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Publication: European Stars and Stripes Saturday, September 23, 1978

You are currently viewing page 26 of: European Stars and Stripes Saturday, September 23, 1978

   European Stars And Stripes (Newspaper) - September 23, 1978, Darmstadt, Hesse                                Saturday september 23, 1978 defense chief stresses urgency Azacs decision urged Washington up defense Secre tary Harold Brown said thursday Ger Many must soon make a decision whether to play a leading role in buying a $1 billion plus Fleet of . Radar planes for the nato Alliance or risk a changed climate in trans Atlantic weapons agreements. Brown discussed the proposed Sale under negotiation since 1972, before a House armed services subcommittee hearing on standardization of nato weapons. Mem Bers said the United states has already bought several european weapons in re turn and asked How Long the Deal would drag on. I think the time is coming when we Are going to need a decision said Brown. If it is not forthcoming further Steps by us will not be  Brown said the German government has decided in principle to go ahead with the Purchase and plans to seek approval of funds from its parliament next month. Getting funds from parliaments can of ten be a difficult and time consuming pro Cess he said. The planes in question Are Azacs air defense Craft that Cost $128 million each and carry sophisticated radar and computer systems that can warn of attacking air Craft and direct fighters to them. Under the plan worked out for the Sale several nato nations will share in the Cost of the planes with Germany paying the largest share of any european nation. Negotiations have been Long and diff 15 most Active new York up the 15 most Active stocks in new York Stock Exchange composite trading at 4 . Friday sales last chg. Ramada inns 712,000 Kencht car 372,400 pan am air 317,800 Caesars old 309,200 Bally mfg 298,200 Ashland Oil 297,300 Artel Tel 254,400 warn Lamb 252,400 genl electric 246,200 Boeing co 219,500 Holiday inns 214,400 Webb Del 196,100 Polaroid up 194,100 Ralston Pur 193,500 Braniff Fantl 191,600 16% i cult. When Britain dropped out last year the size of the proposed Fleet was pared from 27 to 18 of the Azacs planes and the United states agreed to pay 25 percent of the Cost itself. Rep. Richard Ichord d-mo., said the . Is already buying the French German Roland missile has agreed to use a Ger Man 120mm gun on a new Battle tank and is buying German trucks for use by its forces in Europe. They Are continuing to procrastinate on Azacs he said. Brown agreed on the . Purchases but said that when they Are included the . Still Sells about 15 times More arms in value to Germany than it buys there a Point he said that is frequently pointed out by the germans. . Weighs entry visas for Rhodes an leaders 13% 27 /4 87va 53 a 44% 60% 27% 52vj 64 /4 25% 27% 350 a 14% Viva amex 10 most Active new York up the 10 most Active stocks in american Stock Exchange composite trading at 4 . Friday sales last chg. Instr mss 361,200 1% resorts a i -217,200 47vi it Allied artist 188,600 6 i resorts Intia. 124,400 140 /4 i Sunda Ceoil 119,800 20 /4 2 /8 Norte Klinc 96,600 15 to % Hartz mount 91,400 10% % Synte corp 71,500 33 a % research cot 61,600 21% % financial in 60,100 15 a vib Washington up the state department is wrestling with the problem of whether to approve entry visas for Rhode Sia s prime minister Ian Smith and other leaders of a government it considers Ille Gal. State department spokesman Tom res ton said thursday that Smith and other leaders of Rhodesia s biracial transition government have applied for visas to visit the United states. The state department is now consider ing the applications and will make its Deci Sion known in due course said Reston. He declined to anticipate what would happen to the applications. . Officials have constantly pro claimed their neutrality on the rhodesian question even though the . Has rejected Smith s transition plan and insists on an Anglo american proposal which would in clude two guerrilla factions of the patriotic front whose leaders Joshua Nkomo and