( S ( NP-SBJ ( NNP MCI ) ( NNPS Communications ) ( NNP Corp. ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBD received ) ( NP ( DT a ) ( ADJP ( QP ( CD 12 ) ( CD million ) ) ) ( NN contract ) ( S ( VP ( TO to ) ( VP ( VB provide ) ( NP ( JJ virtual ) ( NN network ) ( NNS services ) ) ( PP-CLR ( TO to ) ( NP ( NP ( NP ( NNP Woolworth ) ( NNP Corp. ) ( POS 's ) ) ( CD 5,600 ) ( JJ corporate ) ( CC and ) ( JJ retail ) ( NNS sites ) ) ( PP ( IN in ) ( NP ( DT the ) ) ) ) ) ) ) ) ) ) ) ) ) )

MCI Communications Corp. said it received a 12 million contract to provide virtual network services to Woolworth Corp. 's 5,600 corporate and retail sites in the


( S ( NP-SBJ ( DT The ) ( NN contract ) ) ( ADVP ( RB also ) ) ( VP ( VBZ provides ) ( PP-CLR ( IN for ) ( NP ( VBN advanced ) ( NN billing ) ( CC and ) ( NN network ) ( NN management ) ( NNS services ) ) ) ) )

The contract also provides for advanced billing and network management services


( S ( NP-SBJ ( NNP Woolworth ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ-1 ( PRP it ) ) ( VP ( VBZ expects ) ( S ( VP ( TO to ) ( VP ( VB expand ) ( NP ( NP ( NN usage ) ) ( PP ( IN of ) ( NP ( DT the ) ( NNP MCI ) ( NNS services ) ) ) ) ( SBAR-ADV ( IN as ) ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBZ adds ) ( NP ( QP ( IN about ) ( CD 6,000 ) ) ( NN business ) ( NNS locations ) ) ( PP-TMP ( IN over ) ( NP ( DT the ) ( JJ next ) ( JJ few ) ( NNS years ) ) ) ) ) ) ) ) ) ) ) ) ) )

Woolworth said it expects to expand usage of the MCI services as it adds about 6,000 business locations over the next few years


( S ( NP-SBJ-1 ( NNP Walter ) ( NNP M. ) ( NNP Brady ) ) ( VP ( VBD was ) ( VP ( VBN named ) ( S ( NP-PRD ( NP ( DT a ) ( JJ senior ) ( NN vice ) ( NN president ) ) ( PP ( IN of ) ( NP ( DT this ) ( NN insurer ) ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( JJ Canadian ) ( NN head ) ( NN office ) ) ) ) ) ) ) )

Walter M. Brady was named a senior vice president of this insurer in the Canadian head office


( S ( NP-SBJ ( PRP He ) ) ( VP ( VBD had ) ( VP ( VBN been ) ( NP-PRD ( NP ( NN vice ) ) ( NN president ) ( PP-LOC ( IN in ) ( NP ( DT that ) ( NN office ) ) ) ) ) ) )

He had been vice president in that office


( S ( NP-SBJ-1 ( NNP John ) ( NNP B. ) ( NNP Foy ) ) ( VP ( VBD was ) ( VP ( VBN named ) ( S ( NP-PRD ( JJ senior ) ( NN vice ) ( NN president ) ) ) ) ( CC and ) ( VP ( VBZ remains ) ( ADJP-PRD ( JJ responsible ) ( PP ( IN for ) ( NP ( DT the ) ( JJ individual ) ( NN policy ) ( NNS services ) ( NN department ) ) ) ) ) ) )

John B. Foy was named senior vice president and remains responsible for the individual policy services department


( S ( NP-SBJ-1 ( NNP Frank ) ( NNP J. ) ( NNP Ollari ) ) ( VP ( VBD was ) ( VP ( VBN named ) ( S ( NP-PRD ( NP ( JJ senior ) ( NN vice ) ( NN president ) ) ( PP ( IN in ) ( NP ( NP ( NN charge ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN mortgage ) ( NN finance ) ( NN department ) ) ) ) ) ) ) ) ) )

Frank J. Ollari was named senior vice president in charge of the mortgage finance department


( S ( NP-SBJ ( PRP He ) ) ( VP ( VBD had ) ( VP ( VBN been ) ( NP-PRD ( NP ( NN vice ) ( NN president ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( NN department ) ) ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( VP ( VBD was ) ( ADVP-TMP ( RB formerly ) ) ( VP ( VBN called ) ( S ( NP-PRD ( DT the ) ( JJ real ) ( NN estate ) ( NN department ) ) ) ) ) ) ) ) ) ) ) ) )

He had been vice president of the department which was formerly called the real estate department


( S ( PP-TMP ( IN During ) ( NP ( PRP$ its ) ( NN centennial ) ( NN year ) ) ) ( NP-SBJ ( DT The ) ( NNP Wall ) ( NNP Street ) ( NNP Journal ) ) ( VP ( MD will ) ( VP ( VB report ) ( NP ( NP ( NNS events ) ) ( PP ( IN of ) ( NP ( DT the ) ( JJ past ) ( NN century ) ) ) ( SBAR ( WHNP-1 ( DT that ) ) ( S ( VP ( NN stand ) ( PP-CLR ( IN as ) ( NP ( NP ( NNS milestones ) ) ( PP ( IN of ) ( NP ( JJ American ) ( NN business ) ( NN history ) ) ) ) ) ) ) ) ) ) ) )

During its centennial year The Wall Street Journal will report events of the past century that stand as milestones of American business history


( S ( NP-SBJ-1 ( NNP FRANKLIN ) ( NNP NATIONAL ) ( NNP BANK ) ) ( VP ( VP ( VBD DIED ) ( PP-TMP ( IN at ) ( NP ( NP ( NP ( CD 3 ) ( NN p.m. ) ) ( NP ( NNP EDT ) ) ) ( NP ( NNP Oct. ) ( CD 8 ) ( CD 1974 ) ) ) ) ) ( CC and ) ( VP ( VBD was ) ( VP ( ADVP-TMP ( RB promptly ) ) ( VBN resurrected ) ( PP-LOC ( IN under ) ( NP ( JJ new ) ( NNS owners ) ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB shore ) ( PRT ( RP up ) ) ( NP ( NP ( NN confidence ) ) ( PP ( IN in ) ( NP ( JJ other ) ( NNS banks ) ) ) ( PP-TMP ( IN during ) ( NP ( DT a ) ( NN recession ) ) ) ) ) ) ) ) ) ) )

FRANKLIN NATIONAL BANK DIED at 3 p.m. EDT Oct. 8 1974 and was promptly resurrected under new owners to shore up confidence in other banks during a recession


( S ( NP-SBJ ( NP ( NNP Arthur ) ( NNP Burns ) ) ( NP ( NNP Federal ) ( NNP Reserve ) ( NNP Board ) ( NN chairman ) ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( NP ( NP ( DT the ) ( NN government ) ( POS 's ) ) ( NN luck ) ) ( PP ( IN in ) ( S-NOM ( VP ( VBG keeping ) ( S ( NP-SBJ ( DT the ) ( NN bank ) ) ( ADJP-PRD ( JJ open ) ) ) ( PP ( IN despite ) ( S-NOM ( VP ( VBG being ) ( NP-PRD ( DT the ) ( JJ then-biggest ) ( NNP U.S. ) ( NN bank ) ( NN failure ) ) ) ) ) ) ) ) ) ( VP ( VBN prevented ) ( NP ( NN shock ) ( NNS waves ) ) ( PP-LOC ( PP ( IN around ) ( NP ( DT the ) ( NN country ) ) ) ( CC and ) ( PP ( IN around ) ( NP ( DT the ) ( NN world ) ) ) ) ) ) ) ) )

Arthur Burns Federal Reserve Board chairman said the government 's luck in keeping the bank open despite being the then-biggest U.S. bank failure prevented shock waves around the country and around the world


( S ( NP-SBJ ( NP ( NNP Federal ) ( NNS officials ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( VBD had ) ( VP ( VBN been ) ( VP ( VBG probing ) ( NP ( DT the ) ( NN bank ) ) ( PP-TMP ( IN for ) ( NP ( NNS months ) ) ) ) ) ) ) ) ) ( VP ( VBD arranged ) ( NP ( NP ( DT a ) ( NN merger ) ) ( PP ( IN with ) ( NP ( NP ( NNP European-American ) ( NNP Bank ) ( CC & ) ( NNP Trust ) ) ( VP ( VBN owned ) ( PP ( IN by ) ( NP-LGS ( CD six ) ( JJ foreign ) ( NNS banks ) ) ) ) ) ) ( SBAR-PRP ( S ( VP ( TO to ) ( VP ( VB avert ) ( NP ( DT the ) ( NN closedown ) ) ) ) ) ) ) ) )

Federal officials who had been probing the bank for months arranged a merger with European-American Bank & Trust owned by six foreign banks to avert the closedown


( S ( CC And ) ( NP-SBJ ( JJ federal ) ( NN insurance ) ) ( VP ( VBD protected ) ( NP ( NP ( DT the ) ( NN bank ) ( POS 's ) ) ( CD 631,163 ) ( NNS depositors ) ) ) )

And federal insurance protected the bank 's 631,163 depositors


( S ( NP-SBJ ( DT The ) ( NN crisis ) ) ( VP ( VBD had ) ( VP ( JJ peaked ) ( PP-TMP ( IN on ) ( NP ( NP ( NNP May ) ( CD 10 ) ( CD 1974 ) ) ( SBAR ( WHADVP-1 ( WRB when ) ) ( S ( NP-SBJ ( DT the ) ( NN bank ) ) ( VP ( VBN disclosed ) ( NP ( NP ( JJ severe ) ( NN foreign-exchange ) ( NNS losses ) ) ( ADJP ( JJ due ) ( PP ( TO to ) ( NP ( JJ unauthorized ) ( NN trading ) ) ) ) ) ) ) ) ) ) ) ) )

The crisis had peaked on May 10 1974 when the bank disclosed severe foreign-exchange losses due to unauthorized trading


( S ( S ( NP-SBJ ( JJ Massive ) ( NNS withdrawals ) ) ( VP ( VBD followed ) ) ) ( CC and ) ( S ( NP-SBJ ( EX there ) ) ( VP ( VBD was ) ( NP-PRD ( NP ( DT a ) ( JJ brief ) ( NN rescue ) ( NN attempt ) ) ( PP ( IN with ) ( NP ( JJ political ) ( NNS undertones ) ) ) ( PP ( VBG including ) ( NP ( NP ( QP ( CD 1.77 ) ( CD billion ) ) ) ( PP ( IN in ) ( NP ( NNP Federal ) ( NNP Reserve ) ( NNS loans ) ) ) ) ) ) ) ) )

Massive withdrawals followed and there was a brief rescue attempt with political undertones including 1.77 billion in Federal Reserve loans


( S ( PP-TMP ( IN Within ) ( NP ( CD six ) ( NNS years ) ) ) ( NP-SBJ-1 ( JJ many ) ( NNS figures ) ) ( VP ( VBD were ) ( VP ( VBN convicted ) ( PP-PRP ( IN for ) ( NP ( NP ( PRP$ their ) ( JJ illegal ) ( NN abuse ) ) ( PP ( IN of ) ( NP ( NNP Franklin ) ( NNS funds ) ) ) ) ) ) ) )

Within six years many figures were convicted for their illegal abuse of Franklin funds


( S ( PP-TMP ( IN In ) ( NP ( NNP June ) ( CD 1980 ) ) ) ( NP-SBJ-1 ( NP ( NNP Michele ) ( NNP Sindona ) ) ( NP ( NP ( DT an ) ( JJ Italian ) ( NN financier ) ) ( SBAR ( WHNP-3 ( WP who ) ) ( S ( PP-TMP ( IN in ) ( NP ( NNP July ) ( CD 1972 ) ) ) ( VP ( VBD had ) ( VP ( VBN bought ) ( NP ( NP ( DT a ) ( ADJP ( CD 22 ) ) ( NN % ) ( NN block ) ) ( PP ( IN of ) ( NP ( NP ( NNP Franklin ) ( POS 's ) ) ( NN stock ) ) ) ) ( PP-CLR ( IN from ) ( NP ( NP ( NNP Loews ) ( NNP Corp. ) ) ( VP ( VBN headed ) ( PP ( IN by ) ( NP-LGS ( NNP Laurence ) ( NNP A. ) ( NNP Tisch ) ) ) ) ) ) ) ) ) ) ) ) ( VP ( VBD was ) ( VP ( VBN sentenced ) ( PP-CLR ( TO to ) ( NP ( NP ( CD 25 ) ( NNS years ) ) ( PP-LOC ( IN in ) ( NP ( NN prison ) ) ) ) ) ( PP-TMP ( IN after ) ( S-NOM ( VP ( VBG being ) ( VP ( VBN convicted ) ( PP-CLR ( IN of ) ( NP ( NN fraud ) ( CC and ) ( NN perjury ) ) ) ) ) ) ) ) ) )

In June 1980 Michele Sindona an Italian financier who in July 1972 had bought a 22 % block of Franklin 's stock from Loews Corp. headed by Laurence A. Tisch was sentenced to 25 years in prison after being convicted of fraud and perjury


( SINV ( VP-TPC-1 ( VBN Included ) ) ( VP ( VBD was ) ) ( NP-SBJ-2 ( DT the ) ( NN charge ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NNP Sindona ) ) ( VP ( VBD siphoned ) ( NP ( NP ( QP ( CD 45 ) ( CD million ) ) ) ( PP ( IN of ) ( NP ( NNP Franklin ) ( NNS funds ) ) ) ) ( PP-PRP ( IN for ) ( NP ( PRP$ his ) ( JJ other ) ( NNS ventures ) ) ) ) ) ) ) )

Included was the charge that Sindona siphoned 45 million of Franklin funds for his other ventures


( S ( NP-SBJ-1 ( NNP Sindona ) ) ( PP-TMP ( IN in ) ( NP ( CD 1979 ) ) ) ( VP ( VBD faked ) ( NP ( NP ( PRP$ his ) ( NN kidnapping ) ) ( PP-TMP ( IN for ) ( NP ( CD 2 ) ( CD 1\/2 ) ( NNS months ) ) ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB delay ) ( NP ( PRP$ his ) ( NN trial ) ) ) ) ) ) )

Sindona in 1979 faked his kidnapping for 2 1\/2 months to delay his trial


( S ( PP-TMP ( IN During ) ( NP ( NP ( CD 1976 ) ) ( PP ( TO to ) ( NP ( CD 1979 ) ) ) ) ) ( NP-SBJ-2 ( JJ other ) ( JJ former ) ( NNP Franklin ) ( NNS officials ) ) ( VP ( CC either ) ( VP ( VP ( VBD pleaded ) ( ADJP ( JJ guilty ) ( PP ( TO to ) ) ) ) ( CC or ) ( VP ( VBD were ) ( VP ( VBN found ) ( S ( ADJP-PRD ( JJ guilty ) ( PP ( IN of ) ) ) ) ) ) ( NP-1 ( NP ( NNS violations ) ) ( PP ( VBG including ) ( NP ( NP ( JJ phony ) ( NNS transactions ) ) ( SBAR-PRP ( S ( VP ( TO to ) ( VP ( VB hide ) ( NP ( NP ( DT the ) ( NN bank ) ( POS 's ) ) ( NNS losses ) ) ) ) ) ) ) ) ) ) ) )

During 1976 to 1979 other former Franklin officials either pleaded guilty to or were found guilty of violations including phony transactions to hide the bank 's losses


( S ( NP-SBJ-1 ( NP ( NNP Sindona ) ) ( NP ( NP ( DT the ) ( JJ onetime ) ( NNP Vatican ) ( JJ financial ) ( NN adviser ) ) ( PP ( IN with ) ( NP ( NP ( VBN reported ) ( NNS links ) ) ( PP ( TO to ) ( NP ( DT the ) ( NNP Mafia ) ) ) ) ) ) ) ( VP ( VBD died ) ( PP-TMP ( IN on ) ( NP ( NNP March ) ( CD 22 ) ( CD 1986 ) ) ) ( PP ( IN at ) ( NP ( NN age ) ( CD 65 ) ) ) ( PP-TMP ( ADVP ( RB reportedly ) ) ( IN after ) ( S-NOM ( VP ( VBG drinking ) ( NP ( JJ cyanide-laced ) ( NN coffee ) ) ( PP-LOC ( IN in ) ( NP ( DT an ) ( JJ Italian ) ( NN prison ) ) ) ) ) ) ) )

Sindona the onetime Vatican financial adviser with reported links to the Mafia died on March 22 1986 at age 65 reportedly after drinking cyanide-laced coffee in an Italian prison


( S ( NP-SBJ ( PRP It ) ) ( VP ( VBD happened ) ( SBAR-TMP ( NP-ADV ( CD four ) ( NNS days ) ) ( IN after ) ( S ( NP-SBJ-1 ( PRP he ) ) ( VP ( VBD was ) ( VP ( VBN sentenced ) ( PP-CLR ( TO to ) ( NP ( NP ( NN life ) ) ( PP-LOC ( IN in ) ( NP ( NN prison ) ) ) ) ) ( PP-PRP ( IN for ) ( S-NOM ( VP ( VBG ordering ) ( NP ( DT a ) ( CD 1979 ) ( NN murder ) ) ) ) ) ) ) ) ) ) )

It happened four days after he was sentenced to life in prison for ordering a 1979 murder


( S ( NP-SBJ ( JJ Italian ) ( NNS magistrates ) ) ( VP ( VBD labeled ) ( S ( NP-SBJ ( PRP$ his ) ( NN death ) ) ( NP-PRD ( DT a ) ( NN suicide ) ) ) ) )

Italian magistrates labeled his death a suicide


( NP-HLN ( JJ Well-Seasoned ) ( NN Reasoning ) )

Well-Seasoned Reasoning


( S ( NP-SBJ-2 ( NN Food ) ( NN manufacturer ) ) ( VP ( VBZ changes ) ( NP ( NP ( NN spelling ) ) ( PP ( IN of ) ( NP ( NN catsup ) ) ) ) ( PP-CLR ( TO to ) ( NP ( NN ketchup ) ) ) ( S-ADV ( VP ( VBG saying ) ( SBAR ( S ( NP-SBJ ( DT that ) ) ( VP ( VBZ 's ) ( NP-PRD ( NP ( DT the ) ( NN spelling ) ) ( SBAR ( S ( NP-SBJ ( NNS people ) ) ( VP ( ADVP-TMP ( RB now ) ) ( VBP prefer ) ) ) ) ) ) ) ) ) ) ) )

