European Stars and Stripes (Newspaper) - April 25, 1991, Darmstadt, Hesse                                \ thursday april 25, 1991 the stars and stripes b Pago 17money matters today s tip Western Union corp. Hopes that an expected bankruptcy filing later this year wont tarnish its Good name. And to make certain the company is changing its name to new Valley corp. Why change to new Valley the company said the new name retains a link to its deepest roots. For the first five years following its original organization in 1851, the company was known As the new York amp Mississippi Valley printing Telegraph co. Conversion rates London up a wednesdays rates for the . Dollar to other currencies. Figures Are expressed in dollars to the British Pound other local currencies in dollars Gold was quoted at $355.75 an ounce Silver at $3.94, a april 23 april 24 British Pound .1.7125. 1.6995 German Mark. ,.,1.7460 1.7445 French franc. 5.9420. 5,854 dutch Guilder. .1.9838 ,1.9550 belgian franc. 36.0925 35.6800 italian lira1,300 20 1.201.40 Swiss franc. .1.4595 1,4665 greek drachma .190.40 .187-70 turkish lira. .,.3,870.00 3,865,80 saudi arabian riyal3.7501. 3.7501 Spanish peseta. .108.45 106.80 v portuguese escudo. ,.150.90 149.30 Canadian Dollar 1.1563 a 1.1535 austrian Schilling. 12.3930 12.20 norwegian Krone. .6.8540 6.7430 danish Krone .6.67235 6.62 these Are unofficial rates As reported by wire service and banking sources and they Are listed to give some idea of daily currency  Only official rate concerns the Sale of German Marks to . Personnel for personal use and this will be 1.69 through wednesday based on tuesdays noontime  York Exchange new York up a York Stock Exchange the 15 most Active stocks in new composite trading on tuesday. Stock sales last net chg. Nova up Alberta 3,804,500 7 % off % Mai inc. 2,463,700 35 % up a Upjohn co 2,147,100 44% off 1 w Boeing co 1,901,400 47 % up Philip Morris a .1,886,500 67 vie off i at amp to co 1.802,100 36 off i adv Micro docs 1,769,200 12 i up Amer express a. T,700,800 26 or off % nor corp 1,633,700101 i off % Salomon inc a 1.532.400 32 i up 1 h Bank o Boston 1,525,700 7 i off % Fleet Norstad 1,460,600 21 % up 3 % Schering plough 1,446,800 48 a a up i general motors 1,426.000 37 a off i Pepsico inc 1.324,000 32% up % american Exchange a new York up a the 10 most Active stocks in american Stock Exchange composite trading tuesday. \ Stock sales last net chg. Bergen Brunswig 849,100 26% off 1 % Hill Hayen corp 615,100. 2 min up % Amdahl corp 435.500 16 off vie fruit of loom. 381,000 15.  epitome inc. 366,100 16% off i Western digital 327.400 5% off a a Aspen Oil inc 290,100 1 % up % Conti air hides 273,300 2 % off % Alz corp 269.900 60% off 2 Echo Bay mines 240,100 8 unch Dow Jones new York up a Dow Jones dosing Range of averages tuesday High Low close change 30 industrials 2957.92 2905.94 2930.45 up 2.73 20 transports 1156.61 1143.86 1157.09 up 5.47 15 utilities 212.15 207.81. 209.51 Oft 1.44 65 stocks 1055.26 1035.64 1045.31 up 0.92 North showing old resilience in fashioning thriving Empire by Sara Fritz the los Angeles times Washington a former Marine it. Col. Oliver l. North is demonstrating the same ingenuity and initiative outside government that he showed at the White House during the Iran Contra affair. He has recently transformed himself into something of a one Man conglomerate. A Collie  includes a unusual variety of enterprises including specs making at $25,000 an appearance a weekly Public service radio broadcast and a tax exempt foundation known As Freedom Alliance aimed at encouraging americans to Register to vote. His newest Endeavor is a company that manufactures bulletproof wests. A a a a. A a a a a. A a in the company a advertising. North who As a White House aide claimed that he was marked for death by International terrorist Abu Nidal says he depends on the vests for his own Protection. Not Only has North overcome onetime financial difficulties but he also has cultivated support for what some conservatives say May be a promising career in politics. North himself denies any such ambitions. As a National Security Council aide to president Reagan North played a key role in creating a secret organization that covertly sold . Weapons to Iran and diverted some profits to the anti Sander nista rebels in Nicaragua. For his actions relating to the Iran Contra scandal he was sentenced to two years probation 1,200 hours of Community service and $150,000 in fines. He also lost his military pension which initially caused his family considerable economic distress. That conviction has since been overturned. The demand for North As a Public speaker is not quite As High As immediately after the 1987 House Senate televised hearings into the Iran Contra affair. But he still makes frequent former it. Col. Oliver l. North appearances before conservative groups where he is something of an idol. A it has tapered off from the first year a said Ben Hart executive director of the Freedom Alliance. A a but he a still in pretty heavy  Hart said most of North a speaking fees still go toward paying Legal expenses. At the same time North receives a salary of about $50,000 from the Freedom Alliance which he founded and which claims to have 120,000 Ducs paying members. A a a a a a a a