend/NN ./. 
So/RB far/RB this/DT year/NN ,/, 534,000/CD newly/RB built/VBN homes/NNS have/VBP been/VBN sold/VBN ,/, down/RB 4.5/CD %/NN from/IN the/DT like/JJ months/NNS of/IN 1988/CD ./. 
The/DT index/NN of/IN leading/VBG indicators/NNS got/VBD a/DT major/JJ boost/NN in/IN September/NNP from/IN a/DT surge/NN in/IN consumer/NN expectations/NNS as/IN measured/VBN by/IN the/DT University/NNP of/IN Michigan/NNP ./. 
This/DT measure/NN had/VBD dropped/VBN sharply/RB in/IN August/NNP ./. 
The/DT Commerce/NNP Department/NNP said/VBD that/IN as/IN a/DT result/NN of/IN a/DT new/JJ adjustment/NN to/TO the/DT formula/NN used/VBN to/TO calculate/VB the/DT index/NN ,/, the/DT influence/NN of/IN this/DT component/NN has/VBZ been/VBN reduced/VBN ./. 
Of/IN the/DT 11/CD components/NNS to/TO the/DT index/NN ,/, only/RB three/CD others/NNS rose/VBD in/IN September/NNP :/: the/DT money/NN supply/NN ,/, the/DT length/NN of/IN the/DT average/JJ work/NN week/NN and/CC stock/NN prices/NNS ./. 
Several/JJ components/NNS that/WDT track/VBP the/DT health/NN of/IN the/DT manufacturing/VBG sector/NN of/IN the/DT economy/NN turned/VBD down/RB in/IN September/NNP ./. 
These/DT include/VBP new/JJ orders/NNS for/IN manufactured/JJ consumer/NN goods/NNS ,/, lead/JJ times/NNS on/IN vendor/NN deliveries/NNS ,/, orders/NNS for/IN new/JJ plant/NN and/CC equipment/NN ,/, and/CC backlogs/NNS of/IN orders/NNS for/IN durable/JJ goods/NNS ./. 
Meanwhile/RB ,/, the/DT National/NNP Association/NNP of/IN Manufacturers/NNPS said/VBD yesterday/NN a/DT recent/JJ poll/NN of/IN 53/CD executives/NNS on/IN its/PRP$ board/NN found/VBD that/IN 61/CD %/NN do/VBP n't/RB expect/VB a/DT recession/NN to/TO occur/VB until/IN 1991/CD or/CC later/RBR ./. 
The/DT remainder/NN expect/VBP a/DT downturn/NN to/TO begin/VB sometime/RB in/IN 
Although/IN manufacturers/NNS often/RB are/VBP quick/JJ to/TO call/VB for/IN lower/JJR interest/NN rates/NNS ,/, 60/CD %/NN of/IN the/DT executives/NNS said/VBD they/PRP would/MD prefer/VB that/IN the/DT Fed/NNP keep/VB inflation-fighting/NN as/IN its/PRP$ top/JJ priority/NN even/RB if/IN that/DT means/VBZ higher/JJR rates/NNS ./. 
The/DT other/JJ 40/CD %/NN said/VBD the/DT Fed/NNP ought/MD to/TO worry/VB less/RBR about/IN inflation/NN and/CC bring/VB interest/NN rates/NNS down/RP ./. 
All/PDT the/DT figures/NNS are/VBP adjusted/VBN to/TO remove/VB usual/JJ seasonal/JJ patterns/NNS ./. 
Here/RB are/VBP the/DT net/JJ contributions/NNS of/IN the/DT components/NNS of/IN the/DT Commerce/NNP Department/NNP 's/POS index/NN of/IN leading/VBG indicators/NNS ./. 
After/IN various/JJ adjustments/NNS ,/, they/PRP produced/VBD a/DT 0.5/CD %/NN rise/NN in/IN the/DT index/NN for/IN August/NNP and/CC a/DT 0.2/CD %/NN rise/NN for/IN September/NNP ./. 
September/NNP ,/, and/CC the/DT change/NN from/IN August/NNP ,/, are/VBP :/: from/IN 1.11/CD in/IN the/DT previous/JJ month/NN ./. 
Boston/NNP Edison/NNP Co./NNP said/VBD it/PRP will/MD take/VB a/DT previously/RB reported/VBN $/$ 60/CD million/CD charge/NN against/IN earnings/NNS in/IN the/DT fourth/JJ quarter/NN ./. 
The/DT charge/NN resulted/VBD from/IN a/DT settlement/NN approved/VBN yesterday/NN by/IN the/DT Massachusetts/NNP Department/NNP of/IN Public/NNP Utilities/NNPS ./. 
As/IN expected/VBN ,/, the/DT settlement/NN limits/VBZ rate/NN increases/NNS for/IN three/CD years/NNS and/CC ties/VBZ future/JJ charges/NNS to/TO customers/NNS for/IN operation/NN of/IN the/DT troubled/JJ Pilgrim/NNP Nuclear/NNP Power/NNP Station/NNP to/TO that/DT plant/NN 's/POS performance/NN ./. 
In/IN its/PRP$ order/NN ,/, the/DT state/NN regulatory/JJ agency/NN said/VBD the/DT company/NN ``/`` must/MD be/VB held/VBN accountable/JJ for/IN the/DT mistakes/NNS made/VBN in/IN the/DT management/NN of/IN the/DT plant/NN 's/POS operation/NN ./. ''/'' 
Pilgrim/NNP had/VBD been/VBN closed/JJ for/IN 32/CD months/NNS ./. 
The/DT average/JJ interest/NN rate/NN rose/VBD to/TO 8.3875/CD %/NN at/IN Citicorp/NNP 's/POS $/$ 50/CD million/CD weekly/JJ auction/NN of/IN 91-day/JJ commercial/JJ paper/NN ,/, or/CC corporate/JJ IOUs/NNS ,/, from/IN 8.337/CD %/NN at/IN last/JJ week/NN 's/POS sale/NN ./. 
Bids/NNS totaling/VBG $/$ 515/CD million/CD were/VBD submitted/VBN ./. 
Accepted/JJ bids/NNS ranged/VBD from/IN 8.38/CD %/NN to/TO 8.395/CD %/NN ./. 
Citicorp/NNP also/RB said/VBD that/IN the/DT average/JJ rate/NN rose/VBD to/TO 8.0087/CD %/NN at/IN its/PRP$ $/$ 50/CD million/CD auction/NN of/IN 182-day/JJ commercial/JJ paper/NN from/IN 7.962/CD %/NN at/IN last/JJ week/NN 's/POS sale/NN ./. 
Bids/NNS totaling/VBG $/$ 475/CD million/CD were/VBD submitted/VBN ./. 
Accepted/JJ bids/NNS ranged/VBD from/IN 8/CD %/NN to/TO 8.019/CD %/NN ./. 
The/DT bank/NN holding/NN company/NN will/MD auction/VB another/DT $/$ 50/CD million/CD in/IN each/DT maturity/NN next/IN Tuesday/NNP ./. 
An/DT imaginative/JJ novelist/NN writing/VBG a/DT thriller/NN about/IN amateur/JJ spy-chasing/NN might/MD invent/VB a/DT Clifford/NNP Stoll/NNP ,/, but/CC it/PRP 's/VBZ unlikely/JJ ./. 
It/PRP 's/VBZ also/RB unnecessary/JJ ./. 
Amateur/JJ spy-chaser/NN Clifford/NNP Stoll/NNP is/VBZ a/DT real/JJ person/NN ,/, or/CC as/IN he/PRP might/MD waggishly/RB put/VB it/PRP ,/, a/DT surreal/JJ person/NN ./. 
He/PRP is/VBZ 37/CD ,/, an/DT astronomer/NN with/IN impressive/JJ credentials/NNS ,/, and/CC something/NN of/IN a/DT genius/NN at/IN making/VBG computers/NNS do/VB his/PRP$ bidding/NN ./. 
He/PRP once/RB described/VBD himself/PRP as/IN a/DT ``/`` Berkeley/NNP Hippie/NNP ,/, ''/'' and/CC played/VBD the/DT role/NN well/RB ;/: obligatory/JJ ragged/JJ jeans/NNS ,/, a/DT thicket/NN of/IN long/JJ hair/NN and/CC rejection/NN of/IN all/DT things/NNS conventional/JJ ,/, including/VBG ,/, for/IN a/DT time/NN at/IN least/JJS ,/, formal/JJ marriage/NN to/TO his/PRP$ ``/`` sweetheart/NN ,/, ''/'' Martha/NNP Matthews/NNP ./. 
He/PRP also/RB is/VBZ an/DT entertaining/JJ writer/NN ,/, combining/VBG wisecracks/NNS and/CC wordplay/NN with/IN programmatic/JJ detail/NN and/CC lucid/JJ explanations/NNS of/IN how/WRB computers/NNS work/VBP ./. 
In/IN ``/`` The/DT Cuckoo/NN 's/POS Egg/NN ''/'' -LRB-/-LRB- Doubleday/NNP ,/, 326/CD pages/NNS ,/, $/$ 19.95/CD -RRB-/-RRB- ,/, he/PRP spins/VBZ a/DT remarkable/JJ tale/NN of/IN his/PRP$ efforts/NNS over/IN 18/CD months/NNS to/TO catch/VB a/DT computer/NN spy/NN ./. 
The/DT result/NN last/JJ spring/NN was/VBD the/DT arrest/NN by/IN West/JJ German/NNP authorities/NNS of/IN five/CD young/JJ West/NNPS Germans/NNPS ,/, accused/VBN of/IN stealing/VBG information/NN from/IN computers/NNS in/IN the/DT U.S./NNP and/CC Europe/NNP and/CC selling/VBG it/PRP to/TO the/DT Soviet/NNP KGB/NNP ./. 
One/CD of/IN them/PRP ,/, 25-year-old/JJ Markus/NNP Hess/NNP of/IN Hannover/NNP ,/, allegedly/RB used/VBD the/DT international/JJ telecommunications/NN network/NN to/TO break/VB into/IN more/JJR than/IN 30/CD high-security/JJ computers/NNS in/IN the/DT U.S./NNP ,/, searching/VBG for/IN secrets/NNS ./. 
He/PRP probably/RB did/VBD n't/RB penetrate/VB any/DT top-secret/JJ files/NNS ,/, but/CC the/DT KGB/NNP in/IN East/NNP Berlin/NNP was/VBD willing/JJ to/TO pay/VB two/CD of/IN his/PRP$ associates/NNS ,/, Peter/NNP Carl/NNP and/CC Dirk/NNP Brezinski/NNP ,/, $/$ 15,000/CD for/IN some/DT of/IN the/DT material/NN Hess/NNP collected/VBD ./. 
