20983046@unknown@formal@none@1@S@Because of the recent junk-market turmoil, the fund is considering investing in other issues instead, including mortgage-backed bonds.@@@@1@18@@oe@2-2-2013
20983047@unknown@formal@none@1@S@"We're looking at the leverage factor every day," says Robert Moore, president of Bernstein-Macaulay Inc., a Shearson Lehman Hutton Inc. unit and the fund's adviser.@@@@1@25@@oe@2-2-2013
20983048@unknown@formal@none@1@S@"At some point, if we are unable to cover our leveraged cost -- and at the moment we're right on it -- we're going to have to make a move.@@@@1@30@@oe@2-2-2013
20984001@unknown@formal@none@1@S@One of the more bizarre garden stories since Eden has been unfolding for four years now, in the private paper-and-crayon fantasies of artist Jennifer Bartlett.@@@@1@25@@oe@2-2-2013
20984002@unknown@formal@none@1@S@And if she and the Battery Park City Authority have their way, her horticulturally inept plan will soon go public as a real garden "artwork" in the downtown complex.@@@@1@29@@oe@2-2-2013
20984003@unknown@formal@none@1@S@South Gardens, as the Bartlett scheme is called, will occupy the last 3.5 acres of open space at the southwest tip of Manhattan.@@@@1@23@@oe@2-2-2013
20984004@unknown@formal@none@1@S@It could cost taxpayers $15 million to install and BPC residents $1 million a year to maintain.@@@@1@17@@oe@2-2-2013
20984005@unknown@formal@none@1@S@Created by an artist who flaunts her ignorance of plants and gardens, South Gardens, as now planned, will die from congestive garden design.@@@@1@23@@oe@2-2-2013
20984006@unknown@formal@none@1@S@Ms. Bartlett's previous work, which earned her an international reputation in the non-horticultural art world, often took gardens as its nominal subject.@@@@1@22@@oe@2-2-2013
20984007@unknown@formal@none@1@S@Mayhap this metaphorical connection made the BPC Fine Arts Committee think she had a literal green thumb.@@@@1@17@@oe@2-2-2013
20984008@unknown@formal@none@1@S@(Ms. Bartlett would not discuss her garden for this article.)@@@@1@10@@oe@2-2-2013
20984009@unknown@formal@none@1@S@Last year she boasted to HG magazine: "I'd never looked at a garden in my life."@@@@1@16@@oe@2-2-2013
20984010@unknown@formal@none@1@S@And she proved no shirking violet in her initial statement to the BPCA, a New York State public benefit corporation: "The only thing I was interested in doing was a very complicated garden, which would cost an enormous amount of money and be very expensive to maintain."@@@@1@47@@oe@2-2-2013
20984011@unknown@formal@none@1@S@Undeterred, the BPCA hired Ms. Bartlett and another confessed garden ignoramus, the architect Alexander Cooper, who claimed he had never visited, much less built, a garden, and said of the project, "I don't view this as a landscape.@@@@1@38@@oe@2-2-2013
20984012@unknown@formal@none@1@S@I view this as a building."@@@@1@6@@oe@2-2-2013
20984013@unknown@formal@none@1@S@The third principal in the South Gardens adventure did have garden experience.@@@@1@12@@oe@2-2-2013
20984014@unknown@formal@none@1@S@The firm of Bruce Kelly/David Varnell Landscape Architects had created Central Park's Strawberry Fields and Shakespeare Garden.@@@@1@17@@oe@2-2-2013
20984015@unknown@formal@none@1@S@The BPCA called its team a "stunning" collaboration.@@@@1@8@@oe@2-2-2013
20984016@unknown@formal@none@1@S@After four years, though, the South Gardens design is 100% uncollaborated Jennifer Bartlett.@@@@1@13@@oe@2-2-2013
20984017@unknown@formal@none@1@S@She has done little more than recycle her standard motifs -- trees, water, landscape fragments, rudimentary square houses, circles, triangles, rectangles -- and fit them into a grid, as if she were making one of her gridded two-dimensional works for a gallery wall.@@@@1@43@@oe@2-2-2013
20984018@unknown@formal@none@1@S@But for South Gardens, the grid was to be a 3-D network of masonry or hedge walls with real plants inside them.@@@@1@22@@oe@2-2-2013
20984019@unknown@formal@none@1@S@In a letter to the BPCA, kelly/varnell called this "arbitrary and amateurish."@@@@1@12@@oe@2-2-2013
20984020@unknown@formal@none@1@S@The landscape architects were expelled from the garden in July.@@@@1@10@@oe@2-2-2013
20984021@unknown@formal@none@1@S@All the while, Ms. Bartlett had been busy at her assignment, serene in her sense of self-tilth.@@@@1@17@@oe@2-2-2013
20984022@unknown@formal@none@1@S@As she put it in a 1987 lecture at the Harvard Graduate School of Design: "I have designed a garden, not knowing the difference between a rhododendron and a tulip."@@@@1@30@@oe@2-2-2013
20984023@unknown@formal@none@1@S@Moreover, she proclaimed that "landscape architects have been going wrong for the last 20 years" in the design of open space.@@@@1@21@@oe@2-2-2013
20984024@unknown@formal@none@1@S@And she further stunned her listeners by revealing her secret garden design method: Commissioning a friend to spend "five or six thousand dollars . . . on books that I ultimately cut up."@@@@1@33@@oe@2-2-2013
20984025@unknown@formal@none@1@S@After that, the layout had been easy.@@@@1@7@@oe@2-2-2013
20984026@unknown@formal@none@1@S@"I've always relied heavily on the grid and found it never to fail."@@@@1@13@@oe@2-2-2013
20984027@unknown@formal@none@1@S@Ms. Bartlett told her audience that she absolutely did not believe in compromise or in giving in to the client "because I don't think you can do watered-down versions of things."@@@@1@31@@oe@2-2-2013
20984028@unknown@formal@none@1@S@(This was never a problem with South Gardens, because the client had long since given in to Ms. Bartlett's every whim.)@@@@1@21@@oe@2-2-2013
20984029@unknown@formal@none@1@S@Last year the public was afforded a preview of Ms. Bartlett's creation in a tablemodel version, at a BPC exhibition.@@@@1@20@@oe@2-2-2013
20984030@unknown@formal@none@1@S@The labels were breathy: "Within its sheltering walls is a microcosm of a thousand years in garden design . . . a rose garden, herb garden, serpentine garden, flower fields, an apple orchard . . . organized in a patchwork of 50-by-50-foot squares to form `rooms' . . . here and there are simple architectural forms, a whimsical jet of water, a conceit of topiary or tartan plaid, and chairs of every sort to drag around. . . .@@@@1@79@@oe@2-2-2013
20984031@unknown@formal@none@1@S@At the core of it all is a love for plants."@@@@1@11@@oe@2-2-2013
20984032@unknown@formal@none@1@S@Plant lovers who studied the maquette were alarmed.@@@@1@8@@oe@2-2-2013
20984033@unknown@formal@none@1@S@They looked at the miniature and saw a giant folly.@@@@1@10@@oe@2-2-2013
20984034@unknown@formal@none@1@S@Ms. Bartlett's little rooms left little room for plants or people.@@@@1@11@@oe@2-2-2013
20984035@unknown@formal@none@1@S@Kelly/Varnell had put South Gardens' carrying capacity at four people per room, or about 100 humans overall.@@@@1@17@@oe@2-2-2013
20984036@unknown@formal@none@1@S@This mincemeat of tiny gridlocked squares was inspired by the artist's own digs: "My loft was 50 by 100 feet, so 50 feet by 50 feet seemed like a good garden room."@@@@1@32@@oe@2-2-2013
20984037@unknown@formal@none@1@S@Inside the grid were 24 of these plant cells jammed full of clutter.@@@@1@13@@oe@2-2-2013
20984038@unknown@formal@none@1@S@One she made into a topiary rec room, replete with plants shaped into a Barcalounger, TV, piano and chairs.@@@@1@19@@oe@2-2-2013
20984039@unknown@formal@none@1@S@In another, she requisitioned topiary MX missile cones -- costing $10,000 each -- in heights up to 20 feet.@@@@1@19@@oe@2-2-2013
20984040@unknown@formal@none@1@S@Another she stuffed with eight "rectilinear hedges" for a topiary geometry lesson in the right-angling of plants.@@@@1@17@@oe@2-2-2013
20984041@unknown@formal@none@1@S@In the herbal lounge she specified a "plaid knot garden" decor.@@@@1@11@@oe@2-2-2013
20984042@unknown@formal@none@1@S@She ordered the foyer done in a different plaid planting, and made the landscape architects study a book on tartans.@@@@1@20@@oe@2-2-2013
20984043@unknown@formal@none@1@S@In one garden roomette she implanted a 43-foot square glass cube meant to show off a plaid tile floor conceit, a "zinc sink," a "huge fishbowl with carp" and a "birdcage with cockatoos."@@@@1@33@@oe@2-2-2013
20984044@unknown@formal@none@1@S@Next door she put a smaller plaid-floored glass house, where, she suggested, a flat of strawberries might be displayed in the dead of winter.@@@@1@24@@oe@2-2-2013
20984045@unknown@formal@none@1@S@In another compartment called the Linden Bosque, 62 linden trees were to be crowded together at killing intervals of 10 or 16 feet.@@@@1@23@@oe@2-2-2013
20984046@unknown@formal@none@1@S@(Lindens need about 36 feet.)@@@@1@5@@oe@2-2-2013
20984047@unknown@formal@none@1@S@One thing about the Bartlett plan was never in doubt: It would demand the full-time skills of a battalion of topiary barbers, rosarians, orchardists and arborists.@@@@1@26@@oe@2-2-2013
20984048@unknown@formal@none@1@S@Ms. Bartlett blithely suggested calling upon "semi-skilled garden club workers for maintenance."@@@@1@12@@oe@2-2-2013
20984049@unknown@formal@none@1@S@Furthermore, she had insisted on paths so narrow (five to eight feet) and hedge corners so square that standard maintenance equipment -- trucks or cherry pickers -- couldn't maneuver.@@@@1@29@@oe@2-2-2013
20984050@unknown@formal@none@1@S@Then, to make these gardenettes quite literally rooms, Ms. Bartlett had thrown up windowless walls (brick, lattice, hedge) eight to 10 feet tall, casting her interiors into day-long Stygian shade.@@@@1@30@@oe@2-2-2013
20984051@unknown@formal@none@1@S@It was hard to see how photosynthesis would ever happen in South Gardens without decking the walls in a Christmas-like array of Gro-Lites.@@@@1@23@@oe@2-2-2013
20984052@unknown@formal@none@1@S@Finally, flouting the BPCA's wishes to continue the popular two-mile riverside Esplanade, prized for its expansive views of New York Harbor, the Statue of Liberty and Ellis Island, Ms. Bartlett threw up yet another wall, this time concrete, this time 10 1/2 feet tall.@@@@1@44@@oe@2-2-2013
20984053@unknown@formal@none@1@S@She ran it the length of the South Gardens riverfront, blotting out the city's great natural water features, the harbor and the river.@@@@1@23@@oe@2-2-2013
20984054@unknown@formal@none@1@S@(Within her garden, she has decreed a waterfall, a rill, ponds and other costly, trivial waterworks beside the Hudson.)@@@@1@19@@oe@2-2-2013
20984055@unknown@formal@none@1@S@While the model was still on view, Manhattan Community Board 1 passed a resolution against South Gardens.@@@@1@17@@oe@2-2-2013
20984056@unknown@formal@none@1@S@The Parks Council wrote the BPCA that this "too `private' . . . exclusive," complex and expensive "enclosed garden . . . belongs in almost any location but the waterfront."@@@@1@30@@oe@2-2-2013
20984057@unknown@formal@none@1@S@Lynden B. Miller, the noted public garden designer who restored Central Park's Conservatory Garden, recalls her reaction to the South Gardens model in light of the public garden she was designing for 42nd Street's Bryant Park: "Bryant Park, as designed in 1933, failed as a public space, because it made people feel trapped.@@@@1@53@@oe@2-2-2013
