The bill intends to restrict the RTC to Treasury borrowings only , unless the agency receives specific congressional authorization . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R This financing system was created in the new law in order to keep the bailout spending from swelling the budget deficit . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Another $ ## billion would be raised through Treasury bonds , which pay lower interest rates . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R `` It 's a problem that clearly has to be resolved , '' said David Cooke , executive director of the RTC . ||| SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R `` We would have to wait until we have collected on those assets before we can move forward , '' he said . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R `` The RTC is going to have to pay a price of prior consultation on the Hill if they want that kind of flexibility . '' ||| SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R The Ways and Means Committee will hold a hearing on the bill next Tuesday . ||| SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R We 're about to see if advertising works . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R Their mission is to keep clients from fleeing the market , as individual investors did in droves after the crash in October ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R Just days after the #### crash , major brokerage firms rushed out ads to calm investors . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R This time around , they 're moving even faster . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R Fidelity Investments placed new ads in newspapers yesterday , and wrote another new ad appearing today . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Shearson Lehman Hutton Inc. by yesterday afternoon had already written new TV ads . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R It considered running them during tomorrow night 's World Series broadcast but decided not to when the market recovered yesterday . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Other brokerage firms , including Merrill Lynch & Co. , were plotting out potential new ad strategies . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R The brokerage firms learned a lesson the last time around , when frightened investors flooded the phone lines and fled the market in a panic . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R This time , the firms were ready . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R The ads touted Fidelity 's automated ###-number beneath the huge headline , `` Fidelity Is Ready For Your Call . '' ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R A Fidelity spokesman says the ###-line , which already was operating but which many clients did n't know about , received about double the usual volume of calls over the weekend . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R `` A lot of investor confidence comes from the fact that they can speak to us , '' he says . ||| SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R `` To maintain that dialogue is absolutely crucial . ||| SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R We had to think about it ahead of time . '' ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R It goes on to plug a few diversified Fidelity funds by name . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R PaineWebber also was able to gear up quickly thanks to the #### crash . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R It also negotiated an arrangement with Cable News Network under which CNN would agree to air its last-minute creations . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Taped just as the market closed yesterday , it offers Ms. Farrell advising , `` We view the market here as going through a relatively normal cycle ... . ||| SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R The spot was scheduled to appear three times on CNN last night . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R PaineWebber considered an even harder sell , recommending specific stocks . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R He adds , `` This is n't #### revisited . '' ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R With the market fluctuating and then closing up more than ## points yesterday , investment firms had to constantly revise their approach . ||| SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R At Shearson Lehman , executives created potential new commercials Friday night and throughout the weekend , then had to regroup yesterday afternoon . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The plan had been to make one of Shearson 's easy-to-film , black-and-white `` Where We Stand '' commercials , which have been running occasionally in response to news events since #### . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The ad would have run during the World Series tomorrow , replacing the debut commercial of Shearson 's new ad campaign , `` Leadership by Example . '' ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R But in a meeting after the market closed yesterday , Shearson executives decided not to go ahead with the stock-market ad . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R `` We do n't think at this point anything needs to be said . ||| SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R The market seems to be straightening out ; we 're taking a wait-and-see attitude , '' says Cathleen B. Stewart , executive vice president of marketing . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R In any case , the brokerage firms are clearly moving faster to create new ads than they did in the fall of #### . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R But it remains to be seen whether their ads will be any more effective . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R In #### , despite a barrage of ads from most of the major investment firms , individuals ran from the market en masse . ||| SHIFT SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R Now the firms must try their hardest to prove that advertising can work this time around . ||| SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Ad Notes ... . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R Terms were n't disclosed . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R John Verret , the agency 's president and chief executive , will retain the title of president . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Separately , McDonald 's Corp. , Oak Brook , Ill. , named Arnold to handle its estimated $ # million cooperative ad account for the Hartford , Conn. , area . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R EDUCATION ADS : ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_R A ###-page ad supplement to Business Week 's special `` Corporate Elite '' issue calls on business leaders to use their clout to help solve the nation 's education crisis . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The supplement , the largest ever for the magazine , includes ads from ## corporate advertisers and kicks off a two-year Business Week initiative on education . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The magazine will distribute ## % of the gross revenues from the supplement as grants to innovative teachers . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R You know what the law of averages is , do n't you ? ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R Morever , much of the damage was accomplished by A 's who had some catching up to do . ||| SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R In game two , on a cool Sunday evening in this land of perpetual autumn , a lot of the catching up was done by the A 's catcher , Terry Steinbach . ||| SHIFT SHIFT SHIFT REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R `` If you get your pitch , and take a good swing , anything can happen , '' he later remarked . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R On Saturday night , quite a few of the boys in green and gold salted away successes to salve the pain of past and , no doubt , future droughts . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The same goes for Mike Moore , another veteran who overcame early struggles to permit the Giants but a run and four hits in seven innings in Sunday 's contest . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R He 's an ex-hurler who 's one of the leading gurus of the fashionable delivery , which looks like a fastball until it dives beneath the lunging bat . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The upshot of the downshoot is that the A 's go into San Francisco 's Candlestick Park tonight up two games to none in the best-of-seven fest . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The stat to reckon with here says that about three of four clubs -LRB-- ## of ## -RRB-- that took #-# Series leads went on to win it all . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R That 's not an average to soothe Giant rooters . ||| SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R A few folks even showed up wearing caps bearing the colors and emblems of both teams . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The only thing I 'm rooting for is for the Series to go seven games , '' said David Williams , a Sacramento septuagenarian , at the Coliseum before Sunday 's go . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R The above represents a triumph of either apathy or civility . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R In the opening game , besides Steinbach and Stewart , there was Walt Weiss , a twiggy-looking , second-year shortstop who had lost a couple months of the season to knee surgery . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R He was flawless afield -LRB-- ditto in game two -RRB-- , moved a runner along in the A 's three-run second inning , and homered for his team 's final tally . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R `` When you 're in the groove , you see every ball tremendously , '' he lectured . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R The cold guys in the set were Will Clark , Kevin Mitchell and Matt Williams , the Giants ' #-#-# hitters . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R They combined for ## hits , six home runs and ## runs batted in in the five games against the Cubs . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R They went a collective #-for-## here , with zero homers and ribbies . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R It 's that last set of numbers , as much as anything else , that gives the Giants hope in the Series games to come . ||| SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R `` I believe in the law of averages , '' declared San Francisco batting coach Dusty Baker after game two . ||| SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R `` I 'd rather see a so-so hitter who 's hot come up for the other side than a good hitter who 's cold . '' ||| SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R Net income for the quarter fell to $ ##.# million from $ ###.# million , roughly what analysts had expected . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R But per-share profit dropped only # % to $ #.## a share from $ #.## a share , as the company continued its stock buy-back plan . ||| SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R Average shares outstanding dropped to ##.# million from ##.# million . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R Revenue fell # % to $ #.## billion from $ #.## billion . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The company , however , said orders in the U.S. showed `` good gains '' during the latest quarter . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Analysts estimate those gains at ## % to ## % , a good part of it coming from large orders placed by a few of NCR 's major customers . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R In the year-earlier fourth quarter , NCR had profit of $ ###.# million , or $ #.## a share , on revenue of $ #.# billion . ||| SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Revenue projections were slashed to $ #.## billion from $ #.## billion . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Last year , NCR had net income of $ ###.# million , or $ #.## a share , on $ #.## billion in revenue . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R In New York Stock Exchange composite trading yesterday , NCR shares fell ## cents to close at $ ## . ||| SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R That should stop a lot of account-churning , and produce a stock market driven only by professional concern , careful thought and good sense . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Phyllis Kyle Stephenson Newport News , Va . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R Steve Clark , a Shearson Lehman Hutton Inc. trader , reported for work at # a.m. , two and a half hours before the usual Monday morning strategy meeting . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R `` I had calls all night long from the States , '' he said . ||| SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R People are looking for possible opportunities to buy , but nobody wants to stick their chin out . '' ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R By lunchtime , the selling was at near-panic fever . ||| SHIFT SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R But as the day ended in a frantic Wall Street-inspired rally , the City breathed a sigh of relief . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R In the wake of Wall Street 's plunge last Friday , the London market was considered especially vulnerable . ||| SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R And before the opening of trading here yesterday , all eyes were on early trading in Tokyo for a clue as to how widespread the fallout might be . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R By the time trading officially got under way at # a.m. , the news from Asia was in . ||| SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R And it left mixed signals for London . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R Tokyo stocks closed off a significant but less-than-alarming #.# % on thin volume ; Hong Kong stocks declined #.# % in orderly trading . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Right away , the reds outnumbered the blues , ## to ## , as the index opened at ####.# , off ###.# points , or # % . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The Jefferies office , a branch of the Los Angeles-based firm , played it conservatively , seeking to avoid risk . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R `` This is not the sort of market to have a big position in , '' said David Smith , who heads trading in all non-U.S. stocks . ||| SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Jefferies spent most of its energies in the morning trying to match buyers and sellers , and there were n't many buyers . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R Seconds later , a #,###-share `` sell '' order for Scottish & Newcastle came in . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R For the third time in ## minutes , a trader next to Mr. Smith left the no-smoking area to have a cigarette . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R On the screens , only two forlorn blue figures remained , but the index had recovered a few points and was off about ### . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R He targeted #,### shares of Reuters and punched a button to call up on his screen other dealers ' price quotes . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The vivid yellow figures showed the best price at ### pence , -LRB-- $ ##.## -RRB-- and Mr. Smith 's traders started putting out feelers . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R But the market sensed a serious buyer on a day dominated by selling , and the quotes immediately jumped to ### pence . ||| SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R `` It 's very frustrating . '' ||| SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R He temporarily abandoned his search for the Reuters shares . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R `` Fundamentally dangerous ... , '' Mr. Smith said , almost in a whisper , `` ... . fundamentally weak ... fairly vulnerable still ... extremely dangerously poised ... ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R we 're in for a lot of turbulence ... . '' ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R He was right . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R By midday , the London market was in full retreat . ||| SHIFT SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R `` It 's falling like a stone , '' said Danny Linger , a pit trader who was standing outside the London International Financial Futures Exchange . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Only half the usual lunchtime crowd gathered at the tony Corney & Barrow wine bar on Old Broad Street nearby . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Conversation was subdued as most patrons watched the latest market statistics on television . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R This market has been very badly damaged . '' ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R As Wall Street traders dumped American Depositary Receipts in Jaguar PLC , Mr. Streeter and trader Sam Ruiz bought them to resell in the U.K . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Suddenly , after about ## minutes , the U.S. markets rallied . ||| SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R `` The MMI has gone better , '' shouted one trader at about #:## London time , as the U.S. Major Markets Index contract suddenly indicated a turnabout . ||| SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R As Wall Street strengthened , the London trading room went wild . ||| SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R Traders shouted as their screens posted an ever-narrowing loss on Wall Street . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Then , nine minutes later , Wall Street suddenly rebounded to a gain on the day . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R `` Rally ! Rally ! Rally ! '' shouted Shearson trader Andy Rosen , selling more Jaguar shares . ||| SHIFT SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R As the London market rallied , some wondered whether the weekend of worrying and jitters had been worth it . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The London index closed at ####.# , its high for the day , off ##.# , or about #.# % . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Do n't be such a pessimist , Mr. Ambassador . ||| SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R Frank Tremdine ||| SHIFT SHIFT REDUCE_L The House Aviation Subcommittee approved a bill that would give the transportation secretary authority to review and approve leveraged buy-outs of major U.S. airlines . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The collapsed plan to acquire UAL Corp. , parent of United Airlines , spurred quick action on the legislation , introduced Wednesday and approved by the subcommittee on a voice vote yesterday . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Elaine Chao , deputy transportation secretary , also sent a letter to express the administration 's opposition to the bill `` in its present form . '' ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R He also said the fact that the other letter had n't come from Transportation Secretary Samuel Skinner indicated there is `` wiggle room '' in the administration 's position . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R But they cited the UAL and AMR examples as reasons to move quickly to enact this legislation . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Aides both in the House and Senate said the withdrawal of the Trump bid for AMR is n't likely to deflate efforts to push the legislation . ||| SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The bill is aimed at addressing the concern that an airline might sacrifice costly safety measures to pay off the debt incurred in a leveraged buy-out . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R It also would require the acquiring party to notify the transportation secretary and to provide all information relevant to determining the intent of the acquisition . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R If more information is needed , the secretary would have authority to extend the review period ## days . ||| SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R But several committee members disapproved , some backing Mr. Trump 's claim that the threat of regulation caused the failure of the UAL deal and the stock-market plunge . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R In a possible prelude to the resumption of talks between Boeing Co. and striking Machinists union members , a federal mediator said representatives of the two sides will meet with him tomorrow . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R `` We 're encouraged that talks are scheduled again but beyond that , we have made no expression of expectations , '' a Boeing spokesman said . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R Now in its ##th day , the strike has idled about ##,### machinists and has started to delay delivery of some jetliners . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R With a strike fund of about $ ### million , the union had said it was prepared for a long strike . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Work at Boeing continues with supervisors and other non-striking personnel manning the lines . ||| SHIFT SHIFT SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Under Kansas right-to-work laws , contracts can not require workers to be union members . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R Boeing has declined to say how many employees are working at its giant Renton , Wash. , plant . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Union officials could n't be reached for comment . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R DPC Acquisition Partners , a hostile suitor for Dataproducts Corp. , said it intends to launch a tender offer for the computer printer maker 's common stock . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R A DPC spokesman declined to elaborate on the group 's new plan . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Dataproducts , which had been seeking a buyer for several months , announced a restructuring plan in September and took itself off the auction block . ||| SHIFT SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The company 's restructuring includes plans to split into three sectors , to phase out domestic printer manufacturing operations and to sell its New England subsidiary . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R As part of the plan , Dataproducts announced a pact to sell $ ## million of its real estate holdings to Trizec Properties Inc. , a unit of Canada 's Trizec Corp . ||| SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Jack Davis , Dataproducts ' president , chairman and chief executive officer , said the company `` is at a loss to understand DPC 's intentions . '' ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_R SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R Share prices plummeted across Europe yesterday in response to Friday 's New York sell-off , but some issues staged a late comeback after Wall Street opened without another rout . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R European investors have further reason for optimism today , after the U.S. rebound . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R The Frankfurt Stock Exchange , which closed before the New York exchanges opened , was the hardest hit of the major European markets , with the DAX Index dropping ##.# % . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R In London , prices plummeted in early trading and were off as much as # % before coming back strong after the New York opening to close down only #.