They/PRP promised/VBD yet/RB more/JJR for/IN really/RB good/JJ stuff/NN ./. 
Mr./NNP Stoll/NNP draws/VBZ his/PRP$ title/NN from/IN the/DT cuckoo/NN 's/POS habit/NN of/IN laying/VBG eggs/NNS in/IN the/DT nests/NNS of/IN other/JJ birds/NNS ,/, making/VBG them/PRP surrogate/JJ parents/NNS ./. 
The/DT computer/NN spy/NN had/VBD discovered/VBN that/IN a/DT popular/JJ editing\/electronic/JJ mail/NN program/NN called/VBN Gnu-Emacs/NNP could/MD do/VB tricks/NNS with/IN the/DT widely/RB used/JJ Unix/NNP operating/VBG system/NN created/VBN by/IN AT&T/NNP ./. 
Using/VBG Gnu-Emacs/NNP ,/, the/DT spy/NN could/MD substitute/VB a/DT bogus/JJ ``/`` atrun/JJ ''/'' program/NN for/IN the/DT one/NN that/WDT routinely/RB cleans/VBZ up/RP the/DT Unix/NNP system/NN every/DT five/CD minutes/NNS ./. 
Once/RB his/PRP$ cuckoo/NN 's/POS egg/NN was/VBD laid/VBN ,/, he/PRP could/MD enter/VB Unix/NNP and/CC become/VB a/DT ``/`` super-user/NN ,/, ''/'' with/IN access/NN to/TO everything/NN ./. 
Mr./NNP Stoll/NNP was/VBD scanning/VBG the/DT heavens/NNS at/IN the/DT Keck/NNP observatory/NN of/IN the/DT Lawrence/NNP Berkeley/NNP Laboratory/NNP in/IN 1986/CD when/WRB his/PRP$ grant/NN ran/VBD low/RB and/CC he/PRP was/VBD asked/VBN to/TO switch/VB to/TO helping/VBG run/VB the/DT lab/NN 's/POS computers/NNS ./. 
He/PRP discovered/VBD a/DT 75-cent/JJ discrepancy/NN in/IN the/DT charges/NNS made/VBN to/TO various/JJ departments/NNS for/IN computer/NN time/NN and/CC traced/VBD it/PRP to/TO a/DT user/NN named/VBN ``/`` Hunter/NNP ,/, ''/'' who/WP had/VBD no/DT valid/JJ billing/NN address/NN ./. 
Mr./NNP Stoll/NNP suspected/VBD the/DT intruder/NN was/VBD one/CD of/IN those/DT precocious/JJ students/NNS who/WP has/VBZ fun/NN breaking/VBG into/IN computers/NNS ./. 
But/CC after/IN much/JJ tracking/NN ,/, it/PRP became/VBD evident/JJ to/TO Mr./NNP Stoll/NNP ,/, through/IN various/JJ clues/NNS ,/, that/IN the/DT hacker/NN was/VBD not/RB on/IN the/DT Berkeley/NNP campus/NN or/CC even/RB in/IN California/NNP ./. 
Finding/VBG him/PRP became/VBD an/DT obsession/NN for/IN Mr./NNP Stoll/NNP ./. 
He/PRP made/VBD a/DT midnight/NN requisition/NN of/IN all/PDT the/DT printers/NNS he/PRP could/MD lay/VB hands/NNS on/RB so/IN that/IN he/PRP could/MD monitor/VB all/PDT the/DT telephone/NN lines/NNS coming/VBG into/IN the/DT lab/NN 's/POS computers/NNS ./. 
After/IN discovering/VBG that/IN the/DT hacker/NN had/VBD taken/VBN over/RP the/DT dormant/JJ account/NN of/IN a/DT legitimate/JJ user/NN named/VBN Joe/NNP Sventek/NNP ,/, he/PRP rigged/VBD up/RP an/DT alarm/NN system/NN ,/, including/VBG a/DT portable/JJ beeper/NN ,/, to/TO alert/VB him/PRP when/WRB Sventek/NNP came/VBD on/IN the/DT line/NN ./. 
Some/DT nights/NNS he/PRP slept/VBD under/IN his/PRP$ desk/NN ./. 
His/PRP$ boss/NN complained/VBD about/IN neglect/NN of/IN other/JJ chores/NNS ./. 
The/DT hacker/NN was/VBD pawing/VBG over/IN the/DT Berkeley/NNP files/NNS but/CC also/RB using/VBG Berkeley/NNP and/CC other/JJ easily/RB accessible/JJ computers/NNS as/IN stepping/JJ stones/NNS to/TO the/DT network/NN of/IN computers/NNS used/VBN by/IN the/DT military/NN and/CC national/JJ security/NN agencies/NNS ./. 
The/DT White/NNP Sands/NNPS missile/NN range/NN and/CC CIA/NNP contractor/NN Mitre/NNP Inc./NNP were/VBD among/IN the/DT targets/NNS ./. 
When/WRB the/DT hacker/NN moved/VBD ,/, Mr./NNP Stoll/NNP moved/VBD too/RB ,/, calling/VBG up/RP other/JJ systems/NNS managers/NNS to/TO alert/VB them/PRP but/CC keeping/VBG his/PRP$ own/JJ system/NN open/JJ to/TO avoid/VB arousing/VBG suspicion/NN ./. 
Sometimes/RB ,/, if/IN the/DT hacker/NN seemed/VBD to/TO be/VB into/IN a/DT sensitive/JJ file/NN ,/, he/PRP would/MD drag/VB his/PRP$ keychain/NN across/IN the/DT terminal/NN to/TO create/VB static/JJ or/CC slow/VB the/DT system/NN down/RP to/TO frustrate/VB his/PRP$ quarry/NN ./. 
The/DT FBI/NNP initially/RB showed/VBD little/JJ interest/NN ,/, and/CC he/PRP had/VBD the/DT impression/NN other/JJ federal/JJ security/NN agencies/NNS were/VBD tangled/VBN up/RB in/IN legal/JJ red/JJ tape/NN ./. 
The/DT CIA/NNP told/VBD him/PRP it/PRP does/VBZ not/RB do/VB domestic/JJ counterespionage/NN ./. 
One/PRP learns/VBZ a/DT lot/NN from/IN this/DT book/NN ,/, or/CC seems/VBZ to/TO ,/, about/IN crippling/JJ federal/JJ bureaucracy/NN ./. 
``/`` Seems/VBZ to/TO ''/'' because/IN it/PRP 's/VBZ possible/JJ that/IN the/DT CIA/NNP and/CC the/DT National/NNP Security/NNP Agency/NNP were/VBD more/RBR interested/JJ than/IN they/PRP let/VB on/RP to/TO Mr./NNP Stoll/NNP ./. 
Finally/RB ,/, he/PRP got/VBD help/NN ./. 
Tymnet/NNP is/VBZ a/DT major/JJ network/NN linking/VBG computers/NNS ./. 
One/CD of/IN its/PRP$ international/JJ specialists/NNS ,/, Steve/NNP White/NNP ,/, took/VBD a/DT quick/JJ interest/NN in/IN Mr./NNP Stoll/NNP 's/POS hunt/NN ,/, ultimately/RB tracing/VBG the/DT hacker/NN to/TO West/NNP Germany/NNP ./. 
The/DT West/NNPS Germans/NNPS then/RB took/VBD over/RB and/CC finally/RB found/VBD Markus/NNP Hess/NNP ./. 
Eventually/RB ,/, Mr./NNP Stoll/NNP was/VBD invited/VBN to/TO both/DT the/DT CIA/NNP and/CC NSA/NNP to/TO brief/VB high-ranking/JJ officers/NNS on/IN computer/NN theft/NN ./. 
He/PRP savored/VBD the/DT humor/NN of/IN his/PRP$ uncombed/JJ appearance/NN among/IN these/DT buttoned-up/JJ chaps/NNS ./. 
Back/RB in/IN Berkeley/NNP ,/, he/PRP was/VBD violently/RB scolded/VBN by/IN a/DT left-wing/JJ lady/NN friend/NN for/IN consorting/VBG with/IN such/JJ people/NNS ./. 
He/PRP became/VBD angry/JJ in/IN return/NN ./. 
He/PRP had/VBD developed/VBN a/DT hatred/NN for/IN the/DT hacker/NN and/CC a/DT grudging/JJ appreciation/NN of/IN the/DT federal/JJ ``/`` spooks/NNS ''/'' who/WP make/VBP national/JJ security/NN their/PRP$ business/NN ./. 
At/IN several/JJ different/JJ levels/NNS ,/, it/PRP 's/VBZ a/DT fascinating/JJ tale/NN ./. 
Mr./NNP Melloan/NNP is/VBZ deputy/JJ editor/NN of/IN the/DT Journal/NNP ./. 
Mips/NNP Computer/NNP Systems/NNPS Inc./NNP today/NN will/MD unveil/VB a/DT new/JJ general-purpose/JJ computer/NN that/WDT will/MD compete/VB with/IN more/RBR expensive/JJ machines/NNS from/IN companies/NNS such/JJ as/IN Sun/NNP Microsystems/NNPS Inc./NNP and/CC Digital/NNP Equipment/NNP Corp/NNP ./. 
The/DT closely/RB held/JJ Sunnyvale/NNP ,/, Calif./NNP ,/, company/NN also/RB will/MD announce/VB an/DT agreement/NN to/TO supply/VB computers/NNS to/TO Control/NNP Data/NNP Corp./NNP ,/, which/WDT will/MD sell/VB Mips/NNP machines/NNS under/IN its/PRP$ own/JJ label/NN ./. 
The/DT new/JJ Mips/NNP machine/NN ,/, called/VBN the/DT RC6280/NN ,/, will/MD cost/VB $/$ 150,000/CD for/IN a/DT basic/JJ system/NN ./. 
The/DT computer/NN processes/VBZ 55/CD million/CD instructions/NNS per/IN second/NN and/CC uses/VBZ only/RB one/CD central/JJ processing/VBG chip/NN ,/, unlike/IN many/JJ rival/JJ machines/NNS using/VBG several/JJ processors/NNS ./. 
The/DT machine/NN employs/VBZ reduced/JJ instruction-set/JJ computing/NN ,/, or/CC RISC/NNP ,/, technology/NN ./. 
At/IN that/DT price/NN ,/, an/DT analyst/NN familiar/JJ with/IN the/DT machine/NN said/VBD ,/, the/DT computer/NN offers/VBZ up/IN to/TO 10/CD times/NNS the/DT performance/NN of/IN similar/JJ machines/NNS ./. 