Food manufacturer changes spelling of catsup to ketchup saying that 's the spelling people now prefer


( NP ( NNP WSJ ) ( NNP Business ) ( NNP Bulletin ) )

WSJ Business Bulletin


( S ( S ( NP-SBJ ( JJ Public ) ( NN preference ) ) ( VP ( VBZ is ) ( ADJP-PRD ( JJ important ) ) ) ) ( IN So ) ( S ( NP-SBJ ( NN product ) ( NNS names ) ) ( VP ( MD should ) ( VP ( VB match ) ( PRT ( IN up ) ) ) ) ) ( CC And ) ( S ( NP-SBJ ( NP ( NNS firms ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( VBP find ) ( SBAR ( S ( NP-SBJ ( PRP they ) ) ( VP ( VBP 're ) ( VP ( VBG lagging ) ( ADVP-LOC ( IN behind ) ) ) ) ) ) ) ) ) ) ( VP ( MD Should ) ( ADVP-TMP ( RB now ) ) ( VP ( VB take ) ( NP ( NP ( NNS steps ) ) ( SBAR ( S ( VP ( TO to ) ( VP ( VB ketchup ) ) ) ) ) ) ) ) ) )

Public preference is important So product names should match up And firms that find they 're lagging behind Should now take steps to ketchup


( NP ( NNP George ) ( NNP O. ) ( NNP Ludcke ) )

George O. Ludcke


( S-HLN ( VP ( VB Judge ) ( RB Not ) ) )

Judge Not


( S ( ADJP-PRD-TPC-2 ( WRB How ) ( JJ easy ) ) ( NP-SBJ ( NP ( PRP it ) ) ) ( VP ( VBZ is ) ( S-1 ( VP ( TO To ) ( VP ( VB attack ) ( NP ( NP ( NNS others ) ( POS ' ) ) ( NNS views ) ) ( PP-MNR ( IN Without ) ( S-NOM ( ADVP ( RB ever ) ) ( VP ( VBG setting ) ( NP ( DT A ) ( NN foot ) ) ( PP-CLR ( IN in ) ( NP ( PRP$ their ) ( NNS shoes ) ) ) ) ) ) ) ) ) ) )

How easy it is To attack others ' views Without ever setting A foot in their shoes


( NP ( NNP G. ) ( NNP Sterling ) ( NNP Leiby ) )

G. Sterling Leiby


Daffynition


( NP ( NP ( JJ Money-making ) ( NN course ) ) ( NP ( NN wad-working ) ) )

Money-making course wad-working


Thomas Henry


( S ( NP-SBJ ( NP ( NNS Residents ) ) ( PP ( IN of ) ( NP ( DT this ) ( NN city ) ) ) ) ( ADVP-TMP ( RB soon ) ) ( VP ( MD will ) ( VP ( VB be ) ( VP ( VBG seeing ) ( NP ( NP ( NNS ads ) ) ( VP ( VBG urging ) ( NP-1 ( PRP them ) ) ( S ( VP ( TO to ) ( VP ( VB visit ) ( NP ( NP ( NP ( NNP Cleveland ) ( POS 's ) ) ( JJ outdoor ) ( NN museum ) ) ( NP ( NNP Lake ) ( NNP View ) ( NNP Cemetery ) ) ) ) ) ) ) ) ) ) ) )

Residents of this city soon will be seeing ads urging them to visit Cleveland 's outdoor museum Lake View Cemetery


( S ( PP ( IN Despite ) ( NP ( NP ( JJ such ) ( JJ famous ) ( NNS tenants ) ) ( PP ( IN as ) ( NP ( NN oil ) ( NN magnate ) ( NNP John ) ( NNP D. ) ( NNP Rockefeller ) ) ) ) ) ( NP-SBJ ( NNP Lake ) ( NNP View ) ( NNP Cemetery ) ) ( VP ( VBZ has ) ( VP ( VBN fallen ) ( PP-CLR ( IN on ) ( NP ( JJ hard ) ( NNS times ) ) ) ) ) )

Despite such famous tenants as oil magnate John D. Rockefeller Lake View Cemetery has fallen on hard times


( S ( IN So ) ( NP-SBJ-1 ( DT the ) ( NN inner-city ) ( NN burial ) ( NN ground ) ) ( VP ( VBZ is ) ( VP ( VBG trying ) ( S ( VP ( TO to ) ( VP ( VB resurrect ) ( NP ( PRP itself ) ) ( PP-MNR ( IN with ) ( NP ( DT a ) ( NN television ) ( NN advertising ) ( NN campaign ) ) ) ) ) ) ) ) )

So the inner-city burial ground is trying to resurrect itself with a television advertising campaign


( S ( NP-SBJ ( DT The ) ( NNS ads ) ) ( VP ( VBP celebrate ) ( NP ( NP ( DT the ) ( NNS achievements ) ) ( PP ( IN of ) ( NP ( NP ( DT some ) ) ( PP ( IN of ) ( NP ( NP ( NNP Lake ) ( NNP View ) ( POS 's ) ) ( NNS residents ) ) ) ) ) ) ) )

The ads celebrate the achievements of some of Lake View 's residents


( S ( NP-SBJ ( NP ( DT A ) ( NN spot ) ) ( VP ( VBG honoring ) ( NP ( NP ( NNP Bill ) ( NNP White ) ) ( NP ( NP ( DT the ) ( NN inventor ) ) ( PP ( IN of ) ( NP ( VBG chewing ) ( NN gum ) ) ) ) ) ) ) ( VP ( VBZ shows ) ( S ( NP-SBJ-1 ( DT a ) ( NN woman ) ) ( VP ( VBG trying ) ( S ( VP ( TO to ) ( VP ( VB extricate ) ( NP ( PRP$ her ) ( JJ high-heeled ) ( NN shoe ) ) ( PP-CLR ( IN from ) ( NP ( NP ( DT a ) ( NN wad ) ) ( PP ( IN of ) ( NP ( NN gum ) ) ) ) ) ) ) ) ) ) ) )

A spot honoring Bill White the inventor of chewing gum shows a woman trying to extricate her high-heeled shoe from a wad of gum


( S ( NP-SBJ ( DT Another ) ) ( VP ( VBZ focuses ) ( PP-CLR ( IN on ) ( NP ( NP ( NNP Charles ) ( NNP Brush ) ) ( NP ( NP ( DT the ) ( JJ first ) ( NN person ) ) ( SBAR ( S ( VP ( TO to ) ( VP ( VB light ) ( NP ( DT a ) ( NN city ) ) ( ADVP-MNR ( RB electrically ) ) ) ) ) ) ) ) ) ) )

Another focuses on Charles Brush the first person to light a city electrically


( S ( NP-SBJ ( PRP It ) ) ( VP ( VBZ shows ) ( S ( NP-SBJ ( DT a ) ( NN boy ) ) ( VP ( VBG hurling ) ( NP ( NNS rocks ) ) ( PP-CLR ( IN at ) ( NP ( DT a ) ( NN street ) ( NN lamp ) ) ) ) ) ) )

It shows a boy hurling rocks at a street lamp


( S-1 ( NP-SBJ-2 ( NN Street ) ( NNS lights ) ) ( PRN ( S ( NP-SBJ ( DT the ) ( NN ad ) ) ( VP ( VBZ points ) ( PRT ( RP out ) ) ) ) ) ( VP ( VBD helped ) ( S ( VP ( VB sharpen ) ( NP ( NP ( DT the ) ( NN arm ) ) ( PP ( IN of ) ( NP ( JJ many ) ( DT a ) ( VBG budding ) ( NN baseball ) ( NN player ) ) ) ) ) ) ) )

Street lights the ad points out helped sharpen the arm of many a budding baseball player


( S ( NP-SBJ ( NN Cemetery ) ( NNS officials ) ) ( VP ( VBP hope ) ( SBAR ( S ( NP-SBJ ( NP ( DT the ) ( NNS ads ) ) ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( VP ( MD will ) ( VP ( VB begin ) ( S ( VP ( NN airing ) ( NP-TMP ( IN next ) ( NN month ) ) ) ) ) ) ) ) ) ( VP ( MD will ) ( RB not ) ( RB only ) ( VP ( VB draw ) ( NP ( NNS visitors ) ) ) ( CC but ) ( VP ( VB bolster ) ( NP ( NP ( NNS burials ) ) ( CC and ) ( NP ( NN endowment ) ( NN fund ) ( NNS contributions ) ) ) ) ) ) ) ) )

Cemetery officials hope the ads which will begin airing next month will not only draw visitors but bolster burials and endowment fund contributions


( S ( NP-SBJ ( NNP Lake ) ( NNP View ) ) ( VP ( VP ( VBD had ) ( NP ( DT an ) ( VBG operating ) ( NN deficit ) ) ( NP-TMP ( JJ last ) ( NN year ) ) ) ( CC and ) ( VP ( VBZ has ) ( NP ( NP ( DT a ) ( JJ poor ) ( NN reputation ) ) ( PP ( IN as ) ( NP ( DT an ) ( NN out-of-repair ) ( CC and ) ( JJ crime-infested ) ( NN cemetery ) ) ) ) ) ) )

Lake View had an operating deficit last year and has a poor reputation as an out-of-repair and crime-infested cemetery


( S ( NP-SBJ-2 ( DT The ) ( ADJP ( JJ private ) ( JJ non-profit ) ) ( NN cemetery ) ) ( VP ( VBZ has ) ( VP ( VBN had ) ( NP ( NN trouble ) ) ( S ( VP ( VBG competing ) ( PP-CLR ( IN against ) ( NP ( NP ( PRP$ its ) ( JJ for-profit ) ( NNS counterparts ) ) ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( VP ( VBP use ) ( NP-3 ( NP ( JJ direct ) ( NN mail ) ) ( CC and ) ( NP ( JJ other ) ( NN advertising ) ) ) ( S-CLR ( VP ( TO to ) ( VP ( VB sell ) ( NP ( NNS lots ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

The private non-profit cemetery has had trouble competing against its for-profit counterparts which use direct mail and other advertising to sell lots


( SINV ( S-TPC-3 ( NP-SBJ-2 ( PRP We ) ) ( VP ( VBP do ) ( RB n't ) ( VP ( VB want ) ( S ( VP ( TO to ) ( VP ( VB be ) ( VP ( VBN known ) ( PP-CLR ( IN as ) ( NP ( NN ambulance ) ( NNS chasers ) ) ) ) ) ) ) ) ) ) ( VP ( VBZ says ) ) ( NP-SBJ ( NP ( NNP William ) ( NNP Garrison ) ) ( NP ( NP ( NNP Lake ) ( NNP View ) ( POS 's ) ) ( NN president ) ) ) )

We do n't want to be known as ambulance chasers says William Garrison Lake View 's president


( S ( NP-SBJ ( PRP We ) ) ( VP ( VBP want ) ( S ( NP-SBJ ( NNS people ) ) ( VP ( TO to ) ( VP ( VB think ) ( PP-CLR ( IN of ) ( NP ( NNP Lake ) ( NNP View ) ) ) ( PP-CLR ( IN as ) ( NP ( NP ( DT an ) ( JJ historical ) ( NN park ) ) ( CC and ) ( NP ( JJ educational ) ( NN experience ) ) ) ) ) ) ) ) )

We want people to think of Lake View as an historical park and educational experience


( FRAG ( NP ( NP ( DT A ) ( JJ pleasant ) ( NN place ) ) ( SBAR ( S ( VP ( TO to ) ( VP ( VP ( VB come ) ) ( CC and ) ( VP ( VB spend ) ( NP ( DT a ) ( JJ few ) ( NNS hours ) ) ) ) ) ) ) ) )

A pleasant place to come and spend a few hours


( S ( NP-SBJ ( NP ( RB Not ) ( DT all ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( NN cemetery ) ( POS 's ) ) ( JJ better-known ) ( NNS tenants ) ) ) ) ( VP ( VBP lend ) ( NP ( PRP themselves ) ) ( PP-CLR ( TO to ) ( NP ( NP ( DT the ) ( JJ promotional ) ( NN job ) ) ( PP ( IN at ) ( NP ( NN hand ) ) ) ) ) ( ADVP ( RB however ) ) ) )

Not all of the cemetery 's better-known tenants lend themselves to the promotional job at hand however


( S ( PP ( IN For ) ( NP ( NN example ) ) ) ( NP-SBJ-2 ( NP ( NNP President ) ( NNP James ) ( NNP A. ) ( NNP Garfield ) ) ) ( VP ( VBZ is ) ( VP ( VBN entombed ) ( ADVP-LOC ( RB here ) ) ( NP-1 ( NP ( DT the ) ( NN victim ) ) ( PP ( IN of ) ( NP ( NP ( DT an ) ( NN assassination ) ) ( PP-TMP ( IN in ) ( NP ( CD 1881 ) ) ) ) ) ) ) ) )

For example President James A. Garfield is entombed here the victim of an assassination in 1881


( S ( NP-SBJ ( NNP Mr. ) ( NNP Garrison ) ) ( VP ( VBZ notes ) ( ADVP ( RB however ) ) ( SBAR ( IN that ) ( S ( NP-SBJ ( DT the ) ( NNP Garfield ) ( NN tomb ) ) ( VP ( VBZ is ) ( NP-PRD ( NP ( CD one ) ) ( PP ( IN of ) ( NP ( NP ( NP ( DT the ) ( NN nation ) ( POS 's ) ) ( JJR premier ) ( NNS examples ) ) ( PP ( IN of ) ( NP ( JJ Romanesque ) ( NN architecture ) ) ) ) ) ) ) ) ) ) )

Mr. Garrison notes however that the Garfield tomb is one of the nation 's premier examples of Romanesque architecture


( S ( NP-SBJ ( NP ( NNP Mr. ) ( NNP Rockefeller ) ) ( VP ( VBN buried ) ( PP-LOC ( IN beneath ) ( NP ( DT a ) ( JJ 180-foot-tall ) ( NN granite ) ( NN obelisk ) ) ) ) ) ( VP ( VBD did ) ( RB n't ) ( VP ( VB seem ) ( ADJP-PRD ( JJ right ) ( PP ( IN for ) ( NP ( DT an ) ( NN ad ) ) ) ) ( ADVP ( RB either ) ) ) ) )

Mr. Rockefeller buried beneath a 180-foot-tall granite obelisk did n't seem right for an ad either


( SINV ( S-TPC-5 ( NP-SBJ ( NP ( DT The ) ( NN oil ) ( NN magnate ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( VBD spent ) ( NP ( PRP$ his ) ( JJ later ) ( NNS years ) ) ( S ( VP ( VBG passing ) ( PRT ( RP out ) ) ( NP ( NNS dimes ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB counter ) ( NP ( PRP$ his ) ( JJ penny-pinching ) ( NN image ) ) ) ) ) ) ) ) ) ) ) ( VP ( VBZ is ) ( RB n't ) ( ADJP-PRD ( RB terribly ) ( JJ amusing ) ) ) ) ( VP ( VBZ says ) ) ( NP-SBJ ( NP ( NNP Barry ) ( NNP Olson ) ) ( NP ( NP ( JJ creative ) ( NN director ) ) ( PP-LOC ( IN at ) ( NP ( NP ( NNP Innis-Maggiore-Olson ) ) ( NP-LOC ( NP ( NNP Canton ) ) ( NP ( NNP Ohio ) ) ) ( SBAR ( WHNP-2 ( WDT which ) ) ( S ( VP ( VBZ is ) ( VP ( VBG producing ) ( NP ( DT the ) ( NNS ads ) ) ) ) ) ) ) ) ) ) )

The oil magnate who spent his later years passing out dimes to counter his penny-pinching image is n't terribly amusing says Barry Olson creative director at Innis-Maggiore-Olson Canton Ohio which is producing the ads


( S ( S-TPC-2 ( CC But ) ( NP-SBJ ( EX there ) ) ( VP ( VBP are ) ( NP-PRD ( NP ( RB plenty ) ) ( PP ( IN of ) ( NP ( NP ( JJ other ) ( JJ promising ) ( NNS prospects ) ) ) ) ) ( PP-LOC ( IN at ) ( NP ( NNP Lake ) ( NNP View ) ) ) ) ) ( NP-SBJ ( NNS promoters ) ) ( VP ( VBP believe ) ( NP-3 ( NP ( NP ( NNP Ernest ) ( NNP Ball ) ) ( PP ( IN for ) ( NP ( NN instance ) ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( VBD wrote ) ( SBAR-TTL ( WHADVP-4 ( WRB When ) ) ( S ( NP-SBJ ( JJ Irish ) ( NNS Eyes ) ) ( VP ( VBP are ) ( VP ( VBG Smiling ) ) ) ) ) ) ) ) ) ( CC and ) ( NP ( NP ( NNP Garrett ) ( NNP Morgan ) ) ( NP ( NP ( DT the ) ( NN inventor ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( NN gas ) ( NN mask ) ) ( CC and ) ( NP ( DT the ) ( JJ tri-colored ) ( NN traffic ) ( NN light ) ) ) ) ) ) ) ) )

But there are plenty of other promising prospects at Lake View promoters believe Ernest Ball for instance who wrote When Irish Eyes are Smiling and Garrett Morgan the inventor of the gas mask and the tri-colored traffic light


( S ( NP-SBJ-1 ( NNPS Citizens ) ( NNP First ) ( NNP Bancorp ) ( NNP Inc. ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBD agreed ) ( S ( VP ( TO to ) ( VP ( VB buy ) ( NP ( NP ( NNP Lakeland ) ( NNP First ) ( NNP Financial ) ( NNP Group ) ( NNP Inc. ) ) ( NP ( DT a ) ( NP ( NP ( NNP Succasunna ) ) ( NP ( NNP N.J. ) ) ) ( NN bank ) ( VBG holding ) ( NN company ) ) ) ( PP-CLR ( IN for ) ( NP ( NP ( QP ( IN about ) ( CD 50.6 ) ( CD million ) ) ) ( PP ( IN in ) ( NP ( NN cash ) ( CC and ) ( NN stock ) ) ) ) ) ) ) ) ) ) ) ) )

