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Star Tribune from Minneapolis, Minnesota • Page 1

Publication:
Star Tribunei
Location:
Minneapolis, Minnesota
Issue Date:
Page:
1
Extracted Article Text (OCR)

VARIETY Riding the river Piloting the Mississippi Top seed Steffi Graf falls in Wimbledon opener 1 Twins lose 6-4 to N.Y.7 1 us resgns reaton QCae ir goes safenarea- 1B Carso npans to appeal Med, ''cacf abort WEDNESDAYJune 221994 NEWSPAPER OF THE TWI I I 35t NEWS WITH A VIEW Macho refuge Sports nurtures culture of violence against women Msar imilsitioini Dollar plummets, trade against Tuesday's New York close of 100.3136 yen and 1.5940 marks. The dollar had opened Wednesday at its lowest-ever Tokyo level of 100.35 yen after falling to a global postwar low of 99.85 yen in New York City Tuesday. What's making the dollar fail? What's depressing the dollar and what does it mean for U.S. consumers? Economists do not have a solid explanation for the decline. As for consumers, they should not feel much of an impact, at least for now.

Some questions and answers about what it all means. Page 13A. national. "It's worrisome because so much of the U.S. recovery has depended on low interest rates.

And if this raises rates for a sustained period, that will slow the recovery." The continued market turbulence generally mirrored declines in Europe and Asia and raised some expectation that central banks would begin buying up billions in dollars to re April, to $8.4 billion. The Dow Jones industrial average fell 33.93 points to 3,707.97. The Dow has lost 103 points since last Thursday, 2.7 percent "It's just a pervasive nervousness about developments all over the world, with inflation fears underlying it all," said Robert Hormats, vice chairman of Goldman, Sachs Inter Health care faces bottom-line analysis deficit soars verse the slide. But for the moment, Clinton administration officials only repeated their insistence that the economy's condition did not justify the dollar's fall and withheld action. In Tokyo on Wednesday, Japan's central bank stepped in repeatedly to buy dollars, and by noon the U.S.

currency had climbed back to 101. IS yen and 1.603S German marks v' t. 1 "TV from News Services Washington, D.C. Worldwide inflation jitters sent the dollar plummeting against the yen Tuesday, pounding the stock and bond markets and raising new fears of an interest-rate hike that could threaten the economic recovery. The dollar fell briefly below the once-unthinkable barrier of 100.00 yen, its decline hastened by new figures showing that the U.S.

trade deficit surged an unexpected 22.1 percent in Firm bred tobacco for higher nicotine FDA: Crop was gene-altered New York Times Washington, D.C. The Brown Williamson Tobacco Corp. secretly developed a genetically engineered tobacco that would more than double the amount of nicotine delivered in some cigarettes, the commissioner of the Food and Drug Administration (FDA) said Tuesday. All iTiaj uitf vviiisaiij aim uviuvu iv an FDA investigator that it had engaged in "any breeding of tobacco for high or low nicotine levels," Dr. David Kessler told a congressional hearing.

But when confronted with evidence to the contrary last Friday, it conceded that it had at least 3 million pounds of the specially developed tobacco, named Y-l, in company warehouses in the United States. The tobacco was grown in Brazil. Kessler also testified that among the 599 ingredients added to tobacco, a list made public by the tobacco companies in April, were several ammonia compounds. In addition to other uses in cigarette manufacture, he Tobacco continued on page 15A Price of milk may go down Consumers will pay 1 2 to 1 5 -cents less for a gallon of milk in July, state officials predicted, after the state abandoned efforts to preserve a law to boost farmers' in- come when the price of milk falls below a set level. The U.S.

Supreme Court struck down a similar Massachusetts law last week. Page 1B. 'j'- ,1 Economic Cabinet ministers met with Prime Minister Tsutomu Hata at an emergency noontime meeting Wednesday and confirmed the need Economy continued on page 12A 1 neapolis. Together, the children's hospitals admitted more than 16,600 patients last year and treated hundreds of thousands as outpatients. Some draw most of their patients from beyond the Twin Cities area and Hospitals continued on page 16A Pizza pioneer, philanthropist Rose Totino dies at 79 By David Chanen StaffWriter Rose Totino was just about finished delivering the invocation at the Pills-bury Company's annual meeting in 1980.

A deeply religious woman, she thanked the Lord for a long list of things and then stepped away from the lectern. But she had one last thought, and grabbed the microphone to say: "Oh, and Lord, I forgot to thank you for crisp crust." That little item, which she and her husband, Jim, spent more than a year and a Rose Totino million dollars to develop, helped make Totino's Pizza the top-selling frozen pizza in the United States in the 1970s. When the Totinos started their business in 1951, in a small kitchen on Central Av. NE. in Minneapolis, Rose had to bake a pizza for her loan officer at the bank because he didn't know what it was.

