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Publication: European Stars and Stripes Saturday, April 29, 1978

You are currently viewing page 26 of: European Stars and Stripes Saturday, April 29, 1978

   European Stars and Stripes (Newspaper) - April 29, 1978, Darmstadt, Hesse                                Saturday april 29, 1978 the stars and stripes � Pogo 27 housing costs pushed 08 percent in March As  the Zubor costs inflation increases the March increase would mean in i nation rate of nearly 10 percent so lasted All year. However economists Are predict ing improvement later in the year the higher prices last month matched a0.8 percent increase in january which had alarmed government economists consumer prices Rose 0.6 percent in february the department said the purchasing Power of the average worker Rose 0 2 per cent in March because of increases i hourly earnings and the number of hours worked. Food prices Rose 1.3 percent last month after climbing 1.2 percent in both january and february. Most of the increase was format fruit and eggs. Grocery shoppers paid 2.6 percent More for beef in March and 2.9 percent More for pork. Fresh fruit prices went up 4.7 per cent after declining somewhat the month  also Rose for such foods As Poul try Dairy products Cereal and bakery products sugar and Candy and fats and Oil  on vegetables and Coffee however  Cost of buying and taking care of the House went up 1 percent in March a worse performance than the 0.6 percent increase in february and 0.8 percent in  Price of houses went up 0.8 percent in March double the february increase while mortgage interest Home Maine Bangladesh elections scheduled for june 3 Dacca. Bangladesh a presiden Ziaur Rahman Leader of the Bangladesh military government says presidential elections will be held june 3. In a radio and television broadcast marking his first year in office. Rahman promised a free and fair , who is also chief martial Law administrator assumed the presidency last april lie gained Power in 1975 after a bloody three month Power  May he won overwhelming support in a referendum on his policies but postponed elections saying they would be held in due  Lyon subway inaugurated Lyon France a French presi-37. Dent Valery Giscard d Estwing inaugurated Here a subway system designed to help Lyon become a major european com Mercial Center. A off care Climort oger � a Cal Consumers stood at 189 8 in March indican no that the average product costing $100 in Ujco base period of 1967 Cost 1189.80 in the department said prices for both categories of measures All Urban Consumers and Urban wage earners and clerical work ers increased at the same rate 0.8 per cent. For the first three months of the year inflation was running at a rate of 9.3 per cent the department sold. Prices for food and beverages were climbing at an annual into a Sion Arv aria pricetessblcr0p8h0rugesor lnnu"1 the consumer Price Index for All Urban just fiction former ski Champion stay Duffee 32,models clothes at a new York Benefit for the Blind. Chahee denies rumours Theis dating sen. Edward m. Calling the stories science  said she had skied with Kennedy twice at Aspen. Colo. A stocks closing . Stock Price through the Courtesy of ache Halsey Stuart inc. Awn blvd Cion 41.7xiitcn i ak04 44.1 fun 04h�u i Juan Ruhr 111 11-4 Abc 441 u4cir,co if Monnet 4ndoil1ii.cn ?-"s"1 Rumic 137a.i 4.4 u.1 14.1 �4 ii 40 a 314 a 14 my 401 104a.4 101it Avertt 111 41.1 47 its 19.4 11.7  447 3 a 17.1 177 213 4.4 434 14.1 10.4 Aiu it 17 73 1 jul 14  404 i 114 ciu41i p4coc4coi4 Colo Palm lbs con  con 0414 d4rtco of incr of upon Elk Exxon f4.irc4irt Strw Nal Fluor fora pm Din gym fool in inter g4t motor i a a tar Oti lilt Cowd Rtin Good fir april apr 11.7 11.7 41.1 41.1 70.7 10.4 41.1 a 17.1 111a n 10.4 304 17.7 10.1 174 144  h.7nil 114.1 4.4 1.7 47.1 47.1 11.4 114 14.1 i it % 4t.7 w.7 4t.i 0.1 i a 714 1"  �m.4 41.4 a i ill � 81 k 174 in 11 i lft.4 1 Hytlon Irmin Ichtman my n4 my p4p Mon Gnu n4t grown  on  ol.nco-0 Agni apm 11.7 14 r 11.1  �. �.1 11.4 140.1 144.4 1.4  11.1 1 4 40.4 41.1 111 11.1 14.1 i 1 a u.1 ,7-7 a my t�,5 " in a i 411 " 411 111 2, �4 m.4 1�hi a � it � s5in 141 � proc & 04m r4vln40nrca r.40upsimi r4w1 rov4iouu" april april in 11.14 4.1 �4  i i4j 44.4, is i �1 1sj u44.4 41 a  711 a or re  w  1 a ii Iii ttl4dvm Tiki i 1 ti141uhi Twa .11. Union i o Union 0-1 umrov1 Umla irl " i 114 �4 Hixi � a 141 the reports have prompted administration officials to Call inflation the nation s no. 1 economic problem. In its report on real earnings the labor department said the average worker showed some gains despite the High inflation rate. The average married worker with three nuclear Carrier Cruiser dependents increased