( S ( NP-SBJ ( NP ( NNP Assistant ) ( NNP U.S. ) ( NNP Attorney ) ( NNP Terry ) ( NNP Hart ) ) ( PP ( IN of ) ( NP ( NNP Dallas ) ) ) ) ( VP ( VBZ says ) ( SBAR ( S ( NP-SBJ ( DT the ) ( NN government ) ) ( VP ( MD will ) ( VP ( VB oppose ) ( NP ( DT any ) ( NNS efforts ) ( S ( VP ( TO to ) ( VP ( VB bring ) ( PRT ( RP in ) ) ( NP ( DT a ) ( JJ new ) ( NN defense ) ( NN team ) ) ) ) ) ) ( SBAR-PRP ( IN because ) ( S ( NP-SBJ ( PRP it ) ) ( VP ( MD would ) ( VP ( VB delay ) ( NP ( DT a ) ( NN retrial ) ) ) ) ) ) ) ) ) ) ) )

Assistant U.S. Attorney Terry Hart of Dallas says the government will oppose any efforts to bring in a new defense team because it would delay a retrial


( S-HLN ( NP-SBJ-1 ( NP ( JJ FEDERAL ) ( NN JUDGE ) ( NNP ALCEE ) ( NNP HASTINGS ) ) ( PP ( IN of ) ( NP ( NNP Florida ) ) ) ) ( S-ADV ( VP ( VBG facing ) ( NP ( NN impeachment ) ) ) ) ( VP ( VBD received ) ( NP ( DT an ) ( JJ unanticipated ) ( NN boost ) ) ( NP-TMP ( NN yesterday ) ) ) )

FEDERAL JUDGE ALCEE HASTINGS of Florida facing impeachment received an unanticipated boost yesterday


( S ( NP-SBJ ( NP ( NNP Sen. ) ( NNP Arlen ) ( NNP Specter ) ) ( PRN ( NP ( NP ( NNP R. ) ) ( NP-LOC ( NNP Pa ) ) ) ) ) ( VP ( VBD urged ) ( NP ( NP ( NN acquittal ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN judge ) ) ) ) ( PP-LOC ( IN in ) ( NP ( NP ( DT a ) ( NN brief ) ) ( VP ( VBN circulated ) ( PP-CLR ( TO to ) ( NP ( PRP$ his ) ( NNP Senate ) ( NNS colleagues ) ) ) ( PP-TMP ( IN during ) ( NP ( JJ closed-door ) ( NNS deliberations ) ) ) ) ) ) ) )

Sen. Arlen Specter R. Pa urged acquittal of the judge in a brief circulated to his Senate colleagues during closed-door deliberations


( S ( PP ( IN Among ) ( NP ( JJ other ) ( NNS things ) ) ) ( NP-SBJ ( DT the ) ( NN brief ) ) ( VP ( VBD cited ) ( NP ( JJ insufficient ) ( NN evidence ) ) ) )

Among other things the brief cited insufficient evidence


( S ( NP-SBJ ( NNP Sen. ) ( NNP Specter ) ) ( VP ( VBD was ) ( NP-PRD ( NP ( NN vice ) ( NN chairman ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( NN impeachment ) ( NN trial ) ( NN committee ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( VBD heard ) ( NP ( NN evidence ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NNP Hastings ) ( NN case ) ) ) ( NP-TMP ( JJ last ) ( NN summer ) ) ) ) ) ) ) ) ) )

Sen. Specter was vice chairman of the impeachment trial committee that heard evidence in the Hastings case last summer


( S ( S-ADV ( NP-PRD ( DT A ) ( NX ( NX ( JJ former ) ( NN prosecutor ) ) ( CC and ) ( NX ( NX ( NN member ) ) ( PP ( IN of ) ( NP ( DT the ) ( NNP Senate ) ( NNP Judiciary ) ( NNP Committee ) ) ) ) ) ) ) ( NP-SBJ-1 ( NNP Sen. ) ( NNP Specter ) ) ( VP ( VBZ is ) ( VP ( VBN expected ) ( S ( VP ( TO to ) ( VP ( VB exercise ) ( NP ( NN influence ) ) ( SBAR-TMP ( WHADVP-2 ( WRB when ) ) ( S ( NP-SBJ ( DT the ) ( NNP Senate ) ) ( VP ( VBZ votes ) ( PP-CLR ( IN on ) ( NP ( DT the ) ( NN impeachment ) ) ) ( NP-TMP ( NN today ) ) ) ) ) ) ) ) ) ) )

A former prosecutor and member of the Senate Judiciary Committee Sen. Specter is expected to exercise influence when the Senate votes on the impeachment today


( NP-HLN ( NNP RICHMOND ) ( NNS RESIGNATIONS ) )

RICHMOND RESIGNATIONS


( S ( NP-SBJ ( NP ( CD Six ) ( NNS partners ) ) ( PP-LOC ( IN in ) ( NP ( NP ( DT the ) ( NAC-LOC ( NNP Richmond ) ( NNP Va. ) ) ( NN firm ) ) ( PP ( IN of ) ( NP ( NNP Browder ) ( NNP Russell ) ( NNP Morris ) ( CC & ) ( NNP Butcher ) ) ) ) ) ) ( VP ( VBD announced ) ( SBAR ( S ( NP-SBJ ( PRP they ) ) ( VP ( VBP are ) ( VP ( VBG resigning ) ) ) ) ) ) )

Six partners in the Richmond Va. firm of Browder Russell Morris & Butcher announced they are resigning


( S ( NP-SBJ-1 ( NP ( NP ( CD Five ) ) ( PP ( IN of ) ( NP ( DT the ) ( NNS partners ) ) ) ) ( NP ( NP ( NNP James ) ( NNP W. ) ( NNP Morris ) ) ( NP ( NNP Philip ) ( NNP B. ) ( NNP Morris ) ) ( NP ( NNP Robert ) ( NNP M. ) ( NNP White ) ) ( NP ( NNP Ann ) ( NNP Adams ) ( NNP Webster ) ) ( CC and ) ( NP ( NNP Jacqueline ) ( NNP G. ) ( NNP Epps ) ) ) ) ( VP ( VBP are ) ( VP ( VBG opening ) ( NP ( DT a ) ( NN boutique ) ) ( PP-LOC ( IN in ) ( NP ( NNP Richmond ) ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB concentrate ) ( PP-CLR ( IN on ) ( NP ( JJ corporate ) ( NN defense ) ( NN litigation ) ) ) ( PP-LOC ( ADVP ( RB particularly ) ) ( IN in ) ( NP ( NN product ) ( NN liability ) ( NNS cases ) ) ) ) ) ) ) ) )

Five of the partners James W. Morris Philip B. Morris Robert M. White Ann Adams Webster and Jacqueline G. Epps are opening a boutique in Richmond to concentrate on corporate defense litigation particularly in product liability cases


( S ( NP-SBJ ( NP ( DT The ) ( JJ sixth ) ( NN partner ) ) ( NP ( NNP John ) ( NNP H. ) ( NNP OBrion ) ( NNP Jr. ) ) ) ( VP ( VBZ is ) ( VP ( VBG joining ) ( NP ( NP ( NNP Cowan ) ( CC & ) ( NNP Owen ) ) ( NP ( NP ( DT a ) ( JJR smaller ) ( NN firm ) ) ( PP-LOC ( IN outside ) ( NP ( NNP Richmond ) ) ) ) ) ) ) )

The sixth partner John H. OBrion Jr. is joining Cowan & Owen a smaller firm outside Richmond


( NP-HLN ( NNP LAW ) ( NNP FIRM ) ( NNS NOTES ) )

LAW FIRM NOTES


( S ( NP-SBJ ( NP ( NNP Nixon ) ( NNP Hargrave ) ( NNP Devans ) ( CC & ) ( NNP Doyle ) ) ( VP ( VBN based ) ( PP-LOC-CLR ( IN in ) ( NP ( NP ( NNP Rochester ) ) ( NP ( NNP N.Y. ) ) ) ) ) ) ( VP ( VBZ has ) ( VP ( VBN opened ) ( NP ( NP ( DT an ) ( NN office ) ) ( PP-LOC ( IN in ) ( NP ( NP ( NNP Buffalo ) ) ( NP ( NNP N.Y ) ) ) ) ) ) ) )

Nixon Hargrave Devans & Doyle based in Rochester N.Y. has opened an office in Buffalo N.Y


( S ( NP-SBJ ( NP ( NNP Mayer ) ( NNP Brown ) ( CC & ) ( NNP Platt ) ) ( NP-LOC ( NNP Chicago ) ) ) ( VP ( VBD added ) ( NP ( NP ( CD two ) ( NNS partners ) ) ) ( PP-CLR ( TO to ) ( NP ( PRP$ its ) ( NNP Houston ) ( NN office ) ) ) ( NP-1 ( NP ( NNP Eddy ) ( NNP J. ) ( NNP Roger ) ( NNP Jr. ) ) ( CC and ) ( NP ( NNP Jeff ) ( NNP C. ) ( NNP Dodd ) ) ) ) )

Mayer Brown & Platt Chicago added two partners to its Houston office Eddy J. Roger Jr. and Jeff C. Dodd


( S ( NP-SBJ ( NP ( NN Copyright ) ( NN specialist ) ( NNP Neil ) ( NNP Boorstyn ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( VBZ writes ) ( NP ( DT the ) ( JJ monthly ) ( NNP Copyright ) ( NNP Law ) ( NNP Journal ) ( NN newsletter ) ) ) ) ) ) ( VP ( VBZ is ) ( VP ( VBG joining ) ( NP ( NNP McCutchen ) ( NNP Doyle ) ( NNP Brown ) ( CC & ) ( NNP Enersen ) ) ) ) )

Copyright specialist Neil Boorstyn who writes the monthly Copyright Law Journal newsletter is joining McCutchen Doyle Brown & Enersen


( SBARQ ( WHNP-1 ( WP What ) ) ( SQ ( VBZ 's ) ( PP-PRD ( IN in ) ( NP ( DT a ) ( NN name ) ) ) ) )

What 's in a name


( FRAG ( ADVP ( RB Apparently ) ) ( NP ( DT a ) ( NN lot ) ) ( PP ( VBG according ) ( PP ( TO to ) ( NP ( NP ( DT the ) ( JJ British ) ( NN firm ) ) ( PP ( IN of ) ( NP ( NNP Deloitte ) ( NNP Haskins ) ( CC & ) ( NNP Sells ) ) ) ) ) ) )

Apparently a lot according to the British firm of Deloitte Haskins & Sells


( S ( NP-SBJ-1 ( DT The ) ( JJ British ) ( NN firm ) ) ( VP ( VBZ has ) ( VP ( VBN begun ) ( NP ( NN court ) ( NNS proceedings ) ) ( PP-LOC ( IN in ) ( NP ( NNP London ) ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB prevent ) ( NP ( NP ( DT the ) ( NN use ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN name ) ( NNP Deloitte ) ) ) ( PP ( IN by ) ( NP ( NP ( NNP Deloitte ) ( NNP Haskins ) ( CC & ) ( NNP Sells ) ) ( CC and ) ( NP ( NP ( NNP Touche ) ( NNP Ross ) ( CC & ) ( NNP Co. ) ) ) ) ) ( PP-LOC ( IN in ) ( NP ( NP ( NNP England ) ) ( CC and ) ( NP ( NP ( DT the ) ( NN rest ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN world ) ) ) ) ) ) ) ) ) ) ) ) )

The British firm has begun court proceedings in London to prevent the use of the name Deloitte by Deloitte Haskins & Sells and Touche Ross & Co. in England and the rest of the world


( S ( NP-SBJ ( DT The ) ( JJ British ) ( NNP Deloitte ) ( NN firm ) ) ( ADVP-TMP ( RB recently ) ) ( VP ( VP ( VBD withdrew ) ( PP-CLR ( IN from ) ( NP ( NP ( DT the ) ( NN merger ) ) ( PP ( IN of ) ( NP ( NNP Deloitte ) ( CC and ) ( NNP Touche ) ( JJ world-wide ) ) ) ) ) ) ( CC and ) ( VP ( VBD joined ) ( NP ( NNP Coopers ) ( CC & ) ( NNP Lybrand ) ) ) ) )

The British Deloitte firm recently withdrew from the merger of Deloitte and Touche world-wide and joined Coopers & Lybrand


( S ( NP-SBJ ( NP ( NNP John ) ( NNP Bullock ) ) ( NP ( NP ( JJ senior ) ( NN partner ) ) ( PP ( IN of ) ( NP ( NNP Deloitte ) ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NNP U.K. ) ) ) ) ) ( VP ( VBD said ) ( S ( NP-SBJ-1 ( DT the ) ( NN decision ) ( S ( VP ( TO to ) ( VP ( VB start ) ( NP ( DT these ) ( NNS proceedings ) ) ) ) ) ) ( VP ( VBZ has ) ( RB n't ) ( VP ( VBN been ) ( VP ( VBN taken ) ( ADVP-MNR ( RB lightly ) ) ) ) ) ) ) )

John Bullock senior partner of Deloitte in the U.K. said the decision to start these proceedings has n't been taken lightly


( S ( NP-SBJ ( NNP Mr. ) ( NNP Bullock ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( DT the ) ( JJ British ) ( NN firm ) ) ( VP ( VBZ has ) ( VP ( VBN used ) ( NP ( DT the ) ( NN name ) ( NNP Deloitte ) ) ( PP-TMP ( IN since ) ( NP ( CD 1845 ) ) ) ) ) ) ) ) )

Mr. Bullock said the British firm has used the name Deloitte since 1845


( S ( PP-LOC ( IN In ) ( NP ( DT the ) ( NNP U.S. ) ) ) ( NP-SBJ-1 ( NNP Deloitte ) ( NNP Haskins ) ( CC & ) ( NNP Sells ) ) ( VP ( VBD was ) ( VP ( VBN known ) ( PP-CLR ( IN as ) ( NP ( NNP Haskins ) ( CC & ) ( NNP Sells ) ) ) ( PP-TMP ( IN until ) ( NP ( NP ( CD 1978 ) ) ( SBAR ( WHADVP-2 ( WRB when ) ) ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBD added ) ( NP ( NP ( DT the ) ( NNP Deloitte ) ( NN name ) ) ( PP ( IN of ) ( NP ( PRP$ its ) ( JJ British ) ( NN affiliate ) ) ) ) ) ) ) ) ) ) ) )

In the U.S. Deloitte Haskins & Sells was known as Haskins & Sells until 1978 when it added the Deloitte name of its British affiliate


( S ( NP-SBJ ( NP ( NNP John ) ( NNP C. ) ( NNP Burton ) ) ( NP ( NP ( DT an ) ( NN accounting ) ( NN professor ) ) ( PP-LOC ( IN at ) ( NP ( NP ( NP ( NNP Columbia ) ( NNP University ) ( POS 's ) ) ( NNP Graduate ) ( NNP School ) ) ( PP ( IN of ) ( NP ( NNP Business ) ) ) ) ) ) ) ( VP ( VBD said ) ( S ( NP-SBJ ( EX there ) ) ( VP ( VBZ 's ) ( NP-PRD ( NP ( DT a ) ( NN lot ) ) ( PP ( IN of ) ( NP ( NN emotion ) ) ) ( VP ( VBN involved ) ( PP-CLR ( IN in ) ( NP ( NP ( DT the ) ( NN name ) ) ( PP ( IN of ) ( NP ( NP ( DT an ) ( NN accounting ) ( NN firm ) ) ( PP ( PP ( IN with ) ( NP ( DT a ) ( JJ long ) ( NN history ) ) ) ( CC and ) ( PP ( IN with ) ( NP ( NP ( NNS roots ) ) ( PP-LOC ( IN in ) ( NP ( NP ( NNP England ) ) ( SBAR ( WHADVP-1 ( WRB where ) ) ( S ( NP-SBJ ( NN accounting ) ) ( VP ( VBZ predates ) ( NP ( DT the ) ( NNP U.S. ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

John C. Burton an accounting professor at Columbia University 's Graduate School of Business said there 's a lot of emotion involved in the name of an accounting firm with a long history and with roots in England where accounting predates the U.S.


