European Stars And Stripes (Newspaper) - October 18, 1988, Darmstadt, Hesse                                Page 6 the stars and stripes Many View stocks As risky Post crash Survey reports monday Del 19 in i Init scour item ird 3.s pm Shlomm uhf new York were being More cautious with their Money no than they were a year ago. Tin Dow Jones Industrial average fell sos Points in panic Selling on Lack Mon Day after dropping 103 Points the pre Vious riday. Slock losses amounted to $500 billion bul the crash did nol set olt recession As had been feared. A year after the crash the Dow Jones has recovered All but about 100 Points Thayil lost on Black monday. A plurality of respondents were confident of a stable Economy the next few years and there was even greater optimism for personal gains. Most expected their family s economic situation to improve in inc Short term and Only 6 percent expected it in Worsen. Republican presidential nominee George Bush has relied on Prosperity As Campaign theme and the poll bund a receptive audience for that approach most expressed satisfaction with their family income with 57 percent saying they were doing All right and 9 percent rating themselves Well  however 29 percent said icy were just gelling Byl and 5 percent said they were in hard times financially. The True number Likely is higher because Telephone surveys exclude the poorest american households the 7 percent without phones. About a third of the poll s respondents said inc were belter off now than they were a year ago and 56 percent said their situation was the same Only 12 per cent said they were worse off. Nearly three quarters said they were saving for the future. Hut the Stock Market was not a preferred Choice for investment seventy percent said icy had no Money in stocks and 71 percent saw inc Nykel a risky. There was a risk taking Clement however. Although Only 16 percent viewed inc Market As Safe a Good number More 29 per cell said icy had Money in in. Among the Wall Hinsl americans Hose making$50.000 or More a year More than half had invested Money in inc Market. Bul even in this group. 71 per cent said icy regarded inc Stock Market As a risky investment by a Tran pm during crash a to Tuo Day oct. 13 to uhf a Ehtyl a Fol 11 to a gncag9llhn atftoindbip�4iiwvhdaw june mum. Indus Tralli i a apr Kush Juvy he pm a i Mist new Nodi   oct. 93 lit  although three in 10 Overall had Slock investments Only 6 percent said the crash had a major Impact on their lives and Only 15 percent said it had a moderate Impact. By contrast 28 percent said the Market crash had Little Impact on their lives and 47 percent said it had no Impact. Even among the wealthiest 69 percent fell Little or no Impact the poll did not find Broad support Tor greater government regulation of Wall Street. A Quarter favored it but four in 10 said current regulation was sufficient. Nine percent wanted less oversight and 27 percent were unsure. On the Slock Market s future 33 percent said there was a Good Chance of another crash in the tie year or two and 26 percent were unsure. A plurality 41 per cent said another crash was not Loo Likely soon. On personal finances 55 percent expected to do belter in the next few years and a third expected to hold steady. The Short term Outlook was somewhat less optimistic for the Overall Economy a Quarter expected it to Worsen out nearly As Many said it would improve and 43 percent expected Little change. The poll conducted sept. 6-14, had a margin of error of i us or minus 3 percentage Points. Nancy Reagan foiled of report borrowed finery Magazine says new York a Nancy Reagan has borrowed expensive clothing and jewelry for More than six years without reporting the Loans As required under an ethics Law time Magazine reported sunday. The first lady also has kept and not reported numer Ous dresses and matched outfits Lent to tier by design ers the Magazine said in its oct. 24 Issue. Expensive clothing Given As a gift to mrs Reagan must be reported on financial disclosure forms required under the 1978 ethics in government act. While House lawyers agreed in 1982 that any dresses considered As Loans would be reported. Time said neither the disclosure forms nor Reagan lax returns from 1982 through 1987 listed Loans or gifts of dresses to mrs. Reagan. Mrs. Reagan s press Secretary Elaine Crispin old time last week that the first lady told her she had Jet foil crash injures 80 Macao a a Jet fail carrying 248 people crashed into an embankment in Macao s Harbor Sun Day injuring More than �0 people