Rockwell NNP B International NNP I Corp. NNP I 's POS B Tulsa NNP I unit NN I said VBD O it PRP B signed VBD O a DT B tentative JJ I agreement NN I extending VBG O its PRP$ B contract NN I with IN O Boeing NNP B Co. NNP I to TO O provide VB O structural JJ B parts NNS I for IN O Boeing NNP B 's POS B 747 CD I jetliners NNS I . . O Rockwell NNP B said VBD O the DT B agreement NN I calls VBZ O for IN O it PRP B to TO O supply VB O 200 CD B additional JJ I so-called JJ I shipsets NNS I for IN O the DT B planes NNS I . . O These DT B include VBP O , , O among IN O other JJ B parts NNS I , , O each DT B jetliner NN I 's POS B two CD I major JJ I bulkheads NNS I , , O a DT B pressure NN I floor NN I , , O torque NN B box NN I , , O fixed VBN B leading VBG I edges NNS I for IN O the DT B wings NNS I and CC O an DT B aft JJ I keel NN I beam NN I . . O Under IN O the DT B existing VBG I contract NN I , , O Rockwell NNP B said VBD O , , O it PRP B has VBZ O already RB O delivered VBN O 793 CD B of IN O the DT B shipsets NNS I to TO O Boeing NNP B . . O Rockwell NNP B , , O based VBN O in IN O El NNP B Segundo NNP I , , O Calif. NNP B , , O is VBZ O an DT B aerospace NN I , , I electronics NNS I , , I automotive JJ I and CC I graphics NNS I concern VBP I . . O Frank NNP B Carlucci NNP I III NNP I was VBD O named VBN O to TO O this DT B telecommunications NNS I company NN I 's POS B board NN I , , O filling VBG O the DT B vacancy NN I created VBN O by IN O the DT B death NN I of IN O William NNP B Sobey NNP I last JJ B May NNP I . . O Mr. NNP B Carlucci NNP I , , O 59 CD B years NNS I old JJ O , , O served VBN O as IN O defense NN B secretary NN I in IN O the DT B Reagan NNP I administration NN I . . O In IN O January NNP B , , O he PRP B accepted VBD O the DT B position NN I of IN O vice NN B chairman NN I of IN O Carlyle NNP B Group NNP I , , O a DT B merchant NN I banking NN I concern NN I . . O SHEARSON NNP B LEHMAN NNP I HUTTON NNP I Inc NNP I . . I Thomas NNP B E. NNP I Meador NNP I , , O 42 CD B years NNS I old JJ O , , O was VBD O named VBN O president NN B and CC O chief JJ B operating VBG I officer NN I of IN O Balcor NNP B Co. NNP I , , O a DT B Skokie NNP I , , I Ill. NNP I , , I subsidiary NN I of IN O this DT B New NNP I York NNP I investment NN I banking NN I firm NN I . . O Balcor NNP B , , O which WDT B has VBZ O interests NNS B in IN O real JJ B estate NN I , , O said VBD O the DT B position NN I is VBZ O newly RB O created VBN O . . O Mr. NNP B Meador NNP I had VBD O been VBN O executive JJ B vice NN I president NN I of IN O Balcor NNP B . . O In IN O addition NN B to TO O his PRP$ B previous JJ I real-estate NN I investment NN I and CC I asset-management NN I duties NNS I , , O Mr. NNP B Meador NNP I takes VBZ O responsibility NN B for IN O development NN B and CC O property NN B management NN I . . O Those DT B duties NNS I had VBD O been VBN O held VBN O by IN O Van NNP B Pell NNP I , , O 44 CD B , , O who WP B resigned VBD O as IN O an DT B executive JJ I vice NN I president NN I . . O Shearson NNP B is VBZ O about IN O 60%-held JJ O by IN O American NNP B Express NNP I Co NNP I . . O Great NNP B American NNP I Bank NNP I , , O citing VBG O depressed JJ B Arizona NNP I real JJ I estate NN I prices NNS I , , O posted VBD O a DT B third-quarter JJ I loss NN I of IN O $ $ B 59.4 CD I million CD I , , O or CC O $ $ B 2.48 CD I a DT B share NN I . . O A DT B year NN I earlier RBR O , , O the DT B savings NNS I bank VBP I had VBD O earnings NNS B of IN O $ $ B 8.1 CD I million CD I , , O or CC O 33 CD B cents NNS I a DT B share NN I . . O For IN O the DT B nine CD I months NNS I , , O it PRP B had VBD O a DT B loss NN I of IN O $ $ B 58.3 CD I million CD I , , O or CC O $ $ B 2.44 CD I a DT B share NN I , , O after IN O earnings NNS B of IN O $ $ B 29.5 CD I million CD I , , O or CC O $ $ B 1.20 CD I a DT B share NN I , , O in IN O the DT B 1988 CD I period NN I . . O Great NNP B American NNP I said VBD O it PRP B increased VBD O its PRP$ B loan-loss NN I reserves NNS I by IN O $ $ B 93 CD I million CD I after IN O reviewing VBG O its PRP$ B loan NN I portfolio NN I , , O raising VBG O its PRP$ B total JJ I loan NN I and CC I real JJ I estate NN I reserves NNS I to TO O $ $ B 217 CD I million CD I . . O Before IN O the DT B loan-loss NN I addition NN I , , O it PRP B said VBD O , , O it PRP B had VBD O operating VBG B profit NN I of IN O $ $ B 10 CD I million CD I for IN O the DT B quarter NN I . . O The DT B move NN I followed VBD O a DT B round NN I of IN O similar JJ B increases NNS I by IN O other JJ B lenders NNS I against IN O Arizona NNP B real JJ I estate NN I loans NNS I , , O reflecting VBG O a DT B continuing VBG I decline NN I in IN O that DT B market NN I . . O In IN O addition NN B to TO O the DT B increased VBN I reserve NN I , , O the DT B savings NNS I bank VBP I took VBD O a DT B special JJ I charge NN I of IN O $ $ B 5 NN I million CD I representing VBG O general JJ B and CC I administrative JJ I expenses NNS I from IN O staff NN B reductions NNS I and CC O other JJ B matters NNS I , , O and CC O it PRP B posted VBD O a DT B $ $ I 7.6 CD I million CD I reduction NN I in IN O expected VBN B mortgage NN I servicing NN I fees NNS I , , O reflecting VBG O the DT B fact NN I that IN O more JJR B borrowers NNS I are VBP O prepaying VBG O their PRP$ B mortgages NNS I . . O Arbitragers NNS B were VBD O n't RB O the DT B only RB I big JJ I losers NNS I in IN O the DT B collapse NN I of IN O UAL NNP B Corp. NNP I stock NN I . . O Look VB O at IN O what WP B happened VBD O to TO O UAL NNP B 's POS B chairman NN I , , O Stephen NNP B M. NNP I Wolf NNP I , , O and CC O its PRP$ B chief JJ I financial JJ I officer NN I , , O John NNP B C. NNP I Pope NNP I . . O On IN O a DT B day NN I some DT B United NNP I Airlines NNPS I employees NNS I wanted VBD O Mr. NNP B Wolf NNP I fired VBD O and CC O takeover NN B stock NN I speculators NNS I wanted VBD O his PRP$ B scalp NN I , , O Messrs. NNP B Wolf NNP I and CC I Pope NNP I saw VBD O their PRP$ B prospective JJ I personal JJ I fortunes NNS I continue VBP O to TO O plummet VB O as IN O shares NNS B of IN O UAL NNP B , , O United NNP B 's POS B parent NN I company NN I , , O dived VBD O $ $ B 24.875 CD I on IN O the DT B Big NNP I Board NNP I to TO O close VB O at IN O $ $ B 198 CD I . . O Including VBG O Monday NNP B 's POS B plunge NN I , , O that WDT B has VBZ O given VBN O the DT B two CD I executives NNS I paper NN B losses NNS I of IN O $ $ B 49.5 CD I million CD I , , O based VBN O on IN O what WP B they PRP B would MD O have VB O realized VBN O had VBN O the DT B pilots NNS I and CC I management-led JJ I buy-out NN I of IN O UAL NNP B gone VBN O through IN O at IN O $ $ B 300 CD I a DT B share NN I . . O When WRB O bank NN B financing NN I for IN O the DT B buy-out NN I collapsed VBD O last JJ B week NN I , , O so RB O did VBD O UAL NNP B 's POS B stock NN I . . O Even RB O if IN O the DT B banks NNS I resurrect VBP O a DT B financing NN I package NN I at IN O $ $ B 250 CD I a DT B share NN I , , O the DT B two CD I executives NNS I would MD O still RB O get VB O about RB B $ $ I 25 CD I million CD I less JJR O than IN O they PRP B stood VBD O to TO O gain VB O in IN O the DT B initial JJ I transaction NN I . . O Mr. NNP B Wolf NNP I owns VBZ O 75,000 CD B UAL NNP I shares NNS I and CC O has VBZ O options NNS B to TO O buy VB O another DT B 250,000 CD I at IN O $ $ B 83.3125 CD I each DT B . . O In IN O the DT B $ $ I 300-a-share JJ I buyout NN I , , O that WDT B totaled VBD O about RB B $ $ I 76.7 CD I million CD I . . O By IN O yesterday NN B 's POS B close NN I of IN O trading NN B , , O it PRP B was VBD O good JJ O for IN O a DT B paltry JJ I $ $ I 43.5 CD I million CD I . . O Of IN O course NN B , , O Mr. NNP B Wolf NNP I , , O 48 CD B years NNS I old JJ O , , O has VBZ O some DT B savings NNS I . . O He PRP B left VBD O his PRP$ B last JJ I two CD I jobs NNS I at IN O Republic NNP B Airlines NNPS I and CC O Flying NNP B Tiger NNP I with IN O combined VBN B stock-option NN I gains NNS I of IN O about RB B $ $ I 22 CD I million CD I , , O and CC O UAL NNP B gave VBD O him PRP B a DT B $ $ I 15 CD I million CD I bonus NN I when WRB O it PRP B hired VBD O him PRP B . . O His PRP$ B 1988 CD I salary NN I was VBD O $ $ B 575,000 CD I , , O with IN O a DT B $ $ I 575,000 CD I bonus NN I . . O The DT B 40-year JJ I old JJ I Mr. NNP I Pope NNP I has VBZ O n't RB O changed VBN O jobs NNS B enough RB O -- : O at IN B least JJS I the DT I right NN I ones NNS I -- : O to TO O stash VB O away RB O that DT B kind NN I of IN O money NN B . . O United NNP B paid VBD O him PRP B a DT B $ $ I 375,000 CD I bonus NN I to TO O lure VB O him PRP B away RB O from IN O American NNP B Airlines NNPS I , , O and CC O he PRP B was VBD O paid VBN O a DT B salary NN I of IN O $ $ B 342,122 CD I last JJ B year NN I with IN O a DT B $ $ I 280,000 CD I bonus NN I . . O Mr. NNP B Pope NNP I owns VBZ O 10,000 CD B UAL NNP I shares NNS I and CC O has VBZ O options NNS B to TO O buy VB O another DT B 150,000 CD I at IN O $ $ B 69 CD I each DT B . . O That DT B came VBD O to TO O a DT B combined VBN I $ $ I 37.7 CD I million CD I under IN O the DT B $ $ I 300-a-share JJ I buy-out NN I , , O but CC O just RB B $ $ I 21.3 CD I million CD I at IN O yesterday NN B 's POS B close NN I . . O Of IN O the DT B combined VBN I $ $ I 114.4 CD I million CD I the DT B two CD I men NNS I were VBD O scheduled VBN O to TO O reap VB O under IN O the DT B buy-out NN I , , O they PRP B agreed VBD O to TO O invest VB O in IN O the DT B buy-out NN I just RB B $ $ I 15 CD I million CD I , , O angering VBG O many NN B of IN O the DT B thousands NNS I of IN O workers NNS B asked VBD O to TO O make VB O pay NN B concessions NNS I so RB O the DT B buy-out NN I would MD O be VB O a DT B success NN I . . O United NNP B 's POS B directors NNS I voted VBD O themselves PRP B , , O and CC O their PRP$ B spouses NNS I , , O lifetime NN B access NN I to TO O the DT B Friendly NNP I Skies NNPS I -- : O free JJ B first-class JJ I travel NN I , , O and CC O $ $ B 20,000 CD I a DT B year NN I for IN O life NN B as IN O well RB O . . O Conceivably RB O , , O in IN O a DT B scaled-back JJ I buy-out NN I , , O they PRP B could MD O be VB O bumped VBN O back RB O to TO O coach NN B seats NNS I for IN O life NN B . . O Thomas NNP B H. NNP I Johnson NNP I , , O president NN B of IN O the DT B Coatedboard NNP I division NN I of IN O Mead NNP B Corp. NNP I , , O was VBD O named VBN O president NN B of IN O Manville NNP B Forest NNP I Products NNP I Corp. NNP I , , O a DT B Manville NNP I unit NN I , , O and CC O senior JJ B vice NN I president NN I of IN O Manville NNP B Corp NNP I . . O Mr. NNP B Johnson NNP I succeeds VBZ O Harry NNP B W. NNP I Sherman NNP I , , O who WP B resigned VBD O to TO O pursue VB O other JJ B interests NNS I , , O in IN O both DT B positions NNS I . . O Manville NNP B is VBZ O a DT B building NN I and CC I forest NN I products NNS I concern VBP I . . O US PRP B Facilities NNP I Corp. NNP I said VBD O Robert NNP B J. NNP I Percival NNP I agreed VBD O to TO O step VB O down RB O as IN O vice NN B chairman NN I of IN O the DT B insurance NN I holding VBG I company NN I . . O `` `` O There EX B was VBD O a DT B difference NN I of IN O opinion NN B as IN O to TO O the DT B future NN I direction NN I of IN O the DT B company NN I , , O '' '' O a DT B spokeswoman NN I said VBD O . . O Mr. NNP B Percival NNP I declined VBD O to TO O comment VB O . . O In IN O a DT B statement NN I , , O US PRP B Facilities NNPS I said VBD O Mr. NNP B Percival NNP I 's POS B employment NN I contract NN I calls VBZ O for IN O him PRP B to TO O act VB O as IN O a DT B consultant NN I to TO O the DT B company NN I for IN O two CD B years NNS I . . O He PRP B will MD O also RB O remain VB O a DT B director NN I , , O US PRP B Facilities NNPS I said VBD O , , O but CC O wo MD O n't RB O serve VB O on IN O any DT B board NN I committees NNS I . . O Mr. NNP B Percival NNP I will MD O be VB O succeeded VBN O on IN O an DT B interim JJ I basis NN I by IN O George NNP B Kadonada NNP I , , O US PRP B Facilities NNPS I chairman NN I and CC I president NN I . . O In IN O the DT B same JJ I statement NN I , , O US PRP B Facilities NNPS I also RB O said VBD O it PRP B had VBD O bought VBN O back RB O 112,000 CD B of IN O its PRP$ B common JJ I shares NNS I in IN O a DT B private JJ I transaction NN I . . O Terms NNS B were VBD O n't RB O disclosed VBN O . . O The DT B buy-back NN I represents VBZ O about IN B 3 CD I % NN I of IN O the DT B company NN I 's POS B shares NNS I , , O based VBN O on IN O the DT B 3.7 CD I million CD I shares NNS I outstanding JJ O as IN O of IN O Sept. NNP B 30 CD I . . O In IN O national JJ B over-the-counter JJ I trading NN I yesterday NN B , , O US PRP B Facilities NNPS I closed VBD O at IN O $ $ B 3.625 CD I , , O unchanged JJ O . . O Three CD B leading VBG I drug NN I companies NNS I reported VBD O robust JJ B third-quarter JJ I earnings NNS I , , O bolstered VBN O by IN O strong JJ B sales NNS I of IN O newer JJR B , , I big-selling JJ I prescriptions NNS I drugs NNS I that WDT B provide VBP O hefty JJ B profit NN I margins NNS I . . O Merck NNP B & CC I Co. NNP I reported VBD O a DT B 25 CD I % NN I increase NN I in IN O earnings NNS B ; : O Warner-Lambert NNP B Co. NNP I 's POS B profit NN I rose VBD O 22 CD B % NN I and CC O Eli NNP B Lilly NNP I & CC I Co. NNP I 's POS B net JJ I income NN I rose VBD O 24 CD B % NN I . . O The DT B results NNS I were VBD O in IN O line NN B with IN O analysts NNS B ' POS B expectations NNS I . . O Merck NNP B & CC I Co NNP I . . I Merck NNP B , , O Rahway NNP B , , O N.J. NNP B , , O continued VBD O to TO O lead VB O the DT B industry NN I with IN O a DT B strong JJ I sales NNS I performance NN I in IN O the DT B human NN I and CC I animal NN I health-products NNS I segment VBP I . . O A DT B stronger JJR I U.S. NNP I dollar NN I reduced VBD O third-quarter JJ B and CC I first-nine-month JJ I sales NNS I growth NN I 2 CD B % NN I and CC I 3 CD I % NN I , , O respectively RB O . . O International JJ B sales NNS I accounted VBD O for IN O 47 CD B % NN I of IN O total JJ B company NN I sales NNS I for IN O the DT B nine CD I months NNS I , , O compared VBN O with IN O 50 CD B % NN I a DT B year NN I earlier RBR O . . O Sales NNS B for IN O the DT B quarter NN I rose VBD O to TO O $ $ B 1.63 CD I billion CD I from IN O $ $ B 1.47 CD I billion CD I . . O Mevacor NNP B , , O Merck NNP B 's POS B new JJ I cholesterol-lowering JJ I drug NN I , , O had VBD O higher JJR B vsales NNS I than IN O any DT B other JJ I prescription NN I medicine NN I has VBZ O ever RB O achieved VBN O in IN O the DT B U.S. NNP I in IN O the DT B year NN I following VBG O introduction NN B , , O the DT B company NN I said VBD O . . O The DT B drug NN I was VBD O introduced VBN O in IN O West NNP B Germany NNP I this DT B year NN I . . O Intense JJ B competition NN I , , O however RB O , , O led VBN O to TO O unit NN B sales NNS I declines NNS I for IN O a DT B group NN I of IN O Merck NNP B 's POS B established VBN I human NN I and CC I animal-health NN I products NNS I , , O including VBG O Aldomet NNP B and CC I Indocin NNP I . . O In IN O New NNP B York NNP I Stock NNP I Exchange NNP I composite JJ I trading NN I yesterday NN B , , O Merck NNP B shares NNS I closed VBD O at IN O $ $ B 75.25 CD I , , O up IN O 50 CD B cents NNS I . . O Warner-Lambert NNP B Co NNP I . . I Warner-Lambert NNP B , , O Morris NNP B Plains NNP I , , O N.J. NNP B , , O reported VBD O sales NNS B that WDT B were VBD O a DT B record NN I for IN O any DT B quarter NN I and CC O the DT B eighth JJ I quarter NN I in IN O a DT B row NN I of IN O 20 CD B % NN I or CC I more RBR I per-share JJ I earnings NNS I growth NN I . . O Spurred VBN O by IN O growth NN B in IN O world-wide JJ B sales NNS I of IN O the DT B company NN I 's POS B prescription NN I drugs NNS I , , O Warner-Lambert NNP B said VBD O 1989 CD B will MD O be VB O the DT B best JJS I year NN I in IN O its PRP$ B history NN I , , O with IN O per-share JJ B earnings NNS I expected VBN O to TO O increase VB O more JJR B than IN I 20 CD I % NN I to TO O about RB B $ $ I 6.10 CD I . . O Sales NNS B for IN O the DT B quarter NN I rose VBD O to TO O $ $ B 1.11 CD I billion CD I from IN O $ $ B 1.03 CD I billion CD I . . O Prescription-drug NN B world-wide JJ I sales NNS I rose VBD O 9 CD B % NN I in IN O the DT B quarter NN I to TO O $ $ B 340 CD I million CD I ; : O U.S. NNP B sales NNS I rose VBD O 15 CD B % NN I . . O The DT B segment NN I 's POS B growth NN I was VBD O led VBN O by IN O sales NNS B of IN O the DT B cardiovascular JJ I drugs NNS I Lopid NNP B , , O a DT B lipid NN I regulator NN I , , O and CC O Dilzem NNP B , , O a DT B calcium NN I channel NN I blocker NN I . . O World-wide JJ B sales NNS I of IN O Warner-Lambert NNP B 's POS B non-prescription JJ I health-care NN I products NNS I , , O such JJ O as IN O Halls NNP B cough NN I tablets NNS I , , O Rolaids NNP B antacid NN I , , O and CC O Lubriderm NNP B skin NN I lotion NN I , , O increased VBN O 3 CD B % NN I to TO O $ $ B 362 CD I million CD I in IN O the DT B third JJ I quarter NN I ; : O U.S. NNP B sales NNS I rose VBD O 5 NN B % NN I . . O Confectionery JJ B products NNS I sales NNS I also RB O had VBD O strong JJ B growth NN I in IN O the DT B quarter NN I . . O World-wide JJ B sales NNS I of IN O Trident NNP B gum NN I , , O Certs NNP B breath NN I mints NNS I , , O and CC O Clorets NNP B gum NN I and CC I breath NN I mints NNS I , , O increased VBN O 12 CD B % NN I to TO O $ $ B 277 CD I million CD I . . O Warner-Lambert NNP B shares NNS I closed VBD O at IN O $ $ B 109.50 CD I a DT B share NN I , , O up IN O $ $ B 1.50 CD I , , O in IN O Big NNP B Board NNP I composite JJ I trading NN I yesterday NN B . . O Eli NNP B Lilly NNP I & CC I Co NNP I . . I Lilly NNP B attributed VBD O record NN B third-quarter JJ I and CC I nine-month JJ I results NNS I to TO O world-wide JJ B gains NNS I for IN O pharmaceuticals NNS B , , O medical JJ B instruments NNS I and CC O plant-science NN B products NNS I despite IN O poor JJ B exchange NN I rates NNS I for IN O the DT B dollar NN I that WDT B slowed VBD O sales NNS B abroad RB O . . O Earnings NNS B continued VBD O to TO O pace VB O sales NNS B because IN O of IN O a DT B lower JJR I tax NN I rate NN I , , O profit NN B from IN O the DT B renegotiation NN I of IN O the DT B debt NN I instrument NN I received VBD O from IN O Faberge NNP B Inc. NNP I in IN O connection NN B with IN O Lilly NNP B 's POS B sale NN I of IN O Elizabeth NNP B Arden NNP I Inc. NNP I in IN O 1987 CD B , , O and CC O net JJ B proceeds NNS I from IN O the DT B settlement NN I of IN O patent NN B litigation NN I at IN O Lilly NNP B 's POS B Hybritech NNP I Inc. NNP I unit NN I . . O Third-quarter JJ B sales NNS I of IN O the DT B Indianapolis NNP I , , I Ind. NNP I , , I company NN I rose VBD O 11 CD B % NN I to TO O $ $ B 1.045 CD I billion CD I from IN O $ $ B 940.6 CD I million CD I . . O Nine-month JJ B sales NNS I grew VBD O 12 CD B % NN I to TO O $ $ B 3.39 CD I billion CD I from IN O $ $ B 3.03 CD I billion CD I a DT B year NN I earlier RBR O . . O Sales NNS B of IN O Prozac NNP B , , O an DT B anti-depressant NN I , , O led VBN O drug-sales NNS B increases NNS I . . O Higher JJR B sales NNS I of IN O pesticides NNS B and CC O other JJ B plant-science NN I products NNS I more JJR O than IN O offset VB O a DT B slight JJ I decline NN I in IN O the DT B sales NNS I of IN O animal-health NN B products NNS I to TO O fuel VB O the DT B increase NN I in IN O world-wide JJ B agricultural JJ I product NN I sales NNS I , , O Lilly NNP B said VBD O . . O Advanced NNP B Cardiovascular NNP I Systems NNP I Inc. NNP I and CC O Cardiac NNP B Pacemakers NNPS I Inc. NNP I units NNS I led VBD O growth NN B in IN O the DT B medical-instrument JJ I systems NNS I division NN I . . O Lilly NNP B shares NNS I closed VBD O yesterday NN B in IN O composite JJ B trading NN I on IN O the DT B Big NNP I Board NNP I at IN O $ $ B 62.25 CD I , , O down RB O 12.5 CD B cents NNS I . . O Reuben NNP B Mark NNP I , , O chairman NN B of IN O Colgate-Palmolive NNP B Co. NNP I , , O said VBD O he PRP B is VBZ O `` `` O comfortable JJ O '' '' O with IN O analysts NNS B ' POS B estimates NNS I that IN O third-quarter JJ B earnings NNS I rose VBD O to TO O between IN B 95 CD I cents NNS I and CC I $ $ I 1.05 CD I a DT B share NN I . . O That DT B compares VBZ O with IN O per-share JJ B earnings NNS I from IN O continuing VBG B operations NNS I of IN O 69 CD B cents NNS I the DT B year NN I earlier RBR O ; : O including VBG O discontinued VBN B operations NNS I , , O per-share NN B was VBD O 88 CD B cents NNS I a DT B year NN I ago RB O . . O The DT B per-share JJ I estimates NNS I mean VBP O the DT B consumer-products NNS I company NN I 's POS B net JJ I income NN I , , O increased VBN O to TO O between IN B $ $ I 69.5 CD I million CD I and CC I $ $ I 76 CD I million CD I , , O from IN O $ $ B 47.1 CD I million CD I the DT B year-before JJ I period NN I . . O Analysts NNS B estimate VBP O Colgate NNP B 's POS B world-wide JJ I third-quarter JJ I sales NNS I rose VBD O about IN B 8 CD I % NN I to TO O $ $ B 1.29 CD I billion CD I . . O Mr. NNP B Mark NNP I attributed VBD O the DT B earnings NNS I growth NN I to TO O strong JJ B sales NNS I in IN O Latin NNP B America NNP I , , O Asia NNP B and CC O Europe NNP B . . O Results NNS B were VBD O also RB O bolstered VBN O by IN O `` `` B a DT I very RB I meaningful JJ I '' '' I increase NN I in IN O operating VBG B profit NN I by IN O Colgate NNP B 's POS B U.S. NNP I business NN I , , O Mr. NNP B Mark NNP I said VBD O . . O Operating NN B profit NN I at IN O Colgate NNP B 's POS B U.S. NNP I household NN I products NNS I and CC I personal-care JJ I businesses NNS I jumped VBD O 25 CD B % NN I in IN O the DT B quarter NN I , , O Mr. NNP B Mark NNP I added VBD O . . O He PRP B said VBD O the DT B improvement NN I was VBD O a DT B result NN I of IN O cost NN B savings NNS I achieved VBN O by IN O consolidating VBG O manufacturing NN O operations NNS B , , O blending VBG O two CD B sales NNS I organizations NNS I and CC O focusing VBG O more RBR O carefully RB O the DT B company NN I 's POS B promotional JJ I activities NNS I . . O The DT B estimated VBN I improvement NN I in IN O Colgate NNP B 's POS B U.S. NNP I operations NNS I took VBD O some DT B analysts NNS I by IN O surprise NN B . . O Colgate NNP B 's POS B household NN I products NNS I business NN I , , O which WDT B includes VBZ O such JJ B brands NNS I as IN O Fab NNP B laundry NN I detergent NN I and CC O Ajax NNP B cleanser NN I , , O has VBZ O been VBN O a DT B weak JJ I performer NN I . . O Analysts NNS B estimate VBP O Colgate NNP B 's POS B sales NNS I of IN O household NN B products NNS I in IN O the DT B U.S. NNP I were VBD O flat JJ O for IN O the DT B quarter NN I , , O and CC O they PRP B estimated VBD O operating VBG B margins NNS I at IN O only RB B 1 CD I % NN I to TO I 3 CD I % NN I . . O `` `` O If IN O you PRP B could MD O say VB O their PRP$ B business NN I in IN O the DT B U.S. NNP I was VBD O mediocre JJ O , , O but CC O great JJ O everywhere RB O else RB O , , O that WDT B would MD O be VB O fine JJ O , , O '' '' O says VBZ O Bonita NNP B Austin NNP I , , O an DT B analyst NN I with IN O Wertheim NNP B Schroder NNP I & CC I Co NNP I . . O `` `` O But CC O it PRP B 's VBZ O not RB O mediocre JJ O , , O it PRP B 's VBZ O a DT B real JJ I problem NN I . . O '' '' O Mr. NNP B Mark NNP I conceded VBD O that IN O Colgate NNP B 's POS B domestic JJ I business NN I , , O apart RB O from IN O its PRP$ O highly RB O profitable JJ O Hill NNP B 's POS I Pet NNP O Products NNPS O unit NN O , , O has VBZ O lagged VBN O . . O `` `` O We PRP B 've VBP O done VBN O a DT B lot NN I to TO O improve VB O -LCB- ( B U.S. NNP I . . I -RCB- ) I results NNS I , , O and CC O a DT B lot NN I more JJR I will MD O be VB O done VBN O , , O '' '' O Mr. NNP B Mark NNP I said VBD O . . O `` `` O Improving VBG O profitability NN B of IN O U.S. NNP B operations NNS I is VBZ O an DT B extremely RB I high JJ I priority NN I in IN O the DT B company NN I . . O '' '' O To TO O focus VB O on IN O its PRP$ B global JJ I consumer-products NNS I business NN I , , O Colgate NNP B sold VBD O its PRP$ B Kendall NNP I health-care NN I business NN I in IN O 1988 CD B . . O H. NNP B Anthony NNP I Ittleson NNP I was VBD O elected VBN O a DT B director NN I of IN O this DT B company NN I , , O which WDT B primarily RB O has VBZ O interests NNS B in IN O radio NN B and CC I television NN I stations NNS I , , O increasing VBG O the DT B number NN I of IN O seats NNS B to TO O five CD B . . O Osborn NNP B also RB O operates VBZ O Muzak NNP B franchises NNS I , , O entertainment NN B properties NNS I and CC O small JJ B cable-television NN I systems NNS I . . O Mr. NNP B Ittleson NNP I is VBZ O executive NN B , , O special JJ B projects NNS I , , O at IN O CIT NNP B Group NNP I Holdings NNP I Inc. NNP I , , O which WDT B is VBZ O controlled VBN O by IN O Manufacturers NNP B Hanover NNP I Corp NNP I . . O The DT B Boston NNP I Globe NNP I says VBZ O its PRP$ B newly RB I redesigned VBN I pages NNS I have VBP O a DT B `` `` I crisper NN I '' '' I look VB I with IN O revamped VBN B fixtures NNS I aimed VBN O at IN O making VBG O the DT B paper NN I `` `` O more RBR O consistent JJ O '' '' O and CC O `` `` O easier JJR O to TO O read VB O . . O '' '' O Maybe