Confidence NN B-NP
in IN B-PP
the DT B-NP
pound NN I-NP
is VBZ B-VP
widely RB I-VP
expected VBN I-VP
to TO I-VP
take VB I-VP
another DT B-NP
sharp JJ I-NP
dive NN I-NP
if IN B-SBAR
trade NN B-NP
figures NNS I-NP
for IN B-PP
September NNP B-NP
, , O
due JJ B-ADJP
for IN B-PP
release NN B-NP
tomorrow NN B-NP
, , O
fail VB B-VP
to TO I-VP
show VB I-VP
a DT B-NP
substantial JJ I-NP
improvement NN I-NP
from IN B-PP
July NNP B-NP
and CC I-NP
August NNP I-NP
's POS B-NP
near-record JJ I-NP
deficits NNS I-NP
. . O

Chancellor NNP O
of IN B-PP
the DT B-NP
Exchequer NNP I-NP
Nigel NNP B-NP
Lawson NNP I-NP
's POS B-NP
restated VBN I-NP
commitment NN I-NP
to TO B-PP
a DT B-NP
firm NN I-NP
monetary JJ I-NP
policy NN I-NP
has VBZ B-VP
helped VBN I-VP
to TO I-VP
prevent VB I-VP
a DT B-NP
freefall NN I-NP
in IN B-PP
sterling NN B-NP
over IN B-PP
the DT B-NP
past JJ I-NP
week NN I-NP
. . O

But CC O
analysts NNS B-NP
reckon VBP B-VP
underlying VBG B-NP
support NN I-NP
for IN B-PP
sterling NN B-NP
has VBZ B-VP
been VBN I-VP
eroded VBN I-VP
by IN B-PP
the DT B-NP
chancellor NN I-NP
's POS B-NP
failure NN I-NP
to TO B-VP
announce VB I-VP
any DT B-NP
new JJ I-NP
policy NN I-NP
measures NNS I-NP
in IN B-PP
his PRP$ B-NP
Mansion NNP I-NP
House NNP I-NP
speech NN I-NP
last JJ B-NP
Thursday NNP I-NP
. . O

This DT B-NP
has VBZ B-VP
increased VBN I-VP
the DT B-NP
risk NN I-NP
of IN B-PP
the DT B-NP
government NN I-NP
being VBG B-VP
forced VBN I-VP
to TO I-VP
increase VB I-VP
base NN B-NP
rates NNS I-NP
to TO B-PP
16 CD B-NP
% NN I-NP
from IN B-PP
their PRP$ B-NP
current JJ I-NP
15 CD I-NP
% NN I-NP
level NN I-NP
to TO B-VP
defend VB I-VP
the DT B-NP
pound NN I-NP
, , O
economists NNS B-NP
and CC O
foreign JJ B-NP
exchange NN I-NP
market NN I-NP
analysts NNS I-NP
say VBP B-VP
. . O

`` `` O
The DT B-NP
risks NNS I-NP
for IN B-PP
sterling NN B-NP
of IN B-PP
a DT B-NP
bad JJ I-NP
trade NN I-NP
figure NN I-NP
are VBP B-VP
very RB B-ADVP
heavily RB I-ADVP
on IN B-PP
the DT B-NP
down JJ I-NP
side NN I-NP
, , O
'' '' O
said VBD B-VP
Chris NNP B-NP
Dillow NNP I-NP
, , O
senior JJ B-NP
U.K. NNP I-NP
economist NN I-NP
at IN B-PP
Nomura NNP B-NP
Research NNP I-NP
Institute NNP I-NP
. . O

`` `` O
If IN B-SBAR
there EX B-NP
is VBZ B-VP
another DT B-NP
bad JJ I-NP
trade NN I-NP
number NN I-NP
, , O
there EX B-NP
could MD B-VP
be VB I-VP
an DT B-NP
awful JJ I-NP
lot NN I-NP
of IN B-PP
pressure NN B-NP
, , O
'' '' O
noted VBD B-VP
Simon NNP B-NP
Briscoe NNP I-NP
, , O
U.K. NNP B-NP
economist NN I-NP
for IN B-PP
Midland NNP B-NP
Montagu NNP I-NP
, , O
a DT B-NP
unit NN I-NP
of IN B-PP
Midland NNP B-NP
Bank NNP I-NP
PLC NNP I-NP
. . O

Forecasts NNS B-NP
for IN B-PP
the DT B-NP
trade NN I-NP
figures NNS I-NP
range VBP B-VP
widely RB B-ADVP
, , O
but CC O
few JJ B-NP
economists NNS I-NP
expect VBP B-VP
the DT B-NP
data NNS I-NP
to TO B-VP
show VB I-VP
a DT B-NP
very RB I-NP
marked VBN I-NP
improvement NN I-NP
from IN B-PP
the DT O
# # O
2 CD O
billion CD O
-LRB- ( O
$ $ B-ADJP
3.2 CD O
billion CD O
-RRB- ) O
deficit NN B-NP
in IN B-PP
the DT B-NP
current JJ I-NP
account NN I-NP
reported VBD B-VP
for IN B-PP
August NNP B-NP
. . O

The DT B-NP
August NNP I-NP
deficit NN I-NP
and CC O
the DT B-NP
# # I-NP
2.2 CD I-NP
billion CD I-NP
gap NN I-NP
registered VBN B-VP
in IN B-PP
July NNP B-NP
are VBP B-VP
topped VBN I-VP
only RB B-ADVP
by IN B-PP
the DT B-NP
# # I-NP
2.3 CD I-NP
billion CD I-NP
deficit NN I-NP
of IN B-PP
October NNP B-NP
1988 CD I-NP
. . O

Sanjay NNP B-NP
Joshi NNP I-NP
, , O
European JJ B-NP
economist NN I-NP
at IN B-PP
Baring NNP B-NP
Brothers NNPS I-NP
& CC I-NP
Co. NNP I-NP
, , O
said VBD B-VP
there EX B-NP
is VBZ B-VP
no DT B-NP
sign NN I-NP
that IN B-SBAR
Britain NNP B-NP
's POS B-NP
manufacturing NN I-NP
industry NN I-NP
is VBZ B-VP
transforming VBG I-VP
itself PRP B-NP
to TO B-VP
boost VB I-VP
exports NNS B-NP
. . O

At IN B-PP
the DT B-NP
same JJ I-NP
time NN I-NP
, , O
he PRP B-NP
remains VBZ B-VP
fairly RB B-ADJP
pessimistic JJ I-ADJP
about IN B-PP
the DT B-NP
outlook NN I-NP
for IN B-PP
imports NNS B-NP
, , O
given VBN B-PP
continued VBD B-NP
high JJ I-NP
consumer NN I-NP
and CC I-NP
capital NN I-NP
goods NNS I-NP
inflows NNS I-NP
. . O

He PRP B-NP
reckons VBZ B-VP
the DT B-NP
current JJ I-NP
account NN I-NP
deficit NN I-NP
will MD B-VP
narrow VB I-VP
to TO B-PP
only RB B-NP
# # I-NP
1.8 CD I-NP
billion CD I-NP
in IN B-PP
September NNP B-NP
. . O

However RB B-ADVP
, , O
Mr. NNP B-NP
Dillow NNP I-NP
said VBD B-VP
he PRP B-NP
believes VBZ B-VP
that IN B-SBAR
a DT B-NP
reduction NN I-NP
in IN B-PP
raw JJ B-NP
material NN I-NP
stockbuilding VBG I-NP
by IN B-PP
industry NN B-NP
could MD B-VP
lead VB I-VP
to TO B-PP
a DT B-NP
sharp JJ I-NP
drop NN I-NP
in IN B-PP
imports NNS B-NP
. . O

Combined VBN B-PP
with IN B-PP
at IN B-ADVP
least JJS I-ADVP
some DT B-NP
rebound NN I-NP
in IN B-PP
exports NNS B-NP
after IN B-PP
August NNP B-NP
's POS B-NP
unexpected JJ I-NP
decline NN I-NP
, , O
the DT B-NP
deficit NN I-NP
could MD B-VP
narrow VB I-VP
to TO B-PP
as RB B-NP
little JJ I-NP
as IN I-NP
# # I-NP
1.3 CD I-NP
billion CD I-NP
. . O

Mr. NNP B-NP
Briscoe NNP I-NP
, , O
who WP B-NP
also RB B-ADVP
forecasts VBZ B-VP
a DT B-NP
# # I-NP
1.3 CD I-NP
billion CD I-NP
current JJ I-NP
account NN I-NP
gap NN I-NP
, , O
warns VBZ B-VP
that IN B-SBAR
even RB B-SBAR
if IN I-SBAR
the DT B-NP
trade NN I-NP
figures NNS I-NP
are VBP B-VP
bullish JJ B-ADJP
for IN B-PP
sterling NN B-NP
, , O
the DT B-NP
currency NN I-NP
wo MD B-VP
n't RB I-VP
advance VB I-VP
much JJ B-NP
because IN B-SBAR
investors NNS B-NP
will MD B-VP
want VB I-VP
to TO I-VP
see VB I-VP
further JJ B-NP
evidence NN I-NP
of IN B-PP
the DT B-NP
turnaround NN I-NP
before IN B-PP
adjusting VBG B-VP
positions NNS B-NP
. . O

Nevertheless RB B-ADVP
, , O
he PRP B-NP
noted VBD B-VP
, , O
`` `` O
No DT B-NP
one PRP I-NP
will MD B-VP
want VB I-VP
to TO I-VP
go VB I-VP
into IN B-PP
the DT B-NP
trade NN I-NP
figures NNS I-NP
without IN B-PP
a DT B-NP
flat JJ I-NP
position NN I-NP
'' '' O
in IN B-PP
the DT B-NP
pound NN I-NP
. . O

Meanwhile RB B-ADVP
, , O
overall JJ B-NP
evidence NN I-NP
on IN B-PP
the DT B-NP
economy NN I-NP
remains VBZ B-VP
fairly RB B-ADJP
clouded VBN I-ADJP
. . O

In IN B-PP
his PRP$ B-NP
Mansion NNP I-NP
House NNP I-NP
speech NN I-NP
, , O
Mr. NNP B-NP
Lawson NNP I-NP
warned VBD B-VP
that IN B-SBAR
a DT B-NP
further JJ I-NP
slowdown NN I-NP
can MD B-VP
be VB I-VP
expected VBN I-VP
as IN B-SBAR
the DT B-NP
impact NN I-NP
of IN B-PP
the DT B-NP
last JJ I-NP
rise NN I-NP
in IN B-PP
interest NN B-NP
rates NNS I-NP
earlier RBR B-NP
this DT I-NP
month NN I-NP
takes VBZ B-VP
effect NN B-NP
. . O

U.K. JJ B-NP
base NN I-NP
rates NNS I-NP
are VBP B-VP
at IN B-PP
their PRP$ B-NP
highest JJS I-NP
level NN I-NP
in IN B-PP
eight CD B-NP
years NNS I-NP
. . O

But CC O
consumer NN B-NP
expenditure NN I-NP
data NNS I-NP
released VBD B-VP
Friday NNP B-NP
do VBP B-VP
n't RB I-VP
suggest VB I-VP
that IN B-SBAR
the DT B-NP
U.K. NNP I-NP
economy NN I-NP
is VBZ B-VP
slowing VBG I-VP
that DT B-ADVP
quickly RB I-ADVP
. . O

The DT B-NP
figures NNS I-NP
show VBP B-VP
that DT O
spending NN B-NP
rose VBD B-VP
0.1 CD B-NP
% NN I-NP
in IN B-PP
the DT B-NP
third JJ I-NP
quarter NN I-NP
from IN B-PP
the DT B-NP
second JJ I-NP
quarter NN I-NP
and CC O
was VBD B-VP
up IN B-ADVP
3.8 CD B-NP
% NN I-NP
from IN B-PP
a DT B-NP
year NN I-NP
ago RB B-ADVP
. . O

This DT B-NP
compares VBZ B-VP
with IN B-PP
a DT B-NP
1.6 CD I-NP
% NN I-NP
rise NN I-NP
in IN B-PP
the DT B-NP
second NN I-NP
from IN B-PP
the DT B-NP
first JJ I-NP
quarter NN I-NP
and CC O
a DT B-NP
5.4 CD I-NP
% NN I-NP
increase NN I-NP
from IN B-PP
the DT B-NP
second JJ I-NP
quarter NN I-NP
of IN B-PP
1988 CD B-NP
. . O

Mr. NNP B-NP
Dillow NNP I-NP
said VBD B-VP
the DT B-NP
data NNS I-NP
show VBP B-VP
the DT B-NP
economy NN I-NP
`` `` O
is VBZ B-VP
still RB B-ADVP
quite RB B-ADJP
strong JJ I-ADJP
, , O
'' '' O
but CC O
suggestions NNS B-NP
that IN B-SBAR
much NN B-NP
of IN B-PP
the DT B-NP
spending NN I-NP
went VBD B-VP
on IN B-PP
services NNS B-NP
rather RB B-PP
than IN I-PP
consumer NN B-NP
goods NNS I-NP
should MD B-VP
reduce VB I-VP
fears NNS B-NP
of IN B-PP
more JJR B-NP
import NN I-NP
rises NNS I-NP
. . O

