European Stars And Stripes (Newspaper) - June 16, 1987, Darmstadt, Hesse                                Tuesday june 18. 1987 the stars and stripes Jodie putt gives prayer sen or Tith press dispatches Ponta Vedra Beach Fla. Gary play Sank a 7-fool Birdie Pullon the final Hole sunday to break a three Way Law ill Chi Chi Rodriguez and Bruce Iraq Nylon and win the $400,000 Strnot tournament players championship player s Fini round �9 gave him an 8-under-psr 28�for the tournament. He began the final round tied with Rodriguez in Upton and Charlt Leowens at 5-Unar, one shot be Bill Billy Casper. A Casper struggle Ujj through a 73, Pler remained in a three Way tie Cor a Lead from the 14lh Hole until his Flenning pull. The 51-year-old auth african won hit first senior Ever since the 1986 Denver champions of Golf. The $60,000 prize his la ant on these Nior tour boosted hi987 earning so is 33.6 i. I was very excited to win this tournament said Pla Yevone of Only four players to have in All four major pea titles unlike Chi Chi and Bee 1 in Only 16 tournaments a or and my ambition is to win the Gran Siam on the senior tour As Welt lips very pleased with the Way i puled the final eight holes i hit the a close to the Flag Hole after Hole Walker posts 1 St Indianapolis colleen1 or birdied the final two Boles i to win the $330,000 Lyga Mayer classic her first Victory in Isons on the our. Walter finished at 10-Urj 278 for the Tou Mamell foil final round 69 Al he country Indianapolis. She tied for Ibe Lead Gaaei Kinglan 8-foot Birdie putt on to Par-5, \ 485-Yard 17lh note then Jed a 3 Iron to place her second Smi on thepar-5, 429-Yard Ibsh Hale f i 10 feet from the pin. She  and left her Eagle in enl 8 inches Short then upped in we proved Tobe the winning putt. Patty Rizzo mined my Foai Birdi putt on 18 that would Hole tied Walker and Bonnie Lauer Wen Oast inc Hole on an Eagle attempt to would have matched the Leader Mno and Lauer finished tied for and with Sally Quintan and Patty Shehan at 279. Ishii wins irk Iran Sapporo pm american David Ishii so Al under Par 71 sunday for a wee stroke Victory in the Sapporo Tau open Golf tournament his in Triumph of the sea son and Hii if Overall in Japan. Ishii Ftp Hawaii received $51,500, stiff his earnings in Japan this season a 32,1 so third Best on the Japan bees signal golfers association moby winning list. Ishii Fiji had with a 12-under-Par 276 on i�6,949-Yard, Par-72 Sapporo a Okul country club course. Goldbr Guldahl Dies nem York Ralph Guldahl the Stang he texan who won four  Golf championships in the lat eff 30s Only to give up the tour for interest died in Bis sleep Earlray at his Home in the los an suburb of Sherman Oaks it was sunday. Uldahl 7$, was the professional Braemar country club in tar Calif. Sports wire Richardson released Farmingdale Ify. Former new Jersey nets Guam Michel Ray Richardson was Gigl his unconditional release sunday by the Long Island knights of the Ujj Ted states Basket Ball league a Chaje he did no follow the team s Jam clan a club spokes Man said. M banned for life from the min february 1986 for violating Hij league c drug policy a third time f the re Lett by Long Island however was no caused by Richardson s failure opus biweekly drug tests As he has a bed All of them ibis season the Clu maid. According to learn pre Siden Lutan Goldman the release re pulled Pom Hison court performance Are in the process of changing ours cup and bringing players who half an understanding of a team con a Goldman said Micheal was ing far too Many shots and was not lowing our Overall Garne  Richardson 32, admitted to having veral problems with the knights management but said he Felt they would be eventually resolved. "11 came As a Shock to me when they issued the release Richardson said i really Felt we could have worked things  la his in games with Long Bland Richardson averaged 26.9 Points 8.6 rebounds and 6.4 assists per game. Matches rained out Edinburgh Scotland Andres Gomez of Ecuador and Sweden Sanders Jarryd played Only 18 minutes before their final was called off be us of rain while the women s final cancelled As the scottish grass Tennis championships ended on note sunday. The absence of flu stricken Ivan. Comet and Jarryd met in thei s final Only to be forced off by ram with the swede leading 3-2 in i heir with a break of serve. Id the world s top ranked player ailed out of his semifinal against Tarim Wilb the score left at 2-2 from satay Alft Gomez beat american Johann Futek 6-3, 6-1 in the other semifinal a organizers were left to fit in two Fina in a limited space of Timeon the Fiu Day. Mccaus the court was still very wet they fended to cancel the women s final Between Argentina s Gabriels Saboni and american Lisa Bonder and he two players shared the 112,000 a tace Money. Horner rfcs 11 the or Tokyo lob Horner hit a Solo Home run and ammo in double in a losing cause Aje yom Iuri giants Defeated his Yakel swallows 10-6 in japanese baseball minday. It was the 1mb Namer of the season for the former Alla a braves infield greeks Beals Oviers Piraeus Greece Greece beat the soviet Union iq3-Bi in overt Melo win the Europe basketball championship for the Fml time. The was tied 89-89 he end of regulation time when of vials ruled that a soviet Basket was Encle As time ran out f y Page 27 . Must prevent Dollar from falling Swiss Bank says Basel Switzerland apr the Bank of International settlements warned monday that protectionist Mea sures urged