20984058@unknown@formal@none@1@S@By removing the hedges and some walls, the Bryant Park Restoration is opening it up.@@@@1@15@@oe@2-2-2013
20984059@unknown@formal@none@1@S@It seems to me the BPCA plan has the potential of making South Gardens a horticultural jail for people and plants."@@@@1@21@@oe@2-2-2013
20984060@unknown@formal@none@1@S@The three urban horticulture experts with Cornell Cooperative Extension weighed in with a letter to the BPCA that began: "We feel that the garden is horticulturally doomed."@@@@1@27@@oe@2-2-2013
20984061@unknown@formal@none@1@S@They then addressed the decidedly "questionable safety of . . . a complex garden of endless hiding places.@@@@1@18@@oe@2-2-2013
20984062@unknown@formal@none@1@S@The 8 ft. hedges which obstruct views in and out of small `rooms' insure . . . that this garden will be a potential breeding ground for crime."@@@@1@28@@oe@2-2-2013
20984063@unknown@formal@none@1@S@(At Harvard, Ms. Bartlett had declared: "There are going to be problems with safety . . .@@@@1@17@@oe@2-2-2013
20984064@unknown@formal@none@1@S@I'm not going to address questions of safety!")@@@@1@8@@oe@2-2-2013
20984065@unknown@formal@none@1@S@Despite the dire assessments of knowledgeable garden professionals, Ms. Bartlett's South Gardens design somehow continues on, seemingly impervious to reason, stalled only by bureaucratic lethargy and logistical complications.@@@@1@28@@oe@2-2-2013
20984066@unknown@formal@none@1@S@BPCA President and CEO David Emil hopes to negotiate a seawall that could "be significantly more visually permeable."@@@@1@18@@oe@2-2-2013
20984067@unknown@formal@none@1@S@And by substituting yet another landscape architect, Nicholas Quennell, he insists he can achieve that and other accommodations to gardening reality while still preserving the "artistic vision" of a "truly great artist."@@@@1@32@@oe@2-2-2013
20984068@unknown@formal@none@1@S@After four years of no progress in this direction, it is doubtful any viable collaboration with Ms. Bartlett will suddenly now be possible.@@@@1@23@@oe@2-2-2013
20984069@unknown@formal@none@1@S@(Mr. Quennell has said he plans to go with the grid, regardless.)@@@@1@12@@oe@2-2-2013
20984070@unknown@formal@none@1@S@There is still time, however, for Gov. Mario Cuomo or Fabian Palomino, chairman of the BPCA board, to prevent this topiary "Tilted Arc."@@@@1@23@@oe@2-2-2013
20984071@unknown@formal@none@1@S@These statesmen might take counsel from William Robinson, author of "The English Flower Garden" -- the gardener's bible since 1883 -- who seems to have had a Jennifer Bartlett in mind when he wrote: "Unhappily, our gardeners for ages have suffered at the hands of the decorative artist when applying his `designs' to the garden. . . .@@@@1@58@@oe@2-2-2013
20984072@unknown@formal@none@1@S@It is this adapting of absurd `knots' and patterns from old books to any surface where a flower garden has to be made that leads to bad and frivolous design -- wrong in plan and hopeless for the life of plants.@@@@1@41@@oe@2-2-2013
20985001@unknown@formal@none@1@S@I read the exerpts of Wayne Angell's exchange with a Gosbank representative ("Put the Soviet Economy on Golden Rails," editorial page, Oct. 5) with great interest, since the gold standard is one of my areas of research.@@@@1@37@@oe@2-2-2013
20985002@unknown@formal@none@1@S@Mr. Angell is incorrect when he states that the Soviet Union's large gold reserves would give it "great power to establish credibility."@@@@1@22@@oe@2-2-2013
20985003@unknown@formal@none@1@S@During the latter part of the 19th century, Russia was on a gold standard and had gold reserves representing more than 100% of its outstanding currency, but no one outside Russia used rubles.@@@@1@33@@oe@2-2-2013
20985004@unknown@formal@none@1@S@The Bank of England, on the other hand, had gold reserves that averaged about 30% of its outstanding currency, and Bank of England notes were accepted throughout the world.@@@@1@29@@oe@2-2-2013
20985005@unknown@formal@none@1@S@The most likely reason for this disparity is that the Bank of England was a private bank with substantial earning assets, and the common-law rights of creditors to collect claims against the bank were well established in Britain.@@@@1@38@@oe@2-2-2013
20985006@unknown@formal@none@1@S@By contrast, in 19th-century Russia an authoritarian government owned the bank and had the power to revoke payment whenever it chose, much as it would in today's Soviet Union.@@@@1@29@@oe@2-2-2013
20985007@unknown@formal@none@1@S@The success of the British gold standard was due to independent private banking and common law, rather than the choice of gold for valuing the currency.@@@@1@26@@oe@2-2-2013
20985008@unknown@formal@none@1@S@It is no coincidence that from 1844 to 1914, when the Bank of England was an independent private bank, the pound was never devalued and payment of gold for pound notes was never suspended, but with the subsequent nationalization of the Bank of England, the pound was devalued with increasing frequency and its use as an international medium of exchange declined.@@@@1@61@@oe@2-2-2013
20985009@unknown@formal@none@1@S@The Soviet Union should keep these lessons in mind as it seeks to establish the ruble as an international currency.@@@@1@20@@oe@2-2-2013
20985010@unknown@formal@none@1@S@One way to make the ruble into a major international currency would be to leave reserves of gold and earning assets in a Swiss bank with distributions based on Swiss laws.@@@@1@31@@oe@2-2-2013
20985011@unknown@formal@none@1@S@Unless the laws determining the noteholder's rights to payment are independent of the issuer of those notes, however, a gold-based ruble would be as unsuccessful for the Soviets as it was for the czars.@@@@1@34@@oe@2-2-2013
20985012@unknown@formal@none@1@S@Christopher R. Petruzzi@@@@1@3@@oe@2-2-2013
20985013@unknown@formal@none@1@S@Professor of Taxation@@@@1@3@@oe@2-2-2013
20985014@unknown@formal@none@1@S@California State University@@@@1@3@@oe@2-2-2013
20985015@unknown@formal@none@1@S@Fullerton, Calif.@@@@1@2@@oe@2-2-2013
20986001@unknown@formal@none@1@S@Wednesday, October 25, 1989@@@@1@4@@oe@2-2-2013
20986002@unknown@formal@none@1@S@The key U.S. and foreign annual interest rates below are a guide to general levels but don't always represent actual transactions.@@@@1@21@@oe@2-2-2013
20986003@unknown@formal@none@1@S@PRIME RATE: 10 1/2%.@@@@1@4@@oe@2-2-2013
20986004@unknown@formal@none@1@S@The base rate on corporate loans at large U.S. money center commercial banks.@@@@1@13@@oe@2-2-2013
20986005@unknown@formal@none@1@S@FEDERAL FUNDS: 8 3/4% high, 8 11/16% low, 8 3/4% near closing bid, 8 13/16% offered.@@@@1@16@@oe@2-2-2013
20986006@unknown@formal@none@1@S@Reserves traded among commercial banks for overnight use in amounts of $1 million or more.@@@@1@15@@oe@2-2-2013
20986007@unknown@formal@none@1@S@Source: Fulton Prebon (U.S.A.) Inc.@@@@1@5@@oe@2-2-2013
20986008@unknown@formal@none@1@S@DISCOUNT RATE: 7%.@@@@1@3@@oe@2-2-2013
20986009@unknown@formal@none@1@S@The charge on loans to depository institutions by the New York Federal Reserve Bank.@@@@1@14@@oe@2-2-2013
20986010@unknown@formal@none@1@S@CALL MONEY: 9 3/4% to 10%.@@@@1@6@@oe@2-2-2013
20986011@unknown@formal@none@1@S@The charge on loans to brokers on stock exchange collateral.@@@@1@10@@oe@2-2-2013
20986012@unknown@formal@none@1@S@COMMERCIAL PAPER placed directly by General Motors Acceptance Corp.: 8.45% 30 to 44 days; 8.20% 45 to 67 days; 8.325% 68 to 89 days; 8% 90 to 119 days; 7.875% 120 to 149 days; 7.75% 150 to 179 days; 7.50% 180 to 270 days.@@@@1@44@@oe@2-2-2013
20986013@unknown@formal@none@1@S@COMMERCIAL PAPER: High-grade unsecured notes sold through dealers by major corporations in multiples of $1,000: 8.55% 30 days; 8.45% 60 days; 8.40% 90 days.@@@@1@24@@oe@2-2-2013
20986014@unknown@formal@none@1@S@CERTIFICATES OF DEPOSIT: 8.09% one month; 8.09% two months; 8.06% three months; 8% six months; 7.94% one year.@@@@1@18@@oe@2-2-2013
20986015@unknown@formal@none@1@S@Average of top rates paid by major New York banks on primary new issues of negotiable C.D.s, usually on amounts of $1 million and more.@@@@1@25@@oe@2-2-2013
20986016@unknown@formal@none@1@S@The minimum unit is $100,000.@@@@1@5@@oe@2-2-2013
20986017@unknown@formal@none@1@S@Typical rates in the secondary market: 8.53% one month; 8.45% three months; 8.27% six months.@@@@1@15@@oe@2-2-2013
20986018@unknown@formal@none@1@S@BANKERS ACCEPTANCES: 8.47% 30 days; 8.30% 60 days; 8.27% 90 days; 8.08% 120 days; 7.98% 150 days; 7.90% 180 days.@@@@1@20@@oe@2-2-2013
20986019@unknown@formal@none@1@S@Negotiable, bank-backed business credit instruments typically financing an import order.@@@@1@10@@oe@2-2-2013
20986020@unknown@formal@none@1@S@LONDON LATE EURODOLLARS: 8 11/16% to 8 9/16% one month; 8 9/16% to 8 7/16% two months; 8 5/8% to 8 1/2% three months; 8 1/2% to 8 3/8% four months; 8 7/16% to 8 5/16% five months; 8 7/16% to 8 5/16% six months.@@@@1@45@@oe@2-2-2013
20986021@unknown@formal@none@1@S@LONDON INTERBANK OFFERED RATES (LIBOR): 8 11/16% one month; 8 5/8% three months; 8 7/16% six months; 8 3/8% one year.@@@@1@21@@oe@2-2-2013
20986022@unknown@formal@none@1@S@The average of interbank offered rates for dollar deposits in the London market based on quotations at five major banks.@@@@1@20@@oe@2-2-2013
20986023@unknown@formal@none@1@S@FOREIGN PRIME RATES: Canada 13.50%; Germany 9%; Japan 4.875%; Switzerland 8.50%; Britain 15%.@@@@1@13@@oe@2-2-2013
20986024@unknown@formal@none@1@S@These rate indications aren't directly comparable; lending practices vary widely by location.@@@@1@12@@oe@2-2-2013
20986025@unknown@formal@none@1@S@TREASURY BILLS: Results of the Monday, October 23, 1989, auction of short-term U.S. government bills, sold at a discount from face value in units of $10,000 to $1 million: 7.52% 13 weeks; 7.50% 26 weeks.@@@@1@35@@oe@2-2-2013
20986026@unknown@formal@none@1@S@FEDERAL HOME LOAN MORTGAGE CORP. (Freddie Mac): Posted yields on 30-year mortgage commitments for delivery within 30 days.@@@@1@18@@oe@2-2-2013
20986027@unknown@formal@none@1@S@9.75%, standard conventional fixed-rate mortgages; 7.875%, 2% rate capped one-year adjustable rate mortgages.@@@@1@13@@oe@2-2-2013
20986028@unknown@formal@none@1@S@Source: Telerate Systems Inc.@@@@1@4@@oe@2-2-2013
20986029@unknown@formal@none@1@S@FEDERAL NATIONAL MORTGAGE ASSOCIATION (Fannie Mae): Posted yields on 30 year mortgage commitments for delivery within 30 days (priced at par) 9.68%, standard conventional fixed-rate mortgages; 8.70%, 6/2 rate capped one-year adjustable rate mortgages.@@@@1@34@@oe@2-2-2013
20986030@unknown@formal@none@1@S@Source: Telerate Systems Inc.@@@@1@4@@oe@2-2-2013
20986031@unknown@formal@none@1@S@MERRILL LYNCH READY ASSETS TRUST: 8.62%.@@@@1@6@@oe@2-2-2013
20986032@unknown@formal@none@1@S@Annualized average rate of return after expenses for the past 30 days; not a forecast of future returns.@@@@1@18@@oe@2-2-2013
20987001@unknown@formal@none@1@S@Securities and Exchange Commission Chairman Richard Breeden told a congressional subcommittee that he would consider imposing "circuit breakers" to halt program trading at volatile times.@@@@1@25@@oe@2-2-2013