When she sold the business to Pills-bury for $20 million, her lifestyle never changed, but she was able to add a new dimension of helping oth- Totino continued on page 16A Almanac Wednesday, June 22, 1994 173rd day; 192 to go this year Sunrise: 5:27. Sunset 9:04 Partly cloudy. High in the 80s. Complete index 2A Circulation 673-4343 or 1-800-775-4344 Copyright 1994 Star Tribune Volume XlllNumber 79 8 sections Andree Dougherty, a Minneapolis homemaker and Wolves fan: "We've got to do what we can to keep the Wolves here. It helps the business district down there, gives us a lot of national exposure it's sort of an intangible image thing.

I may not get to walk around Lake Harriet more than once or twice a year, but. having it adds to my quality of life. It's the same with the team. North Minneapolis salesman Jim1 Reed, who couldn't care less: "Basketball leaves me cold, so I'm pretty much indifferent if they stay or go. If you're worried about the Warehouse District, give subsidies to the 20 or 30 restaurants and bars down there.

But it's a bad precedent to make that kind of deal for a sports team." See Page 1 for a full report -7T llllllll III 7 liii57273n00002i il xil I ill II ill I Staff Photo by Joey McLeister Sue Murr, a physical therapist at Gillette Children's Hospital in St Paul, applauded the progress of 3-year-old Betsy Keil of New Brighton. Are 4 hospitals for children too many? served by scrappy competition? Or should services be consolidated to improve efficiency and lower costs? Some of these issues rose out of the court settlement that preceded this month's merger of Minneapolis Children's Medical Center and Children's Hospital of St. Paul. Before that, a flurry of concern resulted when Gov. Arne Carlson vetoed a bill that would have provided financial help to Gillette Children's Hospital in St.

Paul. Until a President Clinton issued an impassioned rallying cry for nothing less than universal health coverage and action on such reforms this year: "I refuse to declare defeat." Page 7A. Stato divided over TimlicrvcIvcG Feelings running deep in basketball debate While most Minnesotans believe the state's image would suffer if the Timberwolves were sold to a buyer in another city, they are split over whether the state should be involved in the deal. Wolves' owners, NBA board shun Mew Orleans group By Dan Wascoe Jr. StaffWriter With a blend of teddy bears and specialized care, the Twin Cities' four children's hospitals command grateful admiration from thousands of families.

But as health care reforms take shape, the heat is on to consolidate and cut costs. And some health officials now question whether there's a need for all four hospitals. Are children and their families best simply wasn't there. The parting of the ways: In U.S. District Court in Minneapolis, Wolfenson and Ratner, via legal motions, said they want to terminate their contractual relationship with Top Rank.

It is a signal that they want to begin dealing with other potential buyers. According to the legal the Wolves notified Top Rank on Tuesday that their contract is terminated because Top Rank breached the deal, mostly by not supplying the NBA with required information. Spokeswoman Pat Gormin said Top Timberwolves continued on 9A reprieve delayed the veto's impact, Gillette's leaders warned that the hospital might have to close. Less in the news but part of the mix are the other two institutions: Variety Club Children's Hospital (part of the University of Minnesota Hospital) and Shriners Hospitals for Crippled Children, both in Min "It would really hurt Minnesota's Image if the Timberwolves left the state right now." Agree Disagree Disagree strongly I w7a 1-4 No opinion Star Tribune Graphic strongly 44 "The state has no business getting Involved in the Timberwolves deal." Agree isagree 1 Agree Disagree singly strong.y 37e Want to start a fight? Ask a Minnesotan about the Timberwolves sale, or the public buyout of the Target Center, or whether pro basketball even matters to Minnesota's quality of life. Minnesotans are divided on virtually any public policy issue having to do with the Wolves, a new Star TribuneWCCO-TV Minnesota Poll has found.

The National Basketball Association's Board of Governors may have officially killed the sale of the team to New Orleans on Tuesday, but the debate over the team in Minnesota shows little sign of quieting down. Listen to two voices from opposite sides of the divide. By Jay Weiner StaffWriter New York, N.Y. It was a day of one final ending and one apparent parting of the ways. Tuesday was also filled with movements and words that suggested the Timberwolves' saga is about to land squarely back in the Twin Cities, with New Orleans a faint memory.

The ending: As expected, the NBA's Board of Governors told the Wolves owners, Marv Wolfenson and Harvey Ratner, that they can't sell their team to Top Rank of Louisiana, which sought to move the operation to New Orleans. Top Rank's money 6 No opinion Source: Star TribuneWCCO-TV Minnesota Poll of 499 adults statewide, June 17-19. Margin of sampling error, no greater than 4.4 percentage points, plus or minus. i.

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