European Stars and Stripes (Newspaper) - September 03, 1977, Darmstadt, Hesse                                Saturday september 3, 1977 the stars and stripes if it Page 27 jobless rate tip to 7.1 labor says Washington a the nation jobless rate Rose from 6.9 per cent to 7.1 per cent in August As climbing unemployment among Blacks matched a Post world War ii High the government reported Friday. In August the labor department said the Over the month increase in unemployment was concentrated among Black work ers whose jobless rate Rose from 13.2 per cent to 14.5 per cent. The August level matched the Post War High for Blacks re corded during the recession in september1975. Unemployment among Blacks has been traditionally higher than for Whites whose jobless rate was unchanged last month at6.1 per cent. Overall joblessness has hovered a about 7 per cent of the work Force since april showing Little month to Mont change after dropping steadily from its 1976 High of 8 per cent last november. Economists say economic growth has slowed following a Sharp expansion earlier in the year and this Means fewer jobs Are being created to meet the needs of the growing labor Force. The ratio of Black to White jobless rates continued its recent up Drift to the unusually High level of 2.4 to 1 in August the labor department said. The Rise in Black unemployment Comsat a time that civil rights and labor leaders have been increasingly criticizing thearter administration programs for easing unemployment. Earlier this week the government released figures showing joblessness among Black youth age 16 to 21,reached the highest summertime rate Ever recorded34.8 per cent. Al Cio president George Meany said Friday in his annual labor Day message that president Carter s Job creating pro Grams were nothing More than band aids and that they would do Little to solve the Basic unemployment problem. While the jobless rate Rose in August re turning to its june level of 7.1 per cent the labor department reported employment increased by 210,000 to a total of 90.8 Mil lion. The civilian labor Force Rose by 390,000in August to a total of 97.7 million the department said. Both employment and unemployment increased because More people were looking for work than we Reable to find jobs. The total number of unemployed was up by 180,000 in August to 6.9 million with most of the increase occurring among per sons who lost their jobs the labor depart ment said. The department said just As Blacks experienced most of the increase in unemployment last month the gain in employment occurred among White work ers adult men and teen agers. Jobless rates for Black men Rose from 10.1 to 11.7 per cent last month while the rate for Black women increased from 10.9to 12.2 per cent. The labor department said there was Little change in the jobless rate for White men at 4.6 per cent and among Whit women at 6.2 per cent. The Overall teen age jobless rate edged up from 17.4 to 17.5 per cent in  the past year the government said the number of americans with jobs has grown by 2.9 million while the proportion of the population with jobs has increase from 56.2 per cent to 57.1 per cent. The Rise in employment last month was concentrated mostly in service producing industries which More than offset employ ment declines in durable goods industries the government said. Jobs in the goods producing sector declined for the first time since october fall ing by More than 100,000 jobs. Job losses were reported in both manufacturing and construction industries. Also for the third consecutive month decline was reported in the length of the average work week further indication of slowdown in economic growth. In August the work week dropped one tenth of a hour to 36 hours the lowest level since last september with the exception of january when it dropped because of the severe Winter weather. Average hourly earnings of nonfarm production workers were listed at $5.23 in August Down one cent from july but up 34cents from the level a year ago. Average weekly earnings at $190.37 declined 89cents Over the month but were $11.40 above the August 1976  nation s unemployment rate is based on a nationwide monthly Survey of47,000 households selected to represent the civilian population 16 years of age Andover. There is some margin of error As with any