European Stars And Stripes (Newspaper) - September 1, 1978, Darmstadt, Hesse                                Friday september 1, 1978 the stars and stripes Page 27 indicators hint Economy slowdown Washington a another govern ment report thursday pointed to a possible slowdown in the Economy in months ahead. The Index of leading economic indicators declined 0.7 percent in july the first drops Noe january. The Index is designed to foreshadow trends in the Economy. While a one month decline does not by itself establish a trend it came against a background of other eco nomic statistics that also Point to sluggish growth. The 0.7 percent decline in the indicators Index in july followed an increase of 0.5 percent in june. The last previous decline was a 1 percent drop in january As the Economy slowed because of the severe win Ter and the Coal strike. The Commerce department reported separately on wednesday that new factory orders dropped 3.8 percent in july the big Gest decline in nearly four years another indication that the Economy is entering a slowdown period. The Carter administration still maintains the Economy should grow at a 3.5 per cent annual rate in the second half of the year enough to keep unemployment from getting worse. But the latest statistics cast doubt on whether that much growth can be achieved. The Economy grew at an 8 percent Annu Al rate in the second Quarter of the year and some slowdown was considered Neces sary because of the need to help keep inflation from getting worse. Even top administration economists Are paying that if inflation cannot be con rolled a recession could hit the Economy pm time next year. The decline in the . Dollar resulting rom the huge Trade deficits of the past 18 of months including the $3 billion deficit in Hily has been another cause for worry Iver the economic Outlook. The Commerce department said five of the 10 individual statistics used in its Indi pc actors Index worsened in july including f Heidelberg gis plan 43-hour telethon run Heidelberg is. Members of the 43rd signal in Here will run for 43 hours starting at 6 . Friday to earn pledges that will then be called in to Jerry Lewis muscular dystrophy telethon being held in the states this weekend according to a battalion spokesman. The run will be on Campbell Barracks Parade Field. Those wishing to donate Are requested to Call in a pledge to Heidelberg military 2121 7344 or 6590 for each Lap a runner makes during his or her 15-minute stint. The pledges will be called in to the Tele Thon on monday the spokesman said. 3rd support come go Dies in Cycle Accident Frankfurt a 3rd support come Soldier died tuesday of a severe brain con Cussion received in a motorcycle Accident sunday. Spec. 4 Jeffery Ehlenberger of the 699th Maint co 85th Maint in Hanau was trav Eling on in Ber Gartel Strasse Rodenbach at approximately 10 45 . When his motorcycle struck the rear of a parked car a 3rd support come spokesman said thurs Day. Ehlenberger was taken to the 97th Gen eral Hosp Frankfurt then transferred to the 2nd general Hosp Lan Stuhl on Mon Day where he died. Ehlenberger 24, of Portland ore., is survived by his wife Angelika and two children. Sales deliveries Stock prices the Money Supply new factory orders and building permits. Two of the 10 sensitive prices and or Ders for Plant and equipment improved while three others were unchanged. Those were the average workweek the Job Layoff rate and liquid assets. The Agency said the indicators Index stood at 136.1 in july of the 1967 average of100. In another economic report wednesday the labor department announced a record 2.1 percent average wage increase for american workers in the second Quarter of this year. However that fell Short of the 2.9 percent Rise in consumer prices Over the same april june period. A Commerce department economist who asked not to be named said As things now stand i think we re headed for a slower  he said More economic data was needed before trying to guess now Steep the slowdown might be. Hijacker used an unloaded pistol Berlin a american officials said thursday that the East German who hijacked a polish Airliner to a . Air base in West Berlin wednesday