European Stars And Stripes (Newspaper) - July 6, 1986, Darmstadt, Hesse Military can t go sunday july 6, 1986 the stars and stripes Page 27 Goodwill games m press dispatches Washington defense Secre tary Casp Weinberger has barred 11military members and a . Navy employee Flam joining an american Amateur Bong team at the Goodwill games in Moscow according to . Amateur boxing federation. Among the soldiers who were or dered not to Job the Amateur team at the games Are three . Champions according to a team spokesman. Defense de payment regulation prohibit military personnel from Tak ing part in an to be political in to Benefit select Agency or com me Pentagon said in athe Goodwill the soviet govern Ivity determine lure or intended or profit an concern the statement sponsored it and theurner broadcasting system include about 75 events involving thousands of athletes from More tha\50 coun tries. They Are the first Suth game involving the United states and the soviet Union since 1976.nine boxers including eau enlisted men and one Marine be among 32 boxers from the states joining the contests Asan army sergeant who was to team coach. An army physician a civilian employee of the Navy was to be the team manager were a barred from going to Moscow Amateur boxing federation broadcasting system whose chief executive Ted Turner sin Moscow for the games said it would seek to overturn the network said that the . Ambassador to the soviet Union Arth Hartman opposed Weinberger s dec Sion As did the . Olympic Mittee. Among the boxers prevented joining the games Are three Chai on in their weight classes Elondon a Light flyweight Vin Phillips a lightweight and am Hembrick a middleweight. All Are army enlisted army Boxer Fly get Kennedy Mckinney is Rankin his class in the United Stai the others banned by Wein biker Sorder include boxers Runne Edoll Derrek Wilson Arthur Maynez Donald Stephens and Wesley Vatson along with Henry Johnson m army sergeant who was the teat coach army or. Charles Pillock and Tea manager George Schaefer. Briton wins 10k Atlanta great Doherty overcame defend on Michael mus Yoki onto win the peach tree Roi Kilometre run Down a famous Street. While thousand runners waved am showed off their state itunes Doherty fend from mus Yoki who Lama race twice. Doherty finished27 56, two seconds Cord mus Yoki set la de Eyestone of third place and Tasville ga., was Crete wait first woman Aci time of 32 09. In in s John Champi m Friday ice a 10 Ita s most serious flags or Liberty cos a Challenge won the at in a time of or than the re Avo Utah too Tuttle of Doug i. Lorway was the the line with a Simpson Cromwe around Leader Lead by 2 Conn. First so Simpson shot a sports wire 130 and a two smoke Lead Over Surg ing Tom Watson after two rounds of the $700,000 a Tater Hartford , who led by one stroke Over Watson i Dan Foreman an South african Penis Watson after his opening-round/64, had five birdies and the 6,786-Yard tournament plays club of Connecticu course. F 10 shot a 67, pulled clo Erith birdies on the last Atson has not won on the since the Western open Watson to Simpso two Toui two years forum son at also at shot a was a shot Back of wat with a second round 68.3 was Roger Maltbie who Friday. Clings to Lead Karland Texas Amy win less in three years on the tour fired a 1-under-Par 71 to retain her two stroke Lead in 1300,000 Mazda Hall of Fame Pion ship. He 24-year-old former College All Perica at Southern methodist stood under 138, two strokes ahead of my Alcott who shot a second round for a two Day total of 140.1 Deb Richard moved into third place at 141 after a round of 70. Richmond wins 400 Daytona Beach. Fla. Timich mond got a break and buddy or ran into some Tough Luck Ashmond won the slowest Ever fire Ker 400 Friday at the Daytona National Speedway hmong took the Lead with when Dale Earnhardt blew Bis engine and hit the Wall coming out of urn one in front of Baker. Rich mond ripped by Baker who Wasslin Dudly the smoke from Earnhardt s car. Mani writ was not never relinquished the Lead after vie caution Flag was lifted with three laps left in the 160-Iap race. It Wasilis first Winston cup Winat Dayton Aahis Best previous fire Cracker Fini Sawas an 11 thin 1984.sterling i rain finished second behind followed by Darrell Waltrip and steady 66 Friday for a 12-under-Par 1.39 second Bobby Hillin Kyle Petty. Leafs a Toronto been named i to Maple owner the announcement would take Over who quit two weel to win a Long term no details were spokesman Bob lived no formal been signed. Bro sign a one year c _., heatedly has said he new coach to a longer Brophy bom in Scotia has been Wii a animation the past f was Maloney s assist i vember when he took of the St. Catherines american hockey the saints who to to Newmarket Ontario City s name posted a during the past regu dancing to the Semi Fin eliminated in seven Hershey bears. Brophy John Brophy has Machof Theoron id Bollard made that Brophy 51, n Dan Maloney ago after failing itral. And club said he be Ament had yet is expected Toas Ballard re ill not sign attract. N so Nova Leafs or seasons. He until last no Iver As coach its the Leafs farm team last month took that29-5 record season and before being Imes by the Trade group reports weakening Economy new York up the Economy weakened dramatically in june As measured by