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At the end of the day , 251.2 million shares were traded .

The Dow Jones industrials closed at 2569.26 .

The Dow fell 22.6 % on Black Monday .

The market crumbled .

These stocks eventually reopened .

Traders said most of their major institutional investors , on the other hand , sat tight .

Under an agreement signed by the Big Board and the Chicago Mercantile Exchange , trading was temporarily halted in Chicago .

Futures traders say the S&P was signaling that the Dow could fall as much as 200 points .

During this time , small investors began ringing their brokers , wondering whether another crash had begun .

And I think a lot of people will harp on program trading .

Stock-index futures contracts settled at much lower prices than indexes of the stock market itself .

The $ 409 million bid includes the assumption of an estimated $ 300 million in secured liabilities on those properties , according to those making the bid .

The group is led by Jay Shidler , chief executive officer of Shidler Investment Corp. in Honolulu , and A. Boyd Simpson , chief executive of the Atlanta-based Simpson Organization Inc .

Its parent company , Hooker Corp. of Sydney , Australia , is currently being managed by a court-appointed provisional liquidator .

Sanford Sigoloff , chief executive of L.J. Hooker , said yesterday in a statement that he has not yet seen the bid but that he would review it and bring it to the attention of the creditors committee .

The $ 409 million bid is estimated by Mr. Simpson as representing 75 % of the value of all Hooker real-estate holdings in the U.S. .

The offer covers the massive 1.8 million-square-foot Forest Fair Mall in Cincinnati , the 800,000 square-foot Richland Fashion Mall in Columbia , S.C. , and the 700,000 square-foot Thornton Town Center mall in Thornton , Colo .

Mr. Herscu proceeded to launch an ambitious , but ill-fated , $ 1 billion acquisition binge that included Bonwit Teller and B. Altman & Co. , as well as majority positions in Merksamer Jewelers , a Sacramento chain ; Sakowitz Inc. , the Houston-based retailer , and Parisian Inc. , the Southeast department-store chain .

The bills will be dated Oct. 26 and will mature Oct. 25 , 1990 .

The Boston firm said stock-fund redemptions were running at less than one-third the level two years ago .

The test may come today .

Stock-fund sales have rebounded in recent months , but monthly net purchases are still running at less than half 1987 levels .

Fidelity on Saturday opened its 54 walk-in investor centers across the country .

The Baltimore-based group noted that some investors moved money from stock funds to money-market funds .

The maker of scientific instruments and laser parts said orders fell below expectations in recent months .

At this point , no other America West flights -- including its new service at San Antonio , Texas ; Newark , N.J. ; and Palmdale , Calif. -- have been affected by the delays in Boeing deliveries .

Southwest Airlines has a Boeing 737-300 set for delivery at the end of this month and expects to have the plane on time .

The accord expired yesterday .

Martinair Holland is based in Amsterdam .

Atco Ltd. said its utilities arm is considering building new electric power plants , some valued at more than one billion Canadian dollars ( US$ 851 million ) , in Great Britain and elsewhere .

PSE Inc. said it expects to report third earnings of $ 1.3 million to $ 1.7 million , or 14 cents to 18 cents a share .

The company said the improvement is related to additional cogeneration facilities that have been put into operation .

Kaufman & Broad , a home building company , declined to identify the institutional investors .

The company outpaced much of the chemical industry as annual profit grew fivefold in two years .

The stock , having lost nearly a quarter of its value since Sept. 1 , closed at $ 34.375 share , down $ 1.125 , in New York Stock Exchange composite trading Friday .

In the U.S. polyethylene market , Quantum has claimed the largest share , about 20 % .

Now producers hope prices have hit bottom .

Some say November .

Some viewed his response -- that company directors review the dividend regularly -- as nothing more than the standard line from executives .

Then a second explosion occurred .

Two workers died and six remain in the hospital .

Quantum is also tightening its grip on its one large business outside chemicals , propane marketing .

The largest , Suburban Propane , was already owned by Quantum .

Some analysts speculate the weakening stock may yet attract a suitor .

The spokesman said RJR is discussing its network-buying plans with its two main advertising firms , FCB\/Leber Katz and McCann Erickson .

