European Stars And Stripes (Newspaper) - November 2, 1988, Darmstadt, Hesse                                Wednesday november � 1988 the stars and stripes Page 3 icelanders vote of keep dry from going of dogs Reykjavik Iceland a Ocsid cols of Reykjavik have turned thumbs Down on dogs voting in a referendum to end the present Experiment permitting restricted ownership of canines in the capital City. In a we Kiong referendum 12.8 percent of eligible voters turned out. A total of 60.2 percent vol cd against continuing the Experiment while 39.4 percent wanted it to continue. Reykjavik mayor David Oddsson said a ban on dogs would be Pul into effect. The result is  he Jat the majority of the people of the City docs not wan dogs to be allowed in Reykjavik. We have to acknowledge the  Oddsson who is a dog owner himself said people who already had a Parmi to keep dogs would be allowed to keep them until the anti Mals natural death the referendum was called by the Reykjavik City Council to allow citizens to express their views on a 1984 Compromise that allows people to keep dogs under strict conditions. The canine Compromise was a considerable breakthrough for Pooch owners As dogs had been banished from the City of 88,000 people in 1924 following an outbreak of dog related diseases. The 1984 rules which kept the ban on the statute books set up an experimental system of exemptions and promised a referendum after tour years. Top forecasting gauge fell 0.1 % in september Washington a the government tuesday said its main forecasting gauge of economic activity edged Down 0.1 percent in september its second decline in the last three months. The Commerce department s Index of leading Indica tors Rose 0.5 percent in August and 1,5 percent in june but fell 0.7 Pyrc Cal in july. Economists believe this roller coaster performance is a signal that the Economy which was expanding at a robust Pace in the first six month of 1988, is slowing Down indeed Overall economic growth As measured by the Gross National product dropped 10 an annual rate of 2.2 percent from july through september and Many analyst believe that this modest Pace will continue in the current qua Derond for most of next year. David Wyss an economist with data resources inc., said the leading Index was signalling a Welcome slowdown which would give the Economy breathing mom and lower inflationary pressures built up by heavy demand and Light labor markets. The 0.1 percent decline in the leading Index was a bit weaker Han expected. Many private forecasters were Call ing fora 0.2 percent Rise. The August Index however was revised upward to show a 0.5 percent gain instead of the originally reported 0.4 percent increase. The Index by focusing on Forward pointing business statistics is designed to foretell economic activity six Lonine months into the future. Many economists who had at one time been fearful that the next president would face a recession in his first year in office have revised thai View and now believe the next downturn Wii not come until 1990. But the leading Index is signalling slower growth. For thelast 12 months it has risen just 0.7 percent compared to an increase of 6.7 percent in the previous one month period. For september the biggest Factor holding the Index Back was a drop in Plant and equipment orders followed by a fall in building permits. Other factors depressing the Index were a decline in raw materials prices and slower growth in the Money Supply. Falling prices Are viewed negatively As a sign of Flower demand. In All five of the available nine indicators made Post live contributions. The biggest positive Force came Froman increase in the average workweek. Other positive fac tors were a fall in initial unemployment claims a Rise in Stock prices a slowdown in filling orders and a Rise i orders for consumer goods. The various changes left the Index at 193.3 Pyrc Cal of its 1967 base of 00. Michael Evans head Ofa Washington forecasting firm said he is predicting Gnu growth of just 2 percent next year full cycling a slowdown of the Export Boom which accounted for Hal of this year s growth the Export Boom is clearly gone capital spending has tailed off and Consumers Haven t been too eager to spend either said Evans. That is basically the whole econ omy. But Buryj sri Kcf the president s chief economic adviser said in a speech last week that there is no reason for a recession to occur anytime soon. Recessions Don t just happen. They arc caused by policy mistakes he said. If o recession docs occur next year Many analysts fear that it will be triggered by the Federal Reserve pushing interest rates too High in an Effort to Dampen inflationary pressures. Fed policymakers were meeting behind closed doors tuesday but analysts did not expect the session to resulting any dramatic changes. However they said the fed is Likely to