Vintage Vehicles to Vie for Victory
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■ *> - '; .% ,n Cap on textile Imports would -■'J. Squeeze; Cheney create news jobs, study says ekee one out over •yOtfvMI PoM veto. resulting ihropa In consumption that Tlw Pr«M The I C f atndy attempted to flkely would resuH from the re AIDS: Discrimination bill put on hold / page 4 Cromwell / pege 151 predict the impnet ef the EUrrlck duced avallaMIHy of textile and WASfffNOTON - Legltfation to Mil on the V.§. economy in lff7 and araarel imports, the study said. Ilm H the growth of textflo and 19M by using three levels of But the economic value of new anwirat Imporu to 1 parcaiit a jraar possible Import growth: the 17 Jobs the MU would create through weaM oraato aa many at 182,M9 rcent a m m i rate that existed Increased domestic production otw iotHi within two yaaft, accord- frorom IM I to 19M; the 9.9 percent would outweigh the nefith-e ee<K lag to a ttudy eommlttioiiad by an rate from 1991 to 199ft and the 9 ttomfc Impact of the anticipated «K«J tnduttry-labor coalition lobbying pereswt amuMl rate canedfor In Dm prMe increases and declines in for the Mil. MultifIber Arrantfement, the imer- textile and apparel consumption, The ftudy, which the fiber, natlonal aifeem ent governifiW tex the study said. fa b ric and Am aral CoaMion for tile and a p ^ re l tfixM. Trade ftta m d to iHatiltNita to VslfM m 17 percent rate aa a The s t ^ estimated the overaU fflambert of Congress tMs week, baseline, the study estimated that net economic benefit of the MU at 91 waa done by IC f ine,, a Waehlngton the Mira import roatrictlotta would MfUoH fa l«l7and9l.7MfUon In 1999, using the 17 percent annual import fHaurlirstrr) A City of Villaqo Ch^r Hrralii economic consulting firm. Increase domestic textile and ap The bill examined In the atady parel ipodmtien to the point that growth rate as the baseline for waa Introdoeed earlier Oria year t y 11,100 new Jobs would be created In comparison. Hop. Butler Derrick, D-8.C., chair 1907 and 191,109 in 19M The study did not address the man of the Congressional Textile At die 9,9 percent annual growth potential lffl|»ct the MU would have Thureday, May 28,19S7 S O C a n ta Caucua. It would set a ^obal limit rate, tbC study estimated that the on the U.S. economy If AramMan on textile and apfiarel Imports MU would create 89,000 new Jobs In trading partners responded to (he baaed on 19M levela and permit a 1 1997 and 101,790 In 1999. At the 9 leMslatlon by retaliating against percent annual growth In each percent ImpmT growth level, the UJ. exports. Import category. study projected net employment Mi Dertick’a Mil la a scaled-down gains of 99,900 In 1997 and 99,200 In The Heagan administration, Equipment veralon of the textile Mil that 1999. which Is opposed to the MU, h w President Reagan vetoed In the The Impact of those employment argued that such retaliation would IV major trade battle of the last gains on the U.S, economy, how be almost certain and would Congress. The House failed by eight ever, would be offset to some outweigh any economic benefits the A votes last August to override that degree by the price Increases and MU mlgM produce. operators A APjrtKrto Brushing up Dollar climbs; gold prices fall end strike LONDON (AP) - The dollar with Tuesday’s 141.89. The dollar Tuesday’s rates; ' Pam Koeater Inspects toothbrush han- with Its first national mail-order catalog, continued to climb against major hasn’t been that strong In Tokyo • 1.8379 West German marks, up dies before the tufts are Inserted at the manufactures 260,000 toothbrushes foreign currencies today, but Euro since April 19. Later, In London, It (rom 1.9010 By the Manchasttr Htrald A- * and The Aesoclated Pre$i Fuller Brush plant In Great Bend, Kan. each year. pean currency dealers predicted was quoted at 144.30 yen. • 1.8098 Swiss franca. Up from the rally would soon run out of In London, the British pound (ell 1.4980 Y The company, which has Just come out steam because of profit taking. • 9.0949 french francs, up from WETHERSFIELD — Heavy eqttlpn>ent operators sharply (or the second day In a row. Gold prices (ell. It cost 81.8090 to buy one pound, 9.0199 returned to work today, ending a IM a y strike that had Dealers In Rome said there were more than three cents cheaper than • 9.0499 Dutch guilders. Up from halted virtually all major construetien pretjeets acron several reasons (or the dollar’s Tuesday’s late price of 11.9498. 