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INTERNATI4 


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INTERNATIONAL 



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The World's Daily Newspap. 


PUBLISHED WITH THE NEW YORK TIMES AND THE WASHINGTON POST 


London, Thursday, September 11)1997 




No. 35.623 


Algerian Massacres: A Hidden Meaning? 


By Roger Cohen 

- Nnr York Tunes Service 

. Senes ,? f massacres on the outskirts of 

brought no government re- 
ra ^ Sed the Possibility that a sharp power 
struggle may have erupted within the &ecretrv£mil- 
oligarchy that governs Algeria. 
.rJvT^. 5111 ^ ^8 ena ’ s Islamic insurgency began in 
1992, there have been two schools in the military the 
eradicateurs. who are determined to eliminai the 
Islamic guerrillas through force of arras, and the 
dialoguisies. who have imerminently favored ne- 
gotiation. 

But seldom, if ever, have the tensions between 
them appeared so acute. Western diplomats and 
analysts said Wednesday. F 

Tlie undeclared war 'in Algeria has changed in 
recent weeks. The massacre of more than 100 people 


in the western suburb of Beni Messous over the 
weekend arid the killing on Aug. 29 of at least 98 
people in Sidi Rais, just south of Algiers, were acts of 
random slaughter carried out over several hours at 
the gates of the capital. 

TTie scale of the killing, the proximity to Algiers 
and the initial impunity with which the killers acted 
were new. even in a conflict that has already taken 
tens of thousands of lives since the army canceled an 
election late in 1991 that seemed certain to bring the 
Islamic Salvation Front to power. 

As a result, residents of Algiers said, fear and 
outright panic on a scale seldom seen have spread 
through the city. Self-defense groups armed with 
axes and guns have formed in several areas. The 
absence or any immediate response or explanation 
from die government of President Liamine Zeroual, a 
retired general, only heightened the tension. 

In Algiers, the U.S. ambassador. Ronald Neu- 


mann. met with President Zeroual on Wednesday 
and then made a statement that was unusual for its 
forthright support of the government. 

He said that die United States “hacks the military 
measures” for the protection of civilians and that 
they were “compatible with a state of law. " 

He also said th nt the Clinton administration “sup- 
ports the policy spelled out by President Zeroual” 
and encourages “national reconciliation'’ among 
those who “reject violence.” 

Also on Wednesday, the government said that it 
had begun a new onslaught against the Armed Is- 
lamic Group, the most hard-line of Algeria's in- 
surgency movements. 

The U.S. statement appeared designed to bolster 
the government at a time of great uncertainty. 

It followed a statement issued in London by a 

See ALGERIA, Page 10 


Albright, in Israel, 
Finds Hard Mood 

Netanyahu Stresses Security; 
She Urges an Israeli Gesture 




Deadly Mix 
9 In Diana’s 
Chauffeur 

Now, Fayed Lawyer 
Concedes: He Should 
Never Have Driven 


, By Anne Sward son 

VKa/HHgftvi post Sen -ice 

PARIS — Henri Paul’s system con- 
tained a deadly mix of alcohol and drugs 
when the Mercedes he was driving 
slammed into a concrete pillar in a tun- 
. nel here Aug. 31. killing Diana, Princess 

• of Wales, Dodi al Fayed and Mr. Paul, 

* the Paris prosecutor’s office said 
Wednesday. 

One drug was the anti-depressant 
Prozac. The other is most commonly 
prescribed for alcoholics, French med- 
icalexperts said. The combination of the 
two with alcohol would enhance a feel- 
ing of euphoria wlide redurinfr physical 
, reaction tiroe'and impairing vision, ac- 
: coding to experts. 

After the prosecutor’s statement, a 

Britain plans an inquest. Page 10. 

lawyer for the al Fayed family went on 
French television and, in an abrupt re- 
versal of the family’s position, said that 
Mr, Paul should not have been driving. 

“Monsieur Paul should never have 
got behind the wheel,” the lawyer. 
Bernard Dartevelle, told France 3 tele- 
vision. “He was without doubt the only 
one who knew his own condition. If his 
condition had been known, perhaps de- 
spite the haste in which all that 
happened, he could have been preven- 

f ted from leaving.” 

Previously the a! Fayed family, 
through its lawyers, had sought to focus 
blame for the crash on the role of pho- 
tographers pursuing the car. 

The office of the Paris prosecutor, in 
only its second formal communication 
since the fatal crash, said a third analysis 
of the blood of Mr. Paul, assistant se- 
curity director for the Hotel Ritz, had 
determined his blood-alcohol level to be 
1.75 grams per liter, or more than three 
times the legal limit of 0.5 grams per 
liter. The result was consistent with two 
earlier tests conducted by the author- 
ities; Mr. Paul's family had requested 
the additional analysis. 

The prosecutor’s office said Mr. 
Paul’s system contained a “therapeut- 
ic” dose of fluoxetine, the active in- 

f gradient in Prozac, and traces of 
tiapride, a drug prescribed to alleviate 
aggression and nervous tension. It is 
most commonly prescribed for recov- 
ering alcoholics but should never be 
taken in combination with alcohol, doc- 
tors said. 

• Someone under the influence of those 

two drugs and about nine drinks — a 
tough measure of what Mr. Paul must 
have had — would be bursting with 
euphoria and a feeling of invulnerab- 
ility, experts said. But al the same time, 
his reflexes and reaction time would be 
markedly slowed. And his vision would 
be impaired, particularly at night and 
while driving at high speeds. 

* ‘You could not do worse,’ * said Rene 
Salinger, a Paris neuropsychiatrisL 
‘ -There is no worse combination. 

Also Wednesday, a newspaper report 

said that Diana's last words, spoken to an 

|p emergency doctor amid the camera 
i flashes of the paparazzi surrounding me 
car, were; “Leave me alone.” Le Par- 
isien quoted the doctor as saying Diana s 

See DIANA, Page 10 

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•?<'. 

L V - % 



By Thomas W. Lippman 

Washinfjh'ii Post Sen ice 

JERUSALEM — The wide differ- 
ences between the Clinton administra- 
tion and the Israeli government over 
how to salvage the Israeli- Palestinian 
peace agreement were on full display 
Wednesday as Secretary of State 
Madeleine Albright and Prime Minister 
Benjamin Netanyahu held a joint news 
conference. 

Mr. Netanyahu said an all-out com- 
mitment by the Palestinian leader. Yas- 
ser Arafat, to put an end to terrorism 
must precede further steps by Israel to 
implement die Oslo peace accords. 

Mrs. Albright said she agreed that 
terrorism musr stop and that Mr. Arafat 
had not done enough, but she said that 
Israel must do its part through economic 
and political gestures to the Palestinians 
that give them a sense that peace is 
worth attaining. 

“Real security depends ultimately on 
real peace,” Mrs. Albright told report- 
ers on the sunny terrace outside Mr. 
Netanyahu’s office. 

“Achieving this peace aims funda- 
mentally on a political process which 
meets, through a genuine process of 
give and take, the needs of both sides. 
Clearly, Israel also has a responsibility 
to shape an environment that will give 
that process a chance to succeed." 

Asked if he was prepared to respond 


favorably to Mrs. Albright by going 
ahead with further Israeli troop with- 
drawals from the occupied West Bank or 
other gestures. Mr. Netanyahu replied: 

"We can talk, and you can ask me 
more questions of this nature. 3nd 
they’ll be largely Irrelevant if we don't 
stop terrorism.” 

Officials of both Israel and the United 
States said the positions that Mrs. Al- 
bright and Mr. Netanyahu took in their 
meeting were largely reflected in their 
public remarks: 

Mr. Netanyahu stressed the campaign 
against ten-orism as the essential pre- 
cedent for all other steps, and Mrs. Al- 
bright said the struggle against terrorism 
can succeed in the end only if the Pal- 
estinians are convinced there is 
something in it for them. 

The rwo also differed, in public and 
private, over the current value of the 
Oslo peace agreements, which provided 
for specific steps over time by both sides 
leading to increasing cooperation and 
economic ties. 

Mr. Netanyahu has effectively re- 
pudiated Oslo by halting troop with- 
drawals and holding up tax revenue 
;. .■ asters to the Palestinians. 

Mrs. Albright restated the U.S. po- 
sition. which is that accelerated “per- 
manent status" talks on existential is- 
sues such as the fate of Jerusalem should 

See ISRAEL, Page 10 




Mm Mome/Tht Aamcutol Fhr»i 

Thousands of mourners waiting Wednesday to pay their respects to Mother Teresa as she lay in state m 
St. Thomas Church in Calcutta. The Indian Army will escort Mother Teresa to her grave on Sa tor day. 

Preparing Adieu to ‘Mother of People’ 

Missionaries of Charily Get Waiver of Law Over Teresa ’s Burial 

Bv Barbara Crossette authoritatively. "™i Blephone numjgr does not Mist." 

« v Tr a . Above all, Indian government officials at state and 

™ — — — f — national level — not to mention the usually efficient army 

CALCUTTA — Three days before the funeral of Mother — are finding that there is another formidable center of 
Teresa, the Indian government is discovering that it may be power in this town: the Missionaries of Charity. The 
a lot easier to say farewell to a president or prime minister Mother's sisters got organized early and continue to present 
than to buiy a potential saint. Calcutta city, the state of West Bengal and the federal 

Almost anything that can unravel is unraveling here, government in New Delhi with unanimous decisions that 
Monsoon rains float away the hastily applied pothole only they are entitled to be flexible about, 
fillings. Walls and fences along the funeral route gel half- The Missionaries of Charity — under their new mother 
painted before supplies run out superior. Sister Nirmala, who was bom a Hindu Brahmin — 

Hotels are overbooked, and flights to a city with scant managed to get a waiver of the law that burials can take 
international connections are delayed. place only in designated cemeteries in order to lay to rest 

India’s notorious telephone system is predictably col- their founding Mother in the compound of her beadquar- 
lapsing, aided by an inexplicable recent decision to change ters, down the stairs and across the courtyard from her 
many prefix numbers just after the last city directory simple bedroom. Some of the sisters have told local news- 
appeared. The most common recorded message in Calcutta 
these days carries the voice of a young lady who says 


Notables Seek Solution 
To East Timor Rebellion 


Letter Asks Suharto’s Aid in Ending Conflict 

aA-w -ro- 


See CALCUTTA, Page 10 


By Michael Richardson 

Iniemahonal Herald Tribune 

SINGAPORE — In an effort to 
hasten an end to one of Asia’s longest 
running rebellions, a group of Nobel 
laureates and other prominent figures 
recently signed a letter to President 
Suharto of Indonesia appealing for his 
“fullest support” for new moves to try 
to resolve the conflict in East Timor. 

But speaking in Jakarta on Wednes- 
day, Indonesia's foreign minister, Ali 
Alatas, appeared to rule out a key part of 
a proposed compromise — special au- 
tonomous status for East Timor. 

He indicated, however, that greater 
autonomy within Indonesia could be 
considered in a comprehensive settle- 
ment, along with the release of a jailed 
rebel leader, Jose Xanana Gusmao. 

Analysts said that Mr. Alatas ’s com- 
ments suggested there was sufficient 
flexibility on the Indonesian side for 
negotiations to move forward. 

The letter to Mr. Suharto, a copy of 
which was made available ro the In- 
ternational Herald Tribune, is the latest 
step in what some observers say may be 
the most promising diplomatic initiative 


in more than 20 years to settle the status 
of the former Portuguese colony, in- 
vaded by Indonesia in 1975 and an- 
nexed in 1976. 

The letter is intended by its signat- 
ories to add weight to attempts by the 
UN secretary-general, Kofi Annan, sup- 
ported by President Nelson Mandela of 
South Africa, to find a “just, compre- 
hensive and internationally acceptable 
solution” to the problem. 

Those signing the open letter to Mr. 
Suharto — including former presidents 
of four nations, Richard von Weiz- 
saecker of Germany, F.W. De Klerk of 
South Africa, Oscar Arias Sanchez of 
Costa Rica, and Patricio AyJwin Azocar 
of Chile — said that international crit- 
icism of Indonesia over East Timor 
‘ 'has had a negative impact on its ability 
to play a more visible and active role” id 
world affairs. 

“We understand how painful it must 
be for a proud country to experience so 
much criticism,” the letter to Mr. 
Suharto said. “Therefore, your central 
contribution to the well overdue ending 
of the East Timor problem would be 

See TIMOR. Page 10 


AOENPA 

U.S. ‘Disturbed’ by Report of Iran Missiles 


WASHINGTON (Reuters) — The 
United States on Wednesday expressed 
serious concern about reports that Rus- 
sia and China were helping Iran build 
long-range nuclear missiles. 

The State Department deputy 
spokesman, James Foley, said that 
while Russia had given assurances that 
no such cooperation was goin g on . me 
United States “remains disturbed by 
discrepancies between these assur- 
ances and reports of Russian firms co- 
operating with Iran.” 

The United States has found no ev- 
idence that Beijing has violated a 1 994 


co mmitm ent not to transfer long-range 
missiles or their components to Tehran, 
Mr. Foley said. Bui be asserted that this 
does not mean that U.S. concerns about 
China's dealings with Iran have been 
allayed. He said Washington condones 
to closely monitor the situation. 

Mr. Foley was reacting to a Wash- 
ington Times report that Russia and 
C hina are working closely with Iran in 
building long-range nuclear missiles 
tha t could be fielded within three years. 
The report said the two missile systems 
would have a range up to 1,200 miles 
(1,900 kilometers). 


The Dollar 


New York VHHdnasdtty Q 4 P.M. pmvVxn dose 

PM 1.7986 1.8744 

Pound 1.5855 1.5895 

Yen 119.135 119.15 

FF 6.052 6.098 


Wedrwstiay does 

7719.28 


previous dose 


Wednesday 0 4 P.M previous dose 
91903 933.63 


BEGGING AMNESTY — One of 
five former South African police 
officers, right, who tortured Steve 
Biko recounting slaying- Page 6. 



To Our Readers 

Because of technical problems at our 
Paris offices, the content of Page 14 — 
business and financial news and tables 
— was missing from some copies of 
Wednesday’s paper. We regret the in- 
convenience and apologize for it. 


Mikr Hul>hinp/KrD|iY» 


PACE TWO 

Unrepentant Men Who Stalked Diana 

ASIA/PACIFIC 

Visiting Tung Takes 

Page 4. 

On US. Congress 

Books 

Page 4. 

Page 11. 


Pages 8-9. 


Paces 20-21. 

| The IHT on-line 

VAvw.iht.com § 





Reconciliation Hits Home in Vietnam 


% 



AudySofamm/Hniicni 


on Wednesday- 


By Andy Solomon 

Washington Post Service 

AN DOAL, Vietnam —The last tune 
Douglas (Pete) Peterson dropped in on 
the small northern Vietnamese village 
of An Doai, he was taken down from a 
mango tree and marched off at gunpoint. 
He then spent the next six and a half 
years locked up as a prisoner of war. 

This time it was different. On 
Wednesday, '31 years to the day after 
that fateful night in September 1966, 
Mr. Peterson — now American am- 
bassador and the United States' first top 
emissary to be based in Vietnam since 
the fall of Saigon — was welcomed with 
open arms. 

As oxen and buffalo carts slowly 
plodded by, crowds of ragged young 
children and peasant fanners watted for 
hoars in the beat of the morning sun for 


him to arrive. An Doai, a typical Red 
River Delta rice fanning village, has 
changed little over the last three de- 
cades. The people here are poor but 
there is electricity, some homes have 
television, and a few have telephones. 

Those old enough to remember chat- 
ted in low tones about the night back in 
the dark days at the height of American 
bombing against North Vietnam when 
the big American was here. 

On Wednesday, in a crowded meet- 
ing room upstairs in a shabby concrete 
building, Mr. Peterson sat in the shadow 
of a plaster bust of Vietnam’s late pres- 
ident, Ho Chi Minh. “Irerum here not to 
relive wbat was probably the most un- 
happy day of my life, but to signify to 
the entire world that reconciliation is not 
only possible but absolutely the way to 
reach out,” he told his hosts. 

As photographers, cameramen and 


reporters crowded around. Mr, Peterson 
was offered watermelon and a glass of 
mineral water. He recounted the story 
that on the night of his capture, despite a 
terrible thirst, he refused the water 
offered him, convinced it was 
poisoned. 

On that September night back in 1966, 
Mr. Peterson was an air force captain 
flying his 67tfa combat mission, and his 
target was near the Northern port of 
Haiphong. An anti-aircraft missile hit the 
tail of his plane, and as the fighter- 
bomber crashed to earth, Mr. Peterson 
parachuted out, landing in the An Doai 
mango tree and becoming die 66th Amer- 
ican serviceman captured by the North. 

The local militia was alerted and 
three men were dispatched to find the 
pilot. Two of those men, Nguyen Viet 

See ENVOY, Page 10 





INTERNATIONAL her ald TRIBUNE, THURSDAY, SEPTEMBER 11, 1997 

'PAGE TWO 


Years of Relentless Stalking/ Stubbornly Unapologetk 

Paparazzi Recount Their Pursuit of Diana 


By Sarah Lyall and Robin Pogrebin 

New YoHt Tima Service 

nwnnw The mnarazzi who made their 


'JW-. t. 


L ONDON — The paparazzi woo maucmeu 
living from the endless pursuit of Diana, 
Princess of Wales, called it being 
looned’ ’ — the moment when Diana would 
lose her cool and flail wildly at the photographers 
she often accused of making her ufe a misery. 

To Marie Saunders and Glenn Harvey, among the 
hardest of the hard-core Diana paparazzi, such 
incidents, which took place with increasing reg- 
ularity and vehemence in the last years of her life, 
were sure signs that “The Loon,” as they not-so- 
affectionately called Diana, was at best fragile and 
at worst unstable. 

But Mr. Harvey and Mr. Saunders, who pub- 
lished a book last year called 4 ‘Dicing With Di,” are 
so stubbornly unapologetic in their description of 
life among the Diana-following paparazzi that it is 
hard to imagine any target who would not have 
cracked under the pressure. 

In an interview this week, Mr. Harvey recounted 
how he and his colleague followed Diana relentlessly 
for years, taking pictures of her at the gym, on the 
street, on vacation, with boyfriends, with her sons, 
with her former husband, leaving restaurants, de- 



ni creasing desire not to play along made the 
paparazzi furious with Diana, it also increased their 
detemiination to get the picture at any cost 
In “Dicing With Di, ’ the two photographers 


Mexican Politics Enter 
Era of Give-and-Take 

Opposition in Congress Gnlls Top OffmtA 




.,// T<- 


partment stores and appointments with therapists. 

Since the death or Diana, the' work of pho- 
tographers like Mr. Harvey has come under scrutiny 
as never before, as has the photographic food chain, 
which begins with stalking the celebrity quarry and 
ends with the publication of photos in glossy 
magazines and tabloid newspapers. 

Few people these days are willing to admit they 
are paparazzi, and there are calls in Britain to better 
protect people's privacy from the intrusion of pho- 
tographers. But editors and photographers alike say 
the revulsion against their craft will pass when the 
furor over Diana's death dissipates. The public's 
appetite for such pictures, they insist, is voracioos. 

“There will be a change for a little while in the 
newspapers,” said Christine Comtek, features ed- 
itor at Alpha, a London-based photographic agency. 
“It will die down for a little while, but the papar azzi 
photographs will come back." 

In the hindsight afforded by Diana’s death in a car 
accident in Paris last month, the book by Mr. 
Harvey and Mr. Saunders seems like a prescient 
nightmare. As the pair describe the princess’s in- 
creasingly desperate behavior — and occasional 
reckless driving in her efforts to elude photograph- 
era — it is difficult to escape the impression that she 
and the paparazzi were courting disaster, even while 
the relationship had clear benefits for both sides. 

Mr. Saunders and Mr. Harvey described how 
their entire professional life had revolved around 
photographing the Princess of Wales, day after day, 
no matter what she did or what she said. With words 
that evoke the brutal language of sexual assanlr. 
they use “doing Di,” to mean “taking pictures of 
Diana” — “to bang," "to blitz,” “to hose.” “to 
rip,’ ' "to smudge’ ’ and “to whack” are all ways of 
saying “to take pictures rapidly.” 

A paparazzo’s job requires luck, a hide like a 
rhinoceros, and endless amounts of patience for 
standing around, hoping for something to happen. 

"You wait for days and weeks, sometimes, for 
one picture,' ' Mr. Harvey said in the interview. 4 ‘A 
couple of months can go by without a really great 
photo.” 

In Diana’s case, the paparazzi often began the day 
outside her apartment at Kensington Palace. When 
she went to herfavorite gym, the Harbour Club, they 
set up their equipment outside, taking pictures from 
ladders propped over the club walk or shooting from 



described hiding out in trees, bushes and phone 
booths, among other places. 

Diana's protestations were often histrionics for 
the benefit of sympathetic passers-by, Mr. Saunders 
argued in the book, insisting that the princess had no 
right to expect privacy when the public had such an 
appetite for pictures of her. 

"Since she had announced her withdrawal from 
public life, interest in her had been extremely high 
all over the world and the demand for pictures, 
especially among the foreign press, had never been 
greater,” he wrote. "It was therefore extremely 
naive of Diana to think she could just walk down the 
street without anybody taking any notice, especially 
wife such a photographic price on her head.” 

While she seemed to make a distinction between 
the paparazzi who plagued her and other members 
of fee news media, hex relationship with the 
paparazzi was not without its complications. Some- 
times she posed happily and deliberately; at other 
times, she held hex hand over her face, burst into 
tears or angrily confronted fee photographers. 

"It just depended what mood she was in at that 
moment,” Mr. Harvey said. “From what I saw of 


By Julia Preston 

,Vn- YorL Tunes Service 


her, she could change from one mood to another in 
a split second. She liked to control the media, really, 
and especially to control what everyone thought of 
her.” 

When she was angry, he said, she was blindly, 
desperately angry. 

Once, Mr. Harvey tracked Diana and her two 
sons down to a movie theater in a busy square, 
where they had just seen “Jurassic Park.” 

“A flash of black shot across my view,” he 
recounted in 44 Dicing With Di.” “It was Diana, but 
this was a Diana I had never seen before. It was her 
face, but it was now red and twisted. She was racing 
towards us through the crowds. Her eyes were fixed 
on us and then she let out a scream like a wild 
animal ” She confronted Mr. Harvey, he wrote, 
yelling repeatedly, “You make my life helL” 



t*j|- ii 1 !'"* 


P HOTOGRAPHS OF Diana could command 
huge fees — the pictures of her embracing 
Dodi al Fayed, her last boyfriend, re- 
portedly earned the photographer who took 
them more than $3.2 million worldwide - — and 
were a constant source of interest to fee editors of 
British tabloids, who are desperate to use exclusive 
pictures ahead of the competition. 

But Mr. Harvey said feat many of his shots did 
not earn more than a couple of hundred dollars, 
leaving Ms annual income hovering at around 
$40,000. in part because he generally must pay his 
own, often considerable, expenses. 

At fee time of Diana’s death, fee market was so 
flooded wife photographs of fee princess that none 
by itself was particularly important, said Phil 
B unton, editor in chief of The Star, fee American 
supermarket tabloid 

Pictures of her were so easy to come by. he said in 
an interview, that fee magazine had managed to 
splash her photograph on its cover, some 75 times, 
usually without resorting to a bidding war." 

Mr. Harvey’s and Mr. Saunders’s book was to be 
withdrawn after the princess’s death, according to 
its publisher. Blake Publishing. 

But fee managing director, John Blake, said feat 
the company was "taking the longer view” in the 
face of more than 20,000 orders, especially from fee 
United Stales, and thought the book should remain 
on sale. 


UnrwroJ Pimrirnl Km 


The paparazzi's entire professional life 
revolved around photographing Diana, 
day after day , no matter what she did. 


an apartment in fee housing project across fee street, 
paying fee occupants about $80 for fee privilege. 
So insatiable was fee demand for photos feat if a 


paparazzo heard on good authority that Diana was 
on her way to, say. New York,. he would board the 
next plane and try to track her down once he arrived; 
for that reason. Mr. Harvey carried his passport at 
all times. In this way. he and his colleague spent 
nearly every vacation of her adult life with Diana — 
whether she was skiing in Switzerland, sunbathing 
in Barbados or trying to pass a peaceful weekend at 
a hotel in Spain wife friends. 

The next hurdle for fee paparazzo is to take the 
photograph itself, a challenging task when the sub- 
ject doesn't want to cooperate. But although her 


MEXICO CITY — Mexico, in its 
first weeks under a newly pluralistic 
political system, has abandoned several 
authoritarian traditions, as the president 
removed the leader of his party without 
naming a new one and the opposition 
dressed down the interior minister in the 
halls of Congress. 

The governing Institutional Revolu- 
tionary Party announced Tuesday that 
its president, Humberto Roque Vil- 
lanueva, would step down to become 
chief executive' of a state-owned in- 
surance company. 

Mr. Roque's resignation had been 
expected since fee party lost its majority 
in the lower house of Congress for the 
first time in seven decades in national 
elections July 6. 

In addition, party officials said, Mr. 
Roque feQ out of favor wife President 
Ernesto Zedillo after the party leader 
made statements on election night be- 
littling the opposition’s gains while Mr. 
Zedillo was praising fee vote as a major 
advance for democracy in Mexico. 

Mr. Zedillo, according to a member 
of his staff, then declined to exercise his 
righi to select the new party leader and 
instead bad Mr. Roque removed in a 
way that would force die party to come 
up with a voting procedure for choosing 
a new chief. 

Within hours of the announcement of 
Mr. Roque's resignation, top politicians 
of fee government's party began to cam- 
paign before the press in public jock- 
eying rarely seen in a party that con- 
ducted most of izs business behind 
closed doors. 

[A likely successor emerged late 
Tuesday after several leaders in the gov- 
erning party threw their support behind 
Mariano Palacios Alcocer, a little- 
known former state governor and fed- 
eral deputy, Reuters reported. Party' of- 
ficials said a formal vote for a new 
leader would take place Thursday.] 

Meanwhile, the formerly all-power- 


ful interior minister, Emilio Ghnayffer 
Cbemor, went before an open session 
the lower house of Congress to defend 
his performance. _ ■ '* 

Opposition lawmakers called brand©, 
ceitful, and 20 of them, including sev- 
eral high-ranking members of oppose " 
tion parties, sent a letter to Mr. Zedillo " 
saying they (fid not mist fee minister 1 
enough to work with him. They accused 
him of orchestrating an effort to delay. . , 
the opening of Congress and called fee jfe 
maneuver a power play. T-i 


maneuver a power play. ?- ! 

■ Support for Zapatista Caravan 

A convoy of Zapatista rebels received 
an emotional welcome when it rolled 
into Juchitan, a city near Mexico’s Pa- 
cific coast with a large Indian 
nlation, and called for unity among. 
Mexico’s indigenous peoples, Tbe As- 
sociated Press reported 

More than 5,000 supporters and on- 
lookers gathered Tuesday to greet fee 
convoy, which is headed for a Zapatista 
gathering in Mexico City to promote the 
leftist movement’s campaign for Indian 
rights. 

"What we have to do is see who are 
our enemies and be tough wife them,” 
a rebel leader known only as Hugo 
said in a speech in Juchitan’s central, 
plaza. 



mu ■ a.. 

Red, white and green lights shone in # 
the tree-studded square over banners* I 


calling for fee departure of thousands of 
federal soldiers from the southern state' 


federal soldiers from the southern state' 
of Chiap as, the renewal of stalled peace 
talks between the government and fee 
rebels and the implementation of a par-: 
dal peace accord fee government signed 
wife them last year. 

Juchitan was fee first sum in a four- 
day journey to fee capital by 1,1 Li ■' 
representatives of villages that support.' - 
that Zapatista National Libexatipn 
Army in Chiapas. ' • 

The Zapatistas hope their caravan! 



will put them back in fee national spot- 
light they obtained after their brief up- 
rising in January 1994. in which about 
145 people were killed. 



A $10 Million War Recovery 

C/.S. Accuses Japanese Man of Trying to Sell Drawings 


J/wir* i : 

t To.fr: 


By Benjamin Weiser 

.Vrt* York Times Sentce 


Gingrich and Lott Support Curbs 
On Foreign Religious Persecution 


TRAVEL UPDATE Espy Pleads Not GuiIty 


NEW YORK — Federal prosecutors 
said they had recovered more than $10 
milli on worth of valuable drawings, in- 
cluding works by Rembrandt and Al- 
brecht Durcr, that were pan of the col- 
lection looted from fee Bremen Museum 
in Germany at fee end of World War O 
and later stolen from fee National Mu- 
seum of Baku in Azerbaijan. 

They said customs agents had seized 
some of the artwork from a Japanese 
man in a Manhattan hotel room. Pros- 
ecutors said fee man had told German 
officials feat he was seriously ill and 


Reuters 

WASHINGTON — The Republican 
leaders of the House of Representatives 
and fee Senate vowed Wednesday to 
step up U.S. government efforts to com- 


Lama, and Tsutrim Dolma, a 28-year- 
old former. Tibetan nun who says she 
was raped by Chinese policemen in her 
homeland. 

The Senate majority leader, Trent 


Pollution in Athens 
Near Danger Level 


The Associated Press 

WASHINGTON — Former Agricul- 


needed to sell 12 drawings to nay fora 
kidney transplant. They said he had 


ture Secretary Mike Espy pleaded not 
guilty Wednesday to charges that be 


bat religious persecution wherever it Lott of Mississippi, who also attended 


may occur. 

m comments that could foreshadow 
friction wife such alleged offender 
countries as China. Saudi Arabia and 
Pakistan, fee leaders said fear fee figbt 
against religious intolerance was a core 
U.S. value. 


fee session, said Congress would take up 
legislation aimed at protecting religions 
freedom worldwide "and we're going to 
do it this year.” 

On Tuesday, fee Clinton administra- 
tion voiced stroog opposition to a pro- 
posed "Freedom from Religious Per- 


4 ‘This is one of die top priorities of secution Act” that is moving swiftly 
this Republican Congress ,” the House through fee House and fee Senate. 


ATHENS ( AP) — Unseasonably high 
temperatures and traffic congestion fol- 
lowing fee return of thousands of Atheni- 
ans after summer vacations pushed air 
pollution to alarm levels Wednesday. 

Nitrogen dioxide hovered near the 
danger level in parts of central Athens, 
fee Environment Ministry said, while 
afternoon temperatures exceeded 30 de- 
grees centigrade (86 degrees Fahren- 
heit). 


guilty Wednesday to charges that be 
accepted and tried to hide more than 
$35,000 worth of sports tickets, travel 
and other gifts from agribusinesses. Mr. 
Espy, who resigned from President Bill 
Clinton's cabinet in 1994. entered the 
plea during a brief hearing before Judge 
Ricardo Urbina of U.S. District Court- 


kidney transplant They said he had 
sought $6 million for the drawings. 

The U.S. attorney’s office on Tues- 
day charged fee man, Masatsugu Koga. 
60, wife possession and sale of stolen 
artwork. At a hearing in Manhattan fed- 
eral court, he was released on bail 
pending another hearing next week. 

An assistant U.S. attorney, Maxine 
Pfeffer, told a federal magistrate feat fee 
drawings included "very valuable and 


long-lost” art. including one Duier* 
tided "Women Bathing.” valued at $6. 
million. She also referred to a Rem-, 
brandt valued at about $2cmillion. . . r 

Federal authorities, quoting Bremen 1 
Museum officials, said in court papers 
that some of fee recovered drawings 
were among thousands of works that fee; 
museum moved for safety to a castle 
elsewhere in Germany in 1943 and that 
were eventually lost after the Soviet 
Army took over the castle toward the 
end of World War H. 

German authorities sought to recover 
the 12 drawings after learning they were 
being shown in 1993 in the National; 
Museum of Baku, according to the court 
papers. 

According to court documents, Mr. 
Koga told German museum officials 


that he had purchased the 12 drawings in 
Baku and that he knew they had been 
stolen from the Baku Museum. 

He said through a translator that hq 
had been "deceived cruelly'’ by of- 
ficials in Germany and that he had only 
been trying to return fee missing art- 
work to Bremen as "an act of kindness 
and cooperation." 


WEATHER 


— \ N 

— .... fifj'li -v 

Hist » ^ 


Europe 


iker. Newt Gingrich, Republican of 
rg^a, said after meeting spiritual 


The bills, sponsored by two Repub- 
licans, Representative Frank Won of 


leaders pushing a bill that would shut off Virginia and Senator Arlen Specter of 
all bat humanitarian foreign aid to of- Pennsylvania, would do more harm than 


all bat humanitarian foreign aid to of- 
fending countries. 

Among those who met in Mr. Gin- 
grich’s office were Don Hodel, pres- 
ident of the Christian Coalition, a grass- 


Pennsylvania, would do more harm than 
good by fueling extremists, said John 
Shattuck, the assistant secretary of state 
for human rights. Also, fee measure 
could hurt "vital bilateral relations wife 


Rail traffic between Hannover and 
Berlin was disrupted for several hours 
Wednesday after a freight train derailed 
and damaged a crossing between Han- 
nover and Braunschweig, the police 
said. No one was injured. (AFP) 


Today 

High LoarW 
CIF OF 
ZT/BO 174)2 a 


Forecast for Friday through Sunday, as provided by AccuWeather. 


*01 Low W 
Of CIF 
24779 intpc 


sam ij/B6 pc 20/00 n/spe 
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roots conservative movement; Lodi key allies and regional powers,” he told 
Gyari, a special envoy of the Dalai a House committee. 


Taxi drivers tied up traffic in Rome 
and on fee Bologna- Florence highway 
Wednesday to protest government plans 
to create new city bus services (AP) 


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Como M Sol 29/84 17*2 pc 27*0 i«04 s 

CUrfn 10/81 1(750 Ml 11/52 307 pc 

EdrtM^i 17*82 12*3 sh 14*7 337 pc 

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A Orsn. 




Mnuty 

Bal. 

Bangkok 

Boing 

Bombay 

Catatia 

Chong Mai 

Cakrto 


Today 

Mgh IcmW 
OF OF 
27/80 11/52 a 
29784 20/fl8s 


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OF CIF 
24779 14757 a 
29/84 21770 pc 




32/89 23773 ah 32/09 25777 pc 
2V77 17/82 I 28779 14*7 r 


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ICoU 


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Correction 


Patsr G. Catianls 

FomtPutuns 

SpadaOst 


SUPERIOR Selection of Managed Accounts 

OUTSTANDING Global Curraocy Analysis 
EXCEPTIONAL Execution Forax or Futures 
MINIMUM S 510,000 to *5,000,000 (USD) 

COMMISSION 2-5 FX Spreads Futures SI 2-53G 


Australia 1000125944 
CotombU 980120837 
France 0800902248 
BangKang 800887209 
Japan 0031128808 


Belgium 080015800 Brazil 0008110215513 
Denmark 8001 B1 32 Finland 08001110084 
Greece 0800110213013 Germany 0130829086 
Israel 1771000102 Itidj 167875928 
Korea 0038110243 Uaemboiug 08004552 


Mexico 958008784178 fllrtfariie*0602206S7 fL Zealand 0800441880 

Portugal 050112832 Engapom 8001202501 0800896337 

Spain 900931007 Sweden 020793158 SUiaerimut 0800807233 

BajW 00180811971 8613 HSd 8008945757 UK 0800988632 


Wa McD/po ft a In Inl9n 8 mt — fihar j 
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An article in the Sept. 2 
issue incorrectly stated that 
Sweden was among the pro- 
ducers of anti-personnel land 
mines. 


Her ism 21770 1956 a 

Los Pldma -2W82 23773pc 25182 22771 pc 

Ueban 25779 16751 c 2177 17/82 pc 

London 22771 13/56 pc 1M4 043 pc 
I40CW 35/95 18/51 pc 30788 15759 pc 

MaJkNoi 29ns 2092 l«04s 

**■> 28779 14TB7 a 27/80 17/82 a 


North America Europe Asia kwJSGi 

Sunshine and dry weather Rany and cool weather win Typhoon Oliwa may head Mlmto 
win return to rhe Pacific dominate across much oi toward southern Jaoan N ™ D * w 
Northwest this weekend. Scandinavia Friday Saturday or Sunday: other- S"?*" P * 
Hoi and dry weather will through Sunday. A few wise, very warm and humid 


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Hong Kong 2984 £4776 pc 29fB4 24775 pc I 

I Uambad 38/102 22777 j 38/TOO 22771 l 

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at Y i" r OJfln Sunday, a rew wise, very warm and humid aZZLn 

cortirue across the South- showers are iftety in Lon- in Seoul and Tokyo with s£25^ 
*** *■■ D f m ,5 a " d ' B,n V ^ Pa* Friday, then clouds, sun end me Storm* 
weother in the Northeast drier and cooler on ihe chance ot a shower. It will smomm 
rriday win give way to weekend with some sun- 6e sunny, hoi and dry 
some sunshine on ihe shine Very warm across across much ot southwest- , r i* vo 
weeker KL Dry arid pleasant Spain and Raty. but a thun- ern China inis weekend. v ' at * no 
aaoss the mws dershower Is possibte over but soaking reus are nicely - 


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INTERNATIONAL HERALD TRIBUNE, THURSDAY, SEPTEMBER 11, 1997 

THE AMERICAS 


PAGE 3 




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Student Testing Falters on National Fault Lines 

By Peter Appiebome P arc ^ ow individual students and York Ciiy. have said they will use English and Spanish, ft would cost against the tests, saving they woi 

fou - fori Tintcy s,mr t < schools perform. the tests, but knottv do lineal issues $27 million to develop the tests. be used to stigmatize doot childi 




i .»• (•’ 


NEW YO RK — Even if it is 
approved by Congress, President 

tSwSlIoIY p I°P° scd national 
testing program of student achieve- 
ment is traversing so many political 
land mines in srates. cities and 
school districts that tnanv experts 
wonder whether it will’ ever be 
widely used. 

Congress is expected to vote this 
yeek °n spending bills that would 
bar the use of federal money for 
developing the national tests in 
fourth-grade reading and eighth- 
grade math urged by Mr. Clinton. 
^ e . . president is proposing 
- ^"wihing that has never been done 
in the nation's schools: a national 
test of student achievement that 
would allow parents and schools in 
Ohio, New York or Alaska to com- 


pare how individual students und 
schools perform. 

While much of the congressional 
debate has centered on the hroad 
issue of whether the tests represent 
an unwarranted federal intrusion in- 
to local schools, it is the details of 

the two tests that are drawing more 
heat: Should they be given in Span- 
ish and other languages as well as 
English? Should students who fait 
be held back a grade? Should cal- 
culators be allowed? 

The tests, scheduled to be given 
for the first time in March 1999, ore 
being criticized by minorities who 
think they will further stigmatize the 
poor; by conservatives who think 
they favor liberal pedagogy, and by 
ethnic groups who say they should 
be given in languages other than 
English. 

So far, 6 states and 15 major urb- 
an school districts, including New 


York City, have said they will use 
the tests, but knotty political issues 
have arisen in some cities. The Los 
Angeles school system, with its 
heavily immigrant population, has 
backed away from its commitment 
to the reading test because the test is 
being given only in English. 

“ft may not be possible to do 
national testing in America under 
government sponsorship,” said 
Chester Finn, a conservative edu- 
cation analyst who initially suppor- 
ted Mr. Clinton’s proposed test and 
now opposes it. ‘ ‘There may just be 
too many fault tines in our politics 
and our educational systems,” 

Mr. Clinton’s plan calls for 90- 
minute tests of fourth-grading read- 
ing and eighth-grade mathematics to 
be given on a voluntary basis be- 
ginning in March 1 999. The reading 
lest would be given only in English. 
TTie math test would be given in 


English and Spanish, ft would cost 
$27 million to develop the tests. 

Ad minis tering them “would cost 
about $10 to $12 for each of the 8 
million 9-year-olds and 13-y ear- 
olds who would lake the tests. Under 
the Clinton proposal, the federal 
government would pay costs in the 
first year; state or local districts 
would pay for it after that 

One major issue is language. 
Civil rights groups such as the Mex- 
i can- American Legal Defense and 
Educational Fund are opposing the 
reading test because.it will be given 
only in English. But some conser- 
vatives are furious Tb"t the math test 
will be given in Spanish; others 
wonder why it is not being trans- 
lated into other languages as well. 

At least as vo latile is the issue of 
how test results will be used. The 
Congressional Black Caucus and ma- 
jor civil rights groups have come out 


against the tests, saying they would 
^ 10 stigmatize poor children 

without adequate resources and 
would be abused for “high-stakes'* 
purposes like tracking minority stu- 
dents into low-status classes. 

Administration officials say there 
are numerous guidelines in place to 
guard against misuse, but even some 
supporters of the tests say that if they 
are widely used they are almost cer- 
tain to be used for far-reaching pur- 
poses like teacher evaluations or 
whether children should be pro- 1 
moled to the next grade. 

“I think that people who are ; 
nervous aboutthis test have a right to 
be concerned,” said Anthony j 
Camevale, vice president for public ■ 
leadership with the Educational I 
Testing Service, “because the test ^ 
will have consequences. The real I 
question is, are the consequences I 
progressive? And I think they are." 




emi 


POLITICAL NOTES 





-'■..is: 1 

tm hi vx. 


-*r 




11 fcmilc Umal-krr^TKr AfmculnT PttM 

The Reverend A1 Sharpton speaking m New York. He placed second in a mayoral primary, forcing a runoff. 


Insurance Firms Set 
To Abandon Clinton 

WASHINGTON — An out-of-court 
‘..financial settlement in Paula Corbin 
Jones’s sexual harassment lawsuit is in- 
•XTeasingly unlikely because die insur- 
'■■ ance companies that have paid President 
- Clinton’s bills are pulling out of the 
case, repnarfitatives of both sides say. 
r.. Two insurance companies have 
r borne the cost of Mr. Clinton’s defense 
. -because of indemnity policies he 
‘..bought years ago and would have fm- 
•'anced any settlement to Ms. Jones had 
'-the two sides agreed on one. Bat tech- 
* . nical changes in the case have prompted 
"one of the companies to withdraw, and 
the other is poised to back out soon. 

•- “If there is a final departure of in- 
surance money, obviously that makes a 
•..settlement almost impossible,” said. 
. Robert Bennett. Mr. Clinton’s chief 
attorney. “The president isn’t going to 
. .'.pay any money to Jones out of his own 
■pocket” 

•• The loss of insurance coverage 
. ^amounts to a costly blow to Mr. Clin- 


ton. Already saddled with more than 
$2.25 million in legal bills from the 
ongoing Whitewater investigation, be 
now faces (he prospect of at least an 
additional $1 million in expenses to 
Mr. Bennett’s firm over the next nine 
months for the harassment case. 

Until now. Mr. Clinton's $ 1 5 million 
in legal bills in the Jones case has been 
paid by State Farm Insurance Cos. and 
Pacific Indemnity, a unit of Chubb 
Group Insurance. (WP) 

A Runoff inNetc York 

NEW YORK — R urh Messinger has 
been forced into a runoff for the Demo- 
cratic mayoral nomination with the 
Reverend AJ Sharpton. as a low voter 
turnout in a three-way race, combined 
with a strong performance by Mr. 
Sharpton, dashed her hope for a ju- 
bilant primary night sendoff into the 
fall campaign. 

With all 5 .627 precincts reporting on 
Tuesday night, Ms. Messinger had 
155,913 votes, or 39 percent, to 
1 26,799 votes, or 32 percent, for Mr. 
Sharpton. The third major candidate in 


the race, Sal Alban ese, a councilman, 
bad 83.402 votes, or 21 percent. 

A candidate in a mayoral primary is 
required to win 40 percent of the vote to 
capture the nomination. The runoff, to 
be held Sept 23, will be the first Demo- 
cratic runoff since 1977, when Edward 
Koch defeated Mario Cuomo. 

Ms. Messinger’s aides attributed the 
result Tuesday night to the case of Abner 
Louiroa. the Haitian immigrant who 
prosecutors said wa& assaulted while in , 
police custody in Brooklyn on Aug. 9. 
Mr. Sharpton qputMy identified his 
campaign with the Louima case, and 
Ms. Messinger’s aides pointed to Mr. 
Sharpron ’s victory in Brooklyn as proof 
of the success of that strategy. (NIT) 

Quote! Unquote 

President Clinron, on the recent deal 
to balance the budget by 2002: “After 
years in which the two parties seemed 
often as tired and trapped as punch- 
drunk fighters in a ring getting smaller 
and smaller, finally we found a way for 
Democrats and Republicans to work to- 
gether for the national interest.” (NYT) 


-f ■ 


AMERICAN 

TOPICS 

»■. 1 * ' ~~ 

ffig h School Students as Volunteers? 

—A Graduation Ticket Few Can Refuse 

It sounds oxymoronic — enforced volunteerism — but 
the idea of requiring high school students to spend scores 
. of hours serving their communities before they are al- 
- lowed to graduate has been spreading. The state of 
Maryland has the most sweeping requirement. Srudents 
there must complete 75 hours of community service to 
graduate. The schools are fairly flexible: Students can 
; WO rk in soup kitchens, do errands for the elderly or 
disabled, tutor other students, even shelve books in a 

v ' ..public library or clean up school grounds. 

Other states and cities have imposed similar require- 
ments. In cases in New York and Pennsylvania, federal 
.judges have upheld the legality of doing so. Next year. 
•Chicago will phase in a community service requirement 
for its 95,000 high school students. . 

■' Concerns in Maryland, which helped pioneer the ap- 

■ ‘preach, that large numbers of students might fail to meet 
• the requirement have evaporated. This year, all bur seven 

* of 42 m) 0 seniors met the goal. 

"Short Takes 

■ A high-tech system that keeps track of whether 
..restaurant employees wash thor hands i after _usmg [th 
„ toilet is being tested at a casino m Atlantic City^ New 
Jersey. Twenty kitchen employees ar tiie Tropicam 
V- Casino and Resort are being 

'triggers an infrared sensor when they enter ^ jSSev 

: *A fLond sensor, at the soao ^se^is activated if *ey 
% /remain at the sink for at least 15 seconds. A red Ugn 

) -glows on the badge if an employee i^wdiat 

'■ to use soap. The system responds to srudies diatsho 

■ plans to file a complaint. 

1 romreess this autumn is likely to pass a manure 
imritingthe 50 ^tates to 

1 back of the 25 -cent piece, f$5 

that has occupied that space since 193 ^ 

• and'Tti.whenaRevduuonao would produce the 

; Mints in Denver {? | 0 years beginning in 

: 

: superstar Michael Joria nwouW doju snme^ 

^ Brian Knowlton 


Away From Politics 


• The head of the American 

Federation of Teachers, 
Sandra Feldman, said in a re- 
port Wednesday that schools 
often let students who are fail- 
ing advance a grade instead of 
working with them to im- 
prove their skills. She said it 
was a core reason why so 
many colleges and businesses 
are spending more rime giv- 
ing high school graduates re- 
medial training (WP) 

■ Sheila Widnall is resign- 
ing as secretary of the air 
force OcL 31 to remra to 
teaching at the Massachusetts 
Institute of Technology. (AP) 

• The Virginia Military In- 
stitute, just weeks after en- 


rolling its first coed class, has 
suspended a female cadet far 
a year for striking' a male stu- 
dent. The senior class pres- 
ident, Kevin Trujillo, said 
Angelica Garza “popped off 
a little attitude with an up- 
perclassman.” (AP) 

• Harvard University is cre- 
ating a chair in gender stud- 
ies to be occupied by Carol 
Gillie an, a Harvard professor 
noted for her work in how 
girls learn and for her explo- 
ration of women's psycholo- 
gical development. (NIT) 

• A roofer who raped a 15- 

year-old girl and killed her 
two brothers was executed by 
injection in Texas. (AP) 


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A Battle on Fraud 

Clinton Plan Would Give Police 
Wide Access to Medical Records 


By Robert Pear 

Nr* Vort Times Scrvic* 

WASHINGTON — Bow- 
ing to federal and state law- 
enforcement authorities. 
Clinton administration offi- 
cials will soon propose legis- 
lation that would allow police 
officers to gain broad access 
to patients’ medical records 
with few restrictions on the 
use or redisclosure of the in- 
formation. 

While law-enforcement 
authorities frequently nego- 
tiate access to such materials 
now. President Bill Clinton's 
administration is recom- 
mending that health-care pro- 
viders and those who pay for 
such care be explicitly “per- 
mitted co disclose health in- 
formation without patient au- 
thorization’ ’ when the 
records are sought by federal 
or state investigators. 

The proposal is significant 
because federal and state of- 
ficials have, in recent years, 
placed much higher priority 
on investigations of fraud in 
the trillion -dollar health-care 
industry. They sift through 
tens of thousands of patients' 
records while investigating 
suspected abuses by hosjpit- 
als, doctors, nursing homes, 
laboratories, health plans and 
suppliers of medical equip- 
ment. 

Investigations by the FBI 
alone of health-care fraud 
have tripled over the past five 
yean, to more than 2,200 in 
1996, as officials have cried to 
save tiie government money 
by cracking down on fraud. 

“We recommend that pro- 
viders and payers be permit- 
ted to rely on the statement of 
law-enforcement officials 1 
that an inquiry meets these , 
standards, the administra- 
tion says in a report drafted , 


for submission to Congress. 

Donna Shalala, secretary 
of health and human services, 
plans to announce the pro- 
posals at a congressional 
hearing Thursday. 

The administration will 
propose safeguards that limit 
access to medical records by 
employers, researchers, drug, 
manufacturers and direct- 
marketing companies, among 
others. It would establish civil 
and criminal penalties for 
misuse of the records. 

But law-enforcement 
agencies would be exempt 
from most of the standards. 
Under the administration's I 
proposal, it would be easier { 
for investigators to get access ! 
to medical records than to re- 
cords of banks, cable-televi- I 
sion operators, video-rental , 
stores or electronic mail, all I 
of which are protected by fed - 1 
eral privacy statutes. 


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PAGE 4 


piTERNATIONAL HERALD TRIBUNE, THURSDAY, S EPTEMBER 11, 1997 

ASIA /PACIFIC 


Hong Kong Chief Tests 
U.S. Mood on Changes 


immm 

'• v — ^ f |f 

v 



•By David E. Sanger 

New York Tunes Service 

WASHINGTON — In the first of a 
series of high-level visits over foe next 
two months between U.S. and Chinese 
leaders, the new chief executive of 
Hong Kong, Tung Chee-hwa, has 
sparred with members of Congress over 
human rights and declared that Hong 
.Kong would soon enjoy more democ- 
racy “than we ever bad in 156 years of 

colonial rule.” . . . 

The arrival of Mr. Tung, a shipping 
magnate chosen by Beijing to run Hong 
Kong, precedes by a month and a half a 
long-waited summit meeting here be- 
tween President Jiang Zemin of China 
. and President Bill Clinton. 

At times on Tuesday, it seemed as it 
Mr. Tung's visit was intended to vent 
some of the pent-up frustration with 
China’s human rights record in Con- 
gress before Mr. Jiang arrives. 

Marcos Decision 
Due in November 

Agence Francc-Presse 

MANILA — President Fidel 
Ramos said Wednesday that he 
would announce in November 
whether he would seek a second 
team, a move that bas drawn crit- 
icism from the Roman Catholic 
Church and would require a change 
in the constitution. i 

The Catholic Church, raising 


Mr. Tung clearly decided thatthe best 
defense was a good offense, favorably 
comparing his own proposal for elec- 
tions in Hong Kong — which has been 
widely criticized as aiding conservative 
business interests — to the former Brit- 
ish rule. 

But in a series of visits Tuesday, he 
skipped lightly over his decision to roll 
back the electoral reforms pushed 
through before the handover. 

The reforms paved the way for the 
opposition Democratic Party to win the 
largest share of seats in Hoag Kong's 
colonial legislature in tbe-1995 election. 

[Mr. Tung said Wednesday that Hong 
Kong was moving toward greater de- 
mocracy “in an orderly manna*, a man- 
ner we feel is in the best interests of 
Hong Kong,” Reuters reported. 

[“Universal suffrage is the ultimate 
aim/ * he said at a breakfast in a Senate 
caucus room.] 

Mr. Tung also lashed out at U.S. news 
coverage of the July 1 handover, ar- 
guing that it had been slanted to give 
viewers the impression that the Chinese 
Army was taking over the city. 

“On July 1, after showing die official 
ceremony, the TV pictures switched to 
People's Liberation Army soldiers en- 
tering Hong Kong,” he said, “not em- 
phasis on the peaceful return of a ter- 
ritory taken years ago in an unjust war, 
not consideration of Hong Kong people 
being given full responsibility for their 
government for the first time in their 
history.” 





SIS? — 


FASHION ON PARADE — In a chemical-war test. Sooth Korean 
soldiers groping their way Wednesday through a Seoul tourist area. 


Usually talkative and relaxed, Mr. 
Tung seemed a little nervous as he met 
with members of Congress critical of 
China and of Mr. Tung’s reworking of 
Hong Kong’s electoral system. 

Mr. Tung met with Treasury Sec- 
retary Robert Rubin, who is to travel to 
Hong Kong next week for annual meet- 
ings of the World Bank and Interna- 
tional Monetary Fond. 

At the Treasury, Mr. Tung empha- 
sized Hong Kong’s economic health in 
the face of a currency crisis that has 
swept through the rest of Southeast 
Asia. He reassured Mr. Rubin that Hong 


U.S. Presses North Korea to Attend Peace Talks 


that it would go ahead with a na- 
tionwide protest, including a rally 
in Manila on Sept 21. after failing 
to receive assurances from the pres- 
ident that he would not run for 
office again. 

Mr. Ramos was asked at a news 
conference to categorically rule out 
running in the presidential election 
next May 11. 

He replied: “Wait, be patient. 
November is coming.” 

Mr. Ramos referred to the se- 
lection process by his Lakas party 
to choose its presidential candidate, 
at which there are seven declared 
aspirants excluding himself. 

“I’m not ready to give any an- 
swers now tin til we finish our own 
process.' ' he said, implying that the 
party may choose him as its can- 
didate. 


The Associated Press 

BEIJING — Following lengthy 
' meetings Wednesday with North 
Korean officials, a U.S. diplomat was 
still unable to say whether the Com- 
munist country would join peace tajks 
next week. 