( SINV ( S-TPC-3 ( SBAR-ADV ( IN Although ) ( S ( NP-SBJ-1 ( NNS accountants ) ) ( VP ( VBP are ) ( RB n't ) ( VP ( VBN noted ) ( PP-CLR ( IN as ) ( S-NOM ( VP ( VBG being ) ( ADJP-PRD ( RB deeply ) ( JJ emotional ) ) ) ) ) ) ) ) ) ( NP-SBJ ( PRP they ) ) ( ADVP ( RB really ) ) ( VP ( VBP hold ) ( NP ( NP ( PRP it ) ) ( NP ( DT all ) ) ) ( PRT ( RP in ) ) ) ) ( VP ( VBD said ) ) ( NP-SBJ ( NP ( NNP Mr. ) ( NNP Burton ) ) ( NP ( NP ( JJ former ) ( JJ chief ) ( NN accountant ) ) ( PP ( IN of ) ( NP ( DT the ) ( NNP Securities ) ( CC and ) ( NNP Exchange ) ( NNP Commission ) ) ) ) ) )

Although accountants are n't noted as being deeply emotional they really hold it all in said Mr. Burton former chief accountant of the Securities and Exchange Commission


( S ( NP-SBJ ( NP ( NNP J. ) ( NNP Michael ) ( NNP Cook ) ) ( NP ( NP ( NN chairman ) ) ( PP ( IN of ) ( NP ( NNP Deloitte ) ( NNP Haskins ) ( CC & ) ( NNP Sells ) ( NNP International ) ) ) ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP he ) ) ( VP ( VBZ believes ) ( S ( NP-SBJ ( NP ( DT the ) ( JJ legal ) ( NN action ) ) ( PP ( IN by ) ( NP ( DT the ) ( JJ British ) ( NN firm ) ) ) ) ( VP ( TO to ) ( VP ( VB be ) ( PP-PRD ( IN without ) ( NP ( NN merit ) ) ) ) ) ) ) ) ) ) )

J. Michael Cook chairman of Deloitte Haskins & Sells International said he believes the legal action by the British firm to be without merit


( S ( NP-SBJ ( NNP Mr. ) ( NNP Cook ) ) ( VP ( VBD said ) ( SBAR ( IN that ) ( S ( NP-TMP ( JJ last ) ( NNP June ) ) ( NP-SBJ ( NP ( DT the ) ( JJ international ) ( JJ executive ) ( NNS committes ) ) ( PP ( IN of ) ( NP ( NNP Deloitte ) ( CC and ) ( NNP Touche ) ) ) ) ( VP ( VBD agreed ) ( PP-CLR ( TO to ) ( NP ( DT a ) ( JJ world-wide ) ( NN merger ) ) ) ) ) ) ) )

Mr. Cook said that last June the international executive committes of Deloitte and Touche agreed to a world-wide merger


( S ( S-TPC-1 ( NP-SBJ ( DT The ) ( NN merger ) ) ( VP ( VBZ is ) ( VP ( VBG proceeding ) ( PP-MNR ( VBG according ) ( PP ( TO to ) ( NP ( NN plan ) ) ) ) ( PP ( IN except ) ( PP ( IN as ) ( PP ( TO to ) ( NP ( NP ( DT the ) ( NN withdrawal ) ) ( PP ( IN of ) ( NP ( DT the ) ( NNP Deloitte ) ( NNP U.K. ) ( NN firm ) ) ) ) ) ) ) ) ) ) ( NP-SBJ ( PRP he ) ) ( VP ( VBD said ) ) )

The merger is proceeding according to plan except as to the withdrawal of the Deloitte U.K. firm he said


( S ( NP-SBJ ( NP ( NNS Partners ) ) ( PP-LOC ( IN at ) ( NP ( JJ other ) ( NN accounting ) ( NNS firms ) ) ) ) ( VP ( VBP say ) ( SBAR ( IN that ) ( S ( NP-SBJ-1 ( NP ( DT the ) ( NNP Deloitte ) ( NN firm ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NNP U.K. ) ) ) ) ( VP ( VBZ is ) ( VP ( VBG filing ) ( NP ( DT the ) ( NN suit ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB get ) ( PRT ( RP even ) ) ( PP-CLR ( IN with ) ( NP-2 ( DT the ) ( VBN merged ) ( NNP Deloitte-Touche ) ( NN firm ) ) ) ( PP-CLR ( IN for ) ( S-NOM ( VP ( VBG keeping ) ( NP ( JJ major ) ( NN auditing ) ( NN work ) ) ( PP-LOC-CLR ( IN in ) ( NP ( NNP England ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Partners at other accounting firms say that the Deloitte firm in the U.K. is filing the suit to get even with the merged Deloitte-Touche firm for keeping major auditing work in England


( S ( NP-SBJ-2 ( NP ( NNP General ) ( NNP Motors ) ( NNP Corp. ) ) ( NP ( DT a ) ( NNP Deloitte ) ( NN audit ) ( NN client ) ) ) ( PP ( IN for ) ( NP ( NN example ) ) ) ( VP ( VBZ has ) ( VP ( VBN agreed ) ( S ( VP ( TO to ) ( VP ( VB keep ) ( NP ( PRP$ its ) ( NX ( NX ( JJ annual ) ( ADJP ( QP ( CD 18 ) ( CD million ) ) ) ( JJ world-wide ) ( NN audit ) ) ( CC and ) ( NX ( VBN associated ) ( NN tax ) ( NN work ) ) ) ) ( PP-CLR ( IN with ) ( NP ( NP ( DT the ) ( VBN merged ) ( NNP Deloitte-Touche ) ( NN firm ) ) ( SBAR ( S ( VP ( TO to ) ( VP ( VB be ) ( VP ( VBN known ) ( PP-CLR ( IN as ) ( NP ( NNP Deloitte ) ( CC & ) ( NNP Touche ) ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NNP U.S. ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

General Motors Corp. a Deloitte audit client for example has agreed to keep its annual 18 million world-wide audit and associated tax work with the merged Deloitte-Touche firm to be known as Deloitte & Touche in the U.S.


( S ( PP-LOC ( IN In ) ( NP ( NNP England ) ) ) ( NP-SBJ ( DT this ) ) ( VP ( MD would ) ( VP ( VB mean ) ( SBAR ( IN that ) ( S ( NP-SBJ ( DT the ) ( JJ British ) ( NNP Deloitte ) ) ( VP ( MD would ) ( VP ( VB lose ) ( NP ( NP ( NN revenue ) ) ( PP ( IN for ) ( NP ( NP ( PRP$ its ) ( NN audit ) ) ( PP ( IN of ) ( NP ( NP ( NNP GM ) ( POS 's ) ) ( NNP Vauxhill ) ( NN unit ) ) ) ) ) ) ) ) ) ) ) ) )

In England this would mean that the British Deloitte would lose revenue for its audit of GM 's Vauxhill unit


( S ( NP-SBJ ( NP ( DT The ) ( NN defection ) ) ( PP ( IN of ) ( NP ( NP ( NP ( NNP Deloitte ) ( POS 's ) ) ( NNS affiliates ) ) ( PP-LOC ( IN in ) ( NP ( NP ( NNP Britain ) ) ( CC and ) ( NP ( DT the ) ( NNP Netherlands ) ) ) ) ) ) ( PP ( TO to ) ( NP ( NNP Coopers ) ( CC & ) ( NNP Lybrand ) ) ) ) ( VP ( MD will ) ( VP ( VB make ) ( S ( NP-SBJ-1 ( NNP Coopers ) ) ( NP-PRD ( NP ( CD one ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( JJS biggest ) ( NN accounting ) ( NNS firms ) ) ( PP-LOC ( IN in ) ( NP ( NNP Europe ) ) ) ) ) ) ( S-ADV ( VP ( VBG rivaling ) ( NP ( NNP KPMG ) ( NNP Peat ) ( NNP Marwick ) ) ( ADVP-LOC ( RB there ) ) ) ) ) ) ) )

The defection of Deloitte 's affiliates in Britain and the Netherlands to Coopers & Lybrand will make Coopers one of the biggest accounting firms in Europe rivaling KPMG Peat Marwick there


( S ( SBAR-ADV ( IN Although ) ( S ( NP-SBJ-1 ( NNP Coopers ) ) ( VP ( VBZ has ) ( RB n't ) ( VP ( VBN been ) ( VP ( VBN courted ) ( PP ( IN by ) ( NP-LGS ( JJ other ) ( JJ major ) ( NN accounting ) ( NNS firms ) ) ) ( PP-CLR ( IN for ) ( NP ( DT a ) ( NN merger ) ) ) ) ) ) ) ) ( NP-SBJ ( PRP it ) ) ( VP ( VBZ is ) ( VP ( VBG benefiting ) ( ADVP-MNR ( RB greatly ) ) ( PP-CLR ( IN from ) ( NP ( NP ( NN fallout ) ) ( PP ( IN from ) ( NP ( DT the ) ( NNP Deloitte-Touche ) ( NN merger ) ) ) ) ) ) ) )

Although Coopers has n't been courted by other major accounting firms for a merger it is benefiting greatly from fallout from the Deloitte-Touche merger


( S ( PP-LOC ( IN In ) ( NP ( NNP New ) ( NNP York ) ) ) ( S ( NP-SBJ ( NP ( NNP Harris ) ( NNP Amhowitz ) ) ( NP ( NP ( JJ general ) ( NN counsel ) ) ( PP ( IN of ) ( NP ( NNP Coopers ) ) ) ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( NNP Coopers ) ) ( VP ( VBD was ) ( ADJP-PRD ( JJ aware ) ( PP ( IN of ) ( NP ( DT the ) ( NN litigation ) ) ) ) ) ) ) ) ) ( CC but ) ( S ( NP-SBJ ( PRP he ) ) ( VP ( VBD declined ) ( NP ( JJ further ) ( NN comment ) ) ) ) )

In New York Harris Amhowitz general counsel of Coopers said Coopers was aware of the litigation but he declined further comment


( S ( NP-SBJ-1 ( PRP He ) ) ( ADVP ( RB also ) ) ( VP ( VBD declined ) ( S ( VP ( TO to ) ( VP ( VB comment ) ( PP-CLR ( IN on ) ( NP ( NP ( DT the ) ( NN name ) ) ( SBAR ( WHNP-2 ( IN that ) ) ( S ( NP-SBJ ( NNP Coopers ) ) ( VP ( MD would ) ( VP ( VB use ) ( PP-LOC ( IN in ) ( NP ( NNP England ) ) ) ( SBAR-ADV ( IN if ) ( S ( NP-SBJ ( NNP Deloitte ) ( NNP UK ) ) ( VP ( VBD won ) ( NP ( NP ( PRP$ its ) ( NN litigation ) ) ( SBAR ( S ( VP ( TO to ) ( VP ( VB keep ) ( NP ( PRP$ its ) ( NN name ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

He also declined to comment on the name that Coopers would use in England if Deloitte UK won its litigation to keep its name


( S ( NP-SBJ ( NNP Coopers ) ) ( VP ( VBZ uses ) ( NP ( DT the ) ( NNP Coopers ) ( CC & ) ( NNP Lybrand ) ( NN name ) ) ( ADVP-LOC ( JJ world-wide ) ) ) )

Coopers uses the Coopers & Lybrand name world-wide


( S ( NP-SBJ-2 ( DT The ) ( JJ following ) ) ( VP ( VBD were ) ( PP-LOC-PRD ( IN among ) ( NP ( NP ( NP ( NN yesterday ) ( POS 's ) ) ( NNS offerings ) ( CC and ) ( NNS pricings ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( UCP ( NNP U.S. ) ( CC and ) ( NNP non-U.S. ) ) ( NN capital ) ( NNS markets ) ) ) ) ) ( PP ( IN with ) ( NP ( NP ( NNS terms ) ) ( CC and ) ( NP ( NN syndicate ) ( NN manager ) ) ) ) ( SBAR-ADV ( IN as ) ( S ( VP ( VBN compiled ) ( PP ( IN by ) ( NP-LGS ( NNP Dow ) ( NNP Jones ) ( NNP Capital ) ( NNP Markets ) ( NNP Report ) ) ) ) ) ) ) )

The following were among yesterday 's offerings and pricings in the U.S. and non-U.S. capital markets with terms and syndicate manager as compiled by Dow Jones Capital Markets Report


( NP ( NP ( NNP Sequa ) ( NNP Corp. ) ) ( NP ( NP ( QP ( CD 150 ) ( CD million ) ) ) ( PP ( IN of ) ( NP ( NP ( ADJP ( QP ( CD 9 ) ( CD 5\/8 ) ) ( NN % ) ) ( VBZ notes ) ) ( ADJP ( NNS due ) ( NP-TMP ( NNP Oct. ) ( CD 15 ) ( CD 1999 ) ) ) ( VP ( VBN priced ) ( PP-CLR ( IN at ) ( NP ( CD 99.75 ) ) ) ( S-CLR ( VP ( TO to ) ( VP ( VB yield ) ( NP ( CD 9.664 ) ( NN % ) ) ) ) ) ) ) ) ) )

Sequa Corp. 150 million of 9 5\/8 % notes due Oct. 15 1999 priced at 99.75 to yield 9.664 %


( S ( NP-SBJ-1 ( DT The ) ( JJ noncallable ) ( NN issue ) ) ( VP ( VBD was ) ( VP ( VBN priced ) ( PP-CLR ( IN at ) ( PP ( NP ( NP ( DT a ) ( NN spread ) ) ( PP ( IN of ) ( NP ( CD 170 ) ( NN basis ) ( NNS points ) ) ) ) ( IN above ) ( NP ( NP ( DT the ) ( NNP Treasury ) ( POS 's ) ) ( JJ 10-year ) ( NN note ) ) ) ) ) ) )

The noncallable issue was priced at a spread of 170 basis points above the Treasury 's 10-year note


( S ( S-ADV ( VP ( VP ( NNP Rated ) ( S ( ADJP-PRD-1 ( NNP Baa-2 ) ) ) ( PP-2 ( IN by ) ( NP-LGS ( NP ( NNP Moody ) ( POS 's ) ) ( NNP Investors ) ( NNP Service ) ( NNP Inc. ) ) ) ) ( CC and ) ( VP ( ADJP-PRD=1 ( NNP triple-B-minus ) ) ( PP=2 ( IN by ) ( NP-LGS ( NP ( NNP Standard ) ( CC & ) ( NNP Poor ) ( POS 's ) ) ( NNP Corp. ) ) ) ) ) ) ( NP-SBJ-3 ( DT the ) ( NN issue ) ) ( VP ( MD will ) ( VP ( VB be ) ( VP ( VBN sold ) ( PP-MNR ( IN through ) ( NP ( NP ( NNS underwriters ) ) ( VP ( VBN led ) ( PP ( IN by ) ( NP-LGS ( NNP Merrill ) ( NNP Lynch ) ( NNP Capital ) ( NNP Markets ) ) ) ) ) ) ) ) ) )

Rated Baa-2 by Moody 's Investors Service Inc. and triple-B-minus by Standard & Poor 's Corp. the issue will be sold through underwriters led by Merrill Lynch Capital Markets


( NP ( NP ( NNP Virginia ) ( NNP Public ) ( NNP School ) ( NNP Authority ) ) ( NP ( NP ( QP ( CD 55.7 ) ( CD million ) ) ) ( PP ( IN of ) ( NP ( NP ( NN school ) ( NN financing ) ( NNS bonds ) ) ( NP ( CD 1989 ) ( NNP Series ) ( NNP B ) ) ( PRN ( NP ( CD 1987 ) ( NN resolution ) ) ) ( ADJP ( RB due ) ( NP-TMP ( CD 19912000 ) ( CD 2005 ) ( CC and ) ( CD 2010 ) ) ) ( PP-MNR ( IN through ) ( NP ( DT a ) ( NNP BT ) ( NNP Securities ) ( NNP Corp. ) ( NN group ) ) ) ) ) ) )

Virginia Public School Authority 55.7 million of school financing bonds 1989 Series B 1987 resolution due 19912000 2005 and 2010 through a BT Securities Corp. group


( S ( NP-SBJ-1 ( NP ( DT The ) ( NNS bonds ) ) ( VP ( VBN rated ) ( S ( ADJP-PRD ( NNP double-A ) ) ) ( PP ( IN by ) ( NP-LGS ( NP ( NNP Moody ) ( POS 's ) ) ( CC and ) ( NP ( NNP S&P ) ) ) ) ) ) ( VP ( VBD were ) ( VP ( VBN priced ) ( S-CLR ( VP ( TO to ) ( VP ( VB yield ) ( PP-CLR ( PP ( IN from ) ( NP ( NP ( CD 6 ) ( NN % ) ) ( PP-TMP ( IN in ) ( NP ( CD 1991 ) ) ) ) ) ( PP ( TO to ) ( NP ( NP ( CD 7.10 ) ( NN % ) ) ( PP-TMP ( IN in ) ( NP ( CD 2010 ) ) ) ) ) ) ) ) ) ) ) )

The bonds rated double-A by Moody 's and S&P were priced to yield from 6 % in 1991 to 7.10 % in 2010


( S ( NP-SBJ-1 ( JJ Serial ) ( NNS bonds ) ) ( VP ( VBD were ) ( VP ( VBN priced ) ( S-CLR ( VP ( TO to ) ( VP ( VB yield ) ( PP-CLR ( TO to ) ( NP ( CD 6.75 ) ( NN % ) ) ) ( PP-TMP ( IN in ) ( NP ( CD 2000 ) ) ) ) ) ) ) ) )

Serial bonds were priced to yield to 6.75 % in 2000


( S ( S ( NP-SBJ ( NP ( NNS Bonds ) ) ( ADJP ( JJ due ) ( NP-TMP ( CD 1991-1996 ) ) ) ) ( VP ( VBP carry ) ( NP ( CD 6.70 ) ( NN % ) ( NNS coupons ) ) ) ) ( CC and ) ( S ( NP-SBJ ( NP ( NNS bonds ) ) ( ADJP ( JJ due ) ( NP-TMP ( CD 1997-2000 ) ) ) ) ( VP ( VBP carry ) ( NP ( ADJP ( QP ( CD 6 ) ( CD 3\/4 ) ) ( NN % ) ) ( NNS coupons ) ) ) ) )

Bonds due 1991-1996 carry 6.70 % coupons and bonds due 1997-2000 carry 6 3\/4 % coupons


( S ( NP-SBJ-1 ( NP ( NN Term ) ( NNS bonds ) ) ( ADJP ( JJ due ) ( NP-TMP ( CD 2005 ) ) ) ) ( VP ( VBP are ) ( RB n't ) ( VP ( VBG being ) ( ADVP-MNR ( RB formally ) ) ( VP ( VBN reoffered ) ) ) ) )

Term bonds due 2005 are n't being formally reoffered


( S ( NP-SBJ ( PRP They ) ) ( VP ( VBP carry ) ( NP ( DT a ) ( ADJP ( CD 7 ) ( NN % ) ) ( NN coupon ) ) ) )

They carry a 7 % coupon


( S ( NP-SBJ ( NP ( NN Term ) ( NNS bonds ) ) ( ADJP ( JJ due ) ( NP-TMP ( CD 2010 ) ) ) ) ( VP ( VBP are ) ( NP-PRD ( NP ( ADJP ( CD 7.10 ) ( JJ % ) ) ( NNS securities ) ) ( VP ( VBN priced ) ( PP-CLR ( IN at ) ( NP ( NN par ) ) ) ) ) ) )

Term bonds due 2010 are 7.10 % securities priced at par


( NP ( NP ( NP ( NNP St. ) ( NNP Johns ) ( NNP River ) ( NNP Water ) ( NNP Management ) ( NNP District ) ) ( NP-LOC ( NNP Fla. ) ) ) ( NP ( NP ( CD 50,005,000 ) ) ( PP ( IN of ) ( NP ( NP ( NN land ) ( NN acquisition ) ( NN revenue ) ( NNS bonds ) ) ( NP ( NN Series ) ( CD 1989 ) ) ( ADJP ( RB due ) ( NP-TMP ( CD 1990-2000 ) ( CD 2003 ) ( CD 2006 ) ( CC and ) ( CD 2009 ) ) ) ( VP ( ADVP-MNR ( RB tentatively ) ) ( VBN priced ) ( PP ( IN by ) ( NP-LGS ( DT a ) ( NNP Smith ) ( NNP Barney ) ( NNP Harris ) ( NNP Upham ) ( CC & ) ( NNP Co. ) ( NN group ) ) ) ( S-CLR ( VP ( TO to ) ( VP ( VB yield ) ( PP ( PP ( IN from ) ( NP ( NP ( CD 6 ) ( NN % ) ) ( PP-TMP ( IN in ) ( NP ( CD 1990 ) ) ) ) ) ( PP ( TO to ) ( NP ( NP ( QP ( RB about ) ( CD 7.03 ) ) ( NN % ) ) ( PP-TMP ( IN in ) ( NP ( CD 2003 ) ) ) ) ) ) ) ) ) ) ) ) ) )

St. Johns River Water Management District Fla. 50,005,000 of land acquisition revenue bonds Series 1989 due 1990-2000 2003 2006 and 2009 tentatively priced by a Smith Barney Harris Upham & Co. group to yield from 6 % in 1990 to about 7.03 % in 2003