Survey. But the government contends the relatively Large size of the Sample As sures a High degree of accuracy. Looting during fire Only minor envoy says items stolen at Moscow embassy Moscow up american ambassador Malcolm Toon said Friday that a spot inventory of the fire damaged . Embassy found nothing of consequence missing but there had been some minor  told newsmen that he believed Security of the embassy had not been com promised when soviet firemen entered the upper floors last week but a number of Small items had  said at least one of the embassy s steel safes had Hammer Marks on  said that among items which disappeared from various offices during the fire were address books tape cassettes rubber Stamps used to Mark documents As Classi fied or secret a videotape film of one of the segments of the television movie roots plus a Sterling Silver medallion from his own  ambassador said the presumption was that a degree of looting took  said he believed there was a period of about 20 minutes during Early saturday morning when soviet firemen were on the upper floors of the embassy without any american  carried out a pretty Complete Survey and we Are satisfied that nothing of consequence is missing Toon  ambassador said an engineering Survey showed that the eight hour Blaze had not affected the structural integrity of the 10-Story embassy and the upper four floors would be repaired As soon As Possi  estimated it would take approximately one month to build a new roof and that it would be three to four months before All repairs had been completed an the embassy was Back to completely Normal  said embassy employees had been informed that if they so wished they could request a Transfer out of Moscow without prejudice to their  stocks closing . Stock Price through the Courtesy of ache Halsey Stuart inc. Address graph Allied chem Allisch Alcoa Arda Hess 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 w Bell & How Bendix Beth steel Boeing Borden Brunswick Burroughs celanese Chase Mann Ches Ohio Chrysler Clark equip sept.1 14.3 43 27.5 47 32.4 18.5 10 46 41.1 39.7 25.2 24.2 29.3 3.7 60.4 10.4 30.4 54.4 47. T 60 20 37.4 21.4 54.5 32.3 13.4 71 41 31 35.1 15.5 35.6 44 27.5 47.2 32.6 18.6 9.7 46 42.1 40.2 25.7 24.3 29.24 61 10.4 30.7 55.1 47.4 59.2 20.1 36.6 21.6 55.2 32.7 13.4 71.4 42 31.1 35.2 15.4 36.2 Culet pea coca cola cold Palm 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 Geneles Gen foods Gen instr Gen motors Gen pub u Gen tire Gillette Goodrich Goodyear Grace Grumman sept.19.2 40 24.4 54.4 30.1 22.3 32 21.2 25.7 40.1 30.4 112.3 6.5 60.6 48.5 24.6 39.6 43.7 56.1 53.3 33.2 19.5 67.4 20.6 25.3 27 22.6 19.3 28.1 19.5 sept. 2 9.3 39.7 24.6 54.3 30.3 22.4 32 21.2 25.6 40 31 112.5 6.4 61.3 48.7 24.3 17 26.6 40.1 44 56.4 53.6 33.3 19.7 68.1 20.7 25.3 27.1 22.5 19.3 27.7 19.4 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 0 Mem Mem Mobil Oil Monsanto Nat Gypsum Natoma nor corp Ohio Edison Olin corp sept.1 27.1 12.3 19.4 48.3 266.6 4 21.3 46 32.1 13.4 33.5 33.1 24.3 49.1 29 7.7 13.6 15.4 37.6 51.7 25 26.7 24.1 22.2 52.3 60.5 62.4 16.2 35.6 44.5 20 35.4 sept. 2 27.1 12.3 19.2 48.3 268.4 3.7 21.4 46.6 32.3 13.6 34 33.5 25.5 49 28.7 8 13.3 16 37.4 52.2 24.7 27 24.1 22.7 52.2 61.4 63.1 16.1 36.2 44.6 20 35.4 Owens Iii pan am air Pepsico Pfizer Phil Morris Polaroid proc 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 uni Tairl us Stael Westing hse Woolworth Xerox Zenith sept. 22.7 5.2 25.6 26.6 61.4 30.3 86.4 29.4 27.3 23.5 42.6 55.5 29.7 30.6 30 35.6 30.7 55.2 87.6 21.2 8.7 33.3 46.4 51.6 50.2 9.4 19.3 33.6 19.4 20 s3.1 16.4 1 sept.2 23.2 5.3 25.4 26.5 62.2 31.6 86.2 30.4 27.7 23.4 42.7 55.5 29.6 31.1 30.2 35.5 30.5 55.7 84.4 21.2 9 33.4 46.7 52.1 50.7 9.4 19.4 34 19.5 19.7 53.6 16.5 he said two embassy employees had re Quested such transfers because of fears about the hazardous working conditions i Moscow. The embassy has also offered to shift wives and children of embassy staffers forced out of their embassy apartments to Frankfurt Germany until repairs Are Crane fakes Load off envoy s mind Moscow up american ambassador Malcolm Toon was touring the Chemis try 77 exhibition Here this week when his eyes saw a genuine american Crane. There it stood a Bright shiny new Crane with a 318-foot-tall reach More than tall enough to reach the fire damaged roof