Deputy Assistant Secretapr of State 
Charles Kartman, on a mission to keep 
the peace talks on track, said progress 
was made in discussions with the North 
Korean vice foreign minister, Kim Gye 
Gwan, and that they would meet again 
Thursday morning. 

But when asked whether North Korea 
would attend next week’s talks, Mr. 
Kartman said, “I'm afraid I can't give 
you an answer. We’re still engaged, and 
we’ll be able to mak e an announcement 
as soon as we know something.” 

North Korea cast doubt on its par- 
ticipation in the talks following the de- 


fection last month of its ambassador to 
Egypt and his brother, a diplomat in 
Paris. 

Pyongyang accused Washington of 
trying to obstruct the talks by granting 
the pair asylum. It also immediately 
halted negotiations with the United 
States on stopping North Korean sales 
of missile technology to Iran, Syria and 
other countries that Washington regards 
as dangerous. 

Next week's talks are supposed to set 
an agenda for formal negotiations to end 
the hostilities on the Korean P eninsula. 
North Korea attended the first round of 
meetings in New York last month. 

On Che eve of Wednesday's meeting 
with the North Koreans, Mr. Kartman 
had expressed confidence that the talks 
next week, which also include South 
Korea and China, would go ahead as 
planned. 



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UNCROWNED KING 
The Life of Prince Albert 
By Stanley Weintraub. Illustrated. 478 
pages. The Free Press. $2750. 
Reviewed by Michael Rosenthal 

I T can’t be easy to be married to the 
Queen of England, particularly if you 
are an insignificant 20-year-old prince 
from an obscure duchy in a foreign 
country and your native language hap- 
pens to be German. Such was the pre- 
dicament in which Prince Albrecht of 
Saxe-Coburg and Gotha found himself 
when he accepted Victoria's marriage 
proposal on Oct 15, 1839. 

The drama of Albert’s life, and of 
Stanley Weintraub ’s biography, lies in 
the struggle of a diversely talented, am- 
bitious man to overcome the handicaps 
of public suspicion, personal isolation 
and political superfluousness to become, 
in Weintraub’ s words, the “uncrowned 
king of the greatest empire on earth.” 

Whatever else it was, the marriage of 
the two youthful cousins was certainly 
not made in heaven. It derived, rather, 
from the explicit calculation of their 
uncle. King Leopold of Belginra, who 
was intent on joining his unassuming 
Coburg nephew to the world power that 
Victoria would represent as Queen. 

Such a plan required careful prep- 
aration. If other aspirants for Victoria’s 
hand were to be defeated. Albert had to 
be readied — emotionally, socially and 
intellectually — for the competition. 
Fortunately, the shrewd Baron Stock- 
mar. Leopold's physician and closest 
adviser, was available for strategic coun- 
seling, and together the two fashioned a 
training program of travel and education 
designed to produce an irresistible can- 
didate. 

Testifying to the success of the re- 
gimea, their marriage in 1840 never- 
theless posed the question of what a man 
temperamentally opposed to idle self- 


Open Appeal 
Made to Free 
Zhao Ziyang 


Sauers 

BEIJING — Supporters of the former 
Communis t Party chief Zhao Ziyang on 
Wednesday issued an open appeal to the 
party to free him from house arrest be- 


Kong would continue to peg its cur- 
rency to the U.S. dollar — one of the 
city’s main c laims to financial stability. 
Thailand and Indonesia recently 
dropped the link between their curren- 
cies and the dollar and the yen. 

But even Mr. Rubin brought up hu- 


health. Mr. Tung touched on the same 
theme in his speech, declaring that his 
city would “continue to uphold aca- 
demic and media freedom” and would 
remain “the best place to find out what 
is going on across Asia.” 


Communist North Korea and the 
capitalist South technically remain at 
war since they have signed only an 
armistice and not a formal peace 
treaty. 

Two years ago, Pyongyang indicated 
it no longer considered the armistice 
valid. 

But at the New York meeting. North 
Korean diplomats said the country 
would respect the pact until a new se- 
curity mechanism was negotiated. 

President Bill Clinton proposed the 
four-party rallre in April 1996. The 
United States backed South Korea in the 
Korean War, while Ghina supported 
North Korea. 

China's Foreign Ministry urged ail 
sides to make next week's meetings 
happen. But a ministry spokesman, 
Shen Guofaug, cautioned against ex- 
pecting quick results. 


The appeal was die first since the 
former anointed heir of Deng Xiaoping 
was purged for failing to oppose the 
student-led demonstrations that were 
crushed by the army on June 3-4. 1989. 
with heavy loss of life. 

“It is already eight years since the 
disturbances of 1989, and we believe 
that to restrict the rights and freedoms 
fhat Comrade Th a o Ziyang enjoys as a 
party member and as a citizen is ab- 
normal,” sard die open le tte r, to be 
delivered to the party. 

The appeal for an end to restrictions 
imposed on Mr. Zhao. 77, who has dis- 
appeared from the public eye since his 
fall from power in 1989, was unsigned 
but was drafted by a group of supporters 
in the party, government and even the 
military , Chinese sources said. 

Copies of the letter have already been 
circulated among party members and 
delegates gathering in Beijing for the 
congress that opens on Friday, the 15th 
since the founding of China’s Com- 
munist Party in 1921. 

More than eight years after Mr. Deng 
and other senior officials sent die army 
to crush the 1989 demonstrations 
centered in Tiananmen Square, Mr. 
Zhao lives under virtual house arrest in a 


SpcKJiUU* UUUacuU*UUiUJJCLJUIJJ.I«/U«a 

been allowed out occasionally to indulge 
his passion for golf, the sources said. 

In February, Ids successor as head of 
the party, Jiang Zemin, turned down his 
request to return early from a rare trip 
outside the capital to attend foe funeral 
of his fanner mentor, Mr. Deng. 

Weeks later, Mr. Jiang barred Mr. 
Than fro m the funeral of the elder 
statesman Peng Zfrea. 

Diplomats say C hina 's current lead- 
ers remain nervous about foe infl uence 
of Mr. Zhao, whose relatively liberal 
political and economic policies made 
him popular while in office. 

In recent months, Mr. Jiang has 
moved to revive several policies closely 
linked with Mr. Zhao in foe mid-1980s, 
incl uding political reform and changes 
in the ownership of stale enterprises. 

Unlike leaders toppled in previous 
purges, Mr. Zhao has refused to ac- 
knowledge his mistakes — giving him 
potentially strong moral clont among 
Chinese who disagree with foe verdict 
of his hard-line successors that foe 
Tiananm en pro Less were seditious. 


BOOKS 


indulgence, who would later rebuke one 
of his mildly profligate sons that “life is 
composed of duties.” would do with 
himself. The only duties available to 
him at first were his conjugal ones, 
which he performed with ardor and ef- 
fect- He sired nine chil dren in all. and 
the country breathed mare easily when 
foe second proved a son, destined to 
inherit foe crown as King Edward VU. 

But being foe royal stud was not suf- 
ficient for Albert Denied permission at 
the stan to choose his own household 
staff or even to look inside foe red boxes 
containing the cabinet papers regularly 
delivered to foe queen, Albert chafed at 
his uselessness. A spoof court circular 
documented his plight, announcing foe 
appointment of a “Tooth-brush in Or- 
dinary and a Shaving-pot in Waiting to 
his Royal Highness.” 

His intuitive understanding of pol- 
itics and endless capacity for work guar- 
anteed he would not r emain sta gnant for 
long. Be g i nn i n g by helping Victoria 
with her paperwork during the torpor of 
her pregnancies, he gradually absorbed 
more and more responsibility for her 
views. He immersed himself in foreign 
affairs particularly, where his instincts 
as a natural conciliator helped temper 
the more confrontational styles of Mel- 
bourne and Palmerston. 

W EINTRAUB, the author of biog- 
raphies of Victoria and Disraeli, 
among others, vividly traces the aston- 
ishing trajectory of Albert's career from 
its start as His Serene Cipher to one of 
foe most influential British public fig- 
ures of foe 19fo centuiy. Alfoongh 
simple popularity could never be his — 
he was too moral, too serious, too in- 
tellectual for that, and besides, bis Eng- 
lish was not good enough to disguise fos 
alien origins — he embraced a prodi- 
gious range of interests and achieve- 
ments. 

He was an accomplished artist and 


By Alan Tru scott 

F OUR decades ago, Chien- 
Hwa Wang, a Chinese 
theorist, analyzed foe clash 
squeeze, a group of endings 
previously unknown. 

Over foe years he has col- 
lected 60 interesting deals, 
covering elimination play, 
squeezes and coups, in ‘ ‘Prac- 
tical Bridge Endings.'' It is 
available from The Bridge 
World, 39 West 94th Street, 
New York, New Yoric, 10025, 
for SI 8.95 including mailing. 

The author played & 
diagramed deal four years ago, 
and in his book named the 
ending Wang’s Squeeze. It 
displays a pleasing symmetry. 

The opening bid of one no- 
trump was slightly eccentric, 
but served to avoid an im- 


BRIDGE 


pending rebid problem after a effectiv 
one-diamond opening and a clarer’s 
one-spade response. West led East i 
a heart against three no- andrebi 
trump, which proved to be an in durrn 


BRIEFLY 


Taleban Planes : > 
Bomb Rival City ^ 

KABUL — Taleban warplanes 
bombed the main opposition 
stronghold of Mazar-e-Sharif on 
Wednesday, and fighting 7 erupted 
around the embattled northern city’ n 
for a second day, aid workers said. ' 8 

Gunfire and shelling could be" 
heard from inside foe city, but there' 5 
was no immediate word on cas-J 4 
ualties. Aimed men inside Mazar-‘ 3 
e-Sharif looted the offices of sev- 
end international aid agencies,* 
stealing equipment and vehicles. ® 

The lawlessness came amid 
ports that a key opposition leader/* 
Malik Pahlawan, had left Mazar-e- : ^ 
Sharif. 

In three days of fighting, foe 
Taleban has advanced toward Maz-'J 
ar-e-Sharif, briefly capturing the' 1 ! 
airport Tuesday and seizing land^ 
near foe outskirts of foe city. It was 
the first time foe Taleban hadT 
threatened foe opposition strong 
hold since May. (APffl 

iii 

Jailed Tibet Monk - 
On Hunger Strike ;i 

BEIJING — A senior Tibetan^ 
B uddhis t monk being held in iso- 
lation in a remote Chinese prison™ 
has been on a hunger strike sincejjj 
July, a human-rights group said;^ 
Wednesday. ^ 

The monk, Chadrel Rippocbe/? 
58, is not allowed to leave his cell in . 
the Chuandong No. 3 Prison iiH 
Dazu County in Sichuan Province^ 
foe group Human Rights in Ountf^ 
said in a statement. ' • * 

An official at foe foreign affairs J 
office in Tibet, contacted .by. telftr 
phone in Lhasa, said foe office 
knew nothing about foe case., ( AF jCj 

New Delhi to Ban 
Many Old Vehicles * 

NEW DELHI — The adminis-^ 
tration plans to ban people driving" 
commercial vehicles foal are more j 
than 15 years old in foe capital in a 
bid to check stifling pollution, of-* 
finals said Wednesday. . - j. 

Rajendra Gupta. New DeM^ 
transport minister, said the ban^ 
would cover thousands of buses^, 
taxis and scooter-rickshaws. “Pol-' 
hition is foe number one problem in ^ 
Delhi,” Mr. Gupta said, adding that,^ 
hard solutions were needed (AFP) " 


musician; he helped end foe slave trade 
and argued for better conditions for Brit- 
ish workers; he took foe largely cer- 
emonial position of chancellor ofCam- . 
bridge University and used it as a pulpit 
to insist on curricular reforms 
would bring it into foe modem world; he 
participated in foe design of building 
(the royal residences at Balmoral and 
Osborne), uniforms and the Victoria 
Cross; he actively supported British aits 
and industry; he insisted on foe need for 
a well-trained army, and was instru- 
mental in the planning of foe Great 
Exhibition of 1851 and the building of 
foe Crystal Palace to house it . . i £ 

At foe end of his life, sick with what y 
appears to be foe misdiagnosed cancer 
that was soon to kill him, he helped 
temper foe bellicose language of tee 
British foreign minister over an incident 
that might have pushed Britain into the 
American Civil War on the South’s 
side. r .. - " 

Above all, Albert succeeded in sub- 
ordinating his own felt need for re- 
cogninon to foe interests of foe motfc- . 
archy itself. 

Victoria never fully recovered from 
his death in 1861. She mourned for the 
40 years she survived him. Long after 
his death, she continued foe practice of 
having hot water for shaving delivered 
to his dressing rooms each morning. 

'Hie recognition foai eluded Albeit, v 
during his lifetime has been lavishly “ 
bestowed since his death. Beginning 
with Theodore Martin’s five-volume 
appreciation of 1880, presided over by 
the queen herself, Albert’s virtues have 
been deservedly celebrated by numer- 
ous historians and biographers. Wein- 
traub’s richly detailed examination con- 
stitutes foe fullest and most recent 
reminder that Albert foe Good, as he was 
unfortunately characterized for poster- 
ity by foe well-meaning Tennyson, was 
many other tilings as welL 

York Times Service 


NORTH 

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P g 8 8 * 10 872 

0 J 8 5 2 l*l 3 

* Q 9 

H * A 10 8 2 

SOUTH (D) 

* AQ 
e K 5 4 2 
0 K Q Ifl 9 3 
*J5 

Neither skte was vulnerable. The 
bidding; 

South West North East 

1 N.T. Pass 2 N.T. Pass 

3 N.T. Pass Pass Pa» 

West Jed the bean nine. 


effective attack on foe de- 
clarer’s communications. 

East won with foe heart ace 
and returned foe suit. Winning 
in dummy. South led a dia- 
mond and finessed foe ten un- 
successfully. West won with 
foe jack and played another 
heart, won in dummy. Anoth- 
er diamond was won with the 
ace and East shifted to a spade. 
South won with the ace and 
cashed three diamond winners 
to reach the ending shown at 
right; 

South needed three of foe 
last four tricks. On foe heart 
king. West threw foeclub nine 
and dummy foe club seven. 
East threw a spade, and South 
could please himself whether 
he cashed the spade queen and 

led the club five, or led foe 
club five immediately. 

If West had thrown a spade 


instead of a club, foe club 
seven would again have been 
thrown from dummy. To 
guard spades. East would 
have had to throw a club. That 
would permit South to cash 
the spade qneen and lead a 
club, scoring the spade king 
in dummy at foe finish. 

NORTH 

* K5 
• V — 

o — 

+ K7 ■ 


WEST 
♦ J 9 
S> — 

0 — 

+ .Q8 


EAST 
* 10 8 
9 — 

0 — 

* A 10 


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SEPTEMBER S4.1W 


INTERNATIONAL HERALD TRIBUNE, THURSDAY SEPTEMBER 11. 1997 


PAGES 


EUROPE 


Election Pressure Put 

i _ ■ 

On Yugoslav President 

Envoys Ask His Help With Bosnian Serbs 


The Associated Press 

; BANJA LUKA, Bosnia-Herzegovi- 
na 7- Taking credit for averting a coup 
.against die Bosnian Serb president and 
violence against her foes, two inter- 
national envoys tried Wednesday to per- 
suade leading Serbs to join in local 
elections this weekend. 

Carlos Westendoip of Spain and 
;Jacques Klein of the United States met 
in Belgrade, the Yugoslav ra piiai , with 
■Slobodan Milosevic — the Yugoslav 
') president and the leading Serbian poweT 
•’ broker — and Momcilo Krajisnik, the 
Serb in Bosnia's joint presidency. 

Mr. Klein and Mr. Westendoip ware 
expected to lean heavily on Mr. Mi- 
losevic to get Mr. Krajisnik to participate 
;in the elections. Diplomats in Belgrade 
said Mr. Milosevic faced renewed trade 
sanctions on Yugoslavia if he did not 
throw his weight behind the Bosnian Serb 
president, Biljana Plavsic, and stop back- 
ing Mr. Krajisnik and Radovan Karadzic, 
the former Bosnian Sob president who 
has been indicted for war crimes. 

Mrs. Plavsic, who controls the more 
populous west and northwest of Bos- 
nian Serb territory, has already agreed to 
take part in the elections. 

On Tuesday, Mr. Krajisnik, the top . 
aide of Mr. Karadzic, spent 12 hours 
■trapped in a hotel in Banja Luka by 
, t Plavsic supporters and the police before 
’> ;he left undo* a hail of rocks, eggs and 
s -bottles. 

Seventy-two men who came to Banja 
Luka with him for what he called a rally 
and what Mr. Klein said was an at- 
tempted coup against Mrs. Plavsic were 
detained, their weapons confiscated and 
their identities checked to see if they 
were implicated in war crimes. 

The melee in Banja Luka appeared to 
make it even less likely that the pro- 
Karadzic Serbs would drop their threat 
to boycott the local elections, which 
have been postponed three times. 

■ Recriminations about die attempted 
coup ag ains t Mrs. Plavsic and the de- 
tention of Mr. Krajisnik and his aides in 
-Banja Luka flew between the rival 
camps Wednesday. 

Mr. Krajisnik accused Mrs. Plavsic of 
-leading Serbs into catastrophe. 

** We had no intention to trigger con- 
flicts,” he told the Bosnian Serb Sma 
■news agency. He described his “or- 
deal” in Banja Luka as a “major 
■dr ama ” orchestrated by Mrs. 'Plavsic 
land international officials. 

“Plavsic is not making her moves 
■alone, but is plotting against Republika 
Srpska together with a group of people 


who are leading our country into ca- 
tastrophe,” he said, referring to the Bos- 
nian Serb substate. “Our country is in 
danger and we must do everything to 
save.it.” 

Mrs. Plavsic turned against Mr. 
Karadzic and Mr- Krajisnik in July, ac- 
cusing them of impoverishing their 
people by rejecting the Dayton peace 
accords. The region was denied inter- 
national aid as a result, while the two 
men and their allies, she charged, en- 
riched themselves through crime and 
cOixuption. 

Banja Luka television, which is con- 
trolled by Mrs. Plavsic, said that Mr. 
Krajisnik and his aides “got what they 
deserved.” They “came to Banja Luka 
to provoke bloodshed,” the station said. 

A clearly relieved Mrs. Plavsic said 
that Mr. Krajisnik's men had planned to 
seize control of Banja Luka's central 
police station and then her headquar- 
ters. 

“Thank God it didn't happen,” she 
said. “For the first time they faced the 
truth and I hope they had a lot to think 
about on their way back to Pale,” she 
added, referring to her rivals' headquar- 
ters east of Sarajevo. 



An|i Niodiuwtantf A*enee 1 

A Bosnian Serb child cheering in Pale as she holds up a poster for 
Vojislav Seselj, an ultranationatist candidate in elections this weekend. 


U.S. Drops Move to Deport 6 in IRA 


By Matthew L. Wald 

New York Times Service 


■WASHINGTON — The Clinton ad- 
ministration has suspended deportation 
proceedings against six veterans of the 
Irish Republican Army who have settled 
'in the United States, saying that al- 
lowing them to stay “could contribute 
to the peace process.” 

In addition, the administration de- 
cided not to begin formal deportation 
proceedings ag ains t three Irish nationals 
living in the United States, according to 
officials familiar with the case. 

The announcement of these steps 
came on the heels of a visit last week to 
the White House by Gerry Adams, who 
heads Sinn Fein, the political wing of 
the IRA. 

Mr. Adams apparently pressed for a 
halt to the deportation proceedings 
against all nine as evidence of some 
“confidence-building steps,” said Rep- 
resentative Peter King, Republican of 
New York. 

tfo said the IRA had requested such 


steps be taken before it would agree to 
reinstate a cease-fire. 

The six against whom proceedings 
were initiated had been, convicted of 
crimes related to terrorism, including 
murder, possession of bombs and hi- 
jacking. 

One, Brian Pearson of Pearl River, 
New York, was convicted in Federal 
District Court in Brooklyn in 1982 of 
attempting to export anti-aircraft 
Stinger missiles to the IRA. 

The others were convicted in Britain 
in the 1970s. 

All had served prison sentences, 
some as long as 14 years, but none of the 
nine is presently being sought for pros- 
ecution. 

Attorney General Janet Reno an- 
nounced tiie decision Tuesday in a state- 
ment that cited a letter by Secretary of 
State Madeleine Albright 

Dropping the cases, Mrs. Albright 
said, would advance the goal of “a 
lasting, overall settlement in Northern 
Ireland.” She asked that the cases be 
dropped “without prejudice,” which 


means that they could be raised again. 

All but one of the six men are married 
to American citizens. The sixth is mar- 
ried to a permanent resident 

Representative William J. Pascrell, 
Democrat of New Jersey, said he had 
worked hard to help one of the six. Noel 
Gay nor, who lives in Bloomfield, New 
Jersey, in Mr. Pascrell' s district, with 
his wife and two children. 

Mr. Gaynor served 14 years for 
murder before settling in New Jersey. 

“They made their families here and 
they fear for their lives going back to 
Northern Ireland,” Mr. Pascrell said. 

The others against whom proceed- 
ings were dropped were Gabriel Mega- 
hey and Robert McErlean, both of New 
York City, and Gerald McDade, who is 
said to live in Connecticut 

In addition, the department had been 
considering bringing deportation pro- 
ceedings against three New York men, 
Charles Caulfield, Kevin Krossan and 
Don Mulholland, but has dropped the 
idea, according to people familiar with 
the case. 


Russia Signs 
Pact on Fixing 
Oil Pipeline 
In Chechnya 

By David Hoffman 

Washingto n Post Service . 

MOSCOW — Russia and the sep- 
aratist region of Chechnya have signed 
their most far-reaching economic pact 
since the end of their bitter war a year 
ago, agreeing on terms to .repair an oil 
pipe line through Chechnya that is to 
inaugurate the westward flow of oil 
from the Caspian Sea. 

The deal, signed here Tuesday, will 
open the way for the oil to pass to 
Russia's Black Sea port of Nor 
vorossiysk, one of several potential fu- 
ture export routes to the west from the 
oil fields off the coast of Azerbaijan. 

Negotiations had dragged on for 
months as Chechen leaders sought max- 
imum leverage over Moscow in ex- 
change for repairing the critical 
pipeline, which runs 148 kilometers (93 
miles) through Chechnya, including the 
capital, Grozny, which was heavily 
damaged during the war. 

Although de tails of the five docu- 
ments signed were not made public, it 
appears that Chechen negotiators, after 
making huge initial demands for re- 
parations, compromised with Moscow 
on transport tariffs and funds to rebuild 
the pipeline. 

Boris Nemtsov, a Russian first 
deputy prime minister who is also min- 
ister offriel and energy, said the deal 
envisioned sending 200,000 tons of oil 
through the pipeline by the end of the 
year. The first of it could begin flowing 
in October or November. 

Eventually, the Caspian Sea oil may 
reach world markets through several 
routes, whose backers have been com- 
peting fiercely because of the potential 
benefits to the countries through which 
the oil will pass. 

For war-devastated Chechnya, the 
money is sorely needed- President Boris 
Yeltsin sent troops to the region in 
December 1994 to crush an indepen- 
dence movement; the war left more than 
40,000 people dead. 

Under the agreement signed Tues- 
day, Moscow is to commit funds to 
repair the pipeline and pay Chechnya a 
tariff for pumping the oil — a fee 
am/Nimting to $854,000 for this year 
alone, according to the Interfax news 
agency. Chechnya agreed to protect re- 
pair crews and guard the pipeline, In- 
terfax reported. Mr. Nemtsov said, 
however, that Russia also would look 
for routes that bypassed Chechnya. 


BRIEFLY 



Sale of Pistachios 
Banned in Belgium 

BRUSSELS — Belgium has 
banned the sale of pistachios after a 
cancer scare prompted the Euro- 
pean Commission to halt imports of 
the nuts from Iran, the country's 
public health minister, Marcel 
Colla, said Wednesday. 

“We don’t want to take any 
risks,” Mr. Colla said on BRTN 
tele vision. But he said officials also 
did not want to be alarmist so that 
“people who ate pistachios a few 
days ago won’t get ill all of a sud- 
den.” The European Commission 
said Tuesday it had banned imports 
of pistachios from Iran because of 
fears of contamination by aflatoxin 
Bl, a highly toxic substance pro- 
duced by mold. 

The ban will be in force until 
Dec. 15, after which it will be ex- 
amined monthly. (Reuters) 

Archives Swapped 

MOSCOW — Russia completed 
Wednesday the return of Liecht- 
enstein's royal family archives, 
which were taken as booty in World 
War H, in exchange for a dossier on 
the execution of the last czar. 

The exchange could set a pre- 
cedent for other countries and in- 
dividuals that hope to regain valu- 
able documents or art treasures 
seized by Soviet troops in World 
War II. Critics say Russia has no 
right to such property, because 
looting violates international con- 
ventions. . 

The Red Array seized the Liecht- 
enstein family archives in Austria 
at the and of the war. (AP, ) 

Warning to Prodi 

ROME — Italy's hard-line 
Communist party stepped up its 
challenge to Premier Romano 
prodi on Wednesday, warning that 
the government could fall over its 
attempts to reform the welfare 
state. 

4 ‘The risk of a government crisis 
is real,” FaustoBertinotti. leader of 

the Refounded Communist Party, 
was quoted as having said. 

The party is not formally part of 
the governing Olive Tree coalition, 
but Mr. Prodi relies on its votes in 
the lower house of Parliament, 
where he lacks a majority. 

The dispute centers on pensions 
in talks on welfare reform. (AP) 


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page 6 


INTERNATIONAL HERALD TRIBUNE, THURSDAY, SEPTEMBER 11, 1997 



INTERNATIONAL 


Global Warming Pact? 
U S. Groups Open War 


By Joby Warrick 

Washinxitw Post Service 


WASHINGTON — Some of the 
most powerful trade groups in the 
United States have launched a muiti- 
million-dollar advertising blitz that pre- 
dicts dire consequences for American 
consumers under a United Nations’ pro- 
J posaJ to combat global warming- 
! Automobile manufacturers, oil 
I companies and farmers were among the 
» backers of the nationwide campaign on 
! radio and cable- television and m news- 
i papers. The ads, which began Wednes- 
day, say energy prices could increase 
I more than 20 percent under an rnter- 
| national treaty that would slash pol- 
1 Infants that many scientists have linked 
! to rising global temperatures. _ 
i .‘This is truly all pain and no gain for 
■ Americans,” Bob Stallman, president 
iof the Texas Farm Bureau, said at a 
' news conference unveiling the ads. 

I The campaign apparently is intended 
! iq part as a warning to the Clinton 
l administration, which is participating in 

• talks leading up to on international con- 
| ference on climate change in December 
’in Kyoto, Japan. The white House re- 
cently launched its campaign to build 
support for a treaty limiting emissions 
of ‘‘greenhouse gas" pollutants that 
trap heat in the Earth’s atmosphere. 

The campaign drew immediate crit- ‘ 
icism from environmentalists and the 
.White House, which labeled the pre- 
dictions inaccurate scare tactics. 

President Bill Clinton, at a White 
House conference on climate change in 
July, warned of profound environmen- 

• tal consequences — including droughts, 
heat waves and rising sea levels that 
could swamp thousands of square miles 
- of coastal Florida and Louisiana — on- 
. less governments worldwide find ways 

to reduce soaring levels of carbon di- 


oxide and other gases generated by 
fossil-fuel combustion. 

Although die administration has not 
anno unced its position on key aspects of 
the proposed treaty, the ads suggest the 
United States is being rushed into a bad 
deal that would prove costly to busi- 
nesses and consumers. Spokesmen for 
the industry alliance, dubbed the Global 
Climate Information Project, said they 
woe particularly worried that the Kyoto 
agreement would let developing coun- 
tries off the hook and place U.S . compa- 


nies at a competitive disadvantage. 
>ulda 


* ‘We should avoid the herd mentality 
rhat says, ‘Sign first, ask questions 
later,”’ said Jerry Jasinowski, presi- 
dent of the National Association of 
Manufacturers. 

Coalition members said they -had 
spent $3 million on the ads so far, and 
spokesmen said the cost could exceed 
$13 milli on over the next few months. 

The size of the campaign and the con- 
tent of die ads also prompted sharp re- 
sponse from other industries that support 
international action to fight global warm- 
ing. “Tossing verbal Molotov cocktails 
over the White House fence isn't ne- 
cessarily the best way to get a reasonable 
treaty," said Michael Marvin, executive 
director of the Business Council for Sus- 
tainable Energy, a coalition of alternative 
energy and technology companies. 

Mr. Marvin accused the anti-treaty 



Water DUadHa/Aseox Fnoce-Prtwe 

Steve Biko’s son, Nkosinathi Biko, and his widow, Ntsiki Biko (right), at the Truth Commission hearing 
Wednesday, where their lawyer fought amnesty for the five former policemen involved in the activist’s death. 


groups of attempting to frighten con- 
jremctions of an enormous 


sumers with pr 
jump in energy costs, including a 50- 
cent-per-gailon hike for gasoline. 

Mr. Clinton, in a speech ar American 
University, argued that the United 
States could reduce emissions by “20 
percent tomorrow with technology that 
is -already available at no cost if we just 
change the way we do things." 

“We can grow this economy and do 
right by the environment,' ' he added. 


Mir Crew Uses Hot Air to Try to Dry Out Module 


The Associated Press 

MOSCOW — The Russian- Amer- 
ican crew on Mir used hot-air dryers 
Wednesday to get rid of excess hu- 
midity after a computer crash that 
affected the ventilation system on the 
space station. 

Space officials said the crew was 
drying out the Ftiroda module, one of 
six modules on Mir, but it was not 
clear whether the job would be com- 
pleted Wednesday. 

Mir's main computer broke down 
Monday, and that led to a reduced 
electricity supply in the ventilation 


system. The air inside the Priroda 
module then became too humid, of- 
ficials said. 

The crew used special air pipes to 
pump hot air into Priroda to remove 
the extra moisture, according to a Mis- 
sion Control spokeswoman. Vera 
Medvedkova. 

Meanwhile, the Russians on board, 
Anatoli Solovyov and Pavel Vino- 
gradov, planned to compile a new list 
of the spacecraft’s equipment, and the 
American astronaut Michael Foale 
was due to exercise and sow plants as 
part of his scientific experiments, the 


spokeswoman said. 

In the co min g days, the crew will be 
preparing for die arrival of the U.S. 
space shuttle Atlantis, which is sched- 
uled to blast off SepL 26 and bring Mr. 
Foale's replacement. David Wolf. 

Plans are moving ahead for a dock- 
ing between the American and Rus- 
sian spacecraft despite the recent 
string of malf unctions and accidents 
that have plagued the 1 1 -year-old 
space station. 

Mir’s wom-out computer system, 
which was replaced Tuesday, crashed 
three times in less than three months. 



BRIEFLY 


Comoros Leader Orders 
A State of Emergency 


MORONI. Comoros — President Mo- 
hamed Taki has declared a state of emergency 
in the aftermath of a rebuffed military in- 
vasion of the secessionist island of Nzwani. 

But rebels on the island there remained 
defiant on Wednesday, demanding Mr. 
Taki's resignation. 

Mr. Taki assumed emergency powers on 
Tuesday, dismissing his military and civil 
advisors as well as the government of Prime 
Minister .Ahmed Abdou. (API 


Rwanda Criticises UN 


NAIROBI — Rwanda criticized the UN 
high commissioner for refugees. Sadako 
Ogata, on Wednesday and said it was sum- 
ironing her representative to discuss its move 
to suspend operations in the Democratic Re- 
public of Congo, the former Zaire. 

Emmanuel Ndahiro. senior adviser to the 
vice president. Paul Kagame, said some UN 
workers were helping to perpetuaie refugee 
camps in Zaire 

“We are calling the UNHCR represen- 
tative,” Mr. Ndahiro said. “We want him to 
explain this whole thing, what it means." 

(Reuters) 


U.S . Navy Aiding Haiti 


MON 1 KoUIS. Haiti — U.S. Navy divers 
joined United Nations peacekeepers on 
Wednesday to help pull bodies from a sunken 
Haitian ferry. But the operation was 
hampered by the divers’ inability to reach 
many parts of the ship. 

Two divers arrived in Montrouis to help 
Canadians from the peacekeeping force re- 
cover those killed when the ferry Pride of 
Gonave sank Monday. More U.S. Navy 
divers are due Thursday. 

The Canadian divers say they counted few- 
er than 200 bodies inside the sunken ship — a 
number far lower than estimates made by 
officials immediately after the vessel went 
down off this fishing village. 

The divers and other rescuers have re- 
covered 79 bodies. Crews placed the bodies 
in transparent plastic bags and laid them on a 
beach for mourners lu identify. ( AP ) 


Chile Battling Students 


SANTIAGO, Chile — Police officers used 
tear gas and water cannons to scatter uni- 
versity srudents protesting the upcoming 24th 
anniversary of the military coop led by Gen- 
eral Augusto Pinochet. 

Eduardo MoraJes, rector of the University 
of Santiago, said that about 20 students had 
been detained during the clashes on Tues- 
day. ( AP) 


Shackling 

Followed 


Biko Torture 


South African Officer ' 
Details Activist’s Death 


The Associated Press 

PORT ELIZABETH, South. Africa 

The anti-apartheid hero Steve Biko 

was left shackled to a gate for a fiillday 


after the police beating that left him with 

fatal brain injuries, a for 


jrxner policeman 
testified Wednesday. •; ; 

But while the police officer. Major 1 
Harold Snyman, admitted taking part ift 
the fatal interrogation and an ensuing 
cover-up, he claimed Mr. Biko's death 
20 years ago was an accident 
“It was notour intention to kill him,!’ 
Major Snyman told foe start of one of 
the most anticipated hearings to date of 
the Truth and Reconciliation Commis- 
sion, set up in late 1995 to investigate 
apartheid-era political crimes and pro- 
mote reconciliation. > 



hired George Bizos r a prominent anti- 
apartheid lawyer, ta oppose amnesty for 
Major Snyman and- four other ■former 
officers implicated in foe killing. . 

Torturing interrogation subjects, Mr. 


Bizos told the bearing, “to the 


they finish up dead, is not a polii 
objective in any civilized society. ’ ’ _ 
Mr. Biko was labeled a terrorist % 
the apartheid government for preaching 
that blacks should take pride in their 
culture and fight to control their coun- 
try. His death at 30 provoked inter- 
national outrage and mobilized the anti- 
apartheid movement at home. , 

He was regarded as a black leadg 
with new ideas to fill a vacuum left 
when foe African National Con, 
was banned and its leadership, incl 
mg the current president. Nelson 
dela, imprisoned. • 

Major Snyman ’s amnesty . applica- 
tion, which was introduced at the hear- 
ing. said Mr. Biko was brought in for 
questioning in an effort to get enough, 
evidence to charge and imprison hiraffr 
inciting violence. . j 

“As a leadership figure, he would in 
this way be neutralized,” Major Sny- 
man wrote in his application, allowing 
police “to normalize the situation:#] 
black residential areas." 

But the officer said a scuffle had 
broken out as foe interrogation became 
increasingly confrontational. . ‘ 

“I am not sure who hit him and who 
got hit,” Major Snyman wrote. “We 
knew' , of a. previous ..occa&fpn in* which 
Biko had assaulted a. tuemfeer of foe 
palicemid knocked his 
a big ana strong man.” ‘ 

He said that as police tried to hand- 
cuff Mr. Biko, an officer fell on foe 
activist, sending his head into a wall j 
“He fell to the ground,” Major Sny- 
man said. “It was clear that foe knoqk 
on his head had .left him dazed and 
disorientated. It was clear that further 
interrogation in these- circumstances 
would be fruitless. He was slurring. 

“1 was not exactly sure that he was 
really injured. I kept in mind that he 
might be trying to deceive us in order to 
escape further interrogation.” 

The major testified that Mr. Biko had 
spent at least an entire day after the Sept. 
6. 1977, incident in an apparently semi- 
conscious state, shackled to a gnll with 
his arms and legs spread eagle. 

That brought whistles and gasps 
shock from foe 200 people — almost 
of them black — at foe Centenary. Hall 
in New Brighton, a black township wit- 
side Port Elizabeth. 

Major Snyman also admitted that po- 
lice told an inquest into foe death that the 
interrogation had taken place SepL 7, a 
day later, to make it look like they hgd 
sought immediate medical assistance. 

Mr. Biko died SepL 12 after being 
transported 1,200 kilometers (750 miles) 
to a Pretoria prison from Port Elizabeth 
in foe back of a police pickup truck. 




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ief of 


foe death was ordered by foe chi 
police. Colonel Piet Goosen, who has 
since died. 

Goosen told us that the death of Steve 
Biko would be a great embarrassment to 
foe police and foe South African gov- 
ernment, that it could have a negative 
impact on the image of South Africa from 
abroad, and we could lose investments 
from abroad as a result,” be said. 

For Peter Jones, who was arrested 
with Mr. Biko and held for 500 days, the 
hearing was more of the same from 
apartheid agents. 

"We are expecting a bunch of lies,” 
said Mr. Jones, now managing director 
of a black investment company in Cape 
Town. “The people applying for am- 
nesty are pretending to cooperate so 
they can come off scot-free.” 


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PAGE 3 


I 


INTERNATIONAL HERALD TRIBUNE, THURSDAY, SEPTEMBER 11, 1997 


PAGE 7 


INTERNATIONAL 


Blair Urges 
Scots to Trust 
Themselves 
And Vote 6 Yes’ 


•""7 


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i 


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EDINBURGH — British govern- 
inent leaders and independence-s eeki ng 
nationalists on Wednesday urged Scots 
to trust themselves and vote for a sep- 
. arate Parliament. 

pinion polls, however, indicated that 
politicians and press need not have 
“^hered. Scots appeared virtually cer- 
tain to vote in a referendum Thursday for 
„tne new Parliament, marking the biggest 
.wrench from England since 1707 when 
Scotland merged its Parliament with 
England's in the Act of Union. 

Prime Minister Tony Blair, in an tele- 
vision interview from London, urged 
" to trus * themselves” and vote 
for “a new and modern settlement for 
.Scotland. 1 


Scottish newspapers, mainly pro-La- 
vung behind 1 


boui, have almost all swung behind the 
Parliament campaign, arguing — like 
the politicians — that the independence 
issue is something for the fiiture, if it 
ever happens. 

A poll published in the Edinburgh- 
- based Scotsman showed 63 percent in 
favor of a Scottish Parliament, 25 per- 
cent against, 12 percent undecided. 

. For giving the new body tax-raising 
j powers, however, there was markedly 
less enthusiasm: 48 percent in favor, 40 
percent against, and 12 percent unde- 
cided. The error margin was 3 percent 
either way. 

“ The poll by ICM of 1,800 Scottish 
voters had a margin of error of three 
percentage points. 

“Stand Up for Scotland," said a ban- 
ner headline in the tabloid Sun. “Do It 
for Dad,” said the tabloid Daily Recoid 
' on a front page picturing the three daugh- 
ters of the late John Smith, Mr. Blair's 
predecessor as Labour Party leader. 

The 129-member body in Edinburgh, 
which will control most do-- tic mai- 
lers, will be able to pass Jat. . aud pos- 
sibly raise (axes, and a less powerful 
assembly for Wales, formed a key 
'.pledge of the platform on which Mr. 
Blair’s Labour Party swept to power in 
May 1 national elections. 

A low voter turnout or a rejection of 
.the tax-raising p.y.ers — a second ques- 
: -tion on the baJlotpaper — would be seen 

* as a major rebuff for his government 

The Conservatives, handing out 
‘ ‘‘Think Twice Or Pay The Price” leaf- 
lets in Princes Street Edinburgh’s main 
shopping precinct, appealed to Scot- 
jland’s nearly 4 million people not to 
'walk into “independence by default” 

\ '; \’ You are hot talking about some care- 
■ worked '.out federal sttncture,” said 
'IVCchaerAncram, the Conservative law- 
maker and former government minister 
j spearheading opposition to die Scottish 
and Welsh assemblies. “You are talking 
about piecemeal devolution.” 

The Conservatives, along with some 
.'business people worried about higher 
1 ’taxes and groups opposed to weakening 
'the English tie at any price, form a 
lonely voice. 

They argue that the new Parliament 
~will spark English-Scot animosity and 
; lead to independence and the shattering 

* of the United Kingdom. 

William Hague, leader of the Con- 
: servarive Party, which lost all its seats in 
'Scotland in the May election, urged 
Scots to vote “no.” 

■ f * Calling those opposed to a devolved 
Scottish Parliament “die true Brave- 
: hearts.” he said at stake was the whole 
! .future of the United Kingdom — Eng- 

* land, Scotland, Wales and Northern Ire- 



lui U'lUlr KrUIrn 

A woman flying the Scottish flag in Edinburgh on Wednesday. Scotland votes in a referendum on Thursday. 


Sterilizations in France 

15,000 Women Were Forced, Report Says 


Agence France-Preue 
PARIS ■ — Close to 15,000 men- 
tally handicapped women in France 
have been forcibly sterilized, a 
weekly magazine reported Wednes- 
day, breaking what has been a taboo 
here on this delicate issue. 


The report in the satirical weekly 
Hebdo quoted a surgeon as 


Charlie 

saying that “hundreds” of col- 
leagues had performed such steril- 
izations. 

“We operate on the instructions of 
psychiatrists and institutions.” he 
was quoted as saying. "It is not our 
decision.” 

The 15.000 women are either in- 
stitutionalized or receiving treatment 
on an outpatient basis, the article 
said. 

Nicole Diederich, a researcher at 
the Health and Medical Research Iin 
stitute, said the victims of this prac- 
tice — which she said had been 
“kept totally quiet” up to now — 
“probably number in the thou- 
sands.” 

Dr. Bernard Glorion, head of the 


Order of Doctors group, said the re- 
port could not be confirmed because 
of “lack of data.” But he said thar 
without a solid medical reason it was 
unacceptable to order sterilizations 
for the mentally handicapped. 

Madame Diederich said studies on 
sterilization in Fnmce were rare but 
that a survey of 260 cases in the 
Gironde region in southwest France 
showed that 35 percent of the women 
involved had been sterilized without 
their knowledge. “It often happened 
to youDg. slightly handicapped wom- 
en who had emotional or social prob- 
lems and failures at school,” she 
said. 

She said she had tried to alert the 
authorities to the practice in 1991, 
but that no action was taken. The 
French National Ethics Committee 
also warned against abusive steril- 
izations, in 1996. 

Charlie Hebdo said that the 15,000 
women did not include previous gen- 
erations, or women who immigrated 
and were sterilized without their 
knowledge. 


Saturn Mission’s Deadly Fuel Powers Debate About Risks 


By William J. Broad 

New York Times Service 


NEW YORK — Alan Kohn was the 
emergency-preparedness operations of- 
ficer at the Kennedy Space Center when 
the Galileo spacecraft was launched in 
1989 to study Jupiter and when the 
Ulysses craft was lofted in 1990 to col- 
lect information on the Sun. 

His job was necessary because both 
‘ spacecraft run on batteries made of 
plutonium, a deadly radioactive element 
Mr. Kohn planned for disaster. He 
ordered bulldozers that could bury ra- 
dioactive debris. He planned how to turn 
buildings into fallout shelters. He ar- 
ranged for gas masks, protective suits and 
stations where cars and people could be 
cleansed of radioactive dust. 

At die launchings, which went 
smoothly from Florida, he sat at the ra- 
diation control center, ready to put bis 
iwm into action. Now, as a retired safety 
expert, Mr. Kohn criticizes die National 
Aeronautics and Space Administration 


for its scheduled launching of the Cassini 
mission to Saturn. He asserts that the risks 
are higher than stated and that an accident 
involving its plutonium batteries could 
doom thousands or perhaps millions of 
people to death by cancer. 

The space agency denies that the 
launching will place the public at great 
risk. Instead, it says a dangerous mix of 
ignorance and hyperbole is threatening 
to halt not only the Cassini mission but 
also a significant part of the America’s 
space program. 

Mr. Kohn, a 30-year NASA veteran, 
explained his criticism in an interview: 
“Men and machines are fallible. If you 
keep launching these dungs, eventually 
you’re bound to have an accident It’s 
inevitable. NASA says this whole thing is 
safe. Nobody can make such a statement 
I’ve seen too many rockets blow up.” 

Mr. Kohn is pan of an anti-nuclear 
movement that wants to stop the launch- 
ing of die $3.4 billion Cassini mission, 
which carries about 72 pounds (33 kilo- 
grams) of plutonium — more than ever 


lofted into space. The Ulysses spacecraft 
carried 24 pounds of plutonium and Ga- 
lileo 48 pounds. 

The Cassini, under development for 
eight years, had been scheduled for 
launching on Oct 6. But a recent accident 
on the launching pad damaged the space- 
craft’s protective cover, beginning 
rounds of emergency inspections and re- 
pairs that will probably delay the start of 
the mission by a week or more. 

Anti-nuclear protesters have seized 
on the incident as fresh evidence of 
dangerous fallibility. They say that if 
they fail to stop Cassini they will hold a 
major demonstration in Florida just be- 
fore the spacecraft’s launch. 

Richard Spehalski, Cassini’s pro- 
gram manager, said that the recenr ac- 
cident was “no reflection on safety” 
and did “not represent anything that 
could compromise" mission safety. Of- 
ficials at the Energy Department, which 
makes the plutonium batteries, also said 
no possible Cassini accident could pose 
significant risks to the public. 


"Our safety analysis report is rwo 
feet thick,” said Beverly Cook, pro- 
gram director for radioisotope power 
systems at the Energy Department- 
“It's been thoroughly reviewed. 
There’s absolutely no accident se- 
quence that results in hrge amounts of 
plutonium being released.” 

The gulf between the two sides is 
significant because plutonium batteries 
are not likely to go away soon. NASA 
plans to peer into many dark recesses of 
tbe solar system: beneath the deserts of 
Mars, below the icy surface of the Jovi- 
an moon Euro pa and down at the ob- 
scure terrain of Pluto. Sunlight is dim or 
nonexistent in such places. So the solar 
cells that produce electricity for most 
spacecraft are weak or useless, increas- 
ing the allure of plutonium. 

The batteries of Cassini and other 
spacecraft are made of plutonium 238 
and are known as radioisotope thermo- 
electric generators. As tbe plutonium 238 
dioxide undergoes radioactive decay, it 
gives off beat, which is converted into 


electric power. The spacecraft's three 
batteries are to generate 675 watts of 
power when it readies Saturn in 2004. 

Dozens of such generators have been 
launched into space over the decades to 
power satellites as well as lunar and 
planetary spacecraft. Two had acci- 
dents: Nimbus- B in 1968 and Apollo 13 
in 1970. But the sturdy cases that held 
the plutonium withstood the blows, as 
designed, space officials said, and no 
plutonium was released. 

Experts say the Cassini mission has 
three risky phases: the launching, the 
orbit around Earth for a booster-rocket 
firing and the swing past Earth in Au- 
gust 1999 at an altitude of 500 miles. 
Earth and its gravitational pull are to 
raise Cassini's speed so the craft can 
reach Saturn in the solar hinterlands 890 
milli on miles from the Sun. 


Experts say this final phase is the 
ost dangerous. Cassini will 


most dangeroL:.. Cassini will be moving 
fast. If control is lost during the Earth 
flyby, a crash into the atmosphere might 
scatter some plutonium to the winds. 



PnO RctM/Thr Associated ftns 


land. 

He also raised fears that Scots would 
(AP. Reuters ) 


HOT ISSUE — Helmut Kohl pausing Wednesday during the Bundestag debate on the budget, while an 
aide brought water. He asserted that faster economic growth would start to ease joblessnesslater this year. 


face extra taxation. 


City Hall Puts Itself On-Line 
At Kiosks Around New York 


New York Times Service 

NEW YORK — A change in the way 
New Yorkers deal with their city’s no- 
torious bureaucracy has been quietly 
spreading across the city’s five bor- 
oughs, in government buildings and li- 
braries, grocery stores and check-cash- 
ing outlets. 

Thirty-seven ATM-like machines, 
installed last year under a city exper- 
iment, allow New Yorkers to pay park- 
ing tickets and property taxes with a 
credit card or bank card, check building- 
inspection records, print application 
forms for permits, licenses and civil 
service jobs, and answer a host of ques- 
tions necessary to ease one’s way 
through foe system. All that with no 
lines and little angst 

“It's like a New York City worker 
who works 24 hours a day , and it’s more 
friendly,” said Gregory Davidson, 33, 
who was using one of foe kiosks Mon- 
day at the Mid-Manhattan Library. 


“There's no attitude.” 

Across America, state and local gov- 
ernments are experimenting with using 
interactive kiosks to streamline their 
bureaucracies. In Texas and 
Pennsylvania, job seekers can find out 
about openings for state workers. In 
Maryland, residents can renew their car 
registrations. And in Arizona and Utah, 
people can walk into many courthouses 
and use a kiosk to file for divorce. 


New York City officials say their $2 
million experiment is part or i 


a wider 

effort to make as many services as pos- 
sible available to computer users, in- 
cluding those for whom a kiosk in a 
public place is their only chance to use 
one. 

It is also an attempt to reduce the 
aggravation of doing business with foe 
city, where an entire industry of ex- 
pediters has evolved to help residents 
and contractors through foe process of 
getting permits and licenses. 



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f*age 8 


THURSDAY, SEPTEMBER XI, 1997 


ral b3S® ritoine. 

n>BUSHU> WITH THJE NKW \ORK TIMffi *WP rVE WABHMCTOM TOST 


Cigarettes for Asia 


j In Hong Kong, hip clothing stores 
riass out American cigarettes free to 
tneir customers. Salem sponsors a 
'[virtual reality” dome, where teen- 
agers attack each other with laser guns, 
ttrnpty packs of American cigarettes 
ran be redeemed for tickets to movies, 
discos and concerts. 

I Hong Kong is one of the battlefronts 
qf the modem-day Opium War. While 
Britain weDt to war in the last century to 
beep its Indian-grown opium streaming 
iito Chinese ports, today American 
tobacco companies win profits and 
tjuiJd addiction throughout Asia, where 
tobacco consumption is growing at the 
fastest rate in the world. 

(indeed. American cigarette compa- 
nies have agreed to the proposed do- 
mestic tobacco settlement in part be- 
cause ir does not touch them overseas. 
Where profits are soaring and they can 
tpldly target teenagers without fear of 


lawsuits or powerful criLics. 

I American cigarette exports have 
tripled since the 1970s, when domestic 
stocking rates began to fall. Since 1990. 
skies of Philip Morris cigarettes have 
risen bv 4.7 percent in the United States 
tjut 80 percent overseas. Cigarette man- 
ufacturers find the Asian market par- 
ticularly inviting because of its size and 


ie Asian love for tobacco. In Vietnam, . and print ads showing young people 


■ example. 73 percent of men smoke, having sophisticated fun are practic- 
<n much of Asia, governments hold ally identical to those in toe United 

States. These ads piggyback on the lure 


monopolies or near monopol ies on cig- 
arette production. The largest man- 
Lffacttirer in the world, in fact, is the 
Chinese government But American 
cbm pan ies are moving into Asian mar- 
kets. and have had substantial help 
from Washington. 

1 The White House's trade represen- 
tative and American embassies abroad 
tave pressured countries to open their 
markets to American cigarettes, often 
threatening trade restrictions if they do 
not. Such~ practices have diminished 
under the Clinton administration. 

Tobacco companies say they are not 
promoting smoking, just gaining ac- 
cess to an existing market. But toe 
entry of American companies often 
timsforms the cigarette industry in 
ways that increase consumption. 

Unlike government tobacco mono- 


of American pop culture, which rep- 
resents freedom and excitement for 


pel ies. American companies lobby 
hard against ami-smoking laws. They 


hard against ami-smoking laws. They 
also advertise, whereas government 


resents freedom and excitement for 
many Asian youth. 

It is probably unrealistic to expect 
that overseas considerations will be 
added to the proposed domestic to- 
bacco settlement. But Washington can 
surely remove tobacco from toe cat- 
egory of products that get aggressive 
support for opening foreign markets. It 
can also finance anti-smoking pro- 
grams in health organizations over- 
seas, and put the Agency for Inter- 
national Development to work 
discouraging smoking. 

American companies and the Amer- 
ican government unleashed sophisti- 
cated marketing campaigns that in- 
creased smoking in many countries 
where people do not fully understand 
its danger. That gives Washington a 
responsibility to undo the damage. 

— THE .vat- YORK TIMES 


Holocaust Debt 


Germany has made a great effort to 
face its history squarely since World 
War II. It has taught its children about 
the horrors of Nazism, to guand against 
a repetition of past evil, and it has paid 
tdns of billions of dollars to survivors 
of the Holocaust. It has apologized 
Without reservation. Why then is the 
country faltering on toe question of 
pensions for Jewish Holocaust surviv- 
ed in the former Soviet bloc? 

Unlike their counterparts in Israel, 
the United Stales and other parts of toe 
Vf'esu most of these aged survivors 
receive nothing, and many now live in 
terrible circumstances. They have been 
called the double victims, although 
triple is more like it: First of concen- 
tration camps, then of Communist 
tyranny. In toe West, a camp survivor 
with damaged health typically may re- 
ceive a pension of $270 per month; in 
Lithuania or Ukraine, a similar sur- 
vivor gets none. 

'.The German government has put 
forward various arguments to explain 
this. Communist East Germany was 
supposed to take care of Eastern Jews. 
After toe fall of toe Soviet Union, 


Germany made state-to-state pay- 
ments to some former Communist na- 
tions that were meant to satisfy all 
claims. Any new claims will be too 
open-ended. 

But East Germany did not take care 
of Eastern Jews. The state-to-state pay- 
ments were open to abuse, and Jewish 
survivors — often with little clout still 
in their homelands — received little. 

And the number of such victims is 
small — 15,000 to 60.000, depending 
on definition — and getting smaller all 
the time. When the American T . wish 
Committee began pressing thi e a 
few years ago, there were 120 ble 
survivors in Latvia. Now there are 83. 

Some advocates of these survivors 
attempt to bolster the case by pointing 


to Germany’s readiness to pay pen- 
sions to Nazi veterans, including those 


sions to Nazi veterans, including those 
living in Latvia and other Eastern na- 
tions. This strikes us as a separate 
issue. The Holocaust survivors' case 
stands on its own. It is hard to believe 
that Germany, having understood so 
well toe importance of facing its past, 
won’t understand this, too. 