That increase rises to slightly more than 2 % of the U.S. market if a joint Korean-U.S. steel project is included .

Meanwhile , Brazil is expected to increase its allowance from the 1.43 % share it has had in recent years .

Japan , however , has agreed to cut its quota to about 5 % from 5.9 % previously .

The balance is supplied by a host of smaller exporters , such as Australia and Venezuela .

Revenue totaled $ 5 million .

The move stems from lessons learned in Japan where local competitors have had phenomenal success with concentrated soapsuds .

A P&G spokeswoman confirmed that shipments to Phoenix started late last month .

Others said the Bush administration may feel the rhetoric on both sides is getting out of hand .

I will not enter into an agreement that stipulates to a percentage of the market .

In the year ended June 30 , 1988 , Traditional reported net income of $ 4.9 million , or $ 1.21 a share .

It has plunged 13 % since July to around 26 cents a pound .

A year ago ethylene sold for 33 cents , peaking at about 34 cents last December .

The excess supply pushed gasoline prices down in that period .

During the 1988 second half , many companies posted record gasoline and chemical profits .

The main reason remains weather .

A State Department spokesman acknowledged that the U.S. is discussing the allegations with the Italian government and Cocom , but declined to confirm any details .

Italian President Francesco Cossiga promised a quick investigation into whether Olivetti broke Cocom rules .

The move closely follows a similar offer by Salomon of warrants for shares of Hongkong & Shanghai Banking Corp .

Under the latest offer , HK$ 62.5 million ( US$ 8 million ) of three-year warrants will be issued in London , each giving buyers the right to buy one Hong Kong Telecommunications share at a price to be determined Friday .

The 50 million warrants will be priced at HK$ 1.25 each and are expected to carry a premium to the share price of about 26 % .

In trading on the Stock Exchange of Hong Kong , the shares closed Wednesday at HK$ 4.80 each .

In addition to $ 33 million compensatory damages , the suit seeks $ 100 million in punitive damages .

Financial Corp. said it agreed to buy the bonds after a representative of Ivan F. Boesky Corp. visited it in November 1983 and said Financial Corp. could improve its financial condition by purchasing the bonds .

Shortly before the visit , Mr. Boesky and Drexel representives had met with Financial Corp. officials and had signed a letter of intent to acquire the 51 % stake in the company .

However , the agreement was canceled in June 1984 .

HOFI , the North American holding company of Swiss concern Holderbank Financiere Glaris Ltd. , previously proposed combining its 100 % stake in St. Lawrence Cement Inc. and its 60 % stake in Dundee Cement Co. with its 67 % stake in Ideal .

Under the agreement , HOFI will own 87.2 % of the combined company .

Ideal said it expects to complete the transaction early next year .

Ferruzzi has denied it was trying to manipulate the soybean futures market .

That figure climbs to about 47 % in wheat-growing portions of Kansas , he said .

Looking ahead to other commodity markets this week :

The price cut , one analyst said , appeared to be aimed even more at Europe , where consumption of Brazilian juice has fallen .

On the New York Mercantile Exchange , West Texas Intermediate crude for November delivery finished at $ 20.89 a barrel , up 42 cents on the day .

He predicted that the November contract will reach $ 21.50 a barrel or more on the New York Mercantile Exchange .

Analysts generally cite a lack of bearish developments as well as rumors of a possible tightening of supplies of some fuels and crudes .

Many traders foresee a tightening of near-term supplies , particularly of high-quality crudes such as those produced in the North Sea and in Nigeria .

Executives at Backer Spielvogel client Avis Inc. , as well as at Saatchi client Philips Lighting Co. , also said they saw no effect .

Executives at Prudential-Bache Securities Inc. , a Backer Spielvogel client that is reviewing its account , declined comment .

The account was previously handled by Davis , Ball & Colombatto Advertising Inc. , a Los Angeles agency .

Royal Crown Cola Co. has ended its relationship with the Boston office of Hill , Holliday , Connors , Cosmopulos .

The government has charged that they bribed Jamaican officials to win the Jamaica Tourist Board ad account in 1981 .

Citing a payment from a supplier and strong sales of certain data-storage products , Maxtor Corp. said earnings and revenue jumped in its second quarter ended Sept. 24 .

