decline.01

frames

• Longer maturities are thought *-1 to indicate [_rel declining] [_ARG1 interest] rates because they permit portfolio managers to retain relatively higher rates for a longer period .
• First , they are designed *-1 to eliminate the risk of prepayment -- mortgage-backed securities can be retired *-43 early if [_ARG1 interest rates] [_rel decline] , and such prepayment forces investors to redeploy their money at lower rates .
• Any reading below 50 % suggests 0 [_ARG1 the manufacturing sector] is [_ARGM-ADV generally] [_rel declining] .
• [_ARGM-ADV Excluding these orders] , [_ARG1 backlogs] [_rel declined] [_ARG2-EXT 0.3 %] .
• Bank of New England has been hit *-95 hard by the region 's real-estate slump , with [_ARG1 its net income] [_rel declining] [_ARG2-EXT 42 %] to [_ARG4-to $ 121.6 million *U* , or 61 cents a share ,] [_ARGM-TMP in the first nine months of 1989] from [_ARG3-from the year-earlier period] .
• The Philadelphia Fed , for instance , reported that [_ARG1 manufacturing activity] `` continues *-1 to [<sub>rel</sub> decline] '' for the fourth month in a row .
• But advancing issues on the New York Stock Exchange were tidily ahead of [<sub>rel</sub> declining] [<sub>ARG1</sub> stocks] , 847 to 644 .
• Indeed , net cash income is likely *-1 to fall this year as farm expenses rise and [<sub>ARG1</sub> government payments to farmers] [<sub>rel</sub> decline] .
• A large investor will likely cause [<sub>ARG1</sub> the futures market] to [<sub>rel</sub> decline] when he sells his futures *T*-1 .
• * Eliminate arbitrage and [<sub>ARG1</sub> liquidity] [<sub>ARGM-MOD</sub> will] [<sub>rel</sub> decline] [<sub>ARGM-ADV</sub> instead of * rising] , [<sub>ARGM-ADV</sub> * creating more volatility instead of less] .
• It *EXP*-2 is interesting * to see the fundamental stock pickers scream `` foul '' on program trading [_ARGM-TMP when] [_ARG1 the markets] [_rel decline] *T*-1 , while *-3 hailing the great values still abounding as the markets rise .
• In addition , he says *T*-3 *ICH*-2 , the buy-out business is under pressure `` because of the junk bond collapse , '' * meaning that [<sub>ARG1</sub> returns] are likely *-1 to [<sub>rel</sub> decline] [<sub>ARGM-ADV</sub> as the volume of junk-bond financings shrinks] .
• Akio Yamamoto , managing director of Nomura Investment Trust Management , said that if [<sub>ARG1</sub> the U.S. federal funds rate] [<sub>rel</sub> declines] to [<sub>ARG4-to</sub> around 8.5 %] , institutions would acquire a clearer idea regarding the direction of the market and thus more comfortably participate in active buying .
• [<sub>ARG1</sub> Tokyu Group , Mitsubishi Estate and Bridgestone\/Firestone , which *T*-1 advanced Tuesday ,] [<sub>rel</sub> declined] [<sub>ARGM-ADV</sub> on profit-taking] .
• [<sub>rel</sub> Declining] [<sub>ARG1</sub> issues] slightly outnumbered advancing issues , 454 to 451 .
• [<sub>ARGM-DIS</sub> But] [<sub>ARG1</sub> revenue] [<sub>rel</sub> declined] to [<sub>ARG4-to</sub> $ 3 billion *U*] from [<sub>ARG3-from</sub> $ 3.2 billion *U*] .
• [<sub>ARG1</sub> Revenue] [<sub>rel</sub> declined] [<sub>ARG2-EXT</sub> 8 %] to [<sub>ARG4-to</sub> $ 85.7 million *U*] , from [<sub>ARG3-from</sub> $ 93.3 million *U* a year earlier] .
• [<sub>ARG1</sub> December silver] [<sub>rel</sub> declined] [<sub>ARG2-EXT</sub> 6.50 cents an ounce] to [<sub>ARG4-to</sub> $ 5.2180 *U*] .
• The Tokyo Stock Price Index of all issues listed * in [<sub>ARG1</sub> the First Section] , which *T*-77 [<sub>rel</sub> declined] [<sub>ARG2-EXT</sub> 5.16] [<sub>ARGM-TMP</sub> on Monday] , was up 16.05 , or 0.60 % , at 2692.65 on Tuesday .
• [<sub>ARGM-DIS</sub> Third] , [<sub>ARG1</sub> oil prices] have [<sub>ARGM-NEG</sub> n't] [<sub>rel</sub> declined] [<sub>ARGM-ADV</sub> although supply has been increasing] .
• [<sub>ARG1</sub> The number of people registered * as jobless at the end of October] [<sub>rel</sub> declined] by [<sub>ARG2-by</sub> 900] [<sub>ARGM-TMP</sub> from September] to [<sub>ARG4-to</sub> 78,600] .
• [<sub>ARG1</sub> Capital requirements] [<sub>ARGM-MOD</sub> will] be [<sub>rel</sub> declining] and no new generating facilities will be required *-90 [<sub>ARGM-TMP</sub> for several years] , Moody 's said 0 *T*-1 .
• *-1 TO GRAB a bigger piece of the [<sub>rel</sub> declining] [<sub>ARG1</sub> scotch] market , Seagram Co. has launched a controversial `` frequent drinker '' promotion for its Chivas Regal brand .
• Mr. Achenbaum helped Morgan in its recent agency search , and he has a long relationship with Hyundai , which *T*-294 is having severe troubles , including [_rel declining] [_ARG1 sales] .
• But , Mr. Kakita added 0 *T*-2 , once U.S. equities regain some stability , players will move back into dollar-denominated investments , especially Treasury bonds , whose value *T*-6 rises [_ARGM-TMP when] [_ARG1 interest rates] [_rel decline] *T*-1 .
• He said 0 he expects [_ARG1 U.S. interest rates] to [_rel decline] , [_ARGM-ADV * dragging the dollar down to around 1.80 marks by the end of January after a short-lived dash to 1.87 marks by the end of November] .
• At a time when most analysts and industry consultants say 0 pulp and paper prices are heading for a dive *T*-1 , * adding capacity and debt could squeeze Georgia-Pacific if [_ARG1 the industry] [_rel declines] [_ARG2-EXT more than the company expects] .
• Some 1,111 Big Board issues advanced in price and [_ARG1 only 448] [_rel declined] , [_ARGM-TMP while broader market averages rose sharply] .
• I understand , but have n't yet verified *ICH*-1 , that there are studies by Norwegians , Russians and the Max Planck Institute that *T*-173 show either unchanging or [_rel declining] [_ARG1 UV-B] at the surface .
