European Stars And Stripes (Newspaper) - October 9, 1977, Darmstadt, Hesse                                Saturday october 8, 1977 the stars and stripes Page 27 jobless rate hangs around 7% Washington a the nation s unemployment rate edged Down to 6.9 percent in september from the August level of 7.1 per cent showing Little change for the fifth consecutive month the government reported Friday. The jobless rate has hovered stubbornly around the 7 per cent level since april an indication of the slowdown in the Economy following the period of rapid growth Early in the year. Most of the improvement in unemployment last month was enjoyed by Black workers following a Sharp increase in their joblessness the previous month. Unemployment among Blacks had risen to 14.5 per cent in August but fell to 13.1 per cent last month. However analysts said there was some indication the August in crease was caused by a quirk in the statistics than an actual Rise in unemployment. Nevertheless the stagnation in the Over All jobless rate is expected to increase pressure on the Carter administration to enact a tax Cut next year to stimulate the Economy. The administration was counting on newly enacted Job creating programs to bring the unemployment rate Down to about 6.5 per cent by year s end but Large layoffs in steel and other industries this fall could offset some of the effects of the Job programs. Unemployment declined by 150,000 to 6.8 million during september the labor department said. At the same time the total number of americans with jobs Rose 320, 000 Over the month to a total of 91.1 million. Employment has grown by 3.3 million Over the past 12 months and the percent age of the population with jobs has risen from 56.1 per cent to 57.3 per cent just Short of the Al time High last reached in March 1974. Arabs buying lunches from British firm Wolverhampton England a a British firm has won a contract to Supply a million pounds $1.75 million Worth of sandwiches to the arabs. The catering firm k. Snacks of Wolver Hampton said that under the contract it will ship an initial 45,000 Chicken beef and cheese sandwiches for school lunches in the persian Gulf state of Qatar. The sandwiches will be sent refrigerated and thawed out on arrival. Stronger Congress hand urged arms Sale pattern7 cited Washington a Senate demo cratic Leader Robert c. Byrd said Friday that a dangerous pattern has developed in . Arms sales to other nations and recalled for revised procedures that would give Congress a greater Opportunity to Block them. In a Senate speech Byrd also said that in the Case of Iran to which we have made sales of More than $18 billion in recent years i would suggest a moratorium on further sales in the near  present Law provides that Congress be notified of proposed arms sales in excess of $25 million or in excess of $7 million in Case of major defense equipment. Con Gress has 30 Days in which to Block them by adoption of a Resolution of disapproval. Byrd said the period for congressional review should be extended and that the president should submit a detailed Over All plan for arms sales for each fiscal year Early in a congressional session. I do not believe we Are Well served of having notifications scattered throughout the year which leads to their being dealt with on a haphazard basis he said. Since aug. 5," he said Congress has received notifications of proposed arms sales totalling More than $3 billion. There have been 29 separate proposals involving 15  said an even More incongruous situation developed last year when con Gress received notifications of 37 separate transactions with 11 countries totalling $6 billion in the waning Days of the congressional  Byrd urged president Carter not to submit major proposals to Congress in the final Days of the present session or follow ing adjournment unless the proposed sales Are of an emergency  he also said