European Stars and Stripes (Newspaper) - August 29, 1990, Darmstadt, Hesse Wednesday August 29,1990 the stars and Stripe crisis in the Gull Oil prices fall stocks Rise amid optimism new York a Oil prices plunged $4 per barrel and stocks rallied to their Best gains of the year monday As the financial markets sensed a reduced threat of War in the Mideast and a possible open agreement to boo d Oil production. On Wall Street the Dow Jones average of 30 Industrial stocks climbed 78.71 Points to close at 2,61 u63. It was the Dow s biggest one Day jump since oct. 16, when it climbed 88.12 Points. Advancing issues outnumbered declining ones by nearly 6-1 in nationwide trading of new York Stock Exchange listed stocks. In Earling trading tuesday prices continued to climb on the Tokyo Stock Exchange while the Dollar tumbled against the japanese yen also amid optimism about the Gulf situation. The London Exchange was closed monday for a National Holiday. On the new York mercantile Exchange the worlds largest Market for Petroleum the october delivery Price of Light Sweet crude dropped $4 to close at $26.91 per barrel. Traders called it the steepest one Day decline in memory for the Benchmark Grade of Oil. A a that san enormous decline and these markets Are very very sensitive to Oil prices at this Lime a said John d. Paulus chief economist at the investment firm Morgan Stanley amp co. Unleaded gasoline for september delivery fell 17.1 cents a gallon to close at 87.56 cents on the Exchange. Among the signs of reduced tensions in the persian Gulf were iraqis failure to use the military to Force the closure of embassies in Kuwait the planned peace Mission of United nations Secretary general Javier Perez de Cuellar and agreement by 10 members of the organization of Petroleum exporting countries to allow individual open nations to exceed Oil production quotas. Oil traders said the drop in prices also was accelerated by the Rte Arkett a tendency to make drastic a a corrections after prices move too far in one direction. Oil leaped above $30 per barrel last week for the first time in nearly five years. A final Salute a Navy Honor guard escorts the Flag draped casket of Daniel m. Jones an electricians mate from a plane upon arrival at Bostons Logan Airport on sunday. The Wakefield mass., resident was killed by an electrical Shock a week ago White performing maintenance on the Cruiser anti Clam deployed with operation desert shield. Jones was the second service Mem or to die in the persian Gulf troop crisis spurs offers to enlist for Over there Boston apr with the Mideast in turmoil military recruiters say they re getting lots of Calls from patriotic citizens Many of them old soldiers or fresh faced boys ineligible to Wear a uniform and carry a gun. A the majority of them Arentt eligible i ust because of age Quot said sgt. 1st class Lobert May Doney an army Recruiter in Providence . A but we get a lot of Vietnam vets korean vets a lot of old timers who want to a 54-year-old korean War Veteran called a asking if he could get Back in. He Felt it was important with what was going on a May Doney said. Most of the interest seems directed at the army which accepts recruits from age 17 to 35. Air Force Navy and Marine officials reported Little change in the number of would be recruits since Iraq invaded Kuwait and thousands of . Troops were deployed to the persian Gulf. A absolutely we be been getting More Calls a said sgt. 1st class Rick Hon Agar an army Recruiter in Hyannis. A a we re talking about an increase of 1,000 percent on some Henager look a Call from a Young Man who had won a 4-year College scholarship but wanted to be a medic in the Middle East if War broke out. A the said a look in mall set with my education. But if we do go to War i want to be a part of another kid said the lived in this country 9 years. It s time i started helping with the rent 1st sgt. Bengl i Bernhardsen imy Harge of 12 army recruiting stations in the new York City boroughs of Manhattan and the Bronx said he received 10 to. 15 Calls a Day a from All walks of life All age groups asking about joining the in Louisville ky., one of the busiest Booths at this years Kentucky stale fair was the National guard display. Marines settling into desert Home poised to show they can handle Iraq saudi Arabia it up a a the american soldiers Are lost in the Sands a crackled the female voice speaking on the radio from Iraq. A go Home american occupation troops Home to your wives and children before you Are swallowed up by the Sands of saudi Arabia a . Marines deployed to protect saudi Arabia from a potential iraqi attack pay about As much attention to this sort of daily broadcast by a Baghdad Bertha Quot As they did to Quot Tokyo Rose Quot and a Hanoi Jane Quot employed by earlier enemies of american forces. A makes you want to shoot whoever is at the Mike a sneered Tony a Marine sergeant from san Diego. Quot so we Are occupying saudi Arabia and they Are just visiting Kuwait give me a break will you a the first overnight visit by four reporters to units deployed closest to iraqi troops revealed a widespread desire among the troops to prove their military prowess against the armies of president Saddam Hussein. Military regulations prohibited describing their specific location within saudi Arabia. Saddam a hostage taking his personification of nastiness has Given Many exactly what they want. Its perhaps their first Chance to again establish the Marine corps legendary Battle honors against a Clear Cut and formidable enemy since their humiliating 1983 Retreat from Beirut. More than 200 were killed in a suicide bomb attack on the . Marine compound there. Grenada and Panama would be Mere skirmishes compared with this potential conflict. The typical marines Confidence is clearly rooted in knowledge that he is Well trained to use equipment believed to be Superior to that of the soviet supplied iraqi military. A you done to want to risk your life but you want to test your training Quot said John 26, a Lance Corporal from Milwaukee. A they have been telling us for years that the . Marine corps is the Best in the world and this could be our final exam. There ainu to nobody in the world that is invincible. But we could be the closest thing to unlike the lightly armed airborne divisions that swiftly landed after Washington decided to com Mil troops to defend saudi Arabia the Marine expeditionary brigade arrived ready to fight for 30 Days without resupply. The unit normally about 16,500 men harrier and Fa-18 Jet fighters cobra helicopter gunships Armor artillery anti tank jeeps and a massive inventory of support vehicles to give the Force total mobility. Most of their equipment is like new having been stored unused at the maritime preposition Force on the Indian Ocean Island of Diego Garcia. The marines Are scattered across the desert dunes ready for orders to Advance toward Kuwait or to defend saudi Arabia should there be an invasion by the iraqi Lorce in Kuwait estimated to number More than j 70,000, col. Car Fulford said some . Special forces were near the kuwaiti Frontier. They would help direct . Air and naval fire support for troops from saudi Arabia Egypt Morocco and other Arab nations should Iraq reservist can keep Job Atlanta apr a suburban apartment manager on monday reversed his decision to Lay Olf a maintenance Man who volunteered for Active duty As an army reservist. While picking up his paycheck last week sgt Charles Mack s sister found a termination slip saying her brother had been Quot Laid Ulf due to being placed on Volunteer Active military duty for an indefinite amount of a member of the 450th Ord co based in Aiken s.c., Mack responded Iff a Call for Active duty volunteers at fori Bragg n.c., on aug. 16. But Federal jaw guarantees reservists an unpaid a Cave of absence for military duty and re employment. Of said a guard and Reserve spokesman. The apartment Complex manager James Bell said monday he did t know the law1 when he issued the Pink slip. He said he would abide by the Law