• [_rel Declining] [_ARG1 issues] outnumbered advancers 551 to 349 ; 224 issues were unchanged .
• [_ARGM-DIS However] , [_ARG1 the total value] [_rel declined] [_ARGM-LOC for deals of $ 100 million and up *U*] .
• The American Bowling Congress claims 0 a higher percentage of the public bowls regularly , but concedes 0 [_ARG1 its membership] has [_rel declined] [_ARGM-TMP this decade] .
• [_ARG1 Japan 's exports of cars , trucks and buses] [_rel declined] [_ARG2 2.4 %] to [_ARG4-to 535,322 units] [_ARGM-TMP in September] from [_ARG3-from a year earlier] , the Japan Automobile Manufacturers Association said 0 *T*-1 .
• [_ARGM-ADV With the exception of August , when exports rose 2.1 % *T*-1] , [_ARG1 exports] have [_rel declined] [_ARGM-TMP every month] from [_ARG3-from year-earlier levels] [_ARGM-TMP since March] .
• But [_rel declining] [_ARG1 issues] on the New York Stock Exchange outnumbered gainers 774 to 684 , and broader market indexes were virtually unchanged .
• [_ARG1 The OTC market] [_ARGM-TMP now] has [_rel declined] [_ARGM-TMP in eight of the past 11 sessions] .
• [_ARG1 Call] from Sept. 30 , 1993 , at 100 3\/16 , [_rel declining] by [_ARG2-by 1\/16 point a year] to to [_ARG4-to par] .
• According to the Value Line Investment Survey , demand for Nekoosa 's commodity paper has weakened , * prompting [_ARG1 earnings] to [_rel decline] by [_ARG2-by 6.6 %] [_ARGM-TMP in the third quarter ended Sept. 30] .
• But the company has had weak results so far this year , with [_ARG1 earnings] [_rel declining] [_ARG2-EXT 43 %] to [_ARG4-to $ 13.7 million *U* , or $ 1.43 *U* a share] , [_ARGM-ADV on a 4 % decline in revenue to $ 713.5 million *U* through the first nine months of the year] .
• [_ARG1 Net interest income for the third quarter] [_rel declined] to [_ARG4-to $ 35.6 million *U*] from [_ARG3-from $ 70.1 million *U*] a year ago .
• Ogilvy & Mather , whose [_rel declining] [_ARG1 profitability] *T*-1 prompted its takeover by WPP Group earlier this year , will see its profit margins bounce back to the `` 11.5 % range '' in 1990 , said 0 *T*-2 Graham Phillips , the agency 's new chairman-elect .
• While Boeing 's commercial business is booming , its military business is feeling the effects of a [<sub>rel</sub> declining] [<sub>ARG1</sub> defense] budget after a strong buildup during the Reagan presidency .
• He says 0 the economy , and especially the employment numbers , look much better than he expected *?* ; [<sub>ARG1</sub> interest rates] have [<sub>ARGM-ADV</sub> generally] [<sub>rel</sub> declined] ; inflation has n't run amok .
• [<sub>ARGM-ADV</sub> According to the Commerce Department report] , [<sub>ARG1</sub> spending on durable goods -- items expected * to last at least three years , including cars --] [<sub>rel</sub> declined] by [<sub>ARG2-by</sub> $ 6.2 billion *U*] .
• The figures came a day after the government released a report showing that consumer spending propelled U.S. economic expansion in the third quarter while -- on an inflation-adjusted basis -- business investment slowed , [<sub>ARG1</sub> government spending] [<sub>rel</sub> declined] , and exports were flat .
• [<sub>ARGM-ADV</sub> While domestic orders climbed an adjusted 8 % and a nominal 11 % in September] , [<sub>ARG1</sub> foreign orders] [<sub>rel</sub> declined] [<sub>ARG2</sub> 4 %] [<sub>ARGM-TMP</sub> after inflation] and 1 % on a nominal basis .
• [<sub>ARGM-ADV</sub> While domestic orders climbed an adjusted 8 % and a nominal 11 % in September] , [<sub>ARG1</sub> foreign orders] [<sub>rel</sub> declined] 4 % after inflation and [<sub>ARG2</sub> 1 %] [<sub>ARGM-MNR</sub> on a nominal basis] .
• [<sub>ARGM-LOC</sub> In the Northeast] , [<sub>ARGM-DIS</sub> however] , [<sub>ARG1</sub> sales] [<sub>rel</sub> declined] [<sub>ARG2</sub> 0.4 %] [<sub>ARGM-TMP</sub> in the period] , [<sub>ARGM-ADV</sub> with sales in New England falling 2.6 %] .
• However , companies with few catastrophe losses this year and already big buyers of reinsurance are likely *-1 to see [<sub>ARG1</sub> their rates] remain flat , or [<sub>ARGM-ADV</sub> perhaps] [<sub>ARGM-ADV</sub> even] [<sub>rel</sub> decline] [<sub>ARGM-MNR</sub> slightly] .
• Sales of electric appliances were flat , and [<sub>ARG1</sub> sales of electronic equipment] [<sub>rel</sub> declined] [<sub>ARGM-MNR</sub> slightly] .
• [<sub>rel</sub> Declining] [<sub>ARG1</sub> issues] on the Big Board were far ahead of gainers , 1,108 to 416 .
• [<sub>ARGM-DIS</sub> But] [<sub>ARGM-TMP</sub> since then] [<sub>ARG1</sub> U.S. oil production] has [<sub>rel</sub> declined] and Mobil wants *-1 to focus its oil-finding efforts overseas .
• That makes them a reasonable option for investors who *T*-1 will accept some risk of price fluctuation in order *-2 to make a bet that [<sub>ARG1</sub> interest rates] [<sub>ARGM-MOD</sub> will] [<sub>rel</sub> decline] [<sub>ARGM-TMP</sub> over the next year or so] .
• The 1990 plan also assumes 0 [<sub>ARG1</sub> inflation] [<sub>ARGM-MOD</sub> will] [<sub>rel</sub> decline] to [<sub>ARG4-to</sub> 1.7 %] [<sub>ARGM-TMP</sub> by 1994] .
• The growing sales sustained * by domestic demand failed *-2 to counter rising material metal costs and [<sub>rel</sub> declining] [<sub>ARG1</sub> profitability] in overseas construction , Furukawa said 0 *T*-1 .
• Junk-fund holders have barely broken even this year , as fat interest payments barely managed *-1 to offset [<sub>rel</sub> declining] [<sub>ARG1</sub> prices] .
• Much of the moderation came from [<sub>rel</sub> declining] [<sub>ARG1</sub> energy] prices , which *T*-1 have since turned up a bit , analysts said 0 *T*-2 .
