European Stars and Stripes (Newspaper) - September 01, 1977, Darmstadt, Hesse                                Thursday september 1,1977 the stars and stripes Page 27 Lance says Job inflation Outlook Good san Antonio a budget director Bert Lance predicted wednesday that inflation and unemployment will decline in 1978 and repeated the Carter administration s Promise to balance the budget by 1981. There Are no straight lines in forecast ing but i la hold by our latest assumptions Lance said. Conditions Are such that the rate of inflation will drop in 1978. And the rate of unemployment will drop in 1978." the administration has said the underly ing rate of inflation now is about 6 per cent a year. Unemployment last month was 6.9 percent. Gallup poll results in a speech to the Southern governors conference Lance said president Carter will not tolerate spending of one More Dollar than he feels the taxpayers should tolerate. I saw just this week a Gallup poll that reported 65 per cent of the people believe it is very important to balance the Federal  Lance said. Let me Tell them the Carter administration is very firm in its goal of balancing the budget by 1981." Lance s appearance was his first Public speech since the comptroller of the currency issued a report aug. 18 finding that Lance broke no Laws As a private banker but that his finances left some unanswered questions about accepted banking proce dures. Submit tax program in his prepared remarks Lance also said that the Carter administration will submit its tax program to Congress in an other month or  there had been reports earlier that the tax Bill would be held up until next year. Lance said that for the 1979 fiscal year the administration will not be Able to reduce spending because both Domestic and defense demands and the Lack of control we can exercise Over some programs will prevent that. But we will take every necessary Mea sure to live As closely As possible within our income. We will hold Down any in crease. And we  he added our goal is an increase limited to about 2 per cent in real terms lower in no inflated dollars than All but seven of the preceding 17  Nepal sportsman Prince Dies Katmandu a Prince Vasundhara youngest Uncle of King Birendra of Nepal has died at the age of 55 from Gastro intestinal bleeding. Brazilian sergeant Dies after attack by zoo seals Brasilia a a brazilian army sergeant died Here tuesday of injuries he received when he was attacked by six seals at a zoo doctors . Silvio Delmar Hollemback suffered More than 100 bites when he dived into a Pool to save a 13-year-old boy who had accidentally fallen in. Hollemback a father of four died of an infection resulting from the bites. The seals that attacked him Are found in the Amazon forests. Zoo officials said they Are not known to have attacked humans in the wild. They attributed the attack to the recent birth of a litter of five seals which the animals May have thought were in danger. Witnesses said Hollemback s wife at tempted to prevent him from jumping into the Pool to Rescue the boy but he persisted and managed to get the youth out of the Pool. The boy Adilson Florencia a Costa was under observation in a Hospital Here and was expected to be released shortly. The seals continued to attack hol Lemback after he rescued the child. Zoo attendants helped him out of the Pool. Rauff unrepentant in Story weekly says former Salt. Found in Chile Buenos Aires a the weekly la Semana news Magazine of Buenos Aires claimed wednesday to have located and interviewed nazi War criminal Walter Rauff in the chilean City of Punta Arenas one of the world s southernmost settlements. Rauff a former is lieutenant is blamed for the murders of at least 100,000 jews during world War ii. Arrested at the end of the War he was freed and later moved to South America. In the late 1950s he was reported to have moved to Chile where he was arrested briefly in 1962 on a request from the West German government. He was freed on grounds there was no extradition treaty Between Santiago and Bonn. He was then reported to have settled in Punta Arenas in Tierra Del Fuego. But he had not been heard from