Robert Mugabe have been exiled. The rhodesian group was invited by sen. . Hayakawa r-calif., and 26 other senators. Hayakawa said he received an acceptance from Ndabaningi Sithole chairman of the executive Council of the transitional government. Sithole said he and Smith would be arriving in Washington oct. 2. Sithole wrote i have sufficient Confidence in american beliefs in Justice and Freedom of expression that the visas will not be  Reston confirmed that Smith Sithole Dow Jones averages new York up Dow Jones closing averages Friday High Low close change so industrials 868.16 855.42 862.44 1.30 20transport 243.82 239.09 241.58 0.43 15 utilities 106.56 105.31 105.72 0.27 65 stocks 301.02 296.36 298.75 0.03 stocks stocks Courtesy of Dean Witter Reynolds Frankfurt Dusseldorf prices at 3 . Seot21 seot22 address graph Allied chem Allisch Alcoa Arda Hess Amaler Flor am airlines am brands Abc am can co am Cyan am Al per am Home am motors att Ampex Ashland Oil at Rich Avon Bell & How Bendix Beth steel Boeing Borden Brunswick Burroughs celanese Chase Manh chess. Ohio Chrysler Clark equip Cluett pea 25.6 36 34.2 45.1 29.6 33.5 16 50.3 56.4 39 29.1 23, 29.5 6 60.6 16 43.7 51.5 56.2 20.7 38.4 23.1 61 29 16.5 78.6 44 33 46 11.7 37.3 12.6 26 37.5 34.6 45.5 29.7 33.5 15.7 50.5 57.7 38.6 29.3 23 30 6 60.6 16.1 44.2 51.7 56 20.4 39.3 23.3 65 29 16.6 78.6 43.7 33.1 45 12 36.7 12.5 coca cola cold Palm lbs Conw de con Edison cont data Deere co dig equip Disney Dow chem Dupont Eastern air Elk 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 Gulf Oil sept21 sept22 43.7 20.6 57.3 26.4 24 37.3 35 49.5 40.4 27.7 121.6 13 62.1 50.1 36 13.3 30.4 39.6 44.4 60.1 52.3 32.5 35.2 62.5 18.3 30.1 32.4 20.3 17.1 28.4 19.4 25.7 43.6 20.6 57 26.3 24.1 37.5 35.1 50.6 40.7 28.2 124.6 12.7 62.4 50.4 35.7 13.3 30.3 40.3 44.6 83.2 52.7 32.6 35.5 62.4 18.4 30.1 31.2 20.5 17.2 28.5 19.3 25.6 Gulf & West Hilton Honeywell Houston Oil ism int paper itt item corp Johns in Vale Kaiser Alu Kennicott Kraft co Libby Owen Litton Lockheed Macy Marathon Martin mar May depart Mcdonald s Mcdonnell d Mem Mem Mobil Oil Monsanto Nat sem icon Nat Gypsum Nwe Stairl Natoma nor corp Ohio Edison Olin corp sept21 13.7 51 65.5 23.6 284.1 44.2 31.4 24.6 31.2 34.6 27.7 48.3 27.4 22.6 28.2 41.4 50.3 33.3 25.4 51.2 31.2 41.7 59.6 69.3 57.2 27.7 19.1 30.6 47.2 61.6 17.3 14.4 sept22 14 53.4 65.2 23.7 282.7 44 31.3 26.3 31.7 34.7 27.4 48.4 27.6 23.3 28.7 41.3 49.4 33 25.4 51.4 31.3 45.4 60 69.6 57.6 27.7 19 30.3 48.2 60.6 17.5 14.6 sept21 sept22 Owens Iii pan am air Pepsico Pfizer Phil Morris Polaroid proc Gam Raythelon. Ria re pub steel Revlon Royal dutch St Regis p Sears Shell Oil Sperry Rand san feint Tel Edyne Texas inst Texas util Twa travellers Union carb Union Oil Union Pac uniroyal uni Tairl us steel West Nuhse Woolworth Xerox Zenith 22.1 8.5 29.4 35.1 71.6 49 87.2 47.6 29.1 25 52 62.5 31.6 22.7 34.4 45.2 35.2 99.7 64.7 20.1 25.4 36.7 39.6 51.7 51.4 7.3 37.2 26.3 21.5 20.4 54.7 16.2 22.2 8.4 29.1 35.4 72.3 50.1 87.4 47.4 29.2 25.1 52.6 63 32 22.7 35 44.7 36 99.2 85.2 20.3 25.3 37.3 39.6 52 51. 4 7.4 37.3 26.2 30 20.7 55.2 16.2 Bishop Abel Muzorewa sen. Jeremiah Chirac the executive Council and 10 other rhodesian government officials applied for visas at the . Consulate in Johannesburg South Africa. Shield slowing to shield the weekenders Hanau Germany the latest euro Pean War was expected to slow to a Snail s Pace this weekend to give germans Back their roads and recreation areas. Opposing forces playing in the v corps exercise certain shield dug in Friday to protect their positions. Large troop move ments were to be kept to a minimum one of the Man Euver umpires said. The slowdown was to last from about dusk Friday until Dawn monday when the defending Blue Force is expected to counterattack a v corps spokesman said. A High ranking officer in the aggressor Orange forces said the command feared that a tank roaring Down a wooded Lane would run Over residents taking part in the popular German pastime Volks marching. The exercise is unfolding in a 2,500 Square mile area Between Frankfurt Wurzburg and Karlsruhe. Meanwhile it was reported Friday that 13 persons