Revenue soared to $ 117 million from $ 81.5 million .

Maxtor said effects from discontinuing the line may have a positive effect on future earnings and revenue .

Revenue rose to $ 225.5 million from $ 161.8 million .

He retired as senior vice president , finance and administration , and chief financial officer of the company Oct. 1 .

Alan Seelenfreund , 52 years old , was named chairman of this processor of prescription claims , succeeding Thomas W. Field Jr. , 55 , who resigned last month .

In its lawsuit , Pharmacia is seeking unspecified damages and a preliminary injunction to block MedChem from selling the AMVISC products .

For instance , Gannett Co. posted an 11 % gain in net income , as total ad pages dropped at USA Today , but advertising revenue rose because of a higher circulation rate base and increased rates .

Revenue gained 6 % to $ 2.55 billion from $ 2.4 billion .

At Dow Jones & Co. , third-quarter net income fell 9.9 % from the year-earlier period .

The year-earlier period included a one-time gain of $ 3.5 million , or four cents a share .

Revenue gained 5.3 % to $ 404.1 million from $ 383.8 million .

Ad linage at the Journal fell 6.1 % in the third quarter .

According to analysts , profits were also helped by successful cost-cutting measures at Newsweek .

The news-weekly has faced heightened competition from rival Time magazine and a relatively flat magazine advertising market .

Robert White , Canadian Auto Workers union president , used the impending Scarborough shutdown to criticize the U.S.-Canada free trade agreement and its champion , Prime Minister Brian Mulroney .

GM is studying whether it can build the new Camaro-Firebird profitably at a plant in St. Therese , Quebec , company and union officials said .

Canadian investment rules require that big foreign takeovers meet that standard .

Investment Canada declined to comment on the reasons for the government decision .

The university is considering a settlement proposal made by Connaught .

French state-owned Rhone-Poulenc S.A. holds 51 % of Merieux .

The exchange ratio was never established .

Weatherford said market conditions led to the cancellation of the planned exchange .

The energy-services concern said , however , that in January 1990 , it may resume payments of dividends on the preferred stock .

Weatherford currently has approximately 11.1 million common shares outstanding .

Analysts said that Merck & Co. , Eli Lilly & Co. , Warner-Lambert Co. and the Squibb Corp. unit of Bristol-Myers Squibb Co. all benefited from strong sales of relatively new , higher-priced medicines that provide wide profit margins .

In the third quarter of 1988 , Merck earned $ 311.8 million , or 79 cents a share .

In Indianapolis , Lilly declined comment .

The company is praised by analysts for sharply lowering its costs in recent years and shedding numerous companies with low profit margins .

The company was officially merged with Bristol-Myers Co. earlier this month .

Bristol-Myers declined to comment .

In the third quarter last year , Pfizer earned $ 216.8 million , or $ 1.29 a share .

In New York , the company declined comment .

The database software company said it expects a $ 2 million net loss for the fiscal first quarter ended Sept. 30 .

It said analysts had been expecting a small profit for the period .

Relational Technology reported net income of $ 1.5 million , or 12 cents a share , in the year-earlier period .

Mr. Newton said he accepted the resignation of Thomas Wilson , vice president of corporate sales , and that his marketing responsibilities have been reassigned .

Relational Technology went public in May 1988 at $ 14 a share .

The Bronx has a wonderful botanical garden , a great zoo , its own charming Little Italy ( on Arthur Avenue ) and , of course , the Yankees .

Ms. Cunningham , a novelist and playwright , has a vivid and dramatically outsized sense of recall .

Of course , established corporate managements often tend to applaud the setbacks of stock speculators and takeover artists .

And , in some neighborhoods , rents have merely hit a plateau .

By contrast , rentals in the best retail locations in Boston , San Francisco and Chicago rarely top $ 100 a square foot .

It will continue to trade on the International Stock Exchange , London .

The American Stock Exchange listed shares of two companies .

The National Market System of the Nasdaq over-the-counter market listed shares of one company .

Employee Benefit Plans Inc. , a Minneapolis health-care services company , was listed with the symbol EBPI .

Justices Brennan and Stevens appear philosophical about it ; Justices Marshall and Blackmun appear fighting mad .