Citizens First Bancorp Inc. said it agreed to buy Lakeland First Financial Group Inc. a Succasunna N.J. bank holding company for about 50.6 million in cash and stock


( S ( NP-SBJ ( NP ( NNPS Citizens ) ( NNP First ) ) ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( VP ( VP ( VBZ controls ) ( NP ( NNPS Citizens ) ( NNP First ) ( NNP National ) ( NNP Bank ) ) ) ( CC and ) ( VP ( VBZ is ) ( VP ( VBN based ) ( PP-LOC ( IN in ) ( NP ( NP ( NNP Glen ) ( NNP Rock ) ) ( NP ( NNP N.J. ) ) ) ) ) ) ) ) ) ) ( VP ( MD will ) ( VP ( VP ( VB pay ) ( NP-2 ( NP ( DT a ) ( NN maximum ) ) ( PP ( IN of ) ( NP ( CD 40 ) ( NN % ) ) ) ) ( PP-MNR-3 ( IN in ) ( NP ( NN cash ) ) ) ( PP-CLR ( IN for ) ( NP ( NP ( DT the ) ( NN parent ) ) ( PP ( IN of ) ( NP ( NNP Lakeland ) ( NNP Savings ) ( NNP Bank ) ) ) ) ) ) ( VP ( CC and ) ( NP=2 ( DT the ) ( NN remainder ) ) ( PP-MNR=3 ( IN in ) ( NP ( NP ( JJ convertible ) ( VBN preferred ) ( NN stock ) ) ( PP ( IN with ) ( NP ( NP ( DT a ) ( NN liquidation ) ( NN value ) ) ( PP ( IN of ) ( NP ( NP ( CD 18 ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ) ) ) ) ) ) ) )

Citizens First which controls Citizens First National Bank and is based in Glen Rock N.J. will pay a maximum of 40 % in cash for the parent of Lakeland Savings Bank and the remainder in convertible preferred stock with a liquidation value of 18 a share


( S ( NP-SBJ ( NNP Lakeland ) ( NNS holders ) ) ( VP ( MD will ) ( VP ( VB have ) ( NP ( DT the ) ( NN option ) ( S ( VP ( TO to ) ( VP ( NN request ) ( NP ( DT either ) ( NN stock ) ( CC or ) ( NN cash ) ) ) ) ) ) ) ) )

Lakeland holders will have the option to request either stock or cash


( S ( NP-SBJ ( DT The ) ( NN convertible ) ( VBN preferred ) ) ( VP ( MD will ) ( VP ( VP ( VB pay ) ( NP ( NNS dividends ) ) ( PP-CLR ( IN at ) ( NP ( CD 7.875 ) ( NN % ) ) ) ) ( CC and ) ( VP ( VB be ) ( ADJP-PRD ( JJ convertible ) ( PP ( IN into ) ( NP ( NP ( NNS shares ) ) ( PP ( IN of ) ( NP ( NNPS Citizens ) ( NNP First ) ) ) ) ) ( PP ( IN at ) ( NP ( NP ( DT a ) ( NN rate ) ) ( ADJP ( JJ equal ) ( PP ( TO to ) ( NP ( NP ( CD 20 ) ( NN % ) ) ( PP-LOC ( IN above ) ( NP ( NP ( DT the ) ( NN average ) ( VBG closing ) ( NN price ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN stock ) ) ) ( PP-TMP ( IN during ) ( NP ( NP ( DT a ) ( JJ 20-day ) ( NN period ) ) ( PP-TMP ( ADVP ( RB prior ) ) ( TO to ) ( NP ( NP ( DT the ) ( NN transaction ) ( POS 's ) ) ( NN completion ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

The convertible preferred will pay dividends at 7.875 % and be convertible into shares of Citizens First at a rate equal to 20 % above the average closing price of the stock during a 20-day period prior to the transaction 's completion


( S ( NP-SBJ ( DT The ) ( NN deal ) ) ( VP ( VBZ requires ) ( NP ( UCP ( JJ regulatory ) ( CC and ) ( NN shareholder ) ) ( NN approval ) ) ) )

The deal requires regulatory and shareholder approval


( S ( NP-SBJ-1 ( NNP Asarco ) ( NNP Inc. ) ) ( S-ADV ( VP ( VBG continuing ) ( NP ( PRP$ its ) ( NN effort ) ( S ( VP ( TO to ) ( VP ( VB refocus ) ( NP ( PRP$ its ) ( NN business ) ) ) ) ) ) ) ) ( VP ( VP ( VBD ended ) ( NP ( NP ( PRP$ its ) ( NN involvement ) ) ( PP-LOC ( IN in ) ( NP ( NN asbestos ) ( NN mining ) ) ) ) ( PP-TMP ( IN in ) ( NP ( DT the ) ( JJ third ) ( NN quarter ) ) ) ) ( CC and ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ-2 ( PRP it ) ) ( VP ( MD would ) ( VP ( VB stop ) ( S ( VP ( VBG mining ) ( CC and ) ( VBG selling ) ( NP ( NN coal ) ) ) ) ( PP-TMP ( IN by ) ( NP ( NN year ) ( NN end ) ) ) ) ) ) ) ) ) )

Asarco Inc. continuing its effort to refocus its business ended its involvement in asbestos mining in the third quarter and said it would stop mining and selling coal by year end


( S ( NP-SBJ ( DT The ) ( NN mining ) ( NN metal ) ( CC and ) ( NN specialty-chemical ) ( NN concern ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( NP ( VBN combined ) ( NN revenue ) ) ( PP ( IN for ) ( NP ( NN asbestos ) ( CC and ) ( NN coal ) ) ) ) ( VP ( VBD was ) ( NP-PRD ( NP ( QP ( IN about ) ( CD 40 ) ( CD million ) ) ) ( PP ( IN of ) ( NP ( NP ( NP ( DT the ) ( NN company ) ( POS 's ) ) ( JJ total ) ( NN revenue ) ) ( PP-TMP ( IN in ) ( NP ( CD 1988 ) ) ) ( PP ( IN of ) ( NP ( QP ( CD 1.98 ) ( CD billion ) ) ) ) ) ) ) ) ) ) ) )

The mining metal and specialty-chemical concern said combined revenue for asbestos and coal was about 40 million of the company 's total revenue in 1988 of 1.98 billion


( S ( NP-SBJ ( NP ( NNP Richard ) ( NNP de ) ( NNP J. ) ( NNP Osborne ) ) ( NP ( NP ( NN chairman ) ) ( NP ( NN president ) ) ( CC and ) ( NP ( NN chief ) ( NN executive ) ( NN officer ) ) ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( NP ( DT the ) ( NN company ) ( POS 's ) ) ( NNS decisions ) ( S ( VP ( TO to ) ( VP ( VB get ) ( PP-CLR ( IN out ) ( PP ( IN of ) ( NP ( NP ( NN asbestos ) ) ( CC and ) ( NP ( JJ high-sulfur ) ( NN coal ) ) ) ) ) ) ) ) ) ( VP ( VBP continue ) ( NP ( NP ( DT the ) ( NN process ) ) ( PP ( IN of ) ( S-NOM ( VP ( VP ( VBG simplifying ) ) ( CC and ) ( VP ( VBG focusing ) ( NP ( DT the ) ( NN company ) ) ( PP-LOC ( IN in ) ( NP ( NP ( NNS areas ) ) ( PP ( IN with ) ( NP ( DT a ) ( JJR better ) ( NN future ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Richard de J. Osborne chairman president and chief executive officer said the company 's decisions to get out of asbestos and high-sulfur coal continue the process of simplifying and focusing the company in areas with a better future


( S ( NP-SBJ ( NNP Asarco ) ) ( ADVP ( RB also ) ) ( VP ( VBD reported ) ( SBAR ( S ( NP-SBJ ( JJ third-quarter ) ( JJ net ) ( NN income ) ) ( VP ( VBD rose ) ( NP-EXT ( CD 14 ) ( NN % ) ) ( PP-DIR ( TO to ) ( NP ( NP ( QP ( CD 52.7 ) ( CD million ) ) ) ( CC or ) ( NP ( NP ( CD 1.25 ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ) ( PP-DIR ( IN from ) ( NP ( NP ( DT a ) ( VBN restated ) ( QP ( CD 46.2 ) ( CD million ) ) ) ( CC or ) ( NP ( NP ( CD 1.10 ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ( ADVP-TMP ( NP ( DT a ) ( NN year ) ) ( RBR earlier ) ) ) ) ) ) ) )

Asarco also reported third-quarter net income rose 14 % to 52.7 million or 1.25 a share from a restated 46.2 million or 1.10 a share a year earlier


( S ( NP-SBJ ( NNP Asarco ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( DT the ) ( NN gain ) ) ( VP ( VBD reflected ) ( NP ( NP ( NP ( VBN continued ) ( NN strength ) ) ( PP-LOC ( IN in ) ( NP ( NP ( NNS prices ) ) ( PP ( IN for ) ( NP ( VBN refined ) ( NN copper ) ( NN lead ) ( CC and ) ( NN zinc ) ) ) ) ) ) ( CC and ) ( NP ( NP ( JJR higher ) ( NN equity ) ( NNS earnings ) ) ( PP-LOC ( IN in ) ( NP ( NP ( NNP Mexico ) ( NNP Desarrollo ) ( NNP Industrial ) ( NNP Minero ) ( NNP S.A. ) ) ( NP ( NP ( DT a ) ( JJ Mexican ) ( NN mining ) ( NN company ) ) ( SBAR ( WHPP-1 ( IN in ) ( WHNP ( WDT which ) ) ) ( S ( NP-SBJ ( NNP Asarco ) ) ( VP ( VBZ has ) ( NP ( DT a ) ( ADJP ( CD 34 ) ( NN % ) ) ( NN stake ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Asarco said the gain reflected continued strength in prices for refined copper lead and zinc and higher equity earnings in Mexico Desarrollo Industrial Minero S.A. a Mexican mining company in which Asarco has a 34 % stake


( S ( NP-SBJ-1 ( DT The ) ( CD 1988 ) ( NNS results ) ) ( VP ( VBD were ) ( VP ( VBN restated ) ( PP ( IN for ) ( NP ( JJ accounting-rules ) ( NNS changes ) ) ) ) ) )

The 1988 results were restated for accounting-rules changes


( S ( NP-SBJ ( NNS Sales ) ) ( VP ( VBD rose ) ( NP-EXT ( CD 4.5 ) ( NN % ) ) ( PP-DIR ( TO to ) ( NP ( QP ( CD 522.3 ) ( CD million ) ) ) ) ( PP-DIR ( IN from ) ( NP ( QP ( CD 499.4 ) ( CD million ) ) ) ) ) )

Sales rose 4.5 % to 522.3 million from 499.4 million


( S ( PP-TMP ( IN In ) ( NP ( NNP August ) ) ) ( NP-SBJ ( NNP Asarco ) ) ( PP-MNR ( IN through ) ( NP ( PRP$ its ) ( NNP Lac ) ( NNP d'Amiante ) ( NNP du ) ( NNP Quebec ) ( NN subsidiary ) ) ) ( VP ( VBD sold ) ( NP ( NP ( PRP$ its ) ( VBG remaining ) ( JJ one-third ) ( NN interest ) ) ( PP-LOC ( IN in ) ( NP ( NP ( DT an ) ( NN asbestos ) ( NN mining ) ( VBN limited ) ( NN partnership ) ) ( PP-LOC ( IN in ) ( NP ( NNP Canada ) ) ) ) ) ) ( PP-CLR ( IN for ) ( NP ( QP ( CD 11.7 ) ( CD million ) ) ) ) ) )

In August Asarco through its Lac d'Amiante du Quebec subsidiary sold its remaining one-third interest in an asbestos mining limited partnership in Canada for 11.7 million


( S ( NP-SBJ ( NNP Asarco ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ-2 ( PRP it ) ) ( VP ( VP ( VBZ plans ) ( S ( VP ( TO to ) ( VP ( VP ( VB shut ) ( PRT ( RP down ) ) ) ( CC or ) ( VP ( VB sell ) ) ( NP-1 ( PRP$ its ) ( NNP Rapatee ) ( NN coal ) ( NN mine ) ) ) ) ) ) ( CC and ) ( VP ( MD will ) ( VP ( VB end ) ( NP ( NP ( PRP$ its ) ( NN involvement ) ) ( PP-LOC ( IN in ) ( NP ( JJ southern ) ( NNP Illinois ) ( NN strip ) ( NN mining ) ) ) ) ) ) ) ) ) ) )

Asarco said it plans to shut down or sell its Rapatee coal mine and will end its involvement in southern Illinois strip mining


( S ( NP-SBJ ( DT The ) ( NN company ) ) ( VP ( VBD said ) ( SBAR ( SBAR ( IN that ) ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBZ is ) ( VP ( VBG discussing ) ( NP ( NP ( DT a ) ( NN management-employee ) ( NN buy-out ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN facility ) ) ) ) ) ) ) ) ( CC but ) ( SBAR ( IN that ) ( S ( NP-SBJ-1 ( PRP it ) ) ( VP ( MD would ) ( VP ( VB stop ) ( S ( VP ( VBG mining ) ( CC and ) ( VBG selling ) ( NP ( NN coal ) ) ) ) ( PP-TMP ( IN at ) ( NP ( NP ( NN year ) ( NN end ) ) ( SBAR ( WHADVP ( WRB when ) ) ( S ( NP-SBJ ( VBG existing ) ( NNS sales ) ( NNS contracts ) ) ( VP ( VBP expire ) ) ) ) ) ) ( ADVP ( RB regardless ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( NN outcome ) ) ( PP ( IN of ) ( NP ( DT those ) ( NNS talks ) ) ) ) ) ) ) ) ) ) ) ) )

The company said that it is discussing a management-employee buy-out of the facility but that it would stop mining and selling coal at year end when existing sales contracts expire regardless of the outcome of those talks


( S ( PP-LOC ( IN In ) ( NP ( NNP New ) ( NNP York ) ( NNP Stock ) ( NNP Exchange ) ( JJ composite ) ( NN trading ) ) ) ( NP-SBJ-1 ( NNP Asarco ) ) ( VP ( VBD fell ) ( NP-EXT ( CD 1.375 ) ) ( S-CLR ( VP ( TO to ) ( VP ( VB close ) ( PP-CLR ( IN at ) ( NP ( CD 31.75 ) ) ) ) ) ) ) )

In New York Stock Exchange composite trading Asarco fell 1.375 to close at 31.75


( S ( NP-SBJ ( DT The ) ( JJ Philippine ) ( NN merchandise ) ( NN trade ) ( NN deficit ) ) ( VP ( VBD widened ) ( PP-DIR ( TO to ) ( NP ( QP ( CD 1.71 ) ( CD billion ) ) ) ( PP-TMP ( IN during ) ( NP ( NP ( DT the ) ( JJ first ) ( CD eight ) ( NNS months ) ) ( PP ( IN of ) ( NP ( CD 1989 ) ) ) ) ) ) ( PP-DIR ( IN from ) ( NP ( QP ( CD 807 ) ( CD million ) ) ) ( ADVP-TMP ( NP ( DT a ) ( NN year ) ) ( RBR earlier ) ) ) ) )

The Philippine merchandise trade deficit widened to 1.71 billion during the first eight months of 1989 from 807 million a year earlier


( S ( S-TPC-2 ( NP-SBJ-1 ( NNS Imports ) ) ( VP ( VBD continued ) ( S ( VP ( TO to ) ( VP ( VB outpace ) ( NP ( JJ Philippine ) ( NNS exports ) ) ) ) ) ( PP ( IN despite ) ( NP ( NP ( NNS gains ) ) ( PP-LOC ( IN in ) ( NP ( NNS shipments ) ( RB abroad ) ) ) ) ) ) ) ( NP-SBJ ( DT the ) ( NN government ) ( NNP National ) ( NNP Statistics ) ( NNP Office ) ) ( VP ( VBD said ) ) )

Imports continued to outpace Philippine exports despite gains in shipments abroad the government National Statistics Office said


( S ( NP-SBJ ( NNS Exports ) ) ( VP ( VBD reached ) ( NP ( QP ( CD 5.12 ) ( CD billion ) ) ) ( ADVP ( IN up ) ( PP ( IN from ) ( NP ( QP ( CD 4.52 ) ( CD billion ) ) ) ( ADVP-TMP ( NP ( DT a ) ( NN year ) ) ( RBR earlier ) ) ) ) ( SBAR-TMP ( IN while ) ( S ( NP-SBJ ( NNS imports ) ) ( VP ( VBD rose ) ( PP-DIR ( TO to ) ( NP ( QP ( CD 6.81 ) ( CD billion ) ) ) ) ( PP-DIR ( IN from ) ( NP ( QP ( CD 5.33 ) ( CD billion ) ) ) ) ) ) ) ) )

Exports reached 5.12 billion up from 4.52 billion a year earlier while imports rose to 6.81 billion from 5.33 billion


( S ( NP-SBJ ( NP ( DT The ) ( NN trade ) ( NN deficit ) ) ( PP-TMP ( IN in ) ( NP ( DT the ) ( JJ first ) ( CD eight ) ( NNS months ) ) ) ) ( VP ( VBZ is ) ( ADVP ( RB already ) ) ( ADJP-PRD ( JJR wider ) ( PP ( IN than ) ( NP ( NP ( DT the ) ( NN trade ) ( NN gap ) ) ( PP ( IN of ) ( NP ( QP ( CD 1.09 ) ( CD billion ) ) ) ) ( PP-TMP ( IN for ) ( NP ( NP ( DT all ) ) ( PP ( IN of ) ( NP ( CD 1988 ) ) ) ) ) ) ) ) ) )

The trade deficit in the first eight months is already wider than the trade gap of 1.09 billion for all of 1988