Certainly RB B-ADVP
, , O
the DT B-NP
chancellor NN I-NP
has VBZ B-VP
made VBN I-VP
it PRP B-NP
clear JJ B-ADJP
that IN B-SBAR
he PRP B-NP
is VBZ B-VP
prepared VBN I-VP
to TO I-VP
increase VB I-VP
interest NN B-NP
rates NNS I-NP
again RB B-ADVP
if IN B-SBAR
necessary JJ B-ADJP
to TO B-VP
both DT I-VP
ensure VB I-VP
that IN B-SBAR
a DT B-NP
substantial JJ I-NP
slowdown NN I-NP
does VBZ B-VP
take VB I-VP
place NN B-NP
and CC O
that DT O
sterling NN B-NP
does VBZ B-VP
n't RB I-VP
decline VB I-VP
further JJ B-ADVP
. . O

Thursday NNP B-NP
, , O
he PRP B-NP
reminded VBD B-VP
his PRP$ B-NP
audience NN I-NP
that IN B-SBAR
the DT B-NP
government NN I-NP
`` `` O
can MD B-VP
not RB I-VP
allow VB I-VP
the DT B-NP
necessary JJ I-NP
rigor NN I-NP
of IN B-PP
monetary JJ B-NP
policy NN I-NP
to TO B-VP
be VB I-VP
undermined VBN I-VP
by IN B-PP
exchange NN B-NP
rate NN I-NP
weakness NN I-NP
. . O
'' '' O

Analysts NNS B-NP
agree VBP B-VP
there EX B-NP
is VBZ B-VP
little JJ B-NP
holding NN B-VP
sterling NN B-NP
firm NN B-ADJP
at IN B-PP
the DT B-NP
moment NN I-NP
other JJ B-ADJP
than IN B-PP
Mr. NNP B-NP
Lawson NNP I-NP
's POS B-NP
promise NN I-NP
that IN B-SBAR
rates NNS B-NP
will MD B-VP
be VB I-VP
pushed VBN I-VP
higher JJR B-ADJP
if IN B-SBAR
necessary JJ B-ADJP
. . O

And CC O
, , O
they PRP B-NP
warn VBP B-VP
, , O
any DT B-NP
further JJ I-NP
drop NN I-NP
in IN B-PP
the DT B-NP
government NN I-NP
's POS B-NP
popularity NN I-NP
could MD B-VP
swiftly RB I-VP
make VB I-VP
this DT B-NP
promise NN I-NP
sound NN B-VP
hollow JJ B-ADJP
. . O

Sterling NNP B-NP
was VBD B-VP
already RB I-VP
showing VBG I-VP
some DT B-NP
signs NNS I-NP
of IN B-PP
a DT B-NP
lack NN I-NP
of IN B-PP
confidence NN B-NP
in IN B-PP
Mr. NNP B-NP
Lawson NNP I-NP
's POS B-NP
promise NN I-NP
Friday NNP B-NP
. . O

In IN B-PP
European JJ B-NP
trading NN I-NP
it PRP B-NP
declined VBD B-VP
to TO B-PP
$ $ B-NP
1.5890 CD I-NP
and CC O
2.9495 CD B-NP
marks NNS I-NP
from IN B-PP
$ $ B-NP
1.5940 CD I-NP
and CC O
2.9429 CD B-NP
marks NNS I-NP
late JJ B-NP
Thursday NNP I-NP
. . O

Economists NNS B-NP
suggested VBD B-VP
that IN B-SBAR
if IN B-SBAR
the DT B-NP
pound NN I-NP
falls VBZ B-VP
much JJ B-NP
below IN B-PP
2.90 CD B-NP
marks NNS I-NP
, , O
the DT B-NP
government NN I-NP
will MD B-VP
be VB I-VP
forced VBN I-VP
to TO I-VP
increase VB I-VP
rates NNS B-NP
to TO B-PP
16 CD B-NP
% NN I-NP
, , O
both DT B-VP
to TO I-VP
halt VB B-VP
any DT B-NP
further JJ I-NP
decline NN I-NP
and CC O
ensure VB B-VP
that IN B-SBAR
the DT B-NP
balance NN I-NP
of IN B-PP
monetary JJ B-NP
policy NN I-NP
remains VBZ B-VP
unchanged JJ B-ADJP
. . O

Friday NNP B-NP
's POS B-NP
Market NNP I-NP
Activity NN I-NP

The DT B-NP
dollar NN I-NP
posted VBD B-VP
gains NNS B-NP
in IN B-PP
quiet JJ B-NP
trading NN I-NP
as IN B-SBAR
concerns NNS B-NP
about IN B-PP
equities NNS B-NP
abated VBN B-VP
. . O

Foreign JJ B-NP
exchange NN I-NP
dealers NNS I-NP
said VBD B-VP
that IN B-SBAR
the DT B-NP
currency NN I-NP
market NN I-NP
has VBZ B-VP
begun VBN I-VP
to TO I-VP
distance VB I-VP
itself PRP B-NP
from IN B-PP
the DT B-NP
volatile JJ I-NP
stock NN I-NP
exchange NN I-NP
, , O
which WDT B-NP
has VBZ B-VP
preoccupied VBN I-VP
the DT B-NP
market NN I-NP
since IN B-PP
Oct. NNP B-NP
13 CD I-NP
, , O
when WRB B-ADVP
the DT B-NP
Dow NNP I-NP
Jones NNP I-NP
Industrial NNP I-NP
Average NNP I-NP
plunged VBD B-VP
more JJR B-NP
than IN I-NP
190 CD I-NP
points NNS I-NP
. . O

Currency NN B-NP
analysts NNS I-NP
predict VBP B-VP
that IN B-SBAR
in IN B-PP
the DT B-NP
coming VBG I-NP
week NN I-NP
the DT B-NP
foreign JJ I-NP
exchange NN I-NP
market NN I-NP
will MD B-VP
shift VB I-VP
its PRP$ B-NP
focus NN I-NP
back RB B-ADVP
to TO B-PP
economic JJ B-NP
fundamentals NNS I-NP
, , O
keeping VBG B-VP
a DT B-NP
close NN I-NP
eye NN I-NP
out IN B-ADVP
for IN B-PP
any DT B-NP
signs NNS I-NP
of IN B-PP
monetary JJ B-NP
easing NN I-NP
by IN B-PP
U.S. NNP B-NP
Federal NNP I-NP
Reserve NNP I-NP
. . O

Late RB B-ADVP
in IN B-PP
the DT B-NP
New NNP I-NP
York NNP I-NP
trading NN I-NP
day NN I-NP
, , O
the DT B-NP
dollar NN I-NP
was VBD B-VP
quoted VBN I-VP
at IN B-PP
1.8578 CD B-NP
marks NNS I-NP
, , O
up IN B-ADVP
from IN B-PP
1.8470 CD B-NP
marks NNS I-NP
late JJ B-NP
Thursday NNP I-NP
in IN B-PP
New NNP B-NP
York NNP I-NP
. . O

The DT B-NP
U.S. NNP I-NP
currency NN I-NP
was VBD B-VP
also RB I-VP
changing VBG I-VP
hands NNS B-NP
at IN B-PP
142.43 CD B-NP
yen NN I-NP
, , O
up IN B-ADVP
from IN B-PP
141.70 CD B-NP
yen NN I-NP
in IN B-PP
New NNP B-NP
York NNP I-NP
late JJ B-NP
Thursday NNP I-NP
. . O

In IN B-PP
Tokyo NNP B-NP
on IN B-PP
Monday NNP B-NP
, , O
the DT B-NP
U.S. NNP I-NP
currency NN I-NP
opened VBD B-VP
for IN B-PP
trading NN B-NP
at IN B-PP
141.95 CD B-NP
yen NN I-NP
, , O
up IN B-ADVP
from IN B-PP
Friday NNP B-NP
's POS B-NP
Tokyo NNP I-NP
close NN I-NP
of IN B-PP
141.35 CD B-NP
yen NN I-NP
. . O

On IN B-PP
the DT B-NP
Commodity NNP I-NP
Exchange NNP I-NP
in IN B-PP
New NNP B-NP
York NNP I-NP
, , O
gold NN B-NP
for IN B-PP
current JJ B-NP
delivery NN I-NP
settled VBD B-VP
at IN B-PP
$ $ B-NP
367.30 CD I-NP
an DT B-NP
ounce NN I-NP
, , O
up IN B-ADVP
20 CD B-NP
cents NNS I-NP
. . O

Estimated VBN B-NP
volume NN I-NP
was VBD B-VP
a DT B-NP
light NN I-NP
2.4 CD I-NP
million CD I-NP
ounces NNS I-NP
. . O

In IN B-PP
early JJ B-NP
trading NN I-NP
in IN B-PP
Hong NNP B-NP
Kong NNP I-NP
Monday NNP B-NP
, , O
gold NN B-NP
was VBD B-VP
quoted VBN I-VP
at IN B-PP
$ $ B-NP
366.50 CD I-NP
an DT B-NP
ounce NN I-NP
. . O

East NNP B-NP
Rock NNP I-NP
Partners NNP I-NP
Limited NNP I-NP
Partnership NNP I-NP
said VBD B-VP
it PRP B-NP
proposed VBD B-VP
to TO I-VP
acquire VB I-VP
A.P. NNP B-NP
Green NNP I-NP
Industries NNP I-NP
Inc. NNP I-NP
for IN B-PP
$ $ B-NP
40 CD I-NP
a DT B-NP
share NN I-NP
. . O

In IN B-PP
an DT B-NP
Oct. NNP I-NP
19 CD I-NP
letter NN I-NP
to TO B-PP
A.P. NNP B-NP
Green NNP I-NP
's POS B-NP
board NN I-NP
, , O
East NNP B-NP
Rock NNP I-NP
said VBD B-VP
the DT B-NP
offer NN I-NP
is VBZ B-VP
subject NN B-ADJP
to TO B-PP
the DT B-NP
signing NN I-NP
of IN B-PP
a DT B-NP
merger NN I-NP
agreement NN I-NP
by IN B-PP
no DT B-ADVP
later RB I-ADVP
than IN B-PP
Oct. NNP B-NP
31 CD I-NP
. . O

The DT B-NP
letter NN I-NP
, , O
attached VBN B-VP
to TO B-PP
a DT B-NP
filing NN I-NP
with IN B-PP
the DT B-NP
Securities NNP I-NP
and CC I-NP
Exchange NNP I-NP
Commission NNP I-NP
, , O
said VBD B-VP
the DT B-NP
approval NN I-NP
is VBZ B-VP
also RB B-ADVP
contingent JJ B-ADJP
upon IN B-PP
obtaining VBG B-VP
satisfactory JJ B-NP
financing NN I-NP
. . O

An DT B-NP
A.P. NNP I-NP
Green NNP I-NP
official NN I-NP
declined VBD B-VP
to TO I-VP
comment VB I-VP
on IN B-PP
the DT B-NP
filing NN I-NP
. . O

The DT B-NP
$ $ I-NP
40-a-share JJ I-NP
proposal NN I-NP
values VBZ B-VP
the DT B-NP
company NN I-NP
at IN B-PP
about RB B-NP
$ $ I-NP
106.6 CD I-NP
million CD I-NP
. . O

A.P. NNP B-NP
Green NNP I-NP
currently RB B-ADVP
has VBZ B-VP
2,664,098 CD B-NP
shares NNS I-NP
outstanding JJ B-ADJP
. . O

Its PRP$ B-NP
stock NN I-NP
closed VBD B-VP
at IN B-PP
$ $ B-NP
38 CD I-NP
, , O
up IN B-ADVP
$ $ B-NP
1.875 CD I-NP
, , O
in IN B-PP
national JJ B-NP
over-the-counter JJ I-NP
trading NN I-NP
. . O

The DT B-NP
company NN I-NP
is VBZ B-VP
a DT B-NP
Mexico NNP I-NP
, , I-NP
Mo. NNP I-NP
, , I-NP
maker NN I-NP
of IN B-PP
refractory JJ B-NP
products NNS I-NP
. . O

East NNP B-NP
Rock NNP I-NP
also RB B-ADVP
said VBD B-VP
in IN B-PP
the DT B-NP
filing NN I-NP
that IN B-SBAR
it PRP B-NP
boosted VBD B-VP
its PRP$ B-NP
stake NN I-NP
in IN B-PP
A.P. NNP B-NP
Green NNP I-NP
to TO B-PP
8.7 CD B-NP
% NN I-NP
. . O

It PRP B-NP
now RB B-ADVP
holds VBZ B-VP
233,000 CD B-NP
A.P. NNP I-NP
Green NNP I-NP
common JJ I-NP
shares NNS I-NP
, , O
including VBG B-PP
30,000 CD B-NP
shares NNS I-NP
bought VBD B-VP
last JJ B-NP
Thursday NNP I-NP
for IN B-PP
$ $ B-NP
35.50 CD I-NP
to TO I-NP
$ $ I-NP
36.50 CD I-NP
a DT B-NP
share NN I-NP
. . O

