European Stars And Stripes (Newspaper) - July 28, 1977, Darmstadt, Hesse                                Page so the stars and stripes Stock drop is biggest in 2 years new York Upu the Stock Market suffered its worst loss it More than two years with the Dow Jones Industrial average reaching an i month Low in a Selloff sparked by fears of an economic slowdown the Daw average plunged 19 75 Points to bus the worst loss since it fell Points on May wheel investors cashed in on a no Point gain the average had made in a rive month the Daws Clee wednesday was the lowest since 11 finished at 87t b3 on Jan the lower earnings reported this week by u s steel and Bethlehem steel three of the nations largest Basic Indus try companies convinced Many inst Ltd tical investors Utah the Economy la headed for a slowdown in the near Many Baste Industry stocks Are Dow aver age components record Trade de fld the governments report of a record billion june merchandise Trade Defi bringing the total for the to wan one Factor that triggered sell ing the fact that the Dow went through the 900 level and tailed to pick up support was another reason for the Selloff that brought the averages three Day Solback to j499 tie level was a psychological bar Rier for much As the level was last year Many were swept along in last years upward and Many were swept under in wednesdays Federal Reserve Board chairman Arthur Burns said the dollars weakness lately on foreign exchanges could cause he prices of imports to Rise and cause inflation at average Price the new York Stock Exchange common Stock Index plunged to and the average Price of a share decreased by 51 declines routed Ull to among the issues crossing the Compo site tape big Board volume totalled up from the traded tues 3 die As elevator Cable snaps in Alabama Coal mine Upu three men died when in elevator they were at tempting to take out of Sarvice snapped its cables and plummeted 300 feet to the Bottom of a Coal mine Jefferson county authorities said the men were working from inside the elevator when the cables snapped july 1977 Brush fire Shomei in Califon were engine was destroyed a fire Bat the Crew Flowers for the Pope of the new burned since Daybreak he stad gave a percentage of own Tylre Captain Andy said he had cautious optic that the fire could be contained within a the Only Way 1 can put to we have no time estimate far but the situation remains stable and the air tankers Are hitting the hot spots pretty but any Little thing could set it off Takulan pilgrims to Rome present Pope Paul i Leia of Flowers during is weekly general the Pope flew by helicopter from his summer residence to Tome pilgrims in Vatican cites audience professor says Sunbelt has a crime too chocolate lovers take it on the bean Upu inflation dealt chocolate another blow the Hershey foods said it bad been forced to reduce the lie of Candy ban by an average of per cent rather than Rahe unit Tje Nhey said High Price of Beans forced the company third reduction inless than a Balling unit prices with Veodia machine and other Market log operations More than adjusting the die of the a Barman hand Mohler said a fourth cot May be necessary if the Cocoa bean Market does not Slabi 1 fort Lauder Dulc rank 1 and re Only one Northern Kala is among the top 10 in Florida its Mobile Papula greek troops to participate in autumn forge Belgium api greek forces will take part in the fall Maneu vers of the North Atlantic Alliance for the first Lime since according to the Headquarters of Alexander Halg supreme Allied Greece broke off some of its military lies with its allies after the turkish inva Sion of there was widespread resentment in Greece that the United Stales and others had not prevented the invasion or Given More support to the greek Capri of the 15 nato All but Iceland and Portugal Are now expected to Lake part in a series of 31 exercises that make up the fall Maneu vers called autumn same troops will be involved in the exercises which will last from 30 until late one of the exercises in which Greece will participate is a combined sea and air operation named display deter details have not been announced but it is expected to take place in september and include units from Turkey As Well As from the United Italy and other coun Europe lid got win ill new run lion and us tourism also Servo As invitations to the Brantingham said burglaries seem easier id pull off in a suburban neighbourhood accustomed to strangers moving in and out a noted that eight of the top 10 and 15 of the lop 20 cities in the per capita murder Rale Are in the some experts have attributed the souths longstanding murder problem to a number of such As a heritage that looks upon violence As a a Lack of gun control and even the warm weather that can Louch off murder has Long been known As a Southern said but no one theory explains while linking an increasing crime rate to growing to tiled out that crime is not necessarily higher in Large for the a Lions most populous new is not based on All seven of the serious of lenses used in the Fri Branting hams top 10 crime cities Are pm vegas Daytona wami Arit fort West Palm Fla and utile us winds calmed during the morning hours and Rosenberger said if firefighters could hit it hard before the winds me late in the afternoon there was a Chance of stopping the Maze was checked enough to keep it from hitting the heart of the to Melto residential District and while it burned along the Edge of a millionaires raw of it caused Liujie damage it caused he greatest damage along the Southern Edge of Sycamore where entire blocks of expensive Homes exploded Power failures were reported through the City As lines fell during the night Bui there appeared to be no danger of a Gener Al Power failure and hospitals were equipped with emergency thet Lre broke out about 200 feet from the Center of a ism Blaze which burned out of control for a charring acre and destroying 78 that fire caused million in killed one Man and injured fire spurs Casino evacuation Las t up1j a fire which started in a construction area forced Patlon of the Casino Aline Flamingo hotel i 4 on the Las vegas the Blaze burned a portion of the old Casino which was to the process of being it was contained in about an no one was but one woman was treated for smoke wednesday baseball National league j ind flinch Moon my Ouw Obj to closing of naval base ends a Londonderry Era lmr9 ugh Low suit try tour Truf u j it u u u u own Henci u Ftp leu Northern Ireland a the Only american naval base lit Ireland closed the victim of defense cuts and advancements in elec the Flag lowering ceremonies wednes Day marked the end of what was once the bub of the communications network be tween the and us military bases in u also brings la a close a love Story which spanned three according to a Navy spokesman at the base in Northern Ireland second arg est 30 per cent of All single men stationed at tha base during As i year history married women from Ulster and took them the naval communications base wait set up in 1942 As a relay station for us Flat in the North because of advancements in commune we Are now Able to Combine ukr do Derry with said a spokesman for the Navy in Scott u the Home of a Large communications wednesdays ceremonies were Allen Jed by rear Richard commander in chief of naval forces in and by local the 350 americans who worked i base have ate Eady with jobs i moving to Thurso and the Teal by signed to duty stations around the i the spokes Oai