20987002@unknown@formal@none@1@S@Mr. Breeden, in his first testimony to Congress since taking the SEC post, said the agency is studying the Friday the 13th market plunge, including how current circuit breakers affected the market that day and the following Monday.@@@@1@38@@oe@2-2-2013
20987003@unknown@formal@none@1@S@After the study, the SEC would be willing to consider adding new circuit breakers or fine-tuning the current ones, he added.@@@@1@21@@oe@2-2-2013
20987004@unknown@formal@none@1@S@Circuit breakers, designed to give the markets a breather in cases of sharp price movements, curb trading of futures or stocks at various trigger points.@@@@1@25@@oe@2-2-2013
20987005@unknown@formal@none@1@S@At certain points during the Friday the 13th drop, circuit breakers kicked in on the futures market, slowing trading at times.@@@@1@21@@oe@2-2-2013
20987006@unknown@formal@none@1@S@A circuit breaker that would have closed down the New York Stock Exchange wasn't tripped.@@@@1@15@@oe@2-2-2013
20987007@unknown@formal@none@1@S@Rep. Edward Markey (D., Mass.), chairman of the House Telecommunications and Finance Subcommittee, is pushing the idea of a circuit breaker for computer-driven program trading in hopes that would curb "turmoil" in the marketplace.@@@@1@34@@oe@2-2-2013
20987008@unknown@formal@none@1@S@He argued that program-trading by roughly 15 big institutions is pushing around the markets and scaring individual investors.@@@@1@18@@oe@2-2-2013
20987009@unknown@formal@none@1@S@Mr. Breeden didn't reject the proposal.@@@@1@6@@oe@2-2-2013
20987010@unknown@formal@none@1@S@After the SEC study of the drop is completed, he said, "I'm perfectly happy to work with this committee . . . in identifying whether we need other devices," such as a program-trading curb.@@@@1@34@@oe@2-2-2013
20987011@unknown@formal@none@1@S@Mr. Breeden backed most of the provisions in a market-reform bill that the SEC brought to the subcommittee last year under then-chairman David Ruder.@@@@1@24@@oe@2-2-2013
20987012@unknown@formal@none@1@S@The measure is expected to move through this Congress.@@@@1@9@@oe@2-2-2013
20987013@unknown@formal@none@1@S@But the new chairman vehemently opposed a provision in the bill that would give the agency the right to close the markets at times of stress.@@@@1@26@@oe@2-2-2013
20987014@unknown@formal@none@1@S@Mr. Breeden contended that uncertainty over when the SEC might act could worsen volatility in the markets.@@@@1@17@@oe@2-2-2013
20987015@unknown@formal@none@1@S@He argued that the current circuit-breaker system allows investors to know "precisely when and where any trading interruptions will occur and how long they will last."@@@@1@26@@oe@2-2-2013
20987016@unknown@formal@none@1@S@Mr. Breeden offered strong support for two other provisions in the bill.@@@@1@12@@oe@2-2-2013
20987017@unknown@formal@none@1@S@One would force brokerage houses to provide the SEC detailed information about loans made by their holding companies.@@@@1@18@@oe@2-2-2013
20987018@unknown@formal@none@1@S@Such loans often are used to finance leveraged buy-outs, and the agency is worried that a sharp market drop could create capital problems for the firms.@@@@1@26@@oe@2-2-2013
20987019@unknown@formal@none@1@S@He also backed a rule to require large traders to report transactions on a systematic basis.@@@@1@16@@oe@2-2-2013
20987020@unknown@formal@none@1@S@That information, he argued, is critical to reconstructing sharp market moves, such as the one nearly two weeks ago.@@@@1@19@@oe@2-2-2013
20988001@unknown@formal@none@1@S@In a rare package sale of its real estate, K mart Corp., Troy, Mich., has sold 17 of its strip shopping centers to a limited partnership led by New York developer Philip Pilevsky, according to sources familiar with the transaction.@@@@1@40@@oe@2-2-2013
20988002@unknown@formal@none@1@S@They estimate the value of the transaction at close to $100 million.@@@@1@12@@oe@2-2-2013
20988003@unknown@formal@none@1@S@K mart officials and Mr. Pilevsky wouldn't comment on the sale.@@@@1@11@@oe@2-2-2013
20988004@unknown@formal@none@1@S@K mart previously had announced it would report its third consecutive decline in quarterly earnings for the period ended yesterday, the same day the real estate deal was completed.@@@@1@29@@oe@2-2-2013
20988005@unknown@formal@none@1@S@Analysts are estimating third-quarter earnings will drop between 13% and 20% to about 50 to 55 cents per share, compared with 63 cents per share in the year-ago quarter.@@@@1@29@@oe@2-2-2013
20988006@unknown@formal@none@1@S@It is unclear what effect the sale of the shopping centers will have on earnings.@@@@1@15@@oe@2-2-2013
20988007@unknown@formal@none@1@S@K mart developed the centers, which range in size from about 150,000 square feet to just over 250,000 square feet.@@@@1@20@@oe@2-2-2013
20988008@unknown@formal@none@1@S@Most are anchored by a K mart store.@@@@1@8@@oe@2-2-2013
20988009@unknown@formal@none@1@S@The retailer reportedly will lease its stores back from the developer, who plans to expand the small centers.@@@@1@18@@oe@2-2-2013
20988010@unknown@formal@none@1@S@The centers comprise a total of about 1.6 million square feet of retail space.@@@@1@14@@oe@2-2-2013
20988011@unknown@formal@none@1@S@They are spread around the country and include locations in California, Florida, Washington and Arizona.@@@@1@15@@oe@2-2-2013
20988012@unknown@formal@none@1@S@Mr. Pilevsky, who heads Philips International Holding Corp., a New York-based real estate company, owns more than a dozen other shopping centers in which K mart is a tenant.@@@@1@29@@oe@2-2-2013
20988013@unknown@formal@none@1@S@The company is active in office and residential development in New York.@@@@1@12@@oe@2-2-2013
20988014@unknown@formal@none@1@S@However, nationally, Mr. Pilevsky controls through limited partnerships about 85 shopping centers with about 17 million square feet.@@@@1@18@@oe@2-2-2013
20988015@unknown@formal@none@1@S@K mart runs 2,200 K mart stores, primarily in leased facilities.@@@@1@11@@oe@2-2-2013
20988016@unknown@formal@none@1@S@The company typically sells the centers it develops, but has usually sold only one or several at a time.@@@@1@19@@oe@2-2-2013
20989001@unknown@formal@none@1@S@Motorola is fighting back against junk mail.@@@@1@7@@oe@2-2-2013
20989002@unknown@formal@none@1@S@So much of the stuff poured into its Austin, Texas, offices that its mail rooms there simply stopped delivering it.@@@@1@20@@oe@2-2-2013
20989003@unknown@formal@none@1@S@Now, thousands of mailers, catalogs and sales pitches go straight into the trash.@@@@1@13@@oe@2-2-2013
20989004@unknown@formal@none@1@S@"We just don't have the staff to {deliver} it, nor do we have the space or the time," says a spokesman for the Schaumburg, Ill., electronics company, which has 5,000 employees in the Austin area.@@@@1@35@@oe@2-2-2013
20989005@unknown@formal@none@1@S@"It's the overload problem and the weight problem we have."@@@@1@10@@oe@2-2-2013
20989006@unknown@formal@none@1@S@Motorola is in good company.@@@@1@5@@oe@2-2-2013
20989007@unknown@formal@none@1@S@Businesses across the country are getting fed up with junk mail, and some are saying they just aren't going to take it anymore -- literally.@@@@1@25@@oe@2-2-2013
20989008@unknown@formal@none@1@S@While no one has tracked how many company mail rooms throw out junk mail, direct-mail advertising firms say the number is growing.@@@@1@22@@oe@2-2-2013
20989009@unknown@formal@none@1@S@General Motors earlier this year said it wouldn't deliver bulk mail or free magazines in its Flint, Mich., office, while Air Products & Chemicals, Allentown, Pa., says it screens junk mail and often throws out most of a given mass mailing.@@@@1@41@@oe@2-2-2013
20989010@unknown@formal@none@1@S@Why the revolt?@@@@1@3@@oe@2-2-2013
20989011@unknown@formal@none@1@S@Anybody with a mailbox can answer that: sheer, overwhelming, mind-numbing volume.@@@@1@11@@oe@2-2-2013
20989012@unknown@formal@none@1@S@According to the Direct Marketing Association, total direct mail -- to both businesses and consumers -- jumped 50% to 65.4 billion pieces in 1988 from five years earlier.@@@@1@28@@oe@2-2-2013
20989013@unknown@formal@none@1@S@Though direct mail to businesses isn't broken out separately, the association says it's growing even faster.@@@@1@16@@oe@2-2-2013
20989014@unknown@formal@none@1@S@The deluge has spurred cost-conscious companies to action, with mail rooms throwing the stuff out rather than taking the time or money to deliver it.@@@@1@25@@oe@2-2-2013
20989015@unknown@formal@none@1@S@The direct-mail industry, not surprisingly, is fuming at the injustice of it all.@@@@1@13@@oe@2-2-2013
20989016@unknown@formal@none@1@S@After all, this is the industry that has a hard enough time getting any respect, that is the butt of so many jokes that television's "L.A. Law" portrays direct-mail-mogul David as short, bald, intensely nerdy, and unremittingly boring.@@@@1@38@@oe@2-2-2013
20989017@unknown@formal@none@1@S@The practice of businesses throwing out junk mail "is a commonly known problem, and it's increasing as companies attempt to put through budget cuts across the board," right down to the mail-room level, says Stephen Belth, a list consultant and chairman of the Direct Marketing Association's business-to-business council.@@@@1@48@@oe@2-2-2013
20989018@unknown@formal@none@1@S@"But it's like biting the hand that feeds them, because every one of these companies uses direct marketing."@@@@1@18@@oe@2-2-2013
20989019@unknown@formal@none@1@S@It's almost impossible to track the number of companies trashing junk mail, since the decision is usually made in the mail room -- not the board room.@@@@1@27@@oe@2-2-2013
20989020@unknown@formal@none@1@S@And the practice often varies from location to location even within a company.@@@@1@13@@oe@2-2-2013
20989021@unknown@formal@none@1@S@But industry executives say businesses seem especially inclined to dump mailers sent to titles rather than to individual names.@@@@1@19@@oe@2-2-2013
20989022@unknown@formal@none@1@S@Motorola's Austin operation was one of the first to lose patience, deciding a few years ago to junk any bulk mail that wasn't addressed to an individual.@@@@1@27@@oe@2-2-2013
20989023@unknown@formal@none@1@S@Magazines aren't delivered at all, even if an individual's name is listed; employees who want their magazines have to pick them up from the mail room or the company library -- and are told to change the subscriptions to their home addresses.@@@@1@42@@oe@2-2-2013
20989024@unknown@formal@none@1@S@At Air Products, meanwhile, the mailroom staff opens junk mail and often throws it away -- even if addressed to an individual.@@@@1@22@@oe@2-2-2013
20989025@unknown@formal@none@1@S@"If they get 50 packets of something, they open one, see what it says, throw 48 away and send two to people or departments they think are appropriate," a spokesman says.@@@@1@31@@oe@2-2-2013
20989026@unknown@formal@none@1@S@Direct marketers were especially alarmed when General Motors -- one of the country's largest companies and a big direct-mail user itself -- entered the junk-mail battle.@@@@1@26@@oe@2-2-2013
