European Stars and Stripes (Newspaper) - July 21, 1991, Darmstadt, Hesse                                Sunday july 21, 1991 the stars and stripes a Page 17slow but sound is economic recovery forecast new York a when Wall Street analysts look for reassurance that the Economy is on the right track toward recovery Many of them turn to the recent charts on inflation. By All the evidence the rebound in economic activity that apparently began in late Spring has been slow and fitful to Date. But even of it gathers momentum through the rest of the year Many observers argue it promises to proceed without an upsurge in the Cost of living that would threaten to cancel out its benefits. A was the pendulum swings from an excess of debt creation during the �?T80s to de leveraging in the �?T90s, economic growth will be slow but More soundly based a maintains Martin Sass at the new York Money management firm of . Sass investors services. A inflation should be relatively tame in this  if you press them for tangible reasons for their optimism the inflation bulls Point to several recent trends and developments. For one thing they note commodity prices have fallen this year to not far above their lowest Levels of the past decade or More. With talk like that to cheer it on the Dow Jones average of 30 industrials Rose 35.55 Points to 3,016.32 in the past week closing above 3,000 for the first time in More than a month. The new York Stock Exchange composite Index gained 2.47 to 210.63 the Nash a composite Index toe the Over the counter Market added 4.84 to 497.55, and the american Stock Exchange Market value Index was up 4.82 at 368.96. Maureen Allyn. Chief economist at Scudder Stevens amp Clark in new York contends that even stronger than expected growth Over the next 12 months can be achieved without increased inflation. Quot Early recovery growth in t inflationary because Price cuts Are often the very Force that ends the recession a she asserts. A suppliers desperate to attract customers finally offer bargains that shoppers just can t pass up. The extra volume turns out to be very  funds from Page 16 Merriman de Aslani f 10.84 Bich 11.32 Cap apr 11.21 govt 9.70 Metthe St lest Canapp 14.04 engy p 9.53 Seq inc p 8.59 eel nip 11.89 Gusc p 6.82 go ten p 11.58 Hilnic p 5.52 a Gap 7.72 Nytz 7.27 to exp 7.38 Midwest group 12.85 us Gap 10.06 us tre p 8.78 Ingv p 10.03 to find a 10.17 util 10.10 Monetta 13.90 Monitor fund Fol no p 19.89 go the p 23.33 of Tel p 20.47 Flint 19.89 go the 23.33 Ince 19.99 of heft 20.47 Sindt 20.25 Montusi p 20.42 monism 11.74 to Regp 12.31 Morgan Stanley bal 10.21 mgr 14.43 in Leq 10.05 Mulben 18.33 Mutual of Matia Amer 10.27 growth p 9.84 income p 9.56 to free 11.72. 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