( S ( NP-SBJ ( EX There ) ) ( VP ( VBP are ) ( NP-PRD ( NP ( QP ( CD 9.76 ) ( CD million ) ) ) ( PP ( IN of ) ( NP ( NP ( ADJP ( CD 7 ) ( NN % ) ) ( NN term ) ( NNS bonds ) ) ( ADJP ( JJ due ) ( NP-TMP ( CD 2003 ) ) ) ( VP ( VBN priced ) ( PP-CLR ( IN at ) ( NP ( QP ( CD 99 ) ( CD 3\/4 ) ) ) ) ( S-CLR ( VP ( TO to ) ( VP ( VB yield ) ( NP ( QP ( RB about ) ( CD 7.03 ) ) ( NN % ) ) ) ) ) ) ) ) ) ) )

There are 9.76 million of 7 % term bonds due 2003 priced at 99 3\/4 to yield about 7.03 %


( S ( NP-SBJ-1 ( NP ( NP ( DT The ) ( CD 11,775,000 ) ) ( PP ( IN of ) ( NP ( NP ( NN term ) ( NNS bonds ) ) ( ADJP ( JJ due ) ( NP-TMP ( CD 2006 ) ) ) ) ) ) ( CC and ) ( NP ( NP ( DT the ) ( CD 13,865,000 ) ) ( PP ( IN of ) ( NP ( NP ( NN term ) ( NNS bonds ) ) ( ADJP ( JJ due ) ( NP-TMP ( CD 2009 ) ) ) ) ) ) ) ( VP ( VBP are ) ( RB n't ) ( VP ( VBG being ) ( ADVP-MNR ( RB formally ) ) ( VP ( VBN reoffered ) ) ) ) )

The 11,775,000 of term bonds due 2006 and the 13,865,000 of term bonds due 2009 are n't being formally reoffered


( S ( NP-SBJ-1 ( JJ Serial ) ( NNS bonds ) ) ( VP ( VBD were ) ( VP ( VBN priced ) ( PP-CLR ( IN at ) ( NP ( NN par ) ) ) ( S-CLR ( VP ( TO to ) ( VP ( NN yield ) ( PP-CLR ( TO to ) ( NP ( CD 6.90 ) ( NN % ) ) ) ( PP-TMP ( IN in ) ( NP ( CD 2000 ) ) ) ) ) ) ) ) )

Serial bonds were priced at par to yield to 6.90 % in 2000


( S ( NP-SBJ-1 ( DT The ) ( NNS bonds ) ) ( VP ( VBP are ) ( VP ( VP ( VBN insured ) ) ( CC and ) ( VP ( VBN rated ) ( S ( ADJP-PRD ( NNP triple-A ) ) ) ( PP ( IN by ) ( NP-LGS ( NP ( NNP Moody ) ( POS 's ) ) ( CC and ) ( NP ( NNP S&P ) ) ) ) ) ) ) )

The bonds are insured and rated triple-A by Moody 's and S&P


( NP ( NP ( NNP Federal ) ( NNP Home ) ( NNP Loan ) ( NNP Mortgage ) ( NNP Corp. ) ) ( NP ( NP ( QP ( CD 500 ) ( CD million ) ) ) ( PP ( IN of ) ( NP ( NP ( NNP Remic ) ( NN mortgage ) ( NNS securities ) ) ( VP ( VBG being ) ( VP ( VBN offered ) ( PP-MNR ( IN in ) ( NP ( CD 12 ) ( NNS classes ) ) ) ( PP ( IN by ) ( NP-LGS ( NNP Salomon ) ( NNP Brothers ) ( NNP Inc ) ) ) ) ) ) ) ) )

Federal Home Loan Mortgage Corp. 500 million of Remic mortgage securities being offered in 12 classes by Salomon Brothers Inc


( S ( NP-SBJ-1 ( NP ( DT The ) ( NN offering ) ) ( NP ( NNP Series ) ( CD 105 ) ) ) ( VP ( VBZ is ) ( VP ( VBN backed ) ( PP ( IN by ) ( NP-LGS ( NNP Freddie ) ( NNP Mac ) ( ADJP ( QP ( CD 9 ) ( CD 1\/2 ) ) ( NN % ) ) ( NNS securities ) ) ) ) ) )

The offering Series 105 is backed by Freddie Mac 9 1\/2 % securities


( S ( ADVP ( RB Separately ) ) ( NP-SBJ-1 ( NP ( QP ( CD 400 ) ( CD million ) ) ) ( PP ( IN of ) ( NP ( NNP Freddie ) ( NNP Mac ) ( NNP Remic ) ( NN mortgage ) ( NNS securities ) ) ) ) ( VP ( VBZ is ) ( VP ( VBG being ) ( VP ( VBN offered ) ( PP-MNR ( IN in ) ( NP ( CD 10 ) ( NNS classes ) ) ) ( PP ( IN by ) ( NP-LGS ( NNP Kidder ) ( NNP Peabody ) ( CC & ) ( NNP Co ) ) ) ) ) ) )

Separately 400 million of Freddie Mac Remic mortgage securities is being offered in 10 classes by Kidder Peabody & Co


( S ( NP-SBJ-1 ( NP ( DT The ) ( NN offering ) ) ( NP ( NNP Series ) ( CD 106 ) ) ) ( VP ( VBZ is ) ( VP ( VBN backed ) ( PP ( IN by ) ( NP-LGS ( NNP Freddie ) ( NNP Mac ) ( ADJP ( QP ( CD 9 ) ( CD 1\/2 ) ) ( NN % ) ) ( NNS securities ) ) ) ) ) )

The offering Series 106 is backed by Freddie Mac 9 1\/2 % securities


( S ( PP ( VBG According ) ( PP ( TO to ) ( NP ( JJ available ) ( NNS details ) ) ) ) ( NP-SBJ ( NNS yields ) ) ( VP ( VBP range ) ( PP-CLR ( PP ( IN from ) ( NP ( NP ( CD 8.70 ) ( NN % ) ) ( NP ( NP ( DT a ) ( NN spread ) ) ( PP ( IN of ) ( NP ( CD 80 ) ( NN basis ) ( NNS points ) ) ) ( PP ( IN over ) ( NP ( JJ three-year ) ( NNP Treasury ) ( NNS securities ) ) ) ) ) ) ( PP ( TO to ) ( NP ( NP ( CD 10.37 ) ( NN % ) ) ( NP ( NP ( DT a ) ( NN spread ) ) ( PP ( IN of ) ( NP ( CD 230 ) ( NN basis ) ( NNS points ) ) ) ( PP ( IN over ) ( NP ( JJ 20-year ) ( NNPS Treasurys ) ) ) ) ) ) ) ) )

According to available details yields range from 8.70 % a spread of 80 basis points over three-year Treasury securities to 10.37 % a spread of 230 basis points over 20-year Treasurys


( S ( NP-SBJ ( DT The ) ( NNS offerings ) ) ( VP ( VP ( VBP bring ) ( NP-1 ( NP ( NNP Freddie ) ( NNP Mac ) ( POS 's ) ) ( CD 1989 ) ( NNP Remic ) ( NN issuance ) ) ( PP-CLR-2 ( TO to ) ( NP ( QP ( CD 32.6 ) ( CD billion ) ) ) ) ) ( CC and ) ( VP ( NP=1 ( PRP$ its ) ( JJ total ) ( NN volume ) ) ( PP-CLR=2 ( TO to ) ( NP ( QP ( CD 46.5 ) ( CD billion ) ) ) ) ) ( SBAR-TMP ( IN since ) ( S ( NP-SBJ ( DT the ) ( NN program ) ) ( VP ( VBD began ) ( PP-TMP ( IN in ) ( NP ( NNP February ) ( CD 1988 ) ) ) ) ) ) ) )

The offerings bring Freddie Mac 's 1989 Remic issuance to 32.6 billion and its total volume to 46.5 billion since the program began in February 1988


( NP ( NP ( NNP European ) ( NNP Investment ) ( NNP Bank ) ) ( PRN ( NP ( NN agency ) ) ) ( NP ( NP ( QP ( CD 200 ) ( CD billion ) ) ( NN lire ) ) ( PP ( IN of ) ( NP ( NP ( ADJP ( CD 12 ) ( NN % ) ) ( NNS bonds ) ) ( ADJP ( JJ due ) ( NP-TMP ( NNP Nov. ) ( CD 16 ) ( CD 1995 ) ) ) ( VP ( VBN priced ) ( PP-CLR ( IN at ) ( NP ( CD 101 ) ( CD 3\/4 ) ) ) ( S-CLR ( VP ( TO to ) ( VP ( VB yield ) ( NP ( NP ( CD 12 ) ( NN % ) ) ( PP ( CC less ) ( NP ( JJ full ) ( NNS fees ) ) ) ) ) ) ) ) ( PP ( IN via ) ( NP ( NN lead ) ( NN manager ) ( NNP Banco ) ( NNP Commercial ) ( NNP Italiana ) ) ) ) ) ) )

European Investment Bank agency 200 billion lire of 12 % bonds due Nov. 16 1995 priced at 101 3\/4 to yield 12 % less full fees via lead manager Banco Commercial Italiana


( NP ( NP ( NNS Fees ) ) ( NP ( QP ( CD 1 ) ( CD 3\/4 ) ) ) )

Fees 1 3\/4


( NP ( NP ( NNP IBM ) ( NNP International ) ( NNP Finance ) ) ( PRN ( NP ( NNP U.S. ) ( NN parent ) ) ) ( NP ( NP ( QP ( CD 125 ) ( CD million ) ) ( JJ European ) ( NN currency ) ( NNS units ) ) ( PP ( IN of ) ( NP ( NP ( ADJP ( QP ( CD 9 ) ( CD 1\/8 ) ) ( NN % ) ) ( NNS bonds ) ) ( ADJP ( JJ due ) ( NP-TMP ( NNP Nov. ) ( CD 10 ) ( CD 1994 ) ) ) ( VP ( VBN priced ) ( PP-CLR ( IN at ) ( NP ( CD 101 ) ( CD 5\/8 ) ) ) ( S-CLR ( VP ( TO to ) ( VP ( VB yield ) ( NP ( CD 9.13 ) ( NN % ) ) ( PP-CLR ( IN at ) ( NP ( NP ( DT the ) ( VBN recommended ) ( VBN reoffered ) ( NN price ) ) ( PP ( IN of ) ( NP ( NN par ) ) ) ) ) ) ) ) ) ( PP ( IN via ) ( NP ( NNP Banque ) ( NNP Paribas ) ( NNP Capital ) ( NNP Markets ) ) ) ) ) ) )

IBM International Finance U.S. parent 125 million European currency units of 9 1\/8 % bonds due Nov. 10 1994 priced at 101 5\/8 to yield 9.13 % at the recommended reoffered price of par via Banque Paribas Capital Markets


( NP ( NP ( NNP Societe ) ( NNP Generale ) ( NNP Australia ) ( NNP Ltd ) ) ( PRN ( NP ( JJ French ) ( NN parent ) ) ) ( NP ( NP ( QP ( CD 50 ) ( CD million ) ) ( JJ Australian ) ( NNS dollars ) ) ( PP ( IN of ) ( NP ( NP ( ADJP ( CD 17 ) ( NN % ) ) ( NNS bonds ) ) ( ADJP ( JJ due ) ( NP-TMP ( NNP Nov. ) ( CD 20 ) ( CD 1991 ) ) ) ( VP ( VBN priced ) ( PP-CLR ( IN at ) ( NP ( CD 101.90 ) ) ) ( S-CLR ( VP ( TO to ) ( VP ( VB yield ) ( NP ( NP ( CD 16.59 ) ) ( PP ( CC less ) ( NP ( NNS fees ) ) ) ) ) ) ) ) ( PP ( IN via ) ( NP ( NNP Westpac ) ( NNP Banking ) ( NNP Corp ) ) ) ) ) ) )

Societe Generale Australia Ltd French parent 50 million Australian dollars of 17 % bonds due Nov. 20 1991 priced at 101.90 to yield 16.59 less fees via Westpac Banking Corp


( VP ( VBN Guaranteed ) ( PP ( IN by ) ( NP-LGS ( NNP Societe ) ( NNP Generale ) ) ) )

Guaranteed by Societe Generale


( NP ( NP ( NNS Fees ) ) ( NP ( QP ( CD 1 ) ( CD 1\/4 ) ) ) )

Fees 1 1\/4


( NP ( NP ( NNP Mitsubishi ) ( NNP Trust ) ( CC & ) ( NNP Banking ) ( NNP Corp ) ) ( PRN ( NP-LOC ( NNP Japan ) ) ) ( NP ( NP ( CD 200 ) ( CD million ) ( JJ Swiss ) ( NNS francs ) ) ( PP ( IN of ) ( NP ( NP ( ADJP ( RB privately ) ( VBN placed ) ) ( JJ convertible ) ( NNS notes ) ) ( ADJP ( JJ due ) ( NP-TMP ( NNP March ) ( CD 31 ) ( CD 1994 ) ) ) ( PP ( IN with ) ( NP ( DT a ) ( VBN fixed ) ( CD 0.75 ) ( NN % ) ( NN coupon ) ) ) ( PP ( IN at ) ( NP ( NN par ) ) ) ( PP ( IN via ) ( NP ( NP ( NNP Union ) ( NNP Bank ) ) ( PP ( IN of ) ( NP ( NNP Switzerland ) ) ) ) ) ) ) ) )

Mitsubishi Trust & Banking Corp Japan 200 million Swiss francs of privately placed convertible notes due March 31 1994 with a fixed 0.75 % coupon at par via Union Bank of Switzerland


( NP ( NP ( VB Put ) ( NN option ) ) ( PP-TMP ( IN on ) ( NP ( NNP March ) ( CD 31 ) ( CD 1992 ) ) ) ( PP ( IN at ) ( NP ( DT a ) ( VBN fixed ) ( QP ( CD 107 ) ( CD 3\/4 ) ) ) ) ( SBAR ( S ( VP ( TO to ) ( VP ( VB yield ) ( NP ( CD 3.5 ) ( NN % ) ) ) ) ) ) )

Put option on March 31 1992 at a fixed 107 3\/4 to yield 3.5 %


( ADJP ( JJ Callable ) ( PP-TMP ( IN from ) ( NP ( NNP March ) ( CD 31 ) ( CD 1992 ) ) ) ( PP ( IN at ) ( NP ( NP ( QP ( CD 107 ) ( CD 3\/4 ) ) ) ( VP ( VBG declining ) ( NP-EXT ( CD two ) ( NNS points ) ) ( ADVP-TMP ( RB semi-annually ) ) ( PP-DIR ( TO to ) ( NP ( NN par ) ) ) ) ) ) )

Callable from March 31 1992 at 107 3\/4 declining two points semi-annually to par


( S ( NP-SBJ ( DT Each ) ( CD 50,000 ) ( JJ Swiss ) ( NN franc ) ( NN note ) ) ( VP ( VBZ is ) ( ADJP-PRD ( JJ convertible ) ) ( PP-TMP ( PP ( IN from ) ( NP ( NNP Nov ) ( CD 27 ) ( CD 1989 ) ) ) ( PP ( TO to ) ( NP ( NNP March ) ( CD 21 ) ( CD 1994 ) ) ) ) ( PP ( IN at ) ( NP ( NP ( DT a ) ( NN premium ) ) ( PP ( IN over ) ( NP ( NP ( DT the ) ( VBG closing ) ( NN share ) ( NN price ) ) ( NP-TMP ( NP ( NNP Oct. ) ( CD 25 ) ) ( SBAR ( WHADVP-2 ( WRB when ) ) ( S ( NP-SBJ-3 ( NNS terms ) ) ( VP ( VBP are ) ( VP ( VBN scheduled ) ( S ( VP ( TO to ) ( VP ( VB be ) ( VP ( VBN fixed ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Each 50,000 Swiss franc note is convertible from Nov 27 1989 to March 21 1994 at a premium over the closing share price Oct. 25 when terms are scheduled to be fixed


( S ( ADVP ( RB Also ) ) ( NP-SBJ ( DT the ) ( NN company ) ) ( VP ( VBN issued ) ( NP ( NP ( QP ( CD 300 ) ( CD million ) ) ( NNS marks ) ) ( PP ( IN of ) ( NP ( NP ( JJ convertible ) ( NNS bonds ) ) ( PP ( IN with ) ( NP ( NP ( DT an ) ( VBN indicated ) ( ADJP ( QP ( CD 2 ) ( CD 3\/4 ) ) ( NN % ) ) ( NN coupon ) ) ) ) ( ADJP ( JJ due ) ( NP-TMP ( NNP March ) ( CD 31 ) ( CD 1995 ) ) ( PP ( IN at ) ( NP ( NN par ) ) ) ) ) ) ) ( PP-MNR ( IN via ) ( NP ( NNP Westdeutsche ) ( NNP Landesbank ) ( NNP Girozentrale ) ( NNP Bank ) ) ) ) )

Also the company issued 300 million marks of convertible bonds with an indicated 2 3\/4 % coupon due March 31 1995 at par via Westdeutsche Landesbank Girozentrale Bank


( NP ( NP ( VBN Put ) ) ( PP-TMP ( RP on ) ( NP ( NNP March ) ( CD 31 ) ( CD 1992 ) ) ) ( PP-LOC ( IN at ) ( NP ( NP ( DT an ) ( VBN indicated ) ( CD 105 ) ) ( SBAR ( S ( VP ( TO to ) ( VP ( VB yield ) ( NP ( CD 4.80 ) ( NN % ) ) ) ) ) ) ) ) )

Put on March 31 1992 at an indicated 105 to yield 4.80 %


( NP ( NP ( NP ( NN Call ) ( NN option ) ) ( VP ( VBG beginning ) ( NP-TMP ( NNP March ) ( CD 31 ) ( CD 1992 ) ) ( SBAR-ADV ( IN if ) ( S ( NP-SBJ ( NP ( DT the ) ( NN price ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN stock ) ) ) ) ( VP ( VBZ rises ) ( NP-EXT ( QP ( RBR more ) ( IN than ) ( CD 50 ) ) ( NN % ) ) ( PP-TMP ( IN within ) ( NP ( CD 30 ) ( NN trading ) ( NNS days ) ) ) ) ) ) ) ) ( CONJP ( RB as ) ( RB well ) ( IN as ) ) ( NP ( NP ( DT a ) ( NN call ) ( NN option ) ) ( PP ( IN for ) ( NP ( NN tax ) ( NNS reasons ) ) ) ) )

Call option beginning March 31 1992 if the price of the stock rises more than 50 % within 30 trading days as well as a call option for tax reasons


( S ( NP-SBJ ( DT Each ) ( ADJP ( ADJP ( CD 1,000 ) ( NN mark ) ) ( CC and ) ( ADJP ( CD 10,000 ) ( NN mark ) ) ) ( NN bond ) ) ( VP ( VBZ is ) ( ADJP-PRD ( JJ convertible ) ( PP-TMP ( PP ( IN from ) ( NP ( NNP Nov. ) ( CD 27 ) ( CD 1989 ) ) ) ( PP ( TO to ) ( NP ( NNP March ) ( CD 21 ) ( CD 1995 ) ) ) ) ( PP ( IN at ) ( NP ( NP ( DT a ) ( NN price ) ) ( SBAR ( S ( VP ( TO to ) ( VP ( VB be ) ( VP ( VBN determined ) ( SBAR-TMP ( WHADVP-4 ( WRB when ) ) ( S ( NP-SBJ-2 ( NNS terms ) ) ( VP ( VBP are ) ( VP ( VBN fixed ) ( NP-TMP ( NNP Oct. ) ( CD 25 ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Each 1,000 mark and 10,000 mark bond is convertible from Nov. 27 1989 to March 21 1995 at a price to be determined when terms are fixed Oct. 25