``/`` In/IN the/DT price/NN range/NN it/PRP 's/VBZ a/DT tremendously/RB high-performing/JJ product/NN ,/, ''/'' said/VBD Sandy/NNP Gant/NNP ,/, an/DT analyst/NN at/IN the/DT market-research/JJ firm/NN InfoCorp/NNP ./. 
The/DT machine/NN is/VBZ part/NN of/IN an/DT effort/NN by/IN Mips/NNP to/TO establish/VB itself/PRP as/IN a/DT supplier/NN of/IN computers/NNS ,/, not/RB just/RB of/IN integrated-circuit/JJ technology/NN ./. 
Mips/NNP also/RB wants/VBZ to/TO wedge/VB into/IN markets/NNS other/JJ than/IN traditional/JJ RISC/NNP applications/NNS such/JJ as/IN engineering/NN ;/: Mips/NNP said/VBD the/DT new/JJ machine/NN will/MD also/RB be/VB used/VBN by/IN businesses/NNS and/CC for/IN communications/NNS ./. 
``/`` This/DT clearly/RB demonstrates/VBZ that/IN Mips/NNP is/VBZ a/DT systems/NNS company/NN rather/RB than/IN just/RB a/DT chip/NN company/NN ,/, ''/'' said/VBD Mips/NNP Vice/NNP President/NNP John/NNP Hime/NNP ./. 
The/DT Control/NNP Data/NNP deal/NN is/VBZ a/DT boon/NN for/IN Mips/NNP because/IN it/PRP gives/VBZ the/DT the/DT five-year-old/JJ company/NN one/CD more/JJR ally/NN as/IN it/PRP battles/VBZ more/RBR established/JJ electronic/JJ concerns/NNS such/JJ as/IN Sun/NNP ,/, Hewlett-Packard/NNP Co./NNP ,/, Motorola/NNP Inc./NNP and/CC Intel/NNP Corp./NNP for/IN the/DT emerging/VBG market/NN for/IN RISC/NNP machines/NNS ./. 
RISC/NNP technology/NN speeds/VBZ up/RP a/DT computer/NN by/IN simplifying/VBG the/DT internal/JJ software/NN ./. 
For/IN Mips/NNP ,/, which/WDT expects/VBZ revenue/NN of/IN $/$ 100/CD million/CD this/DT year/NN ,/, big-name/JJ allies/NNS such/JJ as/IN Control/NNP Data/NNP are/VBP essential/JJ to/TO attract/VB software/NN developers/NNS to/TO the/DT company/NN 's/POS RISC/NNP architecture/NN ./. 
``/`` The/DT thing/NN it/PRP says/VBZ about/IN Mips/NNP is/VBZ that/IN they/PRP 're/VBP on/IN a/DT roll/NN right/RB now/RB ,/, ''/'' said/VBD Ms./NNP Gant/NNP at/IN InfoCorp/NNP ./. 
``/`` They/PRP 're/VBP getting/VBG some/DT major/JJ wins/NNS ,/, ''/'' she/PRP added/VBD ./. 
Last/JJ month/NN ,/, for/IN example/NN ,/, Mips/NNP agreed/VBD to/TO supply/VB its/PRP$ computers/NNS to/TO Nixdorf/NNP Computer/NNP AG/NNP of/IN West/NNP Germany/NNP and/CC France/NNP 's/POS Groupe/NNP Bull/NNP ./. 
Sony/NNP Corp./NNP ,/, Tandem/NNP Computers/NNPS Inc./NNP and/CC Digital/NNP Equipment/NNP have/VBP agreed/VBN to/TO sell/VB MIPS/NNP computers/NNS and/CC companies/NNS such/JJ as/IN Japan/NNP 's/POS NEC/NNP Corp./NNP and/CC West/NNP Germany/NNP 's/POS Siemens/NNP A.G./NNP have/VBP agreed/VBN to/TO make/VB Mips/NNP chips/NNS under/IN license/NN ./. 
Today/NN 's/POS agreement/NN gives/VBZ Control/NNP Data/NNP a/DT machine/NN to/TO compete/VB against/IN Digital/NNP and/CC other/JJ general-purpose/JJ computer/NN makers/NNS ,/, said/VBD John/NNP Logan/NNP ,/, a/DT computer-market/JJ analyst/NN at/IN Aberdeen/NNP Group/NNP Inc./NNP of/IN Boston/NNP ./. 
The/DT machine/NN is/VBZ essentially/RB a/DT mainframe/NN computer/NN ,/, he/PRP said/VBD ./. 
``/`` Suddenly/RB CDC/NNP -LRB-/-LRB- Control/NNP Data/NNP -RRB-/-RRB- has/VBZ a/DT competitive/JJ product/NN to/TO fight/VB back/RB against/IN the/DT VAX9000/NN ,/, ''/'' a/DT machine/NN Digital/NNP announced/VBD last/JJ month/NN ,/, he/PRP added/VBD ./. 
Control/NNP Data/NNP ,/, based/VBN in/IN Minneapolis/NNP ,/, Minn./NNP ,/, expects/VBZ its/PRP$ sales/NNS of/IN Mips/NNP systems/NNS ,/, including/VBG the/DT new/JJ RC6280/NN ,/, to/TO amount/VB to/TO more/JJR than/IN $/$ 100/CD million/CD by/IN the/DT end/NN of/IN 1991/CD ,/, Mips/NNP said/VBD ./. 
Nixdorf/NNP ,/, Bull/NNP and/CC others/NNS will/MD also/RB sell/VB versions/NNS of/IN the/DT machine/NN ,/, said/VBD Mips/NNP President/NNP Robert/NNP Miller/NNP ./. 
Mips/NNP will/MD start/VB shipping/VBG its/PRP$ new/JJ machine/NN in/IN the/DT first/JJ quarter/NN of/IN 1990/CD ,/, he/PRP said/VBD ./. 
The/DT machine/NN uses/VBZ a/DT single/JJ processor/NN ,/, which/WDT makes/VBZ it/PRP easier/JJR to/TO program/VB than/IN competing/VBG machines/NNS using/VBG several/JJ processors/NNS ./. 
The/DT computer/NN can/MD process/VB 13.3/CD million/CD calculations/NNS called/VBD floating-point/JJ operations/NNS every/DT second/NN ./. 
The/DT machine/NN can/MD run/VB software/NN written/VBN for/IN other/JJ Mips/NNP computers/NNS ,/, the/DT company/NN said/VBD ./. 
Another/DT fight/NN is/VBZ brewing/VBG between/IN Congress/NNP and/CC the/DT Bush/NNP administration/NN over/IN how/WRB to/TO pay/VB for/IN the/DT savings-and-loan/NN bailout/NN without/IN adding/VBG to/TO the/DT federal/JJ budget/NN deficit/NN ./. 
In/IN a/DT hearing/NN before/IN the/DT House/NNP Ways/NNPS and/CC Means/NNPS Committee/NNP ,/, the/DT General/NNP Accounting/NNP Office/NNP and/CC the/DT Congressional/NNP Budget/NNP Office/NNP ,/, which/WDT both/DT are/VBP arms/NNS of/IN Congress/NNP ,/, advised/VBD the/DT new/JJ S&L/NN bailout/NN agency/NN to/TO abandon/VB plans/NNS to/TO raise/VB temporary/JJ working/JJ capital/NN through/IN debt/NN issued/VBN from/IN an/DT agency/NN that/WDT would/MD n't/RB be/VB counted/VBN on/IN the/DT federal/JJ budget/NN ./. 
Officials/NNS of/IN the/DT Resolution/NNP Trust/NNP Corp./NNP have/VBP said/VBN privately/RB that/IN such/PDT a/DT plan/NN was/VBD the/DT most/RBS likely/JJ alternative/NN to/TO raise/VB short-term/JJ cash/NN for/IN the/DT bailout/NN ./. 
Instead/RB ,/, the/DT GAO/NNP and/CC the/DT Congressional/NNP Budget/NNP Office/NNP said/VBD ,/, the/DT RTC/NNP should/MD consider/VB using/VBG Treasury/NNP debt/NN ,/, which/WDT is/VBZ less/RBR expensive/JJ and/CC subject/JJ to/TO oversight/NN by/IN Congress/NNP ./. 
The/DT spending/NN could/MD be/VB exempted/VBN from/IN meeting/VBG deficit-reduction/JJ targets/NNS in/IN the/DT Gramm-Rudman/NNP budget/NN law/NN ./. 
The/DT RTC/NNP has/VBZ projected/VBN that/IN it/PRP will/MD require/VB between/IN $/$ 50/CD billion/CD to/TO $/$ 100/CD billion/CD in/IN temporary/JJ working/JJ capital/NN ./. 
The/DT borrowing/NN to/TO raise/VB these/DT funds/NNS would/MD be/VB paid/VBN off/RB as/IN assets/NNS of/IN sick/JJ thrifts/NNS are/VBP sold/VBN ./. 
The/DT new/JJ S&L/NN law/NN allows/VBZ the/DT RTC/NNP to/TO issue/VB notes/NNS for/IN as/RB much/JJ as/IN 85/CD %/NN of/IN the/DT value/NN of/IN the/DT assets/NNS it/PRP holds/VBZ ./. 
But/CC higher/JJR interest/NN rates/NNS paid/VBN on/IN off-budget/JJ debt/NN could/MD add/VB billions/NNS to/TO the/DT bailout/NN costs/NNS ,/, and/CC would/MD n't/RB be/VB subject/JJ to/TO congressional/JJ scrutiny/NN ,/, Ways/NNPS and/CC Means/NNPS members/NNS argued/VBD ./. 
``/`` To/TO allow/VB this/DT massive/JJ level/NN of/IN unfettered/JJ federal/JJ borrowing/NN without/IN prior/JJ congressional/JJ approval/NN would/MD be/VB irresponsible/JJ ,/, ''/'' said/VBD Rep./NNP Fortney/NNP Stark/NNP -LRB-/-LRB- D./NNP ,/, Calif./NNP -RRB-/-RRB- ,/, who/WP has/VBZ introduced/VBN a/DT bill/NN to/TO limit/VB the/DT RTC/NNP 's/POS authority/NN to/TO issue/VB debt/NN ./. 
The/DT RTC/NNP will/MD have/VB to/TO sell/VB or/CC merge/VB hundreds/NNS of/IN insolvent/JJ thrifts/NNS over/IN the/DT next/JJ three/CD years/NNS ./. 
The/DT new/JJ S&L/NN bailout/NN law/NN allows/VBZ $/$ 50/CD billion/CD to/TO be/VB spent/VBN to/TO sell/VB or/CC merge/VB sick/JJ S&Ls/NNS and/CC their/PRP$ assets/NNS ,/, but/CC that/DT is/VBZ a/DT net/JJ cost/NN ./. 