Friends and associates who saw Justice Blackmun during the summer said he was no more discouraged about the court than in recent years .

The government sold the deposits of four savings-and-loan institutions , in its first wave of sales of big , sick thrifts , but low bids prevented the sale of a fifth .

A Canadian bank bought another thrift , in the first RTC transaction with a foreign bank .

Under these deals , the RTC sells just the deposits and the healthy assets .

In these four , for instance , the RTC is stuck with $ 4.51 billion in bad assets .

After that , the buyers may repudiate the rates paid by the former thrifts .

NCNB Texas National Bank will pay the RTC a premium of $ 129 million for $ 3.5 billion in deposits .

NCNB will pay the RTC a premium of $ 40.4 million for $ 1.1 billion in deposits .

Meridian will pay a premium of $ 30.5 million to assume $ 2 billion in deposits .

Royal Trustco will pay the RTC $ 25 million to assume $ 989 million in deposits .

It will also purchase $ 473 million in assets , and receive $ 550 million in assistance from the RTC .

The following issues were recently filed with the Securities and Exchange Commission :

Both magazines are expected to announce their ad rates and circulation levels for 1990 within a month .

To distinguish itself , CNN is also expanding international coverage and adding a second global-news program .

Until now , CNN has featured its Hollywood gossip show during the key evening period .

In August , the network hired award-winning producer Pamela Hill , the former head of news specials at ABC .

Valley Federal , with assets of $ 3.3 billion , is based in Van Nuys .

In the first six months of the year it posted a net loss of $ 33.1 million .

Most of those freed had spent at least 25 years in prison .

Mandela , considered the most prominent leader of the ANC , remains in prison .

He reiterated his opposition to such funding , but expressed hope of a compromise .

The Justice Department announced that the FBI has been given the authority to seize U.S. fugitives overseas without the permission of foreign governments .

The device was replaced .

He made his remarks to a PLO gathering in Baghdad .

But economists were divided over the extent of the inflation threat signaled by the new numbers .

All year , energy prices have skewed the producer price index , which measures changes in the prices producers receive for goods .

Energy prices then plummeted through the summer , causing the index to decline for three consecutive months .

Overall , the index has climbed at a 5.1 % compound annual rate since the start of the year , the Labor Department said .

Prices for capital equipment rose a hefty 1.1 % in September , while prices for home electronic equipment fell 1.1 % .

Food prices declined 0.6 % , after climbing 0.3 % in August .

Meanwhile , the retail sales report showed that car sales rose 0.8 % in September to $ 32.82 billion .

Sales at general merchandise stores rose 1.7 % after declining 0.6 % in August , while sales of building materials fell 1.8 % after rising 1.7 % .

Producer prices for intermediate goods grew 0.4 % in September , after dropping for three consecutive months .

In the year-earlier period , CityFed had net income of $ 485,000 , but no per-share earnings .

He said nonperforming assets rose to slightly more than $ 700 million from $ 516 million between June and September .

Approximately 85 % of the total consisted of nonperforming commercial real estate assets .

City Federal operates 105 banking offices in New Jersey and Florida .

That action , CityFed said , will result in a charge against third-quarter results of approximately $ 30 million .

All these actions , Mr. Atherton said , will result in a loss of $ 125 million to $ 150 million for the third quarter .

Since April , it has pared its high-yield bond holdings to about $ 890 million from $ 1.35 billion .

In American Stock Exchange composite trading Friday , CenTrust common shares closed at $ 3 , down 12.5 cents .

In the third quarter , for instance , CenTrust added $ 22.5 million to its general reserves .

The woman won the bet .

So far , the French have failed to win enough broad-based support to prevail .

European programs usually target only their own local audience , and often only a small portion of that .

European drama has had better , though still mixed , fortunes .

The most popular such shows focus on narrow national concerns .

Until recently , national governments in Europe controlled most of the air time and allowed little or no advertising .

Now , however , commercial channels are coming to most European countries , and at the same time , satellite and cable technology is spreading rapidly .

Lisa Grishaw-Mueller in Bonn , Laura Colby in Milan , Tim Carrington in London and Carlta Vitzhum in Madrid contributed to this article .

The companies hope for a final agreement by year-end .