RB O so RB O -- : O if IN O you PRP B can MD O find VB O where WRB O your PRP$ B favorite JJ I writer NN I went VBD O . . O Beantown NNP B scribes NNS I , , O who WP B spare VB O no DT B invective NN I when WRB O taking VBG O on IN O local JJ B luminaries NNS I such JJ O as IN O Michael NNP B `` `` I Pee NNP I Wee NNP I '' '' I Dukakis NNP I , , O or CC O New NNP B England NNP I Patriots NNPS I Coach NNP I Raymond NNP I `` `` I Rev. NNP I Ray NNP I '' '' I Berry NNP I , , O yesterday NN B poured VBD O ridicule NN B on IN O new JJ B drawings NNS I of IN O Globe NNP B columnists NNS I that WDT B replaced VBD O old JJ B photos NNS I in IN O the DT B revamped VBN I pages NNS I this DT B week NN I . . O By IN O late JJ B last JJ I night NN I , , O Globe NNP O Managing NNP O Editor NNP O Thomas NNP B Mulvoy NNP I , , O bending VBG O to TO O the DT B will MD I of IN O his PRP$ B troops NNS I , , O scrapped VBD O the DT B new JJ I drawings NNS I . . O For IN O a DT B few JJ I days NNS I at IN O least JJS O , , O he PRP B says VBZ O , , O no DT B pictures NNS I or CC I drawings NNS I of IN O any DT B kind NN I will MD O adorn VB O the DT B columns NNS I . . O Trouble NN B was VBD O , , O nobody NN B thought VBD O they PRP B looked VBD O right NN O . . O Globe NNP B columnist NN I Mike NNP I Barnicle NNP I -- : O in IN O the DT B second JJ I attack NN I on IN O his PRP$ B employer NN I in IN O as IN B many JJ I weeks NNS I -- : O averred VBD O that IN O his PRP$ B shadowy JJ I countenance NN I was VBD O so RB O bad JJ O , , O it PRP B looked VBD O `` `` O like IN O a DT B face NN I you PRP B 'd MD O find VB O on IN O a DT B bottle NN I of IN O miracle NN B elixir NN I that WDT B promises VBZ O to TO O do VB O away RB O with IN O diarrhea NN B in IN O our PRP$ B lifetime NN I . . O '' '' O Mr. NNP B Barnicle NNP I reminded VBD O readers NNS B that IN O he PRP B still RB O has VBZ O n't RB O forgiven VBN O Globe NNP B management NN I for IN O questioning VBG O a DT B $ $ I 20 CD I expense NN I chit NN I he PRP B submitted VBD O for IN O parking VBG O his PRP$ B car NN I while IN O chasing VBG O a DT B story NN I . . O `` `` O I PRP B thought VBD O -LCB- ( O the DT B drawing VBG I -RCB- ) O a DT B cross NN I between IN O someone NN B you PRP B 'd MD O spot VB O whipping VBG O open JJ O his PRP$ B trench NN I coat NN I ... : O or CC O a DT B guy NN I who WP B boasted VBD O he PRP B 'd MD O been VBN O Charles NNP B Manson NNP I 's POS B roommate NN I for IN O the DT B last JJ I 19 CD I years NNS I , , O '' '' O he PRP B said VBD O . . O Mr. NNP B Barnicle NNP I was VBD O hardly RB O kinder JJR O to TO O the DT B renderings NNS I of IN O colleagues NNS B Michael NNP B Madden NNP I -LRB- ( O `` `` O appears VBZ O to TO O be VB O a DT B pervert NN I '' '' O -RRB- ) O , , O Will MD B McDonough NNP I -LRB- ( O `` `` O looks VBZ O as IN O if IN O he PRP B drove VBD O for IN O Abe NNP B Lincoln NNP I '' '' O -RRB- ) O or CC O Bella NNP B English NNP I , , O whose WP$ B `` `` I little JJ I girl NN I now RB O screams VBZ O hysterically RB O every DT B time NN I she PRP B sees VBZ O a DT B newspaper NN I . . O '' '' O Lynn NNP B Staley NNP I , , O the DT B Globe NNP I 's POS B assistant NN I managing VBG I editor NN I for IN O design NN B , , O acknowledges VBZ O that IN O the DT B visages NNS I were VBD O `` `` O on IN O the DT B low JJ I end NN I of IN O the DT B likeness NN I spectrum NN I . . O '' '' O Rival NNP B Boston NNP I Herald NNP I columnist NN I Howie NNP I Carr NNP I , , O who WP B usually RB O rails VBZ O at IN O Statehouse NN B `` `` I hacks NNS I '' '' I and CC I nepotism NN I , , O argued VBD O that IN O the DT B new JJ I drawings NNS I were VBD O designed VBN O to TO O hide VB O Mr. NNP B Madden NNP I 's POS B `` `` I rapidly RB I growing VBG I forehead NN I '' '' I and CC O the DT B facial JJ I defects NNS I of IN O `` `` B chinless JJ I '' '' I Dan NNP I Shaughnessy NNP I , , O a DT B Globe NNP I sports NNS I columnist NN I . . O `` `` O But CC O think VBP O of IN O the DT B money NN I you PRP B , , O the DT B reader NN I , , O will MD O save VB O on IN O Halloween NNP B , , O '' '' O said VBD O Mr. NNP B Barnicle NNP I . . O `` `` O Instead RB O of IN O buying VBG O masks NNS B for IN O your PRP$ B kids NNS I , , O just RB O cut VB O out RP O the IN B columnists NNS I ' POS B pictures NNS I ... : O . . O Deeply RB O ingrained JJ O in IN O both DT O the DT B book NN I review NN I `` `` I Kissing VBG O Nature NNP B Good-bye UH B '' '' O by IN O Stephen NNP B MacDonald NNP I -LRB- ( O Leisure NNP B & CC I Arts NNP I , , O Sept. NNP B 27 CD I -RRB- ) O and CC O the DT B books NNS I reviewed VBN O is VBZ O the DT B assumption NN I that IN O global JJ B warming NN I is VBZ O entirely RB O a DT B result NN I of IN O human JJ B activity NN I . . O Is VBZ O such JJ B a DT I view NN I justified VBN O ? . O In IN O the DT B absence NN I of IN O humans NNS B , , O would MD O the DT B Earth NNP I enjoy VB O a DT B constant JJ I climate NN I over IN O the DT B long JJ I term NN I ? . O Clearly RB O not RB O . . O About IN B 20,000 CD I years NNS I ago RB O the DT B last JJ I ice NN I age NN I ended VBD O . . O Enormous JJ B ice NN I sheets NNS I retreated VBD O from IN O the DT B face NN I of IN O North NNP B America NNP I , , O northern JJ B Europe NNP I and CC O Asia NNP B . . O This DT B global JJ I warming NN I must MD O have VB O been VBN O entirely RB O natural JJ O -- : O nobody NN B would MD O blame VB O it PRP B on IN O a DT B few JJ I hundred CD I thousand CD I hunter-gatherers NNS I hunting NN O mammoths NNS B and CC O scratching VBG O around IN O in IN O caves NNS B . . O Furthermore RB O , , O no DT B bell NN I has VBZ O yet RB O rung VBN O to TO O announce VB O the DT B end NN I of IN O this DT B immense JJ I episode NN I of IN O natural JJ B global JJ I warming NN I . . O It PRP B is VBZ O probably RB O continuing VBG O and CC O may MD O well RB O account VB O for IN O most RBS B of IN O , , O or CC O all DT B of IN O , , O present-day JJ B global JJ I warming NN I . . O I PRP B bow VBP O to TO O no DT B one CD I in IN O my PRP$ B regard NN I for IN O our PRP$ B terrestrial JJ I heritage NN I , , O but CC O if IN O we PRP B are VBP O serious JJ O about IN O global JJ B warming NN I we PRP B must MD O look VB O at IN O the DT B big JJ I picture NN I and CC O not RB O allow VB O the DT B Dominant NNP I Culture NNP I to TO O lock VB O us PRP B into IN O the DT B capitalist-exploiters-greedy-American-consumers-global JJ I - : I warming NN I scenario NN I as IN O the DT B sole JJ I model NN I for IN O discussion NN B . . O Jocelyn NNP B Tomkin NNP I Astronomy NNP B Department NNP I University NNP B of IN O The DT B Internal NNP I Revenue NNP I Service NNP I plans VBZ O to TO O restructure VB O itself PRP B more JJR O like IN O a DT B private JJ I corporation NN I . . O In IN O addition NN B , , O the DT B tax-collecting JJ I agency NN I says VBZ O that IN O it PRP B will MD O take VB O the DT B unusual JJ I step NN I of IN O looking VBG O to TO O the DT B private JJ I sector NN I to TO O fill VB O two CD B new JJ I high-level JJ I positions NNS I to TO O guide VB O the DT B 120,000-employee JJ I agency NN I : : O a DT B comptroller NN I to TO O oversee VB O daily JJ B finances NNS I and CC O a DT B chief JJ I information NN I officer NN I to TO O update VB O the DT B information NN I system NN I , , O which WDT B includes VBZ O probably RB B the DT I largest JJS I computer NN I data NNS I base VBP I in IN O the DT B world NN I . . O The DT B IRS NNP I also RB O said VBD O that IN O it PRP B would MD O create VB O the DT B position NN I of IN O chief JJ B financial JJ I officer NN I , , O who WP B will MD O be VB O hired VBN O from IN O within IN O the DT B agency NN I . . O IRS NNP B Commissioner NNP I Fred NNP I T. NNP I Goldberg NNP I said VBD O the DT B changes NNS I are VBP O intended VBN O to TO O bring VB O `` `` O accountability NN B '' '' O to TO O the DT B agency NN I , , O which WDT B has VBZ O an DT B annual JJ I budget NN I of IN O more JJR B than IN I $ $ I 5 NN I billion CD I and CC O collects VBZ O about RB B $ $ I 1 CD I trillion CD I a DT B year NN I . . O `` `` O My PRP$ B assessment NN I and CC O everyone NN B 's POS B assessment NN I is VBZ O that IN O we PRP B do VBP O not RB O have VB O the DT B kinds NNS I of IN O information NN B that WDT B let VBP O us PRP B responsibly RB O and CC O effectively RB O formulate VB O and CC O execute VB O our PRP$ B budget NN I , , O '' '' O Mr. NNP B Goldberg NNP I said VBD O . . O `` `` O And CC O we PRP B do VBP O n't RB O have VB O internal JJ B controls NNS I and CC I discipline NN I that IN B we PRP B need VBP O to TO O have VB O to TO O spend VB O $ $ B 5 NN I billion CD I properly RB O . . O '' '' O Mr. NNP B Goldberg NNP I , , O who WP B took VBD O over IN O as IN O head NN B of IN O the DT B IRS NNP I in IN O July NNP B , , O has VBZ O been VBN O disturbed VBN O by IN O what WP B he PRP B considers VBZ O the DT B inefficiency NN I , , I waste NN I and CC I lack NN I of IN O coordination NN B among IN O the DT B branches NNS I of IN O the DT B vast JJ I federal JJ I agency NN I . . O The DT B IRS NNP I operates VBZ O on IN O a DT B computer NN I system NN I designed VBN O in IN O 1961 CD B , , O which WDT B it PRP B has VBZ O been VBN O trying VBG O to TO O modernize VB O for IN O years NNS B . . O And CC O the DT B agency NN I , , O which WDT B operated VBD O throughout IN O fiscal JJ B 1989 CD I with IN O a DT B $ $ I 360 CD I million CD I budget NN I shortfall NN I , , O has VBZ O been VBN O under IN O a DT B hiring VBG I freeze NN I since IN O last JJ B fall NN I . . O The DT B new JJ I commissioner NN I says VBZ O that IN O closer JJR B scrutiny NN I of IN O how WRB O the DT B agency NN I uses VBZ O its PRP$ B resources NNS I will MD O go VB O a DT B long JJ I way NN I toward IN O enhancing VBG O its PRP$ B ability NN I to TO O collect VB O more JJR B tax NN I revenue NN I . . O `` `` O I PRP B think VBP O that IN O you PRP B will MD O see VB O a DT B significant JJ I improvement NN I in IN O the DT B budget NN I formulation NN I and CC I execution NN I process NN I which WDT B , , O in IN O turn NN B , , O I PRP B believe VBP O will MD O result VB O in IN O a DT B significant JJ I increase NN I in IN O revenue NN B , , O '' '' O he PRP B said VBD O . . O The DT B IRS NNP I hopes VBZ O to TO O fill VB O the DT B new JJ I positions NNS I soon RB O . . O Customarily RB O , , O it PRP B would MD O appoint VB O career NN B civil JJ I servants NNS I from IN O within IN O the DT B agency NN I , , O but CC O Mr. NNP B Goldberg NNP I said VBD O he PRP B plans VBZ O to TO O `` `` O scour VBP O the DT B world NN I '' '' O for IN O the DT B chief JJ I information NN I officer NN I and CC O the DT B comptroller NN I . . O Although IN O the DT B jobs NNS I will MD O probably RB O pay VB O between IN B $ $ I 70,000 CD I and CC I $ $ I 80,000 CD I a DT B year NN I , , O IRS NNP B officials NNS I are VBP O confident JJ O that IN O they PRP B can MD O attract VB O top-notch JJ B candidates NNS I from IN O the DT B private JJ I sector NN I . . O `` `` O You PRP B 're VBP O telling VBG O someone NN B they PRP B can MD O spend VB O the DT B next JJ I three CD I or CC I four CD I or CC I five CD I or CC I six CD I years NNS I of IN O their PRP$ B life NN I bringing VBG O about IN O the DT B most RBS I difficult JJ I and CC I costly JJ I modernization NN I of IN O an DT B information NN I system NN I on IN O the DT B civil JJ I side NN I ever RB O , , O '' '' O Mr. NNP B Goldberg NNP I said VBD O . . O `` `` O On IN O the DT B comptroller NN I side NN I , , O you PRP B 're VBP O developing VBG O and CC O making VBG O work NN O financial JJ B controls NNS I governing VBG O a DT B $ $ I 6 CD I billion CD I budget NN I . . O When WRB O Maj. NNP B Moises NNP I Giroldi NNP I , , O the DT B leader NN I of IN O the DT B abortive JJ I coup NN I in IN O Panama NNP B , , O was VBD O buried VBN O , , O his PRP$ B body NN I bore VBD O several JJ B gunshot NN I wounds NNS I , , O a DT B cracked VBN I skull NN I and CC O broken VBN B legs NNS I and CC I ribs NNS I . . O They PRP B were VBD O the DT B signature NN I of IN O his PRP$ B adversary NN I , , O Panamanian JJ B leader NN I Manuel NNP I Antonio NNP I Noriega NNP I . . O The DT B rebel NN I officer NN I 's POS B slow JJ I and CC I painful JJ I death NN I , , O at IN O the DT B headquarters NN I of IN O Panama NNP B 's POS B Battalion-2000 NN I squad NN I , , O was VBD O personally RB O supervised VBN O by IN O Gen. NNP B Noriega NNP I , , O says VBZ O a DT B U.S. NNP I official NN I with IN O access NN B to TO O intelligence NN B reports NNS I . . O Leaping VBG O into IN O rages VBZ B , , O sinking VBG O into IN O bouts NNS B of IN O drunkenness NN B and CC I mistrust NN I , , O Mr. NNP B Noriega NNP I has VBZ O put VBN O to TO O death NN B some DT B 70 CD I of IN O his PRP$ B troops NNS I involved VBN O in IN O the DT B coup NN I , , O according VBG O to TO O U.S. NNP B officials NNS I monitoring NN O crematoriums NNS B and CC O funeral NN B parlors NNS I in IN O Panama NNP B City NNP I . . O He PRP B is VBZ O now RB O changing VBG O the DT B place NN I he PRP B sleeps VBZ O every DT B night NN I , , O sometimes RB B more JJR I than IN I once RB I a DT B night NN I . . O His PRP$ B meals NNS I are VBP O most RBS O often RB O prepared VBN O by IN O women NNS B he PRP B trusts VBZ O -- : O his PRP$ B full-time JJ I mistress NN I , , O Vicky NNP B Amado NNP I , , O and CC O her PRP$ B mother NN I , , O Norma NNP B . . O And CC O he PRP B is VBZ O collecting VBG O the DT B names NNS I of IN O those DT B who WP B telephoned VBD O the DT B coup-makers NNS I to TO O congratulate VB O them PRP B during IN O their PRP$ B brief JJ I time NN I in IN O control NN B of IN O his PRP$ B headquarters NN I . . O More JJR B enemies NNS I to TO O be VB O dealt VBN O with RB O . . O In IN O the DT B two CD I weeks NNS I since IN O the DT B rebellion NN I , , O which WDT B the DT B U.S. NNP I hesitantly RB O backed VBD O , , O Mr. NNP B Noriega NNP I has VBZ O been VBN O at IN O his PRP$ B most RBS I brutal JJ I - : I and CC I efficient JJ I - : I in IN O maintaining VBG O power NN B . . O Yet RB O , , O while IN O the DT B failed VBN I coup NN I is VBZ O a DT B major JJ I U.S. NNP I foreign JJ I policy NN I embarrassment NN I , , O it PRP B is VBZ O merely RB B the DT I latest JJS I chapter NN I in IN O a DT B byzantine JJ I relationship NN I between IN O Mr. NNP B Noriega NNP I and CC O Washington NNP B that IN B stretches NNS O back RB O three CD B decades NNS I . . O America NNP B 's POS B war NN I on IN O the DT B dictator NN I over IN O the DT B past JJ I two CD I years NNS I , , O following VBG O his PRP$ B indictment NN I on IN O drug NN B charges NNS I in IN O February NNP B 1988 CD I , , O is VBZ O the DT B legacy NN I of IN O that DT B relationship NN I . . O Before IN O American JJ B foreign JJ I policy NN I set VBN O out IN O to TO O destroy VB O Noriega NNP B , , O it PRP B helped VBD O create VB O him PRP B out IN O of IN O the DT B crucible NN I of IN O Panama NNP B 's POS B long JJ I history NN I of IN O conspirators NNS B and CC I pirates NNS I . . O For IN O most RBS B of IN I the DT I past JJ I 30 CD I years NNS I , , O the DT B marriage NN I was VBD O one CD B of IN O convenience NN B . . O In IN O 1960 CD B , , O for IN O example NN B , , O when WRB O Mr. NNP B Noriega NNP I was VBD O both DT O a DT B cadet NN I at IN O an DT B elite NN I military JJ I academy NN I in IN O Peru NNP B and CC O a DT B spy-in-training NN I for IN O the DT B U.S. NNP I Defense NNP I Intelligence NNP I Agency NNP I , , O he PRP B was VBD O detained VBN O by IN O Lima NNP B authorities NNS I for IN O allegedly RB O raping VBG O and CC O savagely RB O beating VBG O a DT B prostitute NN I , , O according VBG O to TO O a DT B U.S. NNP I Embassy NNP I cable NN I from IN O that DT B period NN I . . O The DT B woman NN I had VBD O nearly RB O died VBN O . . O But CC O U.S. NNP B intelligence NN I , , O rather RB O than IN O rein NN O in IN O or CC O cut NN O loose JJ O its PRP$ B new JJ I spy NN I , , O merely RB O filed VBN O the DT B report NN I away RB O . . O Mr. NNP B Noriega NNP I 's POS B tips NNS I on IN O emerging VBG B leftists NNS I at IN O his PRP$ B school NN I were VBD O deemed VBN O more RBR O important JJ O to TO O U.S. NNP B interests NNS I . . O From IN O that DT B point NN I on IN I , , O the DT B U.S. NNP I would MD O make VB O a DT B practice NN I of IN O overlooking VBG O the DT B Panamanian NNP I 's POS B misadventures NNS I . . O The DT B U.S. NNP I has VBZ O befriended VBN O and CC O later RB O turned VBD O against IN O many JJ B dictators NNS I , , O but CC O none NN B quite RB O so RB O resourceful JJ O . . O The DT B 55-year-old NNP I Mr. NNP I Noriega NNP I is VBZ O n't RB O as RB O smooth JJ O as IN O the DT B shah NN I of IN O Iran NNP B , , O as RB O well-born JJ O as IN O Nicaragua NNP B 's POS B Anastasio NNP I Somoza NNP I , , O as RB O imperial JJ O as IN O Ferdinand NNP B Marcos NNP I of IN O the DT B Philippines NNP I or CC O as RB O bloody JJ O as IN O Haiti NNP B 's POS B Baby NNP I Doc NNP I Duvalier NNP I . . O Yet RB O he PRP B has VBZ O proved VBN O more RBR O resilient JJ O than IN O any DT B of IN O them PRP B . . O And CC O out IN O of IN O necessity NN B : : O The DT B U.S. NNP I can MD O make VB O mistakes NNS B and CC O still JJ O hope NN O to TO O remove VB O him PRP B from IN O power NN B , , O but CC O a DT B single JJ I error NN I on IN O his PRP$ B part NN I could MD O cost VB O him PRP B his PRP$ B life NN I . . O `` `` O The DT B U.S. NNP I underestimated VBD O Noriega NNP B all DT O along IN O , , O '' '' O says VBZ O Ambler NNP B Moss NNP I , , O a DT B former JJ I Ambassador NNP I to TO O Panama NNP B . . O `` `` O He PRP B has VBZ O mastered VBN O the DT B art NN I of IN O survival NN B . . O '' '' O In IN O keeping VBG O with IN O America NNP B 's POS B long JJ I history NN I of IN O propping VBG O up IN O Mr. NNP B Noriega NNP I , , O recent JJ B U.S. NNP I actions NNS I have VBP O extended VBN O rather RB O than IN O shortened VBN O his PRP$ B survival NN I . . O Mr. NNP B Noriega NNP I might MD O have VB O fallen VBN O of IN O his PRP$ B own JJ I weight NN I in IN O 1988 CD B because IN O of IN O Panama NNP B 's POS B dire JJ I economic JJ I situation NN I , , O says VBZ O Mr. NNP B Moss NNP I , , O but CC O increasing VBG B external JJ I pressure NN I has VBZ O only RB O given VBN O him PRP B additional JJ B excuses NNS I for IN O repression NN B , , O and CC O a DT B scapegoat NN I for IN O his PRP$ B own JJ I mismanagement NN I . . O `` `` O If IN O the DT B U.S. NNP I had VBD O sat VBN O back RB O and CC O done VBN O nothing NN B , , O he PRP B might MD O not RB O have VB O made VBN O it PRP B through IN O 1988 CD B , , O '' '' O Mr. NNP B Moss NNP I contends VBZ O . . O Perhaps RB O most RBS O important JJ O , , O Mr. NNP B Noriega NNP I 's POS B allies NNS I have VBP O intervened VBN O to TO O encourage VB O -- : O in IN O some DT B cases NNS I , , O to TO O demand VB O -- : O that IN O the DT B dictator NN I maintain VB O his PRP$ B grip NN I of IN O the DT B throne NN I . . O One CD B Colombian JJ I drug NN I boss NN I , , O upon IN O hearing NN O in IN O 1987 CD B that IN O Gen. NNP B Noriega NNP I was VBD O negotiating VBG O with IN O the DT B U.S. NNP I to TO O abandon VB O his PRP$ B command NN I for IN O a DT B comfortable JJ I exile NN I , , O sent VBD O him PRP B a DT B hand-sized JJ I mahogany NN I coffin NN I engraved VBN O with IN O his PRP$ B name NN I . . O `` `` O He PRP B is VBZ O cornered VBN O , , O '' '' O says VBZ O the DT B Rev. NNP I Fernando NNP I Guardia NNP I , , O who WP B has VBZ O led VBN O Catholic NNP B Church NNP I opposition NN I against IN O Noriega NNP B . . O `` `` O The DT B Americans NNPS I have VBP O left VBN O him PRP B without IN O a DT B way NN I out RB I . . O It PRP B is VBZ O easy JJ O to TO O fight VB O when WRB O you PRP B do VBP O n't RB O have VB O any DT B other JJ I option NN I . . O '' '' O His PRP$ B chief JJ I advantage NN I in IN O the DT B fight NN I : : O his PRP$ B intimate JJ I knowledge NN I of IN O American JJ B ways NNS I and CC I weaknesses NNS I . . O Mr. NNP B Noriega NNP I often RB O tells VBZ O friends NNS B that WDT O patience NN B is VBZ O the DT B best JJS I weapon NN I against IN O the DT B gringos NNS I , , O who WP B have VBP O a DT B short JJ I attention NN I span NN I and CC O little JJ B stomach NN I for IN O lasting VBG B confrontation NN I . . O The DT B U.S. NNP I discovered VBD O the DT B young JJ I Tony NNP I Noriega NNP I in IN O late JJ B 1959 CD I , , O when WRB O he PRP B was VBD O in IN O his PRP$ B second JJ I year NN I at IN O the DT B Chorrillos NNP I Military NNP I Academy NNP I in IN O Lima NNP B , , O according VBG O to TO O former JJ B U.S. NNP I intelligence NN I officials NNS I . . O The DT B contact NN I occurred VBD O through IN O Mr. NNP B Noriega NNP I 's POS B half-brother NN I , , O a DT B Panamanian JJ I diplomat NN I based VBN O in IN O Peru NNP B named VBD O Luis NNP B Carlos NNP I Noriega NNP I Hurtado NNP I . . O Luis NNP B Carlos NNP I , , O knowing VBG O that IN O helping VBG O the DT B Americans NNPS I could MD O advance VB O the DT B career NN I of IN O any DT B Panamanian JJ I officer NN I , , O relayed VBD O Tony NNP B 's POS B reports NNS I on IN O the DT B leftist JJ I tendencies NNS I he PRP B observed VBD O among IN O his PRP$ B fellow NN I students NNS I and CC O , , O more RBR O important JJ O , , O among IN O his PRP$ B officers NNS I and CC I instructors NNS I . . O A DT B spy NN I was VBD O born VBN O . . O It PRP B was VBD O a DT B heady JJ I experience NN I for IN O the DT B pockmarked JJ I and CC I slightly RB I built VBN I Mr. NNP I Noriega NNP I , , O who WP B was VBD O known VBN O to TO O his PRP$ B friends NNS I as IN O Cara NNP B la FW I Pina NNP I -- : O pineapple NN B face NN I . . O Born VBN O the DT B illegitimate JJ I son NN I of IN O his PRP$ B father NN I 's POS B maid NN I , , O he PRP B was VBD O raised VBN O on IN O the DT B mean NN I streets NNS I of IN O the DT B central JJ I market NN I district NN I of IN O Panama NNP B City NNP I . . O Tony NNP B was VBD O four CD B years NNS I older JJR O than IN O most RBS B of IN O his PRP$ B fellow NN I cadets NNS I , , O and CC O gained VBD O admission NN B to TO O the DT B academy NN I because IN O his PRP$ B brother NN I had VBD O falsified VBN O his PRP$ B birth NN I certificate NN I . . O He PRP B considered VBD O himself PRP B intellectually RB O superior JJ O to TO O his PRP$ B Peruvian JJ I peers NNS I , , O many NN O of IN O whom WP B were VBD O wayward JJ B sons NNS I sent VBN O by IN O their PRP$ B well-off JJ I families NNS I to TO O the DT B highly RB I disciplined VBN I , , I French-modeled JJ I academy NN I as IN O a DT B sort NN I of IN O reform NN B school NN I . . O In IN O his PRP$ B peaked VBD I military JJ I cap NN I and CC I neatly RB I pressed VBN I , , I French-made JJ I uniform NN I , , O Noriega NNP B felt VBD O more RBR O respected VBN O and CC O powerful JJ O than IN O ever RB B in IN O his PRP$ B underprivileged JJ I life NN I , , O friends NNS B from IN O the DT B period NN I say VBP O . . O `` `` O He PRP B had VBD O an DT B elegant JJ I uniform NN I with IN O gold NN B buttons NNS I in IN O a DT B country NN I where WRB O there EX B was VBD O a DT B cult NN I of IN O militarism NN B , , O where WRB O officers NNS B were VBD O the DT B elite NN I with IN O special JJ B privileges NNS I , , O '' '' O recalls VBZ O Darien NNP B Ayala NNP I , , O a DT B fellow NN I student NN I in IN O Peru NNP B and CC O a DT B lifelong JJ I friend NN I . . O Mr. NNP B Noriega NNP I 's POS B relationship NN I to TO O American JJ B intelligence NN I agencies NNS I became VBD O contractual JJ O in IN O either DT B 1966 CD I or CC I 1967 CD I , , O intelligence NN B officials NNS I say VBP O . . O His PRP$ B commanding NN I officer NN I at IN O the DT B Chiriqui NNP I Province NNP I garrison NN I , , O Major NNP B Omar NNP I Torrijos NNP I , , O gave VBD O him PRP B an DT B intriguing JJ I assignment NN I : : O Mr. NNP B Noriega NNP I would MD O organize VB O the DT B province NN I 's POS B first JJ I intelligence NN I service NN I . . O The DT B spy NN I network NN I would MD O serve VB O two CD B clients NNS I : : O the DT B Panamanian JJ I government NN I , , O by IN O monitoring VBG O political JJ B opponents NNS I in IN O the DT B region NN I , , O and CC O the DT B U.S. NNP I , , O by IN O tracking VBG O the DT B growing VBG I Communist NNP I influence NN I in IN O the DT B unions NNS I organized VBN O at IN O United NNP B Fruit NNP I Co. NNP I 's POS B banana NN I plantations NNS I in IN O Bocas NNP B del NNP I Toros NNP I and CC O Puerto NNP B Armuelles NNP I . . O United NNP B Fruit NNP I was VBD O one CD B of IN O the DT B two CD I largest JJS I contributors NNS I to TO O Panama NNP B 's POS B national JJ I income NN I . . O Satisfying VBG O its PRP$ B interests NNS I was VBD O a DT B priority NN I for IN O any DT B Panamanian JJ I leader NN I . . O Mr. NNP B Noriega NNP I 's POS B initial JJ I retainer NN I was VBD O only RB B $ $ I 50 CD I to TO I $ $ I 100 CD I a DT B month NN I , , O plus CC O occasional JJ B gifts NNS I of IN O liquor NN B or CC I groceries NNS I from IN O the DT B American NNP I PX NNP I , , O a DT B former JJ I intelligence NN I official NN I says NNS O . . O It PRP