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in the newspaper article. Each layer of hearsay must be inde-
pendently admissible. Fed. R. Evid. 805. Petitioner has not
attempted to show that the statement made by Price Waterhouse to
the declarant in the newspaper article is within any exception to
the hearsay rule.
Turning to the newspaper article itself, rule 803(17) of the
Federal Rules of Evidence on which petitioner relies applies to
market quotations or other published compilations generally used
or relied upon by the public or persons in particular occupa-
tions. Petitioner has not shown that the newspaper article is
the type of compilation contemplated by rule 803(17) of the
Federal Rules of Evidence or that it was relied upon by the
public or persons in particular occupations. We therefore will
not admit the newspaper article under that rule.
Rule 803(24) of the Federal Rules of Evidence, one of the
residual exceptions to the hearsay rule on which petitioner also
relies, allows admission of a statement not expressly within any
of the other exceptions to the hearsay rule if:
1. The statement has "circumstantial guarantees of
trustworthiness" equivalent to the enumerated hearsay
exceptions of * * * [rule 803 of the Federal Rules of
Evidence];
2. the statement is offered as evidence of a mater-
ial fact;
3. the statement is more probative on the point for
which it is offered than any other evidence which the
proponent can procure through reasonable efforts;
4. the general purposes of the rules of evidence and
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