— THE W.\SIIINCTON POST. 


Other Comment 


Teresa of the Poor 


: Mother Teresa was among the most 
ecumenical figures that [India] or any 
other country has produced. The 
simple white, blue-bordered sari that 
she and her co-workers donned as their 
habit was symbolic of an all-enfolding 
eclecticism which has always been the 
quintessence of true Indianness. 

Together with toe Taj Mahal and 
Mahatma Gandhi, she was In danger of 
being declared an institutional monu- 
ment, an instant emblem of India to 
whom a token genuflection was enough 
to save toe trouble and bother of a more 
arduous commitment. Symbolic obeis- 
ance to Mother Teresa obviated the 
need for further responsibility for toe 
wretchedest of toe earth, dying on toe 
mean streets of Calcutta or anywhere 
else under the unsheltering sky. 

Made by default into the world’s 


conscience keeper and moral garbage 
collector. Mother Teresa’s final chal- 
lenge was to overcome her own legend. 
She did this by employing a practical, 
workaday humility befitting her down- 
to-earth peasant stock. 

Lack of fuss was central to Mother 
Teresa’s style of functioning. That, and 
a rarely displayed but robust sense of 
humor, saved her from the sin of self- 
conscious piety. As she recounted once 
to Prince Michael of Greece, she dreamt 
she bad died and gone to heaven, where 
Saint Peter told her “Go back to earth, 
there are no slums up here.” 

There might not be any slums in 
heaven. But perhaps Mother Teresa 
would pardon us a touch of sentiment- 
ality — which she never permitted 
herself — - in suggesting that there may 
be a little less beaven on this despairing 
earth after her departure. 

— The Times of India (New Delhi). 



EDITORIALS /OPINION 


There Can Be No Peace Process Without Respect 


\¥ ; 

S»' 


,i i 1 * i** 

t’* 


monopolies advertised little. Before 
toe American cigarette invasion of 
South Korea in the mid-1980s, the 
country had banned virtually all to- 
bacco ads. But the trade representa- 
tive’s office demanded and won the 
right for American companies to ad- 
vertise in Korean publications. The 
same thing happened in Taiwan. 

Since the vast majority of smokers 
start before age 20, advertising is 
largely directed at young people, who 
are more affluent and rebellious titan 
ever before. Smoking by teenagers and 
children is soaring all over Asia, es- 
pecially among girls. 

In Hong Kong, where American to- 
bacco blends make up 94 percent of the 
market, Salem sponsors tennis tour- 
naments featuring the American player 
Michael Chang, an idol of Hcmg Kong 
girls. A Madonna concert from Spain 
was rebroadcast into Hong Kong as a 
Salem Madonna concert Stores sell 
Camel and Marlboro caps, watches 
and binoculars. 

While the manufacturers deny that 
they are targeting young people, the 
merchandise and events they offer ap- 
peal mainly to teenagers. 

Cigarette advertising is banned from 
television and radio, bat billboards 


N EW YORK — Secretary of State 
Madeleine Albright has said that 
during her current Middle East visit she 
would pressure the Palestinians to get 
tougher on terrorism, and also, if pos- 
sible, suggest to Benj amin Netanyahu 
that he might do more to abide by the 
commitments made by his prede- 
cessors. But this is tragically to con- 
tinue down the incredibly misleading 
path known as the Oslo peace process. 

What Palestinian critics of Oslo have 
against it is not peace but tire absence of 
any real possibility for peace. 

What was confected by an extraor- 
dinarily weak and unprepared Pales- 
tinian delegation and a strong but short- 
sighted Israeli group that met in secret 
in the Norwegian capital during the 
summer of 1993 reflected the disparity 
between the two sides. 

Crippled by a disastrous Gulf War 
policy, years of exile in Tunisia and 
anxiety about losing out to a new gen- 
eration of West Bank and Gaza ac- 
tivists who had spurred the intifada, 
Yasser Arafat essentially accepted a 
disadvantageous pact with Israel that 
under the chimencal rubric of peace 
essentially continued Israeli control 
and sovereignty over toe lands occu- 
pied during the 1967 war. 

True, Pales tinians were given man- 


By Edward W. Said 


agement over their municipal affairs, 
and in six towns freedom from direct 


and in six towns freedom from direct 
Israeli military rule. 

Yet control over exits and entrances 
to the Pales tinian territories was given 
to Israel; the settlements would remain; 
all of Jerusalem was retained by Israel; 
nothing was said about the end of oc- 
cupation; Israel alone could decide 
from where and by how much it would 
withdraw; toe Pales tinian economy 
was made totally dependent on Israel 's; 
military security, water, air rights, for- 
eign policy were to be controlled uni- 
laterally by Israel. 

Worst of all, the whole question of 
Palestinian refugees — those who were 
driven out of their homeland in 1948 — 
was left onmentioned. 


So the peace agreements were signed 
on the White House lawn, and cel- 


ebrated as a great breakthrough, which 
they were not Thus did the PLO lead- 


they were not. Thus did the PLO lead- 
ership save itself but not its people. 

Palestinian income has gone down 
by half in the four years since Oslo took 
effect; unemployment has climbed to 
about 35 percent. Israel withdrew its 
troops from only 3 percent of the West 
Bank, and about 60 percent of Gaza. 


The settlements increased in size. Es- 
pecially under Yitzhak Rabin and Shi- 
mon Peres, expropriations of Pales- 
tinian land escalated. 

Mr. Arafat's regime — distorted by 
the little that was offered, exempt from 
accountability, propped up by Israel 
and America as essential to maintaining 
the peace process — produced tyranny, 
massive corruption and a level of in- 
competence that scanted the talents of 
P alestinian men and women excluded 
because they were too honest 

A mood of desperation and hope- 
lessness set in. Where is this peace that 
we were promised? How is it that we 
still cannot move freely in our land? 
Why are we poorer than we were? 

Western liberals must remember 
that Oslo did not come on a tabula rasa. 
It came after 26 years of military oc- 
cupation, and before that 19 years of 
dispossession, exile, oppressioo. 

tf Israel has all along insisted that it 
is not responsible for what has been 
visited on the Palestinian people since 
1948, then it should explain to ns why 
we, alone of all people, should forget 
the past, re main uncompensated, our 
travails unacknowledged, even as all 
other victims of injustice have the right 
to reparation and apologies. 

□ 

I have not heard one responsible Pal- 
estinian applaud toe marketplace 
bombs. They were stupid, criminal acts 
that brought disaster on our people. 

The media and the Israeli and U.S. 
governments have insisted that Pal- 
estinian terror and violence be stopped. 
Even the all-purpose Amos Oz has 
demanded that we decide between 
peace and violence — as if Israel had 
already grounded its planes, dis- 
mantled Dimona, stopped bombing 
and occupying southern Lebanon (two 
70-year-old Lebanese men were killed 
by Israeli planes at the time of the 
marketplace bombings — why is that 
not violence and terror?) and with- 
drawn all its troops out of the 97 per- 
cent of the West R ank that it still con- 
trols, along with the military 
checkpoints that it has planted between 
nil major Pales tinian centers. 

Israel and its American supporters 
have rarely troubled themselves with 
any of these facts, which Israel is en- 
titled to fabricate or annul on toe ground 
and in the media at its pleasure. 

How dare the egregious Mr. Net- 


anyahu and the chorus of his American 
minimis demand that Islamic militants 
be summarily arrested, and Israeli se- 
curity be guaranteed? Who does he 
think he is, addressing Palestinians as 
his bonded servants, and by what stan- 
dard s of human decency does he dare 
assume that toe hundreds of Palestin- 
ians murdered during the intifada, toe 
victims of toe Sabra and Shatila mas- 
sacres (all of them directly toe respon- 
sibility of Israel), are nothing com- 
pared to Israel’s “security” needs? 

Only a few weeks ago toe Israeli 
justice system ruled umlaterally that 
vi ctims of Israel’s military during the 
intifada were not entitled to pursue 
their claims against the state, since it 
was a “war” situation. 


for Israelis and Arabs for years more? 

Terror bombing is terrible, and it 
cannot be condoned. But Israel's con- 
stant demands for security conceal a 
deep insecurity about Israel’s “original 
sin,” toe fact that there was always 
another people in Palestine, and That 
every village, kibbutz, settlement, city 
and town had an Arab history also.. .. 

Moshe Dayan used to admit it pub- 
licly This generation of leaders hasn't 

his honesty. What sort of hypocrisy is it 
to rail against Islamic fundamentalism 


and to say nothing of Jewish funda- 
mentalism that dehumanizes every 


mentalism that dehumanizes every 
non-Jew and relies on biblical promises 
ihar go back two millennia? 


Who do those people drink they are, 
that they can make light of or ignore 
what they have done to us and still wrap 
themselves in the mantle of “toe sur- 
vivors.” Is there no term limit, is there 
no sense of respect for toe victims’ 
victims, is there no barrier to what 
Israel can do while it continues to de- 
mand toe privileges of toe innocent? 


The only peace worth its name is an 
exchange of land for peace on the basis 
of rough parity between the two sides. 

And there can be no* peace without 
some genuine attempt on toe part of 
Israel and its powerful supporters to 
take a step toward toe people they have 
wro aged, a step they must take in hu- 
mility and reconciliation. 

Very few of os want back everything 
we lost in 1948, but we do want some 
acknowledgment of what we lost and 
of Israel's role in that mass dispos- 
session, which so many of Israel’s new 
historians have themselves excavated 
with courage and assiduity. 

Many Palestinians do not want to 
return to their land, but they ask why it 
is that any Jew anywhere has the the- 
oretical right of return, whereas we 
have none at all? 


To mouth phrases about getting toe 
negotiations going in such a context is 
to say that only State Department plan- 
ners and Israeli policymakers are cap- 
able of defining history and reality. The 
air needs to be cleared, language shorn 
of its worn-out phrases, honesty and 
simple fairness given a chance. 

Yes, Palestinians want peace, but not 
at any price and not on extremist terms 
toe way Netanyahu and company 
define it, with millions of conditions 
- concealing an iron, unbending rejection 
of toe desire for Palestinian equality. 

People respond to a call for justice 
and the end of fear and oppression, not 
to the lumbering heaviness of 


& ' 
-£> 

I : 


Hie sad fret is that both the United 
States and Israel are so out of touch 
with Arab actualities, so enamored of 
cliches about Islamic terror and Arab 
radicalism and anti-Semitism, that they 
seem to have missed the fret that Arabs 
want peace, that Palestinians want also 
to lead a decent life of independence 
and democracy as much as the common 
Israeli or American. 

Why then lay up stores of resentment 
and hatred that will surely delay peace 


something called a “peace process" in 
which Israel has all toe advantages (plus 
a nuclear arsenal), and in which it de-. 
mands that Palestinians be there only, 
to give it “security.” 

At present, the atmosphere is too 
inflame d by lies, too corrupted by il- 
lusions and self-perpetuating incapacit- 
ies to allow os all to move forward. But 
a start needs to be made somewhere and 
somehow; blame needs to be appor- 
tioned properly, and responsibility as- 
signed proportionately . 

What we need now — and certainly, 
the United Slates can take toe step — is 
a restatement of toe basic premise that 
there is peace only when land is given 
back, and that toe goal is independence 
and statehood for two peoples in Pal- 
estine. Start from that, and it might be 
possible to move toward the goal in as 
many steps as are necessary. 


The writer, a professor of literature 
at Columbia University, contributed 
this comment to the International Her-, 
aid Tribune. Parts of this article ap- 
peared in a longer article in the Sept. 5 
issue qf Le Monde (Paris). 


t 

kiV. 


China in Transition: Last Congress for a Lame-Duck Party? j 




W ASHINGTON — The 
15to Congress of toe 


VY 15to Congress of toe 
Chinese Communist Party be- 
gins in Beijing this Friday. The 
conclave, which meets once 
every five years, will be an im- 
portant indicator of China’s fu- 
ture direction. 

Party congresses in China are 
usually carefully scripted; 
much is worked out well in ad- 
vance. and little is left to 
chance. Not so this time. Much 
uncertainty exists about toe 
congress’s personnel appoint- 
ments and policy positions. 

Remarkably little has leaked 
out through the normally porous 
Hong Kong press. China watch- 
ers arc thus reading tea leaves. 

Some believe that there is 
substantial discord in toe ruling 
elite, as indicated by the pro- 
tracted three-week sojourn of 
toe leadership at toe beachside 
resort of Beidaihe in August. 
Another alleged sign of discord 
is the maneuvering and lobby- 
ing evident in the party-con- 
trolled press over various polit- 
ical and economic issues. Some 
intellectuals have even spoken 


By David Shambangh 


out boldly in favor of Western- 
style democracy and have not 
been incarcerated. 

Other specialists believe that 
President Jiang Zemin is in con- 
trol and that toe leadership is 
moving forward in unison. 

What indicators should ana- 
lysts keep their eyes on in toe 
week ahead? 

• Will Mr. Jiang succeed in 
having his allies from S hanghai 
promoted to key positions? Will 
Wu Bangguo reach the Polit- 
buro Standing Committee, re- 
main as vice prime minister and 
be given an important policy 
portfolio? Will Huang Ju ana 
Zeng Qinghong become full 
Politburo members, and will 
Mr. Zeng take over the party 
propaganda department? 

• Will Generals Lin 
Huaqing, 81, and Zhang Zben, 
83, finally and fully retire? Both 
have apparently resisted retire- 
ment, but have groomed suc- 
cessors. General Zhang Wan- 
nian is slated to become 
military supremo, but watch to 


see if Defense Minister Chi 
Hoatian malcre the S tanding 
Committee of the Politburo. If 
he does not, it is another strike 
against Mr. Jiang. 

Also watch for the compos- 
ition of the new Central Military 
Commission, to be unveiled 
after the congress, particularly 
whether Deng Xiaoping’s trus- 
ted aide General Wang Ruilin 
remains on it. In recent years. 
General Wang has been vitally 
important to Mr. Jiang (who 
serves as chairman of toe mil- 
itary commission as well as be- 
ing president and party chief). 
The general's removal could be 
another blow to Mr. Jiang. 

• Watch to see if Qiao Shi, 
chairman of the National Peo- 
ple’s Congress, steps down and, 
if so, whether he retires. There 
have been many reports in toe 
last year of rivalry and disagree- 
ments between him and Mr. Ji- 
ang. If Mr. Qiao goes, Mr. Jiang 
has won an important victory. 

And if Mr. Qiao is replaced 
as congress chair man by out- 


Prospects Fade for a Big Trade Deal 


W ASHINGTON — A mu- 
tual retreat by Beijing and 


VY tual retreat by Beijing and 
Washington from hopes of a 
major trade agreement leaves in 
doubt what President Bill Clin- 
ton can accomplish for U.S. in- 
terests when he hosts President 
Jiang Zemin in Washington 
next month. 

Domestic politics accounts 
as much as technical trade prob- 
lems for the reluctance of each 
side to take any chances in the 
now stalled negotiations on 
Chinese membership in the 
World Trade Organization. 

As final preparations for the 
summit are made, it becomes 
clear that China will gain toe 
vital legitimacy that a warm 
welcome in Washington will 
provide for Mr. Jiang’s rule, 
without giving up much on hu- 
man rights, weapons prolifer- 
ation or Taiwan. 

Beijing appears to have de- 
cided that WTO membership 
now is more trouble domest- 
ically than it is worth. It offered 
nothing of substance on trade, 
or on other key issues, to Mr. 
Clinton's national security ad- 
viser, Samuel Berger, during 
his August trip to China, ac- 
cording to accounts circulating 
within the administration. 

The White House has also 
progressively tacked away 
from the hopes once held by Mr. 
Clinton and Mr. Berger that the 
summit would clear the way for 
a WTO agreement The Chi- 
nese reluctance to offer any in- 
centives has made a trade ac- 
cord too big a political risk for 


By Jim Hoagjand 


Mr. Clinton and particularly for 
Vice President A1 Gore’s pres- 
idential ambitions. 

“This is too sensitive an is- 
sue for his future for Gore not to 
have a big hand in it,” says a 
senior administration official. 
Adds a middle-level player in 
U.S.-Chinese relations: “All 
the pressure from the White 
House has disappeared. The 
Chinese have played hard to get 
on this issue, and we have de- 
cided it is not worth the trouble 
it would take.” 

Mr. Berger met with Mr. Ji- 
ang and with Prime Minister Li 
Peng at the northern beach re- 
sort of Beidaihe hoping to nail 
down substantive details and 
some political concessions for 
the summit, scheduled for the 
third week in October. But the 
internal accounts suggest that 
the Chinese concentrated on the 
red carpet and protocol details. 

Mr. Jiang has made clear to 
China's foreign policy bureau- 
cracy that his trip should match 
in publicity ana signs of hos- 
pitality Jimmy Carter’s extra- 
vagant welcome in 1979 for 
Deng Xiaoping, who visited a 
Houston rodeo and captivated 
American audiences with his 
pithy witticisms. 

Such public hoopla would 
qualify toe summit as “histor- 
ic” for Jiang & Co., who do not 
want serious discussions on hu- 
man rights abases in China or 
On toe conflicts over Taiwan or 


on sending arms to Iran that 
have troubled U.S.-Chinese re- 
lations since 1989. 

“We won’t really know if toe 
Chinese are ready to do any 
business at toe su mmi t until 
Sept. 23,” when Secretary of 
State Madeleine Albright meets 
the Chinese foreign minister at 
toe United Nations in New 
York, says one U.S. official. 

Recent high-level U.S. and 
Japanese visitors to China be- 
lieve that Mr. Jiang decided 
some months ago to take the 
WTO negotiations off toe table 
as a U.S-Chinese issue. 

China has been seeking U.S. 
agreement for lengthy and rel- 
atively painless transition ar- 
rangements for WTO member- 
ship, which requires an end to 
government subsidies for ex- 
porting industries and an open- 
ing up of the domestic market to 
imports. Joining the WTO 
would also require China to al- 
low its trading partners to mon- 
itor these changes. 

These steps would require 
closing many of China’s state- 
owned enterprises and firing 
tens of millions of workers. Mr. 
Ziang is not ready to make that 
kind of deal without big help 
from the United States. 

But a deal that might boost 
China's already burgeoning 
trade surplus with America 
would be a political calamity 
for Mr. Clinton and Mr. Gore 
three years from now. Historic 
is fine, but power is better, both 
sides seem to have decided. 

The Washington Post. 


going Prime Minister Li Peng, 
this is a clear signal that Mr. 
Jiang is not interested in further 
political or legal reform. 

• Watch to see if toe position 
of chairman of the Chinese 
Communist Party is recreated. 
The post was abolished by Mr. 
Deng after Mao Zedong’s 
death, but Mr. Jiang has re- 
portedly been seeking to resur- 
rect it for himself. 

. • The military composition 
of the Central Committee is ex- 
pected to rise to 25 percent, toe 
highest percentage since toe 
1 1th party congress in 1977, 
reflecting toe vital importance 
of toe armed forces to the 
party’s internal and external 
goals. The new membership 
will be decidedly technocratic 
and middle-aged, with ideo- 
logues and elders sidelined. 

• Read Mr. Jiang’s “work 
report” carefully, and watch to 
see if it is publicly released at 
the start or close of toe con- 
gress. If toe latter, it is a sign of 
continuing debate. 

See how he finesses toe issue 
of the relevance of Marxism- 
Leninism to today's China and 
world, and thereby deflects toe 
continuing challenges he faces 
from the left. A key measure of 
this will be the section on how 
to define toe Marxist hallmark 
of the public ownership of pro- 
duction — what percentage of 
the economy remains in the 
state sector. Mr. Jiang's oppo- 
nents have made this a gauge of 
whether toe party has aban- 
doned socialism. 

• See how Mr. Jiang and the 
party handle toe sticky issue of 
state-owned enterprise reform. 

• Watch for any movement 


toward, or mention of, political 
reform. The “D WQj^ r £d*£ . 
mocracy) will likely be used M ; 
Mr. Jiang’s work report (as inj 
“China is building a modern! 
socialist, democratic, powerful* - 
nation”), but be surprised if the* . 
congress mentions any specific] '• 
steps in toe direction of political 
liberalization. 

• Watch to seehow much Mr}'--;. : 
Jiang cloaks himself in Mr/ - - 
Deng’s legacy. Is he secure] 
enough to break free of Mr}' .' 
Deng's dictates, or does he nee© 
to invoke them? 




..vr-" ; 

'K ^ 


The congress will usher, iris 
toe post-Deng era and bring' tdft 
power a new generation of learH 
ers who have a bold , vision foe 
economic reform but tremble at* 
toe thought of political refonn> 

As one of only four govern-^ 
ing Communist parties left-ini 
the world, toe Chinese party is! 
anachronistic. Given the fofoe^ . 
and frustrations unleashed;^ 
China — social, criminal, 'ecb-^' 
nomic, political, environment) 

taL nationalistic — the Com-* 
munis ts will be lucky to/hoMM ’ 
16to or 1 7to congress five andj 
10 years hence. . u ‘ 

With their legitimacy' badfyf 
eroded, China’s leadets know* 
well that their central task isj 
simply to hold on to power rYetf; 
that power is slipping inexor-j 
ably with every passing ^ay- ■ • 

The writer is professor :-‘4$ 
political science and internal 
tional affairs and director qf toe* 
Sigur Center of Asian Studies tiff 
George Washington University * 
He contributed this to the In -¥ 
temational Herald Tribune . .3 


■— ■ • w- 


■4 

IN OUR PAGES: 100, 75 AND 50 YEARS AGOl 

1897: Honduras 6 Sold 5 ^ Armistice was signed^ 

NEW YORK — An agreement ^ ^ 

has been come to b*JE2?S at8 J*3 

Valentine Syndicate and toe S 

Republic of Honduras bv which ^Twt P ^ g a f se f hODS ; *9*2 
the syndicate practically buys 

out the country. Honduras sur- £«*E° ran “ ° f ^ d , 

renders aU the functions of gov- ' 

eminent to toe syndicate while S -^f y ' V *** 
the syndicate aiumes the re ^ m ^ i ? oaDtries ’ white civil-* 

spoosibility for toe debt to Eng- ^ Ul0n 15 doomed.” 2 

land of $35,000,000. settles or 4 ■ ’ : 

compounds other debts, com- LJ47: Aid for Europe *- 

GSStiSSSSZ - Secretary^ 

colonizes and builds up the ? Sul J. e Geor S e C. Marshall said“ 
country generally. 1631 Europe must have some 1 ; 

temporary aid this year which - 

1922: Kipling Angry 

NEW YORK — In an interview ^Ueved a special session ofi 

published in the New Ynrfr ^° n ^ ress to he necessary. His* 
“World.” Rudyard Kipline hit ? atemenl CZniC on toe heels ofj 
icily assails the United States for T ^5°* » P lea fforaLondon- , 
coming into the war two years ^ ^ United States should*! W 
late and quitting early. Kiplmp assun,c ? ,ai S e s ^ are of Britain’s* 
is especially bitter because the if CU i >at i? n 00518 “ Germany^ 

United States withdrew as soon ^ e ? lined to estimate how* 

0 mi, cb aid may be required. 2 













INTERNATIONAL HE RALD TRIBUNE, THURSDAY, SEPT EMBER 11, 1997 

OPINION/LETTERS 


PAGE 9 


v. The Arab War on Israel: 
50 Years and Counting 


By A. M. Rosenthal 


N EW* YORK — The "peace 
process" between Arabs and 
Israelis has been going on not for 
four years since Oslo but for 
the half-century since the found- 
ing of Israel. Almost all the while 
rt has been the Israelis who have 
been offering peace and the Arabs 
who have been answering with 
acts of war. 

But every time an Arab bomb 
goes off in an Israeli marketplace 
or bus the world reacts as if it were 
the first. How terrible; active 
4 * ‘talks’ ’ musi resume. Israel must 

* make more concessions. 

All the Arab bombs that ex- 
ploded through the decades, all the 
Arab armies that invaded Israel 
again and again, all the anti-Jew 
hate propaganda that has befouled 
the Mideast for decades, the years 
of Arab attempts to strang/e Israel 
economically, all are mentioned 
barely or not at all, as if history had 
no meaning. It does. 

To change history in the 
Mideast, America must first ac- 
knowledge the reality of the half- 
century Arab war against Israel 
and the overriding importance of 
demonstrating its end. Otherwise 
the visit of Secretary of State 
Madeleine Albright wUl at best be 
another short pause before the 
Arabs resume their strategy of vi- 
| % olence against the nation and 
' people of Israel. 

When the UN recognized the 
Israeli state, the Jews had accepted 
— and the Arabs had rejected — a 
partition plan that would have giv- 
en Palestinians an independent na- 
tion. The Israelis had offered peace 
within their dangerously narrowed 
confines. But Arab armies attacked 
and Jordan annexed what the world 
calls the West Bank and Jewish 
history calls Judea and Samaria. 
The Jordanians took over the cher- 
ished center of Jerusalem, banned 
all Jews not killed or driven oul 
Israelis still dreamt peace. They 
did not attempt to take the West 
Bank until 19(57, when Arab na- 
tions were stupid enough to attack 
again, and lost it all to Israel, and 
more. But when one, just one. 

f Arab leader was willing to make 
peace in 1977, Israel returned the 
huge Sinai to Egypt For this An- 
war Sadat received the bullets of 
Egyptian military assassins. Israel 
recerved Egypt's idea of peace — 
nastiness and insult. 

Yet for most of the years since, 
Israelis, official and private, kept 


holding out peace offers — this 
new boundary line or that the shar- 
ing of water and electric power, a 
joint economic rose garden. 

From Arabs came more acts of 
war — shelling, direct or by proxy 
from Lebanon, world economic 
boycott, ceaseless vilification at 
the UN. Unable to defeat the army 
of Israel, Arabs struck with hun- 
dreds of acts of teirorism. 

In 1993 Yitzhak Rabin decided 
to reverse himself, return most of 
the West Bank and create the foun- 
dations of a Palestinian state for 
Yasser Arafat. Terrorism did not 
end, not (hen and not after Ben- 
jamin Netanyahu was elected. 

Mr. Netanyahu accepted what 
was written in Oslo, including the 
return of Hebron, which Labor did 
not dare cony out But he would 
not accept Palestinian demands 
not agreed to at Oslo — the end of 
Jewish building in Jerusalem, the 
return of ail the West Bank and a 
Palestinian capital in Jerusalem. 
Terrorism went on. 

Meanwhile, Iranians and Iraqis 
slaughtered each other, Syria oc- 
cupied Lebanon, Iraq started the 
Gulf War and Arab despots and 
fundamentalists murdered their 
brethren. None of these wars and 
atrocities had a thing to do with 
IsraeL Bui the myth continued that 
if only Israelis would make enough 
concessions to Palestinians peace 
would come to the Mideast. 

Perhaps the "peace talks " can 
be jacked up if the United States 
tries hard enough. But any new 
start-up would have to be con- 
ditional on security for Israel, this 
time proven in advance by Mr. 
Arafat's disarming terrorists, 
blocking their funds, arresting 
their leaders. 1 doubt he has any 
intention of doing that, certainly 
not to make it stick. The picture of 
him kissing the Hamas leader was 
meant to show that Mr. Arafat and 
the major terrorist group stood as 
one. It certainly convinced me. 

My own belief is that no lasting 
peace between Israel and Pales- 
tinians will come about until 
enough Arab governments are 
based on something better than 
bigotry and despotism. 

Arab governments that cannot 
make peace with their people and 
their /Gab neighbors are not likely 
to make peace with Israel, for a 
half-century their target to defile, 
their dream to destroy. 

The New York Times. 


Big Nanny Is Listening, 
So Choose Your Words 

By Nat Hentoff 


W ASHINGTON — Some 
years ago, as the Robespi- 
erre-like “political correctness” 
movement was taking root in col- 
leges across the United Stales, my 
son, Tom. was the editor of the 
student newspaper at Wesleyan. 

He was being pressured by his 
staff to mandate that the term 
"fteshperson" be used hence- 


ME AWHILE 

forth to identify all incoming stu- 
dents. "Freshman" would be 
tossed into the dustbin of sexist 
history. "Fresh woman" would 
also somehow be discriminatory. 

Tom. even at the risk of de- 
fenestration, would not be 
moved, insisting that language 
should not be politicized. 

Ideological distortions of lan- 
guage have not, of course, been 
limited to colleges. 1 have 
watched the movement's tendrils 
creep into mainstream newspa- 
pers and magazines as well as the 
epiphanies of politicians. Bui I 
never expected to see a guide to 
"correct" language as a special 
section in an otherwise reputable 
dictionary. 

The newest edition of Random 
House Webster's College Dic- 
tionary boasts more new words 
than any of its competitors. To 
their credit, however, none of its 
competitors has a chapter like 
Random House’s "Avoiding In- 
sensitive and Offensive Lan- 
guage." 

Ungrateful, 1 do not want a 


nanny dictionary earnestly in- 
structing me on how to avoid be- 
ing insensitive and/or offensive. 
If I want to be offensive, I know 
how to do that, and I don’t need a 
dictionary dedicated to making 
me feel guilty for not meeting its 
standard of propriety. 

Jesse Sheidlower, a senior ed- 
itor of Random House Reference 
& Information Publishing- tells 
me his new progeny "is nothing 
like a ‘speech code,’ but rather a 
straightforward, frank and, we 
hope, uncon troversial examina- 
tion of types of language that can 
unintentionally offend. " 

But this secular catechism also 
tells us thnt we should avoid 
41 ‘emphasizing the differences be- 
tween people.” Consider the au- 
thors over the centuries who have 
sinned grievously in this regard. 

We must also, says the policy- 
making nanny, think of language 
as a way "toward rectifying the 
unequal social status between 
one group and another.” 

Among the guidelines for 
gender-neutral language, “busi- 
nessman” is, of course, prohib- 
ited, and the leading approved 
alternative is “business person.’’ 
“‘Businesswoman" won’t do. 

Included is my favorite neutral 
replacement for “chairman.” To 
show "heightened sensitivity,” 
you are advised to use "chair." 
Then what do you call that on 
which the "chair” is sitting? 

Moving to ways of not of- 
fending entire countries, it is no 
longer sensitive to say that a 


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incorrect; 


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country is "underdeveloped.” 
Lest that description hurt the na- 
tion's feelings, you have to refer 
to it as a "developing" country, 
even if it isn’t. 

One used to be able to call 
someone “elderly," because 
that's what he or she was. But the 
Random House nanny tells us to 
say "older person” or “senior 
citizen.” 

So devoted are these docents 
of sensitivity that they deplore 
writing "Arab man denies as- 
sault charge." The properly in- 
offensive way of putting that is 
"Man denies assault charge.” 
Why not “human being denies 
assault charge?” Thereby men as 
a whole would not be offended. 

Also to be avoided in public 
are “sweetie, dear, dearie. 


honey." Even among people 
who like each other? Years ago. I 
was in a room with a civil rights 
lawyer who had gone through 
some of the fiercest battles on the 
southern front. He also had rep- 
resented women in gender dis- 
crimination cases. That day. in 
talking to a young woman, a law- 
yer, he used the term “honey." 
There was no sexual meaning to 
the word. 

The young woman was furious 
and verbally horsewhipped him 
for a long time. He kept shaking 
his head at what that one word 
had cost him. Words certainly 
can wound, but quickness to be 
offended by any language that 
might be “inappropriate" does 
chill the way we live with each 
other. 


But the language nannies will 
continue to multiply. Think of 
what they have done to "Con- 
sider the lilies, how they grow, 
they neither toil nor spin.* ' In the 
Contemporary English Version, 
that biblical passage has been 
made more accessible to us all: 
"Look how the wildflowers 
grow. They don’t work hard to 
make their clothes.” 

Or "What is man, that thou art 
mindful of him?” That King 
James passage has become, in the 
New Century version, “But why 
are people important to you?” 

Or. as T. S. Eliot said — in a 
line that could apply to the tamers 
of language — “We had the ex- 
perience but missed the mean- 
ing.” 

The Washington Post. 


LETTERS TO THE EDITOR 


Two Women 

To appreciate and honor 
Mother Teresa’s legacy, it is 
not necessary to disparage nation- 
al development efforts and 
"monumental anti-poverty pro- 
grams administered by bureau- 
crats,” as Pranay Gupte pats it 
( “Fighting Against Poverty, 
One Hovel at a Time." Opinion, 
Sept. 9). 

By the same token, why the 
skepticism about those who are 
driven to serve the poor for the 
“salvation” of their own souls? 


(“But Less Concern for Bodies 
Than for Souls?" Opinion, Sept. 
9). 

The world needs the courage, 
faith and compassion of individu- 
als as well as development or- 
ganizations and their programs to 
fight poverty and underdevelop- 
ment. 

MANZOOR AHMED. 

Tokyo. 

The writer is director of the 
Unicef office in Japan . 

There are countless troubles in 


the world today. Had Mother 
Teresa and Diana lived longer, the 
world would still have these prob- 
lems. Heaping praise upon these 
two women in no way helps the 
world, bnt following their ex- 
amples does. 

Both women emphasized per- 
sonal contact with “real” people 
in a world that is becoming in- 
creasingly dehumanized. Both 
have been praised for their ability 
to understand and empathize with 
people from all walks of life. 

It seems the most meaningful 
tribute to Mother Teresa and Di- 


ana would be to carry on their 
work. By listening to others with 
open hearts and minds, these two 
women showed that people can 
make die world a better place, one 
person at a time. 

LOUPRIVEN. 

Berlin. 

In contrasting the public reac- 
tions to the deaths of Diana, Prin- 
cess of Wales, and Mother Teresa, 
I find a sad comment on our 
times. 

Mother Teresa toiled for nearly 
SO years in squalid conditions and 


actually did something concrete. 
Diana’s death was certainly a 
tragedy, but to make her a saint or 
an icon is wholly unwarranted and 
confirms the declining state of so- 
ciety's values. 

We look up to entertainers — 
and let's not fool ourselves, Di- 
ana’s value to the tabloids was for 
entertainment purposes — rather 
than to the hardworking teachers, 
nurses and others who work every 
day in a ngl amorous settings for 
the public good. 

HOWARD M. UEBMAN. 

Brussels. 



V 


h 









PAGE 10 


INTERNATIONAL ttfrALP TRIBUNE, THURSDAY, SEPTEMBER 11, 1997 


IMEBIWIONAL 


Democratic Ex-Chairman 
Defends Contacts With 
Officials to Aid Donors 


By David E. Rosenbaum 

Hew fori Times Service 


WASHINGTON — Donald Fowler, 
the Democratic Party chairman dunng 
last year’s election campaign, has ac- 
knowledged publicly tbar he intervened 


official of the National Security CoundJL 
Mr. Hotung’s wife, Patricia, a U.S. cit- 
izen, donated $ 100,000 to the party. 

No evidence was offered Tuesday that 
government policy was changed be- 
cause of Mr. Fowler’s intervention. 

It is probably not against the law for 


witha^mois&adon officids on behalf of someone like Mr-Fowtaio m^e 


same ofthe party’ s i^e, snpponer, _ ^ of a dono^bu. 


Nti- FOwter the most prominent the Democratic National Committee’s 
Democrat to testify thus far in the hear- guidelines warn staff members against it 


erly. even though the party s Official 
legal guidelines for fund raising seem to 
put intervention with government agen- 
cies out of bounds. 

“I believe it fully appropriate for the 
head of a national party to secure a 
meeting for a supporter with an ad- 
ministration official and to advocate a 
worthy cause,” Mr. Fowler declared. 

But Republican senators took sharp 
issue with that view. They were especially 
critical of two instances in which doc- 
uments show that Mr. Fowler contacted 
the CIA at the behest of Roger Tamraz, an 
oil financier with a questionable repu- 
tation who donated $300,000 to various 
Democratic Party entities. 


in strong and explicit language. 

Senator Susan Collins, Maine Repub- 
lican, asked Mr. Fowler how he could 
reconcile his actions with the guidelines. 

**I am not a staff member of the 
Democratic National Committee,” he 
responded. ”1 was a chair of the Demo- 
cratic National Committee, and there is a 
clear difference there.” 



U.K. to Hold 

Inquest for 
Diana After 
Paris Inquiry 


/ 1 {1 


iW 




K!' 


W i! ' 1 ' 


ByTomBuerkle 

fHiernariuna! Herald Tribune 


Jan HiiDAIidrr'Rmlm 


Gore’s pfaone Calls Defended Secretary of State Madeleine Albright and Prime Minister Benjamin Netanyahu in Jerusalem on Wednesday. 


Vice President A1 Gore was not told 
that some donations he solicited went into 
a Democratic Party account that promp- 
ted a Justice Department review into the 


ISRAEL: Albright Opens Effort to Revive Mideast Peace Talks 


need for an independent counsel, a party 
official testified. The Associated Press 


Continued from Page 1 


The Associated Press proceed in tandem with — not as a 


reported Wednesday from Washington. 
Joseph Sandler, general counsel of the 


Mr. Fowler's approach to the CIA was. Democratic National Committee, said 


first disclosed last spring, but Tuesday 
was the first time the corroborating doc- 
uments became public. 

Yet Mr. Fowler said repeatedly that he 
bad no recollection of having called the 
intelligence agency to press the case of 
Mr. Tamraz. who was hoping for support 
from the administration for his plan to 
build an oil pipeline across Asia from the 
Caspian Sea to the Mediterranean. 

Senator Don Nickles, Republican of 
Oklahoma, said he found Mr. Fowler's 
failure to remember incomprehensible. 

The investigators on the Senate Gov- 
ernmental Affairs Committee addressed 
two other instances in which Mr. Fowler 


that Mr. Gore “would have no reason 


substitute for — full implementation of 
the Oslo agreement. 

Mrs. Albright obtained no specific 
commitments of any kind from Mr. Net- 


whatsoever to be aware the DNC — after anyahu that she could offer to Mr. Arafat 


the fact and without the vice president's 
knowledge” put money in the account. 

Testifying at a Senate hearing, Mr. 
Sandler also said calls made by Mr. Gore 
from his White House office “were en- 
tirely legal and appropriate.” 


when they meet in the West Bank city of 
Ramallah on Thursday, officials said. 

Americans said they recognized that 
Mrs. Albright was in a bit of a delicate 
position here because she was arguing 
two seemingly contradictory proposi- 


tions. One states that Mr. Arafat will be 
unwilling or unable to sustain a con- 
certed fight against terrorism unless Mr. 
Netanyahu gives him some of the polit- 
ical and economic sweetenere called for 
in the peace agreement 
The other states that Mr. Arafat and his 
Palestinian Authority have an obligation 
to wage an all-out campaign against ter- 
rorism and Israel doesn’t owe them any- 
thing to induce them to undertake iL 


fortunately much of this is intended for 
show.” He said Israel wanted an all-out 
effort “to catch the sardines, not the 
sharks” by breaking up groups of po- 
tential terrorists and arresting their lead- 
ers. A U.S. official said Mrs. Albright 
shared the Israeli view that Mr. Arafat 
had not done enough to crush terrorism. 
Asked to define “enough,” he replied: 
“We’ll know it when we see it." 

But he added that it would include 


Mr. Netanyahu derided reports of steps taken voluntarily instead of under 


large-scale arrests by Palestinian law 
enforcement officials, saying that “un- 


Senate Votes to Reverse Tax ‘Windfall 5 for Tobacco Companies 


intervened to help a large contributor. 
In one case, he called the Interic 


In one case, he called the Interior 
Department on behalf of Indian tribes 
who wanted to block a casino that other 
tribes wanted to build in Wisconsin. 

In the other case, he arranged for a 
Hong Kong businessman, Eric Hotting, to 
meet and have his picture taken with a top 


The Associated Press 

WASHINGTON — In another assault on tobacco compa- 
nies, the Senate voted overwhelmingly Wednesday to block 
cigarette makers from reducing the price of a national set- 
tlement by the amount of a new tax increase — up to $50 
billion. The vote was 95 to 3. 

The provision was slipped quietly into the tax-cut le- 
gislation that Congress passed and President Bill Clinton 
signed last month. 

It said that the industry could limit the cost of a proposed 
$368.5 billion settlement by deducting the amount of revenue 


that is expected to be raised from a gradual 15-cent-a-pack 
increase in the federal cigarette tax. 

Senator Dick Durbin, Democrat of Illinois, called the pro- 
vision “a $50 billion windfall" for the industry. “The tax- 
payers should not be underwriting the cost of the settlement,” 
said Senator Durbin, who failed to snip the provision from the 
bill because of Congress's desire to recess for August. 

Tobacco companies have agreed to pay S368.5 billion over 
25 years to settle dozens of state lawsuits against them in 
exchange for legal protection and restrictions on government 
regulation of nicotine. 


pressure and the volunteering of infor- 
mation “ before we already have it." 

Wednesday evening, Mrs . 1 Albright 
made her first visit to Yad V as hem, the 
Holocaust memorial and museum. 

For Mrs. Albright, who discovered 
only this year that her grandparents were 
Jews who perished at the hands of the 
Nazis, the ceremony in which she re- 
kindled Yad Vashem's eternal flame 
was nor only a statement of respect for 
Israel but part of her personal quest to 
lean more about the fate of her rela- 
tives. 

Last week she went to the Czech 
Republic, where she was bom, and vis- 
ited the Terezin concentration camp 
where her grandparents died. 


ALGERIA: Power Struggle Hinted 


Continued from Page 1 


leading official of the Islamic Salvation 
Front, Mohammed Dneidni, who said 
Tuesday that the government was di- 
rectly responsible for the recent 


slaughter and warned that there would be 
a military coup “in the coming days." 


a military coup "in the coming days." 

Western officials said there had been 
negotiations in recent weeks between 
the government and the military wing of 
the Islamic Salvation Front and that 
bard-liners in the government had op- 
posed these talks. The rising tension in 
the government reflected these differ- 
ences. 


arriving on trucks, both took place close 
to military barracks or police stations. In 
neither case was there any sign of an 
attempted intervention by the author- 
ities. • • . • 

Many observers have concluded that 
hard-line members of the government 
have been predated to tolerate, or even 
initiate, the attacks. 

They may have been carried out by 
“patriotic groups” — civilians armed 
by the government with the avowed aim 
of bolstering the stand against Islamic 
guerrillas. 

The hard-liners' purpose, diplomats 
said, was to discredit those inclined to- 


These tensions have been the object of ward negotiation at a time when the 


increasingly heated debate in Algiers 
this week, diplomats said. 

■ The attacks on Sidi Rais and Beni 
Messous, carried out by hooded men 


ENVOY: 

* 

Return to Vietnam 


Continued from Page 1 


Chop and Nguyen Danh Xinh, are still 
Mive, and they were the ones Mr. 
Peterson came here to see. 
i The media circus trailed Mr. Peterson 
through the rice straw-strewn village 
lanes to Mr. Chop’s house. Mr. Chop, 
Whose name translates as Catch, has 
^imself become something of a celebrity 
after Mr. Peterson's ambassadorial nom- 
ination. The two men grasped hands and 
Mr- Peterson was invited inside, where 
{hey exchanged stories about the capture 
and drank tea. 

Mr. Peterson confessed how 
frightened he had been when captured. 
“I sensed there was a very good chance 
I would not survive that night,” he said. 
Indeed, as the bruised and battered Mr. 
Peterson lay in the dark in a village hall, 
h was Mr. Chop and his colleagues who 
became his unlikely guardians and 
warned off angry villagers. 

: Mr. Peterson was dearly moved by 
tbe experience of his retnm, but he had 


release from prison on July 15ofaleader 
of the Islamic Salvation Front, Abassi 
Madam, has already provoked tensions 
in the government 

In a sign of those tensions, Mr. 
Madani was placed under house arrest in 
Algiers last week, less than two month 
after his release. 

“To release him and then arrest him 
again suggests incoherence at best and 
perhaps extreme tension within the gov- 
ernment," said a Western official. 

Mr. Madani’s mistake, apparently, 
was to respond to an appeal late last 
month from the secretary-general of the 
United Nations, Kofi Annan, for “tol- 
erance and dialogue” in Algeria. 

Through his son, Abbas Salman, Mr. 
Madani said he was ready to make 
“make an appeal for an end to bloodshed 
and the opemng of a serious dialogue.” 

The Algerian government, wary of 
any foreign intervention after 132 years 




Tourist Fined for Stealing 
Teddy Bear Gift to Diana 


Stdltvdl/Thc .V.v*.ined Prr™ 

Fafoio Piras, who was fined for stealing the teddy bear, was 
punched in Die face by an assailant as he left the court. 


The AssueuneJ Press 

LONDON — A Sardinian tourist who side a 
teddy bear from among the floral tributes to 
Diana, Princess of Wales, was fined Wednesday 
for what the conn called a “particularly mean 
and unpleasant theft” 

Fabio Piras. 20. pleaded guilty at Bow Street 
Magistrates Court- He said he took the white 
teddy bear and an attached condolence card — 
which had been left by a child — from St. 
James's Palace on Tuesday as a present for his 
girlfriend. Mr. Piras was very sorry and ashamed, 
his lawyer said. 

"The court takes a serious view of this mat- 
ter,” Magistrate Lorraine Morgan told Mr. Piras. 
She initially sentenced him to seven days in an 
institution for young offenders but after giving 
“further thought to the sentence” imposed a fine 
of £1 00 fS 160), with the seven-day jail term to be 
reinstated if the fine is not paid in seven days. 


LONDON — Britain will conduct aj 
inquest into the deaths of Diana, Pri4 
cess of Wales, and Dodi al Fayed, bdj 
only after French authorities establish 
the cause of the automobile crash that 
killed them and conclude any criminal ^ 
proceedings in the case, British officials^ ^ 
said Wednesday. 

Those procedures will delay for some 

months or more the release of findings ofj 

postmortem examinations that were, 
conducted at a mortuary in the Fulham^ 
area of southwest London on Aug. 31 ;B 
immediately after the bodies of Dianft 
and her companion were returned, sep^ 
arately, to Britain, officials said 
The inquest is supposed to determine, 
tbe cause of death and could shed lights 
on the condition of Diana and Mr. al 
Fayed on the night of the accident 7 
“Until we have a full report, there is; 
no chance of an. inquest” said Keifljj 
Brown of the Surrey County Coroner’s 
Office, referring to the official French^ 
investigation of the accident The officer- 
headed by the coroner, Michael Burgess^ 
is handling the inquest into the death q£ 

Mr. al Fayed because he was buried iijj dL 
the county. ** 

The Surrey Coroner's Office has i 
sued only a one-sentence statement say- 
ing that “an examination was carnal out 
by a Home Office pathologist” Of^ 
ficials declined to say whether a futy 
autopsy was conducted. 

Mr. Brown said the office had re^ 
eeived no report of any postmortem ex-j 
animation by French authorities. - s 
Dr. John Burton, the coroner to Queeqj 
Elizabeth LL is in charge of the inquest! 
into Diana's death. Neither he nor Buck- 
ingham Palace has released any infor- 
mation about the investigation, except ta 
say that an inquest will be held in due; 
course. Other sources, however, have 
said that an examination was conducted! 
on Diana's body. 

Although officials could not say when 
the inquest would be held, sources at the,' 
Home Office, the government depart-^ 
menl that oversees the country's cor- 
oners, indicated that it would take place at ™ 
Sl James’s Palace, the royal palace where 
Diana's body rested before her funeral 
Under English law, the coroner must - 
hold an inquest into any overseas death 
of a Briton that does not result from 
natural causes. But the law gives the . 
coroner considerable discretion over the . 
extent of examination anef^he- inquest i 
proceedings. ' 

An inquest must be held in public, for 
example, but the coroner can. keep cen* 
tain details private by holding some df 
the proceedings in camera. 

An inquest is intended to detenmne. 
the place, time and cause of death. D; 
does not attempt to assess blame,"' 
something that is left to the courts. * 

The two coroners have asked the Lon* 
don Metropolitan Police to liaise with 
French authorities to keep them abreast 
of the crash investigation, officials said.- 
A police spokeswoman said that a Brit- 
ish police officer was sent to Paris ext 
Wednesday, and that two officers 
traveled to Paris last week to follow die 
French investigation. 


Bioin- I ! 


w 


DIANA: With Mix of Drugs and Alcohol, Driver 4 Should Never 9 Have Been at Wheel 


Continued from Page 1 


body was slumped halfway out oF the car 
with her aims resting on tbe back of die 
seal in front of her. 


died three and a half hours after the crash 
in a Paris hospital. 

The Ri tz declined to comment 
Wednesday on the results of Mr. Paul’s 
blood-alcohol test, saying it would have 


knocked-out but conscious," the doctor 
told the newspaper. “All around her, 
there were photographers machine-gun- 
ning her. They were just a few cen- 
timeters from her face.’ ’ 

Diana groaned, struggled a bit and 
murmured, “Oh my God,” Le Pari si en 


agitated, half nothing to say until the investigation was 


of French colonial rule and a war for reported, and then said: “Leave me 

InHpfVirirlAnPA ffoot tivdr mnro thon o mil n Una T n Innn 7 * TUrt - -" 


independence that took more than a mil- 
lion lives, immediately rejected Mr. An- 
nan's appeal as a form of intrusion. 

Mr. Madani was told to remain silent 


alone. Leave me alone.” The princess 


complete. Last week, Mohamed al 
Fayed, Dodi al Fayed 's father and owner 
of the Ritz, released hotel security tapes 
that showed Mr. Paul entering the hotel 
after he was called back to work Sat- 
urday evening and walking down the 
ball. In the brief moments he appears on 
tape, he is not visibly impaired. 

An expert said Wednesday that a 


chronic alcoholic would be skilled at 
hiding the effects of alcohol, yet would 
be extremely impaired behind the wheel 
of a car. Ralph Hingson, chairman of the 
social and behavioral sciences depart- 
ment of Boston University's School of 
Public Health, said the range of alcohol 
consumption needed to reach the 1.75 
level in Mr. Paul’s blood would be eight 
to nine drinks on an empty stomach, 
more if he had eaten. 

“A person with that level of blood 
alcohol is typically found in fatally in- 
jured drivers in auto-related crashes,” Mr. 
Hingson said. “A person at that level has 


no business being behind the wheel" 
Two magistrates are investigating the 
crash, for which nine photographers and 
a motorcycle driver have been placed! 
under investigation for involuntary 
homicide and failing to aid the victims^ 
The patient instructions for Prozac 
here say: “This drug can modify at- 
tention and reaction capabilities. This 
should be kept in mind when driving 
vehicles and using machinery." The in- 
structions for Tiapridai. a brand-name 
drug containing tiapride, say simply: 
"Abstain from alcoholic beverages dur- 
ing the course of treatment." 


ciosS^ 


Mr. Madani was told to remain silent 
and was confined to his home. 

“With the release of Madani, it seemed 
that the moderates in the government had 
the upper hand,” said Benjamin Stora, a 
French historian and expert on Algeria. 

“What these massacres and his re- 
newed imprisonment seem to suggest is 
that the hard-liners are fighting back.” 

Broadly. Mr. Zeroual is supported by 


TIMOR: Letter to Indonesian Leader Probes for Solution to Long-Running Rebellion 


ORD 


Continued from Page 1 


hailed as an important historical bequest 
to humanity." 

The former Australian foreign min- 
ister, Gareth Evans, who signed the letter, 
said in an interview from London that it 


Timorese factions was apparently rak ing ward ending autonomous status for Aceh Timor after Indonesian forces invaded im 
place with Mr. Suharto s blessing. and Yogyakarta, he said, “the govern- 1975 to crush a unilateral dSSrariim 
They said that the outlines of a pos* ment believes it will be inappropriate and independence hv Fretilin tin* Rwnhi 4 ' 1 
iible solution emerged lasl montfi when counterproductive ,o ^s^itSTu tion^Fron' & S l^Tdent ^; 
Portuguese television carried an inter- lonomous region status to East Timor.” Timor, Lisbon stilli reSX area^ 
view with koms Santana, the leader of He added, however, “We are willing part of its soverJ 
guemllas in East Timor. Mr. Santana to give them autonomous rights without Clnited Nations recognizeTSortueal a£5 
indicated that instead of continuing to crossing the line into a special auton- the administering po^r in E^tTimo^ 
demand independence, hjs group might omous region." IndoneshmoffiSals said that lSS 

accept autonomy, in the way Puerto Rico Analysts said that Indonesia, the Suharto, who is 5i<£hded L 

18 rIJmwiJ 0 fritter- A U WOrId S * u “ h n?? st P°P ulous nation, is Africa in November for ta %s with Mr* 
But Mr. Alatas said Wednesday that concerned that if it grants a Puerto Rico- Mandela, was reluctant 


Timor after Indonesian forces invaded irt r 
1 975 to crush a unilateral declaration of f 
independence by Fretilin, the Revolu- ? 
tionaiy Front for an Independent East— 
Timor, Lisbon still regards the area as 


little time for reflection. The crowd of General Mohammed Beichine, a former was a “well intentioned effort to en- 


joumalists and officials moved on to Mr. 
Chop's wartime militia friend, Mr. Xinh, 
who was waiting in the yard of his house. 
Mr. Xinh embraced the new ambassador 
but seemed overwhelmed by the atten- 
tion. More tea was drunk and more sto- 
ries were told. 

Mr. Peterson, who was tortured, end- 
lessly interrogated and held in solitary 
confinement during his time as a pris- 
oner of war, has tried to put the past 
behind him. "I didn’T want to make a 
career out of being a prisoner of war,” he 
said the day before the visit to An 
Doai. 


head of military security, in a readiness at 
least to contemplate talks with those close 
to the Islamic Salvation Hunt and its 
military wing, the Army of Islamic Sal- 
vation. 

Against them stands General Mo- 
hammed Lamari, the chief of the general 
staff of the army and a man determined 
to destroy the Islamic movement. 

Few analysts say they believe that Mr. 
Zeroual ’s hold on power is threatened, at 
least for the moment. But if the attacks 
and the random slaughter continue to 
move toward the center of Algiers, and 
their scale continues to increase, the 


courage President Suharto to rethink his 
position on East Timor, which is ob- 
viously still causing Indonesia a great deal 
of pain in its international relations . 1 * 
Diplomats said Wednesday that Mr. 
Mandela's active involvement since Ju- 
ly in trying to help mediate a settlement 
between Indonesia, Portugal and East 


% *C*0$S 

.. 1 

lOvj- 

csr^'- 

lie-,. 

i s. 

