( S ( S ( ADVP-TMP ( NP ( DT A ) ( NN half-hour ) ) ( RB later ) ) ( NP-SBJ ( DT the ) ( NN woman ) ) ( VP ( VBZ is ) ( VP ( VBG smiling ) ( CC and ) ( VBG chatting ) ) ) ) ( S ( NP-SBJ-1 ( DT the ) ( NN demon ) ) ( VP ( VBZ seems ) ( S ( VP ( TO to ) ( VP ( VB have ) ( VP ( VBN gone ) ) ) ) ) ) ) )

A half-hour later the woman is smiling and chatting the demon seems to have gone


( S ( CC But ) ( NP-SBJ ( NNP Mr. ) ( NNP Warren ) ) ( VP ( VBZ says ) ( SBAR ( S ( NP-SBJ ( DT the ) ( NN woman ) ) ( VP ( VBZ has ) ( NP ( NP ( JJ psychic ) ( NNS burns ) ) ( PP-LOC ( IN on ) ( NP ( PRP$ her ) ( NN back ) ) ) ( PP ( IN from ) ( NP ( DT the ) ( NN confrontation ) ) ) ) ) ) ) ) )

But Mr. Warren says the woman has psychic burns on her back from the confrontation


( S ( NP-SBJ-1 ( PRP She ) ) ( VP ( VBZ declines ) ( S ( VP ( TO to ) ( VP ( VB show ) ( NP ( PRP them ) ) ) ) ) ) )

She declines to show them


( S ( S-TPC-3 ( NP-SBJ ( DT This ) ) ( VP ( VBD was ) ( NP-PRD ( NP ( DT an ) ( JJ invisible ) ( JJ powerful ) ( NN force ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( VBZ 's ) ( ADJP-PRD ( RB almost ) ( JJ impossible ) ( SBAR ( IN for ) ( S ( NP-SBJ ( DT a ) ( NN layman ) ) ( VP ( TO to ) ( VP ( VB contemplate ) ) ) ) ) ) ) ) ) ) ) ) ( NP-SBJ ( NNP Mr. ) ( NNP Warren ) ) ( VP ( VBZ says ) ( ADVP-MNR ( RB solemnly ) ) ( SBAR-ADV ( IN as ) ( S ( NP-SBJ-4 ( DT the ) ( NN ghostbusting ) ( NN entourage ) ) ( VP ( VBZ packs ) ( PRT ( RP up ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB leave ) ) ) ) ) ) ) ) )

This was an invisible powerful force that 's almost impossible for a layman to contemplate Mr. Warren says solemnly as the ghostbusting entourage packs up to leave


( S-1 ( NP-TMP ( DT This ) ( NN time ) ) ( ADVP ( IN though ) ) ( PRN ( S ( NP-SBJ ( PRP he ) ) ( VP ( VBZ says ) ) ) ) ( NP-SBJ ( PRP I ) ) ( VP ( VBP think ) ( SBAR ( S ( NP-SBJ ( PRP we ) ) ( VP ( VBD got ) ( NP ( PRP it ) ) ) ) ) ) )

This time though he says I think we got it


( FRAG ( NP ( NP ( NNS Lyrics ) ) ( PP ( IN from ) ( NP-TTL ( NNP Ghostbusters ) ) ) ( PP ( IN by ) ( NP-LGS ( NNP Ray ) ( NNP S. ) ( NNP Parker ) ( NNP Jr. ) ) ) ) ( NP-TMP ( CD 1984 ) ) ( PP ( IN by ) ( NP ( NP ( NP ( NNP Golden ) ( NNP Torch ) ( NNP Music ) ( NNP Corp. ) ) ( PRN ( NP ( NNP ASCAP ) ) ) ) ( CC and ) ( NP ( NP ( NNP Raydiola ) ( NNP Music ) ) ( PRN ( NP ( NNP ASCAP ) ) ) ) ) ) )

Lyrics from Ghostbusters by Ray S. Parker Jr. 1984 by Golden Torch Music Corp. ASCAP and Raydiola Music ASCAP


( S ( NP-SBJ-1 ( NP ( DT All ) ( JJ administrative ) ( NNS rights ) ) ( PP ( IN for ) ( NP ( DT the ) ( NNP U.S. ) ) ) ) ( VP ( ADVP ( RB jointly ) ) ( VBN controlled ) ( PP ( IN by ) ( NP-LGS ( DT both ) ( NNS companies ) ) ) ) )

All administrative rights for the U.S. jointly controlled by both companies


( S ( NP-SBJ-1 ( JJ International ) ( NN copyright ) ) ( VP ( VBN secured ) ) )

International copyright secured


( S ( VP ( VBN Made ) ( PP-LOC ( IN in ) ( NP ( NNP USA ) ) ) ) )

Made in USA


( S ( NP-SBJ-1 ( DT All ) ( NNS rights ) ) ( VP ( VBN Reserved ) ) )

All rights Reserved


( S ( VP ( VBN Reprinted ) ( PP-MNR ( IN by ) ( NP ( NN permission ) ) ) ) )

Reprinted by permission


( S-HLN ( NP-SBJ ( NN Hospital ) ( NN Regulation ) ) ( VP ( VBZ Sparks ) ( NP ( NNP Kentucky ) ( NN Feud ) ) ) )

Hospital Regulation Sparks Kentucky Feud


( SBARQ ( WHNP-1 ( WDT WHICH ) ) ( SQ ( VP ( VBZ IS ) ( NP-PRD ( NP ( NP ( DT the ) ( JJS best ) ( NN medicine ) ) ( PP ( IN for ) ( NP ( JJ runaway ) ( NN health ) ( NNS costs ) ) ) ) ( NP ( NN competition ) ( CC or ) ( NN regulation ) ) ) ) ) )

WHICH IS the best medicine for runaway health costs competition or regulation


( S ( NP-SBJ ( DT The ) ( NN question ) ) ( VP ( VBZ is ) ( PP-LOC-PRD ( IN at ) ( NP ( NP ( DT the ) ( NN root ) ) ( PP ( IN of ) ( NP ( NP ( DT a ) ( NN brawl ) ) ( PP ( IN between ) ( NP ( NP ( NP ( NNP Humana ) ( NNP Inc. ) ) ( NP ( DT the ) ( JJ big ) ( JJ for-profit ) ( NN hospital ) ( CC and ) ( NN insurance ) ( NN company ) ) ) ( CC and ) ( NP ( NP ( PRP$ its ) ( JJ not-for-profit ) ( NNS brethren ) ) ( PP-LOC ( IN in ) ( NP ( NP ( PRP$ its ) ( NN home ) ( NN state ) ) ( PP ( IN of ) ( NP ( NNP Kentucky ) ) ) ) ) ) ) ) ) ) ) ) ) )

The question is at the root of a brawl between Humana Inc. the big for-profit hospital and insurance company and its not-for-profit brethren in its home state of Kentucky


( S ( NP-SBJ ( DT The ) ( NN battle ) ) ( VP ( VBZ focuses ) ( PP-CLR ( IN on ) ( NP ( NP ( NP ( DT the ) ( NN state ) ( POS 's ) ) ( NN certificate-of-need ) ( NN law ) ) ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( VP ( VBZ regulates ) ( NP ( NP ( NN investment ) ) ( PP-LOC ( IN in ) ( NP ( JJ new ) ( JJ medical ) ( NN technology ) ) ) ) ) ) ) ) ) ) )

The battle focuses on the state 's certificate-of-need law which regulates investment in new medical technology


( S ( NP-SBJ ( DT The ) ( NN law ) ) ( VP ( VBZ has ) ( VP ( VBN prevented ) ( NP ( NP ( QP ( CD 216 ) ( CD million ) ) ) ( PP ( IN of ) ( NP ( JJ unnecessary ) ( NNS expenditures ) ) ) ) ( PP-TMP ( IN since ) ( NP ( CD 1986 ) ) ) ( PP ( VBG according ) ( PP ( TO to ) ( NP ( NP ( NNP William ) ( NNP S. ) ( NNP Conn ) ) ( NP ( NP ( NN president ) ) ( PP ( IN of ) ( NP ( DT the ) ( NNP Kentucky ) ( NNP Hospital ) ( NNP Association ) ) ) ) ) ) ) ) ) )

The law has prevented 216 million of unnecessary expenditures since 1986 according to William S. Conn president of the Kentucky Hospital Association


( S ( CC But ) ( PP ( VBG according ) ( PP ( TO to ) ( NP ( NP ( NNP David ) ( NNP Jones ) ) ( NP ( NP ( NNP Humana ) ( POS 's ) ) ( JJ chief ) ( NN executive ) ) ) ) ) ( NP-SBJ ( PRP it ) ) ( VP ( VP ( VBZ promotes ) ( NP ( NN technology ) ( NNS monopolies ) ) ) ( VP ( VBZ stifles ) ( NP ( NN innovation ) ) ) ( CC and ) ( VP ( VBZ raises ) ( NP ( NNS prices ) ) ) ) )

But according to David Jones Humana 's chief executive it promotes technology monopolies stifles innovation and raises prices


( S ( SBAR-ADV ( IN If ) ( S ( NP-SBJ ( DT the ) ( NNP Legislature ) ) ( VP ( VBZ does ) ( RB n't ) ( VP ( VB repeal ) ( NP ( NP ( DT the ) ( NN law ) ) ( ADJP ( JJ due ) ( PP ( IN for ) ( NP ( NN revision ) ) ) ( PP-TMP ( IN in ) ( NP ( CD 1990 ) ) ) ) ) ) ) ) ) ( NP-SBJ ( NNP Mr. ) ( NNP Jones ) ) ( VP ( VBZ says ) ( SBAR ( S ( NP-SBJ ( NNP Humana ) ) ( VP ( MD may ) ( VP ( VB move ) ( NP ( NP ( PRP$ its ) ( NN insurance ) ( NNS operations ) ) ( PP ( VBG including ) ( NP ( NP ( CD 3,000 ) ( NNS jobs ) ) ( PP-LOC ( IN in ) ( NP ( NNP Louisville ) ) ) ) ) ) ( PP-DIR ( TO to ) ( NP ( DT another ) ( NN state ) ) ) ) ) ) ) ) )

If the Legislature does n't repeal the law due for revision in 1990 Mr. Jones says Humana may move its insurance operations including 3,000 jobs in Louisville to another state


( S ( NP-SBJ ( DT The ) ( NN company ) ) ( VP ( VBZ complains ) ( SBAR ( IN that ) ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBD paid ) ( NP ( QP ( CD 10 ) ( CD million ) ) ) ( PP-DTV ( TO to ) ( NP ( JJ non-Humana ) ( NNS hospitals ) ) ) ( PP-TMP ( IN in ) ( NP ( PRP$ its ) ( JJS latest ) ( JJ fiscal ) ( NN year ) ) ) ( PP-CLR ( IN for ) ( NP ( NP ( NNS services ) ) ( VP ( VBN provided ) ( PP-DTV ( TO to ) ( NP ( PRP$ its ) ( NN insurance ) ( NN plan ) ( NNS members ) ) ) ) ) ) ) ) ) ) )

The company complains that it paid 10 million to non-Humana hospitals in its latest fiscal year for services provided to its insurance plan members


( S ( CC But ) ( NP-SBJ ( NNP Humana ) ) ( VP ( VBZ says ) ( SBAR ( S ( NP-SBJ ( PRP$ its ) ( JJ own ) ( NNS facilities ) ) ( VP ( MD could ) ( VP ( VB serve ) ( NP ( PRP$ its ) ( VBN insured ) ) ( PP-CLR ( IN for ) ( NP ( JJR less ) ) ) ( SBAR-ADV ( IN if ) ( S ( NP-SBJ ( PRP they ) ) ( VP ( VBD were ) ( ADJP-PRD ( RB properly ) ( VBN equipped ) ) ) ) ) ) ) ) ) ) )

But Humana says its own facilities could serve its insured for less if they were properly equipped


( S ( NP-SBJ ( NNP Mr. ) ( NNP Conn ) ) ( VP ( VBZ charges ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NP ( NNP Humana ) ( POS 's ) ) ( JJ own ) ( NNS actions ) ) ( VP ( VBP undermine ) ( NP ( PRP$ its ) ( NN argument ) ) ) ) ) ) )

Mr. Conn charges that Humana 's own actions undermine its argument


( S ( SBAR-TMP ( WHADVP-1 ( WRB When ) ) ( S ( NP-SBJ ( NP ( DT a ) ( NN hospital ) ) ( PP-LOC ( IN in ) ( NP ( NNP Lexington ) ) ) ) ( VP ( VBD installed ) ( NP ( DT a ) ( NN lithotripter ) ) ( NP-TMP ( JJ last ) ( NN year ) ) ) ) ) ( NP-SBJ ( NP ( NN demand ) ) ( PP ( IN for ) ( NP ( DT a ) ( JJ similar ) ( NN kidney-stone ) ( NN smashing ) ( NN machine ) ) ) ( PP-LOC ( IN at ) ( NP ( NP ( DT a ) ( NNP Humana ) ( NN hospital ) ) ( PP-LOC ( IN in ) ( NP ( NNP Louisville ) ) ) ) ) ) ( VP ( VBD fell ) ( NP-EXT ( CD 34 ) ( NN % ) ) ) )

When a hospital in Lexington installed a lithotripter last year demand for a similar kidney-stone smashing machine at a Humana hospital in Louisville fell 34 %


( S-2 ( NP-SBJ-3 ( DT The ) ( NNP Humana ) ( NN hospital ) ) ( VP ( VP ( VBD responded ) ( PP-MNR ( IN by ) ( S-NOM ( VP ( VBG jacking ) ( PRT ( RP up ) ) ( NP ( NNS prices ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB make ) ( PRT ( RP up ) ) ( PP-CLR ( IN for ) ( NP ( VBN lost ) ( NN revenue ) ) ) ) ) ) ) ) ) ) ( PRN ( S ( NP-SBJ ( NNP Mr. ) ( NNP Conn ) ) ( VP ( VBZ says ) ) ) ) ( CC and ) ( VP ( ADVP-TMP ( RB now ) ) ( VBZ charges ) ( NP ( QP ( RB as ) ( JJ much ) ( IN as ) ( CD 8,000 ) ) ) ( PP-CLR ( IN for ) ( NP ( NP ( DT the ) ( NN procedure ) ) ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( VP ( VBZ costs ) ( ADVP ( RB only ) ) ( NP ( QP ( RB about ) ( CD 3,500 ) ) ) ( PP-LOC ( IN in ) ( NP ( NNP Lexington ) ) ) ) ) ) ) ) ) ) )

The Humana hospital responded by jacking up prices to make up for lost revenue Mr. Conn says and now charges as much as 8,000 for the procedure which costs only about 3,500 in Lexington


( S ( NP-SBJ ( NNP Humana ) ) ( VP ( VBZ contends ) ( SBAR ( SBAR ( IN that ) ( S ( NP-SBJ ( CD 8,000 ) ) ( VP ( VBZ represents ) ( NP ( DT an ) ( JJ extreme ) ( NN case ) ) ) ) ) ( CC and ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NP ( PRP$ its ) ( JJ regular ) ( NN charge ) ) ( PP ( IN for ) ( NP ( NN lithotripsy ) ) ) ) ( VP ( VBZ is ) ( NP-PRD ( CD 4,900 ) ) ) ) ) ) ) )

Humana contends that 8,000 represents an extreme case and that its regular charge for lithotripsy is 4,900


( S ( ADVP-TMP ( RB Meanwhile ) ) ( NP-SBJ ( NP ( NP ( DT another ) ( NN hospital ) ( POS 's ) ) ( NN proposal ) ) ( PP ( IN for ) ( NP ( DT a ) ( NN new-generation ) ( NN lithotripter ) ) ) ) ( VP ( VBZ is ) ( ADJP-PRD ( VBG pending ) ) ( PP-LOC ( IN before ) ( NP ( NP ( DT the ) ( NN board ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( VBZ administers ) ( NP ( DT the ) ( NN certificate-of-need ) ( NN law ) ) ) ) ) ) ) ) )

Meanwhile another hospital 's proposal for a new-generation lithotripter is pending before the board that administers the certificate-of-need law


( S ( NP-SBJ ( NP ( NNP Humana ) ) ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( VP ( VBZ wants ) ( S ( VP ( TO to ) ( VP ( VB acquire ) ( NP ( NP ( CD one ) ) ( PP ( IN of ) ( NP ( DT the ) ( JJ new ) ( NNS machines ) ) ) ) ( NP-ADV ( PRP itself ) ) ) ) ) ) ) ) ) ( VP ( VBZ is ) ( PP-PRD ( IN on ) ( NP ( DT the ) ( NN record ) ) ) ( PP ( IN as ) ( ADJP ( VBN opposed ) ( PP ( TO to ) ( NP ( DT the ) ( NN proposal ) ) ) ) ) ) )

Humana which wants to acquire one of the new machines itself is on the record as opposed to the proposal


( S-HLN ( NP-SBJ ( JJ Debt-Burdened ) ( NNS Doctors ) ) ( VP ( VBP Seek ) ( NP ( JJ Financial ) ( NN Security ) ) ) )

Debt-Burdened Doctors Seek Financial Security


( S ( NP-SBJ ( NN HEALTH-CARE ) ( NNS experts ) ) ( VP ( VBP have ) ( ADVP-TMP ( RB long ) ) ( VP ( VBN worried ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NP ( JJ young ) ( NNS doctors ) ) ( VP ( VBG emerging ) ( PP-DIR ( IN from ) ( NP ( JJ medical ) ( NN school ) ) ) ( PP-MNR ( IN with ) ( NP ( NP ( DT a ) ( NN mountain ) ) ( PP ( IN of ) ( NP ( NN debt ) ) ) ) ) ) ) ( VP ( MD will ) ( VP ( VB choose ) ( NP ( NP ( NNS careers ) ) ( PP-LOC ( IN in ) ( NP ( NP ( JJ high-paying ) ( NNS specialties ) ) ( PP ( RB instead ) ( IN of ) ( NP ( NP ( JJ primary ) ( NN care ) ) ( SBAR ( WHADVP-2 ( WRB where ) ) ( S ( NP-SBJ-1 ( JJR more ) ( NNS physicians ) ) ( VP ( VBP are ) ( VP ( VBN needed ) ( ADVP ( RBS most ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