the cumulative and Long term Impact of arms sales must be Given More thorough consideration. Notification of proposed sales should include information about the total value of equipment already delivered to the country in question in recent years As Well As information about support and services which will be needed in the future he  Byrd said consideration should be Given to requiring explicit congressional approval rather than a Resolution of disapproval for major arms  As an example he spoke of sales or combination of sales to one nation valued at More than $200 million. Byrd said he strongly approves Carter s efforts to reduce the traffic in arms but implementation of this policy has been difficult and the results thus far have been stocks closing . Stock Price through the Courtesy of ache Halsey Stuart inc. Address graph Allied Cratem Allisch Alcoa Arda Hess am air Flor am airlines am brands Abc am can co am by a Madam Al per am Home am motors att Ampex Ashland Oil at Rich Avon Back a Bell How Bendix Beth steel Boeing Border Brunswick Burrough celanese Chase Manh Ches Ohio Chrysler Clark equip oct6 14.1 43 25.4 44.4 31.3 17.4 9.2 43.5 39.3 39.6 26.4 24.4 28.24 61.7 10 30.3 s3.3 46.6 57.2 18 38.7 20 25.2 33.2 12.1 68.6 42.s 30.5 33.5 16.3 34 oct7 13.7 42.7 25 44.5 31.4 17.6 9.1 44 39.5 39.6 26.5 24.4 27.6 4.1 61.6 10 30.5 53 46.7 56.7 18.1 38.2 19.3 25.6 lt.1 67.5 42.5 30.4 33.7 16.5 334 Culet pea coca cola cold Palm lbs Conw de con Edison cont can cont data Deere co Disney Dow chem Dupont Eastern Airek 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 oct6 9.6 39.4 24.1 33.3 21.4 33.3 21,4 25.5 38.5 31 111.4 6 60.2 48.3 23.2 16.4 24.4 38.4 4s.3 53.1 51 33.1 19 70.3 20.7 22.7 25.7 20.2 18.3 27.s 17.3 oct7 9.6 39.7 24.1 50.7 31 24 33.5 21.7 25.3 38.3 31 lit 6 60 48 22.5 16.4 23.7 38.4 45.5 53.3 50.7 32.6 19 70.2 21.1 23.1 25.4 20.2 18.4 27.4 17.5 Gulf Oil Gulf 8, Western Hilton Honeywell ism int chem int Nickel lot 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 atoms nor corp Ohio Edison Olin corp oct6 28.2 11.6 19.1 45.2 257.7 4 18.5 42.3 31.7 13.5 30.4 30.1 23.2 48.4 29.1 7.3 12.6 14.6 39.7 49.5 22.7 25.7 22 23.6 50.6 62.7 58.2 16 33 46.4 19.5 18.3 oct7 28.1 11.7 19 44.7 257.1 4.1 19.1 41.3 31.6 14 30.5 30.6 23.2 48.2 29.2 7.2 12.6 14.5 39.5 49.7 23.5 25.5 21.7 23.4 50.3 63.2 57.2 16.1 33.4 46.4 19.6 18.2 Owens Iii pan Amair 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 unit Airbus steel Westing hse Woolworth Xerox Zenith oct6 22.5 526 26.2 63.3 29.5 83.4 30.5 2823.1 43.4 56.2 31.6 29.4 31.2 32.7 30.4 51.4 81.5 22.4 8.2 31.3 44 53.6 49.7 9.5 20.1 30.5 17.3 18.7 53.3 14 oct7 22.4 4.7 25.7 26.2 63.5 29.2 83.1 30.3 27.7 23.1 43.4 56.2 31.2 29.2 31 32.6 30.5 51.7 81.5 22.6 8.2 31.1 43.3 53.5 49.4 8.6 19.7 30 17.4 18.7 53.2 14 somewhat  the arms sales program seems to have developed a momentum of its own he said. In recent years he said a dangerous pattern has been dominant with coun tries in the Middle East particularly Iran saudi Arabia and Israel replacing this country s North Atlantic treaty Organiza Tion allies As the primary arms customers. Byrd said sales to Iran alone since 1972 total $18.2 billion counting the Sale of a highly sophisticated air defense system submitted to Congress this year. He said this Sale apparently will go Forward de spite what he called Strong opposition in the Senate since the 30-Day period for blocking it has expired. That is an astounding amount of Mili tary equipment to deliver to any  Byrd said of the Over All sales to Iran. He said no More sales should be made to Iran until Congress is provided with a thorough analysis of Iran s capacity to absorb and utilize additional major weapons  Diplomat 76, named Brezhnev s top Deputy Moscow a the soviet Union Friday catapulted a 76-year-old career dip Lomat into the Job of top Deputy to presi Dent Leonid i. Brezhnev and formally adopted