New NNP B-NP
York-based JJ I-NP
John NNP I-NP
Kuhns NNP I-NP
and CC I-NP
Robert NNP I-NP
MacDonald NNP I-NP
control NN B-VP
East NNP B-NP
Rock NNP I-NP
Partners NNP I-NP
Inc. NNP I-NP
, , O
the DT B-NP
sole JJ I-NP
general JJ I-NP
partner NN I-NP
of IN B-PP
East NNP B-NP
Rock NNP I-NP
Partners NNP I-NP
L.P NNP I-NP
. . O

The DT B-NP
sole JJ I-NP
limited JJ I-NP
partner NN I-NP
of IN B-PP
the DT B-NP
partnership NN I-NP
is VBZ B-VP
Westwood NNP B-NP
Brick NNP I-NP
Lime NNP I-NP
Inc. NNP I-NP
, , O
an DT B-NP
indirect JJ I-NP
subsidiary NN I-NP
of IN B-PP
Westwood NNP B-NP
Group NNP I-NP
Inc NNP I-NP
. . O

Both DT B-NP
Westwood NNP B-NP
Brick NNP I-NP
and CC O
Westwood NNP B-NP
Group NNP I-NP
are VBP B-VP
based VBN I-VP
in IN B-PP
Boston NNP B-NP
. . O

Freight NN B-NP
rates NNS I-NP
, , O
declining VBG B-VP
for IN B-PP
most RBS B-NP
of IN B-PP
the DT B-NP
decade NN I-NP
because IN B-PP
of IN I-PP
competition NN B-NP
spurred VBN B-VP
by IN B-PP
deregulation NN B-NP
, , O
are VBP B-VP
bottoming VBG I-VP
out IN B-PRT
, , O
turning VBG B-VP
upward RB B-ADVP
and CC O
threatening VBG B-VP
to TO I-VP
fuel VB I-VP
inflation NN B-NP
. . O

Trucking NNP B-NP
, , I-NP
shipping VBG I-NP
and CC I-NP
air-freight NN I-NP
companies NNS I-NP
have VBP B-VP
announced VBN I-VP
rate NN B-NP
increases NNS I-NP
, , O
scheduled VBN B-VP
for IN B-PP
this DT B-NP
fall NN I-NP
or CC O
early JJ B-NP
next JJ I-NP
year NN I-NP
, , O
reflecting VBG B-VP
higher JJR B-NP
costs NNS I-NP
and CC O
tightened VBD B-NP
demand NN I-NP
for IN B-PP
freight NN B-NP
transport NN I-NP
. . O

Major JJ B-NP
shippers NNS I-NP
say VBP B-VP
they PRP B-NP
expect VBP B-VP
freight NN B-NP
rates NNS I-NP
to TO B-VP
rise VB I-VP
at IN B-ADVP
least JJS I-ADVP
as RB B-ADVP
fast RB I-ADVP
as IN B-PP
inflation NN B-NP
and CC B-ADVP
maybe RB I-ADVP
faster RBR B-ADVP
in IN B-PP
the DT B-NP
next JJ I-NP
few JJ I-NP
years NNS I-NP
. . O

That DT B-NP
's VBZ B-VP
a DT B-NP
big JJ I-NP
change NN I-NP
from IN B-PP
recent JJ B-NP
years NNS I-NP
when WRB B-ADVP
freight NN B-NP
haulage NN I-NP
was VBD B-VP
a DT B-NP
bright JJ I-NP
spot NN I-NP
for IN B-PP
U.S. NNP B-NP
productivity NN I-NP
, , O
helping VBG B-VP
to TO I-VP
restrain VB I-VP
inflation NN B-NP
and CC O
make VB B-VP
U.S. NNP B-NP
industry NN I-NP
more RBR B-ADJP
competitive JJ I-ADJP
abroad RB B-ADVP
. . O

`` `` O
Demand NN B-NP
has VBZ B-VP
caught VBN I-VP
up IN B-PRT
with IN B-PP
the DT B-NP
supply NN I-NP
of IN B-PP
certain JJ B-NP
types NNS I-NP
of IN B-PP
freight NN B-NP
transportation NN I-NP
, , O
and CC O
rates NNS B-NP
are VBP B-VP
starting VBG I-VP
to TO I-VP
move VB I-VP
up IN B-ADVP
'' '' O
at IN B-PP
a DT B-NP
rate NN I-NP
`` `` O
close RB B-ADJP
to TO B-PP
or CC O
slightly RB B-ADJP
more JJR I-ADJP
than IN B-PP
the DT B-NP
inflation NN I-NP
rate NN I-NP
, , O
'' '' O
said VBD B-VP
Clifford NNP B-NP
Sayre NNP I-NP
, , O
director NN B-NP
of IN B-PP
logistics NNS B-NP
at IN B-PP
Du NNP B-NP
Pont NNP I-NP
Co NNP I-NP
. . O

Shippers NNS B-NP
surveyed VBN B-VP
recently RB B-ADVP
by IN B-PP
Ohio NNP B-NP
State NNP I-NP
University NNP I-NP
said VBD B-VP
they PRP B-NP
expect VBP B-VP
their PRP$ B-NP
freight-transport JJ I-NP
, , I-NP
storage NN I-NP
and CC I-NP
distribution NN I-NP
costs NNS I-NP
to TO B-VP
rise VB I-VP
about IN B-NP
4 CD I-NP
% NN I-NP
this DT B-NP
year NN I-NP
. . O

Only RB B-NP
10 CD I-NP
% NN I-NP
of IN B-PP
the DT B-NP
250 CD I-NP
shippers NNS I-NP
polled VBN B-VP
expected VBN B-VP
their PRP$ B-NP
freight-transport JJ I-NP
costs NNS I-NP
to TO B-VP
decrease VB I-VP
, , O
compared VBN B-PP
with IN B-PP
30 CD B-NP
% NN I-NP
who WP B-NP
had VBD B-VP
looked VBN I-VP
to TO B-PP
freight VB B-NP
transport NN I-NP
to TO B-VP
reduce VB I-VP
costs NNS B-NP
in IN B-PP
past JJ B-NP
years NNS I-NP
. . O

`` `` O
This DT B-NP
is VBZ B-VP
the DT B-NP
first JJ I-NP
year NN I-NP
since IN B-PP
transportation NN B-NP
deregulation NN I-NP
in IN B-PP
1980 CD B-NP
that IN B-ADVP
we PRP B-NP
have VBP B-VP
had VBN I-VP
such JJ B-NP
a DT I-NP
dramatic JJ I-NP
and CC I-NP
broad-based JJ I-NP
upturn NN I-NP
in IN B-PP
perceived VBN B-NP
transportation NN I-NP
rates NNS I-NP
, , O
'' '' O
said VBD B-VP
Bernard NNP B-NP
LaLonde NNP I-NP
, , O
a DT B-NP
transportation NN I-NP
logistics NNS I-NP
professor NN I-NP
at IN B-PP
Ohio NNP B-NP
State NNP I-NP
in IN B-PP
Columbus NNP B-NP
. . O

The DT B-NP
deregulation NN I-NP
of IN B-PP
railroads NNS B-NP
and CC I-NP
trucking NN I-NP
companies NNS I-NP
that WDT B-NP
began VBD B-VP
in IN B-PP
1980 CD B-NP
enabled VBD B-VP
shippers NNS B-NP
to TO B-VP
bargain VB I-VP
for IN B-PP
transportation NN B-NP
. . O

Carriers NNP B-NP
could MD B-VP
use VB I-VP
their PRP$ B-NP
equipment NN I-NP
more RBR B-ADVP
efficiently RB I-ADVP
, , O
leading VBG B-VP
to TO B-PP
overcapacity NN B-NP
they PRP B-NP
were VBD B-VP
eager JJ B-ADJP
to TO B-VP
fill VB I-VP
. . O

Shippers NNS B-NP
cut VBP B-VP
about RB B-NP
$ $ I-NP
35 CD I-NP
billion CD I-NP
from IN B-PP
their PRP$ B-NP
annual JJ I-NP
, , I-NP
inter-city JJ I-NP
truck NN I-NP
and CC I-NP
rail NN I-NP
costs NNS I-NP
, , O
to TO B-PP
about RB B-NP
$ $ I-NP
150 CD I-NP
billion CD I-NP
, , O
or CC O
about IN B-NP
6.4 CD I-NP
% NN I-NP
of IN B-PP
gross JJ B-NP
national JJ I-NP
product NN I-NP
, , O
down RB B-ADVP
from IN B-PP
8 CD B-NP
% NN I-NP
of IN B-PP
GNP NNP B-NP
in IN B-PP
1981 CD B-NP
. . O

But CC O
with IN B-PP
much NN B-NP
of IN B-PP
the DT B-NP
inefficiency NN I-NP
squeezed VBN B-VP
out IN B-PP
of IN B-PP
the DT B-NP
freight-transport JJ I-NP
system NN I-NP
, , O
rising VBG B-NP
costs NNS I-NP
are VBP B-VP
likely JJ B-ADJP
to TO B-VP
be VB I-VP
reflected VBN I-VP
directly RB B-ADVP
in IN B-PP
higher JJR B-NP
freight NN I-NP
rates NNS I-NP
. . O

`` `` O
Shippers NNS B-NP
are VBP B-VP
saying VBG I-VP
` `` O
the DT B-NP
party NN I-NP
's POS B-VP
over IN B-ADJP
, , O
' '' O
'' '' O
said VBD B-VP
Mr. NNP B-NP
LaLonde NNP I-NP
. . O

`` `` O
Shippers NNS B-NP
wo MD B-VP
n't RB I-VP
be VB I-VP
able JJ B-ADJP
to TO B-VP
look VB I-VP
for IN B-PP
transportation-cost JJ B-NP
savings NNS I-NP
as IN B-SBAR
they PRP B-NP
have VBP B-VP
for IN B-PP
the DT B-NP
last JJ I-NP
eight CD I-NP
or CC I-NP
nine CD I-NP
years NNS I-NP
. . O

Transport NN B-NP
rates NNS I-NP
wo MD B-VP
n't RB I-VP
be VB I-VP
an DT B-NP
opportunity NN I-NP
for IN B-PP
offsetting VBG B-VP
cost NN B-NP
increases NNS I-NP
in IN B-PP
other JJ B-NP
segments NNS I-NP
of IN B-PP
the DT B-NP
economy NN I-NP
. . O
'' '' O

Robert NNP B-NP
Delaney NNP I-NP
, , O
a DT B-NP
consultant NN I-NP
at IN B-PP
Arthur NNP B-NP
D. NNP I-NP
Little NNP I-NP
Inc. NNP I-NP
, , O
Cambridge NNP B-NP
, , O
Mass. NNP B-NP
, , O
said VBD B-VP
`` `` O
We PRP B-NP
've VBP B-VP
gotten VBN I-VP
all PDT B-NP
the DT I-NP
benefits NNS I-NP
of IN B-PP
deregulation NN B-NP
in IN B-PP
freight-cost JJ B-NP
reductions NNS I-NP
. . O

Now RB B-ADVP
we PRP B-NP
are VBP B-VP
starting VBG I-VP
to TO I-VP
see VB I-VP
real JJ B-NP
freight-rate JJ I-NP
increases NNS I-NP
as IN B-SBAR
carriers NNS B-NP
replace VBP B-VP
equipment NN B-NP
, , O
pay VB B-VP
higher JJR B-NP
fuel NN I-NP
costs NNS I-NP
and CC O
pay VB B-VP
more JJR B-NP
for IN B-PP
labor NN B-NP
. . O

You PRP B-NP
'll MD B-VP
see VB I-VP
carriers NNS B-NP
try VB B-VP
to TO I-VP
recoup VB I-VP
some DT B-NP
of IN B-PP
the DT B-NP
price NN I-NP
cutting VBG I-NP
that WDT B-NP
occurred VBD B-VP
previously RB B-ADVP
. . O
'' '' O

Not RB B-NP
everyone NN I-NP
believes VBZ B-VP
that IN B-SBAR
the DT B-NP
good JJ I-NP
times NNS I-NP
are VBP B-VP
over IN B-ADJP
for IN B-PP
shippers NNS B-NP
. . O

`` `` O
There EX B-NP
's VBZ B-VP
still RB B-ADVP
a DT B-NP
lot NN I-NP
of IN B-PP
pressure NN B-NP
on IN B-PP
rates NNS B-NP
in IN B-PP
both DT B-NP
rail NN I-NP
and CC I-NP
truck NN I-NP
, , O
'' '' O
said VBD B-VP
Gerard NNP B-NP
McCullough NNP I-NP
, , O
lecturer NN B-NP
in IN B-PP
transportation NN B-NP
at IN B-PP
Massachusetts NNP B-NP
Institute NNP I-NP
of IN B-PP
Technology NNP B-NP
. . O