( NP ( NP ( NNP Scandinavian ) ( NNP Airlines ) ( NNP System ) ) ( PRN ( NP-LOC ( NNP Sweden ) ) ) ( NP ( NP ( QP ( CD 100 ) ( CD million ) ) ( JJ Swiss ) ( NNS francs ) ) ( PP ( IN of ) ( NP ( NP ( ADJP ( QP ( CD 6 ) ( CD 1\/8 ) ) ( NN % ) ) ( NNS bonds ) ) ( ADJP ( JJ due ) ( NP-TMP ( NNP Nov. ) ( CD 24 ) ( CD 1999 ) ) ) ( VP ( VBN priced ) ( PP-CLR ( IN at ) ( NP ( CD 100 ) ( CD 3\/4 ) ) ) ( S-CLR ( VP ( TO to ) ( VP ( VB yield ) ( NP ( CD 6.03 ) ( NN % ) ) ) ) ) ) ( PP ( IN via ) ( NP ( NP ( NNP Union ) ( NNP Bank ) ) ( PP ( IN of ) ( NP ( NNP Switzerland ) ) ) ) ) ) ) ) )

Scandinavian Airlines System Sweden 100 million Swiss francs of 6 1\/8 % bonds due Nov. 24 1999 priced at 100 3\/4 to yield 6.03 % via Union Bank of Switzerland


( NP ( NP ( VB Call ) ) ( PP-TMP ( IN from ) ( NP ( NNP Nov. ) ( CD 24 ) ( CD 1994 ) ) ) ( PP ( IN at ) ( NP ( NP ( QP ( CD 101 ) ( CD 1\/2 ) ) ) ( VP ( VBG declining ) ( NP-EXT ( NP ( CD 1\/4 ) ( NN point ) ) ( NP-ADV ( DT a ) ( NN year ) ) ) ) ) ) )

Call from Nov. 24 1994 at 101 1\/2 declining 1\/4 point a year


( NP ( NP ( NNP Federal ) ( NNP Home ) ( NNP Loan ) ( NNP Mortgage ) ( NNP Corp. ) ) ( NP ( NP ( QP ( CD 400 ) ( CD million ) ) ) ( PP ( IN of ) ( NP ( NP ( JJ 10-year ) ( NNS debentures ) ) ( PP ( IN with ) ( NP ( NP ( DT a ) ( NN coupon ) ( NN rate ) ) ( PP ( IN of ) ( NP ( CD 8.80 ) ( NN % ) ) ) ) ) ( VP ( VBN priced ) ( PP-CLR ( IN at ) ( NP ( NN par ) ) ) ) ) ) ) )

Federal Home Loan Mortgage Corp. 400 million of 10-year debentures with a coupon rate of 8.80 % priced at par


( S ( NP-SBJ-1 ( NP ( DT The ) ( NNS debentures ) ) ( ADJP ( JJ callable ) ( PP ( IN at ) ( NP ( NN par ) ) ) ( PP-TMP ( IN in ) ( NP ( CD five ) ( NNS years ) ) ) ) ) ( VP ( VBD were ) ( VP ( VBN priced ) ( PP-CLR ( IN at ) ( PP ( NP ( NP ( DT a ) ( NN yield ) ( VBD spread ) ) ( PP ( IN of ) ( NP ( QP ( RB about ) ( CD 86 ) ) ( NN basis ) ( NNS points ) ) ) ) ( IN above ) ( NP ( DT the ) ( NNP Treasury ) ( JJ 10-year ) ( NN note ) ) ) ) ) ) )

The debentures callable at par in five years were priced at a yield spread of about 86 basis points above the Treasury 10-year note


( S ( NP-SBJ-1 ( DT The ) ( NN issue ) ) ( VP ( VBZ is ) ( VP ( VBG being ) ( VP ( VBN sold ) ( PP-MNR ( IN through ) ( NP ( NP ( NNP Freddie ) ( NNP Mac ) ( POS 's ) ) ( JJ 17-member ) ( NNS securities ) ( NN selling ) ( NN group ) ) ) ) ) ) )

The issue is being sold through Freddie Mac 's 17-member securities selling group


( S ( NP-SBJ ( DT The ) ( NNS debentures ) ) ( VP ( VBP mature ) ( NP-TMP ( NNP Oct. ) ( CD 27 ) ( CD 1999 ) ) ) )

The debentures mature Oct. 27 1999


( S ( NP-SBJ ( DT The ) ( NNS debentures ) ) ( VP ( MD will ) ( VP ( VB be ) ( ADJP-PRD ( JJ available ) ) ( PP-MNR ( IN in ) ( NP ( JJ book-entry ) ( NN form ) ) ) ( ADVP ( RB only ) ) ( PP-MNR ( IN in ) ( NP ( NP ( NP ( DT a ) ( NN minimum ) ( NN amount ) ) ( PP ( IN of ) ( NP ( CD 5,000 ) ) ) ) ( CC and ) ( NP ( NP ( JJ additional ) ( NNS increments ) ) ( PP ( IN of ) ( NP ( CD 5,000 ) ) ) ) ) ) ) ) )

The debentures will be available in book-entry form only in a minimum amount of 5,000 and additional increments of 5,000


( S ( NP-SBJ-1 ( NN Interest ) ) ( VP ( MD will ) ( VP ( VB be ) ( VP ( VBN paid ) ( ADVP-TMP ( RB semi-annually ) ) ) ) ) )

Interest will be paid semi-annually


( S ( NP-SBJ ( NP ( NNP William ) ( NNP Bennett ) ) ( NP ( DT the ) ( NNP White ) ( NNP House ) ( NN drug-policy ) ( NN director ) ) ) ( VP ( VBD accused ) ( NP-1 ( NP ( JJ local ) ( NNS officials ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NNP Washington ) ( NN area ) ) ) ) ( PP-CLR ( IN of ) ( S-NOM ( VP ( VBG blocking ) ( NP ( NP ( NN construction ) ) ( PP ( IN of ) ( NP ( NP ( NN prison ) ( NNS facilities ) ) ( SBAR ( S ( VP ( TO to ) ( VP ( VB house ) ( NP ( VBN convicted ) ( NN drug ) ( NNS dealers ) ) ) ) ) ) ) ) ) ) ) ) ) )

William Bennett the White House drug-policy director accused local officials in the Washington area of blocking construction of prison facilities to house convicted drug dealers


( S ( S-TPC-1 ( NP-SBJ ( NNS Politics ) ) ( VP ( VBZ has ) ( ADVP ( RB essentially ) ) ( VP ( VBN put ) ( PRT ( RP up ) ) ( NP ( NP ( DT a ) ( NN roadblock ) ) ( PP ( TO to ) ( S-NOM ( VP ( VBG finding ) ( NP ( NP ( NNS sites ) ) ( PP ( IN for ) ( NP ( JJ new ) ( JJ federal ) ( NNS prisons ) ) ) ) ) ) ) ) ) ) ) ( NP-SBJ ( NNP Mr. ) ( NNP Bennett ) ) ( VP ( VBD said ) ( PP-LOC ( IN at ) ( NP ( NP ( DT a ) ( NN news ) ( NN conference ) ) ( VP ( VBN called ) ( S-PRP ( VP ( TO to ) ( VP ( VB report ) ( PP-CLR ( IN on ) ( NP ( NP ( PRP$ his ) ( NN emergency ) ( NN assistance ) ( NN program ) ) ( PP ( IN for ) ( NP ( DT the ) ( NN capital ) ) ) ) ) ) ) ) ) ) ) ) )

Politics has essentially put up a roadblock to finding sites for new federal prisons Mr. Bennett said at a news conference called to report on his emergency assistance program for the capital


( S-2 ( PP ( IN Without ) ( NP ( NP ( JJR more ) ( NN space ) ) ( SBAR ( S ( VP ( TO to ) ( VP ( VB incarcerate ) ( NP ( VBN convicted ) ( NNS criminals ) ) ) ) ) ) ) ) ( PRN ( S ( NP-SBJ ( PRP he ) ) ( VP ( VBD added ) ) ) ) ( NP-SBJ ( PRP we ) ) ( VP ( MD will ) ( RB not ) ( VP ( VB win ) ( NP ( NP ( DT the ) ( NN war ) ) ( PP ( IN on ) ( NP ( NNS drugs ) ) ) ) ) ) )

Without more space to incarcerate convicted criminals he added we will not win the war on drugs


( S ( NP-SBJ ( NNP Mr. ) ( NNP Bennett ) ) ( VP ( VBD declared ) ( PP-TMP ( IN in ) ( NP ( NNP April ) ) ) ( SBAR ( IN that ) ( S ( NP-SBJ ( PRP he ) ) ( VP ( MD would ) ( VP ( VB make ) ( S ( NP-SBJ ( NNP Washington ) ) ( NP-PRD ( NP ( DT a ) ( NN test ) ( NN case ) ) ( PP ( IN for ) ( SBAR ( WHADVP-1 ( WRB how ) ) ( S ( NP-SBJ ( DT the ) ( NNP Bush ) ( NN administration ) ) ( VP ( MD would ) ( VP ( VB aid ) ( NP ( NP ( NNS cities ) ) ( VP ( VBN afflicted ) ( PP ( IN by ) ( NP-LGS ( NP ( JJ heavy ) ( NN drug ) ( NN trafficking ) ) ( CC and ) ( NP ( NN violence ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Mr. Bennett declared in April that he would make Washington a test case for how the Bush administration would aid cities afflicted by heavy drug trafficking and violence


( S ( NP-SBJ ( DT The ) ( NN drug ) ( NN czar ) ) ( VP ( VBD claimed ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NN enforcement ) ( NNS efforts ) ) ( VP ( VBP are ) ( VP ( VBG working ) ( ADVP-LOC ( RB here ) ) ( ADVP ( IN albeit ) ) ( PP-MNR ( IN at ) ( NP ( NP ( DT a ) ( ADJP ( ADJP ( JJR slower ) ) ( CC and ) ( ADJP ( RBR more ) ( JJ halting ) ) ) ( NN pace ) ) ( SBAR ( IN than ) ( S ( NP-SBJ ( PRP we ) ) ( VP ( MD would ) ( VP ( VB like ) ) ) ) ) ) ) ) ) ) ) ) )

The drug czar claimed that enforcement efforts are working here albeit at a slower and more halting pace than we would like


( S ( NP-SBJ ( PRP He ) ) ( VP ( VBD acknowledged ) ( ADVP ( RB however ) ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NP ( NNP Washington ) ( POS 's ) ) ( JJ drug-related ) ( NN murder ) ( NN rate ) ) ( VBZ is ) ( ADJP-PRD ( RB intolerably ) ( JJ high ) ) ) ) ) )

He acknowledged however that Washington 's drug-related murder rate is intolerably high


( S ( NP-SBJ ( DT The ) ( NNS prisons ) ) ( VP ( VBP are ) ( ADJP-PRD ( RB too ) ( JJ crowded ) ) ) )

The prisons are too crowded


( S ( NP-SBJ-2 ( NNS Drugs ) ) ( VP ( VBP continue ) ( S ( VP ( TO to ) ( VP ( VB be ) ( VP ( VBN sold ) ( ADVP-MNR ( RB openly ) ) ( PP-LOC ( IN around ) ( NP ( NNS schools ) ( NNS parks ) ( CC and ) ( NN housing ) ( NNS projects ) ) ) ) ) ) ) ) )

Drugs continue to be sold openly around schools parks and housing projects


( S ( NP-SBJ-1 ( NNP Mr. ) ( NNP Bennett ) ) ( VP ( VBD declined ) ( S ( VP ( TO to ) ( VP ( VB name ) ( NP ( NP ( DT the ) ( NN area ) ( NNS officials ) ) ( SBAR ( WHNP-2 ( WP who ) ) ( S ( NP-SBJ ( PRP he ) ) ( VP ( VBZ believes ) ( SBAR ( S ( VP ( VBP have ) ( VP ( VBN impeded ) ( NP ( NP ( NNS plans ) ) ( PP ( IN for ) ( S-NOM ( VP ( VBG building ) ( NP ( JJR more ) ( JJ federal ) ( NNS prisons ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB ease ) ( NP ( NP ( NNP Washington ) ( POS 's ) ) ( NN problem ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Mr. Bennett declined to name the area officials who he believes have impeded plans for building more federal prisons to ease Washington 's problem


( S ( CC But ) ( NP-SBJ ( JJ other ) ( NNP Bush ) ( NN administration ) ( NNS officials ) ) ( VP ( VBP have ) ( VP ( VBN criticized ) ( NP-1 ( NNP Maryland ) ( NNP Gov. ) ( NNP William ) ( NNP Schaefer ) ) ( PP-CLR ( IN for ) ( S-NOM ( VP ( VBG blocking ) ( NP ( NP ( DT the ) ( NN use ) ) ( PP ( IN of ) ( NP ( NP ( JJ possible ) ( NNS sites ) ) ( PP-LOC ( IN in ) ( NP ( DT that ) ( NN state ) ) ) ) ) ) ) ) ) ) ) )

But other Bush administration officials have criticized Maryland Gov. William Schaefer for blocking the use of possible sites in that state


( S ( NP-SBJ ( NN Administration ) ( NNS officials ) ) ( ADVP ( RB also ) ) ( VP ( VBP have ) ( VP ( VBD said ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NNP Washington ) ( NNP Mayor ) ( NNP Marion ) ( NNP Barry ) ) ( VP ( VBZ has ) ( VP ( VBN delayed ) ( NP ( NP ( NN consideration ) ) ( PP ( IN of ) ( NP ( NP ( NNS sites ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NN city ) ) ) ) ) ) ) ) ) ) ) ) )

Administration officials also have said that Washington Mayor Marion Barry has delayed consideration of sites in the city


( S ( PP-LOC ( IN In ) ( NP ( NP ( DT a ) ( NN letter ) ) ( PP ( TO to ) ( NP ( NP ( NNP Mr. ) ( NNP Bennett ) ( POS 's ) ) ( NN office ) ) ) ( VP ( VBN released ) ( NP-TMP ( NN yesterday ) ) ) ) ) ( NP-SBJ ( NP ( NP ( NNP Washington ) ( POS 's ) ) ( NN city ) ( NN administrator ) ) ( NP ( NNP Carol ) ( NNP Thompson ) ) ) ( VP ( VBD complained ) ( SBAR ( IN that ) ( S ( NP-SBJ ( DT the ) ( NN drug ) ( NN czar ) ) ( VP ( VBD had ) ( VP ( VBN exaggerated ) ( NP ( NP ( DT the ) ( NN amount ) ) ( PP ( IN of ) ( NP ( NP ( JJ federal ) ( JJ drug-related ) ( NN assistance ) ) ( VP ( VBN provided ) ( PP-DTV ( TO to ) ( NP ( DT the ) ( NN capital ) ) ) ) ) ) ) ) ) ) ) ) )

In a letter to Mr. Bennett 's office released yesterday Washington 's city administrator Carol Thompson complained that the drug czar had exaggerated the amount of federal drug-related assistance provided to the capital


( S ( S-ADV ( VP ( VBG Referring ) ( PP-CLR ( TO to ) ( NP ( NP ( NNP Mr. ) ( NNP Bennett ) ( POS 's ) ) ( NN claim ) ( SBAR ( IN that ) ( S ( NP-SBJ ( DT the ) ( JJ federal ) ( NN government ) ) ( VP ( MD would ) ( VP ( VB provide ) ( NP ( NP ( QP ( CD 97 ) ( CD million ) ) ) ( PP ( IN in ) ( NP ( NN emergency ) ( JJ federal ) ( NN support ) ) ) ) ) ) ) ) ) ) ) ) ( NP-SBJ-1 ( NNP Ms. ) ( NNP Thompson ) ) ( VP ( VBD wrote ) ( S ( NP-SBJ-2 ( PRP$ Our ) ( NN analysis ) ) ( VP ( VBD was ) ( ADJP-PRD ( JJ unable ) ( S ( VP ( TO to ) ( ADVP ( RB even ) ) ( VP ( VB come ) ( ADVP-CLR ( JJ close ) ( PP ( TO to ) ( S-NOM ( VP ( VBG documenting ) ( NP ( DT that ) ( NN figure ) ) ) ) ) ) ) ) ) ) ) ) ) )

Referring to Mr. Bennett 's claim that the federal government would provide 97 million in emergency federal support Ms. Thompson wrote Our analysis was unable to even come close to documenting that figure


( S ( PP ( IN Of ) ( NP ( NP ( PRP$ his ) ( NNS successes ) ) ( PP-LOC ( IN in ) ( NP ( NNP Washington ) ) ) ) ) ( NP-SBJ ( NNP Mr. ) ( NNP Bennett ) ) ( VP ( VBD stressed ) ( SBAR ( IN that ) ( S ( NP-SBJ ( VBG existing ) ( JJ federal ) ( NNS prisons ) ) ( VP ( VBP have ) ( VP ( VBN taken ) ( NP ( NP ( NN custody ) ) ( PP ( IN of ) ( NP ( CD 375 ) ( JJ local ) ( NNS inmates ) ) ) ) ) ) ) ) ) )

Of his successes in Washington Mr. Bennett stressed that existing federal prisons have taken custody of 375 local inmates


( S ( NP-SBJ ( PRP He ) ) ( ADVP ( RB also ) ) ( VP ( VBD noted ) ( SBAR ( IN that ) ( S ( NP-SBJ ( DT the ) ( JJ federal ) ( NNP Drug ) ( NNP Enforcement ) ( NNP Administration ) ) ( VP ( VBZ has ) ( VP ( VBN established ) ( NP ( NP ( DT a ) ( JJ federal-local ) ( NN task ) ( NN force ) ) ( ADJP ( JJ responsible ) ( PP-TMP ( IN since ) ( NP ( NNP April ) ) ) ( PP ( IN for ) ( NP ( NP ( CD 106 ) ( NNS arrests ) ) ( CC and ) ( NP ( NP ( QP ( JJR more ) ( IN than ) ( CD 2 ) ( CD million ) ) ) ( PP ( IN in ) ( NP ( NP ( NNS seizures ) ) ( PP ( IN of ) ( NP ( NP ( NN drug ) ( NNS dealers ) ( POS ' ) ) ( NNS assets ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

He also noted that the federal Drug Enforcement Administration has established a federal-local task force responsible since April for 106 arrests and more than 2 million in seizures of drug dealers ' assets


