European Stars And Stripes (Newspaper) - March 4, 1987, Darmstadt, Hesse Wednesday. March 4, 1s87 the stars and stripes Page 3 experts foresee further drop in do Irene stability not expected to last new Vork not the fall in the Dollar a decline thai reached Breakneck Speed during the first six weeks of inc year it unlikely to resume for at least the next few weeks according to several economists and currency trader. But the apparent liability that characterized last week s Light nervous trading will be temporary they added. All that finance ministers and Centra Bankers from six leading Industrial nations achieved in Paris a week ago was Toby a Little Lime the experts said. For the longer term the analysts said on a purely economic basis the Dollar should slide some More the Paris meetings will have a a Impact on the markets for a few Days week and will create hesitation decline of the Dollar said cuff Tny or a vice president in Tiona economics at a Menual acne securities in i Pipii in i am still doll Rover the next few need to get in lower so the Trade figures can gel turned to. Nior vice presi Deal and Chiffi a Lindal economist at the Morgan gui3mjl%iilca. Said i Don t see anything that thai meeting that has changed very much. And i Don t know of a serious economist who does t believer at some stage we need a Tower another 10 percent Dropola Aith we to happen tomorrow.". At the officials Aidin a Dollar was a Propri pkg against other leading cur and implied Steps would be taken maintain it Al those Levels. For the time being things Are differ ent said a currency trader at a major new York Bank. I suspect that a lot of people Don t fear intervention by Central Banks but Are anticipating it. There willbe a few weeks of stability bul Uherc will be some kind of news soon thai will cause inc Dollar to move outside the Gen eral parameters they have in the new York banker and other Ket participants project that in future the Dollar will narrow Range of amt to 1.8j against inc German Aai Fand i to to 155ainst the . On Friday the new York Al 1.8260 Tiiu for the to Neenah Tylor at Niden tial Bache and that the current tows Wouida Hhd an the Dollar would fall another 101 i think within the next few mite Dollar will be trading Down in a 1.55 10-1.65 Range against the Mark and 130lo 140 against the yen he said. We just cannot go on running monthly Trade deficits of j15 aside from the gloomy foreign Trad picture analysts Are 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 a jails found a new cause _. / in last Friday s consumer Price report which showed prices rising Al a annual Rale of More than 8 percent last month the inflation number is kind of a Sleeper in All this inc new York banker said no one in the world thinks that the Central Banks can stabilize things for a prolonged period of time said Richarde Widen a vice president in the foreign Exchange department at Goldman Sachs if you think you have a Bel Terent in Marks or yen you will buy those cml Feries. We think the macroeconomics dict Hauhe Dollar goes Down a bit More but Nib i Taylor at prudent a when it becomes Clear in Tion wont work the credibility i countries will have been damaged. In my View they took their stand when the do Lar was still Loo group studying afterlife waiting for people to die Pembroke Pines Fla. A the head of the survival research foundation says about 100 of the group s 250 members worldwide have signed up for an is there life after death study although it can t be finished while they Are alive. I in waiting Tor people to die says Arthur berber who runs the 16-year-old non profit group from his Home heir participants in the project have devised message that can be deciphered Only if they Are contacted after they die to give out the top secret decoder keys we Lake no position on there is or in t an afterlife our Job is to collect empirical data said Berger. We re trying to get this thing clarified. To crack this Puzzle once and for All so far Only Cambridge psychology professor Robert Thowless has died and the two messages the British National left before his september 1984 death remain a mys Tery. Such projects Aren t new. Before magician and escape artist Harry Houdini died on halloween 1926, he reportedly prepared a coded message for which he was to Send his wife the decoder key from the hereafter. Despite years of seances the key never came. Scattered similar projects have bad equally inconclusive results but people keep trying. Most parapsychology experts Don t believe communication with spirits is possible. Berger would need an airtight argument to quiet critics if he should enjoy an Success Munson said. He said he s ready for sceptics. Participants swear never to reveal their decoder key and never to write it Down then there s the Chance of a participant s telling medium the key. To quash Ihal Berger plans to have mediums trying to Contact participants they could thave known. In fact hell select them cram different continents if possible. Lock a of Sfax Rock clog of Chi was still tray to i weather the4 hundreds o Tio Sand