20989027@unknown@formal@none@1@S@As of March 1, its Flint office, with about 2,500 employees, stopped delivering bulk mail and non-subscription magazines.@@@@1@18@@oe@2-2-2013
20989028@unknown@formal@none@1@S@Employees were told that if they really wanted the publications, they would have to have them sent home instead.@@@@1@19@@oe@2-2-2013
20989029@unknown@formal@none@1@S@The reason: overload, especially of non-subscription magazines.@@@@1@7@@oe@2-2-2013
20989030@unknown@formal@none@1@S@Direct-mail executives see GM's stand as an ominous sign -- even if the junk-mail kings did bring it on themselves.@@@@1@20@@oe@2-2-2013
20989031@unknown@formal@none@1@S@"Why anyone would want to close themselves off {from direct mail}, a priori, doesn't make any sense," says Michael Bronner of Bronner Slosberg Associates, a Boston directmail firm.@@@@1@28@@oe@2-2-2013
20989032@unknown@formal@none@1@S@"It smacks of big brotherism.@@@@1@5@@oe@2-2-2013
20989033@unknown@formal@none@1@S@They're going to decide what their employees can or cannot read."@@@@1@11@@oe@2-2-2013
20989034@unknown@formal@none@1@S@The practice is, however, legal in most cases.@@@@1@8@@oe@2-2-2013
20989035@unknown@formal@none@1@S@Jack Ellis, a U.S. postal inspector in New York, says the Postal Service's only job is to deliver the mail to the mail room; once it gets there, a company can do with it what it wishes.@@@@1@37@@oe@2-2-2013
20989036@unknown@formal@none@1@S@The junk-mail titans, ever optimistic, are looking for ways around the problem.@@@@1@12@@oe@2-2-2013
20989037@unknown@formal@none@1@S@So far, they say, it hasn't had any noticeable effect on response rates.@@@@1@13@@oe@2-2-2013
20989038@unknown@formal@none@1@S@And before it does, they're trying to cut back on the clutter that created the situation in the first place.@@@@1@20@@oe@2-2-2013
20989039@unknown@formal@none@1@S@Among other things, the industry is trying to come up with standardized business lists that cut down on duplications.@@@@1@19@@oe@2-2-2013
20989040@unknown@formal@none@1@S@"We're going to have to mail a lot less and a lot smarter," says Jack Miller, president of Quill Corp., a Lincolnshire, Ill., business-to-business mail-order company.@@@@1@26@@oe@2-2-2013
20989041@unknown@formal@none@1@S@But then again, mailing less and smarter won't be much help if the mail ends up in the garbage anyway.@@@@1@20@@oe@2-2-2013
20989042@unknown@formal@none@1@S@New Hyundai Campaign@@@@1@3@@oe@2-2-2013
20989043@unknown@formal@none@1@S@Hyundai Motor America, fighting quality complaints, declining sales and management turmoil, yesterday unveiled its 1990 ad strategy, tagged "We're Making More Sense Than Ever."@@@@1@24@@oe@2-2-2013
20989044@unknown@formal@none@1@S@The ad campaign, created by Saatchi & Saatchi's Backer Spielvogel Bates agency, is an extension of the auto company's "Cars That Make Sense" campaign, which emphasized affordability.@@@@1@27@@oe@2-2-2013
20989045@unknown@formal@none@1@S@TV ads plugging the company's new V-6 Sonata and its souped-up Excel subcompact will begin appearing Monday.@@@@1@17@@oe@2-2-2013
20989046@unknown@formal@none@1@S@One spot shows a Sonata next to a rival midsized car, and an announcer says, "Listen to what they're saying about the Hyundai Sonata."@@@@1@24@@oe@2-2-2013
20989047@unknown@formal@none@1@S@As the announcer reads favorable quotes about the model from Motor Trend and Road & Track magazines, the other car, which is white, slowly turns green.@@@@1@26@@oe@2-2-2013
20989048@unknown@formal@none@1@S@"No wonder the competition's green with envy," the announcer says.@@@@1@10@@oe@2-2-2013
20989049@unknown@formal@none@1@S@Ad Notes. . . .@@@@1@5@@oe@2-2-2013
20989050@unknown@formal@none@1@S@ACQUISITION:@@@@1@1@@oe@2-2-2013
20989051@unknown@formal@none@1@S@EWDB, formed by the merger of Eurocom and Della Femina McNamee WCRS, said it agreed to buy Vizeversa, an agency in Barcelona.@@@@1@22@@oe@2-2-2013
20989052@unknown@formal@none@1@S@Terms weren't disclosed.@@@@1@3@@oe@2-2-2013
20989053@unknown@formal@none@1@S@HOLIDAY ADS:@@@@1@2@@oe@2-2-2013
20989054@unknown@formal@none@1@S@Seagram will run two interactive ads in December magazines promoting its Chivas Regal and Crown Royal brands.@@@@1@17@@oe@2-2-2013
20989055@unknown@formal@none@1@S@The Chivas ad illustrates -- via a series of pullouts -- the wild reactions from the pool man, gardener and others if not given Chivas for Christmas.@@@@1@27@@oe@2-2-2013
20989056@unknown@formal@none@1@S@The three-page Crown Royal ad features a black-and-white shot of a boring holiday party -- and a set of colorful stickers with which readers can dress it up.@@@@1@28@@oe@2-2-2013
20989057@unknown@formal@none@1@S@Both ads were designed by Omnicom's DDB Needham agency.@@@@1@9@@oe@2-2-2013
20990001@unknown@formal@none@1@S@Senate Democrats who favor cutting the capital-gains tax aren't ready to line up behind the leading Senate proposal.@@@@1@18@@oe@2-2-2013
20990002@unknown@formal@none@1@S@Their reluctance to support the proposal is another blow to the capital-gains cut, which has had a roller-coaster existence since the beginning of the year, when it was considered dead and then suddenly revived and was passed by the House.@@@@1@40@@oe@2-2-2013
20990003@unknown@formal@none@1@S@Nevertheless, Oregon Sen. Bob Packwood, the ranking GOP member on the tax-writing Senate Finance Committee, last night introduced his plan as an amendment to a pending measure authorizing U.S. aid for Poland and Hungary.@@@@1@34@@oe@2-2-2013
20990004@unknown@formal@none@1@S@Senate Majority Leader George Mitchell (D., Maine) was confident he had enough votes to block the maneuver on procedural grounds, perhaps as soon as today.@@@@1@25@@oe@2-2-2013
20990005@unknown@formal@none@1@S@Mr. Packwood all but conceded defeat, telling Mr. Mitchell: "I sense at this stage you may have the votes."@@@@1@19@@oe@2-2-2013
20990006@unknown@formal@none@1@S@The two lawmakers sparred in a highly personal fashion, violating usual Senate decorum.@@@@1@13@@oe@2-2-2013
20990007@unknown@formal@none@1@S@Their tone was good-natured, with Mr. Packwood saying he intended to offer the proposal again and again on future legislation and Sen. Mitchell saying he intended to use procedural means to block it again and again.@@@@1@36@@oe@2-2-2013
20990008@unknown@formal@none@1@S@Although the proposal, authored by Mr. Packwood and Sen. William Roth (R., Del.), appears to have general backing by Republicans, their votes aren't sufficient to pass it.@@@@1@27@@oe@2-2-2013
20990009@unknown@formal@none@1@S@And Democrats, who are under increasing pressure from their leaders to reject the gains-tax cut, are finding reasons to say no, at least for now.@@@@1@25@@oe@2-2-2013
20990010@unknown@formal@none@1@S@A major reason is that they believe the Packwood-Roth plan would lose buckets of revenue over the long run.@@@@1@19@@oe@2-2-2013
20990011@unknown@formal@none@1@S@The Packwood-Roth proposal would reduce the tax depending on how long an asset was held.@@@@1@15@@oe@2-2-2013
20990012@unknown@formal@none@1@S@It also would create a new individual retirement account that would shield from taxation the appreciation on investments made for a wide variety of purposes, including retirement, medical expenses, first-home purchases and tuition.@@@@1@33@@oe@2-2-2013
20990013@unknown@formal@none@1@S@"A number of us are not going to touch capital gains, IRAs or anything else unless it contributes to deficit-reduction," said Sen. Charles Robb (D., Va.), who is one of the 10 to 20 Democrats who the Bush administration believes might favor giving preferential treatment to capital gains.@@@@1@48@@oe@2-2-2013
20990014@unknown@formal@none@1@S@President Bush has been hearing this kind of opposition first hand during meetings over the past two days with Democratic senators at the White House.@@@@1@25@@oe@2-2-2013
20990015@unknown@formal@none@1@S@And at a luncheon meeting Tuesday of Democratic senators, there was outspoken opposition to cutting the capital-gains tax this year, according to participants.@@@@1@23@@oe@2-2-2013
20990016@unknown@formal@none@1@S@The trend is making advocates of the tax cut less optimistic about success.@@@@1@13@@oe@2-2-2013
20990017@unknown@formal@none@1@S@"There is a one-out-of-three shot of getting it this year," said Sen. David Boren of Oklahoma, a leading Democratic proponent of cutting the capital-gains tax.@@@@1@25@@oe@2-2-2013
20990018@unknown@formal@none@1@S@He called the battle "uphill."@@@@1@5@@oe@2-2-2013
20990019@unknown@formal@none@1@S@Other Democrats who favor a capital-gains cut are even more pessimistic.@@@@1@11@@oe@2-2-2013
20990020@unknown@formal@none@1@S@"There will be no capital-gains bill this year," said Sen. Dale Bumpers (D., Ark.).@@@@1@14@@oe@2-2-2013
20990021@unknown@formal@none@1@S@"I'm probably not going to vote for any capital-gains proposal.@@@@1@10@@oe@2-2-2013
20990022@unknown@formal@none@1@S@The IRA portion (of the Packwood-Roth plan) is irresponsible."@@@@1@9@@oe@2-2-2013
20990023@unknown@formal@none@1@S@Another significant factor in the capitalgains debate is the extent to which it has become a purely political battle between President Bush and Senate Majority Leader Mitchell.@@@@1@27@@oe@2-2-2013
20990024@unknown@formal@none@1@S@Mr. Mitchell has made clear to his wavering colleagues that the issue is important to him personally.@@@@1@17@@oe@2-2-2013
20990025@unknown@formal@none@1@S@Today, Sen. Mitchell and other leading Democrats plan to turn up the heat again by holding a news conference to bash the proposal.@@@@1@23@@oe@2-2-2013
20990026@unknown@formal@none@1@S@Estimates requested by Sen. Mitchell from the Congressional Joint Taxation Committee show that the richest 100 taxpayers got an average benefit from the capital-gains differential of $13 million each in 1985, the last year for which figures are available.@@@@1@39@@oe@2-2-2013
20990027@unknown@formal@none@1@S@White House officials acknowledged yesterday that Democrats still are reluctant to publicly express support for the Packwood-Roth capital gains proposal because they are loath to buck Sen. Mitchell.@@@@1@28@@oe@2-2-2013
20990028@unknown@formal@none@1@S@As a result, the officials said they are open to making a variety of deals with Senate Democrats to win their support for a capital-gains tax cut.@@@@1@27@@oe@2-2-2013
20990029@unknown@formal@none@1@S@Democrats asked in this week for discussions with President Bush have suggested ways of "tinkering" with the Packwood-Roth proposal, suggesting an interest in looking for a modified version they can back, one official said.@@@@1@34@@oe@2-2-2013
20990030@unknown@formal@none@1@S@In addition, White House aides think that there are numerous other important measures Democrats badly wanted passed -- such as the scaling back of a controversial catastrophic health-care plan for the elderly -- that might provide the president leverage in cutting deals with Democrats.@@@@1@44@@oe@2-2-2013
20990031@unknown@formal@none@1@S@A capital-gains tax cut might be paired with such measures to help ensure passage.@@@@1@14@@oe@2-2-2013
20990032@unknown@formal@none@1@S@Other possibilities include a child-care initiative and an increase in the minimum wage.@@@@1@13@@oe@2-2-2013