: 




the administeringpower in East Timor.3 
Indonesian officials said that Mr*? 


is linked to the United States. 

But Mr. Alatas said Wednesday that 
granting special autonomous region 
status to East Timor was not possible, 
Reuters reported from Jakarta. Because 
the government already is moving lo- 


in d ones ian officials said that MKJ 
Suharto, who is scheduled to visit Soulfr 
Africa in November for talks with Mr« 
Mandela, was reluctant to consider an' 


like status to East Timor, other parts of early release for 

die sprawling Indonesian archipelago until there is further progress iowarTa? 
would demand similar treatment. n p *®® 5 “ ,war 9_ a » 


would demand similar treatment 
Although Portugal abandoned East 


CALCUTTA: India Prepares for the Funeral of Mother Teresa 


Continued from Page 1 


Mr. Peterson retired from the Air political situation could become ex- papers that this will ensure a continuing 
Force in 1981 after 26 years of service. * 1 «—•*- -«-» 


nmc m iyai aner zo years oi service, 
decorated with the Purple Heart, the Sil- 


ver Star and the Legion of Merit. He 
turned his hand to thecomputer business, 
and from 1991 to 1 995 was a U.S. House 
member from Florida. He played a key 
role in President Clinton's 1995 decision 
to normalize relations with Vietnam. 

In March 1996, Mr. Clinton nominated 


tremely volatile, diplomats said. stream of visitors. ditioners have been buttressed with 

There is an alternative theory to ex- The Missionaries of Charity, which fans, 
plain the massacres. made the decision not to bury Mother On Thursday, as foreign dignitaries 

It is that die Aimed Islamic Group, tbe Teresa until eight days after her death, begin to arrive, the Indian Army plans to 
most hard-line of Algeria’s insurgency faces daily questions about tbe stale of take control of the funeral an-angements, 
movements, has decided on a full-scale the body resting in the torpor of Calcutta and will drape the body in the Indian 
attack with whatever is left of its re- in a church with open doors. At least flag, over the modest wooden coffin 


Mother Teresa’s body lies in a glass 
case. 

Over the last 24 hours, these air con- 
ditioners have been buttressed with 
fens. 

On Thursday, as foreign dignitaries 
begin to arrive, the Indian Army plans to 


attack wife whatever is left of its re- 
sources in an attempt to sabotage local 
elections planned for Ocl 23 and to 


Mr. Peterson to be the first ambassador to demonstrate that Mr. Madam's release 


a reunified Vietnam, but he did not arrive 
in Hanoi until May 9 this year. 

Mr. Peterson emphasized that bis task 
in Vietnam is to focus on the future. “I 
come totally committed to improving 
our relations," he said. “There’s no 
hidden agenda. 


alone could not bring peace to Algeria. 

But this second theory, diplomats 
said, does not explain why government 


twice, the church has been closed for 
further embalming work. 

The Business Standard, a Calcutta fi- 
nancial newspaper, reported this week 
that the Carrier air-conditioning com- 
pany had broken all records in installing 


authorities remained so passive about 60 tons of what it described as “gar- 
attacks adjacent to the capital and to gantuan” commercial-size air condi- 
mihtaiy barracks, unless morale is low tioners in SL Thomas Church over the 
in the army and dissent is widespread, weekend to cool tile nave in which 


flag, over the modest wooden coffin 
wife silver trim that was used to bear her 
body to Sl Thomas Church on the 
grounds of Loreto Convent. 

U is still very unclear exactly who is or 
is not coming from foreign capitals, al- 
though the U.S. Consulate in Calcutta 
says it is confident that Hillary Rodham 
Clinion will be among them. 

Air traffic controllers at the Calcutta 
airport say that they are not sure they can 


handle the rush of aircraft, according to 
newspapers. 

The funeral of Mother Teresa will 
take place in an indoor stadium (now 
being redecorated) that is named for 
Subhas Chandra Bose, an Indian na- 
tionalist who flirted with Fascism during 
World War II. 

The government-run press agency, the 
Press Trust of India, published a long, 
unattributed anecdote: a dispatch listing 
more than a dozen reasons why Mother 
Teresa was more like Mahatma Gandhi 
than any one else in Indian history. 

"People reposed their faith in both as 
they were in the dress of millions and 
accepted poverty by choice," the news 
agency declared. “One is the mother «r 


settlement Mr. Gusmao is serving a 20 -’ 
year sentence, reduced from life 1 

■ An^ysts said that the major blockage! 
m the UN talks has been the insistence off 

M the Timorese resis-I £ 
5£L 311 act .of self-determination ; 

under UN supervision must be held in? 

with independence the! 
most likely outcome. * 

Jakarta insists that East Timorese op- 1 
! 5? “^ration with Indonesia in an! 



- e. t 
"p • 


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“ ° f se lf-<letennination in 1976 ind i 

uiai ns iflcorDoratinn ■Je TnJnn«..' n ’. -V7.L* 


n™, m S or POration as Indonesia’s 27th' 
province is not negotiable 

riltV r ii5 ntana ’ ^ East Timorese guer - 1 
l J a J er - appeared to offer a way; 
around this deadlock. V ! 

wiiJh 6 ' 18 *® to® view that any solution; 
Which gives the people of East Timor the i 
self-determination is! 

K3 ? ab, ?\ 1 hc sa,d - “Puerto Rico! 
iorms a viable working model.” ' 

...J!L e ^ribbean island has common-' 


jft x. ’ • 
, Jr 

va fc-. 


yjr UICRCWS Wealth L , wuiiuuil- 

agency declared. “One is the mother of cSStaSr Wh,Ch aUov ^ almost \ 

the people, the other the father of the relation? sc ' f ‘§°' ,e mmem. Only foreign i 
nation." an ° defense remain under US-' 


r, j.. iciiuui 

federal government control. 


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DMTERNATI01NAL HERALD TRIBUNE, THURSDAY, SEPTEMBER 11, 1997 


HEALTH/SCIENCE 


PAGE 11 


How to Handle Teens: 
Blueprint for Parents 

Family Ties Crucial, Study Finds 


SURVEY 


Teenagers and Drugs 

A nationwide Columbia University study asked 1, 157 adolescents 
aged 12 to 17 questions about drugs. A sampling of some answers. 


By Susan Gilbert 


N *"rorLUmnS« 




EW YORK — There is no 
shortage of efforts in homes, 
schools and communities to 
dlscou ? 2 e teenagers from 
drugs, smoking, drinking or hav- 

woriSrl* 16 queSdon is: What really 
1 32*? °° C aiiswer - fr °m a major study 
1 of adolescents, is thal families are more 
important than previously had been 
mougnt, perhaps as important as peers. 

ine portion of the study’s data that 
has been analyzed so far did not look at 
P 6 ®* pressure, but the findings call into 
question the idea that peer relationships 
ahpost completely eclipse family re- 
lationships in their influence over teen- 
agers’ behavior, said Dr. Robert Wil- 
liam Blum, one of the study’s 
researchers and the director of the Ad- 
olescent Health Program at the Uni- 
versity of Minnesota in Minneapolis. 
The primacy of peer relationships has 
been a widely held concept among pro- 
fessionals since the 1960s. 

“There’s been a pretty significant 
myth that peer groups are important and 
parents are nor. Dr. Blum said. 
‘.’We’ve focused so tremendously on 
P^ r pressure and instituted so many 
'» things to deal with peer pressure. And 
what this study is saving is that family 
environment matters’ ' ’ 

The National Longitudinal Study on 
Adolescent Health, a survey of roughly 
90,000 children, some of them 12 but "a 
vast majority teenagers, is the largest, 
most comprehensive study ever con- 
ducted on adolescent behavior in the 
United States. It will take a decade to 
analyze all the data; first results were 
published Wednesday in The Journal of 
the American Medical Association. 

“These findings offer the parents of 
America a blueprint for what works iD 
protecting their kids from harm,” said 
Dr. J. Richard Udry, ibe chief inves- 
tigator and a sociologist at the Carolina 
Population Center of the University of 
Noith Carolina in Chapel Hill. 

The most significant finding is that 
the teenagers who reported feeling close 
to their families were the least likely to 
engage in any of the risky behaviors 
studied, which included smoking 


marijuana or cigarettes, drinking or hav- 
ing sex. Nearly as important were high 
expectations from the parents for their 
teenagers’ school performance. To a 
lesser degree, having a parent home at 
important times of day. like after school, 
at dinner and at bedtime, was also as- 
sociated with less risky behavior. 

In addition, the study identified 
school characteristics thal were protec- 
tive. Whether die school was public, 
parochial or private mattered less than 
whether the students felt that their 
teachers cared about them and treated 
them fairly. 

In an accompanying editorial. Dr. 
Jonathan Klein, a pediatrician at the 
University of Rochester School of 
Medicine and Dentistry who specializes 
in adolescent medicine, wrote thq i many 
of the results confirmed what other re- 
search had found, like the benefits of a 
close ties at school and at home. 

The survey suggests that many pre- 
ventive measures used by schools and 
communities are misdirected. Dr. Blum 
said. “Most of the rules and regulations 
that schools institute, like suspending 
students for smoking on school 
grounds, don’t seem to have a signif- 
icant impact,” he said. “We invest 
heavily in rule development, but that’s 
not where the action is. The action is in 
adults’ connecting with kids." 

The study began in 1995 and was 
conducted in three phases. In the first 
phase, a hour 90.000 students from 
grades 7 through 12 at 145 schools 
answered questionnaires about them- 
selves. In the second phase, interviews 
were conducted with about 20,000 of 
those students and their parents in the 
students’ homes. In the third phase, the 
home interviews with the teenagers 
were repeated a year later. 


AGE 12 


71% 


My school is drug free v* 22 


1 would report someone 
using illegal drugs at 
school 

I would report someone 
selling illegal drugs at 
school 

I know someone who 
sells illegal drugs 

I know someone 
fairfy well who has 
used acid, cocaine 
or heroin 

Half or more of my 
friends use marijuana 

Teachers have a great 
• deal of influence over 
teenage dreg use 

I have never had a 
serious discussion 
with my parents 
about drugs 

Drugs are a teenager's 
biggest problem 



■'Xi-L'.'*'- : y : 26 

.'PC'.*-.: -v ■. 




15 






34 


50 









Source: National Cantor on Addiction and Substance Abuse at Columbia University 


The New York Time, 


A Humble Herb 
As Rival to Prozac 

Germans Prefer Plant to Drug 



T 


HE results published Wednes- 
day are based on 12,118 of the 
initial in-home interviews. On 
one level, the results are a 
report card on behavior. In the survey, 
25 percent of the students said they were 
current smokers. 1 1 percent said they 
had smoked marijuana at least once in 
the past month, 17 percent reported hav- 
ing had alcohol more than once a month 
and 3 percent said they had attempted 


suicide in the past year. In addition, 16 
percent of the 7th and 8th graders and 48 
percent of those in grades 9 through 12 
said they had engaged in sex. 

The researchers sought to identify 
particular characteristics of the families, 
schools or students that seemed to pro- 
tect against or promote risky behavior. 
The results were controlled for demo- 
graphic characteristics like sex, race and 
socioeconomic status. 

Certain factors correlated with lower 
risks in specific areas. For example, a 
teenager who had been a crime victim 
was more likely to be associated with 
violent behavior. And living in a house 
without easy access to alcohol, drugs, 
cigarettes or guns was associated with a 
lower likelihood of drinking, talcing 
drugs, smoking or using guns. 

Bat the only factor that was linked 
with a tower risk across the board was a 


close-knit family, the study found. 
Emotional closeness proved more sig- 
nificant than the amount of time that 
parents spent with their teenagers at 
home, calling into question a prevalent 
view among experts that parents can 
make a big difference by being home at 
important times of day. like after school. 
Dr. Blum said. Being home at such 
times was associated with a lower in- 
cidence of some behaviors, like 
smoking cigarettes or marijuana and, 
only among those in 9th to 12 grade, less 
frequent alcohol use. 

“What this study showed is that it is 
emotional availability far more than 
physical presence that makes the dif- 
ference,” Dr. Blum said. “You need to 
give your kids the message that when 
they need to talk to you. you're avail- 
able. even if it’s by phone, and that they 
matter.” 


Biologically, Adolescents Need to Sleep Late 


By Rick Weiss ‘ 

Washington Post Service " 


W ASHINGTON — Aarthi 
Belani, 17, still shudders 
when she recalls dragging 
herself out of bed each 
morning during her junior year of high 
school two years ago in Edina. Min- 
nesota. She would set her alarm clock for 
6:30, the latest possible time that would 
allow her to shower and run off to school 
in the cold and dark with no time for 
breakfast and her hair still wet. 

' School started at 7:20, a common 
opening time for high schools in the 
United Stales. It fell like the middle of 
the night to Ms. Belani and her class- 
mates. “It was an ungodly hour to be 
studying chemistry or something," she 
said. “In first period, 75 percent of the 
Idds would have their heads down on 
their desk at one time or another.” 

Now a growing body of research sug- 
gests that Ms. Belani’s fatigue and that of 
her classmates was the predictable out- 
come of a school schedule insensitive to 
teenage biology. Adolescents in their 
mid- and late teens, it turns out, have a 
physiological need for extra sleep com- 
pared with younger teens, especially in 
the morning hours. Yet adolescents typ- 
ically get less sleep as they mature, in part 


because most high schools start an hour 
or so earlier than junior-high schools. 

The new findings may be relevant to 
younger children, too. Research sug- 
gests that many behavioral problems in 
elementary and junior high school chil- 
dren, including some of the growing 
number of diagnoses of attention deficit 
hyperactivity disorder, are in part a re- 
sult of increasing sleep deprivation. 

“The main effects of insufficient 
sleep at these ages are behavioral and 
emotional changes,” said Dr. Ronald E. 
Dahl, director of the child and adoles- 
cent sleep laboratory at the University of 
Pittsburgh Medical Center. “It’s im- 
portant for parents to realize Otis, be- 
cause they can be unaware that their kids 
are not getting sufficient sleep. ’ ’ 

The discovery that adolescents have a 
biological need to sleep a little later in 
the morning was a surprise to Dr. Mary 
Carskadon, a Brown University sleep 
researcher who spearheaded early stud- 
ies of the phenomenon in the 1980s 
while she was at Stanford. 

‘The conventional wisdom was. ‘The 


they ' needed defied that wisdom by 
showing no decline in sleep require- 
ments with age. Given the chance to 
sleep as much as they wanted, teens slept 
an average of nine and a quarter hours. 

At first. Dr. Carskadon and her col- 
leagues assumed their findings reflected 
psychological or sociological aspects of 
adolescence, rather than a biological 
need for more sleep. Teens, after all, 
have many reasons to stay up late. 

However, Dr. Carskadon said, “re- 
cently we’ve found that the biology of 
the system is also pushing them later.” 




PECIFICALLY, Dr. Cars- 
kadoo and her colleagues have 
found that as adolescents ma- 
ture, their biological clocks 
undergo a hormonal "phase shift” that 
pushes their preprogrammed period of 
wakefulness about an hour later than it 
was in their early teens. The shift is due 
toa delay in the timing of a nightly squirt 
of the hormone melatonin from the 
pineal gland, deep inside the brain. 
Melatonin, which induces sleepiness, 
circadian pace- 


of sleep, it also pushes back by anhour or 
so the various phases of the coming 
night’s sleep. And if the wake-up hour is 
not also pushed about an hour later, then 
a key phase of the sleep cycle is trun- 
cated: the final hour of dreaming (also 
known as REM, or rapid eye movement) 
sleep, which researchers have identified 
as important to getting the feeling of a 
good night’s rest 

“A lor of people say, ‘Just put them to 
bed an hour earlier,' but it doesn’t work 
that way,” said Dr. Kyla Wahlstoxn, 
associate director of the University of 
Minnesota’s Center for Applied Research 
in Educational Improvement “Circadian 
rhythms don’t adjust like that” 


By Edmund L. Andrews 

New- York Times Service 

F rankfurt — it is a lush 
green plant with bright yellow 
flowers and a homely name: 
S aim -John’s- wort in English 
and Johann is kraut in German. 

For centuries people in many coun- 
tries used it to heal wounds and it found 
wide use in Germany as a tea that could 
soothe nerves and relieve melancholy. 

Doctors studied it and wrote about if 
and some gave it to their patients. But 
with the rise of modern pharmaceuticals 
in the 20th century it fell into disuse. 

Now. though, the ancient remedy has 
suddenly vaulted to international 
celebrity. A barrage of new clinical stud- 
ies report that true to the folklore, Saint- 
John’s-wort provides measurable relief 
to people with mild and moderate de- 
pression without the side effects of a 
drug like Prozac, which currently dom- 
inates the roughly $6 billion worldwide 
market for antidepressants. 

To be sure, pharmacologists caution 
that there are still important gaps in 
knowledge about the herb. There have 
yet to be any long-term clinical studies, 
so there is no information on the herb’s 
effectiveness as a “maintenance" treat- 
ment. Nor is there much data on the 
herb’s effectiveness against severe de- 
pression. or on the ideal dosage levels. 
The herb also has at leastone known side 
effect: a tendency to make skin more 
vulnerable to sunburn. 

Nevertheless, in Germany, where 
most of the new research has been con- 
ducted, high-strength preparations of 
Saint- John ’s-wort have become by far ’ 
the most popular anti-depressants on the 
market Available in grocery stores and 
pharmacies, the drug now outsells the 
nearest competitor, Prozac, by 4 to 1. 

That, in turn, is fueling a surge of 
scientific interest worldwide, including 
in the United States. New clinical stud- 
ies and articles on Saint-John ’s-wort ap- 
pear almost monthly. One book has been 
published in the United States this year 
and at least one more is on the way. 
People trade information about the herb 
on more than a dozen Web sites. And 
mainstream psychiatrists are be ginning 
to recommend Saint-John ’s-wort for pa- 
tients who do not like the standard 
drugs. 

Unlike common anti-depressants, 
which can only be prescribed by doctors 
and must be tested for safely and ef- 
ficacy before they are approved by the 
U.S. Food and Drag Administration, 
herbal remedies are not required to un- 
dergo such testing. Nor are makers al- 
lowed to claim specific medical benefits 
on the label. Nonetheless, doctors may 
recommend that their patients take herb- 
al remedies. 

“I started prescribing it about nine 
months ago, and I have had one success 
story after another,” said Dr. Norman 
Rosenthal, a psychiatrist and clinical 
researcher in Rockville, Maryland, who 
is now writing a book on the herb. “It is 
an effective substance in a number of 
people." 

The wide and growing use of Saint- 
John’ s-wort. or Hypericum perforatum, 
has been a considerable surprise to 


mainstream physicians and pharmaco- 
logists, who have long been skeptical of 
herbal remedies. Indeed, it was only 
after more potent new preparations of 
the herb began to soar in popularity in 
Germany that many of the new clinical 
studies were even begun. 

“As pharmacologists, we are basic- 
ally against herbal medicines because 
they arc always a mixture of ingredients 
that can change from year to year, like 
good wine and bad wine,” said Dr. 
Walter Mueller, head of the department 
of pharmacology at the University of 
Frankfurt and a leading clinical re- 
searcher on Saint- John's- won. 

“But the reality overcame us,” Dr.. 
Mueller said. “Patients wanted to treat 
themselves wiib bypericum extract and 
we realized that we needed to under- 
stand it bener. ” 

One such patient is Edith Matzner, a 
68-year-old retiree in the east German 
city of Chemnitz, who found herself 
falling into depression while her hus- 
band underwent cancer surgery' four 
years ago. Like many Germans, she was 
reluctant to take conventional drugs, - 
worrying about the effect of synthetic 
chemicals she did not understand. But 
then a trusted neighbor suggested that 
she try S ain i-John’s-w ort and she began 
drinking tea made from ir two or three 
times a day. 

“The effect was clear after lOdays," 
Mrs. Matzner said. “The fear that 
everything good was disappearing 
stopped after 10 days, and I could look 
forward with a completely positive at- 
titude and devote my strength to sup- 
porting my husband.” 




LKE BAER-RUDOLF, a cos- 
metician in Berlin, says she 
has been taking Saint- John’s 
extract regularly for years to 
alleviate what had been persistent stress 
and anxiety. “My doctor once sugges- 
ted that l take Valium, but I said no 
because I don't like to take synthetic 
drags,” she said: Her doctor then sug- 
gested the herbal preparation, which ap- 
pealed to her. “It immediately reduces 
my restlessness and nervousness,” she 
said 

Most people here take Saint-John’ s- 
wort three tunes a day in the form of a 
high-strength pill that contains about 
300 milligrams of extract These pills, 
first introduced in 1992 by a small com- 
pany in Berlin called Licht Wer Pharma, 
greatly increased the effects of the herb 
and set off a big jump in its use. Since 
1992, sales of hyperienra products in 
Germany have more than doubled to 
about $71 million this year. Hyperi- 
cum's share of the German market for 
anti-depressants climbed from 16.4 per- 
cent in 1992 to 27.3 percent in 1997, 
Licht Wer estimates. 

Experts in both Germany and the 
United States say that Licht Wer played 
a central role in the rebirth of Saint- 
John’s-wort. First, said Dr. Mueller, the 
new high-dose preparations were a big 
improvement over the traditional teas 
and oils. Beyond that, Licht Wer waged 
an aggressive campaign to establish the 
herb’s scientific credibility by commis- 
sioning rigorous studies at independent 
universities and laboratories. 


older you get, the less sleep you need, ’ ” helps set the body’s 
said Dr. Carskadon, who directs the E.P. maker, or biological clock. For reasons 
Bradley Hospital Sleep Research Lab- ibar remain unclear for now. it is secreted 
oratory in Providence, Rhode Island. at about 9:30 P.M. in young adolescents 
Her studies of children 10 to 17 who but at about 10:30 in older teens, 
were allowed to get as much sleep as That change not only delays the onset 



Fur t her Si gn s of Chang e 


GLOBAL MEAN TEMPERATURE 

The atmosphere has warmed by about 1 
degree Fahrenheit in the SOth century, 
according to the Intergovernmental Panel 
on Climate Change. 


| PRECIPITATION PATTERNS 

] Intense rainstorms and snowstorms have 
\ become about 1 0 percent more frequent in 
! the United States and southern Canada in 
\ the 20th century, government scientists say. 



CROSSWORD 


- ACROSS 
i Grade school 
floor sign 
s Chesapeake 
catch 

to Son of Judah 
14 Indian tribe 
is Magnificent 


is Scent detection 
device 

iv What's the point 
of annoying 
Lano's sheep? 
aoeo-Across, in 
other words 
21 Served 


MEDITERRANEAN 
YACHT MOORINGS 

For Sale 




l 


Contact 
Marco Recdtia 

COGEM AD 

TeL 33 4-93 633-633 

Fax:33 4-93 633-634 


a* Beverage cart 
locate 

2 B intention 

2 * Planetary paths 

se* will throw 

thee from my 

care . , Shak. 

so "Endymion" 
poet 

34 Happy 
post-accident 
statement 

35 U S. eUy in the 
American 
Revolution 

27 Best Actor 
nominee of 
1982 

3 B Singers Starr 
and Kiki took al 
each other 

41 Author LeShan 

42 Lowest A 
usually 

43 London's 

of Court 

44 Kind of disk 

45 is for two 

47 Nutritionist's 
amts. 


50 U-S. foe oil 898 
St 38- Across, in 
Other words 
9517-Across.in 
other words 
■0 Fashion 
magazine is 
indebted toa 
pop group 
as Hammer part 
** Bury 

as Suffix with disk 
•aWSamsand 
Knight 

s7 Diana votes 
«S Hardy souf? 

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1 New Year’s 
event 

* Emperor alter 
Gafoa 


a Fad item of *81 

4 Blows 
SOW sights 
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8 Tijuana locale 
•Toil (away) 

10 LAe some kicks , 

11 Coward ol note 

12 ‘ forgive 

those who 
trespass . . 

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is protection: Var. 
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23 One of the 
Bobbitts 
2 < Sites of some 
chalk deposits 
a* Brazilian writer 
Jorge 

27 Rush variety 
zb Shoe section 
si Indianapolis’s 
Market Square 

3 * Ott-rebeUious 
group 

33 Ad saucy 

34 Alibi 

(excuse makers) 

33 Memo letters 

33 Baseball's Ron 
ae Physicist Permi 
40 Palled to 
comprehend 

45 1986 sci-fi hit 

47 Confirmation, 

eg- 

4e Buzz AWrtn’s 
real first name 

51 Australia's 

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52 preserved 
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54 ’Oforon 

(island off 
35- Across) 

55 Disallow 
57 BaBel jump 
si Super Bowl m 

champs 
3e Applications 



■ 




9 

r 4 












SEA LEVEL RISE 

The global sea level has risen by up to 10 
indies in the last 100 years, and much of 
the rise may be related to the increase in 
global mean temperature. 


FREQUENCY OF WINTER CYCLONES 

The number of intense cyclone events per 
winter has been on the upswing in recent 
yeans. 

The New York Times 




How Urgent Is the Climate Issue? 



©JVeur York Tones /Edited by WW Short*. 


Solution to Puzzle of Sept. 10 


part of many 
Quebec names 
« 2 -Wanna ?“ 


ansa stniunu aaaa 
aass nanna aaaiu 
QQQnassannsnsna 
BQOQIO USES 

gnos Qom 

Qaa oaaa zinaa _ 
□dob naan aaaaa 
ansDEBSOBQaaaaa 
SDQEHl HH3D0 Q0BS 
QEDDQ HUES 303 
Bamnaaoi □□□□ 

HBQ sass 33E33Q 
dHQoaasaaaaaiiaa 

□□OH QHJHHQ BEHOa 
0QC3Q aaHBQ □□□□ 


By William K. Stevens 

New York Times Service 

EW YORK — With the na- 
tions of the world counting 
down to a Dec. 10 deadline 
for negotiating cuts in emis- 
sions of beat-trapping greenhouse gases 
that many scientists say are altering the 
Earth’s climate, a fundamental question 
continues ro pervade the debate: 

lust bow urgent is the problem of 
climate change? 

The problem has often been per- 
ceived as lying off in the dim future— -a 
century away, say, since that is the tune 
scale on which most analysis of the 
question has been based. It can be very 
hard to get excited about something that 
seems so remote. “We see the train 
coming,” President Bill Clinton said 
not long ago, “but most ordinary Amer- 
icans in their day-to-day lives can’t hear 
the whistle blowing.” 

Mainstream scientists say that the 
whistle is getting louder all the time, that 
many signs of a changing climate are 
already evident Heavy rainstorms lave 
become more common in the United 
States, malting damaging floods more 
likely. Other parts of the world have also 
experienced increases in precipitation in 
rim century. And while the trend’s as- 
sociation with global wanning is noryet 
firmly nailed down, mainstream sci- 
entists say it is precisely, and unsur- 
prisingly , what would be expected as the 
Earth’s atmosphere heats up. 


The average surface temperature of 
the globe has risen by about 1 degree 
Fahrenheit (0.55 degree Celsius) in the 
20th century, and about half of that in 
the last 40 years — with temperatures 
generally rising more the fanner away 
one gets from die Equator. A warmer 
atmosphere sucks up more water from 
die oceans and in general makes more 
moisture available to developing 
storms. Observations show that atmo- 
spheric water vapor has increased. 
Therefore, die scientists say, global 
wanning may well be revving up tire 
planet’s rainmaking machine. 

A rainier world is just one of several 
climatic changes already observed that 
are associated with the warming, sci- 
entists say. Temperatures have risen 
more at night than in the day, portending 
milder winter evenings but also more 
deadly heal waves. Experts, for in- 
stance, attributed the record death toll in 
Chicago's 1995 heat wave mainly to a 
combination of unusually high night- 
time temperature and humidity. 

T HE area of the Northern 
Hemisphere covered by snow 
has generally declined in the 
last 25 years. Mountain gla- 
ciers have receded in many areas. Sea 
level has risen as warmth has caused the 
water to expand. Spring comes earlier 
and fall arrives later in Northern lat- 
itudes, which have become about 10 
percent greener. 

A panel of more titan 2,000 scientists 


advising the world’s governments es^ 
timates that the world will warm bji 
more than another half degree in the 
next 20 years if emissions of greenhouse 
gases — principally carbon dioxide; 
produced by the burning of coal, oil and 
natural gas — are not reduced. With 
another half degree of wanning, the 
average global temperature would ap- 
proach the highest experienced in the 
10,000 years since the last ice age, said 
Dr. Thomas Crowley, a paleoclimato- 
logist at Texas A&M University. 

A century from now, according to the 
panel’s best estimate, the Earth’s sur- 
face will be about 35 degrees wanner 
than in 1990. “You have to go back 
millions of years to find global tem- 
peratures like that.” Dr. Crowley said. 

The panel predicted that the warming 
would bring widespread climatic, en- 
vironmental and economic dislocation. 
Some benefits are expected to result, 
including longer growing seasons in 
Northern Hemisphere breadbaskets and 
more robust plant growth. But many 
effects would oe adverse, including in- 
tensified cycling of water through the 
ocean-atmosphere system that would 
result in both more frequent and severe 
floods and droughts. Sea level is ex- 
pected to rise, inundating many low- 
lying coastlines. Climatic zones would 
shift away from the Equator, upsetting 
natural ecosystems. Entire forest types 
might disappear. Agriculture in some 
pans of the world, especially Africa, 
might be devastated. 




PAGE n 


INTERNATIONAL HERAL D tribune, THURSDAY, SEPTEMBER II, 1997 

NYSE 


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THURSDAY, SEPTEMBER U, 1997 


PAGE 13 



IMF Says It Warned Thais on Baht 

Defending System , Aide Discloses Advice Year Before Crisis 


By Alan Friedman 

hue motional Herald Tribune 


Visitors to the Frankfurt auto show peering into virtual-reality devices for 


CHnnUrt^UT 

a 4 ‘virtual” drive of Opel models. 


* Do Swatch Makers Have 6 Smart 9 Car? 


PARIS — The International Mon- 
etary Fond, saying that its early warning 
system against financial crises is ef- 
fective, has disclosed that it issued a 
private warning to top officials in 
Bangkok a full year before Thailand's 
currency crisis hit in July. 

Stanley Fischer, the IMF's first 
deputy m a n agi n g director, said at a news 
conference in Washington on Wednes- 
day that the financial organization 
warned Thai authorities as early as June 
1996 that its inflexible exchange-rate 
system and large current-account deficit 
could cause problems. 

Thirteen months later — in July 1996 
— the Thai currency collapsed under 
selling pressure from investors. Officials 
in Bangkok were then forced to let the 
Thai baht float on the open market. The 
Thai crisis had a domino effect on other 
currencies in Bast Asia, and the IMF last 
mouth worked with governments in the 
region to concoct a $17 billion emer- 
gency rescue package for Bangkok. 


compares, especially related to the real- 
estate sector. The country’s growth rate 
also is expected to slow si gnifi cantly 
over the next few years. 

On Wednesday, Moody's Investors 
Service Inc. said it might lower Thai- 
land’s long-term foreign currency debt 
ratings because of its slumping currency 
and slowing economy. 

Also on Wednesday, five leading Thai 
commercial banks raised lending rates to 
six-year highs, causing stocks to tumble 
for a second day and heightening con- 
cern that more borrowers will default 
(Page 17) 


should there be a crash in prices. 

“I think there is a danger there. We 
have to watch for it," die IMF official 


said. If stock prices were to drop in a 
measured fashion, he said, that would 


probably slow economic growth. But if 
there were a “very rapid correction” 


there were a “very rapid correction” 
instead, Mr. Fischer said, central b anks 
probably would take action “very rap- 
idly.” 


Asked about the performance of Ja- 
pan, Mr. Fischer said the IMF had “be- 


Thailand is expected to be among the 
countries featured in a special World 
Bank report on financial-sector weak- 
nesses in Bast Asia that is due to be 
published Thursday. 

Separately, Mr. Fischer said that the 
prospect of a stock-market crash in the 
United States and in other equity mar- 
kets remained “a lingering concern.” 
He added, however, that it was difficult 
to predict the overall economic impact 


1997” as a result of a shaiper-than- 
expected decline in consumer spending 
after tax increases. He said Japanese 
growth this year should be "right 
around” 2 percent. Earlier this year, the 
IMF forecast Japanese growth of 2.2 
percent in 1997. 

Robert Rubin, the U.S. Treasury sec- 
retary, also commented on the Japanese 
economy, saying that Tokyo should seek 


See IMF, Page 17 


“The early warning system worked 
ae “ Mr. Fischer said. “This was a 


By Barry James 

huemaiionat Herald Tribune 


FRANKFURT — The first sight that 
greets visitors to the Frankfurt auto 
show is a large glass tower containing 
16 curious, brightly colored automo- 
biles stacked on top of one another. 

It looks like a watch display in a 
department store, and the resemblance 
is probably intentional, for this is the 
long-awaited “Smart” car produced in 
eastern France by Daimler-Benz AG 
from a concept developed by Swiss 
Watch Co., which is known by the ini- 
tials SMH. 

The Smart car is the size of an electric 
golf cart, but its developers say it can 
carry two passengers and their luggage 
in comfort, reach a highway speed of 
-130 kilometers (80 miles) an hour and 
stay intact in a crash with much larger 
vehicles. The company that makes the 
auto. Micro Compact Car AG, which is 
owned 81 percent by the Mercedes- 
Benz unit of Daimler-Benz AG and 19 
percent by SMH, hopes that die little 
vehicle will become ubiquitous on 
crowded city streets and as trendy as 
SMH's Swatch throwaway timepieces. 

- Motor-industry analysts describe the 
Smart as evidence of new thinking by 
automobile manufacturers amid con- 
cern about increasing congestion and 
pollution in cities. VW’s Audi division 
showed an all-aluminum four-seat 
turbo-diesel vehicle that it says will run 
100 kilometers (62 miles) on only three 
filers (about 0.8 gallon) of fuel. 

Mercedes-Benz has already intro- 
duced its compact A-series car, and it is 
showing an idea for a computer-con- 
trolled three-wheeled vehicle for two 
passengers in line that it says will com- 
bine the advantages of a motorbike and 
a city car. 

Fiat SpA of Italy has announced plans 






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The Ferrari adviser Niki Lauda 
standing before Smart car display. 


division of Fiance's PSA Peugeot Cit- 
roen SA all introduced models that will 
be crucial to their futures: VW’s Golf, 

; Opel- s Astra and Chroen’s oddly named 
Xsara. 

Because the Golf accounts for about 
half of the sales of one of Germany's 
flagship companies, the l a un c h ing of a 
new Golf model is always of particular 
interest The model has sold about 17 
million vehicles in its three previous 
incarnations, and getting die desip right 
has been critical to VW, which faces 
competition from the Mercedes A-series, 
from Japanese and South Korean auto- 
makers. from European rivals and from 
its own subsidiaries such as Skoda in the 


performance and comfort. The car also 
comes with a satellite navigation system 
that display's the car’s position on a 
route map displayed on a small screen. 
The system can also relay messages and 
precise coordinates to breakdown and 
emergency services. 

But technological advances are 
quickly matched by rivals, and Volks- 
wagen has had to trim expenses to keep 
the price of the new model at about the 
same as the one it replaces, despite the 
addition of air bags, anti-lock brakes and 
other features as standard equipment. 

The German car industry has ben- 
efited from rationalization, cost-cutting 
and a 1 5 percent decline of the Deutsche 
mark against the dollar, and both VW 
and Daimler Benz AG have increased 
their share in major European markets. 

VW kept its factories running through 
tiie August holiday period to keep up 
with demand, and it managed to almost 
double the value of its shares this year 
before the announcement of a new rights 
issue sent values plunging 13 percent 
Analysts said BMW also was set to in- 
crease market share now that it had fin- 


llt-U J 

But although some "analysts predict ~ 


fine,” Mr. Fischer said. "This was a 
case where the authorities were made 
aware quite early of the concerns of the 
Fund.” 

Some analysts said Mr. Fischer’s re- 
marks may have been aimed at answer- 
ing criticism of the IMF’s early-warning 
system, which was supposed to have 
been strengthened after the Mexican 
currency crisis in 1995. 

The IMF wanting to Thailand in 1996 
also contained praise for Bangkok’s eco- 
nomic performance. 

The IMF’s role in the Thai crisis is 
expected to be discussed next week dur- 
ing the organization’s annual meetings 
in Hong Kong. 

Mr. Fischer defended the fact that the 
IMF’s worries about Thailand were re- 
stricted to a private document. “I don’t 
think the Fund can issue public pro- 
nouncements about a fear that a crisis is 
imminent in a country, because that 
would change the nature of our dialogue 
with the country,” he said. “We have a 
lot of inside information which we get 
because a country trusts us not to go 
public. ” 

The IMF package has not yet resolved 
Thailand 's problems, which include a, 
general loss of business confidence and 
heavy -loan losses al^hanksjnd financial 


Developing Nations’ Growth 
Will Surge, World Bank Says 


By Richard W. Stevenson 

New York Tunes Service 


WASHINGTON — The World Bank 
has forecast that growth in developing 
countries will accelerate over the next 
decade, and that the five biggest emerg- 
ing economies — China. India, Indone- 
sia, Brazil and Russia — will become 
economic powerhouses in the next 
quarter-century. 

The bank forecast that growth in de- 
veloping nations would surge to an av- 
erage of 5.4 percent a year through 
2006, up from 4.5 percent last year and 
23 percent from 1991 through 1995. 

Much of the increase, it said, would 
come from a turnaround in the econ- 
omies of Eastern Europe and the former 
Soviet Union, where output declined in 
the years immediately after the fall of 
communism. Those economies are 
starting to grow again, the bank said. 

The bank said that growth in the 
thriving economies of East Asia would 
begin slowing somewhat in coming 


years, but that growth would pick up in 
sub-Saharan Africa. 

The positive outlook for developing 
nations, die bank said, is driven by stable 
economic conditions worldwide, in- 
cluding low inflatio n and interest rates, 
and by surging flows of foreign capital 
and expertise into emerging markets. 

By 2020, emerging nations will be- 
come a far bigger factor in world trade, 
tire bank said, creating huge economic 
opportunities for both industrial and de- 
veloping nations but also unleashing 
political pressure to insulate workers 
and consumers from the turbulence cer- 
tain to accompany the changes. 

In its report, titled “Global Economic 
Prospects and Developing Countries,” 
the bank foresaw growth rates in the five 
biggest such economies running only 
slightly higher than those for devel- 
oping nations overall But the sheer size 
of China, India, Indonesia, Brazil and 
Russia and their rapid integration into 
tiie global economy will have far-reach- 
ing consequences, the report pr ed i cted. 


Czech Republic and SEAT in Spain. 
Under VW's ownership, Skoda, a 


to replace its tiny 500 model in 1999, 
and the Rover division of Bayeriscbe 
Motoren Woke AG displayed a pro- 
posed version of a subcompact that is to 
replace its popular Mini by about 2000. 

if small is beautiful, much of the at- 
tention surrounding the auto show, which 
opens Thureday and runs through Sept- 
21, has been focused on three of Europe’s 
bread-and-butter hatchbacks. Volks- 
wagen AG, the Adam Opel AG division 
of General Motors Carp, and the Citroen 


Under VW's ownership, Skoda, once 
a laughingstock even among vehicles in 
Eastern Europe, has created one of the 
most stylish small sedans at the auto 
show, the Octavia. Because the car is 
produced in one of the most modern car 
plants in the world and uses the same 
platform arid many of the components 
as tiie Golf, many customers may won- 
der why they need to spend more for a 
Golf. 

To stay ahead of the pack, Volks- 
wagen has emphasized technological 
prowess in fields such as safety, econ- 
omy and resistance to theft, as well as 


growth of as much as 8 percent in the 
European market in tire next couple of 
years, it is nonetheless a market with 
limited possibilities for dramatic 
growth. 

The market has also been unforgiving 
to companies that have been slow to 
reorganize, such as France’s partly 
state-owned Renault It is the second- 
largest importer into Germany and has a 
range of innovative models, bat last 
week it finally closed the doors of its 
factory near Brussels to concentrate pro- 
duction at factories in France and Spain 
in an attempt to stem heavy losses. 

Not only are too many European man- 
ufacturers chasing too few customers, 
but they also face growing competition 
from Japanese ana South Korean im- 
ports. Most manufacturers therefore are 
looking for foreign outlets, and several 
of the new models at the Frankfurt show 
will be produced not only in Europe but 
at factories in Eastern Europe, Asia and 
Latin America. VW last week an- 
nounced it would make a rare share 
offering, seeking to raise 6 billion to 8 


China Lays Claim i as Tigers’ Successor 


By Jonathan Gage 
and velisarios Kattoul; 

International Herald Tribune 


See AUTOS, Page 17 


SEOUL — Asia’s economic miracle 
has not died, China says, it has just 
moved on. And to Beijing’s growing 
delight, it has moved on to China. 

While some investors are pulling out 
of the slowing “tiger” economies and 
turbulent' fi nancial markets of East Ayi» t 
a leading Chinese trade official said 
Wednesday, economic prospects are ro- 
bust in the People’s Republic. 

Foreign investment is soaring, ex- 
ports are booming and China ’s financial 
handlers have managed to pull inflation 
back to single digits without derailing 
economic growth, said Long Yongtu, 
the deputy minister of foreign trade and 
economic cooperation. 

Foreign direct investment in China 
totaled $45 billion last year, he said, 
putting China in second place behind 


the United States in drawing invest- 
ment He said the figure was rising tins 
year. 

Mr. Long said China’s new bounty 
was perhaps partly at the expense of 
Beijing’s regional economic rivals, in- 
cluding Seoul, Singapore, Hong Kong 
and Jakarta, which produce goods that 
are now made more cheaply in China. 

This is not the fault of the country’s 
Communist leaders, he said. 

“You have to respect the law of the 
market,” Mr. Long sard, “because tire 
capital goes where it can make a profit 
Nobody should complain about this.” 

Chinn may remain the preeminent 
source of cheap labor for “the next 30 to 
60 years,” he added. 

“I don’t think it is fat to say that 
China is squeezing” its Asian neighbors 
out of trade and prosperity, he said. 
“But we have (he competitive advan- 
tage now.” 

Beijing is confident it can achieve 


annual growth rates of at least 8 percent 
over the next decade while keeping in- 
flation in the low single digits. Last 
year, for instance, China grew by about 
11 percent with inflation of about 5 
percent 

“We are confident that we have 
already found a way to maintain a rea- 
sonably high growth rate while we kero 
inflation down.” Mr. Long said. ‘\T 
think ihat this is a great achievement.” 

Mr. Long spoke in an interview here 
on the sidelines of a business conference 
where executives of South Korea's 
leading industrial conglomerates were 
busy debating with government offi- 
cials and financial analysts about how 
Seoul could cope with its growing list of 
financial and economic worries. 

“Korea’s problems are far from 
unique in Asia,’ ’ said Philip Tose, chair- 
man of Peregrine Investments Hold- 


See TIGERS, Page 17 


WALL STREET WATCH 


The Red-Soup-Can Company Seeks to Become a Blue Chip 

’ _ __ -■■■- b L 1 -. j at o Ktmnl hidk trt gn “r\nfrw»rfr\rm ” ratinO’ till* wmivnlMr nf 9 ‘‘hllV ” 


By Glenn Collins 

New York Times Service 


N EW YORK — Campbell Soup Co. is i C ^Now investors are presented with a basic question: Is the 
profile betonits ^ bum^ mro^ort^hft its avoidance will greatly 

earnings ^^IS^XSSStSSi Sowth benefit both Campbell and its new corporate offspring, or is it 


i ra earnings u»*. * , — 

- Campbell this week said it would spin off seven l<w^gow& 
businesses with combined sales of $1-4 billion, including the 
sSfCSer and Vlasic pickle brands, as one new 


“¥Kove had been expected, bet investors responded off. NomiGbez of Goldman, Sachs* 

r ruPPEWCY & INTEREST RATES 


favorably, and Campbell shares briefly traded at a record high to an “outperform” rating, the equivalent of a ‘ buy. 
of $52,875 Tuesday, the day of the announcement. The stock The spin-off, temporarily named Specialty Foods, is ex- 
finished Wednesday at $49.25, down $2.4375 from Tuesday's petted to be completed by the end erf February, when Campbell 
close stockholders will get shares in the new company at a ratio yet to 

v investors are presented with a basic question: Is the be determined. Campbell will allocate $500 million in debt to 
ff a canny move of lax avoidance that will greatly the new company, and Campbell will receive a $500 million 
t both Camp bell and its new corporate offspring, or is it cash payment that it can use for acquisitions or to reduce debt. 
r a strategy for dumping Campbell castoffs into a new The units in the Specialty Foods spin-off account for 18 
my that will excite little interest on Wall Street? percent of Campbell’s 1997 sales of $7.96 billion., or about 1 1 

ly analysts were encouraged by the details of the spin- cents of the company’s reported 1997 per-share earnings of 
jmi Gbez of Goldman, Sachs & Co. upgraded Campbell $1.85 before a restructuring charge. 

First estimates of the increase in Campbell s value to result 


Many analysts were encouraged by the < 
off. Nomi Gbez of Goldman, Sachs & Co. u 


Sept. 10 

Cross Rates » p** 

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should command a higher multiple, so shareholder value will 
be created,' ’ said Terry Bivens, an analyst for Bear, S team s & 
Co. He reiterated Campbell as a “strong buy” and raised his 
J998 per-share framings estimate by four cents, to $2.16. 

But other anal ysts sounded a negative note. “They are 
play ing a game of gin rummy, throwing away businesses they 
don’t want and maybe couldn't sell for an effective rate,” said 
John McMillin, an analyst with Prudential Securities, who did 
not upgrade his “hold” rating. 

Campbell itself would be “a cleaner, more cash-generating 
company," he said. But “there is not going to be a mad rush 
to own this food company,' ’ Mr. McMjHin said of the spin-off. 
“Swanson has been a stagnant brand at best” 

The key to the success of the spin-off will be its new 


manag ement, Ms. Gbez said- The head of S 
7v* be Robert Bemstock, 46, the head of Campbell’s grocery 
*** business in die United Stales who lost out to Dale Morrison to 
become the company's chief executive, 
no Analysts praised Mr. Bemstock’s management skill. Ms. 
^ Ghez called mm “a smart, aggressive guy.’ 

3v» 'Still, Mr. McMillin said, “They’re putting handcuffs on 
him with $500 million in debt, because he’s not going to he 
wm able to make too many acquisitions.” 

fbl ’ Mr. Morrison also prormWthiswedc that Canqjbeil would 

make a soup-company acquisition in one of the world’s “large 
h-fl* global soup markets.” 

But will Campbell achieve its dream of being toiown as a 
S5 blue chip, not just a soup producer? 
ndu “This spin-off wifi give Campbell higher margins and a 
better growth profile,” Ms. Gbez said. “However, it is a long 
distance between Campbell and Coke. The key is the in- 
ternational business, and that is Campbell’s challenge/* 


lOfl ~nj HU1 

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SotHW Reuters, Bfoomba 

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Swiss franc 


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11106 UMkartralB 




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10-y«r Band 


Zorid, 32145 32090 -050 

LhhIm 321.00 320 £0 -090 

HsWYnfc 324.10 324.10 Undt 

US. rfoftns per ounce. London Otnad 

SSSoKSf- K tSS? 

(D0CJ 

Sourtt-.Reutoi 


A LITTLE SOMETHING 
FOR YOUR GREAT 
GREAT GRANDSON 



The Conun Gold Coin Watch. An 
authentic $20 U.S. gold piece, first min- 
ted more than 100 years ago, is halved 
and an ultra-flat mechanical or quartz 
movement is cushioned inside. Heralded 
as one of the world's great timepieces, it 
is prized as an heirloom to be passed on 
from generation to generation. 




Maitres Artisans dHoriogerie 
suisss 

R>r information write to Gxum, 2301 la Qwaleftaifai WfflWkw l 





page 14 


n^BNATlONAT TTTOAin TRIBUNE, THURSDAY, SEPTEMBER 11, 1997_ 

T HE AMERICAS 





HCA Chief: ‘How-to’ Buff 


Dollar in Deutsche marks 


-iU7» — 


£ 130 - — 


120 



'-A-’dhrr^A- s { M J J A T 


mm 


The Associated Press 

NASHVILLE, Tennessee — A 
month before a surprise federal 
raid cost Richard Scott his job, he 
urged hi* managers to mimic Win- 
ston. Ch archill: “Never, never, 
never, never give up.” 

Two weeks later, the Columbia/ 
HCA Healthcare Coip. chief ex- 
ecutive quoted Hannibal as he pre- 
pared to cross the Alps: “We will 
either find a way or make one.” 

Mr. Scott has not commented 


mm 


publicly about charges that 
Colombia overbilled government 
health insurance programs. But he 
did a lot of communicating in a 
stream of electronic-mail mes- 
sages in the weeks before the fed- 
eral investigation of Columbia left 
him jobless. The missives, some 
sent before 4:30 AM. and some 
after 8 Pjit, reveal a man with 
marathon work habits, a fondness 
for how-to books and a philosophy 
culled from such varied thinkers as 
George Bernard Shaw, Martin 
L u t her King Jr. and Fred Astaire. 

“Everyone I’ve ever known 
who has talked about the man has 
used the terms brilliant, driven and 








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Source: BtoamOetg. neuters 


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Very briefly: 


biom ” saidJeffoy Aleanda^a 

clients have worked with 
cX>i*- “He would come op 

ttSZSfttt 

!^gs ssBgec 

pitalmdustry by m axi miz ing 

But the hospital’s board Reman- 
ded his resignation after he 
shrugged off the raids by federal 
agents seeking evidence of Medi- 
care fraud in seven sates as a 
matter of fact in health-care 

t °Mr; Scott, a lawyer with no 
health-care experience before 
Columbia, talked of hospital care 
litre a factory foreman, referring to 
diseases as “product lines. 
Whether “admitting patients or 
maifmg a radio,” he wrote, by 
eliminating errors “you dramat- 
ically reduce costs." 

A thrifty executive, Mr. Scott 
quoted Matsushita Electric head 
Konosnke Matsushita: “Any 
waste, even of a sheet of paper. 


will increase the price of a product 
by that much.” when not quoting 
from the likes of Calvin Coolidge, 
Woodrow Wilson, Eleanor 
Roosevelt and Abraham Lincoln, 
Mr. Scott pored through the Hor- 
atio Alger stories that line shelves 
in bookstores, sometimes adopting 
their theories as his own. 

“One of my favorite books is 
‘Behind The Golden Arches,* the 
history of building McDonald’s,*’ 
he wrote. 

He said McDonald’s knows that 
“great companies take these ideas 
and share them and implement 
them across their markets.” 

In the spirit of McDonald’s, Mr. 
Scott launched in a nationwide 
campaign designed to make 
Columbia's name equally preval- 
ent, spending millions of dollars 
on advertising. 

He wrote that hospitals, includ- 
ing Columbia, “have failed to dif- 
ferentiate themselves in the minds 
of patients, employers, insurance 
companies and the government.” 

Thomas Frist, abandoned the 
plan after taking over for Mr. Scon 
in July. 


Fears Over Dollar slide ] 
Spur Wall Street Slump] 


Ri«wr Heinz Payout and Buy-Back 

' PITTSBURGH (Bloomberg) — H J. Heinz Co., the maker 
of Heinz ketchup and StarKist tuna, raised its quarterly 
dividend by 8.6 percent and expanded a share-buyback plan 
fey 10 million shares, or about 3 percent of the 3743 million 
shares outstanding. 

Heinz raised its quarterly dividend on common stock to 
3 1 .5 cents a share from 29 cents, payable Oct. 10 to holders of 
record Sept. 23. 

P&€ Agrees to Coupon Refund 

CINCINNATI, Ohio (Bloomberg) — Procter & Gamble 
Co. and 10 other companies agreed to provide S4.2 million in 
special refund coupons to settle New York state’s charges that 
the companies conspired to deprive consumers of discount 
coupons in western New York last year. The companies said 
they had not admitted any wrongdoing in the settlement. 

The settlement followed a state investigation of P&G’s 
experiment to eliminate coupons. P&G has said that only 2 
percent of the coupons it distributes are redeemed. The 
company resumed coupon offers in the area in April 1997. 

• Smith Barney Inc. agreed with Hansbeiger Global In- 
vestors Inc. to jointly develop and market global mutual funds 
in the United States. Hans berg er Global is led by Tom 
Hansberger. a veteran global fund manager. 

• Northern Telecom Ltd. will hire 1,000 high-technology 
employees and spend 270 million C anadian dollars (S196 
million) over four years to expand its high-speed fiber optics 
plant in Montreal. 

• L.S. mutual fund investors poured an estimated S6.09 
billion into equities funds in the week ended Monday, a huge 
increase from the prior week when S410 million was invested, 
according to an industry report International stock funds 
attracted net inflows of about $415 million in the latest week, 
according to Trim Tabs Financial Services Inc. 


Internet Tightens Alert on Fraud 


The Associated Press 

WASHINGTON — The National 
Consumers League, saying its In- 
ternet fraud reports tripled in the last 
year, unveiled new Web pages to 
arm consumers against cybercrooks 
and warned them of the 10 most- 
used scams. 

Susan Grant, the league's Internet 
Fraud Watch director, said Wednes- 
day tha t nearly 100 scam complaints 


a month had been received so far this 
year, compared with 389 for all of 
1996. They range from $10 to 
$ 10 , 000 . 

“Cybercrooks are in your pock- 
et books with a click of Ihe moose,” 
the league president, Linda Go- 
lodny, told reporters. 

Ms. Grant said, “It's like a giant 
yard sale in cyberspace.” 

“Consumers purchase a variety 


of items that are advertised on- 
line,” she said, “but they don’t al- 
ways get what they bargained for.” 

The officials said the most com- 
mon signs of fraud were extravagant 
promises of profits, guarantees of 
credit, suspiciously low pices or 
prizes requiring advance payments. 