HEALTH-CARE experts have long worried that young doctors emerging from medical school with a mountain of debt will choose careers in high-paying specialties instead of primary care where more physicians are needed most


( S ( ADVP-TMP ( RB Now ) ) ( NP-SBJ ( EX there ) ) ( VP ( VBZ 's ) ( NP-PRD ( NP ( DT a ) ( JJ new ) ( NN wrinkle ) ) ) ( PP-LOC ( IN in ) ( SBAR-NOM ( WHNP-1 ( WP what ) ) ( S ( NP-SBJ ( JJ young ) ( NNS doctors ) ) ( VP ( VBP want ) ) ) ) ) ( S-2 ( NP-SBJ ( NP ( QP ( JJR More ) ( IN than ) ( NN half ) ) ) ( PP ( IN of ) ( NP ( CD 300 ) ( NNS residents ) ) ) ( VP ( VBG responding ) ( PP-CLR ( TO to ) ( NP ( JJ recent ) ( NN survey ) ) ) ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP they ) ) ( VP ( MD 'd ) ( VP ( VB prefer ) ( NP ( DT a ) ( VBN guaranteed ) ( NN salary ) ) ( PP-CLR ( IN over ) ( NP ( JJ traditional ) ( JJ fee-for-service ) ( NN compensation ) ) ) ( PP-LOC ( IN in ) ( NP ( PRP$ their ) ( JJ first ) ( JJ professional ) ( NN position ) ) ) ) ) ) ) ) ) ) )

Now there 's a new wrinkle in what young doctors want More than half of 300 residents responding to recent survey said they 'd prefer a guaranteed salary over traditional fee-for-service compensation in their first professional position


( S ( CC And ) ( NP-SBJ ( CD 81 ) ( NN % ) ) ( VP ( VBD preferred ) ( NP ( DT a ) ( NN group ) ( NN practice ) ( CC or ) ( NN health ) ( NN maintenance ) ( NN organization ) ) ( SBAR-ADV ( IN while ) ( S ( NP-SBJ ( QP ( RB just ) ( CD 11 ) ) ( NN % ) ) ( VP ( VBD favored ) ( NP ( NN solo ) ( NN practice ) ) ) ) ) ) )

And 81 % preferred a group practice or health maintenance organization while just 11 % favored solo practice


( SINV ( S-TPC-2 ( ADVP-TMP ( NP ( CD Ten ) ( NNS years ) ) ( RB ago ) ) ( NP-SBJ-3 ( DT a ) ( NN physician ) ) ( VP ( MD would ) ( VP ( VP ( VB go ) ( PP-DIR ( TO to ) ( NP ( DT a ) ( NN town ) ) ) ) ( CC and ) ( VP ( VB take ) ( PRT ( RP out ) ) ( NP ( DT a ) ( NN loan ) ) ( PRN ( S-PRP ( VP ( TO to ) ( VP ( VB start ) ( NP ( DT a ) ( NN practice ) ) ) ) ) ) ) ) ) ) ( VP ( VBZ says ) ) ( NP-SBJ ( NP ( NNP James ) ( NNP Merritt ) ) ( NP ( NP ( NN president ) ) ( PP ( IN of ) ( NP ( NP ( NNP Merritt ) ( NNP Hawkins ) ( CC & ) ( NNP Associates ) ) ( NP ( NP ( DT an ) ( NAC-LOC ( NNP Irvine ) ( NNP Calif. ) ) ( NN physician ) ( NN recruiter ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( VBD conducted ) ( NP ( DT the ) ( NN survey ) ) ) ) ) ) ) ) ) ) )

Ten years ago a physician would go to a town and take out a loan to start a practice says James Merritt president of Merritt Hawkins & Associates an Irvine Calif. physician recruiter that conducted the survey


( S ( NP-SBJ ( PRP They ) ) ( VP ( MD wo ) ( RB n't ) ( VP ( VB do ) ( NP ( DT that ) ) ( ADVP-TMP ( RB very ) ( RB often ) ) ( NP-TMP ( NN today ) ) ( ADVP ( IN at ) ( DT all ) ) ) ) )

They wo n't do that very often today at all


( S ( NP-SBJ ( PRP They ) ) ( VP ( VBP 're ) ( VP ( VBG looking ) ( PP-CLR ( IN for ) ( NP ( NP ( NN something ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( VBZ 's ) ( ADJP-PRD ( RB very ) ( JJ safe ) ) ) ) ) ) ) ) ) )

They 're looking for something that 's very safe


( FRAG ( NP ( NP ( DT The ) ( NNS numbers ) ) ( PP-LOC ( IN behind ) ( NP ( JJ such ) ( NNS fears ) ) ) ) ( SINV ( S-TPC-1 ( NP-SBJ ( NP ( DT The ) ( JJ average ) ( NN debt ) ) ( PP ( IN of ) ( NP ( NP ( JJ medical ) ( NN school ) ( NNS graduates ) ) ( SBAR ( WHNP-3 ( WP who ) ) ( S ( VP ( VBD borrowed ) ( S-PRP ( VP ( TO to ) ( VP ( VB pay ) ( PP-CLR ( IN for ) ( NP ( PRP$ their ) ( NN education ) ) ) ) ) ) ) ) ) ) ) ) ( VP ( VBD jumped ) ( NP-EXT ( CD 10 ) ( NN % ) ) ( PP-DIR ( TO to ) ( NP ( CD 42,374 ) ) ( NP-TMP ( DT this ) ( NN year ) ) ) ( PP-DIR ( IN from ) ( NP ( CD 38,489 ) ) ( PP-TMP ( IN in ) ( NP ( CD 1988 ) ) ) ) ) ) ( VP ( VBZ says ) ) ( NP-SBJ ( NP ( DT the ) ( NNP Association ) ) ( PP ( IN of ) ( NP ( NNP American ) ( NNP Medical ) ( NNP Colleges ) ) ) ) ) )

The numbers behind such fears The average debt of medical school graduates who borrowed to pay for their education jumped 10 % to 42,374 this year from 38,489 in 1988 says the Association of American Medical Colleges


( S ( NP-SBJ ( DT That ) ) ( VP ( VBZ 's ) ( ADJP-PRD ( ADJP ( NP-ADV ( CD 115 ) ( NN % ) ) ( JJR more ) ) ( PP ( IN than ) ( PP-TMP ( IN in ) ( NP ( CD 1981 ) ) ) ) ) ) )

That 's 115 % more than in 1981


( S ( NP-SBJ ( NN Money ) ) ( VP ( VBZ is ) ( RB n't ) ( NP-PRD ( NP ( DT the ) ( JJ only ) ( NN reason ) ) ( PP ( IN for ) ( NP ( NP ( DT the ) ( NN shift ) ) ( PP-LOC ( IN in ) ( NP ( NN practice ) ( NNS preferences ) ) ) ) ) ) ) )

Money is n't the only reason for the shift in practice preferences


( SINV ( S-3 ( NP-SBJ ( PRP It ) ) ( VP ( VBZ reflects ) ( NP ( NP ( NNS values ) ) ( PP ( IN of ) ( NP ( NP ( DT a ) ( NN generation ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( VBZ wants ) ( NP ( NP ( JJR more ) ( NN time ) ) ( PP ( IN for ) ( NP ( NP ( NNS families ) ) ( CC and ) ( NP ( JJ personal ) ( NNS interests ) ) ) ) ) ) ) ) ) ) ) ) ) ( VP ( VBZ says ) ) ( NP-SBJ ( NP ( NNP John ) ( NNP H. ) ( NNP Moxley ) ( NNP III ) ) ( SBAR ( WHNP-2 ( WP who ) ) ( S ( VP ( VBZ directs ) ( NP ( JJ physician-executive ) ( NNS searches ) ) ( PP ( IN for ) ( NP ( NNP Korn\/Ferry ) ( NNP International ) ) ) ) ) ) ) )

It reflects values of a generation that wants more time for families and personal interests says John H. Moxley III who directs physician-executive searches for Korn\/Ferry International


( S ( S-TPC-1 ( NP-SBJ ( DT This ) ) ( VP ( VBZ is ) ( NP-PRD ( NP ( DT a ) ( NN change ) ) ( PP ( IN in ) ( NP ( NP ( DT the ) ( JJ social ) ( NN fabric ) ) ( PP ( IN of ) ( NP ( NN medicine ) ) ) ) ) ) ) ) ( NP-SBJ ( PRP he ) ) ( VP ( VBZ says ) ) )

This is a change in the social fabric of medicine he says


( S-HLN ( NP-SBJ ( JJ Related ) ( NNS Roommates ) ) ( VP ( VBP Trim ) ( NP ( NN Hospital ) ( NNS Bills ) ) ) )

Related Roommates Trim Hospital Bills


( S ( SBAR-TMP ( WHADVP-1 ( WRB WHEN ) ) ( S ( NP-SBJ ( NNP Catherine ) ( NNP Bobar ) ) ( VP ( VBD spent ) ( NP-TMP ( JJ several ) ( NNS weeks ) ) ( PP-LOC ( IN at ) ( NP ( NP ( DT the ) ( NNP Medical ) ( NNP Center ) ) ( PP ( IN of ) ( NP ( NNP Vermont ) ) ) ) ) ( ADVP-TMP ( RB recently ) ) ( PP ( IN with ) ( NP ( NP ( DT a ) ( NN bone ) ( NN infection ) ) ( PP ( IN in ) ( NP ( PRP$ her ) ( NN toe ) ) ) ) ) ) ) ) ( NP-SBJ ( PRP she ) ) ( VP ( VBD shared ) ( NP ( DT a ) ( NN room ) ) ( PP ( RB just ) ( IN like ) ( NP ( JJS most ) ( NNS patients ) ) ) ) )

WHEN Catherine Bobar spent several weeks at the Medical Center of Vermont recently with a bone infection in her toe she shared a room just like most patients


( S ( CC But ) ( PP ( IN unlike ) ( NP ( JJS most ) ( NNS patients ) ) ) ( NP-SBJ ( PRP$ her ) ( NN roommate ) ) ( VP ( VBD was ) ( NP-PRD ( PRP$ her ) ( NN husband ) ) ) )

But unlike most patients her roommate was her husband


( S ( S-TPC-1 ( NP-SBJ ( NP ( PRP It ) ) ) ( VP ( VBD was ) ( ADVP ( RB certainly ) ) ( ADJP-PRD ( JJ good ) ) ( S-3 ( VP ( TO to ) ( VP ( VB have ) ( S ( NP-SBJ ( PRP him ) ) ( ADJP-PRD ( JJ handy ) ) ) ) ) ) ) ) ( NP-SBJ ( NNP Mrs. ) ( NNP Bobar ) ) ( VP ( VBZ says ) ) )

It was certainly good to have him handy Mrs. Bobar says


( S ( NP-SBJ ( DT The ) ( JJ 12-bed ) ( JJ cooperative ) ( NN care ) ( NN unit ) ) ( VP ( VBZ is ) ( NP-PRD ( NP ( CD one ) ) ( PP ( IN of ) ( NP ( NP ( QP ( RB about ) ( CD 18 ) ) ) ( ADVP-LOC ( JJ nationwide ) ) ( SBAR ( WHADVP-1 ( WRB where ) ) ( S ( NP-SBJ ( DT a ) ( NN family ) ( NN member ) ( CC or ) ( NN friend ) ) ( VP ( VBZ helps ) ( VP ( VB care ) ( PP-CLR ( IN for ) ( NP ( NP ( DT a ) ( NN patient ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NN hospital ) ) ) ) ) ) ) ) ) ) ) ) ) )

The 12-bed cooperative care unit is one of about 18 nationwide where a family member or friend helps care for a patient in the hospital


( SINV ( S-TPC-1 ( NP-SBJ ( DT The ) ( NN philosophy ) ) ( VP ( VBZ is ) ( S-PRD ( VP ( TO to ) ( VP ( VB make ) ( S ( NP-SBJ ( NP ( DT the ) ( NN patient ) ) ( CC and ) ( NP ( DT the ) ( NN family ) ) ) ( ADJP-PRD ( RB very ) ( JJ responsible ) ( PP ( IN for ) ( NP ( NP ( DT a ) ( NN portion ) ) ( PP ( IN of ) ( NP ( PRP$ their ) ( JJ own ) ( NN care ) ) ) ) ) ) ) ) ) ) ) ) ( VP ( VBZ says ) ) ( NP-SBJ ( NP ( NNP Anthony ) ( NNP J. ) ( NNP Grieco ) ) ( NP ( NP ( JJ medical ) ( NN director ) ) ( PP ( IN of ) ( NP ( JJ cooperative ) ( NN care ) ) ) ( PP-LOC ( IN at ) ( NP ( NP ( NNP New ) ( NNP York ) ( NNP University ) ( NNP Medical ) ( NNP Center ) ) ( SBAR ( WHADVP-2 ( WRB where ) ) ( S ( NP-SBJ ( DT the ) ( NN concept ) ) ( VP ( VBD began ) ( ADVP-TMP-CLR ( NP ( CD 10 ) ( NNS years ) ) ( RB ago ) ) ) ) ) ) ) ) ) )

The philosophy is to make the patient and the family very responsible for a portion of their own care says Anthony J. Grieco medical director of cooperative care at New York University Medical Center where the concept began 10 years ago


( S ( S ( NP-SBJ ( PRP It ) ) ( VP ( VBZ helps ) ( NP ( NP ( PRP us ) ) ( CC and ) ( NP ( PRP them ) ) ) ( SBAR-TMP ( IN while ) ( S ( NP-SBJ ( PRP they ) ) ( VP ( VBP 're ) ( ADVP-LOC-PRD ( RB here ) ) ) ) ) ) ) ( CC and ) ( S ( NP-SBJ ( PRP it ) ) ( ADVP ( RB certainly ) ) ( VP ( VBZ makes ) ( S ( NP-SBJ ( PRP them ) ) ( NP-PRD ( DT a ) ( JJR better ) ( NN health-care ) ( NN team ) ) ( SBAR-TMP ( WHADVP-1 ( WRB when ) ) ( S ( NP-SBJ ( PRP they ) ) ( VP ( VBP get ) ( ADVP-LOC-CLR ( NN home ) ) ) ) ) ) ) ) )

It helps us and them while they 're here and it certainly makes them a better health-care team when they get home


( S ( NP-SBJ ( PRP It ) ) ( ADVP ( RB also ) ) ( VP ( VBZ saves ) ( NP ( NN money ) ) ) )

It also saves money


( S ( SBAR-PRP ( IN Because ) ( S ( NP-SBJ ( NNS patients ) ) ( VP ( VBP require ) ( NP ( NP ( JJR less ) ( NN attention ) ) ( PP ( IN from ) ( NP ( NP ( NNS nurses ) ) ( CC and ) ( NP ( JJ other ) ( NN staff ) ) ) ) ) ) ) ) ( NP-SBJ ( NN room ) ( NNS charges ) ) ( VP ( VBP are ) ( ADJP-PRD ( ADJP ( JJR lower ) ) ( ADJP ( ADJP ( NP-ADV ( QP ( RB about ) ( CD 100 ) ) ) ( JJR less ) ( PP ( IN per ) ( NP ( NN day ) ) ) ) ( PP ( IN than ) ( NP ( NP ( DT a ) ( JJ regular ) ( NN room ) ) ( PP-LOC ( IN at ) ( NP ( DT the ) ( NNP Vermont ) ( NN hospital ) ) ) ) ) ) ) ) )

Because patients require less attention from nurses and other staff room charges are lower about 100 less per day than a regular room at the Vermont hospital


( S ( NP-SBJ ( NP ( NP ( NN Cancer ) ( NNS patients ) ) ( VP ( VBG needing ) ( NP ( JJ prolonged ) ( NN radiation ) ( NN therapy ) ) ) ) ( NP ( NP ( NNS diabetics ) ) ( VP ( VBG learning ) ( S ( VP ( TO to ) ( VP ( VB manage ) ( NP ( PRP$ their ) ( NN blood ) ( NN sugar ) ( NNS levels ) ) ) ) ) ) ) ( CC and ) ( NP ( JJ cardiac ) ( NN bypass ) ( NNS patients ) ) ) ( VP ( VBP are ) ( PP-LOC-PRD ( IN among ) ( NP ( NP ( DT those ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( VBP spend ) ( NP ( NN time ) ) ( PP-CLR ( IN on ) ( NP ( JJ cooperative-care ) ( NNS units ) ) ) ) ) ) ) ) ) )

Cancer patients needing prolonged radiation therapy diabetics learning to manage their blood sugar levels and cardiac bypass patients are among those who spend time on cooperative-care units


( S ( NP-SBJ ( DT The ) ( NN approach ) ) ( VP ( VBZ has ) ( VP ( VBN generated ) ( NP ( NP ( ADJP ( RB so ) ( JJ much ) ) ( NN interest ) ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NNP NYU ) ) ( VP ( VBZ is ) ( NP-PRD ( NP ( NN host ) ) ( PP ( TO to ) ( NP ( NP ( DT the ) ( JJ first ) ( NN conference ) ) ( PP ( IN on ) ( NP ( JJ cooperative ) ( NN care ) ) ) ( NP-TMP ( NNP Nov. ) ( CD 30 ) ) ) ) ) ) ) ) ) ) ) )

The approach has generated so much interest that NYU is host to the first conference on cooperative care Nov. 30


( S ( S-TPC-1 ( NP-SBJ ( PRP It ) ) ( VP ( VBZ 's ) ( ADVP ( RB really ) ) ( NP-PRD ( NP ( NN part ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( NN hospital ) ) ( PP ( IN of ) ( NP ( DT the ) ( JJ 21st ) ( NN century ) ) ) ) ) ) ) ) ( NP-SBJ ( NNP Dr. ) ( NNP Grieco ) ) ( VP ( VBZ says ) ) )

It 's really part of the hospital of the 21st century Dr. Grieco says


( NP-HLN ( NNS Odds ) ( CC and ) ( NNS Ends ) )