Less-than-truckload JJ B-NP
companies NNS I-NP
, , O
which WDT B-NP
carry VBP B-VP
the DT B-NP
freight NN I-NP
of IN B-PP
several JJ B-NP
shippers NNS I-NP
in IN B-PP
each DT B-NP
truck NN I-NP
trailer NN I-NP
, , O
discounted VBD B-VP
away RB B-ADVP
a DT B-NP
4.7 CD I-NP
% NN I-NP
rate NN I-NP
increase NN I-NP
implemented VBD B-VP
last JJ B-NP
April NNP I-NP
. . O

The DT B-NP
carriers NNS I-NP
were VBD B-VP
competing VBG I-VP
fiercely RB B-ADVP
for IN B-PP
market NN B-NP
share NN I-NP
. . O

Railroad-rate JJ B-NP
increases NNS I-NP
are VBP B-VP
likely JJ B-ADJP
to TO B-VP
be VB I-VP
restrained VBN I-VP
by IN B-PP
weakening VBG B-NP
rail-traffic JJ I-NP
levels NNS I-NP
and CC O
keen JJ B-NP
competition NN I-NP
for IN B-PP
freight NN B-NP
from IN B-PP
trucks NNS B-NP
. . O

An DT B-NP
official NN I-NP
at IN B-PP
Consolidated NNP B-NP
Freightways NNP I-NP
Inc. NNP I-NP
, , O
a DT B-NP
Menlo NNP I-NP
Park NNP I-NP
, , I-NP
Calif. NNP I-NP
, , I-NP
less-than-truckload JJ I-NP
carrier NN I-NP
, , O
said VBD B-VP
rate NN B-NP
discounting NN I-NP
in IN B-PP
that DT B-NP
industry NN I-NP
has VBZ B-VP
begun VBN I-VP
to TO I-VP
`` `` O
stabilize VB B-VP
. . O
'' '' O

Consolidated NNP B-NP
Freightways NNP I-NP
plans VBZ B-VP
to TO I-VP
raise VB I-VP
its PRP$ B-NP
rates NNS I-NP
5.3 CD B-NP
% NN I-NP
late JJ B-NP
this DT I-NP
year NN I-NP
or CC O
early JJ B-NP
next JJ I-NP
year NN I-NP
, , O
and CC O
at IN B-NP
least JJS I-NP
two CD I-NP
competitors NNS I-NP
have VBP B-VP
announced VBN I-VP
similar JJ B-NP
increases NNS I-NP
. . O

Truckers NNS B-NP
are VBP B-VP
`` `` O
trying VBG B-VP
to TO I-VP
send VB I-VP
signals NNS B-NP
that IN B-SBAR
they PRP B-NP
need VBP B-VP
to TO I-VP
stop VB I-VP
the DT B-NP
bloodletting NN I-NP
, , O
forget VB B-VP
about IN B-PP
market NN B-NP
share NN I-NP
and CC O
go VB B-VP
for IN B-PP
higher JJR B-NP
rates NNS I-NP
, , O
'' '' O
said VBD B-VP
Michael NNP B-NP
Lloyd NNP I-NP
, , O
an DT B-NP
analyst NN I-NP
at IN B-PP
Salomon NNP B-NP
Bros NNP I-NP
. . O

And CC O
`` `` O
shippers NNS B-NP
are VBP B-VP
getting VBG I-VP
the DT B-NP
feeling NN I-NP
that IN B-SBAR
they PRP B-NP
have VBP B-VP
played VBN I-VP
one CD B-NP
trucker NN I-NP
off IN B-ADVP
against IN B-PP
another DT B-NP
as RB B-NP
much JJ I-NP
as IN B-SBAR
they PRP B-NP
can MD B-VP
, , O
'' '' O
he PRP B-NP
said VBD B-VP
. . O

Air-freight NN B-NP
carriers NNS I-NP
raised VBD B-VP
their PRP$ B-NP
rates NNS I-NP
for IN B-PP
U.S. NNP B-NP
products NNS I-NP
going VBG B-VP
across IN B-PP
the DT B-NP
Pacific NNP I-NP
to TO B-PP
Asia NNP B-NP
by IN B-PP
about IN B-NP
20 CD I-NP
% NN I-NP
earlier RBR B-NP
this DT I-NP
month NN I-NP
. . O

And CC O
Japan NNP B-NP
Air NNP I-NP
Lines NNPS I-NP
said VBD B-VP
it PRP B-NP
plans VBZ B-VP
to TO I-VP
boost VB I-VP
its PRP$ B-NP
rates NNS I-NP
a DT B-NP
further JJ I-NP
25 CD I-NP
% NN I-NP
over IN B-PP
the DT B-NP
next JJ I-NP
two CD I-NP
years NNS I-NP
. . O

Such JJ B-NP
rate NN I-NP
increases NNS I-NP
`` `` O
will MD B-VP
increase VB I-VP
the DT B-NP
total JJ I-NP
cost NN I-NP
of IN B-PP
U.S. NNP B-NP
products NNS I-NP
and CC O
slow JJ B-VP
down RP B-PRT
the DT B-NP
rate NN I-NP
of IN B-PP
increase NN B-NP
of IN B-PP
U.S. NNP B-NP
exports NNS I-NP
, , O
'' '' O
said VBD B-VP
Richard NNP B-NP
Connors NNP I-NP
, , O
a DT B-NP
senior JJ I-NP
vice NN I-NP
president NN I-NP
of IN B-PP
Yusen NNP B-NP
Air NNP I-NP
& CC I-NP
Sea NNP I-NP
Service NNP I-NP
U.S.A. NNP I-NP
Inc. NNP I-NP
, , O
the DT B-NP
U.S. NNP I-NP
air-freight-forwarding JJ I-NP
subsidiary NN I-NP
of IN B-PP
Nippon NNP B-NP
Yusen NNP I-NP
Kaisha NNP I-NP
of IN B-PP
Japan NNP B-NP
. . O

Ship NN B-NP
companies NNS I-NP
carrying VBG B-VP
bulk NN B-NP
commodities NNS I-NP
, , O
such JJ B-PP
as IN I-PP
oil NN B-NP
, , O
grain NN B-NP
, , O
coal NN B-NP
and CC O
iron NN B-NP
ore NN I-NP
, , O
have VBP B-VP
been VBN I-VP
able JJ B-ADJP
to TO B-VP
increase VB I-VP
their PRP$ B-NP
rates NNS I-NP
in IN B-PP
the DT B-NP
last JJ I-NP
couple NN I-NP
of IN B-PP
years NNS B-NP
. . O

Some DT B-NP
bulk NN I-NP
shipping VBG I-NP
rates NNS I-NP
have VBP B-VP
increased VBN I-VP
`` `` O
3 CD B-NP
% NN I-NP
to TO I-NP
4 CD I-NP
% NN I-NP
in IN B-PP
the DT B-NP
past JJ I-NP
few JJ I-NP
months NNS I-NP
, , O
'' '' O
said VBD B-VP
Salomon NNP B-NP
's POS B-NP
Mr. NNP I-NP
Lloyd NNP I-NP
. . O

And CC O
ship NN B-NP
lines NNS I-NP
carrying VBG B-VP
containers NNS B-NP
are VBP B-VP
also RB I-VP
trying VBG I-VP
to TO I-VP
raise VB I-VP
their PRP$ B-NP
rates NNS I-NP
. . O

Carriers NNP B-NP
boosted VBD B-VP
rates NNS B-NP
more JJR B-NP
than IN I-NP
10 CD I-NP
% NN I-NP
in IN B-PP
the DT B-NP
North NNP I-NP
Atlantic NNP I-NP
between IN B-PP
the DT B-NP
U.S. NNP I-NP
and CC O
Europe NNP B-NP
last JJ B-NP
September NNP I-NP
, , O
hoping VBG B-VP
to TO I-VP
partly RB I-VP
restore VB I-VP
rates NNS B-NP
to TO B-PP
earlier JJR B-NP
levels NNS I-NP
. . O

Ship NN B-NP
lines NNS I-NP
operating VBG B-VP
in IN B-PP
the DT B-NP
Pacific NNP I-NP
plan NN B-VP
to TO I-VP
raise VB I-VP
rates NNS B-NP
on IN B-PP
containers NNS B-NP
carrying VBG B-VP
U.S. NNP B-NP
exports NNS I-NP
to TO B-PP
Asia NNP B-NP
about IN B-NP
10 CD I-NP
% NN I-NP
, , O
effective JJ B-ADJP
next JJ B-NP
April NNP I-NP
. . O

MGM NNP B-NP
Grand NNP I-NP
Inc. NNP I-NP
said VBD B-VP
it PRP B-NP
filed VBD B-VP
a DT B-NP
registration NN I-NP
statement NN I-NP
with IN B-PP
the DT B-NP
Securities NNP I-NP
and CC I-NP
Exchange NNP I-NP
Commission NNP I-NP
for IN B-PP
a DT B-NP
public JJ I-NP
offering NN I-NP
of IN B-PP
six CD B-NP
million CD I-NP
common JJ I-NP
shares NNS I-NP
. . O

The DT B-NP
Beverly NNP I-NP
Hills NNP I-NP
, , I-NP
Calif.-based JJ I-NP
company NN I-NP
said VBD B-VP
it PRP B-NP
would MD B-VP
have VB I-VP
26.9 CD B-NP
million CD I-NP
common JJ I-NP
shares NNS I-NP
outstanding JJ B-ADJP
after IN B-PP
the DT B-NP
offering NN I-NP
. . O

The DT B-NP
hotel NN I-NP
and CC I-NP
Gaming NNP I-NP
company NN I-NP
said VBD B-VP
Merrill NNP B-NP
Lynch NNP I-NP
Capital NNP I-NP
Markets NNPS I-NP
will MD B-VP
lead VB I-VP
the DT B-NP
underwriters NNS I-NP
. . O

Proceeds NNS B-NP
from IN B-PP
the DT B-NP
sale NN I-NP
will MD B-VP
be VB I-VP
used VBN I-VP
for IN B-PP
remodeling VBG B-NP
and CC I-NP
refurbishing VBG I-NP
projects NNS I-NP
, , B-PP
as RB I-PP
well RB I-PP
as IN I-PP
for IN B-PP
the DT B-NP
planned VBN I-NP
MGM NNP I-NP
Grand NNP I-NP
hotel\/casino NN I-NP
and CC I-NP
theme NN I-NP
park NN I-NP
. . O

Bob NNP B-NP
Stone NNP I-NP
stewed JJ B-VP
over IN B-PP
a DT B-NP
letter NN I-NP
from IN B-PP
his PRP$ B-NP
manager NN I-NP
putting VBG B-VP
him PRP B-NP
on IN B-PP
probation NN B-NP
for IN B-PP
insubordination NN B-NP
. . O

Mr. NNP B-NP
Stone NNP I-NP
thought VBD B-VP
the DT B-NP
discipline NN I-NP
was VBD B-VP
unfair JJ B-ADJP
; : O
he PRP B-NP
believed VBD B-VP
that IN B-SBAR
his PRP$ B-NP
manager NN I-NP
wanted VBD B-VP
to TO I-VP
get VB I-VP
rid JJ B-ADJP
of IN B-PP
him PRP B-NP
for IN B-PP
personal JJ B-NP
reasons NNS I-NP
. . O

Unable JJ B-ADJP
to TO B-VP
persuade VB I-VP
the DT B-NP
manager NN I-NP
to TO B-VP
change VB I-VP
his PRP$ B-NP
decision NN I-NP
, , O
he PRP B-NP
went VBD B-VP
to TO B-PP
a DT B-NP
`` `` I-NP
company NN I-NP
court NN I-NP
'' '' O
for IN B-PP
a DT B-NP
hearing NN I-NP
. . O

At IN B-PP
the DT B-NP
scheduled VBN I-NP
time NN I-NP
, , O
Mr. NNP B-NP
Stone NNP I-NP
entered VBD B-VP
a DT B-NP
conference NN I-NP
room NN I-NP
in IN B-PP
a DT B-NP
building NN I-NP
near IN B-PP
where WRB B-ADVP
he PRP B-NP
worked VBD B-VP
. . O

After IN B-SBAR
the DT B-NP
three CD I-NP
members NNS I-NP
of IN B-PP
the DT B-NP
court NN I-NP
introduced VBD B-VP
themselves PRP B-NP
, , O
the DT B-NP
chairman NN I-NP
of IN B-PP
the DT B-NP
panel NN I-NP
said VBD B-VP
: : O
`` `` O
Go VB B-VP
ahead RB B-ADVP
and CC O
tell VB B-VP
us PRP B-NP
what WP B-NP
happened VBD B-VP
. . O

We PRP B-NP
may MD B-VP
ask VB I-VP
questions NNS B-NP
as IN B-SBAR
you PRP B-NP
go VBP B-VP
along IN B-PRT
, , O
or CC O
we PRP B-NP
may MD B-VP
wait VB I-VP
until IN B-PP
the DT B-NP
end NN I-NP
. . O
'' '' O

No DT B-NP
lawyers NNS I-NP
or CC I-NP
tape NN I-NP
recorders NNS I-NP
were VBD B-VP
present JJ B-ADJP
. . O