■ Receru technology articles: 
wynv.iht.comiHT/TEClii 


Bloomberg News 

NEW YORK — Stock prices 
stumbled Wednesday amid concern 
that foe dollar’s recent decline 
could spur non-U.S. investors to 
refoice their holdings of Interna- 
tional Business Machines, Merck 
and ofoer UJ5. shares. 

The Dow Jones industrial aver- 
age slid 132L63 points to 7,719-2* 
as IBM dropped 2 13/16 to 97 3/16 
and Merck fell 2 3/16 to 92->i The 
dollar has fallen almost 5 percent 
against the Deutsche mark in tire 
past month, suggesting that over- 
seas investors could lose money on 
U.S. investments even if the assets 
themselves grew in value. 

* ’There’s concern that maybe the 
flow of foreign capital into U.S. 
stocks will subside,” said Robert 
FroehHch. chief investment 
strategist at Zurich Kemper Invest- 
ments. “Fanagners may be quick to 
take profits.” 

Mr. Froehlicib noted that the drop 
in the Dow, which is filled with 
high-profile companies familiar to 
most ovexseas investors, wasworse 
than the slide in the lesser-known 
Russell 2000 Index. The Russell 
fell 0.85 point io 436.90/ 

“Valuation levels are still pretty 
high,” said David Nelson, a fund 
manager at foe UAM ICM Equity 
Fond. “1 wouldn’t be surprised to 
see tire market continue to be flat to 
down going forward.” 

Others said stocks outside the 
Dow traded for lower prices relative 
to earnings growth titan did the in- 
ternational stars and that investors 
were flocking to them. 

“You’ve got people rebalancing 
their portfolios, rakin g profits in the 
big-caps and putting them into sec- 
ondary stocks,” said Ken Ducey. 
head of trading at BT Brokerage. 


The Standard & Poor’s 500 inderi 
fell 1439 points, to 9 19.03, dragged 
lower by shares of computer anq 
networking equipment companiesJ 
The Nasdaq Composite Index feu 
16.95 points to 1,639.27. ' . 


16.95 points to 1,639.27. ' . 

Grace Messner, head of value! 
investing at Wilmington. Trust CoJ 
said she had been buying shares of| 
restaurants, retailers and nursing 
home chains — stocks that were cuff 
of favor earlier this year as the Dowi 
raced higher. I 

With foe Dow’s decline Wednaw 
day, it now lags the Russell 2000r 


US. STOCKS 


index in performance this year. The 
Dow has risen about 20 percent, 0. 1 j 
percentage point behind the Rus-j 
sell. 

A slide in U.S. bond prices — J 


and a corresponding rise in yields 


— contributed to the drop in stocks! 
The yield on the benchmark 30 -year, 
Treasury bond rose to 6.66 percent 
from 6.62 percent Rising interest 
rates hurt profits by making it mord 
expensive for companies to finance} 
ihcir businesses. { 

U.S. bonds came under-pressurel 
as borrowers, including Korea De-J 
velopment Bank and Venezuela* 
linen up to sell $15 billion in debt) 
Bank stocks, which are among 
the most sensitive to swings in in-j 
terest rates, declined. Banc One) 


Investors said U3. stocks may! 
not reach new highs soon — tbef 
Dow is about 6 percent below 


GDP Data in Germany Give a Boost to Mark 


CdapdalbvOieSt^FinnDbpaichrx 

NEW YORK — The dollar fell 
against the Deutsche mark Wednes- 
day, hurt by a report that showed 
that foe Gorman economy was re- 
covering and by declines in U.S. 
stocks and bonds. 

But the dollar gained against the 
yen ami d more signs of financial 
turmoil in Southeast Asia. 

The dollar was quoted at 1.7986 
DM in 4 P-M. trading, off from 
1.8144 DM on Tuesday, and it 
slipped to 119.135 yen from 
119.150 yen. 


The Bundesbank reported that 
Germany’s economy expanded more 
than three times as much in the 
second quarter as in the first, a trend 
that was in line with most econo- 


FOREIGN EXCHANGE 


mists’ forecasts. Traders said the 
report did not suggest that foe cen- 
tral bank would raise interest rates 
immediately, but it kept alive spec- 
ulation that a rate rise may occur 
before the end of the year. 

Dealers said foe market had been 


further unsettled by a statement 
from Franz-Christoph Zeitler, a 
member of foe Bun desbank 's cen- 
tral bank council, who said the bank 
was “ready to put on foe brakes” if 
German inflation continued to rise, 
although there was no “urgent 
need” to act now. 

Traders said the dollar also had 
beat dragged down by sales of yen 
for marks. Many such transactions go 
through the U.S. currency, with in- 
vestors first selling yen for dollars 
and then selling the dollars for marks. 
The mark rose about 1 percent 


Wednesday against the Japanese cur- 
rency, to 6630 yen. 

The recent weakness in Southeast 
Asian currencies has hurt the yen by 
raising the competitive pressures on 
Japanese exports, one of the few 
bright spots in a Japanese economy 
beleaguered by sluggish growth and 
anemic consumer spending. 

The dollar also was quoted at 
1.4785 Swiss francs, off from 
1 .4885 francs, and at 6.0520 French 
francs, off from 6.0980 francs. The 
pound was quoted at S 13855, off 
from SI 3895. (Bloomberg. AFP) 


Dow is about 6 percent below iti{ 
Aug. 6 record of 8,25931 — unless 
next month’s third-quaner.eanungs| 
reports topped expectations. 

Apac Teleservices, a telephone 
marketing firm, fell after sayinri 
earnings would fall short tins yeaij 
because of lower revenue and htghi 
er costs. ! 

Sheldahl. a maker of circuits fofl 
automotive electronics, forecast -a 
wider loss than analysts expected, 
and its shares dropped. # 

On the flip side. Anchor Gaming 
jumped after it said analysts’ es- 
timates for its first quarter “may be 
conservative.” 

KLA-Tencor surged after Stan- 
dard & Poor’s selected the com- 
puter-chip equipment maker to 


place Amdahl in foe S&P _ 
Index, meaningfrind managers who 
track the index will have to buy the 
shares. Amdahl posted a drop. - J 
Sterlin g Commerce shares rose 
after Goldman, Sachs & Co. added 
the software publish^ to its “re^ 
commend list*’ . ^ 


commend list’ 


AMEX 


U. S. STOCK MARKET DIARY 


INTERNATIONAL FOTTJRES 


Wednesday’s 4 PJ4. Close ,s “ 

The top 300 most active shores 
up toltie dosing on Wall Street. 

The Assootod Press. 


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on* Lev us ft 

Indus 781SJ0 71SUT 7712-54 7719.28 -13241 

Trans 38D4L54 304&7I 298SJ1 3D20.17 +907 

UN 234.77 237-55 23401 23415 -1.3* 

COHO 2*72.13 248017 2456*8 2*5743 -2X34 


Most Actives 

NYSE 


Sept. 10, 1997 


Higii Low LBksI Qge Opad 


High Low Latod Chg» OpM 


Hlgn Low loum Dige Optqj 


High Low LatosT Cbge OpioJ 


Standard & Poors 


2fe 

1W +H 
I +H 
2M -* 
17M fe 


2W 4 

29 +fe 

1WW -fe 

Ife 

5h +fe 

U +h 

17M -fe 

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SM fe 

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life fe 

lfe 

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IndwMals 

Tronsp. 

UjpHs 

RnancE 

SP 500 

SPI00 


Hfeh Lew aw 
1 1IXL80 106749 109*45 i 
66056 661J56 66154 
20347 201.47 203.1 B 
10946 108JOO 106.96 
93850 92758 93342 
91158 899*50 906.19 


BakiHu 

Sr 


* 0fe *2 
Mfe 97V. 

IMfe 29 
*4fe 47fe 
14fe 15ft 
52V, 52"ft 
43W OVu 
IA 67 
*4 d*fe 
26 Kfe 

life 439* 
32ft. 3*ft 
37ft 37ft* 


Grains 

CORN CCBOT) 

&M0 twraMnmn- mtfs per hvsM 
S«p97 270 2671ft 2&U +2 9483 

Dec 97 268 264V, 26T-* *3 1 87.954 

War 98 276L, 273 276 ♦2»» S24M7 

May 98 281V* 22Wj 281 +2’. 1X121 

Jut 98 284U 28T'4 2M* *2fe 2W71 

Sep 98 27* 2771* 272V. *1* 

Dec 98 271 V, 270 271 U +1 1X790 

EeL eaia NJL Tun sales 36A31 
Tma open ini 29B.900.off 8 


ORANGE JUICE (NCrN} 10-YEAR FRENCH BOV. BONDS CMATfF) Jw90 9A42 943S 94J7 -0.03 

15^109 Bk.- am par b. FftOOtWO - pts uf 100 pO Sep98 9*6* 9*57 9461 line*. 40JW 

Sep 97 7050 69^0 7030 339 Sep 97 13X44 13X18 130J0 +006 132^62 Dec 98 9*75 9*48 9*72 Unch. 3X4*9 

Nov 97 69 JO HUS 6945 -XflQ UW17 Dec 97 9932 98.96 99M *008 55771 Mar 99 9*48 9*41 MM Uach. 17JD* 

Jen 98 7270 7185 72*0 +C65 84*8 Mar 90 9878 9X38 9848 -008 25 Jun99 9447 94JT 9445-0.01 948^ 


Nov 97 69 J3 6885 6945 *080 UU17 Dec 97 9932 98.96 9988 4-008 5X771 Mar 99 9*48 9441 MM Uach. 174 

Jen 98 7270 7185 72*0 *C65 &4*8 Mar 98 9X38 9X38 9848 -X08 25 Jun99 9447 94JT 9*55 -001 4U 

Alar 96 7540 7470 714J S4M EsL sdes: 176*959. Est saJefc «Mlft Prev. wAes: 69.M1 - - 

Esc sales NJV Tubs sales 1493 Open ML- 18X458 up &IM6. Prev. open Ini- 43U19 op 7473 - 

Tim apen M 34.98X U9 66 

ITALIAN GOVERNMENT BOND OIFFE) — 

Mofaft rtLaniraffioa-pbonOOpd _ l nr i 

COinmrMm Dec 97 10973 109.1* 10929 ~XZ2 106459 COTTON 2 (NCTNl 

wm7Sj!!r^£9U. m **Or93 N.T. N.T. 109M -017 W4464 

loo troy az.- dedors per fray ar , „ „ _ siyjou H>s^ certs p* 

Sea 97 371.70 nn*. EsLsoles: 51437. Pmr. spiel. 50224 0097 7115 T. 


Nasdaq 


HU IM Lnwt Op 

48649 48047 48043 -606 

61447 60644 60668 -741 

44541 *3*36 44130 4)37 

290J» 2S4.E3 M7JJD -3.09 

*5643 *50.19 *9032 -611 


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6ft. tfe 
HV> fe 
n -fe 

+fe 

IM fe 
29 fe 
18ft fe 
9fe 

♦« 

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HU lev MB ft 

165617 163937 163937 -1695 

133X01 132*71 1325® -5JH 
1797.99 1192.14 l TViSS -24 1 
174741 173692 173996 +041 


+041 Te 
-447 SW 
+1X04 


Wot HU 
228770 4116 
137918 75ft 
129509 9OTU 
103822 58 
94766 36ft 
90237 19ft 
61686 51fe 
7V928 39fe 
Sm 7 T37ft 
59054 12ft 
52016 77ft 
44708 39ft 

41869 75 

Ml 3K 


39ft 40ft 
72ft 72>ft 
9SVe 95ft 

35 3 ^ 

37ft .30 

HI 

23 23ft 
72ft 72ft 
19ft 19ft 
49ft 49ft 


SOYBEAN MEAL CCBOT1 
100 Ions- dallan per tan 

Sep 97 272J0 26980 27000 -230 655* 

0097 23330 2294)0 23X10 -260 74318 

Dec 97 21X00 212JM 21340 -3J0 *4873 

Jan 98 2124)0 208-50 20940 -340 1X931 

Mar 98 20680 20240 20390 -310 1X276 

May 98 20410 2004)0 20)20 150 XS1* 

EsL sola NJL Tim softs 24051 
Tim open hi 109.795. oft 1J3* 


U A +~I_ znimuiaa- prior iwpa 

cai n (HrMXl Dec 97 109J3 109.1* 109.29 - 

Wtoy'S^Sorsper^a, ^ « 

5ep 97 37L7Q m v+> <6 EX sales: 5X437. Pw». Uc 51 

00 97 32270 321 SO 3224C andt 15.733 Pwv.open irt_' 10X664 0B 847 
Nov 97 3739? ppch. 

Dec 97 32*50 37131 33410 onOi 112821 UBOR l-MONTH (CMER) 


Industrials 


SLOOOHh^ certs per fe . 

0097 7X15 7275 7243 +X04 6771 

Dec 97 7320 TLBO 7X90 OPCh. 4X3» 

Mar 98 7445 7X40 7420 -005 1X764 

May 98 75415 7485 7485 -04J3 60fl 


FW)98 32550 32540 32SJD Wldh. 15457 S3 n^nr- crtS OMDOpd. JU 98 7545 7540 7540 -OUB 

’ xnJO “«*- 25? ~i ?!9f- S-1S Est sates NA Tins solos 6944 • ■ 


SOYBEAN OIL ICBOT) 

6X000 Ih- certs per lb 

Sop 97 2X63 2245 2X59 +X2S 2306 

Od97 2X78 2X52 22J0 +X24 2X588 

Doc 97 2X16 2X92 234)6 +X18 4X873 

Jan 98 2333 2X15 2X28 +0.14 11,909 

Mar 90 2X60 2341 2X55 +0.18 I.TVJ 

May 98 2X69 2360 2X69 +0.19 1227 

Eat sdes NJL. Tue* Mas 16077 
Toms open Ini 894381 oft 24»* 


Jon 9S 32930 32X80 32930 unch. X251 W 97 W33 9*32 9*33 unm. i£0/i r^inw, bit fnjmtmljt 

E133 ^10 4069 M»97 9427 9427 9427 ondv 1X262 Tool men M 894127, up 60 

Od98 33X20 -020 115 EsL sales NA TOOT sales 1725 HEATING OIL (NMEK) * 

Esl sales 20000 Ton soles 11,190 Tom c*ieo tat 4X397, up 71 424X10 gat cents per gal 

Tuai open ini 202432. up 91 5 • 00 97 5X97 5140 5157 -1.26 4X561 

EURODOLLARS (OH99 Nov 97 5420 5X05 5332 4L97 26OT 

HI GRADE COPPER (NCMX) n ... * 0« 97 5X40 54JS 5*47 .-082 2X1W 

ZMXWIbi- cents per Si. SgpW 94 27 9426 9426 uadi. Jen 98 5625 5530 5537 -067 71435 

Sep97 97JOD 0. 09 9540 +030 X5PI 0097 941? 9418 9418 unde ILKg Feb 93 5650 5573 5577 ^52 AIM 

Oct 97 9740 96J0 9685 +X30 1780 Dec*7 9409 9406 Wffl undu 548479 Mar 98 5635 55J2 5552 -042 7497 

Nov 97 9750 9740 97.40 +X25 1390 Mor« 93.99 W.95 93.96 ^0 30410 Apr 98 554W 5440 5453 4L27 4360 

ran feU) 767 Dec 98 9168 9Xel 93*3 -033 19X707 ™**°P°n hit 1*93*9. up *28 - 

MJT98 976° 9690 97g Xg* ^ +£ SSS WSSSSSSl""^ ‘ 

May98 9745 9665 9665 4125 1,912 9gg «52 0097^1943*^194! Ondv 

EsL sides 74XX) To« sides 6J9* 1H5 2'|S Mov87 1971 1931 1957 4101 5X196 

Tim open ini 4X56X up 1231 ^** l!- 80 »■« -X01 S3M 

ESL sales NA. Tim solas 24X545 Jan 98 1935 lota lor, ji m 32.1W 

SILVER (NCMX) Tim open M 2461409, rai&716 Feb 98 1933 1971 1973 -XOl 1X1M 

wnotioyse.- penis per hoy at Mar 98 19.77 19.75 1975 -XOl 10*08 

5ep97 *7050 46X00 *6930 -130 X57 BRrriSM POUND tCMEig Est sdas N A. Tim ndas MLS70 -I 

Orlov *7n oi .v sn 7B 62300 minds. S ner Dauml S!?.**™’ .- A - l 9'TS IDUS 6X57V -r 


67173 66977 67X30 -1.13 


Dow Jones Bond 


IM -H 
6ft +Vi 
m +fe 
14fe fe 
ZA) fe 
5fe +fe 


20 Bonds 
lousntes 
10 Industrials 


10X85 10161 

10142 10173 

10X28 10579 


148& 9V« 
12806 6U 

S8R 8 i* 

6651 28fe 


91feta 92 
7ft 8ft 
6H 6ft 
0M 8ft 
6 6H 
Ufe 12 
14 14ft 

32ft 33I* 
77h 27ft 


*ft +fe 

79 fe — 

nfe +iv< Troam 

Sft ,fe 
24ft fe 

& *£ NYSE 

IM +ft 

T£ i So 

Ufe fe NbvhUh 
41 NewLSs 

19 -life 

1» fe AMEX 


SOYBEANS tCBOT) 

5.000 ba raintmuni- cents per bushel 
Sep 97 71546 705 f')9ft -3ft 5420 

Nov 97 647 637ft 639 -61* 9a 953 

Jan 98 648 639ft 641 -5ft 2X770 

Mar 98 653ft 645ft 646ft -X 9413 

May 98 658ft 657 653 -5ft 4763 

EsL sales NA. Toe's sdes 41424 
Turn open bit 14X95* up 664 


SILVER (NCMX) 

g W 97 rror OT^aS l M95l -130 857 WriSH POUND (CMEW ElR sdK NAlbnUsi^l "**' T3 

K; SSS 3 78 37^23 Tufeapen^^a 4 ^ ^ 

D«97 477* 47X50 g*80 5X751 M 1MK IMS 2 *643 WTURAL M. O^ER, ^ ' 

Mar 99 482JX) 47970 481 60 -1JD 11,755 EsL stdas NA. Tun soles 21,269 OdW mo SraTs tb, *ann’ 

5W S^S :!S S TuSf * °P* n **4 6X379, Up £178 ^ ISS SS feiffi . 2BS 

EsL vedes &000 TPM vtaes 1X000 j5f» 227% 

Tue^ <raen bit 1, ofl 7A077 mo*. Ota. ft Foh9B X«5 XM0 ISo 

PLATINUM (HMER) JMS ^4 ^j-0iXn0 2^ la f? 

50 tror ce.- daOaa per bay az. Mor98 3297 -7288 7288-041009 973 WHCS H /g-Tiws stags 4*444 


Troding Activity 


Nasdaq 


557 ste 

9 9 


New Lons 

Market Sales 


I7jjjj 2322 
2024 {Si 

X % 

40 40 


WHEAT (CBOT) 

54)0Q bu minimum- cents per bvstiei 

Sep 97 369ft 365ft 36bft -1ft 1,638 

Doc 97 384ft 379ft 380ft -2ft 6*5*5 

Mar 98 396 392 393ft -2 2X813 

May 98 398ft 395 395ft -1ft 1875 

EsL sou NA. Tim sales 1*094 

Tim open bV 1 0*30 oN Ml 


Jul 98 489.70 -170 X380 

EsL sides &000 TVm sates 1X000 
Tim open bit 1, ofl 7*077 


(Ik 8 
(H 6 
6ft 6H 
6fe Pfe 

ft fe 


IM 

24V, +fe 
7ftk +»fe 
(ft +» 
6 fe 
f« fe 
(V, tfe 
fe -ft 


T cM saw 

SSSIS? 


361 304 

as 9 


761 741 

42 SI 

6 5 


NYSE 

Amac 

Nasdaq 

tamUHons. 


519.42 60630 

29.18 29,69 

6594)7 711/41 


Livestock 

CATTLE (CMER) 

4X000 8n^ cents per Rl 
O d 97 69.50 6X72 69*7 +065 3*790 

DnC 97 mss mjSQ 69.90 +025 27,3*8 

Feb 90 72AO 7X17 72-57 +X12 1X366 

Jon 98 71-37 71 JO 71J5 +0.17 5.84* 

Aoq(8 71 35 7X97 71.05 +0-05 1J09 

Odta 7185 +0JQ 12 

EsL sales 1X865 Tim soles 2X262 
Tim open hi 9*1 01 off 1A68 


PLATINUM (NMER) D«W 222 SS 1 

SJ trorcs.- donors par IroyOZ. Mor98 -7297 -7288 7288-C 

00 97 42650 *2100 426J0 +350 1X267 EsL soles NA. TuOfe solos 175*8 

Jan 98 416*0 <114)0 41650 +3-S0 1459 Tim open W 6L756. Off 545 

Apr 9a 412-00 4104)0 JO +250 429 

JK9B *07-20 +250 2 GERMAN MARK (CMER! 

Est. sales N A. Tim sales 2542 12X000 maTb* * per oiork 

Timopejiw 14157, Up 468 S«i97 5575 5507 5554+4 

Ouse Pravfaus Dec97 5608 5538 5S87+< 

LONDON METALS (LME) Mm 98 56*0 5608 5*21 +( 

DoUarapermeftlctan EsT. sales NA. Tun isles 51*29 

MWnua (High Gsadfe) Tim open Ini 12X*09, afl X518 


Tuvs open inf 22*729, up 1544 
UNLEADED GASOLINE (NMER) 


sSw 5CT5 5S54+fl4»4l XL499 57 JO 5655 5659 -X46 19,940 

Sew 56« 5538 wntojJui S!?’? “JO 55.90 56.14 -X31 1*893 

sS SS i^+ts Z W as SS SB! Hm 

Ear. sates NA. Tim wles 51^29 IS 

Tm open Ini 123*09, off 3518 Apr 90 sis* *Li* MM 


14V, IM 

13 life 

l« 1ft 

2 1ft 

sr £ 

19 im 

3 3*fe 
W 2VV 
life IH 


9» 91 ftp 

«**. swb 
11 1211 
TSk 23ft 
aft am 
fe u 


fit in 
16ft IM 
5ft Wfe 
4H 4ft 
HW Kft 
Oft life 
5ft 5ft 
lHh IB, 

m» rSf 

17V, 16ft 


1W -ft 
12ft +fe 
1ft -ft 

life +H 
28 -ft 

lift -ft 

m +h 
W +Vfe 
in -H 
is +«fe 
91 -Tfe 
-Mi 

12% +fe 
25ft +U 
2BM -ft 

ft -ft 

Ih -h 

in +ft 


Dividends 

CongxDyr Par Aim Rec Pay 

STOCK SPUT 

Fd W Vliulna Bncp 2 for 1 spa. 

INCREASED 

Equity Inns Q 39 9-30 11-3 

YEAREND 


Company 


ForasiCttyA&B, 

GSinchef RHy 
Grophfc Ind 
I Ml Ftavan 
lira Grd Muni Inco 

Knman Cora A. 

Moitniiv JP, 

Natl Health hnr 
NowelCoip 


Central Fd Crio A g A 4)11X3111-14 


INITIAL 

CreaoantRlestn . J8 10-16 11-4 

MwconreeBka _ JO 9-22 9-30 

Van HautHoAL _ .101X17 10-28 


4ft -ft 
m -ns 
EH -ft 
5H +h 


lft 1ft 
IH lft 
hm im 

* A 

life im 
7ft 7ft 
2M 1W, 
29 26ft 
4fe fe 

a* a 


AJ levant Sncp 
Bho t Strut Terra 
BrtshSMyen 
BmXeGnup 
CRHPLCAD 
CRIIMJ Mas 
Central Porfilna 
Century Alim 

Cuifa-WriftM 
EnnxiOll&Gas 
RHtua Prad 




REGULAR 
0 .03 
M 4096 
Q 50 
Q 4775 
x 5342 
a 55 

q as 


s Rwhrood Entatpr Q .17 


9-30 1X15 
9-15 M0 
11-7 12-1 
9-24 MO 
9-12 11-25 
9-1? 9-30 
9-29 10-10 

9- 16 MO 

10- 15 1M1 
10-15 10-31 

10-3 1X17 
10-3 11-12 


Pioneer Inters! S*i 
Quaker Oats 
SlhSmnd 
Sguflmn Incg 
Star Banc 
StateffedRn 
Summit Prop 

Tosco Corp 

VSE Carp 

VbyngcurAZ 

VoyogourCa 

VoyogourFL 

VoyogetirMbm 

VoyoflearMnlL 

VoyogeurMnllL 


Per Amt Bee Pay 
Q 4)6 12-1 12-15 
□ .4803 9-30 1X14 
O .0175 9-19 1X3 

Q 36 9-26 1X10 
M 4)75 9-18 9-30 
O .11 1X6 1X20 
Q -W 9-22 1X15 
Q 34 9-29 11-10 
Q J4 9-19 10-1 
0 .10 9-30 11-11 

O -27 9-18 9-30 
Q JISS 9-19 1X15 
Q .10 9-19 1X3 

8 .05 12.1 12-15 
JO 9-30 IMS 
a -10 9-30 1X10 
Q 3975 1X10 11-17 
Q 36 9-19 MO 
O 4)45 113 11-25 
M M64 9-1A 9-26 
M 4)612 9-16 9-26 
M JJ63 XI6 9-26 
M 41775 9-16 9-26 
M JJ68 9-16 X26 
M .053 X16 9-26 


FEEDER CATTLE (CMER) 

SOW ftv- cents per 8). 

S«P 97 «L*S flOOS 6X40 +040 

Od 97 81.10 80^0 80.72 +ai2 

NO* 97 B2J70 81 S! 81 XL +X17 

Jrai98 8X15 8X60 82-72 unch. 

MW 98 8X85 8130 8150 -0.0S 

Apr 98 82J0 8X3S 8250 -X05 

EsL sraesX44ATWs sates *bm 
T im open tat 1X973. taf 191 


Sgsasa— ^^tes^rTu^test^ 0 ^ , ' 716 ass ““-gs g 

Sftoni 1627J70 162B4W 161X00 161*00 JAPANESE YEN (CMER) 14,4 TlOT0 

Copper Culbfedes (Ktgb Cntar) 125m«on wrv Spot lOOvon EsL salgs NJlTuot sates 23422 

Swl VVM 213QV5 21254X3 2127.00 Sep 97 iS Im ^1-nigm 4^573 ^ open W 10X16* up 2S7 

Fmrara 71*74» 21«00 214X00 2I4UB ^48 ^ ^33^ S GASOIL OPE) - ; 

Spat 6364)0 637410 64500 6464)0 EsL mIm mi .'^L'f' 0023 700 ^ **! ‘ ^ OI100 tons 

Er " M7M TWWiSKSr “ s :is 


Spot 65704)0 65804)0 653X00 65*0.00 SWISS FRANC (CMPBI 
6675.00 66804)0 663500 66404)0 


U 6. dtalars per metric Ian - loti allOO tuns 
Sop 97 16125 141-50 161 3S +X90 &95S 

Ota 97 16X75 16X00 16X75 +2.50 2X183 
Nov 97 144.75 14500 14500 +X00 1X630 
Doc 97 16X50 164.75 1674)0 +1.75 16,1*0 


re SS? m ”!S, Sp ?JE ,K: Pi 9 * ,70JS i^>-5a i6xs» +1.75 ilS 

feat 54304)0 5*3580 54704)0 s*nnnn <52 6756+04B35 3X547 Fab 96 16930 16X75 149.00 +1.QQ 

Mrwart 54754)0 548X00 551X00 55154)0 2^,2 14X25 16X25 16X00 + 0J0 JK 

— — ------ ■ — IW98 -WUJ ,6889 jWOO+OOO^ 1.131 Bel mW.vimn r, ..... 


Zinc C5pedta Mgh Grade) 


few 1 6354)0 164X00 J 65X00 16604)0 f»j -fete NA Tim sales 2X878 

Fdnwra 145*00 1*554)0 r*7EB0 1*79410 Tim open rat 39M6. Dfl 94)03 


4889 ^500+04X09 1,132 Est sales.- 3X000. Prev. sates :lAj»g 
w sales 2X078 Prev. epan bit: 9*52* up 1A6S 


WNS-Lm (CMER) 

4M300 IDs,- ants peril. 

Oct 97 6977 69.10 69Z7 *0-30 

Dec 97 6X30 6565 66.17 +X22 

Fob 98 6*90 6*50 6*75 -X07 

Apr 98 61X7 6160 6165 +X10 

Junta 6X80 6X40 6X52 -X10 

EsL sates 74)76 Tun rates 1L54! 

Tun open bit 32677. off <91 


BRENT OIL OPE) 'J 

Hltfi Low Ouse aige OpM memcampeso (CMER) U-S.duflanperbvrel- latsotljxnban^ •“ 

— 500000 pews, I par peso Od97 life I8J8 18J0 +2^S.9*i 

Flnnm-iAl ■]“'? -12847+4)01*1 1*516 NW97 18-56 18J8 1B39 Untav Sm 

rinanctai Dee 97 .12370 .mil imc.mn, noTT "K 


PORK BELLIES (CMER) 

4X000 Rrs^ ants per Bl 

Feb 98 6X15 6*80 6155 +X32 *29* 

MarPB 6*10 4*70 6 US imti *53 

Mayn 6537 unch. 85 

E*. M« 1405 Turt UM 1336 

Tim open bit *882, up 253 


„„ Financial Kw lim j»s iS 

5cp97 So* 9X02 9S4B +X01 X993 "SfM 1+?*° 

Dee 97 9*B6 9*84 9*84 unck X844 'im <ra«n rat 4X539, ofl 1637 

*** ,r396 3-MONTH STERUNG (UFFI 

EsL Mies NA. Tim soles 2401 CfflUXtO-ptsotiOOpd 

Twsapm lllf am off 1,749 Sep 97 V2J4 9X71 92.75 


-lMfS+«106 17677 D«P7 1861 1X48 1X49 -3S 2X2$ 

Marta .11925 .11902 .1191 5+4)0071 64)32 Jpnfll 1867 1X53 1X55 — tS ixhb 

Efel. Mies NA. Tim sates 1X380 £*98 1868 1864 1865 —6M 6674 

Tun open M 42^39, off 1637 Moras i860 1X50 1X50 —tan i«3 

Ffft Hd«< JJ BU\ n - 


STERU H» (U FFE) Prev. open taUlttlS^ip XIM 135,447 

uoftoau - pis a lau pd ^ 

Sep 97 92.74 9X71 9172 -081 10X411 -. . . — 

Dec 97 9260 9262 9263-081 12X469 CP IrKJeXOS 

Marta 9264 9261 9262 —X8I 107679 ^CMPIHOHICMER) 

Junta 9X66 9143 P264 -lei 729$ 


S YR TREASURY (CBOT) _ 

JlBWM win- pis HfitaterflOO pta junta 9266 9143 P264 -JTdJ 'nm »0*lodn "* - 

fZVj rats ISH! 12f-il ■« f«!2 2-S «JD mZa 215^2 2*2 i*lss4 


"B P A * IS 

ass im lift ism. fe 


MBoaob iHwrcflanofe oipotrat par 
share/ ADR; g -poyab te la Ctaodiqn fends. 
RHnantMy; o-orarafty; s^MaNramraal 


DK97 106-24 106-14 106-20 - 05 1718W ttata wti KJt njk ^LW 5*60 2SS 25^5 ^ «W3 ^ 'SS 

EsL stlasNA Tun rales 38*71 Mar 99 9187 9284 9285 -081 Sms 95X10 95X10 95X10 -*25 135a 

Tim open lit 24 1 621, up *153 £si. soles: 4X379. Prev. solas; 8X944 EsL sales NA.TimsiesB&59l t 

18 YR TREASURY (CBOT) Pwr.apenhXi 67*912 up X929 open l„t 2,1^, , ^ 

flOUfU prt). pb&32ntfs at 100 pta 3-440NTH EURO MARK ajrcpi FTSe 100 OIFFE) J 

rSE +1 12"?? I2"S '® nSS'ZS DM1 mlNor - pis cMOO pa Pgr Unto potnl ,c 

K 9X71 MJ2 UntaL 191849 ‘"W <966.0 49028 -3X0 57 676 

Mor« 1064)9 1004)8 1084)8 - 04 1794 Ota 97 9AA4 96.63 9664 +081 2893 u^S S030 - S S0,4 -° 49626 — 5X5 2X90* 

EsL sates N A. Tim ua« 8780 7 Na»W N.T. N.T. 9668 +X01 4M MorM KT I1T 50058 -SX0 1810 

Tups open 8838*791 up 1642 DkW 96^ «61 9661 Untfi. 28*871 !“■*««: 1M79. Piw. sole* 21243 - 

«TRE« «»■»««,„ 5£8 as “‘ft***® ; 

BB-BBw-fto.*,.,. as gs g2 is a we guaesL,. =- 

:s« SfS as SS SS SS'SS iSSSSSrgS 13 


a ms 

lift 12ft 
Sfe fe 
life life 

aft xtfe 
h h 
lft tfe 
Mft 16fe 
7ft 7ft 


lift life 
Uft IM 
IM 15ft 
lift ITh 
»ft Ufe 


7ft -ft 
lift -fe 
29 -tft 
4fe +fe 

Ul .fe 

ft 1 

im -ft 

A Jt 

■» +l ? 
ife 
16h 

7ft -ft 
_Sh *n 
14ft +ft 

* t 

life -ft 

]sr is 

ITh fe 
life fe 


W 5 

fe 


Stuck Tobies Explained 

Sates figures are onoftdaL^ Yeortf highs and tom reflfid At prevtow 52 weeks pbstaecuirenl 
ftwfcWnotttte Westtrading day. WhereospB or stodiiWdetKiiraiour*)gtoapercert or nrare 
Ins been pakLftevemhtatetaw range and AUand are shown fartw imw tducks only. Unless 
tahenwbe noted nrtc» of dMdentfa are annual (ttburaemente based ontrakactiteda i albta. 
a - (fividend also edia to. b - annual mte at OvMend phis stack dMdoncL c - nquWolUw 
dlvtaancL ce - PE tsiceeds 99*30 •caBctL d - new yearly low. dd - lass In lt» last 12 months. 
■ - tlMdand dedaeed or paid in prKMflng 12 nwilbs. f - anowJ rate, increased on last 
dedamflan. g - dvfdend ta Canaifian funds subjed to 1 5% nooftaidence tax. I - dvtdend 
dedared aftersptaHip ts-stodr UMcIircL | - dlvUencf paid this year, armed, deferred arm 
action Mem at latest dhridead meeting, k - dhrtdend dedarad or paid this pear, an 
acajrmHathretesuawHti dhtdends In amors, at -annual rate, wdoced an kstdectarettoa. 
n * new issue in the past 53 weeks. The ugtHow range begins wttt me sort of trading, 
nd -rwxtday dMuety. p-hHKardWtand, anmral rate unknown. HE - prlcMamtngs ratio. 
q-<tased«td mutual fund. r~dividend declared os pa Id In preceAig 12 monltis. plus stock 
tfl*Wend.5 -dads spliL Dividend begins with date of spB. sis- sales. *■ iMdend paid In 
slock in preatcflng 12 months, esfimatad cash value on ex-dMdend arax-dteMBuflon date. 
»- new yearty MglLv- hading halted. M -In banhniplcyorreeeteewh l pwbdng reorganized 
underlfte Bankniplcj, Act arsecurtOesassiinwd by such ampantaxwd-uriiendlsiifbuted. 
wl - when asoad/ ww - wtm unmnts. *- «6dMdend or M-rigtlt*. Mis - ex-dfctribution. 
XW -rrAhtrat warrants, y-ex-tflvldendoml sales m fun. y)d-yraidz- sate in full. 


_ Food 

COCOA (KCSE) 

10 awtric ftm- s pw kn 
fap 97 1654 1650 1650 +3 113 

Dec 97 1687 1660 1671 +4 4*627 

Marta 1715 1691 1700 45 27827 

Mayta 1719 1708 1719 +5 12639 

Julta 1737 1725 1737 +5 1911 

Septa 175* 1741 1754 +5 4663 

Ea sales NA Ton sates &242 
Tim open Im 107,98* off 166 


Marta 108-09 108-08 1084H 
EsL sates NA Turn sales 87,307 
Tim open bd 38*792. up U62 


COFFEE CmCSE} 

37JOO tor rente per lb. 

S*pw 201.00 Ita80 19980 -285 

Doc 97 185.75 18185 18X95 4165 

Marta 16750 16480 16X50 4)85 

Mayta 16080 15880 IS9.0Q -1.05 

Julta 15380 15X75 15X75 -I JO 

Est rates *67! Tun §utaX441 
Tim open btf 2X72X up tm 


WJpirrH EUROMARK OJFFE) FTSEj OOgiFm / 

DMlmlBai -jnsoniMBCt r 5 5¥ k| 9“P*i1 c 

Septa 96.fi 9t7i Undt 191849 WX 0 4966.0 49028 -5X0 5767b 

yta 9*64 96.63 9664 +081 jew 2£S2 501 i0 496X5 -SXS 2X904 

NwW N.T. NX 9XS8 +081 400 MorW NT IT 50058 -SX0 l^Jfi 
ESE Un «L 284871 1M79. Piw.sole* 21243 : 


SWARW0RLD11 (NCSE1 
11X000 8m.- cents per ft. 

0097 1164 11.36 1160 4L10 

M«r» 1283 1183 11.93 4L0B 

Mayta 11.97 1183 11.90 4US 

Julta llJtfl 1186 11.72 4181 

EsL «da 3*639 Tun sates 16J23 
Tim open fad 203.12X off 1,176 


US TREASURY BONDS tc&rn Junta 94.17 96.13 96.16 ^83 219 am 

BWItttO0XptS& 32nd* g| 100 pd) Septa 9694 9X92 9X94 +083 157 717 

5q>97 1134)4 112-23 112-39 - 08 1*7,29 Dec 99 9X70 956* 9569 \s9£\4 

2£2 ]J2-M 112-17 -0B 40*131 M«» 96S\ ta*8 «5 SS Szffi 

MWW 112417 112-00 1124M -00 3X979 Junta 9X34 «J1 9533 j 

Ml™ 111-26 - 00 2640 EsL ales; 15X047 Pm, — ■— 

EsL odes NA Tun iotas 30*49? Piw.opwlntj 166X937' off 11^ W 

Tiwtapen hit 50X901.0**376 ^ 

LONfi CtLT OJFFE) MSmESSR?* 

£swgp.px&3aid*afTO0pa Sepwatao ^ 

5w97 11X30 115-12 115-14 -Mr 7416 Saw 9*M 9*2 «ra “aS; 

J* 97 115-04 114-26 114-30 UiKh. 154666 Marta SS K 

MWW XT. N.T. 1144Q UnefL Junta 0*19 taJ7 iojS 

|^*ale« 3&52X Prav.soia: 0*062 5«p« 9X99 US06 9X» JoS 2440 

Pnw.apanbdj 161882 up 4643 Est. uiw 49832, 24357 

German cov. mikd nircpi Opwlnt: 24X661 off X921 


LONG GILT (LIITE) 
£5X0gp- px&32nds or 
Sep97 115-30 11X12 


ffwta 294*5 2897.0 28«8 -4X5 1831 
£kW 295*5 28968 2899J -468 3324 
Mar 90 29418 292X0 292X0 -466 1X00 
gM-Mtw,2X38X 

Often biL; 69^37 up 186* , H 


Commodtty Indexes 


GERMAN COV. BUND OJFFE) 

DftCta 1018? fo!2t P ?01 JO +087 25*671 ?^SSlJfVKy 
MarW 10X91 100.91 100,91 +aia 196 sSw«.iS fc M. 1 i? p *iiA 
EsLsdot IDJ97. PtBv.setai: 141873 Dee 97 9385 9X47 9151 

Pl». open WL' 25*067 off 764 Mar 98 9482 9195 9197. 


Moody's 

Reuters 

CR8 Fuh,ra8 


PTOThBi 

l/raji 

1«7.7S 

1*9.99 


* •«'4§ • 'I 


if; 


fc:- 


iv 




Iky! \ \ m 




irL 1 miuon- p'srtiooper »-R8 

Dra97 9355 9X« Ssf i*JjO mm L0Mtaa 

Mar« W82 9195 9397 'SS M 


\t L; 1 ' 

■ _ - 1? -u 

■ tv . 1 . -»•, 


^ 1 

"•>/ v ' r x * n * 

■'; r • ' ' ' ■ " '-a 

.• f.l *■ \ ... 

t ‘ X ; ‘•'I 

e •- .. 's’ 1 1 

"■ ' *•■• »+ 








INTERNAT1 


SEPTEMBER 24, IW7 


edges' 


M*! :. 
»* au-,< 


: 

ife ■ ; «r' 

^’VV.L;- 

»*; -’av ■' • 

». *4.- »fe-. 






; K - i <% 

,. qUes Uo t ♦ 

, lana Aft« t 

av *Hl 




Share Issue 
Planned by 
Bank in 

Germany 


CorgiM by Ow Sag From Dapuackcf 

FRANKFURT — Commerz- 
bank AG said Wednesday that it 
would sell 30 million shares to 
finance a “controlled buildup of 
investment banking.' ’ 

The bank said it would issue 
the shares in October in a rights 
offering expected to raise about 
1-5 billion Deutsche marks 
($825.9 million). 

One new share will be 
offered for every 14 held, and 
the subscription period will be 
Oct. 14 to 28. 

Commerzbank shares fin- 
ished down 2.25 DM at 62 after 
the announcement of the sale. 

The move is aimed at raising 
Commerzbank’s capital base 
and filling its war chest for a 
possible acquisition, especially 
in investment banking the 
company said. 

The issue price will be set at 
the start of October, and shares 
that were held as of July I will 
be entitled to dividend pay- 
ments. 

The capital increase is aimed 
at keeping pace with the sharp 
expansion of the company's 
business volume, which has ris- 
en 17 percent this year, to 530 
billion DM. 

The announcement contra- 
dicted a May announcement in 
which Commerzbank said it had 
no plans for a capital increase. 
Commerzbank repeatedly said it 
would concentrate on internal 
growth rather than acquisitions 
to increase investment banking. 

(Reuters, Bloomberg ) 


ESTERNATIONAL HERALD TRIBUNE, THURSDAY, SEPTEMBER 11, 1997 

EUROPE 


PAGE 15 


France Telecom Profit Up Ahead of Sale 


Cao^ttlni by Our .‘utgj Fiat, Oii/vulm 

PARIS . France Telecom, 
which is being geared up for a partial 
privatization, said Wednesday its 
profit rose 41 percent to 8.9 billion 

™£SJpl-5 billion) in the first half 
of 1997. 

Chairman Michel Bon hailed the 
government’s plan to sell 20 percent 
of the state telecommunications com- 
pany on the stock market in October, 
and he predicted a profit of more than 
14.5 billion francs for the year. 

'*1 ro delighted by a decision that 
will allow France Telecom to take 
on us rivals on an equal footing.” he 
said, referring to the share sale. 

Bui officials of the Communist- 
led CGT union said Wednesday that 
unions at France Telecom were dis- 


cussing protests over the planned 
privatization, including a possible 
strike, and said Tuesday had been 
suggested as a possible strike date. 

“Things are under way,*' said 
Jean-Pierre Delezenne, one of three 
CGT administrators representing 
workers on the board of France 
Telecom. “There are contacts be- 
tween the unions. Sept. 16 has been 
suggested as a date.” 

The first-half profit, up from 6.3 
billion francs in the like period of 
1996. came with the help of a 1.1 
billion- franc capital gain from the 
saleofFranceTelecom’s7.5 percent 
stake in die mobile-telephone op- 
erator Cofira. Sales rose 2.3 percent, 
to 76.8 billion francs. Operating 
profit fell 1.1 percent, to 16.6 billion 


francs, mainly because of a cut in 
rates that was aimed at increasing 
business, it said. 

Finance Minister Dominique 
Strauss-Kahn revealed plans Mon- 
day to offer 20 percent of France 
Telecom to domestic and foreign 
investors and to sell an additional 3 
percent or 4 percent to employees 
and to retired postal and telecom- 
munications workers. 

The aim is to put a value on France 
Telecom that will later allow it to link 
with Deutsche Telekom, wiih each 
one taking 7.5 percent of the other, he 
said. France will give a price range 
for shares Sept. 22, and france Tele- 
com said it would begin present- 
ations worldwide Sept 23, when in- 
vestors will be able to start reserving 


Bonn Edges Closer to Euro Goal 


Capt/n/fiy OurSatfFnm Aifxjft bn 

BONN — The German budget 
deficit shrank to 3.1 percent of GDP 
in the first half of 1997, from 3.4 
percent in the same period last year, 
according to provisional figures re- 
leased Wednesday, bringing the 
deficit closer to the 3 percent re- 
quired for qualification in the first 
stage of European currency union. 

the government insists that it will 
meet this goal, with faster growth 
compensating for the cost of high 
unemployment and lower-ihan- 
forecast lax receipts. 

The government’s Federal Stat- 
istics Office also said Wednesday 
that it had revised downward its 
calculation for the budget deficit for 
the whole of 19%, to 3.5 percent, 
from a March figure of 3.8 percent 
Meanwhile, in Brussels. Jacques 
San ter, president of the European 
Commission, said a “substantial 
number" of European countries 
would switch to the common cur- 
rency on schedule in 1999. 

Mr. Santer said the recovery of 


European economies, combined 
with governments’ determination to 
cut their budget deficits, would al- 
low many of the European Union's 
15 countries to meet the deficit lim- 
its required for users of the euro. 

He added that the commission, 
the EU’s executive agency, had not 
been distracted by talk over delay- 
ing the project. Some German politi- 
cians have called for a postpone- 
ment to give the EU more time to get 
its economy in shape. 

EU leaders will pick the starting 
group for the monetary union in 
April or May 1998. based on J997 
economic performance and the out- 
look for future years. 

Other figures released Wednes- 
day showed that German GDP grew 
1 .0 percent in die second quarter of 
the year from the first quarter, on a 
seasonally adjusted basis. 

On a year-on-year comparison. 
GDP was 2.9 percent higher than in 
the second quarter of 19%, after a 
revised 1.1 percent rise in the first 
quarter, the statistics office said. 


The office said that the export 
economy was “once again the main 
plank of the economy." though in- 
vestment in plant and machinery 
equipment increased, too. 

Second-quarter GDP in Western 
Germany, which accounts for nine- 
lenths of the German economy, was 
up 0.8 percent in the second quarter 
and rose 2.1 percent from a year 
earlier. The economy of the five 
Eastern states increased 2.5 percent 
in the quarter and rose 1.1 percent 
from a year earlier. 

Exports grew 13.7 percent in real 
terms in the second quarter, com- 
pared with the similar period a year 
ago. while imports increased far 
more slowly, up 7.8 percent 

But there is little evidence that 
export-sparked growth has reanim- 
ated the domestic economy. Falling 
business confidence among retailers 
and builders and plunging domestic 
orders for capital goods suggest the 
domestic economy may lose out on 
the export boom for months to 
come. (AFP. Bloomberg) 


stares. On Oct 6. die price will be 
set, and investors can start making 
firm orders. 

Shares are to trade in Paris and 
New York on Oct 20. Mr. Bon said 
shares would be offered to small in- 
vestors at 5 francs less than the price 
proposed to institutional investors. 

Separately, the European Com- 
mission welcomed the partial pri- 
vatization. 

The EU research commissioner, 
Edith Cresson, and competition 
commissioner, Karel Van Mien, 
said the move was "essential to 
ensure the company’s competitive- 
ness" and was evidence of “eco- 
nomic realism * ’ in the face of grow- 
ing competition in a global market. 

(Reuters. AFX, Bloomberg) 

Philips Gains 
License to Use 
Psion’s System 

Bloomberg News 

LONDON — Psion PL C 
named Philips Electronics NV 
on Wednesday as die first li- 
censee of the operating system 
the British company uses in its 
handheld computers, raising 
hopes that its technology may 
become an industry standard. 

The Dutch consumer-elec- 
tronics giant will make a range 
of data and messaging devices 
based on Psion's EPOC32 sys- 
tem. The first, a phone that can 
send and receive fax messages 
and electronic mail and link to 
the Internet, will be marketed in 
America at the end of the year 
and in Europe early next year. 

Psion's shares rose 17 pence 
at close at 419.5 t$6.67). 

Psion has said its other “ma- 
jor" licensees have requested 
that they not be identified. 


Frankfurt 
DAX : 

4500 

4250- — 7\ 

m 

3750 - y- - 


London.. , Baris.-. 
FTSE 100 Index CkC 40 

: 5200 - - ' - ■ 3250 — ' 

5000 - JU 3100 

4800 - 2950 -- 


Amatpnfem 

Brusstfla ■■ 

Frankfurt 


J ’ K s' «Vfi« -J' 

1997 1997 


' BEL-20 ■; 

PAX 

Stock Market 
OBX 

FTSE 100 
Sto ck Exchange 
fcBBTEL 
CAC40 ■ 
SX16 . 


tfeJsJnkt 

Onto 

London 

Madrid 


Stockholm 


J A S “““A tfj'j'A'S 

1997 

Wednesday- Prey'. - v *. • 
Ctoe® Ctose - Change 
877 . 5 S 895 . 17 ' - 1 . 07 . 

“ 2363.77 2 , 405 . 42 : -< 1.73 
4 , 050.14 4 , 094 . 39 ■ - 1.38 
611.37 61084 -. 

3 ^ 35.04 ■ 3 , 442 . 70 ’ = - 0 J& 
701 . 3 $ 704.72 -048 

4,90530 4 . 950 . 50 : -fcSB. 
58072 593.90 _ - 0.70 

14643 . 14677 \ 
2 * 74,57 2 S 1&72 : ‘■USS; 


Vienna . ATX 

-L371.it 1.394*06 ■■ >1,85: 

Zurich SPl 

3,458^3 3.50tS8 

Source: Teiekurs 

bnenurueut HcrsM Tribune 

Very briefly: 



• Thuraya Satellite Telecommunications Co. of Abu Dhabi 
said it was signing a contract with Hughes Electronics Corp- 
for a SI billion satellite system to extend mobile telecom- 
munications across the Arab world. 

• Bouygues Offshore said its chairman. Ivan Replumaz, and 
a managing director, Hcrve Le Bouc, had been placed under 
investigation in an inquiry opened a year ago. 

• Bayerische Vereinsbank AG is buying from Groupe des 
Banques Populaire of France the 51 percent stake of Banque 
Internationale de Credit & Gestion Monaco it does not 
already own. Terms were not disclosed. 

• Compagnie Finandere de Paribas's first-half net profit 
excluding asset sales rose 13 percent, to 337 billion French 
francs ($552.4 million], on higher investment income. 

• Telecom Italia Mobile SpA’s first-half tier profir rose 40 
percent, to 614.7 billion lire ($348.4 million), as Europe's 
largest cellular-phone company added 1.26 million sub- 
scribers to increase its client base by 22 percent. 

• Deutsche Lufthansa’s new sales distribution strategy will 

involve no layoffs, the airline said, contradicting a report in a 
German magazine. Reuters. Bloomberg 


WORLD STOCK MARKETS 


Wednesday, Sept. 10 

Prices in local currencies. 

- . TirtMun 

■ men Lot C lose Ptm*. 

,6 Amsterdam a bc M e ws 

i PrwioBK ns.17 


ABN-AMRO 
Aegon 
Atom 
Abo Nobel 
Bam Co. 

Bats Was am 

CSMcva 

Donfladie Pei 

QSM 

Elsevier 

Parts A me* 

Grtronla 

G-Braccvn 

Hagefneyer 

U e firt en- - - 

Hoogavensam 

Hum Douglas 

1NG Group 

KLM 

JCNPBT 

KPN 

NedtoydGp 

Nutrida 

OwGrirten 

PW*J»Ekt 




Rmufatnd Hdg 

Rabeco 

RmUotco 

Ralncn 

-Roreido 

fiflwtDufc* 

Unilever am 

Vendor rna 

VNU 

Staters Klcwr 


Bangkok 

AdvIntaSvc 
BongluABK F 
Krona Thai Bk 
PTT&ipIcr _ 
A SfcmCerattrtF 
Siam Corn BkF 
* Tetecomasio 

Hid Cam 


Bombay 

ire 

MahonoowTe! 
RMncelnd 
State BkbHflo 
Steel Amhorty 
Tata Eng Loco 

Brussels 


39 39 JO 

151.70 15140 
50.20 5050 

310 3)9X0 
12550 1 2050 
3250 3250 

93.70 94B0 
106.80 10750 

7S9 78950 
31.4) 3150 
8140 81.70 
59 5940 

53.70 5* 

10020 10050 
311.10 313 

117.30 117-00 
8650 8840 
9CL20 WLflC 

72 72.10 

4240 <250 

71.10 7150 
6050 5150 
5950 5950 

232 232 

146JD I48J0 
10750 10750 

83.10 84 
19450 19450 
6150 61 JO 

195 195 

11750 11750 
706 >0 10680 
0360 42450 
170.10 1U10 
4330 £150 
238 238 : 


SET tatoc 54155 
Proton: Sts*l 

212 216 220 

175 175 179 

2455 2450 2675 

382 382 406 

SSO 600 652 

105 108 109 

2950 30 3255 

46 46 49 

102 105 113 

121 T23 r28 


awn 31 totac 4845*1 

Pmtoec48ttJ5 
833 845 83825 

1389143855 1384 

484 49SJ5 490 

105 1 05J0 10755 
541 551 546J0 

364 269J5 26575 
340 343 34225 

28350 285.75 28950 
18 I US T95D 
346 35350 354 


T; - 


Etodnrffem 


> Etedroftai 
Perils AC 
Gevoert 


Gevoert 

GBL 

Gen Banque 
Kredetbank 
Petrafija 
Powerfln 

&£» 

UCB 


BELr* Mae 23037 
Mas 2485*2 

1670 1625 1640 1650 

7630 7500 7510 7640 

SU8C 9300 9150 9510 

3150 3050 3110 3131 

17900 17500 1730 17725 
1725 1685 1690 1695 

7620 7500 7510 7600 

3S1S ££ ££ ££ 

£3 S3 3S 

5880 5600 5650 5870 

14575 14225 14300 14500 
14850 14100 14375 14700 
14100 13600 13800 14050 

4920 4900 4900 4915 

10475 10025 10275 10400 
2230 3330 3435 

2170 ?IS5 

14850 14750 14775 14OT 
122950 12 1300 121300 122150 


Copenhagen 


Codon 
Dodsa 
Den Donate 8k 
n'SSwadbrgB 
IVS1912B 

FLSIndB 

ftob Urfhoviw 

... DonmkB 
Tnm BaHfca 
UnunmortA 


Frankfurt 

W AMBB jm 
> T Adda 21SJ0 

AHonzHdg n* 
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U&rfn USD 

BASF WJ0 

tssssss* 

b. || 

fiMW 9 ?3» 

CXAGCttaW IUSD 
Conawaonk 6160 

S“ er ® Hn 'fi-S 

Degussa 97.10 
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UntTeMan gJg 
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39T 

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m ftWtaffl 657 

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Stock iodme 611.37 
PmvtauBti&M 

372 375 375 

3<2 344 Jffl. M 

919 W0 920 

370 370 372 

655 657 656 

42tW» 421000 424424 
286000 2B6000 295000 

198 200 M0 

753 75576 752 

675 6B0 68169 

984 990 9S5 

349 w m 

3B4 391 3W 

399 406 400 


DAX; 4858.14 
Pravtaos: 4094S* 

1675 1675 76B 

217.50 218 219 

410 413 417J0 

123J0 124 124.90 

44JC 4440 4480 
U 64 63.W 
68.15 6910 69i5 
99 JO 99J0 97.10 
69.85 TO 70 

79.10 « »» 

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161 162 166 
41.70 * 

13450 137 139-85 

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516 516 531 -SI 

861 JO 8g 881J0 
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8350 8M0 
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485 487 JO 499 JO 


RWE 
SAP ptd 
Schatag 
SGLChroon 
Steners 
Springer (Ami) 
SoednKkw 
fflWMH 

VEW 

Vtag 

VUmmsm 


High Lew 
8530 84.10 
477 JO 42420 
186 JO 181 
242 Z37 

116 1I1B0 
1500 1500 

869 869 

428JO 423 

10080 99 JO 
560 560 

792 78550 
1186 1160 


ClnM Prey. 
8465 84.70 
iK41 428 
18130 185 

241 239 

115.20 11575 
1500 1515 

869 863 

OS 43050 
100.10 101 
560 577 

786 785 

1165 1187 


Bik Steel 173 

Bit Telecom 409 

BTR 221 

Burooh Cnskot n.05 

Burton Gp 171 

CobteWiRtess SJ0 


High 

Lew 

Close 

Prav. 