his purchasing Power or real spendable earnings by 0.2 percent in March. The department attributed the increase to a 0.4 percent Rise in average hourly earnings and a 08 percent increase in average hours worked per week. Over the year real spendable earnings after taxes and social Security deductions. Increased 2.1 percent. The worsening inflation prompted presi Dent Carter on april 11 to announce a Ceil ing on Federal pay increases and a plan to slow the government s contribution to inflation. He also said he would try to per Suade unions and businesses to hold Down Price and wage increases. Presid Titial aide Robert s. Strauss who was named to head the anti inflation pro Gram said wednesday he is asking each american to insure that he makes some contribution to lowering inflation rates this  panel restores 2 ships Cut by Carter budget Washington up the House armed services committee restored a nuclear powered aircraft Carrier and a Cruiser to president Carter s military program thursday while raising the proposed de sense budget by 2.48 billion. Related Story Page 6. The Carrier and the Cruiser previously Cut from the proposals by Carter were included in the defense authorization Legisla Tion tentatively approved by the committee for the year beginning oct. 1. The commit tee also added funds for additional Navy f 18, f-14 and a-7 planes. Although Carter s entire defense budget totals 126 billion the committee s Bill deals mainly with military hardware and would authorize spending of $7.97 billion mostly for procurement and development of weapons. Formal committee approval is expected in the next week. The Bill then must be considered by the full House and the actual Money will have to be provided in appropriations legislation which is Likely to reduce the armed services panel s pro Grams. County controlled Bridges found mostly below Par Washington a most of the nation s Bridges under county control were criticized As being sub Par and in violation of modern safety  f. Hillenbrand executive director of the National association of coun ties said the situation was uncovered in a Survey of Bridges that Are not on a Federal Highway system and Are under county jul  a statement releasing the results of the study Hillenbrand said the Survey identified 233,800 Bridges under county jurisdiction and found 224.000 of them have serious problems. The Survey found that 88,900 Bridges were functionally obsolete. Prime Rote hiked to 8 /4% new York up Chase Manhattan Bank the nation s third largest Bank nosed its prime lending rate a Quarter Point to 814 percent. Dow Jones overages committee chairman Mclvin Price d 111., said Carter s budget provided for no Post inflation increases in spending on major weapons systems. The panel actually boosted Levels or those programs by j3 billion but partly compensated by de creasing research funds by boo million. It added $2.1 billion for the aircraft car Rier and 1 billion for the Cruiser but dropped 912 million for a Trident missile submarine because of construction delays in that program. The result was an Overall increase of 2.3 billion in Carter s ship building plans. Members rejected defense Secretary Harold Brown s Cut in production of costly f-14 fighters from 36 to 24 planes next year adding �00 million for the additional planes. They also added 138 million for four More of the new f-1b Carrier based Hornet fighters than Brown wanted Rais ing the first production order to nine. The panel also added $s5 million for 36 a-7 attack aircraft a plane that Brown has characterized As obsolete for the Navy and air National guard. Brown has sought to halt production but the planes built in Texas have support from a powerful con Gressional lobby. The administration s request or additional a-4 attack planes for the Marine corps also was dropped and is av-8a har Rier vertical Takeoff and Landing Craft a plane which Brown has expressed doubts about were substituted instead. The panel voted to continue research on an improved harrier Model while deleting funds for development of Navy vertical aircraft that could eventually end the requirement for Large aircraft carriers. Conversion rates London 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 april 17 Brill la Pound i.u30 g4mwm4rk 1.04451 fr4ncnfr4nc 440411  1.1111 it4llnllr4 147.40 gt44 drop inv 17.110 turklimlr4 1111 new fru  k tr4niportjol Chuna try. Ion Clow ch4no� Ai �. In 44 l�4f �m4.041 1.0410 4.4110 1.1100 444 h  111 4014 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 2.05 on tuesday monday is the German labor Day Holiday which is based on a Price fixing at midday and allows for a Standard handling charge  
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