European Stars and Stripes (Newspaper) - February 27, 1991, Darmstadt, Hesse                                Wednesday february 27, 1991 the stars and stripes b Page 17money matters i today a tip cafes Europe officials Arentt sure Why but sales of wines and i a dior have actually gone up Over the last few months despite the deployment of thousands of troops to the Middle East class six liquors sales went from $17 nillion in october through december 1989 to $18.2 million for the same months in 1990. Master sgt. Dayton p. Strickland an Malafes spokesman said the surprising 7.2 percent in crease is probably caused by the weak Dollar smoother delivery of products in recent months and the influx of reservists to Europe who Are shopping at class six outlets for the first time. Conversion rates London up tuesdays closing rates for the . Dollar to other currencies. Figures Are expressed in dollars to the British Pound other local currencies in dollars a Gold was quoted Al $353,75 an ounce Silver at $3,64, a a a a feb 25 a a a a feb. 26 a British Pound .1,92551.9155 a German Mark .1.5176. 1.5280 French franc. .,.5,1440 5,1755 Dulch Guilder .1.7020 1,71 belgian franc. A. ,31.13. 31,42 italian lira a 1.130.90. 1.130.90 Swiss franc .1.2985 a a �1.3090 greek drachma.,.161.95 a a 162,90 turkish lira .3,265 20 3294.40 saudi arabian Riyal .,.,.3.7503. 3.7503 Spanish peseta. .94.00. 94.31 portuguese escudo .132,35 132.68 Canadian dollar.,. .,. ,.-.m525. A a 1.1529, austrian Schilling. .,.10.6225 ,. A 10.66 norwegian Rosie. .5.8920a. 5.93.  .,.-. .5.8075. 5,0290. These Are unofficial rates As reported by wire service and banking sources and they Are listed to give some idea of daily a currency fluctuations. The Only official rate concerns the Sale of German Marks to . Personnel for personal use and this will be 1.48 wednesday based on mondays noontime Price fixing new York Exchange new York up a York Slock Exchange Slock. Boeing co Philip Morris Ltd corp ism corp. No West corp Pepsico inc. Prime motor inn Fiji Nabisco it Baker Hughes Gen i electric Phillips petrol. Schering plough Ford motor co Glaxo holdings Upjohn co. The 15 most Active stocks in new composite trading on tuesday. Silet .838.200 ,691,500 ,673,700 ,227,000 ,819,000 ,662,600 ,538,700 528,100 ,521,400 ,336,000 ,305,700 ,267,700 267,500 235,200 ,225,500 last 46 i 66 44 1vi 129 v4 24 44 a 32 a a 1 44844. 2844 68 i 26 i 48 a a 29 i 35 44 44 Nelcha. Oft Oft i w up Vuk 0113 44 a off i off up 44 unch a up v4 off 1 i up 44 off i it off i off 1 i up 1 a american Exchange new York vv., american Stock exc Slock Conti air Hodgs. Energy service Nabors Industry Dow chemical it Amdahl corp foundation Hultti fruit of loom Dia sonics inc Bat industries Echo Bay mines a the ten most Active stocks in Iange composite trading tuesday. A sales 1,169,600 789,300 430.000 336.700 313.000 303.700 293.600 267,500 262.600 261,200 last 3 a 244. 644 a 4 15 a 23 44 11 44 3 15-16 12 i 744 net cd Uncle up 44 att a up 44 off % m is a up a unch unch off 16. Up a new York up a Dow Jones dosing Range of averages fun Day. 30 Ndu Sota a 20 transport 15 a writes 55 Slock Gigli Low close change 2895.30 2840.10 2854.60 Oft 23.27 1122.71 1100.85 11d8.78 off 19.04. 215.85 212.34 213.09 off 3.08 1033.96 1014.57 1022.08 off 12.07 in new York up a . Motorists already May have seen pump prices full about As far As they re going to go even with the end of the persian Gulf War in sight Oil experts said. A a aria lists now agree that retail gasoline prices have bottomed out or Are near their Bottom but they differ on when the use would begin. Some said prices at the pump would climb in the next few weeks others by tale summer. They said the gasoline Price trend could depend on what Steps the 13-nation organization of Petroleum exporting countries which pumps More than a third of the worlds crude takes to Cut the current global surplus. John Sauer general manager of planning and analysis at Conoho inc. In Houston said he thought pump prices had about bottomed out and would soon in ii to Rise a a moderately by about 5 cents to 11 cents a gallon. Bill Randol. An analyst Wilh first Boston. Corp., agreed saying a fall factors a Point to a moderately higher gasoline prices of 5 cents to 10 cents a gallon three months from now As the Start of the summer driving season accelerates demand. A a. V a the factors include retailer profit margins returning to Normal wholesale and Relmer margins increasing and crude Oil prices stabilizing after tumbling in recent weeks he  Redpath of Energy Security analysis in Washington said Oil prices probably will remain in the s15-to $20-Barreprange for the next several months and then begin Quot squeaking Back  the Price of the . Benchmark West Texas intermediate  below $18 a barrel Friday on the new York mercantile a a Exchange for the Fust time since mid july. A Quot Quot a. A 7 talk authoritative   found in its latest biweekly Survey com a plated. Sunday that pump prices nation. W1 i in c h a d f a 