( S ( NP-SBJ ( NNS Analysts ) ) ( VP ( VBP expect ) ( S ( NP-SBJ ( NP ( DT the ) ( NN trade ) ( NN gap ) ) ( PP-TMP ( IN for ) ( NP ( DT the ) ( NN year ) ) ) ) ( VP ( TO to ) ( VP ( VB surpass ) ( NP ( QP ( CD 2 ) ( CD billion ) ) ) ) ) ) ( SBAR-ADV ( IN as ) ( S ( NP-SBJ-1 ( NP ( NN demand ) ) ( PP ( IN for ) ( NP ( NP ( NN capital ) ( NN equipment ) ) ( CC and ) ( NP ( JJ raw ) ( NNS materials ) ) ) ) ) ( VP ( VBZ continues ) ( S ( VP ( TO to ) ( VP ( VB push ) ( NP ( NNS imports ) ) ( ADJP-ADV ( JJR higher ) ) ) ) ) ) ) ) ) )

Analysts expect the trade gap for the year to surpass 2 billion as demand for capital equipment and raw materials continues to push imports higher


( S ( NP-SBJ ( NNP Ramada ) ( NNP Inc. ) ) ( VP ( VP ( VBD revised ) ( NP ( NP ( DT the ) ( NNS terms ) ) ( PP ( IN of ) ( NP ( PRP$ its ) ( NN restructuring ) ) ) ) ) ( CC and ) ( VP ( VBN extended ) ( PP-TMP ( TO to ) ( NP ( NNP Feb. ) ( CD 28 ) ( CD 1990 ) ) ) ( NP ( NP ( DT the ) ( NN deadline ) ) ( SBAR ( S ( VP ( TO to ) ( VP ( VB complete ) ( NP ( NP ( DT the ) ( NN sale ) ) ( PP ( IN of ) ( NP ( PRP$ its ) ( NN hotel ) ( NN business ) ) ) ( PP ( TO to ) ( NP ( NP ( NP ( NNP New ) ( NNP World ) ( NNP Development ) ( NNP Co. ) ) ( PP ( IN of ) ( NP ( NNP Hong ) ( NNP Kong ) ) ) ) ( CC and ) ( NP ( NP ( NNP Prime ) ( NNP Motor ) ( NNPS Inns ) ( NNP Inc. ) ) ( PP ( IN of ) ( NP ( NP ( NNP Fairfield ) ) ( NP ( NNP N.J ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Ramada Inc. revised the terms of its restructuring and extended to Feb. 28 1990 the deadline to complete the sale of its hotel business to New World Development Co. of Hong Kong and Prime Motor Inns Inc. of Fairfield N.J


( S ( NP-SBJ-1 ( NP ( NNP Ramada ) ( POS 's ) ) ( JJ previous ) ( NN plan ) ) ( VP ( VBD was ) ( VP ( VBN derailed ) ( PP ( IN by ) ( NP-LGS ( NP ( NN upheaval ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( JJ junk-bond ) ( NN market ) ) ) ( SBAR ( WHNP-2 ( WDT that ) ) ( S ( VP ( VBD hindered ) ( NP ( NP ( DT the ) ( NN offering ) ) ( PP ( IN of ) ( NP ( NP ( QP ( CD 400 ) ( CD million ) ) ) ( PP ( IN in ) ( NP ( NP ( JJ high-yield ) ( NNS securities ) ) ( PP ( IN of ) ( NP ( NP ( NNP Aztar ) ( NNP Corp. ) ) ( NP ( NP ( DT the ) ( JJ new ) ( NN company ) ) ( SBAR ( WHNP-3 ( WDT that ) ) ( S ( VP ( MD will ) ( VP ( VB operate ) ( NP ( NP ( NP ( NNP Ramada ) ( POS 's ) ) ( NNS casinos ) ) ( PP-LOC ( IN in ) ( NP ( NP ( NNP Nevada ) ) ( CC and ) ( NP ( NNP Atlantic ) ( NNP City ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Ramada 's previous plan was derailed by upheaval in the junk-bond market that hindered the offering of 400 million in high-yield securities of Aztar Corp. the new company that will operate Ramada 's casinos in Nevada and Atlantic City


( S ( PP-LOC ( IN Under ) ( NP ( DT the ) ( JJ new ) ( NNS terms ) ) ) ( S ( NP-SBJ ( NNP New ) ( NNP World ) ) ( VP ( MD will ) ( ADVP ( RB still ) ) ( VP ( VB pay ) ( NP ( NP ( QP ( CD 540 ) ( CD million ) ) ) ) ( PP-CLR ( IN for ) ( NP ( NP ( NNP Ramada ) ( POS 's ) ) ( NN hotel ) ( NN business ) ) ) ( ADJP-1 ( JJ subject ) ( PP ( TO to ) ( NP ( NP ( NN adjustment ) ) ( PP-TMP ( IN at ) ( NP ( VBG closing ) ) ) ) ) ) ) ) ) ( CC but ) ( S ( NP-SBJ ( NNP Ramada ) ) ( VP ( MD will ) ( ADVP-TMP ( RB now ) ) ( VP ( VB reimburse ) ( NP ( NNP New ) ( NNP World ) ) ( PP-CLR ( IN for ) ( NP ( NP ( QP ( CD 10 ) ( CD million ) ) ) ( PP ( IN in ) ( NP ( NNS expenses ) ) ) ) ) ) ) ) )

Under the new terms New World will still pay 540 million for Ramada 's hotel business subject to adjustment at closing but Ramada will now reimburse New World for 10 million in expenses


( S ( NP-SBJ ( NNP Prime ) ) ( VP ( MD will ) ( ADVP ( RB still ) ) ( VP ( VB manage ) ( NP ( NP ( NNP Ramada ) ( POS 's ) ) ( JJ domestic ) ( NN franchise ) ( NN system ) ) ( SBAR-TMP ( WHADVP-1 ( WRB when ) ) ( S ( NP-SBJ ( DT the ) ( NN sale ) ) ( VP ( VBZ closes ) ) ) ) ) ) )

Prime will still manage Ramada 's domestic franchise system when the sale closes


( S ( NP-SBJ ( VBN Revised ) ( NNS terms ) ) ( VP ( VBP call ) ( SBAR ( IN for ) ( S ( NP-SBJ-1 ( DT each ) ( NNP Ramada ) ( JJ common ) ( NN share ) ) ( VP ( TO to ) ( VP ( VB be ) ( VP ( VBN exchanged ) ( PP-CLR ( IN for ) ( NP ( NP ( NP ( CD 1 ) ) ( PP ( IN in ) ( NP ( NN cash ) ) ) ( ADJP ( JJ subject ) ( PP ( TO to ) ( NP ( JJ possible ) ( NN reduction ) ) ) ) ) ( CC and ) ( NP ( NP ( CD one ) ( NN share ) ) ( PP ( IN of ) ( NP ( NNP Aztar ) ( JJ common ) ( NN stock ) ) ) ) ) ) ) ) ) ) ) ) )

Revised terms call for each Ramada common share to be exchanged for 1 in cash subject to possible reduction and one share of Aztar common stock


( S ( NP-SBJ ( NNS Shareholders ) ) ( VP ( MD will ) ( ADVP ( RB also ) ) ( VP ( VB receive ) ( NP ( NP ( CD one ) ( NN cent ) ) ( PP ( IN per ) ( NP ( NN share ) ) ) ) ( PP-CLR ( IN for ) ( NP ( NP ( DT the ) ( NN redemption ) ) ( PP ( IN of ) ( NP ( VBN preferred ) ( NN stock ) ( NN purchase ) ( NNS rights ) ) ) ) ) ) ) )

Shareholders will also receive one cent per share for the redemption of preferred stock purchase rights


( S ( NP-SBJ-1 ( DT The ) ( NN cash ) ( NN payout ) ) ( VP ( MD will ) ( VP ( VB be ) ( VP ( VBN reduced ) ( PP-EXT ( IN by ) ( NP ( NP ( CD 40 ) ( NN % ) ) ( PP ( IN of ) ( NP ( NP ( DT any ) ( NN amount ) ) ( SBAR ( WHPP-3 ( IN by ) ( WHNP ( WDT which ) ) ) ( S ( NP-SBJ ( NP ( DT the ) ( JJ weighted ) ( JJ mean ) ( NN price ) ) ( PP ( IN of ) ( NP ( NP ( NNP Ramada ) ( POS 's ) ) ( JJ common ) ( NN stock ) ) ) ) ( VP ( VBZ exceeds ) ( NP ( CD 14 ) ) ( PP-TMP ( IN on ) ( NP ( NP ( DT the ) ( NN day ) ) ( SBAR ( S ( NP-SBJ ( DT the ) ( NN transaction ) ) ( VP ( VBZ closes ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

The cash payout will be reduced by 40 % of any amount by which the weighted mean price of Ramada 's common stock exceeds 14 on the day the transaction closes


( S ( NP-SBJ-2 ( DT The ) ( NN provision ) ) ( VP ( MD will ) ( VP ( VB help ) ( S ( VP ( VB provide ) ( PP-CLR ( IN for ) ( NP ( NP ( NN tax ) ( NNS liabilities ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( MD may ) ( VP ( VB stem ) ( PP-CLR ( IN from ) ( NP ( DT the ) ( NN restructuring ) ) ) ) ) ) ) ) ) ) ) ) ) )

The provision will help provide for tax liabilities that may stem from the restructuring


( S ( NP-SBJ-1 ( NP ( NNP Ramada ) ( POS 's ) ) ( NN stock ) ) ( VP ( VBD rose ) ( NP-EXT ( CD 87.5 ) ( NNS cents ) ) ( PP-PRP ( IN on ) ( NP ( DT the ) ( NN news ) ) ) ( S-CLR ( VP ( TO to ) ( VP ( VB close ) ( PP-CLR ( IN at ) ( NP ( CD 11.25 ) ) ) ) ) ) ( PP-LOC ( IN in ) ( NP ( JJ composite ) ( NNP New ) ( NNP York ) ( NNP Stock ) ( NNP Exchange ) ( NN trading ) ) ) ) )

Ramada 's stock rose 87.5 cents on the news to close at 11.25 in composite New York Stock Exchange trading


( S ( NP-SBJ ( DT The ) ( NN announcement ) ) ( VP ( VBD dispelled ) ( NP ( NP ( DT some ) ( NNP Wall ) ( NNP Street ) ( NNS observers ) ( POS ' ) ) ( NNS fears ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NNP New ) ( NNP World ) ) ( VP ( MD might ) ( VP ( VP ( VB demand ) ( NP ( NP ( DT a ) ( JJ huge ) ( NN premium ) ) ( PP ( IN for ) ( NP ( DT the ) ( NN delay ) ) ) ) ) ( CC or ) ( VP ( VB scrap ) ( NP ( DT the ) ( NN deal ) ) ( ADVP ( RB entirely ) ) ) ) ) ) ) ) ) )

The announcement dispelled some Wall Street observers ' fears that New World might demand a huge premium for the delay or scrap the deal entirely


( S ( NP-SBJ ( NP ( DT The ) ( JJ previous ) ( NN deadline ) ) ( SBAR ( S ( VP ( TO to ) ( VP ( VB complete ) ( NP ( DT the ) ( NN sale ) ) ) ) ) ) ) ( VP ( VBD was ) ( NP-TMP-PRD ( NNP Nov. ) ( CD 30 ) ) ) )

The previous deadline to complete the sale was Nov. 30


( S ( NP-SBJ ( NP ( CD One ) ( JJ major ) ( NN advantage ) ) ( PP ( IN of ) ( NP ( DT the ) ( VBN revised ) ( NN plan ) ) ) ) ( VP ( VBZ is ) ( SBAR-PRD ( IN that ) ( S ( NP-SBJ ( NNP Aztar ) ) ( VP ( MD will ) ( VP ( VB have ) ( NP ( NP ( ADJP ( RB far ) ( JJR less ) ) ( NN debt ) ) ( PP ( IN than ) ( PP ( IN under ) ( NP ( DT the ) ( JJ old ) ( NNS terms ) ) ) ) ) ) ) ) ) ) )

One major advantage of the revised plan is that Aztar will have far less debt than under the old terms


( SINV ( S-TPC-3 ( NP-SBJ-1 ( PRP They ) ) ( VP ( MD 'll ) ( VP ( VB go ) ( PP-DIR ( IN from ) ( S-NOM ( VP ( VBG being ) ( NP-PRD ( NP ( CD one ) ) ( PP ( IN of ) ( NP ( DT the ) ( ADJP ( RBS most ) ( JJ leveraged ) ) ) ) ) ) ) ) ( PP-DIR ( TO to ) ( NP ( NP ( CD one ) ) ( PP ( IN of ) ( NP ( DT the ) ( ADJP ( RBS least ) ( JJ leveraged ) ) ) ) ) ) ( NP-2 ( NN casino ) ( NNS companies ) ) ) ) ) ( VP ( VBD said ) ) ( NP-SBJ ( NP ( NNP Daniel ) ( NNP Lee ) ) ( NP ( NP ( DT an ) ( NN analyst ) ) ( PP ( IN with ) ( NP ( NNP Drexel ) ( NNP Burnham ) ( NNP Lambert ) ( NNP Inc ) ) ) ) ) )

They 'll go from being one of the most leveraged to one of the least leveraged casino companies said Daniel Lee an analyst with Drexel Burnham Lambert Inc


( S ( NP-SBJ ( NNP Mr. ) ( NNP Lee ) ) ( VP ( VBZ values ) ( NP ( DT the ) ( NN package ) ) ( PP-CLR ( IN at ) ( NP ( NP ( NP ( QP ( IN between ) ( CD 15 ) ( CC and ) ( CD 20 ) ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ( VP ( VBN based ) ( PP-CLR ( IN on ) ( NP ( NP ( JJ current ) ( NN trading ) ( NNS prices ) ) ( PP ( IN of ) ( NP ( JJ other ) ( NN casino-company ) ( NNS stocks ) ) ) ) ) ) ) ) ) )

Mr. Lee values the package at between 15 and 20 a share based on current trading prices of other casino-company stocks


( S ( NP-SBJ-1 ( NP ( DT The ) ( JJ much-revised ) ( NN restructuring ) ) ( SBAR ( WHNP-3 ( WDT which ) ) ( S ( VP ( VBD was ) ( VP ( ADVP-TMP ( RB first ) ) ( VBN announced ) ( PP-TMP ( IN in ) ( NP ( NNP October ) ( CD 1988 ) ) ) ) ) ) ) ) ( VP ( MD must ) ( ADVP ( RB again ) ) ( VP ( VB be ) ( VP ( VBN approved ) ( PP ( IN by ) ( NP-LGS ( NP ( NNS shareholders ) ) ( CC and ) ( NP ( NP ( NN state ) ( NN casino ) ( NNS regulators ) ) ( PP-LOC ( IN in ) ( NP ( NP ( NNP Nevada ) ) ( CC and ) ( NP ( NNP New ) ( NNP Jersey ) ) ) ) ) ) ) ) ) ) )

The much-revised restructuring which was first announced in October 1988 must again be approved by shareholders and state casino regulators in Nevada and New Jersey


( S ( NP-SBJ ( NN Financing ) ( NNS plans ) ) ( VP ( VBP include ) ( S ( VP ( VBG raising ) ( NP ( NP ( QP ( CD 170 ) ( CD million ) ) ) ( PP ( IN in ) ( NP ( NN debt ) ) ) ( VP ( VBN secured ) ( PP ( IN by ) ( NP-LGS ( NP ( NP ( DT the ) ( NN company ) ( POS 's ) ) ( NNS holdings ) ) ( PP-LOC ( IN in ) ( NP ( NNP New ) ( NNP Jersey ) ) ) ) ) ) ) ) ) ) )

Financing plans include raising 170 million in debt secured by the company 's holdings in New Jersey


( S ( PP-TMP ( IN In ) ( NP ( NNP May ) ) ) ( NP-SBJ ( NNP Ramada ) ) ( VP ( VBD sold ) ( NP ( PRP$ its ) ( NNP Marie ) ( NNP Callender ) ( NNP Pie ) ( NNPS Shops ) ( NNP Inc. ) ( NN unit ) ) ( PP-DTV ( TO to ) ( NP ( NP ( DT a ) ( NN group ) ) ( PP ( IN of ) ( NP ( JJ private ) ( NNS investors ) ) ) ) ) ( PP-CLR ( IN as ) ( NP ( NP ( NN part ) ) ( PP ( IN of ) ( NP ( PRP$ its ) ( NN plan ) ( S ( VP ( TO to ) ( VP ( VB focus ) ( PP-CLR ( IN on ) ( NP ( NP ( PRP$ its ) ( NNS casinos ) ) ( PP-LOC ( PP ( IN in ) ( NP ( NNP Atlantic ) ( NNP City ) ) ) ( CC and ) ( PP ( IN in ) ( NP ( NP ( NP ( NNP Las ) ( NNP Vegas ) ) ( CC and ) ( NP ( NNP Laughlin ) ) ) ( NP ( NNP Nev ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

In May Ramada sold its Marie Callender Pie Shops Inc. unit to a group of private investors as part of its plan to focus on its casinos in Atlantic City and in Las Vegas and Laughlin Nev


( S ( NP-SBJ ( NNP Computer ) ( NNPS Associates ) ( NNP International ) ( NNP Inc. ) ) ( VP ( VBD reported ) ( SBAR ( S ( NP-SBJ ( NP ( NNS earnings ) ) ( PP ( IN for ) ( NP ( NP ( DT the ) ( JJ second ) ( NN quarter ) ) ( VP ( VBD ended ) ( NP-TMP ( NNP Sept. ) ( CD 30 ) ) ) ) ) ) ( VP ( VBD plummeted ) ( NP-EXT ( CD 66 ) ( NN % ) ) ( PP-PRP ( ADVP ( RB primarily ) ) ( IN because ) ( IN of ) ( NP ( NP ( DT the ) ( NN acquisition ) ) ( PP ( IN of ) ( NP ( NNP Cullinet ) ( NNP Software ) ( NNP Inc ) ) ) ) ) ) ) ) ) )

Computer Associates International Inc. reported earnings for the second quarter ended Sept. 30 plummeted 66 % primarily because of the acquisition of Cullinet Software Inc


( S ( NP-SBJ ( NP ( DT The ) ( NN nation ) ( POS 's ) ) ( JJS largest ) ( NN software ) ( NN company ) ) ( VP ( VBD earned ) ( NP ( NP ( QP ( CD 9.6 ) ( CD million ) ) ) ( CC or ) ( NP ( NP ( CD five ) ( NNS cents ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ( PP ( VBN compared ) ( PP ( IN with ) ( NP ( NP ( QP ( CD 28 ) ( CD million ) ) ) ( CC or ) ( NP ( NP ( CD 16 ) ( NNS cents ) ) ( NP-ADV ( DT a ) ( NN share ) ) ( ADVP-TMP ( NP ( DT a ) ( NN year ) ) ( RBR earlier ) ) ) ) ) ) ) )

