European Stars And Stripes (Newspaper) - June 2, 1987, Darmstadt, Hesse Tuesday june 2, 1967 the stars and stripes Paga 27 Rarick s Birdie finish wins Corning classic from Prew dispatches Corning . Cindy a Rick birdied the last four holes to fashion a stunning come from by Hind Victory by a stroke Over 8 Trio of golfer sunday in the log adorning classic. Rarick whose first tour Victor came at the hawaiian open earlier this year shot the Day s Best round a 5-under-Par 67 to take the s41,250 first prize. She finished the tournament 13 under to 271. That was a stroke belter than Patty Shee Han Betty King and Jane Geddes. Sheehan shot a final round 69,King a 70 and Geddo a 71. Sheehan who led until the l5lhhole, had two bogeys in the last four holes including a three putt Effort on the final Hole. Finishing at 277 were Dawn Coe the Leader entering the final round Kathryn Young the Leader after the first round and co Leader after two rounds and Pat Bradley. Young car ded a 73, Coe a 74 and Bradley a 69. Crampton wins by 1 Castle Rock Colo. Bruc Crampton fired a bogey free 5-under Par 67 sunday to claim a one stroke Victory Over Wall Zembriski in the j250,000 Denver champions of Golf seniors tournament. Crampton a seven time Winner last season who had earned with or Ville Moody to win the legends of Golf in april poc cled $37,500 for his first individual title of 1987. His 54-Hole total of 12-Undcr 204broke the tournament record by four % Flroes at the demanding pc Pum Creek course. Of Mcnulty wins playoff a Rickmansworth England South african Mark Mcnulty beat scotsman Sam to Nancy in a playoff sunday to win the s 140,000 four liar National pro celebrity Golf championships at Moor 33, Sank a 20-foot pull Tibt second Hole of the playoff after Torrance had. Missed from a . To Macc shot a final round seven Undler Par 65 while Mcnulty had 67 As Urey lied at 273, Duntley released Boston Forward Adrian Dan Tley fihe Detroit pistons was re lease from a Hospital sunday after Einfel treated overnight for a concus Sion tie suffered when he collide with a teammate during a playoff game against the Boston celtics Sal urday ight a spokesman at Hospital said Dan Ley had been lifted in Good condition during his stay at the Hospital where he was taken after being carried off the bos ton Galen floor on a Stretcher. Danett and Detroit guard Vinn Ejohnson collided As they chased a Loose Ball in the third Quarter of the game eventually won by the celtics i17-114.t a Ollry remained on the floor conscious but remained virtually motionless for about 10 minutes while he was examined by celtics learn physician or. Thomas Silva and Detroit Trainer Mike Abdenour Johnson Gol up after uie collision sports wire and returned to the game after apply ing an icepack to his head. Good Eiji goes six old Orchard Beach Maine Dwight wooden allowed one hit in six innings sunday during his final minor Leane Outing before returning to the Moid for the new York Meis. Go def struck out 10 and walked three leafing the Tidewater tides to a 10 International league Victory Over the Maine guides he was taken out Afler Cix innings of the seven in Alicr throwing 100 pitches major leaguer Ron Roe the Only hit off Gooden a he second inning. The tides game on Andre David s in the seventh inning. Horrer hitting .340 Toke of Bob Homer formerly with la Atlanta braves drove in three rfcs leading the Pakull Swal lows Tot 7-4 baseball Victory Over the Yokohama Taiyo whales. Horr Jar had two doubles and two walks a five trips to the plate. He now Hala ,340 average. Australians beat . Brisbane Australia Australia Defeated the United states 47-12 in a world Tup Rugby Union group match a Bally orc sunday to Clinch a quark final spot in the inaugural16-Natifn tournament. The Tinner of wednesday s match Between England and the United slate t ill be the second team fro group Ilo Advance to the last eight. Austi Ilia led 21-3 at halftime. Ray Nelson and David Horton of the Back Bay Clu in California were outstand ing fort c United states. The match was very physical an two Ami icons Bui Skillet and Dave Dickson Tuit ered broken arms. Semi Ioles Advance omah4, neb. De Fulton hit Atwo run timer and cons Pollack pitched a us Hiner sunday to Lead Flor Ida stale Lia 3-0 Victory Over Arizona state in the College world series Fulton s of Comdr Over the right Fiel Dwall four Wei a walk to Jose Marzan. The Victory advances Florida slate,55-17, to wednesday s game against the loser on tuesday night s Texas Stanford contest. The loss eliminated Arona state,40-27, from in series. The Sun Dev ils lost to Oklahoma stale 8-3 Friday. Earlier Sif Aday Jack Mcdowell and Steve Chitren combined to com plete an Eilif Hiitter to give Stanford to a 3-2 Victory Over Georgia. The final 2 h innings were played sunday after two rainstorms saturday night forced the Gamt to be suspended. Son Jaciro wins grand Junction Colo. Mark Hooker Atad Bill Low hit Solo Home runs saturday to give san a Cmap College North its third straight Junior College world series championship with a 2-1 Victory Over Seminole okla Junior College. The Victory improved san Jari Toto 52-9. Sem mole finished the season 89-13. Foreign investors cause some worry in Market circles new York a along with heir considerable benefits the increasing role of foreign investments in the . Stock markets has lately prompted some Wor happens followers