• But it said that its consumer banks in Oregon , California , Nevada and Washington performed well during the quarter and that [<sub>ARG1</sub> nonperforming assets at these banks] [<sub>rel</sub> declined] by [<sub>ARG2-by</sub> 14 %] [<sub>ARGM-TMP</sub> over the year-ago period] .
• [<sub>rel</sub> Declining] [<sub>ARG1</sub> issues] on the Big Board outstripped gainers 1,141 to 406 .
• General Motors Corp. 's big defense and automotive electronics unit , GM Hughes Electronics , said 0 net income fell 22 % in the third quarter , * reflecting [<sub>rel</sub> declining] [<sub>ARG1</sub> military] spending and slumping GM vehicle production .
• One way that money fund managers boost yields in a [<sub>rel</sub> declining] [<sub>ARG1</sub> rate] environment *T*-1 is by * extending the maturities of their investments , so they can earn the current higher rates for a longer period .
• It *EXP*-1 is no coincidence that from 1844 to 1914 , when the Bank of England was an independent private bank *T*-3 , the pound was never devalued *-4 and payment of gold for pound notes was never suspended *-5 , but [<sub>ARGM-ADV</sub> with the subsequent nationalization of the Bank of England] , the pound was devalued *-2 with increasing frequency and [<sub>ARG1</sub> its use as an international medium of exchange] [<sub>rel</sub> declined] .
• Hyundai Motor America , *-1 fighting quality complaints , [<sub>rel</sub> declining] [<sub>ARG1</sub> sales] and management turmoil , yesterday unveiled its 1990 ad strategy , tagged * `` We 're Making More Sense Than Ever . ''
• The company said 0 [_ARG1 its shipments] [_rel declined] [_ARGM-CAU as a result of a reduction in inventories by service centers , a lackluster automotive market and increasing competitive pressures in the construction market] .
• [_ARGM-DIS However] , [_ARG1 its equity in the net income of National Steel] [_rel declined] to [_ARG4-to $ 6.3 million *U*] from [_ARG3-from $ 10.9 million *U*] [_ARGM-CAU as a result of softer demand and lost orders following prolonged labor talks and a threatened strike] .
• Delta Air Lines earnings soared 33 % to a record in the fiscal first quarter , *-1 bucking the industry trend toward [_rel declining] [_ARG1 profits] .
• A trader at Yamaichi Securities said 0 the market 's mood was undercut *-1 by the continuing fall of [_ARG1 Nippon Telegraph & Telephone shares] , which *T*-2 [_rel declined] to [_ARG4-to their lowest level since the begining of this year] .
• [_ARG1 UAL stock] [_rel declined] by [_ARG2-by 9] to [_ARG4-to 161] [_ARGM-TMP after nobody surfaced *-2 to claim credit for aggressive buying Tuesday by Bear Stearns that *T*-1 sent UAL stock up 35 points in a matter of hours] .
• [_ARGM-ADV Except for a few spots , notably Georgia , Virginia and Michigan ,] [_ARG1 failures] [_rel declined] [_ARGM-LOC almost across the board] , [_ARGM-ADV according to the business information services company] .
• Law firms that *T*-1 have feasted and grown on the revenue from mergers and acquisitions work are feeling the squeeze as [_ARG1 that work] [_rel declines] .
• [_ARGM-DIS Moreover] , [_ARG1 the number of people who *T*-1 spontaneously cited lower prices as the reason for their interest in Sears] [_rel declined] to [_ARG4-to 16 %] [_ARGM-TMP in September] from [_ARG3-from 33 % in March] .
• Analysts estimated that [_ARG1 sales at U.S. stores] [_rel declined] [_ARGM-TMP in the quarter] , [_ARGM-DIS too] .
• [_ARG1 Unfilled orders for durable goods] rose 0.4 % in September , to $ 476.14 billion *U* , after *-1 [_rel declining] [_ARGM-TMP for the first time in 2 1\/2 years] [_ARGM-TMP in August] .
• But analysts noted that [_ARGM-ADV excluding transportation - where what they believe *T*-1 was a temporary surge in auto demand pushed up the figures *T*-2 -] [_ARG1 order backlogs] have [_rel declined] [_ARGM-TMP for three months in a row] .
• Last month , Mr. Curcio was succeeded *-1 by Ralph E. Reins as chief executive officer following several quarters of lackluster or [_rel declining] [_ARG1 performance] .
• The coincidence might lead to the conclusion that short-sellers bet heavily on that day that [_ARG1 OTC stocks] [_ARGM-MOD would] [_rel decline] [_ARGM-MNR further] .
• Individuals familiar with Mobil 's strategy say that Mobil is reducing its U.S. work force because of [_rel declining] [_ARG1 U.S.] output .
• [_ARG1 Daily output] is expected *-1 to [_rel decline] by [_ARG2-by at least another 500,000 barrels] [_ARGM-TMP next year] .
• `` Because of shrinkage in the economy , [<sub>ARG1</sub> rates] can be expected *-1 to [<sub>rel</sub> decline] [<sub>ARGM-TMP</sub> over a one-year horizon] , '' said *T*-2 Norberto Mehl , chairman of Banxquote .
• [<sub>ARG1</sub> Interest rates] generally began *-1 [<sub>rel</sub> declining] last spring after *-1 moving steadily upward for more than a year .
• [<sub>ARG1</sub> Long-term CDs] [<sub>rel</sub> declined] [<sub>ARG2</sub> just a fraction] .
• [<sub>ARG1</sub> Unemployment] , for example , has continued *-1 to [<sub>rel</sub> decline] , and the September trade figures showed increases in both imports and exports .
• TDK fell 120 to 5,960 , [<sub>ARG1</sub> Fuji Photo Film] [<sub>rel</sub> declined] [<sub>ARG2-EXT</sub> 160] to [<sub>ARG4-to</sub> 4,830] , and Fanuc dropped 160 to 7,440 .
• The association spokesman said 0 [<sub>ARG1</sub> bus production] has [<sub>rel</sub> declined] [<sub>ARGM-TMP</sub> since January] , but could n't offer an explanation for the fall .
• Mr. Threlkeld said 0 the copper market seems *-1 to be anticipating a recession in three months , with [<sub>rel</sub> declining] [<sub>ARG1</sub> use] being the result .
• [<sub>rel</sub> Declining] [<sub>ARG1</sub> issues] swamped advancers , 1,222 to 382 .
• However , Mr. Moran added that the Japanese generally have a positive view of the U.S. bond market because of expectations that the dollar will remain strong and [<sub>ARG1</sub> interest rates] [<sub>ARGM-MOD</sub> will] [<sub>rel</sub> decline] .