Odds and Ends


( S ( S ( NP-SBJ ( DT THE ) ( JJ CHIEF ) ( NN NURSING ) ( NN officer ) ) ( VP ( MD can ) ( VP ( VB be ) ( ADJP-PRD ( JJ responsible ) ( PP ( IN for ) ( NP ( NP ( QP ( JJR more ) ( IN than ) ( CD 1,000 ) ) ( NNS employees ) ) ( CC and ) ( NP ( NP ( QP ( IN at ) ( JJS least ) ( JJ one-third ) ) ) ( PP ( IN of ) ( NP ( NP ( DT a ) ( NN hospital ) ( POS 's ) ) ( NN budget ) ) ) ) ) ) ) ) ) ) ( S ( NP-SBJ ( DT a ) ( NN head ) ( NN nurse ) ) ( ADVP ( RB typically ) ) ( VP ( VBZ oversees ) ( NP ( NP ( QP ( IN up ) ( TO to ) ( CD 80 ) ) ( NNS employees ) ) ( CC and ) ( NP ( QP ( CD 8 ) ( CD million ) ) ) ) ) ) )

THE CHIEF NURSING officer can be responsible for more than 1,000 employees and at least one-third of a hospital 's budget a head nurse typically oversees up to 80 employees and 8 million


( SINV ( ADVP-CLR-TPC-3 ( RB So ) ) ( VP ( VBZ says ) ) ( NP-SBJ ( NP ( DT the ) ( NNP Commonwealth ) ( NNP Fund ) ) ( NP ( NP ( DT a ) ( NNP New ) ( NNP York ) ( NN philanthropist ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( VBZ 's ) ( VP ( VBG sponsoring ) ( NP ( NP ( DT a ) ( ADJP ( QP ( CD 1 ) ( CD million ) ) ) ( NN project ) ) ( SBAR ( S ( VP ( TO to ) ( VP ( VB develop ) ( NP ( NP ( JJ joint ) ( NNS masters ) ) ( PP-LOC ( IN in ) ( NP ( NN business ) ( CC and ) ( NN nursing ) ( NNS programs ) ) ) ) ( PP-LOC ( IN at ) ( NP ( CD 10 ) ( NNS universities ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

So says the Commonwealth Fund a New York philanthropist that 's sponsoring a 1 million project to develop joint masters in business and nursing programs at 10 universities


( S ( NP-SBJ ( NP ( NNP Meharry ) ( NNP Medical ) ( NNP College ) ) ( PP-LOC ( IN in ) ( NP ( NP ( NNP Nashville ) ) ( NP ( NNP Tenn. ) ) ) ) ) ( VP ( VBZ launches ) ( NP ( NP ( DT a ) ( JJ new ) ( NN research ) ( NN publication ) ) ) ( PP-TMP ( IN in ) ( NP ( DT the ) ( NN spring ) ) ) ( NP-1 ( NP ( DT the ) ( NNP Journal ) ) ( PP ( IN on ) ( NP ( NP ( NNP Health ) ( NNP Care ) ) ( PP ( IN for ) ( NP ( DT the ) ( ADJP ( NNP Poor ) ( CC and ) ( NNP Underserved ) ) ) ) ) ) ) ) )

Meharry Medical College in Nashville Tenn. launches a new research publication in the spring the Journal on Health Care for the Poor and Underserved


( S ( NP-SBJ-1 ( NN Copper ) ( NNS futures ) ( NNS prices ) ) ( VP ( VBD failed ) ( S ( VP ( TO to ) ( VP ( VB extend ) ( NP ( NP ( NNP Friday ) ( POS 's ) ) ( NN rally ) ) ) ) ) ) )

Copper futures prices failed to extend Friday 's rally


( S ( NP-SBJ ( NNS Declines ) ) ( VP ( VBD came ) ( PP-PRP ( RB because ) ( IN of ) ( NP ( NN concern ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NP ( NN demand ) ) ( PP ( IN for ) ( NP ( NN copper ) ) ) ) ( VP ( MD may ) ( VP ( VB slow ) ( PRT ( RP down ) ) ) ) ) ) ) ) ) )

Declines came because of concern that demand for copper may slow down


( S ( NP-SBJ-2 ( DT The ) ( NNP December ) ( NN contract ) ) ( VP ( VBD was ) ( ADVP-PRD ( RB down ) ( NP ( NP ( CD three ) ( NNS cents ) ) ( NP-ADV ( DT a ) ( NN pound ) ) ) ) ( S-ADV ( VP ( VBG settling ) ( PP-CLR ( IN at ) ( NP ( NP ( CD 1.1280 ) ) ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( VP ( VBD was ) ( PP-PRD ( RB just ) ( IN above ) ( NP ( NP ( NP ( DT the ) ( NN day ) ( POS 's ) ) ( NN low ) ) ( PP ( IN of ) ( NP ( CD 1.1270 ) ) ) ) ) ) ) ) ) ) ) ) ) )

The December contract was down three cents a pound settling at 1.1280 which was just above the day 's low of 1.1270


( S ( S ( NP-SBJ ( NNS Futures ) ( NNS prices ) ) ( VP ( VBD fell ) ( PP-TMP ( IN during ) ( NP ( QP ( CD three ) ( IN of ) ( CD five ) ) ( NNS sessions ) ) ) ( NP-TMP ( JJ last ) ( NN week ) ) ) ) ( CC and ) ( S ( NP-SBJ ( NP ( DT the ) ( NNS losses ) ) ( ADVP ( RB individually ) ( CC and ) ( RB cumulatively ) ) ) ( VP ( VBD were ) ( ADJP-PRD ( ADJP ( JJR greater ) ) ( PP ( IN than ) ( NP ( DT the ) ( NNS advances ) ) ) ) ) ) )

Futures prices fell during three of five sessions last week and the losses individually and cumulatively were greater than the advances


( S ( NP-SBJ-1 ( NP ( NP ( CD Two ) ) ( PP ( IN of ) ( NP ( DT the ) ( JJ major ) ( NNS factors ) ) ) ( VP ( VBG buoying ) ( NP ( NNS prices ) ) ) ) ( NP ( NP ( DT the ) ( JJ prolonged ) ( NNS strikes ) ) ( PP ( IN at ) ( NP ( NP ( NP ( DT the ) ( NNP Highland ) ( NNP Valley ) ( NN mine ) ) ( PP-LOC ( IN in ) ( NP ( NNP Canada ) ) ) ) ( CC and ) ( NP ( NP ( DT the ) ( NNP Cananea ) ( NN mine ) ) ( PP-LOC ( IN in ) ( NP ( NNP Mexico ) ) ) ) ) ) ) ) ( VP ( VBD were ) ( ADVP ( RB finally ) ) ( VP ( VBN resolved ) ) ) )

Two of the major factors buoying prices the prolonged strikes at the Highland Valley mine in Canada and the Cananea mine in Mexico were finally resolved


( S ( ADVP ( RB Also ) ) ( S-TPC-1 ( NP-SBJ ( NP ( DT the ) ( NNS premiums ) ) ( VP ( VBN paid ) ( PP ( IN by ) ( NP-LGS ( DT the ) ( NNP U.S. ) ( NN government ) ) ) ( PP ( IN on ) ( NP ( NP ( DT a ) ( NN purchase ) ) ( PP ( IN of ) ( NP ( NN copper ) ) ) ( PP ( IN for ) ( NP ( DT the ) ( NNP U.S. ) ( NNP Mint ) ) ) ) ) ) ) ( VP ( VP ( VBD were ) ( ADJP-PRD ( ADJP ( JJR lower ) ) ( SBAR ( IN than ) ( S ( VP ( VBN expected ) ) ) ) ) ) ( CC and ) ( VP ( VBD acted ) ( PP-CLR ( IN as ) ( NP ( DT a ) ( NN price ) ( NN depressant ) ) ) ) ) ) ( NP-SBJ ( NNS analysts ) ) ( VP ( VBD said ) ) )

Also the premiums paid by the U.S. government on a purchase of copper for the U.S. Mint were lower than expected and acted as a price depressant analysts said


( S ( NP-SBJ ( DT The ) ( NN mint ) ( NNS purchases ) ) ( VP ( VBD were ) ( PP-PRD ( IN at ) ( NP ( NP ( NNS premiums ) ) ( PP ( NP-ADV ( NP ( QP ( RB about ) ( CD 4 ) ( CD 1\/2 ) ) ( NNS cents ) ) ( NP-ADV ( DT a ) ( NN pound ) ) ) ( IN above ) ( NP ( NP ( DT the ) ( JJ respective ) ( NNS prices ) ) ( PP ( IN for ) ( NP ( DT the ) ( NN copper ) ) ) ) ) ) ) ) )

The mint purchases were at premiums about 4 1\/2 cents a pound above the respective prices for the copper


( S ( PP-TMP ( IN At ) ( NP ( DT the ) ( NN time ) ) ) ( NP-SBJ ( NNS merchants ) ) ( VP ( VBD were ) ( VP ( VBG asking ) ( PP-CLR ( IN for ) ( NP ( NP ( NNS premiums ) ) ( PP ( IN of ) ( NP ( NP ( QP ( RB about ) ( CD five ) ) ( NNS cents ) ) ( NP-ADV ( DT a ) ( NN pound ) ) ) ) ) ) ) ) )

At the time merchants were asking for premiums of about five cents a pound


( S ( NP-SBJ ( DT All ) ( DT this ) ) ( VP ( VBZ has ) ( VP ( VBN led ) ( PP-DIR ( TO to ) ( NP ( NP ( VBN prolonged ) ( NN selling ) ) ( PP ( IN in ) ( NP ( NNS futures ) ) ) ( PP ( ADVP ( RB mostly ) ) ( IN on ) ( NP ( NP ( DT the ) ( NN part ) ) ( PP ( IN of ) ( NP ( JJ computer-guided ) ( NNS funds ) ) ) ) ) ) ) ) ) )

All this has led to prolonged selling in futures mostly on the part of computer-guided funds


( S ( NP-SBJ ( NNS Prices ) ) ( VP ( VP ( VBD fell ) ( PP-DIR ( IN through ) ( NP ( NP ( NNS levels ) ) ( VP ( VBN regarded ) ( PP-CLR ( IN as ) ( NP ( JJ important ) ( NN support ) ( NNS areas ) ) ) ) ) ) ) ( SBAR-ADV ( WHNP-1 ( WDT which ) ) ( S ( VP ( VBD added ) ( PP-CLR ( TO to ) ( NP ( DT the ) ( NN selling ) ) ) ) ) ) ) )

Prices fell through levels regarded as important support areas which added to the selling


( S ( NP-SBJ ( NP ( DT The ) ( NN reluctance ) ) ( PP ( IN of ) ( NP ( NNS traders ) ) ) ( S-1 ( VP ( TO to ) ( VP ( VB buy ) ( NP ( NNS contracts ) ) ) ) ) ) ( VP ( VBZ indicates ) ( SBAR ( IN that ) ( S ( NP-SBJ-2 ( PRP they ) ) ( VP ( VBP have ) ( VP ( VBN begun ) ( S ( VP ( VBG focusing ) ( PP-CLR ( IN on ) ( NP ( NP ( NN demand ) ) ( PP ( RB rather ) ( IN than ) ( NP ( NN supply ) ) ) ) ) ) ) ) ) ) ) ) )

The reluctance of traders to buy contracts indicates that they have begun focusing on demand rather than supply


( S ( NP-SBJ ( QP ( IN At ) ( JJS least ) ( CD one ) ) ( NN analyst ) ) ( VP ( VBD noted ) ( SBAR ( IN that ) ( S ( SBAR-ADV ( IN as ) ( S ( NP-SBJ ( NN production ) ) ( VP ( VBZ improves ) ) ) ) ( NP-SBJ ( NP ( DT the ) ( NN concern ) ) ( PP ( IN among ) ( NP ( NNS traders ) ) ) ) ( VP ( VBZ is ) ( SBAR-PRD ( IN whether ) ( S ( NP-SBJ ( DT the ) ( JJ prospective ) ( VBN increased ) ( NN supply ) ) ( VP ( MD will ) ( VP ( VB find ) ( NP ( NNS buyers ) ) ) ) ) ) ( ADVP-PRP ( RB because ) ( PP ( IN of ) ( NP ( NP ( NN uncertainty ) ) ( PP ( IN over ) ( NP ( JJ national ) ( NNS economies ) ) ) ) ) ) ) ) ) ) )

At least one analyst noted that as production improves the concern among traders is whether the prospective increased supply will find buyers because of uncertainty over national economies


( S ( S-TPC-2 ( NP-SBJ-3 ( NP ( NN Demand ) ) ( PP ( IN from ) ( NP ( NNP Japan ) ) ) ) ( VP ( VBZ is ) ( VP ( VBN expected ) ( S ( VP ( TO to ) ( VP ( VB continue ) ( S-CLR ( ADJP-PRD ( JJ strong ) ) ) ) ) ) ( FRAG-ADV ( CC but ) ( RB not ) ( PP ( IN from ) ( NP ( NP ( JJ other ) ( NNS areas ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN world ) ) ) ) ) ( PP-TMP ( IN into ) ( NP ( NP ( DT the ) ( JJ first ) ( NN quarter ) ) ( PP ( IN of ) ( NP ( JJ next ) ( NN year ) ) ) ) ) ) ) ) ) ( NP-SBJ ( PRP he ) ) ( VP ( VBD said ) ) )

Demand from Japan is expected to continue strong but not from other areas of the world into the first quarter of next year he said


( S ( NP-SBJ ( NNP Japan ) ) ( ADVP ( RB normally ) ) ( VP ( VBZ depends ) ( ADVP ( RB heavily ) ) ( PP-CLR ( IN on ) ( NP ( NP ( DT the ) ( NNP Highland ) ( NNP Valley ) ( CC and ) ( NNP Cananea ) ( NNS mines ) ) ( CONJP ( RB as ) ( RB well ) ( IN as ) ) ( NP ( NP ( DT the ) ( NNP Bougainville ) ( NN mine ) ) ( PP-LOC ( IN in ) ( NP ( NNP Papua ) ( NNP New ) ( NNP Guinea ) ) ) ) ) ) ) )

Japan normally depends heavily on the Highland Valley and Cananea mines as well as the Bougainville mine in Papua New Guinea


( S ( ADVP-TMP ( RB Recently ) ) ( NP-SBJ ( NNP Japan ) ) ( VP ( VBZ has ) ( VP ( VBN been ) ( VP ( VBG buying ) ( NP ( NN copper ) ) ( ADVP-LOC ( RB elsewhere ) ) ) ) ) )

Recently Japan has been buying copper elsewhere


( S ( CC But ) ( SBAR-TMP ( IN as ) ( S ( NP-SBJ-2 ( NP ( NNP Highland ) ( NNP Valley ) ) ( CC and ) ( NP ( NNP Cananea ) ) ) ( VP ( VB begin ) ( S ( VP ( VBG operating ) ) ) ) ) ) ( NP-SBJ-1 ( PRP they ) ) ( VP ( VBP are ) ( VP ( VBN expected ) ( S ( VP ( TO to ) ( VP ( VB resume ) ( NP ( NP ( PRP$ their ) ( NNS roles ) ) ( PP ( IN as ) ( NP ( NP ( NNP Japan ) ( POS 's ) ) ( NNS suppliers ) ) ) ) ) ) ) ) ) )

But as Highland Valley and Cananea begin operating they are expected to resume their roles as Japan 's suppliers


( S ( PP ( VBG According ) ( PP ( TO to ) ( NP ( NP ( NNP Fred ) ( NNP Demler ) ) ( NP ( NP ( NNS metals ) ( NN economist ) ) ( PP ( IN for ) ( NP ( NP ( NNP Drexel ) ( NNP Burnham ) ( NNP Lambert ) ) ( NP-LOC ( NNP New ) ( NNP York ) ) ) ) ) ) ) ) ( S ( NP-SBJ-1 ( NNP Highland ) ( NNP Valley ) ) ( VP ( VBZ has ) ( ADVP ( RB already ) ) ( VP ( VBN started ) ( S ( VP ( VBG operating ) ) ) ) ) ) ( CC and ) ( S ( NP-SBJ-2 ( NNP Cananea ) ) ( VP ( VBZ is ) ( VP ( VBN expected ) ( S ( VP ( TO to ) ( VP ( VB do ) ( ADVP-PRD ( RB so ) ) ( ADVP-TMP ( RB soon ) ) ) ) ) ) ) ) )

According to Fred Demler metals economist for Drexel Burnham Lambert New York Highland Valley has already started operating and Cananea is expected to do so soon


( S ( NP-SBJ-1 ( DT The ) ( NNP Bougainville ) ( NN mine ) ) ( VP ( VBZ is ) ( VP ( ADVP ( RB generally ) ) ( VBN expected ) ( S ( VP ( TO to ) ( VP ( VB remain ) ( ADJP-PRD ( JJ closed ) ) ( PP-TMP ( IN until ) ( NP ( NP ( ADVP ( IN at ) ( JJS least ) ) ( DT the ) ( NN end ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN year ) ) ) ) ) ) ) ) ) ) )

The Bougainville mine is generally expected to remain closed until at least the end of the year


( S ( NP-SBJ ( PRP It ) ) ( VP ( VBZ has ) ( RB n't ) ( VP ( VBN been ) ( VP ( VBG operating ) ( PP-TMP ( IN since ) ( NP ( NNP May ) ( CD 15 ) ) ) ( PP-PRP ( IN because ) ( IN of ) ( NP ( NP ( NNS attacks ) ) ( PP ( IN by ) ( NP ( JJ native ) ( NNS landowners ) ) ) ) ) ) ) ) )

It has n't been operating since May 15 because of attacks by native landowners


( S ( NP-SBJ-1 ( DT A ) ( JJ recent ) ( NN attempt ) ( S ( VP ( TO to ) ( VP ( VB resume ) ( NP ( NNS operations ) ) ) ) ) ) ( VP ( VBD was ) ( VP ( VBN cut ) ( S ( ADJP-PRD ( JJ short ) ) ) ( ADVP-MNR ( RB quickly ) ) ( PP ( IN by ) ( NP-LGS ( DT these ) ( NNS attacks ) ) ) ) ) )

A recent attempt to resume operations was cut short quickly by these attacks


( S ( ADVP ( RB However ) ) ( NP-SBJ ( NNS traders ) ) ( VP ( VBD disregarded ) ( NP ( NP ( NP ( DT a ) ( JJ potential ) ( NN production ) ( NN disruption ) ) ( PP-LOC ( IN in ) ( NP ( NNP Chile ) ) ) ) ( CC and ) ( NP ( NP ( DT a ) ( VBN continued ) ( NN drop ) ) ( PP-LOC ( IN in ) ( NP ( NNS inventories ) ) ) ) ) ) )