Just last week they announced they may make a joint bid to buy Ferranti International Signal PLC , a smaller British defense contractor rocked by alleged accounting fraud at a U.S. unit .

But neither Matra nor GEC -- unrelated to Stamford , Conn.-based General Electric Co. -- are sitting quietly by as their competitors join forces .

The system currently has a capacity of 1.55 million barrels a day .

Inland Steel Industries Inc. expects to report that third-quarter earnings dropped more than 50 % from the previous quarter as a result of reduced sales volume and increased costs .

At the same time , the integrated-steel business was hurt by continued increases in materials costs and repair and maintenance expenses , as well as higher labor costs under its new contract .

The service-center business was hurt by reduced margins and start-up costs associated with its Joseph T. Ryerson & Son unit .

Inland said its third-quarter results will be announced later this week .

International Business Machines Corp. also is expected to report disappointing results .

Another contradictory message comes from Businessland Inc. , a computer retailer .

The company said it expects earnings of 14 to 17 cents a share , down from 25 cents a share in the year-earlier period .

The program is aimed at improving the quality of printed material .

On the other hand , the battle of the bus is expected to grow increasingly irrelevant .

The gap between winners and laggards will grow .

In personal computers , Apple , Compaq and IBM are expected to tighten their hold on their business .

At the same time , second-tier firms will continue to lose ground .

Wyse Technology , for instance , is considered a candidate to sell its troubled operation .

But they will have to act quickly .

IOWA IS MAKING a comeback .

Iowa , for instance , saw its population grow by 11,000 people , or 0.4 % , between 1987 and 1988 , the Census Bureau says .

The Northeast has been holding its own in the population race .

And although Pennsylvania and Massachusetts suffered slight declines earlier in the decade , they are growing again .

At the same time , several states in the South and West have had their own population turnaround .

That share has remained at about 24 % since 1970 .

The likelihood of living alone beyond the age of 75 has increased to 40 % from 32 % .

MANY AFFLUENT people place personal success and money above family .

Unlike most studies of the affluent market , this survey excluded the super-rich .

Although they represent only 2 % of the population , they control nearly one-third of discretionary income .

The share of minorities in those positions has risen to 16 % from 12 % ... .

Per-capita personal income in the U.S. grew faster than inflation last year , according to the Bureau of Economic Analysis .

Per capita personal income ranged from $ 11,116 in Mississippi to $ 23,059 in Connecticut ... .

Now comes the pool flap .

Of course , Mr. Mason did not use neutral language .

Sound familiar ?

James Robinson , 57 years old , was elected president and chief executive officer of this maker of magnetic recording heads for disk drives .

The former president and chief executive , Eric W. Markrud , resigned in June .

In addition , the companion deficit-reduction bill already passed by the House includes a capital-gains provision .

Opponents of the cut are playing hardball .

Such legislation must be enacted by the end of the month .

The House appears reluctant to join the senators .

These include a child-care initiative and extensions of soon-to-expire tax breaks for low-income housing and research-and-development expenditures .

Mr. Bentsen said he hopes the Senate will consider that measure soon .

Sen. Dole said that the move required sacrifice by every senator .

It also drops a provision that would have permitted corporations to use excess pension funds to pay health benefits for current retirees .

The deficit reduction bill contains $ 5.3 billion in tax increases in fiscal 1990 , and $ 26 billion over five years .

The revenue-raising provisions , which affect mostly corporations , would :

-- Raise $ 851 million by suspending for one year an automatic reduction in airport and airway taxes .

-- Withhold income taxes from the paychecks of certain farm workers currently exempt from withholding .

The measure also includes spending cuts and increases in federal fees .

-- Reduction of Medicare spending in fiscal 1990 by some $ 2.8 billion , in part by curbing increases in reimbursements to physicians .

-- Increases in Nuclear Regulatory Commission fees totaling $ 54 million .

John E. Yang contributed to this article .

Are you kidding ?

Your paper needs a serious reality check .

In 1987 , such selling contributed to a snowball effect .

Over the next several months , though , he says things look bad .

Unlike 1987 , interest rates have been falling this year .

Many people now claim to have predicted the 1987 crash .

