European Stars and Stripes (Newspaper) - February 12, 1991, Darmstadt, Hesse Tuesday february 12, 1991 the stars and stripes. A a Page 21 Money matters. Gold was quoted at s367 00 an ounce Silver at $3.77. Feb. 8 feb. 11 pound.�?T.77., ,1 9855. 1.9975 �7 German Mark. .1.4570. 1.4485 French franc.7.4 9710 4.9540 a Dulch Guilder. ,1.6435.6385 a belgian franc. .30,025 29.960 a italian lira.,.7, 1.094 90 a Swiss franc. .1.2425 1 2385 1. Greek drachma. ,156.15 155.72. Turkish lira. .3.046 60 a 3.045.50 saudi arabian riyal.,5. ,3.7503 3 7505. Spanish peseta .91.68. 91.50 portuguese escudo 128.97. 128.50 Canadian dollar.,.,.-., .,.1.1582. 1,1572 austrian Schilling. ,10 265 10.230 a a norwegian Krone. .,&Quot.5.716 5.697. A Mattish Krone 5.6175�? u.6.6036 a a. A m a a a a. A. A a. No one is sate from gelling fired the experts say. But they do have a few lips for a face off with the Boss if the Pink slip comes. Done to take the bad news personally done to cry and Don t get Nasty. Quot done to Burn any Bridges Quot advises Martha Redstrom Plourd of right associates in Philadelphia a consulting firm. A How one leaves a company is the Way one is remembered by the company and the person that fires you May become the key Contact Tor your next position a she says. Conversion rates London up monday s closing nites for the . Dollar to other currencies. Figures Are expressed in dollars to the British Pound Quot other local currencies in dollars a a. These Are unofficial rates As reported by wire service and banking sources and they Are listed to give tons. The Only official rate concerns the of German Marks to . Per sound for personal use and this will be 1,42 tuesday based on monday s noontime Price fixing. New York Exchange a a new York up a the 15 most Active stocks in new York Stock Exchange composite trading on Slock Uniss corp. A Philip Morris. A Boeing co Citicorp. Amer express Chase Manhattan Mcdonalds corp general motors. genl electric a Ather sons inc Westinghouse or Eastman Kodak Pepsico inc. Walmart stores. Sales 4.767.100 3.269.200 a 3,107 400 3.075.200 2.623,000. 2,520,400 2.467.700 a 2,235,600. 2,226,400 2.148.100 2,123,900 2,105,500 2.035.100 2.077.700 2,069,600 a. V last 414 6m 51% 16 25% 15% a 30 36% 46% 39% 28% 47% 30% 36% net chg. Up up-2%off % up 1% up1%. Up1% up 1% off up 2. Up1%. Up %. Up1% up up 1%. Up 1% new York Exchange new York up a the 10 most Active stocks in american Slock Exchange composite trading monday Slock Wang labs inc b Western digital Salomon it sat industries pm group Sta Americus get so Cheyenne softer exsport Finan it Hasbro Ino Amdahl corp sales last Nelcha. 1,664,100 3% up 1.171,600 4% a. Up % 93apr 883.100 3% up 669,600 1213-16. Up % 480,700 3% up % 472,800 10%. Up a 447.200 11% up a it a 434,900. 6% off % 430.300 24% up 420.400 15%. Off1/ Dow Jones _ new Tofik up Muncey Dow Jones closing Range of averages 30 30 transport 15 is ivies 65 seeks High 231064 1132.40 218 31 1c41 46 Low 2322 52 1099.44 213.72 1011.83 close 2902 23 1127.12 217.62 1037.85 change up 71.54 up 24.66 up 2 36 up 22.94 by Paula i i trick United press International Houston a Daniel Yergin spent seven years w doing a the prize the epic quest for Oil Money amp Power Quot As he. Fulfilled a personal commitment to enlighten and educate people in Sci National politics of Petroleum iraqi president Saddam i Hussein suddenly provided the Stag for the Book s Success four months before publication w Ith iraqis aug. 2 invasion of Kuwait. Released in Early december a the prize Quot is headed to the top spot on the new York times Best seller list. The books in its seventh printing and 170,000 copies already have been distributed to bookstores nationwide said Joann Digennaro of Simon amp schuster the Book s publisher. Yergin formerly a professor at Harvard business school and Harvard a Ken Nady school of government was the coauthor of a Energy future a published during the 1979 Oil crisis and no. 7 on the new York times Best seller list for about 11 weeks. A a a a a a. A. Although his new Book is a factual his tory of the Petroleum Industry dating Back to its beginning Yergin said it pc minds Hini of a 19tlv-Eenhiiy victorian novel with lots of characters it using in and out of its lengthy plot. / a 7 a by what s happening in the persian Gulfin a Jusi appalled to watch Titis tragedy unfold the important thing is the Book helps provide a framework and a context. There could never have been a belief time for the tune out and provide a service to people Quot he said Yergin outlines three themes behind the Story of Oil its Rise and development in capitalism and modern business the role of Oil As a commodity intertwined with National strategies and global politics and Power and the Fate of hydrocarbon society and hydrocarbon Man in thy face of growing environmental concerns. A hydrocarbon Man shows Little inclination to give up his cars his suburban Home and what he takes to be not Only the conveniences but the essentials of his Way of life a Yergin wrote. A the Peoples of the developing world give no indication that they want to deny