a new 9,000-word Constitution that the Kremlin Calls the most democratic in the world. Brezhnev s new top aide is Vasily v. Kuznetsov a fluent English speaker whose biography has included metalworking in the Ukraine mining studies at the Carne Gie Institute in Pittsburgh and a steady Rise through the soviet economic and foreign affairs Hierarchy. There is no evidence however that Kuznetsov s no. 2 protocol position after Brezhnev will immediately make him a powerful decision maker. Rather his appointment obscures once again who really wields the second level of Power in the Kremlin after Brezhnev. Kuznetsov was elected Only monday As a Junior member of the communist party s politburo the nation s real ruling body which also includes 14 senior members headed by  s promotion and the adoption of the new Constitution came in a 100 minute meeting Friday of the supreme soviet the National parliament. The 1,500 deputies voted unanimously in favor of both decisions and applauded Stormly for three minutes after the Constitution was , 70, gave two Short speeches 15 most Active new York up the 15 most Active stocks in new York Stock Exchange composite trading at 4 . Friday sales last . Get West incl 330,500 veto inc 295,900 Sony corp 290,700 Citicorp 182,500 Ralston Purina 161,900 Alco labs 154,500 St Regis Pap 143,700 us steel 138,300 Bally mfg 136,400 Savin bus much 134,800 Safeway sir 132,200 Chris Craft 131,800 Beth steel 124,000 Kmart 123,000 amt elite 116,000 23 21 /4 8 a 23 15 a 27% 31 /4 30 i7v4 27% 39 a 8 /7 19% 30 61v a a a a 2 a a 1i/4 by 10 most Active new York up the 15 most Active stocks in new York Stock Exchange composite trading at 4 . Friday sales last .  121,300 20% Houston Oil 63,500 34 vib Nat Pandev 57,800 13% to Susquehanna up 46,600 ? i Cooke dust 35,400 8% a Perte corp 27,800 8 Salterman foods 25,400 18% 1 in Fidelity 23,400 8 /4 a Lea Handco 22,800 14% Dat products 22,400 16 Dow Jones averages new York up Dow Jones closing Range of aver Ages Friday High Low close change 30 industrials 845.98 836.11 640.35 1.73 transport 218.45 215.67 216.89 0.05 i utilities 114.50 113.58 114.04 0.17 65 stocks 292.03 288.7s 290.20 -0.43 and called the Constitution the nation s fourth a new historical Frontier in our and Vance toward  the new Constitution was first proposed in 1959 by Nikita Khrushchev to replace the 1936 Stalin Constitution but was apparently held up until now by political haggling. New vehicles for 78 booked at 2 cafes shows Munich the Best of what . Auto makers Are offering for 1978 will be on Dis play late this month at two cafes Europe Auto shows. As Many As 50 of the latest Model cars will be on display at each of the shows cafes officials announced. The 1978s will be on display in Heidel Berg and at Rhein main a. Included in the displays will be a wide selection of cars vans motor Homes four wheel drive vehicles and motorcycles a spokesman  Heidelberg show will be held from 10 . To 10 ., oct. 21-24 at the Patrick Henry Village officers club. The show at Rhein main will be from 10 . To 6 . Oct. 28-31. To reach the Rhein main show drive through the Gate and follow the signs. The spokesman said. Firm Sells arabs Snow lows London up . Barlow is the kind of Man who puts exporters of Sand to the arabs decisively in the 120 degrees  company has persuaded them to buy Snow lows. They Are now helping to keep the roads of Abu Dahabi free of Sand. 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 oct. 6 British Pound 1.7597 German Mark 2.29 French franc 4.8655 dutch Guilder 2.436 belgian franc 35.525 italian lira 880.90 Swiss franc 2.31/2 greek drachma 36.60 turkish lira 19.44 Spanish peseta 84.35 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 2.27 on monday which is based on a Price fixing at midday and allows for a Standard handling charge. Oct. 7 1.7588 2.2910 4.8636 2.44 35.52 881.30 2.3120 36.60 19.44 84.30