# % . ||| SHIFT SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R West German Economics Minister Helmut Haussmann said , `` In my view , the stock market will stabilize relatively quickly . ||| SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R Paris , which has been the center of speculation fever in recent weeks , also was hard hit . ||| SHIFT SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R Share prices fell in Milan , Amsterdam , Zurich , Madrid and Stockholm . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Prices in Brussels , where a computer breakdown disrupted trading , also tumbled . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R FRANKFURT : ||| SHIFT SHIFT REDUCE_R One of the sharpest declines came in the financial center of Europe 's strongest economy . ||| SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The index closed at ####.## , down ###.## points . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R By comparison , two years ago on Black Monday , the new index would have dropped #.# % , according to a projection by the exchange . ||| SHIFT SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R This time , however , many small investors may have been hurt by acting so swiftly . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R `` The beginning was chaotic , '' said Nigel Longley , a broker for Commerzbank AG . ||| SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R That is why everybody was a little surprised by the storm of sell orders from small private investors , '' said Norbert Braeuer , a senior trader for Hessische Landesbank . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Some of West Germany 's bluest chips took some of the biggest hits . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Dresdner Bank last month said it hoped to raise #.# billion marks -LRB-- $ ###.# million -RRB-- by issuing four million shares at ### marks each . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R LONDON : ||| SHIFT SHIFT REDUCE_R It was big institutions such as Norwich Union Insurance Group , Scottish Amicable Investment Managers and Standard Life Assurance Co. that spearheaded the rally . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R Attracted by low prices and encouraged by New York 's performance , they scooped up equities across the board . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R Volume was ###.# million shares , more than triple recent levels . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R The CAC General Index ended down #.# % at ###.# , a drop of ##.# points from Friday . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R `` There was a volatility in the market that I have never seen before , '' said Michel Vigier , a partner in brokerage firm Cholet Dupont . ||| SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R `` When Wall Street turned around shortly after the opening , there was panic buying in Paris . '' ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R Brokers said that as the news spread that Wall Street was moving up , traders who had called to place sell orders changed their line in mid-conversation , ordering buys instead . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R When Wall Street turned , however , the big boys entered the market , looking for bargains . ||| SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R J.P. Morgan & Co. swung to a loss in the third quarter , while NCNB Corp. reported net income more than doubled , and Security Pacific Corp. net rose ## % . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The reserve addition placed the parent of Morgan Guaranty Trust Co. among a few major U.S. banks that have covered nearly all their medium and long-term portfolios to less-developed countries with reserves . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The latest quarter 's loss equals $ #.## a share . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R In the year-earlier quarter , Morgan earned $ ###.# million , or $ #.## a share . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R George M. Salem , analyst at Prudential-Bache Securities Inc. , called the results `` mildly disappointing . '' ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R Excluding the $ # billion provision and allowing for the taxes Morgan paid , earnings were about ## cents a share , Mr. Salem said . ||| SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R Income from sources other than interest climbed ## % to $ ### million , reflecting higher corporate-finance and other fees and gains on sales of investment securities . ||| SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R `` These increases were partly offset by lower trading-related '' income , the bank said . ||| SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R NCNB Corp . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_R The strong performance , however , contrasted with an unexpectedly large increase in the size of NCNB 's problem loans , particularly in the Southeast . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R The higher rates paid on deposits also helped squeeze NCNB 's net interest margin in the Southeast to #.## % from #.## % a year earlier . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R In Big Board composite trading yesterday , NCNB jumped $ #.## a share , to $ ## . ||| SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Results were released after the market closed . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R NCNB Texas National , formed from the remnants of of the failed First RepublicBank Corp. of Dallas , contributed $ ##.# million to NCNB 's bottom line in the third quarter . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R NCNB said its third-quarter results reflect ### % of earnings of the Texas operation since Aug. # . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R NCNB raised some $ #.# billion in new capital during the quarter to complete the NCNB Texas purchase , and to acquire several small failed thrifts to fill out its regional franchise . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Net rose to $ ###.# million , or $ #.## a share , from $ ###.# million , or $ #.## a share , a year earlier . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R These high-yielding loans in effect replaced some low-yielding assets such as inter-bank loans , which were allowed to decrease . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The earnings represent a #.## % return on assets for Security Pacific , and an ##.# % return on equity . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The loan growth offset continuing real-estate loan losses in the depressed Arizona market . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Nonperforming loans grew slightly to $ #.## billion at Sept. ## , from $ #.# billion a year ago . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R Security Pacific 's loan-loss provision was down ## % , or $ ##.# million , because it added to its foreign-debt reserve the year before . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R Non-interest income fell # % in the quarter , mainly because of an unusual gain a year earlier from the sale of Hong Kong banking operations . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Non-interest expense grew only # % in the period . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R The new offer , which seeks ##.# % of the cellular and broadcasting concern , is for $ ### a share for ## million LIN shares . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R LIN is asking McCaw to clarify its tender offer , which challenges an agreement between BellSouth Corp. and LIN to merge their cellular-telephone businesses . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R BellSouth has notified LIN that it would `` shortly respond to the McCaw proposal in as full and effective a manner as is warranted . '' ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R The LIN board said holders may be misled by the provision in the McCaw proposal that `` guarantees '' private market value after five years for the remaining shares . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R McCaw has `` no obligation to purchase and the definition of private market value is uncertain , '' the LIN board said . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R In national over-the-counter trading , LIN closed at $ ###.## , down $ #.## . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R A group of institutional investors in Telerate Inc. said that Dow Jones & Co. 's $ ##-a-share offer for the electronic financial information services company is `` grossly inadequate . '' ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_R SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R In composite trading on the New York Stock Exchange , Telerate shares closed yesterday at $ ##.### , down ## cents a share . ||| SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Telerate has rejected the offer , which expires Nov. # . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Among other issues , the group 's letter said it has `` concerns as to whether Dow Jones 's offer meets the applicable requirements of procedural fairness . '' ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R A spokesman for Dow Jones said he had n't seen the group 's filing , but added , `` obviously Dow Jones disagrees with their conclusions . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Our offer is to buy any and all shares tendered at $ ## a share . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Mrs. Hills said the U.S. and Canada have until Nov. ## to resolve the dispute . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The U.S. trade representative declined to put a dollar estimate on the losses resulting from the Canadian export restrictions . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R This action was defended by the Canadian government on conservation grounds . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R `` We fully expect that Canada will comply with the panel 's ruling '' that the `` landing requirement '' also must be ended , she said . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R Earlier , an international panel set up under the rules of the General Agreement on Tariffs and Trade in Geneva determined that the original Canadian fish-export restrictions violated GATT rules . ||| SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R Mrs. Hills said the U.S. wo n't accept any delays after Nov. ## because U.S. fish-processing firms enter into contracts in the fall to purchase the next season 's catch . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R She said the Canadian restrictions must be removed before such contracts are concluded . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R Idle Thought ||| SHIFT SHIFT REDUCE_L To spend a carefree , idle day , When duty calls , to pay no heed , To while the precious hours away -- Character is what you need . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R -- May Richstone . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R Telecussed ||| SHIFT The guy who throws an intercept 'Cause his receiver slips Should somehow be advised that we At home can read his lips . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R BancOklahoma Corp. said it completed a restructuring agreement previously agreed to by the Federal Deposit Insurance Corp. , creditor banks and subordinated debenture holders . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Each warrant allows the holder to buy one BSN share for $ ##.## a share at any time over the next seven years . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R BSN currently has #.# million common shares outstanding . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R BSN also is offering $ ### face amount of new notes and ## common-stock warrants for each $ #,### face amount of its convertible debt outstanding . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R BSN said it is making the offer to shrink its capital and increase shareholder value . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The offers are scheduled to expire in mid to late November . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R At Merrill Lynch , third-period net was $ ## million , or ## cents a share , down from $ ##.# million , or ## cents a share , a year ago . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Total revenue reached $ #.## billion , up ## % from $ #.## billion . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The firm 's drop in net reflected weaker revenue in transactions for its own account -- a decline of ## % to $ ###.# million on reduced revenue from trading fixed-income securities . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Merrill Lynch 's commission revenue grew ## % , however , to $ ###.# million , on higher share prices and volume and on strong sales of mutual funds . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Revenue derived from interest and dividends jumped ## % to $ #.# billion . ||| SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Asset-management fee revenue grew ## % to $ ### million . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The brokerage also reported a loss of $ #.# million from the discontinued operations and disposal of its Fine Homes International Limited Partnership real-estate subsidiary . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Profit from trading for its own account dropped , the securities firm said . ||| SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R Bear Stearns is the holding company for Bear , Stearns & Co. , the investment banking and brokerage firm . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R In Big Board composite trading yesterday , PaineWebber closed at $ ##.## , up ## cents . ||| SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R Seafirst Corp. said it signed an agreement with builder Martin Selig to purchase its headquarters building , the Columbia Seafirst Center , for $ ### million . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The market upheaval apparently has n't triggered any cash crunch -- yet . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R But several large banks said yesterday they detected no signs of unusual demand for credit that would signal such difficulties . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R `` We 're seeing nothing out of the ordinary , '' said one official at a Top ## bank . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R `` That 's good news , because we all swim in this water . '' ||| SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R Now , as for tomorrow , hell , who knows ? ||| SHIFT SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R No fiddling with systems and procedures will ever prevent markets from suffering a panic wave of selling . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R But markets can operate with greater or lesser efficiency . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R After the #### plunge , markets agreed that it would be wise to halt trading whenever panic conditions arose . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The rationale is that an interruption of trading will allow investors to reconsider their strategies , calm sellers and lead buyers to enter the market at indicated new price levels . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R It is impossible to know whether that theory is realistic . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R But there is also the possibility that shutting down markets will intensify fears and cause an even more abrupt slide in prices . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R What happened Friday was the worst of all worlds . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R Options markets stopped trading in many securities . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Had the futures and options markets been open , additional liquidity would have been provided and the decline , most probably , would have been less intense . ||| SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R At #:## , after intense telephone negotiations between the trading markets and Washington , the futures exchanges reopened . ||| SHIFT SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R Traders can vary their strategies and execute their orders in any one of them . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R It therefore makes no sense for each market to adopt different circuit breakers . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R To achieve maximum liquidity and minimize price volatility , either all markets should be open to trading or none . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R It 's time for the exchanges and the Securities and Exchange Commission to agree on joint conditions for halting trading or staying open . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Let 's not have one market shut down for ## minutes when the Dow declines ### points and another shut down for an hour after a ###-point decline . ||| SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The need for hurried last-minute telephone negotiations among market officials will disappear once rules are in place that synchronize circuit breakers in all markets . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The new circuit breakers , if they are to be applied at all , will require that futures and options trading continue as long as the New York Stock Exchange remains open . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The rules should be established by agreement of the officials of all affected exchanges acting under the oversight and with the approval of the government regulatory agencies . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R In many ways , our financial markets are better prepared today to handle a decline than they were two years ago . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R The New York Stock Exchange now has the capacity to handle a volume of nearly a billion shares a day . ||| SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Witness the fact that trading in some stocks closed early Friday and opened late Monday because of an excess of sell orders . -RRB-- ||| SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R But the task of improving market performance remains unfinished . ||| SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R Mr. Freund , former chief economist of the New York Stock Exchange , is a professor of economics at Pace University 's business school in New York . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R A UNIFIED EUROPE poses labor problems and prospects for U.S. firms . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R FMC Corp. and Baxter International say unions also wo n't like plant relocations and needed restructuring , which means layoffs . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Pfizer , Fluor and GE see big `` EC ## '' pluses : a push for job training and ease in moving and finding workers . ||| SHIFT SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R So said a federal judge , in a case involving two players for the minor league Bluefield , Va. , Orioles , a Baltimore farm team . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R More taunting in the parking lot , the players said , led to a fight . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R It also recommends better retirement and day-care benefits , and basing pay on education , experience and nurses ' demanding work schedules . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Over a third of ### hospitals surveyed by consultant Hewitt Associates use a `` clinical ladder , '' basing advancement on performance and education . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Many also use recruiting bonuses , tuition reimbursement , loan repayment or child-care help . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R MRA Staffing Systems signs up nurses for paid travel , promising annual income up to $ ##,### and free or subsidized housing . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R TREATING EMPLOYEES with respect is crucial for managers , says consultant Hay Group after surveys of a million workers . ||| SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R It 's in their top five `` work values . '' ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R The #,### hours of work will save the state $ ##,### . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R About ## % have retired from a full-time job , while ## % were asked to stay on full time . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R HOME-SALE LOSSES rise , but they 're often covered by employers . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R A third of ### companies surveyed by the Employee Relocation Council report a rise in #### sales losses over #### . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R About ## % reimburse for all or some losses . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R Since #### , more companies give sales-loss aid , as many real-estate values depreciated , the council says . ||| SHIFT SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R RJR Nabisco pays up to $ ##,### of losses , including improvements . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Since #### , firms offering prepurchase house appraisals , to deter overpaying , rose to ## % of those the council polled , from ## % . ||| SHIFT SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R THE CHECKOFF : The National Academy of Engineering gives two inventors of the semiconductor microchip a $ ###,### achievement award ... . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R Yesterday was , in the words of New York Stock Exchange Chairman John J. Phelan Jr. , just your `` reasonably normal , ### million-share , up ##-points day . '' ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R When it was all over and stocks had staged a huge recovery , Big Board officials were self-congratulatory about how well the day had gone . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R `` We had no operating problems at all , '' Mr. Phelan said after the market closed . ||| SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R Despite traders ' complaints , Mr. Phelan said the links with the Chicago futures market worked as planned in Friday 's rout to provide a cooling-off period . ||| SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Chicken chains also are feeling more pressure from McDonald 's Corp. , which introduced its McChicken sandwich this year and recently tested the sale of individual pieces of chicken . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R And the chain is testing products that are n't fried , such as `` char-grilled '' chicken , to try to win health-conscious consumers . ||| SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R A Kentucky Fried Chicken spokesman , however , disputed the notion that the delivery service experienced problems in some markets where testing has been discontinued . ||| SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R He says the test is continuing in Chicago , Columbus , Ohio , and a few other cities . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The advertising industry is buzzing with rumors that Kentucky Fried Chicken will drop Young & Rubicam and seek a new ad agency . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R But the company declines to comment . ||| SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R Reluctant Advertisers Try Soft-Sell Spots ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R His ploy : ##-second radio spots that offer helpful hints . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The only plug for the sponsor is a brief mention at the end of the spot . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The messages resemble the Business Traveler , a daily dose of travel tips developed by Mr. Bear and sponsored by travel agencies in several major cities . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R New un-advertisers include Burt Hill Kosar Rittlemann Associates , a Butler , Pa. , architectural firm . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R A harder sell , says John Kosar , the firm 's president , would `` detract from the profession . '' ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R Hospitals have signed up to use the messages to promote fundraisers , and Equitable Gas Co. is considering the format to offer energy tips to consumers . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT REDUCE_L SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R But such spots can be too soft . ||| SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R Retailer Sees Pitfalls In Environmental Push ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R HERE 'S a retailer that 's getting tough in the push for environmentally safe packaging and products . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Big Bear Supermarkets Inc. , a grocery chain based in San Diego , plans to display shelf cards and distribute pamphlets recommending products deemed safe for the environment . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The choices will be based on research by the San Diego Environmental Health Coalition and will include products like Murphy 's Oil Soap and other noncorrosive cleaners . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R But the chain is quickly realizing the pitfalls of such endorsements . ||| SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R For example , it recommends nonchlorinated dishwasher detergent and puts Sunlight on its environmentally safe list . ||| SHIFT SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R That does n't thrill Procter & Gamble Co. , maker of Cascade dishwasher detergent . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R `` And it 's important that we be accurate . '' ||| SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R But in the end , customers ' wishes are what will prevail . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R Big Bear does n't care for disposable diapers , which are n't biodegradable . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Yet parents demand them . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R Says Mr. Dahlen , `` We 'll still be forced to sell items we might not philosophically agree with . '' ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R NEATNESS does count -- at least in the grocery store . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_R SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R A study by Safeway 's Scanner Marketing Research shows soap sales climbed # % when bars were neatly stacked on shelves instead of dumped in a wire basket ... . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R Which celebrity endorsers are most believable ? ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R Michael J. Fox replaced Bruce Willis in third place ; Cher placed fourth for the second time . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Health and Human Services Secretary Louis Sullivan has chosen Antonia Novello to be the next surgeon general , Bush administration officials said . ||| SHIFT SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R The continuing series of HUD scandals is a sadly predictable result of pork-barrel politics . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R Nevertheless , lobbies such as the National Association of Home Builders -LRB-- NAHB -RRB-- continue to pressure Capitol Hill for more special-interest spending . ||| SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R But the NAHB was created in #### out of an organization that made its name fighting a Roosevelt administration proposal to take over all defense housing production . ||| SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Through the years the association has been an active member of the taxpayer 's coalition , pushing for such initiatives as the balanced-budget amendment . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R `` The HUD budget has dropped by more than ## % since #### , '' argues Mr. Colton . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R `` We 've taken more than our fair share . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R But NAHB support for subsidies is not related to the current housing crunch ; over the years the NAHB has backed a host of public programs . ||| SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R It once pushed for a national housing production goal set by the federal government and has regularly advanced anti-recession housing measures . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R Moreover , explains one HUD official , the NAHB remains susceptible to internal pressure from members that specialize in subsidized production . ||| SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The association is pushing an extensive and expensive wish-list , which would substantially boost spending above the current level of more than $ ## billion annually . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Indirect subsidies , through the FHA , for instance , are little better . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R More important , housing programs run by HUD , the VA , and FmHA are awash in red ink . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R All told , the federal government already guarantees more than $ ### billion of mortgages . ||| SHIFT SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The association , a majority of whose ###,### members build fewer than ## units a year , is like many other business lobbies . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R Explains Sheila MacDonald of the National Taxpayers Union : `` It treads in two worlds . ||| SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The builders like the subsidies , but at the same time they tend to be fiscal conservatives in terms of major issues , such as the balanced-budget amendment . '' ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R Unfortunately , the organization 's desire for pork tends to override its commitment to overall fiscal responsibility . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Two years ago when the NAHB lobbied for the $ ## billion omnibus housing bill , the organization `` basically dropped out of the taxpayers ' coalition , '' says Ms. MacDonald . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R Is this what the home builders want ? ||| SHIFT SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R Mr. Bandow is a Cato Institute fellow . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R -LRB-- See related story : `` And Bills to Make Wishes Come True '' -- WSJ Oct. ## , #### . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The only strong opposition to changing the EC treaty comes from British Prime Minister Margaret Thatcher , who is opposed to creating a single EC currency . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Setting a date to start treaty negotiations has no legal significance in itself , but could be viewed as an important psychological push . ||| SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Diplomatic sources said Mr. Kohl may now agree to set a date for the conference to make it clear that West Germany is still committed to EC unity . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The latest crewcut in the equities markets reminds me of the joke T. Boone Pickens tells about the guy who was run over by the parade . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R When asked `` What went wrong ? '' the unfortunate victim replied , `` It was a combination of things . '' ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R And so it was on Gray Friday . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R The grand marshal of this parade would appear to have been excess leverage . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R The ceremonies began Friday afternoon when word spread that the UAL buy-out was collapsing . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R UAL , which triggered the slide , opened Monday at $ ### , down about ## % from Thursday 's close . ||| SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R AMR opened Monday at $ ## , down nearly ## % from Thursday 's close . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R -LRB-- Both took further hits yesterday . -RRB-- ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R Hilton lost ## % on Friday ; Paramount lost almost ## % . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R A careful look reveals that where deal financing has been secured , the target 's stock price was not affected on Friday . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The multibillion-dollar prospects , where the bidder must line up a consortium of banks and/or issue billions in high-yield debt , were where the damage was concentrated . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R As a result , high-yield mutual funds have declined across the board and the many firms planning to sell $ ## billion in junk bonds before year-end are experiencing anxious times . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R If it is correct to find that concerns over corporate debt and LBOs caused Gray Friday , what are the implications for policy makers ? ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R After all , the stock market 's response to the collapse of the UAL deal might be taken to confirm the anti-debt direction of regulators . ||| SHIFT SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Is this a case where private markets are approving of Washington 's bashing of Wall Street ? ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Absolutely not . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_R The national economic interests are much better served allowing the private interests of bankers and investors be the ultimate judges of the investment quality of various LBO deals and leveraged restructurings . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The recent difficulties in the junk-bond markets and the scarcity of bank capital for recent deals underscores the wisdom of letting the free markets operate . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Yes , the broader exchanges got caught up in the spiral , but they rode the tiger up all year . ||| SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R The arbitragers and takeover initiatiors got killed on Gray Friday , while the besieged managers of prospective targets cheered lustily . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R If you side with the arbitragers and raiders , you clearly have more to fear from private investors than from regulators , although the Delaware courts should never be underestimated . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_R SHIFT REDUCE_R The truth is , Washington understands politics better than economics . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Far better for policy makers to concentrate on the war against drugs , Panama and the deficit , all of them parades that seem never to end . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Tokyo share prices rebounded Tuesday morning , with the Nikkei index of ### selected stocks rising ###.## points to close the morning session at #####.## . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The index slid ###.## points , or #.# % , on Monday . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R In the first ## minutes of Tuesday 's trading the Nikkei index soared ###.## points , to #####.## . ||| SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R By ## a.m. Tokyo time , the index was up ###.## points , to #####.## as investors hailed New York 's overnight rally . ||| SHIFT SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R Monday 's slide came in a relatively calm session that did n't provide much direction for other markets . ||| SHIFT SHIFT REDUCE_R SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Other Asian and Pacific markets had sharper losses than Tokyo , but the selling wave stopped short of precipitating another market crash . ||| SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R But rather than set the tone for other markets , Japan 's major institutional investors chose to remain on the sidelines . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R `` We did n't trade much today , as our policy now is to wait and see , '' said a fund manager at Taisho Life Insurance Co . ||| SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R `` We would like to wait and see until trading goes around through Europe and New York . '' ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R But in the absence of panicky trading , its presence was never overtly felt . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R The broader Tokyo Stock Price Index sank ##.## , or #.# % , to ####.## . ||| SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R The day 's decline was generally in line with analysts ' weekend predictions . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_L SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Declining issues swamped advancers , ###-### . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R But volume was thin at ###.# million shares , compared with ###.# million Friday . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The market opened sharply lower , with the Nikkei average down nearly ### after ## minutes . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R The Tokyo Stock Exchange index for the second section fell ###.## , or #.# % , to ####.## . ||| SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_L SHIFT SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R Many investors , trying to outperform the market 's major indexes , have flocked to these small issues in recent weeks . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R Japanese investors and traders expressed relief that the Tokyo market did n't fall more sharply . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R But its performance did bear some resemblance to events of two years ago , during the October #### global stock market crash . ||| SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R On Oct. ## , #### -- the Friday before the Black Monday crash -- the New York market dropped #.# % , and Tokyo followed on Monday with a #.# % drop . ||| SHIFT SHIFT SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R This time , Wall Street 's plunge of #.# % Friday was followed by yesterday 's #.# % loss in Tokyo . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R `` Now we are looking for the time to place buy orders , '' he said . ||| SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R Isao Ushikubo , general manager of the investment research department at Toyo Trust & Banking Co. , also was optimistic . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R `` Those shares which had posted gains on M&A speculation were dashed with cold water , but as far as major stocks are concerned , there is n't much impact . '' ||| SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R Other fund managers were similarly sanguine . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R He said Friday 's Wall Street decline was `` well within the range of volatility '' that Yasuda Trust plans for when it charts its overseas investment strategy . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Major indexes declined more than # % in Australia and New Zealand and #.# % in Hong Kong . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT REDUCE_L SHIFT REDUCE_L SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R Bangkok , Manila , Seoul , Taipei and Jakarta escaped with slightly smaller losses . ||| SHIFT SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_R SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R Hong Kong is the region 's next most open market , but many foreign investors have been staying away from it since it plunged in June amid political turmoil in China . ||| SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R She pointed out that even after Monday 's ## % decline , the Straits Times index is up ## % this year , so investors who bailed out generally did so profitably . ||| SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_R REDUCE_R SHIFT REDUCE_R SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT REDUCE_R REDUCE_R SHIFT REDUCE_R Similarly , Kuala Lumpur 's composite index yesterday ended ##.# % above its #### close . ||| SHIFT SHIFT SHIFT SHIFT REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L REDUCE_L SHIFT SHIFT REDUCE_L SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R In Hong Kong , the Hang Seng Index fell ###.## to finish at ####.## . ||| SHIFT SHIFT SHIFT REDUCE_L REDUCE_R SHIFT SHIFT SHIFT SHIFT SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_L REDUCE_L REDUCE_L SHIFT REDUCE_R SHIFT SHIFT REDUCE_L SHIFT SHIFT REDUCE_R REDUCE_R REDUCE_R SHIFT REDUCE_R