The nation 's largest software company earned 9.6 million or five cents a share compared with 28 million or 16 cents a share a year earlier


( S ( NP-SBJ ( NN Revenue ) ) ( VP ( VBD rose ) ( NP-EXT ( CD 5 ) ( NN % ) ) ( PP-DIR ( TO to ) ( NP ( QP ( CD 282 ) ( CD million ) ) ) ) ( PP-DIR ( IN from ) ( NP ( QP ( CD 268.3 ) ( CD million ) ) ) ) ) )

Revenue rose 5 % to 282 million from 268.3 million


( S ( S ( NP-SBJ-1 ( NP ( DT The ) ( NN drop ) ) ( PP ( IN in ) ( NP ( NNS earnings ) ) ) ) ( VP ( VBD had ) ( VP ( VBN been ) ( VP ( VBN anticipated ) ( PP ( IN by ) ( NP-LGS ( JJS most ) ( NNP Wall ) ( NNP Street ) ( NNS analysts ) ) ) ) ) ) ) ( CC but ) ( S ( NP-SBJ-2 ( DT the ) ( NNS results ) ) ( VP ( VBD were ) ( VP ( VBN reported ) ( SBAR-TMP ( IN after ) ( S ( NP-SBJ ( DT the ) ( NN market ) ) ( VP ( VBD closed ) ) ) ) ) ) ) )

The drop in earnings had been anticipated by most Wall Street analysts but the results were reported after the market closed


( S ( NP-SBJ ( NNP Computer ) ( NNPS Associates ) ) ( VP ( VBD closed ) ( PP-CLR ( IN at ) ( NP ( CD 13.625 ) ) ) ( ADVP ( IN down ) ( NP ( CD 25 ) ( NNS cents ) ) ) ( PP-LOC ( IN in ) ( NP ( NP ( JJ composite ) ( NN trading ) ) ( PP-LOC ( IN on ) ( NP ( DT the ) ( NNP New ) ( NNP York ) ( NNP Stock ) ( NNP Exchange ) ) ) ) ) ) )

Computer Associates closed at 13.625 down 25 cents in composite trading on the New York Stock Exchange


( S ( NP-SBJ ( NP ( NNP Anthony ) ( NNP Wang ) ) ( NP ( NN president ) ) ) ( VP ( VBD attributed ) ( NP ( DT the ) ( NN drop ) ) ( PP-CLR ( TO to ) ( NP ( NP ( DT the ) ( NN disruption ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( NN company ) ( POS 's ) ) ( NN business ) ) ) ( VP ( VBG resulting ) ( PP-CLR ( IN from ) ( NP ( NP ( DT the ) ( VBN prolonged ) ( NN process ) ) ( PP ( IN of ) ( S-NOM ( VP ( VBG acquiring ) ( NP ( NNP Cullinet ) ) ) ) ) ) ) ) ) ) ) )

Anthony Wang president attributed the drop to the disruption of the company 's business resulting from the prolonged process of acquiring Cullinet


( S ( NP-SBJ-1 ( DT The ) ( NN acquisition ) ) ( VP ( VBD was ) ( VP ( VBN completed ) ( PP-TMP ( IN in ) ( NP ( NNP September ) ) ) ) ) )

The acquisition was completed in September


( S ( PP-TMP ( IN In ) ( NP ( NNP August ) ) ) ( S ( NP-SBJ ( DT the ) ( NN company ) ) ( VP ( VBD warned ) ( NP ( NNS investors ) ) ( SBAR ( IN that ) ( S ( NP-SBJ-1 ( DT the ) ( NN acquisition ) ) ( VP ( VBD was ) ( VP ( VBG being ) ( VP ( VBN delayed ) ) ) ) ) ) ) ) ( CC and ) ( S ( NP-SBJ ( JJ many ) ( NNS customers ) ) ( VP ( VBD were ) ( VP ( VBG holding ) ( PRT ( RP off ) ) ( PP-CLR ( IN on ) ( NP ( NN purchase ) ( NNS decisions ) ) ) ( SBAR-TMP ( IN until ) ( S ( NP-SBJ-2 ( DT the ) ( NN takeover ) ) ( VP ( VBD was ) ( VP ( VBN completed ) ) ) ) ) ) ) ) )

In August the company warned investors that the acquisition was being delayed and many customers were holding off on purchase decisions until the takeover was completed


( S ( NP-SBJ ( DT The ) ( NNS delays ) ) ( VP ( ADVP ( RB mainly ) ) ( VBD affected ) ( NP ( NP ( NNS sales ) ) ( PP ( IN of ) ( NP ( NP ( NN data ) ( NN base ) ( NN management ) ( NNS products ) ) ( NP ( NP ( DT a ) ( NN core ) ( NN area ) ) ( PP ( IN for ) ( NP ( DT both ) ( NP ( NNP Computer ) ( NNPS Associates ) ) ( CC and ) ( NP ( NNP Cullinet ) ) ) ) ) ) ) ( ADVP ( RB as ) ( RB well ) ( PP ( IN as ) ( NP ( NP ( NNS sales ) ) ( PP ( IN of ) ( NP ( JJ other ) ( NNS products ) ) ) ( PP ( IN as ) ( NP ( NP ( NN part ) ) ( PP ( IN of ) ( NP ( NN package ) ( NNS sales ) ) ) ) ) ) ) ) ) ) )

The delays mainly affected sales of data base management products a core area for both Computer Associates and Cullinet as well as sales of other products as part of package sales


( S ( NP-SBJ ( NP ( PRP$ Your ) ( NAC-TMP ( NNP Sept. ) ( CD 26 ) ) ( NP ( NNPS Politics ) ( CC & ) ( NNP Policy ) ) ( NN article ) ) ( PP ( IN about ) ( NP ( NP ( NP ( NNP William ) ( NNP Bennett ) ( POS 's ) ) ( NNP Emergency ) ( NNP Drug ) ( NNP Plan ) ) ( PP ( IN for ) ( NP ( NNP Washington ) ) ) ) ) ) ( VP ( VBZ gives ) ( NP ( DT the ) ( NN impression ) ( SBAR ( IN that ) ( S ( NP-SBJ ( DT the ) ( NNP FBI ) ) ( VP ( VP ( VBZ has ) ( RB not ) ( VP ( VBN been ) ) ) ( CC nor ) ( VP ( VBZ is ) ) ( ADJP-PRD-2 ( RB actively ) ( VBN involved ) ) ) ) ) ) ) )

Your Sept. 26 Politics & Policy article about William Bennett 's Emergency Drug Plan for Washington gives the impression that the FBI has not been nor is actively involved


( S ( NP-SBJ ( DT This ) ) ( VP ( VBZ is ) ( RB not ) ( NP-PRD ( DT the ) ( NN case ) ) ) )

This is not the case


( S ( NP-SBJ ( DT The ) ( NNP FBI ) ) ( VP ( VBZ is ) ( UCP-PRD ( ADJP ( RB very ) ( JJ supportive ) ( PP ( IN of ) ) ) ( CC and ) ( NP ( NP ( DT an ) ( JJ active ) ( NN participant ) ) ( PP ( IN in ) ) ) ( NP-2 ( NP ( NNP Mr. ) ( NNP Bennett ) ( POS 's ) ) ( NN initiative ) ) ) ) )

The FBI is very supportive of and an active participant in Mr. Bennett 's initiative


( S ( NP-SBJ-1 ( PRP It ) ) ( VP ( VBD was ) ( VP ( VBN agreed ) ( PP-TMP ( IN at ) ( NP ( NP ( DT the ) ( NN outset ) ) ( PP ( IN of ) ( NP ( DT the ) ( NNP Washington ) ( NNP Drug ) ( NNP Initiative ) ) ) ) ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NP ( DT the ) ( NNP FBI ) ( POS 's ) ) ( NN role ) ) ( VP ( MD would ) ( VP ( VB be ) ( S-PRD ( VP ( TO to ) ( VP ( VB continue ) ( S ( VP ( VBG targeting ) ( NP ( DT the ) ( JJ major ) ( NN drug ) ( NNS traffickers ) ) ( PP-MNR ( IN through ) ( NP ( PRP$ our ) ( NNP National ) ( NNP Drug ) ( NNP Strategy ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

It was agreed at the outset of the Washington Drug Initiative that the FBI 's role would be to continue targeting the major drug traffickers through our National Drug Strategy


( S ( PP ( IN Through ) ( NP ( DT these ) ( NNS investigations ) ) ) ( NP-SBJ ( PRP we ) ) ( VP ( VBP do ) ( RB not ) ( VP ( VB focus ) ( PP-CLR ( IN on ) ( NP ( DT the ) ( NN street ) ( NN drug ) ( NN user ) ) ) ) ) ( CC but ) ( ADVP ( RB rather ) ) ( S ( NP-SBJ ( PRP we ) ) ( VP ( VBP target ) ( CC and ) ( VBP attack ) ( NP ( NP ( JJ major ) ( JJ drug-trafficking ) ( NNS organizations ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( VBP control ) ( NP ( NP ( DT a ) ( JJ large ) ( NN segment ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN drug ) ( NN market ) ) ) ) ) ) ) ) ) ) )

Through these investigations we do not focus on the street drug user but rather we target and attack major drug-trafficking organizations that control a large segment of the drug market


( S ( NP-SBJ-1 ( NP ( DT The ) ( NN trial ) ) ( PP ( IN of ) ( NP ( NNP Raful ) ( NNP Edmond ) ( NNP III ) ) ) ( PP-LOC ( IN in ) ( NP ( NNP Washington ) ) ) ) ( VP ( VBZ serves ) ( S ( VP ( TO to ) ( VP ( VB highlight ) ( NP ( NP ( NP ( PRP$ our ) ( NNS efforts ) ) ( PP-LOC ( IN in ) ( NP ( DT this ) ( NN area ) ) ) ) ( CC and ) ( NP ( NP ( DT the ) ( NNS results ) ) ( VP ( VBN achieved ) ( PP-MNR ( IN through ) ( NP ( NP ( PRP$ our ) ( JJ excellent ) ( VBG working ) ( NN relationship ) ) ( PP ( IN with ) ( NP ( NP ( DT the ) ( NNP Drug ) ( NNP Enforcement ) ( NNP Administration ) ) ( CC and ) ( NP ( NP ( DT the ) ( NNP Metropolitan ) ( NNP Police ) ( NNP Department ) ) ( PRN ( NP ( NNP MPD ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

The trial of Raful Edmond III in Washington serves to highlight our efforts in this area and the results achieved through our excellent working relationship with the Drug Enforcement Administration and the Metropolitan Police Department MPD


( S ( NP-SBJ ( NP ( DT The ) ( NNP FBI ) ( POS 's ) ) ( NN role ) ) ( VP ( VBZ is ) ( S-PRD ( VP ( TO to ) ( VP ( VB complement ) ( NP ( DT the ) ( NNP D.C. ) ( NN initiative ) ) ( PP-MNR ( PP ( IN through ) ( ADVP ( RB not ) ( RB only ) ) ( NP ( DT these ) ( JJ major ) ( NN trafficking ) ( NNS investigations ) ) ) ( CC but ) ( RB also ) ( PP ( IN by ) ( S-NOM ( VP ( VBG providing ) ( NP ( NP ( DT a ) ( JJ full ) ( NN range ) ) ( PP ( IN of ) ( NP ( NNS services ) ) ) ) ( PP-MNR ( IN through ) ( NP ( NP ( JJ various ) ( NN task ) ( NNS forces ) ) ( CC and ) ( NP ( NP ( PRP$ our ) ( NNS contacts ) ) ( PP ( IN with ) ( NP ( NP ( JJ local ) ( NN police ) ( NNS squads ) ) ( VP ( VBG handling ) ( NP ( JJ drug-related ) ( NNS crimes ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

The FBI 's role is to complement the D.C. initiative through not only these major trafficking investigations but also by providing a full range of services through various task forces and our contacts with local police squads handling drug-related crimes


( S ( PP ( IN In ) ( NP ( NN fact ) ) ) ( NP-SBJ ( PRP we ) ) ( VP ( VBP have ) ( NP ( NP ( NNS agents ) ) ( VP ( VBN assigned ) ( NP-MNR ( JJ full ) ( NN time ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB assist ) ( NP ( DT the ) ( NNP MPD ) ) ( PP-CLR ( IN in ) ( NP ( NP ( JJ drug-related ) ( NNS crimes ) ) ( PP ( JJ such ) ( IN as ) ( NP ( NP ( NN homicide ) ) ( CC and ) ( NP ( NP ( JJ other ) ( NNS crimes ) ) ( PP ( IN of ) ( NP ( NN violence ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

In fact we have agents assigned full time to assist the MPD in drug-related crimes such as homicide and other crimes of violence


( NP ( NP ( NNP Milt ) ( NNP Ahlerich ) ) ( NP ( NP ( NNP Assistant ) ( NNP Director ) ) ( NP ( NP ( NP ( NNP Office ) ) ( PP ( IN of ) ( NP ( NNP Public ) ( NNPS Affairs ) ) ) ) ( NP ( NP ( NNP Federal ) ( NNP Bureau ) ) ( PP ( IN of ) ( NP ( NNP Investigation ) ) ) ) ) ) )

Milt Ahlerich Assistant Director Office of Public Affairs Federal Bureau of Investigation


( S ( NP-SBJ ( NN Magazine ) ( NNS publishers ) ) ( VP ( VBP are ) ( VP ( VBG facing ) ( NP ( NP ( VBG spiraling ) ( NNS costs ) ) ( CC and ) ( NP ( NP ( DT a ) ( NN glut ) ) ( PP ( IN of ) ( NP ( JJ new ) ( NNS titles ) ) ) ) ) ) ) )

Magazine publishers are facing spiraling costs and a glut of new titles


( S ( CC But ) ( NP-SBJ ( NP ( RB even ) ( DT a ) ( NN raft ) ) ( PP ( IN of ) ( NP ( JJ recent ) ( NNS failures ) ) ) ) ( VP ( VBZ is ) ( RB n't ) ( VP ( VBG stopping ) ( NP-1 ( PRP them ) ) ( PP ( IN from ) ( S-NOM ( VP ( VBG launching ) ( NP ( JJ new ) ( NNS publications ) ) ) ) ) ) ) )

But even a raft of recent failures is n't stopping them from launching new publications


( S ( PP-LOC ( IN At ) ( NP ( NP ( DT the ) ( NNP American ) ( NNP Magazine ) ( NNP Conference ) ) ( ADVP-LOC ( RB here ) ) ) ) ( NP-SBJ-1 ( NNS publishers ) ) ( VP ( VBP are ) ( VP ( ADVP ( RB plenty ) ) ( VBN worried ) ( PP-CLR ( IN about ) ( NP ( NP ( DT the ) ( NN industry ) ( POS 's ) ) ( NNS woes ) ) ) ) ) )

At the American Magazine Conference here publishers are plenty worried about the industry 's woes


( S ( CC But ) ( NP-SBJ ( PRP they ) ) ( VP ( VBP are ) ( ADVP ( RB also ) ) ( VP ( VBG talking ) ( PP-CLR ( IN about ) ( NP ( JJ new ) ( NNS magazines ) ) ) ) ) )

But they are also talking about new magazines


( S ( PP ( IN For ) ( NP ( NN example ) ) ) ( NP-SBJ ( JJ Toronto-based ) ( NNP Telemedia ) ( NNP Inc. ) ) ( VP ( MD will ) ( VP ( VB publish ) ( NP ( NP-TTL ( NNP Eating ) ( NNP Well ) ) ( NP ( NP ( DT a ) ( JJ new ) ( NN food ) ( CC and ) ( NN health ) ( NN magazine ) ) ( ADJP ( JJ due ) ( ADVP ( IN out ) ) ( NP-TMP ( JJ next ) ( NN summer ) ) ) ) ) ) ) )

For example Toronto-based Telemedia Inc. will publish Eating Well a new food and health magazine due out next summer


( S ( NP-SBJ-1 ( ADJP ( NNP New ) ( JJ York-based ) ) ( NNP Hearst ) ( NNP Corp. ) ) ( NP-TMP ( DT this ) ( NN fall ) ) ( VP ( VP ( VBZ plans ) ( S ( VP ( TO to ) ( VP ( VB publish ) ( NP ( NP ( PRP$ its ) ( JJ first ) ( NN issue ) ) ( PP ( IN of ) ( NP ( NP-TTL ( CD 9 ) ( NNS Months ) ) ( NP ( NP ( DT a ) ( NN magazine ) ) ( PP ( IN for ) ( NP ( JJ expectant ) ( NNS mothers ) ) ) ) ) ) ) ) ) ) ) ( CC and ) ( VP ( VBZ has ) ( ADVP ( RB already ) ) ( VP ( VBN launched ) ( NP ( NNP American ) ( NNP Home ) ) ) ) ) )

New York-based Hearst Corp. this fall plans to publish its first issue of 9 Months a magazine for expectant mothers and has already launched American Home


( S ( CC And ) ( NP-SBJ ( NNP Time ) ( NNP Warner ) ( NNP Inc. ) ) ( VP ( VBZ is ) ( VP ( VBG developing ) ( NP ( NP ( NP ( DT a ) ( NN spinoff ) ) ( PP ( IN of ) ( NP-TTL ( NNP Time ) ( NN magazine ) ) ) ) ( VP ( VBN aimed ) ( PP-CLR ( IN at ) ( NP ( NNS kids ) ) ) ) ) ( PP-LOC ( IN on ) ( NP ( NP ( DT the ) ( NNS heels ) ) ( PP ( IN of ) ( NP ( PRP$ its ) ( JJ successful ) ( NAC-TTL ( NNP Sports ) ( NNP Illustrated ) ( PP ( IN for ) ( NP ( NNPS Kids ) ) ) ) ) ) ) ) ) ) )

And Time Warner Inc. is developing a spinoff of Time magazine aimed at kids on the heels of its successful Sports Illustrated for Kids


