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Publication: European Stars and Stripes Thursday, September 28, 1978

You are currently viewing page 22 of: European Stars and Stripes Thursday, September 28, 1978

   European Stars And Stripes (Newspaper) - September 28, 1978, Darmstadt, Hesse                                Thursday september 28, 1978 the stars and stripes Page 23 saturday banking trial at 11 Sites greeted by unanimous approval by Bob Hoyer staff writer Frankfurt is saturday Bank ing now being tested at 11 american express banking facilities in Germany is proving to be highly popular. Bank and military finance officials Are monitoring results of the 4-month test to determine if saturday banking is economically feasible. So far results of the saturday banking which began july 29 Are promising. A stars and stripes Survey of patrons at four of the 11 Sites revealed unanimous customer approval of saturday hours. Many patrons said they like saturday banking because it s the Only time they can conveniently make it to the Bank. At All four Sites tellers were kept Busy by steady lines of customers. No Chance for weekday trip my unit s 37 Miles from Kaiserslautern and i Don t get a Chance to come Here during the week said 1st sgt. George Bradford a Btry 5th in 6th air defense arty in line at the Vogel Weh shopping Center banking facility. It s about time they started opening on  i can t get Here during the week said Edith Kemmerling Kaiserslautern also inline at Vogel Weh. I think saturday banking is needed. There Are lots of people who can t get to the Bank during the week without taking off from work said capt. Dewey Getz Ramstein medical clinic in line at the Ramstein a banking facility. I think it s a great idea. I normally work All week Long and can t get Here during weekday hours said . John Derivan 86th organizational Maint so an other Ramstein customer. I think it s a tremendous idea to have saturday banking because it is so hard to get to the Bank during the week said sgt. . Roosevelt Parker 903rd Maint co. A customer at Schweinfurt. Of nov will present autumn forge special Frankfurt a 30-minute special on the annual autumn forge Field exercise series will be shown on of nov sunday. Of nov Germany has scheduled the presentation for 5 30 ., of nov Berlin will air the program at 11 50 . And of nov Bremerhaven will show it at 5 50  In this special an salutes the military members participating in autumn forge and reviews some of the highlights of this massive series of Field training exercises that Are conducted throughout the euro Pean theater. Most soldiers on full time duty prefer to go through the line during the noon hour but noon is when Many wives go to the Bank and the soldiers Don t have time to stand in line said maj. David Taylor. 3rd so 7th Cav Schweinfurt. Saturday banking is right  added Schweinfurt customer pfc. Richard Watson b co 2nd in 39th Field arty. Spec. 4 Anita Gray a clerk at 1st army div he in line at the Ansbach banking facility said she used to Rush to the Bank on Friday. Now i Cash a Check saturday for weekend shopping and avoid the  speaking from an employee s viewpoint Ansbach s Barbara Sliva said when we work saturday we get a Day off during the week. Everyone Here is Happy with the new  in Frankfurt James Kaul american express military banking vice president attributes the heavy volume of saturday business to word of Mouth advertising by banking patrons. Banks at the 11 test Sites Ansbach ii Lesheim Schweinfurt Wil Flecken. Vogel Weh Ramstein a North Mannheim Span Dahlem. Hahn a Pitburg housing area and Karlsruhe Are open from 9 . To noon. Saturday service is limited to individual account holders. For instance no unit accounts Are be serviced. Results of the test will be reviewed in november by american express and works councils involved to determine whether saturday banking will continue beyond the trial period. Announces if on la. Inaugural Laker spurns Rolls buying . Engines los Angeles a sir Freddie Laker Maverick of the International air line Industry has spurned Britain s pres Tige Rolls Royce company and opted to buy about $116 million Worth of general electric engines from America to Power his new Fleet of 15 jetliners. He made the announcement while air borne late tuesday in a dc-10 Laker air ways Jet bound from London to los an Geles on sky train s inaugural daily cheap fare $185 