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Publication: European Stars and Stripes Wednesday, August 12, 1987

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   European Stars And Stripes (Newspaper) - August 12, 1987, Darmstadt, Hesse                                Wednesday August 12,1987 the stars and stripes Colombia protests Musburger remark rom press dispatcher Indr Napolis lbs  Brent Musburger says he will nil apologize for remarks he made Abolt the colombian cocaine Trade Dun the network s broadcast of the pan Ai Crinan games. The retrial prompted a Colombi an delegation protest. Anchors nearly Allor sports events As Colombia s ath during the opening sports wire the network a nude the relates came into ceremonies _ Colombia i years has become the cocaine Trade colombians who ens certainly have if nations saturday. Unateny in recent Central country in said and most Law abiding Citi tired from the Gereon at the University Rogerson 44, suffered an heart attack and died in of ebola n.h., on saturday. He Wasyln Vaca Tion Wilh his family and collapsed White running on an out dip track a Princeton spokesman Sai . Runner in Indianapolis Mai Witherspoon the . Chi Pion at 100 meters suffered a Nenje injury in his right leg during a Tom Flat in the fan american games Nova pulled right hamstring As first no red it was announced monday. Witherspoon i Dierof Shepan Ai the injury said the . Men s and the sprinter said Tellez " can get Back  in Addilie said that miss Sui which to second i Mcneill Ujj glance a that is a miss the remain Mes because of � Tellez coach of k and Field team a is a possibility Heine world Champi beginning aug 29 i  100 final. Tell ers Poon also would 400-meter relay unscheduled to run the. Will be replaced by Lee King Lee Mcrae Harvey Carl Lewis on the team Tor the Gold medal. Olar relic vet returns Italy world re r Pietro Mennen 35, com the first time in nearly irs. Won the 200 meters in annal meet monday night Irne of 21.38 seconds. A set the world record of seconds in Mexico in 1979. He told medal for the distance at w olympics in 1980, ads Ford injured St. Louis the St. Louis Cardi nals placed outfielder curl Ford on the 21-Day disabled list monday and called up left hander St Veville of the american Ford has a by hand team a flip suffered the in and said he against the new a rays had the hand Butto pm Fly the the injury but it pain in my was hitting from Louis nation. Be in his right 1. He originally june in Chicago lied it in a game mets last  broken Bone in hid he had wanted the season and have afterwards. The paint where i had Gera said Ford who194. Ive Johnson image that the noun try has developed because of that illicit  Musburger later learn of the pro test filed sunday by la colombian delegation with the pal american sports organization and be local organizing committee. Musburger said he will Cpl Over look the realities of the wild but added it was not Intel slight but As a compliment love res of the  Princeton names co Princeton no. Touches offensive coordinator Princeton University s football was named monday As interim coach following the death of ran Rij son. Tosches 31, joined the coaching staff in 1985 As offer Dinalo and Backfield coach piously had coached four years j Ead by. Wide re hard Johnson a Star in the waived monday by the . Adj son caught Usel Tea Dine locals 1 15 passes in 1984 and 103 in As a key part of the Houston bless run and shoot offence that directed by quarterback Jim Illy. He was signed As a free agent the jets during the of season. The Jcu will be without nose tackle Tom Baldwin for at least four weeks after he broke his left fool during scrimmage saturday against the Washington redskins. Giants Clark honoured new York san Francisco first baseman will Clark who had four homers in four consecutive Mes was named the National ague s player of the week monday the period ending aug. 9. For the week dark had 1 1 hits in 21i and had two doubles five bom 10 runs batted in. Hij on Bas Plage was .500 and hit slugging e for the week was 1 .080, can Liotti picked Newyork Cleveland Knuck Tealler a Candiotti. Who pitched one Hir against the new York Yankees was named monday the american eague player at the week for Trnovc Riihl ending aug. 9. The High tender pitched two com plete games Ruetting new York and Toronto and & cd Only one earned run and nine a in 18 innings. Leads Italy s Pao lowest Germany s onday s 40m1c irs International american Jeff Overall Lead by 2 . Cycle san Frani Rosola edged Andreas  in the bicycle ass Mcpierce held onto to _ minutes. 25 , 30, finish laps at Fisherman s 29 minutes and 32 he45 grueling Arf in 1 hour bulgarians miss no Burnaby British Lumbia three bulgarian arc Lars who slipped out a bedroom window in the Middle of the night were so missing on monday although there is no indication the Trio planned to a cd. The athletes who were Pate in the world Junior championships left their Roo British Columbia Insl Itule o ology Early sunday. Tou chairman Hank Lith said Thall of their personal Poss cations the in Helles Kassimir or 201 Angel Angelov 19, and Jov Oji Planki. 