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ELECTION YEAR ISSUES WILL WEIGH HEAVILY ON U.S. COURSE INTO THE NEXT CENTURY, AMEX CHAIRMAN JONES TELLS INTERNATIONAL BUSINESS COMMUNITY

ELECTION YEAR ISSUES WILL WEIGH HEAVILY ON U.S. COURSE INTO THE NEXT CENTURY, AMEX CHAIRMAN JONES TELLS INTERNATIONAL BUSINESS COMMUNITY
 /ADVANCE/ WASHINGTON, Nov. 3 /PRNewswire/ -- The United States stands on the brink of charting a new course for the 1990s, and voters will determine the direction this nation will take for the next four years and into the next century, American Stock Exchange Chairman James R. Jones told 300 investment professionals in opening remarks at an international investors conference here this morning.
 "We are not the same country we were four years ago. More to the point, we are not the same world we were four years ago, or even two years ago," Jones told his international audience gathered at the Mayflower Hotel for "U.S. Perspectives: Election '92."
 The next president, Jones said, will have to contend with a great many pressing issues -- both domestically and internationally -- of political, economic and social consequence in a world that more and more is becoming a society linked by 24-hour communications.
 Worldwide Independence
 "Nobody knows that better than the members of the international investment community, because so much of the future of our global village rests on economic cooperation and financial interdependence around the world," Jones said, noting that the Amex has gone a long way toward developing an international profile. A number of Exchange-developed warrants and options products, contingent value rights and other products are based on non-U.S. indexes, and have found popularity with investors looking for relatively easy access to the international markets.
 Jones, who addressed the first U.S. Perspectives conference in 1981 when he was in Congress and chairman of the House Budget Committee, said the purpose of this year's conference is to put some of the election-year issues facing the international business community into perspective.
 Some 300 institutional investors from Europe, the Middle East, Asia and North America are attending the conference which brings together leading opinion makers from the U.S. government, the financial world, the media and the public sector.
 The two-day conference is being co-sponsored by the American Stock Exchange and three major brokerage firms: Donaldson, Lufkin & Jenrette Securities Corporation; Merrill Lynch and Co., Inc.; and Smith Barney Inc.
 -0- 11/3/92/0815
 /CONTACT: Bob Shabazian, 212-306-1630, Carey North, 212-306-1662, or Paul Nobile, 212-306-2028, all of the American Stock Exchange; or during the conference, 202-466-9369 or 202-347-3000/ CO: American Stock Exchange ST: District of Columbia IN: FIN SU: CPN


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Date:Nov 3, 1992
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