( S ( S-TPC-1 ( S ( NP-SBJ ( DT The ) ( NNP Defense ) ( NNP Department ) ) ( VP ( VBZ has ) ( VP ( VBN lent ) ( NP ( DT the ) ( NNP Washington ) ( NNP U.S. ) ( NN attorney ) ) ( NP ( CD 10 ) ( NNS prosecutors ) ) ) ) ) ( CC and ) ( S ( NP-SBJ ( NP ( DT the ) ( NNP Federal ) ( NNP Bureau ) ) ( PP ( IN of ) ( NP ( NNP Investigation ) ) ) ) ( VP ( VBZ has ) ( VP ( VBN provided ) ( NP ( NN crime ) ( NN laboratory ) ( NNS facilities ) ( CC and ) ( NN training ) ) ) ) ) ) ( NP-SBJ ( PRP he ) ) ( VP ( VBD added ) ) )

The Defense Department has lent the Washington U.S. attorney 10 prosecutors and the Federal Bureau of Investigation has provided crime laboratory facilities and training he added


( S-HLN ( NP-SBJ ( NNP WASHINGTON ) ) ( VP ( VBZ LIES ) ( ADVP-LOC-CLR ( RB LOW ) ) ( PP-TMP ( IN after ) ( NP ( NP ( DT the ) ( NN stock ) ( NN market ) ( POS 's ) ) ( NN roller-coaster ) ( NN ride ) ) ) ) )

WASHINGTON LIES LOW after the stock market 's roller-coaster ride


( S ( NP-SBJ-1 ( NNS Lawmakers ) ) ( S-ADV ( VP ( VBN haunted ) ( PP ( IN by ) ( NP-LGS ( NNS charges ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NP ( DT some ) ) ( PP ( IN of ) ( NP ( PRP$ their ) ( NNS comments ) ) ) ) ( VP ( VBD contributed ) ( PP-CLR ( TO to ) ( NP ( DT the ) ( CD 1987 ) ( NN crash ) ) ) ) ) ) ) ) ) ) ( ADVP ( RB generally ) ) ( VP ( VBP shy ) ( ADVP-DIR ( RB away ) ( PP ( IN from ) ( NP ( NP ( NNS calls ) ) ( PP ( IN for ) ( NP ( JJ sweeping ) ( JJ new ) ( NN legislation ) ) ) ) ) ) ) )

Lawmakers haunted by charges that some of their comments contributed to the 1987 crash generally shy away from calls for sweeping new legislation


( S ( CC But ) ( S ( NP-SBJ ( DT a ) ( NNP House ) ( NNP Energy ) ( CC and ) ( NNP Commerce ) ( NN subcommittee ) ) ( VP ( MD will ) ( VP ( VB quiz ) ( NP ( NNP SEC ) ( NNP Chairman ) ( NNP Breeden ) ( NNP Wednesday ) ) ) ) ) ( CC and ) ( S ( NP-SBJ ( NNP Treasury ) ( NNP Secretary ) ( NNP Brady ) ) ( VP ( MD will ) ( VP ( VB go ) ( PP-LOC-CLR ( IN before ) ( NP ( DT the ) ( NNP Senate ) ( NNP Banking ) ( NN panel ) ) ) ( NP-TMP ( NNP Thursday ) ) ) ) ) )

But a House Energy and Commerce subcommittee will quiz SEC Chairman Breeden Wednesday and Treasury Secretary Brady will go before the Senate Banking panel Thursday


( S ( NP-SBJ ( NP ( DT The ) ( NN market ) ( POS 's ) ) ( JJ wild ) ( NN week ) ) ( VP ( MD may ) ( VP ( VB speed ) ( PRT ( RP along ) ) ( NP ( NP ( DT the ) ( JJ market-reform ) ( NN legislation ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( VBZ has ) ( VP ( VBN been ) ( ADJP-PRD ( VBG pending ) ) ( PP-TMP ( IN for ) ( NP ( NNS months ) ) ) ( PP-LOC ( IN in ) ( NP ( NP ( DT the ) ( NN aftermath ) ) ( PP ( IN of ) ( NP ( DT the ) ( CD 1987 ) ( NN crash ) ) ) ) ) ) ) ) ) ) ) ) )

The market 's wild week may speed along the market-reform legislation that has been pending for months in the aftermath of the 1987 crash


( S ( NP-SBJ ( PRP It ) ) ( VP ( MD may ) ( ADVP ( RB also ) ) ( VP ( VP ( VB expedite ) ( NP ( NP ( NP ( DT the ) ( NNP SEC ) ( POS 's ) ) ( JJ modest ) ( VBG pending ) ( NNS changes ) ) ( PP-LOC ( IN in ) ( NP ( NN junk-bond ) ( NN disclosure ) ( NNS rules ) ) ) ) ) ( CC and ) ( VP ( VB intensify ) ( NP ( NP ( NP ( DT the ) ( NNP Treasury ) ( POS 's ) ) ( NN look ) ) ( PP ( IN at ) ( NP ( NP ( NNS plans ) ) ( PP ( IN for ) ( S-NOM ( VP ( VP ( VBG giving ) ( NP ( NP ( JJ new ) ( NN tax ) ( NNS breaks ) ) ( PP ( IN on ) ( NP ( NNS dividends ) ) ) ) ) ( CC and ) ( VP ( VBG raising ) ( NP ( NP ( NNS taxes ) ) ( PP ( IN on ) ( NP ( NP ( JJ short-term ) ( NNS trades ) ) ( PP ( IN by ) ( NP ( NN pension ) ( NNS funds ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

It may also expedite the SEC 's modest pending changes in junk-bond disclosure rules and intensify the Treasury 's look at plans for giving new tax breaks on dividends and raising taxes on short-term trades by pension funds


( S ( NP-SBJ ( NNP Brady ) ( CC and ) ( NNP Breeden ) ) ( VP ( VBP work ) ( ADVP-MNR ( RB well ) ) ( ADVP ( RB together ) ) ( PP ( IN on ) ( NP ( DT the ) ( NN plunge ) ) ) ( PP ( IN despite ) ( NP ( DT the ) ( NN fact ) ( SBAR ( IN that ) ( S ( NP-SBJ ( DT the ) ( NNP Treasury ) ( NN secretary ) ) ( VP ( VBD opposed ) ( NP ( NP ( NP ( NNP Breeden ) ( POS 's ) ) ( NN nomination ) ) ( PP ( TO to ) ( NP ( DT the ) ( NNP SEC ) ( NN post ) ) ) ) ) ) ) ) ) ) )

Brady and Breeden work well together on the plunge despite the fact that the Treasury secretary opposed Breeden 's nomination to the SEC post


( S-HLN ( NP-SBJ ( NNP BAKER ) ) ( VP ( NNP FALTERS ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NNP Mideast ) ) ) ( PP-LOC ( IN amid ) ( NP ( NP ( JJ Israeli ) ( NN paralysis ) ) ( CC and ) ( NP ( JJ Palestinian ) ( NNS politics ) ) ) ) ) )

BAKER FALTERS in the Mideast amid Israeli paralysis and Palestinian politics


( S ( PP ( IN Despite ) ( S-NOM ( VP ( VBG seeing ) ( S ( NP-SBJ ( NP ( PRP$ his ) ( NN plan ) ) ( PP ( IN for ) ( NP ( JJ Israeli-Palestinian ) ( NNS elections ) ) ) ) ( VP ( VBP wither ) ) ) ) ) ) ( NP-SBJ-1 ( NP ( DT the ) ( JJ cautious ) ( NN secretary ) ) ( PP ( IN of ) ( NP ( NN state ) ) ) ) ( VP ( VBZ is ) ( ADVP-TMP ( RB so ) ( RB far ) ) ( ADJP-PRD ( JJ unwilling ) ( S ( VP ( TO to ) ( VP ( VB cut ) ( NP ( NNP U.S. ) ( ADJP ( JJ economic ) ( CC or ) ( JJ military ) ) ( NN aid ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB force ) ( NP ( JJ Israeli ) ( NN cooperation ) ) ) ) ) ) ) ) ) ) )

Despite seeing his plan for Israeli-Palestinian elections wither the cautious secretary of state is so far unwilling to cut U.S. economic or military aid to force Israeli cooperation


( S ( NP-SBJ ( NNP Baker ) ) ( ADVP ( RB nonetheless ) ) ( VP ( VBZ remains ) ( ADJP-PRD ( JJ furious ) ( PP ( DT both ) ( PP ( IN at ) ( NP-1 ( NNP Shamir ) ) ) ( PRN ( PP ( IN for ) ( S-NOM ( VP ( VBG backing ) ( PRT ( RP down ) ) ( PP ( IN on ) ( NP ( DT the ) ( NNS elections ) ) ) ) ) ) ) ( CC and ) ( PP ( IN at ) ( NP-2 ( NP ( NP ( NNP Shamir ) ( POS 's ) ) ( NN rival ) ) ( NP ( NNP Peres ) ) ) ) ( PRN ( PP ( IN for ) ( NP ( NP ( JJ political ) ( NN ineptitude ) ) ( PP ( IN in ) ( S-NOM ( VP ( VBG forcing ) ( NP ( NP ( DT a ) ( JJ premature ) ( NN cabinet ) ( NN vote ) ) ( PP ( IN on ) ( NP ( NP ( NNP Baker ) ( POS 's ) ) ( NN plan ) ) ) ) ) ) ) ) ) ) ) ) ) )

Baker nonetheless remains furious both at Shamir for backing down on the elections and at Shamir 's rival Peres for political ineptitude in forcing a premature cabinet vote on Baker 's plan


( S ( ADVP-TMP ( RB Meanwhile ) ) ( NP-SBJ ( DT some ) ( NNP U.S. ) ( NNS officials ) ) ( VP ( VBP fear ) ( SBAR ( S ( NP-SBJ ( NNP PLO ) ( NN chief ) ( NNP Arafat ) ) ( VP ( VP ( VBZ is ) ( VP ( VBG getting ) ( NP ( JJ cold ) ( NNS feet ) ) ) ) ( CC and ) ( VP ( MD may ) ( VP ( VB back ) ( PRT ( RP off ) ) ( PP-DIR ( IN from ) ( NP ( PRP$ his ) ( JJ recent ) ( NX ( NX ( NN moderation ) ) ( CC and ) ( NX ( NX ( NN renunciation ) ) ( PP ( IN of ) ( NP ( NN terrorism ) ) ) ) ) ) ) ) ) ) ) ) ) )

Meanwhile some U.S. officials fear PLO chief Arafat is getting cold feet and may back off from his recent moderation and renunciation of terrorism


( S ( S ( NP-SBJ ( PRP He ) ) ( VP ( VBZ is ) ( PP-LOC-PRD ( IN under ) ( NP ( NP ( JJ intense ) ( NN fire ) ) ( PP ( IN from ) ( NP ( JJ other ) ( JJ Palestinian ) ( NNS groups ) ) ) ) ) ) ) ( S ( NP-SBJ ( NNP Syria ) ) ( VP ( VBZ is ) ( VP ( VBG pushing ) ( NP ( NP ( NNP Ahmad ) ( NNP Jibril ) ) ( SBAR ( WHNP-2 ( WP$ whose ) ( JJ terrorist ) ( NN band ) ) ( S ( VP ( VBZ is ) ( VP ( VBN blamed ) ( PP-CLR ( IN for ) ( NP ( DT the ) ( NNP Pan ) ( VBP Am ) ( CD 103 ) ( NN bombing ) ) ) ) ) ) ) ) ( PP-CLR ( IN as ) ( NP ( NP ( DT an ) ( NN alternative ) ) ( PP ( TO to ) ( NP ( NNP Arafat ) ) ) ) ) ) ) ) )

He is under intense fire from other Palestinian groups Syria is pushing Ahmad Jibril whose terrorist band is blamed for the Pan Am 103 bombing as an alternative to Arafat


( S-HLN ( NP-SBJ ( NP ( NNP DARMAN'S ) ( NNS MANEUVERS ) ) ( PP ( IN on ) ( NP ( NP ( DT the ) ( NN budget ) ) ( CC and ) ( NP ( NN capital ) ( NNS gains ) ) ) ) ) ( VP ( VBP hurt ) ( NP ( PRP him ) ) ( PP-LOC ( IN in ) ( NP ( NNP Congress ) ) ) ) )

DARMAN'S MANEUVERS on the budget and capital gains hurt him in Congress


( S ( NP-SBJ-1 ( NNS Republicans ) ( CONJP ( RB as ) ( RB well ) ( IN as ) ) ( NNS Democrats ) ) ( VP ( VBD were ) ( VP ( VBN angered ) ( PP ( IN by ) ( NP-LGS ( NP ( NP ( DT the ) ( NN budget ) ( NN director ) ( POS 's ) ) ( NN rejection ) ) ( PP ( IN of ) ( NP ( NP ( NNP Speaker ) ( NNP Foley ) ( POS 's ) ) ( NN effort ) ( S ( VP ( TO to ) ( VP ( VB expedite ) ( NP ( DT a ) ( NN deficitcutting ) ( NN measure ) ) ( PP-MNR ( IN by ) ( S-NOM ( VP ( VBG stripping ) ( NP ( PRP it ) ) ( PP-CLR ( IN of ) ( NP ( NP ( DT the ) ( NNS capital-gains ) ( NN tax ) ( NN cut ) ) ( CONJP ( RB as ) ( RB well ) ( IN as ) ) ( NP ( JJ pet ) ( JJ Democratic ) ( NNS projects ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Republicans as well as Democrats were angered by the budget director 's rejection of Speaker Foley 's effort to expedite a deficitcutting measure by stripping it of the capital-gains tax cut as well as pet Democratic projects


( S ( S ( NP-SBJ ( NNP Darman ) ) ( ADVP-TMP ( RB now ) ) ( VP ( VBZ blames ) ( NP ( DT the ) ( NN clash ) ) ( PP-CLR ( IN on ) ( NP ( NN miscommunication ) ) ) ) ) ( CC but ) ( S ( NP-SBJ ( NP ( NNP House ) ( NNP GOP ) ( NN leader ) ( NNP Michel ) ) ( SBAR ( WHNP-2 ( WP who ) ) ( S ( VP ( VBD carried ) ( NP ( DT the ) ( NN offer ) ) ( PP-DTV ( TO to ) ( NP ( PRP him ) ) ) ) ) ) ) ( VP ( VBZ observes ) ( S ( NP-SBJ ( PRP I ) ) ( VP ( VBD was ) ( VP ( VP ( VBG speaking ) ( NP ( NNP English ) ) ( PP-TMP ( IN at ) ( NP ( DT the ) ( NN time ) ) ) ) ( CC and ) ( VP ( ADVP-MNR=3 ( RB quite ) ( JJ loud ) ) ( SBAR-PRP=4 ( IN so ) ( S ( NP-SBJ-1 ( PRP I ) ) ( VP ( MD could ) ( VP ( VB be ) ( VP ( VBN understood ) ) ) ) ) ) ) ) ) ) ) ) )

Darman now blames the clash on miscommunication but House GOP leader Michel who carried the offer to him observes I was speaking English at the time and quite loud so I could be understood


( S ( NP-SBJ ( NNP Senate ) ( NNP GOP ) ( NN leader ) ( NNP Dole ) ) ( VP ( VBZ ridicules ) ( NP ( DT the ) ( NN budget ) ( NN chief ) ) ( PP-LOC ( IN on ) ( NP ( DT the ) ( NNP Senate ) ( NN floor ) ) ) ) )

Senate GOP leader Dole ridicules the budget chief on the Senate floor


( S ( NP-SBJ-4 ( JJ Democratic ) ( NN counterpart ) ( NNP Mitchell ) ) ( S ( VP ( VBN asked ) ( S ( VP ( TO to ) ( VP ( VB interpret ) ( NP ( NP ( NNP Darman ) ( POS 's ) ) ( NN threat ) ( S ( VP ( TO to ) ( VP ( VB make ) ( S ( ADJP-PRD ( JJ permanent ) ) ( NP-SBJ ( NP ( DT the ) ( JJ across-the-board ) ( NNP Gramm-Rudman ) ( NNS cuts ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( VBD took ) ( NP-CLR ( NN effect ) ) ( NP-TMP ( DT this ) ( NN week ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ( VP ( VBZ says ) ( S ( NP-SBJ-5 ( PRP I ) ) ( VP ( VBP do ) ( RB n't ) ( ADVP ( RB even ) ) ( VP ( VB bother ) ( S ( VP ( TO to ) ( VP ( VB interpret ) ( NP ( PRP them ) ) ) ) ) ) ) ) ) )

Democratic counterpart Mitchell asked to interpret Darman 's threat to make permanent the across-the-board Gramm-Rudman cuts that took effect this week says I do n't even bother to interpret them


( S ( CC But ) ( NP-SBJ ( NNP Darman ) ) ( VP ( VBZ suggests ) ( SBAR ( S ( NP-SBJ ( JJ such ) ( NNS tensions ) ) ( VP ( MD will ) ( VP ( VB dissipate ) ( ADVP-MNR ( RB quickly ) ) ) ) ) ) ) )

But Darman suggests such tensions will dissipate quickly


( S ( S-TPC-1 ( SBAR-ADV ( IN If ) ( S ( NP-SBJ ( PRP I ) ) ( VP ( MD can ) ( VP ( VB show ) ( NP ( NP ( NNS signs ) ) ( PP ( IN of ) ( NP ( NN maturity ) ) ) ) ) ) ) ) ( NP-SBJ ( RB almost ) ( NN anybody ) ) ( VP ( MD can ) ) ) ( NP-SBJ ( PRP he ) ) ( VP ( VBZ jokes ) ) )

If I can show signs of maturity almost anybody can he jokes


( S-HLN ( NP-SBJ ( NNP HHS ) ( NNS OFFICIALS ) ) ( VP ( VBP expect ) ( S ( NP-SBJ ( NNP Secretary ) ( NNP Sullivan ) ) ( VP ( TO to ) ( VP ( VB continue ) ( NP ( NP ( DT a ) ( NN ban ) ) ( PP ( IN on ) ( NP ( NP ( NN research ) ) ( VP ( VBG using ) ( NP ( JJ fetal ) ( NN tissue ) ) ) ) ) ) ) ) ) ) )

HHS OFFICIALS expect Secretary Sullivan to continue a ban on research using fetal tissue


( S ( SBAR-TMP ( IN Before ) ( S ( NP-SBJ-1 ( PRP he ) ) ( VP ( VBD was ) ( VP ( VBN confirmed ) ) ) ) ) ( NP-SBJ ( NNP Sullivan ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP he ) ) ( VP ( VBD had ) ( NP ( NP ( NNS reservations ) ) ( PP ( IN about ) ( NP ( NP ( DT any ) ( NN blanket ) ( NNS prohibitions ) ) ( PP ( IN on ) ( NP ( JJ medical ) ( NN research ) ) ) ) ) ) ) ) ) ) )

