European Stars and Stripes (Newspaper) - April 26, 1991, Darmstadt, Hesse                                Friday april 26, 1991 the stars and stripes Page 17 today s tip a number of . Airlines have begun imposing higher fees for customers with extra baggage an increase that airline officials claim is Long overdue and that May help some carriers avoid raising ticket prices for everyone else. Several carriers including Northwest trans world and United allow three bags to be checked for no charge. For bags Over that limit passengers must now pay $45 per item up from the old rate of $30 per bag. Conversion rates London up a thursdays closing 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 3353.50 Ait ounce Silver at 33.9050. A British Pound april 24 april 25 .1.6995 1.6940 German Mark. .17445 1.7530 French franc .5.921 5,854 dutch Guilder. .1.9550 1.9720 belgian franc. 36.6800 35,8165 italian lira.,.,. ,. .1,281.40 Swiss franc .,.1.4665 1,4655 greek drachma. 87.70 189.43 turkish lira,.,. .3,665.80. 3,892.60 saudi arabian rjyat.,. .3,7501 3.7501 Spanish peseta.,. .106.80 107.88 portuguese escudo.,.,. .149.30 150.50 Canadian Dollar. .,.�?z.1.1535 1,1534 austrian Schilling. .12.20 12.31 norwegian Krone. .6.7430 6.80 danish Krone,.,.,. .�?.6.62 6.6360 these Are unofficial rates As reported by wire service and banking sources and they Are 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 1.71 through Friday based Oil thursdays noontime Price fixing. New York Exchange v new York up a the 15 most Active stocks in new Rork Stock Exchange composite trading . Stock Boeing co Lockheed corp Saatchi Saatchi Chase Manhattan ats Tco Bristol Myersq Maytag corp. Philip Morris ism corp Security pacify Dupont amp co Upjohn co. Fleet no Star Mcdonalds Cora get corp. Salet 2.565,800 2.511.000 2.378.100 2.363.900 2.362.300 1.681.900 1.633.300 1.506.000 1.442.100 1.433.300 1,338,200. 1,319,400 1,301,700 �1,262,400 1.252.300 Tail 47 % 42% 1% 19% 37 % 74 a 15 % 67% 103% 25% 41 % 45% 23 35 % 31%. Nelcha. Up up up % unch up 1 % 0 1%. Unch up % a off 0if % up up up 1 % up % ii american Exchange new York up a the 10 most Active stocks in american Stock Exchange composite trading wednesday. Styrl. Stock fruit of loom Western digital Bergen Brunswig carnival cruise Energy Henrica Amdahl corp Bow Neico Dia sonics inc. Dow chemical it Amer healthcare 3 Alee 366,000 292.700 284.600 284.600 277700 273,400 259,900 237.700 229.700 225.700 last 14% 5% 26% 24% 2% 16 14% 4 5-16 5% 1% Nat chg. Off off unch up up unch off 0 11-16 off % up Dow Jones wont Cay Dow Jones dosing Range of averages a 30 industrials 20 transports 15 utilities. 65 stocks High 2965.10 1176.48 211.33 1058.72 Low 2913.37 1151.27 208.25 1039.44 close 2949.51 1171.02 210.39 1053.43 change up 19.06 up 13.93 up 0.88 14 8.17. Experts doubt g-7 meeting will keep Dollar from by Randy Mcclain financial writer foreign Exchange experts expect the Dollar to keep rising Over the next few Days discounting the possibility that a meeting of world economic policy makers m Washington this weekend will produce an agreement to keep the Buck in Check. A at the moment we re not looking for anything Concrete out of the group of seven a said Jeremy Hawkins Intima tonal economist with the Bank of America in London. The term a group of seven refers to the top economic policy makers of Lead my Industrial democracies a the United states Germany Britain France Italy Japan and Canada. The economic Powers will hold closed meetings in the nations capita sunday and May attempt to come up with a plan to put a Cap on the dollars recent rally. But Hawkins and other foreign Exchange specialists said they doubt the seven nations will agree on any effective course of action. And that could be Good news for . Service members abroad who Are hoping for further Dollar gains on top of the double digit advances the Buck has turned in lately. At midday thursday the Dollar was trading in Frankfurt Germany at 1.75 Marks and just Over $1.69 for a British Pound. Some observers believe the Buck could gain an additional five pfennig against the Mark and a Nickel against the British Pound before hitting its Peak. A if the g-7 issues a Bland communique sunday the Dollar could test the 1.80 the Dollar surges shown below Are the Dollar Exchange rates for april 17 april 25 British Pound one Pound would Cost you $1.85 apr1? apr 18 apr 19 apr 20 apr 21 apr 22 apr 23 apr 24 apr 25 German Mark one Dollar would buy you apr 17 apr 13 apr 19 a military Exchange rate a Quot. Apr 20 apr 21 apr 22 apr 23 apr 24 apr 25 if nothing Concrete comes of sunday s meeting initially the. Dollar will grow stronger next week moving upward towards 1.80 Marks