European Stars And Stripes (Newspaper) - July 10, 1985, Darmstadt, Hesse                                Inside stripes igers Roar at nato fighter pilots 3 n school Reading programs 13 d a special group of of the stars and stripes authorized unofficial publication for the armed forces 83 july 1985 is and sunday d 8693 a Dollar plunges on Europe markets dealers blame slide on declining interest rates in London up the Dollar Plum meted on All european Exchange markets tuesday As traders invested in the Gold in the Dollar Sank to below the 3mark closing at Marks compared with mondays the Dol Lar last crossed the 3mark Barrier heading upward months see conversion Page the Pound closed stronger at to the the highest closing in Over a mondays close was traders said the which has spent most of the year above the 3mark level was sliding just about everywhere because of declining interest rates and Clear signs of slowing economic dealers said the British despite weakening Oil surged on the basis of High Sterling denominated interest traders noted that economic indicators have not been very especially the unchanged unemployment a downward pressure on Oil prices and disarray in open were cited As other London dealers said the Dollar will probably fall further before any recovery takes the Dollar closed in Milan at lire compared with Gold Rose in closing at an ounce compared with in the precious Metal finished at up slightly from mondays Silver closed up in Zurich at an ounce against in Silver finished the Day at up from foreign Exchange dealers said pessimism about the strength of the eco nomic recovery is spreading and predicted that the Dollar will continue to fall in the Short i think this is a legitimate turning Point for the a Frankfurt dealer the Market has finally decided to open its train truck crash kills injures 55 a photo an express train travelling monday to Paris from be Havre smashed into a truck which apparently was caught Between automatic barriers at a crossing in the train careened off the tracks in a tangled mass of killing 8 people and injuring four americans remained hospitalized tuesday from injuries but none was seriously according to the americans were identified As Gary Hometown unknown Brake 16 Carrie 15 and Amy All students from yellow who were studying the French language in storms Light sky like cause 6 deaths by the associated press drenching thunderstorms with severe lightning and two Inch Hail caused flooding tuesday that chased More than 200 people from their Homes in southwestern Penn Sylvania and Northern West and six deaths were blamed on the it was like fireworks in the sky All night said James director of emergency management for Westmoreland people were you could hear it in their voices when they a House fire killed four people in and Law Fey said fire officials suspect lightning was the state police in Lewistown said a Man was killed monday in a car truck collision during a heavy and lightning reportedly killed one Man and hospitalized two other people in new at least 120 people were rescued by boats from flooded Homes in Lowling West after swollen Brush Creek surged Over its Laffey an undetermined number of people were evacuated from a Mobile Home Park near new he and others were forced to leave Homes in Ligonier the National weather service said parts of West Moreland county got five inches of rain from a series of although some areas got no Western Erie county got hailstones As big As Golf the weather service it was a line of we Call it a train they just line up from Northwest to the caboose just went Over this said news see storms on Page 28 Stockman quitting to take investment Bank Job Washington a David Stock Man is resigning As director of the office of management and a spokeswoman said he is submitting his Eliza Beth Noyer of the bomb Public affairs of fice administration officials said Stockman would remain on the Job until and a formal White House announcement was expected Margaret a confidential assistant to said the bomb director was accepting a position with Salomon an investment banking firm in new a Secretary at Salomons Public relations Adams Rinehart said an announcement regarding Stockman was planned later in the Day in new has been director of the Bud get office since president Reagan assumed office in january before he was a Republican member of the House from known for his came to symbolize the Reagan administrations quest to scale Back the size of the Federal his Blunt assessments of the governments fiscal situation often ruffled feelings on Capi Tol Hill and in the Many Felt that his Mastery of the complexities of the budget outweighed the temporary anger Over his earlier this Stockman touched off an uproar with his assertion during a congressional hearing that military pensions Are too fat and that Many of the nations Farmers brought their economic troubles on them Reagan dismissed the remarks by i can understand a fellow blowing his but the biggest Flap occurred Early in Rea Gans first when Stockman told an inter viewer that the presidents suppl Side eco nomic formula was nothing More than the old Republican trickle Down philosophy of dealing with the getting visa spouse in Germany takes time Page 2