Business World Around the Globe

DAILY GAZETTE Guantanamo Bay, Cuba w W Vol. 41 - No. 119 -- U.S. Navy's only shore-based daily newspaper -- Friday, June 21, 1985 Hostages speak at Beirut news conference TODAY'S WEATHER . (UPI) - One week ago this morn- them by military means. the hostages are at a ing a plane Conwell said standstill. carrying 153 people the hostages hope 7 was hijacked over Greece. Forty the governments involved "will A Lebanese radio station says J 73 50 Americans from the TWA jet are allow justice and compassion to one of the hostages may be freed 52 76 75 still hostages. guide their way." today because of poor health. 64' 50 46 552 2 80 0 A dozen Conwell 78 86 M63 75! 59 gunmen escorted five said he has seen all Israel says it will not con- 55 50 75 56 49 of the Americans to a news con- the hostages, except three TWA sider demands to release 760 45 84 78 60 92 p 65 87 8 ference yesterday at Beirut Air- crew members, and said they were Shiite prisoners unless 93 Wash- 66 66 87 63 4 57 85 port. Asked about their routine, all well. ington makes a formal request. 82 599 64 Peter Hill said, "We eat, we He said, "We're all under The United 91 a States refuses to 88 53 68 67 sleep, we smoke, we pray." tremendous amount of strain and make the request. 7 92 Allyn Conwell urged the U.S. tension." 66 73 87 100 government not to try to free The diplomatic efforts to free 63 70 71 71 86 88 67 67 9 96 66 70 68 OPEC members giving covert discounts 619 T2 0 89 75 Saudis angry, oil prices could drop 7 ( i (UPI) - Saudi Arabia apparently The authoritative oil journal the kingdom is being squeezed by n _LIEIr, V3_.r. a: 2 PM E97 is growing impatient, prior to Petroleum Intelligence Weekly declining oil revenues. its July 5 OPEC meeting, with says the Saudis are taking a While official 6 OPEC prices e Drizzle_ KE~igh Pressure look ahe pricing policies of other at a number of options. One range from $26.50 a barrel to r Snow '1 Max Te erature artel members, and it may be could be a move to sell oil at a $29 a barrel, a majority Snowshowers 5 Min Temperature of Foc ready to take some action. steep discount to the four U.S. OPEC's 13-member nations are oil companies that produce most giving covert discounts, under of its crude. the table as it were. Today in the. Space money, The firms, Exxon, Mobil, In a recent interview, Saudi Texaco and Chevron, make up the Oil Minister Sheikh Yamani BUSINESS WORLD more or less? Arabian-American Oil Company, warned fellow OPEC members that (ARAMCO). t if they do not s op over- (UPI) - Investors spent most of yesterday trying to make sense out (UPI) -- They are still at Saudi Arabia can odds produce up to producing and underpricing oil, of the latest economic signs from Washington. Late in the day they over money, but the House 10-million barrels and of oil a day, world prices could drop below shoved Wall Street into a retreat -- only to head in the opposite Senate agree "Star but output is Wars" is at a 20-year low $20 a barrel. direction at the close. The Dow Industrials gained 2.35 to 1299.73. worth developing. They of under 2.5 million will iron barrels and Trade was active at 87.5 million shares, and declines led advances out the money wrinkle in confer- by just 91 issues. ence committee. The House approved $2.5 bil- Reagan rules out military action Closing Dow Jones Averages lion for Star Wars in 1986. The 30 Industrials 1299.73 Up 2.35 Senate has voted to give it (UPI) -- President Reagan is ference by a bombing in West 20 Transportation 636.94 Off 2.34 nearly $3 billion. trying to keep a regular Gerinany that killed three people 15 Utilities 164.55 Unchanged But there are still many schedule today. He will travel and:a machine-gun attack in San 65 Stocks 536.62 Up 0.03 doubters in the House about Star to Dallas to speak again on tax Salvador that killed six Wars. Democrat Ed Markey reform. AmericanA, of including four U.S. (AP) -- Gold prices fell. In New York, gold closed at $313.70 - Massachusetts called Star Wars a But the Beirut hostage crisis Marines. off $8.60. "program of moonbeams and is uppermost in his mind. He The president has ruled out stardust." admitted his frustration military He compared it to in a action to free the (AP) - Child care is becoming a fringe benefit for workers at more building news conference hostages, a "roof over our Tuesday and but White House and more U.S. companies. The Conference Board estimates that some heads".while leaving "the win- again yesterday when he issued a spokesman Larry Speakes