20990033@unknown@formal@none@1@S@If they can't secure immediate passage of a capital-gains plan, administration officials also aren't ruling out making a deal with Congress to put off a vote until a firm date in the future, even next year.@@@@1@36@@oe@2-2-2013
20990034@unknown@formal@none@1@S@But the officials insist that such a deal on a future vote would have to apply to both the House and the Senate.@@@@1@23@@oe@2-2-2013
20990035@unknown@formal@none@1@S@Gerald F. Seib contributed to this article.@@@@1@7@@oe@2-2-2013
20990036@unknown@formal@none@1@S@Japanese immigration authorities said they found 658 more Chinese among Vietnamese boat people, bringing the number of Chinese trying to enter Japan by posing as Vietnamese refugees this year to 1,642.@@@@1@31@@oe@2-2-2013
20990037@unknown@formal@none@1@S@Japan plans to send the Chinese back home and is negotiating with the Chinese government, a Justice Ministry official said.@@@@1@20@@oe@2-2-2013
20990038@unknown@formal@none@1@S@The Chinese were among 3,372 boat people supposedly from Vietnam who arrived in Japan this year, compared with 219 for all of 1988, the official said.@@@@1@26@@oe@2-2-2013
20990039@unknown@formal@none@1@S@The 658 Chinese, who have been in a refugee-assistance center, were sent to immigration facilities yesterday pending deportation to China, the official said.@@@@1@23@@oe@2-2-2013
20990040@unknown@formal@none@1@S@On Sept. 13, Japan began a policy of screening boat people, accepting only those deemed to be political refugees.@@@@1@19@@oe@2-2-2013
20990041@unknown@formal@none@1@S@Francoise Verne, 52-year-old former deputy director of France's mint, faces prison for her theft of some 67 rare coins from the mint's collections.@@@@1@23@@oe@2-2-2013
20990042@unknown@formal@none@1@S@Second in command from 1979 to 1984, Mrs. Verne told a Paris court that the "great disorder" that reigned at the agency led her into temptation.@@@@1@26@@oe@2-2-2013
20990043@unknown@formal@none@1@S@Before an inventory in 1984 that showed the "disappearance" of 944 coins valued at about 2.9 million French francs (about $465,000), there hadn't been any stock-taking since 1868.@@@@1@28@@oe@2-2-2013
20990044@unknown@formal@none@1@S@Tony Lambert, Mrs. Verne's successor, says the mint's losses from the theft run into the hundreds of thousands of francs.@@@@1@20@@oe@2-2-2013
20990045@unknown@formal@none@1@S@El Salvador is destroying more than 1.6 million pounds of food that had rotted in government warehouses, government officials said.@@@@1@20@@oe@2-2-2013
20990046@unknown@formal@none@1@S@The state Supply Regulator Institute is to burn rice, corn and beans that spoiled because of neglect and corruption in the previous Christian Democrat government, a statement from the information service SISAL said.@@@@1@33@@oe@2-2-2013
20990047@unknown@formal@none@1@S@During the past administration the foodstuffs were first bought by the institute, then sold at low prices to "unscrupulous businessmen" who resold them to the institute at inflated prices, the statement said.@@@@1@32@@oe@2-2-2013
20990048@unknown@formal@none@1@S@A black-draped cruise liner sailed into Naples yesterday bringing 800 Libyans threatening vengeance if Italy refuses to pay compensation for more than 30 years of colonial rule.@@@@1@27@@oe@2-2-2013
20990049@unknown@formal@none@1@S@Another 250 Libyans were already in Italy to stage a day of mourning for victims of Italy's colonial rule between 1911 and 1943, when Tripoli says Rome kidnapped 5,000 Libyans and deported them as forced labor.@@@@1@36@@oe@2-2-2013
20990050@unknown@formal@none@1@S@Libya's revolutionary Committees have threatened attacks on Italians if Rome doesn't pay compensation.@@@@1@13@@oe@2-2-2013
20990051@unknown@formal@none@1@S@But officials in Rome say the issue was legally resolved by a settlement between Italy and King Idris, deposed by Col. Muammar Gadhafi in 1969.@@@@1@25@@oe@2-2-2013
20990052@unknown@formal@none@1@S@Canadian Indians are taking five countries to court in a bid to stop low military flights over their homes, the Dutch Defense Ministry said.@@@@1@24@@oe@2-2-2013
20990053@unknown@formal@none@1@S@Representatives of the Inuit and Cree peoples living in Quebec and Labrador in northeastern Canada told the ministry of the planned action at a meeting, a ministry spokesman said.@@@@1@29@@oe@2-2-2013
20990054@unknown@formal@none@1@S@They also wanted to prevent a NATO training base being built in the region, he said.@@@@1@16@@oe@2-2-2013
20990055@unknown@formal@none@1@S@The action, in the Canadian Federal Court, will be against Canada, the Netherlands, West Germany, Britain and the U.S., the ministry spokesman said.@@@@1@23@@oe@2-2-2013
20990056@unknown@formal@none@1@S@Japan suspended imports of French mushrooms after finding some contaminated by radiation, an official of the Ministry of Health and Welfare said.@@@@1@22@@oe@2-2-2013
20990057@unknown@formal@none@1@S@Japan has been testing imported food from Europe since the April 1986 Chernobyl accident in the Soviet Union, the spokesman said.@@@@1@21@@oe@2-2-2013
20990058@unknown@formal@none@1@S@Since then, the ministry has announced 50 bans on food imports from European countries, including Italy, Spain, Turkey, Greece and the Soviet Union.@@@@1@23@@oe@2-2-2013
20990059@unknown@formal@none@1@S@The Venice city council is battling plans to tap huge gas fields off the coast that it says will speed up the city's slow sinking into its lagoon.@@@@1@28@@oe@2-2-2013
20990060@unknown@formal@none@1@S@AGIP, the state-owned energy giant, made the announcement about the gas field last month.@@@@1@14@@oe@2-2-2013
20990061@unknown@formal@none@1@S@Located six miles northeast of Venice, the field contains 875 billion cubic feet of methane gas-one-tenth of Italy's reserves.@@@@1@19@@oe@2-2-2013
20990062@unknown@formal@none@1@S@Alarmed councilors say the project could jeopardize costly efforts to stop, or slow down, the subsidence that makes Venice subject to regular and destructive flooding.@@@@1@25@@oe@2-2-2013
20990063@unknown@formal@none@1@S@The council unanimously opposed the idea of AGIP pumping out the methane gas and swiftly appealed to the company and to Prime Minister Giulio Andreotti, who has yet to reply.@@@@1@30@@oe@2-2-2013
20990064@unknown@formal@none@1@S@AGIP refused to reconsider and says drilling is due to start early next year.@@@@1@14@@oe@2-2-2013
20990065@unknown@formal@none@1@S@"It's unlikely extracting the gas will cause subsidence," says a spokeswoman.@@@@1@11@@oe@2-2-2013
20990066@unknown@formal@none@1@S@Thieves stole a 12th century fresco from an abandoned church in Camerino, Italy, by removing the entire wall on which the work had been painted, police said. . . .@@@@1@30@@oe@2-2-2013
20990067@unknown@formal@none@1@S@West Germany's BMW commissioned the Nuremberg post office to test a prototype battery-powered car.@@@@1@14@@oe@2-2-2013
20990068@unknown@formal@none@1@S@The vehicle has a top speed of 65 miles an hour and requires recharging from a standard wall socket every 100 miles.@@@@1@22@@oe@2-2-2013
20991001@unknown@formal@none@1@S@Total Assets Protection Inc., rebounding from its earlier loss, expects to report earnings from operations of about $200,000 for the third quarter, J.C. Matlock, chairman, said.@@@@1@26@@oe@2-2-2013
20991002@unknown@formal@none@1@S@Net income includes an extraordinary gain of about $100,000 from the reversal of bad debt and interest income.@@@@1@18@@oe@2-2-2013
20991003@unknown@formal@none@1@S@Revenue was about $4.5 million.@@@@1@5@@oe@2-2-2013
20991004@unknown@formal@none@1@S@In the 1988 third quarter, the company posted a net loss of $876,706, or 22 cents a share, on revenue of about $5.1 million.@@@@1@24@@oe@2-2-2013
20991005@unknown@formal@none@1@S@Total Assets plans and designs computer centers, computer security systems and computer backup systems.@@@@1@14@@oe@2-2-2013
20992001@unknown@formal@none@1@S@Regarding your Oct. 4 page-one article "Bad Blood" on the generic-drug battle: The Epilepsy Institute is not just a patient-advocacy organization.@@@@1@21@@oe@2-2-2013
20992002@unknown@formal@none@1@S@It is primarily a certified outpatient treatment facility providing comprehensive services to people with epilepsy and their families.@@@@1@18@@oe@2-2-2013
20992003@unknown@formal@none@1@S@The institute's advocacy efforts are based on the needs of the population it serves and represents.@@@@1@16@@oe@2-2-2013
20992004@unknown@formal@none@1@S@In 1985, the Medical Tribune reported that a growing number of critics are challenging the FDA bioequivalence-therapeutic-equivalence equation.@@@@1@18@@oe@2-2-2013
20992005@unknown@formal@none@1@S@"They contend it is based on an assumption that has not yet been proven in valid tests," the Tribune said.@@@@1@20@@oe@2-2-2013
20992006@unknown@formal@none@1@S@In 1986, some institute patients were reporting breakthrough seizures when they were switched from a specific brand-name medication to a generic one or from one generic manufacturer of a specific product to another.@@@@1@33@@oe@2-2-2013
20992007@unknown@formal@none@1@S@In addition, neurologists were beginning to report these observations as well.@@@@1@11@@oe@2-2-2013
20992008@unknown@formal@none@1@S@Call it anecdotal if you will.@@@@1@6@@oe@2-2-2013
20992009@unknown@formal@none@1@S@But no ethical physician would switch patients who were doing well on a specific medication from a specific manufacturer to prove a point.@@@@1@23@@oe@2-2-2013
20992010@unknown@formal@none@1@S@We do not depend on pharmaceutical companies for our support.@@@@1@10@@oe@2-2-2013
20992011@unknown@formal@none@1@S@The institute has governmental service contracts for the provision of direct patient services; collects patient fees; receives money through contributions from individuals, foundations and bequests.@@@@1@25@@oe@2-2-2013
20992012@unknown@formal@none@1@S@The funds received from pharmaceutical firms are used to offset physician symposiums, and these symposiums do not stress any particular medication or manufacturer.@@@@1@23@@oe@2-2-2013
20992013@unknown@formal@none@1@S@The Epilepsy Institute's reporting of breakthrough seizures stemmed from concerns about the people we treat and care about daily.@@@@1@19@@oe@2-2-2013
20992014@unknown@formal@none@1@S@This perhaps was perceived as a "bold" stance, and thus suspicious.@@@@1@11@@oe@2-2-2013
20992015@unknown@formal@none@1@S@But let us not confuse profits of big business masquerading as concerns for people's health care or for the cost.@@@@1@20@@oe@2-2-2013
20992016@unknown@formal@none@1@S@For whom is the saving?@@@@1@5@@oe@2-2-2013
20992017@unknown@formal@none@1@S@Surely not to people with epilepsy who depend on the same levels of medication in their bloodstream daily to maintain seizure control.@@@@1@22@@oe@2-2-2013
20992018@unknown@formal@none@1@S@Reina Berner@@@@1@2@@oe@2-2-2013
20992019@unknown@formal@none@1@S@Executive Director@@@@1@2@@oe@2-2-2013
20992020@unknown@formal@none@1@S@Arnold M. Katz@@@@1@3@@oe@2-2-2013
20993001@unknown@formal@none@1@S@Parker Hannifin Corp. said it agreed to sell its three automotive parts divisions to a management-led investor group for $80 million.@@@@1@21@@oe@2-2-2013