Before he was confirmed Sullivan said he had reservations about any blanket prohibitions on medical research


( S-3 ( CC But ) ( ADVP-TMP ( RB now ) ) ( PRN ( S ( NP-SBJ ( DT an ) ( NN official ) ) ( VP ( VBZ says ) ) ) ) ( NP-SBJ-1 ( PRP he ) ) ( VP ( VBZ is ) ( VP ( VBN surrounded ) ( PP ( IN by ) ( NP-LGS ( NP ( NNS right-to-lifers ) ) ( SBAR ( WHNP-2 ( WP who ) ) ( S ( VP ( VBP contend ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NP ( DT any ) ( NNS breakthroughs ) ) ( PP-LOC ( IN in ) ( NP ( JJ fetal-tissue ) ( NN research ) ) ) ) ( VP ( MD could ) ( VP ( VB increase ) ( NP ( NP ( DT the ) ( NN demand ) ) ( PP ( IN for ) ( NP ( NNS abortions ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

But now an official says he is surrounded by right-to-lifers who contend that any breakthroughs in fetal-tissue research could increase the demand for abortions


( S-HLN ( NP-SBJ ( NP ( NN COOPERATION ) ) ) ( VP ( VBZ WANES ) ( PP-CLR ( IN on ) ( NP ( NNS weapons ) ( NN development ) ) ) ( PP-1 ( IN between ) ( NP ( NP ( DT the ) ( NNP U.S. ) ) ( CC and ) ( NP ( NNP Europe ) ) ) ) ) )

COOPERATION WANES on weapons development between the U.S. and Europe


( S ( S ( NP-SBJ ( NNP Britain ) ( NNP France ) ( CC and ) ( NNP Italy ) ) ( VP ( VBP pull ) ( PP-DIR ( IN out ) ( PP ( IN of ) ( NP ( DT a ) ( NN proposal ) ( S ( VP ( TO to ) ( VP ( VB build ) ( NP ( JJ new ) ( NNP NATO ) ( NNS frigates ) ) ) ) ) ) ) ) ) ) ( S ( NP-SBJ ( NP ( DT the ) ( NNP U.S. ) ) ( CC and ) ( NP ( NNP West ) ( NNP Germany ) ) ) ( VP ( VBP have ) ( NP-ADV ( DT each ) ) ( VP ( VBN withdrawn ) ( PP-DIR ( IN from ) ( NP ( NN missile ) ( NNS projects ) ) ) ) ) ) )

Britain France and Italy pull out of a proposal to build new NATO frigates the U.S. and West Germany have each withdrawn from missile projects


( S ( S ( NP-SBJ ( NN Defense ) ( NNS experts ) ) ( VP ( VBP say ) ( SBAR ( S ( NP-SBJ-1 ( JJ joint ) ( NNS projects ) ) ( VP ( VBP are ) ( ADVP ( RB increasingly ) ) ( VP ( VBN squeezed ) ( PP ( IN by ) ( NP-LGS ( NP ( NN budget ) ( NNS pressures ) ) ( CC and ) ( NP ( DT the ) ( NN desire ) ( S ( VP ( TO to ) ( VP ( VB save ) ( NP ( JJ domestic ) ( NNS jobs ) ) ) ) ) ) ) ) ) ) ) ) ) ) ( S ( NP-SBJ ( DT some ) ) ( ADVP ( RB also ) ) ( VP ( VBP fear ) ( NP ( VBG rising ) ( NN protectionism ) ) ( SBAR-TMP ( IN as ) ( S ( NP-SBJ ( JJ European ) ( NN unity ) ) ( VP ( VBZ nears ) ) ) ) ) ) )

Defense experts say joint projects are increasingly squeezed by budget pressures and the desire to save domestic jobs some also fear rising protectionism as European unity nears


( NP-HLN ( DT BOTH ) ( NNS SIDES ) ( RB NOW ) )

BOTH SIDES NOW


( S ( NP-SBJ-1 ( NNP Virginia ) ( NNP GOP ) ( NN lieutenant ) ( NN governor ) ( NN candidate ) ( NNP Eddy ) ( NNP Dalton ) ) ( VP ( VBZ tries ) ( S ( VP ( TO to ) ( VP ( VB have ) ( NP ( PRP it ) ) ( NP-MNR ( DT both ) ( NNS ways ) ) ( PP ( IN on ) ( NP ( DT the ) ( NN abortion ) ( NN issue ) ) ) ) ) ) ) )

Virginia GOP lieutenant governor candidate Eddy Dalton tries to have it both ways on the abortion issue


( S ( SBAR-ADV ( IN Though ) ( S ( NP-SBJ ( PRP she ) ) ( VP ( VBZ opposes ) ( NP ( NN abortion ) ) ( PP-LOC ( IN in ) ( NP ( RB almost ) ( DT all ) ( NNS cases ) ) ) ) ) ) ( NP-SBJ ( PRP she ) ) ( VP ( VBZ airs ) ( NP ( NP ( DT a ) ( NN TV ) ( NN commercial ) ) ( VP ( VBG using ) ( NP ( JJ pro-choice ) ( NNS buzzwords ) ) ) ) ) )

Though she opposes abortion in almost all cases she airs a TV commercial using pro-choice buzzwords


( S ( S-TPC-3 ( NP-SBJ-1 ( DT A ) ( NN woman ) ) ( VP ( MD ought ) ( S ( VP ( TO to ) ( VP ( VB have ) ( NP ( DT a ) ( NN choice ) ) ( PP-LOC ( PP ( IN in ) ( NP ( NP ( NNS cases ) ) ( SBAR ( WHADVP-2 ( WRB where ) ) ( S ( NP-SBJ ( PRP$ her ) ( NN life ) ( CC or ) ( NN health ) ) ( VP ( VBP are ) ( PP-PRD ( IN in ) ( NP ( NN danger ) ) ) ) ) ) ) ) ( CC and ) ( PP ( IN in ) ( NP ( NP ( NNS cases ) ) ( PP ( IN of ) ( NP ( NN rape ) ( CC or ) ( NN incest ) ) ) ) ) ) ) ) ) ) ) ( NP-SBJ ( PRP she ) ) ( VP ( VBZ proclaims ) ) )

A woman ought to have a choice in cases where her life or health are in danger and in cases of rape or incest she proclaims


HOT TOPIC


( S ( NP-SBJ ( NP ( NN Interest ) ) ( PP ( IN in ) ( NP ( DT the ) ( NN abortion ) ( NN issue ) ) ) ) ( VP ( VBZ is ) ( ADJP-PRD ( ADJP ( RB so ) ( JJ great ) ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NP ( DT the ) ( NNP Hotline ) ) ( NP ( DT a ) ( JJ daily ) ( JJ computer-distributed ) ( JJ political ) ( NN newsletter ) ) ) ( VP ( VBZ comes ) ( PRT ( RP up ) ) ( PP-CLR ( IN with ) ( NP ( NP ( DT a ) ( NN spinoff ) ( NN product ) ) ( VP ( VBD called ) ( S ( NP-PRD ( DT the ) ( NNP Abortion ) ( NNP Report ) ) ) ) ( VP ( VBG dealing ) ( ADVP ( RB solely ) ) ( PP-CLR ( IN with ) ( NP ( PRP$ its ) ( JJ political ) ( NNS implications ) ) ) ) ) ) ) ) ) ) ) )

Interest in the abortion issue is so great that the Hotline a daily computer-distributed political newsletter comes up with a spinoff product called the Abortion Report dealing solely with its political implications


( S-HLN ( NP-SBJ ( NNS CONSERVATIVES ) ) ( VP ( VBP EXPECT ) ( S ( NP-SBJ ( NNP Bush ) ) ( VP ( TO to ) ( VP ( VB solidify ) ( NP ( NP ( PRP$ their ) ( NN majority ) ) ( PP-LOC ( IN on ) ( NP ( DT a ) ( JJ key ) ( NN court ) ) ) ) ) ) ) ) )

CONSERVATIVES EXPECT Bush to solidify their majority on a key court


( S ( NP-SBJ ( NNP Bush ) ) ( VP ( VBZ has ) ( NP ( NP ( CD three ) ( NNS vacancies ) ) ( SBAR ( S ( VP ( TO to ) ( VP ( VB fill ) ) ) ) ) ( PP-LOC ( IN on ) ( NP ( NP ( DT the ) ( JJ prestigious ) ( NNP D.C. ) ( NNP Circuit ) ( NNP Court ) ) ( SBAR ( WHNP-2 ( WDT which ) ) ( S ( VP ( VP ( VBZ handles ) ( NP ( JJ many ) ( JJ important ) ( JJ regulatory ) ( NNS issues ) ) ) ( CC and ) ( VP ( VBZ is ) ( ADVP-TMP ( RB often ) ) ( VP ( VBN considered ) ( S ( NP-PRD ( NP ( DT a ) ( NN warm-up ) ) ( PP ( IN for ) ( NP ( JJ future ) ( NNP Supreme ) ( NNP Court ) ( NNS nominees ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Bush has three vacancies to fill on the prestigious D.C. Circuit Court which handles many important regulatory issues and is often considered a warm-up for future Supreme Court nominees


( S ( NP-SBJ ( NNS Conservatives ) ) ( ADVP-TMP ( RB now ) ) ( VP ( VBP hold ) ( ADVP ( RB only ) ) ( NP ( DT a ) ( JJ 5-4 ) ( NN edge ) ) ) )

Conservatives now hold only a 5-4 edge


( S ( S ( NP-SBJ-1 ( CD One ) ( NN slot ) ) ( VP ( VBZ is ) ( VP ( VBN expected ) ( S ( VP ( TO to ) ( VP ( VB go ) ( PP-DIR ( TO to ) ( NP ( NP ( NNP EEOC ) ( NNP Chairman ) ( NNP Clarence ) ( NNP Thomas ) ) ( NP ( DT a ) ( JJ black ) ( NN conservative ) ) ) ) ) ) ) ) ) ) ( S ( PP-TMP ( IN after ) ( S-NOM ( VP ( VBG mulling ) ( NP ( DT a ) ( NN fight ) ) ) ) ) ( NP-SBJ-2 ( NNS liberals ) ) ( ADVP-TMP ( RB now ) ) ( ADVP ( RB probably ) ) ( VP ( MD wo ) ( RB n't ) ( VP ( VB put ) ( PRT ( RP up ) ) ( NP ( NP ( DT a ) ( JJ major ) ( NN struggle ) ) ( PP ( IN against ) ( NP ( PRP him ) ) ) ) ) ) ) )

One slot is expected to go to EEOC Chairman Clarence Thomas a black conservative after mulling a fight liberals now probably wo n't put up a major struggle against him


( S ( NP-SBJ ( NP ( JJ Other ) ( NNS conservatives ) ) ( VP ( VBD thought ) ( S ( VP ( TO to ) ( VP ( VB be ) ( PP-LOC-PRD ( IN on ) ( NP ( NP ( DT the ) ( NN administration ) ( POS 's ) ) ( JJ short ) ( NN list ) ) ) ) ) ) ) ) ( VP ( VBP include ) ( NP ( NP ( NP ( NNP Washington ) ( NN lawyer ) ( NNP Michael ) ( NNP Uhlmann ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( VBD was ) ( VP ( VBN passed ) ( PRT ( RP over ) ) ( PP-CLR ( IN for ) ( NP ( NP ( DT the ) ( NN No. ) ( CD 2 ) ( NN job ) ) ( PP-LOC ( IN at ) ( NP ( DT the ) ( NNP Justice ) ( NNP Department ) ) ) ) ) ) ) ) ) ) ( CC and ) ( NP ( NP ( NNP Marshall ) ( NNP Breger ) ) ( NP ( NP ( NN chairman ) ) ( PP ( IN of ) ( NP ( NP ( DT a ) ( NNP U.S. ) ( NN agency ) ) ( PP ( IN on ) ( NP ( NN administration ) ) ) ) ) ) ) ) ) )

Other conservatives thought to be on the administration 's short list include Washington lawyer Michael Uhlmann who was passed over for the No. 2 job at the Justice Department and Marshall Breger chairman of a U.S. agency on administration


( S ( S ( NP-SBJ-1 ( DT The ) ( NNP Bush ) ( NN administration ) ) ( VP ( MD would ) ( ADVP ( RB also ) ) ( VP ( VB like ) ( S ( VP ( TO to ) ( VP ( VB nominate ) ( NP ( DT a ) ( NN woman ) ) ) ) ) ) ) ) ( S ( NP-SBJ ( CD one ) ( NN possibility ) ) ( VP ( VBZ is ) ( NP-PRD ( JJ former ) ( NNP Justice ) ( NNP Department ) ( NN official ) ( NNP Victoria ) ( NNP Toensing ) ) ) ) )

The Bush administration would also like to nominate a woman one possibility is former Justice Department official Victoria Toensing


MINOR MEMOS


( S ( S ( PP-LOC ( IN In ) ( NP ( NP ( DT the ) ( NN wake ) ) ( PP ( IN of ) ( NP ( DT the ) ( VBN failed ) ( NNP Panama ) ( NN coup ) ) ) ) ) ( NP-SBJ ( DT a ) ( NN bumper ) ( NN sticker ) ) ( VP ( VBZ appears ) ) ) ( S ( NP-SBJ ( NNP Ollie ) ) ( VP ( MD Would ) ( VP ( VB Have ) ( VP ( NNP Got ) ( NP ( PRP Him ) ) ) ) ) ) )

In the wake of the failed Panama coup a bumper sticker appears Ollie Would Have Got Him


( S ( NP-SBJ ( NNP Rep. ) ( NNP Garcia ) ) ( PP ( IN on ) ( NP ( NP ( NN trial ) ) ( PP ( IN for ) ( NP ( NN bribery ) ( CC and ) ( NN extortion ) ) ) ) ) ( VP ( VBZ puts ) ( NP ( NP ( NNS statements ) ) ) ( PP-PUT ( IN in ) ( NP ( DT the ) ( NNP Congressional ) ( NNP Record ) ) ) ( VP-1 ( VBG attributing ) ( NP ( VBN missed ) ( NNS votes ) ) ( PP-CLR ( TO to ) ( NP ( NN scheduling ) ( NNS conflicts ) ) ) ) ) )

Rep. Garcia on trial for bribery and extortion puts statements in the Congressional Record attributing missed votes to scheduling conflicts


( S ( S ( NP-SBJ-1 ( NP ( DT A ) ( NNP GOP ) ( NNP Senate ) ( JJ fund-raising ) ( NN letter ) ) ( PP ( IN from ) ( NP ( NP ( NNP Sen. ) ( NNP Burns ) ) ( PP ( IN of ) ( NP ( NNP Montana ) ) ) ) ) ) ( VP ( VBZ is ) ( VP ( VBN made ) ( S ( VP ( TO to ) ( VP ( VB appear ) ( ADJP-PRD ( RB personally ) ( VBN written ) ) ) ) ) ) ) ) ( CC and ) ( S ( NP-SBJ ( PRP$ its ) ( NN opening ) ( NN line ) ) ( VP ( VBZ is ) ( S-PRD ( INTJ ( UH Please ) ) ( VP ( VB excuse ) ( NP ( PRP$ my ) ( NN handwriting ) ) ) ) ) ) )

A GOP Senate fund-raising letter from Sen. Burns of Montana is made to appear personally written and its opening line is Please excuse my handwriting


( S ( CC But ) ( NP-SBJ ( NNP Burns ) ) ( VP ( VBZ confesses ) ( PP-LOC ( IN in ) ( NP ( DT an ) ( NN interview ) ) ) ( S ( NP-SBJ ( DT That ) ) ( VP ( VBZ 's ) ( RB not ) ( NP-PRD ( PRP$ my ) ( NN handwriting ) ) ) ) ) )

But Burns confesses in an interview That 's not my handwriting


( S ( NP-SBJ ( NP ( JJ Short ) ( NN interest ) ) ( PP-LOC ( IN on ) ( NP ( DT the ) ( NNP New ) ( NNP York ) ( NNP Stock ) ( NNP Exchange ) ) ) ) ( VP ( VBD declined ) ( PP-TMP ( IN for ) ( NP ( DT the ) ( JJ second ) ( JJ consecutive ) ( NN month ) ) ) ( NP-TMP ( DT this ) ( NN time ) ) ( NP-EXT ( CD 4.2 ) ( NN % ) ) ( SBAR-ADV ( IN while ) ( S ( NP-SBJ ( DT the ) ( NNP American ) ( NNP Stock ) ( NNP Exchange ) ) ( VP ( VBD reported ) ( NP ( NP ( PRP$ its ) ( JJ third ) ( JJ consecutive ) ( NN record ) ( NN month ) ) ( PP ( IN of ) ( NP ( JJ short ) ( NN interest ) ) ) ) ) ) ) ) )

Short interest on the New York Stock Exchange declined for the second consecutive month this time 4.2 % while the American Stock Exchange reported its third consecutive record month of short interest


( S ( NP-SBJ ( DT The ) ( NNP Big ) ( NNP Board ) ) ( VP ( VBD reported ) ( SBAR ( DT that ) ( S ( NP-SBJ ( JJ short ) ( NN interest ) ) ( VP ( VBD dropped ) ( PP-DIR ( TO to ) ( NP ( CD 523,920,214 ) ( NNS shares ) ) ( PP-TMP ( IN as ) ( PP ( IN of ) ( NP ( NNP Oct. ) ( CD 13 ) ) ) ) ) ( PP-DIR ( IN from ) ( NP ( CD 547,347,585 ) ( NNS shares ) ) ( PP-TMP ( IN in ) ( NP ( NN mid-September ) ) ) ) ) ) ) ) )

The Big Board reported that short interest dropped to 523,920,214 shares as of Oct. 13 from 547,347,585 shares in mid-September


( S ( NP-SBJ ( NNP Amex ) ( JJ short ) ( NN interest ) ) ( VP ( VBD climbed ) ( NP-EXT ( CD 3 ) ( NN % ) ) ( PP-DIR ( TO to ) ( NP ( CD 53,496,665 ) ( NNS shares ) ) ) ( PP-DIR ( IN from ) ( NP ( CD 51,911,566 ) ( NNS shares ) ) ) ) )

Amex short interest climbed 3 % to 53,496,665 shares from 51,911,566 shares


( S ( PP ( IN For ) ( NP ( DT the ) ( JJ year-earlier ) ( NN month ) ) ) ( NP-SBJ ( DT the ) ( NNP Big ) ( NNP Board ) ) ( VP ( VBD reported ) ( NP ( CD 461,539,056 ) ( NNS shares ) ) ( S-ADV ( VP ( VBG indicating ) ( NP ( DT a ) ( ADJP ( CD 13.5 ) ( NN % ) ) ( JJ year-to-year ) ( NN rise ) ) ) ) ( SBAR-ADV ( IN while ) ( S ( NP-SBJ ( DT the ) ( NNP Amex ) ) ( VP ( VBN reported ) ( NP ( NP ( CD 36,015,194 ) ( NNS shares ) ) ( NP ( DT a ) ( ADJP ( CD 48 ) ( NN % ) ) ( NN leap ) ) ) ) ) ) ) )