actions and expectations of Pur chasing executives in the manufacturing sector the National association of Pur chasing management reports. The purchasing mangers Index fell to 49.6 percent in june after a Sharp Rise to 54.4 percent in May. It was the largest one month drop since january 1984, when the Index fell almost 10 percentage Points from 70.4 percent a Reading below 50 percent indicates a declining Economy while above that Point signals expansion. The Index widely followed on Wall Street is a seasonally adjusted figure based on answers to the group s monthly Survey of purchasing managers in 250 Industrial companies representing 21 industries in All 50 states. It coven new orders production employment inventories Vendor deliveries and other Vita signs for manufacturing. New orders fell to their lowest Levels since 1985, an indicator that should be watched carefully in the coming months said Robert j. Bretz Purchas ing manager for Pitney Bowes inc., who Heads the purchasing managers group s Survey committee. Bretz noted that production Levels declined dramatically in june employment and inventories were Down and for the first time in 19 months More purchasers reported prices higher rather than another signal of a weaker Economy was the improvement in the Speed of Vendor deliveries Bretz said since Ven Dors can fill orders faster when businesses slow. The Economy did a Complete Turna round in june after the Strong increase in May he said. With every indicator off1, we Are going to watch the next few months very carefully to see if this con in the important new orders category 27 percent of the group s members re ported better conditions Down from 34 percent in May. Only 25 percent reported higher production Levels Down from28 percent in May. Inventories were generally in Good shape. Twelve percent reported higher inventories in june Down from 19 per cent in May. But Bretz said it was significant that the 24 percent that reported lower inventories outnumbered the two to one something not seen since december 1985." Market Boom fizzles in pre Holiday trading new York up three Days of record breaking fireworks fizzled thurs Day As Stock prices closed lower in Light pre Independence Day trading. The Dow Jones Industrial average which set highs monday tuesday an wednesday dropped 8.16 thursday to 1900.87. The Dow closed above 1900 for the first time tuesday. Losing issues outpaced winners 868 657 among the 1,979 issues traded. Standard and poor s 500-Stock Index fell 0.91 to 251.79. The new York Stock Exchange composite Index eased 0.48 to 144.67. The Price of an average share fell 14 cents As 108,260,000 shares changed hands compared with 150,000,000wednesday. Traders said futures related sell pro Grams kicked the Market Down in the morning. Scattered profit taking before the Holiday weekend pressured prices for the remainder of the Day they said. Jon Groveman head of equity trading at Ladenburg Thalmann and co. Said Selling could persist next week. Whether or not the Federal Reserve &9ard cuts its discount rate the Market will go through a Short period of consolidation he said. With the Dow having reached 1900, it would be Normal Ana expected for the Market to work off some of its excesses said Groveman. The downturn in stocks occurred de spite higher Bond prices. Bonds Rose As investors in that Market waited fora Dis count rate Cut analysts said. Those expectations were bolstered by the labor department s release of weaker than expected unemployment Dat thursday. While civilian unemployment declined 0.2 percent to 7.1 percent in june the number of people on non far payrolls declined 89,000 and the manufacturing work Force dropped by 56,000. On the trading floor itt corp. Waste most Active Issue adding 1h to 58 a. Burroughs followed jumping 4 a to 71 it. And coca cola was third easing pc to43 a. Prices eased in moderate trading on the american Stock Exchange. Wickes was the most Active a nexis sue unchanged at 6. The amex Index lost 0.20 to 284.59. The Price of an average share fell i cent. Declines beat advances 303-261 Amon the 809 issues traded. Ford offsets Price increase with new Loans bonuses Detroit a Ford motor its car prices by an average of 2.9 percent Friday but also announced new buyer incentives including Loans at 6.9 c ent to 9.9 percent interest or Cash uses of up to $600."we tried very hard to continue to hold the line on car prices for the balance of the 1986 Model year but have concluded it is not practical to do so said Louis e Lataif vice president for North american sales s increases Range from $179 on the Ford Tempo go four door to $939on the Lincoln Continental Given Chy. The percentage increases Range from2.4 percent on the Tempo go now listed at $7,687, to 3.5 percent on the Continental Given Chy now Selling for $27,899, Ford said in a news Cut rate interest and bonuses were to take effect sunday and will cover mos Ford cars and trucks the company said. They apply to vehicles purchased from dealer stocks by oct. I. Loans at 6.9 percent for 36 months will be available on various models of cars and trucks. A 7.9 percent 48-Monthrate will be available on the trucks and an 8.9 percent rate on the cars while a9.9 percent rate will be offered on 60 month Loans for All the covered Loans Are available through Ford motor credit co
