European Stars and Stripes (Newspaper) - October 22, 1977, Darmstadt, Hesse                                Saturday october 22, 1977 the stars and stripes Page 27 inflation continues at moderate rate Washington a inflation held Toa moderate rate last month As consumer prices Rose by Only three tenths of 1 per cent the same As in August the govern ment reported Friday. If averaged Over the entire year the september increase would mean a 3.6 per cent annual rate of inflation a Sharp improvement Over the 10 per cent annual rate recorded at the beginning of the year. The increases in August and september were the smallest monthly hikes since last november. Some government economists predicted that the slowing of inflation during the summer will persist through the autumn As declining  continue to exert a moderating effect on retail food prices. Wholesale farm prices have been falling since april. The decline first began show ing up at the retail level in july when con Sumer prices Rose four tenths of 1 per cent following monthly gains averaging seven tenths of 1 per cent. At the White House press Secretary Jody Powell said president Carter was gratified and encouraged by the continued moderation in consumer Price Infra  the president was particularly pleased that the slowdown in consumer Price increases Over the past several months has been  though the new figures do not mean our problems with inflation Are Over they do clearly indicate a Welcome respite for  prices have increased at an annual rate of 4.2 per cent Over the last three months compared with an 8.1 per cent rate in the second Quarter of the year and a 10 per cent Pace during the first three months. The improved inflation picture has been satisfying to the Carter administration which has been criticized for its economic policies because High unemployment persists and the rate of economic growth slowed Over the summer. Food prices Rose Only one tenth of 1 per cent last month following an increase of three tenths of 1 per cent increase in August. Prices actually declined for pork acs shop Story correction Wurzburg Germany is in an article published thursday entitled Wurzburg acs shop gets new Start it was incorrectly stated that the acs Here operates the curiosity Shoppe. Although the curiosity Shoppe is located in the acs offices the shop is operated by the it Irmburg acs Volunteer association which is a private organization. Acs is an appropriated fund activity and therefore cannot charge for its services. Poultry fresh fruits eggs Coffee and Dairy products helping to offset increases for fresh vegetables and  prices also continued to Moder ate last month rising by Only two tenths of 1 per cent about the same As the three pre Vious months. The Cost of services Rose five tenths of 1 per cent the same As in August. The labor department said the consumer Price Index stood at 184.0 in september meaning that a Market Basket of goods and services Selling for $100 in the 1967 base period now costs $184. The Index also showed that consume prices in september were 6.6 per cent higher than that of a year  the improvement in the Pace of inflation the government said the Price Rise last month and Fower weekly work hours combined to Chip four tenths of 1 percent from the purchasing Power of the average worker s take Home  the decline in wholesale food prices has brought welcomed Relief for Consumers it has brought hardship for Farmers. At the grocery counter the government said prices for Dairy products declined last month for the first time in seven  prices also were Down by 1.7 per cent the third consecutive monthly de Cline but were still More than 80 per cent higher than thai of a year ago. Not All food prices were Down As fresh vegetables Rose 7 per cent and beef prices increased for the first time in five months. Among the nonfood commodities the government reported a six tenths of 1 per cent Rise m gasoline and motor Oil prices As Well As higher costs for tobacco products and new cars. Pro West course expected thai elections promised for 1978 Bangkok a Thailand will be ruled by a military dominated administrative Council until a new Constitution is writ ten and general elections held next year one of the senior military officers who staged a coup thursday told newsmen on Friday. Thailand s top military leaders thurs Day ousted the civilian government of prime minister Tanin Kra Vixien in a Quick coup that saw no violence or arrests and Only a minimal show of armed Force in Bangkok. Gen. Yos Thephasdin Deputy army commander said the 24 coup instigators would soon meet to set up the Council to in clude military and police officers As Well As civilians. He said if All went Well the Constitution would be completed within six months and the path would be paved for elections. In seven orders announced Over radio and television they abolished the 1976 Constitution