B was VBD O modest JJ B pay NN I by IN O American JJ B standards NNS I , , O but CC O a DT B healthy JJ I boost NN I to TO O his PRP$ B small JJ I military JJ I salary NN I , , O which WDT B fellow NN B officers NNS I remember VBP O as IN O having VBG O been VBN O $ $ B 300 CD I to TO I $ $ I 400 CD I monthly JJ O . . O `` `` O He PRP B did VBD O it PRP B very RB O well RB O , , O '' '' O recalls VBZ O Boris NNP B Martinez NNP I , , O a DT B former JJ I Panamanian JJ I colonel NN I who WP B managed VBD O Mr. NNP B Noriega NNP I and CC O his PRP$ B operation NN I . . O `` `` O He PRP B started VBD O building VBG O the DT B files NNS I that WDT B helped VBD O him PRP B gain VBP O power NN B . . O '' '' O A DT B National NNP I Guard NNP I job NN I assumed VBN O by IN O Capt. NNP B Noriega NNP I in IN O 1964 CD B -- : O as IN O chief NN B of IN O the DT B transit NN I police NN I in IN O David NNP B City NNP I , , O capital NN B of IN O the DT B Chiriqui NNP I Province NNP I -- : O was VBD O tailor-made JJ O for IN O an DT B aspiring JJ I super-spy NN I . . O By IN O pressuring VBG O taxi NN B and CC I bus NN I drivers NNS I who WP B needed VBD O licenses NNS B , , O he PRP B gained VBD O a DT B ready JJ I cache NN I of IN O information NN B . . O He PRP B knew VBD O which WDT B local JJ I luminaries NNS I had VBD O been VBN O caught VBN O driving VBG O drunk JJ O , , O which WDT B had VBD O been VBN O found VBN O with IN O their PRP$ B mistresses NNS I . . O This DT B proved VBD O particularly RB O valuable JJ O to TO O the DT B Panamanian JJ I government NN I in IN O 1967 CD B , , O when WRB O union NN B leaders NNS I were VBD O planning VBG O a DT B May NNP I Day NNP I march NN I that IN B the DT B government NN I feared VBD O could MD O turn VB O violent JJ O . . O Mr. NNP B Noriega NNP I had VBD O learned VBN O that IN O a DT B local JJ I union NN I leader NN I was VBD O sleeping VBG O with IN O the DT B wife NN I of IN O his PRP$ B deputy NN I . . O So RB O he PRP B splashed VBD O the DT B information NN I on IN O handbills NNS B that IN B he PRP B distributed VBD O throughout IN O the DT B banana-exporting JJ I city NN I of IN O Puerto NNP B Armuelles NNP I , , O which WDT B was VBD O ruled VBN O by IN O United NNP B Fruit NNP I Co NNP I . . O The DT B campaign NN I so RB O divided VBD O union NN B leaders NNS I that IN O the DT B government NN I found VBD O them PRP B far RB O easier JJR O to TO O control VB O . . O `` `` O It PRP B was VBD O like IN O a DT B play NN I on IN O Broadway NNP B , , O '' '' O recalls VBZ O Mr. NNP B Martinez NNP I . . O `` `` O Noriega NNP B managed VBD O the DT B whole JJ I thing NN I . . O He PRP B was VBD O superb JJ O . . O Noriega NNP B was VBD O an DT B expert NN I at IN O bribing VBG O and CC O blackmailing VBG O people NNS B . . O '' '' O During IN O his PRP$ B years NNS I in IN O Chiriqui NNP B , , O however RB O , , O Mr. NNP B Noriega NNP I also RB O revealed VBD O himself PRP B as IN O an DT B officer NN I as RB O perverse JJ O as IN O he PRP B was VBD O ingenious JJ O . . O Rodrigo NNP B Miranda NNP I , , O a DT B local JJ I lawyer NN I and CC I human-rights JJ I monitor NN I , , O recalls VBZ O an DT B intoxicated JJ I Noriega NNP I visiting VBG O prisoners NNS B in IN O their PRP$ B cells NNS I at IN O the DT B 5th NNP I Zone NNP I Garrison NNP I headquarters NN I in IN O David NNP B , , O where WRB O he PRP B had VBD O his PRP$ B offices NNS I . . O Mr. NNP B Noriega NNP I would MD O order VB O them PRP B all DT O to TO O take VB O off IN O their PRP$ B clothes NNS I and CC O run VB O around IN O the DT B courtyard NN I naked JJ O , , O laughing VBG O at IN O them PRP B and CC O then RB O retreating VBG O to TO O his PRP$ B office NN I . . O `` `` O People NNS B started VBD O wondering VBG O if IN O something NN B was VBD O wrong JJ O with IN O him PRP B , , O '' '' O Mr. NNP B Miranda NNP I recalls VBZ O . . O But CC O through IN O this DT B period NN I , , O so RB O far RB O as IN O the DT B U.S. NNP I military NN I was VBD O concerned VBN O , , O Mr. NNP B Noriega NNP I was VBD O a DT B model NN I recruit NN I . . O He PRP B signed VBD O up IN O for IN O intelligence NN B and CC I counter-intelligence JJ I training NN I under IN O American JJ B officers NNS I at IN O Fort NNP B Gulick NNP I in IN O Panama NNP B in IN O July NNP B 1967 CD I , , O according VBG O to TO O a DT B copy NN I of IN O a DT B 1983 CD I resume NN I with IN O details NNS B Mr. NNP B Noriega NNP I has VBZ O since IN O classified VBN O as IN O secret NN O . . O He PRP B flew VBD O to TO O Fort NNP B Bragg NNP I , , O N.C. NNP B , , O in IN O September NNP B of IN O that DT B year NN I for IN O a DT B course NN I in IN O psychological JJ B operations NNS I , , O returning VBG O to TO O the DT B School NNP I of IN O the DT B Americas NNP I in IN O Panama NNP B for IN O a DT B two-month JJ I course NN I called VBN O `` `` O military JJ B intelligence NN I for IN O officers NNS B . . O '' '' O Some DT B American JJ I officers NNS I interpreted VBD O his PRP$ B eagerness NN I and CC I studiousness NN I as IN O a DT B sign NN I of IN O loyalty NN B , , O but CC O they PRP B did VBD O so RB O falsely RB O . . O He PRP B rose VBD O to TO O chief NN B of IN O intelligence NN B in IN O Panama NNP B 's POS B socalled JJ I G-2 NN I in IN O 1970 CD B after IN O providing VBG O populist JJ O dictator NN O Torrijos NNP B the DT B critical JJ I support NN I to TO O defeat VB O a DT B coup NN I attempt NN I against IN O him PRP B a DT B year NN I earlier RBR O . . O He PRP B became VBD O Gen. NNP B Torrijos NNP I 's POS B inseparable JJ I shadow NN I , , O and CC O the DT B holder NN I of IN O all DT B Panama NNP I 's POS B secrets NNS I . . O Mr. NNP B Noriega NNP I , , O by IN O now RB B a DT B lieutenant NN I colonel NN I , , O expanded VBD O his PRP$ B contacts NNS I to TO O include VB O the DT B Cubans NNPS I -- : O not RB O to TO O mention VB O the DT B Israelis NNPS I , , O the DT B Taiwanese JJ I and CC O any DT B other JJ I intelligence NN I service NN I that WDT B came VBD O knocking VBG O . . O When WRB O U.S. NNP B diplomats NNS I complained VBD O to TO O the DT B CIA NNP I of IN O Col. NNP B Noriega NNP I 's POS B moonlighting NN I , , O intelligence NN B experts NNS I always RB O insisted VBD O that IN O his PRP$ B allegiance NN I was VBD O first JJ O to TO O the DT B Americans NNPS I . . O `` `` O Early RB O on IN O in IN O the DT B State NNP I Department NNP I , , O we PRP B took VBD O to TO O calling VBG O him PRP B the DT B rent-a-colonel NN I , , O in IN O tribute NN B to TO O his PRP$ B ability NN I to TO O simultaneously RB O milk NN O the DT B antagonistic JJ I intelligence NN I services NNS I of IN O Cuba NNP B and CC O the DT B United NNP I States NNPS I , , O '' '' O recalls VBZ O Francis NNP B J. NNP I McNeil NNP I , , O who WP B , , O as IN O deputy NN B assistant NN I secretary NN I of IN O state NN B for IN O inter-American JJ B affairs NNS I , , O first JJ O ran VBD O across IN O reports NNS B about IN O Mr. NNP B Noriega NNP I in IN O 1977 CD B . . O `` `` O Some DT B of IN O us PRP B wondered VBD O how WRB O our PRP$ B intelligence NN I people NNS I could MD O put VB O so RB B much JJ I stock NN I in IN O his PRP$ B information NN I when WRB O he PRP B was VBD O just RB O as IN O close RB O to TO O the DT B Cubans NNPS I . . O '' '' O Even RB O at IN O this DT B early JJ I stage NN I , , O drugs NNS B caused VBD O additional JJ B concerns NNS I . . O During IN O the DT B Nixon NNP I administration NN I , , O the DT B Drug NNP I Enforcement NNP I Administration NNP I became VBD O dismayed VBN O at IN O the DT B extent NN I of IN O the DT B G-2 NN I 's POS B connections NNS I to TO O arrested VBN B drug NN I traffickers NNS I . . O One CD B DEA NNP I agent NN I drew VBD O up IN O a DT B list NN I of IN O five CD B options NNS I for IN O dealing VBG O with IN O Col. NNP B Noriega NNP I , , O one CD O of IN O which WDT B was VBD O assassination NN B . . O The DT B head NN I of IN O the DT B DEA NNP I at IN O the DT B time NN I , , O John NNP B Ingersoll NNP I , , O scotched VBD O the DT B assassination NN I plan NN I . . O But CC O he PRP B did VBD O fly VB O to TO O Panama NNP B to TO O scold VB O dictator NN B Torrijos NNP I on IN O the DT B drug NN I ties NNS I of IN O Panamanian JJ B officials NNS I , , O including VBG O Mr. NNP B Noriega NNP I . . O Mr. NNP B Ingersoll NNP I later RB O recalled VBD O that IN O Gen. NNP B Torrijos NNP I seemed VBD O afraid JJ O to TO O act VB O on IN O the DT B concerns NNS I of IN O the DT B U.S. NNP I . . O `` `` O Everybody NN B was VBD O afraid JJ O of IN O him PRP B , , O '' '' O Mr. NNP B Ingersoll NNP I says VBZ O . . O Mr. NNP B Noriega NNP I became VBD O an DT B even RB I greater JJR I threat NN I in IN O 1976 CD B , , O when WRB O U.S. NNP B intelligence NN I services NNS I discovered VBN O that IN O he PRP B had VBD O been VBN O buying VBG O recordings NNS B of IN O electronically RB B monitored VBN I conversations NNS I from IN O three CD B sergeants NNS I working VBG O for IN O the DT B U.S. NNP I Army NNP I 's POS B 470th NNP I Military NNP I Intelligence NNP I Group NNP I . . O The DT B tapes NNS I included VBD O wiretaps NNS B of IN O Gen. NNP B Torrijos NNP I 's POS B own JJ I phone NN I , , O according VBG O to TO O American JJ B intelligence NN I officials NNS I . . O `` `` O We PRP B caught VBD O him PRP B with IN O his PRP$ B hands NNS I on IN O our PRP$ B cookie NN I jar NN I , , O '' '' O says VBZ O former JJ B CIA NNP I Director NNP I Stansfield NNP I Turner NNP I . . O For IN O the DT B first JJ I time NN I , , O the DT B U.S. NNP I considered VBD O cutting VBG O Mr. NNP B Noriega NNP I from IN O its PRP$ B intelligence NN I payroll NN I -- : O and CC O the DT B deliberations NNS I were VBD O intense JJ O , , O Mr. NNP B Turner NNP I says VBZ O . . O `` `` O In IN O the DT B world NN I of IN O intelligence NN B , , O if IN O you PRP B want VBP O to TO O get VB O information NN B , , O you PRP B get VBP O it PRP B from IN O seedy JJ B characters NNS I . . O The DT B question NN I is VBZ O how WRB O much JJ O you PRP B get VBP O tied VBN O in IN O with IN O seedy JJ B characters NNS I so IN O they PRP B can MD O extort VB O you PRP B . . O '' '' O Intelligence NN B officials NNS I to TO O this DT B day NN I worry NN O whether IN O Mr. NNP B Noriega NNP I sold VBD O sensitive JJ B information NN I on IN O the DT B recordings NNS I to TO O the DT B Cubans NNPS I or CC O others NNS B . . O Mr. NNP B Turner NNP I was VBD O troubled JJ O enough RB O to TO O cancel VB O the DT B U.S. NNP I contract NN I with IN O the DT B rent-a-colonel NN I at IN O the DT B beginning NN I of IN O the DT B Carter NNP I administration NN I . . O The DT B U.S. NNP I soon RB O found VBD O new JJ B cause NN I for IN O concern NN B : : O gun-running JJ B . . O Prosecutors NNS B in IN O Southern NNP B Florida NNP I indicted VBD O five CD B Panamanians NNS I on IN O charges NNS B of IN O illegally RB O running VBG O arms NNS B to TO O Sandinista NNP B rebels NNS I trying VBG O to TO O overthrow VB O the DT B Nicaraguan JJ I government NN I of IN O Mr. NNP B Somoza NNP I . . O They PRP B included VBD O one CD B of IN O Mr. NNP B Noriega NNP I 's POS B closest JJS I friends NNS I and CC I business NN I partners NNS I , , O Carlos NNP B Wittgreen NNP I . . O And CC O the DT B investigators NNS I were VBD O quickly RB O closing VBG O in IN O on IN O Mr. NNP B Noriega NNP I himself PRP B . . O At IN O the DT B time NN I , , O though RB O , , O in IN O 1979 CD B , , O the DT B U.S. NNP I was VBD O once RB O again RB O flirting VBG O with IN O its PRP$ B longtime JJ I Latin NNP I American JJ I spy NN I . . O Mr. NNP B Noriega NNP I made VBD O plans NNS B to TO O fly VB O to TO O Washington NNP B for IN O a DT B meeting NN I with IN O his PRP$ B counterpart NN I at IN O the DT B Pentagon NNP I . . O Dade NNP B County NNP I and CC I federal JJ I authorities NNS I , , O learning VBG O that IN O he PRP B intended VBD O to TO O fly VB O through IN O Miami NNP B , , O made VBN O plans NNS B to TO O arrest VB O him PRP B on IN O the DT B gun-running JJ I charges NNS I as RB O soon RB O as IN O he PRP B hit VBD O U.S. NNP B soil NN I . . O It PRP B was VBD O a DT B Friday NNP I in IN O June NNP B . . O The DT B Pentagon NNP I foiled VBD O the DT B plan NN I . . O According VBG O to TO O military JJ B officers NNS I at IN O the DT B time NN I , , O word NN B was VBD O passed VBN O to TO O Mr. NNP B Noriega NNP I by IN O his PRP$ B American JJ I hosts NNS I that IN O the DT B police NN I would MD O be VB O waiting VBG O . . O On IN O Monday NNP B , , O U.S. NNP B officials NNS I received VBD O a DT B routine NN I , , I unclassified JJ I message NN I from IN O the DT B military JJ I group NN I commander NN I in IN O Panama NNP B . . O `` `` O Due JJ O to TO O health NN B reasons NNS I , , O Lt. NNP B Col. NNP I Noriega NNP I has VBZ O elected VBN O to TO O postpone VB O his PRP$ B visit NN I to TO O Washington NNP B , , O '' '' O it PRP B read VBP O . . O Prosecutors NNS B in IN O Miami NNP B received VBD O yet RB B another DT I setback NN I . . O Their PRP$ B original JJ I indictment NN I against IN O Mr. NNP B Wittgreen NNP I , , O the DT B friend NN I of IN O Mr. NNP B Noriega NNP I , , O and CC O the DT B other JJ I four CD I was VBD O dismissed VBN O on IN O a DT B technicality NN I . . O But CC O now RB O , , O along IN O with IN O reindicting VBG O Mr. NNP B Noriega NNP I 's POS B pal NN I , , O they PRP B intended VBD O to TO O charge VB O Mr. NNP B Noriega NNP I himself PRP B , , O on IN O allegations NNS B that IN O he PRP B was VBD O involved VBN O in IN O the DT B illegal JJ I trading NN I of IN O some DT B $ $ I 2 CD I million CD I in IN O arms NNS B . . O In IN O January NNP B 1980 CD I , , O Jerome NNP B Sanford NNP I , , O as IN O assistant NN B U.S. NNP I attorney NN I , , O was VBD O summoned VBN O to TO O a DT B meeting NN I with IN O a DT B Federal NNP I Bureau NNP I of IN O Investigation NNP B agent NN O assigned VBN O to TO O the DT B Bureau NNP I of IN O Alcohol NN B , , I Tobacco NNP I and CC I Firearms NNP I in IN O Miami NNP B . . O Panamanian JJ O dictator NN O Torrijos NNP B , , O he PRP B was VBD O told VBN O , , O had VBD O granted VBN O the DT B shah NN I of IN O Iran NNP B asylum NN B in IN O Panama NNP B as IN O a DT B favor NN I to TO O Washington NNP B . . O Mr. NNP B Sanford NNP I was VBD O told VBN O Mr. NNP B Noriega NNP I 's POS B friend NN I , , O Mr. NNP B Wittgreen NNP I , , O would MD O be VB O handling VBG O the DT B shah NN I 's POS B security NN I . . O It PRP B would MD O n't RB O be VB O a DT B good JJ I idea NN I to TO O indict VB O him PRP B -- : O much RB O less JJR O Mr. NNP B Noriega NNP I , , O the DT B prosecutor NN I was VBD O told VBN O . . O After IN O prodding VBG B from IN O Mr. NNP B Sanford NNP I , , O U.S. NNP B Attorney NNP I Jack NNP I Eskenazi NNP I pleaded VBD O with IN O Justice NNP B Department NNP I officials NNS I in IN O Washington NNP B to TO O let VB O the DT B indictment NN I proceed VB O . . O `` `` O Unfortunately RB O , , O '' '' O Mr. NNP B Eskenazi NNP I wrote VBD O in IN O a DT B letter NN I , , O `` `` O those DT B of IN O us PRP B in IN O law NN B enforcement NN I in IN O Miami NNP B find NN O ourselves PRP B frequently RB O attempting VBG O to TO O enforce VB O the DT B laws NNS I of IN O the DT B United NNP I States NNPS I but CC O simultaneously RB O being VBG O caught VBN O between IN O foreign JJ B policy NN I considerations NNS I over IN O which WDT B we PRP B have VBP O no DT B control NN I . . O '' '' O The DT B letter NN I , , O along IN O with IN O a DT B detailed VBN I prosecution NN I memo NN I , , O sat VBD O on IN O the DT B desks NNS I of IN O Justice NNP B officials NNS I for IN O months NNS B before IN O the DT B case NN I died VBD O a DT B quiet JJ I death NN I . . O `` `` O I PRP B think VBP O if IN O we PRP B had VBD O been VBN O allowed VBN O to TO O go VB O ahead RB O then RB O we PRP B would MD O n't RB O have VB O the DT B problems NNS I we PRP B have VBP O now RB O , , O '' '' O Mr. NNP B Sanford NNP I says VBZ O . . O `` `` O If IN O he PRP B had VBD O been VBN O found VBN O guilty JJ O , , O we PRP B could MD O have VB O stopped VBN O him PRP B . . O '' '' O In IN O August NNP B 1983 CD I , , O Mr. NNP B Noriega NNP I took VBD O over IN O as IN O General NNP B and CC O de-facto JJ B dictator NN I of IN O Panama NNP B , , O having VBG O maneuvered VBN O his PRP$ B way NN I to TO O the DT B top JJ I only RB B two CD I years NNS I after IN O the DT B mysterious JJ I death NN I in IN O a DT B plane NN I crash NN I of IN O his PRP$ B old JJ I boss NN I Omar NNP I Torrijos NNP I . . O Soon RB O , , O the DT B military NN I became VBD O a DT B veritable JJ I mafia NN I controlling VBG O legal JJ B and CC I illegal JJ I businesses NNS I . . O The DT B Reagan NNP I administration NN I also RB O put VB O Mr. NNP B Noriega NNP I 's POS B G-2 NN I back RB O on IN O the DT B U.S. NNP I payroll NN I . . O Payments NNS B averaged VBD O nearly RB B $ $ I 200,000 CD I a DT B year NN I from IN O the DT B U.S. NNP I Defense NNP I Intelligence NNP I Agency NNP I and CC O the DT B CIA NNP I . . O Although IN O working VBG O for IN O U.S. NNP B intelligence NN I , , O Mr. NNP B Noriega NNP I was VBD O hardly RB O helping VBG O the DT B U.S. NNP I exclusively RB O . . O During IN O the DT B Reagan NNP I years NNS I he PRP B expanded VBD O his PRP$ B business NN I and CC I intelligence NN I contacts NNS I with IN O the DT B Cubans NNPS I and CC O the DT B Sandinistas NNPS I . . O He PRP B allegedly RB O entered VBD O into IN O Panama NNP B 's POS B first JJ I formal JJ I business NN I arrangement NN I with IN O Colombian JJ B drug NN I bosses NNS I , , O according VBG O to TO O Floyd NNP B Carlton NNP I , , O a DT B pilot NN I who WP B once RB O worked VBD O for IN O Mr. NNP B Noriega NNP I and CC O who WP B testified VBD O before IN O the DT B U.S. NNP I grand JJ I jury NN I in IN O Miami NNP B that WDT B would MD O ultimately RB O indict VB O the DT B Panamanian JJ I on IN O drug NN B charges NNS I . . O But CC O Mr. NNP B Noriega NNP I was VBD O convinced VBN O the DT B Reagan NNP I White NNP I House NNP I would MD O n't RB O act VB O against IN O him PRP B , , O recalls VBZ O his PRP$ B close NN I ally NN I Jose NNP B Blandon NNP I , , O because IN O he PRP B had VBD O an DT B insurance NN I policy NN I : : O his PRP$ B involvement NN I with IN O the DT B Contra NNP I rebels NNS I in IN O Nicaragua NNP B . . O Mr. NNP B Blandon NNP I says VBZ O the DT B general JJ I allowed VBN O the DT B Contras NNPS I to TO O set VB O up IN O a DT B secret JJ I training NN I center NN I in IN O Panama NNP B . . O Mr. NNP B Noriega NNP I also RB O conveyed VBD O intelligence NN B from IN O his PRP$ B spy NN I operation NN I inside IN O the DT B Nicaraguan JJ I capital NN I of IN O Managua NNP B . . O And CC O on IN O at IN B least JJS I one CD I occasion NN I , , O in IN O the DT B spring NN I of IN O 1985 CD B , , O he PRP B helped VBD O arrange VB O a DT B sabotage NN I attack NN I on IN O a DT B Sandinista NNP I arsenal NN I in IN O Nicaragua NNP B . . O Although IN O , , O his PRP$ B help NN I for IN O the DT B Contra NNP I cause NN I was VBD O limited JJ O , , O it PRP B was VBD O enough RB O to TO O win VB O him PRP B important JJ B protectors NNS I in IN O the DT B Reagan NNP I administration NN I , , O says VBZ O Sen. NNP B Patrick NNP I Leahy NNP I , , O a DT B Vermont NNP I Democrat NNP I who WP B then RB O served VBN O on IN O the DT B Senate NNP I Intelligence NNP I Committee NNP I . . O `` `` O Noriega NNP B played VBD O U.S. NNP B intelligence NN I agencies NNS I and CC O the DT B U.S. NNP I government NN I like IN O a DT B violin NN I , , O '' '' O he PRP B says VBZ O . . O An DT B incident NN I in IN O 1984 CD B suggested VBD O one CD B additional JJ I means NNS I by IN O which WDT B Mr. NNP B Noriega NNP I might MD O have VB O maintained VBN O such JJ B influence NN I with IN O Washington NNP B -- : O by IN O compromising VBG O U.S. NNP B officials NNS I . . O Curtin NNP B Windsor NNP I , , O then RB O the DT B ambassador NN I to TO O Costa NNP B Rica NNP I , , O recalls VBZ O being VBG O invited VBN O to TO O Panama NNP B by IN O Mr. NNP B Noriega NNP I 's POS B brother NN I Luis NNP B Carlos NNP I for IN O a DT B weekend NN I of IN O deep JJ B sea NN I fishing NN I and CC O `` `` O quiet JJ B , , I serious JJ I conversation NN I '' '' O on IN O the DT B Aswara NNP I Peninsula NNP I . . O Mr. NNP B Windsor NNP I notified VBD O Everett NNP B E. NNP I Briggs NNP I , , O the DT B U.S. NNP I ambassador NN I to TO O Panama NNP B , , O of IN O the DT B invitation NN I . . O `` `` O Briggs NNP B screamed VBD O , , O '' '' O Mr. NNP B Windsor NNP I recalls VBZ O . . O He PRP B says VBZ O Mr. NNP B Briggs NNP I told VBD O him PRP B he PRP B was VBD O being VBG O set VBN O up IN O for IN O a DT B `` `` I honey NN I trap NN I , , O '' '' O in IN O which WDT B Mr. NNP B Noriega NNP I would MD O try VB O to TO O involve VB O him PRP B in IN O an DT B orgy NN I and CC O then JJ O record NN O the DT B event NN I `` `` O with IN O sound NN B and CC I video NN I . . O '' '' O Mr. NNP B Briggs NNP I , , O on IN O vacation NN B after IN O resigning VBG O his PRP$ B position NN I at IN O the DT B National NNP I Security NNP I Council NNP I , , O could MD O n't RB O be VB O reached VBN O for IN O comment NN B . . O As IN O Mr. NNP B Noriega NNP I 's POS B political JJ I troubles NNS I grew VBD O , , O so RB O did VBD O his PRP$ B offers NNS I of IN O assistance NN B to TO O the DT B Contras NNPS I , , O an DT B apparent JJ I attempt NN I to TO O curry VB O more JJR B favor NN I in IN O Washington NNP B . . O For IN O instance NN B , , O he PRP B helped VBD O steal VB O the DT B May NNP I 1984 CD I Panamanian JJ I elections NNS I for IN O the DT B ruling NN I party NN I . . O But CC O just RB B one CD I month NN I later RB O , , O he PRP B also RB O contributed VBD O $ $ B 100,000 CD I to TO O a DT B Contra NNP I leader NN I , , O according VBG O to TO O documents NNS B released VBN O for IN O Oliver NNP B North NNP I 's POS B criminal JJ I trial NN I in IN O Washington NNP B , , O D.C NNP B . . O Yet RB O , , O his PRP$ B political JJ I setbacks NNS I mounted VBN O . . O Mr. NNP B Noriega NNP I was VBD O accused VBN O of IN O ordering VBG O in IN O 1985 CD B the DT B beheading NN I of IN O Hugo NNP B Spadafora NNP I , , O his PRP$ B most RBS I outspoken JJ I political JJ I opponent NN I and CC O the DT B first JJ I man NN I to TO O publicly RB O finger NN O Mr. NNP B Noriega NNP I on IN O drug NN B trafficking NN I charges NNS I . . O He PRP B then RB O ousted VBD O President NNP B Nicholas NNP I Ardito NNP I Barletta NNP I , , O a DT B former JJ I World NNP I Bank NNP I official NN I with IN O close NN B ties NNS I to TO O the DT B U.S. NNP I , , O after IN O Mr. NNP B Barletta NNP I tried VBD O to TO O create VB O a DT B commission NN I to TO O investigate VB O the DT B murder NN I . . O And CC O , , O all PDT B the DT I while NN I , , O Panama NNP B 's POS B debt NN I problems NNS I continued VBD O to TO O grow VB O . . O Mr. NNP B Noriega NNP I was VBD O growing VBG O desperate JJ O . . O In IN O late JJ B 1986 CD I , , O he PRP B made VBD O an DT B offer NN I he PRP B thought VBD O the DT B U.S. NNP I could MD O n't RB O refuse VB O . . O As IN O recounted VBN O in IN O a DT B stipulation NN I that WDT B summarized VBD O government NN B documents NNS I released VBN O for IN O the DT B North NNP I trial NN I , , O Mr. NNP B Noriega NNP I offered VBD O to TO O assassinate VB O the DT B Sandinista NNP I leadership NN I in IN O exchange NN B `` `` O for IN O a DT B promise NN I to TO O help VB O clean JJ O up IN O Noriega NNP B 's POS B image NN I and CC O a DT B commitment NN I to TO O lift VB O the DT B -LCB- ( I U.S. NNP I . . I -RCB- ) I ban NN I on IN O military JJ B sales NNS I to TO O the DT B Panamanian NNP I Defense NNP I Forces NNPS I . . O '' '' O `` `` O North NNP B , , O '' '' O the DT B document NN I went VBD O on IN O , , O referring VBG O to TO O Oliver NNP B North NNP I , , O `` `` O has VBZ O told VBN O Noriega NNP B 's POS B representative NN I that IN O U.S. NNP B law NN I forbade VBD O such JJ B actions NNS I . . O The DT B representative NN I responded VBD O that IN O Noriega NNP B had VBD O numerous JJ B assets NNS I in IN O place NN B in IN O Nicaragua NNP B and CC O could MD O accomplish VB O many JJ B essential JJ I things NNS I , , O just RB O as IN O Noriega NNP B had VBD O helped VBN O -LCB- ( O the DT B U.S. NNP I . . O -RCB- ) O the DT B previous JJ I year NN I in IN O blowing VBG O up IN O a DT B Sandinista NNP I arsenal NN I . . O '' '' O Col. NNP B North NNP I conveyed VBD O the DT B request NN I to TO O his PRP$ B superiors NNS I and CC O to TO O Assistant NNP O Secretary NNP O of IN O State NNP B Elliot NNP O Abrams NNP O , , O who WP B relayed VBD O it PRP B to TO O Secretary NNP O of IN O State NNP B George NNP O Shultz NNP O . . O Mr. NNP B Noriega NNP I 's POS B proposal NN I was VBD O turned VBN O down RB O . . O And CC O Mr. NNP B Shultz NNP I curtly RB O told VBD O Mr. NNP B Abrams NNP I that IN O the DT B general NN I should MD O be VB O told VBN O that IN O only RB B he PRP I could MD O repair VB O his PRP$ B tarnished VBN I image NN I . . O The DT B end NN I of IN O the DT B marriage NN I was VBD O at IN O hand NN B . . O Within IN O weeks NNS B the DT B