( S ( PP-TMP ( IN Over ) ( NP ( DT the ) ( JJ past ) ( CD four ) ( NNS years ) ) ) ( NP-SBJ ( NP ( DT the ) ( NN number ) ) ( PP ( IN of ) ( NP ( NN consumer ) ( NNS magazines ) ) ) ) ( VP ( VBZ has ) ( VP ( VBN increased ) ( PP-EXT ( IN by ) ( NP ( NP ( DT an ) ( NN average ) ) ( PP ( IN of ) ( NP ( NP ( CD 80 ) ( NNS magazines ) ) ( ADVP-TMP ( RB annually ) ) ) ) ) ) ( PP ( VBG according ) ( PP ( TO to ) ( NP ( NP ( NNP Donald ) ( NNP Kummerfeld ) ) ( NP ( NP ( NN president ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( NNP Magazine ) ( NNPS Publishers ) ) ( PP ( IN of ) ( NP ( NNP America ) ) ) ) ) ) ) ) ) ) ) )

Over the past four years the number of consumer magazines has increased by an average of 80 magazines annually according to Donald Kummerfeld president of the Magazine Publishers of America


( SINV ( S-TPC-1 ( NP-SBJ ( DT This ) ) ( VP ( VBZ is ) ( NP-PRD ( NP ( DT an ) ( JJ impressive ) ( NN show ) ) ( PP ( IN of ) ( NP ( NP ( NN faith ) ) ( PP ( IN in ) ( NP ( NP ( DT the ) ( NN future ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN magazine ) ( NN industry ) ) ) ) ) ) ) ) ) ) ( VP ( VBD said ) ) ( NP-SBJ ( NNP Mr. ) ( NNP Kummerfeld ) ) )

This is an impressive show of faith in the future of the magazine industry said Mr. Kummerfeld


( S ( NP-SBJ-1 ( NNS Entrepreneurs ) ) ( VP ( VBP do ) ( RB n't ) ( VP ( VB rush ) ( S ( VP ( TO to ) ( VP ( VB get ) ( PP-CLR ( IN into ) ( NP ( DT a ) ( ADJP ( JJ stagnant ) ( CC or ) ( VBG declining ) ) ( NN industry ) ) ) ) ) ) ) ) )

Entrepreneurs do n't rush to get into a stagnant or declining industry


( S ( CC And ) ( PP ( IN despite ) ( NP ( DT the ) ( JJ recent ) ( JJ tough ) ( NN advertising ) ( NN climate ) ) ) ( NP-SBJ ( NP ( NN industry ) ( NNS figures ) ) ( VP ( VBN released ) ( PP-LOC ( IN at ) ( NP ( NP ( DT the ) ( NN meeting ) ) ( ADVP-LOC ( RB here ) ) ) ) ) ) ( VP ( VBP indicate ) ( SBAR ( S ( NP-SBJ ( NNS things ) ) ( VP ( MD may ) ( VP ( VB be ) ( VP ( VBG turning ) ( ADVP ( IN around ) ) ) ) ) ) ) ) )

And despite the recent tough advertising climate industry figures released at the meeting here indicate things may be turning around


( S ( PP-TMP ( IN For ) ( NP ( DT the ) ( JJ first ) ( CD nine ) ( NNS months ) ) ) ( NP-SBJ ( NP ( VBG advertising ) ( NNS pages ) ) ( PP-LOC ( IN in ) ( NP ( NP ( NN consumer ) ( NNS magazines ) ) ( VP ( VBN tracked ) ( PP ( IN by ) ( NP-LGS ( DT the ) ( NNPS Publishers ) ( NNP Information ) ( NNP Bureau ) ) ) ) ) ) ) ( VP ( VBD increased ) ( NP-EXT ( CD 4 ) ( NN % ) ) ( PP-DIR ( IN from ) ( NP ( DT the ) ( JJ same ) ( NN period ) ) ( NP-TMP ( JJ last ) ( NN year ) ) ) ( PP-DIR ( TO to ) ( NP ( CD 125,849 ) ( NNS pages ) ) ) ) )

For the first nine months advertising pages in consumer magazines tracked by the Publishers Information Bureau increased 4 % from the same period last year to 125,849 pages


( S ( NP-SBJ ( NP ( JJ Total ) ( NN magazine ) ( NN ad ) ( NN revenue ) ) ( PP ( IN for ) ( NP ( DT the ) ( JJ same ) ( NN period ) ) ) ) ( VP ( VBD increased ) ( NP-EXT ( CD 12 ) ( NN % ) ) ( PP-DIR ( TO to ) ( NP ( QP ( CD 4.6 ) ( CD billion ) ) ) ) ) )

Total magazine ad revenue for the same period increased 12 % to 4.6 billion


( S ( SBAR-ADV ( IN Though ) ( S ( PP ( IN for ) ( NP ( DT some ) ( NNS magazines ) ( NNS categories ) ) ) ( NP-SBJ ( DT a ) ( JJ tough ) ( NN advertising ) ( NN climate ) ) ( VP ( VBZ persists ) ) ) ) ( NP-SBJ ( DT the ) ( NN industry ) ) ( PP ( IN in ) ( ADJP ( JJ general ) ) ) ( VP ( VBZ is ) ( VP ( VBG doing ) ( ADVP-MNR ( RB well ) ) ( PP ( VBN compared ) ( PP ( IN with ) ( NP ( DT the ) ( NN newspaper ) ( NN industry ) ) ) ) ) ) )

Though for some magazines categories a tough advertising climate persists the industry in general is doing well compared with the newspaper industry


( S ( SBAR-ADV ( IN Though ) ( S ( NP-SBJ ( DT some ) ( NNS magazines ) ) ( VP ( VBP are ) ( VP ( VBG thriving ) ) ) ) ) ( NP-SBJ ( DT the ) ( NN magazine ) ( VBG publishing ) ( NN industry ) ) ( VP ( VBZ remains ) ( NP-PRD ( DT a ) ( JJ risky ) ( NN business ) ) ) )

Though some magazines are thriving the magazine publishing industry remains a risky business


( S ( PP-TMP ( IN Within ) ( NP ( DT the ) ( JJ same ) ( CD nine ) ( NNS months ) ) ) ( S ( NP-SBJ ( NNP News ) ( NNP Corp. ) ) ( VP ( VBD closed ) ( PRT ( RP down ) ) ( NP ( PP-TTL ( IN In ) ( NP ( NNP Fashion ) ) ) ( NP ( DT a ) ( JJ once-promising ) ( NP ( JJ young ) ( NN woman ) ( POS 's ) ) ( NN fashion ) ( NN magazine ) ) ) ) ) ( S ( NP-SBJ ( NNP Drake ) ( NNPS Publications ) ( NNP Inc. ) ) ( VP ( VBZ has ) ( VP ( VBN folded ) ( NP ( DT the ) ( JJ long-troubled ) ( NNP Venture ) ( NN magazine ) ) ) ) ) ( CC and ) ( S ( NP-SBJ ( NNP Lang ) ( NNPS Communications ) ) ( VP ( VBZ has ) ( VP ( VBN announced ) ( SBAR ( S ( NP-TTL-SBJ ( NNP Ms. ) ( NN magazine ) ) ( PP-TMP ( IN after ) ( NP ( CD 17 ) ( NNS years ) ) ) ( VP ( MD will ) ( ADVP-TMP ( RB no ) ( RB longer ) ) ( VP ( VB carry ) ( NP ( NN advertising ) ) ( PP-TMP ( IN as ) ( PP ( IN of ) ( NP ( NNP January ) ) ) ) ) ) ) ) ) ) ) )

Within the same nine months News Corp. closed down In Fashion a once-promising young woman 's fashion magazine Drake Publications Inc. has folded the long-troubled Venture magazine and Lang Communications has announced Ms. magazine after 17 years will no longer carry advertising as of January


( S ( NP-SBJ-1 ( NNP Lang ) ) ( VP ( VP ( VBZ is ) ( VP ( VBG cutting ) ( NP ( NNS costs ) ) ) ) ( CC and ) ( VP ( MD will ) ( VP ( VB attempt ) ( S ( VP ( TO to ) ( VP ( VB operate ) ( NP ( DT the ) ( NN magazine ) ) ( PP-MNR ( IN with ) ( NP ( JJ only ) ( NN subscription ) ( NN revenue ) ) ) ) ) ) ) ) ) )

Lang is cutting costs and will attempt to operate the magazine with only subscription revenue


( S ( ADVP-TMP ( RB Meanwhile ) ) ( S ( NP-SBJ ( NP ( NNP American ) ( NNP Health ) ( NNPS Partners ) ) ( NP ( NP ( NN publisher ) ) ( PP ( IN of ) ( NP ( NNP American ) ( NNP Health ) ( NN magazine ) ) ) ) ) ( VP ( VBZ is ) ( ADJP-PRD ( JJ deep ) ( PP-LOC ( IN in ) ( NP ( NN debt ) ) ) ) ) ) ( CC and ) ( S ( NP-SBJ-1 ( NP ( NNP Owen ) ( NNP Lipstein ) ) ( NP ( NP ( NN founder ) ) ( CC and ) ( NP ( VBG managing ) ( NN partner ) ) ) ) ( VP ( VBZ is ) ( VP ( VBG being ) ( VP ( VBN forced ) ( S ( VP ( TO to ) ( VP ( VB sell ) ( NP ( DT the ) ( NN magazine ) ) ( PP-DTV ( TO to ) ( NP ( NP ( NNP Reader ) ( POS 's ) ) ( NNP Digest ) ( NNP Association ) ( NNP Inc ) ) ) ) ) ) ) ) ) ) )

Meanwhile American Health Partners publisher of American Health magazine is deep in debt and Owen Lipstein founder and managing partner is being forced to sell the magazine to Reader 's Digest Association Inc


( S ( NP-SBJ ( NP ( NP ( NNP Mr. ) ( NNP Lipstein ) ( POS 's ) ) ( NN absence ) ) ( PP ( IN from ) ( NP ( NP ( DT the ) ( NN meeting ) ) ( ADVP-LOC ( RB here ) ) ) ) ) ( VP ( VBD raised ) ( NP ( NN speculation ) ( SBAR ( IN that ) ( S ( NP-SBJ ( DT the ) ( NN sale ) ) ( VP ( VBZ is ) ( PP-PRD ( IN in ) ( NP ( NN trouble ) ) ) ) ) ) ) ) )

Mr. Lipstein 's absence from the meeting here raised speculation that the sale is in trouble


( S ( NP-SBJ ( NNP Mr. ) ( NNP Lipstein ) ) ( VP ( VBD said ) ( PP-LOC ( IN in ) ( NP ( NP ( DT a ) ( NN telephone ) ( NN interview ) ) ( PP ( IN from ) ( NP ( NNP New ) ( NNP York ) ) ) ) ) ( SBAR ( IN that ) ( S ( NP-SBJ ( DT the ) ( NN sale ) ) ( VP ( VBD was ) ( VP ( VBG proceeding ) ( SBAR-MNR ( RB as ) ( S ( VP ( VBN planned ) ) ) ) ) ) ) ) ) )

Mr. Lipstein said in a telephone interview from New York that the sale was proceeding as planned


( S ( NP-SBJ ( DT The ) ( NN magazine ) ) ( VP ( VBZ is ) ( ADJP-PRD ( JJ strong ) ) ) )

The magazine is strong


( S ( S-TPC-3 ( NP-SBJ ( PRP It ) ) ( VP ( VBZ 's ) ( ADVP ( RB simply ) ) ( NP-PRD ( NP ( DT the ) ( JJ right ) ( NN time ) ) ( SBAR ( S ( VP ( TO to ) ( VP ( VB do ) ( SBAR-NOM ( WHNP-1 ( WP what ) ) ( S ( NP-SBJ ( PRP we ) ) ( VP ( VBP are ) ( VP ( VBG doing ) ) ) ) ) ) ) ) ) ) ) ) ( NP-SBJ ( NNP Mr. ) ( NNP Lipstein ) ) ( VP ( VBD said ) ) )

It 's simply the right time to do what we are doing Mr. Lipstein said


( SINV ( S-TPC-2 ( NP-SBJ-1 ( NNS Magazines ) ) ( VP ( MD can ) ( ADVP-TMP ( RB no ) ( RB longer ) ) ( VP ( VB be ) ( VP ( VBN considered ) ( S ( NP-PRD ( NNS institutions ) ) ) ) ) ) ) ( VP ( VBD said ) ) ( NP-SBJ ( NP ( NNP James ) ( NNP Autry ) ) ( NP ( NP ( NN president ) ) ( PP ( IN of ) ( NP ( NP ( NNP Meredith ) ( NNP Corp. ) ( POS 's ) ) ( NN magazine ) ( NN group ) ) ) ) ) )

Magazines can no longer be considered institutions said James Autry president of Meredith Corp. 's magazine group


( S ( S-TPC-1 ( NP-SBJ ( NNS Publishers ) ) ( VP ( MD will ) ( VP ( VB find ) ( SBAR ( IN that ) ( S ( NP-SBJ ( DT some ) ( NNS magazines ) ) ( VP ( VP ( VBP have ) ( VP ( VBN served ) ( NP ( PRP$ their ) ( NN purpose ) ) ) ) ( CC and ) ( VP ( MD should ) ( VP ( VB die ) ) ) ) ) ) ) ) ) ( NP-SBJ ( PRP he ) ) ( VP ( VBD added ) ) )

Publishers will find that some magazines have served their purpose and should die he added


( S ( NP-SBJ ( NNS Magazines ) ) ( VP ( MD could ) ( PP ( IN like ) ( NP ( JJ other ) ( NNS brands ) ) ) ( VP ( VBP find ) ( SBAR ( IN that ) ( S ( NP-SBJ ( PRP they ) ) ( VP ( VBP have ) ( NP ( RB only ) ( DT a ) ( VBN limited ) ( NN life ) ) ) ) ) ) ) )

Magazines could like other brands find that they have only a limited life


( S ( NP-SBJ ( EX There ) ) ( VP ( VBP are ) ( ADVP ( RB also ) ) ( NP-PRD ( NNS indications ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NP ( DT the ) ( NN number ) ) ( PP ( IN of ) ( NP ( NP ( NN magazine ) ( NNS entrepreneurs ) ) ( VP ( ADVP ( RB traditionally ) ) ( VBD depended ) ( PP-CLR ( IN upon ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB break ) ( NP ( JJ new ) ( NN ground ) ) ( PP-MNR ( IN with ) ( NP ( ADJP ( RB potentially ) ( JJ risky ) ) ( NNS start-ups ) ) ) ) ) ) ) ) ) ) ( VP ( VBP are ) ( VP ( VBG dwindling ) ) ) ) ) ) ) )

There are also indications that the number of magazine entrepreneurs traditionally depended upon to break new ground with potentially risky start-ups are dwindling


( S ( ADVP ( RBR More ) ( IN than ) ( RB ever ) ) ( NP-SBJ-1 ( NP ( JJ independent ) ( NNS magazines ) ) ( CC and ) ( NP ( JJ small ) ( NN publishing ) ( NNS groups ) ) ) ( VP ( VBP are ) ( VP ( VBG being ) ( VP ( VBN gobbled ) ( PRT ( RP up ) ) ( PP ( IN by ) ( NP-LGS ( NP ( JJR larger ) ( NN publishing ) ( NNS groups ) ) ( PP ( JJ such ) ( IN as ) ( NP ( NP ( NP ( NNP American ) ( NNP Express ) ( NNP Publishing ) ( NNP Corp. ) ) ( NP ( NP ( DT a ) ( NN unit ) ) ( PP ( IN of ) ( NP ( NNP American ) ( NNP Express ) ( NNP Co. ) ) ) ) ) ( CC and ) ( NP ( NP ( NNP Conde ) ( NNP Nast ) ( NNPS Publications ) ( NNP Inc. ) ) ( NP ( NP ( DT a ) ( NN unit ) ) ( PP ( IN of ) ( NP ( NNP Advance ) ( NNPS Publications ) ( NNP Inc. ) ) ) ) ) ) ) ( SBAR ( WHNP-2 ( WDT which ) ) ( S ( VP ( VBP are ) ( VP ( VBG consolidating ) ( SBAR-PRP ( IN in ) ( NN order ) ( S ( VP ( TO to ) ( VP ( VB gain ) ( NP ( NP ( NN leverage ) ) ( PP ( IN with ) ( NP ( NNS advertisers ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

More than ever independent magazines and small publishing groups are being gobbled up by larger publishing groups such as American Express Publishing Corp. a unit of American Express Co. and Conde Nast Publications Inc. a unit of Advance Publications Inc. which are consolidating in order to gain leverage with advertisers


( S ( NP-SBJ ( DT Some ) ( NNS entrepreneurs ) ) ( VP ( VBP are ) ( ADVP ( RB still ) ) ( ADJP-PRD ( JJ active ) ) ( ADVP ( RB though ) ) ) )

Some entrepreneurs are still active though


( S ( NP-SBJ ( NP ( NNP Gerry ) ( NNP Ritterman ) ) ( NP ( NP ( NN president ) ) ( PP ( IN of ) ( NP ( ADJP ( NNP New ) ( JJ York-based ) ) ( NNP Network ) ( NNP Publishing ) ( NNP Corp. ) ) ) ) ) ( VP ( ADVP-TMP ( RBR earlier ) ( NP ( DT this ) ( NN year ) ) ) ( VBD sold ) ( NP ( PRP$ his ) ( NNP Soap ) ( NNP Opera ) ( NNP Digest ) ( NN magazine ) ) ( PP-DTV ( TO to ) ( NP ( NP ( NNP Rupert ) ( NNP Murdoch ) ( POS 's ) ) ( NNP News ) ( NNP Corp ) ) ) ) )

Gerry Ritterman president of New York-based Network Publishing Corp. earlier this year sold his Soap Opera Digest magazine to Rupert Murdoch 's News Corp


( S ( NP-SBJ ( NNP Mr. ) ( NNP Ritterman ) ) ( VP ( VBD said ) ( SBAR ( IN that ) ( S ( PP-TMP ( IN in ) ( NP ( DT the ) ( JJ next ) ( CD six ) ( NNS months ) ) ) ( NP-SBJ-1 ( PRP he ) ) ( VP ( MD will ) ( VP ( VB take ) ( NP ( QP ( CD 50 ) ( CD million ) ) ) ( PP-CLR ( IN from ) ( NP ( DT the ) ( NNP Soap ) ( NNP Opera ) ( NNP Digest ) ( NN sale ) ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB acquire ) ( NP ( JJ new ) ( NNS magazines ) ) ) ) ) ) ) ) ) ) )

