European Stars And Stripes (Newspaper) - August 22, 1988, Darmstadt, Hesse Page 20 the stars and stripes monday August 22,1988 some economic experts warn recession May hit next Spring Washington a while the republicans almost certainly will be blessed with a buoyant Economy through election Day inflation and rising interest rates August 19 1.7020 conversion rates London up Friday s closing rates for the . Dollar to other currencies figures Are expressed in dollars to the British Pound other local currencies in dollars the Price of Gold closed at $432.00 an ounce Silver at $6.67. August 18 anti Spound. 1-7005 German Mark. 1.8975 French franc. 6.425 dutch Guilder. 2.1486 belgian franc. 40.34 state lira. 1.40590 Swiss franc. 1.5970greek drachma. 152.40 turkish lira. 1.522.30spanish peseta. 124.70 portuguese escudo. 154.20 Canadian Dollar. 1.2290 austrian Schilling. 13.4020 norwegian Krone. 6.942 danish Krone. 7.2860 these Are commercial rates and can be related Only to the use of foreign currency by . Forces for official business. 6.42552.1380. 40.25 1.404jo,5910 151.65 1.520.9024.10 1.2265 13-3175 6.917.2475 sales of German Marks to . Personnel for personal use will be at the rate of 1.87 through monday based on a Price fixing at midday. Could shove the country into a re cession As Early As next Spring some economists Are warning. A few analysts Are forecasting a downturn for next year and Many who Aren t say it will take Luck to avoid a recession. Ironically one of the things that has them worried is that economic growth has been so robust lately. A Boom in . Export sales has helped push the nation s unemployment rate Down to 14-year lows. The Gross National product has expanded at an annual rate of 3.1 percent during the first six months of the year and there Are indications that the Economy May be growing even faster in the current july september Quarter. This rapid growth in demand is beginning to push against Supply often translates into rising inflationary pressures As workers demand higher wages and Busi Nesses boost product prices. To nip inflation before it gets out of hand the Federal Reserve since late March has been pushing up interest rates to Dampen de Mand. Earlier this month it boosted its discount rate one half percentage Point to 6.5 percent. An increase in the discount rate is the most dramatic signal the Cen trial Bank can Send of its inflation fighting intentions. That is what worries economists. Most recessions in this country Are brought on by a credit squeeze. While the Central Bank does t set out to create a downturn it often finds it difficult to walk the Fine line Between dampening demand to Cool inflationary pressures and tightening so much that a new re cession is triggered. An analyst said the famous soft Landing for the Economy has proved very difficult to manage in the european weather forecast Tor monday Germany and the Benelux will be Cloudy with widespread rain showers and isolated Thunder storms. Gusty winds will persist throughout the Day with some High winds on occasion. High temperatures 60-65, lows 50-55. Sunset monday 8 31 . Sunrise tuesday 6 27 . The Outlook for tuesday partly Cloudy with widespread locally dense fog in the Early morning throughout Germany and the Benelux. Temperatures recorded saturday 4am 4pm72 97 Copenhagen p 57 63 Frankfurt r 5572 83 London c 57 70 79 Madrid f 64 8261 66 Munich c 52 66 55 64 Paris c 7 5955 61 Rome p 77 Adana. Amsterdam c Athens Taviano. P Berlin Bremerhaven c Brussels c 4am 4pm57 63 6161 i Uricia t i i wow r provided by Del 13,2nd weather Wing Graben Trarbach. Other worldwide temperatures Cairo Dublin c Helsinki Jerusalem Lisbon High Low High low99 73 Montreal c 72 54 66 52 Moscow f 61 4360 55 Oslo c 64 55 95 70 Toronto c 73 57 Vancouver c 66 54 supplied by the associated press. A Cloudy of fair Fig fog a partly Cloudy a rain. Temperatures i August 20 i 97 Akron 81 albany.n.y.,c 81 92 70 91 Anchorage a 62 83 87 Atlantic 64 98 Baltimore 69 Baton 93 93 92 95 84 Boston 77 Bridgeport 75 92 Buffalo 80 Burtington,vt.,c 76 Caribou. 