• Prices of European government bonds also rose as [<sub>ARG1</sub> U.S. stocks] [<sub>rel</sub> declined] .
• In a [<sub>rel</sub> declining] [<sub>ARG1</sub> London] stock market yesterday , Jaguar shares were down four pence from Monday in late trading , at 694 pence -LRB- $ 11.11 *U* -RRB- a share .
• [<sub>ARG1</sub> Per-share earnings] [<sub>rel</sub> declined] to [<sub>ARG4-to</sub> $ 1.10 *U* a share] from [<sub>ARG3-from</sub> $ 1.12 *U* a share] , [<sub>ARGM-CAU</sub> largely because of 21 million additional shares issued * * to retire $ 1 billion *U* of debt] .
• [<sub>ARG1</sub> Results] [<sub>rel</sub> declined] , [<sub>ARGM-DIS</sub> however] , [<sub>ARGM-LOC</sub> in Sun 's refining and marketing and coal businesses] .
• [<sub>ARG1</sub> Revenue] [<sub>rel</sub> declined] [<sub>ARG2-EXT</sub> $ 518 million *U*] , to [<sub>ARG4-to</sub> $ 13.63 billion *U*] .
• Chevron said 0 higher crude oil prices boosted profits from production operations , [<sub>ARGM-DIS</sub> but] [<sub>ARG1</sub> margins in refining and marketing] [<sub>rel</sub> declined] .
• [<sub>ARG1</sub> Revenue] [<sub>rel</sub> declined] [<sub>ARG2-EXT</sub> 3.4 %] , to [<sub>ARG4-to</sub> $ 8.4 billion *U*] from [<sub>ARG3-from</sub> $ 8.7 billion *U*] .
• [<sub>rel</sub> Declining] [<sub>ARG1</sub> issues] on the Big Board were ahead of gainers , 1,012 to 501 .
• `` Entrepreneurs do n't rush *-1 to get into a stagnant or [_rel declining] [_ARG1 industry] . ''
• Because the CD had an effective yield of 13.4 % when it was issued *-1 in 1984 *T*-4 , and [_ARG1 interest rates in general] had [_rel declined] [_ARGM-MNR sharply] [_ARGM-TMP since then] , part of the price 0 Dr. Blumenfeld paid *T*-3 was a premium -- an additional amount on top of the CD 's base value plus accrued interest that *T*-2 represented the CD 's increased market value .
• Especially at times like these , when [_rel declining] [_ARG1 rates] make it *EXP*-1 hard for investors to get yields 0 they have come *-3 to expect *T*-2 , too many people chase the promise of above-market returns without *-4 fully appreciating the risk .
• With [_ARG1 U.S. liquor consumption] [_rel declining] [_ARGM-MNR steadily] , many American producers are stepping up their marketing efforts abroad .
• Microsoft , which last week *T*-1 rose to a record , fell victim to profit-taking , traders said , as [_ARG1 it] [_rel declined] [_ARG2-EXT 2 1\/8] to [_ARG4-to 83 1\/8] .
• There is neither mystery nor paradox in the fact that [_ARGM-ADV as educational expenditures -LRB- in real terms -RRB- have increased sharply in the past quarter-of-a-century -- we now spend more per pupil than any other country in the world --] [_ARG1 educational performance] has [_rel declined] .
• [_ARGM-ADV For the 264 insolvent thrifts under government management at the end of August] , [_ARG1 assets] [_rel declined] by [_ARG2-by $ 3.3 billion *U*] and withdrawals exceeded deposits by $ 1.2 billion *U* .
• [_ARG1 Operating profit from carbon products , such as graphite electrodes ,] [_ARGM-DIS also] [_rel declined] , to [_ARG4-to $ 6 million *U*] from [_ARG3-from $ 20 million *U*] .
• On the other hand , Time Warner said 0 [_ARG1 its operating cash flow *ICH*-1] [_rel declined] [_ARGM-TMP in the quarter] [_ARGM-ADV for its magazine division , its books division and the Home Box Office programming division] .
• Exxon 's profitability , like that of many other oil companies , was hurt *-1 during the third quarter by [_rel declining] [_ARG1 returns] from the chemicals and refining and marketing businesses .
• Exxon 's earnings from chemicals operations fell $ 90 million *U* , to $ 254 million *U* , while [_ARG1 refining and marketing profits] [_rel declined] [_ARG2-EXT $ 180 million *U*] , to [_ARG4-to $ 357 million *U*] .
• Although crude oil prices were significantly higher this year , they were n't strong enough * to offset the [_rel declining] [_ARG1 profits] in those business sectors at most oil companies , said 0 *T*-1 William Randol , oil analyst for First Boston Corp .
• [_rel Declining] [_ARG1 issues] on the New York Stock Exchange outpaced advancers , 1,012 to 501 .
• [_ARG1 Union Carbide , whose third-quarter earnings *T*-1 dropped about 35 % from a year earlier and fell short of analysts ' expectations ,] [_rel declined] [_ARG2-EXT 1\/2] to [_ARG4-to 24 1\/2] .
• After [_ARG1 *-1] [_rel declining] [_ARG2-EXT about 41 %] [_ARGM-TMP last week] , UAL advanced 9 7\/8 to 178 3\/8 on 1.1 million shares on anticipation of a revised takeover offer from a labor-management group for the parent company of United Airlines .
• [_ARG1 Petroleum products prices] [_ARGM-DIS also] [_rel declined] .
• But because first-quarter demand is normally the weakest of the year , several market participants say 0 *T*-1 , [_ARG1 OPEC production] will have *-2 to [_rel decline] [_ARGM-PNC * to keep prices from *-3 eroding further] .
• A spokeswoman said 0 [_ARG1 shipments of truck engines , which *T*-1 provide a higher margin than most of the company 's other products ,] [_rel declined] [_ARG2-EXT 16 %] [_ARGM-TMP from a year earlier] .
• [_ARG1 Earnings for the group] [_rel declined] to [_ARG4-to $ 11 million *U*] from [_ARG3-from $ 33 million *U*] last year .
• [_ARG1 The dollar] [_ARGM-DIS also] [_rel declined] .
• [_ARG1 The junk market , which *T*-1 mushroomed to $ 200 billion *U* from less than $ 2 billion *U* at the start of the decade ,] has been [_rel declining] [_ARGM-TMP for months] [_ARGM-ADV as issuers have stumbled under the weight of hefty interest payments] .
• `` If anything , we 're going *-1 to see defaults increase because [<sub>ARG1</sub> credit ratings] have [<sub>rel</sub> declined] , '' says *T*-2 Paul Asquith , associate professor at the Massachusetts Institute of Technology 's Sloan School of Management .
