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Publication: European Stars and Stripes Wednesday, December 10, 1986

You are currently viewing page 7 of: European Stars and Stripes Wednesday, December 10, 1986

   European Stars And Stripes (Newspaper) - December 10, 1986, Darmstadt, Hesse                                Wednesday. December 10. 1986 the stars and stripes Page 7 Caterpillar barters its machines for profit peor1a, 111. A one company wanted 10 Trade coffins for bulldozers. Thai Deal fell through but Caterpillar inc. Has bartered its machines for men s suits Limber and hotel rooms As it tries to make Money in a changing Market. It s really going Back to the Cave Man Era says Rich Builteman vice president of Caterpillar world trading corp., the subsidiary that arranges bar Ter and other cashless Trade packages. Bull can said monday that Cater pillar created the trading subsidiary two years ago to Benefit from a growing global trend inc Exchange of goods without Cash. Since then he said s1do million Worth of equipment has been sold through bartering sales thai otherwise would t have been. Caterpillar does not want 10 go Back to the Caveman Era. We d rather sell for Cash Bult Teman said. Bui we re trying to maximize what we can gel from the Market lie said adding that the world s leading manufacturer of Earth moving machines would consider any serious non Cash offer Peoria based Caterpillar which had sales of s6.7 billion last year has traded for commodities it can use and for goods that can be traded or sold to third parties. Bull can said. The company recently exchanged lift trucks for hotel rooms used by travelling Caterpillar executives or sales person Nel. On another occasion. Caterpillar traded tractors for a shipment of arse Nic trioxide the company used in its foundry near Peoria said Bull can. Caterpillar will Noi disclose most de tails of specific trades citing the need to remain competitive or to keep proprietary information from , Buttleman talked in general terms at a recent seminar about a few of the deals. The most bizarre proposal came from a company in Colombia thai wanted to Trade coffins for tractors he said. The problem with coffins is that you arc shipping mostly air unless they re full and then they have no Trade value he quipped. Thai Deal fell through due to shipping costs and Caterpillar s inability to find a Market for the coffins. The most Complex Exchange involved a Central american country s offer of a Load of Iron Ore for Caterpillar machinery Bull can Slid without disclosing the Nalion involved or amounts of goods exchanged. Oiler people we Deal with Lold us the Iron Ore was a joke. That nobody wanted it,1 Buttleman said. But we were Able to Trade the Ore with an East Ern bloc european country for men s suits lots of men s suits. Now we Are Selling men s suits in Western Europe for Cash he said through a textile broker. He said Caterpillar also has traded its products for unfinished mahogany Coal sugar Oil and other goods that Laier were sold to third parties. Chicago cab plows into pedestrians injures 13 Chicago a a taxicab ran a red Light and slowed into a crowd of pedestrians on a downtown Street Al lunchtime monday injuring 13 people two critically police said. Doctors say inc Driver who was also Hurt suffered a stroke thai May have caused the Accident. I was walking across the Street with the Orcsi of the people when i heard scream. I heard thump thump i turned around. There were bodies All Over he place. It was terrible ugly said Carmen Martinovitch 26, a downtown office worker the taxicab run u red Light struck the pedestrians at the Corner of stale and Monroe streets in the Loop a downtown area accessed by the expressway and then Hil an unmarked police car parked in front of the Palmer House hotel according to patrolman James Miller and witnesses. The Impact of the crash left the unmarked squad car partially on inc sidewalk us rear end destroyed. The injured were transported to four hospitals. Hospital authorises later determined that the drive. Or Willie Evans 66, suffered a stroke although icy did not know whether he was stricken before or after the Accident. Our first cat scans were inconclusive because he kept moving around compulsively said Greg Clay ton assistant director of nursing Al mercy Hospital. The second set of scans confirmed stroke and internal  Clayton said Evans was admitted to the Hospital s intensive care unit in critical condition. Abdul rash id whose cab was parked at the Palmer House and was dented slightly by the collision said the Driver apparently could t control the cab. Rashid. 49, and Nathan Louis 67, of los Angeles said they helped police lift the taxicab that ran inc Light and remove a Man who was pinned underneath. He was Calm and collected but he was in bad shape said Louis. Evans was cited for running a red go striking Aid is Given to some of the 13 injured by a taxi in which the Driver May have suffered a stroke in Chicago monday. Thai such citations were routine in the Case of a major Accident and charges against Evans might be dropped if it is determined that a stroke or in Forsen seizure  him to lose control of Scab. Seven patients including a family of four were being related Al Northwestern memorial Hospital said spokeswoman Lida Vaughn. One Man Patrick Conway. 31, was reported in Cril athlete wins $213,500 in suit filed after surgery ended track career Miami a a jury awarded a for Mer Heth school athlete More lhanT210.0ub in a lawsuit she filed after her track career ended when doctors oper ated on the wrong knee. A Dade county jury made the award Friday to Rosalind Russell a member of the stalk Champion 400-meter relay team and the girls basketball team at Miamie Konigh school who injured her left knee in info while Broad jumping in a under contract with the Dade her lawyer. But on the Day surgery was scheduled an intern in the doctor s office placed Tourniquet on the unconscious woman s right leg. And the doctor then operated on it Gilbert said. They were Well into the surgery when a nurse looked at the charts and Lold them icy had the wrong knee Gilbert said. The doctor Winlon to fix the icel one he said. Afterwards Russell experienced pain in both Knees and the rehabilitation that should have Laken three weeks took five months. The verdict went against Miami Chil Dren s Hospital where the surgery was performed or. Arthur Pearl and nurses who performed the surgery and the school Board. Frank a. Howard general counsel forthe school Board said attorneys probably would try to have the award reduced or seek a new trial on the damages. The operation was admitted As a mis take he said. The question was whether the results of the operation really caused any measurable damage and whether the award was justifiable he said. A spokesman for the Hospital could not be reached for comment monday night. The jury also awarded Russell s2.soo for a lost track scholarship and her Mother 11,000 for the loss of her daughter s services during her extended rehabilitation. Ical condition with head and leg injuries she said. _ three of the injured including a Man in critical condition and one in serious condition were being treated at Cook county Hospital said spokeswoman Claudia Brandon three women were Bein treated Al University of Illinois Hospital but their injuries were not serious said spokesman Mike Maggio. Judge dismisses trash bin suit el1zabethton, Tenn. A Aman who was injured while sleeping in a trash bin should have known better a judge said in dismissing a 16 million lawsuit. Judge Leon Jordan cited Henry her Ron s own negligence monday in tossing out his suit Agassi Eliz Betmon news papers inc., publisher of the Elizabethton Star and the City of Elizabeth Ion. Herron 66, who was crushed in a Gar Bage compactor truck owned by the Sta three years ago contended in Bis suit that publisher Charlie Robinson knew he slept in the trash bin and had once warned him that it was dangerous. Tom Cowan Hurran s attorney called his client one of the forgotten americans one of the homeless and suggested the Star should have locked the trash bin or posted keep out signs on it  
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