unfolding VBG I Iran-Contra NNP I scandal NN I took VBD O away RB O Mr. NNP B Noriega NNP I 's POS B insurance NN I policy NN I . . O The DT B death NN I of IN O CIA NNP O Director NNP O William NNP B Casey NNP I and CC O resignation NN B of IN O Oliver NNP B North NNP I allowed VBD O anti-Noriega JJ B political JJ I forces NNS I to TO O gain VB O influence NN B . . O Public JJ B protests NNS I against IN O him PRP B were VBD O triggered VBN O in IN O June NNP B 1987 CD I due JJ O to TO O charges NNS B by IN O Diaz NNP B Herrera NNP I , , O his PRP$ B former JJ I chief NN I of IN O staff NN B , , O that IN O Mr. NNP B Noriega NNP I had VBD O stolen VBN O the DT B 1984 CD I election NN I and CC O had VBD O ordered VBN O the DT B killing NN I of IN O Messrs. NNP B Spadafora NNP I and CC I Torrijos NNP I . . O Few NNP B American JJ I officials NNS I were VBD O willing JJ O any RB O longer RB O to TO O defend VB O him PRP B . . O Lawyers NNS B in IN O Miami NNP B -- : O this DT B time NN I working VBG O virtually RB O without IN O impediment NN B -- : O prepared VBN O to TO O have VB O him PRP B indicted VBN O on IN O drug NN B charges NNS I in IN O February NNP B 1988 CD I . . O During IN O negotiations NNS B with IN O American JJ B officials NNS I in IN O May NNP B 1988 CD I over IN O proposals NNS B to TO O drop VB O the DT B U.S. NNP I indictments NNS I in IN O exchange NN B for IN O his PRP$ B resignation NN I , , O Mr. NNP B Noriega NNP I often RB O asked VBD O almost RB O plaintively RB O how WRB O the DT B Americans NNPS I , , O whom WP B he PRP B had VBD O helped VBN O for IN O so RB B many JJ I years NNS I , , O could MD O turn VB O against IN O him PRP B . . O Now RB O , , O neither DT B side NN I -- : O the DT B U.S. NNP I nor CC O Mr. NNP B Noriega NNP I -- : O has VBZ O an DT B easy JJ I out RB I . . O President NNP B Bush NNP I has VBZ O sworn VBN O to TO O bring VB O him PRP B to TO O justice NN B . . O Mr. NNP B Noriega NNP I believes VBZ O he PRP B has VBZ O n't RB O any DT B alternative NN I but CC O to TO O continue VB O clutching VBG O to TO O power VB B . . O It PRP B is VBZ O a DT B knock-out JJ I battle NN I -- : O perhaps RB O to TO O the DT B death NN I . . O In IN O the DT B end NN I , , O is VBZ O Mr. NNP B Noriega NNP I the DT B political JJ I equivalent NN I of IN O Frankenstein NNP B 's POS B monster NN I , , O created VBN O by IN O a DT B well-intentioned JJ I but CC I misguided JJ I foreign JJ I power NN I ? . O Not RB O quite RB O , , O Sen. NNP B Leahy NNP I contends VBZ O . . O `` `` O For IN O short-term JJ B gains NNS I , , O people NNS B were VBD O willing JJ O to TO O put VB O up IN O with IN O him PRP B . . O That DT B allowed VBN O him PRP B to TO O get VB O stronger JJR O and CC O stronger JJR O , , O '' '' O he PRP B says VBZ O . . O `` `` O I PRP B do VBP O n't RB O think VB O we PRP B created VBD O him PRP B as RB O much JJ O as IN O we PRP B fed VBD O him PRP B , , O nurtured VBD O him PRP B and CC O let VB O him PRP B grow VB O up VB O to TO O be VB O big JJ O and CC O strong JJ O . . O UPJOHN NNP B Co. NNP I reported VBD O that IN O third-quarter JJ B net JJ I income NN I rose VBD O to TO O $ $ B 96 CD I million CD I , , O or CC O 52 CD B cents NNS I a DT B share NN I , , O from IN O $ $ B 89.6 CD I million CD I , , O or CC O 49 CD B cents NNS I a DT B share NN I , , O a DT B year NN I earlier RBR O . . O Yesterday NN B 's POS B edition NN I provided VBD O analysts NNS B ' POS B estimates NNS I for IN O the DT B company NN I when WRB O actual JJ B earnings NNS I were VBD O available JJ O . . O Industrial JJ B production NN I declined VBD O 0.1 CD B % NN I in IN O September NNP B , , O reinforcing VBG O other JJ B signs NNS I that IN O the DT B manufacturing NN I sector NN I continues VBZ O its PRP$ B slowing NN I trend NN I . . O The DT B Federal NNP I Reserve NNP I Board NNP I said VBD O output NN B of IN O the DT B nation NN I 's POS B factories NNS I , , I mines NNS I and CC I utilities NNS I expanded VBN O at IN O an DT B annual JJ I rate NN I of IN O 1.3 CD B % NN I in IN O the DT B third JJ I quarter NN I , , O substantially RB O slower JJR O than IN O the DT B 3.3 CD I % NN I annual JJ I rate NN I in IN O the DT B second JJ I quarter NN I . . O `` `` O Capital NNP B spending NN I and CC I exports NNS I , , O which WDT B have VBP O been VBN O the DT B driving VBG I force NN I in IN O this DT B expansion NN I , , O are VBP O showing VBG O clear JJ B signs NNS I of IN O having VBG O the DT B steam NN I taken VBN O out IN O of IN O them PRP B , , O '' '' O said VBD O Robert NNP B Dederick NNP I , , O economist NN B for IN O Northern NNP B Trust NNP I Co. NNP I in IN O Chicago NNP B . . O The DT B new JJ I reports NNS I of IN O sluggishness NN B , , O which WDT B were VBD O foreshadowed VBN O by IN O an DT B earlier RBR I Labor NNP I Department NNP I report NN I that IN O manufacturing NN B payrolls NNS I dropped VBN O by IN O 105,000 CD B in IN O September NNP B , , O give VB O the DT B Fed NNP I another DT B reason NN I to TO O further VB O ease VB O its PRP$ B grip NN I on IN O credit NN B and CC O lower JJR O interest NN B rates NNS I . . O `` `` O They PRP B need VBP O to TO O do VB O something NN B about IN O this DT B , , O '' '' O said VBD O Maury NNP B Harris NNP I , , O economist NN B at IN O PaineWebber NNP B Group NNP I Inc NNP I . . O The DT B Fed NNP I also RB O said VBD O U.S. NNP B industry NN I operated VBN O at IN O 83.6 CD B % NN I of IN O capacity NN B last JJ B month NN I , , O down RB O from IN O 83.8 CD B % NN I in IN O August NNP B . . O Measures NNS B of IN O manufacturing NN B activity NN I fell VBD O more JJR O than IN O the DT B overall JJ I measures NNS I . . O Factory NN B output NN I dropped VBD O 0.2 CD B % NN I , , O its PRP$ B first JJ I decline NN I since IN O February NNP B , , O after IN O having VBG O been VBN O unchanged JJ O in IN O October NNP B . . O Factories NNS B operated VBN O at IN O 83.7 CD B % NN I of IN O capacity NN B , , O the DT B lowest JJS I rate NN I in IN O more JJR B than IN I a DT I year NN I and CC O down RB O from IN O 84.1 CD B % NN I in IN O September NNP B . . O The DT B declines NNS I mainly RB O reflected VBD O widespread JJ B weakness NN I in IN O durable JJ B goods NNS I , , O those DT B intended VBN O to TO O last VB O more JJR B than IN I three CD I years NNS I . . O The DT B biggest JJS I drop NN I was VBD O recorded VBN O by IN O primary JJ B metals NNS I producers NNS I , , O a DT B category NN I that WDT B includes VBZ O the DT B steel NN I industry NN I . . O Output NN B of IN O business NN B equipment NN I was VBD O unchanged JJ O in IN O September NNP B . . O Production NN B of IN O factory NN B equipment NN I , , O one CD B indication NN I of IN O the DT B strength NN I of IN O manufacturers NNS B ' POS B investment NN I spending NN I , , O fell VBD O 0.3 CD B % NN I . . O Some DT B economists NNS I expect VBP O further JJ B declines NNS I in IN O investment NN B spending NN I . . O `` `` O Whenever WRB O corporate JJ B profits NNS I are VBP O weak JJ O that WDT B means VBZ O capital NN B spending NN I is VBZ O going VBG O to TO O soften VB O subsequently RB O , , O '' '' O Mr. NNP B Harris NNP I said VBD O . . O `` `` O You PRP B have VBP O n't RB O seen VBN O the DT B full JJ I effect NN I of IN O that DT B yet RB O . . O '' '' O A DT B decline NN I in IN O truck NN B production NN I more JJR O than IN O offset VB O a DT B sharp JJ I rise NN I in IN O auto NN B assemblies NNS I , , O the DT B Fed NNP I noted VBD O . . O Analysts NNS B do VBP O n't RB O expect VB O the DT B September NNP I surge NN I in IN O auto NN B production NN I to TO O be VB O repeated VBN O in IN O the DT B coming VBG I months NNS I . . O Here RB B is VBZ O a DT B summary NN I of IN O the DT B Federal NNP I Reserve NNP I Board NNP I 's POS B report NN I on IN O industrial JJ B production NN I in IN O September NNP B . . O The DT B figures NNS I are VBP O seasonally RB O adjusted VBN O . . O 142.3 CD B % NN I of IN O the DT B 1977 CD I average JJ I . . O Robin NNP B Honiss NNP I , , O president NN B and CC O chief JJ B executive JJ I officer NN I of IN O this DT B bank NN I holding VBG I company NN I , , O was VBD O elected VBN O to TO O the DT B additional JJ I posts NNS I of IN O chairman NN B , , O president NN B and CC O chief JJ B executive NN I of IN O the DT B company NN I 's POS B New NNP I England NNP I Savings NNP I Bank NNP I subsidiary NN I . . O William NNP B R. NNP I Attridge NNP I resigned VBD O those DT B posts NNS I , , O as RB O well RB O as IN O a DT B seat NN I on IN O NESB NNP B 's POS B board NN I . . O NESB NNP B is VBZ O also RB O the DT B parent NN I of IN O Omnibank NNP B . . O Lung-cancer NN B mortality NN I rates NNS I for IN O people NNS B under IN O 45 CD B years NNS I of IN O age NN B have VBP O begun VBN O to TO O decline VB O , , O federal JJ B researchers NNS I report VBP O . . O The DT B drop NN I is VBZ O particularly RB O large JJ O for IN O white JJ B males NNS I , , O although IN O black JJ B males NNS I and CC O white JJ B and CC I black JJ I women NNS I also RB O show VBP O lower JJR B mortality NN I rates NNS I . . O A DT B report NN I in IN O this DT B week NN I 's POS B issue NN I of IN O the DT B Journal NNP I of IN O the DT B National NNP I Cancer NNP I Institute NNP I also RB O projects VBZ O that IN O overall JJ B U.S. NNP I mortality NN I rates NNS I from IN O lung NN B cancer NN I , , O the DT B leading VBG I cause NN I of IN O cancer NN B death NN I , , O should MD O begin VB O to TO O drop VB O in IN O several JJ B years NNS I if IN O cigarette NN B smoking NN I continues VBZ O to TO O abate VB O . . O The DT B report NN I , , O which WDT B comes VBZ O 25 CD B years NNS I after IN O the DT B U.S. NNP I Surgeon NNP I General NNP I issued VBD O a DT B report NN I warning NN O against IN O the DT B dangers NNS I of IN O smoking NN B , , O is VBZ O the DT B strongest JJS I indication NN I to TO O date VB B that IN O the DT B reduction NN I in IN O smoking NN B is VBZ O leading VBG O to TO O lower JJR B death NN I rates NNS I from IN O lung NN B cancer NN I . . O `` `` O What WP B this DT B is VBZ O saying VBG O is VBZ O that IN O the DT B surgeon NN I general NN I 's POS B message NN I is VBZ O having VBG O an DT B impact NN I , , O '' '' O said VBD O Melvyn NNP B Tockman NNP I , , O an DT B epidemiologist NN I at IN O the DT B Johns NNP I Hopkins NNP I School NNP I of IN O Hygiene NNP B and CC O Public NNP B Health NNP I in IN O Baltimore NNP B . . O The DT B National NNP I Cancer NNP I Institute NNP I report NN I compares VBZ O mortality NN B rates NNS I of IN O two CD B groups NNS I of IN O people NNS B between IN O the DT B ages NNS I of IN O 35 CD B and CC I 44 CD I a DT B decade NN I apart RB O . . O The DT B death NN I rate NN I from IN O lung NN B cancer NN I of IN O white JJ B males NNS I aged VBN O 35 CD B to TO O 44 CD B in IN O the DT B mid-1970s NNS I was VBD O 13.4 CD B per IN O 100,000 CD B , , O but CC O the DT B mortality NN I rate NN I of IN O the DT B same JJ I age NN I group NN I in IN O the DT B mid-1980s NNS I was VBD O 9.6 CD B , , O a DT B decline NN I of IN O 28.7 CD B % NN I . . O Measured VBN O the DT B same JJ I way NN I , , O the DT B decline NN I for IN O black JJ B males NNS I was VBD O 14.2 CD B % NN I . . O The DT B drop NN I in IN O mortality NN B rates NNS I for IN O women NNS B was VBD O less RBR O steep JJ O -- : O 8.9 CD B % NN I for IN O blacks NNS B and CC O 5.3 CD B % NN I for IN O whites NNS B . . O The DT B study NN I , , O by IN O Susan NNP B Devesa NNP I , , O William NNP B Blot NNP I and CC O Joseph NNP B Fraumeni NNP I of IN O the DT B institute NN I 's POS B staff NN I , , O also RB O shows VBZ O that IN O the DT B incidence NN I of IN O lung NN B cancer NN I as RB O well RB O as IN O the DT B death NN I rate NN I declined VBD O over IN O the DT B decade NN I for IN O all DT B groups NNS I in IN O the DT B 35-44 JJ I age NN I bracket NN I , , O except IN O black JJ B men NNS I . . O Although IN O lung-cancer NN B mortality NN I rates NNS I are VBP O increasing VBG O for IN O the DT B nation NN I as IN O a DT B whole NN I , , O the DT B report NN I projects VBZ O that IN O death NN B rates NNS I will MD O begin VB O to TO O decline VB O in IN O the DT B 1990s CD I for IN O men NNS B and CC O after IN O the DT B year NN I 2000 CD I for IN O women NNS B . . O Lung-cancer NN B mortality NN I rates NNS I increase VBP O with IN O age NN B and CC O are VBP O continuing VBG O to TO O rise VB O for IN O all DT B age NN I groups NNS I over IN O 55 NN B , , O with IN O sharp JJ B increases NNS I for IN O everybody NN B but CC O white JJ B men NNS I . . O But CC O Dr. NNP B Fraumeni NNP I , , O one CD B of IN O the DT B authors NNS I of IN O the DT B report NN I , , O said VBD O `` `` O the DT B declining VBG I rates NNS I we PRP B 're VBP O seeing VBG O for IN O younger JJR B people NNS I we PRP B believe VBP O may MD O be VB O a DT B harbinger NN I of IN O declining VBG B mortality NN I in IN O the DT B future NN I . . O '' '' O However RB O , , O he PRP B stressed VBD O that IN O the DT B improvement NN I depends VBZ O on IN O a DT B continued VBN I reduction NN I in IN O smoking NN B . . O `` `` O Even RB O though IN O these DT B favorable JJ I trends NNS I in IN O lung-cancer NN B mortality NN I affect NN O all DT B sex NN I and CC I race NN I groups NNS I , , O they PRP B ca MD O n't RB O be VB O taken VBN O for IN O granted VBN O , , O '' '' O the DT B report NN I says NNS O . . O `` `` O Smoking NNP B prevention NN I programs NNS I should MD O reach VB O larger JJR B segments NNS I of IN O the DT B population NN I , , O especially RB B children NNS I , , I adolescents NNS I and CC I minorities NNS I . . O '' '' O An DT B editorial NN I in IN O the DT B NCI NNP I Journal NNP I says VBZ O the DT B report NN I of IN O declining VBG B lung-cancer NN I mortality NN I `` `` I among IN O young JJ B men NNS I and CC I women NNS I in IN O the DT B U.S. NNP I indicates VBZ O that IN O we PRP B finally RB O may MD O be VB O winning VBG O the DT B battle NN I -- : O this DT B even RB O in IN O a DT B country NN I where WRB O the DT B tobacco NN I industry NN I spends VBZ O over IN B $ $ I 2 CD I billion CD I a DT B year NN I for IN O promotion NN B of IN O the DT B addictive JJ I habit NN I of IN O smoking NN B . . O '' '' O But CC O the DT B editorial NN I , , O by IN O Jan NNP B Stjernsward NNP I of IN O the DT B World NNP I Health NNP I Organization NNP I , , O notes VBZ O that DT O tobacco NN B consumption NN I and CC I lung-cancer NN I mortality NN I rates NNS I are VBP O rising VBG O in IN O developing VBG B countries NNS I . . O `` `` O Non-smoking NN B should MD O be VB O established VBN O as IN O the DT B norm NN I of IN O social JJ B behavior NN I '' '' O around IN O the DT B world NN I , , O the DT B editorial NN I says VBZ O , , O through IN O the DT B enactment NN I of IN O laws NNS B that WDT B limit VBP O advertising VBG B , , O boost VB O tobacco NN B prices NNS I and CC O promote VB O anti-smoking JJ B education NN I . . O Asked VBN O for IN O comment NN B , , O Walker NNP B Merryman NNP I , , O a DT B vice NN I president NN I of IN O the DT B Tobacco NNP I Institute NNP I , , O said VBD O new JJ B efforts NNS I to TO O restrict VB O tobacco NN B advertising NN I in IN O the DT B U.S. NNP I could MD O violate VB O the DT B First NNP I Amendment NNP I protection NN I of IN O free JJ B speech NN I . . O According VBG O to TO O the DT B American NNP I Cancer NNP I Society NNP I , , O smoking NN B is VBZ O responsible JJ O for IN O 85 CD B % NN I of IN O the DT B lung-cancer NN I cases NNS I among IN O men NNS B and CC O 75 CD B % NN I among IN O women NNS B . . O The DT B NCI NNP I report NN I attributes VBZ O the DT B differences NNS I in IN O mortality NN B rates NNS I by IN O race NN B to TO O different JJ B smoking NN I patterns NNS I . . O A DT B higher JJR I proportion NN I of IN O black JJ B men NNS I smoke VBP O than IN O white JJ B men NNS I . . O While IN O nearly RB B equal JJ I percentages NNS I of IN O black JJ B and CC I white JJ I women NNS I currently JJ O smoke NN O , , O in IN O both DT B sexes NNS I more JJR B whites NNS I have VBP O given VBN O up IN O smoking NN B than IN O blacks NNS B . . O In IN O comparing VBG O changes NNS B in IN O mortality NN B rates NNS I over IN O the DT B past JJ I decade NN I , , O the DT B NCI NNP I study NN I looked VBD O only RB O at IN O blacks NNS B and CC I whites NNS I . . O Asians NNS B and CC O native JJ B Americans NNPS I were VBD O n't RB O studied VBN O ; : O Hispanics NNPS B were VBD O included VBN O with IN O whites NNS B . . O Recent JJ B changes NNS I in IN O average JJ B annual JJ I age-specific JJ I lung-cancer NN I rates NNS I per IN O 100,000 CD B population NN I by IN O race NN B and CC I sex NN I . . O White NNP B Males NNPS I White NNP B Females NNPS I Black NNP B Males NNPS I Black NNP B Females NNPS I Directors NNS B elected VBD O R. NNP B Marvin NNP I Womack NNP I , , O currently JJ O vice NN B president\/product NN I supply NN I , , I purchasing VBG I , , O to TO O head VB O the DT B company NN I 's POS B Washington NNP I , , I D.C. NNP I , , I office NN I . . O As IN O vice NN B president\/national-government NN I relations NNS I , , O Mr. NNP B Womack NNP I will MD O work VB O with IN O P&G NNP B 's POS B top JJ I management NN I and CC O with IN O the DT B company NN I 's POS B government-relations NNS I staff VBP I `` `` O to TO O represent VB O P&G NNP B 's POS B interests NNS I at IN O the DT B federal JJ I level NN I , , O '' '' O said VBD O John NNP B G. NNP I Smale NNP I , , O chairman NN B and CC O chief JJ B executive JJ I officer NN I . . O Mr. NNP B Smale NNP I said VBD O the DT B appointment NN I `` `` O recognizes VBZ O the DT B growing VBG I influence NN I of IN O government NN B on IN O our PRP$ B business NN I . . O '' '' O Mr. NNP B Womack NNP I , , O 53 CD B years NNS I old JJ O , , O has VBZ O been VBN O with IN O the DT B big JJ I producer NN I of IN O household NN B products NNS I , , O food NN B and CC O pharmaceuticals NNS B for IN O 30 CD B years NNS I . . O Traders NNS B trying VBG O to TO O profit VB O from IN O the DT B recent JJ I volatility NN I in IN O financial JJ B markets NNS I invaded VBD O the DT B Nasdaq NNP I over-the-counter JJ I market NN I , , O prompting VBG O even RB B more JJR I swings NNS I in IN O stock NN B prices NNS I . . O After IN O gaining VBG O strength NN B during IN O a DT B brief JJ I run-up NN I when WRB O trading NN B began VBD O , , O the DT B Nasdaq NNP I Composite NNP I Index NNP I weakened VBD O under IN O selling VBG B pressure NN I . . O The DT B forces NNS I at IN O work NN B included VBD O computer-guided JJ B trading NN I , , O as RB O well RB O as IN O profit-driven CD B market NN I makers NNS I and CC O institutional JJ B investors NNS I who WP B had VBD O bought VBN O stock NN B on IN O the DT B cheap NN I during IN O the DT B recent JJ I correction NN I . . O During IN O the DT B last JJ I two CD I hours NNS I of IN O trading NN B , , O the DT B composite JJ I almost RB O drew VBD O even RB O on IN O the DT B day NN I before IN O slipping VBG O again RB O . . O The DT B Nasdaq NNP I Composite NNP I closed VBD O down RB O 1.05 CD B , , O or CC O 0.2 CD B % NN I , , O to TO O 459.93 CD B . . O The DT B action NN I was VBD O confined VBN O to TO O Nasdaq NNP B 's POS B biggest JJS I and CC I most RBS I liquid JJ I stocks NNS I , , O traders NNS B said VBD O . . O The DT B Nasdaq NNP I 100 CD I Index NNP I began VBD O the DT B day NN I at IN O 449.89 CD B , , O lost VBD O 2 CD B % NN I at IN O one CD B point NN I , , O and CC O was VBD O up IN O 0.4 CD B % NN I at IN O another DT B . . O The DT B barometer NN I of IN O the DT B biggest JJS I nonfinancial JJ I stocks NNS I settled VBD O at IN O 448.49 CD B , , O off IN O 1.40 CD B . . O Its PRP$ B counterpart NN I , , O the DT B Nasdaq NNP I Financial NNP I Index NNP I , , O was VBD O weak JJ O for IN O most RBS B of IN O the DT B day NN I , , O sliding VBG O 2.51 CD B to TO O 453.57 CD B by IN O the DT B end NN I of IN O trading NN B . . O The DT B volatility NN I was VBD O dizzying JJ O for IN O traders NNS B . . O `` `` O The DT B market NN I must MD O have VB O turned VBN O up IN O and CC O down RB O 15 CD B different JJ I times NNS I , , O '' '' O commented VBD O Lance NNP B Zipper NNP I , , O head NN B of IN O OTC NNP B trading NN I at IN O Kidder NNP B Peabody NNP I . . O `` `` O Every DT B time NN I you PRP B thought VBD O it PRP B was VBD O going VBG O into IN O a DT B rally NN I it PRP B gave VBD O up IN O , , O and CC O every DT B time NN I you PRP B thought VBD O it PRP B would MD O rally VB O it PRP B came VBD O down RB O . . O This DT B is VBZ O a DT B tough JJ I market NN I . . O '' '' O Mr. NNP B Zipper NNP I said VBD O the DT B market NN I is VBZ O still RB O settling VBG O down RB O after IN O the DT B recent JJ I correction NN I . . O Most JJS B of IN O trading NN B action NN I now RB O is VBZ O from IN O professional JJ B traders NNS I who WP B are VBP O trying VBG O to TO O take VB O advantage NN B of IN O the DT B price NN I swings NNS I to TO O turn VB O a DT B quick JJ I profit NN I , , O he PRP B and CC O other JJ B traders NNS I said VBD O . . O `` `` O Everybody NN B 's POS O confused VBN O and CC O no DT B one CD I has VBZ O an DT B opinion NN I that WDT B lasts VBZ O longer RB O than IN O 30 CD B seconds NNS I , , O '' '' O said VBD O Mr. NNP B Zipper NNP I . . O `` `` O A DT B lot NN I of IN O the DT B professional JJ I traders NNS I are VBP O just RB O going VBG O back RB O and CC O forth RB O . . O They PRP B 're VBP O just RB O as IN O confused VBN O . . O '' '' O William NNP B Rothe NNP I , , O head NN B of IN O OTC NNP B trading NN I at IN O Alex NNP B . . I Brown NNP I & CC I Sons NNP I , , O in IN O Baltimore NNP B , , O said VBD O program NN B trading NN I is VBZ O keeping VBG O the DT B markets NNS I unsettled JJ O . . O He PRP B believes VBZ O that IN O the DT B volatile JJ I conditions NNS I created VBN O by IN O program NN B trading NN I has VBZ O `` `` O thoroughly RB O confused VBN O '' '' O investors NNS B about IN O where WRB O the DT B market NN I is VBZ O headed VBN O . . O Program NN B trading NN I is VBZ O `` `` O benefiting VBG O a DT B few JJ I to TO O the DT B detriment NN I of IN O many JJ B and CC O I PRP B wish VBP O someone NN B would MD O do VB O something NN B about IN O it PRP B , , O '' '' O he PRP B complained VBD O . . O Trading NN B activity NN I cooled VBN O off IN O from IN O Monday NNP B 's POS B sizzling JJ I pace NN I . . O Share NN B turnover NN I subsided VBD O to TO O 161.5 CD B million CD I . . O Advancing VBG B and CC I declining VBG I issues NNS I finished VBD O about IN O even RB O . . O Of IN O the DT B 4,345 CD I stocks NNS I that WDT B changed VBD O hands NNS B , , O 1,174 CD B declined VBD O and CC O 1,040 CD B advanced VBD O . . O One CD B big JJ I technology NN I issue NN I , , O Novell NNP B , , O rode VBD O the DT B roller NN I coaster NN I . . O The DT B stock NN I , , O which WDT B finished VBD O Monday NNP B at IN O 29 CD B 1\/2 CD I , , O traded VBD O as RB O high JJ O as IN O 29 CD B 3\/4 CD I and CC O as RB O low JJ O as IN O 28 CD B 3\/4 CD I before IN O closing VBG O at IN O 29 CD B 1\/4 CD I , , O down RB O 1\/4 CD B . . O It PRP B was VBD O a DT B jarring VBG I day NN I for IN O investors NNS B in IN O Genetics NNP B Institute NNP I . . O The DT B stock NN I tumbled VBD O 2 CD B 3\/4 CD I on IN O news NN B that IN O it PRP B might MD O have VB O to TO O take VB O a DT B charge NN I against IN O earnings NNS B if IN O it PRP B ca MD O n't RB O successfully RB O resolve VB O a DT B dispute NN I with IN O its PRP$ B European JJ I licensee NN I , , O Boehringer NNP B Mannheim NNP I , , O over IN O its PRP$ B anti-anemia NN I drug NN I , , O EPO NNP B . . O The DT B stock NN I recovered VBD O somewhat RB O to TO O finish VB O 1 CD B 1\/4 CD I lower JJR O at IN O 26 CD B 1\/4 CD I . . O In IN O a DT B statement NN I , , O Genetics NNP B Institute NNP I said VBD O the DT B dispute NN I with IN O Boehringer NNP B centers NNS O on IN O questions NNS B of IN O the DT B usability NN I of IN O certain JJ B batches NNS I of IN O EPO NNP B material NN I valued VBN O at IN O $ $ B 13.6 CD I million CD I . . O Earlier RBR O this DT B week NN I , , O Genetics NNP B Institute NNP I reported VBD O wider JJR B losses NNS I in IN O its PRP$ B fiscal JJ I third JJ I quarter NN I ended VBN O Aug. NNP B 31 CD I . . O Price NNP B Co. NNP I jumped VBD O 2 CD B 1\/4 CD I to TO O 44 CD B on IN O 1.7 CD B million CD I shares NNS I . . O The DT B wholesaler NN I of IN O cash NN B and CC I carry VB I merchandise NN I reported VBD O fiscal JJ B fourthquarter NN I earnings NNS I that WDT B were VBD O better JJR O than IN O analysts NNS B had VBD O expected VBN O . . O The DT B company NN I also RB O pleased VBD O analysts NNS B by IN O announcing VBG O four CD B new JJ I store NN I openings NNS I planned VBN O for IN O fiscal JJ B 1990 CD I , , O ending VBG O next JJ B August NNP I . . O That DT B will MD O bring VB O the DT B total NN I for IN O the DT B year NN I to TO O 10 CD B , , O from IN O five CD B during IN O fiscal JJ B 1989 CD I . . O `` `` O Every DT B year NN I we PRP B 've VBP O been VBN O waiting VBG O for IN O stepped-up JJ B expansion NN I from IN O the DT B company NN I . . O The DT B news NN I could MD O n't RB O have VB O been VBN O better JJR O , , O '' '' O