High 

Lew 

Oase 

Prav. 


High Lew aon 

Prav. 


High 

Low 

aou 

Pm. 

4J2 

4*3 

4*4 

470 















1J3 

1.71 

1.73 

1J2 

BeoCnnmltnl 

4610 

4545 

4600 

4625 

Ptaautt- Pitot 

2565 

2511 2529 

2550 

ABBA 

113 

no 

in 

112 

4*9 

40? 

401 

439 

BaMprai 

6200 

6(05 

6160 

6200 

Promote 

7160 

2120 7130 

7148 

AsaDoroan 

242 

236 

240 244,50 

221 

Ill 

2.18 

2.14 

Boa di Roma 

1665 

1625 

1635 

1665 

Renault 

169 

16S 16690 

169 

AriraA 

13650 

132 

13350 

13S 


Benetton 
OedUo Itafiono 


27450 27150 
3580 3495 


27450 27400 
3540 3590 


Rad 

Rh- Poulenc A 


EnaoA 

HuMnwAil 

Kendra 

Kesta 

MeritaA 

MekoB 

Uetso-SataB 

•Nwte 

NotaaA 

Orian-YHynae 

OotaJujaipuA 

UPMKjmwne 
Vat met 


« 4770 
218 21B 

4940 46.70 
72-50 71-30 
2270 22J0 
158-50 155-50 
46 45 

138150 136 

459 448 

ITS 173 
»l *0 
132-50 130 

81 79 


Hong Kong 


Amoy Praps 

EJc East Asia 
Cathay Pndft 
Owunfl Kang 
CKInfmEkud 


Hang Lang Dev 
Hang Seng Bk 
HtnanoaUw 
Henderson Ld 
HK. China Gas 
HK Electric 
HK Teteajmm 
HaaaMflHdgs 
HSBCHdgs 
Hulddson Wi 
Hyson Dev _ 
JohasooaHdg 
Kerry Pto« 
NewVtaMD* 

anwiM Press 
PeadOitenW 
SHK Preps. 
STwnTAHdgs 
StaoLandCa 
5*i China Port 
5n**PqcA 
WhortHdgi 
Wheetodi 

Jakarta 

Astra Inft 

BMnMtadon 
S* Negara 
Gudang Gaim 
Inttacemed 
Indofeod 
tndosat 

SwapaernaHM 

5qne nGiedk 

TeletemraAnsi 


3700 3725 
1000 1050 

1025 1035 

9975 10125 
2500 252S 

4000 4075 

7800 7850 

8350 S37S 
3450 3500 

3550 3600 


Johannesburg 


AsnalgamtaBte 7RS& 
AmfoA mCu* 771 
AngtoAm-Gwp 252-50 2 
AngtoAmGaid 244 
AimtaAra Ind 193J5 
AVMJN 
Bartow 
C-aSmffli 
De Beere 
Driefanteta 
F4NaBBk 

Geticof — — 

GFSA 101 JO 1 

n$, 

Isccr 

JohortK M 

Mima 
Norepc* 

RwSrawflGp 6*3 

Rtehemtirt 
RuriPtaflnwn 
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Sasot 
5B1C . 

TTgBrOrfc 

Kuala Lumpur 

AMMBHdgs 1gJ0 

mSw ®' 5 

ssr ■ | 

IS 

WrtSSx 1030 

YTL 


31 JO 31 JO Jj1J0 
271 271 771JJ 

24975 25OJ0 2SJ 
242 242-50 244 

190 192 19475 

12J5 12.90 13 

J6J5 5650 57 

24J0 24J0 2A20 

14450 14450 148 

3175 32 3255 

3975 3975 3975 
71-90 11S0 1270 

10150 10150 10150 

4250 6275 63 

23 2370 2370 
112 114 3.16 

6450 6575 45 

» Mfi 306 
14150 14175 14275 
1675 1685 1475 
9* 9BM W75 
1850 IB-50 1970 

« 4475 

63 6475 

136 
39 
64 

209 210 2W JO 

71 JO 7250 71,25 

c— 

10 1070 1060 
1050 1070 law 
18JD 1040 19 

545 550 5-55 

IS 9A0 9A5 

90S 9 AO 9.M 

286 279 J® 

32a 330 3J2 

7 7.W 7.7J 

26 26 26J0 

785 7.10 750 

970 9 JO 10JO 

8.90 9 935 

13 1120 J* 

6J5 445 6J0 


London 

AbhgrNon 
Aired DflOecq 
AngBai Wder 


BAT tad 
Boat Scotland 
BhraOidB 

BOCGnxrp 

Boots 
BPBtad 
Bifl Across 
BrtAinWVs 
BG 

Britlirf 

Bii»Pe»n 


168 8J3 

489 *62 

8.12 , J 

657 685 

IM Ml 

576 5.18 

588 5J1 

1480 ’477 
BJ0 8J1 
579 570 

4J8 425 

382 381 
1036 1045 
8.17 

381 3J9 

1585 I** 

672 635 

2JD 284 

59J 536 

9J8 886 


FT-5E10ft^» 
Proton: *95059 

a <3 455 W 

ib 484 468 

8 aw in 

645 686 6^ 

I rt l JO 143 
sw 576 574 

531 5J1 « 

427 1429 1448 
831 831 8* 

570 571 5» 

425 477 437 

381 383 

045 1034 1046 
80S DSt 012 
3J9 380 3^ 

5J3 IS5f 
655 686 4S 

2*4 TJt Z8« 
SJ6 589 5S 
886 892 9.07 


CodburySdiw 5.96 

Carton Conm 4.95 

Coreml Unton 784 

CorepassGp 687 

Cos&Ms 3)1 

Dtsons 637 

Eieckocompoaeids 4.90 
EMI Group 6 

Eneroy Group 435 

EirterartseOf 783 

Fora Qtoniai 1.74 

GenlAcddeid 9.45 

GEC 4 

GKN 12.92 

Gtam Wetcome 1198 

Granada Gp 812 

Grand Met 5-34 

GR£ • 182- 

GreendlsGp 478 

Guinness 586 

GU5- ' 682' 

Hnw 651 

HSfiCHMgs 1976 

ta io.u 

Imp) Tobacco 
lOnnfctor 
Lodbroie 
Laid sec 

Losmo _ _ 

Legal GenlGip 488 

LtaydsTSBGp 781 

LuauVaifly 116 

MmtaSpencef 5.96 

MEPC 477 

MacwyAssei i2-B 

NattanotGrid 288 

Ndl Power 588 

HotWest 831 

Neri 7.B0 

Norwich Uotan 3J3 

Orange 116 

PM 680 

Pearson 7Jf 

Premier Farne* 539 

Prudential 68Z 

RidHrackGp 774 

HtotGrtnp 
ReddttCotm 980 

Redtand 194 

Reed lift 580 

RWtokS InHto 279 

ReutetsHdp 681 

Rexam 

RTZreg 1028 

RMCGrocp fig- 

RojaiWlXDl 6.18 

_ iiS 


Helsinki hexgb — ratenac M^ 

PrevtaoK 34*170 


48 4320 
218 217 

4670 48-50 
7180 7180 
2140 2110 
15570 15BJ0 
4550 45 

136 13880 
44980 452 

174 175 

90 2 

132 129 

79 JO 80.90 


Protam: 1499646 

7.75 780 8 

27.90 28 28.10 

12.90 13 13-15 

B6 87 87 

2440 2440 2440 
42 4280 4110 
M 4670 4840 
3780 3B 3880 
815 835 aas 

1405 1410 14.15 
95 96 9680 

875 875 895 

65.75 6680 67-50 
1585 1580 1620 
29 JO 29 JO 2975 
1735 1780 1785 
438 440 447 

234 235 238 

7280 7115 7475 
2380 2380 2190 
21 2170 II 
1885 1885 1880 
4770 4870 4980 
158 140 280 

133 134 135 

9935 90 9035 

483 488 483 

7.15 7 JO 730 

4J5 635 680 

as K 6580 67 

2850 2880 2985 
1635 1680 1690 


Sort Power 
Secwfca 
Severn Trem_ 


SmWiK6fie 
Srnttemd 
SltomElec 
Stageoadi 
5tand Charter 
Tale Style 
Tesar 

Tbo mu Water 
31 Group 

71 Grata 
Tonildni 
Unflevar ■ 17.98 

Utd Assurance 442 

Uld News 

UMIMB --- 

Vendococ Lx uts 474 

Vodortne 

Whibraod 


S33 

534 

5*6 


8410 

Kins 

MU 

B410 

Sanofl 

582 

567 

5*4 

5*8 

5.93 

EN! 

100/0 

9975 

9930 

10030 


H620 

334 

479 

4JW 

4*0 

FM 

5715 

5550 

5550 

5660 

SEB 

848 

835 

7*5 

7*7 

750 

Genera Q Auc 

38000 

37650 

37750 

J7B50 

SGS Thomson 

542 

535 

5*0 

5.91 

6*3 

IM! 

17140 

16700 

16785 

17140 

5te Generate 

793 

773 

3*7 

no 

3*8 

IMA 

2625 

2600 

7600 

2620 

5odexta 

27 29 

2677 

6JJ 

63S 

6J1 

mfeas 

5600 

5490 

5510 

5535 

SlGatate 

712 

899 

4*0 

4*2 

490 


8040 

7930 

7980 

8000 

Suer (Ckd 

ILT. 

N.I. 

kli 

575 

576 


12230 

11950 

12200 

12200 


674 

69 

633 

633 

629 

Mmfedkion 

1167 

1152 

1157 

1158 

Synthelabo 

712 

705 

651 

693 

7 Ml 

OlvefS 

906 

660 

STB 

B51 

rhoonon CSF 

167*0 

165-20 


1.74 134 

9-22 980 

196 197 

1285 1195 
1144 1183 
804 109 

576 580 

17 i 278 

472 478 

536 581 

688'- 557 
649 684 

19 1930 
1611 10.03 

195 195 

783 783 

281 282 
a?5 B79 

286 1 67 

667 480 

773 736 

114 111 

585 584 

473 676 
1125 1152 

166 165 

587 583 

832 814 

784 776 

141 147 

11J 2.16 

667 673 

783 7M 
183 185 

7 JO 776 
533 537 

533 637 

783 787 

151 156 

972 985 

288 194 

168 578 
127 126 
670 687 

199 196 

1077 1089 
1075 1080 
275 130 

612 589 
5.11 5.16 

3.96 382 


WPP Group 
Zeneca 


Madrid 

Arotaax 

AGESA 

Agues Barceton 

Araentaria 

BEV 

Banesto 

Bantaite 

Bco Centra Hlsp 

Bas Popular 

Bco5ortoxta 

CEPSA 

Cotdinaite 

FECSA 
Ga* Natural 
Iberdrata 
Pryor 


18*5 

17 J7 

17*5 

1810 

7*7 

7J8 

7J9 

7*2 

472 

460 

460 

4*9 

2*6 

2*1 

2*1 

2*4 

8*2 

855 

857 

857 

4*3 

436 

437 

434 

11*7 

11*8 

11*1 

1167 

1*7 

1*5 

1*7 

1*5 

5-9 

JJ9 

5*2 

551 

8 61 

860 

863 

8*0 

465 

457 

458 

4*3 

6.75 

6*6 

675 

6-71 

814 

7.94 

812 

80S 

4177 

198 

405 

4*4 

438 

4J0 

437 

428 

8 

7*8 

7.94 

7*1 

496 

491 

496 

4W 

620 

6*8 

813 

611 

120 

109 

IIS 

110 

17.98 

17*3 

17*5 

1811 

4 A3 

435 

435 

437 

7*8 

730 

7*6 

7.16 

7 JO 

6*3 

683 

690 

474 

464 

474 

465 

119 

110 

111 

334 

8077 

7*5 

795 

8*4 

175 

358 

3*0 

172 

477 

4*5 

471 

4*1 

2*3 

2JB 

2.79 

1/9 

19J5 

19*8 

19.10 

19.17 


5mBaaoEtac 

fattaciiJeni 

Tetetouai 
Untan Fenosa 

VokncCrmenl 


Manila 

AitooB 

C4P Homes 
MwaoBKA 
Metre Bonk 
Petren 
POBta* 
PhilLcng Dftt 
SonWg^S 
SM Prime Hdg 

Mexico 

Attn A 
Swxica B 
DtmexCPO 
QnC 

EmpModom 

GpoCosoAl 

GpoFBcawr 

GSRnlnburea 

I^OokMex 

TetwtoCPO 

TelMesL 


Balsa utaK 59977 

Pmfeu;591M 

24470 24600 244S0 
J 885 1915 1W 
5610 5650 5720 

7670 7700 7770 

4125 4140 4195 

TA® 14« 1£0 

8030 8030 8250 

5790 5820 5930 

8800 8860 8880 
4260 4260 4320 

4390 4430 4470 

2900 2930 3050 

B400 6440 8540 

3125 3160 31J5 

1200 1 200 ISO 

7110 71» 72U 
1740 1760 173) 

2650 2685 2730 

6130 6160 61 BO 

1355 1370 USO 

3170 8190 K50 
«75 4295 4010 

1215 1225 1220 

2835 2835 2835 


PSE tadoc 221177 
Piutaw 222886 

1675 15 1575 1580 

18J5 18 1880 1175 

m 119 w '2 

625 195 605 63B 

7BJQ 76 78 78 

JM 387J0 397-50 387^ 
49S 685 685 495 

162 160 141 161 

8« B80 880 880 

58 55 57JD 5650 

7.W - 680 7.10 770 


Batotadtt«61J7 
prevtaes: 493786 

6380 6330 6150 6380 
2175 22JO 2135 2280 
39JS 3&SQ 3V0 J9JX) 

MB If® 

4085 3975 3980 4080 
61 JQ 6070 6070 6080 
244 3J4 137 344 

3380 3285 3195 3180 
3650 3680 3615 3670 
14630 14380 143J0 14540 
1BJ2 1114 1622 18J6 


Milan 

MamaAsstc 14880 MM M« 1 «0 


PnraiaJal 

PtreC 

RAS 

Rota Bavs 
SPaato Torino 
T ele com Italia 
Tim 


2735 2685 2705 2725 

4745 4640 4640 4730 

14800 14610 14770 14730 
23100 22150 22150 22650 
12990 12650 12700 13000 
11230 10805 10860 11130 
6295 095 6095 6250 


1625 1555 1558 1619 
237 23380 23690 23580 
582 567 570 579 
1620 334 334 3/2-50 
840 835 840 848 
S42 535 540 535 
793 773 786 787 
2729 267? 2684 2703 
912 899 901 907 
NX NX N.T. 15.10 
674 652 655 672 
713 705 707 745 
1780 165.20 166 16550 
647 615 622 665 
11,90 10970 109.70 TIT-50 
370 36020 36050 370 


SSo Paulo i-RS-iiSiS 


MontraaUc 

Bet Mob Cora 
CdnTlreA 
Cdn Ml A 
CiFW5k 
Gal Metro 
Gt-Vtest LUecn 
ftnasca 
InverforsGtp 
LnbtawCas 
Mao BkCarada 
Power Cwp 
Power Rrrt 
GoebecorB 
Rogers Coram B 
Roful BkCda 


Bredesca Pta 
Smbr no PM 
CawgPid 


51 51 

2780 27-55 
JTYi 37V> 
4120 <3-70 
1045 1845 
32W 32'* 

39.05 29.45 
3640 33M 

21 2070 
18.15 18 

3885 39 

3685 3745 
76.90 2616 

9.20 9 AS 

6540 66 


OBX Men 7*1.35 
PlWioo*; 70672 

127 1 27 JO 127 


Capet 

EWrotons 
Oaubanco Pfd 
LtgMSentckB 


PetraiansPW 

PouOstaLui 

Sidftaoond 

Sou za Cnn 

Tetebras Ptd 

Tetemlg 

Tttaj 

Tetesp Pfd 

UribraK* 

UstmmasPU 

CVRD Pfd 


1030 1000 
75*500 78600 
56-50 55.90 

’not jtjoi 
17J5 1740 
575.00 56100 
589 JD 589 JO 

S OI 46081 
00 32900 
30100 29880 
TB780 18780 
4180 4080 
10.10 1080 
I44J0 14140 
17580 16580 
14880 14580 
33100 ~>9” to 
3880 3780 
1185 117V 
28.10 27 JO 


iaio 1020 
79080 BtXLOO 
55.90 5699 
0280 82JCT 
1740 17J5 
56680 57480 
589 JO 589 .99 
46680 47880 
33980 36080 
29980 30179 
18780 189 JO 
4080 4180 
1089 10.10 
14240 14150 
169.99 17120 
14580 14980 
329.96 33280 
3780 3080 
1180 1170 
2780 2880 


AteCopcoA 
AutaBv 
EtecJaiiaiB 
Ericsson B 
Hermes B 
hcerrfrve A 
investor B 
MoOoB 
Honttankea 
PtianiVUptoin 
SancMkB 
Santa B 
SCAB 

S-E Banker) A 
Skondia Ears 
Skmska B 
SKFB 

SpartxmkaiA 
SoraA 
5v Harxtes A 
Volvo B 


Sydney 

Amcor 
AKZ Bkhig 
BHP 

Ekral 

Brambles ind. 
CBA 

CCAmaS 

CateMyer 


Campasllv Met 69143 
Pteviau: 68877 

86000 85100 86000 B5800 


Easters Brew 
Goodman Fid 
la AusbnBa 
Lend Lease 
MIMHdgs 
Mat Ansi Bank 

Nol Matin* Hdg 
News Crap 
Padfic Dunlap 


256 249 251 253J0 

321 314J0 31650 317 

580 565 572 572 

340 33150 335 334J0 

341 323 33650 340 

724 716 716 724 

410 402 404 405 

269 262 266 267 

256 252J0 256 2S5JD 

278 273 274 277 JO 

257 247 250J0 254 

219 216 216 219 

167 ISl-50 184 185 

90 88JD 89 88J0 

3S1 336 337 34150 

322 JO 316 317 JO 321 JO 
224-50 220 22050 221JD 

184 179 JO 182JD 182J0 
131 JO 128 12550 131 

257 JO 247 JO 252 25650 
210 2Q5J0 506.2Q7 JO 


A! Onltaratar. 266658 
Prevtaw 267658 

650 8-52 HAS 

1078 10.19 10.14 

16BB 1690 1726 
484 4.13 615 

2725 27 J9 27-35 
1525 1583 1585 
1426 1685 1620 
654 6S7 662 

7.13 7.15 721 

613 515 555 

289 220 222 

Zll 2.15 2.13 

1241 12JD 1244 
3022 3060 3080 
187 189 120 

1989 1981 19J5 
215 224 220 

631 636 635 

389 321 272 




HOLDING A CONFERENCE AT A 
i CONRAD INTERNATIONAL HOTEL | 
IS IMMEDIATELY REWARDING. 


All Conrad iKtcrojrioad hotels offer .in dcgjjive and style rhsi is second ro 
it oik'. Not ro mention conference f.iciiiiics di.it .ire in .1 class of their own. 

But now ther offer .more. The. Hilton hTHonors''- Worldwide 
Meeting Planner Bonus Program. 

Anv meeting planner who books a qualifying meeting, at a participating 
Conrad. In ternari oti.il bdiel with at bast ten occupied guest rooms can earn 
thousands ot H Honors bonus points that can then be exchanged for free nights 
at H Honors hotels. Or earn .urline miies with participating airline partners. 

The rewards are yours. So make the most of them. 

For r-rr-Sip l:or.kinr,i mui infomutiton, please mil the Cnnrr-d hncrnaiiiotfri 

snlci piper hi loxdtm at + 44 .171 37 n 48 48 »r in Brussels at ±32 2 542 48 85 

CONRAD 

INTERNATIONAL jj 


Den norite Bk 
Elceni 
Hufstand. 
KvownaAsn 
Norsk Hydra 
taste StogA 
Nycomsd A 
Ortda Aso A 
Petal GeoS*C 
Saga Pattai A 


TraneoceanDii 
Steeb rand Asa 


200 198 

25.30 3480 

30J0 X 

732 5 ’2 

433 395 

435 427 

272 269 

T6Z 

S89 583 

466 461 JO 
15850 15550 
134 . 122 
670 67U 

S3JD 52-50 


198 202J0 
3640 25.10 
X 30.10 
131 132 

45 65 

396 390 

428 432S0 
269 271 

161 160 
585 587 

464 461 

15* 158 

122 123J0 
670 69 C 

53jO 53 


Doevno Heavy 

Hyundai Eng. 

KfaMctore 

KraaaEIPwr 

Korea EjeJi Bk 

LGSerakofl 

Potwns Iran SI 

Soraung Dfctay 

ScraimgEltt 

ShintimBonk 

SKTetrom 


7370 7260 
19000 18400 

loeoo imoo 
231® 22700 
5150 5070 

41700 40900 
58500 57300 
46400 45300 
63900 68)00 
0700 8500 

456000 441000 


7350 7390 

18800 18600 
10100 10900 
23000 22900 
5120 5120 

41300 40900 
58000 57B00 
46000 464» 
4M0D 68200 
B640 8640 
442000 451000 


Pioneer InH 489 

Pub Bracukssl BJ8 

RtaTmta 2088 

Si George Bor* 

WMC 7JB7 

WestpacBtang 8JB 

WboSidePet 1188 

WooSwotato 414 


682 689 483 

B80 885 &J5 

2052 2085 2087 
R19 837 831 

694 696 697 

8 606 609 

1180 1185 1189 

408 412 410 


Anw 

AGP 

susz, 

AK04JAP 

Barate 

BK 

BNP 

CmlPtiR 

Canto* 

Casino 

CCF 

CoMen 

OirtsficsiDtor 

CLF-OtfoQ F«n 

Oetffi Agnate 

Danone 

CT-Aqitatae 

EridnnoBS 

Euradsnev 

Eorttewd 

Gen. Eoox 

Hans 

Iradni 

Lateg* 
Legrand 
LOred 
LVMH „ 
WchefinB 

PrataosA . 

Pernod Ravtl 
Pegged Ol 


CAG4B: 287457 
Pro tens 29192? 

964 Ml 96* 9» 

23280 225J0 22980 23} 

976 9i 1 m ra 
SJ7 786 789 805 

397J0 38720 38170 39450 
730 711 715 

430.90 41020 414 426J0 

288 27050 279.10 288 

1051 1027 TW 1GB 
3555 3SOO 3500 3532 
339.W 331 JO 334 33780 
336 32420 327 332.70 

615 579 602 620 

848 825 832 B45 

57* 558 543 *4 

1335.10 1335.101335.10 1305.10 
B7S 83* 840 866 

749 .778 735 741 

839 CO 825 834 

6J5 B85 145 8-50 

6.75 650 670 6J0 

727 702 709 123 

405 398.10 400 40150 

850 835 84B 830 

439 433J0 42S50 43440 
1215 1187 1202 1235 
2280 2218 2225 2272 

r?95 102 J273 1290 
357 34420 347 3*5 

649 43BJ0 443*0 447*0 
292 287 287 JO 29QJ0 

7*4 745 7« 751 


Singapore 

AstoPncBra* 5*0 
CefebasPac SS> 
CSyDwtts 


FreserSiNtim 925 

HKLond' 

Jori Waftear- « 

JonJ Strategic * 356 

KeppetA * 

Keppet Bata 3J* 

KeppdFeb 198 

Keppetlcnd 630 


Pnrtooy Hdgs 650 
Serabmmg 645 
SingAirto 

Sfin Lnwri 

SlngPrassF 2480 
Sing Tecb Ind Z7B 
SngTdammm !UD 
Tail** Bank 191 
UldtndustiU 106 
UMOSeaBkF 1H0 
WtaoTnlHdos 3*0 
defers. 


Sirota Ttenimc 
PrevtoB: 1919J8 
550 550 5*0 

iB UO US 

1550 .11 11.10 

9.70 10.40 97S 

0JB 0J8 0J7 

17 17.» 17.10 
414 430 632 

9.10 920 9.10 

M0 3.18 3JJ6 
7.90 7.95 7.90 

176 328 182 

680 * * 
128 326 332 

192 192 198 

418 *30 436 

1120 11.90 12 

7.70 7JB0 7 25 

635 645 6ti 

605 645 635 

12J0 1110 1190 
7 7 730 

3450 2440 2450 
2*3 220 2*8 

723 225 2*0 

2J4 2J7 2J0 

. 1JM 144 145 

1240 13 12J0 

144 154 UZ 


Taipei 


Stack MraM tadeeMB.ll 
PmtoK9079J6 


CdtayUtatK 13450 
OvregHfwBk 10250 

OdooTutgSk 86 
□tea Dvvapmt 13150 
OtaaSted 29 

RrdBtaX 103 

Fomosa Ptos»c w 
HuaNanBk 110 
tall Cram Bk 56 
taiYa Ptefks 71 
Siiln Kang Life 89 
fateoaSrani 153 
Totere 45J0 

UUMcreEtaC 113 

IrtdVtotaCWn 64 


132 132 

ICO 100 
S3 8150 
120 12050 
28*0 78*0 
101 101 
39 59 JO 

107 108 
54» 54« 
6950 69 JO 

86 8*50 
14750 748 

45.10 45.15 

108 108JD 

6255 *3 


Tokyo 

Apnoraafa 

AHKlpponA 


HIM 225; 1870177 
P ro ton: 18*9697 


Stockholm sx wMm gyjj 

AGAB 11450 113 1)150 114 


AsfeiBradi 

AtaMQiesn 

AsahiGtss 

Bk Tokyo Mitau 

BkYtataamo 

Bridgestone 

Canal 

Chubu Bee 

Onraoku BeC 

Doi%pPrW 

(Met 

DtakttKmg 
Dawn Baik 
OdwaHane 


1090 1070 
715 705 
3590 35*0 
889 840 
614 600 
952 935 
2160 2110 
S24 520 
2810 2750 
3570 3480 

2060 2040 
1980 19*0 
2700 2860 
760 735 
1400 1390 
595 585 
1370 1330 


1090 1100 
714 707 

3580 3580 
848 850 

609 614 

951 939 

2160 2140 

524 528 

2810 2800 
3560 3490 
2060 2060 
1980 1980 
3670 2670 
750 746 

T4D0 1410 
590 591 

1350 1380 


The Trib Index 

Jan. 1. >9S?= 100 U 


World Index 
Regional Maxes 
Asia/Pacfflc 
Europe . 

N. America 
S. America 
Industrial Indexes 
Capital goods 
Consumer goods 
Energy 
Finance 
MsceBaneoua 
Raw Materials 
Service ... 
limes 


lex 

Prices aa of IDO P M. 

Level 

Orange 

%changa 

172.19 

•1.65 

-0.95 

122.07 

-0.72 

-0.59 

182.13 

-1.38 

-0.75 

205.25 

-2S9 

—1.39 

167.25 

-1.47 

-0.87 

220.14 

-4.71 

-2.09 

186.51 

-2.13 

-1.13 

200.98 

•1.62 

-0.80 

128.25 

-0.72 

-0.58 

183.65 

-1.75 

-0.94 

186.58 

-0.14 

-0.07 

163.57 

-0.91 

-0.55 

169.12 

-0.86 

-0.51 


% change 
+15.46 


The bmmationat Herakt Tribune Wbrtt Stock index 43 macks the U.S. t/ottar values of 
280 internationally tavestabh stocks Item 25 countries. For more ^formation, a tmo 
booklet a wafebb by wrong to tub Tno index. 181 Avenue Cbaries rie Gaulle. 

92521 NeuOy Codex. France. Compiled by Bloomberg News. 


High Low dose Pnnr. 

Da too Sec 709 698 700 710 

DDI 6850a 6250a 6620a 6080a 

Derao 2910 2870 2870 2900 

East Japan Ky 5650a SS90a 5650a 5610a 

Bsd 2540 2440 2510 7430 

Forme 5000 4920 4940 4990 

F«fl Bank JJCC 1470 1490 1500 

Fuji Photo 4800 4740 4800 47X1 

Fufftsu 1490 1450 1460 1480 

HachtmlBk 1190 1170 1190 1190 

Hitoclll 1070 1050 1060 1050 

Honda Mate 3860 3800 3840 3900 

IBJ 1600 1570 1590 1S90 

1HI 368 361 363 363 

Itochu 507 495 504 502 

tta-Yotedo 6400 6290 6290 6420 

JAL 509 494 495 537 

Japan Tobccro 9470a 940ta 9430a 9400a 

3130 3060 3130 3090 

619 612 619 409 

2240 2190 2220 2240 

1680 1660 1680 1680 
455 448 451 *55 

277 278 281 

696 685 690 689 

1100 1070 )M)D 1070 

“ " 166 16* 

751 756 

472 482 

8350 8250 B320 B340 

2020 2000 2020 2000 


Jusco 

Kajima 

KcrualEtec 

too 

towastaiHvr 
tow Sled 
KjnkiNlpp Ry 
JOrin Briwery 
Kobe Steel 
Koawtsu 
Kuhoto 
Kyocera 
iStSwElec 
LTCB 
Varuberrl 
Man* 

MatauCamm 


MflsubrsW 

MtaubahlCh 

M8ntataME) 

MlhubtahlE*! 

MtoubtaHHw 

Mitsubbta Mat 


CrtoOcdd Pet 

CdnPodflc 

Cominco 

Doftraoa 

tkvraar 

Donohue A 

DuRontCitaA 

EdpnBitiscan 

EuraNevMng 

Fairfax FW 

Wombridge 

FlefcherCJwU A 

Franco Nevada 

GuUCdaRes 

Imperial 0(1 

Inco 

star 

Loewm Group 
Mocrea BUS 
MrmnabiBA 
Memmex 
Moon 

Newbodpe Net 
Nerandolnc 
Narcan Enenjr 
Hthem Teteam 
How 
Onex 

Pancdn Petal 
fttfoCdn 


High Law Oom Pro. 

37M 36M 37 JO 37.15 
41(6 4014 41 41 M 

3616 36.15 3*1* 3616 

27 JO 26.95 27.15 27.40 
11*0 111* 11J5 11.40 

32* 32.60 35-70 32.70 
33 3155 32» 

23V| 2115 5316 23.15 

2111 21 2m 

394(6 392 392 394V, 

25 241* 2485 2455 

Z3H 231* 23W 23H 

3m 3085 3085 31*5 
11-70 ilia 11J0 11*5 
79-70 77*5 77*5 7BJ0 
37 JO 37 37V5 37.05 

5140 53M 5X40 

2155 21 JO 21J5 2114 

42J0 42 47-05 42-35 

17-20 1*90 17.20 16.95 
98.70 97H 97*0 

im 11-30 11*0 1155 
29.40 29.10 29 JO 29 JO 
7714 761* 

26.95 26*0 
» 344* 371* 

140 138.10 13050 
1185 111* H80 1185 

32U 32 32.40 321* 

25*5 25*0 25*5 25V, 

25.20 24.9S 25 25.10 


Mitsubishi Met 
MitsublsMTr 
AUsul wo 

Mitsui Fudoen 1400 

Milsul Trust *" 

MuratoMig 
NEC 
«k*»Sec 

Wton _ 

Nintendo 10700 

& 1 

NtesaiMate 740 

^uraSK ^ 

NTT 1110b 

NTT Data 53408 

Op Paper 
Osaka Gas 


SatanaBk 
Sankyo 
SranvaBank 
Sanyo Elec 
Seccro 
SeflrtjRw 

SeWsieCneai iwiv 

Setasr* Home 1130 

Seven-Eleven 6960 

& 11S0 

EIPwr 1990 

snimDu 
St»n-ete«Oi 
Shbekto • 

SkaJOfcflBk 
Softbank 
Sony 11300 

Suwtomo 
Sumitomo Bk 
SuHTifCItem 
Sumitomo Elec 18*0 

Soma Mrfte 
Sum ft TrusJ 
TahhoPhami 3000 

TiAedaChem 3550 

TDK 9910 

TohotaiEI.Pra 1?90 

Total Bank 
Tckio Maine 
Tokyo EIPwr 

Tokyo Election 
Tokyo Gw 
TakyuCrap. 

Tonen 

Toppan Print 
Totaylnd 
Tomba 
Ttefere 
ToyoTrust 
Tuwta Motor 
YamanoucM 
KtU&kxlDOO 


58S 

575 

576 

576 


22*0 

22JO 

2? JO 

22 JO 

423 

470 

423 

426 

Poco Petal 

14 

13*5 

13*0 

13*1) 

2010 

1950 

2010 

I960 

Potash Sask 

10719 1D655 

107 

10/1* 

3810 

37M 

3800 

3760 


35 JO 

35 

35.15 

as 

7190 

2170 

2180 

2190 

RtoAlgoro 

30*0 

30*5 

30*5 

301* 

1260 

1730 

1260 

1250 

Ropers Conte! B 

76St 

261* 

26« 

26** 

1160 

1130 

1130 

1160 

SeaawnCa 
StetCda A 

4814 

4830 

4B35 

48*5 

322 

311 

318 

321 

22.90 

22*0 

XIAO 

2214 

535 

515 

519 

527 

Suncor 

47*0 

4715 

tm 

42M 

1670 

1650 

1660 

« 

TofismmEny 

4814 

4/ 14 

48*5 

47*4 

789 

776 

785 

TeriB 

25*5 

25.05 

251* 

7S0S 

700 

696 

700 

695 

Tefcgtohe 

4b* 

4fl 

48.15 

48*0 

1740 

1710 

1740 

1710 

Tehis 

28.90 

3B*5 

2BJO 

28*5 

9B0 

966 

968 

m 

Thomson 

33J0 

32to 

J7*0 

331* 

1400 

1380 

1400 

1400 

TorDom Bank 

4410 

43 35 

4410 

4344 

593 

an 

583 

593 

Transrilta 

17*5 

1/3 

17*0 

17*0 

5400 

5730 

5400 

5220 

TransCdo Pipe 

27.05 

26*5 

26.90 

27*5 

1390 

1370 

1380 

1390 

Trimark FW 

70.10 

6914 

69** 

6W* 

1W 

1P4D 

7PTO 

I91D 

TrteecHohn 

37 JD 

37 

31.70 

3716 

540 

516 

523 

547 

TVXGoU 

7.10 

7*5 

7.10 

7 JO 

10700 

10500 

10700 

10600 

Vitelcant Eny 

78*0 

38JU 

V7L5J 

28-55 

811 

001 

801 

803 

Wnton 

98 

97.10 

98 

97 

£ 

521 

29? 

524 

296 

520 

297 






740 

712 

720 

748 






195 



195 







1570 1580 

1100b 1110b 
5340b 5300b 
601 609 

286 285 

1700 1720 

13600 13600 
704 720 

3850 3970 

1570 1560 

422 424 

8440 8510 
5650 5750 

1010 996 

1130 IIX 
8910 8970 

1140 1170 

1980 1980 
610 600 
3210 3300 

WIO 3020 
1270 1290 

5490 5230 

11300 11400 
960 968 

1720 1710 

442 466 

1790 IBM 
283 281 

1230 1220 

29*0 3010 

3540 3510 

9860 9950 

1990 1970 

1030 1030 

1380 1390 

2270 2280 
6960 6790 

29B 296 

624 6M 
1190 1160 

1760 1770 

778 785 

685 688 

2510 2500 
1000 990 

3350 3330 
3060 3010 


Vienna 

Boetter-Uddeti 
Ciedtonsl Ptd 
EA-GeneraS 
EVN 

Fluqriafen Wien 
□MV 

Oest Etofcbb 
VA Stahl 
VATedi 

WfcnertKig 

Bau 


ATX Mate 1171-11 

nwSSl3HA6 

1018851002.25 10Q2J5 102010 
647 639.05 64150 647 

3110 3070 3090 3120 

1546.30 1S26 1530 1545 

49680 489 490*0 494JD 

1800 1762177195 1800 

875 86950 B49J0 875 

540 529 53180 “ 

2495 2377 2398 am 

7649 2570 2570 2630 


Wellington 


AlrN ZeddB 
Brierty hwt 
Carter Hoa aid 
FtediaiBUg 
FWtaCb Eny 
FWdiQiFoW 
BMdiCh Paper 
Lnn Nathan 
TeieaMn NZ 
VHson Itaten 


Zurich 

ABB B 

Adecco B 

Atunite»R 

Ara^SeranoB 

AtelR _ 

Boer Hdg B 

Bototoe Hldg R 

BKVtoai 

aw5pecQiem 

Gralrad R 

CtdSutaseGoR 

EJeWtWtotlB 

EmtOwo* 

ESECHda 


4.75 4.15 

1J0 128 

336 3J1 

4*9 4J8 

6.40 6J5 

186 1.91 

3.12 106 

388 175 

783 7 JO 
II JO UJ0 


425 4J5 

139 M0 
3J3 136 

4J9 442 

686 685 

1.94 1.92 

109 111 

175 175 

7 JO 7J5 
1150 11*0 


Toronto 

AMRnCOto. 
Alberto Energy 
Almn Atom 
Anderson Exp! 
Bk Montreal 
Bk NOW Safe 
BanfdcGoid 
BCE 

Btod tera phraHi 

Gjdko 

OBC 

Cdn tort RaR 
Cdn Nat Res 


TSE [Ktelridte 679123 
Pmtaos: 679952 


23V) 7110 
3U5 31 

49.15 48J0 
18 1785 
$4H 5110 
61*5 <020 
30*5 3005 
4185 40'* 
34 3380 
39*0 » 

2820 28 
4620 4170 
3830 37*0 
70*5 698S 
39* 38* 


23* mo 
3120 3125 

49.15 4816 
1780 18.05 
53*0 5320 

61 It 6QJ5 
30-6 30.15 
40*5 40.95 
34 34 

39.40 40 

28 28 
45V 4605 
38 3725 
<985 70.95 

39.15 3895 


Littrtenst LB B 

NfisfeR 

NavateR 

DerHaiBuehR 

PatBaaHMB 

PtnmVIai B 

RJchenantA 

PMBPC 

RochoHdgPC 

SBCR 

SctakflerPC 

5GSB 

SMHB 

SutrerR 

SntasRetosR 

SAir Group R 

UB5B 

WWarthurR 

ZuridiAssurR 


SPItodtte 3458 m 
P ro )— e amt 

[147 2153 2167 

563 563 566 

1324 1330 1346 
1415 3415 2450 
842 842 845 

WO 2070 2100 
.980 2005 2014 
1040 1040 1058 
025 14120 T402S 
1090 1097 1109 
177 178 180J0 

535 535 336 

im ms mo 

1320 4320 4325 

1261 1266 1310 
5B4 584 586 

18)0 1815 1835 
H39 2145 2199 
177 178 18020 

1820 1825 IBM 

876 880 887 

[990 2000 2035 
325 325 330 

2905 12950 13180 
M3 364 346J0 
HOT tM2 1944 
2690 2692 2715 

877 877 893 

1008 1008 1041 
2016 2021 2049 
1811 1828 1829 
1481 1494 1507 
I2B0 1293 1304 
586 588 <03 


J 




PAGE 16 


INTERNATIONAL HERALD TRIBUNE, THURSDAY, SEPTEMBER 11; 199 




Wednesday’s 4 P.M. 




» YM PE lBhHeb 


LHav IWM 


Ni VH PE 1® W ^ 


I UHata 

WJ*| «P Ita 


i W Um UO* Cbo» 




La LsfltS OV 


Mp [mr UM OEW 



NYSE 


Wednesday's 4 P.M. Close 

(Continued) 

2*u? «m* Do YU PE iiSiSak Ld» mb 


D* W PE llhlM M UM Or*r 



n p»n«D 

Ul MlM it II 

131* IMM Ji U 

HO PoBVfl Ml J 

2SM PwVT tat U 

3S» P«Ap ZB 43 

Potaig IX - 

m% pana, ijo M 

J1 PotaB 14* »J 

10 PreUOS 1EV 41 

«*1 Plin.0 At 9 

«*% PncCK 39 A 

SOo PiKflrga 

It* PMOkb 104 87 

1*4 POMP IX 43 

IMt PrflOF 99 T.I 

1*4 P ll ill -3to I.) 


ms « 

e a^> 

W* » 

C34 it=* 

01 «w 

*s* n 

m* ntii 
M «■ 
up a 

SB » 


l» IM •» 

27*4 22V* -Mi 

1*90 l« -ft 
in* l TV. .ft 

4M 4H ->l 
»% 3B5 .O 

WO 2711 ift 
47ft 470 -t 
230 22*» - 


Ln Stax Oh YM PE KB M* U» L 


IS RtOtT* _ II 144 2SV. 2515 

12H RM*X 2 11 II iW IMO ISO 

ISO RkttBd At 24 It lBt 3*0 240 

B MM 3 11 U <71 3M P*» 

2IW Rpdtr 40 13 - 199* X*o Xft 

no R|taB JJ _ 47 210 2SO 34*0 

liv* IWM .U 9 20 W 1T*0 14*0 


270 WO PECO 

» mi pgmcb 

31 SO PUP 
M V* PLCplT 
4 1ft 470 PMlOp 
4tft XTM PNC 


3141 220 PXKC 9 
at ho ncCMBy 

140 230 PocEt 


41 340 MHMI 

nr* no Pwt«T 
4m 27H PonortO 
E90 nth PoflUBf 


» 3M MMMl 
ISO 13 JOtal 
Hi 320 Povcui 
230 UK1 Pure 
n> 3to Postal 
270 20V* PnEt* 
N 20 PnTr 

00 2*0 PuncsfO 

BO 440 Poonor 
DO 4S Pore* 

VO » Pure 

H* 210 PcovEc 
** JSO Pineal 
Ok 30 PaptaR 
110 1 PcpXGeo 

3fo no PapSCt 


- 173 250 

_ OM 2SVH 

f *49 31 

is m si*. 

W 1D14 130 

10 79 WO 

« wm 

_ 320 l*v» 

_ W 250 
_ 107 2*v> 

14 SW 210 
_ *73 55 

11 2S43 400 

_ no 4V. 
39 *447 220. 

- 98 190 

- 1114 300 
2 * Ml UO 

0 22o 

- 3*4 *0 

- a» 40 

10 3*1 14*0 

HUM 
_ mguo 
rr *004 M 

12 790 D 

v n 41 

_ 111 290 

n no o 

- «9 h 

- 3999 350 

3* W 130 
21 344 On 

- 144 23 

30 27*1 C 
35 13 Kt 


a miM m 

17 4*3 24V. 140 

I] 433 n 21 
17 iaa 2sw am 
— 529 IV. 7*0 

_ 155 ISO. ISO 

V 27553 mo 370 
30 U74 1990 770 

22 m 3 40 

a mm a 

. 131 in «* 

_ 151 370 *70 

_ 90 UK mo 

24 194 430 4ZU 

25 Ifi S 370 
B 705*7 170 KVk 

_ 14* no Bo 

B 1*4 35V. 24*0 

ii «o no 77M 

71 IB m *20 
14 17B4 44ft Oh 

. Min m 
13 1U4 niO 27*0 
44 Hft TWO HO 
n 791 7 ass 4M 


IS 451 270 270 

2* B44 194* 14*4 

- IB 2710 270 

_ an ra*o im 

- sn 22*o a 

30 1353 1340 IM 
U 247 230 330 

a 214 2*00 1*0 

- IB 13*0 130 

IS 1S443BO 330 
» B12 *70 905 

- 3m 090 42V. 
V IB 2740 33*0 

a 1*30 no wo 
a 147 BO X 
19 371 300 2tao 

34 Ml HO 4MH. 
23 239a«340 *11* 

4* 44* IM 15*0 

- 430 250 3S4 

21 199 370 340 

U 4*5 Mn 130 
34 792 (ft 990 

1 MHO 3390 
_ 221 IB* 12 

31 WO «0 440 

_ *4J 240 24* 

14 431 30*0 300 

ts im sn *** 

29 101 <30 a 

_ 3459 340 WO. 


So p=S 

270 PmvnH 
30 PtaSl 
tW PMU 
340 PreC* 

> 290 PmFnn 
ISM P3*NM 

220 net 

> 340 paecsM 

310 Ptattg 

25*4 JMOMflB 

340 PtaBsSt 
250 PtaUpOC 
i 220 lO sO Cn 
«« Ptaffot 
340 POO 

230 Poorr 

90 PWF 
90 POKE 
90 PHY 41 
70 P101T 
130 PKA4 
130 P44HVT 
10*4 PMOI 
. 0 P74IT 
70 POUT 
130 PMOT 
70 PPHT 
13M PTPHC 
3ft QM 


230 Ota* 
UM OPOOOB 


410 iBi.Com 
310 SOW* 

IfO JCPffin JS .7 

400 SMT94 
OO SKTkai mr .1 

230 SLGisns 
i 40 SLU M J 

14 SPi 7m* 

240 SPXCti .H| - 


BO 340 UM J» 14 

SSO 270 Stare* 
a 410 sum ioooc _ 

54*4 270 SUMO .10 3 

at wt su«o 

«oo no soon ix 14 

410 10O * Ml I Id a 

WO 404 SU4M4 124 12 


Iftk 1414 StaaUI 

too um auio * 


34V. IM RJRpfB 
240 34 RXprT 
190 240 HJCp 
9fia 170 mu 71 
140 to ROC Fa 

1*0 ION RPC 
300 90 ItaCDOP 

no <20 RMtP 

<70 SOI MOP 00 4 

■oo in i mho 

100 400 Rftta 

340 ISO DM) 
4ft* 3H. Rome 
mi u porTLP 
590. 4114 Antal 
410 230 MOB 

3m no moB 
m am mom 

57V. 23 OPlftta 
2S9S 170 RKtan 
UO 130 Raotaaf 
oo oo tataat 
3na 90 ta*W 

n too non 

410 240 RtaoCD* 
770 4ift MO 
SO 55 RtaaSpe 
130 n* n oon 


3B0 170 RMOlB 
440 a rt.9 9* 
no no Par cw 

440 190 Oni ta lBB 
1ISV. 44 taHT 
140 W MHO 
BO BO R Stan 

71W I3H MM 

300 is* tartar* 

IPO 5ft* 9 * 1*9 
410 240 Rntft 
94*4 4* RPR 
ISO ZM RtfOrpr 
390 1IO RMHI 
200 in* RWft 


370 370 -1IO 

14*a IBM. 
as 250 MO 
24*4 on »Vh 
387. 2BO 40 
M M - 
25*0 2590 _ 

i <70 470 4k 


- 149 180. ion 10VO tVa 

_ w m wn wo 

- ib mo wo ion 

. K ™ 790 790 

_ 289 140. 140) 1490 ota 

_ ioa n* uo ism. 

_ SB fit. no no 

_ 953 *90 BO 90 

- 779 990 (O 890 .9. 

- Ill 1490 14*0 I4W 40 

. 17R ft ft ft •«> 

_ 109 MO UO 140 **o 

.non s ox 

- 234 170 170 170 .O 

. HIM ft ft 49 

U 499 1590 U90 ISO 40 

21 U7 ft 291% 30* -O 

14 127 340 210% ft 40 

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PAGE 3 


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1 INTERNATIONAL HERALD T RIBUNE, THURSDAY, SEPTEMBER II, 19 97 

ASIA/PACIFIC 


PAGE 17 


Mr 


^.-57 

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£ £ - 

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Delay S een 
In Merger 
Of 2 Banks 

In Japan 


ft rulers 

TOKYO — Two troubled 
ranks whose merger is con- 
sidered crucial for Japan’s fi- 
nancial system said Wednesday 
•their tie-up may be delayed bur 
denied reports that a dispute over 
problem loans could scuttle it. 

Analysts said a failure to go 
through with the merger would 
.have a huge impact . 

The announcement also 
xaised questions about the abil- 
ity of the Ministry of Finance to 
■guide debt-ridden banks 
through the rough waters of de- 
regulation ahead. 

Hokkaido Bank Ltd. and 
Hokkaido Takushoku Bank Ltd. 
said in April they would merge 
■next year to create a super-re- 
gional bank based in Japan’s 
northernmost main island. 

*. But Hokkaido Bank's pres- 
ident, Tsuneo Fujita. said 
Wednesday it was becoming 
' increasingly difficult" to meet 
?he target date of April 1 and 
•said the banks were considering 
*" a possible postponement of 
.the merger date." 

His counterpart at Hokkaido 
rTakushoku. Sadantasa Kawa- 
tani, agreed with that statement. 

* Japanese media and finan- 
cial-industry sources have said 
Hokkaido Bank is upset at what 
.it believes to be underestimates 
of the problem loans and in- 
sufficient restructuring efforts 
at Hokkaido Takushoku. 

1 The daily Asahi Shimbun re- 
ported that the banks would soon 
.decide to postpone the merger 
And possibly even scrap it. 

* "If they’ decided to scrap the 
.plan, the impact on Japan’s fi- 
nancial system would be enor- 
mous." said Koyo Ozeki, di- 
rector of London-based rating 
agency IBCA Ltd. 

While Hokkaido Bank could 
■probably handle a delay, the 
.merger is more important to 
.’Hokkaido Takushoku. which 
iwould find it difficult to re- 
structure without external sup- 
Iport, said Ritsuko Nemoto. an 
‘associate director at Standard & I 
^Poor’s Cotp. i 


More Economic Gales Batter the Markets 

Thai Rate Rise Tips Stocks India Talks Up Rupee 


hv Our SujfFitmi I i 

BANGKOK. — Five of Thail- 
and's leading commercial banks 
raised lending rates to six -year hi uhs 
on Wednesday, causing stocks" to 
tumble for a second day and height- 
ening concern that more borrowers 
will default and slow the economy. 

Thai Military Bank led the moves 
by pushing up the key minimum 
lending rate by a full percentage 
point, to 15 percent from 14 percent, 
and the remaining four banks raised 
their rates by a half percentage 
point, to 14.25 percent. 

The benchmark index for the 
Stock Exchange of Thailand fell 
23.46 points, or 4.15 percent, to 
54 1.55. Five shares fell lor each lhai 
rose. 

In addition, a government doc- 
ument showed Wednesday that 
Thailand has cut its economic 
growth target, to an average 4.9 
percent annually until 2001 — the 
lowest in more than a decade. 

The latest lowering of macroe- 
conomic targets came in a document 
outlining the next five-year national 
and economic and social develop- 
ment plan, which is due to come into 
force on Oct. 1 . 

Economic growth foT 1997 was 
scl at 2.5 percent — compared with 


the 5.9 percent forecast by the cen- 
tral bank in May. while in 1998 it 
should reach 3.5 percent and 5.5 
percent in 1999. 

(Bloomberg, AFP) 

■ Malaysia Tackles Deficit 

Malaysia cut its estimate for this 
year's current-account deficit and re- 
iterated that several large public- 
works projects will be shelved in a 
bid to trim intports, Bloomberg 
News reported from Kuala Lumpur. 

Among the measures designed lo 
cut the deficit, government depart- 
ments — including the military — 
have been told to reduce purchases 
of expensive imports. Finance Min- 
ister Anwar Ibrahim also urged 
Malaysia’s companies and its cit- 
izens to do the same. 

Mr. Anwar said the bureaucracy 
will cut spending and that his own 
Ministry of Finance and the prime 
minister’s department will each 
shave 2 percent from their budget, 
effective immediately. 

Malaysia is expected to rack up a 
deficit this year of 5.0 percent of 
gross national product. Mr. Anwar 
said. That’s less than an earlier of- 
ficial forecast of 5.5 percent of GNP 
and less than last year’s deficit of 5.2 
percent of GNP. 


NEW DELHI — Authorities led 
by the finance minister and the cen- 
tral bank governor threw their 
weight against currency’ speculators 
Wednesday and vowed to defend 
the rupee. 

Their words appeared to have 
some effect, as the dollar fell as low 
as 36.45 rupees from a Tuesday 
close of 36.60 rupees and was trad- 
ing late in the day at 36.50 rupees. 

P. Chidambaram, the finance 
minister, said Southeast Asian for- 
eign-exchange markets had been ex- 
tremely volatile. 

"It is naive to think that some of 
that volatility has not spilled over,” 
he said. *‘It has spilled over to the 
Indian market." 