Mr. Ritterman said that in the next six months he will take 50 million from the Soap Opera Digest sale to acquire new magazines


( S ( NP-SBJ ( PRP He ) ) ( VP ( MD would ) ( RB not ) ( VP ( VB reveal ) ( SBAR ( WHNP-1 ( WDT which ) ( NNS magazines ) ) ( S ( NP-SBJ ( PRP he ) ) ( VP ( VBZ is ) ( VP ( VBG considering ) ) ) ) ) ) ) )

He would not reveal which magazines he is considering


( SINV ( S-TPC-2 ( NP-SBJ ( NP ( DT The ) ( NNS magazines ) ) ( SBAR ( S ( NP-SBJ ( PRP I ) ) ( VP ( VBP am ) ( VP ( VBG looking ) ( PP-CLR ( IN for ) ) ) ) ) ) ) ( VP ( VBP are ) ( ADJP-PRD ( JJ underdeveloped ) ) ) ) ( VP ( VBD said ) ) ( NP-SBJ ( NNP Mr. ) ( NNP Ritterman ) ) )

The magazines I am looking for are underdeveloped said Mr. Ritterman


( S ( S ( NP-SBJ ( PRP They ) ) ( VP ( MD could ) ( VP ( VB be ) ( ADJP-PRD ( JJ old ) ( CC or ) ( JJ new ) ) ) ) ) ( CC but ) ( S ( NP-SBJ ( PRP they ) ) ( VP ( VBP are ) ( NP-PRD ( NP ( NNS magazines ) ) ( SBAR ( WHNP-2 ( WP$ whose ) ( JJ editorial ) ( NN quality ) ) ( S ( VP ( VBZ needs ) ( S ( VP ( TO to ) ( VP ( VB be ) ( VP ( VBN improved ) ) ) ) ) ) ) ) ) ) ) )

They could be old or new but they are magazines whose editorial quality needs to be improved


( S ( NP-SBJ ( PRP They ) ) ( VP ( MD will ) ( VP ( VB be ) ( NP-PRD ( DT the ) ( JJ next ) ( JJ hot ) ( NNS magazines ) ) ) ) )

They will be the next hot magazines


( S ( NP-SBJ ( NP ( NNP Staar ) ( NNP Surgical ) ( NNP Co. ) ( POS 's ) ) ( NN board ) ) ( VP ( VBD said ) ( SBAR ( SBAR ( IN that ) ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBZ has ) ( VP ( VBN removed ) ( NP ( NNP Thomas ) ( NNP R. ) ( NNP Waggoner ) ) ( PP-CLR ( IN as ) ( NP ( NN president ) ( CC and ) ( NN chief ) ( JJ executive ) ( NN officer ) ) ) ) ) ) ) ( CC and ) ( SBAR ( IN that ) ( S ( NP-SBJ-1 ( NP ( NNP John ) ( NNP R. ) ( NNP Wolf ) ) ( NP ( ADVP-TMP ( RB formerly ) ) ( NP ( JJ executive ) ( NN vice ) ( NN president ) ) ( NP ( NNS sales ) ( CC and ) ( NN marketing ) ) ) ) ( VP ( VBZ has ) ( VP ( VBN been ) ( VP ( VBN named ) ( S ( NP-PRD ( NP ( NN president ) ) ( CC and ) ( NP ( NN chief ) ( NN executive ) ( NN officer ) ) ) ) ) ) ) ) ) ) ) )

Staar Surgical Co. 's board said that it has removed Thomas R. Waggoner as president and chief executive officer and that John R. Wolf formerly executive vice president sales and marketing has been named president and chief executive officer


( S ( NP-SBJ ( NNP Mr. ) ( NNP Waggoner ) ) ( VP ( VBZ has ) ( VP ( VBN been ) ( ADJP-PRD ( VBN involved ) ( PP ( IN in ) ( NP ( NP ( DT a ) ( NN dispute ) ) ( PP ( IN with ) ( NP ( DT the ) ( NN board ) ) ) ) ) ) ( PP-TMP ( IN since ) ( NP ( NP ( NNP August ) ) ( SBAR ( WHADVP-1 ( WRB when ) ) ( S ( NP-SBJ ( PRP he ) ) ( VP ( VBD ousted ) ( NP ( PDT all ) ( DT the ) ( NNS directors ) ) ) ) ) ) ) ) ) )

Mr. Waggoner has been involved in a dispute with the board since August when he ousted all the directors


( S ( ADVP-TMP ( RB Later ) ) ( NP-SBJ ( PRP they ) ) ( VP ( VBD said ) ( SBAR ( S ( S ( NP-SBJ ( PRP they ) ) ( VP ( VBD fired ) ( NP ( PRP him ) ) ) ) ( CC and ) ( S ( NP-SBJ-1 ( CD two ) ( NNS directors ) ) ( VP ( VBD attempted ) ( S ( VP ( TO to ) ( VP ( VB place ) ( NP ( DT the ) ( NN company ) ) ( PP-CLR-LOC ( IN under ) ( NP ( NN bankruptcy-law ) ( NN protection ) ) ) ) ) ) ) ) ) ) ) )

Later they said they fired him and two directors attempted to place the company under bankruptcy-law protection


( S ( NP-SBJ ( DT A ) ( JJ federal ) ( NN judge ) ) ( VP ( VBD turned ) ( PRT ( RP down ) ) ( NP ( DT the ) ( NN Chapter ) ( CD 11 ) ( NN petition ) ) ) )

A federal judge turned down the Chapter 11 petition


( S ( NP-SBJ ( NP ( DT The ) ( NN company ) ( POS 's ) ) ( JJS latest ) ( NN announcement ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( NNP Mr. ) ( NNP Waggoner ) ) ( VP ( MD will ) ( VP ( VB remain ) ( NP-PRD ( NP ( DT a ) ( NN director ) ) ( PP ( IN of ) ( NP ( NP ( NNP Staar ) ) ( NP ( NP ( DT a ) ( NN maker ) ) ( PP ( IN of ) ( NP ( NP ( NNS products ) ) ( PP ( IN for ) ( NP ( NN small-incision ) ( NN surgery ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

The company 's latest announcement said Mr. Waggoner will remain a director of Staar a maker of products for small-incision surgery


( S ( NP-SBJ-1 ( NP ( NNP Mr. ) ( NNP Wolf ) ) ( CC and ) ( NP ( NP ( JJ other ) ( NNS members ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN board ) ) ) ) ) ( VP ( VBD declined ) ( S ( VP ( TO to ) ( VP ( VB comment ) ( PP-CLR ( IN on ) ( NP ( DT the ) ( NN announcement ) ) ) ) ) ) ) )

Mr. Wolf and other members of the board declined to comment on the announcement


( S ( NP-SBJ-1 ( NNP Mr. ) ( NNP Waggoner ) ) ( VP ( MD could ) ( RB n't ) ( VP ( VB be ) ( VP ( VBN reached ) ) ) ) )

Mr. Waggoner could n't be reached


( S ( NP-SBJ ( DT The ) ( NNP Staar ) ( NN board ) ) ( ADVP ( RB also ) ) ( VP ( VBD said ) ( SBAR ( SBAR ( IN that ) ( S ( NP-SBJ ( NNP John ) ( NNP R. ) ( NNP Ford ) ) ( VP ( VBD resigned ) ( PP-CLR ( IN as ) ( NP ( DT a ) ( NN director ) ) ) ) ) ) ( CC and ) ( SBAR ( IN that ) ( S ( NP-SBJ-1 ( NNP Mr. ) ( NNP Wolf ) ) ( VP ( VBD was ) ( VP ( VBN named ) ( S ( NP-PRD ( NP ( DT a ) ( NN member ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN board ) ) ) ) ) ) ) ) ) ) ) )

The Staar board also said that John R. Ford resigned as a director and that Mr. Wolf was named a member of the board


( X ( CC but ) ( VP ( NNS worries ) ( PP ( IN about ) ( NP ( CD 1990 ) ) ) ) )

but worries about 1990


( S ( SBAR-ADV ( IN With ) ( S ( NP-SBJ-1 ( JJS most ) ( NNS legislatures ) ) ( VP ( VBN adjourned ) ( PP-TMP ( IN for ) ( NP ( DT the ) ( NN year ) ) ) ) ) ) ( NP-SBJ ( JJ small ) ( NN business ) ) ( VP ( VBZ is ) ( VP ( VBG tallying ) ( NP ( PRP$ its ) ( NN scorecard ) ) ) ) )

With most legislatures adjourned for the year small business is tallying its scorecard


( S ( NP-SBJ-1 ( NP ( RB Much ) ) ( PP ( IN of ) ( NP ( PRP$ its ) ( NN attention ) ) ) ) ( VP ( VBD was ) ( VP ( VBN spent ) ( S-MNR-CLR ( VP ( VBG fighting ) ( NP ( NP ( NP ( VBN organized ) ( NN labor ) ( POS 's ) ) ( NNS initiatives ) ) ( PP ( IN on ) ( NP ( NP ( NNS issues ) ) ( SBAR ( S ( NP-SBJ ( DT the ) ( NN small-business ) ( NN community ) ) ( VP ( ADVP ( RB traditionally ) ) ( VBZ opposes ) ) ) ) ( PP ( PP ( IN from ) ( S-NOM ( VP ( VBG raising ) ( NP ( NN state ) ( NN minimum ) ( NN wage ) ( NNS levels ) ) ) ) ) ( PP ( TO to ) ( S-NOM ( VP ( VBG mandating ) ( NP ( NP ( NNS benefits ) ) ( PP-LOC ( IN in ) ( NP ( NN health ) ( NNS plans ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Much of its attention was spent fighting organized labor 's initiatives on issues the small-business community traditionally opposes from raising state minimum wage levels to mandating benefits in health plans


( SINV ( S-TPC-1 ( SBAR-ADV ( IN While ) ( S ( NP-SBJ ( NNS results ) ) ( VP ( VBD were ) ( ADJP-PRD ( VBN mixed ) ) ( PP-LOC ( IN in ) ( NP ( JJ many ) ( NNS states ) ) ) ) ) ) ( NP-SBJ ( JJ small ) ( NN business ) ) ( VP ( VBD got ) ( PRT ( RP by ) ) ( ADVP-MNR ( RB fairly ) ( RB well ) ) ) ) ( VP ( VBZ concludes ) ) ( NP-SBJ ( NP ( NNP Don ) ( NNP L. ) ( NNP Robinson ) ) ( NP ( NP ( JJ associate ) ( NN director ) ) ( PP ( IN of ) ( NP ( NP ( NP ( DT the ) ( NNP National ) ( NNP Federation ) ) ( PP ( IN of ) ( NP ( NNP Independent ) ( NNP Business ) ) ) ) ( NP ( DT the ) ( JJS largest ) ( NN small-business ) ( NN organization ) ) ) ) ) ) )

While results were mixed in many states small business got by fairly well concludes Don L. Robinson associate director of the National Federation of Independent Business the largest small-business organization


( S ( S ( NP-SBJ ( NP ( CD Five ) ( NNS states ) ) ( NP ( NP ( NNP Oregon ) ) ( NP ( NNP Rhode ) ( NNP Island ) ) ( NP ( NNP New ) ( NNP Hampshire ) ) ( NP ( NNP Iowa ) ) ( CC and ) ( NP ( NNP Wisconsin ) ) ) ) ( VP ( VBD passed ) ( NP ( NP ( NNS bills ) ) ( SBAR-PRP ( S ( VP ( TO to ) ( VP ( VB boost ) ( NP ( DT the ) ( JJ minimum ) ( NN wage ) ) ) ) ) ) ) ) ) ( CC but ) ( S ( NP-SBJ-1 ( NP ( NNS measures ) ) ( PP-LOC ( IN in ) ( NP ( CD 19 ) ( JJ other ) ( NNS states ) ) ) ) ( VP ( VBD were ) ( VP ( VBN defeated ) ) ) ) )

Five states Oregon Rhode Island New Hampshire Iowa and Wisconsin passed bills to boost the minimum wage but measures in 19 other states were defeated


( S ( NP-SBJ ( NP ( NNP Oregon ) ( POS 's ) ) ( NN rate ) ) ( VP ( MD will ) ( VP ( VB rise ) ( PP-DIR ( TO to ) ( NP ( NP ( NP ( CD 4.75 ) ) ( NP-ADV ( DT an ) ( NN hour ) ) ) ( NP ( NP ( DT the ) ( NN nation ) ( POS 's ) ) ( JJS highest ) ) ) ) ( PP-TMP ( IN in ) ( NP ( NNP Jan. ) ( CD 1 ) ( CD 1991 ) ) ) ) ) )

Oregon 's rate will rise to 4.75 an hour the nation 's highest in Jan. 1 1991


( S ( S ( NP-SBJ ( NNP Iowa ) ( POS 's ) ) ( VP ( MD will ) ( VP ( VB be ) ( NP-PRD ( NP ( DT the ) ( JJ second ) ( JJS highest ) ) ( PRN ( PP ( IN at ) ( NP ( NP ( CD 4.65 ) ) ( NP-ADV ( DT an ) ( NN hour ) ) ) ) ( PP-TMP ( IN in ) ( NP ( NNP January ) ( CD 1992 ) ) ) ) ) ) ) ) ( CC but ) ( S ( NP-SBJ ( NN small-business ) ( NNS lobbyists ) ) ( VP ( VBD won ) ( NP ( NP ( NP ( DT an ) ( NN exclusion ) ) ( PP ( IN for ) ( NP ( JJ tiny ) ( NNS concerns ) ) ) ) ( CC and ) ( NP ( DT a ) ( JJR lower ) ( NN training ) ( NN rate ) ) ) ) ) )

Iowa 's will be the second highest at 4.65 an hour in January 1992 but small-business lobbyists won an exclusion for tiny concerns and a lower training rate


( S ( PP-LOC ( IN In ) ( NP ( CD 17 ) ( JJ central ) ( NNS states ) ) ) ( NP-SBJ ( CD one ) ( NN small-business ) ( NN count ) ) ( VP ( VBZ shows ) ( SBAR ( S ( NP-SBJ ( NNS lawmakers ) ) ( VP ( VBD adopted ) ( NP ( NP ( QP ( RB only ) ( CD three ) ( IN of ) ( CD 46 ) ) ( NNS bills ) ) ( VP ( VBG mandating ) ( NP ( NP ( NN health ) ( NN coverage ) ) ( CC or ) ( NP ( JJ parental ) ( NN leave ) ) ) ) ) ) ) ) ) )

In 17 central states one small-business count shows lawmakers adopted only three of 46 bills mandating health coverage or parental leave


( S ( S ( NP-SBJ ( DT The ) ( NNP Illinois ) ( NNP Legislature ) ) ( VP ( ADVP-MNR ( RB narrowly ) ) ( VBD passed ) ( NP ( NP ( DT a ) ( JJ parental-leave ) ( NN bill ) ) ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( NP-SBJ ( NNP Gov. ) ( NNP James ) ( NNP Thompson ) ) ( VP ( VBD vetoed ) ) ) ) ) ) ) ( CC and ) ( S ( NP-SBJ ( NNP Iowa ) ( CC and ) ( NNP Tennessee ) ) ( VP ( VBD amended ) ( NP ( NP ( NNS laws ) ) ( SBAR ( S ( VP ( TO to ) ( VP ( VB require ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NNS employers ) ) ( VP ( VB pay ) ( PP-CLR ( IN for ) ( NP ( NN breast-cancer ) ( NNS exams ) ) ) ) ) ) ) ) ) ) ) ) ) )

The Illinois Legislature narrowly passed a parental-leave bill which Gov. James Thompson vetoed and Iowa and Tennessee amended laws to require that employers pay for breast-cancer exams


( S ( NP-SBJ ( JJ Small ) ( NN business ) ) ( VP ( VBZ is ) ( VP ( VBG bracing ) ( PP-CLR ( IN for ) ( NP ( NP ( DT an ) ( NN avalanche ) ) ( PP ( IN of ) ( NP ( JJ similar ) ( NNS proposals ) ) ) ( NP-TMP ( IN next ) ( NN year ) ) ) ) ) ) )

Small business is bracing for an avalanche of similar proposals next year


( SINV ( S-TPC-3 ( NP-SBJ-2 ( NP ( DT Those ) ( NNS kinds ) ) ( PP ( IN of ) ( NP ( NNS issues ) ) ) ) ( ADVP-TMP ( RB always ) ) ( VP ( VBP keep ) ( S ( VP ( VBG coming ) ( ADVP-CLR ( RB back ) ) ) ) ) ) ( VP ( VBZ says ) ) ( NP-SBJ ( NP ( NNP Robert ) ( NNP Beckwith ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( VBZ manages ) ( NP ( NP ( NP ( DT the ) ( NNP Illinois ) ( NNP Chamber ) ) ( PP ( IN of ) ( NP ( NNP Commerce ) ) ) ( POS 's ) ) ( NN small-business ) ( NN office ) ) ) ) ) ) )

Those kinds of issues always keep coming back says Robert Beckwith who manages the Illinois Chamber of Commerce 's small-business office


( S-HLN ( PP ( IN DESPITE ) ( NP ( NP ( NNS VICTORIES ) ) ( NP-TMP ( DT this ) ( NN year ) ) ) ) ( NP-SBJ-1 ( JJ small ) ( NN business ) ) ( VP ( NNS fears ) ( S ( VP ( VBG losing ) ( NP ( JJ parental-leave ) ( NN war ) ) ) ) ) )