67 90 to 75 58 51 64 56 66 49 69 71 60 76 66 78 51 72 72 48 62 59 78 54 55 45 67 i la Charlotte,n.c.,c Chattanooga Cincinnati Cleveland Columbus,ga.,c . Corpus Dallas Dayton Des Detroit Al Eugene Fairbanks c Flagstaff a flit 91 74 85 71 91 60 83 61 86 64 78 56 93 75 79 49 94 77 99 79 83 59 93 63 87 68 80 59 68 56 92 67. 74 62 75 5fr 77 47 88 70 69 51 88 73 74 57 77 55 fort fort grand great Falls Green Hartford Helena Houston a Indianapolis c Kansas Knoxville Lake Lansing Las Lexington Little Rock a los Louisville. Hilo 93 73 83 59 99 68 92 65 81 54 79 43 79 56 66 64 78 50 79 48 89 76 97 78 85 62 95 75 53 51 93 72 83 72 93 76 76 53 89 72 88 69 85 66 91 72 77 62 87 72 Bloom county i Lubbock a 94 95 82 Medford 93 Memphis 90 Miami 85 93 75 mils St 82 Mobile 92 Montgomery 92 Nashville 89 92 new York City 77 Newark. 76 norfolk.va., 90 North 87 Oklahoma City 94 85 90 91 Peoria a 85 Philadelphia 68 99 Pittsburgh 82 to 72 74 57 52 76 79 69 61 68 75 74 73 76 62 61 73 68 75 66 76 71 66 60 80 55 portland.me., portland.ore., Providence Raleigh rapid Richmond rochstr.n.y., St Louis c salem.ore., Salt Lake san san san san Francisco c san san Juan,p.r.,c Santa Fer St Ste i 87 77 73 77 98 93 97 96 78 81 80 84 92 88 76 92 96 96 72 70 83 90 69 71 93 to 55 57 51 57 58 72 71 58 71 66 51 59 60 72 43 68 72 78 65 58 58 79 58 44 76 Hilo Seattle 68 51 Shreveport a 92 78 Sioux City a 83 64 Sioux 85 69 South 81 58 Spokane 73 44 Springfield,lll.,c 84 65 Syracuse 80 51 93 73 90 78 Toledo 81 54 Topeka a 90 68 92 71 93 76 93 72 Waco 102 80 wash.,d.c.,f 71 67 96 76 Wichita Falls 95 75 77 58 yakima.1 80 44 81 52 yuma.1 92 81 hair a Doudy a Rains Snow a unavailable the far Side a i think this Harn on quire am in ouch. You flu. My to know mat1kuwin? re. I Yew. In Kofil butter . Pikuei mum was in the 50n65 flt Mienl h 06rry pie total to the , my Sappy kisses. An Ifyu wanna9up a my on careful Lyle. There s some cattle dancing today s crossword across1 biblical syria5 backup Singer for Gladys Knight?8 russian despot 12 routine13 actress Hagen 14 Rhine feeder 15 High " movie 16 member of the jury 18 Reddis Antelope 20 fire Cracker 21 desert plateau in Asia 23 actor Cariou 24 " Way Side inn 28 word after shooting 31 the gums32 Fine silk netting34 Hawk parrot35 rubies and opals 37 foes the heart"39 schedule abbr.41 beloved 42 fracture support down1 wild Buffalo of India 2 service movie 3 above 45 chewed on 4 House 49 fish Story 51 Singer Jerry 52 soviet sea 53 Duffer goal 54 one of the greats 55 api Arist concern 56 commercials 57 vault hold5 change course in sailing 6 Ain t shame 7 feeler8 takes a sip9 be witched role10 Sandaran tree11 tear apart solution time 24 min. Saturday s answer 8-22 17 Sargasso sea creature19 missing 22 " him Down the nights."24 Harbor boat25 pub pint 26 thin layers 27 the assert without proof 29 trouble30 Norma n 33 dash36 Hughes 38 Globe Trot 40 picnic est 42 knife thrust 43 peel44 bark cloth46 table follower47 film Dom s kazan48 profound 50 that s born to Beking 12 15 18 24 it 35 42 49" 55 25 43 26 39 21 36 19 32 40 13 16 37 44 53 56 22 41 50 20 27 45 17 23 33 14 28 38 51 64 57 34 46 10 11 29 47 30 48 8-22 doonesbury jtfy7 i m going 5p.wfiom iju5t&nr among i8-t024-Ysar-Olps,u.5. Kips 5corep peapia5t in geographic literacy. Ont in seven Cut 5ven find the own country on a map \ i m going to try the questions on my of a. If thy do a5 baplya5 their. I m wowing two w&k.sof6kx5paphy thi5fau.i gil., Yout Ach math. But i a tbachsr., wll cant ju5t sit 0y