police reported. Bought All the clothes she has worn since Early 1982, but los Angeles designer David Hayes said the first lady has borrowed 60 to 80 made to order outfits in the past eight years. She returned More than half of them and kept inc others he said. We think of Ilas Loans. It s wonderful Hayes told time. She has been a sensation for my  an unnamed executive at Harry Winston jewellers i Manhattan old time hat mrs. Keagan continues to borrow expensive accessories including a pair of Diamond earrings Worth $800,000. Chris Blazakis. Who works with designer James Galanos and is writing 3 Book about the Rengarts said he has identified More than 300 photographs since-1982 showing mrs. Reagan wearing outfit he estimates Are Worth a total of More than ii million retail. In november 1981, mrs. Reagan disclosed she had been accepting clothing As gifts. On Jan. 14, 1982, she announced that she would consider dresses accepted in 1981 As Loans and would select the Best and give the to 13 museums. According to time the museums report that the Las such donation was in 1982. Stateside Man leads police cars choppers on Chase to jail los Angeles a a Man driving a Sto Len car led police in four cruisers and two Heli copters on a Chase he ended at the jail parking lol Early sunday authorities said. The Chase ended after the Driver Pul the car into reverse and rammed a police car said police it. Carl Williie. He mentioned the fact he had been booked by land officers before and he knew where in go Wilh Ilc said. In was convenient of him. Huh f Frankic Hill 32, of los Angeles was booked on a charge of assault with a deadly weapon on a police officer and held on j 8,000bail, Wil hic said. The 15-minute Chase began when officers noticed the car Hill was driving had been  said. Florida Man wife drown As overloaded boat tips Miami a a Man died in an unsuccessful Effort to save his drowning wife on their first Outing in a 12-foot aluminium boat retrieved from a neighbor s trash police and friends said. The boat was overloaded with three adults and their fishing tackle when it capsized Early sunday on Miller Lake. Mclroy dad homicide detective Lawrence Wilkotz said Candida Slancz did t know How to swim and her 63-year-old husband Manuel tried desperately to save her struggling to pull her ashore As their clothes became weighted Down with water Wilkotz said. Their companion Abc Tardo Ruiz 50. Swam safely to Shore but Slancz was dead when police arrived. Rescue workers found his wife s body floating in the Lake friends of the Miami couple old the Miami Herald the boat had been discarded by a neigh Bor. Boy Cut free from pipe in which Arm was stuck san Diego a a 4-year-old boy got his Arm stuck in a swimming Pool pipe and firefighters had to Cut the pipe from the Pool to free the child. I tic t Miguel matl Howson was in Good condition a Sharp memorial Hospital after the ordeal said nursing supervisor Melanie Bruce the pipe believed to about 1 h inches in Diame Ter was Cut from its Pool mechanism. Then Miguel with pipe attached was taken to the Hospital. We had to use a saw and a plumber s tool to Cut the pipe off because it was �  Bruce said. The pipe Section was about 10 Long. Miguel was in the Pool for a swimming lesson. His head remained above water during the Rescue. Thousands celebrate Cincinnati s tall stacks fest Cincinnati a thousands of people Rode riverboats and lined the Ohio River s shores on the closing Day of the City s tall stacks Cele bration in conjunction with the City s Bicentennial the weekend festival concluded sunday eve Ning with firework displays after a Friendly race Between the Belle of Louisville and the Delta Queen which won. Jay Downie eve Gnu producer for the greater Cincinnati Bicentennial commission estimate sunday s crowd at 300,000. He and David Rager assistant safely director for Cincinnati said about a million people attended the four Day tall stacks Celebration. Fourteen riverboats and excursion boats Gath ered along the Ohio River for the festival which included Tours cruises and races. Smoke from Marsh fire impedes Wisconsin traffic Horicon wis. A a grass fire swept through the Horicon Marsh wildlife preserve blocking travel on highways with billowing Clouds of smoke that could be seen for 25 Miles the Dodge county sheriffs office said winds that spread the flames died Down by 10 . Saturday about seven hours after the tire started. The fire burned 2,300 to 3,000 acres. The Marsh is an important stopping Point for geese and other migratory waterfowl