In/IN the/DT meantime/NN ,/, the/DT agency/NN must/MD raise/VB cash/NN to/TO maintain/VB assets/NNS ,/, such/JJ as/IN real/JJ estate/NN ,/, until/IN they/PRP can/MD be/VB sold/VBN ./. 
Then/RB the/DT short-term/JJ debt/NN is/VBZ paid/VBN off/RB through/IN the/DT proceeds/NNS of/IN selling/VBG the/DT assets/NNS ./. 
David/NNP Mullins/NNP ,/, assistant/NN secretary/NN of/IN the/DT Treasury/NNP ,/, said/VBD that/IN the/DT working/JJ capital/NN is/VBZ necessary/JJ to/TO reduce/VB the/DT final/JJ costs/NNS of/IN the/DT bailout/NN ,/, by/IN allowing/VBG the/DT agency/NN to/TO sell/VB savings/NNS and/CC loans/NNS without/IN their/PRP$ bad/JJ assets/NNS ,/, then/RB hold/VB the/DT assets/NNS until/IN they/PRP can/MD be/VB sold/VBN under/IN favorable/JJ conditions/NNS ./. 
He/PRP said/VBD it/PRP has/VBZ n't/RB yet/RB been/VBN determined/VBN how/WRB the/DT RTC/NNP will/MD raise/VB the/DT cash/NN ,/, but/CC the/DT administration/NN does/VBZ n't/RB want/VB it/PRP to/TO be/VB included/VBN on/IN the/DT federal/JJ budget/NN ,/, because/IN it/PRP would/MD ``/`` distort/VB ''/'' the/DT budget/NN process/NN by/IN requiring/VBG either/CC exemptions/NNS from/IN Gramm-Rudman/NNP or/CC big/JJ increases/NNS in/IN the/DT budget/NN deficit/NN ./. 
But/CC the/DT worst/JJS possibility/NN would/MD be/VB raising/VBG no/DT working/JJ capital/NN ,/, he/PRP said/VBD ./. 
``/`` If/IN working/JJ capital/NN financing/NN is/VBZ not/RB provided/VBN ,/, ''/'' he/PRP said/VBD ,/, ``/`` the/DT RTC/NNP may/MD have/VB to/TO slow/VB -LCB-/-LRB- S&L/NN sales/NNS -RCB-/-RRB- or/CC dump/VB acquired/VBN assets/NNS through/IN fire/NN sales/NNS ./. 
Panhandle/NNP Eastern/NNP Corp./NNP said/VBD it/PRP applied/VBD ,/, on/IN behalf/NN of/IN two/CD of/IN its/PRP$ subsidiaries/NNS ,/, to/TO the/DT Federal/NNP Energy/NNP Regulatory/NNP Commission/NNP for/IN permission/NN to/TO build/VB a/DT 352-mile/JJ ,/, $/$ 273/CD million/CD pipeline/NN system/NN from/IN Pittsburg/NNP County/NNP ,/, Okla./NNP ,/, to/TO Independence/NNP ,/, Miss/NNP ./. 
The/DT natural/JJ gas/NN pipeline/NN concern/NN said/VBD the/DT 500/CD million/CD cubic/JJ feet/NNS a/DT day/NN capacity/NN pipeline/NN would/MD be/VB built/VBN by/IN a/DT proposed/VBN joint/NN venture/NN between/IN two/CD Panhandle/NNP Eastern/NNP units/NNS -/: Texas/NNP Eastern/NNP Transmission/NNP Corp./NNP and/CC Trunkline/NNP Gas/NNP Co/NNP ./. 
Texas/NNP Eastern/NNP Transmission/NNP will/MD build/VB and/CC operate/VB the/DT system/NN ,/, which/WDT will/MD connect/VB the/DT Arkoma/NNP Basin/NNP with/IN several/JJ interstate/JJ pipelines/NNS ./. 
Now/RB was/VBD that/IN a/DT quarter/NN cup/NN or/CC a/DT half/JJ cup/NN ?/. 
Not/RB a/DT gripping/JJ question/NN ,/, unless/IN you/PRP 're/VBP the/DT pastry/NN chef/NN of/IN this/DT city/NN 's/POS Chez/NNP Panisse/NNP restaurant/NN and/CC you/PRP 've/VBP just/RB lost/VBN your/PRP$ priceless/JJ personal/JJ dessert/NN notebook/NN ./. 
Chez/NNP Panisse/NNP was/VBD listed/VBN among/IN the/DT top/JJ 30/CD restaurants/NNS in/IN the/DT world/NN this/DT year/NN by/IN Connoisseur/NNP magazine/NN ./. 
The/DT tattered/JJ black/JJ binder/NN ,/, bulging/VBG with/IN 18/CD years/NNS '/POS worth/NN of/IN recipes/NNS held/VBN together/RB by/IN rubber/NN bands/NNS ,/, was/VBD in/IN chef/NN Lindsey/NNP Shere/NNP 's/POS purse/NN when/WRB it/PRP was/VBD stolen/VBN from/IN her/PRP$ house/NN recently/RB ./. 
The/DT Berkeley/NNP police/NNS do/VBP n't/RB have/VB any/DT leads/NNS but/CC doubt/VB the/DT crime/NN was/VBD driven/VBN by/IN a/DT passion/NN for/IN sweets/NNS ./. 
Instead/RB ,/, they/PRP figure/VBP the/DT culprit/NN probably/RB took/VBD money/NN from/IN Ms./NNP Shere/NNP 's/POS wallet/NN and/CC discarded/VBD all/PDT the/DT tips/NNS in/IN the/DT five-by-eight-inch/JJ looseleaf/NN ./. 
Chez/NNP Panisse/NNP ,/, whose/WP$ founder/NN ,/, Alice/NNP Waters/NNP ,/, is/VBZ considered/VBN the/DT inventor/NN of/IN the/DT cooking/JJ style/NN known/VBN as/IN California/NNP cuisine/NN and/CC whose/WP$ patrons/NNS make/VBP reservations/NNS a/DT month/NN in/IN advance/NN ,/, has/VBZ n't/RB exactly/RB subjected/VBN diners/NNS to/TO vanilla/NN ice/NN cream/NN because/IN of/IN the/DT theft/NN ./. 
For/IN one/CD thing/NN ,/, Ms./NNP Shere/NNP can/MD draw/VB on/IN her/PRP cookbook/NN ,/, published/VBN by/IN Random/NNP House/NNP four/CD years/NNS ago/RB ,/, which/WDT is/VBZ teeming/VBG with/IN recipes/NNS for/IN such/JJ specialties/NNS as/IN kiwi/NN sherbet/NN ,/, gooseberry/NN fool/NN -LRB-/-LRB- a/DT creamy/JJ dish/NN made/VBN with/IN crushed/JJ stewed/JJ berries/NNS -RRB-/-RRB- and/CC hazelnut/NN ``/`` oeufs/FW a/FW la/FW neige/FW ./. ''/'' 
For/IN another/DT ,/, sympathetic/JJ fans/NNS have/VBP sent/VBN Ms./NNP Shere/NNP copies/NNS of/IN her/PRP$ recipes/NNS clipped/VBN from/IN magazines/NNS over/IN the/DT years/NNS ./. 
Still/RB ,/, the/DT restaurant/NN 's/POS ever-changing/JJ menu/NN of/IN five-course/JJ dinners/NNS --/: it/PRP supposedly/RB has/VBZ n't/RB repeated/VBN a/DT meal/NN since/IN opening/VBG in/IN 1971/CD --/: requires/VBZ constant/JJ improvisation/NN ./. 
And/CC that/DT puts/VBZ added/JJ pressure/NN on/IN Chez/NNP Panisse/NNP dessert-menu/NN planners/NNS ./. 
``/`` We/PRP make/VBP what/WP we/PRP know/VBP how/WRB to/TO make/VB ,/, ''/'' says/VBZ business/NN manager/NN Richard/NNP Mazzera/NNP ./. 
Many/JJ in/IN the/DT Bay/NNP Area/NNP 's/POS pastry/NN community/NN express/VBP disbelief/NN that/IN Ms./NNP Shere/NNP kept/VBD only/RB one/CD copy/NN of/IN such/JJ valuable/JJ notes/NNS ,/, but/CC she/PRP has/VBZ received/VBN moral/JJ support/NN from/IN Baker/NNP 's/POS Dozen/NNP ,/, a/DT group/NN of/IN California/NNP pastry/NN chefs/NNS that/WDT meets/VBZ regularly/RB to/TO discuss/VB issues/NNS like/VB how/WRB to/TO keep/VB meringues/NNS from/IN weeping/VBG and/CC how/WRB bovine/JJ eating/JJ habits/NNS affect/VBP butter/NN texture/NN ./. 
Ms./NNP Shere/NNP has/VBZ offered/VBN a/DT $/$ 500/CD reward/NN for/IN the/DT book/NN 's/POS return/NN but/CC figures/VBZ she/PRP 'll/MD have/VB to/TO reinvent/VB many/JJ recipes/NNS from/IN scratch/NN ./. 
``/`` It/PRP 's/VBZ an/DT overwhelming/JJ job/NN ,/, ''/'' she/PRP says/VBZ ./. 
``/`` There/EX are/VBP so/RB many/JJ possible/JJ proportions/NNS when/WRB you/PRP consider/VBP how/WRB many/JJ things/NNS are/VBP made/VBN out/IN of/IN eggs/NNS and/CC butter/NN and/CC milk/NN ./. 
Newport/NNP Electronics/NNPS Inc./NNP named/VBD a/DT new/JJ slate/NN of/IN officers/NNS ,/, a/DT move/NN that/WDT follows/VBZ replacement/NN of/IN the/DT company/NN 's/POS five/CD incumbent/JJ directors/NNS last/JJ week/NN ./. 
Milton/NNP B./NNP Hollander/NNP ,/, 60/CD years/NNS old/JJ ,/, was/VBD named/VBN chief/JJ executive/NN officer/NN ,/, succeeding/VBG Barrett/NNP B./NNP Weekes/NNP ./. 
Mr./NNP Hollander/NNP 's/POS Stamford/NNP ,/, Conn.-based/JJ High/NNP Technology/NNP Holding/NNP Co./NNP acquired/VBD most/JJS of/IN its/PRP$ 49.4/CD %/NN stake/NN in/IN Newport/NNP in/IN August/NNP ./. 
Mr./NNP Hollander/NNP was/VBD named/VBN chairman/NN last/JJ week/NN ,/, succeeding/VBG Mr./NNP Weekes/NNP ,/, who/WP was/VBD among/IN the/DT ousted/VBN directors/NNS ./. 