says this 1,800 corporations are now offering help with child care, ranging tough statement. dows and back doors wide open." does not mean it might not be from financial contributions to community child care facilities to Reagan's frustration was On the pro side of Star Wars, used after the hostages are a few in-house, company-run facilities. The most common practice is heightened since the Republican Leader Bob Michel of news con- safe. reimbursement of part of its workers' childcare costs. Illinois calls it the."bone" that sticks in the Soviets' "throat." He says that Moscow is the reflection from a laser beam "obsessed" with the project, that will be aimed at the space "convinced" it can work. shuttle from.a Hawaiian island. AROUND THE GLOBE Michel called for higher fund- The first attempt failed ing for earlier this week because the strategic defense of in- (AP) -- An attorney for Jerry Whitworth says the (UPI) -- The sun broke through the clouds at correct information initiative. given to the retired Navy radioman and code expert may have Arlington National Cemetary yesterday as taps astronauts. n outer space, NASA officials been pressured into letting the FBI search his were sounded, and seven Navy riflemen fired three The laser tests are the , sy the crew aboard the space first home in San Francisco. Jim Larson insists the volleys to honor Robert Stethem. The Navy diver shuttle experiments for the Wuttle "Discovery" will make Star government has not substantiated the charge of was pistol-whipped and shot to death by Arab Wars anti-missile plan. another attempt today to measure conspiracy to commit espionage against his gunmen who hijacked a TWA jet. At his burial, his client. Whitworth is charged with accepting family accepted a purple heart. $328,000 in return for sensitive information that Man gets new half-heart was allegedly passed to Soviet agents. (UPI) -- Pathologists in Brazil will announce today whether they think a man who drowned in PI) -- Doctors in Phoenix say bypass surgery Wednesday night. (UPI) - Rape charges against football player and 1979 was Nazi war criminal Josef Mengele. He is will be a week to ten days Dr. Cecil Vaughn says a heart actor Jim Brown have been dropped. A prosecutor held responsible for the deaths of 400,000 people before they know whether a man transplant or a permanent unexpectedly told a Los Angeles municipal court during WWII. who received an artificial artificial heart for Gore have yesterday the case should not go to trial. The half-heart will eventually be not been ruled out. prosecutor said a major factor in his decision (UPI) -- Range fires sparked by lightning ripped able to survive with his own Vaughn made headlines in May was inconsistent statements by the alleged through about 70,000 acres of land in western heart. when he implanted the victim. Nevada this week. Fire officials are afraid more Kenneth Gore, 52, is being controversial Phoenix heart in a lightning strikes and strong winds might fuel the kept alive today on a mechanical dying Tucson man., (UPI) -- Cities and towns in central Chile were blazes. device, while his doctors wait Gore is only the second person plunged into darkness overnight when bombs went to see if his own heart can beat in Arizona to receive a Pierce off at three electrical towers. It was the first (AP) -- The Centers For Disease Control in Pump. Vaughn performed the first violence in the South American nation since Atlanta say suicide is blamed for one death in @itself.Gore received the Pierce Pump implant on a 54-year-old President Augusto Pinochet lifted a seven-month the U.S. every 20 minutes and it is becoming a when his own heart began California man in May. state-of-seige earlier this week. major national problem. Federal health officials deteriorating after triple The man later died. say guns are used most often - accounting for 57 (UPI) - Sheriff's deputies digging at sites near percent of the suicides in 1980. Toledo Express Airport in Ohio have yet to come Summer arrives, cold for some up with any human remains, and Lucas County (UPI) -- Former Swedish Prime Minister Tage Sheriff James Telb says he hopes they will not. Erlander died this morning in Stockholm. He was (UPI) -- Summer officially bowed in this morning, but eight But they have found some evidence that might be 84. Erlander was a founder of Sweden's welfare cities from Michigan to the South broke or tied records for linked to a reported satanic cult they are state.

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