European Stars And Stripes (Newspaper) - August 31, 1986, Darmstadt, Hesse                                Sunday August 31,1986 the stars and stripes pages Trade deficit hit record $ 18 billion in july Washington a the . Foreign Trade deficit surging toward its worst year Ever zoomed to a monthly record of $18 billion in july the govern ment reported Friday. Even agriculture Long a Bright spot in an otherwise dreary Trade picture suffered its third straight monthly deficit. Imports of manufactured goods were up in almost every category measured despite this year s decline in the value of the Dollar which had been expected to help manufacturing Trade. The deficit for the first seven months of the year now stands at $101.96 billion a Pace that would bring the 1986 total to $175 billion far above last year s re Cord $148.48 billion. Imports in july totalled $35.7 billion up $3.5 billion from june while exports were $ 17.7 billion Down $ 1.4 billion. Trade in agricultural goods showed a norwegian whalers confront . Carrier Oslo Norway a the . Air Craft Carrier Nimitz was met by protest ing whalers in Small boats Friday As it sailed off the Northern norwegian archipelago of Lofoten. Norwegian radio reported. It said the nuclear powered Carrier was approached by 17 boats manned by whalers and relatives protesting . Pressure on Norway to Stop the killing of Minke whales. We Hope our message will reach the american government the Nib new Agency quoted protest Leader Stinar Bas tescon As saying after the boats met the Carrier and then withdrew. Basic san had said earlier the action was directed against environmental Protection  he told an Oslo newspaper before the protest other people fight for higher pay we fight for being allowed to keep our  in March norwegian authorities announced a provisional halt in the com Mercial catching of Minke whales after the 1987 season. Whaling organizations blamed pressure from some foreign countries including the United states and from environmental groups for the decision. The Nimitz is one of Many Nat vessels taking part in Northern wedding an amphibious exercise that began Fri Day in the northeastern Atlantic the English Channel the Irish sea the Northsea and approaches to the Baltic sea. It will continue until sept. 19. Plan would make states of Philippines puerto Rico Phoenix Ariz. A the time is economically politically and militarily perfect to make the Philippines and puerto Rico the 51st and 52nd states a Backer of the proposal said Friday. About 90 delegates most from the Philippines Are meeting Here through saturday for the first International statehood conference to set up what they envision As a Clearinghouse to expedite the statehood dreams of colonies principalities and nations worldwide said Tamalio Mel Alvararo. The work of the first conference will be largely exploratory he said. Although they sent no delegates groups in Ireland the French Island group of new Caledonia the Canadian province of British Columbia and the . Virgin islands Are interested in the conference Alvararo claimed. He said most of the mexican states along the Border also Harbor some inter est in joining the Union. Alvararo 50, a Philippines educated civil Engineer who has lived in los an Geles for 13 years disparaged the logistical and cultural problems that might ensue from a United states whose westernmost outpost was 8,000 Miles from the Mainland. Russia has 14 time zones we d have 12," he said. The United states needs new blood because of an aging population the Mammoth growth in International Bank ing and Commerce everywhere on the Pacific rim and soviet incursions into third world politics he said. Deficit of $248 million following deficits of $348.7 million and $71.2 million in May and june respectively. Officials said that before May there was no record of a farm deficit in the current series of figures that goes Back 20 years. August 1986 Trade in manufactured goods showed a $16.1 billion deficit in july far above the $ 12.7 billion in june. Heavy contributors included imports of $4.3 billion in foreign cars including $2.5 billion from Japan $2.7 billion in clothing and footwear and $2 billion in electrical machinery. With Oil prices still relatively Low Trade in Petroleum and related products showed a $2.8 billion deficit a hit belter than june s $3.1 billion. The . Deficit reached $5.5 billion with Japan up from $3.7 billion in june $4.2 billion with Western Europe up from $3.8 billion and $2.3 billion with Canada up from $1.9 billion. Bad Day for travellers is photo by gut Schuell Lar the normally Bour Long trip from Frankfurt to Wuerzburg Germany turned into a three hour ordeal for travellers on the autobahn saturday. Traffic backed up for 25 Miles As numerous accidents spoiled and delayed Many  fun seekers. The Situa Tion would have been even More chaotic had it been a weekday with the truckers also on the Road. Hunt Brothers seek bankruptcy court Protection Dallas a the billionaire Hunt Brothers placed a major company under bankruptcy court Protection Fri Day signalling what could ultimately be the dismantling of one of the nation s legendary fortunes. The chapter 11 petition was de signed to prevent Banks from seizing assets. The Banks Are trying to recover $1.5 billion in de faulted Loans to the Hunts Placid Oil co. And pen Rod drilling co. Foreclosures could have begun As Early As tuesday on Texas assets used As collateral Nelson Hunt for the Loans but the filing protects the Hunts  Bunker Hunt William Herbert Hunt and Lamar Hunt allege the Bank Sare trying to Comer the offshore drilling Market by putting the two companies out of business and they have tiled lawsuits seeking $14 Bil lion from the Banks. The Hunts Fil ing Friday in new Orleans placed Only Placid under bankruptcy court Protection but family spokesman Keith Burton in Dallas said other action to protect Penrod was Possi ble. Burton said the action was Force Don the Hunts by Lamar Hunt the 23 Banks seeking assets to pay off Loans. Placid a is billion Oil company and one of the country s largest privately held firms filed its chapter 11 petition in new Orleans because most of its Domestic assets Are in Louisiana or in the Gulf of Mexico Burton said. Among the assets the Banks were try ing to seize was the Hunts downtown office Tower which was scheduled to be auctioned tuesday on the courthouse Steps. Burton said Placid s assets exceed its liabilities and the company will continue to operate under court super vision. The Hunts have fallen on hard time since the worldwide plunge in Oil prices. Assets such As drilling rigs and leases once valued at $2 billion or More now arc said to be basically worthless. But the financial woes of the Brothers heirs to legendary Wildcat Ter . Hunt began surfacing years ago when Nelson Bunker Hunt and William Herbert Hunt lost some $1.3 billion in what some called an attempt to Corner the Silver Market. Analysts said that the Hunts lawsuit against the Banks was most Likely a Stal Ling tactic. On wednesday . District judge William Barefoot Sanders in Dallas denied a Hunt request to postpone the foreclosures. Still Burton said the family will fight to save its companies. William Hunt