The/DT company/NN has/VBZ declined/VBN requests/NNS to/TO discuss/VB the/DT changes/NNS ,/, but/CC Mr./NNP Weekes/NNP has/VBZ said/VBN that/IN Mr./NNP Hollander/NNP wanted/VBD to/TO have/VB his/PRP$ own/JJ team/NN ./. 
Scott/NNP Wakeman/NNP was/VBD named/VBN president/NN and/CC chief/JJ operating/VBG officer/NN of/IN U.S./NNP operations/NNS ,/, titles/NNS that/WDT had/VBD been/VBN held/VBN by/IN Mr./NNP Weekes/NNP ./. 
Mr./NNP Wakeman/NNP was/VBD vice/NN president/NN of/IN the/DT instrument/NN and/CC controls/NNS division/NN of/IN closely/RB held/JJ Omega/NNP Engineering/NNP Inc./NNP ,/, another/DT company/NN controlled/VBN by/IN Mr./NNP Hollander/NNP ./. 
A/DT company/NN spokesman/NN did/VBD n't/RB know/VB Mr./NNP Wakeman/NNP 's/POS age/NN ./. 
James/NNP R./NNP Lees/NNP ,/, 51/CD ,/, vice/NN president/NN of/IN Newport/NNP 's/POS European/JJ operations/NNS ,/, was/VBD named/VBN executive/NN vice/NN president/NN and/CC chief/JJ operating/VBG officer/NN of/IN European/JJ operations/NNS ,/, assuming/VBG some/DT former/JJ duties/NNS of/IN Mr./NNP Weekes/NNP ./. 
Arthur/NNP B./NNP Crozier/NNP ,/, 34/CD ,/, an/DT attorney/NN ,/, was/VBD named/VBN secretary/NN ,/, succeeding/VBG John/NNP Virtue/NNP ,/, who/WP was/VBD another/DT of/IN the/DT ousted/VBN directors/NNS ./. 
UNIFIRST/NNP Corp./NNP declared/VBD a/DT 2-for-1/JJ stock/NN split/NN ./. 
The/DT Wilmington/NNP ,/, Mass./NNP ,/, garment/NN service/NN company/NN also/RB boosted/VBD its/PRP$ quarterly/JJ dividend/NN 20/CD %/NN to/TO three/CD cents/NNS a/DT share/NN adjusted/VBN for/IN the/DT split/NN ./. 
The/DT dividend/NN had/VBD been/VBN five/CD cents/NNS a/DT share/NN ./. 
The/DT split/NN and/CC quarterly/JJ dividend/NN will/MD be/VB payable/JJ Jan./NNP 3/CD to/TO stock/NN of/IN record/NN Nov./NNP 16/CD ,/, the/DT company/NN said/VBD ./. 
The/DT split/NN will/MD raise/VB the/DT number/NN of/IN shares/NNS outstanding/JJ to/TO about/IN 10.2/CD million/CD ./. 
Separately/RB ,/, UniFirst/NNP reported/VBD that/DT net/JJ income/NN rose/VBD 21/CD %/NN to/TO $/$ 3/CD million/CD ,/, or/CC 29/CD cents/NNS a/DT share/NN adjusted/VBN for/IN the/DT split/NN ,/, for/IN the/DT fourth/JJ quarter/NN ended/VBN Aug./NNP 26/CD ./. 
A/DT year/NN earlier/RB UniFirst/NNP earned/VBD $/$ 2.4/CD million/CD ,/, or/CC 24/CD cents/NNS a/DT share/NN adjusted/VBN for/IN the/DT split/NN ./. 
Sales/NNS rose/VBD to/TO $/$ 52.4/CD million/CD from/IN $/$ 50.1/CD million/CD ./. 
Fibreboard/NNP Corp./NNP said/VBD it/PRP completed/VBD the/DT previously/RB reported/JJ sale/NN of/IN approximately/RB 27,500/CD acres/NNS of/IN timberland/NN near/IN Truckee/NNP ,/, Calif./NNP ,/, to/TO closely/RB held/JJ Sierra/NNP Pacific/NNP Industries/NNPS Corp./NNP ,/, Arcata/NNP ,/, Calif./NNP ,/, for/IN $/$ 32.5/CD million/CD ./. 
The/DT lumber/NN ,/, insulation/NN and/CC fireproofing/NN concern/NN said/VBD the/DT transaction/NN ,/, which/WDT includes/VBZ a/DT swap/NN of/IN other/JJ timber/NN interests/NNS ,/, would/MD result/VB in/IN a/DT $/$ 13.5/CD million/CD after-tax/JJ gain/NN ,/, to/TO be/VB recorded/VBN in/IN the/DT fourth/JJ quarter/NN ./. 
Healthcare/NNP International/NNP Inc./NNP said/VBD it/PRP reached/VBD a/DT 120-day/JJ standstill/NN agreement/NN with/IN its/PRP$ HealthVest/NNP affiliate/NN calling/VBG for/IN Healthcare/NNP to/TO pay/VB HealthVest/NNP $/$ 5/CD million/CD right/RB away/RB and/CC additional/JJ amounts/NNS in/IN the/DT future/NN ./. 
Under/IN the/DT agreement/NN ,/, Healthcare/NNP ,/, a/DT manager/NN of/IN health-care/NN facilities/NNS ,/, said/VBD it/PRP would/MD pay/VB HealthVest/NNP $/$ 3.9/CD million/CD in/IN overdue/JJ rent/NN and/CC mortgage/NN payments/NNS and/CC repay/VB $/$ 1.1/CD million/CD in/IN funds/NNS that/IN HealthVest/NNP advanced/VBD for/IN construction/NN work/NN on/IN facilities/NNS ./. 
In/IN return/NN ,/, HealthVest/NNP agreed/VBD that/IN it/PRP wo/MD n't/RB exercise/VB its/PRP$ rights/NNS and/CC remedies/NNS against/IN Healthcare/NNP during/IN the/DT 120-day/JJ period/NN ./. 
After/IN the/DT payment/NN ,/, Healthcare/NNP still/RB will/MD be/VB $/$ 6.5/CD million/CD in/IN arrears/NNS on/IN rent/NN and/CC mortgage/NN payments/NNS to/TO HealthVest/NNP ,/, a/DT real/JJ estate/NN investment/NN trust/NN whose/WP$ portfolio/NN consists/VBZ largely/RB of/IN properties/NNS operated/VBN by/IN Healthcare/NNP ./. 
Healthcare/NNP has/VBZ given/VBN HealthVest/NNP a/DT 12/CD %/NN note/NN for/IN that/DT overdue/JJ amount/NN ,/, to/TO be/VB repaid/VBN over/IN three/CD years/NNS ./. 
In/IN addition/NN ,/, Healthcare/NNP agreed/VBD to/TO make/VB monthly/JJ rent/NN and/CC mortgage/NN payments/NNS of/IN $/$ 2.7/CD million/CD to/TO $/$ 3/CD million/CD to/TO HealthVest/NNP during/IN the/DT standstill/JJ period/NN ,/, to/TO be/VB paid/VBN when/WRB Healthcare/NNP successfully/RB completes/VBZ asset/NN sales/NNS ./. 
Because/IN Healthcare/NNP actually/RB owes/VBZ HealthVest/NNP $/$ 4.2/CD million/CD in/IN rent/NN and/CC mortgage/NN payments/NNS each/DT month/NN ,/, the/DT amount/NN due/JJ above/IN the/DT amount/NN paid/VBN will/MD be/VB added/VBN to/TO the/DT three-year/JJ note/NN ./. 
The/DT funds/NNS should/MD help/VB ease/VB a/DT cash/NN bind/NN at/IN HealthVest/NNP ,/, which/WDT has/VBZ been/VBN unable/JJ to/TO pay/VB its/PRP$ debts/NNS because/IN Healthcare/NNP has/VBZ n't/RB made/VBD complete/JJ rent/NN and/CC mortgage/NN payments/NNS since/IN July/NNP ./. 
A/DT spokesman/NN said/VBD HealthVest/NNP has/VBZ paid/VBN two/CD of/IN the/DT three/CD banks/NNS it/PRP owed/VBD interest/NN to/TO in/IN October/NNP and/CC is/VBZ in/IN negotiations/NNS with/IN the/DT third/JJ bank/NN ./. 
Healthcare/NNP ,/, which/WDT has/VBZ been/VBN in/IN a/DT severe/JJ liquidity/NN bind/NN ,/, said/VBD it/PRP is/VBZ able/JJ to/TO make/VB the/DT payments/NNS because/IN it/PRP completed/VBD a/DT transaction/NN with/IN Greenery/NNP Rehabilitation/NNP Group/NNP Inc./NNP in/IN which/WDT Greenery/NNP purchased/VBD stock/NN and/CC warrants/NNS for/IN $/$ 500,000/CD and/CC loaned/VBD Healthcare/NNP $/$ 9/CD million/CD ./. 
The/DT loan/NN is/VBZ backed/VBN by/IN Healthcare/NNP 's/POS 5.4/CD %/NN stake/NN in/IN HealthVest/NNP and/CC interest/NN in/IN certain/JJ facilities/NNS ./. 
I/PRP was/VBD pleased/JJ to/TO note/VB that/DT your/PRP$ Oct./NNP 23/CD Centennial/NNP Journal/NNP item/NN recognized/VBD the/DT money-fund/NN concept/NN as/IN one/CD of/IN the/DT significant/JJ events/NNS of/IN the/DT past/JJ century/NN ./. 
Actually/RB ,/, about/IN two/CD years/NNS ago/RB ,/, the/DT Journal/NNP listed/VBD the/DT creation/NN of/IN the/DT money/NN fund/NN as/IN one/CD of/IN the/DT 10/CD most/RBS significant/JJ events/NNS in/IN the/DT world/NN of/IN finance/NN in/IN the/DT 20th/JJ century/NN ./. 
But/CC the/DT Reserve/NNP Fund/NNP ,/, America/NNP 's/POS first/JJ money/NN fund/NN ,/, was/VBD not/RB named/VBN ,/, nor/CC were/VBD the/DT creators/NNS of/IN the/DT money-fund/NN concept/NN ,/, Harry/NNP Brown/NNP and/CC myself/PRP ./. 
We/PRP innovated/VBD telephone/NN redemptions/NNS ,/, daily/JJ dividends/NNS ,/, total/JJ elimination/NN of/IN share/NN certificates/NNS and/CC the/DT constant/JJ $/$ 1/CD pershare/JJ pricing/NN ,/, all/DT of/IN which/WDT were/VBD painfully/RB thought/VBN out/RB and/CC not/RB the/DT result/NN of/IN some/DT inadvertence/NN on/IN the/DT part/NN of/IN the/DT SEC/NNP ./. 