have been killed in the nato War games in Progress in Germany. Four of the dead were americans . Military authorities said. Helicopter crash a . Helicopter Pilot whose name was withheld pending notification of his rela Tives died when his helicopter crashed during exercises in the certain shield a never in the Frankfurt area. Another . Soldier was injured in the crash. . Mili tary authorities said the injuries were not serious. Two . Servicemen died in an Acci dents during preparations for the bold guard Man Euver in the North of Germany. Another . Soldier was killed while acting As ground Man for a truck during the Saxon drive Man Euver in North Ger Many. An oncoming civilian car struck the truck which then ploughed into the sol Dier according to . Military author  German soldiers a Canadian sol Dier and a British Soldier also died in the Maneu vers which Are part of nato s an Nual autumn series. The exercises bring soldiers from nato countries to West Ger Many to test How quickly troops stationed Here could be reinforced in the event of a full scale military  German civilians also have been killed the West German news Agency spa  woman was run Over by a tank As she crossed the Road during the Blue Danube Man Euver in South Germany. The tank Driver said he had not seen the woman. The stars and stripes Page 27 poll lists inflation As top worry new York up a majority of americans interviewed in a Harris poll re leased thursday put inflation at the top of their list of worries with other economic matters close behind. In the Survey of 1,442 adults nationwide 69 percent said getting inflation under control should be the country s top priority. Thirty one percent citing Federal spending As the primary fuel of inflation called for Sharp cuts and 28 percent gave top priority to control of health costs. This Survey. Indicates that the american people Are now As close to being single Issue oriented As they have been in some time the Harris Survey report concluded. Inflation is believed to have a pervasive Impact on nearly All phases of life in this  other issues of concern were unemployment with 30 percent of those surveyed calling for government creation of new jobs. Twenty percent gave High priority to welfare Reform and 23 percent put control of crime near the top of the list. Other priority worries included control of air and water pollution and restoring integrity to  running of bulls is reopened in shortened form Pamplona Spain up the annual running of the bulls suspended in july amid bloody riots reopened Friday in a shortened four Day form that lacked the usual crush of american and other foreign thrill seekers. The traditional rocket announcing the Start of the san Fermin festival was fired off at midday while mostly local Basque merry makers danced drank and Sang in the streets. No immediate incidents were reported. The first of three Enci Erros when daredevils run with six fighting bulls through the streets of this medieval City was to take place saturday morning. Bull fights were scheduled saturday afternoon and on the two successive afternoons. American writer Ernest Hemingway made the fiesta famous with his novel the Sun also  in july one Young Man was killed and some 150 people injured when riots erupted three Days into the we Klong event. Russ expect Good Harvest Moscow a president Leonid i. Brezhnev said the soviet Union will have a Good Harvest this year confirming Western predictions of what May be a re Cord Grain crop. Conversion rate London a Friday s closing rates of the . Dollar to european currencies. Figures Are expressed in dollars to the British Pound other local currencies to dollars sept. 21 British Pound .j.98365 German Mark 1.9513 French franc 4.3720 dutch Guilder 2.1220 belgian franc 32.105 italian lira 824.30 Swiss franc 1.51695 greek drachma 36.784 turkish lira 25-25 Spanish peseta 2.95 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 1.94 on monday which is based on Price fixing at midday and allows for Standard handling charge. Sept. 22 1.9710 1.9540 4.3750 2.1225 32.105 827.35 1.5240 36.717 25.25 73.12  
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