did it with an unloaded starter s pistol. The Blank firing pistol apparently was never loaded during the course of the hijacking said Ernest h. Latham information officer at the american diplomatic Mission in West Berlin. A suspect identified by various sources As detlef Alexander Tiede was alleged by american authorities to have hijacked the Airliner on a flight from Gdansk Poland to East Berlin. The plane carrying 63 passengers and a Crew of eight spent six hours at West Ber Lin s Tempelhof Central Airport. Seven East germans two children three women and two men took advantage of the hijacking to defect to the West american officials said. Company nears $6 billion for year two airlines to buy Boeing s 757 Model Seattle up Eastern airlines and British airways have announced their intention to buy approximately $1 billion Worth of the Boeing co s new 757 Model jetliners the company said thursday. The orders for the 757, a Standard body air plane which uses 40 percent less fuel per seat than the 727 Model it will replace have Long been expected by Boeing a com Pany spokesman said. The exact figures on the intended Pur chases of 41 jets were not immediately available said the company spokesman As details of the contracts were yet to be worked out. Each Jet costs almost $20 Mil lion although contracts include additional costs for related training supplies and services. Eastern airlines announced it has or dered 21 planes with an option on 24 More. British airways has announced its initial order will be for 19 jets. The Boeing company has now sold a to Tal of 275 jets this year a figure surpassed Only by sales in 1965, 1966, and 1967. Boeing Snow closes four passes in the Switzerland Alps Geneva up four Swiss Alpine passes had to be closed because of Snow thursday while others required chains or Winter tires. A sudden blast of cold air from the North sent temperatures plunging from 68 to 48 degrees and rain at sea level became  above 3,000 feet. Conversion rate London a thursday s closing rates of the . Dollar to european currencies. Figures Are expressed in dollars to the British Pound other local currencies to dollars aug. 30 aug. 31british Pound 1.9375 1.9433 German Mark 1.992? 1.9870 French franc 4.36325 4.3575 dutch Guilder 2.1630 2.1560 belgian franc _ 32.31 italian lira. 836.00 835.30 Swiss franc 1.6465 1.6400 greek drachma 36.783 36.722 turkish lira 25.25 25.25 Spanish peseta 73.60 73.67 these Are commercial rates and can be related Only to the use of foreign currency by . Forces for official business. Sales of German Marks to . Personnel for personal use will be at the rate of 1.97 on Friday which is based on Price fixing at midday and allows for Standard handling charge. Spokesman Tom Cole said the Dollar Fig ures in sales was Way ahead of whatever was second  the order pushed the Boeing co. Closer to the $6 billion year forecast recently by . Boullioun president of the company s commercial air plane company. The $4 Bil lion in sales Boeing achieved last year was the highest on record. Cole said this year has been a very unusual year in air plane  on july 14 United airlines ordered $1.2 billion Worth of Boeing s new 767 jetliner plus 30 More 727s for a total contract of $1.6billion. The order today does not constitute a production go ahead said Cole. The actual go ahead probably won t be Given until Early next  Cole said the new air plane will not Fly until Early 1982, followed by a year of flight testing before it is put into service. The 757 has the body of a 727, one aisle and six seats abreast although longer with a new Wing new engine new Landing gear and greater fuel efficiency the main design goal said Cole. 15 most Active new York up the 15 most Active stocks in new York Stock Exchange composite trading at 4 . Thurs Day sales last chg. Ramada inns 1,170,200 13 Bally mfg 860,800 67 /3 Bristol Myr 692,500 38% Holiday inns 553,800 24v., Colum Pic 439,100 26 Penn Centre 414,500 is pan am a 408,000 8% Playboy ent 305,400 30 x. Telex corp 261,500 8% Boeing co 246,600 70 a Frank mint 244,500 11 i Cole colds 236,000 6 free Porton 234,400 27% into paper 227,300 44% applied dig 223,300 19va % amex 10 most