The DT B-NP
only RB I-NP
extra JJ I-NP
people NNS I-NP
were VBD B-VP
a DT B-NP
couple NN I-NP
of IN B-PP
personnel NNS B-NP
specialists NNS I-NP
, , O
one CD B-NP
of IN B-PP
whom WP B-NP
knew VBD B-VP
Mr. NNP B-NP
Stone NNP I-NP
's POS B-NP
case NN I-NP
intimately RB B-ADVP
and CC O
would MD B-VP
help VB I-VP
fill VB I-VP
in IN B-PRT
any DT B-NP
facts NNS I-NP
needed VBN B-VP
to TO B-VP
give VB I-VP
the DT B-NP
court NN I-NP
the DT B-NP
full JJ I-NP
picture NN I-NP
. . O

Over IN B-PP
a DT B-NP
cup NN I-NP
of IN B-PP
coffee NN B-NP
, , O
Mr. NNP B-NP
Stone NNP I-NP
told VBD B-VP
his PRP$ B-NP
story NN I-NP
. . O

He PRP B-NP
talked VBD B-VP
about IN B-NP
20 CD I-NP
minutes NNS I-NP
. . O

When WRB B-ADVP
he PRP B-NP
was VBD B-VP
through IN B-ADJP
, , O
the DT B-NP
court NN I-NP
members NNS I-NP
asked VBD B-VP
many JJ B-NP
questions NNS I-NP
, , O
then RB B-ADVP
the DT B-NP
chairman NN I-NP
said VBD B-VP
they PRP B-NP
would MD B-VP
like VB I-VP
to TO I-VP
hear VB I-VP
his PRP$ B-NP
manager NN I-NP
's POS B-NP
side NN I-NP
and CC O
talk VB B-VP
to TO B-PP
witnesses NNS B-NP
. . O

The DT B-NP
chairman NN I-NP
promised VBD B-VP
Mr. NNP B-NP
Stone NNP I-NP
a DT B-NP
decision NN I-NP
within IN B-PP
two CD B-NP
weeks NNS I-NP
. . O

Bob NNP B-NP
Stone NNP I-NP
is VBZ B-VP
a DT B-NP
fictional JJ I-NP
name NN I-NP
, , O
but CC O
the DT B-NP
incident NN I-NP
described VBN B-VP
is VBZ B-VP
real JJ B-ADJP
. . O

It PRP B-NP
happened VBD B-VP
at IN B-PP
Northrop NNP B-NP
Corp. NNP I-NP
in IN B-PP
Los NNP B-NP
Angeles NNP I-NP
. . O

The DT B-NP
court NN I-NP
is VBZ B-VP
called VBN I-VP
the DT B-NP
Management NNP I-NP
Appeals NNP I-NP
Committee NNP I-NP
, , O
or CC O
just RB B-NP
`` `` I-NP
MAC NNP I-NP
, , O
'' '' O
and CC O
it PRP B-NP
is VBZ B-VP
likely JJ B-ADJP
to TO B-VP
hear VB I-VP
a DT B-NP
couple NN I-NP
of IN I-NP
dozen NN I-NP
cases VBZ I-NP
a DT B-NP
year NN I-NP
. . O

Alter VB B-VP
some DT B-NP
details NNS I-NP
of IN B-PP
this DT B-NP
example NN I-NP
and CC O
it PRP B-NP
could MD B-VP
be VB I-VP
taking VBG I-VP
place NN B-NP
today NN B-ADVP
at IN B-PP
Federal NNP B-NP
Express NNP I-NP
in IN B-PP
Memphis NNP B-NP
, , O
the DT B-NP
Defense NNP I-NP
and CC I-NP
Underseas NNP I-NP
Systems NNP I-NP
divisions NNS I-NP
of IN B-PP
Honeywell NNP B-NP
in IN B-PP
Minneapolis NNP B-NP
, , O
a DT B-NP
General NNP I-NP
Electric NNP I-NP
plant NN I-NP
in IN B-PP
Columbia NNP B-NP
, , O
Md. NNP B-NP
, , O
or CC O
a DT B-NP
number NN I-NP
of IN B-PP
other JJ B-NP
companies NNS I-NP
. . O

These DT B-NP
firms NNS I-NP
are VBP B-VP
pioneers NNS B-NP
in IN B-PP
a DT B-NP
significant JJ I-NP
new JJ I-NP
trend NN I-NP
in IN B-PP
the DT B-NP
corporate JJ I-NP
world NN I-NP
: : O
the DT B-NP
rise NN I-NP
of IN B-PP
what WP B-NP
I PRP B-NP
call VBP B-VP
corporate JJ B-NP
due JJ I-NP
process NN I-NP
. . O

Although IN B-SBAR
corporate JJ B-NP
due JJ I-NP
process NN I-NP
is VBZ B-VP
practiced VBN I-VP
today NN B-NP
in IN B-PP
few JJ B-NP
companies NNS I-NP
-- : O
perhaps RB B-ADVP
40 CD B-NP
to TO I-NP
60 CD I-NP
-- : O
it PRP B-NP
is VBZ B-VP
one CD B-NP
of IN B-PP
the DT B-NP
fastest JJS I-NP
developing VBG I-NP
trends NNS I-NP
in IN B-PP
industry NN B-NP
. . O

In IN B-PP
the DT B-NP
coming VBG I-NP
decade NN I-NP
a DT B-NP
majority NN I-NP
of IN B-PP
people-oriented JJ B-NP
companies NNS I-NP
are VBP B-VP
likely JJ B-ADJP
to TO B-VP
adopt VB I-VP
it PRP B-NP
. . O

Corporate JJ B-NP
due JJ I-NP
process NN I-NP
appeals NNS B-VP
to TO B-PP
management NN B-NP
for IN B-PP
a DT B-NP
variety NN I-NP
of IN B-PP
reasons NNS B-NP
. . O

It PRP B-NP
reduces VBZ B-VP
lawsuits NNS B-NP
from IN B-PP
disgruntled JJ B-NP
employees NNS I-NP
and CC I-NP
ex-employees NNS I-NP
, , O
with IN B-PP
all DT B-NP
that WDT B-NP
means VBZ B-VP
for IN B-PP
reduced VBN B-NP
legal JJ I-NP
costs NNS I-NP
and CC O
better RBR B-NP
public JJ I-NP
relations NNS I-NP
. . O

It PRP B-NP
helps VBZ B-VP
to TO I-VP
keep VB I-VP
out IN B-PRT
unions NNS B-NP
. . O

It PRP B-NP
increases VBZ B-VP
employee NN B-NP
commitment NN I-NP
to TO B-PP
the DT B-NP
company NN I-NP
, , O
with IN B-PP
all DT B-NP
that WDT B-NP
means VBZ B-VP
for IN B-PP
efficiency NN B-NP
and CC O
quality NN B-NP
control NN I-NP
. . O

What WP B-NP
must MD O
your PRP$ B-NP
management NN I-NP
team NN I-NP
do VBP B-VP
to TO B-VP
establish VB I-VP
corporate JJ B-NP
due JJ I-NP
process NN I-NP
? . O

Here RB B-ADVP
are VBP B-VP
four CD B-NP
key JJ I-NP
steps NNS I-NP
: : O

1 CD B-LST
. . O
Make VB B-VP
sure JJ B-ADJP
you PRP B-NP
have VBP B-VP
a DT B-NP
strong JJ I-NP
personnel NNS I-NP
department NN I-NP
. . O

It PRP B-NP
must MD B-VP
be VB I-VP
able JJ B-ADJP
to TO B-VP
handle VB I-VP
most RBS B-NP
of IN B-PP
the DT B-NP
complaints NNS I-NP
that WDT B-NP
can MD B-VP
not RB I-VP
be VB I-VP
solved VBN I-VP
in IN B-PP
the DT B-NP
trenches NNS I-NP
by IN B-PP
managers NNS B-NP
and CC O
their PRP$ B-NP
subordinates NNS I-NP
, , O
else RB B-ADVP
the DT B-NP
company NN I-NP
court NN I-NP
or CC I-NP
adjudicators NNS I-NP
will MD B-VP
be VB B-VP
inundated VBN I-VP
with IN B-PP
cases NNS B-NP
. . O

At IN B-PP
Polaroid NNP B-NP
, , O
the DT B-NP
Personnel NNP I-NP
Policy NNP I-NP
Planning NNP I-NP
Committee NNP I-NP
may MD B-VP
hear VB I-VP
only RB B-NP
about IN I-NP
20 CD I-NP
cases VBZ I-NP
a DT B-NP
year NN I-NP
; : O
the DT B-NP
rest NN I-NP
of IN B-PP
the DT B-NP
many JJ I-NP
hundreds NNS I-NP
of IN B-PP
complaints NNS B-NP
are VBP B-VP
resolved VBN I-VP
at IN B-PP
earlier JJR B-NP
stages NNS I-NP
. . O

At IN B-PP
TWA NNP B-NP
, , O
the DT B-NP
System NNP I-NP
Board NNP I-NP
of IN B-PP
Adjustment NNP B-NP
hears VBZ B-VP
50 CD B-NP
to TO I-NP
75 CD I-NP
cases VBZ I-NP
a DT B-NP
year NN I-NP
, , O
only RB B-NP
a DT I-NP
fraction NN I-NP
of IN B-PP
the DT B-NP
complaints NNS I-NP
brought VBN B-VP
to TO B-PP
personnel NNS B-NP
specialists NNS I-NP
. . O

At IN B-PP
Citicorp NNP B-NP
, , O
the DT B-NP
Problem NNP I-NP
Review NNP I-NP
Board NNP I-NP
may MD B-VP
hear VB I-VP
only RB B-NP
12 CD I-NP
or CC I-NP
so RB I-NP
cases VBZ I-NP
because IN B-PP
of IN I-PP
personnel NNS B-NP
's POS B-NP
skill NN I-NP
in IN B-PP
complaint-resolution NN B-NP
. . O

In IN B-PP
a DT B-NP
typical JJ I-NP
year NN I-NP
, , O
up IN B-NP
to TO I-NP
20 CD I-NP
% NN I-NP
of IN B-PP
the DT B-NP
work NN I-NP
force NN I-NP
goes VBZ B-VP
to TO B-PP
personnel NNS B-NP
specialists NNS I-NP
with IN B-PP
complaints NNS B-NP
of IN B-PP
unfair JJ B-NP
treatment NN I-NP
. . O

In IN B-PP
a DT B-NP
large JJ I-NP
company NN I-NP
that WDT B-NP
means VBZ B-VP
many JJ B-NP
hundreds NNS I-NP
of IN B-PP
complaints NNS B-NP
for IN B-PP
personnel NNS B-NP
to TO B-VP
handle VB I-VP
. . O

2 CD B-LST
. . O
Formally RB B-ADVP
or CC I-ADVP
informally RB I-ADVP
, , O
train NN B-VP
all DT B-NP
your PRP$ I-NP
managers NNS I-NP
and CC I-NP
supervisors NNS I-NP
in IN B-PP
the DT B-NP
company NN I-NP
's POS B-NP
due-process NN I-NP
approach NN I-NP
. . O

See VB B-VP
that IN B-SBAR
they PRP B-NP
know VBP B-VP
company NN B-NP
personnel NNS I-NP
policy NN I-NP
backwards RB B-ADVP
and CC I-ADVP
forwards RB I-ADVP
, , O
for IN O
it PRP B-NP
is VBZ B-VP
the DT B-NP
`` `` I-NP
law NN I-NP
'' '' O
governing VBG B-VP
company NN B-NP
courts NNS I-NP
and CC I-NP
adjudicators NNS I-NP
. . O

Coach NNP B-VP
them PRP B-NP
in IN B-PP
handling NN B-VP
complaints NNS B-NP
so RB B-SBAR
that IN I-SBAR
they PRP B-NP
can MD B-VP
resolve VB I-VP
problems NNS B-NP
immediately RB B-ADVP
. . O

In IN B-SBAR
case NN O
managers NNS B-NP
and CC O
personnel NNS B-NP
specialists NNS I-NP
are VBP B-VP
unsuccessful JJ B-ADJP
and CC O
subordinates NNS B-NP
take VBP B-VP
their PRP$ B-NP
complaints NNS I-NP
to TO B-PP
a DT B-NP
company NN I-NP
court NN I-NP
or CC I-NP
adjudicator NN I-NP
, , O
teach VB B-VP
managers NNS B-NP
to TO B-VP
accept VB I-VP
reversals NNS B-NP
as IN B-PP
a DT B-NP
fact NN I-NP
of IN B-PP
business NN B-NP
life NN I-NP
, , O
for IN O
in IN B-PP
a DT B-NP
good JJ I-NP
due-process NN I-NP
system NN I-NP
they PRP B-NP
are VBP B-VP
bound VBN I-VP
to TO I-VP
happen VB I-VP
. . O

In IN B-PP
the DT B-NP
15 CD I-NP
companies NNS I-NP
I PRP B-NP
studied VBD B-VP
, , O
reversal NN B-NP
rates NNS I-NP
range VBP B-VP
on IN B-PP
the DT B-NP
average NN I-NP
from IN B-PP
20 CD B-NP
% NN I-NP
to TO B-PP
40 CD B-NP
% NN I-NP
. . O

