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1968Year In a stock market beset by clouds, many analysts are seeing a ray of light in one of the market's largest groups, the oil stocks. Spotlight

Analysts Finding Hope in Oils

2003Year Congressional analysts conclude federal deficit is growing much more quickly than expected, even before Congress takes up Pres Bush's tax-cutting proposals and without factoring in costs of possible war in Iraq

analysts for Republican-controlled House Budget Committee raise estimates of fiscal 2003 shortfall by about $30 billion, or 5 percent beyond forecast issued weeks ago by nonpartisan Congressional Budget Office; deterioration is linked to continued weakness of economy and stock market; new projections suggest shortfall could soar to $400 billion if Bush tax cuts are approved and if war costs for 2003 run into tens of billions of dollars; many economists predict anemic growth for at least first half of 2003 (M) U.S. BUDGET DEFICIT SEEN RISING FAST

1936Year Bur of Agr Economics rept on income, June 15 to July 15, shows upturn DROUGHT BRINGS FARM INCOME RISE

Analysts Forecast 6-Year Peak for 1936, Barring Further Serious Crop Losses. SHARP ADVANCE IN PRICES New Tops Are Reached in Week and Weather Predictions Offer West No Prospect of Rain. DROUGHT BRINGS FARM INCOME RISE

2004Year Television broadcasters, set to present their 2004-5 prime-time schedules to advertisers and their agencies, will apparently again be able to raise rates, even though ratings for 2003-4 season among viewers ages 18 to 49 are expected to fall about 6 percent from previous season

analysts forecast revenue increases for six broadcast networks, ABC, CBS, Fox, NBC, UPN and WB, of 3 to 5 percent, to $9.6 billion to $9.8 billion, from $9.3 billion sold in upfront market in spring 2003; say cable, Hispanic TV and syndicated fare on local stations will also make gains; photo (M) Despite drops in some ratings, the broadcast networks will probably be able to raise prices.

1973Year NY Times separate ints with P J DeAngelis (Hornblower & Weeks-Hemphill), R B Oliver (Pershing & Co), A R Shaw (Harris Upham & Co), R B Johnson (Paine Webber Jackson & Curtis), R W Farrell (Bache & Co), and R H Stovall (Reynolds Securities) on stock mkt doldrums

analysts forecast slide in prices is near its end; individual views detailed; illus of 6 End to Slide in Stock Market Is Forecast by Analysts

2002Year Procter & Gamble Co, biggest gainer in Dow Jones industrial average in 2002, reiterates its expectation of 14 percent to 16 percent profit rise in third quarter

analysts foresee per-share earnings of $1.10 (M) PROCTER & GAMBLE STILL SEES A HIGHER QUARTERLY PROFIT

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