begin pushing Rales higher Early next year As signs of inflation re a merge. Chrysler to end production of 7 models in 1989 Detroit up Chrysler corp plans to end production of its slow Illing Chrysler Lebaron its and Dodge Lance sedans in March bringing to seven the number of models the automate will Stop building domestically by mid-1989, a weekly i and usury newsletter said monday the no. 3 automaker was originally planning to end production of the two Iron wheel drive models in july but has apparently moved that Dale up to March want s automotive reports said in its Lal Cit  spokesman Doug Nicoll re. Fused to confirm the report saying that Chrysler docs not discuss production plans. A Small number of layoffs will occur at Chrysler s Sterling Heights mich., Plant where the Lebaron and Lancer Are built As it reverts to 100 percent production of the smaller Dodge Shadow and Plymouth Sun dunce cars also assembled there Ward s said. The Shadow and Sundance already account for 92 Pyrc Cal of the output Nicoll said. Sales of the front wheat drive Lebaron its and Lancer introduced f9r 1985,. Hove been declining steadily Dpi la buyer. Inc Nti ves the latest being a $ 500 rebate or Cul Raic. Financing. Lebaron its sales from january through ocl. 20, the latest sales period declined 48 percent lev 13,775 units com used car evaluations comparing Lour Industry guidebooks 1987 fold escort ims Ovy Itaf my prior 1h4 Mac Wool Blu 190e who Leuh hot Whol me Bali brutal we Malwah Rull  a up car quid m.e7s m.b2s. 13.soo  Mutti s8.1co 12.6j5 m.750$850 l7vj"ri notional Martet reports retd Book 4.679  3.7s 8.77s 7.625 11,750 13.450 8,025 7,325 Kekry Blue boat 4.2so 5.60s .-,�.,. Was. 13,000 17615 Eow. Aulo Rai Earth Block Book 5,775 12.950 orc Alion do Kii Guidebook n Ada used Caf Guion. 102,000, Kelby bub Book 90.doo, Black Book. Market reports red Book. 62.000. Cent to to rive q a Pix. Soj Kcf of film a 4u 4bmaa a us. 9wj 70.000 Nito onal pared with 26,316 for the year ago period Lancer sales Are off 54 percent so far this year to 9,103 from 19,649 units a year ago. As previously announced Chrysler in lends to end production of its Large rear wheel drive Chr scr Ruih Avenue Dodge Diplomat and Plymouth Gran fury cars All based on a pal form introduced for 1978  closes its Kenosha wis., Plant in december the automaker also intends to shift production of its Dodge Aries and Plymouth reliant a cars from its Jefferson Avenue Plant in ctr Oil to Mexico where it also builds those models. The Model reduction however has been countered by the introduction of no fewer than 16 All new car and truck models since 1986, Ward s said. Such vehicles include the Sundance and Shadow Chrysler new yorker and Dodge dynasty full size cars and the Dodge spirit and Plymouth acclaim two new front who Erive compacts that entered production last month at Chrysler s Newark del., plan tall those from wheel drive models arc based on Chrysler s a or i Atomi. Credited with rescuing the car maker from near bankruptcy in the Early 1980s. That plat form is to be replaced with a new one code named la in 1992 or 1993. Ford bucking Frond plans rear wheel drive ears Detroit up Ford motor co., going the. Other Way from its two largest . Rivals is devel Oping two car wheel drive cars to debut Between 1992 and 1994. A steel Industry publication said monday. The two cars one an All new luxury two seater and the other a replacement for the aging Musl Ting Wil be heavily based on the new rear wheel drive Ford thunderbird and Mercury Cougar coupes which go on Sale in december Metal working news said in ils latest. Issue. _. _ -. The cars under development known Only As fc4i and sc39, also will be designed to accommodate a new family of Raul Bivalve High performance 4.6 liter avg engines now under development by inc no 2 Carmalica and slated o be built at its former tractor Plant in Romeo Mich .-.". The development of the two cars May show Ford s Confidence that a rear wheel drive layout is still belter suited for High performance applications a belief shared by  car makers such As Bow Mercedes Anft porsche although Ford re Conety us produced a Inch pow Rcd version of its front wheel drive Taurus Sedan called the Sho. Ford s largest . Competitors have gradually been phasing Oul car a Eccl drive models and convening their fleets to front wheel drive. Chrysler corp. Has virtually completed the shift while Industry Lender Genera motors corp., still has some car a Eccl drive performance cars in its Licet like the Chevrolet Cor Vette Camaro and to iliac firebird. Paul Preuss a spokesman for Ford s product design and engineering staff declined to confirm the report by the weekly publication which i Racks tooling orders among steel intensive manufacturers like automakers. It is company policy not to comment on future products or programs Preuss said. .