European Stars And Stripes (Newspaper) - March 3, 1987, Darmstadt, Hesse Tuesday March 3, 19b7 the stars and stripes Paga 3 experts foresee further drop apparent stability not expected new York not the fall in the Dollar a iodine Hal reached Breakneck Speed during the first six weeks of the year is unlikely in resume for at least inc next few weeks according to several economists and currency traders. But the apparent liability that characterized last week s Light nervous trading will be temporary they added. All that finance ministers and Central Bankers from is leading Industrial notions achieved in Paris a week ago was to buy a Little Lime the experts said. Tor inc longer term the analysts said on a purely economic basis the Dollar should slide some More. The Paris meetings will have a real Impact on the markets for a few Days or weeks and will create hesitation in the decline of the Dollar said Charles Tay Lor n vice president in charge of International economics at prude Nival Dacha securities in Washington. But i am still pessimistic about the Dollar Over the next few months. We Reed to get it lower so thai the Inide figures can gel turned Rimmer de Vries. Senior vice Percsi Dent and chief economist at the Morgan guaranty Trust co., said i Don t see anything that came out of hut meeting that has changed things very much. And i Don t know of a serious co Nomis who does t believe that at some stage we need a lower Dollar. But another 10 percent drop does t have to happen at the Paris meeting the officials said in a statement the Dollar was appropriately valued against other leading currencies and implied Steps would be taken to maintain it at those Levels for the time being things arc differ ent said a currency trader at a major new York Bank. I suspect that a lot of people Don t tear intervention by Central Banks but arc anticipating it. There will be a Tew weeks of stability but there will be some kind of news soon that will cause the Dollar to move outside the Gen eral parameters they have in the new York banker Imd other mar Ket participants project that in the near future the Dollar will Trade within a relatively narrow Range of 1.80 to 1.85 against the German Mark and i so to 155 against the japanese yen. On Friday the Dollar closed in new York at i.k260 Marks and 153.18 yen. For the longer term Taylor it Pruden tial Bathe and other analysts predicted that the current lows would be tested and the Dollar would fall another 10 percent. "1 think within the next few months the Dollar will be trading Down in a 1.55 to-1.65 Range against inc Mark and 130 to 140 against the yen he said. We just cannot go on running monthly Trade deficits of $15 billion aside from the gloomy foreign Trade picture analysis arc pessimistic about the Dollar because the Federal budget deficit remains huge and growth prospects although somewhat stronger in this country than overseas appear to be far in Dollar to last from robust. A Mil Ems found a new for worry in Liim Friday s consumer Price i part. Which thawed prices rising no an annual rate of More than x percent last month. The inflation number it kind of a Sleeper in All the new York banker said. No one in Ilic world thinks thai the Central Hanks can Maui lira things Tor a prolonged period of Lime said Richard e. Witick. A vice president in the foreign Exchange department it Goldman Sachs & co. If you think you have a belter investment in Marks or yen you will buy those currencies. We think Lite macroeconomics dictate that the Dollar goes Down a bit move but just a hit Taylor at prude Klinl i Ferlic said. When it becomes Clear that intervention won t work the credibility of these countries will have been damaged. In my View they look their stand when the Dol Lar was still Loo forget visas econ Mats bring France to you from Page 1 each customer to use a shopping Carl and it costs 10 francs to unlock one. The store runs out of cans on Busy Days prompting a curious Ballet in the parking lot. Ai each departing customer unloads groceries into a car an arriving customer swoops Down upon inc empty cart like a Pigeon chasing Popcorn and buys it for 10 francs. Thai s a Way to gel your Money Back unless you leave late. The clothing selection at the nearby Normandie boutique while imported from France and diverse enough for a Small store is no less expensive than that of most German stores. And while econ mat employees speak French and often German most of them Don t speak English. Most of the 52 Economas Are located near French bases not on them. The Baden Paris Complex is open 9 30 . To 12 30 . And 5 to 7 30 . Tuesday through Friday and 9 30 . To 12 30 . And 2 to 5 . Saturday. The Badin Normandin store hours arc similar although the food store there also is open monday. To reach Baden Paris exit autobahn 5 Karlsruhe Basel at Baden Baden drive toward Baden Baden on route Sod exit at the Small Blue "u-33" de Lour sign urn right at the second Light following the zen drum sign then drive a half mile. The stare Complex is on the right set Back considerably from the Street. Dozens of other econ mat locations in the state of Baden include Donau Eschinger Freiburg Friedrich Sha Fen Karlsruhe Kohl. Of Tinburg Pforzheim Jastatt culling in and tubing in. They can be found in inc state of Rhein land Pfalz in Wilbur i kaisers Lawrn. Landau Spyer and Trier. The French forces in Berlin have several a lords. Customers at an Eron onut in Baden Baden Luok Over a Large collection of Tav Frev French Sis Picolo by jew 0bn Rockford still stands Rock solid Chicago a Rockford was still in existence monday contrary to a bulletin by inc National weather service. The 4 55 . Bulletin sent in hundreds of radio and television stations and other news organizations a he Midwest and rend on the air by some said at 4 35 . Cost a Tornado hit the Rockford Iii weather office. This storm was moving Southeast at 50 Mph. This is a dangerous storm. Take cover immediately. The entire town of Rockford has been demolished. If you Are in the pain of this Tor Nado you should go to a basement shelter if available. Otherwise go to a Central Interior room. Abandon cars and Mobile the bulletin actually was a test that weather service personnel were conducting to prepare for the Corning Tornado season. A Dis claimer explaining that it was sent out by mistake was sent five my Ulics later said Melcor Logist Steve Kahn at the weather service s Chi Cago office. The message was coded to slay inside the weather Ier Vii system and was designed Only for weather service personnel Kahn said. But a change in computer soft Ware at the Chicago office Al Lowed it id gel out on the weather service wire which is used by hundreds of radio and television Sla tins and news organisations across the Midwest Kahn said