President/NN 
The/DT Reserve/NNP Fund/NNP 
The/DT crowning/JJ moment/NN in/IN the/DT career/NN of/IN Joseph/NNP F./NNP O'Kicki/NNP came/VBD as/IN 300/CD local/JJ and/CC state/NN dignitaries/NNS packed/VBD into/IN his/PRP$ elegant/JJ ,/, marble-columned/JJ courtroom/NN here/RB last/JJ year/NN for/IN his/PRP$ swearing/NN in/RB as/IN President/NNP Judge/NNP of/IN Cambria/NNP County/NNP ./. 
Baskets/NNS of/IN roses/NNS and/CC potted/JJ palms/NNS adorned/VBD his/PRP$ bench/NN ./. 
The/DT local/JJ American/NNP Legion/NNP color/NN guard/NN led/VBD the/DT way/NN ./. 
As/IN the/DT judge/NN marched/VBD down/IN the/DT center/JJ aisle/NN in/IN his/PRP$ flowing/VBG black/JJ robe/NN ,/, he/PRP was/VBD heralded/VBN by/IN a/DT trumpet/NN fanfare/NN ./. 
To/TO many/JJ ,/, it/PRP was/VBD a/DT ceremony/NN more/RBR befitting/JJ a/DT king/NN than/IN a/DT rural/JJ judge/NN seated/VBN in/IN the/DT isolated/JJ foothills/NNS of/IN the/DT southern/JJ Allegheny/NNP Mountains/NNPS ./. 
But/CC then/RB Judge/NNP O'Kicki/NNP often/RB behaved/VBD like/IN a/DT man/NN who/WP would/MD be/VB king/NN --/: and/CC ,/, some/DT say/VBP ,/, an/DT arrogant/JJ and/CC abusive/JJ one/NN ./. 
While/IN his/PRP$ case/NN may/MD be/VB extreme/JJ ,/, it/PRP reflects/VBZ the/DT vulnerability/NN of/IN many/JJ small/JJ communities/NNS to/TO domineering/JJ judges/NNS ./. 
Last/JJ March/NNP ,/, nine/CD months/NNS after/IN the/DT judge/NN 's/POS swearing-in/NN ,/, the/DT state/NN attorney/NN general/NN 's/POS office/NN indicted/VBD him/PRP on/IN a/DT sweeping/JJ array/NN of/IN charges/NNS alleging/VBG more/JJR than/IN 10/CD years/NNS of/IN ``/`` official/JJ oppression/NN ''/'' in/IN Cambria/NNP County/NNP ,/, a/DT depressed/JJ steel/NN and/CC mining/NN community/NN in/IN western/JJ Pennsylvania/NNP ./. 
The/DT allegations/NNS ,/, ranging/VBG from/IN theft/NN and/CC bribery/NN to/TO coercion/NN and/CC lewdness/NN ,/, paint/VBP a/DT disquieting/JJ picture/NN ./. 
According/VBG to/TO testimony/NN in/IN a/DT public/NN ,/, 80-page/JJ grand-jury/NN report/NN handed/VBD up/RB to/TO the/DT state/NN attorney/NN general/NN ,/, Judge/NNP O'Kicki/NNP extorted/VBD cash/NN from/IN lawyers/NNS ,/, muscled/VBD favorable/JJ loans/NNS from/IN banks/NNS and/CC bullied/VBD local/JJ businesses/NNS for/IN more/JJR than/IN a/DT decade/NN ./. 
Prosecutors/NNS ,/, in/IN an/DT indictment/NN based/VBN on/IN the/DT grand/JJ jury/NN 's/POS report/NN ,/, maintain/VBP that/IN at/IN various/JJ times/NNS since/IN 1975/CD ,/, he/PRP owned/VBD a/DT secret/JJ and/CC illegal/JJ interest/NN in/IN a/DT beer/NN distributorship/NN ;/: plotted/VBD hidden/JJ ownership/NN interests/NNS in/IN real/JJ estate/NN that/WDT presented/VBD an/DT alleged/JJ conflict/NN of/IN interest/NN ;/: set/VBN up/RP a/DT dummy/JJ corporation/NN to/TO buy/VB a/DT car/NN and/CC obtain/VB insurance/NN for/IN his/PRP$ former/JJ girlfriend/NN -LRB-/-LRB- now/RB his/PRP$ second/JJ wife/NN -RRB-/-RRB- ;/: and/CC maintained/VBD 54/CD accounts/NNS in/IN six/CD banks/NNS in/IN Cambria/NNP County/NNP ./. 
In/IN testimony/NN recorded/VBN in/IN the/DT grand/JJ jury/NN report/NN ,/, court/NN employees/NNS said/VBD the/DT judge/NN ,/, now/RB 59/CD years/NNS old/JJ ,/, harassed/VBD his/PRP$ secretaries/NNS ,/, made/VBD imperial/JJ demands/NNS on/IN his/PRP$ staff/NN and/CC hounded/VBD anyone/NN who/WP crossed/VBD him/PRP ./. 
Bailiffs/NNS claimed/VBD they/PRP were/VBD required/VBN to/TO chauffeur/VB him/PRP to/TO and/CC from/IN work/NN ,/, mow/VB his/PRP$ lawn/NN ,/, chop/VB his/PRP$ wood/NN ,/, fix/VB his/PRP$ car/NN and/CC even/RB drop/VB by/RP his/PRP$ house/NN to/TO feed/VB his/PRP$ two/CD grown/JJ mutts/NNS ,/, Dixie/NNP and/CC Husky/NNP ./. 
One/CD former/JJ bailiff/NN charged/VBD that/IN the/DT judge/NN double-crossed/VBD him/PRP by/IN reneging/VBG on/IN a/DT promise/NN of/IN a/DT better/RBR paying/JJ job/NN after/IN pocketing/VBG a/DT $/$ 500/CD bribe/NN ./. 
Some/DT of/IN the/DT allegations/NNS are/VBP simply/RB bizarre/JJ ./. 
Two/CD former/JJ secretaries/NNS told/VBD the/DT grand/JJ jury/NN they/PRP were/VBD summoned/VBN to/TO the/DT judge/NN 's/POS chambers/NNS on/IN separate/JJ occasions/NNS to/TO take/VB dictation/NN ,/, only/RB to/TO find/VB the/DT judge/NN in/IN his/PRP$ bikini/NN underwear/NN ./. 
One/CD secretary/NN testified/VBD that/IN the/DT judge/NN once/RB called/VBD her/PRP to/TO his/PRP$ office/NN while/IN wearing/VBG nothing/NN at/IN all/DT ./. 
The/DT judge/NN ,/, suspended/VBN from/IN his/PRP$ bench/NN pending/VBG his/PRP$ trial/NN ,/, which/WDT began/VBD this/DT week/NN ,/, vehemently/RB denies/VBZ all/PDT the/DT allegations/NNS against/IN him/PRP ,/, calling/VBG them/PRP ``/`` ludicrous/JJ ''/'' and/CC ``/`` imaginative/JJ ,/, political/JJ demagoguery/NN ./. ''/'' 
He/PRP blames/VBZ the/DT indictment/NN on/IN local/JJ political/JJ feuding/NN ,/, unhappiness/NN with/IN his/PRP$ aggressive/JJ efforts/NNS to/TO clear/VB the/DT courthouse/NN 's/POS docket/NN and/CC a/DT vendetta/NN by/IN state/NN investigators/NNS and/CC prosecutors/NNS angered/VBN by/IN some/DT of/IN his/PRP$ rulings/NNS against/IN them/PRP ./. 
``/`` I/PRP do/VBP n't/RB know/VB whose/WP$ toes/NNS I/PRP 've/VBP stepped/VBN on/IN ,/, ''/'' says/VBZ the/DT judge/NN ./. 
``/`` I/PRP 'll/MD find/VB out/RB ,/, eventually/RB ,/, who/WP pushed/VBD the/DT state/NN police/NN buttons/NNS into/IN action/NN ./. ''/'' 
Even/RB if/IN only/RB some/DT of/IN the/DT allegations/NNS stand/VBP up/RP ,/, however/RB ,/, they/PRP provide/VBP ample/JJ testimony/NN to/TO the/DT awesome/JJ power/NN of/IN judges/NNS in/IN rural/JJ communities/NNS ./. 
That/DT power/NN can/MD sometimes/RB be/VB abused/JJ ,/, particularly/RB since/IN jurists/NNS in/IN smaller/JJR jurisdictions/NNS operate/VBP without/IN many/JJ of/IN the/DT restraints/NNS that/WDT serve/VBP as/IN corrective/JJ measures/NNS in/IN urban/JJ areas/NNS ./. 
Lawyers/NNS and/CC their/PRP$ clients/NNS who/WP frequently/RB bring/VBP business/NN to/TO a/DT country/NN courthouse/NN can/MD expect/VB to/TO appear/VB before/IN the/DT same/JJ judge/NN year/NN after/IN year/NN ./. 
Fear/NN of/IN alienating/VBG that/DT judge/NN is/VBZ pervasive/JJ ,/, says/VBZ Maurice/NNP Geiger/NNP ,/, founder/NN and/CC director/NN of/IN the/DT Rural/NNP Justice/NNP Center/NNP in/IN Montpelier/NNP ,/, Vt./NNP ,/, a/DT public/JJ interest/NN group/NN that/WDT researches/VBZ rural/JJ justice/NN issues/NNS ./. 
As/IN a/DT result/NN ,/, says/VBZ Mr./NNP Geiger/NNP ,/, lawyers/NNS think/VBP twice/RB before/RB appealing/VBG a/DT judge/NN 's/POS ruling/NN ,/, are/VBP reluctant/JJ to/TO mount/VB ,/, or/CC even/RB support/VB ,/, challenges/NNS against/IN him/PRP for/IN re-election/NN and/CC are/VBP usually/RB loath/JJ to/TO file/VB complaints/NNS that/WDT might/MD impugn/VB a/DT judge/NN 's/POS integrity/NN ./. 
Judge/NNP O'Kicki/NNP ,/, a/DT stern/JJ and/CC forbidding-looking/JJ man/NN ,/, has/VBZ been/VBN a/DT fixture/NN in/IN the/DT local/JJ legal/JJ community/NN for/IN more/JJR than/IN two/CD decades/NNS ./. 