in years. La Semana said one of its reporters Cesar Pena found Rauff in Punta Arenas working As the administrator of a major fishing company. The Magazine published pictures of a bespectacled balding obese Man identified As Rauff. La Semana quoted the Man As saying i am a War criminal. But i am guilty of nothing. In War you fight and kill because you received orders and because it is Nec Essary to win. You have to be in a War to know the real meaning of the verbs to murder massacre kill. They reflect Only one thing Only one action. There is no time for emotions. Only for emergencies. But All i am saying does not stocks closing . Stock Price through the Courtesy of ache Halsey Stuart inc. Ann n aim 31 address graph Allied chem All is pm Alcor Arda h6ss Amair Flor am airlines am brands Abc am can co Amcy amid am al per am Home am motors att Ampex Ashland Oil at Rich Avon Back a Bel 18. How Bendix Beth steel Boeing Borden Brunswick Burroughs celanese Chase Manh Ches 8. Ohio Chrysler Clark equip 427 27.4 46.5 31 a 18.4 10 45.6 40.2 39.3 26.3 24.3 29 4 60.6 10.4 30.3 53.5 47.3 59.6 20.1 37.4 21.3 55 32.7 13.5 70 41.3 31.3 35.2 15.1 34.7 " As Culet pea 417 coca cola 273 col Palm 46.4 31.6 18.6 9.7 45.5 40.7 394 26 24.2 29.1 4 60.3 103 29.7 53.7 47 60 20.2 37.3 21.5 54.5 32.5 13 3 70 40.3 31 35.215 34.7 lbs Conw de con Edison con can cont data Deere co Disney Dow chem Dupont Eastern air Elk Exxon fair Cam Firestone first Nat Fluor Ford Gen Dyn Gen elec Gen foods Gen instr Gen motors Gen pub u Gen tire Gillette Goodrich Goodyear Grace Grumman aug. 30 aug. 31 9.4 40 24.6 54.5 30.1 22.2 32.1 20.7 25.6 39.6 30.5 112 6.6 61.7 48 25 17 27.2 38.4 42.3 55.5 53.1 33.3 19.6 66.6 20.4 25.2 26.7 23.5 19.3 27.6 19.2 9.3 39.5 24.7 54.2 30.1 22.3 32.1 21.1 25.4 39.6 30.5 111.4 6.4 61.4 48.3 25 16.7 27.1 36 43.2 55.6 53.1 33.3 19.3 67.3 20.5 25.2 26.6 22.4 19.2 21 19.3 Gulf Oil Gulf & Western Hilton Honeywell ism int chem n int Nickel int paper itt ite corp Johnm Nulle Kaiser Alu Kennicott Kraft Libby Owen Ling Temco Litton Lockheed Macy Marathon Martin mar May depart Mcdonnell d Mem Mem Mobil Oil Monsanto Nat Gypsum Natoma nor corp Ohio Edison of in corp aug. 30 aug. 31 26.5 12.2 19.4 47.3 266.6 3.7 21.2 45.4 32.3 12.3 32.7 32.2 23.7 49.4 28.7 7.7 13.1 16.2 37.6 50.2 25 27 24.3 21.1 52.2 60.2 61.6 16 34.4 44.5 19.5 35.4 26.7 12.2 19.3 48 268.5 3.7 21.2 46 32 12.6 32.5 32.4 23.7 49.4 29.1 7.7 13.1 15.2 37.5 51.4 24.5 26.7 23.7 21.2 52 59.6 61.7 16 35 45.1 19.4 35.4 Owens Iii pan am air Pepsico Pfizer Phil Morris Polaroid proc 8. Gam Raythelon Ria re pub steel Revlon Royal dutch St Regis p Sears Shell Oil Sperry Rand Swift co Tel Edyne Texas inst Texas util Twa travellers Union carb Union Oil Union Pac uniroyal unit Aii 1. Us steel Westing hse Woolworth Xerox Zenith aug.30 aug. 31 23.3 5.3 25.2 26.5 61.1 29.6 86.3 28.3 28.3 23.1 42.6 54 30 31.1 29.3 35.2 30.3 55.2 86.4 21.2 8.7 33 46 50.5 50.4 9.4 19.2 32.5 19.5 19.7 53.1 17.7 23.2 5.2 25.2 26.4 61.1 30.4 86.2 28.5 28.3 23. 42.5 54.5 29.6 31.1 30 35.3 30.3 55 88.1 21.2 8.7 33 46 51.3 49.6 9.4 19.4 33.3 19.3 19.7 52.4 17.1 justify a War. It Only explains it. When the War began i was 33, and i did not think like i think now that i am 71. But i am satisfied with what i am and what i  Semana also quoted him As saying that despite the fact that Germany and Japan lost the War they Are now the most advanced countries of the modern world. They have become economic Powers. Look at Germany it lost the War but it won peace and in areas where the bombs fell they have built the biggest autobahn in  Semana said that in a reference to . President Jimmy Carter he said nations have to be ruled with an Iron hand. This is Why i believe that Carter is naive. His policy of human rights is not going to Lead  Rauff is blamed for setting up the method of killing jews aboard sealed trucks by suffocating them with Carbon monoxide fumes. Wii Shell kills three Leningrad up three youths were killed and three others suffered Seri Ous injuries when a world War ii artillery Shell they were playing with blew up in their faces a Leningrad newspaper reported. 