He sandwiched his praise of constitutional meat between large loaves of bilious commentary .

it defended appropriate constitutional safeguards and practical common sense .

He may take the Fifth in a civil matter only if he has a good faith and justifiable belief that his testimony may subject him to criminal prosecution .

Drawing the adverse inference in a noncriminal congressional hearing does not offend the Fifth Amendment shield against self-incrimination .

Robert Kolb and Ricardo Rodriguez , professors of finance at the University of Miami , found evidence that the market is spooked by Friday the 13th .

reminiscent of those during the 1987 crash -- that as stock prices plummeted and trading activity escalated , some phone calls to market makers in over-the-counter stocks went unanswered .

Ten points of the drop occurred during the last 45 minutes of trading .

Most of the complaints about unanswered phone calls came from regional brokers rather than individual investors .

Tony Cecin , head of equity trading at Piper , Jaffray & Hopwood in Minneapolis , said that Piper Jaffray actually made money on Friday .

In the past , the OTC market thrived on a firm base of small-investor participation .

Mr. Cecin of Piper Jaffray says some action from government policy makers would allay investor fears .

The Nasdaq 100 Index of the largest nonfinancial issues , including the big OTC technology issues , tumbled 4.2 % , or 19.76 , to 449.33 .

The Nasdaq Financial Index of giant insurance and banking stocks dropped 2 % , or 9.31 , to 462.98 .

The OTC market has only a handful of takeover-related stocks .

McCaw lost 8 % , or 3 1\/2 , to 40 .

LIN Broadcasting , dropped 5 1\/2 , or 5 % , to 107 1\/2 .

The issues of companies with ties to the junk bond market also tumbled Friday .

Reserves traded among commercial banks for overnight use in amounts of $ 1 million or more .

COMMERCIAL PAPER placed directly by General Motors Acceptance Corp. :

High-grade unsecured notes sold through dealers by major corporations in multiples of $ 1,000 :

LONDON INTERBANK OFFERED RATES ( LIBOR ) :

Posted yields on 30-year mortgage commitments for delivery within 30 days .

9.91 % , standard conventional fixedrate mortgages ; 7.875 % , 2 % rate capped one-year adjustable rate mortgages .

9.86 % , standard conventional fixed-rate mortgages ; 8.85 % , 6\/2 rate capped one-year adjustable rate mortgages .

He expects to invest the rest if the market weakens further .

Other money managers also opened their wallets .

He said he discerns many parallels with 1987 , including the emphasis on takeover stocks and the re-emergence of computerized program trading .

All that now has changed .

Bolar , of Copiague , N.Y. , earlier began a voluntary recall of both its 100 milligram and 50 milligram versions of the drug .

Should the courts uphold the validity of this type of defense , ASKO will then ask the court to overturn such a vote-diluting maneuver recently deployed by Koninklijke Ahold NV .

It was previously thought ASKO held a 13.6 % stake that was accumulated since July .

A few hours later , the stock market dropped 190 points .

Consider this :

-- For the last two weeks , the Bush administration and the Federal Reserve have been engaged in a semi-public battle over international economic policy .

Last month , Transportation Secretary Sam Skinner forced Northwest Airlines to reduce a stake held by KLM Royal Dutch Airlines .

Senate Republicans expressed the hope that the House would follow the lead of the Senate , which on Friday agreed to drop a variety of spending measures and tax breaks that would have increased the fiscal 1990 deficit .

Two-year notes , refinancing about $ 9.6 billion in maturing debt .

The crowded field for notebook-sized computers is about to become a lot more crowded .

Some critics , however , say its ability to run commonplace programs is restricted by a limited memory .

Consider the growth of portables , which now comprise 12 % of all personal computer sales .

It also has precluded use of the faster , more powerful microprocessors found in increasing numbers of desktop machines .

The competitive sniping can get pretty petty at times .

General Dynamics Corp. received a $ 29 million Air Force contract for electronic-warfare training sets .

Avco Corp. received an $ 11.8 million Army contract for helicopter engines .

The wholesale price index stood at 90.1 , compared with a 1985 base of 100 .

Other major issues hitting highs included American Telephone & Telegraph Co. , Westinghouse Electric Corp. , Exxon Corp. and Cigna Corp. , the big insurer .