dissolved the Cabinet and Assem Bly and retained the martial Law of the Tanin regime. Press censorship was lifted an act that prompted editorials of Praise in 700 mexican police invade Stormy prison Guadalajara Mexico a about 700 heavily armed police poured into Jalis co state prison and went from cell to cell disarming prisoners. The Interior of the three Square Block Structure had remained under control of armed prisoners since 14 trustees were slain in a revolt in mid october. A handful of guards armed with night Sticks entered the prison after the violence subsided but there was no move then to disarm the inmates whose weapons were said to include guns and Sabe like knives. Stocks closing . Stock Price through the Courtesy of ache Halsey Stuart inc. Address graph Allied chem Allisch Alcoa Arda Hess Amaler 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 Bell & How Bendix Beth steel Boeing Borden Brunswick Burroughs celanese Chase Man chess. Ohio Chrysler Clark equip oct 20 oct21 3 12.642.1 41 23.4 43.1 30 16.7 8.6 42.2 37.7 25.4 24.1 27.6 3.7 59.3 9.4 31 51.5 45 56 18.2 35.7 19.2 26 30.1 11.2 66 42.6 29 34.1 15.5 31.7 23.4 42.5 30 16.5 8.4 42.3 37.7 25.6. 23.7 27.6 4 59.2 9.2 30.4 51.2 44.7 55.7 18.1 36.3 19.1 26.1 29.7 11.2 66.2 42.5 29 34.1 15.5 31.2 Culet pea coca cola cold Palm lbs com need con Edison cont can cont data Deere co Disney Dow chem Dupont Eastern air Elk Exxon fair Cam Firestone first Nat Fluor Ford Gen Dyn Gen ele Gen foods genl str Gen motors Gen pub u Gen tire Gillette Goodrich Goodyear Grace Grumman oct 20 9.2 37.6 22.4 47 29.6 23.4 31 20.4 24.6 35 28 109.3 5.3 55.4 46.7 22.3 15.5 22.1 36.6 44.7 48.2 50.3 30.4 18 70 20 22.6 25.2 19.1 17.7 26.6 16.5 oct21 9.4 37.5 22 48.2 29.2 23.3 31 20.3 24.5 35.1 26.5 108.4 5.3 52.3 46.6 21.7 15.5 22 36.5 45 47.6 50.2 30.3 18.1 70 20 22.1 24.6 18.6 17.6 26.6 16.3 oct 20 Gulf ii 27-3 Gul & westerih.3 Hilton Honeywell ism int chem int Nickel int paper itt Ite corp Johnm Nellc Kaiser Alu Kennicott Kraft lobby Owen Long Temco Litton Lockheed Macy Marathon Martin mar May depart Mcdonnell d Mem Mem Mobil Oil Monsanto at Gypsum Natoma nor Cor Ohio Edison Oll corp 20.7 43.4 258.4 4 in 39.5 30.4 15.7 31.2 29.1 23.1 45.5 27.1 6.7 11.6 14.2 36.6 48.3 22.7 24.5 21.4 21.6 47.6 60 53.4 15.7 33 39.7 19 17.5 oct21 27.4 11.3 21.1 44 259.4 4 17 39.2 30.4 15.3 31 28.7 23 45.7 27.1 6.5 11.7 14.2 36 48.5 22.7 24.4 21.4 21.7 46.3 59.5 52.5 15.7 33.2 39.6 19 17.2 oct 20 oct21 Owens Iii 23-2 23.1 pan am air 4.5 _4.5 Pepsico Pfizer Phil Morri Polaroid Proust 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 Pacun Royal in Tairl us steel West Nuhse Woolworth Xerox Zenith  26.1 60.2 26 82.5 30 26 22.3 40.6 56.1 29.6 28.5 30.6 29,7 30.1 54 76.6 20.6 8 29.5 42.1 52.6 47 8.2 17.6 29.7 17.3 1b.4 49.5 13.7  25.3 60.5 25.6 82.5 29.6 25.4 22.1 40.2 56 29.4 28.5 30.6 29.7 30 53.2 76.3 20.5 8 29.5 42.1 52.4 46.3 8.2 17.3 29.3 17.3 18.3 49.6 13.7 most of Bangkok s newspapers Friday. Yos said Tanin and his Cabinet ministers were not arrested but that Protection was being provided them at their Hong s by to linemen. Western diplomatic sources said they expected the new leaders to follow a less rigidly rightist line than that of the Tanin government but that there would be Little Basic change in Thailand s conservative pro Western  interviews with Bangkok Citi Zens indicated they favored the change of government and editorials in leading newspapers attacked Tanin for his myopia and praised the new authorities for reopen ing government Public communication channels by lifting press controls. Stocks erf 2-year Low on rising interest rates new York Dpi stocks finished a dismal week by falling to a two year Low Friday in the Wake of rising interest rates and a White House attack on Federal re serve Board chairman Arthur f. Burns. Trading was moderate. The Dow Jones Industrial average which Rose 2.60 Points thursday fell 6.50 Points to 808.30, the lowest level since it finished at 794.55 on oct. 2,1975. The Dow lost 13.34 Points for the week and had dropped 196.35 Points so far this year. Trend setting Citibank triggered Early Selling by raising its prime lending rate a Quarter Point to 7% per cent the highest level in two years. Several Banks followed the  May Force the Federal Reserve Board to raise the discount rate it charges member Banks for Loans from 5% to around 6 /4 per cent according to the Wall 15 most Active new York Dpi the 15 most Active stocks in new York Stock Exchange composite trading at 4 . Friday sales last chg. Citicorp 1,800 22 i Rore group 323,900 Vii a str publish 322,500 30 2% Eastman Kuk 306,500 Siv 2 i Dow Hemici 269,000 26v 1% Sambo rest 254,900 26 1 genl motors 211,500 70 Long slight 191,400 18 Mcdonald up 180,500 46% % Artel Octel 167,700 59 Usi Dusl 1,900 7 v4 mid Sautils 155,900 16% /. British pet 146,100 16v. I i Zenith radio 145,200 13 Elk mar corp 141,300 29v