European Stars and Stripes (Newspaper) - July 25, 1978, Darmstadt, Hesse                                Page 28 the stars and stripes tuesday july 25, 1978 Dollar plummets while Gold soars continued from Page i Dainty is far from  it was the sixth straight Day with a major Gold Advance and the fifth consecutive Day that the Dollar has fallen on foreign exchanges. There were differing views in Tokyo of the future direction the Dollar will take. Officials at the Bank of Japan which bought an estimated $400 million monday in an attempt to Stem toe Dollar s slide said the . Currency was not Likely to stay below 200 yen for  the chief of foreign Exchange Deal Ings at a major japanese Bank said the rate might drop to 180 yen to the Dollar by september or  Basic reason for the Dollar s 25 per cent decline against toe yen Over the past10 months is Japan s huge foreign Trade surplus and the corresponding big .trade deficits. Monday s Panicky trading was sparked dealers said by a disclosure from Kuwait s Oil minister All Kallah Al Sabah that a committee of the open Oil Export ing countries had decided to recommend that the Dollar Price of Oil be indexed to an undisclosed composite currency unit. This would protect producers profits badly hit by toe Dollar s decline. But some dealers said toe Oil Dollar is sue has been discussed for months  account for the Dollar s Overall  the real reason for the fall is that the p.. Economy its uncertainty and its Lead Pership Are now toe subject of so Many i doubts that there is no excuse left for de flaying a virtual worldwide devaluation of toe Dollar said toe London evening news. Ujj said a Frankfurt dealer we really Don t know what to do right now. Everyone is looking for some sort of signal before they Start buying  the closing Dollar rate monday on ther Frankfurt foreign Exchange was 2.0395, if Down from Friday s closing of 2.0530. Con i version rate Page 27. To in Tokyo the Dollar closed at 199.05 yen of Down from 201.25 yen last Friday and 229 1 yen As recently As late May. The breach of the 200-yen Barrier Al a though actually widely expected was the it. Top item in japanese newspapers and news broadcasts with business leaders express 8- a concern Over toe effect on Japan s eco Mic recovery.1 Shigeo Nagano president of the Japan g chamber of Commerce and Industry said Femme government should consider an income tax Cut totalling 2,000 billion yen $10 Bil lion to stimulate demand in toe Economys private  economic analysts in Tokyo said the Dollar s fall below 200 yen seemed excessive in terms of the two currencies real purchasing Power. A 100-yen soft drink for example has jumped from 34 to 50 cents in Dollar terms in the last 19 months an from 44 to 50 cents in the last two months. A japanese business Happy with the situation was the tourist Industry which has reported growing numbers of japanese eager to travel abroad where their yen Soldier killed six Hurt in fort Bragg explosion fort Bragg. . Up one sol Dier was killed and six injured monday in an explosion at a motor poo at fort Bragg military officials said. Base spokesman Mike Shutak said the origin of toe explosion was not immediately  identities of Tot victims were with held pending notification of Kin. Shuta said four of toe injured were listed in Seri Ous condition and two others were treated for less serious injuries at Womack army Hospital. Will Purchase much More than  in Japan meanwhile continued to suffer the effects of the sagging Dol Lar. A 300,000-yen monthly rent which Wouldhave come to $1,027 just 19 months ago at 292 yen to one Dollar and $1,310 in May at229 yen now will Cost $1,507 at 199 yen. A moderate 5,000-yen restaurant meal has gone from $17.12 to $21.83 to $25.13. The National railway s minimum far of 60 yen has gone from 21 cents to 26 cents to 30 cents but the railway raised the Pareto 80 yen this month so it now costs 40 cents. Syrians break Beirut i with rockets and Artill Beirut Lebanon a syrian peacekeeping forces opened us i8jof artillery and rockets at Beirut s Southeastern Christian Neighb hum monday shattering a Dawn to dusk Lull. There was no explanation Why the shelling was resumed in the i been ringed by the syrians who police Lebanon s 20-month-old civil withe syrians pounded right Wing strongholds in harass for the my and local militia spokesmen there conceded nine Christian we wounded. The rightist voice of Lebanon radio station said the area s Mola strayed by shelling and the population of the Low income Christian suffered a drastic bread shortage. The fighting still was localized. A 12-Day-old cease fire Between syrians in the rest of Beirut s Christian sector was  Stan Down ended the worst syrian Christian confront att police reported nearly 200 christians were killed in six Days of ago. Calif pickets