Of course , many more issues -- 93 -- hit new lows .

IBM closed at $ 102 , down $ 5.625 .

Jaguar , the London Stock Exchange and the U.S. Securities and Exchange Commission are being notified of the transactions , the company said .

General Motors Corp. said it had discussed the possibility of a joint venture with Jaguar before Ford began buying shares .

GM said it still is talking with Jaguar about acquiring a minority interest .

In October 1987 , these margin calls were thought to have contributed to the downward spiral of the stock market .

At the time , Hertz said its annual fees to those airlines amounted to $ 20 million and that the value of redeemed awards topped $ 15 million .

Tandem said it expects to report revenue of about $ 450 million and earnings of 35 cents to 40 cents a share .

In the year-earlier period , Tandem reported net income of $ 30.1 million , or 31 cents a share , on revenue of $ 383.9 million .

Tandem expects to report the full results for the quarter next week .

Analysts have predicted that the Cupertino , Calif. , company will report revenue of $ 430 million to $ 460 million and earnings of 35 cents to 40 cents a share .

This may sound strangely optimistic .

The doomsayers had a receptive audience .

Though Dow has aggressively diversified into specialty chemicals and pharmaceuticals , the company still has a big stake in polyethylene , which is used in packaging and housewares .

A Dow spokeswoman declined to comment on the estimates .

First Boston Corp. projects that 10 of the 15 companies it follows will report lower profit .

Most of the 10 have big commodity-chemical operations .

Du Pont Co. is thought to have had steady profit growth in white pigments , fibers and polymers .

Du Pont declined to comment .

The St. Louis-based company is expected to report again that losses in its G.D. Searle & Co. pharmaceutical business are narrowing .

A year ago , the company posted third-quarter profit of $ 116 million , or $ 1.67 a share , on sales of $ 2.02 billion .

Monsanto declined to comment .

But the commodity-chemical producers are caught on the downside of a pricing cycle .

In the latest quarter , at least , profit is expected to fall sharply .

But the estimates range from break-even to 35 cents a share .

Himont , Quantum and Union Carbide all declined to comment .

$ 300 million of Remic mortgage securities offered by Citicorp Securities Markets Inc .

The offering , Series 101 , is backed by Freddie Mac 9 1\/2 % securities .

The collateral is being sold by a thrift institution .

The interest-only securities will be sold separately by BT Securities .

The interest-only securities were priced at 35 1\/2 to yield 10.72 % .

Scotty accepted the decision with indifference and did not enter the arguments .

He looked at his son , his face worried .

He had eaten almost nothing on the crested , three-sectioned plate and had drunk about half the milk in its paper container .

He felt tired and full and calm .

He had not mentioned Kate .

Rachel mentioned Kate .

He thought about it briefly , then deliberately turned the talk to something else .

Scotty said the same words more loudly .

She did not touch him .

He did not speak .

He had no desire to .

He had noticed how formal and irritably exact Rachel had grown .

He felt her irritability did not concern him , yet he knew he would not care even if it did .

He shook his head .

She wants to pay you a visit .

She says the children miss you .

She was frowning .

She seemed to speak to herself .

His father would come upstairs and stand self-consciously at the foot of the bed and look at his son .

The beaming ROK was carrying a thirty-caliber machine gun ; ; another man lugged the tripod and a box of ammunition .

Otherwise , we hold a reception .

But theirs defied the detectors .

Booby traps to fill the head with chunks of metal .

The warped , broken trees in the valley assumed wraith-like shapes .

The others likewise had hidden themselves in the grass and the brush .

With leather cups fitted in his handlebars , he steered his bicycle .

He and Warren had traveled together for four days .

Within two weeks Warren was ringing the bell at the abbey gate .

Mickie sat over his second whisky-on-the-rocks in a little bar next to the funeral parlor on Pennsylvania Avenue .

This meant sorting out press clippings and the like .

Mickie laughed .

Poverty imposes a kind of chastity on the ambitious .

Lawrence was waiting for Bill Boxell .

Lawrence stared a minute at the lighted ribbon of traffic , hoping that a clue to his dislike of the Vice President would appear .

A half hour later the Vice President arrived .

They had brandy in the library .