9.0980 the state. Developments point to stability leap, including higher U.S. Interest Dealers said the pound was hit by • 1,318.M Italian lire, up from Union negotiators representing the workers brought rates and the strengthening of the the dollar’s strenrth and gains by 1,300.028 the strike to an end Wednesday by accepting a contract dollar’s value against the Japanese the socialist opposition Labor Party 0 And 1.3449 Canadian dollars, that will boost wages and benefits between 92.80 an yen. In the latest opinion polls on the up from 1.8489 Lola and Malcolm Barlow, right, will drive cross country In early hour to 94.80 an hour over three years. The dollar gained against the yen in oil prices, end of world glut June 11 general election. Bullion dealers said the price of July as competitora In a race of old oars. Malcolm will be behind Representatives of the International Union of on the Tokyo foreign Exchange Operating Engineers Local 471 and the Connecticut Market for the fifth consecutive Here are the dollar rates at gold fell In thin trading, pushed the wheel and Lois will navigate the course with rudimentary in Stavanger and elsewhere say people I ’ve talked to Inside and Construction Industries Association reached the STAVANGER, Norway (AP) - day,closing at 143.19 yen compared mId-mornIng compared with late down by the strong dollar. equipment. Shown above la the 1931 Hupmoblle pickup the The pace of oil exploration is they cannot be sure that the outside of OPEC Is that people feel settlement after meeting for eight hours Wednesday at showing signs of picking up again in downward trend In oil prices — relatively comfortable with current Barlows will drive on their 11-day trip from California to Florida. the state Labor Department In Wethersfield with the North Sea off this ^ r t city, which began In 1912 with the onset prices," said Paul McDonald, who Labor Commissioner P. Joseph Peraro. following a slowdown brought on by of an oil glut — has come to an end. follows the oil Industry (rom The Connecticut Construction Industry Association last year's sudden slide in world Yet signs are growing that prices London (or the Investment firm of NOW! A PREMIUM QUALITY is a trade group representing more than 300 companies petroleum prices. will hold at least through the end of Shearson Lehman Brothers Inc. statewide. The oil companies that put 1987. "They feel there’s a reasonable "They were going to starve If they did not reach Norway on the oil map in the lB70s "There is some light tor us now," equilibrium.” agreement," Peraro said. are proposing new drilling projects, said Tore Ulleberg, a spokesman in The current stability in oil MATTRESS PRICED FOR With the statewide strike over, Manchester highway Stavanger for Amoco Norway Oil markets Is due mainly to a decision vintage vehicles to vie for victory and while they aren't predicting a crews will resume the work of patching potholes by the Organisation of Petroleum new boom, some a re ad vertising (or Co., which Is considering drilling Friday, Highway Superintendent Keith Chapman said workers again in the local four additional wells at its existing Exporting Countries last De By Alex OIrslll permitted. Some modifications are today. newspapers. Valhall oil field. cember to cut back its oil produc EVERY-BODY. newcomers to the race. commission by race officials so allowed under the complicated race Chapman said he phoned the Balf Co., one of the This speedup reflects a growing Ulleberg's cautious optimism tion and enforce a base price of 118 a Assoclat* editor ,,. They will cruise along In a 1936 Ford. competitors can’t use to to tell how far rules which Reed has been keeping contractors, and found the plant will not be able to confidence here and throughout the seems to be shared by others in the barrel. Before that, OPEC had been The race begins June 10 at Disney they’ve gone since the beginning of When 120 vintage vehicles race each day. track of in Information bulletins he supply bituminous concrete today. international oil Industry that pri industry, which contends that trying to win a bigger share of the land In California and ends July 10 at gets, but basically the vehicle has to be jh e work has been held up (or two weeks during the ces have stabilised and that the many oil drilling prospects in the market by selling its oil at deeply across the country from California to Walt Disney World In Florida, a Calculators, obviously, are out of the the way It used to be when It wasn’t strike. 2 OPEC cartel Is succeeding in North Sea’s harsh environment are discounted prices.