20993002@unknown@formal@none@1@S@The buy-out group is headed by Paul R. Lederer, president of Parker's automotive group, and includes several other executives of the three divisions.@@@@1@23@@oe@2-2-2013
20993003@unknown@formal@none@1@S@The units are the Edelmann, Ideal and Plews divisions.@@@@1@9@@oe@2-2-2013
20993004@unknown@formal@none@1@S@Net sales for the units for the fiscal year ended June 30 were $135.6 million.@@@@1@15@@oe@2-2-2013
20993005@unknown@formal@none@1@S@Parker officials said the company is selling the units to focus on its other businesses.@@@@1@15@@oe@2-2-2013
20994001@unknown@formal@none@1@S@A volcano will erupt next month on the fabled Strip: a 60-foot mountain spewing smoke and flame every five minutes.@@@@1@20@@oe@2-2-2013
20994002@unknown@formal@none@1@S@The man-made inferno will tower over a man-made lagoon with more than four acres of pools, grottoes and waterfalls.@@@@1@19@@oe@2-2-2013
20994003@unknown@formal@none@1@S@Visitors, whisked from the Strip on a moving walkway, will glide over a habitat for rare white tigers, which will star in performances by the famed illusionist team of Siegfried & Roy.@@@@1@32@@oe@2-2-2013
20994004@unknown@formal@none@1@S@Nearby, six dolphins will frolic in a 1.5 million-gallon saltwater aquarium.@@@@1@11@@oe@2-2-2013
20994005@unknown@formal@none@1@S@At the core of all this stands a hotel.@@@@1@9@@oe@2-2-2013
20994006@unknown@formal@none@1@S@In the lobby behind its nine-story, orchid-strewn atrium, a 20,000-gallon aquarium will come alive with sharks, stingrays, angelfish, puffers and other creatures of the deep.@@@@1@25@@oe@2-2-2013
20994007@unknown@formal@none@1@S@And oh, yes.@@@@1@3@@oe@2-2-2013
20994008@unknown@formal@none@1@S@There's a casino, the financial heart of it all.@@@@1@9@@oe@2-2-2013
20994009@unknown@formal@none@1@S@This is the Mirage, a $630 million island-fantasy hotel-casino now being completed for opening in November by Golden Nugget Inc.@@@@1@20@@oe@2-2-2013
20994010@unknown@formal@none@1@S@It's the most stunning example of Las Vegas's concerted effort to transform itself into a world-famous vacation resort for families as well as gamblers.@@@@1@24@@oe@2-2-2013
20994011@unknown@formal@none@1@S@Las Vegas has seen nothing quite like it before.@@@@1@9@@oe@2-2-2013
20994012@unknown@formal@none@1@S@Not for 15 years has a big new hotel-casino opened here.@@@@1@11@@oe@2-2-2013
20994013@unknown@formal@none@1@S@Now the Mirage and Circus Circus Enterprises Inc.'s $290 million Excalibur are going up.@@@@1@14@@oe@2-2-2013
20994014@unknown@formal@none@1@S@The Excalibur, with a castlelike hotel, jousting tournaments and other Arthurian attractions, will be able to handle up to 30,000 visitors a day when it opens in 1990.@@@@1@28@@oe@2-2-2013
20994015@unknown@formal@none@1@S@If MGM Grand Inc. proceeds with its plan for an amusement park -- a $700 million movieland resort with a working studio, casino and 5,000-room hotel that would become Las Vegas's biggest -- the investment in the three properties will total some $1.6 billion.@@@@1@44@@oe@2-2-2013
20994016@unknown@formal@none@1@S@MGM Grand has agreed to buy a 117-acre site for the resort for $93 million in cash plus stock currently valued at nearly $30 million.@@@@1@25@@oe@2-2-2013
20994017@unknown@formal@none@1@S@Smaller projects swell the figure to at least $2.5 billion.@@@@1@10@@oe@2-2-2013
20994018@unknown@formal@none@1@S@Still other projects that have been announced but not yet started could put expenditures above $3 billion over the next few years.@@@@1@22@@oe@2-2-2013
20994019@unknown@formal@none@1@S@Stephen A. Wynn, who owns 29.4% of Golden Nugget's shares, says the Mirage and other projects will help Las Vegas attract a whole new generation of visitors.@@@@1@27@@oe@2-2-2013
20994020@unknown@formal@none@1@S@"If you create a wonderment, if you create something so exciting that the public dreams of being part of it, then they'll come," he says.@@@@1@25@@oe@2-2-2013
20994021@unknown@formal@none@1@S@The projects already under construction will increase Las Vegas's supply of hotel rooms by 11,795, or nearly 20%, to 75,500.@@@@1@20@@oe@2-2-2013
20994022@unknown@formal@none@1@S@By a rule of thumb of 1.5 new jobs for each new hotel room, Clark County will have nearly 18,000 new jobs.@@@@1@22@@oe@2-2-2013
20994023@unknown@formal@none@1@S@The county at the end of 1988 had 307,000 jobs, 95,400 of them in the tourist industry.@@@@1@17@@oe@2-2-2013
20994024@unknown@formal@none@1@S@Projects in the talking or blueprint stage would add a further 48,000 rooms.@@@@1@13@@oe@2-2-2013
20994025@unknown@formal@none@1@S@Hotel-casino operators play down the possibility of a labor shortage.@@@@1@10@@oe@2-2-2013
20994026@unknown@formal@none@1@S@After all, 40,000 newcomers a year are settling in the Las Vegas Valley.@@@@1@13@@oe@2-2-2013
20994027@unknown@formal@none@1@S@But Nevada state labor economists think a shortage is probable.@@@@1@10@@oe@2-2-2013
20994028@unknown@formal@none@1@S@Nobody yet seems to have calculated the total number of slot machines, crap tables or roulette wheels Las Vegas will add to the enormous store that Lady Luck already guards here, much less the ultimate impact of the growth on schools and municipal services.@@@@1@44@@oe@2-2-2013
20994029@unknown@formal@none@1@S@"Traffic is certainly a concern, as is pollution, water and an adequate labor market," says Frank Sain, executive director of the Las Vegas Convention and Visitors Bureau.@@@@1@27@@oe@2-2-2013
20994030@unknown@formal@none@1@S@City fathers have managed to push through projects that are crucial for tourist growth, such as the expansion of McCarran International Airport to accommodate the 44% of Las Vegas tourists who fly here.@@@@1@33@@oe@2-2-2013
20994031@unknown@formal@none@1@S@This year, by one means of transport or another, more than 18 million people will visit the city.@@@@1@18@@oe@2-2-2013
20994032@unknown@formal@none@1@S@The expansion will set off a marketing war among the big hotel-casinos.@@@@1@12@@oe@2-2-2013
20994033@unknown@formal@none@1@S@Las Vegas promises, or threatens, to become a giant carnival, with rooms to be had for $45 a day or less, for visitors uninspired solely by gambling.@@@@1@27@@oe@2-2-2013
20994034@unknown@formal@none@1@S@Amid a riot of jousting knights, circus clowns, gold-leaf centurions and creatures of the wild, lesser competitors will fall.@@@@1@19@@oe@2-2-2013
20994035@unknown@formal@none@1@S@Caesars World Inc. plans to defend its august reputation by sinking $190 million into its opulent Caesars Palace, next door to the new Mirage, and adding a $100 million shopping area reminiscent of Rodeo Drive.@@@@1@35@@oe@2-2-2013
20994036@unknown@formal@none@1@S@The Palace, with its marble fountains and toga parties for high rollers, is already well-known for its Caesarean theme.@@@@1@19@@oe@2-2-2013
20994037@unknown@formal@none@1@S@The Flamingo Hilton, Imperial Palace, Frontier and others are pouring millions of dollars into facelifts, new room towers and casino floor space just to keep up.@@@@1@26@@oe@2-2-2013
20994038@unknown@formal@none@1@S@Where's this huge amount of investment capital coming from?@@@@1@9@@oe@2-2-2013
20994039@unknown@formal@none@1@S@Golden Nugget, Drexel Burnham Lambert Inc.'s first casino client, has borrowed on more than $600 million worth of mortgage notes, mostly sold to private investors by Drexel, to build the Mirage.@@@@1@31@@oe@2-2-2013
20994040@unknown@formal@none@1@S@Other casino owners, Circus Circus among them, are financing their expansion with their own cash and revolving credit lines from local lenders such as First Interstate Bank of Nevada.@@@@1@29@@oe@2-2-2013
20994041@unknown@formal@none@1@S@Will the investments pay off?@@@@1@5@@oe@2-2-2013
20994042@unknown@formal@none@1@S@The growth of Las Vegas tourism in recent years persuades lenders that they will.@@@@1@14@@oe@2-2-2013
20994043@unknown@formal@none@1@S@Casino revenues and hotel occupancy rates are high.@@@@1@8@@oe@2-2-2013
20994044@unknown@formal@none@1@S@Last year, the tourists left $3 billion with the area's casinos, nearly 10% more than in 1987.@@@@1@17@@oe@2-2-2013
20994045@unknown@formal@none@1@S@The people with a stake in Nevada's gambling industry believe that they have barely tapped the potentially huge family trade.@@@@1@20@@oe@2-2-2013
20994046@unknown@formal@none@1@S@"If you build a better mousetrap, it will catch more mice," says Fred Benninger, chairman of MGM Grand.@@@@1@18@@oe@2-2-2013
20994047@unknown@formal@none@1@S@Ellen Cokely, a tourist from Alton, Ill., seems inclined to agree.@@@@1@11@@oe@2-2-2013
20994048@unknown@formal@none@1@S@"I'd love it if my daughter had something else to do here," says Ms. Cokely, watching seven-year-old Kristin on the water slide at the Strip's Wet 'n' Wild water park.@@@@1@30@@oe@2-2-2013
20994049@unknown@formal@none@1@S@"Two generations ago, Dad came to Las Vegas by himself for a little diversion," says Van Heffner, executive vice president of the Nevada Hotel and Motel Association.@@@@1@27@@oe@2-2-2013
20994050@unknown@formal@none@1@S@"One generation ago, Mom joined Dad.@@@@1@6@@oe@2-2-2013
20994051@unknown@formal@none@1@S@Now, in the '90s, we're headed toward a total resort environment."@@@@1@11@@oe@2-2-2013
20994052@unknown@formal@none@1@S@Only a decade or so ago, casino managers balked at in-room TV sets and other fripperies that distracted from gambling.@@@@1@20@@oe@2-2-2013
20994053@unknown@formal@none@1@S@Casinos today offer bowling alleys, water parks, golf courses, tennis courts, lush swimming pools and other diversions, and more such facilities are being designed.@@@@1@24@@oe@2-2-2013
20994054@unknown@formal@none@1@S@Despite the new emphasis on the family trade, however, tourists in search of naughtier fun than gambling seem certain to find it, with Las Vegas call girls remaining on the scene.@@@@1@31@@oe@2-2-2013
20994055@unknown@formal@none@1@S@A serious economic downturn, pessimists observe, could hurt the expansionists.@@@@1@10@@oe@2-2-2013
20994056@unknown@formal@none@1@S@For now, however, the naysayers' voices are drowned by the roar of cement mixers and the clanging of construction cranes along the Strip.@@@@1@23@@oe@2-2-2013
20994057@unknown@formal@none@1@S@This is no place for pedestrians, but at 7:30 on a recent morning, when construction choked traffic at the famous Four Corners intersection to one lane, a taxi passenger found it faster to abandon the cab and walk to her destination.@@@@1@41@@oe@2-2-2013
20994058@unknown@formal@none@1@S@The ferocious competition probably will drive some poorly managed properties into bankruptcy or new ownership.@@@@1@15@@oe@2-2-2013
20994059@unknown@formal@none@1@S@It has happened before.@@@@1@4@@oe@2-2-2013
20994060@unknown@formal@none@1@S@The Dunes, the Aladdin and the Riviera were all acquired by the present owners from bankruptcy proceedings spawned by the last recession, in the early 1980s.@@@@1@26@@oe@2-2-2013
20994061@unknown@formal@none@1@S@Yet that hasn't discouraged investors.@@@@1@5@@oe@2-2-2013
20994062@unknown@formal@none@1@S@Some have bought big chunks of Strip property for what may turn into another wave of building.@@@@1@17@@oe@2-2-2013