Active new York up the 10 most Active stocks in american Stock Exchange composite trading at 4 . Thursday sales last chg. Instr syst 241,900 i Golden Nugg 226,600 42 1% Reston task 186,900 6v8 a resorts Intia 184,800 112v8 4 est securities 158,800 2 a v Amdahl corp 135,200 69 3 a Leisure tech 129,800 7ye % Champ Home 126,100 3v� vib Sterling ele 124,200 1% a Flagstaff up 110,800 8 Dow Jones averages new York up Dow Jones closing averages thursday High Low close change 30 industrials 883.66 871.34 876.82 3.90 20transport 250.15 245.96 247.95 1.32 15utillties 107.07 106.06 106.66 0.20 65stocks 306.38 302.11 304.13 1.09 is 1w 2% 2% a Tiede 32, was accompanied by a woman Latham identified Only As Ingrid Ruske. 33, and her 12-year-old daughter. Tiede and the woman were being held by . Authorities thursday while an investigation continued. Extradition was All but ruled out by a state department spokes Man who said that if Tiede were tried for hijacking the trial would probably be held by american or German authorities incest Berlin. Latham said the american Mission would have no comment on reports that soviet officials who share air traffic control responsibilities for West Berlin had asked or told the americans not to allow the plane to land. Military sources said the plane in communication with american. British and French air controllers at Tempelhof circled three or four times East of the air base before coming in for a Landing. Soviet air controllers help govern traffic in Western air corridors to and from West Berlin but they do not work in City s Mili tary run air control Center at Tempelhof. Mac flights the following information on military Airlift come commercial contract flight arriving and leaving Rhein main a Ger Many sept. 3-10, is provided for customer convenience. All times Are local. All Pas sengers leaving Rhein main Are reminded that they May Check in up to 64 hours ear Lier than the published times below. For further flight information Call Auto on 462 6813/6814 or Rhein main military 2305 6813/6814. R Hein Mai Nab to Charleston a . Date flight departs number Check in sept. 3 w2f8 4 30 . Sept. 3 r2f6 8 30 . Sept. 4 w2f8 8 30a.m. Sept. 5 c2f8 7 30a.m. Sept. 5 q2f8 1 30p.m. Sept. 7 w2f8 4 30a.m. Sept. 9 r2f8 3 30p.m. Sept. 10 q2f6 4 30a.m. Arrives . Sept. 3, 9 00a.rn. Sept. 3, 2 00p.m. Sept. 4, 1 00 . Sept. 5, noon sept. 5, 6 00p.m. Sept. 7, 9 00a.m. Sept. 9, 8 00p.m. Sept. 10. 0 00a.m. Rhein main a to Mcguire . Date departs sept. 3 sept. 3 sept. 4 sept. 5 sept. 6 sept. 7 sept. 8 sept. 9 sept. 9 sept. 10 sept. 10 flight number r2f6 g2f2 r2f2 g2f2 g2f4 g2f2 w2f2 w2f2 p2f2 q2f6 w2f2 Check in 8 30a.m. 11 30a.m. 4 30p.m. 3 30 . 1 30p.m. 1 30 . 8 30a.m. 7 30a.m. 1 30p.m. 4 30a.m. 7 30a.m. Arrives . Sept. 3, noon sept. 3, 3 00p.rn. Sept. 4, 8 00p.m. Sept. 5, 7 00p.m. Sept. 6, 6 30 . Sept. 7, 5 00 . Sept. 8, noon sept. 9, 11 00a.m. Sept. 9, 5 30 . Sept. 10, 8 00a.m. Sept. 10, 11 00a.m. Charleston fab Tor Hein Mai Nab departs . Sept. 2, 7 00p.m. Sept. 3, 7 00p.m. Sept. 4, 3 00a.m. Sept. 4, 4 00 . Sept. 6, 1 30 . Sept. 6, 10 30a.m. Sept. 7, 7 00p.m. Sept. 9, 2 00a.m. Sept. 9, 9 00a.m. Flight number r2f7 w2f7 r2f7 c2f5 q2f7 w2f7 w2f7 r2f7 q2f5 arrives rhe sept. 3, 7 sept. 4, sept. 4, sept. 5, sept. 6, sept. 6, 10 sept. 8, 7 sept. 9, 2 sept. 9, 11 in main 00a.m. 00a.m. 00p.m. 00a.m. 30p.m. 30 . 00a.m. 00p.m. 00p.m. Mcguire afto Rhein main a departs . Sept. 2, 11 30 . Sept. 3, 1 30a.m. Sept. 4, 5 30p.m. Sept. 5, 12 30a.m. Sept. 6, 1 30 . Sept. 7, 1 30 . Sept. 8, 7 00 . Sept. 8, 8 00p.m. Sept. 9, 10 30a.m. Sept. 9, 7 00p.m. Flight number g2f1 q2f1 c2f5 g2f3 g2f1 g2f1 w2f1 p2f3 q2f5 w2f1 arrives Rhein main sept. 3, 10 20a.m. Sept. 3, 12 30p.m. Sept. 5. 6 00a.rn. Sept. 5, 2 35 . Sept. 6, 12 20p.m. Sept. 7, 12 20p.m. Sept. 9, 6 00a.m. Sept.9, 11 00a.m. Sept. 9, 11 00p.m. Sept. 10, b 00a.m. Flight number prefix code a Alaska airlines a Braniff c Capitol d other e Eastern f flying Tiger g Seaboard world a Continental j trans International k Mackey l other m american n Northwest Orient p pan american q overseas National r Airlift International s Reeve Aleutian t trans world u United v other w world x Saturn y other z other