European Stars and Stripes (Newspaper) - January 15, 1990, Darmstadt, Hesse Page 20 a the stars and stripes monday january 15,1990 pm to curb hiring reduce costs As . Car Industry restructures today s crossword. Detroit apr general motors corp. Will Pul the brakes on hiring and re evaluate its costs in a program that one analyst says Mir conversion rates London up a fridays closing rates Tor the . Dollar to other currencies. Figures Are expressed in dollars to the British Pound other local currencies in dollars Gott was our tet it s417 75 an ounce trivet it is 33 British Pound Getaw Marl French Trine dutch Gutter Bekgran Trine Itaw or Swiss Frmic greek drachma turkish Bra Santa peseta portuguese escudo Canadian Dollar austrian Schilling norwegian Krone danish Krone these arc unofficial rates As reported by wire service and banking sources and they arc listed to give some idea of daily currency fluctuations. The Only official rate concerns the Sale of German Marks to . Personnel for personal use and this will be 1.65 monday based on Friday s noontime Price fixing . Temperatures Jan it Jan 12 1 6570 1 6700 1 6795 1 6760 s 7365 5 7230 1 9040 1 6973 35 350 35065 1 756 35 1.255 50 1515? 1 4960 157 75 157 25 7 318 74 2.318 72 11002 109 67 146 75 146 20 1 1567 11565 11 6700 11 6350 6 52? 6 501 6 5425 65175 rows the changing Structure of the Auto Industry. Pm said managers were told in a memo to Cut costs everywhere. The move comes in addition to Gmys a action begun in 1987 and aimed at cutting $12.5 to $13 billion in costs by the end of this year. An official said there was no Cost cutting target or timetable for the new program denying a report in Friday s Wall Street journal that said a $1 billion reduction was being considered. A i think it s a classic reaction to the structural change in the Industry a said analyst John Kirnan of Kidder Peabody and co. Of new York. Quot in a not surprised by it. I think it s a Good analyst Charles Brady of Oppon Heimer and co. Likened the recent bout of Cost cutting at pm to the slashing that went on at Ford motor co. In the Early 1980s. Quot its certainly not pleasurable for management nor the United Auto he said. A there will be fewer plants and less workers. But you come out with a better organization just As Ford did in 85 and 86 As a result of those Cost cutting actions in 82 and 83.&Quot pm will shut Down nine of its 31 car and truck Assembly plants next january 13 Hilo Hilo Hile afr inc tens c 58 46 Chattanooga c 44 26 fort 49 30 Akron Cimon c a 15 Cheyenne c 53 31 fort wine c 31 25 Albany of 1 25 18 Cauca go e 31 25 Fresno c 6f 49 c 55 30 pm Conan c 35 26 Good and 64 32 Allentown f 33 22 Cleveland c 27 17 grand Junction c 49 30 Amarillo c 61 43 Colorado spa $ 61 35 Grant rapids c 26 22 Anchorage 39 29 Columbia s c c 51 26 great fairs c 51 29 Ahev in c 39 24 co us Threca c 53 27 grew 24 20 Atlanta c 48 31 Columbus c 33 2? greens a c c 44 74 Atlantic c to r 37 16 Concord n h $ 26 06 Hamburg c 35 20 Austin c 59 53 co it pts Chri i c 61 57 Hartford c 29 it Bali Motif c 37 2? 0a,As it Wohha e 53 43 Helena c 40 27 Baton i out c 57 33 Oiston c 32 25 63 70 $ 53 36 Dayto a Beich c St 39 Houston a 57 47 Bemm Ginarn c 50 27 Denver $ 63 49 c 45 30 b Taro c 36 23 demo Nee 1 37 23 ind snap ours c 33 24 Bose 51 35 of Ftp 1 c 29 2? Jackson miss c 54 31 Boston e 3? 17 due ugh c 22 17 Jacksonville f 56 29 Bridgeport t 31 77 i paso f 62 31 36 34 Bro a e c 69 60 Elk Quot c 24 �?�04 Kansas a Tyc 42 31 Biafra o $ 22 19 Erie 24 2? 41 23 by Angion it $ 25 02 Eugene c 57 46 Lake 51 36 Cir it Bou $ 19 01 Ivins. Pc 36 28 Lansng c 26 20 Casper c 52 32 Foj Rel m c of 02 Las 66 5? Charleston s c t 49 37 Fargo c 32 24 36 27 Chan w i t 34 19 Flagstaff 44 32 45 30 a Ftp Ione n c c 47 29 25 18 Little Rock c 42 37 los agrees c Hilo 64 57 loss Vale c 36 29 Lubbock f 60 33 Macon c 52 24 . 