20994063@unknown@formal@none@1@S@Atlantic City casino owner Donald Trump is scouting the Las Vegas market with an eye toward building an appropriately spectacular place.@@@@1@21@@oe@2-2-2013
20994064@unknown@formal@none@1@S@Even before the huge new projects began, the Strip's recent expansion squeezed smaller competitors.@@@@1@14@@oe@2-2-2013
20994065@unknown@formal@none@1@S@Many blue-collar customers of downtown's no-frills gambling spots have been lured to the Strip or to Laughlin, Nev., a Colorado River town catering to snowbirds and the recreational-vehicle crowd.@@@@1@29@@oe@2-2-2013
20994066@unknown@formal@none@1@S@Hotel expansion and an influx of more-discriminating tourists have hurt motels.@@@@1@11@@oe@2-2-2013
20994067@unknown@formal@none@1@S@Since 1979, the number of motel rooms has fallen by 17,000.@@@@1@11@@oe@2-2-2013
20994068@unknown@formal@none@1@S@Many people here expect a room-rate war as the new projects open.@@@@1@12@@oe@2-2-2013
20994069@unknown@formal@none@1@S@"There's probably going to be some pressure on occupancy and room rates over the next year, but after that you should see the market return to 80%-plus occupancy and regular rates," says Paul Rubeli, casino executive at Ramada Inc., which runs the Tropicana.@@@@1@43@@oe@2-2-2013
20994070@unknown@formal@none@1@S@Skeptics wonder whether mega-resorts such as the Mirage will be able to squeeze a profit from their cash flow.@@@@1@19@@oe@2-2-2013
20994071@unknown@formal@none@1@S@The Mirage will cost at least $1 million a day to operate.@@@@1@12@@oe@2-2-2013
20994072@unknown@formal@none@1@S@Mr. Wynn seems confident that it will produce a healthy profit, but some securities analysts doubt it.@@@@1@17@@oe@2-2-2013
20994073@unknown@formal@none@1@S@Competitors and analysts say that among large existing properties Bally Manufacturing Corp.'s Bally Grand hotel-casino probably will be hardest hit among major properties.@@@@1@23@@oe@2-2-2013
20994074@unknown@formal@none@1@S@Bally officials decline to discuss the situation.@@@@1@7@@oe@2-2-2013
20994075@unknown@formal@none@1@S@Bally bought the former MGM Grand hotel-casino from Kirk Kerkorian four years ago.@@@@1@13@@oe@2-2-2013
20994076@unknown@formal@none@1@S@Only now is it undergoing a badly needed facelift.@@@@1@9@@oe@2-2-2013
20994077@unknown@formal@none@1@S@Its parking lot is inconvenient, the MGM lion's-head logo still appears in places, and customers still call it the Grand, rather than the Bally Grand.@@@@1@25@@oe@2-2-2013
20994078@unknown@formal@none@1@S@It has a "great location, but they're going to have some real problems when everyone around them opens," says Daniel Lee, a Drexel analyst.@@@@1@24@@oe@2-2-2013
20994079@unknown@formal@none@1@S@Older properties that still have a 1950s image are also vulnerable.@@@@1@11@@oe@2-2-2013
20994080@unknown@formal@none@1@S@Any hotel-casino without a strong identity will get whacked by the new competition, says Glenn Schaeffer, senior vice president of Circus Circus.@@@@1@22@@oe@2-2-2013
20994081@unknown@formal@none@1@S@"If you don't know what you are, bigger won't make you better," he says.@@@@1@14@@oe@2-2-2013
20994082@unknown@formal@none@1@S@"But it'll sure make you poorer."@@@@1@6@@oe@2-2-2013
20994083@unknown@formal@none@1@S@Circus Circus's flagship casino has become the envy of competitors for its ability to vacuum cash from the pockets of vacationing families.@@@@1@22@@oe@2-2-2013
20994084@unknown@formal@none@1@S@The Circus Circus lures them with low room rates, inexpensive buffets and entertainment for children at no extra charge.@@@@1@19@@oe@2-2-2013
20994085@unknown@formal@none@1@S@The company's Excalibur will also appeal to families, of course.@@@@1@10@@oe@2-2-2013
20994086@unknown@formal@none@1@S@Its castle, Mr. Schaeffer says, will be "the most compelling piece of folk architecture ever built."@@@@1@16@@oe@2-2-2013
20994087@unknown@formal@none@1@S@Some casino owners have resisted the temptation to add rooms.@@@@1@10@@oe@2-2-2013
20994088@unknown@formal@none@1@S@Instead, they are spending to reinforce the identity that they believe attracts their customers.@@@@1@14@@oe@2-2-2013
20994089@unknown@formal@none@1@S@"More rooms aren't the answer for us," says Caesars World chairman Henry Gluck.@@@@1@13@@oe@2-2-2013
20994090@unknown@formal@none@1@S@While his company's hotel is building a retail complex in Beverly Hills style and redoing existing rooms, it has decreased the number of its rooms.@@@@1@25@@oe@2-2-2013
20994091@unknown@formal@none@1@S@Some have been combined into suites for the high rollers.@@@@1@10@@oe@2-2-2013
20994092@unknown@formal@none@1@S@Caesars has made a specialty of catering to high rollers from abroad, who are also being aggressively courted by the Mirage, the Las Vegas Hilton and others.@@@@1@27@@oe@2-2-2013
20994093@unknown@formal@none@1@S@Other, smaller concerns are also pursuing market niches -- Hawaiian tourists, for example, or the local trade.@@@@1@17@@oe@2-2-2013
20994094@unknown@formal@none@1@S@"There's still room for boutique properties," says James Barrett, president of MarCor Resorts Inc.@@@@1@14@@oe@2-2-2013
20994095@unknown@formal@none@1@S@Off the Strip, MarCor is building the Rio, a hotel-casino with a Brazilian theme and only 430 rooms -- all of them suites.@@@@1@23@@oe@2-2-2013
20994096@unknown@formal@none@1@S@Despite the proliferation of tourist distractions, Las Vegans haven't forgot that gambling is still what the town is all about.@@@@1@20@@oe@2-2-2013
20994097@unknown@formal@none@1@S@"The days when when the thrust of casinos was all high rollers, with no windows and clocks and lots of red and black decor, are gone," Mr. Sain of the visitors' bureau says.@@@@1@33@@oe@2-2-2013
20994098@unknown@formal@none@1@S@"But 93% of tourists still come for gambling.@@@@1@8@@oe@2-2-2013
20994099@unknown@formal@none@1@S@We can't lose sight of that.@@@@1@6@@oe@2-2-2013
20995001@unknown@formal@none@1@S@NORTH SIDE SAVINGS BANK directors declared an initial dividend of 10 cents a share, payable Dec. 5 to stock of record Nov. 21.@@@@1@23@@oe@2-2-2013
20995002@unknown@formal@none@1@S@The Floral Park, N.Y., thrift has a strong capital-to-assets ratio, said Vice President Michael D.N. Confer.@@@@1@16@@oe@2-2-2013
20995003@unknown@formal@none@1@S@At Sept. 30, the thrift, which converted to a stock form of ownership from a mutual form in April 1986, had more than four million shares outstanding.@@@@1@27@@oe@2-2-2013
20996001@unknown@formal@none@1@S@ARTICLE I, SECTION 7, CLAUSE 2:@@@@1@6@@oe@2-2-2013
20996002@unknown@formal@none@1@S@Every Bill which shall have passed the House of Representatives and the Senate, shall, before it becomes a Law, be presented to the President of the United States; If he approve he shall sign it, but if not he shall return it, with his Objections to that House in which it shall have originated, who shall enter the Objections at large on their Journal, and proceed to reconsider it.@@@@1@69@@oe@2-2-2013
20996003@unknown@formal@none@1@S@If after such Reconsideration two thirds of that House shall agree to pass the Bill, it shall be sent, together with the Objections, to the other House, by which it shall likewise be reconsidered, and if approved by two thirds of that House, it shall become a Law. . . .@@@@1@51@@oe@2-2-2013
20996004@unknown@formal@none@1@S@ARTICLE I, SECTION 7, CLAUSE 3:@@@@1@6@@oe@2-2-2013
20996005@unknown@formal@none@1@S@Every Order, Resolution, or Vote to which the Concurrence of the Senate and House of Representatives may be necessary (except on a question of Adjournment) shall be presented to the President of the United States; and before the Same shall take Effect, shall be approved by him, or being disapproved by him, shall be repassed by two thirds of the Senate and House of Representatives, according to the Rules and Limitations prescribed in the Case of a Bill.@@@@1@78@@oe@2-2-2013
20996006@unknown@formal@none@1@S@President Bush told reporters a few months ago that he was looking for the right test case to see whether he already has the line-item veto.@@@@1@26@@oe@2-2-2013
20996007@unknown@formal@none@1@S@Vice President Quayle and Budget Director Darman said recently they've joined the search.@@@@1@13@@oe@2-2-2013
20996008@unknown@formal@none@1@S@On Tuesday, the subject came up again when Marlin Fitzwater explained the constitutional argument based on the provisions above to the White House press corps.@@@@1@25@@oe@2-2-2013
20996009@unknown@formal@none@1@S@President Bush doesn't have any provision in mind, but line-item-veto bait will be like earthworms at midnight in the coming Continuing Resolution.@@@@1@22@@oe@2-2-2013
20996010@unknown@formal@none@1@S@The harder question is whether anyone yet understands that Mr. Bush's fight for his constitutional prerogatives is about politics as much as it is about law.@@@@1@26@@oe@2-2-2013
20996011@unknown@formal@none@1@S@We have been persuaded by the constitutional argument for the inherent line-item veto since 1987, when lawyer Stephen Glazier first made the case on this page.@@@@1@26@@oe@2-2-2013
20996012@unknown@formal@none@1@S@The 1974 budget "reform," passed over President Nixon's veto, took away the presidential impoundment power, thereby introducing monstrous CRs and eviscerating the presidential veto.@@@@1@24@@oe@2-2-2013
20996013@unknown@formal@none@1@S@Mr. Glazier discovered that the Founders had worried that Congress might take the President out of the loop.@@@@1@18@@oe@2-2-2013
20996014@unknown@formal@none@1@S@Article I, Section 7, Clause 3 says that whether it's called an "order, resolution or vote" or anything else, Presidents must have the chance to veto.@@@@1@26@@oe@2-2-2013
20996015@unknown@formal@none@1@S@Labeling an omnibus budget a "bill" can't deprive the President of his power to veto items.@@@@1@16@@oe@2-2-2013
20996016@unknown@formal@none@1@S@Finding a test case shouldn't be hard, but there is something to be said for picking the best one possible.@@@@1@20@@oe@2-2-2013
20996017@unknown@formal@none@1@S@The White House had the perfect case, but Congress blinked before it could go to court.@@@@1@16@@oe@2-2-2013
20996018@unknown@formal@none@1@S@After the HUD and S&L stories broke, some Congressmen began to worry that their influence peddling at executive-branch and independent agencies might some day get them in trouble.@@@@1@28@@oe@2-2-2013
20996019@unknown@formal@none@1@S@They worried about an Interior Department directive to log all communications with Members or their staffs.@@@@1@16@@oe@2-2-2013
20996020@unknown@formal@none@1@S@Congress inserted the following into the Interior appropriation: "None of the funds available under this title may be used to prepare reports on contacts between employees of the Dept. of the Interior and Members and committees of Congress and their staff."@@@@1@41@@oe@2-2-2013
20996021@unknown@formal@none@1@S@The White House warned that this would be an unconstitutional usurpation of its power.@@@@1@14@@oe@2-2-2013
20996022@unknown@formal@none@1@S@When it threatened to use this provision as the test for a line-item veto, Congress caved.@@@@1@16@@oe@2-2-2013