said VBD O Linda NNP B Kristiansen NNP I , , O a DT B Dean NNP I Witter NNP I Reynolds NNP I analyst NN I , , O in IN O an DT B interview NN I . . O Intermec NNP B , , O a DT B maker NN I of IN O optical JJ B character-recognition NN I devices NNS I , , O also RB O reported VBD O higher JJR B third-quarter JJ I earnings NNS I . . O Its PRP$ B shares NNS I added VBD O 3\/4 CD B to TO O 30 CD B 3\/4 CD I . . O But CC O favorable JJ B earnings NNS I was VBD O n't RB O a DT B guarantee NN I that IN O a DT B stock NN I 's POS B price NN I would MD O improve VB O yesterday NN B . . O MCI NNP B Communications NNPS I tumbled VBD O 2 CD B 5\/8 CD I to TO O 42 CD B 3\/8 CD I on IN O 4.7 CD B million CD I shares NNS I even RB O though IN O the DT B telecommunications NNS I giant NN I reported VBD O a DT B 63 CD I % NN I increase NN I in IN O third-quarter JJ B profit NN I . . O CoreStates NNP B Financial NNP I slipped VBD O 3\/8 CD B to TO O 43 CD B 1\/8 CD I in IN O active JJ B trading NN I after IN O reporting VBG O that IN O third-quarter JJ B earnings NNS I improved VBN O to TO O $ $ B 1.27 CD I a DT B share NN I from IN O $ $ B 1.15 CD I a DT B share NN I a DT B year NN I earlier RBR O . . O However RB O , , O the DT B bank NN I holding VBG I company NN I 's POS B loan-loss NN I reserves NNS I rose VBD O to TO O $ $ B 177.3 CD I million CD I from IN O $ $ B 154 CD I million CD I a DT B year NN I earlier RBR O . . O A&W NNP B Brands NNP I lost VBD O 1\/4 CD B to TO O 27 CD B . . O But CC O its PRP$ B thirdquarter JJ I earnings NNS I rose VBD O to TO O 26 CD B cents NNS I a DT B share NN I from IN O 18 CD B cents NNS I a DT B share NN I last JJ B year NN I . . O Capital NNP B Associates NNPS I dropped VBD O 1 CD B to TO O 5 VB B 3\/8 CD I . . O The DT B company NN I , , O which WDT B leases VBZ O technology NN B equipment NN I , , O reported VBD O substantially RB B lower JJR I net JJ I income NN I for IN O its PRP$ B fiscal JJ I first JJ I quarter NN I , , O which WDT B ended VBN O Aug. NNP B 31 CD I . . O Robert NNP B M. NNP I Jelenic NNP I , , O 39 CD B , , O was VBD O named VBN O president NN B and CC O chief JJ B operating VBG I officer NN I of IN O this DT B closely RB I held VBN I publisher NN I . . O The DT B post NN I had VBD O been VBN O vacant JJ O for IN O more JJR B than IN I a DT I year NN I . . O Mr. NNP B Jelenic NNP I had VBD O been VBN O executive JJ B vice NN I president NN I for IN O operations NNS B . . O In IN O addition NN B , , O Ralph NNP B Ingersoll NNP I II NNP I , , O 43 CD B , , O chairman NN B and CC O chief JJ B executive NN I , , O said VBD O he PRP B would MD O take VB O on IN O additional JJ B responsibilities NNS I as IN O editor NN B in IN O chief NN B of IN O the DT B company NN I . . O John NNP B Wilpers NNP I resigned VBD O as IN O editor NN B in IN O chief NN B . . O Mr. NNP B Ingersoll NNP I remains VBZ O editor NN B in IN O chief NN B of IN O the DT B company NN I 's POS B recently RB I launched VBN I daily JJ I , , O the DT B St. NNP I Louis NNP I Sun NNP I . . O Also RB O , , O Jean NNP B B. NNP I Clifton NNP I , , O 28 CD B , , O was VBD O named VBN O executive JJ B vice NN I president NN I , , O treasurer NN B and CC O chief JJ B financial JJ I officer NN I . . O Michael NNP B Applebaum NNP I resigned VBD O after IN O less JJR B than IN I a DT I year NN I in IN O the DT B posts NNS I . . O Ms. NNP B Clifton NNP I had VBD O been VBN O executive NN B financial JJ I assistant NN I to TO O the DT B chairman NN I . . O Certainly RB O conservative JJ B environmentalists NNS I can MD O defend VB O their PRP$ B limited JJ I government NN I position NN I by IN O differentiating VBG O between IN O Old NNP B Environmentalism NNP I and CC O New NNP B Environmentalism NNP I -LRB- ( O `` `` O Journalists NNS B and CC I Others NNS I for IN O Saving VBG O the DT B Planet NNP I , , O '' '' O by IN O David NNP B Brooks NNP I , , O editorial NN B page NN I , , O Oct. NNP B 5 NN I -RRB- ) O . . O Old NNP B Environmentalism NNP I involved VBD O microbe NN B hunters NNS I and CC O sanitationists NNS B . . O It PRP B started VBD O with IN O improvements NNS B in IN O hygiene NN B made VBD O possible JJ O by IN O affordable JJ B soap NN I and CC O washable JJ B underwear NN I during IN O the DT B Industrial NNP I Revolution NNP I . . O Then RB O cast-iron NN B sewer NN I pipe NN I and CC O the DT B flush JJ I toilet NN I were VBD O followed VBN O by IN O sewage NN B - : I and CC I water-treatment NN I plants NNS I toward IN O the DT B end NN I of IN O the DT B 19th JJ I century NN I . . O Medicine NNP B in IN O the DT B 19th JJ I century NN I was VBD O dedicated VBN O mostly RB O to TO O combating VBG O sepsis NN B and CC O diagnostic JJ B analysis NN I . . O Then RB O the DT B 20th JJ I century NN I saw VBD O the DT B evolution NN I of IN O private-sector JJ B wonder NN I drugs NNS I , , O which WDT B promulgated VBD O medical JJ B therapy NN I . . O The DT B process NN I dramatically RB O increased VBD O our PRP$ B average JJ I life NN I expectancy NN I , , O eliminated VBN O much JJ B pain NN I and CC O constantly RB O improved VBN O health NN B and CC I well-being NN I . . O Most JJS B public-health JJ I measures NNS I were VBD O handled VBN O at IN O the DT B local JJ I level NN I . . O New NNP B Environmentalism NNP I probably RB O started VBD O in IN O 1962 CD B with IN O the DT B publication NN I of IN O Rachel NNP B Carson NNP I 's POS B book NN I `` `` O Silent NNP B Spring NNP I . . O '' '' O Shortly RB O thereafter RB O , , O hysterical JJ B articles NNS I began VBD O to TO O appear VB O predicting VBG O that WDT O advanced VBD B industrial JJ I societies NNS I would MD O produce VB O a DT B blackened VBN I , , I uninhabitable JJ I planet NN I possibly RB O by IN O the DT B turn NN I of IN O the DT B century NN I . . O These DT B apocalyptic JJ I predictions NNS I were VBD O advanced VBN O by IN O such JJ B stalwarts NNS I as IN O Paul NNP B Ehrlich NNP I , , O Barry NNP B Commoner NNP I , , O Rene NNP B Dubois NNP I and CC O George NNP B Wald NNP I . . O Writing VBG O in IN O the DT B 1960s CD I Ms. NNP B Carson NNP I suggested VBD O that IN O the DT B human JJ I race NN I could MD O be VB O eliminated VBN O in IN O 20 CD B years NNS I , , O and CC O Mr. NNP B Wald NNP I suggested VBD O that DT O life NN B on IN O earth NN B might MD O end VB O by IN O 1985 CD B . . O Mr. NNP B Ehrlich NNP I predicted VBD O unprecedented JJ B famine NN I by IN O 1980 CD B . . O There EX B were VBD O many RB B more JJR I . . O Thousands NNS B of IN O chemical NN B products NNS I were VBD O categorized VBN O as IN O carcinogenic JJ O , , O with IN O recommendations NNS B that IN O they PRP B be VBP O banned VBN O from IN O industrial JJ B use NN I because IN O they PRP B produced VBD O malignant JJ B tumors NNS I in IN O overdosed VBN B rats NNS I . . O Unknown JJ O before IN O 1960 CD B were VBD O the DT B inconclusive JJ I effects NNS I of IN O acid NN B rain NN I , , O greenhouse NN B warming NN I and CC O ozone NN B depletion NN I , , O all DT O of IN O which WDT B required VBD O burgeoning VBG B political JJ I power NN I and CC O gargantuan JJ B expense NN I . . O Meanwhile RB O , , O the DT B New NNP I Environmentalists NNS I systematically RB O opposed VBN O the DT B methods NNS I of IN O the DT B Old NNP I Environmentalists NNS I . . O Local JJ B pollution NN I problems NNS I require VBP O cheap JJ B energy NN I and CC O capital NN B for IN O their PRP$ B solution NN I . . O But CC O the DT B New NNP I Environmentalists NNS I oppose VBP O private JJ B wealth NN I creation NN I -LRB- ( O which WDT B , , O they PRP B claim VBP O , , O depletes VBZ O natural JJ B resources NNS I -RRB- ) O and CC O nuclear JJ B power NN I -LRB- ( O even RB O though IN O it PRP B would MD O counteract VB O the DT B greenhouse NN I effect NN I -RRB- ) O . . O They PRP B are VBP O in IN O the DT B forefront NN I of IN O opposing VBG O the DT B search NN I for IN O new JJ B landfills NNS I and CC I methods NNS I of IN O incineration NN B and CC O even RB O oppose VB O new JJ B methods NNS I of IN O research NN B such JJ O as IN O genetic JJ B engineering NN I . . O New NNP B Environmentalism NNP I is VBZ O an DT B emotional JJ I attack NN I on IN O proven VBN B methods NNS I of IN O improving VBG O our PRP$ B quality NN I of IN O life NN B and CC O a DT B bid NN I for IN O political JJ B power NN I . . O Let VB O 's POS B rationalize VB O our PRP$ B priorities NNS I by IN O solving VBG O pollution NN B problems NNS I at IN O the DT B local JJ I level NN I as IN O heretofore RB O . . O Harry NNP B Lee NNP I Smith NNP I Alpharetta NNP B , , O Ga NNP B . . O Your PRP$ B story NN I missed VBD O some DT B essential JJ I points NNS I of IN O the DT B conference NN I on IN O `` `` O The DT B Global NNP I Environment NNP I : : O Are VBP O We PRP B Overreacting VBG O ? . O '' '' O First NNP O and CC O foremost JJ O , , O the DT B vignettes NNS I presented VBN O by IN O the DT B various JJ I scientists NNS I represent VBP O a DT B general JJ I consensus NN I among IN O specialists NNS B working VBG O in IN O the DT B respective JJ I aspects NNS I of IN O the DT B global JJ I environment NN I . . O Consider VB O , , O for IN O example NN B , , O the DT B greenhouse NN I effect NN I and CC O climate NN B change NN I ; : O numerous JJ B blue-ribbon JJ I scientific JJ I committees NNS I , , O including VBG O one CD B from IN O the DT B National NNP I Academy NNP I of IN O Science NNP B , , O judge NN O there EX B is VBZ O a DT B greater JJR I than IN I 50 CD I % NN I probability NN I of IN O a DT B grave JJ I problem NN I in IN O the DT B offing NN I . . O The DT B point NN I was VBD O to TO O answer VB O the DT B question NN I in IN O the DT B conference NN I title NN I , , O not RB O to TO O try VB O to TO O create VB O news NN B stories NNS I for IN O the DT B event NN I itself PRP I . . O Nor CC O was VBD O it PRP B intended VBD O to TO O dictate VB O a DT B set NN I of IN O prescriptive JJ B solutions NNS I , , O although IN O various JJ B points NNS I were VBD O raised VBN O . . O Each DT B speaker NN I was VBD O asked VBN O to TO O address VB O a DT B specific JJ I topic NN I , , O not RB O deliver VB O a DT B point NN I of IN O view NN B . . O Each DT B scientist NN I independently RB O concluded VBD O society NN B and CC I government NN I are VBP O underreacting VBG O when WRB O it PRP B comes VBZ O to TO O substantive JJ B policy NN I change NN I . . O This DT B leads VBZ O to TO O a DT B very RB I special JJ I sense NN I of IN O urgency NN B . . O If IN O the DT B media NNS I decide VBP O to TO O work VB O harder JJR O at IN O educating VBG O the DT B public NN I about IN O these DT B complex JJ I and CC I technical JJ I issues NNS I , , O that IN B hardly RB O can MD O be VB O termed VBN O non-objective JJ B journalism NN I . . O The DT B environment NN I can MD O no RB O longer RB O be VB O a DT B normal JJ I issue NN I , , O to TO O be VB O dealt VBN O with IN O on IN O a DT B business-as-usual JJ I basis NN I with IN O comfortable JJ B increments NNS I of IN O change NN B . . O We PRP B have VBP O literally RB O altered VBN O the DT B chemistry NN I and CC I physics NN I of IN O our PRP$ B planet NN I 's POS B atmosphere NN I . . O This DT B portends VBZ O consequences NNS B from IN O what WP B we PRP B have VBP O already RB O done VBN O that WDT B will MD O be VB O very RB O destabilizing VBG O to TO O social JJ B and CC I economic JJ I systems NNS I . . O The DT B problems NNS I of IN O the DT B environment NN I are VBP O so RB O interrelated VBN O , , O so RB O inextricably RB O entwined VBN O with IN O our PRP$ B current JJ I way NN I of IN O life NN B and CC O so RB O large JJ O that IN O it PRP B is VBZ O unlikely JJ O we PRP B will MD O be VB O able JJ O to TO O address VB O them PRP B effectively RB O unless IN O major JJ B changes NNS I are VBP O made VBN O in IN O less JJR B than IN I 10 CD I years NNS I . . O The DT B consensus NN I from IN O the DT B scientific JJ I community NN I is VBZ O that IN O there EX B is VBZ O sufficient JJ B evidence NN I to TO O advise VB O major JJ B policy NN I changes NNS I . . O No DT O , , O we PRP B are VBP O not RB O overreacting VBG O . . O Thomas NNP B E. NNP I Lovejoy NNP I Assistant NNP B Secretary NNP I for IN O External NNP B Affairs NNP I Smithsonian NNP B Institution NNP I Coca-Cola NNP B Enterprises NNPS I Inc. NNP I , , O fulfilling VBG O its PRP$ B dismal JJ I earnings NNS I forecast NN I for IN O 1989 CD B , , O said VBD O its PRP$ B third-quarter JJ I net JJ I income NN I fell VBD O 68 CD B % NN I on IN O flat JJ B revenue NN I . . O Stung VBN O by IN O higher JJR B marketing NN I costs NNS I and CC O slowing VBG B volume NN I growth NN I , , O the DT B giant NN I Coke NNP I bottling NN I operation NN I said VBD O net NN B fell VBD O to TO O $ $ B 12.7 CD I million CD I , , O or CC O six CD B cents NNS I a DT B share NN I , , O from IN O $ $ B 39.9 CD I million CD I , , O or CC O 26 CD B cents NNS I a DT B share NN I , , O the DT B year NN I earlier RBR O . . O The DT B results NNS I met VBD O estimates NNS B of IN O analysts NNS B , , O who WP B had VBD O already RB O slashed VBN O their PRP$ B projections NNS I after IN O the DT B company NN I said VBD O in IN O late JJ B August NNP I that IN O its PRP$ B 1989 CD I earnings NNS I could MD O tumble VB O as RB B much JJ I as IN I 37 CD I % NN I . . O A DT B company NN I spokesman NN I said VBD O yesterday NN B that IN O Coca-Cola NNP B Enterprises NNPS I sticks NNS O by IN O its PRP$ B 1989 CD I forecast NN I . . O Third-quarter JJ B revenue NN I was VBD O flat JJ O at IN O $ $ B 1.02 CD I billion CD I . . O The DT B year-ago JJ I results NNS I , , O however RB O , , O included VBD O the DT B operations NNS I of IN O a DT B bottling NN I business NN I , , O which WDT B was VBD O sold VBN O last JJ B December NNP I . . O Excluding VBG O that DT B bottling NN I business NN I , , O Coca-Cola NNP B Enterprises NNPS I ' POS B volume NN I , , O measured VBN O by IN O cases NNS B of IN O soda NN B , , O rose VBD O only RB B 1 CD I % NN I . . O The DT B volume NN I is VBZ O well RB O below IN O the DT B industry NN I 's POS B 4 CD I % NN I to TO I 5 VB I % NN I growth NN I rate NN I of IN O recent JJ B years NNS I , , O but CC O in IN O line NN B with IN O other JJ B soft-drink NN I companies NNS I for IN O the DT B third JJ I quarter NN I . . O The DT B latest JJS I third-quarter JJ I volume NN I also RB O compares VBZ O with IN O a DT B very RB I strong JJ I 10 CD I % NN I growth NN I in IN O the DT B year-ago JJ I quarter NN I . . O Coca-Cola NNP B Enterprises NNPS I blamed VBD O the DT B lower JJR I volume NN I on IN O its PRP$ B soft-drink NN I prices NNS I , , O which WDT B were VBD O about IN O 3 CD O % NN O higher JJR O in IN O the DT B third JJ I quarter NN I . . O Consumers NNS B have VBP O been VBN O accustomed VBN O to TO O buying VBG O soft-drinks NNS B at IN O discounted VBN B prices NNS I for IN O several JJ B years NNS I . . O Coca-Cola NNP B Enterprises NNPS I said VBD O it PRP B had VBD O to TO O boost VB O spending NN B for IN O trade NN B and CC I dealer NN I incentives NNS I to TO O try VB O to TO O keep VB O volumes NNS B from IN O slipping VBG O . . O The DT B company NN I said VBD O it PRP B expects VBZ O consumers NNS B will MD O adjust VB O to TO O higher-priced JJ B soft JJ I drinks NNS I . . O A DT B spokesman NN I attributed VBD O the DT B bulk NN I of IN O a DT B 14 CD I % NN I increase NN I in IN O selling VBG B , , I administrative JJ I and CC I general JJ I expenses NNS I -- : O to TO O $ $ B 324.9 CD I million CD I -- : O to TO O marketing NN B costs NNS I . . O `` `` O They PRP B 're VBP O out IN O there RB B promoting VBG O like IN O crazy JJ O , , O trying VBG O to TO O get VB O prices NNS B up IN O by IN O promotion NN B , , O '' '' O said VBD O Roy NNP B Burry NNP I , , O an DT B analyst NN I with IN O Kidder NNP B , , I Peabody NNP I & CC I Co NNP I . . O For IN O the DT B nine CD I months NNS I , , O Coca-Cola NNP B Enterprises NNPS I ' POS B net NN I fell VBD O 31 CD B % NN I to TO O $ $ B 65 CD I million CD I , , O or CC O 39 CD B cents NNS I a DT B share NN I , , O from IN O $ $ B 93.8 CD I million CD I , , O or CC O 63 CD B cents NNS I a DT B share NN I . . O Revenue NN B was VBD O flat JJ O at IN O about RB B $ $ I 2.97 CD I billion CD I . . O Coca-Cola NNP B Enterprises NNPS I , , O which WDT B is VBZ O 49%-owned JJ O by IN O Coca-Cola NNP B Co. NNP I , , O also RB O said VBD O it PRP B repurchased VBD O about IN B 1.2 CD I million CD I of IN O its PRP$ B common JJ I shares NNS I during IN O the DT B third JJ I quarter NN I . . O The DT B buy-back NN I is VBZ O part NN B of IN O a DT B 25-million-share JJ I repurchase NN I plan NN I , , O under IN O which WDT B Coca-Cola NNP B Enterprises NNPS I so RB O far RB O has VBZ O acquired VBN O a DT B total NN I of IN O 9.7 CD B million CD I shares NNS I . . O Separately RB O , , O Purchase NNP B , , I N.Y.-based JJ I PepsiCo NNP I Inc. NNP I , , O as IN O expected VBN O , , O said VBD O fiscal JJ B third-quarter JJ I net NN I rose VBD O 11 CD B % NN I to TO O $ $ B 269.3 CD I million CD I , , O or CC O $ $ B 1.02 CD I a DT B share NN I , , O from IN O $ $ B 241.6 CD I million CD I , , O or CC O 91 CD B cents NNS I a DT B share NN I . . O Sales NNS B rose VBD O 25 CD B % NN I to TO O $ $ B 3.90 CD I billion CD I from IN O $ $ B 3.13 CD I billion CD I . . O The DT B year-ago JJ I quarter NN I 's POS B results NNS I include VBP O an DT B after-tax JJ I charge NN I of IN O $ $ B 5.9 CD I million CD I from IN O the DT B sale NN I of IN O a DT B winery NN I in IN O Spain NNP B . . O In IN O composite JJ B trading NN I on IN O the DT B New NNP I York NNP I Stock NNP I Exchange NNP I , , O Coca-Cola NNP B Enterprises NNPS I closed VBD O at IN O $ $ B 16.375 CD I a DT B share NN I , , O down RB O 62.5 CD B cents NNS I . . O PepsiCo NNP B closed VBD O at IN O $ $ B 58.50 CD I a DT B share NN I , , O up IN O $ $ B 1.375 CD I . . O L.J. NNP B Hooker NNP I Corp. NNP I is VBZ O expected VBN O to TO O reach VB O an DT B agreement NN I in IN O principle NN B this DT B week NN I to TO O sell VB O Merksamer NNP B Jewelers NNP I Inc. NNP I to TO O management NN B , , O say VBP O executives NNS B familiar JJ O with IN O the DT B talks NNS I . . O L.J. NNP B Hooker NNP I , , O based VBN O in IN O Atlanta NNP B , , O filed VBN O for IN O Chapter NN B 11 CD I bankruptcy NN I protection NN I earlier RBR O this DT B year NN I . . O Currently RB O , , O its PRP$ B parent NN I company NN I , , O Hooker NNP B Corp. NNP I of IN O Sydney NNP B , , O Australia NNP B , , O is VBZ O being VBG O managed VBN O by IN O a DT B court-appointed JJ I liquidator NN I . . O It PRP B is VBZ O expected VBN O that IN O GE NNP B Capital NNP I Corp. NNP I , , O a DT B financial-services NNS I subsidiary NN I of IN O General NNP B Electric NNP I Co. NNP I , , O will MD O provide VB O much NN O of IN O the DT B funding NN I for IN O the DT B proposed VBN I leveraged JJ I buy-out NN I of IN O Merksamer NNP B , , O based VBN O in IN O Sacramento NNP B , , O Calif NNP B . . O A DT B spokesman NN I for IN O GE NNP B Capital NNP I declined VBD O to TO O comment VB O . . O GE NNP B Capital NNP I has VBZ O a DT B working VBG I relationship NN I with IN O L.J. NNP B Hooker NNP I . . O It PRP B is VBZ O providing VBG O $ $ B 50 CD I million CD I in IN O emergency NN B financing NN I to TO O the DT B company NN I and CC O has VBZ O agreed VBN O to TO O buy VB O as RB B much JJ I as IN O $ $ B 75 CD I million CD I in IN O receivables NN B from IN O B. NNP B Altman NNP I & CC I Co. NNP I and CC O Bonwit NNP B Teller NNP I , , O L.J. NNP B Hooker NNP I 's POS B two CD I fully RB I owned VBN I department-store NN I chains NNS I . . O Sam NNP B Merksamer NNP I , , O chief JJ B executive JJ I officer NN I of IN O the DT B nationwide JJ I jewelry NN I chain NN I , , O and CC O Sanford NNP B Sigoloff NNP I , , O chief JJ B executive NN I of IN O L.J. NNP B Hooker NNP I Corp. NNP I , , O both DT B declined VBD O to TO O comment VB O . . O Currently RB O , , O Mr. NNP B Merksamer NNP I owns VBZ O 20 CD B % NN I of IN O the DT B company NN I ; : O L.J. NNP B Hooker NNP I acquired VBD O its PRP$ B 80 CD I % NN I interest NN I in IN O the DT B firm NN I in IN O May NNP B 1986 CD I . . O At IN O the DT B time NN I , , O the DT B Merksamer NNP I chain NN I had VBD O 11 CD B stores NNS I in IN O operation NN B . . O Today NN B , , O there EX B are VBP O 77 CD B units NNS I , , O all DT B located VBN O in IN O shopping NN B malls NNS I . . O In IN O recent JJ B weeks NNS I Mr. NNP B Merksamer NNP I has VBZ O approached VBN O a DT B number NN I of IN O his PRP$ B suppliers NNS I and CC O asked VBD O them PRP B to TO O provide VB O letters NNS B of IN O intent NN B saying VBG O they PRP B will MD O continue VB O shipping VBG O merchandise NN B to TO O the DT B chain NN I following VBG O the DT B buy-out NN I , , O say VBP O those DT B familiar NN O with IN O the DT B situation NN I . . O This DT B year NN I , , O a DT B number NN I of IN O retail JJ B leveraged JJ I buyouts NNS I have VBP O failed VBN O , , O causing VBG O jitters NNS B among IN O suppliers NNS B , , O and CC O Mr. NNP B Merksamer NNP I apparently RB O wanted VBD O assurances NNS B that IN O he PRP B wo MD O n't RB O have VB O delivery NN B problems NNS I . . O For IN O the DT B year NN I ended VBN O June NNP B 30 CD I , , I 1989 CD I , , O Merksamer NNP B Jewelers NNPS I had VBD O $ $ B 62 CD I million CD I of IN O revenue NN B and CC O operating VBG B profit NN I of IN O $ $ B 2.5 CD I million CD I . . O The DT B jewelery NN I chain NN I was VBD O put VBN O up IN O for IN O sale NN B in IN O June NNP B . . O According VBG O to TO O those DT B familiar NN O with IN O the DT B situation NN I , , O other JJ B bidders NNS I included VBD O Ratners NNP B Group NNP I PLC NNP I of IN O London NNP B and CC O Kay NNP B Jewelers NNP I Inc NNP I . . O First NNP B Boston NNP I Corp. NNP I is VBZ O advising VBG O L.J. NNP B Hooker NNP I on IN O the DT B sale NN I of IN O the DT B Merksamer NNP I business NN I . . O Merksamer NNP B was VBD O the DT B first JJ I in IN O a DT B series NN I of IN O retail JJ B acquisitions NNS I made VBN O by IN O L.J. NNP B Hooker NNP I . . O The DT B company NN I was VBD O founded VBN O in IN O Sacramento NNP B in IN O 1929 CD B by IN O two CD B brothers NNS I , , O Ralph NNP B and CC I Walter NNP I Merksamer NNP I , , O who WP B operated VBD O as IN O DeVon NNP B 's POS B Jewelers NNPS I . . O In IN O 1979 CD B , , O the DT B pair NN I split NN O the DT B company NN I in IN O half NN B , , O with IN O Walter NNP B and CC O his PRP$ B son NN I , , O Sam NNP B , , O agreeing VBG O to TO O operate VB O under IN O the DT B Merksamer NNP I Jewelery NNP I name NN I . . O The DT B sale NN I of IN O Merksamer NNP B Jewelers NNPS I is VBZ O subject NN O to TO O approval NN B by IN O Judge NNP B Tina NNP I Brozman NNP I of IN O U.S. NNP B Bankruptcy NNP I Court NNP I . . O As IN O earlier RBR O reported VBD O , , O L.J. NNP B Hooker NNP I this DT B week NN I received VBD O a DT B $ $ I 409 CD I million CD I bid NN I for IN O its PRP$ B three CD I shopping NN I malls NNS I , , O plus CC O other JJ B properties NNS I from IN O a DT B consortium NN I led VBN O by IN O Honolulu NNP B real-estate NN I investor NN I Jay NNP I Shidler NNP I and CC O A. NNP B Boyd NNP I Simpson NNP I , , O an DT B Atlanta NNP I developer NN I and CC O former JJ B L.J. NNP I Hooker NNP I senior JJ I executive NN I . . O The DT B offer NN I , , O which WDT B did VBD O n't RB O include VB O the DT B Merksamer NNP I chain NN I , , O is VBZ O being VBG O reviewed VBN O by IN O Mr. NNP B Sigoloff NNP I . . O Robert NNP B J. NNP I Regal NNP I was VBD O named VBN O president NN B and CC O chief JJ B executive JJ I officer NN I of IN O this DT B company NN I 's POS B Universal-Rundle NNP I Corp. NNP I unit NN I . . O Mr. NNP B Regal NNP I had VBD O been VBN O president NN B and CC O chief JJ B executive NN I of IN O RBS NNP B Industries NNP I Inc NNP I . . O Robert NNP B H. NNP I Carlson NNP I , , O previous JJ B president NN I and CC I chief JJ I executive NN I of IN O Universal-Rundle NNP B , , O will MD O assume VB O the DT B title NN I of IN O chairman NN B of IN O the DT B unit NN I , , O a DT B vitreous-china NN I maker NN I . . O The DT B days NNS I may MD O be VB O numbered VBN O for IN O animated JJ B shows NNS I featuring VBG O Alf NNP B , , O the DT B Karate NNP I Kid NNP I and CC O the DT B Chipmunks NNPS I . . O NBC NNP B , , O a DT B leader NN I in IN O morning NN B , , I prime-time JJ I and CC I late JJ I night NN I programs NNS I but CC O an DT B also-ran NN I on IN O Saturday NNP B mornings NNS I , , O when WRB O children NNS B rule VBP O the DT B TV NN I set VBN I , , O is VBZ O contemplating VBG O getting VBG O out IN O of IN O the DT B cartoon NN I business NN I . . O Instead RB O , , O network NN B officials NNS I say VBP O , , O it PRP B may MD O `` `` O counterprogram VB O '' '' O with IN O shows VBZ B for IN O an DT B audience NN I that WDT B is VBZ O virtually RB O ignored VBN O in IN O that DT B time NN I period NN I : : O adults NNS B . . O `` `` O There EX B is VBZ O talk VB B of IN O some DT B revamping VBG I and CC O we PRP B 're VBP O certainly RB O heading VBG O in IN O the DT B direction NN I of IN O less JJR B and CC I less JJR I animation NN I , , O '' '' O said VBD O Joseph NNP B S. NNP I Cicero NNP I , , O vice NN B president NN