European Stars And Stripes (Newspaper) - October 28, 1986, Darmstadt, Hesse Tuesday october 28,1986 the stars and stripes Crenshaw shortened from press dispatches i Antonio Texas Ben Crenshaw shot a 6-Undrr-Par 64 and scored v one shot Victory Over Payn Stewart unday in the storm shortened 54-Hole Vantage Golf scheduled 36-Hole, two round finish Sud Kay was reduced to one round by thai hit the Oak Hills a entry club course shortly after or chaw and Stewart had completed 13 Tola after a Delalor 2 hours 10 min utes tournament officials announced that the Day s Send round had been cancelled and la tournament concluded Al the end 0154 holes. The Victory we the 12th s career Ana his second of the season. He finished with a 196 total. 14-under-Par, Matching the Low 54-Hole total on the pea tour Cis Victory was Wilh $180,000 and increased Creej Rufca s earning for the season to-$375,6e�. Stewart tied Crenshaw by the leadafter36 holes and collect seven Bir die in a round of 65 for als7 finishing Sec did again Stewart who ended Nis am can sea son in this event look con Malion in a payday that amounted to $8,000,that included si08,000%s the tournament runner up and $310,000as the no. 2 finisher in the Leavan Lage cup Bonus Pool. 1pga Champion Bob Tway failed to qualify for the final two rain this tournament nevertheless the top prize in the Vantage $500,000. Andy bean who also i the Cut got $200,000 for third planted for third at 201 were hander Ernie Gonzales Bobby Ell Ronnie Black and Phil mar. Gonzalez and damped had third round 66s, Black a Fig and Blackm Arshot 68. Canada wins Gol Tup Caracas Venezuela Kanada surged past the United sales sat urday in the final round of Seashow or cup play in the world acc eur Golf team championships to p its firs title in the 28-year-old tournament. Sweden in fourth Pup was Thebes european team. Canada s team Scoyy in the last round was 208 whip the United states which bad Golf no saturday play with a three strop Lead Man aged Only a 214. Caniba s team tall for the 72-Hoie tour agent was 838, while the United stae had 841.for the Canadia Brent Franklin shot a �8 in the Mai round mar Brewer a 69 and Wren Syc a 71. A 21-year-old a Bobian Eduardo Herrera carded under Par 6s to break the Toun Flent s one round re Cord of 66 set memo by Jack Nicklaus playing As an an flour at the Lime. tied the Mark. Herrera first in the tournament in Divide standing with a four Day to Tauff 273, followed at 277by Canada Brewer and say Sigel of the United n wins senior Rosum a. Bruce cramp ton ret Flito pro got after an eight of hiatus in the Oil business won Theata or Chadene sunday by one Strojni Bacr Gary player for Bis fifth Victory besi than six months ton a native of Australia Friday s record tying 65 witha l-unfc�r7l forays undo War 136 in ot$150,000 event who was Fima 54 to 3fi holes when sat s round was rained out. Captures tourney sports wire seko wins Marathon Chicago of than s Toshimi Kiseko out ducted armed Saleh of Djibouti Over the fugal three Miles Sun Day and captured the $285,000 Amer Ica s Marathon Chicago in a personal Best 2 Houis a minute 27 seconds for his Tecona Marathon Victory of the year. F Norway s Grid Kristiansen the fastest woman s marathoner in Nisto to was the first women s finisher in disappointing 2 27 08, much slower than her Jarw besi of 2 21 06.Saleh wished in 2 09 57. Oly Nuoc Bronze medallist Charlies Eddi of England finished third in 2 Iol followed by Michael Lusyo i of nya in 2 10 30, and West Ger Man Emberl Steffny in 2 11 17.sfo collected $40,000, Saleh earned $2sjwo and Spedding got $20.000. Thebe suntan finisher was Bill Rodger inf.15 31 for 11 in Leluti of France was second 1 the women s race in 2 29 51, Fol cd by 41-year-old Priscilla Welchs Britain in 2 31 14, Debbie Rauni gof Missoula Mont in 2 31 28 andr Maureen Custy of Denver in 2 34 41. Tullius Robinson win Daytona Beach Fla. Bob Tullius and Chip Robinson combined sunday to win the attrition filled easter airlines 3-hour Simsa Camel it sports car race in a Jaguar x/r-7 two came Back after falling be Hind a fun Lap because of an off course excursion by Tullius with about 45 min uses remaining in the race at Speedway. Tullius 49, Slid the car about 100rds Carou the bumpy infield grass i was Able to continue winners covered a race record 97%ps, or 345.32 Miles. That trans Latef tto 113.979 Mph breaking the Marl of 107.394 set in novemberl9b4y Al Holberg and englishman Erel Fiell in a four places went toorsch4962s, which had dominated races of Daytona 2.56-mile Road course Uwe cent Fobb and Rob Dyson were second it minute 6.29 seconds be Hind the Winnem followed by the entry of fibrin Brassfield and John Morton for co driven by Bob Akin and James Weaver of England an another Shad by Bob Wosilek of France. Paob Barilla of Italy and John Winter West Germany. Graf win trefly Polly Brighton England top seeded Steffi go of West Germany swept to her a igme tournament title of the year sunny with a 6-3, 6-3 Victory Over Fia ceded Catania Sandqvist of Secan in the final of the $200,000 Prem Polly women indoor Tennis lol indecent. The 17-year-old West German ranked third in the world took just 60 minutes to win first Lille Maritain. She collected . Races postponed Martinsville reinforced a one week poem Njmen of sunday s scheduled win Louie 500at the Mani Neville speeavy., track spokesman said the other two races m the Nasca triple header a Fol be held not sunday. Of Al a a top financiers