However traders disregarded a potential production disruption in Chile and a continued drop in inventories


( S ( NP-SBJ-2 ( NP ( NNS Workers ) ) ( PP ( IN at ) ( NP ( NP ( CD two ) ( JJ Chilean ) ( NNS mines ) ) ( NP ( NP ( NNP Los ) ( NNP Bronces ) ) ( CC and ) ( NP ( NNP El ) ( NNP Soldado ) ) ) ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( VP ( VBP belong ) ( PP-CLR ( TO to ) ( NP ( DT the ) ( JJ Exxon-owned ) ( NNP Minera ) ( NNP Disputado ) ( NN group ) ) ) ) ) ) ) ) ) ( VP ( MD will ) ( VP ( VB vote ) ( NP-TMP ( NNP Thursday ) ) ( PP-CLR ( IN on ) ( SBAR ( IN whether ) ( S ( VP ( TO to ) ( VP ( VB strike ) ( SBAR-TMP ( RB after ) ( S ( NP-SBJ ( DT a ) ( JJ two-year ) ( NN labor ) ( NN pact ) ) ( VP ( VBZ ends ) ( NP-TMP ( NN today ) ) ) ) ) ) ) ) ) ) ) ) )

Workers at two Chilean mines Los Bronces and El Soldado which belong to the Exxon-owned Minera Disputado group will vote Thursday on whether to strike after a two-year labor pact ends today


( S ( NP-SBJ ( DT The ) ( NNS mines ) ) ( VP ( VBD produced ) ( NP ( NP ( DT a ) ( NN total ) ) ( PP ( IN of ) ( NP ( NP ( CD 110,000 ) ( NNS tons ) ) ( PP ( IN of ) ( NP ( NN copper ) ) ) ) ) ) ( PP-TMP ( IN in ) ( NP ( CD 1988 ) ) ) ) )

The mines produced a total of 110,000 tons of copper in 1988


( S ( PP ( VBG According ) ( PP ( TO to ) ( NP ( NP ( NNP Drexel ) ( POS 's ) ) ( NNP Mr. ) ( NNP Demler ) ) ) ) ( NP-SBJ-3 ( DT the ) ( JJ potential ) ( NN strike ) ) ( VP ( VBZ is ) ( VP ( VP ( VBN expected ) ( S ( VP ( TO to ) ( VP ( VB be ) ( VP ( VBN resolved ) ( ADVP-MNR ( RB quickly ) ) ) ) ) ) ) ( SBAR-ADV ( WHNP-2 ( WDT which ) ) ( S ( VP ( MD may ) ( VP ( VB be ) ( NP-PRD ( NP ( CD one ) ( NN reason ) ) ( SBAR ( WHADVP-4 ( WRB why ) ) ( S ( NP-SBJ ( DT the ) ( NN situation ) ) ( VP ( VBD did ) ( RB n't ) ( VP ( VB affect ) ( NP ( NNS prices ) ) ( ADVP ( RB much ) ) ) ) ) ) ) ) ) ) ) ) ) )

According to Drexel 's Mr. Demler the potential strike is expected to be resolved quickly which may be one reason why the situation did n't affect prices much


( S ( NP-SBJ ( DT Another ) ( NN analyst ) ) ( VP ( VBD said ) ( SBAR ( IN that ) ( S ( SBAR-ADV ( IN if ) ( S ( NP-SBJ ( EX there ) ) ( VP ( VBD was ) ( NP-PRD ( DT any ) ( NN concern ) ) ) ) ) ( NP-SBJ ( PRP it ) ) ( VP ( VBD was ) ( SBAR-PRD ( IN that ) ( S ( NP-SBJ ( DT a ) ( NN strike ) ) ( VP ( MD could ) ( VP ( VB encourage ) ( NP ( NP ( JJ other ) ( NNS walkouts ) ) ( PP-LOC ( IN in ) ( NP ( NNP Chile ) ) ) ) ) ) ) ) ) ) ) ) )

Another analyst said that if there was any concern it was that a strike could encourage other walkouts in Chile


( S ( NP-SBJ ( NNP London ) ( NNP Metal ) ( NNP Exchange ) ( NN copper ) ( NNS inventories ) ) ( VP ( VP ( VBD fell ) ( NP-EXT ( CD 550 ) ( NNS tons ) ) ( NP-TMP ( JJ last ) ( NN week ) ) ( PP-DIR ( TO to ) ( NP ( CD 83,950 ) ( NNS tons ) ) ) ) ( NP-ADV ( DT a ) ( JJ smaller-than-expected ) ( NN decline ) ) ) )

London Metal Exchange copper inventories fell 550 tons last week to 83,950 tons a smaller-than-expected decline


( S ( CC But ) ( NP-SBJ ( DT that ) ( NN development ) ) ( ADVP ( RB also ) ) ( VP ( VBD had ) ( NP ( NP ( JJ little ) ( NN effect ) ) ( PP ( IN on ) ( NP ( NP ( NNS traders ) ( POS ' ) ) ( NN sentiment ) ) ) ) ) )

But that development also had little effect on traders ' sentiment


( S ( NP-SBJ ( NNP Mr. ) ( NNP Demler ) ) ( VP ( VBD said ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NP ( NNS stocks ) ) ( PP ( IN of ) ( NP ( NN copper ) ) ) ( PP-LOC ( IN in ) ( NP ( NP ( NNP U.S. ) ( NNS producers ) ( POS ' ) ) ( NNS hands ) ) ) ) ( PP-TMP ( IN at ) ( NP ( NP ( DT the ) ( NN end ) ) ( PP ( IN of ) ( NP ( NNP September ) ) ) ) ) ( VP ( VBD were ) ( ADVP-PRD ( RB down ) ( NP ( CD 16,000 ) ( JJ metric ) ( NNS tons ) ) ( PP-TMP ( IN from ) ( NP ( NNP August ) ) ) ( PP ( TO to ) ( NP ( CD 30,000 ) ( NNS tons ) ) ) ) ) ) ) ) )

Mr. Demler said that stocks of copper in U.S. producers ' hands at the end of September were down 16,000 metric tons from August to 30,000 tons


( S-1 ( PP-LOC ( IN Outside ) ( NP ( DT the ) ( NNP U.S. ) ) ) ( PRN ( NP-SBJ ( PRP he ) ) ( VP ( VBD said ) ) ) ( NP-SBJ ( NP ( NN producer ) ( NNS stocks ) ) ( PP-TMP ( IN at ) ( NP ( NP ( DT the ) ( NN end ) ) ( PP ( IN of ) ( NP ( NNP August ) ) ) ) ) ) ( VP ( VBD were ) ( NP-PRD ( NP ( CD 273,000 ) ( NNS tons ) ) ( ADVP ( RB down ) ( NP ( CD 3,000 ) ( NNS tons ) ) ( PP-TMP ( IN from ) ( NP-TMP ( NP ( DT the ) ( NN end ) ) ( PP ( IN of ) ( NP ( NNP July ) ) ) ) ) ) ) ) )

Outside the U.S. he said producer stocks at the end of August were 273,000 tons down 3,000 tons from the end of July


( S ( S ( NP-SBJ ( NP ( NN Consumer ) ( NNS stocks ) ) ( PP ( IN of ) ( NP ( NN copper ) ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NNP U.S. ) ) ) ) ( VP ( VBD fell ) ( PP-DIR ( TO to ) ( NP ( CD 44,000 ) ( NNS tons ) ) ) ( PP-TMP ( IN at ) ( NP ( NP ( DT the ) ( NN end ) ) ( PP ( IN of ) ( NP ( NNP September ) ) ) ) ) ( PP-DIR ( IN from ) ( NP ( CD 54,000 ) ( NNS tons ) ) ( ADVP-TMP ( NP ( DT a ) ( NN month ) ) ( RBR earlier ) ) ) ) ) ( CC and ) ( S ( NP-SBJ ( NP ( NNS stocks ) ) ( PP ( IN of ) ( NP ( NN copper ) ) ) ( VP ( VBN held ) ( PP ( IN by ) ( NP-LGS ( NP ( NNS consumers ) ( CC and ) ( NNS merchants ) ) ( PP-LOC ( IN outside ) ( PP ( IN of ) ( NP ( DT the ) ( NNP U.S. ) ) ) ) ) ) ( PP-TMP ( IN at ) ( NP ( NP ( DT the ) ( NN end ) ) ( PP ( IN of ) ( NP ( NNP July ) ) ) ) ) ) ) ( VP ( VBD stood ) ( PP-CLR ( IN at ) ( NP ( CD 123,000 ) ( NNS tons ) ) ) ( ADVP ( RB down ) ( PP ( IN from ) ( NP ( CD 125,000 ) ( NNS tons ) ) ( PP-TMP ( IN in ) ( NP ( NNP June ) ) ) ) ) ) ) )

Consumer stocks of copper in the U.S. fell to 44,000 tons at the end of September from 54,000 tons a month earlier and stocks of copper held by consumers and merchants outside of the U.S. at the end of July stood at 123,000 tons down from 125,000 tons in June


( S ( NP-SBJ ( NP ( DT The ) ( JJ high ) ( NN point ) ) ( PP ( IN of ) ( NP ( NP ( NNS foreigners ) ( POS ' ) ) ( NN copper ) ( NNS stocks ) ) ) ) ( NP-TMP ( DT this ) ( NN year ) ) ( VP ( VBD was ) ( NP-PRD ( CD 136,000 ) ( NNS tons ) ) ( PP-TMP ( IN at ) ( NP ( NP ( DT the ) ( NN end ) ) ( PP ( IN of ) ( NP ( NNP April ) ) ) ) ) ( PP ( VBG according ) ( PP ( TO to ) ( NP ( NNP Mr. ) ( NNP Demler ) ) ) ) ) )

The high point of foreigners ' copper stocks this year was 136,000 tons at the end of April according to Mr. Demler


( FRAG-HLN ( PP-LOC ( IN In ) ( NP ( JJ other ) ( NN commodity ) ( NNS markets ) ) ) ( NP-TMP ( NN yesterday ) ) )

In other commodity markets yesterday


( NP-HLN ( NNS GRAINS ) ( CC AND ) ( NNS SOYBEANS ) )

GRAINS AND SOYBEANS


( S ( NP-SBJ ( NP ( DT The ) ( NNS prices ) ) ( PP ( IN of ) ( NP ( JJS most ) ( NN corn ) ( NN soybean ) ( CC and ) ( NN wheat ) ( NNS futures ) ( NNS contracts ) ) ) ) ( VP ( VBD dropped ) ( ADVP-EXT ( RB slightly ) ) ( SBAR-ADV ( IN as ) ( S ( NP-SBJ-2 ( NP ( NNS farmers ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NNP Midwest ) ) ) ) ( VP ( VBN continued ) ( S ( VP ( TO to ) ( VP ( VB rebuild ) ( NP ( NP ( NNS stockpiles ) ) ( SBAR ( WHNP-3 ( WDT that ) ) ( S ( VP ( VBD were ) ( VP ( VBN depleted ) ( PP ( IN by ) ( NP-LGS ( DT the ) ( CD 1988 ) ( NN drought ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

The prices of most corn soybean and wheat futures contracts dropped slightly as farmers in the Midwest continued to rebuild stockpiles that were depleted by the 1988 drought


( S ( S ( NP-SBJ-1 ( NP ( NN Buying ) ) ( PP ( IN by ) ( NP ( DT the ) ( NNS Soviets ) ) ) ) ( VP ( VBZ has ) ( VP ( VBN helped ) ( S ( VP ( TO to ) ( VP ( VB prop ) ( PRT ( RP up ) ) ( NP ( NN corn ) ( NNS prices ) ) ) ) ) ( PP-TMP ( IN in ) ( NP ( JJ recent ) ( NNS weeks ) ) ) ) ) ) ( CC but ) ( S ( NP-SBJ ( NP ( DT a ) ( NN lack ) ) ( PP ( IN of ) ( NP ( DT any ) ( JJ new ) ( NNS purchases ) ) ) ) ( VP ( VBD kept ) ( NP ( NNS prices ) ) ( PP-LOC-CLR ( IN in ) ( NP ( DT the ) ( NN doldrums ) ) ) ) ) )

Buying by the Soviets has helped to prop up corn prices in recent weeks but a lack of any new purchases kept prices in the doldrums


COFFEE


( S ( NP-SBJ ( NNS Futures ) ( NNS prices ) ) ( VP ( VBD rose ) ( ADVP-EXT ( RB slightly ) ) ( PP-LOC ( IN in ) ( NP ( NP ( DT a ) ( NN market ) ) ( VP ( VBN filled ) ( PP-CLR ( IN with ) ( NP ( NNS rumors ) ( SBAR ( IN that ) ( S ( NP-SBJ-1 ( DT a ) ( JJ new ) ( JJ international ) ( NN coffee ) ( NN agreement ) ) ( VP ( MD might ) ( ADVP ( RB still ) ) ( VP ( VB be ) ( VP ( VBN achieved ) ) ) ) ) ) ) ) ) ) ) ) )

Futures prices rose slightly in a market filled with rumors that a new international coffee agreement might still be achieved


( S ( NP-SBJ ( DT The ) ( NNP December ) ( NN contract ) ) ( VP ( VBD ended ) ( PP ( IN with ) ( NP ( NP ( DT a ) ( NN gain ) ) ( PP ( IN of ) ( NP ( NP ( CD 1.29 ) ( NNS cents ) ) ( NP-ADV ( DT a ) ( NN pound ) ) ) ) ) ) ( PP-CLR ( IN at ) ( NP ( CD 74.35 ) ( NNS cents ) ) ) ) )

The December contract ended with a gain of 1.29 cents a pound at 74.35 cents


( S ( PP ( VBG According ) ( PP ( TO to ) ( NP ( CD one ) ( NN analyst ) ) ) ) ( NP-SBJ ( NNS prices ) ) ( VP ( VBD opened ) ( ADVP-CLR ( RBR higher ) ) ( PP-PRP ( IN because ) ( IN of ) ( NP ( NP ( NNS reports ) ) ( PP-TMP ( IN over ) ( NP ( DT the ) ( NN weekend ) ) ) ( SBAR-1 ( IN that ) ( S ( NP-SBJ ( NNP Brazil ) ( CC and ) ( NNP Colombia ) ) ( PP-LOC ( IN at ) ( NP ( NP ( DT the ) ( JJ Pan-American ) ( NN summit ) ( NN meeting ) ) ( PP-LOC ( IN in ) ( NP ( NNP Costa ) ( NNP Rica ) ) ) ) ) ( VP ( VBD had ) ( VP ( VBN agreed ) ( PP-CLR ( TO to ) ( NP ( NP ( DT a ) ( NN reduction ) ) ( PP-LOC ( IN in ) ( NP ( PRP$ their ) ( NN coffee ) ( NN export ) ( NNS quotas ) ) ) ) ) ( PP-PRP ( IN for ) ( NP ( NP ( DT the ) ( NN sake ) ) ( PP ( IN of ) ( S-NOM ( VP ( VBG creating ) ( NP ( DT a ) ( JJ new ) ( NN agreement ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

According to one analyst prices opened higher because of reports over the weekend that Brazil and Colombia at the Pan-American summit meeting in Costa Rica had agreed to a reduction in their coffee export quotas for the sake of creating a new agreement


( S ( S-TPC-3 ( NP-SBJ ( NP ( DT The ) ( NNS reports ) ) ( VP ( VBN attributed ) ( PP-CLR ( TO to ) ( NP ( NP ( DT the ) ( JJ Colombian ) ( NN minister ) ) ( PP ( IN of ) ( NP ( JJ economic ) ( NN development ) ) ) ) ) ) ) ( VP ( VBD said ) ( SBAR ( S ( S ( NP-SBJ-1 ( NNP Brazil ) ) ( VP ( MD would ) ( VP ( VB give ) ( PRT ( RP up ) ) ( NP-2 ( NP ( CD 500,000 ) ( NNS bags ) ) ( PP ( IN of ) ( NP ( PRP$ its ) ( NN quota ) ) ) ) ) ) ) ( CC and ) ( S ( NP-SBJ=1 ( NNP Colombia ) ) ( NP=2 ( CD 200,000 ) ( NNS bags ) ) ) ) ) ) ) ( NP-SBJ ( DT the ) ( NN analyst ) ) ( VP ( VBD said ) ) )

The reports attributed to the Colombian minister of economic development said Brazil would give up 500,000 bags of its quota and Colombia 200,000 bags the analyst said


( S ( S-TPC-3 ( NP-SBJ-2 ( DT These ) ( NNS reports ) ) ( VP ( VBD were ) ( ADVP-TMP ( RB later ) ) ( VP ( VBN denied ) ( PP ( IN by ) ( NP-LGS ( NP ( DT a ) ( JJ high ) ( JJ Brazilian ) ( NN official ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( NNP Brazil ) ) ( VP ( VBD was ) ( RB n't ) ( ADJP-PRD ( VBN involved ) ( PP ( IN in ) ( NP ( NP ( DT any ) ( NN coffee ) ( NNS discussions ) ) ( PP ( IN on ) ( NP ( NNS quotas ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ( NP-SBJ ( DT the ) ( NN analyst ) ) ( VP ( VBD said ) ) )

These reports were later denied by a high Brazilian official who said Brazil was n't involved in any coffee discussions on quotas the analyst said


( S ( NP-SBJ-2 ( DT The ) ( JJ Colombian ) ( NN minister ) ) ( VP ( VBD was ) ( VP ( VBD said ) ( S ( VP ( TO to ) ( VP ( VB have ) ( VP ( VBN referred ) ( PP-CLR ( TO to ) ( NP ( NP ( DT a ) ( NN letter ) ) ( SBAR ( SBAR ( WHNP-1 ( IN that ) ) ( S ( NP-SBJ ( PRP he ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( NNP President ) ( NNP Bush ) ) ( VP ( VBD sent ) ( PP-DTV ( TO to ) ( NP ( JJ Colombian ) ( NNP President ) ( NNP Virgilio ) ( NNP Barco ) ) ) ) ) ) ) ) ) ( CC and ) ( SBAR ( WHPP-3 ( IN in ) ( WHNP ( WDT which ) ) ) ( S ( NP-SBJ ( NNP President ) ( NNP Bush ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( NP ( PRP it ) ) ) ( VP ( VBD was ) ( ADJP-PRD ( JJ possible ) ) ( S-4 ( VP ( TO to ) ( VP ( VB overcome ) ( NP ( NP ( NNS obstacles ) ) ( PP ( TO to ) ( NP ( DT a ) ( JJ new ) ( NN agreement ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