• Among [<sub>rel</sub> declining] [<sub>ARG1</sub> issues] , a weak earnings outlook drove Groundwater Technology down 6 1\/4 to 24 .
• [<sub>ARG1</sub> Flexible portfolio funds , which *T*-1 allocate investments among stocks , bonds and money-market instruments and other investments ,] [<sub>rel</sub> declined] [<sub>ARGM-MNR</sub> at about half the rate of stock funds -- an average drop of 1.27 %] , [<sub>ARGM-ADV</sub> according to Lipper] .
• This gives them the added benefits of international diversification -- including a foreign-exchange boost during periods , like the past week , when [<sub>ARG1</sub> the dollar] [<sub>rel</sub> declines] [<sub>ARGM-MNR</sub> against other major currencies] *T*-1 .
• [<sub>ARGM-ADV</sub> With all that going for them] , [<sub>ARG1</sub> global flexible portfolio funds] [<sub>rel</sub> declined] [<sub>ARG2-EXT</sub> only 1.07 %] [<sub>ARGM-TMP</sub> in the week through last Thursday] .
• [<sub>ARGM-DIS</sub> But] [<sub>ARGM-TMP</sub> when the dollar rises against major foreign currencies *T*-1] [<sub>ARGM-ADV</sub> , as it did for much of this year ,] [<sub>ARG1</sub> the dollar value of these funds] [<sub>rel</sub> declines] .
• Unocal fell 1 1\/2 to 52 1\/4 and [<sub>ARG1</sub> Burlington Resources] [<sub>rel</sub> declined] [<sub>ARG2-EXT</sub> 7\/8] to [<sub>ARG4-to</sub> 45 5\/8] .
• [<sub>ARG1</sub> Paper and forest-products stocks] [<sub>rel</sub> declined] [<sub>ARGM-TMP</sub> after Smith Barney , Harris Upham & Co. lowered investment ratings on a number of issues in the two sectors , based on a forecast that pulp prices will fall sharply] .
• American Airlines parent AMR and USAir Group , both subject to takeover efforts themselves , have each warned of [<sub>rel</sub> declining] [<sub>ARG1</sub> results] .
• Certainly , the chancellor has made it *EXP*-1 clear that he is prepared *-2 to increase interest rates again if necessary *-3 to both ensure that a substantial slowdown does take place and that [<sub>ARG1</sub> sterling] does [<sub>ARGM-NEG</sub> n't] [<sub>rel</sub> decline] [<sub>ARGM-MNR</sub> further] .
• [<sub>ARGM-LOC</sub> In European trading] [<sub>ARG1</sub> it] [<sub>rel</sub> declined] to [<sub>ARG4-to</sub> $ 1.5890 *U* and 2.9495 marks] from [<sub>ARG3-from</sub> $ 1.5940 *U* and 2.9429 marks] [<sub>ARGM-TMP</sub> late Thursday] .
• [<sub>ARG1</sub> Freight rates] , *-1 [<sub>rel</sub> declining] [<sub>ARGM-TMP</sub> for most of the decade] [<sub>ARGM-CAU</sub> because of competition spurred * by deregulation] , are bottoming out , turning upward and threatening *-1 to fuel inflation .
• The petrochemical maker said 0 the biggest reason 0 [<sub>ARG1</sub> earnings] [<sub>rel</sub> declined] *T*-1 was a loss of production time and the increased costs associated * with a temporary maintenance closing and expansion of an olefins plant .
• Telephone-operations quarterly profit increased 9 % to $ 84 million *U* from $ 77 million *U* , while [<sub>ARG1</sub> federal-systems earnings] [<sub>rel</sub> declined] [<sub>ARG2-EXT</sub> 33 %] to [<sub>ARG4-to</sub> $ 4 million *U*] from [<sub>ARG3-from</sub> $ 6 million *U*] .
• [<sub>ARG1</sub> The role of academic criteria in * choosing Berkeley 's freshmen] [<sub>ARGM-MOD</sub> can] [<sub>ARGM-ADV</sub> only] [<sub>rel</sub> decline] [<sub>ARGM-CAU</sub> as a result] .
• Also , some policy illustrations assume that [<sub>ARG1</sub> mortality costs] [<sub>ARGM-MOD</sub> will] [<sub>rel</sub> decline] or that I will get some sort of dividend bonus after the 10th year .
• Hoechst said 0 the fertilizer market faces overcapacity in Western Europe , rising imports from East bloc countries and overseas , and [<sub>rel</sub> declining] [<sub>ARG1</sub> demand] .
• [<sub>ARG1</sub> Short interest on the New York Stock Exchange] [<sub>rel</sub> declined] [<sub>ARGM-TMP</sub> for the second consecutive month] , [<sub>ARGM-TMP</sub> this time] [<sub>ARG2-EXT</sub> 4.2 %] , [<sub>ARGM-ADV</sub> while the American Stock Exchange reported its third consecutive record month of short interest] .
• Traders who *T*-1 sell short borrow stock and sell it , *-2 betting that [<sub>ARG1</sub> the stock 's price] [<sub>ARGM-MOD</sub> will] [<sub>rel</sub> decline] and that they can buy the shares back later at a lower price for return to the lender .
• Although a substantial short position reflects heavy speculation that [<sub>ARG1</sub> a stock 's price] [<sub>ARGM-MOD</sub> will] [<sub>rel</sub> decline] , some investors consider an increase in short interest bullish because the borrowed shares eventually must be bought *-1 back .
• For the quarter , Textron said 0 [<sub>ARG1</sub> aerospace revenue , including Bell helicopter and jet-engine manufacture ,] [<sub>rel</sub> declined] [<sub>ARG2-EXT</sub> 9.8 %] to [<sub>ARG4-to</sub> $ 755.9 million *U*] from [<sub>ARG3-from</sub> $ 838.3 million *U*] , [<sub>ARGM-ADV</sub> an indication of slowing government defense work] .
• [<sub>ARG1</sub> Energy costs , which *T*-1 drove wholesale prices up sharply during the month ,] continued *-2 to [<sub>rel</sub> decline] [<sub>ARGM-LOC</sub> at the retail level] , *-2 pulling down transportation and helping *-3 to ease housing costs .
• [<sub>ARGM-DIS</sub> But] [<sub>ARG1</sub> retail energy prices] [<sub>rel</sub> declined] [<sub>ARG2</sub> 0.9 %] [<sub>ARGM-TMP</sub> in September] .
• The reason is simple , Mr. Wyss says 0 *T*-1 : `` [_ARG1 Interest rates] [_ARGM-TMP almost always] [_rel decline] [_ARGM-TMP during recession] . ''
• [_ARGM-ADV After all] , [_ARGM-TMP in all five recessions since 1960] , [_ARG1 stocks] [_rel declined] .