I of IN O finance NN B and CC I administration NN I for IN O National NNP B Broadcasting NNP I Co. NNP I , , O a DT B unit NN I of IN O General NNP B Electric NNP I Co NNP I . . O Mr. NNP B Cicero NNP I said VBD O that IN O NBC NNP B Entertainment NNP I president NNP I Brandon NNP I Tartikoff NNP I , , O who WP B declined VBD O to TO O be VB O interviewed VBN O , , O is VBZ O `` `` O looking VBG O at IN O options NNS B now RB O and CC O may MD O put VB O some DT B things NNS I into IN O the DT B schedule NN I by IN O mid-season NN B . . O '' '' O He PRP B declined VBD O to TO O elaborate VB O . . O NBC NNP B 's POS B options NNS I could MD O range VB O from IN O news-oriented JJ B programming NN I to TO O sports NNS B shows VBZ I , , O although IN O the DT B network NN I declined VBD O to TO O comment VB O . . O One CD B major JJ I NBC NNP I affiliate NN I , , O KCRA NNP B in IN O Sacramento NNP B , , O plans VBZ O to TO O cancel VB O the DT B NBC NNP I Saturday NNP I morning NN I line-up NN I as IN O of IN O January NNP B and CC O replace VB O it PRP B with IN O a DT B local JJ I newscast NN I . . O The DT B one-hour JJ I program NN I will MD O be VB O repeated VBN O with IN O updates NNS B throughout IN O Saturday NNP B mornings NNS I . . O `` `` O We PRP B feel VBP O there EX B is VBZ O an DT B opportunity NN I for IN O an DT B audience NN I that WDT B is VBZ O not RB O being VBG O served VBN O by IN O any DT B network NN I , , O so IN O we PRP B want VBP O to TO O take VB O the DT B lead NN I , , O '' '' O says VBZ O KCRA NNP B 's POS B general JJ I manager NN I , , O John NNP B Kueneke NNP I . . O `` `` O We PRP B do VBP O n't RB O need VB O cartoons NNS B anymore RB O . . O They PRP B only RB O accounted VBD O for IN O 5 NN B % NN I , , O at IN O best JJS O , , O of IN O the DT B station NN I 's POS B total JJ I revenues NNS I . . O '' '' O An DT B NBC NNP I spokesman NN I says VBZ O the DT B network NN I will MD O `` `` O closely RB O monitor VB O '' '' O the DT B Sacramento NNP I situation NN I , , O and CC O says VBZ O it PRP B is VBZ O the DT B only JJ I station NN I to TO O defect VB O . . O Spokesmen NNS B for IN O the DT B television NN I networks NNS I of IN O CBS NNP B Inc. NNP I and CC O Capital NNP B Cities\/ABC NNP I Inc. NNP I , , O say VBP O there EX B are VBP O no DT B plans NNS I to TO O alter VB O the DT B children NNS I 's POS B line-up NN I on IN O Saturday NNP B mornings NNS I . . O The DT B youthful JJ I audience NN I for IN O Saturday NNP B programming NN I is VBZ O no RB O longer RB O dependent JJ O on IN O the DT B networks NNS I . . O There EX B has VBZ O been VBN O a DT B surge NN I in IN O syndicated VBN O children NNS B 's POS I shows VBZ O to TO O independent JJ B stations NNS I , , O as RB O well RB O as IN O competition NN B from IN O videocassettes NNS B for IN O kids NNS B and CC O from IN O cable NN B outlets NNS I such JJ O as IN O Nickelodeon NNP B and CC O the DT B Disney NNP I Channel NNP I . . O At IN O the DT B same JJ I time NN I , , O there EX B appears VBZ O to TO O be VB O a DT B market NN I for IN O news-oriented JJ B programming NN I ; : O Turner NNP B Broadcasting NNP I System NNP I Inc. NNP I 's POS B Cable NNP I News NNP I Network NNP I has VBZ O its PRP$ B highest JJS I ratings NNS I , , O outside IN O of IN O prime JJ B time NN I , , O on IN O Saturday NNP B mornings NNS I . . O NBC NNP B has VBZ O on IN O previous JJ B occasions NNS I considered VBN O replacing VBG O cartoons NNS B with IN O a DT B Saturday NNP I version NN I of IN O `` `` O Today NN B , , O '' '' O which WDT B is VBZ O produced VBN O by IN O NBC NNP B News NNP I . . O The DT B network NN I 's POS B own JJ I production NN I company NN I , , O NBC NNP B Productions NNPS I , , O supplies VBZ O a DT B half-hour NN I family-oriented JJ I show NN I titled VBN O `` `` O Saved NNP O By IN O The DT B Bell NNP I . . O '' '' O NBC NNP B Productions NNPS I or CC O NBC NNP B News NNP I could MD O supply VB O the DT B network NN I with IN O other JJ B Saturday NNP I morning NN I shows VBZ I , , O a DT B move NN I that WDT B would MD O control VB O costs NNS B . . O Animated JJ B shows NNS I , , O which WDT B are VBP O made VBN O by IN O outside IN B production NN I companies NNS I , , O cost NN O the DT B network NN I about RB B $ $ I 300,000 CD I per IN O episode NN B . . O Rohm NNP B & CC I Haas NNP I Co. NNP I said VBD O third-quarter JJ B net JJ I income NN I skidded VBD O 35 CD B % NN I to TO O $ $ B 32.6 CD I million CD I , , O or CC O 49 CD B cents NNS I a DT B share NN I . . O In IN O the DT B year-earlier JJ I quarter NN I , , O the DT B chemicals NNS I company NN I had VBD O net NN B of IN O $ $ B 49.8 CD I million CD I , , O or CC O 75 CD B cents NNS I a DT B share NN I . . O Sales NNS B were VBD O $ $ B 623 CD I million CD I , , O up IN O 0.5 CD B % NN I from IN O $ $ B 619.8 CD I million CD I a DT B year NN I ago RB O . . O Rohm NNP B & CC I Haas NNP I , , O which WDT B plans VBZ O to TO O start VB O operating VBG O seven CD B new JJ I production NN I units NNS I this DT B year NN I , , O attributed VBD O the DT B profit NN I slide NN I partly RB O to TO O higher JJR B start-up JJ I expense NN I . . O The DT B company NN I also RB O cited VBD O the DT B stronger JJR I dollar NN I , , O which WDT B cuts VBZ O the DT B value NN I of IN O overseas JJ B profit NN I when WRB O it PRP B is VBZ O translated VBN O into IN O dollars NNS B . . O In IN O addition NN B , , O the DT B company NN I said VBD O , , O it PRP B was VBD O hurt VBN O by IN O higher JJR B than IN I previous-year JJ I costs NNS I for IN O raw JJ B materials NNS I , , O though IN O those DT B costs NNS I have VBP O declined VBN O since IN O the DT B second JJ I quarter NN I . . O Incrementally RB B higher JJR I production NN I of IN O those DT B chemicals NNS I which WDT B remain VBP O in IN O heavy JJ B demand NN I also RB O has VBZ O forced VBN O up IN O costs NNS B , , O such JJ O as IN O overtime NN B pay NN I . . O For IN O the DT B nine CD I months NNS I , , O Rohm NNP B & CC I Haas NNP I net NN I totaled VBD O $ $ B 155 CD I million CD I , , O or CC O $ $ B 2.33 CD I a DT B share NN I , , O down RB O 17 CD B % NN I from IN O $ $ B 187.8 CD I million CD I , , O or CC O $ $ B 2.82 CD I a DT B share NN I , , O a DT B year NN I ago RB O . . O Sales NNS B rose VBD O 5.2 CD B % NN I to TO O $ $ B 2.04 CD I billion CD I from IN O $ $ B 1.94 CD I billion CD I the DT B previous JJ I year NN I . . O In IN O New NNP B York NNP I Stock NNP I Exchange NNP I composite JJ I trading NN I , , O Rohm NNP B & CC I Haas NNP I closed VBD O at IN O $ $ B 33 CD I a DT B share NN I , , O down RB O $ $ B 1.75 CD I . . O Michael NNP B A. NNP I Gaskin NNP I , , O 55 NN B years NNS I old JJ O , , O was VBD O named VBN O president NN B and CC O chief JJ B executive JJ I officer NN I of IN O this DT B manufacturer NN I of IN O industrial JJ B robots NNS I , , O succeeding VBG O Walter NNP B K. NNP I Weisel NNP I . . O Mr. NNP B Weisel NNP I , , O 49 CD B , , O resigned VBD O as IN O president NN B and CC O chief JJ B executive NN I and CC O will MD O work VB O on IN O special JJ B projects NNS I , , O said VBD O John NNP B J. NNP I Wallace NNP I , , O chairman NN B . . O Mr. NNP B Gaskin NNP I formerly RB O was VBD O president NN B and CC O chief JJ B executive NN I of IN O Taylor NNP B & CC I Gaskin NNP I Inc. NNP I and CC O was VBD O a DT B director NN I of IN O Prab NNP B Robots NNP I since IN O 1985 CD B . . O Stephen NNP B N. NNP I Wertheimer NNP I was VBD O named VBN O managing VBG B director NN I and CC O group NN B head NN I of IN O investment NN B banking NN I in IN O Asia NNP B , , O based VBN O in IN O Tokyo NNP B . . O Mr. NNP B Wertheimer NNP I , , O 38 CD B years NNS I old JJ O , , O had VBD O been VBN O a DT B first JJ I vice NN I president NN I in IN O the DT B industrial JJ I group NN I in IN O investment NN B banking NN I . . O He PRP B succeeds VBZ O Everett NNP B Meyers NNP I , , O who WP B resigned VBD O in IN O May NNP B . . O This DT B is VBZ O written VBN O to TO O correct VB O a DT B misquotation NN I in IN O your PRP$ B Oct. NNP I 3 CD I article NN I `` `` O Deaths NNP B From IN O Advanced NNP B Colon NNP I Cancer NNP I Can MD O Be VB O Reduced NNP O by IN O Using VBG O Two CD B Drugs NNS I . . O '' '' O In IN O this DT B article NN I , , O I PRP B was VBD O alleged VBN O to TO O have VB O said VBD O , , O `` `` O Any DT B patient NN I with IN O high-risk JJ B colon NN I cancer NN I is VBZ O really RB O getting VBG O short JJ B shrift NN I if IN O he PRP B 's VBZ O not RB O getting VBG O this DT B therapy NN I . . O '' '' O I PRP B did VBD O n't RB O say VB O this DT B , , O and CC O I PRP B 'm VBP O totally RB O opposed VBN O to TO O the DT B philosophy NN I expressed VBN O by IN O the DT B quote NN I . . O I PRP B have VBP O not RB O offered VBN O and CC O will MD O not RB O offer VB O routine JJ B therapy NN I with IN O the DT B two CD I drugs NNS I , , O levamisole NN B and CC I 5-fluorouracil JJ I , , O to TO O any DT B of IN O my PRP$ B colon-cancer NN I patients NNS I . . O With IN O this DT B treatment NN I we PRP B have VBP O reduced VBN O deaths NNS B in IN O high-risk JJ B colon NN I cancer NN I by IN O one-third NN B -- : O but CC O this DT B leaves VBZ O the DT B two-thirds NNS I who WP B are VBP O dying VBG O of IN O cancer NN B . . O This DT B is VBZ O not RB O nearly RB O good JJ O enough RB O . . O I PRP B believe VBP O any DT B physician NN I who WP B truly RB O cares VBZ O about IN O cancer NN B patients NNS I , , O both DT B today NN I and CC I tomorrow NN I , , O should MD O offer VB O the DT B hope NN I of IN O something NN B better JJR O than IN O that DT B . . O My PRP$ B statement NN I , , O read VB O verbatim RB O from IN O a DT B printed VBN I text NN I available JJ O to TO O all DT B reporters NNS I attending VBG O the DT B National NNP I Cancer NNP I Institute NNP I news NN I conference NN I , , O was VBD O the DT B following VBG I : : O `` `` O New NNP B clinical JJ I trials NNS I are VBP O already RB O in IN O operation NN B seeking VBG O to TO O improve VB O these DT B results NNS I . . O These DT B research NN I protocols NNS I offer VBP O to TO O the DT B patient NN I not RB O only RB O the DT B very RB I best JJS I therapy NN I which WDT B we PRP B have VBP O established VBN O today NN B but CC O also RB O the DT B hope NN I of IN O something NN B still RB O better JJR O . . O I PRP B feel VBP O any DT B patient NN I with IN O high-risk JJ B cancer NN I is VBZ O getting VBG O short JJ B shrift NN I if IN O he PRP B is VBZ O not RB O offered VBN O this DT B opportunity NN I . . O '' '' O We PRP B have VBP O very RB B exciting JJ I prospects NNS I for IN O far RB B more RBR I impressive JJ I advances NNS I in IN O the DT B treatment NN I of IN O colon NN B cancer NN I during IN O the DT B years NNS I immediately RB O ahead RB O . . O This DT B hope NN I , , O however RB O , , O will MD O never RB O be VB O realized VBN O if IN O we PRP B use VBP O levamisole NN B and CC I 5-fluorouracil JJ I as IN O a DT B stopping VBG I point NN I . . O Charles NNP B G. NNP I Moertel NNP I M.D NNP I . . I Mayo NNP B Clinic NNP I Rochester NNP B , , O Minn NNP B . . O The DT B oil NN I and CC I auto NN I industries NNS I , , O united VBN O in IN O their PRP$ B dislike NN I of IN O President NNP B Bush NNP I 's POS B proposal NN I for IN O cars NNS B that WDT B run VBP O on IN O alternative NN B fuels NNS I , , O announced VBD O a DT B joint JJ I research NN I program NN I that WDT B could MD O turn VB O up IN O a DT B cleaner-burning JJ I gasoline NN I . . O Officials NNS B of IN O the DT B Big NNP I Three CD I auto NN I makers NNS I and CC O 14 CD B petroleum NN I companies NNS I said VBD O they PRP B are VBP O setting VBG O out IN O to TO O find VB O the DT B most RBS I cost-effective JJ I fuel NN I for IN O reducing VBG O cities NNS B ' POS B air-pollution NN I problems NNS I , , O with IN O no DT B bias NN I toward IN O any DT B fuel NN I in IN O particular NN B . . O However RB O , , O their PRP$ B search NN I notably RB O wo MD O n't RB O include VB O natural JJ B gas NN I or CC O pure JJ B methanol NN I -- : O the DT B two CD I front-running JJ I alternative NN I fuels NNS I -- : O in IN O tests NNS B to TO O be VB O completed VBN O by IN O next JJ B summer NN I . . O Instead RB O , , O the DT B tests NNS I will MD O focus VB O heavily RB O on IN O new JJ B blends NNS I of IN O gasoline NN B , , O which WDT B are VBP O still RB O undeveloped JJ O but CC O which WDT B the DT B petroleum NN I industry NN I has VBZ O been VBN O touting VBG O as IN O a DT B solution NN I for IN O automobile NN B pollution NN I that WDT B is VBZ O choking VBG O urban JJ B areas NNS I . . O Environmentalists NNS B criticized VBD O the DT B program NN I as IN O merely RB B a DT I public-relations NNS I attempt VBP I to TO O head VB O off IN O a DT B White NNP I House NNP I proposal NN I to TO O require VB O a DT B million CD I cars NNS I a DT B year NN I that WDT B run VBP O on IN O cleaner-burning JJ B fuels NNS I by IN O 1997 CD B . . O While IN O major JJ B oil NN I companies NNS I have VBP O been VBN O experimenting VBG O with IN O cleaner-burning JJ B gasoline NN I blends NNS I for IN O years NNS B , , O only RB B Atlantic NNP I Richfield NNP I Co. NNP I is VBZ O now RB O marketing VBG O a DT B lower-emission NN I gasoline NN I for IN O older JJR B cars NNS I currently RB O running VBG O on IN O leaded JJ B fuel NN I . . O The DT B initial JJ I $ $ I 11 CD I million CD I research NN I program NN I will MD O conduct VB O the DT B most RBS I extensive JJ I testing NN I to TO O date VB B of IN O reformulated VBN B gasolines NNS I , , O said VBD O Joe NNP B Colucci NNP I , , O head NN B of IN O fuels NNS B and CC I lubricants NNS I at IN O General NNP B Motors NNPS I Corp. NNP I research NN I laboratories NNS I . . O It PRP B will MD O compare VB O 21 CD B different JJ I blends NNS I of IN O gasolines NNS B with IN O three CD B mixtures NNS I of IN O up IN B to TO I 85 CD I % NN I methanol NN I . . O A DT B second JJ I phase NN I of IN O research NN B , , O which WDT B is VBZ O still RB O being VBG O planned VBN O , , O will MD O test VB O reformulated VBN B gasolines NNS I on IN O newer JJR B engine NN I technologies NNS I now RB O being VBG O developed VBN O for IN O use NN B in IN O 1992 CD B or CC I 1993 CD I cars NNS I . . O There EX B was VBD O no DT B cost NN I estimate NN I for IN O the DT B second JJ I phase NN I . . O `` `` O The DT B whole JJ I idea NN I here RB I is VBZ O the DT B automobile NN I and CC I oil NN I companies NNS I have VBP O joint JJ B customers NNS I , , O '' '' O said VBD O Keith NNP B McHenry NNP I , , O a DT B senior JJ I vice NN I president NN I of IN O technology NN B at IN O Amoco NNP B Corp NNP I . . O `` `` O And CC O we PRP B are VBP O looking VBG O for IN O the DT B most RBS I cost-effective JJ I way NN I to TO O clean VB O up IN O the DT B air NN I . . O '' '' O But CC O David NNP B Hawkins NNP I , , O an DT B environmental JJ I lawyer NN I with IN O the DT B Natural NNP I Resources NNP I Defense NNP I Council NNP I , , O said VBD O the DT B research NN I appears VBZ O merely RB O to TO O be VB O a DT B way NN I to TO O promote VB O reformulated VBN B gasoline NN I . . O Oil NNP B and CC I auto NN I companies NNS I supported VBD O a DT B move NN I on IN O Capitol NNP B Hill NNP I last JJ B week NN I to TO O gut VB O Mr. NNP B Bush NNP I 's POS B plans NNS I to TO O require VB O auto NN B makers NNS I to TO O begin VB O selling VBG O alternative-fueled JJ B cars NNS I by IN O 1995 CD B . . O Instead RB O , , O a DT B House NNP I subcommittee NN I adopted VBD O a DT B clean-fuels NNS I program VBP I that WDT B specifically RB O mentions VBZ O reformulated VBN B gasoline NN I as IN O an DT B alternative NN I . . O The DT B Bush NNP I administration NN I has VBZ O said VBD O it PRP B will MD O try VB O to TO O resurrect VB O its PRP$ B plan NN I when WRB O the DT B House NNP I Energy NNP I and CC I Commerce NNP I Committee NNP I takes VBZ O up IN O a DT B comprehensive JJ I clean-air JJ I bill NN I . . O William NNP B Seidman NNP I , , O chairman NN B of IN O the DT B Federal NNP I Deposit NNP I Insurance NNP I Corp. NNP I , , O said VBD O Lincoln NNP B Savings NNP I & CC I Loan NNP I Association NNP I should MD O have VB O been VBN O seized VBN O by IN O the DT B government NN I in IN O 1986 CD B to TO O contain VB O losses NNS B that IN B he PRP B estimated VBD O will MD O cost VB O taxpayers NNS B as RB B much JJ I as IN I $ $ I 2 CD I billion CD I . . O Mr. NNP B Seidman NNP I , , O who WP B has VBZ O been VBN O the DT B nation NN I 's POS B top JJ I bank NN I regulator NN I , , O inherited VBD O the DT B problems NNS I of IN O Lincoln NNP B , , O based VBN O in IN O Irvine NNP B , , O Calif. NNP B , , O after IN O his PRP$ B regulatory JJ I role NN I was VBD O expanded VBN O by IN O the DT B new JJ I savings-and-loan JJ I bailout NN I law NN I . . O He PRP B made VBD O his PRP$ B comments NNS I before IN O House NNP B Banking NNP I Committee NNP I hearings NNS I to TO O investigate VB O what WP B appears VBZ O to TO O be VB O the DT B biggest JJS I thrift NN I disaster NN I in IN O a DT B scandal-ridden JJ I industry NN I . . O The DT B inquiry NN I also RB O will MD O cover VB O the DT B actions NNS I of IN O Charles NNP B Keating NNP I Jr. NNP I , , O who WP B is VBZ O chairman NN B of IN O American NNP B Continental NNP I Corp. NNP I , , O Lincoln NNP B 's POS B parent NN I , , O and CC O who WP B contributed VBD O heavily RB O to TO O several JJ B U.S. NNP I senators NNS I . . O Mr. NNP B Seidman NNP I told VBD O the DT B committee NN I that IN O the DT B Resolution NNP I Trust NNP I Corp. NNP I , , O the DT B agency NN I created VBN O to TO O sell VB O sick JJ B thrifts NNS I , , O has VBZ O studied VBN O Lincoln NNP B 's POS B examination NN I reports NNS I by IN O former JJ B regulators NNS I dating VBG O back RB O to TO O 1986 CD B . . O `` `` O My PRP$ B staff NN I indicated VBD O that WDT O had VBD O we PRP B made VBD O such JJ B findings NNS I in IN O one CD B of IN O our PRP$ B own JJ I institutions NNS I , , O we PRP B would MD O have VB O sought VBN O an DT B immediate JJ I cease-and-desist JJ I order NN I to TO O stop VB O the DT B hazardous JJ I operations NNS I , , O '' '' O Mr. NNP B Seidman NNP I said VBD O . . O When WRB O Lincoln NNP B was VBD O seized VBN O by IN O the DT B government NN I , , O for IN O example NN B , , O 15 CD B % NN I of IN O its PRP$ B loans NNS I , , O or CC O $ $ B 250 CD I million CD I , , O were VBD O to TO O borrowers NNS B who WP B were VBD O buying VBG O real JJ B estate NN I from IN O one CD B of IN O American NNP B Continental NNP I 's POS B 50 CD I other JJ I subsidiaries NNS I , , O according VBG O to TO O Mr. NNP B Seidman NNP I . . O But CC O the DT B government NN I did VBD O n't RB O step VB O in IN O until IN O six CD B months NNS I ago RB O , , O when WRB O thrift NN B officials NNS I put VBP O Lincoln NNP B into IN O conservatorship NN B -- : O the DT B day NN I after IN O American NNP B Continental NNP I filed VBD O for IN O Chapter NN B 11 CD I bankruptcy NN I protection NN I from IN O creditors NNS B . . O The DT B bankruptcy NN I filing NN I , , O the DT B government NN I has VBZ O charged VBN O in IN O a DT B $ $ I 1.1 CD I billion CD I civil JJ I lawsuit NN I , , O was VBD O part NN B of IN O a DT B pattern NN I to TO O shift VB O insured VBN B deposits NNS I to TO O the DT B parent NN I company NN I , , O which WDT B used VBD O the DT B deposits NNS I as IN O a DT B cache NN I for IN O real-estate NN B deals NNS I . . O The DT B deposits NNS I that WDT B have VBP O been VBN O transferred VBN O to TO O other JJ B subsidiaries NNS I are VBP O now RB O under IN O the DT B jurisdiction NN I of IN O the DT B bankruptcy NN I court NN I . . O `` `` O I PRP B think VBP O it PRP B 's VBZ O fairly RB O clear JJ O -LCB- ( O Mr. NNP B Keating NNP I -RCB- ) O knew VBD O , , O '' '' O that IN O regulators NNS B were VBD O set VBN O to TO O seize VB O Lincoln NNP B , , O Mr. NNP B Seidman NNP I said VBD O . . O Further JJ B investigation NN I , , O he PRP B said VBD O , , O may MD O result VB O in IN O further JJ B actions NNS I against IN O Lincoln NNP B 's POS B executives NNS I , , O said VBD O Mr. NNP B Seidman NNP I , , O `` `` O including VBG O fraud NN B actions NNS I . . O '' '' O Mr. NNP B Keating NNP I , , O for IN O his PRP$ B part NN I , , O has VBZ O filed VBN O suit NN B alleging VBG O that IN O regulators NNS B unlawfully RB O seized VBN O the DT B thrift NN I . . O Leonard NNP B Bickwit NNP I , , O an DT B attorney NN I in IN O Washington NNP B for IN O Mr. NNP B Keating NNP I , , O declined VBD O to TO O comment VB O on IN O the DT B hearings NNS I , , O except VB O to TO O say VB O , , O `` `` O We PRP B will MD O be VB O responding VBG O comprehensively RB O in IN O several JJ B forums NNS I to TO O each DT B of IN O these DT B allegations NNS I at IN O the DT B appropriate JJ I time NN I . . O '' '' O Lincoln NNP B 's POS B treatment NN I by IN O former JJ B thrift NN I regulators NNS I , , O in IN O an DT B agency NN I disbanded VBN O by IN O the DT B new JJ I law NN I , , O has VBZ O proved VBN O embarrassing JJ O for IN O five CD B senators NNS I who WP B received VBD O thousands NNS B of IN O dollars NNS B in IN O campaign NN B contributions NNS I from IN O Mr. NNP B Keating NNP I . . O Mr. NNP B Seidman NNP I said VBD O yesterday NN B , , O for IN O example NN B , , O that IN O Sen. NNP B Dennis NNP I DeConcini NNP I -LRB- ( O D. NNP B , , O Ariz. NNP B -RRB- ) O , , O who WP B received VBD O $ $ B 48,100 CD I in IN O contributions NNS B from IN O Mr. NNP B Keating NNP I , , O phoned VBD O Mr. NNP B Seidman NNP I to TO O request VB O that IN O he PRP B push VBP O for IN O a DT B sale NN I of IN O Lincoln NNP B before IN O it PRP B would MD O be VB O seized VBN O . . O After IN O the DT B government NN I lawsuit NN I was VBD O filed VBN O against IN O Lincoln NNP B , , O Sen. NNP B DeConcini NNP I returned VBD O the DT B campaign NN I contributions NNS I . . O The DT B senator NN I 's POS B spokesman NN I said VBD O yesterday NN B that IN O he PRP B pushed VBD O for IN O the DT B sale NN I of IN O Lincoln NNP B because IN O `` `` O hundreds NNS B of IN O Arizona NNP B jobs NNS I -LCB- ( O at IN O Lincoln NNP B -RCB- ) O were VBD O on IN O the DT B line NN I . . O '' '' O Senate NNP B Banking NNP I Committee NNP I Chairman NNP I Donald NNP I Riegle NNP I -LRB- ( O D. NNP B , , O Mich NNP B . . I -RRB- ) O has VBZ O also RB O returned VBN O contributions NNS B he PRP B received VBD O from IN O Mr. NNP B Keating NNP I a DT B year NN I ago RB O . . O Sens. NNP O John NNP O Glenn NNP O -LRB- ( O D. NNP B , , O Ohio NNP B -RRB- ) O , , O John NNP O McCain NNP O , , O -LRB- ( O R. NNP B , , O Ariz. NNP B -RRB- ) O and CC O Alan NNP O Cranston NNP O -LRB- ( O D. NNP B , , O Calif. NNP B -RRB- ) O also RB O received VBD O substantial JJ B contributions NNS I from IN O Mr. NNP B Keating NNP I and CC O sought VBD O to TO O intervene VB O on IN O behalf NN B of IN O Lincoln NNP B . . O House NNP B Banking NNP I Committee NNP I Chairman NNP I Henry NNP I Gonzalez NNP I -LRB- ( O D. NNP B , , O Texas NNP B -RRB- ) O said VBD O Sen. NNP B Cranston NNP I volunteered VBD O to TO O appear VB O before IN O the DT B House NNP I committee NN I , , O if IN O necessary JJ O . . O But CC O a DT B committee NN I staff NN I member NN I said VBD O the DT B panel NN I is VBZ O unlikely JJ O to TO O pursue VB O closely RB O the DT B role NN I of IN O the DT B senators NNS I . . O At IN O the DT B hearing NN I , , O Mr. NNP B Seidman NNP I said VBD O the DT B RTC NNP I has VBZ O already RB O pumped VBN O $ $ B 729 CD I million CD I into IN O Lincoln NNP B for IN O liquidity NN B . . O He PRP B also RB O held VBD O out IN O little JJ B hope NN I of IN O restitution NN B for IN O purchasers NNS B of IN O $ $ B 225 CD I million CD I in IN O American NNP B Continental NNP I subordinated VBD I debt NN I . . O Some DT B of IN O those DT B debtholders NNS I have VBP O filed VBN O a DT B suit NN I , , O saying VBG O they PRP B believed VBD O they PRP B were VBD O buying VBG O government-insured JJ B certificates NNS I of IN O deposit NN B . . O `` `` O We PRP B have VBP O no DT B plans NNS I at IN O this DT B time NN I to TO O pay VB O off IN O those DT B notes NNS I , , O '' '' O he PRP B said VBD O . . O Eastern NNP B Airlines NNPS I ' POS B creditors NNS I committee NN I , , O unhappy JJ O with IN O the DT B carrier NN I 's POS B plans NNS I for IN O emerging VBG O from IN O bankruptcy-law NN B proceedings NNS I , , O asked VBD O its PRP$ B own JJ I experts NNS I to TO O devise VB O alternate JJ B approaches NNS I to TO O a DT B reorganization NN I . . O Representatives NNS B of IN O the DT B accounting NN I firm NN I of IN O Ernst NNP B & CC I Young NNP I and CC O the DT B securities NNS I firm NN I of IN O Goldman NNP B , , I Sachs NNP I & CC I Co. NNP I , , O hired VBN O by IN O creditors NNS B to TO O consult VB O on IN O Eastern NNP B 's POS B financial JJ I plans NNS I , , O told VBD O the DT B committee NN I in IN O a DT B private JJ I meeting NN I yesterday NN B that IN O Eastern NNP B 's POS B latest JJS I plan NN I to TO O emerge VB O from IN O bankruptcy-law NN B protection NN I is VBZ O far RB O riskier JJR O than IN O an DT B earlier RBR I one CD I which WDT B won VBD O the DT B creditors NNS I ' POS B approval NN I . . O According