3 CD B-LST
. . O
Decide VB B-VP
whether IN O
you PRP B-NP
want VBP B-VP
a DT B-NP
panel NN I-NP
system NN I-NP
or CC O
a DT B-NP
single JJ I-NP
adjudicator NN I-NP
. . O

A DT B-NP
panel NN I-NP
system NN I-NP
like IN B-PP
that DT B-NP
in NN B-PP
the DT B-NP
Bob NNP I-NP
Stone NNP I-NP
example NN I-NP
enjoys VBZ B-VP
such JJ B-NP
advantages NNS I-NP
as IN B-PP
high JJ B-NP
credibility NN I-NP
and CC O
, , O
for IN B-PP
the DT B-NP
panelists NNS I-NP
, , O
mutual JJ B-NP
support NN I-NP
. . O

An DT B-NP
adjudicator NN I-NP
system NN I-NP
-- : O
that DT B-INTJ
is VBZ I-INTJ
, , O
an DT B-NP
investigator NN I-NP
who WP B-NP
acts VBZ B-VP
first JJ B-ADVP
as IN B-PP
a DT B-NP
fact-finder NN I-NP
and CC O
then RB O
switches VBZ B-VP
hats NNS B-NP
and CC O
arbitrates VBZ B-VP
the DT B-NP
facts NNS I-NP
-- : O
has VBZ B-VP
such JJ B-NP
advantages NNS I-NP
as IN B-PP
speed NN B-NP
, , O
flexibility NN B-NP
and CC O
maximum JJ B-NP
privacy NN I-NP
. . O

International NNP B-NP
Business NNP I-NP
Machines NNPS I-NP
and CC O
Bank NNP B-NP
of IN B-PP
America NNP B-NP
are VBP B-VP
among IN B-PP
the DT B-NP
companies NNS I-NP
using VBG B-VP
the DT B-NP
single-adjudicator JJ I-NP
approach NN I-NP
. . O

4 CD B-LST
. . O
Make VB B-VP
your PRP$ B-NP
due-process NN I-NP
system NN I-NP
visible JJ B-ADJP
. . O

It PRP B-NP
wo MD B-VP
n't RB I-VP
do VB I-VP
any DT B-NP
good NN I-NP
for IN B-PP
anybody NN B-NP
unless IN B-SBAR
employees NNS B-NP
know VBP B-VP
about IN B-PP
it PRP B-NP
. . O

Most JJS B-NP
managements NNS I-NP
hesitate VBP B-VP
to TO I-VP
go VB I-VP
all DT B-ADVP
out NN I-ADVP
in IN B-PP
advertising VBG B-VP
their PRP$ B-NP
due-process NN I-NP
systems NNS I-NP
for IN B-PP
fear NN B-NP
of IN B-PP
encouraging VBG B-VP
cranks NNS B-NP
and CC O
chronic JJ B-NP
soreheads NNS I-NP
to TO B-VP
file VB I-VP
complaints NNS B-NP
. . O

On IN B-PP
the DT B-NP
other JJ I-NP
hand NN I-NP
, , O
they PRP B-NP
make VBP B-VP
sure JJ B-ADJP
at IN B-PP
a DT B-NP
minimum NN I-NP
that IN B-SBAR
their PRP$ B-NP
systems NNS I-NP
are VBP B-VP
described VBN I-VP
in IN B-PP
their PRP$ B-NP
employee NN I-NP
handbooks NNS I-NP
and CC O
talked VBD B-VP
up IN B-PRT
by IN B-PP
personnel NNS B-NP
specialists NNS I-NP
. . O

Smith-Kline NNP B-NP
Beecham NNP I-NP
goes VBZ B-VP
further JJ B-ADVP
and CC O
sometimes RB B-VP
features VBZ I-VP
its PRP$ B-NP
grievance NN I-NP
procedure NN I-NP
in IN B-PP
closed-circuit JJ B-NP
TV NN I-NP
programs NNS I-NP
. . O

Naturally RB B-ADVP
, , O
one CD B-NP
of IN B-PP
the DT B-NP
best JJS I-NP
ways NNS I-NP
to TO B-VP
guarantee VB I-VP
visibility NN B-NP
for IN B-PP
your PRP$ B-NP
due-process NN I-NP
system NN I-NP
is VBZ B-VP
for IN B-SBAR
top JJ B-NP
management NN I-NP
to TO B-VP
support VB I-VP
it PRP B-NP
. . O

At IN B-PP
IBM NNP B-NP
, , O
the DT B-NP
company NN I-NP
's POS B-NP
Open NNP I-NP
Door NNP I-NP
system NN I-NP
is VBZ B-VP
sometimes RB B-ADVP
the DT B-NP
subject NN I-NP
of IN B-PP
memorandums NNS B-NP
from IN B-PP
the DT B-NP
chief JJ I-NP
executive NN I-NP
. . O

Federal NNP B-NP
Express NNP I-NP
goes VBZ B-VP
further JJ B-ADVP
in IN B-PP
this DT B-NP
respect NN I-NP
than IN B-PP
any DT B-NP
company NN I-NP
I PRP B-NP
know VBP B-VP
of IN B-PP
with IN B-PP
both DT B-NP
Frederick NNP B-NP
Smith NNP I-NP
and CC O
James NNP B-NP
Barksdale NNP I-NP
, , O
chief JJ B-NP
executive NN I-NP
and CC O
chief JJ B-NP
operating VBG I-NP
officer NN I-NP
, , O
respectively RB B-ADVP
, , O
sitting VBG B-VP
in IN B-PRT
on IN B-PP
the DT B-NP
Appeals NNP I-NP
Board NNP I-NP
almost RB B-NP
every DT I-NP
Tuesday NNP I-NP
to TO B-VP
decide VB I-VP
cases NNS B-NP
. . O

Mr. NNP B-NP
Ewing NNP I-NP
is VBZ B-VP
a DT B-NP
consultant NN I-NP
based VBN B-VP
in IN B-PP
Winchester NNP B-NP
, , O
Mass. NNP B-NP
, , O
and CC O
author NN B-NP
of IN B-PP
`` `` O
Justice NNP B-NP
on IN B-PP
the DT B-NP
Job NNP I-NP
: : O
Resolving NNP B-VP
Grievances NNP B-NP
in IN B-PP
the DT B-NP
Nonunion NNP I-NP
Workplace NN I-NP
'' '' O
-LRB- ( O
Harvard NNP B-NP
Business NNP I-NP
School NNP I-NP
Press NNP I-NP
, , O
1989 CD B-NP
-RRB- ) O
. . O

Tokyo NNP B-NP
stocks NNS I-NP
closed VBD B-VP
higher JJR B-ADVP
in IN B-PP
active JJ B-NP
trading NN I-NP
Friday NNP B-NP
, , O
marking VBG B-VP
the DT B-NP
fourth JJ I-NP
consecutive JJ I-NP
daily JJ I-NP
gain NN I-NP
since IN B-PP
Monday NNP B-NP
's POS B-NP
sharp JJ I-NP
fall NN I-NP
. . O

London JJ B-NP
shares NNS I-NP
closed VBD B-VP
moderately RB B-ADVP
lower JJR I-ADVP
in IN B-PP
thin JJ B-NP
trading NN I-NP
. . O

At IN B-PP
Tokyo NNP B-NP
, , O
the DT B-NP
Nikkei NNP I-NP
index NN I-NP
of IN B-PP
225 CD B-NP
selected VBN I-NP
issues NNS I-NP
was VBD B-VP
up IN B-ADVP
112.16 CD B-NP
points NNS I-NP
to TO B-PP
35486.38 CD B-NP
. . O

The DT B-NP
index NN I-NP
advanced VBD B-VP
266.66 CD B-NP
points NNS I-NP
Thursday NNP B-NP
. . O

In IN B-PP
early JJ B-NP
trading NN I-NP
in IN B-PP
Tokyo NNP B-NP
Monday NNP B-NP
, , O
the DT B-NP
Nikkei NNP I-NP
index NN I-NP
rose VBD B-VP
101.98 CD B-NP
points NNS I-NP
to TO B-PP
35588.36 CD B-NP
. . O

Friday NNP B-NP
's POS B-NP
volume NN I-NP
on IN B-PP
the DT B-NP
First NNP I-NP
Section NN I-NP
was VBD B-VP
estimated VBN I-VP
at IN B-PP
one CD B-NP
billion CD I-NP
shares NNS I-NP
, , O
up IN B-ADVP
from IN B-PP
862 CD B-NP
million CD I-NP
Thursday NNP B-NP
. . O

Winners NNS B-NP
outpaced VBD B-VP
losers NNS B-NP
, , O
572 CD B-ADVP
to TO I-ADVP
368 CD I-ADVP
, , O
while IN B-SBAR
181 CD B-NP
issues NNS I-NP
remained VBD B-VP
unchanged JJ B-ADJP
. . O

With IN B-SBAR
investors NNS B-NP
relieved VBN B-ADJP
at IN B-PP
the DT B-NP
overnight JJ I-NP
gain NN I-NP
in IN B-PP
New NNP B-NP
York NNP I-NP
stocks NNS I-NP
, , O
small-lot JJ B-NP
buying NN I-NP
orders NNS I-NP
streamed VBD B-VP
into IN B-PP
the DT B-NP
market NN I-NP
from IN B-PP
early JJ B-NP
morning NN I-NP
, , O
making VBG B-VP
traders NNS B-NP
believe VBP B-VP
the DT B-NP
market NN I-NP
was VBD B-VP
back RB B-ADVP
to TO B-PP
normal JJ B-NP
. . O

The DT B-NP
Nikkei NNP I-NP
, , O
which WDT B-NP
reached VBD B-VP
as RB B-ADJP
high JJ I-ADJP
as IN B-PP
35611.38 CD B-NP
right NN B-ADVP
after IN B-PP
the DT B-NP
opening NN I-NP
, , O
surrendered VBD B-VP
part NN B-NP
of IN B-PP
its PRP$ B-NP
early JJ I-NP
advance NN I-NP
toward IN B-PP
the DT B-NP
end NN I-NP
of IN B-PP
the DT B-NP
day NN I-NP
because IN B-PP
of IN I-PP
profit-taking NN B-NP
. . O

`` `` O
Investors NNS B-NP
, , B-NP
especially RB I-NP
dealers NNS B-NP
, , O
do VBP B-VP
n't RB I-VP
want VB I-VP
to TO I-VP
hold VB I-VP
a DT B-NP
position NN I-NP
over IN B-PP
the DT B-NP
weekend NN I-NP
, , O
'' '' O
a DT B-NP
trader NN I-NP
at IN B-PP
Dai-ichi NNP B-NP
Securities NNP I-NP
said VBD B-VP
, , O
adding VBG B-VP
, , O
though RB B-ADVP
, , O
that IN B-SBAR
the DT B-NP
trading NN I-NP
mood NN I-NP
remained VBD B-VP
positive JJ B-ADJP
through IN B-PP
the DT B-NP
afternoon NN I-NP
session NN I-NP
. . O

The DT B-NP
Tokyo NNP I-NP
Stock NNP I-NP
Price NNP I-NP
Index NNP I-NP
-LRB- ( O
Topix NNP B-NP
-RRB- ) O
of IN B-PP
all DT B-NP
issues NNS I-NP
listed VBN B-VP
in IN B-PP
the DT B-NP
First NNP I-NP
Section NN I-NP
, , O
which WDT B-NP
gained VBD B-VP
22.78 CD B-NP
points NNS I-NP
Thursday NNP B-NP
, , O
was VBD B-VP
up IN B-ADVP
14.06 CD B-NP
points NNS I-NP
, , O
or CC O
0.53 CD B-NP
% NN I-NP
, , O
at IN B-PP
2679.72 CD B-NP
. . O

The DT B-NP
Second JJ I-NP
Section NN I-NP
index NN I-NP
, , O
which WDT B-NP
rose VBD B-VP
15.72 CD B-NP
points NNS I-NP
Thursday NNP B-NP
, , O
was VBD B-VP
up IN B-ADVP
11.88 CD B-NP
points NNS I-NP
, , O
or CC O
0.32 CD B-NP
% NN I-NP
, , O
to TO B-VP
close VB I-VP
at IN B-PP
3717.46 CD B-NP
. . O

Volume NN B-NP
in IN B-PP
the DT B-NP
second JJ I-NP
section NN I-NP
was VBD B-VP
estimated VBN I-VP
at IN B-PP
30 CD B-NP
million CD I-NP
shares NNS I-NP
, , O
up IN B-ADVP
from IN B-PP
28 CD B-NP
million CD I-NP
Thursday NNP B-NP
. . O

In IN B-PP
turmoil NN B-NP
caused VBN B-VP
by IN B-PP
the DT O
previous JJ B-NP
Friday NNP I-NP
's POS B-NP
plunge NN I-NP
in IN B-PP
New NNP B-NP
York NNP I-NP
stocks NNS I-NP
, , O
the DT B-NP
Nikkei NNP I-NP
marked VBD B-VP
a DT B-NP
sharp JJ I-NP
647.33-point JJ I-NP
fall NN I-NP
Monday NNP B-NP
. . O