with every Chance of hitting  a a David Walton Goldman Sachs London Mark level very quickly Hawkins said. The g-7 gathering is part of semiannual meetings among the worlds top economic Powers. Policy making boards of the International monetary fund and world Bank will begin meeting Friday with the g-7 getting together two Days later. Hawkins said currency traders Are expecting Little action from the g-7 because of Public statements by the United states Ana Germany in recent Days indicating that both nations Are far apart on what they a like to see happen economically. The United states is among the coun tries pressuring Germany to Cut its interest rates to Spur world economic growth. But German officials Are More concerned about Domestic inflation and May even increase their nations interest fates to keep that threat in Check. Meanwhile Germany a Bundesbank and the Central Banks of several other european countries have been intervening heavily on world currency markets this week in an attempt to drive the Dollar Down in value. So far those efforts have failed largely because the . Federal Reserve Bank has stayed on the sidelines. A a a at last count the Dollar had gained just Over 21 percent against the Mark since Early february when the Buck hit an All time Low of 1.4425 Marks. The Buck has also made Sharp gains against the British Pound. Steve Barrow with chemical Bank in London said he expects the Dollar has More room to Rise against both currencies. Barrow predicted that an agreement May emerge from sundays g-7 meeting that draws the Federal Reserve into Selling dollars on the world Market in an attempt to Cap the dollars Rise and stabilize the Mark put he doubts that strategy will prove  it will be difficult for the entire g-7 to agree on a strongly worded defense of the Mark a the chemical Bank economist said. Even if the Federal Reserve starts Selling dollars on the world Market next week along with Germany a Bundesbank that move in itself wont take the steam out of the Bucko a rally he said. A even if the fed does intervene the Market will believe its heart is not really in the Effort. I suspect the Dollar will stay firm against the Mark a Barrow said. A. S4s Wes Booher David Walton International economist at Goldman Sachs in London said it looks to him As if the group of seven nations Are a in disarray concerning action to control the Dollar. Quot if nothing Concrete comes of sundays meeting initially the Dollar will grow stronger next week moving upward toward 1.80 Marks with every Chance of hitting it a he said. Hawkins of Bank of America said the currency Market is still bullish on the Dollar in Large part because Germany Secan omy is saddled with the huge eco Nonic problems in Eastern Germany and the Dollar looks Good a by  Quot the difficulties surrounding the Mark wont go away a he said. A word of caution though if the Dollar does reach 1.80 Marks in the next few Days it wont necessarily be a signal that the Buck will continue to  Barrow and Walton All warned the Dollar May be near its Peak at that Point. The three experts said signs of continued weakness in the . Economy could weigh on the Dollar after that. Earlier this week negative economic news was released showing that orders for durable goods in the United states dropped a whopping 6.2 percent in March and the three economists said currency markets will be watching reports on the . Gross National product and unemployment in the coming Days for further evidence of a weak Economy. A the Dollar has come a Long Way up in. The last 10 weeks and you be got to be suspicious Quot Hawkins said. He predicts the Dollar could fall Back 10 pfennig to the 1.70 level if economic statistics from the states later this month and in Early May Are sour ones. Sci restricts use of at amp to calling cards Washington a amps Sci Mobile Telephone stations servicing Remote military Sites in saudi Arabia Are no longer accepting at amp to calling cards from gis with Home phone numbers in Europe officials say. Until april 15, service members with any at amp to us direct calling card had been Able to place Long distance Calls at the Sci Mobile stations. I an agreement Between the two Telephone companies expired that Day and will not be renewed said Sci spokeswoman Jane Levene. Both companies offer Mobile Telephone service to service members deployed to Forward areas in saudi Arabia. Quot we have no interest in  agreement with at amp to she said. Quot we can offer these customers collect calling to a Germany or the United kingdom for comparable  Sci phone stations will accept Only at amp to calling cards that Are billed to Home phone numbers in the United states Levene said