European Stars And Stripes (Newspaper) - January 27, 1987, Darmstadt, Hesse Tuesday january 27,19b7 the stars and stripes Page 27 Azinger notches it win in Phoe Alix am pm dispatches Scottdale Ariz. Paul Azinger Toovi damage of a mass col lapse by Otter contenders and nursed Home a Turner Par 67 that provided him with a first professional Triumph Sundalia the Phoenix open Golf Louma met Azinger plying steadily confidently m the bight warm Sunshine took the Lead acne when defending sports Wir Champion Hal Sutfin playing Well in front of him miss a five foot putt and bogeyed the i8t\hole, to was All the ening Azinger needed. He brought % Home with a couple of decisive pan land won with a 268 total if stroke under Par on the new pc course Ai to Tisdale. The lanky 27-Ycarwd Azinger called Zinger by his fellow tourists was making his first a Tarnof the sea a son and collected $ 108,061 from the total purse of $600,000 of his solid performance sullen s last Hole lapse one of Many Over the last 18 kites j Sutton Corey Pavin and do go Well All Ted or shared the Lead Point or another with a half Ken others including pea Chan on Bob Tway and fuzzy Zoeller in striking distance. Sutton with a 7-under-Par the final 18, was second alone j Golf tourney in Lina los Angeles com than Bob Hope Hong Kong Busine Aen and an International Charity Juk in the final stages of arranging Olaf first professional Golf Toum Amsl to be played in Mainland Chi jul a spokes Man for Hope said her the Bob Hope internet Iona celeb Rity Golf invitational Jho be played in late 1987 or Early 088 at Chung Shan in Southern Cuba near Hong Kong said Ken Kanji a spokesman for Hope who began fits own Charity tournament in the us in 1960. Becker Nan is coach jus Raija two-1 Champion Boris in filiation with Ich and announced elected leading Brit coach Frank Dick Melbourne Lime Wimble Becker ruled out coach Gunther i sunday he had j ish track and ashes Conditi Nehemi wins port Lalk Ore. Renaldo Nehemiah Toone More Slep in his at tempt to Gyback atop the hurdling world by mining the 55-meter High hurdles inane Oregon indoor track and Fields ret picked up his fun win in the year Layoff to play James Shonat football As a wide receivers the san Francisco 49ers. Slow Stan Nehemiah broke from w pack Over the last 20 meters to cd Oejia Handi med 6.9 seconds just off he pwn world record time of 6,89 Miller tops Field Osaka Japan defending Champion Lorraine Mailer of new Zetland running in Snow won the Osaka International women s mar athon sunday by 19 seconds Over australian Lisa Martin. Mailer and Martin ran shoulder to a Phou Paul Avinger ,., shoots 4-Undcr-Par 67 shoulder after the 22-mile Point but Mailer began edging ahead after 23 Miles and finished 100 meters ahead in 2 hours 30 minutes 40 seconds. Canadian takes race Hong Kong Riek Mannen of Canada won the 10th annual Hong Xong Marathon sunday beating an International Field of about 700 run in 2 hours 20 i nulls 51 Sec s. American Doug Kurtis of Detroit in care Rocc favorite finished second in %2i 53, and Neil Featherby of Brilin was third in 2 23.03. A Ftp Fame nominees an Weim Calif. Joe Greene a member of the steel curtain defense that Bright Pittsburgh four super bowls Ami Larry Csonka Workhorse fullback % Back to Back titles by the Miami of thins were among seven finalists of acted for election to the pro foot Ahalt of Fame. Running Wack John Henry John son Quarter Lack Len Dawson Csonka s team Mac Center Jim linger wide receive feb Don Maynard and guard Gene of Shaw joined the final group Trimani Wrom an original Field of 16 by the Hal s Board of selectors. Park atals if title Seoul Sou Korea Park Chong pal of sosh Korea stopped australian caller incr Doug Sam with a fierce flurry of inches in the Isth round sunday Andyk gained his inter National boxing and Calion super Middle weight Champis ship. This was Park s six defense of the title that he Wensi Edom american Murray Sutherland in Lily 1984. Blair skates of Victory Lake Placid Bonnie Blair of the United states do minued her dominance of the woman Jwj rings with a commanding win Sun Dayton 3 world cup 1,000 meter Speed suing race at the olympic Oval. \ Blair 22, extended her Lead in the 1.000 meter world cup Slin dings 119-78. Over Ingrid Haring Alof the Netherlands. Wall Street activity worrying investors new York a As the Stock Market s rally relentlessly marched to new Heights this month investors from Wall sired to main Street were elated but nervous. After ail the run up already had lasted longer than the experts thought possible what would happen when the