European Stars And Stripes (Newspaper) - November 27, 1986, Darmstadt, Hesse                                Thursday. Now new 27. 1988 the stars and 8twpes pm . Trade deficit continues its decline Washington up with exports on the Rise the . Merchandise Trade deficit Crank Tor the third consecutive month in october to $12.06 billion in lowest level Tince August 1985, the Commerce depart ment said wednesday. Export apparently buoyed by the leaner Dollar jumped $1.81 billion last month to $ 19.33 billion Tow highest Tince March 1985. Manufactured Porti rose11.12 billion to is 3.37 billion also the Ben showing in 19 months. Import Rose by about $311 million the first rite i three Montha to $31.39 billion the i beit level since july. Manufactured import up $1,72 billion to$24.47 billion More than accounted for the gain. Oil import on the other hand fell crude Petroleum com into the United state in october was valued it  billion Down $19 million dollars from the previous month. The balance of agricultural Trade Alto looked brighter. A $519 million jump in Export boosted the Ameri can surplus in firm Trade to 1673 million the highest level Lince november 1985. Agric Lulal Trade posted deficit Between May and july but hit remained in the Black for the last three months. By Region the Trade balance improved Moil dramatically with the developing world with the . Deficit with the third world narrowing by about $950 million to $4.03 billion last month. America s Trade position also improved in respect to Western Europe where the deficit fell Beck about 144 million to 11.38 billion. But the Trade up widened with Japan by abouti860 million to 4.98 billion the highest in three  the shortfall with Canada increased by about 90 million to 11.38 billion according to estimates compiled by the department Henttu Bureau. The Bureau keeps a separate let of revised figure for put months but cautions against comparing cur rent unrevised figures with the revised historical table. According to the revised lift the Trade balance Rote from $14.03 billion in August to 114.74 billion in sep tember. Over the firm 10 months of the year the deficit was running at an estimated annual rate of $167,9 billion up from last year s record $148.5 billion. The monthly shortfall towed to a retort $18.04 billion in july but hat since fallen sharply. The 35 percent to 40 percent drop in the Exchange value of the Dollar against major foreign currencies it widely believed to account for the recent reversal and most analysts believe the Trade picture win improve significantly next year. To perk up an executive give him those Little extras Chicago a maid service and Hunting lodges May be tasty As executive bait but the most popular Perks for top management Are still free cars club memberships and hot tickets according to a management consulting firm a Survey by . Hansen inc., of $86 businesses nationwide revealed tuesday that 90 percent of the companies believe that the Little and not so Litile extras Are important in the executive marketplace. Apparently most organization that employ Perks feel they Are important in attracting and retaining lop executive Talent said Philip Hender son Hansen senior vice president Perky Are difficult to ignore for Only is percent say they Are not important Tor status and tax purposes Henderson  Survey by the Deerfield 111., firm found that for sheer popularity. No perk beat having a car provide for specified executives with 78 per cent of the companies doing so. Of the businesses that do provide cars 91 percent permit personal use of them. The autos also were the Only perk equally popular among Small and Large  who get the cars though Are less Likely to get some of theting status trappings that might go along with them. Only 14 percent of the companies offer chauffeurs and Only 18 percent offer ear Tele  Henderson said the second Fig ure appears to be growing. Another popular perk is country dub membership with 60 percent of the midwestern comparet providing them. In addition 56 percent of the employers offer lunching and dining dub  there Are the tickets to theatrical and sporting events. The sur Perto for cos in Prant of to Pete maj to 1m4 vey said 56 percent of the companies pay the full Cost of such items an that figure rises to 72 percent where financial institutions such As ban Sand savings and Loans Are concerned. Travel is another important perk but going in style is not quite so important the Survey said. In the Midwest Only 33 percent of the employers offer first class sir travel to some executives while 61 per cent insist on coach Only. Company air planes also Are limited with only31 percent of the businesses mainly the largest maintaining them. Then there Are the rare Perks. Of the companies which responded 4 percent maintained Hunting or fishing lodges for their executives 3 percent paid the full Cost of living Quarter Sand 2 percent offered maid or clean ing services. Push to hike Black Gnu announced by lawmaker Washington Rupi the outgoing chairman of the House Small business committee tuesday announced a coordinated Effort to double the Blade Post National product and crack the private Sec Tor open More than it is for minorities. Rep. Parren Mitchell d-md., met Mon Day with represent lives of civil rights groups and on tuesday with officials of minority Trade associations and profession Al organizations to develop the Overall game plan to meet those goals what brought about these meeting was the fact that increasingly a number of Black and minority organizations Arenow moving into economic empowerment he  Are encouraged by the proliferation of these efforts he said. I thin there s a kind of consensus that economic empowerment is the next logical phase of the civil rights struggle Mitchell who is retiring this year alter eight terms in the House said the minority business Enterprise Legal defense and education fund inc., of which he i chairman will act As a Central Hub Over la efforts. He told reporters the efforts Are aimed at attempting to double the Black grass National product the total of goods an services produced within the Black Community from its current $200 billion annually in five years. A second goal is to crack the private sector More open than it is for minority firms to see a much More significant breakthrough he said. Mitchell said the civil rights and professional groups would coordinate their lobbying efforts on behalf of minority businesses at All Levels of government he said initially they would push forbore minorities on the House Small business committee and a legislative Agenda in Congress that there shall be no further Retreat on the part of the fed eral government in its efforts on behalf of minority  Bank announces settlement in suit Over alleged violations Chicago up Continental Illi Nois corp. Tuesday announced it Hai agreed to pay $17.5 million As an out of court settlement in a class action lawsuit that alleged the Bank violated Federal securities Laws from 1982 to 1984. The payment will Settle a lawsuit filed by people who purchased Continental Illinois shares from july 21, 1982, through july 11,1984. The suit alleged Continental illinoiscorp., Continental Illinois National bark and Trust co. Of Chicago and five former or present officers and directors of both organizations violated Federal securities Law by reporting inadequate loan toss provisions and overstating earnings during the two year period. In the settlement. Continental Luwis will pay $ 17.5 million and in return the lawsuit win be dismissed. Funds for the settlement win come from a Reserve set aside previously and Wilt not have an Impact on current operating remits the Bank said the settlement is subject to review and approval. The approval of the settlement would resolve the last pending Continental Illi Nois shareholders class action lawsuit against the corporation involving the institution s financial disclosures prior tothe unprecedented $4.1 billion govern ment bailout that rescued the Bank froma Tea of bad Loans in 1984. Japanese firm to build Beach resort in Hawaii. _ _  _ � t .i_u,4. A. Inland