But CC O
the DT B-NP
Nikkei NNP I-NP
fell VBD B-VP
an DT B-NP
overall JJ I-NP
1.8 CD I-NP
% NN I-NP
in IN B-PP
value NN B-NP
that DT B-NP
day NN I-NP
compared VBN B-PP
with IN B-PP
Wall NNP B-NP
Street NNP I-NP
's POS I-NP
far RB B-ADJP
sharper JJR I-ADJP
6.9 CD B-ADJP
% NN I-ADJP
drop NN B-NP
on IN B-PP
Oct. NNP B-NP
13 CD I-NP
. . O

The DT B-NP
Tokyo NNP I-NP
market NN I-NP
's POS B-NP
resiliency NN I-NP
helped VBD B-VP
participants NNS B-NP
to TO B-VP
regain VB I-VP
confidence NN B-NP
gradually RB B-ADVP
as IN B-SBAR
they PRP B-NP
spent VBD B-VP
more JJR B-NP
time NN I-NP
on IN B-PP
analyzing VBG B-VP
factors NNS B-NP
that WDT B-NP
caused VBD B-VP
the DT B-NP
Friday NNP I-NP
plunge NN I-NP
and CC O
realized VBD B-VP
these DT B-NP
problems NNS I-NP
were VBD B-VP
unique JJ B-ADJP
to TO B-PP
New NNP B-NP
York NNP I-NP
stocks NNS I-NP
and CC B-ADJP
not RB I-ADJP
directly RB B-ADJP
related VBN I-ADJP
to TO B-PP
Tokyo NNP B-NP
. . O

The DT B-NP
Nikkei NNP I-NP
continued VBD B-VP
to TO I-VP
gain VB I-VP
for IN B-PP
the DT B-NP
rest NN I-NP
of IN B-PP
the DT B-NP
week NN I-NP
, , O
adding VBG B-VP
1017.69 CD B-NP
points NNS I-NP
in IN B-PP
four CD B-NP
days NNS I-NP
-- : O
more JJR B-VP
than IN I-VP
erasing VBG I-VP
Monday NNP B-NP
's POS B-NP
losses NNS I-NP
. . O

But CC O
further JJ B-NP
major JJ I-NP
advances NNS I-NP
on IN B-PP
the DT B-NP
Nikkei NNP I-NP
are VBP B-VP
n't RB I-VP
foreseen VBN I-VP
this DT B-NP
week NN I-NP
by IN B-PP
market NN B-NP
observers NNS I-NP
. . O

Investors NNS B-NP
are VBP B-VP
still RB I-VP
waiting VBG I-VP
to TO I-VP
see VB I-VP
how WRB B-ADVP
the DT B-NP
U.S. NNP I-NP
government NN I-NP
will MD B-VP
decide VB I-VP
on IN B-PP
interest NN B-NP
rates NNS I-NP
and CC O
how WRB B-ADVP
the DT B-NP
dollar NN I-NP
will MD B-VP
be VB I-VP
stabilized VBN I-VP
. . O

Some DT B-NP
high-priced JJ I-NP
issues NNS I-NP
made VBD B-VP
a DT B-NP
comeback NN I-NP
Friday NNP B-NP
. . O

Pioneer NNP B-NP
surged VBD B-VP
450 CD B-NP
yen NN I-NP
-LRB- ( O
$ $ B-NP
3.16 CD I-NP
-RRB- ) O
to TO B-PP
6,050 CD B-NP
yen NN I-NP
-LRB- ( O
$ $ B-NP
42.60 CD I-NP
-RRB- ) O
. . O

Kyocera NNP B-NP
advanced VBD B-VP
80 CD B-NP
yen NN I-NP
to TO B-PP
5,440 CD B-NP
. . O

Fanuc NNP B-NP
gained VBD B-VP
100 CD B-NP
to TO B-PP
7,580 CD B-NP
. . O

Breweries NNP B-NP
attracted VBD B-VP
investors NNS B-NP
because IN B-PP
of IN I-PP
their PRP$ B-NP
land NN I-NP
property NN I-NP
holdings NNS I-NP
that WDT B-NP
could MD B-VP
figure VB I-VP
in IN B-PP
development NN B-NP
or CC O
other JJ B-NP
plans NNS I-NP
, , O
traders NNS B-NP
said VBD B-VP
. . O

Sapporo NNP B-NP
gained VBD B-VP
80 CD B-NP
to TO B-PP
1,920 CD B-NP
and CC O
Kirin NNP B-NP
added VBD B-VP
60 CD B-NP
to TO B-PP
2,070 CD B-NP
. . O

Housings NNS B-NP
, , I-NP
constructions NNS I-NP
and CC I-NP
pharmaceuticals NNS I-NP
continued VBD B-VP
to TO I-VP
be VB I-VP
bought VBN I-VP
following VBG B-PP
Thursday NNP B-NP
's POS B-NP
gains NNS I-NP
because IN B-PP
of IN I-PP
strong JJ B-NP
earnings NNS I-NP
outlooks NNS I-NP
. . O

Daiwa NNP B-NP
House NNP I-NP
gained VBD B-VP
50 CD B-NP
to TO B-PP
2,660 CD B-NP
. . O

Misawa NNP B-NP
Homes NNP I-NP
was VBD B-VP
up IN B-ADVP
20 CD B-NP
at IN B-PP
2,960 CD B-NP
. . O

Kajima NNP B-NP
advanced VBD B-VP
40 CD B-NP
to TO B-PP
2,120 CD B-NP
and CC O
Ohbayashi NNP B-NP
added VBD B-VP
50 CD B-NP
to TO B-PP
1,730 CD B-NP
. . O

Fujisawa NNP B-NP
added VBD B-VP
80 CD B-NP
to TO B-PP
2,010 CD B-NP
and CC O
Mochida NNP B-NP
advanced VBD B-VP
230 CD B-NP
to TO B-PP
4,400 CD B-NP
. . O

London JJ B-NP
share NN I-NP
prices NNS I-NP
were VBD B-VP
influenced VBN I-VP
largely RB B-ADVP
by IN B-PP
declines NNS B-NP
on IN B-PP
Wall NNP B-NP
Street NNP I-NP
and CC O
weakness NN B-NP
in IN B-PP
the DT B-NP
British JJ I-NP
pound NN I-NP
. . O

The DT B-NP
key JJ I-NP
Financial NNP I-NP
Times-Stock NNP I-NP
Exchange NNP I-NP
100-share JJ I-NP
index NN I-NP
ended VBD B-VP
10.2 CD B-NP
points NNS I-NP
lower JJR B-ADVP
at IN B-PP
2179.1 CD B-NP
, , O
above IN B-ADVP
its PRP$ B-NP
intraday JJ I-NP
low NN I-NP
of IN B-PP
2176.9 CD B-NP
, , B-ADVP
but CC I-ADVP
off IN B-ADVP
the DT B-NP
day NN I-NP
's POS I-NP
high NN B-NP
of IN B-PP
2189 CD B-NP
. . O

The DT B-NP
index NN I-NP
finished VBD B-VP
2.4 CD B-NP
% NN I-NP
under IN B-PP
its PRP$ B-NP
close NN I-NP
of IN B-PP
2233.9 CD B-NP
the DT B-NP
previous JJ I-NP
Friday NNP I-NP
, , O
although IN B-SBAR
it PRP B-NP
recouped VBD B-VP
some DT B-NP
of IN B-PP
the DT B-NP
sharp JJ I-NP
losses NNS I-NP
staged VBD B-VP
early JJ B-NP
last JJ I-NP
week NN I-NP
on IN B-PP
the DT B-NP
back RB I-NP
of IN B-PP
Wall NNP B-NP
Street NNP I-NP
's POS B-NP
fall NN I-NP
. . O

London NNP B-NP
was VBD B-VP
weak JJ B-ADJP
throughout IN B-PP
Friday NNP B-NP
's POS B-NP
trading NN I-NP
, , O
however RB B-ADVP
, , O
on IN B-PP
what WP B-NP
dealers NNS B-NP
attributed VBD B-VP
to TO B-PP
generally RB B-NP
thin JJ I-NP
interest NN I-NP
ahead RB B-ADVP
of IN B-PP
the DT B-NP
weekend NN I-NP
and CC O
this DT B-NP
week NN I-NP
's POS I-NP
potentially RB B-ADJP
important JJ I-ADJP
U.K. NNP B-NP
trade NN I-NP
figures NNS I-NP
for IN B-PP
September NNP B-NP
. . O

The DT B-NP
FT-SE NNP I-NP
100 CD I-NP
largely RB B-ADVP
remained VBD B-VP
within IN B-PP
an DT B-NP
11-point JJ I-NP
range NN I-NP
establshed VBN B-VP
within IN B-PP
the DT B-NP
first JJ I-NP
hour NN I-NP
of IN B-PP
trading NN B-NP
before IN B-PP
it PRP B-NP
eased VBD B-VP
to TO B-PP
an DT B-NP
intraday JJ I-NP
low JJ I-NP
late RB B-ADVP
in IN B-PP
the DT B-NP
session NN I-NP
when WRB B-ADVP
a DT B-NP
flurry NN I-NP
of IN B-PP
program NN B-NP
selling VBG I-NP
pushed VBN B-VP
Wall NNP B-NP
Street NNP I-NP
lower JJR B-ADVP
. . O

The DT B-NP
FT NNP I-NP
30-share JJ I-NP
index NN I-NP
closed VBD B-VP
11.0 CD B-NP
points NNS I-NP
lower JJR B-ADVP
at IN B-PP
1761.0 CD B-NP
. . O

Volume NN B-NP
was VBD B-VP
extremely RB B-ADJP
thin JJ I-ADJP
at IN B-PP
351.3 CD B-NP
million CD I-NP
shares NNS I-NP
, , O
the DT B-NP
lightest JJS I-NP
volume NN I-NP
of IN B-PP
the DT B-NP
week NN I-NP
and CC O
modestly RB B-ADVP
under IN B-PP
Thursday NNP B-NP
's POS B-NP
387.4 CD I-NP
million CD I-NP
shares NNS I-NP
. . O

Dealers NNS B-NP
said VBD B-VP
the DT B-NP
day NN I-NP
's POS B-NP
action NN I-NP
was VBD B-VP
featureless JJ B-ADJP
outside IN B-PP
some DT B-NP
response NN I-NP
to TO B-PP
sterling NN B-NP
's POS B-NP
early JJ I-NP
weakness NN I-NP
against IN B-PP
the DT B-NP
mark NN I-NP
, , O
and CC O
fears NNS B-NP
that IN B-SBAR
Wall NNP B-NP
Street NNP I-NP
might MD B-VP
open RB I-VP
lower JJR B-ADVP
after IN B-PP
its PRP$ B-NP
strong JJ I-NP
leap NN I-NP
forward RB B-ADVP
Thursday NNP B-NP
. . O

They PRP B-NP
added VBD B-VP
that IN B-SBAR
market-makers NNS B-NP
were VBD B-VP
largely RB I-VP
sidelined VBN I-VP
after IN B-PP
aggressively RB B-VP
supporting VBG I-VP
the DT B-NP
market NN I-NP
Thursday NNP B-NP
in IN B-PP
their PRP$ B-NP
quest NN I-NP
to TO B-VP
cover VB I-VP
internal JJ B-NP
shortages NNS I-NP
of IN B-PP
FT-SE NNP B-NP
100 CD I-NP
shares NNS I-NP
. . O

Interest NN B-NP
may MD B-VP
remain VB I-VP
limited JJ B-ADJP
into IN B-PP
tomorrow NN B-NP
's POS B-NP
U.K. NNP I-NP
trade NN I-NP
figures NNS I-NP
, , O
which WDT B-NP
the DT B-NP
market NN I-NP
will MD B-VP
be VB I-VP
watching VBG I-VP
closely RB B-ADVP
to TO B-VP
see VB I-VP
if IN B-SBAR
there EX B-NP
is VBZ B-VP
any DT B-NP
improvement NN I-NP
after IN B-PP
disappointing JJ B-NP
numbers NNS I-NP
in IN B-PP
the DT B-NP
previous JJ I-NP
two CD I-NP
months NNS I-NP
. . O

The DT B-NP
key JJ I-NP
corporate JJ I-NP
news NN I-NP
of IN B-PP
the DT B-NP
day NN I-NP
was VBD B-VP
that IN B-SBAR
British JJ B-NP
Airways NNPS I-NP
decided VBD B-VP
to TO I-VP
withdraw VB I-VP
from IN B-PP
a DT B-NP
management-led JJ I-NP
bid NN I-NP
for IN B-PP
UAL NNP B-NP
Corp. NNP I-NP
, , O
the DT B-NP
parent NN I-NP
of IN B-PP
United NNP B-NP
Airlines NNPS I-NP
. . O