11 e n 4.9 7 be n t a 1 o a a w e High t c d average of $1.2034 a gallon  ii grades of gasoline a 26.75 cents less than the mid october Peak of $1,471 9 a gallon. A wholesale prices Are still falling but we re m february now and there will soon be an upswing in consumption As the Peak driving season  the eos Angeles newsletter said a so As seasonality helped Bung prices Down it can help bring them up. A said Trilby Lundberg director of the Survey. A a March is a significant  always moves up in  slumping Domestic Auto sales tied to preoccupation with War Detroit up sales of domestically made vehicle during mid february fell an estimated 11 percent from year ago Levels As the Industry remained Hamstrung and buyers remained spellbound by news from the persian Gulf. Sales of domestically built cars alone during the feb. 11-20 period declined about 8 percent from a year ago when measured by sales per Day. Light truck sales fell an estimated 15.6 percent. Annual sales of domestically built cars the most common yardstick of Industry performance reached 5.9 million cars during the period Down from 6.5 million units a year ago. 1 while the Allied ground offensive into Iraq and Kuwait did no to Start until after the latest sales period anticipation of such an assault was High during the period.,- a Quot. A / a a Quot a a  a people must be staying Home watching the news and not out buying Gars a said Industry analyst David Healy of Barclays Bank Dezoete Wedd in new York. But he said if predictions of a Short ground War prove accurate sales could rebound with consumer optimism. Scaly estimates both the Economy and vehicle sales which have been in the doldrums since late last year would recover following an end to the War albeit at a slower rate than in past cycles because there is still a heavy consumer debt to be liquidated. It big three Auto sales sales of . Built cars fell roughly 8 percent Between feb.11 and feb 20, Industry officials reported. Light truck sales fell an estimated 15.6 percent. Below is a breakdown by company. General motors Ford Chrysler corp. A Chester s figures Are estimated for fab 11-20, source individual companies. Sales of general motors domestically made cars declined 13.9 percent while its Light truck sales fell 19.3 percent. Ford motor co. Posted a 3.8 percent decline in car sales and a 13.9 percent drop in Light truck sales. Chrysler  car sales were Eslis amps Wes Boohoo mated to have declined 5.6 percent while its Light truck sales including jeep fell an estimated 15 percent when compared with the combined total a year ago. Chrysler a figures Are estimated because the no 3 automaker reports sales on a month end basis Only. Stores in . Boston apr the recession has forced Many Moncy strapped Consumers to take a first look at second hand stores and Thrift shop operators report seeing a new Type of buyer a one who sometimes arrives by Cadillac. As the recession continues in the United states Thrift store operators also report a problem not usually seen before second hand stores running out of items because people Arentt giving them away. A More people Are holding on to things because they re not sure where their next paycheck is coming to font a said Al croaker Quot of the is. Vincent Depaul society in Boston.  Thrift shop operators report business is booming when they do have merchandise on the Shell. Goodwill industries reported sales of $325 million in its 1,20 1 stores in 199 1, up 8.5 percent from the previous year said Jeanne Hamrick spokeswoman for the Bethesda mdbased organization. Quot our sales Are just phenomenal and it s during a time when no one cd see a Are Quot said maj. Dick Norris who manages a salvation army Center in downtown Dallas. A your Little store had a 30 percent growth Vaetor last year a business is also brisk in South Florida where about 10.000 airline workers lost their jobs after Miami based Eastern airlines stopped Hying last month. ,. A i was Iii the store Hist week in the Middle of the week and they w Cre packed a said Bobbi Wigand. A Goodwill spokeswoman in fort Lauderdale Fig. But Goodwill reports sluggish sales in the Northeast. Lynn Manning Stiles manager for Boston-area�Goodwill industries said some areas of the Northeast Are so poor that  prices tire Loo High for Many people. Quot we have seen in the majority of our stores an increase in Stiles but in some sales outlet located in areas thai Are very depressed we be been having problems a she said. And in Southern c lilo anti Goodwill officials said their regular customers Are still shopping with them but the stores Haven t pulled in the upscale business that other areas have elsewhere several managers complained of shortages of Small Quot to us e in ild appliance Essich As blasters As Well As dishes pots and pans and sporting goods. A a a if the retail stores Are saying everything a Down it Means people Aren t buying a said Norris if the Dallas salvation army. Quot the Only time people donate to us is when they buy new