But C. Rangarajan, governor of 
the Reserve Bank of India, said the 
country’s economic fundamentals 
were strong and that the central bank 
would continue to intervene both in 
the spot and forward rupee markets 
to reduce volatility. 

"While the exchange rate is mar- 
ker -determined, the RBI will not 
allow volatility and excessive spec- 
ulation," Mr. Chidambaram said. 

“What we want are orderly con- 
ditions in the foreign-exchange mar- 
ket," he said. 


China’s Tax Collectors on a Roll at McDonald’s 


7 hr .t»M« uiictl Press 

BEIJING — In a city of bureau- 
crats hungry for revenue. McDon- 
ald’s isn’t just for hamburgers. 

Its 38 restaurants in Beijing must 
pay for family planning, flowers for 
city, streets ana propaganda telling 
the Chinese to be more gracious. 

A rota! of 3 1 such fees — charged 
on top of taxes — costs each Mc- 
Donald’s thousands of dollars a 
year, according to an official report 
made public this month. 

Mayor Jia Qinglin ordered the 
report, focusing on McDonald’s, to 
find out why foreign investment in 
Beijing has stagnated, the Chinese 
Economic Times newspaper said. 

The report concludes that most of 
the fees were unauthorized — but 
were not corruption. Agencies 
simply are being forced to raise their 
own revenues in the face of gov- 
ernment funding cuts, it says. 

The report highlights complaints 
by foreign investors that they fre- 
quently are targets for fees and taxes 


imposed without warning or explan- 
ation. State-owned companies also 
complain that such unusual fees cost 
them millions of dollars a year, and 
the Chinese government is on a 
campaign to get local authorities to 
slop imposing them. 

"Some fees are reasonable and 
some fees for foreign businesses 
defy understanding.” said the Eco- 
nomic Times in a front-page article 
on the report. 

Only 2 of the 31 fees that Mc- 
Donald’s pays were clearly justi- 
fied, the report said. Eight were 
questionable and 27 were illegit- 
imate. it said, without explaining the 
status of the four others. 

Some of the fees were not unusual: 
Trash collection charges of $600 to 
$ 1 ,200 a year, $430 a parking space 
for traffic safety and $1.20 an em- 
ployee for public tree-planting. 

Others were bizarre. Each res- 
taurant pays thousands of dollars for 
river dredging in a city with one 
small river, and $360 to $1200 for 


flower displays that decorate 
Beijing streets on holidays. 

McDonald's also pays $360 to 
$600 a year for “spiritual civili- 
zation," a campaign led by Pres- 
ident Jiang Zemin that has covered 
Beijing in banners telling people to 
be more cultured. 

And the restaurants face large 
fines for infractions of official reg- 
ulations: One McDonald’s was 
docked $3,600 because an inspector 
found three flies in the kitchen, bni 
negotiated the fee down to $960. 

By comparison, the average in- 
come of a Chinese city dweller is 
$525 a year. 

The proliferation of fees is un- 
dermining official attempts to 
streamline investment 

Foreign firms are not the only 
ones hit by unusual fees. The Com- 
munist Party called on local officials 
in July to stop collecting unauthor- 
ized fees from state-owned compa- 
nies. 

By the end of last week, 21 


provinces and cities had canceled 
2,877 fees for a savings to state 
companies this year of $ 1 .8 billion, 
the China Daily newspaper reported 
Tuesday. 

■ Tax Clause Linder Review 

China is reviewing a taxation 
clause that withholds as much as 20 
percent from interest earned by for- 
eign banks on their loans. 
Bloomberg News reported. 

Foreign bankers were angered by 
tbe tax because it is not levied on 
local banks and threatens to erode 
their profitability in what is already 
a highly restrictive market 

He Junxiong, an official at the 
State Administration of Taxation 
who handles foreign companies, 
said his department is expected to 
decide whether to enforce the tax 
within a week. 

Citibank was one of several banks 
that objected to the levy, which 
would potentially tax every loan 
they issue in China. 


Hong Kang 

Hang Sang 

17000 • 


While Mr. Rangarajan said that 
there had been “no basic change in 
the fundamentals of the economy,” 
Mr- Chidambaram said India’s fiscal 
situation was under severe pressure. 

This year we hope for a further 
fiscal correction, but I am afraid 
there are severe pressures.” he said. 

Mr. Chidambaram said the gov- 
ernment had estimated its deficit for 
the 1996-97 fiscal year at 5.0 per- 
cent of gross domestic product bur 
said the final figure “may end up at 
5.1 percent.” 

He said. "I think it still has not 
been inscribed on the consciousness 
of the Indian political and economic 
leadership that fiscal correction is 
tbe single most important goal we 
must pursue.” 

Mr. Chidambaram and his finance 
secretary, Montek Singh Ahluwalta. 
insisted that India's situation was 
not comparable to Thailand’s. 

"We are not as overextended or 
as exposed as our Southeast Asian 
neighbors,” Finance Minister P. 
Chidambaram said. Mr. Ahluwalta 
said India's current-account deficit 
as a share of GDP had been running 
about 1.3 percent. He said it was 8 
percent in Thailand when that coun- 
try was hit by tbe b?ht crisis. 

tReuiers. Bloomberg ) 



Singapore 

Straits. Times 

■2200 

.1900 - - 


Tokyo ■ 

. . Nikkei 225 ' 

22000 

21000 • • - 

w- = W 


A M J J A S 
1997 


,7W A M J j A S 


A M J j/TS' 
1997 


Exchange . 

Hong Kong 
Singapore 
Sydney ■ 
Tokyo 


Wednesday Prev. * 
Close Close ■: 


Kuala Lumpur Composite 
Bangkok SET 

Seoul Composite IndteT 

Taipei Stock Mart 

Manila ■ PS E 
Jakarta Composite 

Woffington NZSE-4Q 

Bombay SansiWelr 

Source: Telekurs 


Hang Seng '14,805*4 14,998.66 - 1.28 

Straits Times. ■ 1,944.63 1,919.88 *t£9 

AB Oriteies \ 2.66&50 ~2£74i50~ ’^535 
tfkkel22S - ■ 18.m7718^95.66 40i35 
■Composite ' . 863.08 ■ 888.75 ^£89 

“SET ' 541 SS 565.01 ' -4.15 

Composite index 691.62 698.97 -t.05 

Stock Market Index 9,145.18 9.0795$ +0.72 

>SE ~ ~ 2*12.7? £228.86 / -0.72 
liemposite Index 575.02 598.00 -3:84 

NZSE-40 2A71.12 

Sensitive index 4,b45^i" ACOLS5 *+&35 


ImenuUKtuI HeriUTnhtmr 


Very briefly: 

• Ford Motor Co. is to send a team to Seoul to study ways to 
help Kia Motors Co., which had a net loss of 37 billion won 
($41 million] in the first half of 1997. 

• Nippon Telegraph & Telephone Corp. applied for per- 
mission to set up a subsidiary to lease out international circuits 
starting in 1999. Several other Japanese telecommunications 
companies already have such subsidiaries. 

• Lsuzu Motors Ltd. raised prices on its cars and pickup 
trucks in Thailand by an average of about 3 percent, citing 
higher prices for imported parts. 

• Optus Communications Pty., Australia's second-ranking 
telecommunications carrier and pay-television company, is 
suing its state-owned rival, Telstra Corp., far as much as 900 
million dollars ($660 million), alleging that Telstra misuses its 
market power to stifle competition. Telstra denies the 
charge. 

• Australia’s wine exports surged 20.7 percent in July, to 14.6 
million liters valued at 63 million dollars. 

• Petroz NL, an Australian gas and oil producer, said its 
second-half profit fell 31 percent, to 2 million dollars, as gas 

? reduction from its Surat basin fields fell. Full-year profit rose 
.2 percent to 5.5 million dollars, although sales fell 44 
percent, to 20. 1 million dollars. AFP. AP. Bloomberg. Reuters 


Australia Protects Textiles 

Bloomberg News 

SYDNEY — In a major reversal of policy, the gov- 
ernment said Wednesday it would freeze tariffs on tex- 
tiles. clothing and footwear from 2000 through 2004 to 
safeguard almost 100,000 jobs. 

Prime Minister John Howard stud the move also would 
bring in investment. But he said he still supported creating 
a free-trade zone in the Asia-Pacific region by 2010. 


! 


t AtffOS: Makers of the Swatch Offer "Smart'Malra^cMMdte China StCCTS FirffiS ‘ 

^ ” Continued from Page 13 people in the industry are watching the break move >for the carmaker Reuters rp • - IJT • • 

l emergence of the ultra-small car with reported. If it fails for whatever rea- IQ X FlYfllC J? 

■ billion Deutsche marks ($3.3 billion to such interest, for it could create a new son. then the future of the company is O 


% ,ah£- 


% • 't 


i “ Continued from Page 13 

billion Deutsche marks ($3.3 billion to 
S4.4 billion) to build plants in devel- 
oping markets where sales are growing 
fastest and where the company can 
• avoid higher labor costs, elevated taxes 
and rigid regulations at home. The com- 
pany denies that it will use its infusion of 
cash to buy up other companies. 

I Virtually all companies have their 
eyes set on a global market. Even the 
qqintessentially American Cadillac 
Seville is being built with Japanese and 
European markets in mind. Going 
down-market, Chrysler showed its 
■3b concept fora simple car made of molded 
plastic for markets in developing coun- 
try. Cheap to build, easy to maintain and 
nigged enough for the roughest roads, 
the car might even find a market among 
those who mourn the demise of the 
Citroen CV, which it resembles. 

. However, world production capacity 
of some 70 million units a year is much 
in excess of demand, and only the best 
are likely to survive. This is why many 


people in the industry are watching the 
emergence of the ultra-small car with 
such interest, for it could create a new 
market sector and fresh opportunities 
for established manufacturers. 

The Smart car is an attempt to combat 
the tyranny of the car in many modern 
cities. According to Juergen Hubbert, 
the president of Micro Compact Car 
AG. it will restore freedom and in- 
dividuality to driving. 

Nicolas Hayek, the vice president, 
called it "a symbol of our common 
European future." 

The auto-show display for the Smart 
car includes a model that was crashed 
head-on into a large Mercedes sedan at 
50 kilometers (30 miles) an hour. Both 
vehicles appeared to have sustained the 
same amount of damage, and tbe pas- 
senger compartment of the Smart car 
was not deformed. 

■ Saab Counts on 9-5 Model 

Saab Automobile AB’s chairman, 
Louis Hughes, said its 9-5 model, which 
il launched this month, was a make-or- 


break move for the carmaker, Reuters 
reported. "If it fails for whatever rea- 
son. then the future of the company is 
really dark indeed,” Mr. Hughes said in 
an interview af the Frankfurt car show. 
"But if it is successful, it completely 
turns (he company around.” 

A failure could force General Motors, 
pan owner of Saab Automobile with tbe 
Swedish investment group Investor AB, 
to consider selling the company. 

"The Saab brand is still very good,” 
Mr. Hughes said, "and there can well be 
a buyer. But it is silly to speculate about 
it” He said he was convinced that the 
new release had good potential 

"We said it is going to be good, and it 
will be good.’ ’ he said. 

"I’m completely confident that we 
can increase our volumes to 150,000 
cars” a year, he said. 

’ ‘That volume is where we can make 
money, and we feel that is a completely 
sustainable volume." 

Saab said it received 15,000 orders 
for the 9-5 model in the first few days 
after its commercial launch. 


TIGERS: China Claims Mantle IMF : It Says It Warned Bangkok 


Continued from Page 13 

ings, a Hong Kong-based in- 
4 vestment bank. "Indeed. 
“ 1997 has been the year when 
questions have grown about 
the sustainability of the Asian 
economic miracle. 

. "We have had Thailand’s 
forced devaluation of the baht 
and the subsequent contagion 
effect suffer®! by other 
Southeast Asian nations, 
Mr. Tose said at the confer- 
ence, which was organized by 
the International Herald 
Tribune with the cooperation 
of the South Korean Ministry 
of Finance and the Economy. 

■Echoing comments made- 
by officials of struggling 
Southeast Asian officials, 
Kang Kyong Shik, deputy 
prime minister and minister 
..of finance and economy, 
blamed South Korea’s woes 
op the failure of managers at 
big manufacturers and finan- 
cial institutions to tackle 
rising global competition. 

-*‘A vision for the Korean 
economy in the future must 
focus on regulatory and struc- 
tural reform to meet the chal- 
lenges posed by th e rapidly 
c hang ing world economy, 
tip South Korean said. 

. For much of the past three 
decades, China watched with 
eavy as its neighbor trans- 
formed their agrarian econo- 
nfcs into industrial dynamos. 
%Tpday, China is in the envi- 
able position, but h is deier- 
jnined to dodge the potholes 
into which its rivals have re- 
cently fallen, Mr. Long said. 


China is pushing seriously 
to further diversify its exports 
and move into value-added 
goods, he said, noting that 
foreign-owned companies 
and foreign joint ventures ac- 
counted for a full 47 percent 
of China’s exports. 

Exports have risen 26.7 
percent in the past three 
months from a year earlier, he 
said. By comparison, exports 
in Singapore have risen only 
0.9 percent for the same peri- 
od. while in Thailand, they 
fell 3.6 percent. 

Already, exports of elec- 
tronic goods, machinery and 
appliances, long the staple of 
Southeast Asia’s trading na- 
tions, have overtaken textiles 
as China’s leading export sec- 
tor, Mr. Long said, "a very 

important change.” 

Mr. Long was speaking a 
day after the Communist 
Party announced a major 
policy address by President 
Jiang Zemin that would eo- 
don£ large-scale sales f 
shares in some unprofitable 
state-owned companies to 
employees or private parties. 

Mr.’ Lons said that privat- 
ization was the wrong won! to 
describe the reforms envi- 
sioned forChina’s gianr state- 
owned enterprises, which lost 

a total of 60 billion yuan 
($7.21 billion) last year on (op 
of subsidies totaling M) W- 

lion vuan. . A 

State enterprises, he said, 

will "remain the backbone ot 
oar economy. There ^haald 
be no deviation from mat 

policy.” 


Continued from Page 13 

to stimulate its economy 
through improved domestic 
demand rather than by spur- 
ring exports. "That is a very 
substantial challenge for Ja- 
pan." Mr. Rubin said on 
Cable News Network's 
Moneyline program. 

“It's very important for Ja- 
pan and the United States and 
the rest of die world that chal- 
lenge be raeL" 

The U.S. Treasury chief 
also attributed to the private 
sector the view that Japan’s 
trade surplus "is heading in a 
direction that is not consistent 
with the notion of avoiding a 
sustained, significant in- 
crease in the surpluses.” 

Mr. Rubin's remarks were 
taken by some currency 
traders as a veiled warning 


about Japan’s trade surplus 
with the United States, es- 
pecially as they followed sim- 
ilar comments from Larry 
Summers, deputy Treasury 
secretary. 

Also Wednesday, a U.S. 
official in Tokyo was quoted 
saying that it was “imper- 
ative'’ for Japan to stimulate 
home demand through dereg- 
ulation. 

Mr. Rubin said Japan's 
economy would be a key 
agenda item during the IMF/ 
World Bank meetings in 
Hong Kong, where the Group 
of Seven also will convene. 

Asked about Mr. Rubin's 
remarks, Japan’s finance 
minister, Hiroshi Mitsuzuka, 
said he did not think Wash- 
ington was planning to pres- 
sure Japan over its trade sur- 
plus at the Hong Kong talks. 


Living in the U.S.? 

Now printed in New York 
for same day 
delivery in key cities. 

To subscribe, call 

1 - 800-882 2884 


Bloomberg News 

BEIJING — If you ask the Chinese financial guru Da 
Y uancheng. he will tell you that salvation for his coun- 
try’s stumbling state-owned enterprises will come only 
from private investors. 

Shunned by bankers who have become choosier about 
their borrowers, and with Beijing no longer as willing to 
bail out the thousands of money-losing businesses it owns, 
everyone from shippers and carmakers to chemical pro- 
ducers and computer manufacturers is foraging for cash. 

With few alternatives, the central government is en- 
couraging companies to raise money on the stock market, 
hoping to keep a lid on unemployment and to maintain 
social stability. 

"Practically every company faces reorganization and 
merger, and some companies will simply fail,” said Mr. 
Da, a government economist and close adviser to Deputy 
Prime Minister Zhu Rongji. 

The gzeat retreat from state ownership of economic 
enterprises is expected to be formally endorsed when 
China’s leading party figures come together Friday for a 
weekiong Communist Party congress, which is held once 
every five years. 

A sweeping declaration would almost certainly create 
new openings for foreign investors, who already are 
putting about $40 billion a year into China. 

"It’s going to be a very important event which will 
push shareholding further,” said Huan Guocang, man- 
aging director of corporate finance with BZW Asia Ltd. 
in Hong Kong. 

Authorities, for example, have identified 20 more 
companies that will be permitted to sell B shares to 
foreign investors in China, and dozens more are lining up 
to seU shares in Hong Kong and elsewhere, in response to 
an appetite for stocks that has sent the index of "red- 
chip” shares — shares of Chinese companies listed in 
Hong Kong — up 86 percent this year. 

The foreign funds help to offset the reluctance of 
Chinese banks to step into the breach. The ceatral bank 
said last month that interest on loans that were more than 
two years overdue rose 20 percent in the first half of the 
year, to 143.1 billion yuan ($17.2 billion). 


Haffyear results 

The Board of Directors, chaired by Mr. Francois Grappofte, 
reviewed consol itated results of the first half of 1 997. 


Ccre&CteiM 1 * SW WWI 1997/1996 

IFF, in millions; 1997 1996 

Net sales 6,452 5,785 +113% 

Ope«*g income 993 794 *25.1% 

Net income 517 453 +14.1% 

At constant structure and exchange rates, sales rose 
3.6% in the first half of i 997 . 

The total rise in sales was 11.5%, including business of 
recently acquired complies, in particular Feel in Poland, 
Luminex in Colombia and Brazil, and MDS in India. 

The 1 4.1% rise in net income takes into account the hike 
in the French income-tax rate. 

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The Automobile Industry in Europe 


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An Increasingly Fragmented Market 

More competitors are offering more models to a buying public that is becoming more selective. 


A utomotive executives descending on Frankfort this 
week (Sept 8-1 2) for the biennial 1AA show will be 
primarily concerned with decreasing profit margins 
and an increasing requirement to cut overheads. They will 
naturally want to size up some of the newcomers on display 
for the first time, including the Volkswagen Golf, Ope! Astra, 
Citroen Xsara. Land Rover Freelander, Saab 9-5, Cadillac 
Seville and Porsche 91 1. But they also know that hot new 
models from the competition are going to make their jobs 
harder in the future. 


Supply-side economics 

Collectively, the automakers have the ability to produce for 
more vehicles than the market can absorb. Annual sales . in 
Western Europe will be about 13 million this year, but 
installed capacity in the region is over 18 million. That 
equation plays havoc with the best-laid plans of any auto- 
maker. The only models that sell at foil price are those that 
consumers really want to own, like some of the latest Fenaris, 
Porsches and Mercedes-Benzes. The rest — the majority — 
have to be sold with discounts, incentives and additional 


promotional costs. At foe same time, fragmentation in the 
market adds to costs. Increasingly, consumers want variety, 
and this has generated a flurry of niche products, including 
more sports cars, city cars, minivans, mini-minivans and 
sports-utility vehicles. That requires additional investment in 
development and manufacturing. 

There is a further complication for mainstream auto- 
makers. The introduction of foe subcompact A -class has 
brought Mercedes into foe mass market The significance of 
this is not lost on Volkswagen, one of whose board members 
notes, “As Mercedes-Benz comes down, we will go up.” 

Meanwhile, emissions and safety laws are another burden. 
Says Jacques Cal vet chairman of Peugeot-Citroen, “We are 
in favor of environmental protection, but we want a more 
cost-efficient approach from Brussels.” 

Financial incentives 

Some national governments have taken action to stimulate 
sales with cash incentives t matched by producers) for trading 
in old vehicles. Ostensibly, this is to eliminate the more 
polluting older models from the roads, but foe effect is to 


Showcase for the ‘Intelligent’ Car 

This years LAA exhibition displays the transformation of the automobile as we know it. 

W ith over 200,000 square meters of exhibition space. Gasoline Direct Injection engine. The 1 . 8 -Iiter engin 
the Internationale Automobil-Ausstelhmg (IAA) percent more foel efficient, produces 20 percent fewer 
in Frankfort is the world’s largest car trade show dioxide emissions and yields 10 percent more power 


W ith over 200,000 square meters of exhibition space, 
the Internationale Automobil-Ausstelhmg (IAA) 
in Frankfort is the world’s largest car trade show 
and a global showcase for the industry's newest models and 
features. 

Over 1 , 1 00 exhibitors from 41 countries will present foeir 
automobiles and accessories. They will also raise the" curtain 
on almost 1 00 world-premier products, ranging from new car 
models to integrated navigation systems. 

Debutantes 

Among the 33 new car models making foeir debut at foe show 
are Volkswagen’s new Golf IV and Polo Variant; Opei's 


Gasoline Direct Injection engine. The l. 8 -Iiter engine is 20 
percent more foel efficient, produces 20 percent fewer carbon 
dioxide emissions and yields 10 percent more power than a 
conventional gasoline engine of equivalent size, the com- 
pany says. 

By placing the high-pressure swirl injector at a more 
vertical angle, foel can be injected into foe cylinder at an 
earlier stage. This has allowed the early injection zone to be 
extended, which results in lower foel consumption at higher 
speeds. 

Crucial connections 

Under foe motto “The Car Connects,” foe IAA will coverall 



second-generation Astra model and foe Zafira, a combi-van aspects of transportation, including safety, efficiency and 


Opel developed together with Porsche; Daewoo’s 
complete new line of cars, including a mid-class 
limousine; and Rover's new off-road 
vehicle, Freelander. 

For foe first time ever, Ca- 
dillac will also premier its 
newest model in Europe rather 
than foe United States. Its Ca- 
dillac Seville is foe company’s 
signal to foe industry that it is 77 *^ 6 ^^ 
gearing up to compete against 
European rivals in the luxury 

class. Daimler-Benz and watchmaker SMH will fill one hall 
with foeir long-awaited two-seater Swatch car, known as 


telematics - — the fusion of telecommu- 
nications, information and all 
forms of mobility. 

“We can’t see the vehicle 

as separate from infrastruc- 
ture,” notes Oliver Mossd, 
chief executive officer ofER- 
TICO, a Brussels-based part- 
nership of Europe's manu- 
facturers, users, 

telecommunications operat- 
ors and public authorities. 
“Since we can’t change foe number of cars we drive and the 
amount of space wc have in Europe to drive them in, we have 
to focus on ways to pack more cars onto the pavement 


(M -U >'■’ / 
A* - . : 



Smart to focus on ways to pack more cars onto the paver 

Environmental friendliness remains a major factor in car without compromising on travel safety and efficiency.” 
design and construction, particularly since Europe has re- 
cently passed stricter laws on emissions and foel efficiency. The new navigators 

Proof that manufacturers are making progress is foe 1998 To meet this challenge, most major car manufacturers are 
model Mitsubishi Carisma, the first European car with a developing navigation systems that provide drivers with up- 


Thet&ect-injection Carisma engine is a first for Europe 

to-date traffic information that helps cut travel time and 
frustration. 

Internet on the road 

Citroen 's new Xsara model will be the first to feature foe 
Pentium-processor-bascd computing platform known as In- 
tel’s Connected Car- PC technology, which allows the Xsara 
to support a number of intelligent applications, including 
continual traffic news updates, e-mail retrieval and Internet 
access. Peggy Saiz-Trautman 


U.s. Carmakers; 
At Home in Europe 


American 


bolster business for local automakers. The current Italian 
scheme has sent Mies soaring by Dearly a third, but sales in 
France, whose similar scheme finished a year ago, are do\Vn 
by a fifth. 

Undoubtedly, automakers across Europe would now be 
facing even more problems without these artificial stim- 
ulants. Buoyant car demand in many Central European 
nations has helped fill up production lines in the West 

A delicate balance 

General Motors’ capacity utilization is among foe highest of 
any automaker in Europe, but Louis Hughes, president of 
international operations, maintains. “We can’t get additional 
revenue by sinking our prices. We just lower oih- profit. 
That's why it’s even more important for us to grow outside of 
Europe.” 

Solving this problem is easy in theory, but almost im- 
possible in practice in most European countries. Automakers 
need to cut overheads, but they are faced with sociaL legal 
and commercial repercussions. The difficulties involved 
were demonstrated earlier this year, when Ford and Renault 
announced plans to close car factories in England and 
Belgium respectively. Ford rescinded after the British gov- 
ernment came up with some regional development aid. but 
Renault pressed ahead, only to see its Belgian market share 
slide. 

Richard Feast 


models are still gaining ground. 


A merican car manu- 
facturers currently 
hold more than a 
quarter of Europe’s car mar- 
ket, about twice as much as 
foe Japanese. They are par- 
ticularly successful in the 
market’s fastest-growing 
geographical areas and seg- 
ments. In Central Europe, 
GM’s Opel subsidiary in- 
creased its sales by 88 per- 
cent in 19%. Chiysler’s 
Jeeps and Voyagers have 
marie large inroads on 
Europe’s hotly competitive 
“LLL” (leisure, lifestyle, 
luxury) segment, with foe 
company having registered a 
21 percent increase in sales in 
Europe in 1996. 

- The Americans have also 
snapped up some of the Con- 
tinent's most respected pro- 
ducers over foe past few 
years and recently designated 
Europe as foeir next great 

area of market expansion. 

Why isn’t Europe up in 
arms about this foreign in- 
vasion? For one thing, GM 
and Ford aren’t perceived as 
foreign; they've been in 
Europe for a long time. Ford 
sold its first automobile in 
Europe in 1903. Eight years 
later, foe company commis- 
sioned its first production fa- 
cility on the Continent, and 
foe newly formed GM began 
exporting to Europe. In 1925, 
GM acquired Vauxhall Mo- 
tors, winch was at that time 
one of foe Continent’s major 
manufacturers. 

Integrated businesses 
The Americans also form an 
integral part oflocal business 
communities. All are major 
employers and avid produ- 
cers: Some 106,000 people 
work for Ford Europe, many 
of them at the company’s 47 
production and assembly op- 
erations on the Continent 


GM has 16 production^ 
cilities and 86,000 employ- 
ees in Europe. - - 

In their localities, these 

cilities often have an ecqf •• 
nomic weight for beyond 
foeir size. This is because fofe- ■ 
Americans have shown * 

penchant for reinvesting Jr 
traditional but now troubled , 
industrial areas, such a s fty 
British Midlands, cental 
Belgium, Germany’s Rnftr 
valley and Graz, Austria 
(where Chrysler maintains*- . 

large assembly plant), and for . _ 

making major, pioneering in- 
vestments in redeveloping or 

untried regions. 

Among these is Eastern 
Germany, where Opei's plant 
in Eisenach, Thuringia, com- 
missioned four years ago, has 
served as a successful role 
model for all of Eastern Ger- 
many’s redeveloping' in- 
dustry. A similar role has 
been assigned to the com- jA 
pany’s production facility in “ 
Silesia, Poland, now under 
construction. 

Ford’s mammoth plant 
southern Portugal, wh ich ii T 
jointly owns and operates i 
with Volkswagen, is the. 'V 
cornerstone of an attempt to.- 
transform this region into an - 
advanced industrial ^ansi. : 
GM is in the midst of a $1- ' 
bill ion-a-y ear program -of-- - 
plant b uilding and upgrading 
in Europe, set to run until foe s - 
end of foe decade. ’- i ' 


fixture to the Continent, GM £ 
and Ford have centered muofr^yi 
of foeir international desag^tJrV’ 
and development acti GtiesifcC ^ 
Europe: GM at the Op(pj||M 
Technical . PevcIopmc ag T-^ 

Center in Russelshom, ^" ' , 
western suburb of FranSfeti, 
and Ford in Cologne :a|i 
Dunton, in Britain. ••• - " 

Terry Swartzbevg : . 

• ' I - - 


New Design Features Create User-Friendly Automobile 


Cars are no longer just four wheels and an engine — they are now becoming collaborators in the driving process. 


C hanges in lifestyles and a 
growing concern about en- 
vironmental protection have 
created customer demand for more 
intelligent, efficient and user- 
friendly vehicles. 

“But intelligence doesn’t mean 
only computing power,” notes An- 
thony Grade, Renault’s director of 
design car programs. “It means rec- 
ognizing individual demand for 
more space and other practical fea- 
tures.” 

Bonding vehicles 
Because families have less time 
during foe week, they are using 
foeir weekends to go on short trips 
and strengthen the bond with their 
children, according to Mr. Grade. 
Renault picked up on this trend and 
came out with the Megane Scenic, a 
versatile vehicle that has been voted 


Car of foe Year 1997. The Scenic, 
Mr. Grade says, is an “activity car 
that can be considered an intelligent 
part of foe family.” 

The vehicle’s features include 
stowage lockers and compartments 
under foe front and rear seats, air- 
line-style fold-up tables and ad- 
justable seats. 

“The trend in aQ products is to 
give foe customer what he wants,” 
Mr. Grade says. Other Renault 
models, including foe Kan goo. 
which made its debut at foe trade 
show, feature this flexible approach 
to vehicle design. 

Fuel economy is another area in 
which carmakers are called upon to 
come up with more intelligent sys- 
tems and more economical solu- 
tions. 

“No car manufacturer can afford 
to ignore foe demand for cle after- 


burning engines,” notes a spokes- 
man for Germany’s Association of 
VfehicJe Importers. 

One company on the cutting 
edge is Honda. Its Ultra-Low Emis- 
sion Vehicle (ULEV) is the first 
gasoline-powered engine able to 
slash emissions and meet foe 
world’s strictest standards, foe 
company says. Honda’s 1998 mod- 
el Accord will feature a ULEV 
engine. 

Enter the Autonet 

The race is also on to provide 
drivers with more intelligent nav- 
igation systems and easier access to 
on-line services. Mobile terminals, 
including GSM cellular phones, 
navigation systems and ordinary 
car radios, are foe building blocks 
manufacturers are busily fitting to- 
gether to create a new multimedia 


interactive car network they call foe 
Autonet. 

Since digital supplementary in- 
formation was first made available 
through foe Radio Data System 
(RDS) about 1 0 years ago, this ser- 
vice has continued to develop in 
leaps and bounds. Far more spec- 
tacular, however, is foe Traffic 
Message Channel (RDS/TMC). 
based on foe RDS system. With the 
aid of this service, traffic news can 
be made directly available to 
drivers foe moment it happens. 

Smarter driving 
“The concept of a mobile terminal 
swings open throe gateways to foe 
information world,” says Martin 
Thoone, head of product strategy at 
Philips Car Systems near Frankfort, 
TMC gives up-to-the-minute traffic 
information, news and advice via 


radio text display. With the aid of 
GPS (Global Positioning System) 
satellites, it is possible to determine 
the exact position of a vehicle at any 
moment. The integrated GSM 
phone provides foe key to the in- 
teractive on-line connection. 
Philips’ RC 579. for example, com- 
bines a car radio with a TMC de- 
coder and interfaces with Philips’ 
existing CARiN car navigation sys- 
tem. 

Moving toward increased inte- 
gration of systems m the car, 
Siemens Automotive in Regens- 
burg bas launched a new system at 
foe show in which ail information 

— including radio, car telephone, 
navigation and onboard computer 

— is brought together in a single 
display and with a single control 
interface. 

PS-T. 


■ Valuable Lessons 
1 From the East 

Asian production principles are in ascendance.- fii ; 

T he impact of Japanese-owned car-making plants qfij ['# • 
Europe can be seen most clearly in foe latest pro- < 
ductivity audit carried out by the Economist Intel- - 
Iigence Unit in London. It found that three of the four most'" 
efficient car factories in Europe were those in Britain owned 
by Nissan, Toyota and Honda. 

The EIU rated General Motors’ new factory at Eisenach, m 
Eastern Germany, second only to foe plant in northeast 
England owned by Nissan. GM has never made any secret of ^ 
foe fact that Eisenach is based on lean production techniques f f 
foe company learned through joint ventures with Toyota and 
Suzuki in North America. 

“The arrival of Japan transplants,” says Garel Rhys, 
professor of motor industry economics at Cardiff Business 
School “has been like an MBA program for the Europeans.” 

The European makers have embraced the production prin- 
ciples pioneered by Japanese automakers, including simul- 
taneous engineering, collaboration with suppliers on de- 
velopment, quality circles and just-in-time component 
deliveries. 

Keep it simple 

Ford’s Ka city car is simpler — that is, cheaper — to 
manufacture because it has only UOO components, com- 
pared withfoe 3,000 m foe Fiesta Classic ftomwhich it was 
derived. The supplier park that constantly feeds the Ka 
factory near Valencia, Spain with components is a model for t 
Ford s new, Europe-wide approach. “This is a quantum leap < f, 

ct o4“s;, a d ^ Juan Josi Ubashs - — g 

■ five years ago, when Porsche faced foe woret crisis 

in its history, the new management decided to employ a team 
re0I Sanize the production system 
at its Stuttgart factory. It was a question of ‘to be or not to 

r^p^if t ^ ^ Wiedeking, chairman 

^' h ? l _f >oarc ! of management Today, Porsche is an 
efficient, flexible and profitable company. 

Japanese companies have made another important chance 
m the Europe* scene. Almost 824,000 cars and light tracte 
designed by Japanese companies were made in Eurone last 
year, either by large, wholly owned subsidiaries orsmaller 
jomt ventures. A decade ago, there were practically 

A two-way street 

Those vehicles are being bought primarily by Eurooean 

customers - people who, up to the mid-1980s,wo U Jdh^ 
purchased products from traditional European aiSk^r 

islKifg set bySouth pace » 

In the past three years, Daewoo has acquired autom^ 
operations in Poland, the Czech ^ 

Significantly, it has elected to desim^d dev^l^ 0man ^ 

future products entirely in EuroiTSt 

at its technical center in WoS EdeCcL a^°- C « 

another center outside Munich S ^ engmes at 

R.F. 

. The automobile Industry in Europe” 

ProGram Director; BUI Matuier. ^ ^ 


I 


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PAGE 18 


INTERNATIONAL HERAtOTRlBUNE, THURSDAY SEPTEMBER 11, 1997 


KYOTO: A Synergy of tradition and Innovation 




WbMe for much of the 
outside world, Kyoto 


tnuStiooal Japan, a rpm* 
sanctuary fuB of cherry 


was sM weaving, pottery, 



Fresh Blueprint 

For 2 1st Century 

New facilities and transport links are planned. 


and performmg arts, the 
Kyoto name was 
associated with refuted 






• ah.**. • •• -* 

m. tMHP. Wt-w+M *t- 






a new, modem Kyoto, one 
that is looking ahead to 
the 21st century. 



’ \ Maries such as silk^reavi 

*£&£& a-aresas 

ta *e northern part of the The revitalizaflon . plart ^ 

D refecture along me Japan will encourage the mafang o| 
S^a n^ber of For- “goods that are mfocaftve of 
eign^ss Zones (FAZs) Kyoto s spim . and 

areplanned- In the center of low a major 
die prefecture, Kyoto city 

will be developed as a major made to strengthen the base 
tourist center. The southern of core businesses and pro. 
part of the prefecture will mote next-generation rndus-i 

» r . i* ^ — — aa iiia. 11 nr i/onntTT> hlKl- 


r f - • *• * 4 \ 


An Ever-Renewing Source of Creativity and Culture 

At?/ content to rest on its laurels as Japan s cultural repository. Kyoto is embracing new development in business and infrastructure. 

T radition remains very much a part of the image of A large and vibrant foreign community lives in Kyoto. Its Kyotoites are justifiably proud of then- characft 
Kyoto, Japan’s fiflh-largest city, home to 1.5 million presence adds greatly to the city’s cultural diversity, creating creativity and individuality. In business ant 
people, with a total of 2.6 million in Kyoto Pre- a sense of excitement and experimentation. Kyoto is also Kyoto entrepreneurship has led to the creation ■ 
lecture. home to nearly 2,000 Buddhist temples and Shinto shrines, world’s best-known companies, including Kyc 

An industrial and cultural center, Kyoto is also a major Today, 17 historical sites have been designated UNESCO DDI and, of course. Nintendo, 
center of higher education, with some of the nation’s finest World Cultural Heritage Sites, and Kyoto is the location of 20 According to a ! 992 survey conducted b> 

universities, including the prestigious national Kyoto Uni- percent of Japan’s national treasures. More than 60 museums prefectural governments and the Kyoto Char 
vereitv. as well as Ritsumeikan and Doshisha Universities, throughout the city offer visitors the opportunity to view merce and Industry, the total export volume of 1 
two private schools noted for their high standards and priceless works of art and important cultural objects. nies amounted to 1.04 trillion yen (S8.6 billi 

international outlook. " The Kyoto personality is one of old, tested strength, import volume was 136.5 billion yen. The se 


serve as a major center for 
science and technology. 

Coastal trade zones 
Kyoto Prefecture’s most am- 
bitious plan is to develop the 
area along the Japan Sea 
coast with FAZs. In the pic- 
turesque town of Maizuru, 
the Maizuru 21 project is 
now underway. Scheduled to 
open this year. Maizuru 21 is 
a 1 9 . 000 -square-meter FAZ 
complex that includes a 
6.800 -square-meter assist- 
ance center and a .5,500- 
square-meter distribution 
center. 

Die Support Center, a fa- 


tries as well as venture busty 
nesses. In addition; 
traditional industries and the 
so-called “culture indus% 
tries” will continue to be de- 
veloped, and artistic desigq 
industries will be promoted. • 

Better rail access \ 

The centerpiece for Kyoto’S 
21st-century plan is the re-* £■ 
cently completed Kyoto Sta-* * 
tion tenninal. Opened foi$ 
past summer, the 238,000-j 
square-meter station has 
been transformed into a 
grand gateway. Facilities in* 
elude hotel shopping and 
convention facilities as well 


I IIC ^Up[AIU M IM _ p 

ciiitv to assist companies in as improved rail access. Kan? 
the trading sector, includes sai International Airport is 


Rich Convention Resources 

With so much to see and do. it s little wonder that Kyoto is one of the top choices for conventions . 


T he Kyoto Convention Bureau manages 1 50 con- 
ference facilities around the prefecture, as well as 
hotels, travel agents and other service providers. 
Services include convention guides, brochures and maps, 
tours, events for special functions and site inspections. 

Kyoto welcomes conventions of all sorts, and the 
Kyoto Convention Bureau, a nonprofit organization sup- 
ported by the Kyoto Prefectural Government the Kyoto 
Municipal Government the Kyoto Chamber of Com- 
merce and Industry, the Kyoto Prefectural Tourism As- 
sociation, the Kyoto City Tourist Association and the 
Kyoto International Conference HalL is always ready to 
assist with planning Kyoto conventions. 

The bureau publishes a newsletter and offers a 20- 
minute video called “ Kyoto, the Convention City.” It can 
also provide interest-free loans to international confer- 
ences for preparation costs. These loans are for up to 5 
million yen ($42,000) and must be repaid within one 
month of the end of the conference. The loans require two 
Japanese citizens to serve as cosigners or guarantors. 


Of course, visitors to Kyoto don’t want to spend all 
their rime in a convention hall. What better way to get to 
know the city than by meeting its residents? 

Through the Kyoto International Community House, 
visitors can meet Kyotoites who are interested in ex- 
change activities and are eager to share their knowledge. 
Homestav volunteers, volunteer inteipreters/translators 
and cultural exchange volunteers are all willing to assist 
the visitor. 

Homestay volunteers welcome guests into their homes 
and give them the opportunity to directly observe daily 
life in a Japanese household. 

Volunteer interpreters and translators accompany vis- 
itors on sightseeing tours, serve as an information re- 
source and assist with translating information guides and 
other materials. 

Cultural volunteers give lessons on flower arrange- 
ment, Japanese calligraphy, Japanese language, origami 
and other traditional arts at the local Kyoto International 
Community House. 


Kyotoites are justifiably proud of their character and of their 
creativity and individuality. In business and technology, 
Kyoto entrepreneurship has led to the creation of some of the 
world’s best-known companies, including Kyocera. Omron. 
DDI and, of course. Nintendo. 

According to a 1 992 survey conducted by the city and 
prefectural governments and die Kyoto Chamber of Com- 
merce and Industry, the total export volume of Kyoto compa- 
nies amounted to 1.04 trillion yen (S8.6 billion), and total 
import volume was 136.5 billion yen. The service industry 
accounts for nearly 70 percent of Kyoto's economy. 

Stimulating crosscurrents 

Today. Kyoto business and technology is developing in new 
ways, with enthusiastic cooperation among business, aca- 
demia and government Two projects that have been bom 
from this collaboration are Kyoto Research Park, an in- 
tegrated facility located in southern Kyoto Prefecture, and 
Kansai Science City, located in the Keihanna Hills, which 
overlap the borders of Kyoto, Nara and Osaka Prefectures. __ 

Kyoto Research Park was set up to utilize the resources of 
the high-tech industry, traditional culture and academia to 
develop an international information exchange network and 
to offer a research and development support system. Kyoto 
Research Park contains folly equipped laboratories and 
facilities for exchanges between academic researchers, gov- 
ernment officials and the business community. .Also available 
are rental office space and support for the development of 
research and development enterprises. 

In addition, the park contains an international business 
ceDter, business support center and international convention 
and conference facilities. Tnere ii also a training facility. 

Hospitality has not been forgotten. Kyoto Research Park 
contains numerous restaurants and shops, a hotel, a gym- 
nasium with pool and tennis courts, and a tree-lined mall. 

Kansai Science City is a national project, a center for 
international, creative, interdisciplinary research, and a nuc- 
leus for the promotion of culture and academic research. The 
aim of the center is to promote not only the natural sciences 
but also the humanities and the social sciences. • 


office space, an information only a little more than aq 
center and a Hr nmg area. The hour away, thanks to tfae new 
Distribution Center provides Haruka express tram. Pas-' 
storage for goods and assists sengers can complete board-; 
in approving them for dis- ing procedures, including 
tri burton. In addition, an im- baggage check-in, before 
port showroom and in Forma- reaching the airport at the 
tion on trade are available, new City Air Terminal. 1 
Other facilities include an A new information center,’ 
import haxia r and meeting located on the second floor 
rooms. above the Grand Concourse, 

With its location on the will provide updated flight \ 
Japan Sea, Maizuru 21 is information and assistance tc{ 
strategically located to serve visitors, and there is a trail-; 
customers throughout the ti vision screen with flight 
East .Asia region, "from Rus- and train information. Also 
sia to the Korean Peninsu/a included is an mtemationat 
and China, as well as Japan, exchange center, being .built 
The prefecture plans to by Kyoto Prefecture. « 
fiirfoer-deyelop foe tourism. r The new Kyoto Station 
industry in both central andt also houses a luxury depart-: 
southern Kyoto Prefecture, ment store, specialty shops 
In foe city of Kyoto, foe pre- and a wide range of restaur- 
fectural government runs the ants. A 1,000-seat capacity 
Kyoto museum, the annex of theater is equipped with 
which has been designated sound and light features fb^ 
by foe government as an shows and lectures. The 
“important cultural prop- Hotel Gran via, in the sta^ 
erty.” because of its unusual tion’s west wing, is a 539i . 
Western-style architecture. room luxury hotel with sonuj 
The city of Kyoto is also of foe most convenient fa-* 
preparing for the 21st cen- cilities in foe city. • ■ 


by foe government as an 
“important cultural prop- 
erty’.” because of its unusual 
Westera-style architecture. 

The city of Kyoto is also 
preparing for the 21st cen- 


“Kyoto: A Synergy of T radition and Innovation” 
wzy produced in its entirety by the Athertising Department of 
the International Herald Tribune. 

Writer: Eric Johnston in Osaka. 

Program Director: Bill Mahder. 


Wer 


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Hlcralb^^Sribime 

Sports 


THURSDAY, SEPTEMBER 11, 1997 


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Bulgaria Secures Berth in Finals 


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Another Victory 
For Wust in Vuelta 

CVCurq Marcel Wust of Ger- 
, ™y captured the fifth stage of the 
Tour of Spain on Wednesday, his 
third victory in this year's race, 
while Lars Michaelsen of Denmark 
■ reclaimed the overall lead. 

Wust had already won the 
second and third stages in Spain, 
the third big cycling race of the 
season after the Tour de France and 
the Italian Giro. 

About a dozen other riders fin- 
ished with the same time as Wust 

— 5 hours 43 minutes 27 seconds 

— including Giancarlo Raimondi 
and Alessio Di Basco of Italy, 
Laurent Jala ben of France and An- 
gel Edo of Spain. 

Michaelsen finished in the main 
pack and regained the overall lead 
from Fabrizio Guidi of Italy, who 
punctured a tire near the finish. 
Michaelsen look the lead in the 
opening stage and held it until 
Tuesday when he gave wav to 
Guidi. 

Wednesday’s 229-kilometer 
(142-mile) stage from Jerez de la 
Frontera to Malaga was the last flat 
stage before the riders move Thurs- 
day to the Sierra Nevada range — 
the highest mountains in continen- 
tal Spain. ( AP) 

Fittipaldi Should Recover 
Fully From Leg Paralysis 

motor racing The champion 
driver Emerson Fittipaldi remained 
partly paralyzed Wednesday from a 
plane crash, but chances ore ’’al- 
most 100 percent" he will be able 
to walk again after surgery', his doc- 
tors said. 

A vertebra in Fittipaldi’s lower 
spine was shattered Sunday when 
the ultralight plane he uas piloting 
crashed near his home in Brazil 
The '-year-old driver, a two-time . 
v. inner of the Indianapolis 500. was 
flown to Miami for further treat- 
ment. The paralysis was in his left 
leg. doctors said. A team of 10 
physicians were planning to op- 
erate on Thursday to reconstruct the 
shattered vertebra with a bone graft 
and titanium rods and screws. 

“He has a minimal degree of 
paralysis and numbness at this 
point." said a neurologist. Dr.- 
Barth Green. "I think the chances 
are almost 100 percent he'll be able 
to walk.” 

Dr. Green said the driver could 
be out of the hospital within a week, 
but would have to wear a brace for 
abnuc mx months. (API 

Graf Plans Her Return 

tennis Steffi Graf plans to re- 
turn to competitive tennis on Nov. 
25 in Baltimore, five months after 
undergoing knee surgery. 

The 2X-year-old Gennan. who 
holds fhe record for most weeks 
ranked No. 1. has dropped to No. 
13. Graf will play Chanda Rubin in 
the exhibition, the First Union- 
Signet Bank Tennis Challenge at 
Baltimore Arena. Graf, winner of 
21 Grand Slam singles titles and 
103 singles titles, has not played 
since losing to Amanda Coetze’r in 
the quarterfinals of fhe French 
Open on June 3. (API 


Our Sag F<t>* Dtqvxha 

Bulgaria gained a place hi the World 
Cup finals on Wednesday by beating 
Russia, 1-0, with a headed goal by a 
defender, Trifon Ivanov. 

Ivanov headed home Hristo Stoich- 
kov’s cross from the left in the 55th 
niinute of their European Group Five 
qualifier in Sofia to give the Bulgarians 
an unassailable four-point lead over 
Russia with one match to play. 

The Bulgarians raised their arms in 
victory salutes and embraced as loud 
cheers erupted Erom the home crowd. 

Bulgaria now has 1 8 points from sev- 
en matches. TTte Russians, who have 14 
points, cannot catch the Bulgarians even 
if they beat them in the final match in 
Moscow next month. 

Russia, who needed at least a draw in 
Sofia and victory in the return match at 
home, pushed forward after conceding 
die goal but created few clear openings. 
Yuri Nikiforov’s rasping free-kick 
flashed narrowly wide and the Russians 
were mostly restricted to other long- 
range efforts. 

Bulgaria had several chances to in- 
crease its lead but was kept at bay by the 
Russian goalkeeper, Sergei Ovchin- 
nikov. 

Austria 1 , Belarus o Austria solidified 
its World Cup qualifying chances by 
defeating Belarus, 1-0, in a drizzling 
rain in Minsk to vault back over Scot- 
land and into the lead of their qualifying 
group. 

Heimo Pfeifenberger's goal in the 
50th minute provided the only scoring 
despite many chances by both sides. 

As Austria began the second half in 
attacking mode, Ha raid Cemy passed 
the ball from the right comer flag to 
Pfeifenberger. who directed it past the 
Belarusian goalkeeper. Andrei Sat- 
sunkevich, and into the goal's left 
comer from about 9 meters out 


The victory was the seventh for Aus- 
tria (7-1-1) in nine Group 4 qualifying 
matches, giving it 22 points to 20 for 
Scotland, which has played the same 
number of games. 

Belarus (1-1-7) is tied with Estonia 
for last in the group. 

The Belarusians did have several 
near-goals in die first half, losing one 
when an apparent score by Miroslav 
Romashchenko was nullified because 
of an offsides call. But Austria clearly 

World Cur Qoalimirs 

outplayed the hosts and now appears in 
position to clinch a World Cup '98 spot. 
After Pfeifenberger's goal, there were 
few scoring chances by either side de- 
spite dynamic play. 

Belarus's Valentin Belkevich went 
one-on-oae with a defender in front of 
the Austrian goal in the 67th niinute but 
couldn’t get a shot off. 

Italy O, Goorgn o In Tbilisi, heavily 
favored Italy put its leadership in Group 
Two at risk by managing only a sco- 
reless draw ag ains t Georgia in their 
World Cup qualifying match 

Second-place England was to play 
Motdova in a later Group Two game. 

In a strategy that backfired, the Italian 
team waited until the last part of the 
match to fieldJts best strikers — Filippo 
Inzaghi. Pierluigi Casiraghi and 
Roberto Baggio — depriving its offense 
of most of its potential. The team still 
had three clear scoring chances in the 
last 20 minutes, but decisive saves by 
the Georgian goalie, Nika Togonidze, 
prevented the visitors from scoring a 
much-needed victory. 

The draw left the Italian team un- 
beaten in seven qualifying matches, 
with a record of 5-2-0 and 17 points. But 
it made Italy's task in its last match in 
Group Two — against England in Rome 


on Oct 11 — that much more difficult 

Italy was overly defensive during the 
first half, leaving the striker Christian 
Vieri of Atletico Madrid, isolated in 
front The Italians were also dearly 
worried by the fast actions of the Geor- 
gian team led by its most talented play- 
er, Temur Ketsbaja. Ketsbaja plays in 
the English Premiere League with New- 
castle. 

Archil Arveladze and Brothers Shota, 
who play in the Dutch league, also put 
Italian defenders under steady pressure 
in the first pari of die match. Indeed, 
Italy's only dear first-half chance came 
in fee first minute when a long-distance 
shot by Chelsea’s striker, GianFranco 
Zola, nit the bar. 

A mare determined and offensive 
Italy had two scoring opportunities with 
midfielder Dino Baggio, whose power- 
ful shots were savedby Togonidze. 

In the last minute of play, the Ju- 
ventus striker Filippo fnraghi saw his 
shot stopped by the Georgian goaliejust 
on the net line. 

* ’The team played a good second half 
— we had chances bat could not score,” 
said the Italian coach, Cesare Maldini. 
“I'm not disappointed with the result I 
am a bit disappointed with the first half 
performance. We will think of England 
in due time.” 

ARmmi 1, Northern Ireland O Albania 

picked up its first victory in World Cup 
qualifying with a 1-43 victory over 
Northern Ireland- in a match played on 
neutral ground in Switzerland because 
of continuing civil unrest in Albania. 

Albania got the winner in the 69th 
minute on a strike by Altin Haxhi. The 
goal gave the team its only victory in its 
ninth game in Group Nine. The Al- 
banians’ only previous point came in a 
1-1 draw with Armenia. 

Northern Ireland has seven points in 
nine games and, like Albania, has no 





Vanfl DoncWAjccnre FrmrPtess* 

Bulgaria’s Luboslav Penev, right, battling Russia’s Ahrik Tzveyba, 


chance of qualifying for the World Cup 
next year in France. 

Haxhi scored from 18 meters as his 
shot beat Northern Ireland’s goalkeeper. 
Tommy Wright, after a defender, Colin 
Hill, failed to clear the ball from danger. 

Both teams observed a minute’s si- 


lence before the match for Princess Di- 
ana and Mother Teresa. 

Ukraine, Germany and Portugal are 
fighting for the top spots in the group. A 
victory by Germany in a later game, 
Wednesday over Armenia would put it 
atop the group. (Reuters. AP l 


For Europeans , Cash Starts to Become a Big-Time Player 


By John Tagliabue 

Nm York Times Service 

L ONDON — Sports mania is hardly a new 
phenomenon in Europe, where in many 
countries soccer is almost a religion. But 
sports as a business here has .long been decidedly 
minor league compared with the big-money mari- 
nes s across the Atlantic. 

Suddenly, however, driven by a revolution in 
European television: the commercialization of 
sports on a very American scale is spreading across 
Europe, with everything from emblazoned mer- 
chandise to theme restaurants to rising ticket 
prices. 

Take Manchester United, the soccer team that is 
arguably the biggest commercial success in British 
sports. Last year, the league that Manchester plays 
in pocketed SI. 1 billion for four years of television 
rights, almost four rimes what it got in 1992, and 
Manchester will get a nice share of the take. 

The club rakes in an additional $29 million on 
merchandising. It owns its own stadium, and fans 
swarm through three sporting goods stores under 
the bleachers and line up for tables at the Red Caff, 
the team restaurant. 

What's propelling this wave of change? Mainly, 
European sports are being borne aloft by an ex- 
plosion of cable and digital television as state 
broadcasting monopolies crumble. And while 
Manchester United is dearly in the front ranks of 
this revolution, the phenomenon shows no signs of 
stopping at' the English Channel. 

Not that the revolution is complete. In Milan, for 
instance, Adriano Galliani’s eyes light up when he 
talks about Manchester United Mr. GaJliani is 
managing director of AC Milan, one of Italy’s 
leading soccer franchises, but his club lost $25 


million last year. The money for television rights is 
divided among too many trams, be complains, and 
revenue from selling Milan jerseys and other 
paraphernalia is crimped by counterfeits. 