British JJ B-NP
Airways NNPS I-NP
rose VBD B-VP
initially RB B-ADVP
after IN B-PP
announcing VBG B-VP
its PRP$ B-NP
withdrawal NN I-NP
from IN B-PP
the DT B-NP
UAL NNP I-NP
deal NN I-NP
. . O

Dealers NNS B-NP
said VBD B-VP
they PRP B-NP
viewed VBD B-VP
the DT O
initial JJ O
# # O
390-million CD O
-LRB- ( O
$ $ B-ADJP
622 CD O
million CD O
-RRB- ) O
outlay NN B-NP
for IN B-PP
a DT B-NP
15 CD I-NP
% NN I-NP
stake NN I-NP
in IN B-PP
the DT B-NP
airline NN I-NP
as IN B-PP
a DT B-NP
bit NN I-NP
much JJ I-NP
. . O

Its PRP$ B-NP
shares NNS I-NP
slid VBD B-VP
in IN B-PP
late JJ B-NP
dealings NNS I-NP
to TO B-VP
close VB I-VP
a DT B-NP
penny NN I-NP
per IN B-PP
share NN B-NP
lower JJR B-ADVP
at IN B-PP
197 CD B-NP
pence NN I-NP
. . O

The DT B-NP
airline NN I-NP
was VBD B-VP
the DT B-NP
most RBS I-NP
active JJ I-NP
FT-SE NNP I-NP
100 CD I-NP
at IN B-PP
8.2 CD B-NP
million CD I-NP
shares NNS I-NP
traded VBN B-VP
. . O

The DT B-NP
next JJ I-NP
most RBS I-NP
active JJ I-NP
top-tier JJ I-NP
stock NN I-NP
was VBD B-VP
B.A.T NNP B-NP
Industries NNPS I-NP
, , O
the DT B-NP
target NN I-NP
of IN B-PP
Sir NNP B-NP
James NNP I-NP
Goldsmith NNP I-NP
's POS B-NP
# # B-ADJP
13.4 CD O
billion CD O
bid NN B-NP
. . O

The DT B-NP
company NN I-NP
gained VBD B-VP
shareholder NN B-NP
approval NN I-NP
Thursday NNP B-NP
to TO B-VP
restructure VB I-VP
in IN B-PP
a DT B-NP
bid NN I-NP
to TO B-VP
fend VB I-VP
off IN B-PRT
the DT B-NP
hostile JJ I-NP
takeover NN I-NP
. . O

Sir NNP B-NP
James NNP I-NP
said VBD B-VP
Thursday NNP B-NP
night NN I-NP
that IN B-SBAR
his PRP$ B-NP
plans NNS I-NP
for IN B-PP
the DT B-NP
takeover NN I-NP
had VBD B-VP
n't RB I-VP
changed VBN I-VP
. . O

B.A.T NNP B-NP
ended VBD B-VP
the DT B-NP
day NN I-NP
at IN B-PP
778 CD B-NP
, , O
down JJ B-ADVP
5 NN B-NP
, , O
on IN B-PP
turnover NN B-NP
of IN B-PP
7.5 CD B-NP
million CD I-NP
shares NNS I-NP
. . O

Dealers NNS B-NP
said VBD B-VP
it PRP B-NP
was VBD B-VP
hit VBN I-VP
by IN B-PP
some DT B-NP
profit-taking NN I-NP
after IN B-PP
gains NNS B-NP
since IN B-PP
mid-week NN B-NP
. . O

In IN B-PP
other JJ B-NP
active JJ I-NP
shares NNS I-NP
, , O
Trusthouse NNP B-NP
Forte NNP I-NP
shed VB B-VP
10 CD B-NP
to TO B-PP
294 CD B-NP
on IN B-PP
volume NN B-NP
of IN B-PP
6.4 CD B-NP
million CD I-NP
shares NNS I-NP
after IN B-PP
a DT B-NP
Barclays NNP I-NP
De NNP I-NP
Zoete NNP I-NP
Wedd NNP I-NP
downgrading NN I-NP
, , O
while IN B-SBAR
Hillsdown NNP B-NP
Holdings NNP I-NP
, , O
a DT B-NP
food NN I-NP
products NNS I-NP
concern VBP I-NP
, , O
was VBD B-VP
boosted VBN I-VP
2 CD B-NP
to TO B-PP
271 CD B-NP
after IN O
it PRP B-NP
disclosed VBD B-VP
it PRP B-NP
would MD B-VP
seek VB I-VP
shareholder NN B-NP
approval NN I-NP
to TO B-VP
begin VB I-VP
share NN B-NP
repurchases NNS I-NP
. . O

Elsewhere RB B-ADVP
in IN B-PP
Europe NNP B-NP
, , O
share NN B-NP
prices NNS I-NP
closed VBD B-VP
higher JJR B-ADVP
in IN B-PP
Stockholm NNP B-NP
, , I-NP
Brussels NNP I-NP
and CC I-NP
Milan NNP I-NP
. . O

Prices NNS B-NP
were VBD B-VP
lower JJR B-ADJP
in IN B-PP
Frankfurt NNP B-NP
, , I-NP
Zurich NNP I-NP
, , I-NP
Paris NNP I-NP
and CC I-NP
Amsterdam NNP I-NP
. . O

South JJ B-NP
African JJ I-NP
gold NN I-NP
stocks NNS I-NP
closed VBD B-VP
moderately RB B-ADVP
lower JJR I-ADVP
. . O

Share NN B-NP
prices NNS I-NP
closed VBD B-VP
higher JJR B-ADVP
in IN B-PP
Sydney NNP B-NP
, , O
Taipei NNP B-NP
, , O
Wellington NNP B-NP
, , O
Manila NNP B-NP
, , O
Hong NNP B-NP
Kong NNP I-NP
and CC O
Singapore NNP B-NP
and CC O
were VBD B-VP
lower JJR B-ADJP
in IN B-PP
Seoul NNP B-NP
. . O

Here RB B-ADVP
are VBP B-VP
price NN B-NP
trends NNS I-NP
on IN B-PP
the DT B-NP
world NN I-NP
's POS B-NP
major JJ I-NP
stock NN I-NP
markets NNS I-NP
, , O
as IN B-SBAR
calculated VBN B-VP
by IN B-PP
Morgan NNP B-NP
Stanley NNP I-NP
Capital NNP I-NP
International NNP I-NP
Perspective NNP I-NP
, , O
Geneva NNP B-NP
. . O

To TO B-VP
make VB I-VP
them PRP B-NP
directly RB B-ADJP
comparable JJ I-ADJP
, , O
each DT B-NP
index NN I-NP
is VBZ B-VP
based VBN I-VP
on IN B-PP
the DT B-NP
close NN I-NP
of IN B-PP
1969 CD B-NP
equaling VBG B-VP
100 CD B-NP
. . O

The DT B-NP
percentage NN I-NP
change NN I-NP
is VBZ B-VP
since IN B-PP
year-end NN B-NP
. . O

The DT B-NP
U.S. NNP I-NP
is VBZ B-VP
required VBN I-VP
to TO I-VP
notify VB I-VP
foreign JJ B-NP
dictators NNS I-NP
if IN B-SBAR
it PRP B-NP
knows VBZ B-VP
of IN B-PP
coup NN B-NP
plans NNS I-NP
likely JJ B-ADJP
to TO B-VP
endanger VB I-VP
their PRP$ B-NP
lives NNS I-NP
, , O
government NN B-NP
officials NNS I-NP
said VBD B-VP
. . O

The DT B-NP
notification NN I-NP
policy NN I-NP
was VBD B-VP
part NN B-NP
of IN B-PP
a DT B-NP
set NN I-NP
of IN B-PP
guidelines NNS B-NP
on IN B-PP
handling NN B-VP
coups NNS B-NP
outlined VBN B-VP
in IN B-PP
a DT B-NP
secret JJ I-NP
1988 CD I-NP
exchange NN I-NP
of IN B-PP
letters NNS B-NP
between IN B-PP
the DT B-NP
Reagan NNP I-NP
administration NN I-NP
and CC O
the DT B-NP
Senate NNP I-NP
Intelligence NNP I-NP
Committee NNP I-NP
. . O

The DT B-NP
existence NN I-NP
of IN B-PP
the DT B-NP
guidelines NNS I-NP
has VBZ B-VP
become VBN I-VP
known VBN I-VP
since IN B-SBAR
President NNP B-NP
Bush NNP I-NP
disclosed VBD B-VP
them PRP B-NP
privately RB B-ADVP
to TO B-PP
seven CD B-NP
Republican NNP I-NP
senators NNS I-NP
at IN B-PP
a DT B-NP
White NNP I-NP
House NNP I-NP
meeting NN I-NP
last JJ B-NP
Monday NNP I-NP
. . O

Officials NNS B-NP
familiar JJ B-ADJP
with IN B-PP
the DT B-NP
meeting NN I-NP
said VBD B-VP
Mr. NNP B-NP
Bush NNP I-NP
cited VBD B-VP
the DT B-NP
policy NN I-NP
as IN B-PP
an DT B-NP
example NN I-NP
of IN B-PP
the DT B-NP
sort NN I-NP
of IN B-PP
congressional JJ B-NP
requirements NNS I-NP
the DT B-NP
administration NN I-NP
contends VBZ B-VP
contribute VB B-VP
to TO B-PP
the DT B-NP
failure NN I-NP
of IN B-PP
such JJ B-NP
covert JJ I-NP
actions NNS I-NP
as IN B-PP
this DT B-NP
month NN I-NP
's POS B-NP
futile JJ I-NP
effort NN I-NP
to TO B-VP
oust VB I-VP
Panamanian JJ B-NP
dictator NN I-NP
Manuel NNP I-NP
Noriega NNP I-NP
. . O

According VBG B-PP
to TO B-PP
the DT B-NP
officials NNS I-NP
, , O
Mr. NNP B-NP
Bush NNP I-NP
even RB B-ADVP
read VB B-VP
to TO B-PP
the DT B-NP
senators NNS I-NP
selections NNS B-NP
from IN B-PP
a DT B-NP
highly RB I-NP
classified VBN I-NP
letter NN I-NP
from IN B-PP
the DT B-NP
committee NN I-NP
to TO B-PP
the DT B-NP
White NNP I-NP
House NNP I-NP
discussing VBG B-VP
the DT B-NP
guidelines NNS I-NP
. . O

They PRP B-NP
said VBD B-VP
the DT B-NP
president NN I-NP
conceded VBD B-VP
the DT B-NP
notification NN I-NP
requirement NN I-NP
did VBD B-VP
n't RB I-VP
affect VB I-VP
his PRP$ B-NP
decision NN I-NP
to TO B-VP
lend VB I-VP
only RB B-NP
minor JJ I-NP
support NN I-NP
to TO B-PP
this DT B-NP
month NN I-NP
's POS B-NP
Panama NNP I-NP
coup NN I-NP
effort NN I-NP
. . O

No DT B-NP
notification NN I-NP
was VBD B-VP
ever RB I-VP
considered VBN I-VP
, , O
officials NNS B-NP
said VBD B-VP
, , O
apparently RB B-ADVP
because IN B-SBAR
the DT B-NP
U.S. NNP I-NP
did VBD B-VP
n't RB I-VP
think VB I-VP
the DT B-NP
coup NN I-NP
plotters NNS I-NP
intended VBN B-VP
to TO I-VP
kill VB I-VP
Mr. NNP B-NP
Noriega NNP I-NP
, , O
but CC O
merely RB B-VP
sought VBD I-VP
to TO I-VP
imprison VB I-VP
him PRP B-NP
. . O

What WP B-NP
's VBZ B-VP
more JJR B-NP
, , O
both DT B-NP
administration NN B-NP
and CC O
congressional JJ B-NP
officials NNS I-NP
hint VBP B-VP
that IN B-SBAR
the DT B-NP
notification NN I-NP
requirement NN I-NP
is VBZ B-VP
likely JJ B-ADJP
to TO B-VP
be VB I-VP
dropped VBN I-VP
from IN B-PP
the DT B-NP
guidelines NNS I-NP
on IN B-PP
coup NN B-NP
attempts NNS I-NP
that WDT B-NP
are VBP B-VP
being VBG I-VP
rewritten VBN I-VP
by IN B-PP
the DT B-NP
panel NN I-NP
and CC O
the DT B-NP
White NNP I-NP
House NNP I-NP
. . O

The DT B-NP
rewriting VBG I-NP
was VBD B-VP
launched VBN I-VP
at IN B-PP
a DT B-NP
meeting NN I-NP
between IN B-PP
Mr. NNP B-NP
Bush NNP I-NP
and CC O
intelligence NN B-NP
committee NN I-NP
leaders NNS I-NP
Oct. NNP B-NP
12 CD I-NP
, , O
a DT B-NP
few JJ I-NP
days NNS I-NP
before IN B-PP
the DT B-NP
meeting NN I-NP
at IN B-PP
which WDT B-NP
the DT B-NP
president NN I-NP
complained VBD B-VP
about IN B-PP
the DT B-NP
rules NNS I-NP
. . O

However RB B-ADVP
, , O
the DT B-NP
disclosure NN I-NP
of IN B-PP