a a a a a a a a a a a a a a a a a a a a a a the organization also raised $2.3 million earlier this year to Send care packages to . Troops in the persian Gulf. Guardian technologies is a manufacturing company that North founded two months ago with Joseph Fernandez Quot a former Cia agent also implicated in the Iran Contra scandal. Its Headquarters Are in the same building in Sterling. Va., As the Freedom Alliance. According to one source the company recently won a contract from the kuwaiti Royal family. In addition to making an apparent  his current enterprises North is also Likely to have Liis pension reinstated soon. He needs Only to have the supreme court reject the request by Independent counsel Lawrence f. Walsh to reinstate the conviction. North a entrepreneurial flowering re fleets what seems to be a pattern these Days former government officials involved in scandals show a remarkable facility for Landing on their feet. By All accounts former House speaker Jim Wright former House majority whip Tony Coelho and former White House National Security adviser Robert c. Mcfarian also Are thriving. Wright who was forced to resign As speaker in 1989 As the result of an ethics investigation is living comfortably on his congressional pension in fort Worth Texas. He makes speeches for As much As $10,000 each and is writing a Book about Central America. Coelho resigned in 1989 after he admitted benefiting from an unusually favourable investment Opportunity provided for him by Columbia savings amp loan. Now he a earning hundreds of thousands of dollars a year As an official with the new York finance firm Wortheim Schroder amp co. A the seems Happy beyond description a a former aide said. Mcfarlane lost his position As a scholar at the prestigious Washington based Center for strategic and International. Studies when his Early involvement in the Iran Contra affair was uncovered. He now runs a thriving International consulting firm Mcfarlane associates. Answering key financial questions builds foundation for investment by the associated press building an investment portfolio begins with self assessment. You must de Termine what you want when you want it and what you Are willing and Able to do to meet your goals before you Start constructing your portfolio. Once your financial goals Are established the key issues become what resources you have available what level of risk you Are willing to Bear and what strategies you w ant to follow. Working through some Basic questions before you meet with a financial adviser will help set priorities and give you a head Start in working with your adviser to develop an investment portfolio that meets your needs. Complete this simple quiz 1. What Are my financial goals in answering this question be As specific As possible in terms of time frames and Dollar amounts. The portfolio construction process cannot proceed with a vague goal such As a i want to be independently wealthy and retire at an Early age.�?�. Your financial adviser needs to know whether your goals require current income or capital appreciation and when Cash flows Are needed. Do you want Money for retirement from military service in 10 years or for a child a College education a decade later its also important to decide How much Money you want to earmark for an emergency fund before allocating resources to meet other financial goals a Quot. A. 2. What resources do i have a or will 1 have a available to meet these goals resources come in All shapes and sizes and your planner needs to know about everything available in terms of assets and inflows both current and anticipated. In addition you need to decide if there Are assets you Are not willing to sell or expenditures you Are not willing to change. During the data gathering meeting with your adviser you will be asked to Supply All relevant information about assets liabilities income and expenses. Planning for this meeting also involves to eating All pertinent documents and financial data. 3. How much risk am i willing to take this question is subjective. How uncomfortable will you be if a Stock drops by 10 percent in one Day can you ignore the Short term fluctuations of markets and hold securities Over the Long term if needed arc you More concerned with High return than risk it is helpful to remember that taking risks in investments involves giving up something How without knowing what your return will be. Your adviser will spend time explaining the risk return relationship of investments and perhaps help you determine your risk tolerance level. Nevertheless you should think Back Over situations that have involved risk and assess How you Felt. A 4. What investments am i unwilling to make Why your previous investment experience will influence the development of your portfolio. Be ready to share this information with your planner and be willing to listen to his or her arguments in return. 5.what other facts or issues Bear on what i am willing or not willing to do with regard to my investment portfolio this final question covers a lot of ground. As with the first four questions your answers will be unique to you. How concerned Are you about taxes does the thought of running out of Money in your retirement worry you would you like to take a year off from work to travel