29 21 Medfor d c 50 41 47 35 Beach e 67 60 m flied Odessa f 61 30 a Waukee c 31 26 apis is Paul c 27 22 mob in c 55 30 Montgomery c 52 24 Nishti la t 44 26 now 0rt�j�?os c 53 33 York 33 25 35 22 Norfolk i c 43 23 North Platte c 53 24 Oklahoma c to c 49 39 Omaha a 43 28 58 42 Paducah c 42 31 32 28 ,c 37 20 75 51 week because of falling demand. In March pm will close its Assembly Plant in Atlanta. That coupled with other production reductions will result in nearly 7,800 pm workers being placed on indefinite Layoff by the end of the first Quarter of this year. No. 3 Chrysler corp. Is trying to trim at least $1 billion from its $26 billion annual budget by the end of 1990. European weather Fomish Lor mond a mostly Doudy win so run we to Tonny Al run m vhf Lutyi. A done to it Freud a troll and Dnn m me Central is we southward during the morning hours High temperatures 36-41 North we to tril. 75 30 South we 75-10 Alpine lows 3? 35 South. 75 30 Central and tout Al we 16 71 m Alpine regions Outlook Tor tuesday continued mostly Cloudy a it the tarty morning Light tog Art afternoon ton isolated ram Art i it a showers moving into he Western am by late afternoon temperatures 37 47 North Art Central 30 35 South Low temperatures 71 26 air wart 30 35 elsewhere temperatures recorded sunday 4am 4pm 4am a pm Adana f 34 61 Copenhagen in 34 76 Amsterdam Fig x 34 a a Kurt. Cd 36 36 Athens t 39 1 London. Ltd 34 43 Avia no. To 73 4. Madrid. In 34 39 Berlin Fig 38 39 Munch t 14 77 Bremerhaven Fig 36 36 pans d 39 43 Brussels Fig 34 36 Rome to 34 54 a Pion ded by 0�t 13.2nd weather Wing Graben Trarbach other won dude temper Etudes he Low High Low Cairo e 63 54 Montreal a a Duc a. I 46 41 Moscow c 34 30 Helsinki. I 10 7 Osto c 37 37 Jerusalem 48 34 Toronto a a a Labon. T 61 48 Vancouver a a a supplied by the associated piss for r rain Fig Hilo Hilo Pittsburgh. 25 17 53 40 poc Ateno c 51 31 so out cd c 44 24 Portland Maine $ 31 08 Sou Faust 42 19 Portland Ore c 48 37 South Bend c 30 25 Providence a 31 20 36 34 65 39 i c 35 31 Ralegh c 45 23 Spigt Nof try Mac 40 31 rapid 61 31 Syracuse. 23 17 of Tenor 49 32 Tay 56 22 Richmond c 44 77 St it of go 60 41 Goarcke c 39 23 30 20 Rochester n y s 22 2? Topeka 44 31 Rockford c 29 72 76 43 c 58 49 Tiaa c 48 38 St louts a 39 33 45 35 St Thomas i c 87 74 Waco c 58 52 Salem Ore a 50 42 Wash 0 c a 39 26 Salt Lake 55 40 w Palm Beach c 64 53 56 42 a it a c 48 35 san Anion e 54 53 54 36 san 64 57 a bikes 27 20 san Francisco c 56 50 Wirin def a 37 2? san 07 70 41 27 Santa 51 m Youngstown 23 14 St Ste 24 15 74 51 53 27 mar. A Cloudy. A nit 51 45 show. Mils Skeg across 1 Lake in Italy s health resort 8 band instrument 12 Blue dyes 14 privy to 15 softball settings 16 Calcutta garb 17 actress Foster 18 matters lot dispute 20 Fountain Are 23 Jacob s brother 24 role Lor Luise Rainer 25 like Job 28 bunk or Beith 29 dismissed in a Way 30 Castle s place 32 Singer Judy 34 Pintail Duck 35 author Andersen 36 mating 2 actress game Aucta 37 City in 3 card game missis 4 Quot the a and Sippi the sea 40 Michigan 5 kiss Brit. Ontario Slang Region 6 favorite 41 Barren 7 came to 42 Beach the Aid of sight 8 a paper 47 rational 9 two toed 48 foot sloth levers 10 hostess s 49 at Loose Bane Sun 11 cuckoos settled 13 Seine 50 Sault a sights made 19 uttered 51 Ever 20 weep greens aloud Down 21 designer 1 a Palmas Cassini solution time 25 min. Sub Wraa gab Witsil Ihli a a a a ii Mot son sum agia Leo ribs egg pop a ions folic a Ras Krasn Faamau ebb anti Hal i Rill % 4 Al saturday s answer 1-15 22 Nursery syllables 23 merits 25 Chopin and Juszt 26 Dropper snob 27 to s a family 29 source of Linen 31 Legal matter 33 place Tor the colossus 34 poorly made 36 closing passage 37 foundation 38 open member 39 swedish Nightingale 40 Dagger 43 funny Carney 44 rubber Roe 45 Moon phase 46 double curve crypt quip 1.15 the far Side a ooh my god Berle you re wearing my Nylon a