themselves the benefits of an Oil powered Economy whatever the environmental he Hopes a the a prize will assist a Tiona Poliey makers in future decisions. "1 m fouling a pretty darned powerful Reaedon everywhere although people see it from different. Perspectives a a Yergin said. A a a Tibet Environ Mei italis is Reading it for one reason the Oil Man for another. One senior person in the Oil Industry a ceo til his company said lie hid Learned o great Deal about events Iti which lie had been a Yergin rewrote the epilogue in May and june sensing rising tension in the Middle East. Quot. A a there were a lot of signals that i picked up that said trouble is coming. I saw in my own mind that polities and Oil were on some sort of collision course Quot Yergin said during a recent Telephone in ten new from his Washington Home. Quot the history of Oil had taught me that Oil is crisis prone. I was asking myself very hard where s the next Flash Point. In the Spring. I became convinced the lash Point was in Baghdad and Saddam 7 Quot hitches by Randy Mcclain financial writer a new service that allows merchants National Bank customers to use their automated Teller Cardilo get instant Casil from other Banks in England Denmark Wales France and the Netherlands does no to always work. Transactions go awry Only 1 percent of the time but that failure rate is a significantly higher than at Bank machines in the United states said Peter Noble merchants electronic banking administrator in Germany. The problem is the number of Electron. In switches that a request for Money must go through when using a foreign commercial Bank a automated Teller network instead of merchants Bank a Green machines. A service member a request for 100 pounds from a Bank on a Street Corner in London for example must travel through several Bank network computers in eng on the continent of eur ,. Europe. In the United states and Back again to London before any Cash is delivered. That electronic Odyssey usually takes no More than 20 seconds hut sometimes a a. Computer synapses break Down along the Way and a customer walks away empty handed Noble said. A recent test of the system in London by the stars and stripes ended just that Way with no Money. Additionally the testers checking account in Germany was later charged a $192.59 deduction Ever though no Cash was received. Noble said that in such cases a review of computer logs at merchants Headquarters can verify whether a transaction actually took place and a customers account can be put right. There Are. Still bugs in the system but it Isnit something that affects every trails action a Noble said. 77. Merchants Bank cards can be used at the following foreign Banks credit Mutual Bank branches in. France Midland Bank the England and Wales Konstanten Bank in Denmark and an Amro , Van Lanset credit Lyon noise anti sons Banks in the Netherlands. Service members with Bank cards from Nalany stateside financial institutions can Access their american accounts at the machines mentioned above As Well. Customers will be charged a Small transaction fee for Cash withdrawals and balance inquiries Gas prices to drop Nickel a gallon current fuel prices the Price Tor gasoline peaked oct. 19 at $1.47 but has dropped 21 cents since. Prices Are based on a National Survey of More than 13,000 filling stations in the United states. Gas on feb. 8 unleaded regular Premium unleaded leaded regular self service St. 12 $1.42 $1.28 $1.56 $1.10 $1.42 a amps Susan Harns los Angeles up a a nationwide Survey of gasoline stations found the average Price of a gallon of Gas dropped by More than a Nick cd Over the past two weeks. V 7 7. Trilby Lundberg an Oil Industry analyst said dropping demand for gasoline and Mure than adequate Supply contributed to the decline in the pump Price shown in the Survey released sunday. A the reason for the Price decline is supplies have lung no sufficient to meet current demand which is Down Quot Lundberg said noting interrupted Oil supplies from Iraq and Kuwait Quot have been replaced by other a in addition Lundberg said Quot gasoline use is Down seasonably hut More steeply than usual. I hat balance of Supply and demand has favored Consumers since late Lundburg a a feb. H Survey of some 1,300 stations nationwide found the Overall Price of Gas a an average of All grades at the self and full service pumps and including taxes a dropped More than 5 cents from the Jan. 25 Survey to about $1.26. The Peak in the Overall Price was on oct. 19, when it stood at $1.47 a gallon. Since then gasoline has dropped More than 21 cents Overall. T he july 20 Price the last Survey before the aug. 2 iraqi invasion of Kuwait that triggered a run up of Oil prices was about $1.17 a Galton. A tile nationwide Survey found that prices at the self service pump were averaging about $1.1 2 a gallon for regular unleaded $1.2s Foi Premium unleaded and $l1 j for regular leaded Gas at die Tum service pump die Survey found regular unleaded Selling for about so ,42 a gallon Premium evil Cadd going Lor $1.56 and regular leaded Selling for $1.42. A a a it a