15 most Active new York up the 15 most Active stocks in new York Stock Exchange composite trading at 4 . Wednes Day sales last chg. Packs i 464,400 241/. /8 Norton Sim 425,400 19% a Globe Union 365,600 36 3 a a Etc per 363,500 14 a it Whirlpool 354,500 24 a a Central sows 343,500 16 a genl Butts 235,300 20va f it trans Widauf 213,500 20 i com wished 208,600 30 a Eastman Kuk 202,600 61 a Sears Roebke 182,700 31 a Avon products 170,700 47 i a Genet Lelec 167,100 31"e a Artel Tel 161,400 60 � diam Sham 154,000 29�� a amex 10 most Active new York up the 10 most Active stocks in american Stock Exchange composite trading at 4 . Wednesday Saias last chg Kaiser Indus 262,900 a i uni newts 91,200 6 t a rolex corp 88,200 3 a Ito Nat Pat Dev 69,100 ii a a Houston Oil 68,000 38 a via rust Craft 55,900 21% v4. Syntax 55,300 18% a Reliance gets 50,000 i a banners ads 37,800 14v4 1 grabs net 36,300 8vd i Dow Jones averages new York up Dow Jones closing Range of aver Ages wednesday High Low close change industrials 862.87 850.92 861.49 2.60 20transport 216.89 213.53 215.23 -0.68 i utilities 111.55 110.21 110.88 0.04 65stocks 293.23 289.16 292.07 0.28 Navy told it will get less planes Washington up defense Secre tary Harold Brown told the Navy its budget would be Cut and it has to get along with fewer new fighter planes Pentagon sources said tuesday. The sources confirmed published re ports that Brown told the services to Cut Back As part of a Carter administration Effort to trim the Pentagon s spending limit by 10 per cent from the $134.3 million that the Ford administration said would be needed for fiscal 1979. Pentagon spokesman Thomas Ross would not comment saying it s far too Early in the budget  the services have at least two More chances to Appeal the decisions before they Are announced in january. The planes involved Are the main fight ers for the Navy the highly capable and expensive f14 and the cheaper f18, still in the development stage. Another is the marines av8b harrier a Short take off fighter which the Navy says is needed because it is moving to smaller less expensive air Craft  Are the decisions according to the sources the Navy had asked for 42 Grumman f14s with at a $901 million Price tag. Brown s memo told the admirals to plan on 36 f14s, or $780 million. Development of f18s will keep going another year with $29.3 for buying re search planes and getting production lines ready. The Navy will have to find $50 Mil lion somewhere else in its budget to buy two More research planes. Original plans had been to have Northrop and Mcdonnell Douglas begin production this year. The marines were told to halve their request for $198.5 million to develop advanced models of its av8b plane designed by Britain s Hawker Siddeley company and built by Mcdonnell Douglas. In Addi Tion full scale development would have to wait 15 More months. Rock Star Joe Cocker not let into . San Antonio up British Rock Star Joe Cocker was detained at san Anto Nio International Airport by Federal agents tuesday night and ordered deported to  officials said Cocker failed to produce proper . Entry papers. He was being detained at a local Motel and was scheduled to take the first available flight to Mexico  arrived tuesday night on a flight from Mexico City. His final destination had been Houston. He reportedly lost his papers in South  British Singer is Best known for his songs the letter and feeling All  conversion rates Brussels up wednesday s Clos ing rates of the . Dollar to european currencies. Figures Are expressed in Dol Lars to the British Pound other local currencies to dollars aug. To British Pound 1.7423 German Mark 2 324. French franc 4 9-1 so dutch Guilder 2.4570 belgian franc. 35.805 italian lira 882.65 Swiss franc 2.3907 greek drachma 36.65 turkish lira 17.50 Spanish peseta 84.53 these Are commercial banking rates and in most cases Are not available to the Public at the exact rate indicated. The Sale of Marks to . Personnel for personal use will be at the rate of 2.30 on thursday which is based on a Price fixing at midday and allows for a Standard handling charge. Aug. Al 1.7423 2 31b7 4 020 2.4515 35.805 882.05 2.3932 36 65 17 50 84.60