• By the time 0 a recession is `` official '' *T*-1 -LRB- two consecutive quarters of [<sub>rel</sub> declining] [<sub>ARG1</sub> gross] national product -RRB- , much of the damage to stocks has already been done - and , in the typical case , the recession is already half over .
• [<sub>ARG1</sub> Premium Government National Mortgage Association securities with coupon rates of 13 % and higher] [<sub>ARGM-ADV</sub> actually] [<sub>rel</sub> declined] [<sub>ARGM-LOC</sub> amid concerns about increased prepayments] [<sub>ARGM-CAU</sub> because of a plan *ICH*-1 being considered * by Congress * to speed the refinancing of government-subsidized mortgages] .
• [<sub>ARG1</sub> That rate] [<sub>ARGM-MOD</sub> would] [<sub>ARGM-MNR</sub> gradually] [<sub>rel</sub> decline] to [<sub>ARG4-to</sub> as little as 29 %] [<sub>ARGM-ADV</sub> for corporate assets held * for 15 years] .
• [<sub>ARGM-TMP</sub> For the nine months] , [<sub>ARG1</sub> Gillette 's net income] [<sub>rel</sub> declined] [<sub>ARG2-EXT</sub> 1 %] to [<sub>ARG4-to</sub> $ 205.3 million *U* , or $ 2.02 *U* a share ,] from [<sub>ARG3-from</sub> $ 207 million *U* , or $ 1.82 *U* a share] , in the 1988 period .
• [<sub>ARG1</sub> Output] [<sub>rel</sub> declined] [<sub>ARGM-LOC</sub> in several provinces , including Jiangsu and Zhejiang , two key coastal areas , and Sichuan , the nation 's agricultural breadbasket] .
• [<sub>ARGM-LOC</sub> Nationwide] , [<sub>ARG1</sub> output of light industrial products] [<sub>rel</sub> declined] [<sub>ARG2</sub> 1.8 %] -- `` the first decline in 10 years , '' a bureau spokesman told China Daily 0 *T*-1 .
• San Francisco-based Pacific Telesis said 0 [_ARG1 net] [_rel declined] [_ARG2-EXT 12.6 %] , [_ARGM-CAU primarily because of regulatory action] .
• [_ARG1 The industry 's chemical profits] [_ARGM-DIS also] [_rel declined] [_ARGM-CAU because excess capacity has depressed prices] .
• American Petrofina Inc. , a Dallas-based integrated oil company , yesterday said 0 [_ARG1 its third-quarter earnings] [_rel declined] by [_ARG2-by more than half] .
• [_ARG1 Chemical earnings] [_rel declined] by [_ARG2-by one-third] to [_ARG4-to $ 120 million *U*] [_ARG3 last year 's robust levels] .
• [_ARG1 Sales] [_rel declined] [_ARG2-EXT 3 %] to [_ARG4-to $ 524.5 million *U*] from [_ARG3-from $ 539.4 million *U*] .
• Callable from March 31 , 1992 , at [_ARG1 107 3\/4] , [_rel declining] [_ARG2 two points] [_ARGM-TMP semi-annually] to [_ARG4-to par] .
• Call from Nov. 24 , 1994 , at [_ARG1 101 1\/2] , [_rel declining] [_ARG2 1\/4 point a year] .
• [_ARG1 Revenue] [_rel declined] [_ARG2-EXT 2 %] , to [_ARG4-to $ 3.06 billion *U*] from [_ARG3-from $ 3.13 billion *U*] , [_ARGM-CAU because of the sale of Southland Life in March , and the impact of the stronger U.S. dollar on overseas results] .
• [_ARG1 Futures prices] [_rel declined] .
• [_ARG1 Revenue] [_rel declined] [_ARG2-EXT 6.3 %] to [_ARG4-to $ 1.11 billion *U*] from [_ARG3-from $ 1.18 billion *U*] .
• [_ARG1 State housing prices , at a median $ 201,028 *U* ,] have [_rel declined] [_ARGM-TMP in recent months] [_ARGM-CAU because of potential buyers ' inability * to afford homes] .
• The dollar finished *-1 mixed , while [_ARG1 gold] [_rel declined] .
• [_ARG1 Pretax earnings] [_rel declined] [_ARG2-EXT 1.3 %] .
• Third-quarter spreads widened to the highest level in two years as loan portfolio yields rose and [_ARG1 money costs] [_rel declined] , the company said 0 *T*-1 .
• [_ARGM-ADV As * previously reported *-2] , [_ARG1 those sales] have been [_rel declining] [_ARGM-TMP this year] [_ARGM-LOC in the wake of allegations that the company engaged in unfair sales practices that *T*-1 encouraged customers to overpurchase services] .
• [_ARGM-DIS But] [_ARG1 revenue] [_rel declined] [_ARG2-EXT more than 2 %] , [_ARGM-ADV * reflecting in part a continuing drop in sales of credit services in the wake of controversy over the company 's sales practices] .
• [_rel Declining] [_ARG1 issues] outnumbered advancers 505-455 , with 172 unchanged .
• Sales by the specialty chemicals and materials science segments were flat , and [_ARG1 sales by the agriculture segment] [_rel declined] [_ARG2-EXT 5 %] .
• [_ARG1 World-wide consumer product sales] [_rel declined] [_ARG2-EXT 12 %] , [_ARGM-CAU primarily because of the European cosmetics sale] .
• [_ARGM-CAU As a result of last year 's decline] , [_ARG1 the government 's estimate for the number of people living below the poverty line] [_rel declined] by [_ARG2-by about 500,000] .
• Callable on March 31 , 1992 , at 109 , also beginning Sept. 30 , 1992 , from 101 1\/2 [_ARGM-DIS and] [_rel declining] [_ARG2-EXT half a point] [_ARGM-TMP semiannually] to [_ARG4-to par] .
• [_ARG1 That rate] [_ARGM-MOD would] [_ARGM-MNR gradually] [_rel decline] to [_ARG4-to as little as 29 %] [_ARGM-ADV for corporate assets held * for 15 years] .
• Some 822 New York Stock Exchange issues advanced in price , while [_ARG1 668] [_rel declined] .
• Wang Laboratories Inc. , Lowell , Mass. , *-1 beset * by [_rel declining] [_ARG1 demand] for its computers , reported a $ 62.1 million *U* , 38-cents-a-share loss in its first quarter ended Sept. 30 .
• Georgia Gulf Corp. , hurt * by [_rel declining] [_ARG1 sales] and falling chemical prices , said 0 third-quarter earnings fell 13 % to $ 46.1 million *U* from $ 53.1 million *U* in the year-earlier period .
• [_ARG1 Sales] [_rel declined] [_ARG2-EXT 10 %] to [_ARG4-to $ 251.2 million *U*] from [_ARG3-from $ 278.7 million *U*] .
