European Stars And Stripes (Newspaper) - June 7, 1987, Darmstadt, Hesse Sunday june 7, 1987 the stars and stripes Page 27 known leading a Donald s Golf Fri Wilmuin on Del. They re Selling a Lola of programs at the $500,000 Lugli Mcdonald s championship. How be to identify Cathy Morse Sherri swing Auer and Sherri Turner the mid a leaders Morse leads 1% 72-Hole tournament Over the 6,b6-Yard Dupont country club Couric Wilh a 36-Hole total of6-Undcr-Par 136. Morse s chief Clai to Fame in a 10-year career is a Emory in a 1982 tournament. She Haven a lop-10 finisher Only twice in Itou moments this year. % Steinhauer. One in the quest for a 175,000 first i inc has twon in an in month car a on the Lour. Her Best finish is 23r Sherri Turner another Sta Back at 138, was second in her firs Starl in 1984. In 94 tournaments Jin then her Best finish was a tie for thin Perry leads kempt Potomac my. Chris the son of former major league Pil or Jim Perry was in a unique pos ill after a exiting a 5-Undcr-Par 66 in second round of the s7qo.ooo Kem Copen. Perry had never before been on torn of the Leader Board of a Golf Touma men after 36 holes. Play was suspended due to dark Ness Friday with 50 players still on the course. The first round was delayed by rain thursday and half of j the 1 56-Man Field had to Complete ill Friday morning before the second r holes could get underway. The second round was to be Cor plated saturday morning before third round play began. Perry who has t finished than 10th in a tournament in i years on the pea tour holes with a 10-under-Par 132 one shot better than Howard twisty shot a 67 Friday. Or Compton up by Dallas Bruce Cran la cd an Eagle pull and Al Sand wedge snot into a record under Par 64 Friday and a three Jol Lead after the opening round of toe 1200,000 senior players reunion pro am tournament. Crampon s score voc fac soggy 6,�d4-Yard Par-72 Bent 1 country club bettered the record of �5 held by Billy cast and Feler Thomson. Chi Chi Rodriguez seeking his fourth consecutive viol try and John Brodie carded 5-unde fat 67s, sports wire Bates tops Manchester Giand Tim Mayotte ranked 4p" � the world Slop 20 Tennis play was upset 7-5, 7-6 by Britain s nok Jeremy Bates Atixhe Holiday inn arthem grass court Dupion ships Faux Sweden s Steffi Edberg ranked no. 3, had no sch problems As he breezed into Zubei Nifina with a 6-4, 6-1 Victory of american Marcel Freeman. F the High fitted sure have entered this rain Ait eded tournament in preparation forge Wimbledon grass court which Becin june22. � in Fri cuts other quarterfinals american Van Curren a Wimble Don singles Fiba Lisl two Vears ago beat countryman Richard Mauszewski 6 2 6-4 and australian Mark Ralz Cathy Morse. Rare trip to Lead p in Upsel american Tim Willison 3, 6-1. User serious 1sas City to. Forme City royals manager Dick Hoer was listed in serious Condi Tienlu a Hospital where he was take for equation of his malignant brain Tumo he learn said in a statement totals said it is not known How to hawser will remain in St. Luke s Spital where he was taken wednesday by ambulance from his Home in in s Summit. Brave buy Pitcher Alanm the Atlanta braves announced widay night they have purchased the contract of left handed Pitcher Larry Williams from their class a Sou want league Oft Liate at Greenville a t the club Sal me Williams 3-11 with a 5.15 Erm at Pittsburgh last year would stall against the san Diego padres Sai Ubay night. O s drop mfr Inez Baltimore \ left hander Tippy Martinez tha Baltimore Ori Oles career saves Lead with 10, was Given his release thursday after 11 Yea with the club. Martinez 37, Sadat fit surgery on his left shoulder lift August an has nol pitched with in Montes this season. He was 0-0 Wita 4.so Era and one save far Theta Gersion suns the orioles club Carolina league affiliate. Kroc backs Bov Montreal san ditto padre manager Larry Sowa said Ovier Joan Kroc has Given him a vote of conf the padres lost 8-Ji to the Montreal expos thursday of Jiff. San Diego i 42 loss in 54phoned Bowa to in your Comer. You Art our Roan Bowa quoted Kroc As saying. Bowa Laid be responded i m a fighter but it s going to Lake some mortgage rates up refinancing Down new York not mortgage rates Rose sharply in May propelled by concern about inflation. The Federal Home loan Bank Board has reported that mortgage rates shot up in latest monthly study by the biggest amount in three years. The Bank Board said that conventional 3 vicar fixed rate mortgages averaged llt.s2 percent nationwide in May up from 9.70 percent in april. A spot Check of mortgage lenders across the country showed that fixed rate mortgages have risen even higher since the government Survey in Early May to Well Over 11 percent. So far the increase has not led to a slowdown in housing starts or sales of existing Homes two indicators of Indus try strength. Bui refinancing which boomed Early in the year Are off sharply. And housing experts said that building activity could Well decline in the second half As a Rule of thumb a change of i percentage Point in mortgage rates adds or subtracts 100,000 units in the rate of housing starts. At higher interest rates refinancing will be hit harder Haa Home sales said Michael s. Carliner an economist at he new York Exchange National association of Home builders. We expect the housing Start numbers to contract 1o Between 1.6 million and 1-65 million this year from million last Thomas w. Anderson a senior vice president at Lomas & Netleton the big Dallas based mortgage banking company said Friday that refinancing were Dinning Al 50 percent of new loan Origi nations earlier this year. Now he said they Are Down to less than 20 experts Are not expecting an even Sleeper decline in Home sales because the Cost of adjustable rate mortgage financing has nol risen nearly As much As fixed rate mortgages. Since the Middle of March fixed rate mortgage rates Nave increased about 150 basis meaning percent age Points said Timothy Howard senior economist for the Federal National mortgage association. Adjustable rates have Only moved about 50 basis in May Survey the Federal Home loan Bank Board said that the most pop ular form of adjustable rate mortgage one with a Cap on How much rates can go up Rose to a National average of 8.49 percent Early Las month compared with 8.36 percent in april. Those rates in clude add on fees As do the Rales cited by the Board on fixed rate mortgages. Edward b. Kramer first senior vice president and director of marketing at the dime savings Bank one of the larg est mortgage lenders in new York City said that As of Friday his institution was offering one year adjustable rate Mort gages at 7.7s percent plus fees of per cent. Vhf la up tha 15mcilftctivl lock i Flanga composite trading f 2.616.300 i.bs0.400 1,667.600 1. Hit Woc Trust i Bucu at4tgo Don Fuji Friday states w the . Dollar to of cies. Wires Are expressed Jujj Bullara to the Brill pm Pound and othe Eif Curren cies to doors try 10 Moat Colv it qom i wig Letb Hubron Anchem you .bm7s.20455 3770 1.313.00 i�65 13530 .025.85 625j30 1mm1 1 4d ml.90i a i 12./a Tork iup11 now Jpn High Lav 2346% 7117j6 bxi.7i 979.71 70 45 i07jo t gb7.ii b these Are commercial Rales a can be related Only to the use of Fordum Curn by by . Forces for official Busi Courtesy at Merrill Lynch to Frankfurt us77 e 77.4n 24 to h 4 fit Una 124 j 44til i m7 4d34b.4 44� 23 2138.4 �.3 3w 30737 0 m u4 197g 34t it 11330 73 j ml316 11.4 by 6 Blehi Bob 771 77it 3 �4 u 6 484 443qb 4 m-3 71j 2340b3 to 4782 a 14 Al �44