Joyride ended or would it keep going now investors know and As the mar Ket opened monday hey had real cause to worry about what happens next. After an unprecedented Advance since the rim or Llie year the Market slammed into one of the wildest Days in Wall Street s history Friday and hobbled into the week end with one of its worst losses on rec 1-d. Friday opened with the rally apparently heading to new highs. The Dow Jones aver age of to industrials soared 64 Points by mid afternoon coming on top of the record s1.50-Point gain posted a Day earlier. Then the Market came unglued within an hour the average plunged More than 110 paints and was off some 50 Points on the Day. A half hour later it completely erased that loss briefly moving up for a 10-Poinl gain. Then it plummeted again. The result a 14.15-Point loss Tor the session to 2,101.52, the average s fourth worst slide Ever. Overall the Market had lost 530,6 Bil lion or 1.12 percent of its value and a record 302.39 million shares had changed hands on the new York Stock Exchange nearly 50 million More than the previous record set just eight Days earlier. In a sense the nosedive might not have been entirely surprising. Sharp sustained advances by the Market Are often followed by abrupt setbacks or corrections As Wall streetcars Call them. The pullbacks have grown even More to today tuesday s programs in to Germany shape Bremerhaven d84 d9id tax 1000 of to look 1030 a Wil Towon Nanny wok to 1sommo 1 100 to ulily show 1230 Dai Aam % Trio mitc Stu -. Utton 1320 of i hic my 1405 Outing Lalni 1� of til Only 1uo to tall ski ism can ism Tom em4idoo Tom pm Fiu kit Fawn Oumi a Hoa Laa Scrol mow hid Thim How pm on Siut bion i Buk severe recently because the Market a kept going higher and trading volume has kept getting addition the computerized pro Gram trading used by Many professional investors has added a Strong element of volatility to the Market because they can Trade huge baskets of stocks on a dime. That s Why investors although delighted that the rally was increasing their wealth were simultaneously fretting about when the tables would turn. The current rally also had people Ner Vous because they knew that in Light of the huge gains Little More than a Hiccup by the Market would be required for investors to Rush to sell shares and lock in their profits. Still none of this prepared investor for the Pighin ing Quick reversal of Friday. And with the Dow industrials still ahead 205.57 Points or 11 percent Over just the past three weeks the hard choices have Only begun for most investors. The wild ride Friday has scared a lot of people said Hildegarde Zagorski a Market strategist for Prudential Bache securities inc. One of the things that initially perplexed Many people about the Market s rally was that several economic trends seemed to weigh against it the . Budget deficit remains enor Mous As does its Trade imbalance. Corporate earnings have been sluggish and Overall economic growth is not expected to show much improvement this year from is anaemic 1,7 percent expansion in the fourth Quarter of 1986. Bui the Market s optimists say there also is support for stocks even if the Maricl temporarily gets snagged in a ses Sion such As Friday s. They said interest rates and inflation remain relatively Low a perfect scenario for financial assets such As stocks. The widespread restructuring of american companies also should Start paying off so that even slight gains in economic growth will result in big jumps in corporate earnings. And stocks Benefit from the Dollar s plunge optimists say. Not Only does the lower Dollar help stocks of .-based multinationals and other american companies that compete against foreign imports it also makes . Stocks cheaper and thus More at Tractive to foreign investors. For now the Market s Herd instinct could decide investors actions. It s an emotional thing said Veteran Market analyst Eldon Grimm of birr Wilson & co. In san Francisco buying begets buying and Selling begets Selling. L inversion rates Long in up monday s a sing rates for me . Dollar to other fat cies. Fig rec Are expressed in dollars to the British Pond and other lev Curren cies to Dollar tin pct 01 Dow cd 3 to to Luff Airoff Lur to Bart ii . _ _ b.19z5 bjm2s 2mm 1.s32san 133.70 j7� 74t.90 136.43. 1w 141107i a. Jib lir so _ .7.0110% 70390tml these a commercial rates an can be related by to the use of foreign or ii by by Imp. Forces for official Busin of German Marks to .\ for personal use will be at the i of Flo tuesday based on a Prico Fixl Al Jii Day and allowance for standari1 doing charges
