European Stars And Stripes (Newspaper) - October 17, 1988, Darmstadt, Hesse                                Page so the stars and stripes monday october 17.1988 Vancon has 2nd-worst deficit As it goes $63.8 million in red Vatican City a the Vatican was in inc red by nearly $64 million last year its second largest deficit Ever according to a statement issued saturday by the holy see. According to the statement the Church spent $132.7 million in 1987 and took in $68.9 million Tor a deficit of s63.8 million Church officials who released the document appealed 10 roman catholics to increase contributions so that the Vatican could adequately carry out its pastoral  it was the ninth year in a Row that the administrative Center for the world s 850 million catholics has operated at a loss. The deficit will be covered by $50 million from Peter s Pence the annual offering from catholics to the Pope and the rest by Reserve funds a news release said. The Vatican said its i9s7 deficit was 74.6 billion italian lire Down from a record 76.6 billion a year earlier. Using the 1987 end of year Exchange rate the Church said the 1987 figure equated $63.8 million. The holy see said it expects its 1988 shortfall to be its largest Ever climbing 3 percent above the 1987 figure even though it slapped strict controls on spending and Nas urged More contributions. The news release said covering the 1988 deficit would be prewar temperatures ious because Reserve funds bad been used to pay 1987 expenses. The budget statement was issued by the 12-member Council or Cardi nals for the study of the organization and economic problem of the Hoty see Afler three Days of meetings. The Council includes two Cardi nals from the United Stales John o Connor of new York and retired archbishop John Ajo of Phila Delphia. The United states and West Germany Are considered major sources for contributions. The budget covers expenses for the curia or the Church s Centra administration the Vatican radio Diplo Matic missions and the Vatican news paper l Osscar Valoric Romano. The largest 1987 expense was Sal european weather  a Topi e04i.1tatutt  a Jwj  cum Dicj crusing a Ems onto Hilo 10 3i 76 is 17 21 65 u u a 59 Al 3e 75 9 ?3 51 67 33 m 44 70 49 57 46 57 so is