flight to America s West coast. The be engines Are to Power 10 euro Pean Airbus a-300-b4 planes and five Mcdonnel Douglas do los which Laker or dered last week. Laker said he decided not to buy British engines for two main reasons he believes Rolls Royce cannot Supply the Jet rb211 engines in time for the 1981 summer Holiday season when he Hopes to put his new Fleet in service and also be cause the be engines will be interchangeable on All his new planes. In the final event Rolls Royce with Drew from the contest because Laker air ways was unable to accept even the few months delay which could be needed to re certify the a300 european Airbus with the Rolls Royce engine said Laker. He told a British broadcasting corp. Interviewer aboard the los Angeles bound Jet after a lot of discussion we came to stocks Courtesy of Dean Witter Reynolds Frankfurt Dusseldorf prices at3p.m. Sept26 sept27 address graph 26.1 26.5 Allied chem 36.0 35.6 Allisch Alcoa Arda Hess am air Flor am airlines am brands Abc am can co am  am �1 per am Home Arn motors att Ampex Ashland Oil at Rich Avon Bella How Bendix Beth steel Boeing Borden Brunswick Burroughs celanese Chase Manh Ches Ohio Chrysler Clark equip Cluett pea 34.7 45.5 32.0 33.6 17.1 51.2 58.0 39.1 29.2 23.1 30.0 6.1 61.0 16.2 44.6 53.4 56.4 20.2 39.6 23.4 64.5 29.0 17.1 77.6 45.4 33.4 45.0 12.2 37.4 12.6 34.7 45 31.4 33.7 16.4 50.7 56.3 38.6 29.4 23.0 29.7 6.0 61.5 16.2 45.3 52.7 55.0 20.2 39.2 23.6 63.0 28.6 16.6 76.6 46.4 33.7 43.6 12.0 37.7 12.5 coca cola cold Palm lbs Conw de con Edison cont data Deere co dig equip Disney Dow chem Dupont Eastern Airek Exxon fair Cam Firestone first Nat Fluor Ford Gen Dyn Gen elec Gen foods Gen instr Gen motors Gen pub u Gen tire Gillette Goodrich Goodyear Grace Grumman Gulf Oil sept26 sept27 43.6 43.4 20.5 20.2 57.0 26.5 24 38.7 35.0 50.5 41.4 28.2 129.0 13.5 62.4 51.6 37.0 13.3 30.6 39.7 45.2 84.7 53.1 33.1 36.1 62.5 18.6 30.0 31.2 20.4 1j.1 29.1 19.5 25.5 57.0 26.5 24.1 36.5 34.5 48.6 41.1 27.5 126.4 13.0 60.3 51.5 35.4 13.3 30.3 38.7 4.5.0 81.2 52.6 37.7 35.4 62.2 18.6 30.0 31.4 20.5 17.2 29.3 19.5 25.1 Gulf West Hilton Honeywell Houston Oil ism int paper itt Ite corp Johns in Vale Kaiser Alu Kennicott Kraft co Libby Owen Litton Lockheed Macy Marathon Martin mar May depart Mcdonald s Mcdonnell d Mem Mem Mobil Oil Monsanto Nat sem icon Nat Gypsum West Airl Natoma nor corp Ohio Edison Olin corp sept26 sept27 14.2 14.3 Owens Iii 51.7 52.2 pan am air 66.1 24.2 281.2 44.6 31.4 25.7 31.3 35.4 26.6 48.2 27.6 25.2 29.3 41.3 52.0 32.2 25.2 51.4 31.6 47.6 59.5 69.7 57.7 28.4 18.7 31.5 48.6 60.3 18.0 16.0 64.4 23.6 276.4 44.4 31.3 25.4 31.2 34.7 25.6 47.6 27.2 24.5 28.4 41.3 52.4 31.1 25.4 50.3 31.5 46.1 58.5 70.2 57.0 26.4 18.5 30.2 47.0 59.5 17.7 15.4 Pepsico of in of Phil Morris Polaroid proc Gam Raythelon Ria re pub steel Revlon Royal dutch St Regis p Sears Shell Oil Sperry Rand san be int Tel Edyne Texas inst Texas util Twa travellers Union carb Union Oil Union Pac uniroyal unit Airl us steel Westing hse Woolworth Xerox Zenith sept26 sopt27 22.0 22.0 8.7 1 1 29.2 1a 9oo.z 73.0 50.2 87.6 48.2 29.5 25.5 53.2 62.5 32.2 23.1 36.2 44.5 36.6 101.3 86.4 20.2 25.7 38.3 40.4 54.0 57.3 7.5 39.5 26.4 21.6 21.3 55.0 16.5 28.7 1c a i it 71.1 48.4 87.0 47.4 29.1 25.7 52.4 63.2 32.0 23.0 35.4 44.2 36.0 98.4 85.4 20.2 25.0 38.0 39.3 54.6 52,0 7.6 38.1 26.5 21.5 21.5 54.0 16.4 the conclusion that if we were to have oils Royce engines the air planes would be a few months  the flight arrived Here 20 minutes ahead of schedule tuesday night. The plane pulled into the los Angeles International Airport with the Pilot and co Pilot smiling and waving to reporters and on lookers. Laker whose Cut rate trans Atlantic air fares have fuelled a revolution in cheap air travel was with his wife and about 50 journalists. The passenger Load was Well Short of the 300 seats available for passengers. But a Laker spokesman said that was was expected and predicted the daily flights to los Angeles would be at 345-seat capacity or close to it when the cheaper off season fare of $162 goes into effect oct. 1. We will be full on sunday the spokes Man predicted. Sir Freddie timed the Start of his flights to los Angeles to observe the first anniversary of his pioneering sky train link be tween London and new York. Laker flights have carried nearly 250,000 passengers Between London and new York for $9.3 million profit in the