to defy judge 80 mail strikers fired at no. Postal Center by toe associated pres sat least 80 striking postal employees have been fired in new Jersey while Insan Francisco Union dissidents planned a Campaign of roving picketing to show their discontent Over a new contract. Nearly half the morning shift workers a facilities in Jersey City and Kearney re fused to work monday and Union official planned a meeting in new York to decide whether to Sanction the Wildcat strike according to Robert Knole. A spokesman for the postal workers  walkout has caused 24-hour delays in processing second third and fourth class mail foreign mail and military mail service. First class mail delivery has been unaffected. Roy Braunstein of Trenton legislative Liaison for the new Jersey postal workers association said the state organization Athirst did not Sanction the Wildcat walkout. But now that Brothers in the Union have been terminated we will have to re assess our  dismissals disclose Twenty striking employees at the new York bulk and foreign mail Center i Jersey City were fired sunday and 60 More were fired , postal workers vowed to Send roving pickets to san Francisco area Post offices in Defiance of a judge s order to halt their Wildcat  protesting workers Are upset at a tentative three year pact reached Earl Friday averting a nationwide postal strike. The contract Calls for pay raises of about to percent with the Cost of living Protection boosting that to 19.5 percent tie present average salary is $15,877. Dissidents say the new pact does not f18 tu8 and p17""8 to Mut Over time scheduling. An order temporarily enjoining an further Nike activity at the san Fnu icis T bulk mail Center issued sunday by  judge Stanley Weigel is basically an intimidation tactic to try to break the strike and scare other workers said subway service resumed in late morn ing for the first time since wednesday. Well be out there Strong he said promising to surround the Center located weather Gnu Cloudy to Europe if"1 211 a � supp ? i. 4m 4pms 1 1 continued from Page ii hex ifl5 unav broke a heat wave Thatha kept temperatures at or above 100 de Grees Tor most of july and caused at least21 deaths from heat strokes. The cooler Texas weather was nowhere rely Dent than at Wichita fall water toe midday temperature sunday was 75tiiat compared with a Reading of 114 ii . And in Dallas which had readings of 100 Tefer "j01 or w straight Days trained saturday for toe first time sice june 7. The midday Reading sunday i Dallas was 75. Oui Uay in Billy a resigns a Mckei in Richmond calif., with picket  two locals Are the branches of toe american postal workers Union and the mail handlers division of the labourers International Union. They threw up their first picket lines saturday morning. Mail handling in Jersey City has Bee delayed one Day but Harry Nigro regional communications director for the postal service said sunday there s no prob Lem the operation is  . Transit strike loses some punch Washington a a relative trickle of buses and full subway service resumed monday As a Wildcat strike against toe capital s transit system lost some of its momentum. But the limited return to work did Little to alleviate traffic jams of com Muters forced to use their cars during the morning Rush hour. The walkout was in its fifth Day As som bus Drivers subway operators and mechanics defied a Federal judge s Back to work order and advice of their own Union leaders to  toe first reported violent incident authorities said a firebomb was thrown at a to Southwest Washington monday but a tested its target and caused no damage or injuries. A pfc Salehi spokesman for the Washington metropolitan area transit a &js1 of of a morning comment about evicted was made a explosive Airport fatten the discussion Cente son the yanks $2.9taiated hitter who a five Day suspension by, executives. On july 1in new York. Jacyn Nore Dmartin Sorde attempted to bunt he 1. , returned sidestepped any ubut was kept out i the yanks beat of straight Triumph aug  the game but As f of Hare International Kansas City he of  Reggie does t won t play  what geor right now if bed less than an hour 1. Murray chass of the  Hecht of toe new reportedly said of Jackner the two of them one  convicted Steinbrenner s guilty Federal charges that be g nation for a $35,000 Nixon s presidential that be attempted Toto do the same. Monday morning Imade such a Statema did t say anything ," he said. That l and he was known to have one other new York sports entry seeking backing that anything untoward. But chass stood firm a what i wrote and have i contribute he said Hecht confirmed the i Martin s quote about Brenner. Those were we were careful to get them not drunk. He was in control.? cuban gets order Moscow a awarded toe order of 1 Calderio chairman of toe