VBG O to TO O one CD B person NN I present JJ O at IN O the DT B meeting NN I , , O Eastern NNP B 's POS B new JJ I plan NN I is VBZ O financially RB O `` `` O overly RB O optimistic JJ O . . O '' '' O Asked VBN O about IN O the DT B consultants NNS I ' POS B reports NNS I , , O an DT B Eastern NNP I spokeswoman NN I said VBD O `` `` O we PRP B totally RB O disagree VBP O . . O '' '' O She PRP B said VBD O they PRP B have VBP O `` `` O oversimplified VBN O and CC O made VBD O some DT B erroneous JJ I assumptions NNS I that WDT B make VBP O their PRP$ B analysis NN I completely RB O off-base JJ O . . O '' '' O At IN O a DT B later JJ I news NN I conference NN I here RB I , , O Frank NNP B Lorenzo NNP I , , O chairman NN B of IN O Eastern NNP B 's POS B parent NN I Texas NNP I Air NNP I Corp. NNP I , , O said VBD O Eastern NNP B was VBD O exceeding VBG O its PRP$ B goals NNS I for IN O getting VBG O back RB O into IN O operation NN B and CC O predicted VBD O it PRP B would MD O emerge VB O from IN O Chapter NN B 11 CD I protection NN I from IN O creditors NNS B early JJ B next JJ I year NN I , , O operating VBG O with IN O more JJR B service NN I than IN O it PRP B originally RB O had VBD O scheduled VBN O . . O He PRP B insisted VBD O , , O as IN O he PRP B has VBZ O before RB O , , O that IN O creditors NNS B would MD O be VB O paid VBN O in IN O full JJ O under IN O the DT B plan NN I . . O Mr. NNP B Lorenzo NNP I made VBD O no DT B mention NN I of IN O creditors NNS B ' POS B negative JJ I response NN I to TO O his PRP$ B plan NN I . . O `` `` O We PRP B 're VBP O in IN O the DT B process NN I of IN O discussing VBG O an DT B amended VBN I plan NN I with IN O the DT B creditors NNS I and CC O anticipate VB O filing NN O that WDT B amended VBD I plan NN I shortly RB O , , O '' '' O Mr. NNP B Lorenzo NNP I told VBD O reporters NNS B . . O `` `` O We PRP B 're VBP O meeting VBG O and CC O surpassing VBG O our PRP$ B goals NNS I , , O '' '' O he PRP B added VBD O . . O In IN O July NNP B , , O Eastern NNP B and CC O its PRP$ B creditors NNS I agreed VBD O on IN O a DT B reorganization NN I plan NN I that WDT B called VBD O for IN O Eastern NNP B to TO O sell VB O $ $ B 1.8 CD I billion CD I in IN O assets NNS B and CC O to TO O emerge VB O from IN O bankruptcy-law NN B protection NN I at IN O two-thirds NNS B its PRP$ I former JJ I size NN I . . O But CC O after IN O selling VBG O off IN O pieces NNS B such JJ O as IN O its PRP$ B East NNP I Coast NNP I shuttle NN I , , O its PRP$ B Philadelphia NNP I hub NN I and CC O various JJ B planes NNS I , , O Eastern NNP B hit VBD O a DT B stumbling VBG I block NN I . . O It PRP B could MD O n't RB O sell VB O its PRP$ B South JJ I American JJ I routes NNS I , , O one CD B of IN O the DT B major JJ I assets NNS I marked VBN O for IN O disposal NN B . . O Those DT B routes NNS I , , O valued VBN O by IN O the DT B creditors NNS I ' POS B professionals NNS I at IN O about RB B $ $ I 400 CD I million CD I , , O were VBD O to TO O be VB O sold VBN O to TO O AMR NNP B Corp. NNP I 's POS B American NNP I Airlines NNPS I . . O A DT B last-minute JJ I snag NN I in IN O negotiations NNS B with IN O AMR NNP B , , O over IN O an DT B unrelated JJ I lawsuit NN I between IN O American NNP B and CC O another DT B Texas NNP I Air NNP I unit NN I , , O caused VBD O the DT B deal NN I to TO O collapse VB O . . O Eastern NNP B ultimately RB O decided VBD O it PRP B would MD O have VB O to TO O keep VB O and CC O operate VB O the DT B routes NNS I itself PRP B , , O which WDT B would MD O leave VB O it PRP B with IN O less JJR B cash NN I for IN O its PRP$ B reorganization NN I . . O It PRP B also RB O would MD O leave VB O Eastern NNP B a DT B bigger JJR I carrier NN I than IN O the DT B scaled-down JJ I one CD I proposed VBN O under IN O the DT B initial JJ I plan NN I . . O Those DT B changes NNS I in IN O its PRP$ B condition NN I meant VBD O the DT B reorganization NN I plan NN I previously RB O presented VBD O to TO O creditors NNS B would MD O have VB O to TO O be VB O revamped VBN O . . O Since IN O then RB B , , O Eastern NNP B has VBZ O been VBN O negotiating VBG O with IN O creditors NNS B over IN O revisions NNS B , , O but CC O the DT B creditors NNS I committee NN I has VBZ O been VBN O having VBG O problems NNS B with IN O the DT B revisions NNS I . . O The DT B committee NN I has VBZ O two CD B groups NNS I of IN O experts NNS B it PRP B calls VBZ O on IN O to TO O analyze VB O Eastern NNP B 's POS B plans NNS I . . O Both DT B said VBD O the DT B new JJ I plan NN I would MD O n't RB O work VB O . . O Ernst NNP B & CC I Young NNP I said VBD O Eastern NNP B 's POS B plans NNS I will MD O miss VB O its PRP$ B projections NNS I of IN O earnings NNS B before IN O interest NN B , , I tax NN I and CC I depreciation NN I by IN O $ $ B 100 CD I million CD I , , O and CC O that IN O Eastern NNP B 's POS B plan NN I presented VBD O no DT B comfort NN I level NN I , , O according VBG O to TO O a DT B source NN I present JJ O at IN O yesterday NN B 's POS B session NN I . . O Experts NNS B from IN O Goldman NNP B Sachs NNP I estimated VBD O Eastern NNP B would MD O miss VB O the DT B same JJ I mark NN I by IN O $ $ B 120 CD I million CD I to TO I $ $ I 135 CD I million CD I , , O the DT B source NN I said VBD O . . O The DT B experts NNS I said VBD O they PRP B expected VBD O Eastern NNP B would MD O have VB O to TO O issue VB O new JJ B debt NN I to TO O cover VB O its PRP$ B costs NNS I , , O and CC O that IN O it PRP B would MD O generate VB O far RB B less JJR I cash NN I than IN O anticipated VBN O . . O Other JJ B costs NNS I also RB O would MD O increase VB O , , O including VBG O maintenance NN B , , O because IN O Eastern NNP B has VBZ O an DT B older JJR I fleet NN I . . O At IN O the DT B news NN I conference NN I , , O Mr. NNP B Lorenzo NNP I and CC O Eastern NNP B President NNP I Phil NNP I Bakes NNP I presented VBD O a DT B far RB I rosier JJR I assessment NN I . . O Flanked VBN O by IN O flight NN B attendants NNS I , , O pilots NNS B and CC O gate NN B agents NNS I dressed VBN O in IN O spiffy JJ B new JJ I blue JJ I uniforms NNS I , , O they PRP B said VBD O Eastern NNP B has VBZ O exceeded VBN O its PRP$ B operational JJ I goals NNS I and CC O is VBZ O filling VBG O its PRP$ B seats NNS I . . O Starting VBG O next JJ B month NN I , , O Eastern NNP B will MD O begin VB O flying VBG O 775 CD B flights NNS I daily JJ O instead RB O of IN O the DT B previously RB I announced VBN I 700 CD I , , O they PRP B said VBD O . . O Mr. NNP B Bakes NNP I declined VBD O to TO O give VB O out IN O Eastern NNP B 's POS B daily JJ I losses NNS I , , O but CC O said VBD O he PRP B did VBD O n't RB O expect VB O Eastern NNP B would MD O have VB O to TO O dip VB O into IN O the DT B cash NN I from IN O asset NN B sales NNS I currently RB O held VBN O in IN O escrow NN B . . O These DT B accounts NNS I hold VBP O several JJ B hundred CD I million CD I dollars NNS I , , O primarily RB O from IN O asset NN B sales NNS I . . O The DT B plan NN I Eastern NNP B hopes VBZ O to TO O pursue VB O , , O he PRP B said VBD O , , O calls VBZ O for IN O Eastern NNP B to TO O have VB O $ $ B 390 CD I million CD I in IN O cash NN B by IN O year NN B 's POS B end NN I . . O Both DT O he PRP B and CC O Mr. NNP B Lorenzo NNP I predicted VBD O that DT B plan NN I might MD O be VB O confirmed VBN O in IN O January NNP B . . O As IN O to TO O negotiations NNS B with IN O creditors NNS B , , O Mr. NNP B Lorenzo NNP I said VBD O in IN O remarks NNS B after IN O the DT B conference NN I `` `` O we PRP B 'll MD O have VB O to TO O see VB O how WRB O they PRP B -LCB- ( O talks NNS B -RCB- ) O come VB O along IN O . . O '' '' O However RB O , , O he PRP B added VBD O , , O `` `` O it PRP B 's VBZ O not RB O a DT B requirement NN I that IN O the DT B plan NN I be VB O accepted VBN O by IN O creditors NNS B . . O It PRP B must MD O be VB O accepted VBN O by IN O the DT B court NN I . . O '' '' O Under IN O bankruptcy NN B law NN I , , O Eastern NNP B has VBZ O exclusive JJ B rights NNS I for IN O a DT B certain JJ I period NN I to TO O develop VB O its PRP$ B own JJ I reorganization NN I plan NN I . . O That DT B deadline NN I has VBZ O been VBN O extended VBN O once RB O and CC O could MD O be VB O extended VBN O again RB O . . O If IN O Eastern NNP B can MD O get VB O creditor NN B support NN I , , O court NN B confirmation NN I of IN O its PRP$ B plan NN I could MD O be VB O relatively RB O swift JJ O . . O But CC O creditors NNS B are VBP O free JJ O to TO O press VB O for IN O court NN B approval NN I of IN O their PRP$ B own JJ I plan NN I , , O or CC O the DT B court NN I could MD O ignore VB O both DT B sides NNS I and CC O draw VB O its PRP$ B own JJ I . . O In IN O any DT B event NN I , , O some DT B people NNS I familiar JJ O with IN O the DT B case NN I question NN O whether IN O the DT B court NN I will MD O act VB O by IN O January NNP B as IN O forecast NN O by IN O Mr. NNP B Lorenzo NNP I and CC O Mr. NNP B Bakes NNP I . . O Eastern NNP B sought VBD O bankruptcy-law NN B protection NN I a DT B few JJ I days NNS I after IN O a DT B crippling JJ I strike NN I began VBD O March NNP B 4 CD I . . O Mr. NNP B Lorenzo NNP I told VBD O reporters NNS B the DT B reorganization NN I Eastern NNP B is VBZ O pursuing VBG O would MD O create VB O a DT B carrier NN I 85 CD B % NN I to TO I 90 CD I % NN I of IN O the DT B size NN I of IN O the DT B pre-bankruptcy NN I Eastern NNP I . . O He PRP B projected VBD O it PRP B would MD O be VB O operating VBG O about IN B 1,000 CD I flights NNS I a DT B day NN I by IN O late JJ B spring NN I , , O only RB O slightly RB O fewer JJR O than IN O the DT B carrier NN I 's POS B old JJ I volume NN I of IN O 1,050 CD B a DT B day NN I . . O HOPES NNS B OF IN O SIMPLIFYING VBG O the DT B corporate JJ I minimum JJ I tax NN I before IN O 1990 CD B are VBP O weakening VBG O . . O The DT B method NN I of IN O calculating VBG O the DT B 20 CD I % NN I tax NN I , , O paid VBN O if IN O it PRP B exceeds VBZ O tax NN B figured VBD O the DT B regular JJ I way NN I , , O is VBZ O due JJ O for IN O a DT B change NN I in IN O 1990 CD B , , O thanks VBZ B to TO O 1986 CD B 's POS B tax NN I act NN I . . O But CC O most RBS B experts NNS I agree VBP O that IN O the DT B concept NN I that WDT B is VBZ O to TO O be VB O introduced VBN O drags VBZ O in IN O great JJ B complexity NN I ; : O they PRP B have VBP O been VBN O trying VBG O to TO O head VB O it PRP B off IN O this DT B year NN I . . O Ways NNS B and CC I Means NNP I Chairman NNP I Rostenkowski NNP I backed VBD O a DT B simplification NN I plan NN I in IN O the DT B pending VBG I House NNP I tax NN I bill NN I , , O but CC O the DT B plan NN I turns VBZ O out IN O to TO O be VB O a DT B big JJ I revenue NN I loser NN I . . O Now RB O the DT B Senate NNP I 's POS B stripped-down JJ I bill NN I omits VBZ O any DT B proposal NN I to TO O deal VB O with IN O the DT B corporate JJ I tax NN I . . O Proponents NNS B of IN O simplification NN B fear NN O that IN O the DT B chances NNS I of IN O getting VBG O it PRP B into IN O the DT B final JJ I bill NN I are VBP O waning VBG O . . O `` `` O We PRP B hear VBP O it PRP B has VBZ O low JJ B priority NN I on IN O the DT B House NNP I side NN I , , O '' '' O says VBZ O Samuel NNP B Starr NNP I of IN O Coopers NNP B & CC I Lybrand NNP I , , I CPAs NNS I . . O If IN O the DT B law NN I is VBZ O n't RB O changed VBN O , , O he PRP B says VBZ O , , O `` `` O we PRP B are VBP O left VBN O staring VBG O at IN O rules NNS B that WDT B are VBP O almost RB O impossible JJ O to TO O implement VB O , , O because IN O there EX B are VBP O so RB B many JJ I complex JJ I depreciation NN I calculations NNS I to TO O do VB O . . O '' '' O But CC O Congress NNP B still RB O could MD O resolve VB O the DT B issue NN I with IN O other JJ B legislation NN I this DT B year NN I or CC O next JJ B , , O Starr NNP B adds VBZ O . . O HUGO NNP B 'S VBZ B RAVAGES NNS I may MD O be VB O offset VB O by IN O immediate JJ B claims NNS I for IN O tax NN B refunds NNS I . . O This DT B law NN I aids VBZ O hurricane-wracked JJ B locales NNS I named VBN O by IN O the DT B president NN I as IN O disaster NN B areas NNS I , , O as RB O well RB O as IN O regions NNS B so RB O designated VBN O after IN O other JJ B 1989 CD I disasters NNS I . . O It PRP B lets VBZ O victims NNS B elect VBP O to TO O deduct VB O casualty NN B losses NNS I on IN O either DT O 1989 CD B or CC O amended VBN B 1988 CD I returns NNS O , , O whichever WDT B offers VBZ O the DT B larger JJR I tax NN I benefit NN I ; : O they PRP B have VBP O until IN O April NNP B 16 CD I to TO O choose VB O . . O Amending VBG O a DT B 1988 CD I return NN I to TO O claim VB O a DT B refund NN I brings VBZ O cash NN B faster RBR O ; : O but CC O for IN O personal JJ B losses NNS I , , O there EX B are VBP O other JJ B factors NNS I to TO O consider VB O , , O notes NNS O publisher NN B Prentice NNP I Hall NNP I . . O A DT B loss NN I -- : O after IN O insurance NN B recoveries NNS I -- : O is VBZ O deductible JJ O only RB O to TO O the DT B extent NN I that IN O it PRP B exceeds VBZ O $ $ B 100 CD I and CC O that IN O the DT B year NN I 's POS B total JJ I losses NNS I exceed VBP O 10 CD B % NN I of IN O adjusted VBN B gross JJ I income NN I ; : O victims NNS B may MD O pick VB O the DT B year NN I when WRB O income NN B is VBZ O lower JJR O and CC O deductions NNS B higher JJR O . . O In IN O filing VBG O an DT B original JJ I -LRB- ( I not RB I amended VBN I -RRB- ) I return NN I , , O a DT B couple NN I should MD O consider VB O whether IN O damaged VBN B property NN I is VBZ O owned VBN O jointly RB O or CC O separately RB O and CC O whether IN O one CD B spouse NN I has VBZ O larger JJR B income NN I ; : O that WDT B may MD O determine VB O whether IN O they PRP B should MD O file VB O jointly RB O or CC O separately RB O . . O THE DT B IRS NNP I DELAYS VBZ O several JJ B deadlines NNS I for IN O Hugo NNP B 's POS B victims NNS I . . O Returns NNS B for IN O 1988 CD B from IN O people NNS B with IN O six-month JJ B filing NN I extensions NNS I were VBD O due JJ O Monday NNP B , , O but CC O the DT B IRS NNP I says VBZ O people NNS B in IN O the DT B disaster NN I areas NNS I wo MD O n't RB O be VB O penalized VBN O for IN O late JJ B filing NN I if IN O their PRP$ B returns NNS I are VBP O marked VBN O `` `` O Hugo NNP B '' '' O and CC O postmarked VBN O by IN O Jan. NNP B 16 CD I . . O Interest NN B will MD O be VB O imposed VBN O on IN O unpaid JJ B taxes NNS I , , O but CC O late-payment NN B penalties NNS I on IN O the DT B returns NNS I will MD O be VB O waived VBN O if IN O the DT B balance NN I due JJ O and CC O paid VBN O is VBZ O 10 CD B % NN I or CC I less JJR I of IN O the DT B liability NN I . . O IRS NNP B Notice NN I 89-136 CD I describes VBZ O this DT B and CC O other JJ B deadline NN I relief NN I for IN O Hugo NNP B 's POS B victims NNS I . . O Among IN O the DT B provisions NNS I : : O Fiscal-year JJ B taxpayers NNS I with IN O returns NNS B due JJ O last JJ B Monday NNP I wo MD O n't RB O be VB O penalized VBN O if IN O they PRP B file VBP O -- : O or CC O request VB O an DT B extension NN I -- : O and CC O pay VB O tax NN B due JJ O by IN O Nov. NNP B 15 CD I . . O Excise-tax JJ B returns NNS I due JJ O by IN O Oct. NNP B 31 CD I or CC O Nov. NNP B 30 CD I may MD O be VB O delayed VBN O to TO O Jan. NNP B 16 CD I . . O Extensions NNS B ca MD O n't RB O be VB O granted VBN O for IN O filing VBG O employment-tax JJ B returns NNS I due JJ O Oct. NNP B 31 CD I or CC O for IN O depositing VBG O withheld VBN B taxes NNS I , , O but CC O late JJ B penalties NNS I will MD O be VB O abated VBN O for IN O deposits NNS B made VBN O by IN O Nov. NNP B 15 CD I . . O The DT B notice NN I also RB O grants VBZ O relief NN B for IN O certain JJ B estate-tax JJ I returns NNS I . . O ONE-DAY JJ B JAUNTS NNS I in IN O a DT B chartered JJ I boat NN I were VBD O perks NNS B for IN O permanent JJ B staffers NNS I of IN O American NNP B Business NNP I Service NNP I Corp. NNP I , , O a DT B Costa NNP I Mesa NNP I , , I Calif. NNP I , , I supplier NN I of IN O temporary JJ B workers NNS I . . O The DT B IRS NNP I denied VBD O cost NN B deductions NNS I because IN O few NN B of IN O the DT B temps NNS I got VBD O to TO O go VB O aboard RB O . . O But CC O the DT B Tax NNP I Court NNP I said VBD O the DT B limitations NNS I were VBD O reasonable JJ O and CC O realistic JJ O and CC O allowed VBD O the DT B deductions NNS I . . O USED-CAR NN B BUYERS NNS I who WP B try VBP O to TO O avoid VB O sales NNS B tax VB I by IN O understating VBG O prices NNS B paid VBN O in IN O private JJ B deals NNS I are VBP O the DT B targets NNS I of IN O a DT B New NNP I York NNP I drive NN I . . O Estimating VBG O that IN O the DT B state NN I may MD O lose VB O $ $ B 15 CD I million CD I a DT B year NN I , , O officials NNS B announced VBD O the DT B filing NN I of IN O 15 CD B criminal JJ I actions NNS I and CC O `` `` O hundreds NNS B '' '' O of IN O civil JJ B penalties NNS I . . O WHEN WRB O AN DT B IRA NNP I OWNER NNP I dies VBZ O , , O the DT B trustee NN I of IN O the DT B individual JJ I retirement NN I account NN I must MD O file VB O forms NNS B 5498 CD I reporting VBG O market NN B values NNS I relating VBG O to TO O the DT B decedent NN I and CC O each DT B beneficiary NN I , , O with IN O copies NNS B to TO O the DT B executor NN I and CC I beneficiaries NNS I . . O IRS NNP B Revenue NN I Procedure NN I 89-52 CD I describes VBZ O the DT B reporting VBG I requirements NNS I . . O BIGGER JJR O THAN IN O A DT B BREADBOX NN I was VBD O this DT B cash NN I hoarder NN I 's POS B reputation NN I for IN O honesty NN B . . O People NNS B often RB O cite VBP O frugality NN B and CC O distrust NN B of IN O banks NNS B to TO O justify VB O cash NN B caches NNS I to TO O the DT B IRS NNP I . . O Gregory NNP B Damonne NNP I Brown NNP I of IN O Fremont NNP B , , O Calif. NNP B , , O a DT B hardworking JJ I , , I reclusive JJ I young JJ I bachelor NN I , , O told VBD O that DT B story NN I to TO O the DT B Tax NNP I Court NNP I . . O But CC O judges NNS B usually RB O find VBP O the DT B real JJ I aim NN I is VBZ O to TO O escape VB O tax NN B on IN O hidden VBN B income NN I ; : O and CC O the DT B IRS NNP I said VBD O Brown NNP B must MD O have VB O had VBN O such JJ B income NN I -- : O although IN O it PRP B uncovered VBD O no DT B source NN I -- : O because IN O he PRP B deposited VBD O $ $ B 124,732 CD I in IN O a DT B bank NN I account NN I in IN O 1982-84 CD B while IN O reporting VBG O income NN B of IN O only RB B $ $ I 52,012 CD I . . O Brown NNP B 's POS B story NN I : : O The DT B deposits NNS I came VBD O from IN O savings NNS B kept VBD O in IN O a DT B Tupperware NNP I breadbox NN I ; : O he PRP B saved VBD O $ $ B 47,000 CD I in IN O 1974-81 CD B by IN O living VBG O with IN O family NN B members NNS I and CC O pinching VBG O pennies NNS B and CC O $ $ B 45,000 CD I of IN O secret JJ B gifts NNS I from IN O his PRP$ B remorseful JJ I father NN I , , O who WP B had VBD O abandoned VBN O the DT B family NN I in IN O 1955 CD B . . O Brown NNP B had VBD O no DT B proof NN I ; : O but CC O testimony NN B of IN O his PRP$ B mother NN I and CC I stepmother NN I about IN O his PRP$ B father NN I and CC O of IN O an DT B ex-employer NN I about IN O his PRP$ B honesty NN I and CC I habits NNS I satisfied VBD O a DT B judge NN I that IN O Brown NNP B was VBD O truthful JJ O and CC O his PRP$ B tale NN I of IN O gifts NNS B was VBD O possible JJ O . . O The DT B IRS NNP I offered VBD O no DT B evidence NN I of IN O hidden VBN B sources NNS I of IN O taxable JJ B income NN I , , O so RB O Judge NNP B Shields NNP I rejected VBD O its PRP$ B claims NNS I . . O BRIEFS NNS B : : I Asked VBN O how WRB O he PRP B made VBD O charitable JJ B gifts NNS I of IN O $ $ B 26,350 CD I out IN O of IN O reported VBN B two-year JJ I income NN I of IN O $ $ B 46,892 CD I , , O Thomas NNP B H. NNP I McFall NNP I of IN O Bryan NNP B , , O Texas NNP B , , O told VBD O the DT B Tax NNP I Court NNP I he PRP B had VBD O understated VBN O his PRP$ B income NN I . . O The DT B court NN I rejected VBD O his PRP$ B incredible JJ I claims NNS I , , O denied VBD O his PRP$ B deductions NNS I , , O and CC O imposed VBD O a DT B negligence NN I penalty NN I ... : O . . O Rep. NNP B Schaefer NNP I -LRB- ( O R. NNP B , , O Colo. NNP B -RRB- ) O entered VBD O a DT B bill NN I to TO O exempt VB O from IN O tax NN B rewards NNS B for IN O tips NNS B leading VBG O to TO O the DT B arrest NN I of IN O violent JJ B criminals NNS I . . O Kay NNP B Peterson NNP I mounts NNS O her PRP$ B bicycle NN I and CC O grinds VBZ O up IN O yet RB B another DT I steep NN I , , I rocky JJ I path NN I seemingly RB O suitable JJ O only RB O for IN O mountain NN B goats NNS I . . O After IN O a DT B tortuous JJ I climb NN I , , O she PRP B is VBZ O rewarded VBN O by IN O a DT B picture-postcard NN I vista NN I : : O a DT B glade NN I of IN O golden JJ B aspens NNS I under IN O an DT B azure JJ I Indian-summer JJ I sky NN I . . O This DT B place NN I is VBZ O 12 CD B miles NNS I into IN O the DT B back JJ I country NN I -- : O a DT B day-long JJ I trudge NN I for IN O a DT B hiker NN I , , O but CC O reached VBD O by IN O Ms. NNP B Peterson NNP I and CC O six CD B others NNS I in IN O a DT B mere JJ I two CD I hours NNS I of IN O pedaling VBG O fat-tired JJ B mountain NN I bikes NNS I . . O `` `` O This DT B , , O '' '' O says VBZ O Ms. NNP B Peterson NNP I , , O `` `` O is VBZ O what WP B it PRP B 's VBZ O all DT O about IN O . . O '' '' O Twelve CD B hundred CD I miles NNS I away RB O , , O rangers NNS B at IN O a DT B Napa NNP I County NNP I , , I Calif. NNP I , , I state NN I park NN I are VBP O among IN O the DT B many JJ I who WP B do VBP O n't RB O quite RB O share VBP O the DT B enthusiasm NN I . . O This DT B summer NN I , , O speeding VBG B bikers NNS I were VBD O blamed VBN O for IN O an DT B accident NN I in IN O the DT B Napa NNP I County NNP I park NN I , , O in IN O which WDT B a DT B horse NN I -- : O spooked VBN O on IN O a DT B trail NN I that WDT B was VBD O closed VBN O to TO O bikers NNS B -- : O broke VBD O its PRP$ B leg NN I . . O The DT B animal NN I had VBD O to TO O be VB O destroyed VBN O ; : O the DT B bikers NNS I fled VBD O and CC O were VBD O never RB O found VBN O . . O In IN O numerous JJ B parks NNS I near IN O San NNP B Francisco NNP I , , O rangers NNS B have VBP O been VBN O forced VBN O to TO O close VB O trails NNS B , , O set VBN O up IN O speed NN B traps NNS I and CC O use NN O radar NN B guns NNS I to TO O curb VB O fast RB B and CC I reckless JJ I riding NN I . . O They PRP B have VBP O even RB O sent VBN O helicopters NNS B in IN O pursuit NN B of IN O bikers NNS B after IN O hikers NNS B and CC I equestrians NNS I complained VBD O they PRP B were VBD O being VBG O driven VBN O from IN O trails NNS B . . O `` `` O We PRP B were VBD O being VBG O overrun VBN O , , O '' '' O says VBZ O Steve NNP B Fiala NNP I , , O trails NNS B coordinator NN I of IN O the DT B East NNP I Bay NNP I Regional NNP I Park NNP I District NNP I . . O Two CD B years NNS I ago RB O , , O the DT B district NN I decided VBD O to TO O limit VB O the DT B bikes NNS I to TO O fire VB B roads NNS I in IN O its PRP$ B 65,000 CD I hilly JJ I acres NNS I . . O From IN O about IN B 200,000 CD I six CD B years NNS I ago RB O , , O the DT B number NN I of IN O mountain NN B bikes NNS I in IN O the DT B U.S. NNP I is VBZ O expected VBN O to TO O grow VB O to TO O 10 CD B million CD I in IN O 1990 CD B . . O At IN B least JJS I half PDT I that DT I growth NN I will MD O have VB O come VBN O in IN O the DT B past JJ I three CD I years NNS I alone RB O . . O The DT B controversy NN I kicked VBD O up IN O by IN O the DT B proliferation NN I of IN O these DT B all-terrain JJ I bicycles NNS I is VBZ O one CD B of IN O the DT B most RBS I divisive JJ I storms NNS I to TO O blow VB O through IN O the DT B national JJ I conservation NN I movement NN I in IN O recent JJ B memory NN I . . O Bikers NNS B -- : O many NN B of IN O them PRP B ardent JJ B environmentalists NNS I -- : O proclaim VB O their PRP$ B sport NN I an DT B efficient JJ I , , I safe JJ I , , I fitness-promoting JJ I way NN I to TO O get VB O back RB O to TO O nature NN B , , O while IN O asserting VBG O a DT B right NN I , , O as IN O taxpayers NNS B , , O to TO O pedal VB O on IN O public JJ B lands NNS I . . O But CC O the DT B bikes NNS I ' POS B burgeoning VBG I numbers NNS I , , O safety NN B concerns NNS I and CC O fear NN B that IN O they PRP B damage VBP O fragile JJ B landscapes NNS I have VBP O prompted VBN O pleas NNS B , , O from IN O the DT B Sierras NNPS I to TO O the DT B Eastern NNP I Seaboard NNP I , , O to TO O ban VB O them PRP B from IN O the DT B back JJ I country NN I . . O Key NNP O to TO O the DT B issue NN I is VBZ O that IN O the DT B bikes NNS I , , O in IN O skillful JJ B hands NNS I , , O can MD O go VB O virtually RB O anywhere RB O , , O and CC O in IN O reckless JJ B hands NNS I can MD O become VB O vehicles NNS B of IN O terror NN B . . O An DT B adept JJ I bicyclist NN I can MD O leap VB O from IN O a DT B dead JJ I stop NN I to TO O the DT B top NN I of IN O a DT B picnic NN I table NN I without IN O losing VBG O balance NN B . . O Such JJ B skills NNS I allow VBP O riders NNS B to TO O fly VB O down RB O treacherous JJ B mountain NN I grades NNS I at IN O speeds NNS B