The Colombian minister was said to have referred to a letter that he said President Bush sent to Colombian President Virgilio Barco and in which President Bush said it was possible to overcome obstacles to a new agreement


( S ( NP-SBJ-2 ( DT The ) ( NN minister ) ) ( VP ( VBD was ) ( ADVP ( RB also ) ) ( VP ( VBN quoted ) ( PP-CLR ( IN as ) ( S-NOM ( VP ( VBG saying ) ( SBAR ( IN that ) ( S ( NP-SBJ-1 ( DT a ) ( JJ new ) ( NN pact ) ) ( VP ( MD could ) ( VP ( VB be ) ( VP ( VBN achieved ) ( PP-TMP ( IN during ) ( NP ( NP ( DT the ) ( JJ first ) ( NN half ) ) ( PP ( IN of ) ( NP ( JJ next ) ( NN year ) ) ) ) ) ) ) ) ) ) ) ) ) ( PP ( VBG according ) ( PP ( TO to ) ( NP ( DT the ) ( NN analyst ) ) ) ) ) ) )

The minister was also quoted as saying that a new pact could be achieved during the first half of next year according to the analyst


( NP-HLN ( JJ PRECIOUS ) ( NNS METALS ) )

PRECIOUS METALS


( S ( NP-SBJ ( NNS Futures ) ( NNS prices ) ) ( VP ( VBD showed ) ( NP ( JJ modest ) ( NNS changes ) ) ( PP-LOC ( IN in ) ( NP ( JJ light ) ( NN trading ) ( NN volume ) ) ) ) )

Futures prices showed modest changes in light trading volume


( S ( NP-SBJ ( NNP December ) ( NN delivery ) ( NN gold ) ) ( VP ( VBD eased ) ( NP-EXT ( NP ( CD 40 ) ( NNS cents ) ) ( NP-ADV ( DT an ) ( NN ounce ) ) ) ( PP-DIR ( TO to ) ( NP ( CD 380.80 ) ) ) ) )

December delivery gold eased 40 cents an ounce to 380.80


( S ( NP-SBJ ( NNP December ) ( NN silver ) ) ( VP ( VBD was ) ( ADVP-PRD ( RB off ) ( NP ( NP ( CD 3.7 ) ( NNS cents ) ) ( NP-ADV ( DT an ) ( NN ounce ) ) ) ) ( PP ( IN at ) ( NP ( CD 5.2830 ) ) ) ) )

December silver was off 3.7 cents an ounce at 5.2830


( S ( NP-SBJ ( NNP January ) ( NN platinum ) ) ( VP ( VBD rose ) ( NP-EXT ( NP ( CD 90 ) ( NNS cents ) ) ( NP-ADV ( DT an ) ( NN ounce ) ) ) ( PP-CLR ( IN at ) ( NP ( CD 500.20 ) ) ) ) )

January platinum rose 90 cents an ounce at 500.20


( S ( NP-SBJ-1 ( DT The ) ( NN market ) ) ( VP ( VBD turned ) ( ADJP-PRD ( JJ quiet ) ) ( PP-TMP ( IN after ) ( S-NOM ( VP ( VBG rising ) ( ADVP-MNR ( RB sharply ) ) ( NP-TMP ( JJ late ) ( JJ last ) ( NN week ) ) ) ) ) ( PP ( VBG according ) ( PP ( TO to ) ( NP ( CD one ) ( NN analyst ) ) ) ) ) )

The market turned quiet after rising sharply late last week according to one analyst


( S-1 ( S ( NP-SBJ ( NP ( NP ( NP ( JJ Last ) ( NN week ) ( POS 's ) ) ( NN uncertainty ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NN stock ) ( NN market ) ) ) ) ( CC and ) ( NP ( DT a ) ( JJR weaker ) ( NN dollar ) ) ) ( VP ( VBD triggered ) ( NP ( NP ( DT a ) ( NN flight ) ) ( PP ( TO to ) ( NP ( NN safety ) ) ) ) ) ) ( PRN ( S ( NP-SBJ ( PRP he ) ) ( VP ( VBD said ) ) ) ) ( CC but ) ( S ( NP-TMP ( NN yesterday ) ) ( NP-SBJ ( DT the ) ( NN market ) ) ( VP ( VBD lacked ) ( NP ( JJ such ) ( NNS stimuli ) ) ) ) )

Last week 's uncertainty in the stock market and a weaker dollar triggered a flight to safety he said but yesterday the market lacked such stimuli


( S ( S-TPC-1 ( NP-SBJ ( EX There ) ) ( VP ( VBD was ) ( NP-PRD ( DT some ) ( NN profit-taking ) ) ( SBAR-PRP ( IN because ) ( S ( NP-SBJ ( NP ( NNS prices ) ) ( PP ( IN for ) ( NP ( DT all ) ( DT the ) ( JJ precious ) ( NNS metals ) ) ) ) ( VP ( VBD had ) ( VP ( VBN risen ) ( PP-DIR ( TO to ) ( NP ( NP ( NNS levels ) ) ( SBAR ( WHPP-2 ( IN at ) ( WHNP ( WDT which ) ) ) ( S ( NP-SBJ ( EX there ) ) ( VP ( VBD was ) ( NP-PRD ( NP ( NN resistance ) ) ( PP ( TO to ) ( NP ( RBR further ) ( NN advance ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ( NP-SBJ ( PRP he ) ) ( VP ( VBD said ) ) )

There was some profit-taking because prices for all the precious metals had risen to levels at which there was resistance to further advance he said


( S ( NP-SBJ ( DT The ) ( NN dollar ) ) ( VP ( VP ( VBD was ) ( ADVP ( RB also ) ) ( ADJP-PRD ( RB slightly ) ( JJR firmer ) ) ) ( CC and ) ( VP ( VBD prompted ) ( NP ( DT some ) ( NN selling ) ) ( ADVP ( IN as ) ( RB well ) ) ) ( PP ( VBG according ) ( PP ( TO to ) ( NP ( DT the ) ( NN analyst ) ) ) ) ) )

The dollar was also slightly firmer and prompted some selling as well according to the analyst


( S ( NP-SBJ ( NN Democracy ) ) ( VP ( VBZ is ) ( VP ( VBG making ) ( NP ( NP ( DT a ) ( NN return ) ) ( PP ( IN with ) ( NP ( DT a ) ( NN vengeance ) ) ) ( PP ( TO to ) ( NP ( NP ( NNP Latin ) ( NNP America ) ( POS 's ) ) ( ADJP ( ADJP ( RBS most ) ( JJ populous ) ) ( CC and ) ( ADJP ( RB deeply ) ( JJ indebted ) ) ) ( NN country ) ) ) ) ) ) )

Democracy is making a return with a vengeance to Latin America 's most populous and deeply indebted country


( S ( PP-TMP ( IN On ) ( NP ( NP ( NNP Nov. ) ( CD 15 ) ) ( SBAR-TMP ( WHADVP-1 ( WRB when ) ) ( S ( NP-SBJ ( NNS Brazilians ) ) ( VP ( VBP elect ) ( NP ( DT a ) ( NN president ) ) ( PP ( IN for ) ( NP ( NP ( DT the ) ( JJ first ) ( NN time ) ) ( PP-TMP ( IN in ) ( NP ( CD 29 ) ( NNS years ) ) ) ) ) ) ) ) ) ) ( NP-SBJ ( NP ( DT the ) ( NN country ) ( POS 's ) ) ( QP ( CD 82 ) ( CD million ) ) ( NNS voters ) ) ( VP ( MD will ) ( VP ( VB have ) ( NP ( NP ( CD 22 ) ( NNS candidates ) ) ( SBAR ( S ( VP ( TO to ) ( VP ( VB choose ) ( PP-CLR ( IN from ) ) ) ) ) ) ) ) ) )

On Nov. 15 when Brazilians elect a president for the first time in 29 years the country 's 82 million voters will have 22 candidates to choose from


( S ( NP-SBJ-3 ( DT The ) ( NNS candidates ) ) ( VP ( VBP have ) ( VP ( VBN been ) ( VP ( VBG crisscrossing ) ( NP ( NP ( DT this ) ( JJ huge ) ( NN country ) ) ( PP ( IN of ) ( NP ( QP ( CD 145 ) ( CD million ) ) ( NNS people ) ) ) ) ( S-ADV ( VP ( VBG holding ) ( NP ( NP ( NNS rallies ) ) ( CC and ) ( NP ( VBN televised ) ( NNS debates ) ) ) ( PP-PRP ( IN in ) ( NP ( NP ( NN hope ) ) ( PP ( IN of ) ( S-NOM ( VP ( VBG being ) ( VP ( VBN elected ) ( PP-CLR ( TO to ) ( SBAR-NOM ( WHNP-2 ( WP what ) ) ( S ( VP ( MD must ) ( VP ( VB be ) ( NP-PRD ( NP ( NP ( CD one ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( NN world ) ( POS 's ) ) ( ADJP ( RBS most ) ( JJ thankless ) ) ( JJ political ) ( NNS jobs ) ) ) ) ( S-NOM ( VP ( VBG trying ) ( S ( VP ( TO to ) ( VP ( VB drag ) ( NP ( NNP Brazil ) ) ( PP-DIR ( IN out ) ( PP ( IN of ) ( NP ( PRP$ its ) ( ADJP ( JJ economic ) ( CC and ) ( JJ social ) ) ( NN mess ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

The candidates have been crisscrossing this huge country of 145 million people holding rallies and televised debates in hope of being elected to what must be one of the world 's most thankless political jobs trying to drag Brazil out of its economic and social mess


( SINV ( S-TPC-2 ( NP-SBJ ( PRP I ) ) ( VP ( VBP feel ) ( ADJP-PRD ( RB sorry ) ( PP ( IN for ) ( SBAR-NOM ( WHNP-1 ( WP whoever ) ) ( S ( VP ( VBZ wins ) ) ) ) ) ) ) ) ( VP ( VBZ says ) ) ( NP-SBJ ( DT a ) ( JJ Brazilian ) ( NN diplomat ) ) )

I feel sorry for whoever wins says a Brazilian diplomat


( S ( SBAR-NOM-SBJ ( WHNP-1 ( WP Who ) ) ( S ( NP-SBJ ( DT that ) ( NN winner ) ) ( VP ( MD will ) ( VP ( VB be ) ) ) ) ) ( VP ( VBZ is ) ( ADJP-PRD ( RB highly ) ( JJ uncertain ) ) ) )

Who that winner will be is highly uncertain


( S ( NP-SBJ-2 ( DT A ) ( JJ half-dozen ) ( NNS candidates ) ) ( S-ADV ( VP ( VBG backing ) ( NP ( NP ( NNS policies ) ) ( VP ( VBG ranging ) ( PP-CLR ( PP ( IN from ) ( NP ( NNP Thatcherism ) ) ) ( PP ( TO to ) ( NP ( JJ watered-down ) ( NNP Marxism ) ) ) ) ) ) ) ) ( VP ( VBP are ) ( VP ( VBN given ) ( NP ( NP ( DT a ) ( NN chance ) ) ( PP ( IN of ) ( S-NOM ( VP ( VBG winning ) ) ) ) ) ) ) )

A half-dozen candidates backing policies ranging from Thatcherism to watered-down Marxism are given a chance of winning


( SINV ( S-TPC-3 ( SBAR-NOM-SBJ ( WHNP-1 ( WP Whoever ) ) ( S ( VP ( VBZ says ) ( SBAR ( S ( NP-SBJ ( PRP he ) ) ( VP ( VBZ knows ) ( SBAR ( WHNP-2 ( WHNP ( WDT which ) ) ( PP ( IN of ) ( NP ( DT the ) ( CD six ) ) ) ) ( S ( VP ( MD will ) ( VP ( VB win ) ) ) ) ) ) ) ) ) ) ) ( VP ( VBZ is ) ( PP-PRD ( IN out ) ( PP ( IN of ) ( NP ( PRP$ his ) ( NN mind ) ) ) ) ) ) ( VP ( VBZ says ) ) ( NP-SBJ ( NP ( NNP Antonio ) ( NNP Britto ) ) ( NP ( NP ( DT a ) ( JJ centrist ) ( NN member ) ) ( PP ( IN of ) ( NP ( NNP Parliament ) ) ) ) ) )

Whoever says he knows which of the six will win is out of his mind says Antonio Britto a centrist member of Parliament


( S ( NP-SBJ ( DT The ) ( NN favorite ) ) ( VP ( VBZ remains ) ( NP-PRD ( NP ( NNP Fernando ) ( NNP Collor ) ( IN de ) ( NNP Mello ) ) ( NP ( NP ( DT a ) ( JJ 40-year-old ) ( JJ former ) ( NN governor ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( NN state ) ) ( PP ( IN of ) ( NP ( NNP Alagoas ) ) ) ) ) ) ) ) )

The favorite remains Fernando Collor de Mello a 40-year-old former governor of the state of Alagoas


( S ( NP-SBJ-2 ( PRP He ) ) ( VP ( VBD came ) ( PP-DIR ( IN out ) ( PP ( IN of ) ( NP ( RB nowhere ) ) ) ) ( S-ADV ( VP ( TO to ) ( VP ( VB grab ) ( NP ( NP ( DT the ) ( NN lead ) ) ( PP-LOC ( IN in ) ( NP ( NN opinion ) ( NNS polls ) ) ) ) ) ) ) ( PP-PRP ( ADVP ( ADVP ( RB probably ) ( RBR less ) ) ) ( RB because ) ( IN of ) ( NP ( NP ( PRP$ his ) ( JJ vague ) ( NN program ) ) ( SBAR ( S ( VP ( TO to ) ( VP ( VB build ) ( NP ( DT a ) ( JJ new ) ( NNP Brazil ) ) ) ) ) ) ) ) ( PP-3 ( IN than ) ( PP-PRP ( IN because ) ( IN of ) ( NP ( NP ( PRP$ his ) ( JJ good ) ( NNS looks ) ) ( NP ( NP ( DT the ) ( JJ open ) ( NN backing ) ) ( PP ( IN of ) ( NP ( DT the ) ( JJ powerful ) ( NNP Rede ) ( NNP Globo ) ( NN television ) ( NN network ) ) ) ) ( CC and ) ( NP ( NP ( PRP$ his ) ( NN reputation ) ) ( PP ( IN as ) ( NP ( NP ( DT a ) ( NN hunter ) ) ( PP ( IN of ) ( NP ( NP ( NNS maharajahs ) ) ( CC or ) ( NP ( ADJP ( VBN overpaid ) ( CC and ) ( JJ underworked ) ) ( JJ civil ) ( NNS servants ) ) ) ) ) ) ) ) ) ) ) )

He came out of nowhere to grab the lead in opinion polls probably less because of his vague program to build a new Brazil than because of his good looks the open backing of the powerful Rede Globo television network and his reputation as a hunter of maharajahs or overpaid and underworked civil servants


( S ( CC But ) ( PP-TMP ( RB after ) ( S-NOM ( VP ( VBG building ) ( PRT ( RP up ) ) ( NP ( DT a ) ( JJ commanding ) ( NN lead ) ) ) ) ) ( NP-SBJ-1 ( DT the ) ( ADJP ( JJ moderate ) ( TO to ) ( JJ conservative ) ) ( NNP Mr. ) ( NNP Collor ) ) ( VP ( VBZ has ) ( VP ( VBN slipped ) ( PP-DIR ( TO to ) ( NP ( NP ( QP ( RB about ) ( CD 30 ) ) ( NN % ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NNS polls ) ) ) ) ) ( PP-DIR ( IN from ) ( NP ( NP ( DT a ) ( NN high ) ) ( PP ( IN of ) ( NP ( QP ( RB about ) ( CD 43 ) ) ( NN % ) ) ) ) ( ADVP-TMP ( NP ( RB only ) ( DT a ) ( JJ few ) ( NNS weeks ) ) ( RB ago ) ) ) ) ) )

But after building up a commanding lead the moderate to conservative Mr. Collor has slipped to about 30 % in the polls from a high of about 43 % only a few weeks ago


( S ( S-PRP ( VP ( TO To ) ( VP ( VB avoid ) ( NP ( DT a ) ( NN runoff ) ) ) ) ) ( NP-SBJ-2 ( CD one ) ( NN candidate ) ) ( VP ( MD would ) ( VP ( VB have ) ( S ( VP ( TO to ) ( VP ( VP ( VB win ) ( NP ( NP ( CD 50 ) ( NN % ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN vote ) ) ) ) ) ( NP ( NP ( DT a ) ( NN feat ) ) ( SBAR ( WHNP-1 ( IN that ) ) ( S ( NP-SBJ ( JJS most ) ( NNS analysts ) ) ( VP ( VBP consider ) ( S ( ADJP-PRD ( JJ impossible ) ) ) ( PP ( IN with ) ( S-NOM ( NP-SBJ ( ADJP ( RB so ) ( JJ many ) ) ( NNS candidates ) ) ( VP ( VBG running ) ) ) ) ) ) ) ) ) ) ) ) ) )

To avoid a runoff one candidate would have to win 50 % of the vote a feat that most analysts consider impossible with so many candidates running