DESPITE VICTORIES this year small business fears losing parental-leave war


( S ( NP-SBJ ( NP ( RB Only ) ( CD two ) ( NNS states ) ) ( NP ( NNP Vermont ) ( CC and ) ( NNP Washington ) ) ) ( NP-TMP ( DT this ) ( NN year ) ) ( VP ( VBD joined ) ( NP ( NP ( CD five ) ( NNS others ) ) ( VP ( VBG requiring ) ( S ( NP-SBJ ( JJ private ) ( NNS employers ) ) ( VP ( TO to ) ( VP ( VB grant ) ( NP ( NP ( NNS leaves ) ) ( PP ( IN of ) ( NP ( NN absence ) ) ) ) ( PP-DTV ( TO to ) ( NP ( NP ( NNS employees ) ) ( PP ( IN with ) ( NP ( ADJP ( JJ newborn ) ( CC or ) ( VBN adopted ) ) ( NNS infants ) ) ) ) ) ) ) ) ) ) ) )

Only two states Vermont and Washington this year joined five others requiring private employers to grant leaves of absence to employees with newborn or adopted infants


( S ( NP-SBJ-1 ( JJ Similar ) ( NNS proposals ) ) ( VP ( VBD were ) ( VP ( VBN defeated ) ( PP-LOC ( IN in ) ( NP ( QP ( IN at ) ( JJS least ) ( CD 15 ) ) ( JJ other ) ( NNS states ) ) ) ) ) )

Similar proposals were defeated in at least 15 other states


( S ( CC But ) ( NP-SBJ ( NP ( JJ small ) ( NN business ) ) ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( VP ( ADVP ( RB generally ) ) ( VBZ detests ) ( NP ( JJ government-mandated ) ( NNS benefits ) ) ) ) ) ) ( VP ( VBZ has ) ( VP ( VBN taken ) ( NP-CLR ( NN note ) ) ( PP-CLR ( IN of ) ( NP ( NP ( DT the ) ( VBG growing ) ( NN number ) ) ( PP ( IN of ) ( NP ( JJ close ) ( NNS votes ) ) ) ) ) ) ) )

But small business which generally detests government-mandated benefits has taken note of the growing number of close votes


( SINV ( S-TPC-1 ( NP-SBJ ( PRP It ) ) ( VP ( VBZ 's ) ( NP-PRD ( NP ( RB just ) ( DT a ) ( NN matter ) ) ( PP ( IN of ) ( NP ( NN time ) ) ) ) ( SBAR-TMP ( IN before ) ( S ( NP-SBJ ( DT the ) ( NN tide ) ) ( VP ( VBZ turns ) ) ) ) ) ) ( VP ( VBZ says ) ) ( NP-SBJ ( CD one ) ( JJ Midwestern ) ( NN lobbyist ) ) )

It 's just a matter of time before the tide turns says one Midwestern lobbyist


( S ( ADVP ( RB Consequently ) ) ( NP-SBJ ( JJ small ) ( NN business ) ) ( VP ( VBZ is ) ( VP ( VBG taking ) ( NP ( NP ( RBR more ) ( JJ pro-active ) ( NNS steps ) ) ( SBAR ( S ( VP ( TO to ) ( VP ( VB counter ) ( NP ( VBN mandated ) ( NNS leaves ) ) ) ) ) ) ) ) ) )

Consequently small business is taking more pro-active steps to counter mandated leaves


( S ( S ( PP-LOC ( IN In ) ( NP ( NNP Pennsylvania ) ) ) ( NP-SBJ ( JJ small ) ( NNS businesses ) ) ( VP ( VBP are ) ( VP ( VBG pushing ) ( PP-CLR ( IN for ) ( NP ( DT a ) ( JJ voluntary ) ( NN alternative ) ) ) ) ) ) ( S ( NP-SBJ ( PRP they ) ) ( VP ( VBP favor ) ( NP ( NP ( DT a ) ( NN commission ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( MD would ) ( VP ( VB develop ) ( NP ( NP ( NN sample ) ( NN leave ) ( NNS policies ) ) ( SBAR ( WHNP-2 ( IN that ) ) ( S ( NP-SBJ ( NNS employers ) ) ( VP ( MD could ) ( VP ( VB adopt ) ) ) ) ) ) ) ) ) ) ) ) ) )

In Pennsylvania small businesses are pushing for a voluntary alternative they favor a commission that would develop sample leave policies that employers could adopt


( S ( NP-SBJ ( PRP They ) ) ( ADVP ( RB also ) ) ( VP ( VBP support ) ( NP ( NP ( DT a ) ( NN tax ) ( NN credit ) ) ( PP ( IN for ) ( NP ( NNS employers ) ) ) ( SBAR-PRP ( S ( VP ( TO to ) ( VP ( VB offset ) ( NP ( NP ( DT the ) ( NN cost ) ) ( PP ( IN of ) ( S-NOM ( VP ( VBG hiring ) ( CC and ) ( VBG training ) ( NP ( NP ( NNS workers ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( ADVP ( RB temporarily ) ) ( VBP replace ) ( NP ( NP ( NNS employees ) ) ( PP ( IN on ) ( NP ( JJ parental ) ( NN leave ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

They also support a tax credit for employers to offset the cost of hiring and training workers who temporarily replace employees on parental leave


( S ( PP-TMP ( IN In ) ( NP ( CD 1990 ) ) ) ( NP-SBJ-1 ( DT the ) ( NN issue ) ) ( VP ( VBZ is ) ( VP ( VBN expected ) ( S ( VP ( TO to ) ( VP ( VB be ) ( ADJP-PRD ( RB especially ) ( JJ close ) ( PP-LOC ( IN in ) ( NP ( NP ( NNP Alaska ) ) ( NP ( NNP California ) ) ( NP ( NNP Michigan ) ) ( NP ( NNP New ) ( NNP York ) ) ( NP ( NNP Pennsylvania ) ) ( CC and ) ( NP ( NNP Illinois ) ) ) ) ) ) ) ) ) ) )

In 1990 the issue is expected to be especially close in Alaska California Michigan New York Pennsylvania and Illinois


( SINV ( S-TPC-1 ( NP-SBJ ( PRP We ) ) ( VP ( MD 'll ) ( VP ( VB be ) ( VP ( VBG playing ) ( NP ( NP ( DT a ) ( NN lot ) ) ( PP ( IN of ) ( NP ( NN defense ) ) ) ) ( PP-LOC ( ADVP ( RB especially ) ) ( IN in ) ( NP ( DT the ) ( NNP Midwest ) ( CC and ) ( NNP Northeast ) ) ) ) ) ) ) ( VP ( VBZ says ) ) ( NP-SBJ ( NP ( NNP Jim ) ( NNP Buente ) ) ( PP ( IN of ) ( NP ( DT the ) ( NNP NFIB ) ) ) ) )

We 'll be playing a lot of defense especially in the Midwest and Northeast says Jim Buente of the NFIB


( S-HLN ( PP-LOC ( IN IN ) ( NP ( NNP LOS ) ( NNP ANGELES ) ) ) ( NP-SBJ-1 ( RBR more ) ( JJ small ) ( NNS businesses ) ) ( VP ( VBP ponder ) ( S ( VP ( VBG adopting ) ( NP ( DT a ) ( JJ child-care ) ( NN policy ) ) ) ) ) )

IN LOS ANGELES more small businesses ponder adopting a child-care policy


( SINV ( VP-TPC-1 ( VBG Triggering ) ( NP ( DT the ) ( NN re-examination ) ) ) ( VP ( VBZ is ) ) ( NP-SBJ ( DT a ) ( JJ recent ) ( NN city ) ( NN council ) ( NN decision ) ( S ( VP ( TO to ) ( VP ( VB give ) ( NP ( NP ( NN preference ) ) ( PP ( IN in ) ( S-NOM ( VP ( VBG letting ) ( NP ( NN city ) ( NNS contracts ) ) ( PP-CLR ( TO to ) ( NP ( NP ( NNS suppliers ) ) ( PP ( IN with ) ( NP ( NP ( DT a ) ( VBN stated ) ( NN policy ) ) ( PP ( IN on ) ( NP ( NN child ) ( NN care ) ) ) ( PP ( IN for ) ( NP ( PRP$ their ) ( NNS employees ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Triggering the re-examination is a recent city council decision to give preference in letting city contracts to suppliers with a stated policy on child care for their employees


( S ( NP-SBJ ( DT The ) ( JJ preferential ) ( NN treatment ) ) ( VP ( ADVP ( RB even ) ) ( VBZ applies ) ( PP-CLR ( TO to ) ( NP ( S-NOM ( VP ( VBG awarding ) ( NP ( NP ( JJ small ) ( NNS contracts ) ) ( PP ( IN under ) ( NP ( CD 25,000 ) ) ) ) ) ) ( CC and ) ( NP ( NP ( NP ( VBG consulting ) ) ( CC and ) ( NP ( JJ temporary ) ( NNS services ) ) ) ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( ADVP ( RB often ) ) ( VP ( VBP go ) ( PP-CLR ( TO to ) ( NP ( DT the ) ( JJR smaller ) ( NNS concerns ) ) ) ) ) ) ) ) ) ) )

The preferential treatment even applies to awarding small contracts under 25,000 and consulting and temporary services which often go to the smaller concerns


( S ( NP-SBJ-1 ( NNS Firms ) ) ( VP ( VBP are ) ( VP ( VBN permitted ) ( NP ( NP ( JJ wide ) ( NN flexibility ) ) ( PP ( IN in ) ( NP ( NP ( DT the ) ( JJ child-care ) ( NNS arrangements ) ) ( SBAR ( S ( NP-SBJ ( PRP they ) ) ( VP ( VBP provide ) ) ) ) ) ) ) ) ) )

Firms are permitted wide flexibility in the child-care arrangements they provide


( S ( NP-SBJ ( NP ( NN Council ) ( NN member ) ( NNP Joy ) ( NNP Picus ) ) ( NP ( NP ( DT the ) ( NN measure ) ( POS 's ) ) ( NN chief ) ( NN advocate ) ) ) ( VP ( VBZ considers ) ( S ( NP-SBJ ( PRP it ) ) ( NP-PRD ( NP ( NN part ) ) ( PP ( IN of ) ( NP ( NP ( DT a ) ( NN pro-family ) ( NN policy ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( VBZ makes ) ( NP ( NP-DIR ( NNP Los ) ( NNP Angeles ) ) ( NP-PRD ( NP ( DT a ) ( NN leader ) ) ( PP ( IN in ) ( S-NOM ( VP ( VBG humanizing ) ( NP ( DT the ) ( NN workplace ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Council member Joy Picus the measure 's chief advocate considers it part of a pro-family policy that makes Los Angeles a leader in humanizing the workplace


( S-HLN ( NP-SBJ ( NNP NOVEMBER ) ( NNS BALLOTS ) ) ( VP ( MD will ) ( VP ( VB contain ) ( NP ( NP ( JJ few ) ( NN referendum ) ( CC or ) ( NN initiative ) ( NNS issues ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( ADVP-MNR ( RB especially ) ) ( VBP affect ) ( NP ( JJ small ) ( NN business ) ) ) ) ) ) ) ) )

NOVEMBER BALLOTS will contain few referendum or initiative issues that especially affect small business


( S ( S ( PP-LOC ( IN In ) ( NP ( NNP San ) ( NNP Francisco ) ) ) ( NP-SBJ ( JJ small ) ( NNS businesses ) ) ( VP ( VBP are ) ( VP ( VBG urging ) ( NP ( NP ( NN passage ) ) ( PP ( IN of ) ( NP ( NP ( DT a ) ( JJ local ) ( NN initiative ) ) ( SBAR ( S ( VP ( TO to ) ( VP ( VB build ) ( NP ( DT a ) ( JJ new ) ( ADJP ( QP ( CD 95 ) ( CD million ) ) ) ( NN downtown ) ( NN baseball ) ( NN stadium ) ) ) ) ) ) ) ) ) ) ) ) ( S ( NP-SBJ ( PRP they ) ) ( VP ( VBP believe ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( MD will ) ( VP ( VB spur ) ( NP ( NP ( JJ retail ) ( NNS sales ) ) ( CC and ) ( NP ( NN hotel-restaurant ) ( NN business ) ) ) ) ) ) ) ) ) )

In San Francisco small businesses are urging passage of a local initiative to build a new 95 million downtown baseball stadium they believe it will spur retail sales and hotel-restaurant business


( S ( CC But ) ( PP-LOC ( IN in ) ( NP ( NNP Washington ) ( NN state ) ) ) ( NP-SBJ-3 ( JJ small ) ( NN business ) ) ( VP ( ADVP ( RB generally ) ) ( VBZ opposes ) ( NP ( NP ( DT an ) ( NN initiative ) ) ( SBAR ( S ( VP ( TO to ) ( VP ( VB boost ) ( NP ( NP ( VBG spending ) ) ( PP-CLR ( IN on ) ( NP ( NP ( NNS children ) ( POS 's ) ) ( NNS programs ) ) ) ) ( PP-EXT ( IN by ) ( NP ( QP ( CD 360 ) ( CD million ) ) ) ) ) ) ) ) ) ( S-ADV ( VP ( VBG fearing ) ( SBAR ( S ( NP-SBJ-1 ( NP ( DT the ) ( NN state ) ( POS 's ) ) ( ADJP ( CD 7.8 ) ( NN % ) ) ( NNS sales ) ( NN tax ) ) ( VP ( MD will ) ( VP ( VB be ) ( VP ( VBN raised ) ( S-PRP ( VP ( TO to ) ( VP ( VB finance ) ( NP ( DT the ) ( NNS outlays ) ) ) ) ) ) ) ) ) ) ) ) ) )

But in Washington state small business generally opposes an initiative to boost spending on children 's programs by 360 million fearing the state 's 7.8 % sales tax will be raised to finance the outlays


( NP-HLN ( NNP DIALING ) ( NNPS DOLLARS ) )

DIALING DOLLARS


( S ( NP-SBJ ( NP ( JJ Small ) ( NNS businesses ) ) ( PP-LOC ( IN in ) ( NP ( JJ suburban ) ( NNP Chicago ) ) ) ) ( VP ( VBP are ) ( VP ( VBG discovering ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NP ( DT an ) ( JJ area-code ) ( NN switch ) ) ( NP-TMP ( NNP Nov. ) ( CD 11 ) ) ( PP ( TO to ) ( NP ( CD 708 ) ) ) ( PP ( IN from ) ( NP ( DT the ) ( JJ familiar ) ( CD 312 ) ) ) ) ( VP ( MD wo ) ( RB n't ) ( VP ( VB be ) ( PP-PRD ( IN without ) ( NP ( DT some ) ( NNS costs ) ) ) ) ) ) ) ( SBAR-ADV ( IN as ) ( S ( NP-SBJ ( PRP they ) ) ( VP ( VP ( VBP alter ) ( NP ( NP ( NN stationery ) ) ( PP ( IN among ) ( NP ( JJ other ) ( NNS things ) ) ) ) ) ( CC and ) ( VP ( VBP notify ) ( NP ( NNS customers ) ) ) ) ) ) ) ) )

Small businesses in suburban Chicago are discovering that an area-code switch Nov. 11 to 708 from the familiar 312 wo n't be without some costs as they alter stationery among other things and notify customers


( S ( NP-SBJ-1 ( NP ( NNP Wessels ) ( CC & ) ( NNP Pautsch ) ) ( NP ( DT a ) ( JJ small ) ( NNP St. ) ( NNP Charles ) ( NN law ) ( NN firm ) ) ) ( VP ( VBZ plans ) ( S ( VP ( TO to ) ( VP ( VB mail ) ( NP ( CD 500 ) ( NNS customers ) ) ( NP ( NP ( NP ( DT a ) ( NN list ) ) ( PP ( IN of ) ( NP ( NP ( PRP$ its ) ( NNS lawyers ) ( POS ' ) ) ( JJ new ) ( NN phone ) ( CC and ) ( NN fax ) ( NNS numbers ) ) ) ) ( PP ( RB as ) ( RB well ) ( IN as ) ( NP ( VBN updated ) ( NNP Rolodex ) ( NNS cards ) ) ) ) ) ) ) ) )

Wessels & Pautsch a small St. Charles law firm plans to mail 500 customers a list of its lawyers ' new phone and fax numbers as well as updated Rolodex cards


( S ( CC But ) ( NP-SBJ-1 ( JJ many ) ( NNS owners ) ) ( VP ( VBP plan ) ( S ( VP ( TO to ) ( VP ( VB practice ) ( NP ( NP ( NN frugality ) ) ) ( S-ADV ( VP ( VP ( VBG crossing ) ( PRT ( RP out ) ) ( NP ( DT the ) ( JJ old ) ( NN code ) ) ) ( CC and ) ( VP ( VBG writing ) ( PRT ( RP in ) ) ( NP ( DT the ) ( JJ new ) ( CD one ) ) ) ) ) ( SBAR-TMP ( IN until ) ( S ( NP-SBJ ( PRP$ their ) ( NN stock ) ) ( VP ( VBZ runs ) ( ADVP-CLR ( IN out ) ) ) ) ) ) ) ) ) )

But many owners plan to practice frugality crossing out the old code and writing in the new one until their stock runs out


( S ( NP-SBJ ( NP ( RB Even ) ( NN print-shop ) ( NN operator ) ( NNP Clay ) ( NNP Smith ) ) ( PP ( IN of ) ( NP ( NNP Naperville ) ) ) ) ( VP ( MD wo ) ( RB n't ) ( VP ( VB discard ) ( NP ( PRP$ his ) ( JJ old ) ( NN supply ) ) ) ) )

Even print-shop operator Clay Smith of Naperville wo n't discard his old supply


( S ( NP-SBJ ( PRP He ) ) ( VP ( VBZ reports ) ( SBAR ( S ( NP-SBJ ( PRP$ his ) ( NN business ) ) ( VP ( VBZ is ) ( ADVP-PRD ( ADJP ( IN up ) ) ( ADVP ( RB slightly ) ) ) ( PP-PRP ( IN from ) ( S-NOM ( NP-SBJ ( NNS customers ) ) ( VP ( VBG replacing ) ( NP ( JJ old ) ( NN stock ) ) ) ) ) ) ) ) ) )

He reports his business is up slightly from customers replacing old stock


( S-HLN ( NP-SBJ ( NP ( NNP CALIFORNIA ) ) ( NP ( NP ( DT A ) ( NN TREND-SETTER ) ) ( PP-LOC ( IN in ) ( NP ( VBG franchising ) ( NNS rules ) ) ) ) ) ( VP ( VBZ stirs ) ( NP ( DT a ) ( NN controversy ) ) ) )

CALIFORNIA A TREND-SETTER in franchising rules stirs a controversy