first year of operation a Laker spokesman said. Laker flights to new York twice daily during the summer season Cost $112 and the return flights costs $135. They have averaged 83 percent of capacity. Laker launched the los Angeles flights in typical style by showing up at 4 . To sell tickets. He also poured Champagne for the first 40 passengers in line. 15 most Active new York up the 15 most Active stocks in new York Stock Exchange composite trading at 4  Wednes Day sales Varnada inns 1,178,100 Carrier corp 804,600 Sears Roebke 371,900 Exxon corp 308,500 pan am air 287,300 Holiday inns 220,100 oct Ontl pet 199,900 East Kodak 190,000 Polaroid up 174,600 Texaco inc 169,400 Malinc 168,300 ban America 165,600 Braniff Intel 159,600 tand corp 155,400 27vj 2 a last 13% 26% 22 a 51% 8vo 26% we 60 48 24% 37% 26% 16 27 /3 chg. I a u b v/4 be a i v4 amex 10 most Active new York up the 10 most Active stocks in american Stock Exchange composite trading at 4  Wednesday sales last chg. Instr mss 122,100 1% Synte corp 103,600 34 i grabs net 95,200 7 a me cull Oil 89,000 5 a a resorts a i 67,400 45% a resorts Intia 65,500 135 % Lodge ship 64,800 3 a Allied artist 59,800 5v4 4 Houst Orvoil 59,200 23% data product 53,800 18% % 5 alleged Bonn spies Karlsruhe. West Germany a Cpd five prominent West germans named As Eastern spies by a top romanian do Felor have been cleared Kurt Rebmann the fed eral chief prosecutor announced tuesday. Rebmann told a news conference he had found no proof to Back accusations against them made to the Cia by it. Gen. Ion Pace a state Secretary in the romanian Interior ministry who defected the end of july. A romanian government purge and a bitter dispute in West Germany Between the ruling social democratic party and the opposition Christian democrats followed his interrogation in the the United states by the Cia. Pace a described As a big fish spoke of spies in High places in Bonn. Lifted immunity As a result of information Given West Germany by the Cia West German Security authorities investigated Uwe Holtz a social democratic member of parliament1 and Joachim Boudre Groger personal assistant to Egon Bahr the general Secre tary of the social democratic party. The bundestag lifted Holtz s parliamentary immunity so his office could be searched. Three other prominent persons were investigated but their identity was not Dis closed. One was identified by Rebmann Only As a High civil servant in a Bonn  the investigation against ail five has been stopped because of  of  Rebmann said. Rebmann said searches failed to pro Duce any incriminating evidence against Boudre Groger and Holtz and their Testi Mony was credible that their contacts with romanians were business ones. Holtz said he had had no reason to be Lieve that any romanian diplomats he knew in carrying out his parliamentary work had been secret agents. The controversy began when the news paper die Welt said Pace a told the Cia that Bahr had drawn up a secret plan Call ing for West German withdrawal from nato in Exchange for a russian Nona  Sion guarantee. Bahr was described As advocating such a plan As a step toward the reunification of Germany. Organ Competition won Paris up Todd Wilson 24, of Cincinnati has been declared the Winner of the sixth International Organ Competition of Chartres in which 43 competitors from around the world took part. Dow Jones averages new York up Dow Jones closing wednesday High Low 30 industrials 875.-13 850.45 20 transports 247.71 241.77 15 utilities 107.10 105.89 65 stocks 304.00 3298.14 close 860.19 242.65 106.26 296.95 Chango -7.97 -2.77 0.17 -2.38 conversion rate London a wednesday s closing rates of the . Dollar to european currencies. Figures Are expressed in dollars to the British Pound other local currencies to dollars sept. 26 British Pound 1.9705 German Mark 1.9492 French franc 4.3775 dutch Guilder 2.1130 belgian franc. 31.92 italian lira b23.55 Swiss franc 1.4960 greek drachma 36.680 turkish lira 25.25 Spanish peseta 72.65 these Are commercial rates and can be related Only to the use of foreign currency by . Forces for official business. Sales of German Marks to . Personnel for personal use will be at the rate of 1.92 on thursday which is based on Price fixing at midday and allows for Standard handling charge. Sept. 27 1.9705 1.9430 4.3750 2.1143 32.30 822.95 1.4975 36.605 25.25 72.50  
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