( S ( S ( NP-SBJ ( NP ( CD Two ) ( JJ left-wing ) ( NNS politicians ) ) ( NP ( NP ( NP ( NNP Socialist ) ( NNP Leonel ) ( NNP Brizola ) ) ( NP ( NP ( DT a ) ( JJ former ) ( NN governor ) ) ( PP ( IN of ) ( NP ( NNP Rio ) ( IN de ) ( NNP Janeiro ) ( NN state ) ) ) ) ) ( CC and ) ( NP ( NNP Marxist-leaning ) ( NNP Luis ) ( NNP Inacio ) ( NN da ) ( NN Silva ) ) ) ) ( ADVP-TMP ( RB currently ) ) ( VP ( VBP are ) ( VP ( VBG running ) ( ADVP-MNR ( NN neck ) ( CC and ) ( NN neck ) ) ( PP-CLR ( IN at ) ( NP ( QP ( RB about ) ( CD 15 ) ) ( NN % ) ) ) ) ) ) ( CC and ) ( S ( NP-SBJ-1 ( CD three ) ( JJ other ) ( NNS candidates ) ) ( VP ( VBP are ) ( VP ( VBN given ) ( NP ( NP ( DT a ) ( NN chance ) ) ( PP ( IN of ) ( S-NOM ( VP ( VBG reaching ) ( NP ( NP ( DT the ) ( NN Dec. ) ( CD 17 ) ( NN runoff ) ( NN election ) ) ( PP ( IN between ) ( NP ( NP ( DT the ) ( CD two ) ( JJS biggest ) ( NNS vote-getters ) ) ( NP ( NP ( NNP Social ) ( NNP Democrat ) ( NNP Mario ) ( NNP Covas ) ) ( CC and ) ( NP ( NP ( CD two ) ( NNS conservatives ) ) ( NP ( NP ( NP ( NNP Paulo ) ( NNP Salim ) ( NNP Maluf ) ) ( NP ( NP ( DT a ) ( JJ former ) ( NN governor ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( NN state ) ) ( PP ( IN of ) ( NP ( NNP Sao ) ( NNP Paulo ) ) ) ) ) ) ) ( CC and ) ( NP ( NNP Guilherme ) ( NNP Afif ) ( NNP Domingos ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Two left-wing politicians Socialist Leonel Brizola a former governor of Rio de Janeiro state and Marxist-leaning Luis Inacio da Silva currently are running neck and neck at about 15 % and three other candidates are given a chance of reaching the Dec. 17 runoff election between the two biggest vote-getters Social Democrat Mario Covas and two conservatives Paulo Salim Maluf a former governor of the state of Sao Paulo and Guilherme Afif Domingos


( S ( NP-SBJ ( DT The ) ( NN uncertainty ) ) ( VP ( VBZ is ) ( VP ( VBG sending ) ( NP ( NNS shivers ) ) ( PP-DIR ( IN through ) ( NP ( JJ Brazilian ) ( JJ financial ) ( NNS markets ) ) ) ) ) )

The uncertainty is sending shivers through Brazilian financial markets


( S ( NP-SBJ ( NP ( DT The ) ( NN dollar ) ) ( NP ( NP ( DT the ) ( JJS best ) ( NN indicator ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( NN country ) ( POS 's ) ) ( NN mood ) ) ) ) ) ( VP ( VBZ has ) ( VP ( VBN skyrocketed ) ( PP-LOC ( IN on ) ( NP ( DT the ) ( JJ parallel ) ( NN market ) ) ) ( SBAR-ADV ( IN as ) ( SINV ( VBZ has ) ( NP-SBJ ( NN gold ) ) ) ) ) ) )

The dollar the best indicator of the country 's mood has skyrocketed on the parallel market as has gold


( S ( NP-SBJ-1 ( NN Capital ) ( NN flight ) ) ( VP ( VBZ is ) ( VP ( VBN reported ) ( S ( VP ( TO to ) ( VP ( VB be ) ( ADJP-PRD ( JJ strong ) ) ) ) ) ) ) )

Capital flight is reported to be strong


( S ( NP-SBJ ( DT The ) ( JJ big ) ( NN question ) ) ( VP ( VBZ is ) ( SBAR-PRD ( IN whether ) ( S ( NP-SBJ ( DT the ) ( JJ new ) ( NN president ) ) ( VP ( MD will ) ( VP ( VB have ) ( NP ( NP ( NP ( DT the ) ( NN strength ) ) ( CC and ) ( NP ( NP ( DT the ) ( JJ political ) ( NN support ) ) ( PP-LOC ( IN in ) ( NP ( NNP Congress ) ) ) ) ) ( SBAR ( S ( VP ( TO to ) ( VP ( VB take ) ( NP ( NNS steps ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB cure ) ( NP ( NP ( NNP Brazil ) ( POS 's ) ) ( JJ economic ) ( NNS ills ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

The big question is whether the new president will have the strength and the political support in Congress to take steps to cure Brazil 's economic ills


( S ( NP-SBJ-3 ( NP ( NNP President ) ( NNP Jose ) ( NNP Sarney ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( VBD took ) ( NP ( NN office ) ) ( PP-TMP ( IN in ) ( NP ( CD 1985 ) ) ) ( SBAR-TMP ( WHADVP-2 ( WRB when ) ) ( S ( NP-SBJ ( NP ( DT the ) ( NN man ) ) ( VP ( VBN picked ) ( PP ( IN by ) ( NP-LGS ( DT an ) ( JJ electoral ) ( NN college ) ) ) ) ) ( VP ( VBD became ) ( ADJP-PRD ( RB critically ) ( RB ill ) ) ) ) ) ) ) ) ) ( VP ( VBZ appears ) ( S ( VP ( TO to ) ( VP ( VB be ) ( ADVP ( RB simply ) ) ( VP ( VBG trying ) ( S ( VP ( TO to ) ( VP ( VB avoid ) ( NP ( NN hyperinflation ) ) ) ) ) ) ) ) ) ) )

President Jose Sarney who took office in 1985 when the man picked by an electoral college became critically ill appears to be simply trying to avoid hyperinflation


( S ( NP-SBJ ( NP ( DT The ) ( JJ unpopular ) ( NNP Mr. ) ( NNP Sarney ) ) ( SBAR ( WHNP-1 ( WP$ whose ) ( NN task ) ) ( S ( VP ( VBD was ) ( S-PRD ( VP ( TO to ) ( VP ( VB bring ) ( PRT ( RP about ) ) ( NP ( NP ( DT a ) ( JJ smooth ) ( NN transition ) ) ( PP ( TO to ) ( NP ( NN democracy ) ) ) ) ( PP-TMP ( IN after ) ( NP ( NP ( CD 21 ) ( NNS years ) ) ( PP ( IN of ) ( NP ( JJ military ) ( NN rule ) ) ) ) ) ) ) ) ) ) ) ) ( VP ( VBZ is ) ( RB n't ) ( VP ( VBG seeking ) ( NP ( NN re-election ) ) ) ) )

The unpopular Mr. Sarney whose task was to bring about a smooth transition to democracy after 21 years of military rule is n't seeking re-election


( S ( SBAR-NOM-SBJ ( WHNP-1 ( WP What ) ) ( S ( VP ( VBZ comes ) ( PP-DIR ( IN out ) ( PP ( IN of ) ( NP ( DT the ) ( NN ballot ) ( NN box ) ) ) ) ) ) ) ( VP ( MD could ) ( VP ( VB be ) ( ADJP-PRD ( JJ crucial ) ) ( PP-LOC ( IN in ) ( S-NOM ( VP ( VBG determining ) ( SBAR ( IN whether ) ( S ( NP-SBJ-2 ( NNP Brazil ) ) ( VP ( VP ( ADVP ( RB finally ) ) ( VBZ lives ) ( PP-CLR ( RP up ) ( PP ( TO to ) ( NP ( NP ( DT the ) ( NN potential ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( NN world ) ( POS 's ) ) ( ADJP ( JJ eighth ) ( JJS largest ) ) ( NN economy ) ) ) ) ) ) ) ( CC or ) ( VP ( VBZ keeps ) ( S ( VP ( VBG living ) ( PP-CLR ( RP up ) ( PP ( TO to ) ( NP ( NP ( PRP$ its ) ( JJ other ) ( ADJP ( RBR less ) ( JJ enviable ) ) ( NN title ) ) ( NP ( NP ( DT that ) ) ( PP ( IN of ) ( NP ( NP ( NP ( DT the ) ( JJ developing ) ( NN world ) ( POS 's ) ) ( JJS largest ) ( NN debtor ) ) ( VP ( VBG teetering ) ( PP ( IN on ) ( NP ( NP ( DT the ) ( NN brink ) ) ( PP ( IN of ) ( NP ( NN hyperinflation ) ) ) ) ) ) ( ADJP ( VBN mired ) ( PP ( IN in ) ( NP ( NNS deficits ) ( CC and ) ( NN stagnation ) ) ) ) ( PP ( IN with ) ( S-NOM ( NP-SBJ ( NP ( JJ huge ) ( JJ economic ) ( NNS inequalities ) ) ( CC and ) ( NP ( JJ social ) ( NN discontent ) ) ) ( VP ( VBG boiling ) ( PP-LOC ( IN under ) ( NP ( DT the ) ( NN surface ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

What comes out of the ballot box could be crucial in determining whether Brazil finally lives up to the potential of the world 's eighth largest economy or keeps living up to its other less enviable title that of the developing world 's largest debtor teetering on the brink of hyperinflation mired in deficits and stagnation with huge economic inequalities and social discontent boiling under the surface


( S-3 ( SBAR-ADV ( IN If ) ( S ( NP-SBJ ( NNP Brazil ) ) ( VP ( VBZ devises ) ( NP ( NP ( DT an ) ( JJ economic ) ( NN strategy ) ) ( VP ( VBG allowing ) ( S ( NP-SBJ ( PRP it ) ) ( VP ( TO to ) ( VP ( VB resume ) ( NP ( NP ( NN growth ) ) ( CC and ) ( NP ( VB service ) ( NN debt ) ) ) ) ) ) ) ) ) ) ) ( NP-SBJ ( DT this ) ) ( VP ( MD could ) ( VP ( VB lead ) ( S ( NP-SBJ ( PRP it ) ) ( VP ( TO to ) ( VP ( VP ( VB open ) ( PRT ( RP up ) ) ) ( CC and ) ( VP ( VB deregulate ) ) ( NP-1 ( PRP$ its ) ( JJ sheltered ) ( NN economy ) ) ) ) ) ( PRN ( S ( NP-SBJ ( NNS analysts ) ) ( VP ( VBP say ) ) ) ) ( SBAR-ADV ( RB just ) ( IN as ) ( S ( NP-SBJ ( JJ Argentinian ) ( NNP President ) ( NNP Carlos ) ( NNP Saul ) ( NNP Menem ) ) ( VP ( VBZ has ) ( VP ( VBN been ) ( VP ( VBG doing ) ( SBAR-ADV ( RB even ) ( IN though ) ( S ( NP-SBJ-2 ( PRP he ) ) ( VP ( VBD was ) ( VP ( VBN elected ) ( PP ( IN on ) ( NP ( DT a ) ( JJ populist ) ( NN platform ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

If Brazil devises an economic strategy allowing it to resume growth and service debt this could lead it to open up and deregulate its sheltered economy analysts say just as Argentinian President Carlos Saul Menem has been doing even though he was elected on a populist platform


( SINV ( S-TPC-2 ( PP ( VBG Depending ) ( PP ( IN on ) ( NP ( DT the ) ( NN president ) ) ) ) ( NP-SBJ ( PRP we ) ) ( VP ( MD could ) ( VP ( RB either ) ( VP ( VB be ) ( NP-PRD ( DT a ) ( JJ trillion-dollar ) ( NN economy ) ) ( PP-TMP ( IN by ) ( NP ( NP ( DT the ) ( NN end ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN century ) ) ) ) ) ) ( CC or ) ( VP ( VB stay ) ( SBAR-LOC ( WHADVP-1 ( WRB where ) ) ( S ( NP-SBJ ( PRP we ) ) ( VP ( VBP are ) ) ) ) ) ) ) ) ( VP ( VBZ says ) ) ( NP-SBJ ( JJ political ) ( NN scientist ) ( NNP Amaury ) ( IN de ) ( NNP Souza ) ) )

Depending on the president we could either be a trillion-dollar economy by the end of the century or stay where we are says political scientist Amaury de Souza


( S ( CC And ) ( SBAR-NOM-SBJ ( WHADVP-1 ( WRB where ) ) ( S ( NP-SBJ ( PRP we ) ) ( VP ( VBP are ) ) ) ) ( VP ( VBZ is ) ( ADJP-PRD ( JJ bad ) ) ) )

And where we are is bad


( S ( PP ( IN Despite ) ( NP ( NP ( JJ valiant ) ( NNS efforts ) ) ( PP ( IN by ) ( NP-LGS ( NNP Finance ) ( NNP Minister ) ( NNP Mailson ) ( NNP Ferreira ) ( NNP da ) ( NNP Nobrega ) ) ) ) ) ( NP-SBJ-1 ( NN inflation ) ) ( VP ( VP ( VBD came ) ( PP-DIR ( TO to ) ( NP ( CD 36 ) ( NN % ) ) ) ( PP-TMP ( IN in ) ( NP ( NNP September ) ( RB alone ) ) ) ) ( CC and ) ( VP ( VBZ is ) ( VP ( VBN expected ) ( S ( VP ( TO to ) ( VP ( VB top ) ( NP ( CD 1,000 ) ( NN % ) ) ( PP-TMP ( IN for ) ( NP ( DT the ) ( NN year ) ) ) ) ) ) ) ) ) )

Despite valiant efforts by Finance Minister Mailson Ferreira da Nobrega inflation came to 36 % in September alone and is expected to top 1,000 % for the year


( S ( S ( NP-SBJ-1 ( DT That ) ) ( VP ( MD might ) ( VP ( VB have ) ( VP ( VBN been ) ( VP ( VBN considered ) ( S ( NP-PRD ( NN hyperinflation ) ) ) ( ADVP-TMP ( RB not ) ( RB long ) ( RB ago ) ) ) ) ) ) ) ( CC but ) ( S ( NP-SBJ-2 ( NNP Argentina ) ) ( VP ( VBD endured ) ( NP ( NP ( NN price ) ( NNS increases ) ) ( PP ( IN of ) ( NP ( QP ( RB almost ) ( CD 200 ) ) ( NN % ) ) ) ) ( PP-TMP ( IN in ) ( NP ( NNP July ) ) ) ( PP-TMP ( IN before ) ( S-NOM ( VP ( VBG bringing ) ( NP ( DT the ) ( NN rate ) ) ( PRT ( RP down ) ) ( ADVP-MNR ( RB sharply ) ) ( PP-TMP ( IN in ) ( NP ( NNP August ) ( CC and ) ( NNP September ) ) ) ) ) ) ) ) )

That might have been considered hyperinflation not long ago but Argentina endured price increases of almost 200 % in July before bringing the rate down sharply in August and September


( S ( ADVP ( RB Still ) ) ( NP-SBJ ( JJ massive ) ( JJ internal ) ( NN debt ) ) ( VP ( VBZ has ) ( VP ( VBN forced ) ( S ( NP-SBJ-1 ( DT the ) ( NN government ) ) ( VP ( VP ( TO to ) ( VP ( VB borrow ) ( ADVP-MNR ( RB massively ) ) ( PP-LOC ( IN on ) ( NP ( DT the ) ( JJ domestic ) ( NN market ) ) ) ) ) ( CC and ) ( VP ( TO to ) ( VP ( VB offer ) ( NP ( NP ( JJ inflation-adjusted ) ( NNS returns ) ) ( PP ( IN of ) ( NP ( NP ( QP ( CD 2 ) ( NN % ) ( TO to ) ( CD 3 ) ( NN % ) ) ) ( NP-ADV ( DT a ) ( NN month ) ) ) ) ) ) ) ( S-PRP ( ADVP ( RB just ) ) ( VP ( TO to ) ( VP ( VB get ) ( S ( NP-SBJ ( NNS investors ) ) ( VP ( TO to ) ( VP ( VB hold ) ( PRT ( RP on ) ) ( PP-CLR ( TO to ) ( NP ( PRP$ its ) ( NN paper ) ) ) ) ) ) ) ) ) ) ) ) ) )

Still massive internal debt has forced the government to borrow massively on the domestic market and to offer inflation-adjusted returns of 2 % to 3 % a month just to get investors to hold on to its paper


( S ( NP-SBJ-2 ( QP ( RB About ) ( CD 70 ) ( CD billion ) ) ) ( VP ( VBZ is ) ( VP ( VBN estimated ) ( S ( VP ( TO to ) ( VP ( VB be ) ( VP ( VBN tied ) ( PRT ( RP up ) ) ( PP-CLR ( IN in ) ( NP ( NP ( DT the ) ( JJ short-term ) ( NN money ) ( NN market ) ) ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( VP ( VBZ acts ) ( PP-CLR ( DT both ) ( IN as ) ( NP ( NP ( NP ( DT a ) ( NN hedge ) ) ( PP ( IN against ) ( NP ( NN inflation ) ) ) ( PP ( IN for ) ( NP ( NNS consumers ) ) ) ) ( CC and ) ( NP ( NP ( DT an ) ( NN accelerator ) ) ( PP ( IN of ) ( NP ( NN inflation ) ( CC and ) ( NNS deficits ) ) ) ( PP ( IN for ) ( NP ( DT the ) ( NN government ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

About 70 billion is estimated to be tied up in the short-term money market which acts both as a hedge against inflation for consumers and an accelerator of inflation and deficits for the government


( S ( PP ( IN By ) ( NP ( DT some ) ( NNS estimates ) ) ) ( NP-SBJ ( NP ( NNP Brazil ) ( POS 's ) ) ( NX ( NX ( JJ internal ) ( NN debt ) ) ( CC or ) ( NX ( VBN combined ) ( JJ public ) ( NN deficit ) ) ) ) ( VP ( MD could ) ( VP ( VB reach ) ( NP ( NP ( CD 6.5 ) ( NN % ) ) ( PP ( IN of ) ( NP ( PRP$ its ) ( ADJP ( QP ( CD 351 ) ( CD billion ) ) ) ( JJ gross ) ( JJ domestic ) ( NN product ) ) ) ) ) ) )

By some estimates Brazil 's internal debt or combined public deficit could reach 6.5 % of its 351 billion gross domestic product


( S ( NP-SBJ ( NP ( RB Much ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN money ) ) ) ) ( VP ( VBZ goes ) ( PP-DIR ( IN into ) ( NP ( NP ( NNS subsidies ) ) ( CC or ) ( S-NOM ( VP ( VBG keeping ) ( S ( NP-SBJ ( JJ inefficient ) ( JJ state-controlled ) ( NNS companies ) ) ( VP ( VBG operating ) ) ) ) ) ) ) ) )

Much of the money goes into subsidies or keeping inefficient state-controlled companies operating


( SINV ( PP-LOC-PRD-TPC-1 ( IN Among ) ( NP ( DT the ) ( NNS results ) ) ) ( VP ( VBZ is ) ) ( NP-SBJ ( NP ( DT a ) ( JJ frequent ) ( NN breakdown ) ) ( PP ( IN of ) ( NP ( JJ public ) ( NNS services ) ) ) ) )