20996023@unknown@formal@none@1@S@The fear Congress has of any line-item-veto test led Members to add the single most contorted and ridiculous provision this year, "This section shall be effective only on Oct. 1, 1989."@@@@1@31@@oe@2-2-2013
20996024@unknown@formal@none@1@S@This means Interior contacts cannot be logged only on one day -- a Sunday that had already passed.@@@@1@18@@oe@2-2-2013
20996025@unknown@formal@none@1@S@If the White House is looking for another unconstitutional bill, Rep. John Dingell is trying again to raise the Fairness Doctrine from the dead.@@@@1@24@@oe@2-2-2013
20996026@unknown@formal@none@1@S@President Reagan vetoed this as a First Amendment violation.@@@@1@9@@oe@2-2-2013
20996027@unknown@formal@none@1@S@The "Fairness" Doctrine's enthusiasts are incumbents in the House who know the rules squelch lively discussions on broadcasts, deterring feisty challengers.@@@@1@21@@oe@2-2-2013
20996028@unknown@formal@none@1@S@There are also other provisions requiring Congressmen to join treaty-negotiating teams and new restrictions on OMB.@@@@1@16@@oe@2-2-2013
20996029@unknown@formal@none@1@S@Unconstitutional bills make good legal targets, but the line-item veto is better understood as a political opportunity than as mere fodder for lawyers.@@@@1@23@@oe@2-2-2013
20996030@unknown@formal@none@1@S@Commenting on the budget mess this week, President Bush said: "The perception out there is that it's the fault of Congress.@@@@1@21@@oe@2-2-2013
20996031@unknown@formal@none@1@S@And you can look to the leadership and ask them why that is the perception of the American people."@@@@1@19@@oe@2-2-2013
20996032@unknown@formal@none@1@S@Exactly right.@@@@1@2@@oe@2-2-2013
20996033@unknown@formal@none@1@S@Now's the time to make the political case that Presidents need the line-item weapon to restore discipline to the budget.@@@@1@20@@oe@2-2-2013
20996034@unknown@formal@none@1@S@Congress is in no position to naysay Mr. Bush now that we're into Gramm-Rudman's sequestration.@@@@1@15@@oe@2-2-2013
20996035@unknown@formal@none@1@S@Just this week, the House-Senate conference met -- 231 conferees, divided into 26 different subconferences.@@@@1@15@@oe@2-2-2013
20996036@unknown@formal@none@1@S@Senator Daniel Inouye agreed to close some bases in Hawaii in exchange for such goodies as $11 million for a parking lot at Walter Reed Hospital.@@@@1@26@@oe@2-2-2013
20996037@unknown@formal@none@1@S@Conference negotiator Rep. Bill Hefner pulled down $40 million in military bases for North Carolina and graciously allowed Senator James Sasser $70 million for bases in Tennessee.@@@@1@27@@oe@2-2-2013
20996038@unknown@formal@none@1@S@President Bush should take the Constitution in one hand and a budget ax in the other and get to work.@@@@1@20@@oe@2-2-2013
20996039@unknown@formal@none@1@S@He should chop out both unconstitutional provisions and budget pork.@@@@1@10@@oe@2-2-2013
20996040@unknown@formal@none@1@S@Congress may have lost any sense of discipline, but that doesn't mean the country must learn to live forever with this mess.@@@@1@22@@oe@2-2-2013
20996041@unknown@formal@none@1@S@President Bush has the power to change how Washington works, if only he will use it.@@@@1@16@@oe@2-2-2013
20997001@unknown@formal@none@1@S@Troubled SCI Television Inc. proposed to restructure much of its $1.3 billion in debt to buy time to sell assets and pay its obligations.@@@@1@24@@oe@2-2-2013
20997002@unknown@formal@none@1@S@The leveraged buy-out firm of Kohlberg Kravis Roberts & Co., which owns 46% of the common equity of SCI TV, indicated in the debt plan that it would reduce its equity stake to 15%, giving the rest of its stake to bondholders in the restructuring.@@@@1@45@@oe@2-2-2013
20997003@unknown@formal@none@1@S@KKR also signaled to the company's creditors that Henry Kravis and other KKR directors of SCI TV would resign from the board once the restructuring is completed and forgo their voting rights.@@@@1@32@@oe@2-2-2013
20997004@unknown@formal@none@1@S@Holders of SCI TV's $507 million of high-yield junk bonds are being asked to forgive a lot of debt in exchange for taking a 39% equity stake in SCI TV.@@@@1@30@@oe@2-2-2013
20997005@unknown@formal@none@1@S@They immediately termed the proposal inadequate and said the restructuring would not solve the company's problems.@@@@1@16@@oe@2-2-2013
20997006@unknown@formal@none@1@S@"I think the current plan is sufficiently flawed in a sufficient number of bondholders' eyes that substantial revisions will be required to get it done," says analyst Craig Davis of R.D. Smith & Co. here.@@@@1@35@@oe@2-2-2013
20997007@unknown@formal@none@1@S@Investors interpreted the KKR move as a desire by the firm to wash its hands of SCI TV.@@@@1@18@@oe@2-2-2013
20997008@unknown@formal@none@1@S@But a spokesman for KKR says that with only a 15% equity stake, it wouldn't be appropriate for KKR to keep board representation.@@@@1@23@@oe@2-2-2013
20997009@unknown@formal@none@1@S@KKR already has made about $1 billion of gains from earlier transactions with SCI TV, thus it isn't significantly affected by the company's troubles.@@@@1@24@@oe@2-2-2013
20997010@unknown@formal@none@1@S@SCI TV, which is controlled by Nashville, Tenn., entrepreneur George Gillett, owns six TV stations, including several CBS Inc. affiliates.@@@@1@20@@oe@2-2-2013
20997011@unknown@formal@none@1@S@It is having trouble meeting its debt payments because of heavy borrowing in 1987 for a leveraged buy-out.@@@@1@18@@oe@2-2-2013
20997012@unknown@formal@none@1@S@Through investment banker Drexel Burnham Lambert Inc., SCI TV is offering to exchange three classes of junk bonds for packages of new bonds and equity that investors value at ranges from 20 cents to 70 cents on the dollar.@@@@1@39@@oe@2-2-2013
20997013@unknown@formal@none@1@S@KKR would give up a 31% equity stake to bondholders, while Mr. Gillett would surrender an 8% stake.@@@@1@18@@oe@2-2-2013
20997014@unknown@formal@none@1@S@While one big SCI TV investor thinks that's pretty generous, many junkholders had been hoping that KKR and Mr. Gillett would invest new money in SCI TV.@@@@1@27@@oe@2-2-2013
20997015@unknown@formal@none@1@S@Those investors think SCI TV needs new equity to survive.@@@@1@10@@oe@2-2-2013
20997016@unknown@formal@none@1@S@SCI TV's debt restructuring plan would defer payment of $153 million of bank debt.@@@@1@14@@oe@2-2-2013
20997017@unknown@formal@none@1@S@It also would defer interest and principal on junk bonds that have fallen due; the grace period for paying the bill expires Nov. 16.@@@@1@24@@oe@2-2-2013
20997018@unknown@formal@none@1@S@At the same time, investors estimate the restructuring would cut the company's annual cash interest bill from about $90 million to $85 million.@@@@1@23@@oe@2-2-2013
20997019@unknown@formal@none@1@S@Yet to pay that interest bill, analysts say SCI TV will only produce about $80 million to $90 million of cash flow a year.@@@@1@24@@oe@2-2-2013
20998001@unknown@formal@none@1@S@Office Market Weakens In Overbuilt Northeast@@@@1@6@@oe@2-2-2013
20998002@unknown@formal@none@1@S@THE NORTHEAST office market is feeling serious aftereffects of the giddy overbuilding of the 1980s.@@@@1@15@@oe@2-2-2013
20998003@unknown@formal@none@1@S@Foreclosures and other signs of financial distress, most often associated with the real estate market in the Southwest, are surfacing in the suburban office market of the once thriving Northeast.@@@@1@30@@oe@2-2-2013
20998004@unknown@formal@none@1@S@Some projects are now in the hands of lenders, including a 425,000-square-foot office facility in Little Falls, N.J.@@@@1@18@@oe@2-2-2013
20998005@unknown@formal@none@1@S@The owners of a 32-acre hotel and office complex in King of Prussia, Pa., have advertised for new financing.@@@@1@19@@oe@2-2-2013
20998006@unknown@formal@none@1@S@Rising office vacancy rates in Fairfield County, Conn., have builders and bankers scrambling to restructure loans.@@@@1@16@@oe@2-2-2013
20998007@unknown@formal@none@1@S@And in suburban Boston, developers are bracing for cutbacks in the computer industry, a major user of office space.@@@@1@19@@oe@2-2-2013
20998008@unknown@formal@none@1@S@Many troubled properties haven't been foreclosed on and are hard to identify, says Albert I. Berger, who heads the Secaucus, N.J., office of Helmsley-Spear Inc., a real estate brokerage.@@@@1@29@@oe@2-2-2013
20998009@unknown@formal@none@1@S@Owners are voluntarily -- and quietly -- turning over properties to lenders through "deeds in lieu of foreclosure."@@@@1@18@@oe@2-2-2013
20998010@unknown@formal@none@1@S@Often, developers stay on as property manager.@@@@1@7@@oe@2-2-2013
20998011@unknown@formal@none@1@S@Real estate analyst Lloyd Lynford says the Northeast's distress is masked by relatively low vacancy rates.@@@@1@16@@oe@2-2-2013
20998012@unknown@formal@none@1@S@But in today's overbuilt market, tenants have many choices and are negotiating low rents that squeeze building owners.@@@@1@18@@oe@2-2-2013
20998013@unknown@formal@none@1@S@On average, Mr. Lynford says, it now takes three to 3 1/2 years to fill new office space, compared with 2 1/2 years in 1988.@@@@1@25@@oe@2-2-2013
20998014@unknown@formal@none@1@S@Beverly Hills Comes To Suburban Tokyo@@@@1@6@@oe@2-2-2013
20998015@unknown@formal@none@1@S@WHY SHOULD the Japanese cross the Pacific to buy American real estate when they can simply recreate it at home?@@@@1@20@@oe@2-2-2013
20998016@unknown@formal@none@1@S@Tokyu Development Corp. is spending $500 million to build American-style luxury homes in suburban Tokyo with rarely seen back yards, front yards, swimming pools and tennis courts.@@@@1@27@@oe@2-2-2013
20998017@unknown@formal@none@1@S@The Japanese company hired Richardson Nagy Martin, a Newport Beach, Calif., architectural firm, to design what the Japanese press has dubbed "the Beverly Hills of Tokyo."@@@@1@26@@oe@2-2-2013
20998018@unknown@formal@none@1@S@Instead of Japan's typical small homes clustered on narrow streets with no sidewalks, the new "One Hundred Hills" development will offer 65 houses on half-acre lots.@@@@1@26@@oe@2-2-2013
20998019@unknown@formal@none@1@S@That's more than 10 times the usual housing site size.@@@@1@10@@oe@2-2-2013
20998020@unknown@formal@none@1@S@Buyers with $6 million to spend can select from 11 designs, including a Mediterranean-inspired California style, a traditional Yankee look and designs inspired by Midwestern architect Frank Lloyd Wright.@@@@1@29@@oe@2-2-2013
20998021@unknown@formal@none@1@S@There are spacious living rooms and baths, plus a master grandparents suite and a foyer for removing shoes to suit Japanese life styles.@@@@1@23@@oe@2-2-2013
20998022@unknown@formal@none@1@S@Exteriors are faced with brick, wood or stone, but the homes are made of steel-reinforced concrete.@@@@1@16@@oe@2-2-2013
20998023@unknown@formal@none@1@S@"We were disappointed we couldn't use wood," says architect Walter J. Richardson, "but the Japanese only want stronger materials."@@@@1@19@@oe@2-2-2013
20998024@unknown@formal@none@1@S@At $1,000 per square foot, the Japanese want the feeling of indestructibility, he explains, not to mention protection from possible earthquake damage.@@@@1@22@@oe@2-2-2013
20998025@unknown@formal@none@1@S@Housing Developers Try Brand-Name Buildings@@@@1@5@@oe@2-2-2013