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To: IceShark who wrote (6908)	9/24/1998 9:25:00 AM
From: eddie r gammon	Read Replies (2) \| Respond to of 86076

Yeah and the thing that I find interesting is how hard the NY Fed was pushing this. When you look at the companies that have supplied funds and gotten seats on the company then it becomes clearer. SG ML TRV etc. They had big hickeys in that fund and the choice was to add 3.5B or let the sucker die then they be in deep do do. erg

To: IceShark who wrote (6908)	9/24/1998 10:36:00 AM
From: yard_man	Respond to of 86076

Fleck thinks he lowers for sure. Wonder if he read the speech or just looked at the spin-meisters. U.S. help-wanted ad index 92 in August-Conf Board NEW YORK, Sept 24 (Reuters) - The Conference Board's U.S. help-wanted advertising index rose one point in August to 92, despite market and profit concerns, the Conference Board said on Thursday. The index read 86 one year ago. ''The stock market is wobbly, interest rates are down and the high dollar is choking exports, as profit margins narrow,'' said Conference Board economist Ken Goldstein. ''But none of these developments is slowing the demand for labor.'' Goldstein said the latest reading suggests strong employment gains will continue through year-end. Help-wanted advertising volume rose in five surveyed regions and fell in four, according to the report. The Middle Atlantic region showed the largest increase, rising 20.7 percent. The New England and West North Central regions showed the steepest declines, falling 5.8 percent and 4.6 percent, respectively. The help-wanted index surveys advertising volume in 51 major newspapers across the country each month in order to gauge the national supply of U.S. jobs.