The/DT son/NN of/IN an/DT immigrant/JJ stonemason/NN of/IN Slovenian/JJ descent/NN ,/, he/PRP was/VBD raised/VBN in/IN a/DT small/JJ borough/NN outside/IN Ebensburg/NNP ,/, the/DT Cambria/NNP County/NNP seat/NN ,/, and/CC put/VBD himself/PRP through/IN the/DT University/NNP of/IN Pittsburgh/NNP Law/NNP School/NNP ./. 
He/PRP graduated/VBD near/IN the/DT top/NN of/IN his/PRP$ class/NN ,/, serving/VBG on/IN the/DT school/NN law/NN review/NN with/IN Richard/NNP Thornburgh/NNP ,/, who/WP went/VBD on/RP to/TO become/VB governor/NN of/IN Pennsylvania/NNP and/CC ,/, now/RB ,/, U.S./NNP Attorney/NNP General/NNP ./. 
It/PRP was/VBD also/RB in/IN law/NN school/NN that/IN Mr./NNP O'Kicki/NNP and/CC his/PRP$ first/JJ wife/NN had/VBD the/DT first/JJ of/IN seven/CD daughters/NNS ./. 
He/PRP divorced/VBD his/PRP$ first/JJ wife/NN three/CD years/NNS ago/RB and/CC married/VBD the/DT daughter/NN of/IN his/PRP$ court/NN clerk/NN ./. 
Last/JJ year/NN ,/, Pennsylvania/NNP Supreme/NNP Court/NNP Justice/NNP John/NNP P./NNP Flaherty/NNP called/VBD Mr./NNP O'Kicki/NNP one/CD of/IN the/DT finest/JJS judges/NNS ``/`` not/RB only/RB in/IN Pennsylvania/NNP but/CC in/IN the/DT United/NNP States/NNPS ./. ''/'' 
Clearly/RB ,/, the/DT judge/NN has/VBZ had/VBN his/PRP$ share/NN of/IN accomplishments/NNS ./. 
After/IN practicing/VBG law/NN locally/RB ,/, he/PRP was/VBD elected/VBN to/TO his/PRP$ first/JJ 10-year/JJ term/NN as/IN judge/NN in/IN 1971/CD ;/: in/IN 1981/CD ,/, he/PRP was/VBD effectively/RB re-elected/VBN ./. 
Six/CD years/NNS ago/RB ,/, Judge/NNP O'Kicki/NNP was/VBD voted/VBN president/NN of/IN the/DT Pennsylvania/NNP Conference/NNP of/IN State/NNP Trial/NNP Judges/NNP by/IN the/DT state/NN 's/POS 400/CD judges/NNS ./. 
He/PRP has/VBZ been/VBN considered/VBN several/JJ times/NNS for/IN appointments/NNS to/TO federal/JJ district/NN and/CC appellate/JJ court/NN vacancies/NNS in/IN Pennsylvania/NNP ./. 
And/CC when/WRB he/PRP ran/VBD unsuccessfully/RB for/IN a/DT state/NN appellate/JJ court/NN seat/NN in/IN 1983/CD ,/, the/DT Pennsylvania/NNP Bar/NNP Association/NNP rated/VBD him/PRP ``/`` one/CD of/IN the/DT best/RBS available/JJ ,/, ''/'' after/IN interviewing/VBG local/JJ lawyers/NNS ./. 
``/`` He/PRP probably/RB was/VBD the/DT smartest/JJS guy/NN who/WP ever/RB sat/VBD on/IN our/PRP$ bench/NN ,/, ''/'' says/VBZ a/DT former/JJ president/NN of/IN Cambria/NNP County/NNP 's/POS 150-member/JJ bar/NN association/NN ,/, who/WP ,/, like/IN most/JJS lawyers/NNS in/IN Cambria/NNP County/NNP ,/, refuses/VBZ to/TO talk/VB about/IN the/DT judge/NN publicly/RB ./. 
``/`` He/PRP 's/VBZ sharp/JJ as/IN a/DT tack/NN ./. 
He/PRP could/MD grasp/VB an/DT issue/NN with/IN the/DT blink/NN of/IN an/DT eye/NN ./. ''/'' 
For/IN more/JJR than/IN a/DT decade/NN ,/, virtually/RB no/DT one/NN complained/VBD about/IN Judge/NNP O'Kicki/NNP ./. 
``/`` What/WP about/IN those/DT institutions/NNS that/WDT are/VBP supposed/VBN to/TO be/VB the/DT bedrock/NN of/IN society/NN ,/, the/DT banks/NNS and/CC the/DT bar/NN association/NN .../: ?/. ''/'' wrote/VBD a/DT columnist/NN for/IN the/DT Tribune-Democrat/NNP ,/, a/DT newspaper/NN in/IN nearby/JJ Johnstown/NNP ,/, shortly/RB after/IN the/DT scandal/NN became/VBD public/JJ ./. 
``/`` If/IN only/RB a/DT banker/NN or/CC a/DT lawyer/NN had/VBD spoken/VBN out/RP years/NNS ago/RB ,/, the/DT judicial/JJ process/NN would/MD n't/RB be/VB under/IN the/DT taint/NN it/PRP is/VBZ today/NN ./. ''/'' 
Officials/NNS with/IN the/DT Pennsylvania/NNP Judicial/NNP Inquiry/NNP and/CC Review/NNP Board/NNP ,/, the/DT arm/NN of/IN the/DT state/NN that/WDT investigates/VBZ judicial/JJ misconduct/NN ,/, counter/VBP that/IN they/PRP had/VBD no/DT inkling/NN of/IN anything/NN amiss/JJ in/IN Ebensburg/NNP ./. 
``/`` Nobody/NN told/VBD us/PRP ;/: nobody/NN called/VBD us/PRP ,/, ''/'' says/VBZ an/DT official/JJ close/NN to/TO the/DT case/NN who/WP asked/VBD not/RB to/TO be/VB named/VBN ./. 
``/`` Nobody/NN had/VBD the/DT guts/NNS to/TO complain/VB ./. ''/'' 
Certainly/RB not/RB the/DT lawyers/NNS ./. 
Johnstown/NNP attorney/NN Richard/NNP J./NNP Green/NNP Jr./NNP shelled/VBD out/RP $/$ 500/CD in/IN loans/NNS to/TO the/DT judge/NN over/IN five/CD years/NNS ,/, he/PRP said/VBD in/IN testimony/NN to/TO the/DT grand/JJ jury/NN ./. 
``/`` The/DT judge/NN never/RB made/VBD a/DT pretense/NN of/IN repaying/VBG the/DT money/NN ,/, ''/'' said/VBD Mr./NNP Green/NNP ./. 
Eventually/RB ,/, Mr./NNP Green/NNP testified/VBD ,/, he/PRP began/VBD ducking/VBG out/RB of/IN his/PRP$ office/NN rather/RB than/IN face/VB the/DT judge/NN when/WRB he/PRP visited/VBD ./. 
When/WRB Mr./NNP Green/NNP won/VBD a/DT $/$ 240,000/CD verdict/NN in/IN a/DT land/NN condemnation/NN case/NN against/IN the/DT state/NN in/IN June/NNP 1983/CD ,/, he/PRP says/VBZ Judge/NNP O'Kicki/NNP unexpectedly/RB awarded/VBD him/PRP an/DT additional/JJ $/$ 100,000/CD ./. 
Mr./NNP Green/NNP thought/VBD little/RB of/IN it/PRP ,/, he/PRP told/VBD the/DT grand/JJ jury/NN ,/, until/IN the/DT judge/NN walked/VBD up/RB to/TO him/PRP after/IN the/DT courtroom/NN had/VBD cleared/VBN and/CC suggested/VBD a/DT kickback/NN ./. 
``/`` Do/VBP n't/RB you/PRP think/VB I/PRP ought/MD to/TO get/VB a/DT commission/NN .../: or/CC part/NN of/IN your/PRP$ fee/NN in/IN this/DT case/NN ?/. ''/'' Mr./NNP Green/NNP said/VBD the/DT judge/NN asked/VBD him/PRP ./. 
Appalled/JJ ,/, Mr./NNP Green/NNP never/RB paid/VBD the/DT money/NN ,/, he/PRP testified/VBD ./. 
But/CC he/PRP did/VBD n't/RB complain/VB to/TO the/DT state/NN 's/POS Judicial/NNP Inquiry/NNP and/CC Review/NNP Board/NNP ,/, either/RB ,/, saying/VBG later/RBR that/IN he/PRP feared/VBD retribution/NN ./. 
Mr./NNP O'Kicki/NNP said/VBD he/PRP will/MD respond/VB to/TO Mr./NNP Green/NNP 's/POS allegation/NN at/IN his/PRP$ trial/NN ./. 
Like/IN most/JJS of/IN Cambria/NNP County/NNP 's/POS lawyers/NNS and/CC residents/NNS who/WP had/VBD dealings/NNS with/IN the/DT judge/NN ,/, Mr./NNP Green/NNP declined/VBD to/TO be/VB interviewed/VBN for/IN this/DT article/NN ./. 
And/CC no/DT one/NN with/IN a/DT complaint/NN about/IN the/DT judge/NN would/MD allow/VB his/PRP$ name/NN to/TO be/VB printed/VBN ./. 
``/`` I/PRP do/VBP n't/RB have/VB anything/NN much/JJ to/TO say/VB ,/, and/CC I/PRP think/VBP that/DT 's/VBZ what/WP you/PRP 're/VBP going/VBG to/TO find/VB from/IN everyone/NN else/RB you/PRP talk/VBP to/TO up/RB here/RB ,/, ''/'' says/VBZ local/JJ attorney/NN Edward/NNP F./NNP Peduzzi/NNP ./. 
Says/VBZ another/DT lawyer/NN :/: ``/`` The/DT practice/NN of/IN law/NN is/VBZ a/DT matter/NN of/IN biting/VBG one/PRP 's/POS lip/NN when/WRB you/PRP live/VBP in/IN a/DT small/JJ community/NN ./. 
One/PRP had/VBD best/RBS not/RB dance/VB on/IN top/NN of/IN a/DT coffin/NN until/IN the/DT lid/NN is/VBZ sealed/VBN tightly/RB shut/VBN ./. ''/'' 
The/DT judge/NN was/VBD considered/VBN imperious/JJ ,/, abrasive/JJ and/CC ambitious/JJ ,/, those/DT who/WP practiced/VBD before/IN him/PRP say/VBP ./. 
He/PRP sipped/VBD tea/NN sweetened/JJ with/IN honey/NN from/IN his/PRP$ high-backed/JJ leather/NN chair/NN at/IN his/PRP$ bench/NN ,/, while/IN scribbling/VBG notes/NNS ordering/VBG spectators/NNS to/TO stop/VB whispering/NN or/CC to/TO take/VB off/RP their/PRP$ hats/NNS in/IN his/PRP$ courtroom/NN ./. 