Among the results is a frequent breakdown of public services


( S ( NP-SBJ ( NP ( PRP It ) ) ) ( VP ( VBZ 's ) ( RB not ) ( ADJP-PRD ( JJ uncommon ) ) ( S-1 ( VP ( VP ( TO to ) ( VP ( VB wait ) ( NP ( CD three ) ( NNS minutes ) ) ( PP-CLR ( IN for ) ( NP ( DT a ) ( NN dial ) ( NN tone ) ) ) ( PP-TMP ( IN after ) ( S-NOM ( VP ( VBG picking ) ( PRT ( RP up ) ) ( NP ( DT the ) ( NN telephone ) ) ) ) ) ) ) ( CC and ) ( VP ( ADVP-TMP ( RB then ) ) ( TO to ) ( VP ( VB be ) ( VP ( VBN interrupted ) ( PP ( IN by ) ( NP-LGS ( DT a ) ( JJ busy ) ( NN signal ) ) ) ( PP-TMP ( IN before ) ( S-NOM ( VP ( VBG finishing ) ( VP ( VBG dialing ) ( NP ( DT the ) ( NN number ) ) ) ) ) ) ) ) ) ) ) ) )

It 's not uncommon to wait three minutes for a dial tone after picking up the telephone and then to be interrupted by a busy signal before finishing dialing the number


( S ( NP-SBJ ( NNS Officials ) ) ( ADVP ( RB also ) ) ( VP ( VBP say ) ( SBAR ( S ( NP-SBJ ( DT a ) ( JJ national ) ( NN electricity ) ( NN shortage ) ) ( VP ( MD might ) ( RB not ) ( VP ( VB be ) ( ADVP-LOC-PRD ( RB far ) ( RP off ) ) ) ) ) ) ) )

Officials also say a national electricity shortage might not be far off


( S ( NP-SBJ ( NP ( NNS Economists ) ) ( NP ( NNS businessmen ) ) ( CC and ) ( NP ( DT some ) ( NNS politicians ) ) ) ( VP ( VBP agree ) ( SBAR ( IN that ) ( S ( NP-SBJ ( DT the ) ( NN answer ) ) ( VP ( VBZ is ) ( NP-PRD ( NP ( DT an ) ( JJ orthodox ) ( JJ economic ) ( NN austerity ) ( NN program ) ) ( PP ( VBG including ) ( NP ( NP ( VBN reduced ) ( NN state ) ( NN spending ) ) ( S-NOM ( VP ( VBG focusing ) ( NP ( NN spending ) ) ( PP-CLR ( IN on ) ( NP ( NP ( JJ vital ) ( NNS areas ) ) ( PP ( JJ such ) ( IN as ) ( NP ( NN education ) ( NN health ) ( CC and ) ( NN welfare ) ) ) ) ) ) ) ( S-NOM ( VP ( VBG turning ) ( S ( NP-SBJ ( NN state ) ( NNS companies ) ) ( ADJP-PRD ( JJ private ) ) ) ) ) ( S-NOM ( VP ( VBG reforming ) ( NP ( DT the ) ( NN tax ) ( NN system ) ) ) ) ( S-NOM ( VP ( VBG raising ) ( NP ( JJ public ) ( NN service ) ( NNS rates ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB match ) ( NP ( NNS costs ) ) ) ) ) ) ) ( CC and ) ( ADVP ( RB possibly ) ) ( NP ( NP ( DT a ) ( JJ temporary ) ( NN wage ) ( CC and ) ( NN price ) ( NN freeze ) ) ( CC and ) ( NP ( NP ( DT a ) ( NN devaluation ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN cruzado ) ) ) ) ) ) ) ) ) ) ) ) )

Economists businessmen and some politicians agree that the answer is an orthodox economic austerity program including reduced state spending focusing spending on vital areas such as education health and welfare turning state companies private reforming the tax system raising public service rates to match costs and possibly a temporary wage and price freeze and a devaluation of the cruzado


( S ( NP-SBJ ( NNS Analysts ) ) ( ADVP ( RB also ) ) ( VP ( VBP say ) ( SBAR ( S ( NP-SBJ ( NP ( PRP it ) ) ) ( VP ( VBZ 's ) ( ADJP-PRD ( JJ inevitable ) ) ( SBAR-2 ( IN that ) ( S ( NP-SBJ-3 ( NNP Brazil ) ) ( VP ( MD will ) ( VP ( VB seek ) ( S ( VP ( TO to ) ( VP ( VB renegotiate ) ( NP ( NP ( PRP$ its ) ( ADJP ( QP ( CD 115 ) ( CD billion ) ) ) ( JJ foreign ) ( NN debt ) ) ( SBAR ( WHPP-1 ( IN on ) ( WHNP ( WDT which ) ) ) ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBD suspended ) ( NP ( NP ( NN interest ) ( NNS payments ) ) ) ( NP-TMP ( JJ last ) ( NN month ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Analysts also say it 's inevitable that Brazil will seek to renegotiate its 115 billion foreign debt on which it suspended interest payments last month


( S ( NP-SBJ ( NNS Analysts ) ) ( VP ( VBP say ) ( ADVP ( RB however ) ) ( SBAR ( IN that ) ( S ( NP-SBJ-2 ( DT a ) ( JJ tough ) ( JJ economic ) ( NN program ) ) ( VP ( MD would ) ( VP ( VB have ) ( S ( VP ( TO to ) ( VP ( VB be ) ( VP ( VBN accompanied ) ( PP ( IN by ) ( NP-LGS ( NP ( NNS measures ) ) ( SBAR ( S ( VP ( TO to ) ( VP ( VB shield ) ( NP ( DT the ) ( JJ poor ) ) ( PP-CLR ( IN from ) ( NP ( PRP$ its ) ( JJ recessionary ) ( NNS effects ) ) ) ( PP ( IN for ) ( NP ( NN instance ) ) ) ( PP-MNR ( IN by ) ( S-NOM ( VP ( VBG subsidizing ) ( NP ( JJ staple ) ( NN food ) ( NNS items ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Analysts say however that a tough economic program would have to be accompanied by measures to shield the poor from its recessionary effects for instance by subsidizing staple food items


( S ( NP-SBJ-1 ( NP ( QP ( RB About ) ( CD 80 ) ) ( NN % ) ) ( PP ( IN of ) ( NP ( NP ( NNP Brazil ) ( POS 's ) ) ( NNS voters ) ) ) ) ( VP ( VBP are ) ( VP ( VBN believed ) ( S ( VP ( TO to ) ( VP ( VB live ) ( PP-LOC-CLR ( IN near ) ( NP ( DT the ) ( NN poverty ) ( NN level ) ) ) ) ) ) ) ) )

About 80 % of Brazil 's voters are believed to live near the poverty level


( S ( PP ( IN Of ) ( NP ( NP ( DT the ) ( CD three ) ( NNS candidates ) ) ( PP ( IN with ) ( NP ( NP ( DT a ) ( JJ serious ) ( NN chance ) ) ( PP ( IN of ) ( S-NOM ( VP ( VBG winning ) ) ) ) ) ) ) ) ( NP-SBJ ( NNP Mr. ) ( NNP Collor ) ) ( VP ( VBZ comes ) ( ADVP-DIR ( JJS closest ) ( PP ( TO to ) ( S-NOM ( VP ( VBG advocating ) ( NP ( NP ( DT the ) ( NN sort ) ) ( PP ( IN of ) ( NP ( NNS measures ) ) ) ( SBAR ( WHNP-1 ( IN that ) ) ( S ( NP-SBJ ( NNS economists ) ) ( VP ( VBP say ) ( SBAR ( S ( VP ( VBP are ) ( ADJP-PRD ( JJ necessary ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Of the three candidates with a serious chance of winning Mr. Collor comes closest to advocating the sort of measures that economists say are necessary


( S ( CC But ) ( NP-SBJ ( PRP$ his ) ( NN inexperience ) ) ( VP ( VBZ raises ) ( NP ( NNS doubts ) ( SBAR ( IN that ) ( S ( NP-SBJ ( PRP he ) ) ( VP ( MD would ) ( VP ( VB have ) ( NP ( DT the ) ( JJ political ) ( NN power ) ( S ( VP ( TO to ) ( VP ( VB carry ) ( NP ( PRP them ) ) ( PRT ( RP out ) ) ) ) ) ) ) ) ) ) ) ) )

But his inexperience raises doubts that he would have the political power to carry them out


( S ( S ( NP-SBJ ( DT The ) ( JJ 67-year-old ) ( NNP Mr. ) ( NNP Brizola ) ) ( VP ( VBZ has ) ( VP ( VP ( VBN been ) ( ADJP-PRD-1 ( JJ vague ) ( PP ( IN about ) ( NP ( PRP$ his ) ( NNS intentions ) ) ) ) ) ( CC and ) ( VP ( ADVP-TMP ( RB often ) ) ( ADJP-PRD=1 ( JJ inflammatory ) ) ( PP-LOC ( IN in ) ( NP ( PRP$ his ) ( NN rhetoric ) ) ) ) ) ) ) ( CC but ) ( S ( NP-SBJ ( NNS analysts ) ) ( VP ( VBP say ) ( SBAR ( S ( NP-SBJ ( PRP he ) ) ( ADVP ( RB probably ) ) ( VP ( MD would ) ( VP ( VB be ) ( ADJP-PRD ( JJ pragmatic ) ) ) ) ) ) ) ) )

The 67-year-old Mr. Brizola has been vague about his intentions and often inflammatory in his rhetoric but analysts say he probably would be pragmatic


( S ( NP-SBJ-1 ( NP ( NNP Mr. ) ( NNP da ) ( NNP Silva ) ) ( NP ( DT a ) ( JJ 43-year-old ) ( JJ former ) ( NN factory ) ( NN worker ) ( CC and ) ( NN labor ) ( NN leader ) ) ) ( VP ( VBZ is ) ( NP-PRD ( DT the ) ( ADJP ( RBS most ) ( JJ radical ) ) ) ( S-ADV ( VP ( VP ( VBG vowing ) ( S ( VP ( TO to ) ( VP ( VB withhold ) ( NP ( NP ( NNS payments ) ) ( PP ( IN on ) ( NP ( DT the ) ( JJ foreign ) ( NN debt ) ) ) ) ) ) ) ) ( CC and ) ( VP ( VBG saying ) ( SBAR ( S ( NP-SBJ-3 ( PRP he ) ) ( VP ( MD would ) ( RB n't ) ( VP ( VB go ) ( ADVP-DIR ( RP around ) ) ( S-CLR ( VP ( VBG putting ) ( NP ( DT the ) ( NN country ) ) ( PP-PUT ( RP up ) ( PP ( IN for ) ( NP ( NP ( NN sale ) ) ( PP ( TO to ) ( NP ( DT the ) ( JJS highest ) ( NN bidder ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Mr. da Silva a 43-year-old former factory worker and labor leader is the most radical vowing to withhold payments on the foreign debt and saying he would n't go around putting the country up for sale to the highest bidder


( S ( CC But ) ( PP ( IN despite ) ( NP ( NP ( DT the ) ( NNS differences ) ) ( PP-LOC ( IN in ) ( SBAR ( WHNP-1 ( WP what ) ) ( S ( NP-SBJ ( PRP they ) ) ( VP ( VBP say ) ) ) ) ) ) ) ( PP ( VBG according ) ( PP ( TO to ) ( NP ( NP ( DT some ) ( NNS analysts ) ) ( ADVP-LOC ( RB here ) ) ) ) ) ( NP-SBJ ( JJ economic ) ( NNS constraints ) ) ( VP ( VBP mean ) ( SBAR ( S ( NP-SBJ ( DT the ) ( JJ next ) ( NN president ) ) ( VP ( MD may ) ( RB not ) ( VP ( VB have ) ( NP ( NP ( JJ many ) ( NNS choices ) ) ( PP ( IN about ) ( SBAR-NOM ( WHNP-2 ( WP what ) ) ( S ( NP-SBJ ( PRP he ) ) ( VP ( VBZ does ) ) ) ) ) ) ) ) ) ) ) )

But despite the differences in what they say according to some analysts here economic constraints mean the next president may not have many choices about what he does


( S ( NP-SBJ ( NP ( NNP Bancroft ) ( NNP Convertible ) ( NNP Fund ) ( NNP Inc. ) ) ( NP-LOC ( NNP New ) ( NNP York ) ) ) ( ADVP ( RB likely ) ) ( VP ( MD will ) ( VP ( VB reject ) ( NP ( NP ( DT a ) ( VBN renewed ) ( NN offer ) ) ( PP ( IN from ) ( NP ( NNP Florida ) ( NN investor ) ( NNP Robert ) ( NNP I. ) ( NNP Green ) ) ) ( S-1 ( VP ( TO to ) ( VP ( VB buy ) ( NP ( NNP Bancroft ) ) ( PP-CLR ( IN for ) ( NP ( NP ( CD 18.95 ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ) ) ) ) ) ) )

Bancroft Convertible Fund Inc. New York likely will reject a renewed offer from Florida investor Robert I. Green to buy Bancroft for 18.95 a share


( S ( NP-SBJ ( NP ( NNP Sigmund ) ( NNP Levine ) ) ( NP ( NNP Bancroft ) ( NN secretary ) ( CC and ) ( NN treasurer ) ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( NP ( DT the ) ( JJ closed-end ) ( NN fund ) ( POS 's ) ) ( NNS directors ) ) ( VP ( MD will ) ( VP ( VB consider ) ( NP ( NP ( NNP Mr. ) ( NNP Green ) ( POS 's ) ) ( NN offer ) ) ( PP-TMP ( IN in ) ( NP ( NP ( DT a ) ( NN couple ) ) ( PP ( IN of ) ( NP ( NNS weeks ) ) ) ) ) ( PP-LOC ( IN at ) ( NP ( DT a ) ( JJ regular ) ( NN meeting ) ) ) ) ) ) ) ) )

Sigmund Levine Bancroft secretary and treasurer said the closed-end fund 's directors will consider Mr. Green 's offer in a couple of weeks at a regular meeting


( S ( S-TPC-1 ( NP-SBJ ( PRP He ) ) ( VP ( VBZ has ) ( RB n't ) ( VP ( VBD added ) ( NP ( NN anything ) ) ) ) ) ( NP-SBJ-2 ( NNP Mr. ) ( NNP Levine ) ) ( VP ( VBD said ) ( S-ADV ( VP ( VBG predicting ) ( SBAR ( S ( NP-SBJ ( DT the ) ( NN board ) ) ( VP ( MD will ) ( ADVP ( RB again ) ) ( VP ( VB reject ) ( NP ( NP ( NNP Mr. ) ( NNP Green ) ( POS 's ) ) ( NN proposal ) ) ) ) ) ) ) ) ) )

He has n't added anything Mr. Levine said predicting the board will again reject Mr. Green 's proposal


( S ( PP-LOC ( IN In ) ( NP ( DT a ) ( NNP Securities ) ( CC and ) ( NNP Exchange ) ( NNP Commission ) ( NN filing ) ) ) ( NP-SBJ ( NNP Mr. ) ( NNP Green ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP he ) ) ( VP ( VBD had ) ( VP ( VP ( VBN boosted ) ( NP ( NP ( PRP$ his ) ( NNS holdings ) ) ( PP ( IN in ) ( NP ( NNP Bancroft ) ( JJ common ) ) ) ) ( PP-DIR ( TO to ) ( NP ( CD 10.4 ) ( NN % ) ) ) ( PP-DIR ( IN from ) ( NP ( CD 8.5 ) ( NN % ) ) ) ) ( CC and ) ( VP ( VBN renewed ) ( NP ( NP ( DT an ) ( NN offer ) ) ( SBAR ( S ( NP-SBJ ( PRP he ) ) ( VP ( VBD made ) ( PP-LOC ( IN in ) ( NP ( NNP March ) ) ) ) ) ) ( S-2 ( VP ( TO to ) ( VP ( VB acquire ) ( NP ( DT the ) ( NN fund ) ) ) ) ) ) ) ) ) ) ) ) )

In a Securities and Exchange Commission filing Mr. Green said he had boosted his holdings in Bancroft common to 10.4 % from 8.5 % and renewed an offer he made in March to acquire the fund


( S ( NP-SBJ ( NNP Mr. ) ( NNP Levine ) ) ( VP ( VBD noted ) ( SBAR ( DT that ) ( S ( NP-SBJ ( NP ( NNP Bancroft ) ( POS 's ) ) ( NNS shares ) ) ( VP ( VBP have ) ( VP ( VBN been ) ( VP ( VBG trading ) ( PP-CLR ( IN at ) ( CC or ) ( IN above ) ( NP ( NP ( NNP Mr. ) ( NNP Green ) ( POS 's ) ) ( NN offering ) ( NN price ) ) ) ( PP-TMP ( IN for ) ( NP ( DT the ) ( JJ last ) ( JJ several ) ( NNS months ) ) ) ) ) ) ) ) ) )

Mr. Levine noted that Bancroft 's shares have been trading at or above Mr. Green 's offering price for the last several months


( S ( NP-SBJ ( PRP He ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ-1 ( NNP Bancroft ) ( NNS attorneys ) ) ( VP ( VBP are ) ( VP ( VBN scheduled ) ( S ( VP ( TO to ) ( VP ( VB meet ) ( PP ( IN with ) ( NP ( NP ( NNP Mr. ) ( NNP Green ) ( POS 's ) ) ( NNS attorneys ) ) ) ( PP-LOC ( IN in ) ( NP ( NNP Delaware ) ( NNP Chancery ) ( NNP Court ) ) ) ( PP-TMP ( IN at ) ( NP ( NP ( DT the ) ( NN end ) ) ( PP ( IN of ) ( NP ( DT this ) ( NN week ) ) ) ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB respond ) ( PP-CLR ( TO to ) ( NP ( NP ( NP ( DT the ) ( NN investor ) ( POS 's ) ) ( NN request ) ) ( PP ( IN for ) ( NP ( NP ( NN company ) ( NNS records ) ) ( PP ( IN for ) ( NP ( DT the ) ( JJ past ) ( CD five ) ( NNS years ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

He said Bancroft attorneys are scheduled to meet with Mr. Green 's attorneys in Delaware Chancery Court at the end of this week to respond to the investor 's request for company records for the past five years