of the Market ask if japanese and other overseas investors should turn sour on . Stocks and if the Dollar keeps slumping in for eign Exchange does t that worrisome possibility become More and More prob Able these Are by no Means Idle questions says John Dessauer publisher of the in vestment advisory letter Dessauer s Jour Nal based in Orleans mass. Bui he argues that foreign investors arc More Likely to help the Market in the future by pouring More Money into i than they Are to pull out in one very real sense Dessauer acknowledges a weak Dollar is a negative for people who invest with yens Marks francs or other leading currencies. If a Slock rises 10 percent while the Dollar Falls 10 percent they realize no net prof it when the Dollar is falling foreign in pc slots tend to step to the sidelines rewrites they Don t want to buy today if they can buy for less tomorrow. Volatile currency markets create Short term distortions. On any Given Day foreign investors May be net Sellers of . Stocks and Bonds. This terrifies shortsighted analysts who fear that the Dollar will keep falling and precipitate a financial disaster. While theoretically possible a Catas trophic Dollar plunge is unlikely. The falling Dollar has a Little appreciated self correcting character. The . Is still the world s largest safest and most liquid financial although a sinking Dollar depresses the value of foreign investors existing holdings in the United Stales Dessauer says n also makes new investments cheaper for them to buy. Iram is is it api rets with the Dollar s drop Over the Pas year he says to a japanese investor the . Dow Jones Industrial average al2,300 looks like 1,771." to Date Dessauer says the japanese Haven t become As powerful a Force in the american Slock Market As they Are often presumed to be. Last year according to Federal re serve figures foreign investors increased their holdings of . Stocks by More than Sis billion. The japanese accounted for 21.4 percent of the total less than the 26 percent that came fro important Point Dessauer says hat there is an enormous Pool of Capi Al roaming the world s financial Market in search of investments. Japanese pen Sion funds for example Are estimated to have an annual surplus of $50 billion that cannot be a sorted by japanese financial Aren t that Many world markets Large enough to provide a Safe an liquid Haven for pension fund capital. With japanese stocks Selling at More than four limes Book or theoretical liquidating value and japanese govern ment Bonds offering yields of less than 3 percent there is Little doubt that capita flows from Japan to . Markets will increase spectacular growth of Tel foreign buying . Stocks in 1986 looks like sign of things to come. Japanese buying of . Stocks and Bonds has Only jus begun. If As i cup eco . Corporate profit begin to Rise Al double digit rates in the third Quarter of 1987, there could be Rush of japanese Money competing with . And of her investors for . i m wrong and the Economy and corporate profits remain lacklustre the huge world savings Pool will assure hat any decline in either stocks or Bonds immodest. The risk Reward balance still a ivors financial assets particularly com Mon stocks a Javor ii to 1 Thatcher wages Battle to keep Campaign Lead London up1 battling to protect her Lead in pre election polls. Prime minister Margaret Thatcher on sunday dismissed charges by the opposition that her style of government is arrogant an uncaring. "1 care very deeply about the British character and about individuals having dignity Thatcher said in a radio inter View just 12 Dap before the British peo ple go to the polls june 11 to elect a new parliamentary government. Thatcher s retort came Jusi an hour after labor party Leader Neil Kinlock said the prime minister had an uncaring attitude toward the country s 3 million unemployed and the country s free health care system. Bui the prime minister said she had proved she cared by fighting the 1984 Coal miners strike Ifill wig labor Union Sand strikers picket lines. She said she also fought for the right of tenants i Public housing to buy Pineir Homes. She described herself As a Strong Leader and said that when she met soviet Leader Mikhail Gorbachev ill Moscow in March she did it As a sure defender of Freedom and Justice in Britain she described Kinlock s assertion thai Britain faces no threat from the soviet Union As utterly Kinlock called her arrogant an added her one person style of govern men is alien not Only to the democratic tradition but is also a misleading Way to conduct said Britain s National health service would not survive another Thatcher term because her conserva Tives were seeking to introduce fees an moneymaking schemes. In a radio Telephone question show Kinlock reacted to accusations that some members of his party support sin fein the political Arm of the Irish nationalist guerrillas fighting British Force sin Northern Ireland. He said his intention was to have no truck with sinn fein. As far As i m concerned their policy of advocating Bot voting and violence is the ultimate hypocrisy. There s no place for thai in bal ish politics and that s the basis on which i la be running he average of our new opinion polls released sunday gave the conservatives42 percent of the Vole. Labor 34.5 per cent and the Middle of the Road Alliance of the social Democrat and Liberal Par lies 22 percent
