Allegheny said the drop reflected lower prices, which were pushed down by competition.

The big drop - 31.1 percent - came in estimated taxes, which are paid by the wealthy and reflect investment profits.

The drop reflects changes in Mexico's population policy and a national family planning program begun in the early 1970's.

He said the drop reflected a simmering fear that after months of declines, interest rates would again rise.

Like tiny black pearls, the drops reflected the color of his skin.

The drop in prices "reflects more where coffee should eventually be" than what current supply indicates, he said.

Analysts said the drop reflected particular anxiety over the country's huge trade surplus with China.

The company said the drop reflected, in part, moves by business customers to lower-price services.

The sharp drop in America's trade deficit this year reflects the weakness of domestic demand.

The drop reflected the aftermath of ugly negotiations on union contracts.