unsteady market

New-issue activity was minimal yesterday as many corporations showed little interest in issuing new debt in an unsteady market.

They were often beset with inner problems, a difficult economic environment, unsteady market conditions and, somehow, the promised excitement of their jobs had failed to materialise.

In his speech, Mr. Zedillo recognized the dangers of an unsteady market, but he predicted that additional help would put things in order.

Concern that the Federal Reserve Board would neither be able to reduce interest rates to help avoid a recession or raise them to help fight inflation added more worries to an already unsteady market.

Tall and dark, with short, bristling hair, a wide face and small brown eyes behind steel-rimmed glasses, Schachter, 34, is a new kind of art dealer, an itinerant salesman making his way in a most unsteady market.