of the american embassy which the ambassador is pushing to get repaired before the russian Winter sets in and Snow starts flying. It took Toon 10 minutes to locate the Manin charge of the Crane John m. De vane Iii regional manager for Eastern Europe of the Harnischfege p and h co. Of Mil Waukee  minutes later Toon had secured the loan of the Harnischfege Crane for the duration of the embassy reconstruction operation. The Crane which has been displayed a several exhibitions Here in a sales Campaign will arrive at the embassy sunday night to go to work. This will be very helpful to us and i almost grateful to the firm Toon said. 15 most Active new York up the 15 most Active stocks in new York Stock Exchange composite trading at 4 . Friday sales last chg. Che Metron 244,100 49 a a Tampa Electr 218,100 19 /8 a Exxon corp. 196,900 48 a % Imperial cup 193,400 16% a web Del 177,000 13% be Babcoc Wix 173,700 59 a % Polaroid cup 161,600 31% Gen motors 153,400 68 a Ford motors 151,100 44 Clorox co 146,600 13% Texas tils 134,300 2 i get West incl 133,200 23vs Artel Tel 122,300 60 a Tuc songs a 116,200 16% sear Lead 111,900 12vs amex 10 most Active new York up the 10 most Active stocks in american Stock Exchange composite trading at 4 . Friday sales last chg. Nat Kinney 163,400 2 Uvindo sets 161,100 5% / rangers Illtyd 70,200 27% 2 Miller Wohl 59,500 33% % Houston Oil 57,600 39 be Amax was 44,900 1 a Perte corp 38,500 we syntax corp 37,200 18 a be Broscan Ltd 35,500 13 be Juniper Perl 27,000 3 a % Dow Jones averages new York up Dow Jones closing Range of aver Ages Friday High Low close change 30lndustrials 873.79 862.44 872.31 7.45 20transport 218.98 216.06 218.06 1.51 utilities 112.70 111.36 112.28 0.80 65stocks 296.59 292.77 295.79 2.33 completed. Two families have accepted that offer. Toon said that the embassy was accelerating the transfers of staff members scheduled to leave Moscow anyway in the next few months and putting a Tempo Rary hold on the arrival of replacements. Toon said the precise cause of Las week s fire had not been pinpointed but an electrical malfunction was still the chief suspect. He said about 20 construction workers from the . Navy Seabee were being brought to Moscow for first stage work on the new roof and that figure would Rise to 40 workers when Inte rior repairs  ambassador estimated that repairs and replacement of damaged equipment would Cost approximately $5 million. He confirmed that a state department fire safety inspection team last january recommended a series of alterations an additions to the 27-year-old embassy build ing to make it  said some of the recommended work had been done prior to the Blaze but some had not because of delays in receiving special order equipment and sup plies like fire resistant doors. Toon said All of the recommended improvements would be incorporated into the reconstruction work now under  ambassador said he had met with embassy employees and their families ear Lier Friday and he was endorsing their re quest that the hazardous duty differential paid in addition to Normal salary be in creased from 20 per cent to 25 per Cen during the embassy reconstruction period. I feel that the request is warranted Toon  said he saw no reason Why the fire and the reconstruction should affect the scheduled construction of a new . Embassy due for completion in 1982. We will break ground for the new embassy next Spring Toon said. He predicted that the embassy would Beback to Normal operations by the end of this year. We Are going to be cramped and crowded until then but we can live with that Toon said. Conversion rates Brussels up Friday s closing rates of the . Dollar to european currencies. Figures Are expressed in dollars to the British Pound other local currencies to dollars sept. 1 sept. 2 British Pound 1 7-123 1.7417 German Mark 2 3187 2.3186 French franc 4.to3j 4.9055 dutch Guilder 2.4513 2.4480 belgian franc 35.67 35.65 italian lira 882 35 882.25 Swiss franc 2.3966 2.3935 greek drachma 36.65 36.65 turkish lira 17.50 17.50 Spanish peseta 84.40 84.40 these Are commercial banking rat Sand in most cases Are not available to the Public at the exact rate  Sale of Marks to . Personnel for personal use will be at the rate of 2.30 on monday which is based on a Price fixing at midday and allows for a Standard handling charge