Four/CD years/NNS ago/RB ,/, he/PRP jailed/VBD all/DT nine/CD members/NNS of/IN the/DT Cambria/NNP County/NNP School/NNP Board/NNP for/IN several/JJ hours/NNS after/IN they/PRP defied/VBD his/PRP$ order/NN to/TO extend/VB the/DT school/NN year/NN by/IN several/JJ weeks/NNS to/TO make/VB up/RP for/IN time/NN lost/VBN during/IN a/DT teachers/NNS '/POS strike/NN ./. 
Visitors/NNS in/IN his/PRP$ chambers/NNS say/VBP he/PRP could/MD cite/VB precisely/RB the/DT years/NNS ,/, months/NNS ,/, weeks/NNS and/CC days/NNS remaining/VBG until/IN mandatory/JJ retirement/NN would/MD force/VB aside/RB the/DT presiding/VBG president/NN judge/NN ,/, giving/VBG Judge/NNP O'Kicki/NNP the/DT seniority/NN required/VBN to/TO take/VB over/RP as/IN the/DT county/NN 's/POS top/JJ court/NN administrator/NN ./. 
The/DT judge/NN ,/, they/PRP say/VBP ,/, was/VBD fiercely/RB proud/JJ of/IN his/PRP$ abilities/NNS and/CC accomplishments/NNS ./. 
``/`` My/PRP$ name/NN is/VBZ judge/NN ,/, ''/'' Judge/NNP O'Kicki/NNP told/VBD a/DT car/NN salesman/NN in/IN Ebensburg/NN when/WRB he/PRP bought/VBD a/DT new/JJ red/JJ Pontiac/NNP Sunbird/NNP in/IN October/NNP 1984/CD ,/, according/VBG to/TO the/DT grand-jury/JJ report/NN ./. 
The/DT dealership/NN dutifully/RB recorded/VBD the/DT sale/NN under/IN the/DT name/NN ``/`` Judge/NNP O'Kicki/NNP ./. ''/'' 
Yet/RB ,/, despite/IN the/DT judge/NN 's/POS imperial/JJ bearing/NN ,/, no/DT one/NN ever/RB had/VBD reason/NN to/TO suspect/VB possible/JJ wrongdoing/NN ,/, says/VBZ John/NNP Bognato/NNP ,/, president/NN of/IN Cambria/NNP County/NNP 's/POS 150-member/JJ bar/NN association/NN ./. 
``/`` The/DT arrogance/NN of/IN a/DT judge/NN ,/, his/PRP$ demeanor/NN ,/, the/DT way/NN he/PRP handles/VBZ people/NNS are/VBP not/RB a/DT basis/NN for/IN filing/VBG a/DT complaint/NN ,/, ''/'' says/VBZ Mr./NNP Bognato/NNP ./. 
``/`` Until/IN this/DT came/VBD up/RB and/CC hit/VB the/DT press/NN ,/, there/EX was/VBD never/RB any/DT indication/NN that/IN he/PRP was/VBD doing/VBG anything/NN wrong/JJ ./. ''/'' 
State/NN investigators/NNS dispute/VBP that/DT view/NN now/RB ,/, particularly/RB in/IN light/NN of/IN the/DT judge/NN 's/POS various/JJ business/NN dealings/NNS in/IN Cambria/NNP County/NNP ./. 
The/DT judge/NN came/VBD under/IN scrutiny/NN in/IN late/JJ 1987/CD ,/, after/IN the/DT state/NN attorney/NN general/NN 's/POS office/NN launched/VBD an/DT unrelated/JJ investigation/NN into/IN corruption/NN in/IN Cambria/NNP County/NNP ./. 
The/DT inquiry/NN soon/RB focused/VBD on/IN the/DT judge/NN ./. 
Even/RB his/PRP$ routine/JJ business/NN transactions/NNS caused/VBD trouble/NN ,/, according/VBG to/TO the/DT grand/JJ jury/NN report/NN ./. 
When/WRB the/DT judge/NN bought/VBD his/PRP$ new/JJ Sunbird/NNP from/IN James/NNP E./NNP Black/NNP Pontiac-Cadillac/NNP in/IN Ebensburg/NNP five/CD years/NNS ago/RB ,/, the/DT dealership/NN had/VBD ``/`` certain/JJ apprehensions/NNS ''/'' about/IN the/DT judge/NN 's/POS reputation/NN ,/, according/VBG to/TO the/DT grand-jury/JJ report/NN ./. 
The/DT dealership/NN took/VBD the/DT extra/JJ step/NN of/IN having/VBG all/PDT the/DT paper/NN work/NN for/IN the/DT transaction/NN pre-approved/VBN by/IN Ebensburg/NNP 's/POS local/JJ lender/NN ,/, Laurel/NNP Bank/NNP ./. 
Then/RB ,/, as/IN an/DT additional/JJ precaution/NN ,/, the/DT car/NN dealership/NN took/VBD the/DT judge/NN 's/POS photograph/NN as/IN he/PRP stood/VBD next/JJ to/TO his/PRP$ new/JJ car/NN with/IN sales/NNS papers/NNS in/IN hand/NN --/: proof/NN that/IN he/PRP had/VBD received/VBN the/DT loan/NN documents/NNS ./. 
But/CC when/WRB the/DT judge/NN received/VBD his/PRP$ payment/NN book/NN ,/, he/PRP disavowed/VBD the/DT deal/NN ./. 
``/`` There/EX was/VBD no/DT loan/NN ,/, there/EX is/VBZ no/DT loan/NN ,/, there/EX never/RB shall/MD be/VB a/DT loan/NN ,/, ''/'' the/DT judge/NN wrote/VBD the/DT bank/NN on/IN his/PRP$ judicial/JJ stationery/NN ,/, according/VBG to/TO the/DT report/NN ./. 
Later/RBR ,/, the/DT judge/NN went/VBD a/DT step/NN farther/RB ./. 
After/IN Laurel/NNP Bank/NNP tried/VBD to/TO repossess/VB the/DT car/NN ,/, a/DT vice/NN president/NN asked/VBD him/PRP to/TO intervene/VB in/IN an/DT unrelated/JJ legal/JJ dispute/NN involving/VBG a/DT trust/NN account/NN ./. 
The/DT judge/NN wrote/VBD again/RB ./. 
``/`` I/PRP find/VBP myself/PRP in/IN an/DT adversary/NN relationship/NN with/IN Laurel/NNP Bank/NNP ,/, and/CC I/PRP am/VBP not/RB inclined/JJ to/TO extend/VB myself/PRP as/RB far/RB as/IN any/DT favors/NNS are/VBP concerned/VBN ,/, ''/'' the/DT judge/NN wrote/VBD back/RB in/IN a/DT letter/NN attached/VBN to/TO the/DT grand/JJ jury/NN 's/POS report/NN ./. 
``/`` Perhaps/RB if/IN my/PRP$ personal/JJ matters/NNS can/MD be/VB resolved/VBN with/IN Laurel/NNP bank/NN in/IN the/DT near/JJ future/NN ,/, I/PRP may/MD be/VB inclined/VBN to/TO reconsider/VB your/PRP$ request/NN .../: ./. ''/'' 
The/DT judge/NN now/RB says/VBZ it/PRP was/VBD ``/`` unfortunate/JJ ''/'' that/IN he/PRP chose/VBD to/TO write/VB the/DT letter/NN but/CC says/VBZ ``/`` there/EX was/VBD certainly/RB no/RB intent/NN to/TO extort/VB there/RB ./. ''/'' 
The/DT bank/NN acquiesced/VBD ./. 
It/PRP refinanced/VBD the/DT judge/NN 's/POS loan/NN ,/, lowered/VBD its/PRP$ interest/NN rate/NN and/CC accepted/VBD a/DT trade-in/NN that/WDT had/VBD n't/RB originally/RB been/VBN part/NN of/IN the/DT deal/NN --/: a/DT beat/JJ up/JJ 1981/CD Chevy/NNP Citation/NNP the/DT dealer/NN had/VBD to/TO repair/VB before/IN it/PRP could/MD be/VB resold/VBN ./. 
The/DT incident/NN was/VBD n't/RB the/DT only/JJ time/NN the/DT judge/NN got/VBD special/JJ treatment/NN from/IN his/PRP$ local/JJ bank/NN ./. 
Two/CD years/NNS later/RB ,/, he/PRP wrote/VBD to/TO complain/VB that/IN the/DT interest/NN he/PRP was/VBD paying/VBG on/IN an/DT unsecured/JJ $/$ 10,000/CD loan/NN was/VBD ``/`` absolutely/RB onerous/JJ ./. ''/'' 
Paul/NNP L./NNP Kane/NNP ,/, Laurel/NNP 's/POS president/NN at/IN the/DT time/NN ,/, quickly/RB responded/VBD ./. 
The/DT bank/NN ,/, he/PRP wrote/VBD back/RB ,/, was/VBD ``/`` immediately/RB ''/'' lowering/VBG the/DT rate/NN by/IN 3.5/CD %/NN ,/, ``/`` as/IN a/DT concession/NN to/TO you/PRP ./. ''/'' 
The/DT judge/NN says/VBZ he/PRP ca/MD n't/RB discuss/VB in/IN detail/NN how/WRB he/PRP will/MD defend/VB himself/PRP at/IN his/PRP$ trial/NN ,/, although/IN he/PRP contends/VBZ that/IN if/IN he/PRP were/VBD as/RB corrupt/JJ as/IN state/NN prosecutors/NNS believe/VBP ,/, he/PRP would/MD be/VB far/RB wealthier/JJR than/IN he/PRP is/VBZ ./. 
His/PRP$ seven-bedroom/JJ cedar/NN and/CC brick/NN house/NN outside/IN of/IN Johnstown/NNP is/VBZ up/RB for/IN sale/NN to/TO pay/VB for/IN his/PRP$ lawyers/NNS ./. 
The/DT judge/NN says/VBZ he/PRP is/VBZ confident/JJ he/PRP will/MD return/VB to/TO his/PRP$ old/JJ bench/NN ./. 
Already/RB ,/, he/PRP notes/VBZ ,/, the/DT 76/CD charges/NNS originally/RB filed/VBN against/IN him/PRP have/VBP been/VBN trimmed/VBN to/TO 27/CD ./. 
Most/JJS of/IN the/DT allegations/NNS no/RB longer/RB pending/VBG were/VBD ethics/NNS charges/NNS withdrawn/VBN by/IN state/NN prosecutors/NNS as/IN part/NN of/IN a/DT pre-trial/JJ agreement/NN ./.