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From Associated Prvsa reports
More military aid
for El Salvador
WASHINGTON
The Reagan administration
said Monday it is sending $55
million in military equipment to
El Salvador’s embattled
government and is asking Con
gress for an additional $100
million in weapons and eco
nomic aid
Enders, testifying before a
Senate subcommittee, said he
did not have an exact figure on
the new $100 million aid request
but it would be "something in
that order of magnitude
The planned request for $100
million and the $55 million in
emergency military shipments
are in addition to $65 million in
aid to El Salvador approved by
Congress in December
The administration doesn't
need congressional approval
for the $55 million emergency
shipment, of which about $25
million would be used to replace
helicopters and jet fighter de
stroyed in a guerrilla raid on a
government air base last week
The United States currently
has 49 members of its armed
forces in El Salvador involved
with training and logistics
Italian police smash
Brigade hideouts
VICENZA. Italy
Police said Monday they
smashed three more hideouts of
Red Brigades terrorists, and
newspapers reported that sus
pects seized when police freed
kidnapped U S Brig Gen
James Dozier were singing like
canaries ’
Five presumed brigatisti"
were arrested in overnight
sweeps in Rome and two arrests
were announced in Florence
bringing to 31 the number jailed
since police stormed an apart
ment in Padua and rescued
Dozier last Thursday
A cache of arms was found in
one of the three hideouts in
apartments in working-class
neighborhoods in Rome, police
said
Emilia Libera and Giovanni
Ciucci, two of the five people
arrested when Dozier was freed,
were giving police information
about their earlier actions in the
Red Brigades, newspapers said
“They're singing like canar
ies," II Giorno of Milan said Two
other newspapers, the conser
vative II Giomale Nuovo and the
Communist Party organ L'Unita,
said Red Brigades suspect An
tonio Savasta was giving police
important information Police
believe Savasta interrogated
Dozier during his six weeks of
captivity
Police said the five arrested in
Rome were members of the
militarist wing" of the Red
Brigades that claimed respon
sibility for kidnapping Dozier
from his home in Verona on
Dec 17
Prime rate climbs
to 16.75 percent
NEW YORK
A spurt in the prime lending
rate from 15 75 percent to 16 5
percent Monday followed a
recent upturn in other borrow
ing costs that private and
government analysts say
threatens to prolong the current
economic recession
Interest rate jitters sent prices
tumbling on the New York Stock
Exchange, with the Dow Jones
average of 30 industrial stocks
plummeting 19 41 points to
close at 851 69, the steepest
one-day slide in more than five
months Bond prices plunged
and the dollar soared
Yields on short-term Treasury
securities rose for the fourth
straight week in Monday s auc
tion, reaching the highest levels
in four months About $5 billion
in six-month bills were sold at an
average discount rate of 13 846
percent, up from the 13 53 per
cent of the previous Monday
Concern over the course of
interest rates has heightened as
the Federal Reserve Board
wm
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continues to report greater
than-desired growth of the na
tion's money supply and the
U S Treasury steps up its bor
rowing to finance a record-high
government deficit
Citibank, the nation's second
largest commercial bank, led
the move to raise the prime rate,
the base upon which banks
compute interest charges on
short-term business loans to
their most creditworthy bor
rowers
Closed nuke plants
may be required
OLYMPIA
Electricity from two nuclear
power plants being abandoned
in Washington state will even
tually be needed — but not until
the 1990s at the earliest — says
a new study for the Legislature
Even if electricity costs dou
ble in the next few years, con
servation is not enough to sup
ply future demand and more
power will probably be required
from somewhere, according to
the study
However the annual increase
in power consumption estimat
ed at 1 5 percent, is so slow that
there is still time to plan for
future power sources, the study
says
The $1 5 million study, auth
orized during the 1981 session,
will be delivered to a joint ses
sion of legislative energy com
mittees Tuesday night
Staff from the University of
Washington and Washington
State University, along with a
number of outside consultants
developed the independent
review of the Washington Public
Power Supply System's plants
no 4 and 5, which are being
abandoned
If more people and industry
move to the state and there is a
high demand for electricity,
power from the two terminated
plants still would not be needed
until 1990, the report says
With moderate demand for
energy — the study s prediction
— power output from 4 and 5
would not be needed until 1995
With aggressive conservation
and low energy demand, the
power from the plants would not
be needed until after the year
2000
(( \
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call - Ralph J.
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221-2654
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