20 were pan of a member bulgarian cooking enl thai i Rived Friday. Owall Street Rise to record highs Page 27 indexes new York. Not the Bull mar Kcal on wad Street accelerated again on monday with both the Dow Jones Industrial average and broader Market indexes surging to record highs. The Dow jumped 43.84 Points to 2635.84, an increase of 1.7 percent Mon Day and 39 percent since Jan. I. It was ils eighth Best daily Rise in Points and All eight have come this year. The Dow is now up 739.89 Points on the year and has cracked seven Century Marks since  the current bul Market which Marks its filth birthday thursday As measured by most experts the Dow has More than tripled gaining 1858.92 Points. Last year the Dow Rose 23.3 percent its Best year to year gain in the current Bull Market was 28.3 percent in 1985. The Strong employment figure re leased last week Are an indication one Stock analyst said that the Trade deficit is Healing and Industrial America is Start ing to  that he said Means earn Ings in the third Quarter May be better than even the generally Good second Quarter earnings that have been credited with keeping the Market healthy. The Stock Market s broader based indicators also soared monday the new York Stock Exchange composite Index Rose 2.58, to 183,45, and the Standard & poor s 500-Stock Index gained 5, to 328,00. The Nash a Index of Over the counter trading was up 2.69, to 446.27, and the american Stock Exchange Index added 1.68, to 362.74. All were record closes. Also closing Al a new High was the Dow transportation Index up 11.46. To 1.094.31. Laszo Irinyi at Solomon Brothers said that Block trading orders of 10,000 shares or More accounted for 48 percent of the volume on the new York Stock Exchange monday a lower figure than Normal in these Days when huge institutional investors dominate trading. That May be an Indi cation that Small institutions May be jump ing on he bandwagon. There Are an awful left of Mutual funds Birinyi noted. Peter c. Grennan head of the Stock Index futures Idon up monday s the . Dollar to othe Are expressed in Pound and Oiler Rales the Brittie to izt.wh890 i 3240 -t3 us Ncnew Mil Kin k 4 b7todmunvrm by 7.1uh these Are correlated Only to i by by . Forc Ial Rales and can Beof foreign Curren Day s Stock quotation be Nock i Olingi were or this edition because of Mission i faculties. Department at Shearson Lehman Brothers said there s a lot of Money in Mutual funds. There is a lot of Domestic Money. I think there is a lot More to  Small Mutual funds might indeed by in Lou of 10,000 shares or less especially i they Are sticking o Large capitalize Alioti Blue chips. After All 10,000 shares of digital equipment which traded at 175 monday up 4vi, would Cost s 1 .75 million. With Many stocks Al lofty Levels and institutions driving the Market the tradition Al Small investor i now basically confined to participating in the Market Only through Mutual funds. Some Market experts believe the Small Mutual funds Are in effect today s Small  a traditional measure of when a Bull Market is nearing its Peak is when the smallest investors join in. If the Small Mutual funds Are today s Smalt investors their buying could be a sign that the Slock Market May be Topping out some analysts say. But not Many people arc ready 10 give up on this Bull Market european and japanese investors the experts say arc still bullish on Wall Street with some foreign brokerage houses predicting the Dow will go through 3000 in the near future. And some analysis argue thai adjusted for inflation the Dow average re main Well below ils record High. Twenty years ago hey say the Dow hit the 1000 Mark for a Brief period. Adjusting for in intervening inflation that level translates to about 3400 in present value dollars. Traders said monday s surge was helped by computerized buy  was Strong buying right to the end of the session when the Dow reached it High for the Day. New York Stock Exchange volume was 187.2 million shares compared with 212.7 million on Friday. On the big Board 1,148 stocks Rose and 473 fell. Birinyi noted that of the 1671 million thai went into big Board Stock monday a third went into Blue chips. Among individual issues ism joined digital in a generally Strong technology Sec Tor performance big Blue gained 2ft, to american Telephone gained 1, to 34 a general electric 1 to to 6 1 / and Ford 2 a to 106 a. The drugs were Strong Merck picked up set to 1 96 it Abbott labs was up 1 i at 64v arid Pfizer was up i,m75 1/. Iacocca chides nation s lawyers san Francisco not Lee a. Iacocca Chrysler corp chairman told Lauwers Here thai americans propensity to file lawsuits has made businesses reluctant to take risks threatening the nation s competitiveness. In an address to the american bar association which is holding its annual meeting Here Iacocca said businesses Are no longer being penalized simply for Gross negligence or Reckie disregard for safety but an being penalized for some of the Normal risks that simply can t be avoided when you produce Al most any kind of  the outgoing president of the 330,000-member association. Eugene , sounded a related theme when he chided lawyers for turning litigation in to a blizzard of paper work that drags on and  he urged the lawyers to Cut out his foolishness and begin to search for jus lice rather than Adverse advantage. Iacocca cited statistics showing 1,000 percent increase in the number of product liability i Iii filed in Federal courts and a 400 percent increase in awards from 1975 to 1985  
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