vie for Conrail shares Washington a drawn by visions of glittering profits top Finan Ciers Are clamouring for a stake in the billion Dollar Syndicate that will pro Pel the government s Conrail freight Railroad into the private sector. The Syndicate set up by Congress shortly before its adjournment earlier this month will Lake on the potentially lucrative sales Job of moving 25 Mil lion shares of Conrail Slock out of fed eral coffers and into the hands of Pri vate investors. With the Ink barely dry on the tale plan some two dozen Wall Street in vestment Banks already have asked transportation Secretary Elizabeth h. Dole for one of four to six spots As co Lead managers of the Syndicate. Underwriters who take pan in the Syndicate will risk their private capital by buying the Stock from the govern ment and attempting to resell n for a profit. But manager also stand to reap Siz Able fees from the Sale of the 13,500 mile freight line rescued in 1976 fro the ashes of the once mighty Penn Central and six other rust Belt rail roads that had reached the end of the line financially. President Reagan had pushed forthe Salt saying Conrail had been a Ward of the taxpayers Long enough and needed to be privatized much As conservative governments in Europe have been Selling off assets such As British airways. The beneficiary of $3.4 billion subsidies Between 1976 and 1981, Conrail has shown a profit forgive years posting 1985 earnings of $442 million on revenues of s3.2 Bil Bill approved by Congress sets a non binding goal of at least $2 billions payment for Conrail. The measure also endorses Dole s aim of laying greater stress on guaranteed service than on wringing out a maximum Price for the Railroad. The latest plan follows a drawn out Battle Over Conrail in the House and Senate Between two Wall Street Syndi Cates and Norfolk Southern corp., the Virginia based Railroad holding com Pany. The bidding ranged from $1.2 billion to $1.8 billion. That fight deadlocked when Dole re fused to relent in her backing of nor Folk Southern while rep. John Ding Ell d-mich., chairman of the House Energy and Commerce committee was just As Adamant that antitrust problems in the plan threatened ship pers with a Price squeeze. While Norfolk Southern eventually withdrew from the fray it would note barred under the legislation from any eventual takeover of Conrail on of its major direct competitors in the nation s heavy Industry Bell stretching from East coast porn West to Chicago. The legislation bars any non rail Road from acquiring More than 10 per cent of Conrail s Slock Tor its firs three years in the Market. But railroads would face such a limit for Only one year thus in effect getting Etwo year amp on any corporate raid cars from outside the Industry. A statement from Dole s office Las week said the Bill prudently recognizes that Conrail May eventually need Strong Railroad Parent in order to sur Vive. The Bill Wilt allow another rail Road starting a year after enactment to acquire Conrail with the approval of the interstate Commerce commis Dole also has said that she would Start with a clean slate in choosing investment Banks to manage the Syndi Cate. The legislation says those chose must have sufficient capital and exper Tise and that special consideration should be Given to those who already have contributed to the privatization Effort. Investment Banks that have been involved in the Sale plan until now in clude Goldman Sachs & co., a Consul Tant 10 the Reagan administration on the Sale Morgan Stanley & co., an adviser to Conrail s Philadelphia based management and head of a Syndicate that dulled with Norfolk Southern plus Allen & co. And first bostoncorp., joint Heads of another Syndicate involved in the Capitol Hill Battle. The prominence of investment houses in the Battles to Date has not deterred � wide array of other firm from pressing Dole for a Chance to pre sent their sales Pilch. So e plans to hear from about a dozen or roughly half of those who have expressed interest. Other provisions of the Law would require a payment to the Treasury from the newly flush Conrail of at least$200 million and empower Dole to re quire an additional $100 million. The Railroad s pension fund has been de scribed As Over funded by $200 million Money thai a buyer could Transfer to Cash on hand. Safeguards were included to prevent breakup of Conrail and dividend payments May not be made unless the company has a minimum Cash balance of $400 million. Maintenance May note deferred to allow for dividend pay average Gas Price fell 1c since oct. To los Angeles up Olaf average retail Price for a gallon a dropped almost one cent in the weeks the Lundberg. Survey sunday. The biweekly Survey of about 16,000,gasoline nations nationwide How eur average Price for a gallon of tujw.24 was 84.73 cents Down my cent since oct 10, Survey by Fleher Trilby Lundberg Huu aug of intent the fact that whole Sale Prica Dir med Only one third of a cent in fraud. Retailers appeared Mohave Loffa half cent of their Overall Gross Profir margin White average taxes remained the tame. The smaller Thanet retail Sugiha meat the retail Price cuts could ecu altogether to weeks if wholesale prices regular i at Ruoli Riesold of 71.46 menu on oct. 24, regular Iliad a priced at 76.53cents and porn lain unleaded 91.20 menu. The full service Rte Price for regular leaded we Iak 6 t gallon regular unleaded was inca he s107.9a gallon and Premium uneab%tjtl.l7 a gallon
