European Stars And Stripes (Newspaper) - October 28, 1987, Darmstadt, Hesse                                Page 28 the stars and stripes wednesday. October 28,1987 stocks Advance Dow Jones up about 29 Mph a stack denier releases tension in London during a rally in prices on tuesday. App How from Page 1 factories for big ticket durum la a ods Rose  percent in september the firs increase since june. In another favourable development democratic and Republican congressional leaders said they arc optimistic thai negotiations with the White House can Cut the Federal budget deficit president Reagan said the Siket plunge has alerted dangers on the responding jul Mkerr showing in  tuesday Bond _ or in Domestic i he .  30-" year Issue was oftahllmjj.50 per $1,000 in face value. Its Fth l moves in the opposite direct it Price had jumped to 9.05 percent. On the Tokyo Slock Exchange the225-share nikkei Stock average which lost 4.7 percent of its value on monday closed nearly 3 percent higher tuesday. Share prices on the Kong Kong Stock Exchange tumbled tuesday morning bul they recovered As the government sandbanks announced new measures to help prop up the Market. The Hong Kong Market s prime gauge of Blue chips the hang seng Index closed up nearly 7 percent tuesday Fol lowing monday s worst one Day fall Ever when it tumbled 33 percent As the mar Ket reopened after being closed a week. Minnies after trading began in Lon Don tuesday the financial times Stock Exchange Loq share Index was up 46.6 Points at 1,730.7, recovering More thana third of monday s drop of 111.1. By Early afternoon the closely watched Index was Down 5.6 Poi Kyjuk on monday Jip Ducci stumbled with the a games Industrial average  1 56.83 Points Tot the decline which represented r _. _ percent of the average s value Washic second largest Point drop Ever after the previous monday s devastating sos Point. Or 22.6 percent so Toft. The value of . Stocks fell s203 Bil lion to 12,23 trillion monday according to the Wilshire associates 5,000 equity Index of stocks traded an the new York and american Stock exchanges and Over the counter the Dow drop helped to wipe out much of inc average s nearly 290-Poinl Overy of last tuesday and wednes left Wall Street s Best known about 55 Points above lost analysts a Lamb Cal Cost slide in part on a siring of . Dur ing the past week it wind foreign markets mirrored each Tom Hillh on Market rising or falling Bucao performance of  total of 308.82 million snarl changed hands on the new York Stock Exchange which made monday the sixth busiest session. With the activity remaining at such High level the new York aria american Stock exchanges announced they would close two hours Early through Friday. Treaty from Pagal Shorter Range missiles both sides agreed the document could be ready for signing within perhaps three weeks but there was som question As to who would sign it Gorbachev did not. There is no requirement that it be signed by the nations leaders and the untied slates would not be bound by it unless it is ratified by the  said tuesday the treaty would be signed at the highest level and it would be signed in the United slates. But he did not say a Summit would Lake place this year Only indicating that still is possible. In a very Brief period of time we May witness a major step a major break through in the area of nuclear disarmament the soviet spokesman  Reagan nor Schuliz has Given any indication that the United slates is willing to make major conces Sions on Reagan s space defense program the key Stum bling Block Gorbachev  for the soviet position. By Adushev Only repeated the government s Standard language on the need for strength ening the 1972 Ami ballistic missile treaty which . Officials say would cripple the Star wars plan. Plan Union is from a prepared statement and said  i by the Usa eur command official a they probably would t know the precise top clot a auctions on usar Efer s civilian work Force umm Nuary. However Usa eur officiate said there Comite further Job cuts depending on the affect of the balanced budget  51,000 local National employees an american employees hold appropriated fund of throughout Usa eur said  Rex Gribble. The personnel reductions Siembt defense department budget cuts affect in Tavilian employee worldwide. Usa eur Hasm Fli directed to reduce its fiscal 1968 budget by fur cent below the fiscal 1987level, officials said Union foncia Brucd on the German government a intercede a Imine . Government on behalf of the also criticized . Army German gov Fol and German stale officials for going Back on promises made not 10 Cut the civilian work  Union statement sent out by wit i Hanss the top transport Union official for mutters regarding employees of the . Military called on Usa eur commander Gen. Glenn k. Otis to Socle Oji the com plete plan for local National forc a Jim in Ger Many .fu.s. Officials Hope up Marge scale layoffs by filling fewer to Siliona Kontney become vacant and so reducing the  by attrition. Cuts Alsup tanned in training maintenance Andel which will allow Usa eur to comply _ e cuts. Tis informed German officials and labor unions of the announced cd and the reasons for the action in Filer dated oct. 22, according to German and . In. The letters aled Otis would keep German agencies informed of developments As icy , officials   said an area that concerns the works Cauncil tend appropriated fund employee working directly to tsar eur is the future of workers in  plans Fombly Ali opals working for the 5lh signal come trap Burl Agency army Materiel come the Depa Mcm a lense dependents schools and the army and aut of Exchange service arc a concern Huzel said Reagan s Mother Dies in Hilliii in Phoenix Washington a Edith Luc. Mother of first lady Nancy Reagan died of a Siroki monday at her Home in Phoenix ariz., the Whitehouse announced. She was 91. Davis widow of Chicago Scuro surgeon Loyal Davis had been ailing for several years. President Reagan and the first lady were to travel a Phoenix tuesday with Reagan returning to a ton tuesday evening and the first Tadre Riuka Arizona. The president will Relur Vlaj Bony Al the end of the week when funeral a of oneals Are com plete the statement said Davis was  to Kenneth Robbins anew Jersey busipc0man, but the Union broke up shortly after per a tighter Nancy s birth and he couple late was divorced. Her life changed dramatically after her marriage in 1929 to Loyal Davis who adopted Nancy when she was14, Davis gave up her acting career and devoted herself to Herbus band family and Community work. Hostage Terry Anderson 40 in Lebanon Terry Anderson hostage in by other foreign dropped More than 2 it years  foreign hostages in an introduction to a letter sex hostage David Jacobson. Freed last nov. 2. Anderson chief Middle East correspondent of the associated press Wai seized by gunmen in Weil Beirut March 16, 1985. He is among 23 foreigners missing and believed kid napped in Lebanon. They Are eight americans six frenchmen two britons an italian an irishman West German an Indian a South korean and two unidentified  a s staff in Beirut celebrated Anderson s birth Day in Bis office which has been vacant Jin Cehe was abducted. They Sang Happy bin Byju it mrs out four candles on a cart i to ban All imports from Iran Washington a president a Gan moved monday to ban All . Imports from Iran citing the continued and increasingly Bellicose be Havior of the government of Ayatollah Ruhollah Moeini in the persian  he also is directing actions Nec Essary Tor in Tate an the Export to Iran of 14 Broa categories  potential military a  or in asking the slate de Parhm Bai Treasury department to take action As soon As name Reagan was using authority granted under a Section of he inter National Security and Coo duration development acl