of IN O up IN B to TO I 40 CD I miles NNS I an DT B hour NN I -- : O a DT B thrill NN I for IN O the DT B cyclist NN I but CC O a DT B nightmare NN I for IN O unsuspecting JJ B hikers NNS I or CC I equestrians NNS I . . O For IN O harried VBN B public-land JJ I managers NNS I across IN O the DT B nation NN I , , O the DT B response NN I is VBZ O increasingly RB O to TO O shut VB O the DT B gates NNS I . . O The DT B state NN I of IN O California NNP B , , O following VBG O the DT B lead NN I of IN O some DT B regional JJ I parks NNS I , , O recently RB O adopted VBN O regulations NNS B that WDT B closed VBD O nearly RB B all DT I hiking VBG I paths NNS I in IN O state NN B parks NNS I to TO O mountain NN B bicycles NNS I . . O The DT B move NN I largely RB O consigns VBZ O them PRP B to TO O roads NNS B used VBN O by IN O motorized JJ B vehicles NNS I . . O Most JJS B other JJ I states NNS I have VBP O enacted VBN O similar JJ B bans NNS I . . O The DT B bikes NNS I are VBP O unwelcome JJ O on IN O trails NNS B in IN O national JJ B parks NNS I . . O Even RB B the DT I U.S. NNP I Forest NNP I Service NNP I , , O whose WP$ B lenient JJ I `` `` I multiple-use JJ I '' '' I philosophy NN I permits VBZ O motorized VBN B vehicles NNS I on IN O thousands NNS B of IN O miles NNS B of IN O its PRP$ B trails NNS I across IN O the DT B U.S. NNP I , , O has VBZ O begun VBN O to TO O close VB O some DT B lands NNS I to TO O the DT B bikes NNS I , , O including VBG O major JJ B portions NNS I of IN O the DT B popular JJ I Pacific NNP I Crest NNP I Trail NNP I , , O which WDT B stretches VBZ O from IN O California NNP B to TO O Canada NNP B . . O Often RB O these DT B closings NNS I come VBP O after IN O vigorous JJ B anti-bike JJ I lobbying NN I by IN O conservation NN B organizations NNS I , , O the DT B politically RB I potent JJ I Sierra NNP I Club NNP I among IN O them PRP B . . O Sierra NNP B has VBZ O been VBN O instrumental JJ O in IN O securing VBG O a DT B number NN I of IN O the DT B California NNP I bans NNS I . . O It PRP B has VBZ O been VBN O waging VBG O an DT B all-out JJ I campaign NN I to TO O beat VB O back RB O a DT B proposal NN I , , O pushed VBN O by IN O Utah NNP B bike NN I groups NNS I , , O to TO O allow VB O the DT B cycles NNS I in IN O federally RB B designated VBN I wilderness NN I areas NNS I , , O where WRB O they PRP B are VBP O now RB O prohibited VBN O . . O Yet RB O Sierra NNP B 's POS B hard-line JJ I stance NN I has VBZ O created VBN O something NN B of IN O a DT B rift NN I in IN O the DT B organization NN I , , O which WDT B estimates VBZ O that IN O 17 CD B % NN I of IN O its PRP$ B 500,000 CD I members NNS I own JJ O mountain NN B bikes NNS I . . O Pressure NN B from IN O these DT B members NNS I prompted VBD O the DT B club NN I recently RB O to TO O soften VB O its PRP$ B anti-bike JJ I rhetoric NN I ; : O it PRP B no RB O longer RB O , , O for IN O example NN B , , O lumps VBZ O the DT B bikes NNS I into IN O the DT B same JJ I category NN I as IN O motorcycles NNS B and CC O other JJ B terrain-marring JJ I off-road JJ I vehicles NNS I . . O But CC O the DT B club NN I still RB O insists VBZ O that IN O public JJ B lands NNS I ought MD O to TO O be VB O closed VBN O to TO O the DT B bikes NNS I unless IN O studies NNS B indicate VBP O the DT B bikes NNS I wo MD O n't RB O injure VB O the DT B environment NN I or CC O other JJ B users NNS I . . O `` `` O I PRP B have VBP O a DT B mountain NN I bike NN I , , O yet RB O as IN O a DT B hiker NN I I PRP B 've VBP O been VBN O run VB O off IN O the DT B road NN I by IN O kids NNS B careening VBG O down RP O a DT B fire NN I trail NN I on IN O them PRP B , , O '' '' O says VBZ O Gene NNP B Coan NNP I , , O an DT B official NN I at IN O Sierra NNP B 's POS B headquarters NN I in IN O San NNP B Francisco NNP I , , O echoing VBG O the DT B concerns NNS I of IN O many JJ B members NNS I . . O `` `` O People NNS B who WP B feel VBP O that IN O cyclists NNS B should MD O be VB O banned VBN O from IN O an DT B area NN I are VBP O n't RB O looking VBG O at IN O the DT B whole JJ I picture NN I , , O '' '' O complains VBZ O Mark NNP B Langton NNP I , , O associate JJ B editor NN I of IN O Mountain NNP B and CC I City NNP I Biking NNP I magazine NN I in IN O Canoga NNP B Park NNP I , , O Calif NNP B . . O Mr. NNP B Langton NNP I is VBZ O among IN O the DT B legions NNS I of IN O bikers NNS B who WP B got VBD O their PRP$ B first JJ I taste NN I of IN O wilderness NN B as IN O hikers NNS B or CC I backpackers NNS I . . O He PRP B says VBZ O fellow NN B bikers NNS I show VBP O the DT B same JJ I concern NN I for IN O the DT B land NN I that IN B they PRP B demonstrated VBD O as IN O hikers NNS B ; : O many JJ B are VBP O appalled VBN O that IN O the DT B conservation NN I community NN I would MD O suddenly RB O consider VB O them PRP B the DT B enemy NN I . . O To TO O fight VB O back RB O , , O activists NNS B such JJ O as IN O Mr. NNP B Langton NNP I are VBP O forming VBG O groups NNS B to TO O lobby VB O land NN B managers NNS I over IN O access NN B issues NNS I and CC O undertake VB O education NN B programs NNS I to TO O show VB O that IN O the DT B bikes NNS I can MD O responsibly RB O share VB O trails NNS B . . O Mr. NNP B Langton NNP I 's POS B group NN I , , O Concerned NNP B Off-Road NNP I Bicyclists NNPS I Association NNP I , , O mounted VBN O petition NN B drives NNS I to TO O help VB O keep VB O open JJ O certain JJ B Santa NNP I Monica NNP I Mountain NNP I trails NNS I designated VBN O for IN O closing VBG B . . O Biking NNP B groups NNS I in IN O Montana NNP B , , I Idaho NNP I , , I Michigan NNP I and CC I Massachusetts NNP I have VBP O won VBN O similar JJ B concessions NNS I , , O says VBZ O Tim NNP B Blumenthal NNP I , , O mountain NN B bike NN I editor NN I of IN O Bicycling NNP B magazine NN I . . O These DT B groups NNS I have VBP O been VBN O trying VBG O to TO O improve VB O the DT B mountain NN I biker NN I 's POS B image NN I ; : O in IN O the DT B San NNP I Francisco-area JJ I park NN I district NN I where WRB O a DT B ranger NN I was VBD O clobbered VBN O by IN O a DT B cyclist NN I this DT B summer NN I bikers NNS B have VBP O formed VBN O a DT B volunteer NN I patrol NN I to TO O help VB O rangers NNS B enforce VB O regulations NNS B , , O and CC O to TO O school VB O riders NNS B in IN O proper JJ B trail NN I etiquette NN I . . O Even RB B staunch JJ I anti-bike JJ I Sierra NNP I members NNS I concede VBP O that IN O 10 CD B % NN I of IN O all DT B riders NNS I cause VBP O most RBS B of IN O the DT B problems NNS I . . O While IN O some DT B are VBP O renegade NN B riders NNS I who WP B simply JJ O scorn NN O regulations NNS B , , O much JJ B bad JJ I riding NN I simply RB O reflects VBZ O ignorance NN B that WDT B can MD O be VB O corrected VBN O through IN O `` `` O education NN B and CC O peer NN B pressure NN I , , O '' '' O says VBZ O Jim NNP B Hasenauer NNP I , , O a DT B director NN I of IN O the DT B International NNP I Mountain NNP I Biking NNP I Association NNP I . . O `` `` O I PRP B think VBP O we PRP B 're VBP O making VBG O progress NN B . . O '' '' O Few JJ B would MD O have VB O foreseen VBN O such JJ B a DT I furor NN I when WRB O , , O a DT B decade NN I ago RB O , , O some DT B Marin NNP I County NNP I bicycle NN I enthusiasts NNS I created VBD O a DT B hybrid JJ I bike NN I using VBG O fat JJ B tires NNS I , , O lightweight JJ B metallurgy NN I and CC O multi-gear JJ B technology NN I . . O They PRP B wanted VBD O a DT B machine NN I that WDT B would MD O allow VB O them PRP B to TO O pedal VB O into IN O rugged JJ B terrain NN I then RB O inaccessible JJ O to TO O cycles NNS B . . O They PRP B got VBD O a DT B machine NN I more RBR O responsive JJ O , , O more RBR O stable JJ O and CC O in IN O many JJ B ways NNS I easier JJR O to TO O ride VB O than IN O the DT B thin-tired JJ I racing NN I bikes NNS I that IN B then RB O were VBD O the DT B rage NN I . . O When WRB O the DT B bikes NNS I first JJ O entered VBD O mass NN B production NN I in IN O 1981 CD B , , O they PRP B were VBD O dismissed VBN O as IN O a DT B fad NN I . . O Last JJ B year NN I , , O 25 CD B % NN I of IN O the DT B 10 CD I million CD I bicycles NNS I sold VBN O in IN O the DT B U.S. NNP I were VBD O mountain NN B bikes NNS I . . O In IN O California NNP B , , O a DT B bellwether NN I market NN I , , O they PRP B accounted VBD O for IN O more JJR B than IN I 80 CD I % NN I of IN O all DT B bike NN I sales NNS I . . O The DT B majority NN I of IN O the DT B bikes NNS I never RB O even RB O make VB O it PRP B into IN O the DT B high JJ I country NN I . . O City NN B dwellers NNS I love VBP O them PRP B because IN O they PRP B shift VBP O smoothly RB O in IN O traffic NN B , , O bounce VB O easily RB O over IN O curbs NNS B and CC O roll NN O through IN O road NN B glass NN I with IN O far RB B fewer RBR I flat JJ I tires NNS I than IN O racing VBG B bikes NNS I . . O Crested NNP B Butte NNP I , , O population NN B 1,200 CD I , , O is VBZ O a DT B bastion NN I of IN O the DT B sport NN I . . O By IN O one CD B estimate NN I , , O everyone NN B here RB I under IN O 50 CD B owns VBZ O at IN B least JJS I one CD I bike NN I . . O The DT B town NN I is VBZ O home NN B to TO O the DT B Mountain NNP I Bike NNP I Hall NNP I of IN O Fame NNP B and CC O it PRP B hosts VBZ O the DT B annual JJ I Fat NNP I Tire NNP I Bike NNP I Week NNP I . . O This DT B summer NN I , , O the DT B jamboree NN I attracted VBN O more JJR B visitors NNS I than IN O the DT B busiest JJS I week NN I of IN O the DT B town NN I 's POS B winter NN I ski NN I season NN I . . O David NNP B Lindsey NNP I , , O chairman NN B of IN O the DT B Fat NNP I Tire NNP I Bike NNP I celebration NN I , , O muses VBZ O that IN O the DT B bike NN I 's POS B popularity NN I may MD O be VB O a DT B combination NN I of IN O technology NN B and CC I nostalgia NN I . . O `` `` O The DT B mountain NN I bike NN I feels VBZ O as RB O comfortable JJ O as IN O the DT B ` `` I paperboy NN I ' '' I bike NN I you PRP B had VBD O as IN O a DT B kid NN I , , O but CC O it PRP B can MD O do VB O so RB B much RB I more JJR I , , O '' '' O he PRP B says VBZ O . . O The DT B following VBG I issues NNS I were VBD O recently RB O filed VBN O with IN O the DT B Securities NNP I and CC I Exchange NNP I Commission NNP I : : O Canada NNP B 's POS B Province NNP I of IN O Nova NNP B Scotia NNP I , , O shelf NN B offering NN I of IN O up IN B to TO I $ $ I 550 CD I million CD I of IN O debentures NNS B . . O Golar NNP B Gas NNP I Holding NNP I Co. NNP I , , O a DT B subsidiary NN I of IN O Gotaas-Larsen NNP B Shipping NNP I Corp. NNP I , , O offering NN B of IN O $ $ B 280 CD I million CD I first JJ I preferred JJ I ship NN I mortgage NN I notes NNS I , , O via IN O Merrill NNP B Lynch NNP I Capital NNP I Markets NNPS I . . O H.F. NNP B Ahmanson NNP I & CC I Co. NNP I , , O offering NN B of IN O four CD B million CD I shares NNS I of IN O noncumulative JJ B convertible JJ I preferred JJ I stock NN I , , O Series NNP B B. NNP I , , O via IN O Goldman NNP B , , I Sachs NNP I & CC I Co NNP I , , O First NNP B Boston NNP I Corp. NNP I , , O and CC O Merrill NNP B Lynch NNP I . . O Shared NNP B Technologies NNP I Inc. NNP I , , O offering NN B of IN O 2.5 CD B million CD I common JJ I shares NNS I , , O via IN O Smetek NNP B , , I Van NNP I Horn NNP I & CC I Cormack NNP I Inc. NNP I and CC O Oakes NNP B , , I Fitzwilliams NNP I & CC I Co NNP I . . O Stock-market NN B tremors NNS I again RB O shook VBD O bond NN B prices NNS I , , O while IN O the DT B dollar NN I turned VBD O in IN O a DT B mixed VBN I performance NN I . . O Early JJ B yesterday NN I , , O investors NNS B scrambled VBD O to TO O buy VB O Treasury NNP B bonds NNS I for IN O safety NN B as IN O stock NN B prices NNS I plummeted VBD O and CC O fears NNS B mounted VBN O of IN O a DT B replay NN I of IN O Friday NNP B . . O But CC O stocks NNS B later RB O recovered VBD O , , O erasing VBG O most RBS B of IN O their PRP$ B early JJ I declines NNS I . . O That DT B cut NN O short VB O the DT B rally NN I in IN O Treasury NNP B bonds NNS I and CC O depressed JJ O prices NNS B moderately RB O below IN O late JJ B Monday NNP I 's POS B levels NNS I . . O The DT B Dow NNP I Jones NNP I Industrial NNP I Average NNP I , , O down RB O more JJR B than IN I 60.25 CD I points NNS I early RB O in IN O the DT B day NN I , , O finished VBD O 18.65 CD B points NNS I lower JJR O at IN O 2638.73 CD B . . O Long-term NNP B Treasury NNP I issues NNS I declined VBD O about IN B half PDT I a DT I point NN I , , O or CC O $ $ B 5 NN I for IN O each DT B $ $ I 1,000 CD I face NN I amount NN I . . O `` `` O The DT B stock NN I market NN I clearly RB O is VBZ O leading VBG O the DT B bond NN I markets NNS I , , O '' '' O said VBD O Jack NNP B Conlon NNP I , , O an DT B executive JJ I vice NN I president NN I at IN O Nikko NNP B Securities NNP I . . O `` `` O People NNS B are VBP O breathing VBG O a DT B major JJ I sigh NN I of IN O relief NN B that IN O the DT B world NN I did VBD O n't RB O end VB O Monday NNP B morning NN I '' '' O or CC O yesterday NN B . . O Gold NNP B , , O a DT B closely RB I watched VBN I barometer NN I of IN O investor NN B anxiety NN I , , O was VBD O little RB O changed VBN O . . O The DT B dollar NN I initially RB O fell VBD O against IN O other JJ B major JJ I currencies NNS I on IN O news NN B that IN O the DT B U.S. NNP I trade NN I deficit NN I surged VBD O in IN O August NNP B to TO O $ $ B 10.77 CD I billion CD I . . O But CC O the DT B dollar NN I later RB O rebounded VBD O , , O finishing VBG O slightly RB O higher JJR O against IN O the DT B yen NN I although IN O slightly RB O lower JJR O against IN O the DT B mark NN I . . O Federal NNP B Reserve NNP I officials NNS I sent VBD O another DT B signal NN I of IN O their PRP$ B determination NN I to TO O shore VB O up IN O investor NN B confidence NN I . . O In IN O an DT B apparent JJ I attempt NN I to TO O keep VB O a DT B lid NN I on IN O short-term JJ B interest NN I rates NNS I , , O the DT B Fed NNP I once RB O again RB O pumped VBN O money NN B into IN O the DT B banking NN I system NN I . . O But CC O the DT B Fed NNP I move NN I was VBD O a DT B small JJ I gesture NN I , , O traders NNS B said VBD O . . O Fed JJ B officials NNS I appear VBP O reluctant JJ O to TO O ease VB O their PRP$ B credit NN I grip NN I any DT O further JJ O because IN O a DT B bold JJ I move NN I does VBZ O n't RB O appear VB O necessary JJ O , , O several JJ B investment NN I managers NNS I said VBD O . . O The DT B Fed NNP I has VBZ O allowed VBN O a DT B key JJ I short-term JJ I interest NN I rate NN I to TO O decline VB O about IN B one-quarter NN I percentage NN I point NN I . . O The DT B federal JJ I funds NNS I rate NN I on IN O overnight JJ B loans NNS I between IN O banks NNS B has VBZ O been VBN O hovering VBG O around IN O 8 CD B 3\/4 CD I % NN I , , O down RB O from IN O 9 CD B % NN I previously RB O . . O Although IN O stocks NNS B have VBP O led VBN O bonds NNS B this DT B week NN I , , O some DT B traders NNS I predict VBP O that DT B relationship NN I will MD O reverse VB O during IN O the DT B next JJ I few JJ I weeks NNS I . . O Nikko NNP B 's POS B Mr. NNP I Conlon NNP I fears VBZ O a DT B huge JJ I wave NN I of IN O Treasury NNP B borrowing NN I early JJ B next JJ I month NN I will MD O drive VB O down RB O Treasury NNP B bond NN I prices NNS I . . O That DT B , , O coupled VBN O with IN O poor JJ B third-quarter JJ I corporate-earnings NNS I comparisons NNS I , , O `` `` O will MD O make VB O trouble NN B for IN O the DT B equity NN I market NN I for IN O the DT B next JJ I two CD I to TO I three CD I months NNS I , , O '' '' O he PRP B says VBZ O . . O But CC O several JJ B other JJ I traders NNS I contend VBP O investors NNS B have VBP O overreacted VBN O to TO O junk-bond NN B jitters NNS I , , O and CC O that IN O stock NN B prices NNS I will MD O continue VB O to TO O recover VB O . . O `` `` O They PRP B shot NN O the DT B whole JJ I orchestra NN I just RB O because IN O the DT B piano NN I player NN I hit VBD O a DT B bad JJ I note NN I , , O '' '' O said VBD O Laszlo NNP B Birinyi NNP I , , O president NN B of IN O Birinyi NNP B Associates NNP I Inc. NNP I , , O referring VBG O to TO O the DT B stock NN I market NN I 's POS B plunge NN I Friday NNP B on IN O news NN B of IN O trouble NN B in IN O financing VBG O the DT B UAL NNP I Corp NNP I . . I buy-out NN I . . O In IN O major JJ B market NN I activity NN I : : O Treasury NNP B bond NN I prices NNS I fell VBD O . . O The DT B yield NN I on IN O 30-year NNP B Treasury NNP I bonds NNS I climbed VBD O back RB O above IN O 8 CD B % NN I , , O ending VBG O the DT B day NN I at IN O 8.03 CD B % NN I . . O The DT B dollar NN I was VBD O mixed VBN O . . O Late JJ B yesterday NN I in IN O New NNP B York NNP I , , O the DT B dollar NN I rose VBD O to TO O 142.75 CD B yen NN I from IN O 141.80 CD B yen NN I Monday NNP B , , O but CC O fell VBD O to TO O 1.8667 CD B marks NNS I from IN O 1.8685 CD B marks NNS I . . O The DT B Consumer NNP I News NNP I and CC I Business NNP I Channel NNP I cable NN I network NN I and CC O U.S. NNP B News NNP I & CC I World NNP I Report NNP I have VBP O formed VBN O a DT B joint JJ I venture NN I to TO O produce VB O cable NN B program NN I versions NNS I of IN O special JJ B issues NNS I of IN O the DT B magazine NN I . . O The DT B programs NNS I will MD O run VB O on IN O the DT B cable NN I network NN I the DT B Sunday NNP I evening NN I immediately RB O prior RB O to TO O the DT B release NN I of IN O the DT B special JJ I issue NN I of IN O U.S. NNP B News NNP I & CC I World NNP I Report NNP I . . O CNBC NNP B is VBZ O a DT B joint JJ I venture NN I of IN O the DT B National NNP I Broadcasting NNP I Co. NNP I , , O a DT B unit NN I of IN O General NNP B Electric NNP I Co. NNP I , , O and CC O Cablevision NNP B System NNP I Corp NNP I . . O Advertisers NNS B will MD O be VB O offered VBN O an DT B advertising NN I package NN I , , O which WDT B for IN O a DT B single JJ I price NN I , , O will MD O include VB O time NN B on IN O the DT B CNBC NNP I program NN I and CC O ad NN B pages NNS I in IN O the DT B special JJ I guides NNS I . . O CNBC NNP B will MD O produce VB O six CD B , , I one-hour JJ I programs NNS I , , O beginning VBG O in IN O April NNP B 1990 CD I . . O The DT B first JJ I program NN I scheduled VBN O in IN O the DT B joint JJ I venture NN I is VBZ O `` `` O The DT O 1990 CD O Homeowner NNP B 's POS I Guide NNP O . . O '' '' O Other JJ B programs NNS I and CC I special JJ I issues NNS I will MD O be VB O based VBN O on IN O themes NNS B of IN O health NN B , , O jobs NNS B , , O personal JJ B finance NN I , , O the DT B best JJS I colleges NNS I , , O and CC O investments NNS B . . O The DT B programs NNS I will MD O be VB O written VBN O and CC O produced VBN O by IN O CNBC NNP B , , O with IN O background NN B and CC I research NN I provided VBN O by IN O staff NN B from IN O U.S. NNP B News NNP I & CC I World NNP I Report NNP I . . O Skoal NNP B Daze NNP I I PRP B 've VBP O learned VBD O the DT B hard JJ I way NN I that IN O too RB B much JJ I booze NN I Takes VBZ O revenge NN B the DT B next JJ I day NN I about IN O nine CD B ; : O No DT B wonder NN I I PRP I say VBP O , , O `` `` O I PRP B drink VBP O to TO O your PRP$ B health NN I '' '' O -- : O It PRP B certainly RB O is VBZ O n't RB O to TO O mine VB B ! . O -- : B George NNP I O. NNP I Ludcke NNP I . . I Spaced NNP O Out IN O Those DT B supermarket NN I tabloids NNS I Make VBP O me PRP B feel VBP O slow JJ O Because IN O I PRP B still RB O have VBP O n't RB O seen VBN O -- : B Bruce NNP I Kafaroff NNP I . . I Daffynition NN B Repression NN B : : O emote VB B control NN I . . O -- : B Daisy NNP I Brown NNP I . . I Weyerhaeuser NNP B Co. NNP I reported VBD O a DT B one-time JJ I gain NN I and CC O strong JJ B wood-product NN I sales NNS I that WDT B offset VBP O weakness NN B in IN O pulp NN B and CC I paper NN I to TO O fuel VB O a DT B 15 CD I % NN I jump NN I in IN O third-quarter JJ B net JJ I income NN I to TO O $ $ B 166.8 CD I million CD I , , O or CC O 78 CD B cents NNS I a DT B share NN I . . O In IN O the DT B 1988 CD I third JJ I quarter NN I , , O the DT B forest-products NNS I company NN I reported VBD O profit NN B of IN O $ $ B 144.9 CD I million CD I , , O or CC O 69 CD B cents NNS I a DT B share NN I . . O Sales NNS B rose VBD O 9 CD B % NN I to TO O $ $ B 2.57 CD I billion CD I from IN O $ $ B 2.36 CD I billion CD I . . O For IN O the DT B nine CD I months NNS I , , O the DT B company NN I posted VBD O a DT B 14 CD I % NN I rise NN I in IN O profit NN B to TO O $ $ B 469.8 CD I million CD I , , O or CC O $ $ B 2.21 CD I a DT B share NN I , , O from IN O $ $ B 410.3 CD I million CD I , , O or CC O $ $ B 1.95 CD I a DT B share NN I . . O Sales NNS B rose VBD O 9 CD B % NN I to TO O $ $ B 7.54 CD I billion CD I from IN O $ $ B 6.95 CD I billion CD I . . O Results NNS B for IN O the DT B 1989 CD I third JJ I quarter NN I and CC I nine CD I months NNS I include VBP O a DT B pretax JJ I loss NN I of IN O $ $ B 33 CD I million CD I from IN O the DT B company NN I 's POS B business NN I improvement NN I and CC I refocusing NN I program NN I , , O and CC O a DT B gain NN I of IN O $ $ B 49 CD I million CD I on IN O the DT B sale NN I of IN O a DT B subsidiary NN I 's POS B common JJ I stock NN I . . O Forest-products NNS B operations NNS I strengthened VBN O in IN O the DT B third JJ I quarter NN I , , O while IN O paper NN B operations NNS I were VBD O dogged VBN O by IN O higher JJR B costs NNS I , , O soft JJ B newsprint NN I exports NNS I and CC O a DT B strong JJ I Japanese JJ I yen NN I . . O Some DT B competing VBG I forest-products NNS I firms NNS I have VBP O recently RB O reported VBN O improved VBN B results NNS I due JJ O to TO O strong JJ B pulp NN I and CC I paper NN I business NN I . . O Weyerhaeuser NNP B 's POS B pulp NN I and CC I paper NN I operations NNS I were VBD O up IN O for IN O the DT B nine CD I months NNS I , , O but CC O full-year JJ B performance NN I depends VBZ O on IN O the DT B balance NN I of IN O operating VBG B and CC I maintenance NN I costs NNS I , , O plus CC O pricing NN B of IN O certain JJ B products NNS I , , O the DT B company NN I said VBD O . . O Looking VBG O ahead RB O to TO O the DT B fourth JJ I quarter NN I , , O the DT B company NN I said VBD O export NN B log NN I and CC I lumber NN I markets NNS I will MD O be VB O weak JJ O , , O while IN O panel NN B and CC I plywood NN I markets NNS I will MD O be VB O stronger JJR O . . O Pulp NNP B and CC I paper NN I performance NN I depends VBZ O on IN O cost NN B and CC I price NN I variables NNS I , , O the DT B company NN I said VBD O . . O Bankers NNP B Trust NNP I New NNP I York NNP I Corp. NNP I became VBD O the DT B latest JJS I major JJ I U.S. NNP I bank NN I to TO O increase VB O reserves NNS B for IN O its PRP$ B loans NNS I to TO O less-developed JJ B countries NNS I , , O making VBG O a DT B $ $ I 1.6 CD I billion CD I third-quarter JJ I addition NN I to TO O its PRP$ B provision NN I . . O The DT B bank NN I also RB O said VBD O it PRP B expects VBZ O to TO O report VB O a DT B $ $ I 1.42 CD I billion CD I loss NN I for IN O the DT B third JJ I quarter NN I and CC O a DT B loss NN I for IN O the DT B full JJ I year NN I . . O The DT B new JJ I reserves NNS I bring VBP O the DT B company NN I 's POS B provision NN I for IN O loans NNS B to TO O Third NNP B World NNP I countries NNS I to TO O $ $ B 2.6 CD I billion CD I , , O or CC O 85 CD B % NN I of IN O Bankers NNP B Trust NNP I 's POS B medium NN I and CC I long-term JJ I loans NNS I to TO O these DT B countries NNS I . . O `` `` O Step NN O up IN O to TO O the DT B plate NN I and CC O take VB O the DT B big JJ I swing NN I . . O Get VB O the DT B problem NN I behind IN O you PRP B and CC O do VBP O n't RB O look VB O back RB O , , O '' '' O said VBD O James NNP B J. NNP I McDermott NNP I , , O analyst NN B at IN O Keefe NNP B , , I Bruyette NNP I & CC I Woods NNP I , , O in IN O approving VBG O of IN O the DT B move NN I . . O Bankers NNP B Trust NNP I `` `` O has VBZ O had VBN O the DT B capacity NN I to TO O do VB O this DT B for IN O some DT B time NN I , , O '' '' O the DT B analyst NN I said VBD O . . O He PRP B expects VBZ O Citicorp NNP B to TO O take VB O a DT B similar JJ I step NN I this DT B year NN I . . O Citicorp NN B yesterday NN B reported VBD O a DT B 9 CD I % NN I third-quarter JJ I earnings NNS I drop NN I , , O which WDT B analysts NNS B called VBD O a DT O bit NN O disappointing JJ O , , O while IN O Manufacturers NNP B Hanover NNP I Corp. NNP I posted VBD O a DT B $ $ I 789 CD I million CD I loss NN I for IN O the DT B quarter NN I after IN O adding VBG O $ $ B 950 CD I million CD I to TO O its PRP$ B reserve NN I for IN O loans NNS B to TO O less-developed JJ B countries NNS I . . O Three CD B other JJ I major JJ I U.S. NNP I banks NNS I posted VBD O earnings NNS B increases NNS I . . O Wells NNP B Fargo NNP I & CC I Co. NNP I of IN O San NNP B Francisco NNP I posted VBD O a DT B 17 CD I % NN I jump NN I . . O PNC NNP B Financial NNP I Corp. NNP I , , O the DT B parent NN I of IN O Pittsburgh NNP B National NNP I Bank NNP I , , O reported VBD O net JJ B income NN I climbed VBD O 9.8 CD B % NN I , , O while IN O net JJ B for IN O Banc NNP B One CD I Corp. NNP I of IN O Columbus NNP B , , O Ohio NNP B , , O grew VBD O 3.8 CD B % NN I . . O