Besides all that, Mr. GaHiani is struggling with 
the city of Milan over San Siro, the 85,000- seat 
stadium the city owns, where the team not only 
pays rent but also forfeits some of the revenue on 
food and parking. 

Still, Italy’s broadcasters paid. $27 million to 
broadcast lasr year’s soccer season, triple the sum 
paid five years ago. In Germany, the amount rose to 
$143 million from $81.5 million. With pay tele- 
vision spreading quickly, revenue is expected to 
keep climbing, and the increased air time has led to 
a boom in sales of everything from jerseys to 
soccer balls to videocassettes of games. 

Many changes are American-inspired, and 
companies such as Walt Disney Co. and its ESPN 
network have acquired European partners. Sport- 
ing-goods companies such as N ike, Reebok and the 
Footlocker unit of Wool worth Carp., as well as the 
merchandising arms of the National Football 
League and the National Basketball Association, 
are elbowing in. 

But if all of this sounds like an echo of what 
happened in the United States, European sports 
executives are taking change a step further. 

Plans are afoot to transform franchises into 
leisure businesses, with restaurants and pubs, va- 
cation clubs and television stations. And in contrast 
to their counterparts in America, where most teams 
are the playthings of rich individuals, the European 
teams are turning to the stock market for capital 

In Britain, IS soccer teams have stock listings. 
Last year, Italy's government transformed the na- 
tion’s soccer teams from nonprofit organizations 
into for-profit corporations, paving the way for 


Scoreboard 


stock-market listings. Germany is expected to take 
a similar step next year. 

Much of the change still affects only soccer, 
which rules the roost in Europe, in contrast to 
America, where football, basketball, baseball, ten- 
nis and hockey vie for public attention. But lesser 
sports are caaght up in the change as well hi 
Britain, several rugby franchises, such as the Shef- 
field Eagles, have sold shares , and cricket, base- 
ball’s venerable cousin, has shortened game times 
to primp rtselffar television. - r - - 

’‘Only in the last few years have sports come out 
of the wilderness,” said Richard Baldwin, a part- 
ner at Deloitte & Touche in London, which spe- 
cializes in the business of sports. 

T HE CHANGES have their downsides for 
fens. In Britain, soccer ticket prices have 
risen an average of 1 1 percent in five years, 
and fes anger over the shifting of sports to pay-for- 
view TV is growing. In the Netherlands, protests 
were so loud over a new pay-per-view venture that 
it had to close down. 

The flood of money also has inflated players’ 
salaries. This summer, the Italian soccer club Inter 
set a European record when it offered a package of 
$42 million for fee dazzling young Brazilian for- 
ward Ronaldo. 

Share prices of soccer franchises have proven 
wildly volatile. The index that tracks Britain’s 
publicly traded soccer teams crashed to 650 points 
in August from almost 900 in Febraaiy as fee 
market became inundated with new issues and a 
1995 European Union decision allowing free 
movement of players began to inflate salaries 
further. 

Moreover, the rampant commercialization is 
provoking a backlash among some fans and own- 


“Is it good for fee fans?” asked Crislian Rani; 
23. a law student and Inter fen browsing recently 
among Inter jerseys at a Footlocker store in Milan* 
“Sure. Morally, I'm not so sure.” 

The pace of change varies. British Sky Broad- 
casting, controlled by Rupert Murdoch's News! 
Carp., created fee national market for satellite’ 
television. Britain now has more than 6 million! 
satellite dishes, compared with vimj^Jly none in; 
Italy and Spain. • 


The struggle fcffT overall control of television! 
revolves increasingly around sports. Last year,; 
when an Italian media entrepreneur, Vittorio Cec-» 
chi Gori, outbid the national network. RA1, for', 
soccer rights, fee government annulled the result; 
and made both sides share the rights. In Spain, a: 
private digital broadcaster. Canal Safelife Digital., 1 
is locked in a battle over soccer rights wife a’ 
government-sponsored company. Via Digital. J 

The changes in British . soccer were accelerated, 1 
by a wave of soccer violence in fee 1 980s and the* 
deaths of 96 fans in 1989 at fee Hillsborough! 
Stadium in Sheffield. Under government pressure,: 
fee league reorganized itself, stadiums were re-' 
furbished, and a drive began to attract more women! 
and families. 

AD this cost money, of course, which is why thei 
teams tamed to fee stock market. Though only two! 
American teams are quoted on a stock exchange — > 
fee Boston Celtics, in basketball, and the Florida: m 
Panthers, in hockey — in Britain a trickle soon'; 
became a flood. 

Some sports executives are apprehensive about 
fee heavy spending for players, which produces 
losses at many of Britain's soccer dubs. “The * 
single biggest challenge,' ’ Mr. Baldwin said, ‘ ‘will Jj 

be to control what players earn. ” M 


September 10th - September 21st 1997 

Revkj.uik ■ Miushnuig • Sex ilia • Runu • Td-Aviv • Amman • Trabzon • Izmir. 

official sponsors 


Major League Stanmnos 


T 


vyupiD 

i lAtViEy. 


“Things hotting up even before commencement 
of the 1st World Air Games long distance air race, due 
to strong winds, heavy nun and turbulence” 


Reykjavik. Iceland, Sept 9th. 

The IVilv ration Acronautique 
I niern.it h male (KAO is organizing the 
Hr, l World Air Cijmcs in September. 
1 1 nr. The Turk Hava Kurumu < National 
Verdilub «»1 Turkey I is hoMtng the 
games, and all recreational flight 
div-ipliiic** will be represented, from 
ultralight* and hot air ballooning to 
precision living. Aa a key component of 
i In'* major eienl. the “Umg Kange Air 
Race" is a speed contest few Iceland to 
Turkey. The French association Arc en 
tael provides organizational and 
technical support 

1<i crews, representing 12 nationalities, 
and living single <jt twin engine light 
.uiLfult. will take off from Reykjavik on 
IhuiHln morning, to reach .Strasbourg, 
Stance. Tilings are hotting up even 
More i ommcnivmenr of the race. 
Crews arriving few die States had the 

Hcra!b«^fe“Eribunc 


advantage of strong tailwinds, while 
poor Erik and Ingrid 11a neks, the 
Swedish team "Go johnny Co" battled 
fierced headwinds and turbulence en 
route from Scottiand. One of the Us 
teams. “Carolina Belle", with Karole 
Jensen and Jeanne Gink. en route from 
Goose Bay in their single engine 
Mooney, lost their engine 130 miles out 
to sea. An immediate return to land was 
made and after restarting the engine 
they decided to continue on to 
Reykjavik. Subsequently rhe engine 
faltered five limes before arriving safely 
in Iceland. Canadian team "Canuk" 
diverted yesterday to Montreal because 
of a tiaek in engine* case. The engine 
was changed and they could safely 
have a drink in the hotel. Fortunately, 
weather forecasts improve, and the 
Icelanders are very helpful and 
friendly. 

SSjeppesen, 

atweswwotwnmiiy 



W 

L 

Pet. 

GB 

BaHiaore 

89 

53 

627 

— 

New York 

81 

61 

J70 

8 

Detroit 

70 

74 

486 

70 

Toronto 

70 

74 

.486 

20 

Boston 

69 

75 

479 

21 


centum. onrenON 



Onetond 

76 

64 

343 

— 

MBwankee 

72 

71 

303 

5V, 

Cine ago 

70 

74 

AB6 

8 

Mtonesoto 

59 

04 

413 

1SV. 

Kansas City 

58 

84 

JOB 

19 


WEsrtnvtsttN 



Seattle 

80 

65 

352 

— 

Anoheho 

75 

70 

317 

5 

Texes 

<7 

78 

>62 

13 

Oatoart 

58 

87 

XU 

22 

NATIONAL 1 

JAMN 



■ASTMVMON 




W 

L 

Pet 

GB 

Aifatea 

90 

54 

325 



Florida 

84 

59 

387 

5*A 

New York 

77 

66 

338 

12% 

Montreal 

72 

71 

303 

ir> 

PhQadetotato 

50 

83 

>11 

30* 


CEJfTRM CXVtStON 



Houston 

73 

71 

307 

— 

Pittsburgh 

70 

75 

>83 

3V. 

SI- Louis 

67 

77 

>66 

6 

CMmeff 

65 

7S 

>55 

7% 

Chicago 

60 

as 

>14 

13% 


WEST tHVWON 



Las Angeles 

81 

64 

359 

— 

San Frandsca 79 

65 

349 

lto 

Cotorado 

73 

72 

303 

8 'h 

San Diego 

68 

77 


12 

mn«nunNORB 


AlflMCAM LEAGUE 



Tten 

M0 

m 800 — 8 

I 8 

Dairen 

0M 

NO Mk— 4 

6 8 


HelRng. Bones (81. Wettetond (8) and I. 
1 Radrfgvec SSandtn and Jensen. W— 5. 
i Sanders, 5-11 L— HeRn* 2-2. 
j 0 attend 800 003 110— 6 12 ■ 

1 Mtonesslo MB 001 000-1 4 0 

Haynes, Taylor (91 art MaSna; Hawkins. 

; Swfndofl 16). RBdrie TO, Guardado (9) and 
I SMnDodi. W— Home* 3J. L— HowWn* S* 
1 1 . HR-OcadamV Brasfan Ull. 

MWa QM 000 000-0 3 1 

Tenaris 010 000 BH 4 8 

KJUl Haitz (8). M6 0) and Krcuta; 
Carpenter art asoratogn. W-Oapate 2- 
7.1— K.HH7-1Z 

New York 101 01S OOG-0 13 1 

Bastes 010 500 000-4 f 0 

Gooden. Book* (4). Stanton 01, M. Rivera 
19} art Posada Sobertogen. Awry («. D. 
Lowe 16), Mahay (7). Hotel TO ana 
HaMng. W— Banks. 1-0. L— D. Lowe 2-5. 
Sv— m_ Riven (41). 

MBwouteS 880 000 10fr~4 S 0 

Chicago 180 000 KM— 4 7 I 

J .Mercedes, Davis OT. K Reyn (8) art 
Mammy, Station Oii Eyre, N. Graz 00, 
SfcWko (83, J. Darwin OJ, T. Cnstflto (75 art 
Frtngas. W-Eyi* 3-1 L-J. Me r c e de s , 4- 
9. Sv— T. Cart Bo Q). HRs— Chicago, 
DaMortnez (131, Caawran (14). 


Brfffman Ml OM 020-4 13 1 

Qew hsj d 110 100 om-3 t 0 

Krtvda A. Bender O) and Wefarten Ogea 
A. Lopez 0 Si. Jo co me (6), Pfunk (91 and S. 
Akmne, Borders C7). VV— Krtvda 44L 
L— Ogea M. HRs — BoKmare, ByAndeaon 
071. Baroa (257. * 

Seattle ON 011 101-4 9 2 

Kansas Ctty IN 020 000-3 0 1 

Ooufe Hote e roer CSK Ay* (57, Oration 
m. TknOn CO, Steam* (9) and DaWIm 
Marmno (77; Belches Bevfi <£). WMsanoa! 
{Bl, PJchonJo r» and MacMone. 
W — Tlmfirw 5-4. U-Ptehnido, 2-5. 
Sv— Stocomb (23). HRs— Seattle, Buhner 
Oi), Dvcey (4). 

NATIONAL LEAOUE 

Chicago 100 001 000-2 0 2 

□nctoali M OM IDs— 6 8 0 

JeXanzrdez, R.Tatb (7), BattenMd (77, T. 
Adams (0) and Senate Morgan. BeSnda (71. 
Show (9) and J. Odwr. W Merg sr v 7-11. 
L— JtLGonzntez. 11.7. Sw-Shww (34). 
HR— Ckidnntdl Stynes (4). 

PtdladApHa ON OH 010—1 4 0 

Nrwyortt OM ON 000-4 6 I 

T-Grserv BatteDeo (97 and Ueberthafc 
MfickJ. Ro*ra (9) and HimOsy Pratt CD. 
W-T. Green 4-3. L— Mfcfci 7-11. 
Su-BottoBco (29). HR — Phitodetphta. 
Bragna (19). 

PBfctaf* r* 200 MO 1—4 12 2 

Meetretd 0M lie IN 3-6 11 1 

Lustra Wadace (71. M. Wiki ns (77. 
OaManaen (5?, JB neon (93, Laiseoa po) 
Bid Kendo* CPena, Bennotl <8, Urtina OT 
and FletchK WKJger IB). W— Urbina, 5-8. 
L— Lotseflfc J-4. 

Howtos Ml ON SOW 11 1 

Colorado ON in no-4 0 1 

Hampton, T.Morfln (83,ft.5prins«r(9)and 
Ausmox JnL Wright Leskanic (0). Hahnes 
(7) and Monwartng. W— Hampton. 13-9. 
L-Jm.Wrtgt* 6-11, 5*>— R, Springer 07. 
HRs— Houston. DtBefl 03), Spten (3). 
Cataoda BJctwtle Q3). 

St. Loots 020 ON 210-9 S 2 

S« Francisco 001 118 000-3 4 0 

Aytar. Painter tfl, C. Wng (BL Ecftenley 
(97 and Manera Lanvttr ffb MuMkmi 
D. Henry (7), R. Rod rtgoei 0). Taraiu (8) 
BM B. Johnson. W— Aybar. iU. 
L-MvIMHM 6-73, So-Edteatey 04). 
HRs— St Loots, McGWke CIS), Lcnkfcrt 
(277, Gaetfl (16). 

Atksrta «n Ml IdW 9 9 

Las Aagetes 010 IN 801— 3 6 4 

SmBt Wohlers (9) and J. Lopen I.Vtddea 
Diettof OI RotSnsky ®, Oswia yj and 
Plana W-Smolta, I4-T1- L-L Vdkte. Ml. 
Sv-wohtere S3). HRs— Attaata Bteaser 
(167. Las Angefcv Pfacco (14). 

Ftoilda 001 SM ON ON »-4 9 0 
S. Diego ON 220 III ON 1—7 15 2 
(13 fcminBB) ALetret F. Handto 0UWhr 
(75, Vosberg TO, Men W. Cook (itt 
AMaraea (11), OjOa (T2) and C Johnson 
MnharL Ckmnana (4% ErdH TO. K Manor 
(6), Kreah 01, HBdiaidi TO, HoRmm (9), a 
Veres OH. TV Worrell 031 «d Roheity, 
CHemandez (VI ttoRma 031. W-TUWnWl 
44. L-O)ota 1-1- HR»-Saa Uega S^irdey 
(26), G. Vaughn (15), CrJanss (6). 


AMERICAN LEAGUE LEADERS 

G AB R H Avg. 

FThaittasOiW 129 469 100 166 J54 

JostkmOe 179 419 77 14? 32 T 


BeWnBamsNYY 112 440 94 146 ^32 

EMorttnezSea 142 497 96 165 .332 

RandrerCte )3| 483 86 159 .329 

SAtomorCte 112 411 56 133 J24 

Greer Tex Ml 539 95 173 .321 

ONeENYV 133 497 80 159 J2D 

Oleary Bos 128 436 SO 138 317 

MVaughnBo* 123 460 B5 146 J17 

RUNS— Gartaptma Basteiv 11Z Grttfcy St, 
Seatta 112 Khrtefaadk Minnesota. 10& Jclec 
New 'Axis 1077 BLHuidep DetnA lOtt F. 
Thomas Odoopa 10O TeOarfc D*Ao*97. 

RBl—dfffey Jr. Seattfa 73< T. Martinez, 
New York 12a Sateunv Anohetav H6t F. 
Thomas. CHcuga 11* JuGonznleA Texas, 
7ia-T.oCkBfcDaJnft ID»OHei*,Nr>vYa^ 
107. 

HITS— GaRdapana, Badoa lB8r Greer, 
Texas, 173rJetec New Vo* 171; JtAftdentbv 
Bastea 16® Griffey it, Seatde, 167; L 
Rodriguez, Ttseas, 16* FThomab CMcaaa 
166. 

DOU BLES— JtiVatentta Boston 4* 
CMto, MDuroake* 41; Cota Seattle, 39; O. 
■NeW New York, 39; Bette, Orienga 3® 
Gerdapana Boston. 3* A Rodriguez. 
Seam* 36. 

TRIPLES— Gardaparra Boston, 1® 
KnoMmtcft. Mlnnwota 9: Demon. Kataas 
atf. 7; iefec New York, 7; 6. LHunter, 
Dstroit 7; BumOz, MRwavkea 7 ; Mata. 
Antfretm, 7; By Andersoa Baltimore. 7. 

HOME RUNS— GrSfey Jc, Swftld, SH T. 
Martinez, New Yo* 41; Thome, Owehmd 
37; JuGonrelez, Tacos. 3* Bohneu SeatHa 
3i McGwire, Oakland, 3* FThomcs. 
artaopa 33i R. Palmyra BaWmora 33. 

CTOLEN BASES-B. LHunm Dalialtd® 
wwwrecft, Minnesota 5* Nixon, Torenta 
TGortwtn, Tt3BH.4*Vtopn* aemanA 
4fc0wtwm. Qricoga 31. A. Rodriguez. 
Seattle. 29. 

PITC HING (16 ttodshni)— RaJohnmv 
! 7 ^’^ 1tL2J2; Clemens, Taronta 21- 

* MB, IJSSi Mayor, Seattle, 15-4, JW, 194; 
ElKtawv Baltfemsa 164 JtS. aja nut 
Henhbes dradand 
J3Z 4J& PeftrBa Nan YtorK 1S-7. M, 

^ oftnoqaSraWaaM) 
Ottfaera. Torenta, 25 & Cone. New Yink. 2iS» 
MrMng Botamore, 197; Fassem. Seattta 
^ CRrt ^ 

SAVES— ®L Rhrera New York, 41; 
Rowiyara BaBimra «i» □ojonaa 
3t Wettekm, Tegst 28f 
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NATIONAL LEAGUE LEADERS 

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RUNS — L. Wtrikaa Cotoroda 13® Blggte, 
Hoastea 127; Gatormga Caforeda 10® 
Banda San Frencbc® 10® EcYoung. Las 
Angriea 99; Bogwett Hoastoa 9® Piazza 
Los Angeles. 92; SFmtey, Srei Dtepiv 92. 

RBI-Gcdanaga GMoroda 12® Bagwel. 
Houston. 117; L WoZker, Cotoroda 113; 
Gwyntv Son Diegan® Sosa Chicnga 109: 
Bichette Cotoroda 109; CtJanea Atlanta 
108. 

HITS-Gwyna San Dtega W7j L Walter, 
Cotenida 192: Blggla Houston, 17® Piazza 
Las Angeles. ITS Gateroga Cotoroda 1 74.- 
MonctosLLosAnBefeai 69; CasWa Cotomda 

167. 

DOUBLES— Grudzielanek, MocdreaL 5® 
Gwyna Son Olega 4® Lansing, Montreal 
4® L water, Cotomda 42; auones Atlanta 
3® Mondesi Loo Angeles. 37! Morandtol 
PWtodetoWa 37. 

TRIPLES— OeShleids, St. Louts. 12; W. 
Gaenwa Los Angeles, 9i Randa Pirtshurgh, 
® Wwuodt, pittaburgh. 9; EcYouna Los 
Angeles, ® Daaltoa Florida® 5 are tied wflti 

7. 

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34; Sosa Odaoga 3® Bonda San Frandsca 
32. 

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Cd.31. 

PITCHING (14 Decisions)— N eagle, 
Attoate 2Mr -07® LtZ Estes, San 
Fttnebca 18-4, m 3M7i C. Maddux. 
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J3f>.l43t P. JMarflnea Montreal 16-7.^96. 
1J® Judsn, Montreal 11-& 407, 42% Pork, 
LosAncetes. 13-6,^4,131. 

STRIKEOUTS— SdaKng. PhtenMphla 
29® P. JMnrtnefc Montreal 26® smote 
Altante 21® Noma Las Angete. 207; 
KJBrowa Florida 18® Kte Houston. 18® 
AnBenes, 5t Louis. 175. 

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JoFranas New York. 35; Shaw anamafl, 
341 ToWone® Los Angeles. 34; Edwtstey, SL 
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Atlanta 33. 


Japanese League® 

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Leafing ptodnge In Wednaodoyls 
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1. Marcel Wust Germany. Lotus. 5 hours 43. 
minutes 27 seconds 

2, Gkmaato Raimondi Holy, Bresdattn 
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PAGE 3' 


INTERNATU 


'ho* KMX SEPTEMBER 24* *W7 


■ ' l-r,. 

an,| -t«v 


INTERNATIONAL HERALD TRIBUNE, THUR SDAif, SEPTEMBER H, 1997 

SPORTS 


PAGE 21 


If Griffey Gets Hot... 

Home Run Record Definitely in Reach 


' ' . * »• 
' " I,, i 

'•u*. 
•' ■ '‘VwV 

-St,. 

' : . : St 
■■■--Tis 

■■■ 


. By Murray Chass 

I New Yuri runes Serv ice 

Ken Griffey Jr. need look no further 
back than this season and other recent 
ones to find inspiration for the task that 
faces him in the next two and a half 
weeks. He may find it impossible to do 
what the task requires, but he can draw 
on the recent experiences of Mark McG- 
wire and Albert Belle, or he can simply 
summon his own memories. 

Going into Wednesday night’s game, 
Griffey had 50 home runs and needed 12 


had only 1 9 home runs entering August, 
amassed 31 the last two months, fin- 
ishing with a flourish. He hit 11 in 1 1 
games and 14 in 16 games, those sprees 
coming in the latter half of September. 

“I remember Albert was point blank 
on everything.” said Bell, who was then 
a coach with the Cleveland Indians. * ■ It 
didn't matter what they threw. I was 
quite frankly surprised that they gave 
him anything to hit. He was doing'll in 
every situation, late in the game, early in 
the game, when we were up by eight, 
nine runs. Everything he hit was hard. 




.. r-iiltv 
"SI Wife 


■' jo his final 17 games to break Major not just home runs." 
k pf ue Baseball's home-run record. But Belle was not threatening the 
r . r layers don t often hit 1 2 home runs in record because he started too far back, 
an 1 7-game penod, but Griffey had col- He hit 17 home runs in September to get 
,’T.? ev ^ Q m “k previous rune games, to 50, matching Ruth’s September out- 
7 , „“ e J P ower hitters have hot put in 1927. (The record for a calendar 

streaks. Buddy Bell, the Detroit Tigers' month is 1 8, set by Rudy York of Detroit 
fc manager, said before taking his team to in August 1937.1 
i. Seattle toplay the Mariners on Wednes- Watson, echoing others, said that the 
day and Thursday nights. “Griffs done chances of Griffey and McGwire will 
,L wire ■ They all ha ve. ” depend toa Jaige extern on whether pitch- 

Perhaps the most intriguing aspect of ers throw them pitches they can hit. 

: Roger Mans’s record of 61 home runs is “That’s the thing.” Watson said. 

that it has withstood its challengers “Both McGwire and Junior are going to 
■ longer than Babe Ruth’s legendary re- run into the fact that they might not gel 
i? cord of 60. It was 1927 when Ruth set pitched to.” 

what may always remain the best- Maris, Watson noted, had Mickey 
known record in all sports history. Mantle hitting behind him, and Mantle 
It was 34 seasons before Maris sur- hit 54 home runs that season. “You 

couldn’t stop pitching to him," Watson 
said of Maris, “because the other guy 
would knock the tar out of you. Thai’s 
not to say the guys hitting behind Grif- 
fey and McGwire aren't good hitters, 
but they're not a threat to hit 54 borne 
runs." 

Yogi Berra, the Yankees’ left fielder 
that season, recalled that pitchers gen- 
erally did not try to avoid Maris. (Maris, 
in fact, walked 94 times: Mantle walked 
a league-leading 126.) 

“They wanted to win, too,” Berra 
said of the opposing pitchers. “You had 


- ra i It was 34 seasons before Maris sur- 
. ■ '■!; t passed the record in 1961. This is the 
i - ’. 36th season since Maris. 

. In recent seasons, players have 
swung their way closer to the record. 
_ ‘ :: h--k For the first time in history, baseball has 
■ : ' .*. ^d players hit 50 or more home runs in 

. three successive seasons. 

: ■ Two years ago Belle slugged 50 for 

V Cleveland, and last year McGwire hit 52 
.r. for Oakland and Brady Anderson 50 for 
Baltimore. Now Griffey has 50 and 
' McGwire, with 49, will probably join 
him soon. 

. _ ’ But 50 isn’t 60 or 61 or 62, and right 


now fans and baseball personnel are .Mickey up after him, and me and Elite," 
asking themselves the same question: referring to the catcher, Elston 
Can Griffey do it? Can McGwire do it? Howard. 


W ar Rt 


“It would create interest in the game," 

. Bob Watson, the New York Yankees’ 

. ^ general manager, said as one who would 
• •' *; like to see one or both do it. 

■ r But 12 home runs in 17 games? Or, in 
McGwire's case, 14 home runs in 18 

— . games? Griffey hit 10homerunsinal2- 

game span in July. In 1994, when he had 
40 before the strike short-circuited his 
Wtrtrnvv - aaem P^ be hit 14 in a 20-game span in 
V U ? “1 if May. 

» * Last season McGwire hit 12 homers 
, , r . in 1 8 games in July. In 1995 Belle, who 

' ' ' s I •' 1 k’l'Ii 


It is generally not remembered that 
the Yankees played 163 games in 1961, 
playing one extra game because of a tie; 
Maris hit his 61 st in the Yankees' 163d 
game, his 161 sl 

Bell said his decision on pitching to 
Griffey in Seattle would depend on cir- 
cumstances. 

“We’re going to pitch to him when 
we need to," the Tigers’ manager said. 
“Are we going to pitch around him 
because of the home run thing? Ab- 
solutely not." 


49ers 9 Young to Play Sunday 


d ■» 

Reuters 

SAN FRANCISCO — The San 
Francisco 49ers’ quarterback, Steve 
Young, who threw just eight passes 
this season before being sidelined 
with a concussion, was cleared on 
Wednesday to play in Sunday’s game 
against New Orleans. 

Young suffered his third concus- 
sion in less than a year when he was 
kneed in the helmet on San Fran- 
cisco’s first possession of a season- 
opening loss to Tampa Bay. He re- 
turned in the second half but was 
ineffective, finishing 4-of-8 for 33 
yards with one interception. 

A neurologist examined Young 
last week and did not give permission 
for him to play against St Louis. The 
announcement Wednesday came 
after further evaluations by the neu- 


rologist and a neurosurgeon. ■ 

Jeff Brohm filled in against Tampa 
Bay when Young was sidelined, com- 
pleting I0-of-l3 passes for 99 yards. 
But he suffered a chipped bone in the 
middle finger of his throwing hand. 

Brohm was available on Sunday 
against St Louis, but the team's 
coach, Steve Mariucci, opted to start 
a rookie, Jim Druckenmiller. He 
went 10-of-28 for 102 yards, a touch- 
down and three interceptions in the 
Niners’ 15-12 victory. Drucken- 
miller was the first quarterback 
chosen in the April draft and the 26th 
overall selection. 

The injuries to Young and Brohm 
were the latest in a series of woes for 
the Niners, who lost their star receiver. 
Jeny Rice, _ to a season-ending knee 
injury in the loss to Tampa Bay. 







Moe Ifr'inm/Jlii' Wodamt FVr» 

The Blue Jays' Tomas Perez awaiting the throw as the Angels’ Tony Phillips soars in to steal second base. 

Tigers Roll on One-Hitter by Sanders 


The Associated Press 

Scon Sanders pitched a one-hitter, 
allowing only a fifth-inning single to 
Domingo Cedeno, for his first career 
shutout as the Detroit Tigers defeated 
the Texas Rangers, 4-0. 

Sanders (5-12). just 1-6 with a 6.04 
ERA in 10 previous starts with Detroit, 
struck out a season-high eight and 
walked one on Tuesday night. He retired 
the first 14 batters before Cedeno 
singled cleanly to left-center field with 
two outs in the fifth. 

Juan Encamacion slugged a two-run 
triple for the hosr Tigers, who swept the 
two-game series and won for the ninth 
time in their last 12 games. The 
Rangers’ Rick Helling i2-2) gave up six 
hits in TVs innings, but four of them 
came in the second inning, when the 
Tigers scored all their runs. 


Athletics 5 , twins 1 Jimmy Haynes 
struck out a season-high nine batters and 
Dave Magadan and Ben Grieve each 
had a pair of RBI singles to lead visiting 
Oakland over Minnesota. 

Yankees 8. Red Sox 6 Wade Boggs 
and Steve Avery reprised their World 
Series showdown ana Boggs won again, 

AL Roundup 

doubling to start a five-run sixth inning 
that rallied the Yankees in Boston. 
Avery, just demoted to the bullpen, was 
making his first relief appearance since 
Game 4 of last year's World Series when 
he walked Boggs in the 10th inning to 
force in the winning run. Boggs went 3- 
for-4 with an RBI and two runs scored. 

Bluo Jays 2 , Angels o Rookie Chris 
Carpenter pitched a three-hitter for his 


Big 2d Inning Propels Reds Over Cubs 


The Associated Press Expos 5, nates 4 Henry Rodriguez 

Jon Nunnally singled home a run and hit a two-out RBI single to cap 
Chris Stynes hit a three-run homer as the Montreal's two-run 10th. 

Cincinnati Reds scored four times in the After the visiting Pirates took a 4-3 
second inning and held on for a 5-2 lead in the top of the inning, Mark 
■victory -over foe Chicago 1 Cubs.- — ■--- -Grudzielanek started- Montreal’s- rally 


■ Nunnally and Stynes, the Reds' most 
impressive newcomers over the last 
month, combined for four of the Reds’ 
seven hits off Jeremi Gonzalez (11-7), 
who could not overcome foe one bad 
inning. Mike Morgan (7-1 1) allowed a 
pair of runs on six hits as be led the host 
Reds to their sixth victory in eight 
games. Jeff Shaw pitched the ninth for 
his 34th save. 

Phaifes i, Metso Rico Brogna sent the 
host Mets a little closer to elimination 
from postseason play by hitting an 
eighth-inning homer against his former 
team. On a sad night for the Phillies after 
foe death of foe Hail of Famer and 
longtime broadcaster Richie Ashbum, 
Brogna connected off Dave Mlickj (7- 
11) for his 19th homer and raised his 
RBI total to 77, one more than he had for 
New York in 1995. 


with a one-out bloop double — bis 
major league-leading 50th — off Rich 

Loiseile (1-4). Grudzielanek moved up 
on a groundout, and roolrie pinch-hitter 
Jose Bidro hit an RBI single. Bidro went 
to third on David Segui’s bloop single to 
center, and Rodriguez followed with his 
game-winning hit. 

Astros 7, Rockies 4 Bill Spiers hit a 
three-run homer and Derek Bell added a 
two-run shot as visiting Houston won 
for just foe third time in 12 games. 

Mike Hampton (13-9) allowed eight 
hits in TVs innings and won for the 10th 
time in his last 12 decisions. Russ 
Springer got two outs for his third save. 

Cardinals 5, Giants 3 Mark McGwire 
hit his 49th home run in his return to foe 


Bay Area. McGwire, traded from Oak- 
land to Sl Louis on July 3 1 . homered for 
the 15th time since joining foe Cardinals 
with a solo shot off Julian Tavarez. 

Bravos 4 , D odgar s 3 In Los Angeles, 
John Smoltz rebounded from one of foe 
worst outings of his career, allowing 
five hits in eight innings and getting 10 
strikeouts. Smoltz (14- 1 1 ), foe 1996 NL 
Cy Young Award winner, walked none 
and retired his final 10 batters and 15 of 
the last 16. Mark Wohlers gave up an 
RBI groundout to Eric Karros in the 
ninth but got his 33rd save. 

On Sept. 3, Smoltz allowed 10 hits 
and eight earned runs in 3‘A innings in a 
12-4 loss to the Detroit Tigers. 

Pokes 7 , Margos 6 In San Diego, 
Mark Sweeney’s two-out single in foe 
13th inning completed foe Padres’ 
comeback from a 6-0 deficit 

Sweeney, who lined out with foe 
bases loaded in foe 11 th, singled to 
center off Kirt Ojala (1-1) on an 0-2 
pitch to score Steve Finley. Finley had 
singled to open foe inning and stole 
second during Sweeney's at-baL 


Tennis Dad: 
Williams Says 
He’s Holding 


first shutout as host Toronto won its 
fifth straight. Anaheim has lost seven of 
eight 

Orioles 9, Indians 3 Geronimo Berroa 
led off a six-run sixth with his 25th 
homer as visiting Baltimore stopped 
Cleveland’s five-game winning streak 
in a game called after eight innings 
because of rain. 

White Sox 4 , Browors 1 Scott Eyre, 
one of several young pitchers trying to 
earn a job with the new-look White Sox 
next season, allowed four hits in 6 16 
innings as Chicago defeated visiting 
Milwaukee. 

Maimers 4 , Royals 3 Rob Ducey hit a 
leadoff homer in foe ninth to lift visiting 
Seattle over Kansas City. The victory 
increased first-place Seattle's lead over 
Anaheim to five games in foe AL West 
with 17 games remaining. 


By Neil Amdur 

Ne M’ York Times Service 

One day after his daughter relumed 
home from the U.S. Open tennis cham- 
pionships, Richard Williams reiterated 
his concerns about foe values and views 
on foe women’s tennis tour. 

“I wasn't crapped," Williams said, 
when asked whether he had been duped 
into published comments last week foal 
raised the issue of racism on the circuiL 
*’I said exactly what I felt about iL” 

Williams has been an outspoken crit- 
ic of the tennis establishment since his 
daughters. Venus and Serena, began 
playing in Compton, California, seven 
years ago. His mantra: Sports is not the 
way out of foe ghetto. 

“It's proven to be foe wrong way,' ' he 
said by phone from his home in Palm 
Beach Gardens. Honda. “What happens 
to these kids when they speak, they speak 
tenibly. When 1 look at young players on 
the tennis tour, it seems foe better they 
are, foe less education they have." 

Venus, the 17-year-old runner-up to 
Martina Hingis for the women's singles 
title, and Serena. 15. were back in 
private school Tuesday. But foe com- 
motion continued over last week's 
cross-over confrontation between 
Venus Williams and Irina Spirlea dur- 
ing their spirited singles semifinal. 

In the aftermath of foe bumping in- 
cident between the players, Richard 
Williams, from Florida, called Spirlea a 
“big white turkey," and Venus and her 
mother. Brandy, had to distance them- 
selves from foe comments. 

In the early years of Venus Williams ’s 
development, when she played no junior 
tournaments for four years, Richard Wil- 
liams was portrayed by some as a ma- 
nipulative, chain-smoking eccentric, an- 
other doting tennis father/coach trying to 
control his child's career. 

His absence from this year's U.S. 
Open, despite the success of his daugh- 
ter. created another round of analysis. 

“1 can’t win either way." he said. 
‘ 'Naturally, any parent would want to be 
at a Grand Slam event. Just the name 
'Grand Slam' carries so much weight 
Any person in their right mind would 
want to be there. We haven’t figured if 
I'm in my right mind." 

But Williams, who had promised 
Venus that he might fly to New Yotk 
before her third-round match, said he 
has changed his attitude toward the 
sport. "When I first started," he said, “I 
started like most parents. I wanted to 
make a million dollars. I started for the 
wrong reason. That’s why I don’t feel 
good about it” 

A number of top pros have taken 
exception to Williams's characteriza- 
tions. Gigi Fernandez, a veteran, said 
adamantly, “There’s no racism on the 
women’s tour.” 

Venus Williams’s next assignment, 
Richard Williams said, will be three lull 
tournaments in Europe, probably in Ger- 
many, Russia and Switzerland. *TU 
probably go with her this time," he said. 
Happily? “Don’t get roe started." 

■ Rusedski: Back to Earth 

Greg Rusedski, U.S. Open runner-up. 
returned to a hero’s welcome Wednes- 
day at the Bournemouth International 
Open, in England, but struggled to sink 
Alberto Martin of Spain in foe first 
round, 6-3. 4-6; 6-2, Reuters reported. 


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PAGE 22 


art buchwald 


Hold the Front Page! 


W ashington — 
There’s Sharon Stone 
sunbathing on a beach in 
Greece, 
dick. 

Over there — John 
Kennedy is jogging in Central 
Park. 

Click. 

There goes Michael Jack- 
son out the back door with un- 
identified wo- 
man. 

Click. 

I sot 
Goi 

mg in to her 
hairdresser's. 

Click. 

Hold front _ r „ 
page. Marla guchwald 
Trump at a dis- 
cotheque dancing barefoot. 
Click. 

Would you believe John 
Gotti's son with a female 
trainer? 

Click. 

There goes Chelsea at 
Stanford registering for her 
freshman class. 

Click. 

Tom Cruise. I just got Tom 
Cruise, and he was mad as 
hell and said he wasn't going 
to take it anymore. 

Click. 

Eyes right. Pavarotti and 
his new girlfriend dining at an 
Italian restaurant. 



Click. „ . 

I’m waiting for Madonna. 
She’s wearing a great skirt 
and her legs are not to be 
believed. 

Click. 

We really need a newpnoto 

of the mayor’s wife. 

Click. 

If I could only get a picture 
of Tiger Woods’s girlfriend, 
then I’d be able to retire for 
life. 

Click. 

The president just hit his 
gjoif ball into the rough. 

" Click. 

Who is the guy necking 
with Cindy Crawford? 

Click. 

Do you want Barbra Streis- 
and in London after dark or 
before? 

Click. 

Got Mike Tyson in my 
viewfinder escorting two gor- 
geous women across Lexing- 
ton Avenue. 

Click. 

Margaret Thatcher coming 
out of 21 with Henry Kis- 
singer after lunch. 

Click. 

Woody Allen, Woody Al- 
ien , Woody Allen. 

Click. 

And what about Princess 
Diana? 

Click, click, click, click, 
click. 


100-Year Savings Plan Pays Off 


The Associated Press 

URBANA. Illinois — A 
century-old silver dollar that 
was locked in a time capsule 
in Urbana has more than kept 
up with inflation. 

Back in 1893, the mayor 
placed commemorative items 
— newspapers, a half-dollar, 
a silver dollar — into a metal 
box that was sealed in a 
cornerstone of City Hall. 

The coin was discovered in 


1965, when the old City Hall 
was razed, then placed in a 
safety deposit box and mostly 
forgotten, until Gary Dayton, 
a local coin dealer, estimated 
its current value this week for 
city officials. 

The officials were sur- 
prised to learn that the silver 
dollar — an I893-S Morgan 
coin that was one of only 
100,000 minted — is worth 
$40,000 to $75,000. 


The Minimal Robert Wyatts A Group by Himself 


By Mike Zwerin 

Iniemaiional Henlld Tribune 


P ARIS — Robert Wyatt raised 
the level of playing his instru- 
ment to the point that being de- 
scribed as a rock drummer was no 
longer pejorative. 

He was with a no-nonsense Brit- 
ish band called The Soft Machine, 
named after a book by William 
Burroughs. They fused instrument- 
al jazz and rock at least two years 
before Miles Davis. A CBS Re- 
cords executive said that he 
couldn’t figure out if they were the 
label's best-selling jazz band or its 
worst-selling rock group. 

Wyatt played the arums and 
sang lead vocals at the same time. 
Not many drummers could do that 
then for now, for that matter'), cer- 
tainly not in 11/4 time. He was also 
the first drummer in rock history to 
play bare-breasted. “EEEEE!” the 
groupies screamed. “Robert took 
off his shirt” 

However, his crazy caveman 
Elvis/Elvin persona gave way 
after he fell out of a window dur- 
ing a party. He has been in a 
wheelchair, paralyzed from the 
waist down, for more than 20 
years now. His stature is such that 
you find yourself looking up to 
him anyway. He is a living legend, 
a colt hero, a towering figure. 

The music he has made since the 
accident has been described as 
“wry, plaintive, soulful, humor- 
ous, idiosyncratic, melancholic” 
and “ingenious.” There were no 
other musicians on the albums. He 
wrote the songs and played all the 
backing instruments himself. They 
were, in the best sense of the term, 

minimal . 

His album titles begin to tell the 
story by themselves — “Rock Bot- 
tom,” “Ruth Is Stranger Than 
Richard,” “Old Rotten Hat,” 
“The End of an Ear.” “Shleep,” 
(“FatChance to Dream”), Wyatt’s 
latest, is being released this 
month. 

“Shleep” is on Hannibal, a label 
with a serious reputation. There are 
live musicians on it, and not just 



full of jazz but that’s not quite the 
whole stray. I’m not a rock mu- 
sician; I can’t work off power 
chords. I start the recording pro- 
cess on my little basic four-track 
machin e. Jt’s quite limited, but 
then 2 think that Beethoven could 


have written his late string qtiar- 
" there 


Oumuc Rwr 


‘I’m not even sure what culture I'm in: rock or jazz.” 


anybody at that. If you know any- 
thing about the European Commu- 
nity alternate jazz and rock scene, 
you'll be impressed by the names 
Brian Edo, Philip Catherine, Annie 
Whitehead and Evan Parker. If not. 
be impressed anyway. 

Now that he's a real live leader, 
.he looks back on those rough days 
when be used to patch ail the voices 
and instruments together all 
alone. 


“It’s quite funny being in a 
group all by yourself,” he said. “I 
had all the same arguments with 
myself that real groups have. I was 
listening to the bassist and the 
dr umm er and I'd think. ‘What are 
those two up to?' And it was all me. 
It's funny how many different 
characters you can find in your- 
self. 

“I’m not even sure what culture 
I'm in: rock or jazz. My bead is 


tets on a four-track. So 
seems to be room for a lot of 
information.” 

Living legends and cult heroes 
generally involve unlikely name 
and discipline crossovers. 

“My parents were part of a little 
gang of intellectuals/’' he says. **l 
guess you could call them bohemi- 
ans. They were friends of [the poet 
and novelist] Robert Graves. I left 
school illiter ate and drifted off to 
Deya on Majorca where Graves 
owned a house, and he put me up 
with his own kids. I think he was 
relieved that I wasn't one more 
young academic snob asking him 
about White Goddesses. 

“He had Coltrane records, and 
we listened together. Graves ap- 
proved of my wanting to be a 
drummer. He made me feel all 
right about liking the things I 
liked.” 

The Soft Machine was stranded 
in Saint Tropez in the summer of 
1967 when the club in which they 
were to work went belly-up. 
Happener, director and poet Jean- 
Jacques Lebel hired the Soft for 
his production of the Pablo Pi- 
casso play "Desire Caught by the 
Tail,’ ^ along with Gary Goodrow 
and other members of the Living 
Theatre. (Wyatt says that the high 
spot of the summer for him, 
however, was dinin g with Paul 
Desmond.) 

Time magazine wrote it up, the 
French press caught on, the Village 
Voice covered itl Two years later, 
the Soft was opening for Jimi 
Hendrix on a tour of the United 
States (and opened for Davis the 
following year). 

But then hippies began to over- 
dose, move to Los Angeles, start 
work on projects they never fin- 
ished and to write highly paid 
jingles for commercial TV. Wyatt 


moved to Twickenham, not far Z 
from where Peter Townshend lived 
on the banks of the Thames. . .. 

People would pass by and greet “ 
him indulgently as be sat in his * 
wheelchair on Twickenham Hig^..- 
Street selling Communist literat- 7 
ure. He has a seductive smile, and * 
he said that the party offered the * 
only real choice. 

He recorded with rock 
called National Health and 
Cow, and with Carla Bley, 
covered songs by Elvis Costello 
(“Shipbuilding”), Peter Gabriel , 
(“Biko”). The Monkees (‘Tin a- 
Believer”) and the Golden Gate 
Quartet (“Stalin Wasn’t ■- Stal"- 
Jin’”). V- 

Covering other people’s mate- 
rial, he can reveal their hidden \ 
sides. His own material and the i 
way he presents it is reminiscent of-' 
die French chanson — of Brel or 
Jacques Debronckart, for example. 
There are unusual degrees of 
drama, the arrangements are es- 
sential and die delivery often adds 
to the meaning. 

In “Heeps of Sheeps" — writ- 
ten with his wife, Alfreda Benge, 
a painter, and arranged by Eno 
— counting sheep does not cure . 
his insomnia: “Still not sleeping / 

I realized my goose was 
cooked.” 

The opening lines of “Blues in 
Bob Minor” go: “Roger's in the 
archive looking up casement / 
Martha's in the government dig- 
ging up the basement” 

'Hie Wyatts live in a market town 
in Lincolnshire that is “meters 
deep in pesticide. To call it coun- 
tryside is stretching the language.” 
He bought a Pakistani pocket trum- 
pet in a pawnshop. 

He spends his sometimes; long 
days playing along with records by 
Don Cherry, Dave Brubeck, 
Charlie Haden, Lucky Thompson 
and Slim and Slam. 

"Wrong Movements," a scrap-* 
book biography, has been pub-' 
listed in Britain. Asked whether 
he’s satisfied with his new record 
album, he replies with a chuckle: . 
“I don't do re views.” 





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MOVIES 


PEOPLE 


2 Views of Tibet Are a Far Cry From Shangri-La 


By Rick Lyman 

A'w Yuri Times Service 


N EW YORK — From the time 
Ronald Colman stumbled into 
Shangri-La in the 1937 movie 
“Lost Horizon.” Tibet in its vari- 
ous Hollywood manifestations bas 
come to represent a kind of ultimate 
otherness, a golden-hued sanctuary 
teeming with a quiescent people too 
simple, too misting, too good for 
this world. 

For Colman *s character, a dis- 
illusioned British gentleman yearn- 
ing to escape a noisy and conflicted 
world, Shangri-La was a haven of 
peace, contemplation and unlimited 
reading time. 

More recently, in “The Golden 
Child” (1986). Eddie Murphy res- 
cued a Dalai Lama-like child monk 
from a band of demon kidnappers in 
a Tibet portrayed as a snowy, some- 
what comical place full of chanting 
and special effects. In "Little 
Buddha” (1993), Bernardo Berto- 
lucci told the improbable story of an 
American couple who willingly sur- 
render their child to monks who tell 
them that he is the latest manifest- 
ation of a Buddhist holy man. 

• Now, however, with two films 
about to be released about Tibet and its exiled leader, 
the 62-year-old Dalai Lama, Hollywood seems to be 
trying to clear away some of that golden fog. 

Both “Seven Years in Tibet,” directed by Jean- 
Jacques Annaud, and “Kundun.” directed by Martin 
Scorsese, aim to present an exotic but more realistic 
version of Tibet’s tragic recent histoiy. 

Both directors say they had no particular political 
motive in mind, but the release of these films is likely 
to focus popular attention on Tibet, coming at a time 
of growing international tension over China's be- 
havior toward a land it has controlled since 1949. 

Because of the political situation in Tibet, neither 
movie could be filmed there. Scorsese’s Tibet is 
actually the ragged peaks and arid plains of south- 
central Morocco; Annaud’s is the sharp valleys and 
icy peaks of the Argentine Andes and the Canadian 
Rockies. 

Both filmmakers employed numerous Tibetan 
religious and political leaders to insure historical 
accuracy and realism. And both said their goal in 
such attention to detail was not the thrill of the 



[■avid AppMif/Mandjli) Fxxxorf smmrtii 

Pitt left, with actor David Thewlis and director Annaud, right. 


exotic but the deeper feelings stirred by a sense of 
real life. 

One afternoon last month. Scorsese peered be- 
tween his outstretched hands as if they were an 
imaginary movie screen hanging in the air. 

“The idea,” he said, “is to make the story as 
human and as emotional as possible, right? So I 
thought the way to do that was to do it, as much as 
possible, through the eyes of the little boy. Very 
subjective.” 

“I wanted this to be a very human story," he 
said, “About real, recognizable people who jusr 
happen to live in Tibet" 

Annaud, too, said he felt a very clear obligation 
to cut through some of the earlier Hollywood 
images of Tibet 

"You know, I think for many people, Tibet is 
really a kind of fantasy land,” said Annaud, speak- 
ing from London, where he was putting together the 
final sound mix for his $65 million film. * ‘What we 
really tried to do was to recreate Tibet to bring it to 
life and to make it real.” 


Becky Johnston, who wrote the 
script for Annaud’s film, said her 
chief desire was to bring the country 
to life for a Western audience "and 
for it not to be a glossy, laminated 
version of Tibet" 

Melissa Mathison, who wrote the 
script for Scorsese's film, agreed. 

“I think part of the tragedy of 
Tibet is that it’s been Shangri-La,** 
she said. “Nobody believed it ex- 
isted in the first place, so its de- 
struction was the destruction of a 
fantasy.” 

In “Seven Years in Tibet,” Brad 
Pitt portrays an Austrian mountain 
climber who escapes from a British 
prisoner-of-war camp in India dur- 
ing World War D and makes his 
tortuous way over the mountains into 
Tibet, where he eventually befriends 
the young Dalai Lama. 

Based on a memoir by Heinrich 
Harrer, who became famous in the 
1930s as a member of the first team 
to conquer the north face of the Ei- 
ger, tills film chronicles the real-life 
redemption of the arrogant mountain 
climber through his relationship with 
the young spiritual leader. 

The film drew some unwanted 
publicity this year when it was re- 
vealed that Harrer had been a mem- 
ber of the Nazi Party when he went on his Tibetan 
expedition and a member of Hitler's SS — a fact 
that he had never revealed. Nevertheless, Annau d 
decided that his film did not need to be updated. 

“It was not what our movie was about,” Annaud 
said. “I had always suspected that — how shall I 
say — that Harrer had a sympathy or a connection 
with the Nazi movement." 

In the early scenes in “Seven Years in Tibet," 
Harrer is portrayed as a selfish, obnoxious char- 
acter who is only gradually humanized by his 
encounters with the Dalai Lama. ‘ ‘Our film is about 
guilt and redemption, so this latest issue does not 
really affect it.' ' Annaud said. 

Scorsese’s $28 million movie is less an adventure 
film than a contemplation of nonviolence through 
(he life of the Dalai Lama. The director said he had 
been attracted to making a movie about him because 
he wanted to explore the implications of the philo- 
sophy. “I felt 1 knew what a violent life was all 
about, after growing up in lower Manh attan/’ he 
>loi 


W ILL Michael Jackson 
celebrate his 40th birth- 
day next year in a Polish man- 
or? The president of the 
World Trade Center Warsaw, 
Jacques Tourel. told the 
newspaper Super Express 
that the Polish authorities 
were drawing up a list of 
small palaces and manors 
where the American superstar 
could blow out his 40 candles 
on Aug. 29. 1998. Jackson 
signed an initial deal in May 
to build a family entertain- 
ment park in Poland. 


□ 


The marriage of Prince 
Ernst of Hannover and his 
wife of 16 years. Princess 
Chantal. was. ended by a di- 
vorce judge in London on 
Wednesday. Judge Gerald 
Angel, who also ended the 
marriages of the Prince and 
Princess of Wales and the 
Duke and Duchess of York, 
granted Princess Chantal a di- 
vorce on the grounds of her 
husband's adultery with an 
unidentified woman. 


□ 


Betty DeGeneres, the 
mother of Ellen DeGeneres. 
is the new spokeswoman Hu- 
man Rights Campaign’s Na- 
tional Coming Ouf Project 
DeGeneres, 67, the first het- 
erosexual to hold the post, 
will make personal appear- 
ances and appear in television 
and print ads to encourage 
gay people to come out and be 
honest about their sexuality. 
Chastity Bono, Amanda 
Bearse and Candace Gin- 
grich served in the past. De- 
Genercs. who occasionally 
appears on her daughter's sit- 
com “Ellen," said she de- 
cided to take on the project 
after the positive response to 
her daughter's coming out. 



MOSCOW MAGIC — David Copperfield sporting. a 
Russian hat and balalaika during a visit to Moscow. 


□ 


his daredevil father's foot- 
steps. but that hasn't stopped 
him. The son of Evel Knievel 
went to the Kansas Slate Fair 
to jump 20 trucks on his mo- 
torcycle, about half as many 
as his father did in the 1970s. 
Robbie, 35, known as 
Kaptain Knievel, has chronic 
back pain from crashes and 
has missed about six of his last 
15 jumps. "Every time I look 
at that ramp I say to myself. 
‘You idiot, what are you doing 
this for?”’ he said. “But then 
the crowd gets you going." 

□ 

Indigo Girls 


said. "I wanted to explore the other side.” 


Robbie Knievel may have 
his doubts about following in 


The Indigo Girls have 
more than music on their 
minds on their 21 -stop "Hon- 
or the Earth” concert tour. 


Amy Ray and Emily Saiiers 
see the shows as an oppor- 
tunity to spread the word 
about environmental prob- 
lems on American Indian re- 
servations. "We’re here to 
play music, but we’re here to 
use the music as a tool for 
change.” Saiiers said after 
the band gave a free concert 
on the Sl Regis Mohawk Re- 
servation north of Buffalo, 
New York. “We’re fighting 
battles that have to do with 
environmental racism,” said 
Ray, criticizing companies 
for locating dump sites near 
Indian lands . The band earned 
a Grammy for their 1989 al- 
bum “Indigo Girls.” best 
known for Lhe hit single and 
video * * Closer to Fine. ’’ 


‘ :i dtvt*rs 


* 



Every country has its own AT&T Access Number which 
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I JiM dial lhe ffl'&T Access Number 
for the a«inay jou ore calling from, 

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3 Dial the calling card number Itsted 
abuw vourname 


EUROPE 

Austria «0 . 

022-903-011 

Belgium* . . 

.. 0-890-188-10 

France 

0-880-99-0811 

Germany 

013HWI8 

Greece* . . 

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Irelando ... 

1-808-550-8W 

Italy* 

172-1B11 

Nettterlaods* . ... 

0600-022-9111 

Russia* Moscow)* 

75HM2 

Spain 

900-99-00-11 

Sweden 

....020-795-511 

Switzerland* . . 

0800-69-0011 

United Kingdom * . 

0500-89-0811 


8800-80-0011 

MIDDLE EAST 

ngypi*tcairo)t . . .. 

. .. 510-8208 

Israel 

177-188-2727 

Sawn Arabia* . 

1-8W-M 

AFRICA 

oran 

moi 

Sortii Africa 

0-888-99-0123 


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