For the year-earlier month the Big Board reported 461,539,056 shares indicating a 13.5 % year-to-year rise while the Amex reported 36,015,194 shares a 48 % leap


( S ( NP-SBJ ( NNP Amex ) ( JJ short ) ( NN interest ) ) ( VP ( VBZ has ) ( VP ( VBN been ) ( VP ( VBG heading ) ( ADVP-DIR ( RB upward ) ) ( PP-TMP ( IN since ) ( NP ( NN mid-December ) ) ) ( PP ( IN with ) ( NP ( NP ( NNS increases ) ) ( PP-TMP ( IN in ) ( NP ( NP ( DT each ) ( NN month ) ) ( PP-TMP ( IN since ) ( ADVP ( RB then ) ) ) ( PP ( IN except ) ( PP-TMP ( IN at ) ( NP ( NN mid-July ) ) ) ) ) ) ) ) ) ) ) )

Amex short interest has been heading upward since mid-December with increases in each month since then except at mid-July


( S ( NP-SBJ-2 ( NP ( NNS Traders ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( VBP sell ) ( ADVP ( JJ short ) ) ) ) ) ) ( VP ( VP ( VBP borrow ) ( NP ( NN stock ) ) ) ( CC and ) ( VP ( VBP sell ) ( NP ( PRP it ) ) ) ( S-ADV ( VP ( VBG betting ) ( SBAR ( SBAR ( IN that ) ( S ( NP-SBJ ( NP ( DT the ) ( NN stock ) ( POS 's ) ) ( NN price ) ) ( VP ( MD will ) ( VP ( VB decline ) ) ) ) ) ( CC and ) ( SBAR ( IN that ) ( S ( NP-SBJ ( PRP they ) ) ( VP ( MD can ) ( VP ( VB buy ) ( NP ( DT the ) ( NNS shares ) ) ( ADVP-CLR ( RB back ) ) ( ADVP-TMP ( RBR later ) ) ( PP-CLR ( IN at ) ( NP ( DT a ) ( JJR lower ) ( NN price ) ) ) ( PP-CLR ( IN for ) ( NP ( NP ( NN return ) ) ( PP ( TO to ) ( NP ( DT the ) ( NN lender ) ) ) ) ) ) ) ) ) ) ) ) ) )

Traders who sell short borrow stock and sell it betting that the stock 's price will decline and that they can buy the shares back later at a lower price for return to the lender


( S ( NP-SBJ ( JJ Short ) ( NN interest ) ) ( VP ( VBZ is ) ( NP-PRD ( NP ( DT the ) ( NN number ) ) ( PP ( IN of ) ( NP ( NNS shares ) ) ) ( SBAR ( WHNP-2 ( WDT that ) ) ( S ( VP ( VBP have ) ( RB n't ) ( ADVP ( RB yet ) ) ( VP ( VBN been ) ( VP ( VBN purchased ) ( PP-CLR ( IN for ) ( NP ( NP ( NN return ) ) ( PP ( TO to ) ( NP ( NNS lenders ) ) ) ) ) ) ) ) ) ) ) ) )

Short interest is the number of shares that have n't yet been purchased for return to lenders


( S ( SBAR-ADV ( IN Although ) ( S ( NP-SBJ ( DT a ) ( JJ substantial ) ( JJ short ) ( NN position ) ) ( VP ( VBZ reflects ) ( NP ( JJ heavy ) ( NN speculation ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NP ( DT a ) ( NN stock ) ( POS 's ) ) ( NN price ) ) ( VP ( MD will ) ( VP ( VB decline ) ) ) ) ) ) ) ) ) ( NP-SBJ ( DT some ) ( NNS investors ) ) ( VP ( VBP consider ) ( S ( NP-SBJ ( NP ( DT an ) ( NN increase ) ) ( PP-LOC ( IN in ) ( NP ( JJ short ) ( NN interest ) ) ) ) ( ADJP-PRD ( JJ bullish ) ) ) ( SBAR-PRP ( IN because ) ( S ( NP-SBJ-1 ( DT the ) ( VBN borrowed ) ( NNS shares ) ) ( ADVP-TMP ( RB eventually ) ) ( VP ( MD must ) ( VP ( VB be ) ( VP ( VBN bought ) ( ADVP-CLR ( RB back ) ) ) ) ) ) ) ) )

Although a substantial short position reflects heavy speculation that a stock 's price will decline some investors consider an increase in short interest bullish because the borrowed shares eventually must be bought back


( S ( NP-SBJ-1 ( NP ( NN Fluctuation ) ) ( PP ( IN in ) ( NP ( NP ( JJ short ) ( NN interest ) ) ( PP ( IN of ) ( NP ( JJ certain ) ( NNS stocks ) ) ) ) ) ) ( ADVP ( RB also ) ) ( VP ( MD may ) ( VP ( VB be ) ( VP ( VBN caused ) ( ADVP ( RB partly ) ) ( PP ( IN by ) ( NP-LGS ( VBG arbitraging ) ) ) ) ) ) )

Fluctuation in short interest of certain stocks also may be caused partly by arbitraging


( S ( NP-SBJ ( DT The ) ( NNS figures ) ) ( ADVP-TMP ( RB occasionally ) ) ( VP ( VBP include ) ( NP ( NP ( JJ incomplete ) ( NNS transactions ) ) ( PP ( IN in ) ( NP ( JJ restricted ) ( NN stock ) ) ) ) ) )

The figures occasionally include incomplete transactions in restricted stock


( S ( NP-SBJ ( NP ( DT The ) ( NN level ) ) ( PP ( IN of ) ( NP ( JJ negative ) ( NN sentiment ) ) ) ( VP ( VBN measured ) ( PP ( IN by ) ( NP-LGS ( NP ( DT the ) ( NNP Big ) ( NNP Board ) ) ( JJ short ) ( NN interest ) ( NN ratio ) ) ) ) ) ( VP ( VBD slipped ) ( PP-DIR ( TO to ) ( NP ( CD 3.36 ) ) ) ( PP-DIR ( IN from ) ( NP ( NP ( JJ last ) ( NN month ) ( POS 's ) ) ( CD 3.38 ) ) ) ) )

The level of negative sentiment measured by the Big Board short interest ratio slipped to 3.36 from last month 's 3.38


( S ( NP-SBJ ( DT The ) ( NN ratio ) ) ( VP ( VBZ is ) ( NP-PRD ( NP ( DT the ) ( NN number ) ) ( PP ( IN of ) ( NP ( NN trading ) ( NNS days ) ) ) ( PP ( IN at ) ( NP ( NP ( DT the ) ( NN exchange ) ( POS 's ) ) ( JJ average ) ( NN trading ) ( NN volume ) ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( MD would ) ( VP ( VB be ) ( VP ( VBN required ) ( S-PRP ( VP ( TO to ) ( VP ( VB convert ) ( NP ( DT the ) ( JJ total ) ( JJ short ) ( NN interest ) ( NN position ) ) ) ) ) ) ) ) ) ) ) ) )

The ratio is the number of trading days at the exchange 's average trading volume that would be required to convert the total short interest position


( S ( NP-SBJ ( DT Some ) ( NNS analysts ) ) ( VP ( VBP suggest ) ( ADVP ( RB however ) ) ( SBAR ( IN that ) ( S ( NP-SBJ ( DT the ) ( NN ratio ) ) ( VP ( VBZ has ) ( VP ( VBN weakened ) ( PP ( IN in ) ( NP ( NP ( NN value ) ) ( PP ( IN as ) ( NP ( DT an ) ( NN indicator ) ) ) ) ) ( SBAR-PRP ( IN because ) ( S ( NP-SBJ-1 ( NP ( NNS options ) ) ( CC and ) ( NP ( JJ other ) ( NNS products ) ) ) ( VP ( MD can ) ( VP ( VB be ) ( VP ( VBN used ) ( S-CLR ( VP ( TO to ) ( VP ( VB hedge ) ( NP ( JJ short ) ( NNS positions ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Some analysts suggest however that the ratio has weakened in value as an indicator because options and other products can be used to hedge short positions


( S ( NP-SBJ ( NNP Varity ) ( NNP Corp. ) ) ( VP ( VBD led ) ( NP ( NP ( DT the ) ( NNP Big ) ( NNP Board ) ( NN list ) ) ( PP ( IN of ) ( NP ( JJS largest ) ( JJ short ) ( NNS volumes ) ) ) ) ( PP-MNR ( IN with ) ( NP ( CD 12,822,563 ) ( NNS shares ) ) ) ) )

Varity Corp. led the Big Board list of largest short volumes with 12,822,563 shares


( S ( NP-SBJ-1 ( NNP Varity ) ) ( VP ( VBZ has ) ( VP ( VBN proposed ) ( S ( VP ( TO to ) ( VP ( VB acquire ) ( NP ( NP ( NNP K-H ) ( NNP Corp. ) ) ( VP ( VBG consisting ) ( PP-CLR ( IN of ) ( NP ( NP ( DT the ) ( NN auto ) ( NNS parts ) ( NN division ) ) ( CC and ) ( NP ( NP ( DT some ) ( NN debt ) ) ( PP ( IN of ) ( NP ( NNP Fruehauf ) ( NNP Corp. ) ) ) ) ) ) ) ) ( PP-CLR ( IN for ) ( NP ( NP ( QP ( CD 577.3 ) ( CD million ) ) ) ( PP ( IN of ) ( NP ( NN cash ) ( CC and ) ( NNS securities ) ) ) ) ) ) ) ) ) ) )

Varity has proposed to acquire K-H Corp. consisting of the auto parts division and some debt of Fruehauf Corp. for 577.3 million of cash and securities


( S ( NP-SBJ ( NNP Chemical ) ( NNP Waste ) ( NNP Management ) ) ( VP ( VBD posted ) ( NP ( NP ( DT the ) ( JJS biggest ) ( NN increase ) ) ( PP ( IN in ) ( NP ( JJ short ) ( NN volume ) ) ) ( PP-LOC ( IN on ) ( NP ( DT the ) ( NNP New ) ( NNP York ) ( NN exchange ) ) ) ) ( ADVP ( RB up ) ( NP ( CD 3,383,477 ) ( NNS shares ) ) ( PP ( TO to ) ( NP ( CD 5,267,238 ) ) ) ) ) )

Chemical Waste Management posted the biggest increase in short volume on the New York exchange up 3,383,477 shares to 5,267,238


( S ( NP-SBJ ( NP ( NNP Bristol-Myers ) ( NNP Squibb ) ( NNP Co. ) ) ( NP ( NP ( DT the ) ( NN entity ) ) ( VP ( VBN formed ) ( PP-CLR ( IN from ) ( NP ( NP ( DT the ) ( JJ recent ) ( NN acquisition ) ) ( PP ( IN of ) ( NP ( NNP Squibb ) ( NNP Corp. ) ) ) ( PP ( IN by ) ( NP ( NNP Bristol-Myers ) ( NNP Co. ) ) ) ) ) ) ) ) ( VP ( VBD logged ) ( NP ( NP ( DT the ) ( JJS largest ) ( NN volume ) ( NN decline ) ) ( NP ( CD 7,592,988 ) ( NNS shares ) ) ( PP ( TO to ) ( NP ( CD 12,017,724 ) ) ) ) ) )

Bristol-Myers Squibb Co. the entity formed from the recent acquisition of Squibb Corp. by Bristol-Myers Co. logged the largest volume decline 7,592,988 shares to 12,017,724


( S ( NP-SBJ ( NP ( JJ Short ) ( NN interest ) ) ( PP ( IN in ) ( NP ( NNP International ) ( NNP Business ) ( NNP Machines ) ( NNP Corp. ) ) ) ) ( VP ( VBD plunged ) ( PP-DIR ( TO to ) ( NP ( CD 1,425,035 ) ( NNS shares ) ) ) ( PP-DIR ( IN from ) ( NP ( CD 2,387,226 ) ( NNS shares ) ) ( ADVP-TMP ( NP ( DT a ) ( NN month ) ) ( RBR earlier ) ) ) ) )

Short interest in International Business Machines Corp. plunged to 1,425,035 shares from 2,387,226 shares a month earlier


( SINV ( ADVP ( RB Also ) ) ( VP-TPC-2 ( ADVP-MNR ( RB closely ) ) ( VBN watched ) ) ( VP ( VBZ is ) ) ( NP-SBJ-1 ( NP ( NNP Exxon ) ( NNP Corp. ) ) ( SBAR ( WHADVP-3 ( WRB where ) ) ( S ( NP-SBJ ( JJ short ) ( NN interest ) ) ( VP ( VBD slid ) ( PP-DIR ( TO to ) ( NP ( CD 4,469,167 ) ( NNS shares ) ) ) ( PP-DIR ( IN from ) ( NP ( CD 5,088,774 ) ) ) ) ) ) ) )

Also closely watched is Exxon Corp. where short interest slid to 4,469,167 shares from 5,088,774


( S ( PP ( IN On ) ( NP ( DT a ) ( NN percentage ) ( NN basis ) ) ) ( NP-SBJ-1 ( NNP Germany ) ( NNP Fund ) ( NNP Inc. ) ) ( VP ( VBD led ) ( NP ( DT the ) ( NNS gainers ) ) ( S-ADV ( VP ( VBG leaping ) ( PP-DIR ( TO to ) ( NP ( CD 67,972 ) ( NNS shares ) ) ) ( PP-DIR ( IN from ) ( NP ( CD three ) ( NNS shares ) ) ) ) ) ) )

On a percentage basis Germany Fund Inc. led the gainers leaping to 67,972 shares from three shares


( S ( NP-SBJ-1 ( NNP TransCanada ) ( NNP PipeLines ) ( NNP Ltd. ) ) ( VP ( VBD led ) ( NP ( DT the ) ( NN percentage ) ( NNS decliners ) ) ( S-ADV ( VP ( VBG dropping ) ( PP-DIR ( TO to ) ( NP ( CD 59 ) ( NNS shares ) ) ) ( PP-DIR ( IN from ) ( NP ( CD 183,467 ) ) ) ) ) ) )

TransCanada PipeLines Ltd. led the percentage decliners dropping to 59 shares from 183,467


( S ( NP-SBJ ( DT The ) ( NNP Amex ) ( JJ short ) ( NN interest ) ( NN volume ) ( NN leader ) ) ( ADVP ( RB again ) ) ( VP ( VBD was ) ( NP-PRD-1 ( NNP Texas ) ( NNP Air ) ( NNP Corp. ) ) ( S-ADV ( VP ( VBG rising ) ( PP-DIR ( TO to ) ( NP ( CD 3,820,634 ) ( NNS shares ) ) ) ( PP-DIR ( IN from ) ( NP ( CD 3,363,949 ) ) ) ) ) ) )

The Amex short interest volume leader again was Texas Air Corp. rising to 3,820,634 shares from 3,363,949


( S ( NP-SBJ ( NNP Bolar ) ( NNP Pharmaceutical ) ( NNP Co. ) ) ( VP ( VBD posted ) ( NP ( NP ( DT the ) ( JJS largest ) ( NN volume ) ( NN increase ) ) ( NP ( CD 552,302 ) ( NNS shares ) ) ( PP ( TO to ) ( NP ( CD 2,157,656 ) ) ) ) ) )

Bolar Pharmaceutical Co. posted the largest volume increase 552,302 shares to 2,157,656


( S ( NP-SBJ ( DT The ) ( NN company ) ) ( VP ( VBZ is ) ( PP-LOC-PRD ( IN under ) ( NP ( NP ( DT an ) ( NN investigation ) ) ( VP ( VBG concerning ) ( NP ( NP ( NNS procedures ) ) ( SBAR ( S ( VP ( TO to ) ( VP ( VB gain ) ( NP ( NP ( NNP Food ) ( CC and ) ( NNP Drug ) ( NNP Administration ) ( NN approval ) ) ( PP ( IN of ) ( NP ( JJ generic ) ( NNS drugs ) ) ) ) ) ) ) ) ) ) ) ) ) )

The company is under an investigation concerning procedures to gain Food and Drug Administration approval of generic drugs


( S ( NP-SBJ ( NNP Bolar ) ) ( VP ( VBZ has ) ( VP ( VBN denied ) ( NP ( DT any ) ( NN wrongdoing ) ) ) ) )

Bolar has denied any wrongdoing


( S ( NP-SBJ ( NP ( DT The ) ( JJS largest ) ( NN volume ) ( NN drop ) ) ( ADVP ( RB down ) ( NP ( CD 445,645 ) ( NNS shares ) ) ( PP ( TO to ) ( NP ( CD 141,903 ) ) ) ) ) ( VP ( VBD came ) ( PP-LOC ( IN in ) ( NP ( NP ( NNS shares ) ) ( VP ( VBN represented ) ( PP ( IN by ) ( NP-LGS ( NP ( NNP B.A.T ) ( NNP Industries ) ( NNP PLC ) ( POS 's ) ) ( JJ American ) ( NN depositary ) ( NNS receipts ) ) ) ) ) ) ) )

The largest volume drop down 445,645 shares to 141,903 came in shares represented by B.A.T Industries PLC 's American depositary receipts


( S ( NP-SBJ ( DT The ) ( NN company ) ) ( VP ( VBZ is ) ( VP ( VBG facing ) ( NP ( NP ( DT a ) ( NN takeover ) ( NN proposal ) ) ( PP ( IN from ) ( NP ( NP ( DT the ) ( NN financier ) ) ( NP ( NNP Sir ) ( NNP James ) ( NNP Goldsmith ) ) ) ) ) ) ) )

The company is facing a takeover proposal from the financier Sir James Goldsmith


( S ( NP-SBJ-1 ( NNP First ) ( NNP Iberian ) ( NNP Fund ) ) ( VP ( VBD led ) ( NP ( DT the ) ( NN percentage ) ( NNS increases ) ) ( S-ADV ( VP ( VBG rising ) ( PP-DIR ( TO to ) ( NP ( CD 73,100 ) ( NNS shares ) ) ) ( PP-DIR ( IN from ) ( NP ( CD 184 ) ) ) ) ) ) )

First Iberian Fund led the percentage increases rising to 73,100 shares from 184


( S ( NP-SBJ ( NNP Nelson ) ( NNP Holdings ) ( NNP International ) ( NNP Ltd. ) ) ( VP ( VBD dropped ) ( NP-ADV ( NP ( DT the ) ( JJS most ) ) ( PP ( IN on ) ( NP ( DT a ) ( NN percentage ) ( NN basis ) ) ) ) ( PP-DIR ( TO to ) ( NP ( CD 1,000 ) ( NNS shares ) ) ) ( PP-DIR ( IN from ) ( NP ( CD 255,923 ) ) ) ) )