• [_ARGM-ADV * Exclusive of the gain] , [_ARG1 operating profit] [_rel declined] [_ARG2-EXT 35 %] to [_ARG4-to $ 16.4 million *U* , or 21 cents a share ,] from [_ARG3-from $ 25.2 million *U* , or 31 cents a share] .
• [_ARG1 The December contract] [_rel declined] [_ARG2-EXT 1.85 cents a pound] to [_ARG4-to $ 1.2645 *U*] .
• Advancing issues beat [_rel declining] [_ARG1 ones] , 1,271 to 811 .
• Within minutes after the stock market closed Friday , I called Sen. Bill Bradley of New Jersey , advised him that [_ARG1 the Dow Jones Industrial Average] had [_rel declined] by [_ARG2-by 190 points] [_ARGM-TMP late that afternoon] , and cheerfully informed him that he and his fellow Democrats were *-1 to blame *-2 .
• [_ARG1 U.S. oil supplies] , [_ARGM-DIS however] , had peaked in 1970 and 1971 and [_ARGM-TMP by 1973] were [_rel declining] .
• [_ARG1 Racal Electric , which *T*-1 traded 11 million shares ,] [_rel declined] [_ARG2-EXT 12] to [_ARG4-to 218] .
• -- If [_ARG1 the price of the stock] [_rel declines] , the put will increase in value .
• [_ARG1 Exports] [_rel declined] [_ARGM-TMP for the second consecutive month] [_ARGM-TMP in August] , [_ARGM-ADV *-1 slipping 0.2 % to $ 30.41 billion *U*] , the Commerce Department reported 0 *T*-2 .
• At the same time , William T. Archey , international vice president at the U.S. Chamber of Commerce , notes : `` Clearly the stronger dollar has made imports more attractive '' by *-1 causing [<sub>ARG1</sub> their prices] to [<sub>rel</sub> decline] .
• The company attributed the loss to [<sub>rel</sub> declining] [<sub>ARG1</sub> revenue] and litigation costs relating to criminal charges against the company and two former executives , William G. Moore Jr. and Robert W. Reedy .
• Altogether , [<sub>ARG1</sub> employment] is expected *-1 to [<sub>rel</sub> decline] to [<sub>ARG4-to</sub> less than 16,000] from [<sub>ARG3-from</sub> the current level of about 18,000] .
• Cincinnati Bell Inc. said 0 [<sub>ARG1</sub> net] [<sub>rel</sub> declined] [<sub>ARG2-EXT</sub> 1.8 %] .
• [<sub>ARG1</sub> Industrial production] [<sub>rel</sub> declined] [<sub>ARG2-EXT</sub> 0.1 %] [<sub>ARGM-TMP</sub> in September] , [<sub>ARGM-ADV</sub> * reinforcing other signs that the manufacturing sector continues its slowing trend] .
• [<sub>ARG1</sub> Lung-cancer mortality rates for people under 45 years of age] have begun *-1 to [<sub>rel</sub> decline] , federal researchers report 0 *T*-2 .
• Although lung-cancer mortality rates are increasing for the nation as a whole , the report projects that [<sub>ARG1</sub> death rates] will begin *-1 to [<sub>rel</sub> decline] [<sub>ARGM-TMP</sub> in the 1990s] [<sub>ARGM-ADV</sub> for men] and after the year 2000 for women .
• Although lung-cancer mortality rates are increasing for the nation as a whole , the report projects that [<sub>ARG1</sub> death rates] will begin *-1 to [<sub>rel</sub> decline] in the 1990s for men and [<sub>ARGM-TMP</sub> after the year 2000] [<sub>ARGM-ADV</sub> for women] .
• But Dr. Fraumeni , one of the authors of the report , said `` the [_rel declining] [_ARG1 rates] 0 we 're seeing *T*-3 for younger people we believe *T*-1 may * be a harbinger of declining mortality in the future . ''
• But Dr. Fraumeni , one of the authors of the report , said `` the declining rates 0 we 're seeing *T*-3 for younger people we believe *T*-1 may * be a harbinger of [<sub>rel</sub> declining] [<sub>ARG1</sub> mortality] in the future . ''
• An editorial in the NCI Journal says 0 the report of [<sub>rel</sub> declining] [<sub>ARG1</sub> lung-cancer] mortality `` among young men and women in the U.S. indicates that we finally may be winning the battle -- this even in a country where the tobacco industry spends over $ 2 billion *U* a year for promotion of the addictive habit of smoking *T*-1 . ''
• The study , by Susan Devesa , William Blot and Joseph Fraumeni of the institute 's staff , also shows that [_ARG1 the incidence of lung cancer as well as the death rate] [_rel declined] [_ARGM-TMP over the decade] [_ARGM-ADV for all groups in the 35-44 age bracket , except black men] .
• Advancing and [_rel declining] [_ARG1 issues] finished *-1 about even .
• In addition , the company said 0 *T*-2 , it was hurt *-1 by higher than previous-year costs for raw materials , though [_ARG1 those costs] have [_rel declined] [_ARGM-TMP since the second quarter] .
• The Fed has allowed [_ARG1 a key short-term interest rate] to [_rel decline] [_ARG2-EXT about one-quarter percentage point] .
• [_ARG1 Long-term Treasury issues] [_rel declined] [_ARG2-EXT about half a point , or $ 5 *U* for each $ 1,000 *U* face amount] .
• It already has allowed [_ARG1 the closely watched federal funds rate] to [_rel decline] [_ARG2-EXT 1\/4 percentage point] to [_ARG4-to about 8 3\/4 %] from [_ARG3-from its previous target level of about 9 %] .
• Still , proponents may be shying away from more drumbeating because they sense 0 political tides have turned against * arming the Nicaraguan rebels or boosting spending on SDI -- particularly when the public perceives 0 [_ARG1 the Soviet threat] is [_rel declining] [_ARGM-LOC under Mikhail Gorbachev] *T*-1 .
• [_ARG1 It] [_ARGM-DIS also] [_rel declined] [_ARGM-MNR against the mark] but * did n't reach its intraday low of 1.8435 marks until two hours later .
• [_ARG1 Third-quarter operating profit of the specialty-chemicals group] [_rel declined] [_ARGM-MNR slightly] to [_ARG4-to $ 24.3 million *U*] from [_ARG3-from $ 24.9 million *U*] .
• [_ARG1 Exports] [_rel declined] [_ARGM-TMP for the second month in a row] , [_ARGM-TMP while imports rose to a record] .
• Federal researchers said 0 [_ARG1 lung-cancer mortality rates for people under 45 years of age] have begun *-1 to [_rel decline] , [_ARGM-ADV particularly for white males] .