in Congress Are 9 threat to world Economy and would specifically . It said Confidence in . Growth prospects would be served Busl by preventing a further decline in the Dollar. Noting that the external debt of All developing nations Rose to $936 billion last year the Bank said a lasting solution of the problem will need considerable time and further  it said no successful approach to the situation is possible without parallel efforts by debtor countries toward Export led growth and by creditor countries to facilitate imports. The comments were included in ihe200-Page annual report of the Basel based institution which is often called the Central Bankers  the report said it was essential that . Policymakers accept As now seems to be the Case that the depreciation of the Dollar can go too far and May require action even if the Trade and or current account deficit has not yet comedown to any particular magic  it said that unless the deficit is reduced quickly there would be a serious threat that strongly protectionist Mea sures would be pushed through in con Gress. Protectionist measures will not solve anything certainly not the problem of the current account deficit they will damage the world and the United states in particular it commented. There remains a Basic and clearly justified Confidence in the Economy of the United Stales and its Long term growth prospects the report said. I would seem that the objective of main Taining this Confidence is Best served precisely by preventing a further decline in the value of the Dollar so that the real adjustment of Trade figures that is Al ready under Way is reflected As quickly As possible in a decline of the Trade deficit the local debt of developing countries was estimated to have risen in 1986 by 177 billion to j9s6 billion chiefly due to new borrowing from Public sources and the Rise in the Dollar value of debts de nominated in other currencies. Trie Bank said the situation was marked by a substantial worsening of the debt indicators the ratios of debt to Gross National product and to  All developing countries the ratio of total debt to Gnu Rose from 36 percent in 1985 to 39 percent in 1986 and of total debt to exports of goods and serv ices from 147 to 172 percent accordingly the report. Even the ratio Between interest pay ments and Export proceeds Rose last year despite the decline in Dollar interest Rales thai it said Cut debt service costs by More than s4 billion in 1986. Contributing factors for the setbacks suffered by heavily indebted countries in 1986, the report said included the Gener Al weakness of raw material prices affect ing exports and domestically economic  the Bank said debtor nations will need More Loans from official and private sources but thai these would have to coincide with More efficient use of re sources and structural changes ii said the new credits should be linked in part directly to Domestic investment projects. Debtor countries should also give greater encouragement to the inflow of risk capital the Bank said. It May beaded that More realistic and growth oriented policies should help them to in Duce a repatriation of flight  Bui it said that exported oriented growth of these countries could be meaningful policy Only if industrialized countries provide a better opening of their markets the report conceded that with High unemployment and Strong agricultural lobbies this May not be easy. But no Market oriented solution of the International debt solution will be possible unless the debtor countries structural adjustment toward Export led growth is paralleled by a corresponding adjustment of economic structures in Ine Industrial  other comments in the report incl id my inc following i the current account deficit of All developing countries that do not Export Oil was halved in 1986 to j13 billion bul this was entirely accounted for by a $14 billion Rise in the aggregate surplus of four Southeast asian countries Hon Kong Taiwan South Korea and Singa pore. The four countries considerably increased their competitive advantage vis a vis other producers outside the United Stales notably Japan As their currencies remained linked to the  total official reserves of her than Gold Rose by s69 billion during 1986 to 1510 billion with Taiwan and Japan a counting for 57 percent of the total in crease. Those of the developing coun tries other than Taiwan fell by $13.3 billion. Official Gold reserves at Market prices expanded by 160.4 billion to $369 billion last year. The increase was chiefly due however to a 19.$ percent Rise inthe Dollar Price of Gold. New Market supplies of Gold Rose sharply 10 1,615 tons in 1986, compared with an avenge 1,300 tons during the four previous years. A principal Taylor i was a 10-year High in sales by communist i countries which Well up from 2 0 tons i 1985 to 350 tons. Toyota initiates study on european production Tokyo a Toyota motor corp., Japan s largest automaker has announced it is studying the possibility of producing motor vehicles in Europe but nothing specific has been decided. The nationally circulated newspaper Asahi Shimun reported wait week that Toyota and Volkswagen Erk of Germany planned to Start producing about 5,000 commercial vehicle month next year. It said they would build the can Al an Idle vow Plant in Germany using Volkswagen workers. Last year Toyota exported 267.79s vehicles to the common Market countries while Nissan Japan s no. 2 automaker exported 300,985, Toyota said