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

Mr. Green could n't be reached


( S ( NP-SBJ ( NNP Fluor ) ( NNP Corp. ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ-1 ( PRP it ) ) ( VP ( VBD was ) ( VP ( VBN awarded ) ( NP ( DT a ) ( ADJP ( QP ( CD 300 ) ( CD million ) ) ) ( NN contract ) ( S ( VP ( TO to ) ( VP ( VB provide ) ( NP ( UCP ( NN engineering ) ( CC and ) ( JJ construction-management ) ) ( NNS services ) ) ( PP-LOC ( IN at ) ( NP ( NP ( DT a ) ( NN copper ) ( NN mine ) ) ( PP-LOC ( IN in ) ( NP ( NP ( NNP Irian ) ( NNP Jaya ) ) ( NP ( NNP Indonesia ) ) ) ) ) ) ( PP-BNF ( IN for ) ( NP ( NP ( DT a ) ( NN unit ) ) ( PP ( IN of ) ( NP ( NNP Freeport-McMoRan ) ( NNP Copper ) ( NNP Co ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Fluor Corp. said it was awarded a 300 million contract to provide engineering and construction-management services at a copper mine in Irian Jaya Indonesia for a unit of Freeport-McMoRan Copper Co


( S ( NP-SBJ ( NP ( NNP Fluor ) ) ( VP ( VBN based ) ( PP-LOC-CLR ( IN in ) ( NP ( NP ( NNP Irvine ) ) ( NP ( NNP Calif. ) ) ) ) ) ) ( VP ( MD will ) ( VP ( VB direct ) ( NP ( NP ( NN expansion ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( NN mine ) ( POS 's ) ) ( NN capacity ) ) ) ( PP ( TO to ) ( NP ( NP ( CD 52,000 ) ( JJ metric ) ( NNS tons ) ) ( NP-ADV ( DT a ) ( NN day ) ) ) ) ( PP ( IN from ) ( NP ( NP ( CD 32,000 ) ( JJ metric ) ( NNS tons ) ) ( NP-ADV ( DT a ) ( NN day ) ) ) ) ) ) ) )

Fluor based in Irvine Calif. will direct expansion of the mine 's capacity to 52,000 metric tons a day from 32,000 metric tons a day


( S ( NP-SBJ-1993 ( NP ( NN Completion ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN project ) ) ) ) ( VP ( VBZ is ) ( VP ( VBN expected ) ( PP-TMP-CLR ( IN by ) ( NP ( NN mid-1992 ) ) ) ) ) )

Completion of the project is expected by mid-1992


( S ( PP-TMP ( IN In ) ( NP ( CD 1988 ) ) ) ( NP-SBJ ( NNP Fluor ) ) ( VP ( VBD had ) ( NP ( NP ( NP ( NN revenue ) ) ( PP ( IN of ) ( NP ( QP ( CD 5.1 ) ( CD billion ) ) ) ) ) ( CC and ) ( NP ( NP ( NNS earnings ) ) ( PP ( IN of ) ( NP ( NP ( QP ( CD 56.4 ) ( CD million ) ) ) ( CC or ) ( NP ( NP ( CD 71 ) ( NNS cents ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ) ) ) ) )

In 1988 Fluor had revenue of 5.1 billion and earnings of 56.4 million or 71 cents a share


( S ( NP-SBJ ( NNP Ford ) ( NNP Motor ) ( NNP Co. ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBZ is ) ( VP ( VBG recalling ) ( NP ( NP ( QP ( RB about ) ( CD 3,600 ) ) ) ( PP ( IN of ) ( NP ( PRP$ its ) ( JJ 1990-model ) ( NNS Escorts ) ) ) ) ( SBAR-PRP ( IN because ) ( S ( NP-SBJ-1 ( DT the ) ( NN windshield ) ( NN adhesive ) ) ( VP ( VBD was ) ( VP ( ADVP-MNR ( RB improperly ) ) ( VBN applied ) ( PP-CLR ( TO to ) ( NP ( DT some ) ( NNS cars ) ) ) ) ) ) ) ) ) ) ) ) )

Ford Motor Co. said it is recalling about 3,600 of its 1990-model Escorts because the windshield adhesive was improperly applied to some cars


( S ( ADVP ( NNP Separately ) ) ( NP-SBJ ( NP ( NNP Ford ) ) ( CC and ) ( NP ( NP ( NNP Mazda ) ( NNP Motor ) ( NNP Corp. ) ( POS 's ) ) ( NNP U.S. ) ( NNS sales ) ( NN arm ) ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ-1 ( PRP they ) ) ( VP ( VBP are ) ( VP ( VBG recalling ) ( NP ( NP ( NP ( QP ( RB about ) ( CD 88,500 ) ) ( JJ 1988-model ) ( NNP Mercury ) ( NNP Tracers ) ) ( CC and ) ( NP ( CD 220,000 ) ( CD 1986 ) ( CD 1987 ) ( CC and ) ( CD 1988 ) ( NN model ) ( NNP Mazda ) ( NNS 323s ) ) ) ( VP ( VBN equipped ) ( PP-CLR ( IN with ) ( NP ( JJ 1.6-liter ) ( JJ fuel-injected ) ( NNS engines ) ) ) ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB replace ) ( NP ( DT the ) ( NN oil ) ( NN filler ) ( NN cap ) ) ) ) ) ) ) ) ) ) )

Separately Ford and Mazda Motor Corp. 's U.S. sales arm said they are recalling about 88,500 1988-model Mercury Tracers and 220,000 1986 1987 and 1988 model Mazda 323s equipped with 1.6-liter fuel-injected engines to replace the oil filler cap


( S ( NP-SBJ ( NNP Mazda ) ) ( VP ( VBZ makes ) ( NP ( DT the ) ( NNP Tracer ) ) ( PP ( IN for ) ( NP ( NNP Ford ) ) ) ) )

Mazda makes the Tracer for Ford


( S ( S-TPC-1 ( PP ( IN As ) ( NP ( NP ( DT a ) ( NN result ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( JJ adhesive ) ( NN problem ) ) ( PP ( IN on ) ( NP ( DT the ) ( NNP Ford ) ( NNP Escort ) ( NNS subcompacts ) ) ) ) ) ) ) ( NP-SBJ ( NNS windshields ) ) ( VP ( MD may ) ( VP ( ADVP-MNR ( RB easily ) ) ( VB separate ) ( PP-CLR ( IN from ) ( NP ( DT the ) ( NN car ) ) ) ( PP-TMP ( IN during ) ( NP ( JJ frontal ) ( NN impact ) ) ) ) ) ) ( NP-SBJ ( DT the ) ( NNP U.S. ) ( NN auto ) ( NN maker ) ) ( VP ( VBD said ) ) )

As a result of the adhesive problem on the Ford Escort subcompacts windshields may easily separate from the car during frontal impact the U.S. auto maker said


( S ( SBAR-TMP ( WHADVP-1 ( WRB When ) ) ( S ( VP ( ADVP-MNR ( RB properly ) ) ( VBN applied ) ) ) ) ( NP-SBJ-2 ( DT the ) ( NN adhesive ) ) ( VP ( VBZ is ) ( VP ( VBN designed ) ( S ( VP ( TO to ) ( VP ( VB retain ) ( NP ( DT the ) ( NN windshield ) ) ( PP-LOC-CLR ( IN in ) ( NP ( NN place ) ) ) ( PP-LOC ( IN in ) ( NP ( NP ( DT a ) ( JJ crash ) ( NN test ) ) ( PP ( IN at ) ( NP ( NP ( CD 30 ) ( NNS miles ) ) ( PP ( IN per ) ( NP ( NN hour ) ) ) ) ) ) ) ) ) ) ) ) )

When properly applied the adhesive is designed to retain the windshield in place in a crash test at 30 miles per hour


( S ( NP-SBJ ( DT A ) ( NNP Ford ) ( NN spokesman ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( DT the ) ( NAC-LOC ( NNP Dearborn ) ( NNP Mich. ) ) ( NN auto ) ( NN maker ) ) ( VP ( VBZ is ) ( RB n't ) ( ADJP-PRD ( JJ aware ) ( PP ( IN of ) ( NP ( NP ( DT any ) ( NNS injuries ) ) ( VP ( VBN caused ) ( PP ( IN by ) ( NP-LGS ( DT the ) ( NN windshield ) ( NN problem ) ) ) ) ) ) ) ) ) ) ) )

A Ford spokesman said the Dearborn Mich. auto maker is n't aware of any injuries caused by the windshield problem


( S ( NP-SBJ ( NNP Ford ) ) ( VP ( VBD said ) ( SBAR ( S ( S ( NP-SBJ ( NNS owners ) ) ( VP ( MD should ) ( VP ( VB return ) ( NP ( DT the ) ( NNS cars ) ) ( PP-CLR ( TO to ) ( NP ( NNS dealers ) ) ) ) ) ) ( IN so ) ( S ( NP-SBJ-1 ( DT the ) ( NNS windshields ) ) ( VP ( MD can ) ( VP ( VB be ) ( VP ( VP ( VBN removed ) ) ( CC and ) ( VP ( ADVP-MNR ( RB securely ) ) ( VBN reinstalled ) ) ) ) ) ) ) ) ) )

Ford said owners should return the cars to dealers so the windshields can be removed and securely reinstalled


( S ( NP-SBJ ( NNP Mazda ) ( CC and ) ( NNP Ford ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( NP ( DT a ) ( NN combination ) ) ( PP ( IN of ) ( NP ( NP ( JJ limited ) ( NN crankcase ) ( NN ventilation ) ) ( CC and ) ( NP ( JJ improper ) ( NN maintenance ) ) ) ) ) ( VP ( MD could ) ( VP ( VB cause ) ( S ( NP-SBJ ( NP ( NN engine ) ( NN oil ) ) ( PP-LOC ( IN in ) ( NP ( NP ( DT some ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( NNP Mercury ) ( NNP Tracers ) ) ( CC and ) ( NP ( NNP Mazda ) ( NNS 323s ) ) ) ) ) ) ) ( VP ( TO to ) ( VP ( VB deteriorate ) ( ADVP-MNR ( ADVP ( RBR more ) ( RB rapidly ) ) ( PP ( IN than ) ( ADJP ( JJ normal ) ) ) ) ( S-ADV ( VP ( VBG causing ) ( NP ( NP ( VBN increased ) ( NN engine ) ( NN noise ) ) ( CC or ) ( NP ( VBN reduced ) ( NN engine ) ( NN life ) ) ) ) ) ) ) ) ) ) ) ) ) )

Mazda and Ford said a combination of limited crankcase ventilation and improper maintenance could cause engine oil in some of the Mercury Tracers and Mazda 323s to deteriorate more rapidly than normal causing increased engine noise or reduced engine life


( S ( NP-SBJ ( PRP They ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( DT the ) ( NNS problems ) ) ( VP ( VBP are ) ( RB n't ) ( ADJP-PRD ( NN safety ) ( VBN related ) ) ) ) ) ) )

They said the problems are n't safety related


( S ( NP-SBJ ( DT Both ) ( NNS companies ) ) ( VP ( MD will ) ( VP ( VB replace ) ( NP ( DT the ) ( NN oil ) ( NN filler ) ( NN cap ) ) ( PP-CLR ( IN with ) ( NP ( DT a ) ( VBN ventilated ) ( NN oil ) ( NN filler ) ( NN cap ) ) ) ) ) )

Both companies will replace the oil filler cap with a ventilated oil filler cap


( S ( NP-SBJ ( DT Both ) ) ( ADVP ( RB also ) ) ( VP ( MD will ) ( VP ( VB inspect ) ( CC and ) ( VB replace ) ( PRN ( SBAR-ADV ( IN if ) ( FRAG ( ADJP ( JJ necessary ) ) ) ) ) ( NP ( NP ( NN oil ) ( NNS filters ) ) ( CC and ) ( NP ( NN oil ) ( NNS strainers ) ) ) ( PP ( IN at ) ( NP ( NP ( DT no ) ( NN charge ) ) ( PP ( TO to ) ( NP ( NNS owners ) ) ) ) ) ) ) )

Both also will inspect and replace if necessary oil filters and oil strainers at no charge to owners


( S ( PP ( IN For ) ( NP ( NP ( NNS owners ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( VBP have ) ( VP ( VBN followed ) ( NP ( DT the ) ( VBN recommended ) ( NN oil ) ( NN maintenance ) ( NN schedule ) ) ) ) ) ) ) ) ( NP-SBJ ( NNP Mazda ) ) ( VP ( MD will ) ( VP ( VB extend ) ( PP-CLR ( TO to ) ( NP ( NP ( CD five ) ( NNS years ) ) ( CC or ) ( NP ( CD 60,000 ) ( NNS miles ) ) ) ) ( NP ( NP ( DT the ) ( NN warranty ) ( NN term ) ) ( PP ( IN for ) ( NP ( NP ( NN engine ) ( NN damage ) ) ( ADJP ( JJ due ) ( PP ( TO to ) ( NP ( JJ abnormal ) ( NN engine ) ( NN oil ) ( NN deterioration ) ) ) ) ) ) ) ) ) )

For owners who have followed the recommended oil maintenance schedule Mazda will extend to five years or 60,000 miles the warranty term for engine damage due to abnormal engine oil deterioration


( S ( S ( NP-SBJ ( NP ( DT The ) ( JJ normal ) ( NN term ) ) ( PP ( IN for ) ( NP ( DT the ) ( CD 1986 ) ( CC and ) ( CD 1987 ) ( NN model ) ( CD 323 ) ) ) ) ( VP ( VBZ is ) ( NP-PRD ( NP ( CD two ) ( NNS years ) ) ( CC or ) ( NP ( CD 24,000 ) ( NNS miles ) ) ) ) ) ( S ( NP-SBJ ( NP ( DT the ) ( NN term ) ) ( PP ( IN for ) ( NP ( DT the ) ( CD 1988 ) ( CD 323 ) ) ) ) ( VP ( VBZ is ) ( NP-PRD ( NP ( CD three ) ( NNS years ) ) ( CC or ) ( NP ( CD 50,000 ) ( NNS miles ) ) ) ) ) )

The normal term for the 1986 and 1987 model 323 is two years or 24,000 miles the term for the 1988 323 is three years or 50,000 miles


( S ( NP-SBJ ( NNP Ford ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( NP ( DT the ) ( NN term ) ) ( PP ( IN on ) ( NP ( PRP$ its ) ( NN warranty ) ) ) ) ( VP ( VBZ is ) ( ADVP ( RB already ) ) ( NP-PRD ( NP ( CD six ) ( NNS years ) ) ( CC or ) ( NP ( CD 60,000 ) ( NNS miles ) ) ) ) ) ) ) )

Ford said the term on its warranty is already six years or 60,000 miles


( S ( ADVP ( NNP Separately ) ) ( NP-SBJ ( NNP Ford ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( MD will ) ( VP ( VB offer ) ( NP ( ADJP ( CD 750 ) ) ( NN cash ) ( NNS rebates ) ) ( PP-DTV ( TO to ) ( NP ( NP ( NNS buyers ) ) ( PP ( IN of ) ( NP ( PRP$ its ) ( JJ 1990-model ) ( NNP Ford ) ( NNP Bronco ) ( NN sport ) ( NN utility ) ( NN vehicle ) ) ) ) ) ) ) ) ) ) )

Separately Ford said it will offer 750 cash rebates to buyers of its 1990-model Ford Bronco sport utility vehicle


( S ( NP-SBJ ( PRP It ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( MD will ) ( ADVP ( RB also ) ) ( VP ( VB offer ) ( NP ( NNS buyers ) ) ( NP ( NP ( DT the ) ( NN option ) ) ( PP ( IN of ) ( NP ( NP ( NN financing ) ) ( ADJP ( ADJP ( RB as ) ( JJ low ) ) ( PP ( IN as ) ( NP ( CD 6.9 ) ( NN % ) ) ) ) ( PP ( IN on ) ( NP ( JJ 24-month ) ( NNS loans ) ) ) ) ) ) ) ) ) ) ) )

It said it will also offer buyers the option of financing as low as 6.9 % on 24-month loans


( S ( NP-SBJ ( NNP Ford ) ) ( ADVP ( RB also ) ) ( VP ( VBD offered ) ( NP ( DT the ) ( JJ low ) ( NN financing ) ( NN rate ) ( NN option ) ) ( PP-CLR ( IN on ) ( NP ( NP ( JJ 1989-model ) ( NNS Broncos ) ) ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( ADVP-TMP ( RB previously ) ) ( VP ( VBD carried ) ( NP ( DT a ) ( ADJP ( CD 750 ) ) ( NN cash ) ( NN discount ) ) ) ) ) ) ) ) )

Ford also offered the low financing rate option on 1989-model Broncos which previously carried a 750 cash discount


( S ( NP-SBJ ( NNP Ford ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( DT the ) ( JJ new ) ( NN offer ) ) ( VP ( MD will ) ( VP ( VP ( VB begin ) ( NP-TMP-CLR ( NNP Saturday ) ) ) ( CC and ) ( VP ( VB run ) ( ADVP-TMP ( RB indefinitely ) ) ) ) ) ) ) ) )

Ford said the new offer will begin Saturday and run indefinitely


( S ( NP-SBJ ( NP ( NNP WPP ) ( NNP GROUP ) ( POS 'S ) ) ( NNP Ogilvy ) ( CC & ) ( NNP Mather ) ) ( VP ( VBZ expects ) ( S ( NP-SBJ ( NN profit ) ( NNS margins ) ) ( VP ( TO to ) ( VP ( VB improve ) ( PP-DIR ( TO to ) ( NP ( CD 11.5 ) ( NN % ) ) ) ( PP-TMP ( IN in ) ( NP ( CD 1990 ) ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NNP U.S. ) ) ) ) ) ) ) )

WPP GROUP 'S Ogilvy & Mather expects profit margins to improve to 11.5 % in 1990 in the U.S.


( S ( NP-SBJ ( NP ( NN Yesterday ) ( POS 's ) ) ( NN edition ) ) ( VP ( VBD did ) ( RB n't ) ( VP ( VB specify ) ( SBAR ( WHADVP-1 ( WRB where ) ) ( S ( NP-SBJ ( DT the ) ( NN improvement ) ) ( VP ( MD would ) ( VP ( VB take ) ( NP ( NN place ) ) ) ) ) ) ) ) )

Yesterday 's edition did n't specify where the improvement would take place


( NP-TMP ( NNP Monday ) ( NNP October ) ( CD 30 ) ( CD 1989 ) )

Monday October 30 1989