• [_ARG1 Sales] [_rel declined] [_ARGM-MNR slightly] to [_ARG4-to $ 5.17 billion *U*] .
• He expects [_ARG1 stocks] to [_rel decline] [_ARG2-EXT an additional 5 %] to [_ARG4-to 30 %] , [_ARGM-ADV with the Dow perhaps bottoming out between 2000 and 2100 `` between now and June] . ''
• Nicholas Parks , a New York money manager , expects [_ARG1 the market] to [_rel decline] [_ARG2-EXT about 15 %] .
• Companies with steady earnings growth could do well , she says 0 *T*-1 , while others with high debt or poor earnings could see [_ARG1 their shares] [_rel decline] [_ARG2-EXT far more than 10 %] .
• The combination of so many chains available for sale , the recent failures of such retailing LBO 's as Miller & Rhoads Inc. and [_rel declining] [_ARG1 investor] confidence will drive down prices , retailing observers said 0 *T*-1 .
• Shareholders have been steadily bailing out of several big junk funds the past several weeks as the $ 200 billion *U* market was jolted *-1 by a cash crunch at Campeau Corp. and steadily [_rel declining] [_ARG1 prices] .
• [_ARGM-DIS However] , [_ARGM-ADV * excluding the year-earlier charge for recall of steering gear] , [_ARG1 operating profit in the latest quarter] [_rel declined] [_ARG2-EXT 14 %] , [_ARGM-ADV * reflecting higher start-up and product development expenses in passenger-restraint systems] .
• But the AS\/400 , IBM 's highly successful minicomputer line , is losing its momentum , and some analysts said 0 [_ARG1 sales] [_ARGM-MOD could] [_ARGM-ADV even] [_rel decline] [_ARGM-TMP in the fourth quarter] .
• Taco Bell has turned around [_ARG1 declining] customer counts by * permanently lowering the price of its tacos .
• The proposed merger comes as [_ARG1 K mart 's profit] is [_rel declining] and sales at its core discount stores are rising more slowly than at such competitors as Wal-Mart Stores Inc .
• UAL tumbled $ 56.875 *U* to $ 222.875 *U* on volume of 2.3 million shares , and [_ARG1 AMR] [_rel declined] by [_ARG2-by $ 22.125 *U*] to [_ARG4-to $ 76.50 *U*] [_ARGM-TMP as 4.7 million shares changed hands] .
• [_ARG1 Revenues] [_rel declined] [_ARG2-EXT 1 %] to [_ARG4-to $ 4.17 billion *U*] from [_ARG3-from $ 4.19 billion *U*] .
• NCR said 0 [_ARG1 revenue] [_rel declined] [_ARGM-LOC both in the U.S. and overseas] , [_ARGM-ADV * reflecting a world-wide softening of the computer markets] .
• Tokyo stocks closed off a significant but less-than-alarming 1.8 % on thin volume ; [_ARG1 Hong Kong stocks] [_rel declined] [_ARG2-EXT 6.5 %] [_ARGM-LOC in orderly trading] .
• * Let 's not have one market shut down for 30 minutes [_ARGM-TMP when] [_ARG1 the Dow] [_rel declines] [_ARG2-EXT 100 points] *T*-1 and another shut down for an hour after a 250-point decline .
• [_ARGM-CAU As a result] , [_ARG1 high-yield mutual funds] have [_rel declined] [_ARGM-LOC across the board] and the many firms planning * to sell $ 11 billion *U* in junk bonds before year-end are experiencing anxious times .
• [_rel Declining] [_ARG1 issues] swamped advancers , 941-105 .
• But in New York yesterday , the Dow Jones Industrial Average surged 88.12 *-1 to close at 2657.38 on heavy volume of 416,290,000 shares , although [_rel declining] [_ARG1 issues] still outnumbered advancing ones on the broad market .
• [_ARG1 Major indexes] [_rel declined] [_ARG2-EXT more than 8 % in Australia and New Zealand and 6.5 % in Hong Kong] .
• Analysts cited memories of two years ago , when many small investors held on to their shares after the October crash but [_ARG1 the West German market] continued *-1 to [_rel decline] [_ARGM-MNR steeply] [_ARGM-TMP for the next three months] *T*-2 .
• A troubling sign : [_rel Declining] [_ARG1 stocks] on the Big Board outnumbered advancers , 975 to 749 , and the over-the-counter market that *T*-1 includes many smaller stocks suffered aftershocks of Friday 's late Big Board plunge .
• [_ARG1 Industrial production] is expected *-1 to have [_rel declined] [_ARG2-EXT 0.2 %] , according to a consensus of economists surveyed * by Dow Jones Capital Markets Report .
• [_ARGM-DIS But] [_ARGM-TMP when stocks began *-2 to climb instead *T*-1] , [_ARG1 prices of Treasury bonds] [_rel declined] .
• [_ARGM-TMP Until two years ago] , [_ARG1 sales of black-and-white film] had been [_rel declining] [_ARGM-MNR steadily] [_ARGM-TMP since the 1960s] .
• [_ARGM-TMP Back on Friday , Oct. 16 , l987] , [_ARG1 the stock market] [_rel declined] [_ARGM-TMP during the day] , and gold prices surged as the stock market fell .
• [_ARG1 The December contract] [_rel declined] [_ARG2-EXT 3.05 cents a pound] to [_ARG4-to $ 1.2745 *U*] .
• [_ARG1 London Metal Exchange copper inventories] [_ARGM-TMP last week] [_rel declined] [_ARG2-EXT 13,575 tons] , to [_ARG4-to 89,300 tons] .
• Technical considerations following the hurricane , which *T*-1 was a factor in the market Friday , caused [_ARG1 prices] to [_rel decline] [_ARGM-TMP yesterday] , said 0 *T*-2 Ernest Simon , cotton specialist for Prudential-Bache Securities , New York .
• Meanwhile , analysts said 0 Pfizer 's recent string of lackluster quarterly performances continued , as [_ARG1 earnings in the quarter] were expected *-1 to [_rel decline] by [_ARG2-by about 5 %] .
• Mr. Lichtblau said 0 Canada 's [_rel declining] [_ARG1 crude] output , combined with the fast-shrinking output of U.S. crude , will help *-1 intensify U.S. reliance on oil from overseas , particularly the Middle East .
• *-1 Not really insurance , this tactic was designed *-1 to soften the blow of [_rel declining] [_ARG1 stock] prices and generate an offsetting profit by *-2 selling waves of S&P futures contracts .
• On Thursday , William Fleckenstein , a Seattle money manager , used futures contracts in his personal account *-1 to place a bet that [_ARG1 the broad market averages] [_ARGM-MOD would] [_rel decline] .