Nelson Holdings International Ltd. dropped the most on a percentage basis to 1,000 shares from 255,923


( S ( NP-SBJ ( DT The ) ( JJ adjacent ) ( NNS tables ) ) ( VP ( VBP show ) ( NP ( NP ( DT the ) ( NNP Big ) ( NNP Board ) ( CC and ) ( NNP Amex ) ( NNS issues ) ) ( SBAR ( SBAR ( WHPP-1 ( IN in ) ( WHNP ( WDT which ) ) ) ( S ( NP-SBJ ( NP ( DT a ) ( JJ short ) ( NN interest ) ( NN position ) ) ( PP ( IN of ) ( NP ( QP ( IN at ) ( JJS least ) ( CD 100,000 ) ) ( NNS shares ) ) ) ) ( VP ( VBD existed ) ( PP-TMP ( IN as ) ( PP ( IN of ) ( NP ( NN mid-October ) ) ) ) ) ) ) ( CC or ) ( SBAR ( WHPP-2 ( IN in ) ( WHNP ( WDT which ) ) ) ( S ( NP-SBJ ( EX there ) ) ( VP ( VBD was ) ( NP-PRD ( NP ( DT a ) ( JJ short ) ( NN position ) ( NN change ) ) ( PP ( IN of ) ( NP ( QP ( IN at ) ( JJS least ) ( CD 50,000 ) ) ( NNS shares ) ) ) ) ( PP-TMP ( IN since ) ( NP ( NN mid-September ) ) ) ) ) ) ) ) ) )

The adjacent tables show the Big Board and Amex issues in which a short interest position of at least 100,000 shares existed as of mid-October or in which there was a short position change of at least 50,000 shares since mid-September


( S ( NP-SBJ ( NNP Lufthansa ) ( NNP AG ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( NN passenger ) ( NN volume ) ) ( VP ( VBD climbed ) ( NP-EXT ( CD 5.2 ) ( NN % ) ) ( PP-TMP ( IN for ) ( NP ( NP ( DT the ) ( JJ first ) ( CD nine ) ( NNS months ) ) ( PP ( IN of ) ( NP ( CD 1989 ) ) ) ) ) ( PP-DIR ( TO to ) ( NP ( QP ( CD 15.3 ) ( CD million ) ) ( NNS passengers ) ) ) ( PP-DIR ( IN from ) ( NP ( QP ( CD 14.5 ) ( CD million ) ) ( NNS passengers ) ) ( PP-TMP ( IN in ) ( NP ( DT the ) ( JJ year-earlier ) ( NN period ) ) ) ) ) ) ) ) )

Lufthansa AG said passenger volume climbed 5.2 % for the first nine months of 1989 to 15.3 million passengers from 14.5 million passengers in the year-earlier period


( S ( NP-SBJ ( DT The ) ( ADJP ( JJ West ) ( JJ German ) ) ( JJ national ) ( NN air ) ( NN carrier ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( NN cargo ) ( NN volume ) ) ( VP ( VBD jumped ) ( NP-EXT ( CD 12 ) ( NN % ) ) ( PP-DIR ( TO to ) ( NP ( CD 638,000 ) ( JJ metric ) ( NNS tons ) ) ) ( PP-DIR ( IN from ) ( NP ( CD 569,000 ) ( NNS tons ) ) ( ADVP-TMP ( NP ( DT a ) ( NN year ) ) ( RB ago ) ) ) ) ) ) ) )

The West German national air carrier said cargo volume jumped 12 % to 638,000 metric tons from 569,000 tons a year ago


( S ( NP-SBJ ( NP ( NN Load ) ( NN factor ) ) ( CC or ) ( NP ( NP ( NN percentage ) ) ( PP ( IN of ) ( NP ( NP ( NNS seats ) ) ( VP ( VBN filled ) ) ) ) ) ) ( VP ( VBN climbed ) ( PP-DIR ( TO to ) ( NP ( CD 67.1 ) ( NN % ) ) ) ( PP-DIR ( IN from ) ( NP ( CD 66.6 ) ( NN % ) ) ) ( SBAR-ADV ( RB even ) ( IN though ) ( S ( NP-SBJ ( NP ( DT the ) ( NN number ) ) ( PP ( IN of ) ( NP ( NNS flights ) ) ) ) ( VP ( VBD rose ) ( NP-EXT ( CD 6.9 ) ( NN % ) ) ( PP-DIR ( TO to ) ( NP ( CD 215,845 ) ) ) ( PP-TMP ( IN in ) ( NP ( DT the ) ( JJ first-three ) ( NNS quarters ) ) ) ) ) ) ) )

Load factor or percentage of seats filled climbed to 67.1 % from 66.6 % even though the number of flights rose 6.9 % to 215,845 in the first-three quarters


( S ( S-TPC-1 ( PP-TMP ( PP ( IN From ) ( NP ( NNP January ) ) ) ( PP ( IN through ) ( NP ( NNP September ) ) ) ) ( NP-SBJ ( NP ( DT the ) ( NN distance ) ) ( VP ( VBN flown ) ( PP ( IN by ) ( NP-LGS ( NNP Lufthansa ) ( NNS airplanes ) ) ) ) ) ( VP ( VBD rose ) ( NP-EXT ( CD 5.6 ) ( NN % ) ) ( PP-DIR ( TO to ) ( NP ( QP ( CD 266.2 ) ( CD million ) ) ( NNS kilometers ) ) ) ( PP-DIR ( IN from ) ( ADVP-TMP ( NP ( DT a ) ( NN year ) ) ( RBR earlier ) ) ) ) ) ( NP-SBJ ( DT the ) ( NN company ) ) ( VP ( VBD added ) ) )

From January through September the distance flown by Lufthansa airplanes rose 5.6 % to 266.2 million kilometers from a year earlier the company added


( S ( NP-SBJ ( DT The ) ( NNP Federal ) ( NNP Trade ) ( NNP Commission ) ) ( VP ( VBD ruled ) ( SBAR ( IN that ) ( S ( NP-SBJ-1 ( CD five ) ( JJ major ) ( JJ title-insurance ) ( NNS companies ) ) ( ADVP-MNR ( RB illegally ) ) ( VP ( VBN fixed ) ( NP ( NP ( NNS prices ) ) ( PP ( IN for ) ( NP ( NN title ) ( JJ search-and-examination ) ( NNS services ) ) ) ) ( PP-MNR ( IN by ) ( S-NOM ( VP ( VBG participating ) ( PP-CLR ( IN in ) ( NP ( JJ joint ) ( NN rating ) ( NN bureaus ) ) ) ( PP-LOC ( IN in ) ( NP ( CD six ) ( NNS states ) ) ) ) ) ) ) ) ) ) )

The Federal Trade Commission ruled that five major title-insurance companies illegally fixed prices for title search-and-examination services by participating in joint rating bureaus in six states


( S ( NP-SBJ ( DT The ) ( NNP FTC ) ) ( VP ( VBD ordered ) ( NP-1 ( DT the ) ( NNS companies ) ) ( S ( RB not ) ( VP ( TO to ) ( VP ( VB use ) ( NP ( NN rating ) ( NN bureaus ) ) ( PP-LOC ( IN in ) ( NP ( DT those ) ( CD six ) ( NNS states ) ) ) ) ) ) ) )

The FTC ordered the companies not to use rating bureaus in those six states


( S ( NP-SBJ ( DT The ) ( NN commission ) ( NN order ) ) ( VP ( VBD named ) ( NP ( NP ( DT the ) ( JJ following ) ( NNS companies ) ) ( NP ( NP ( NP ( NP ( NNP Ticor ) ( NNP Title ) ( NNP Insurance ) ( NNP Co. ) ) ( PP ( IN of ) ( NP ( NNP California ) ) ) ) ( NP ( NP ( DT a ) ( NN unit ) ) ( PP ( IN of ) ( NP ( ADJP ( NNP Los ) ( JJ Angeles-based ) ) ( NNP Ticor ) ) ) ) ) ( NP ( NP ( NP ( NNP Chicago ) ( NNP Title ) ( NNP Insurance ) ( NNP Co. ) ) ( CC and ) ( NP ( NNP Safeco ) ( NNP Title ) ( NNP Insurance ) ( NNP Co. ) ) ) ( NP ( NP ( NNS units ) ) ( PP ( IN of ) ( NP ( NNP Chicago ) ( NNP Title ) ( CC & ) ( NNP Trust ) ( NNP Co. ) ) ) ) ) ( NP ( NP ( NNP Lawyers ) ( NNP Title ) ( NNP Insurance ) ( NNP Corp. ) ) ( NP ( NP ( DT a ) ( NN unit ) ) ( PP ( IN of ) ( NP ( ADJP ( NNP Richmond ) ( JJ Va.-based ) ) ( NNP Universal ) ( NNP Corp. ) ) ) ) ) ( CC and ) ( NP ( NP ( NNP Stewart ) ( NNP Title ) ( NNP Guaranty ) ( NNP Co. ) ) ( NP ( NP ( DT a ) ( NN unit ) ) ( PP ( IN of ) ( NP ( JJ Houston-based ) ( NNP Stewart ) ( NNP Information ) ( NNP Services ) ( NNP Corp ) ) ) ) ) ) ) ) )

The commission order named the following companies Ticor Title Insurance Co. of California a unit of Los Angeles-based Ticor Chicago Title Insurance Co. and Safeco Title Insurance Co. units of Chicago Title & Trust Co. Lawyers Title Insurance Corp. a unit of Richmond Va.-based Universal Corp. and Stewart Title Guaranty Co. a unit of Houston-based Stewart Information Services Corp


( S ( NP-SBJ ( NNP Chicago ) ( NNP Title ) ( CC & ) ( NNP Trust ) ) ( VP ( VP ( VBD acquired ) ( NP ( NNP Safeco ) ) ( PP-TMP ( IN in ) ( NP ( CD 1987 ) ) ) ) ( CC and ) ( VP ( VBD changed ) ( NP ( NP ( DT the ) ( NN unit ) ( POS 's ) ) ( NN name ) ) ( PP-CLR ( TO to ) ( NP ( NNP Security ) ( NNP Union ) ( NNP Title ) ( NNP Insurance ) ( NNP Co ) ) ) ) ) )

Chicago Title & Trust acquired Safeco in 1987 and changed the unit 's name to Security Union Title Insurance Co


( S ( NP-SBJ ( DT The ) ( NNP FTC ) ) ( VP ( VBD ruled ) ( SBAR ( IN that ) ( S ( NP-SBJ-1 ( DT the ) ( NNS companies ) ) ( VP ( VBD violated ) ( NP ( JJ federal ) ( JJ antitrust ) ( NN law ) ) ( PP-MNR ( IN by ) ( S-NOM ( VP ( VBG fixing ) ( NP ( NNS rates ) ) ( PP-LOC ( IN in ) ( NP ( NP ( DT the ) ( JJ following ) ( NNS states ) ) ( NP ( NP ( NNP New ) ( NNP Jersey ) ) ( NP ( NNP Pennsylvania ) ) ( NP ( NNP Connecticut ) ) ( NP ( NNP Wisconsin ) ) ( NP ( NNP Arizona ) ) ( CC and ) ( NP ( NNP Montana ) ) ) ) ) ) ) ) ) ) ) ) )

The FTC ruled that the companies violated federal antitrust law by fixing rates in the following states New Jersey Pennsylvania Connecticut Wisconsin Arizona and Montana


( S ( NP-SBJ ( DT The ) ( NNP FTC ) ) ( ADVP-TMP ( RB first ) ) ( VP ( VBD issued ) ( NP ( DT an ) ( JJ administrative ) ( NN complaint ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NN case ) ) ) ( PP-TMP ( IN in ) ( NP ( CD 1985 ) ) ) ) )

The FTC first issued an administrative complaint in the case in 1985


( S ( NP-SBJ ( NP ( NNP John ) ( NNP Christie ) ) ( NP ( NP ( DT a ) ( NN lawyer ) ) ( ADVP-LOC ( RB here ) ) ( PP ( IN for ) ( NP ( DT the ) ( CD two ) ( NNP Chicago ) ( NNP Title ) ( CC & ) ( NNP Trust ) ( NNS units ) ) ) ) ) ( VP ( VBD accused ) ( NP-1 ( DT the ) ( NNP FTC ) ) ( PP-CLR ( IN of ) ( S-NOM ( VP ( NN second-guessing ) ( NP ( NP ( JJ state-level ) ( NNS regulations ) ) ( SBAR ( WHPP-2 ( IN with ) ( WHNP ( WDT which ) ) ) ( PRN ( S ( NP-SBJ ( PRP he ) ) ( VP ( VBD said ) ) ) ) ( S-3 ( NP-SBJ ( PRP$ his ) ( NNS clients ) ) ( VP ( VBD had ) ( VP ( VBN complied ) ) ) ) ) ) ) ) ) ) )

John Christie a lawyer here for the two Chicago Title & Trust units accused the FTC of second-guessing state-level regulations with which he said his clients had complied


( S ( S-TPC-1 ( NP-SBJ ( PRP I ) ) ( VP ( VBP expect ) ( S ( NP-SBJ ( DT all ) ( DT the ) ( NNS companies ) ) ( VP ( TO to ) ( VP ( VB appeal ) ) ) ) ) ) ( NP-SBJ ( PRP he ) ) ( VP ( VBD added ) ) )

I expect all the companies to appeal he added


( S ( NP-SBJ ( NP ( DT A ) ( NN lawyer ) ) ( PP ( IN for ) ( NP ( NNP Lawyers ) ( NNP Title ) ) ) ) ( VP ( VBD said ) ( SBAR ( IN that ) ( S ( SBAR-PRP ( IN because ) ( S ( NP-SBJ ( DT the ) ( VBN named ) ( NNS companies ) ) ( ADVP-TMP ( RB no ) ( RB longer ) ) ( VP ( VBP use ) ( NP ( NP ( DT the ) ( NN type ) ) ( PP ( IN of ) ( NP ( JJ cooperative ) ( NN rating ) ( NN bureaus ) ) ) ( VP ( VBN attacked ) ( PP ( IN by ) ( NP-LGS ( DT the ) ( NNP FTC ) ) ) ) ) ) ) ) ( NP-SBJ ( NP ( DT the ) ( NN commission ) ( POS 's ) ) ( NN order ) ) ( VP ( MD wo ) ( RB n't ) ( VP ( VB have ) ( NP ( JJ much ) ( JJ practical ) ( NN impact ) ) ) ) ) ) ) )

A lawyer for Lawyers Title said that because the named companies no longer use the type of cooperative rating bureaus attacked by the FTC the commission 's order wo n't have much practical impact


( S ( NP-SBJ ( NP ( NNS Officials ) ) ( PP ( IN for ) ( NP ( DT the ) ( JJ other ) ( VBN named ) ( NNS companies ) ) ) ) ( VP ( VBD did ) ( RB n't ) ( VP ( VB return ) ( NP ( NP ( NN telephone ) ( NNS calls ) ) ( VP ( VBG seeking ) ( NP ( NN comment ) ) ) ) ) ) )

Officials for the other named companies did n't return telephone calls seeking comment


( S ( PP-TMP ( IN After ) ( NP ( NP ( NNS years ) ) ( PP ( IN of ) ( S-NOM ( VP ( VBG quarreling ) ( PP-CLR ( IN over ) ( NP ( NP ( NNP Bonn ) ( POS 's ) ) ( NNP Ostpolitik ) ) ) ) ) ) ) ) ( NP-SBJ-1 ( NP ( NNP West ) ( NNP Germany ) ) ( CC and ) ( NP ( DT the ) ( NNP U.S. ) ) ) ( VP ( VBP appear ) ( S ( VP ( TO to ) ( VP ( VB have ) ( VP ( VBN shifted ) ( PP-DIR ( IN onto ) ( NP ( DT a ) ( VBN united ) ( NN course ) ) ) ( PP-LOC ( IN in ) ( NP ( NNP Eastern ) ( NNP Europe ) ) ) ) ) ) ) ) )

After years of quarreling over Bonn 's Ostpolitik West Germany and the U.S. appear to have shifted onto a united course in Eastern Europe


( S ( NP-SBJ-1 ( NNP Bonn ) ( CC and ) ( NNP Washington ) ) ( VP ( VBP have ) ( VP ( VBN taken ) ( NP ( DT a ) ( JJ leading ) ( NN role ) ) ( PP-LOC ( IN in ) ( NP ( NP ( NN aid ) ) ( PP ( IN for ) ( NP ( DT the ) ( NN reformist ) ( NNS countries ) ) ) ) ) ) ( S-ADV ( VP ( VP ( VBG pledging ) ( NP ( NP ( NNS billions ) ) ( PP ( IN of ) ( NP ( NNS dollars ) ) ) ( PP ( IN in ) ( NP ( JJ fresh ) ( NN credit ) ) ) ) ) ( CC and ) ( VP ( JJ forgiving ) ( NP ( JJ old ) ( NN debt ) ) ) ( SBAR-ADV ( IN while ) ( S ( VP ( VBG urging ) ( NP-SBJ-3 ( JJ other ) ( JJ industrial ) ( NNS nations ) ) ( S ( VP ( TO to ) ( VP ( VB follow ) ( NP ( NN suit ) ) ) ) ) ) ) ) ) ) ) )

Bonn and Washington have taken a leading role in aid for the reformist countries pledging billions of dollars in fresh credit and forgiving old debt while urging other industrial nations to follow suit


( S ( NP-SBJ-1 ( DT Both ) ) ( VP ( VBP hope ) ( S ( VP ( TO to ) ( VP ( VB encourage ) ( NP ( NP ( NN pressure ) ) ( PP ( IN for ) ( NP ( NN change ) ) ) ( PP-LOC ( IN in ) ( NP ( NP ( NNP East ) ( NN bloc ) ( NNS countries ) ) ( VP ( ADVP ( RB still ) ) ( VBN ruled ) ( PP ( IN by ) ( NP-LGS ( JJ Stalinist ) ( NNS holdouts ) ) ) ) ) ) ) ( PP-MNR ( IN by ) ( S-NOM ( VP ( VBG arranging ) ( NP ( NP ( NP ( JJ liberal ) ( JJ financial ) ( NN aid ) ) ( CC and ) ( NP ( NN trade ) ( NNS benefits ) ) ) ( PP ( IN for ) ( NP ( NP ( NNP Poland ) ) ( NP ( NNP Hungary ) ) ( CC and ) ( PRN ( PP ( TO to ) ( NP ( DT a ) ( JJR lesser ) ( NN extent ) ) ) ) ( NP ( DT the ) ( NNP Soviet ) ( NNP Union ) ) ) ) ) ) ) ) ) ) ) ) )

Both hope to encourage pressure for change in East bloc countries still ruled by Stalinist holdouts by arranging liberal financial aid and trade benefits for Poland Hungary and to a lesser extent the Soviet Union