1
 UNITED AIR'S PARENT quashed any prospects for an immediate revival of the labor-management buy-out,
5047
span

2
 saying 
3
attribution

3
UAL should remain independent for now.
5001
span

4
 Also, UAL Chairman Stephen Wolf pulled out of the buy-out effort
5003
span

5
 to focus on running the company.
4
purpose

6
 The two developments leave the airline with several problems,
5005
span

7
 including an unsettled labor situation.
6
elaboration-set-member-e

8
 Stock prices fell
5007
List

9
 and bonds rose 
5007
List

10
as worries mounted about the economy and the junk bond market.
5007
explanation-argumentative

11
 The Dow Jones industrials sank 26.23 points, to 2662.91.
5008
consequence-s

12
 The dollar also declined.
5009
consequence-s

13
 The turmoil in junk bonds may last for years,
5011
span

14
 investors and traders say.
13
attribution

15
 Even Drexel is pulling back.
5012
elaboration-additional

16
 Santa Fe Pacific plans to sell 20% of its large real estate unit to a California pension fund for $400 million
5014
List

17
 and spin the rest off to shareholders.
5014
List

18
 The proposal values the company's real estate operation at $2 billion.
5014
elaboration-additional

19
 Time Warner reported a $176 million loss for the third quarter,
5016
span

20
 reflecting the cost of the recent merger and a method of accounting for the deal.
19
elaboration-additional-e

21
 Thrifts continued to shed assets in August,
5048
span

22
 mainly to comply with stiffer capital rules under the S&L bailout law.
21
purpose

23
 Also, withdrawals exceeded deposits by $5.1 billion in the month.
5048
elaboration-additional

24
 Exxon's profit fell 9% in the third quarter,
5019
span

25
 hurt by sagging results at two of its three main businesses.
24
elaboration-additional

26
 Phillips and Arco posted declines.
5020
List

27
 Ashland had a loss.
5020
List

28
 Amerada Hess and Occidental Petroleum had gains.
5020
List

29
 Ogilvy's chairman, Kenneth Roman, is leaving
5021
span

30
 to take a top post at American Express.
29
purpose

31
 His resignation follows a hostile takeover of the ad agency in May by WPP of Britain.
5021
circumstance

32
 The Justice Department took steps
5023
span

33
 that could restrict the use by prosecutors of criminal racketeering charges against white-collar defendants.
32
elaboration-object-attribute-e

34
 Shearson was sued by money manager George Soros,
5025
span

35
 who claimed
36
attribution

36
 one of his funds was defrauded out of $60 million during stock-index futures trading just after the 1987 crash.
5024
span

37
 Drexel's efforts 
5026
span

38
to settle its legal troubles
37
elaboration-object-attribute-e

39
 are being resisted by at least 10 states.
5029
span

40
 Some may try to revoke the firm's license 
5028
span

41
to sell securities.
40
elaboration-object-attribute-e

42
 Prime Computer plans to dismiss 20% of its work force
5030
span

43
 to cut costs
42
purpose

44
 following its recent leveraged buy-out.
5030
circumstance

45
 The action renews concern about buyouts in high-tech industries.
5031
elaboration-additional

46
 Paribas plans a bid for another big French financial and industrial firm, Navigation Mixte, a sign
5033
span

47
 Europe's takeover fever hasn't cooled.
46
elaboration-object-attribute-e

48
 Qintex Australia unveiled plans
5035
span

49
 to restructure 
5034
List

50
and sell assets
5034
List

51
 to try to ease its financial problems.
5035
purpose

52
 Union Carbide's earnings plunged 35% in the third quarter,
5037
span

53
 reflecting weakness in the company's core chemicals and plastics businesses.
52
elaboration-object-attribute-e

54
 Japan's Daiwa Securities named Masahiro Dozen president.
5038
span

55
 The rapid advance of the 52-year-old executive surprised many at the company.
54
elaboration-additional

56
 Markets -- 
5045
TextualOrganization
SectionTitle
57
 Stocks:
5049
span

58
 Volume 135,860,000 shares.
5039
List

59
 Dow Jones industrials 2662.91, off 26.23; transportation 1236.66, up 5.86; utilities 215.35, off 0.13.
5039
List

60
 Bonds:
5050
span

61
 Shearson Lehman Hutton Treasury index 3411.08, up 
60
elaboration-general-specific

62
 Commodities:
5051
span

63
 Dow Jones futures index 129.49, off 0.13; spot index 131.64, up 0.30.
62
elaboration-general-specific

64
 Dollar:
5052
span

65
 141.90 yen, off 0.53; 1.8470 marks, off 0.0108.
64
elaboration-general-specific

5001
span
1
elaboration-additional

5002
span



5003
span
5004
List

5004
multinuc
5006
span

5005
span
5004
elaboration-additional

5006
span
5046
Topic-Shift

5007
multinuc
5008
span

5008
span
5009
span

5009
span
5010
span

5010
span
5012
span

5011
span
5010
hypothetical

5012
span
5013
span

5013
span
5046
Topic-Shift

5014
multinuc
5015
span

5015
span
5046
Topic-Shift

5016
span
5046
Topic-Shift

5017
span



5018
span
5046
Topic-Shift

5019
span
5020
List

5020
multinuc
5046
Topic-Shift

5021
span
5022
span

5022
span
5046
Topic-Shift

5023
span
5046
Topic-Shift

5024
span
34
elaboration-object-attribute-e

5025
span
5046
Topic-Shift

5026
span
5027
Same-Unit

5027
multinuc
5046
Topic-Shift

5028
span
39
elaboration-additional-e

5029
span
5027
Same-Unit

5030
span
5031
span

5031
span
5032
span

5032
span
5046
Topic-Shift

5033
span
5046
Topic-Shift

5034
multinuc
48
elaboration-object-attribute-e

5035
span
5036
span

5036
span
5046
Topic-Shift

5037
span
5046
Topic-Shift

5038
span
5046
Topic-Shift

5039
multinuc
57
elaboration-general-specific

5040
span



5041
span



5042
span



5043
span



5044
multinuc
5045
TextualOrganization
SectionText
5045
multinuc
5046
Topic-Shift

5046
multinuc



5047
span
5004
List

5048
span
5018
span

5049
span
5044
List

5050
span
5044
List

5051
span
5044
List

5052
span
5044
List

