European Stars and Stripes (Newspaper) - May 05, 1991, Darmstadt, Hesse Ftp my t. Tut uni if4nm a Mii #0 4 do mar watch Snow i Bytow a my of Chi tick a mfow9 Raim Forth woo of apr 25 my 4 compos we door Hortn Tor it aim period am by Tarth Pound on Pound would oort you $1457 7 m Tafisi Ilij ill it 3 it 111 ii a amp German made one Dollar would buy you 1.73 1981 2, 1.65 i 1 1 t i Vul wit i i ii a v 1 f a 7/hii re 1> 1 h ii a a i Imo i i Isaae a vary a a Dong Raff italian lire one Dollar would buy you 1514 1309 1234 a mgr ism 7 a cd a Quot 1991 a 1986 Spanish peseta one Dollar would buy you 109 106,10 140.10 / ssh or a is s in is Fri or is Sas Friday surge boosts Dollar Luni Stic Unzem a surprisingly of Monistic Plo Menf report helped the Dollar rebound from midweek losses Friday afternoon in Europe but some currency traders believe the gains could be Short lived. Late Friday the Dollar zoomed to 1,74 German Marks a gain of More than 2 pfennig on the afternoon. The Dollar also gained against the British Pound moving from $1,713 for a Pound at midday to ,70 late in the Day. Helping the dollars surge was a labor department report that showed unemployment in the United states fell 0.2 percentage Points to 6.6 percent in april the v first decrease in unemployment in almost a year. Foreign Exchange dealers had been expecting unemployment to go up perhaps to 7 percent. Whether the Dollar holds its gains is another matter. Jonathan Griggs an economist with Barclays Bank in London said foreign Exchange dealers Are Likely to drive the Dollar lower next week after studying the unemployment numbers More closely. He said the labor department s report also showed that non farm payrolls shrunk by 124,000 jobs in april and that suggests continued weakness in the . Economy. Military Exchange rates for the weekend were set before the afternoon surge. So at military Banks in Germany one Dollar will Buly 1-67 Marks through monday while in the United kingdom a Pound is Selling for $1.75. The Stan and stripes a. Mexican restaurant Chain looking to expand off base #1 rows a they Wyt Mainz cd pm by a Tim a the it Ewe Mutt met hot Tahr vhf taste of to co 11 army hmm it Matte and Mainz lat year. Is. To no Rudi in Lex tue Irin 01 her military com Mumm. We have to be care Tut where we an a said Fred Grube Kurmon or Chion International a so Many co Wnm wide wanted a. A. Two More of the mexican Eaf Cra Are scheduled to open in Cutet Harg and Frankfurt this year hut Chi Chi International has turned Down re quads from a number of other communities. In fact Chi a hts a seems More interested nowadays in expanding on1 the German Economy than in military communities Chi Chi s is gradually gaining a foothold to Germany with one restaurant due to open in Aschaffenbur by summer s end and others under consideration army Community officials say they turned to Chi chips to replace clubs that were losing Money with a profitable oper at Ion and to provide an american style restaurant while they initially expected to receive $150,000 from both the Hanau and Mainz restaurants the amounts Are expected to be Iwer during this first the main reason that we went that military route was because of the availability of facilities that suited our needs a Grube said. The restaurant business however makes More financial sense off Post he added Grube said Chi Chi s prefers outlets on the Economy because they re not As restricted in their leases or with their prices. Chi chips contracts with the Milt tary so far have been for five years with an option to renew. The minimum acceptable lease agreement for Chi Chi s franchises in the United states would be 15 years he said. Al Parkes Chi Chi s franchise services director said the Mainz Community also has reserved the right to take Back its club premises after two years in which Case Chi Chi s would be compensated for remodelling expenses based on a five year depreciation plan. In Hanau rhe German franchise owner a will be very Lucky to get his Money Back in five years Grube added. For Chi chips to consider setting up any new restaurants on base comm me tee Mcger of Kfaft i Faff tit dam me tour Bpwe fat ant its Tabu cities must be Able a pm amp a a fit St that can be renovated a # reasonable Cost and have a Large enough Pope amp Tosoff to support the rest Aero he said Chi Chi s Caff that i Mil Hoff Tytka birr amp pm amp farm via it modelling the hartal Tefr card wet housing Are Cess iffy to Toteff $880,006, and Cyri Bftts paid a amp Tom Spruce up its is rein mafia with the threat of troop Large Iff Europe it be pm face to move i nto in Crany Community be cd however there a std Bope fee Sfaxi Caff food fans Iff number Granwehr arid Grube said car chips a it consider openings Iff each cities but Quot a far As that a probably the at some Point less titties. Might be carom Deri smaller mexican fast Foo shop Pronto we str is similar to Tscha be amp amp amp to Ftp it fac Tir m Iff a if Eddy 0m my fume mate Damp it to pfc amp Fafe is my a a mme amp amp in 1 facts about Chi Chi s a Chi Chi s is owned by Foo maker inc. An investment group bought rights from Foo maker la operate overseas As Chi chips International. The overseas group has restaurants in Kuwait and Luxembourg in addition to Germany. It plans to open an outlet in Brussels and is talking with prospective franchisees in Bahrain Paris and Cairo Egypt. Q in the United states and Canada Chi Chi s operates More than 240 restaurants with about 20 opening each year. Chi Chi s International expects to open five new restaurants a year overseas. A amps Sharon Kilday of sates at tar Echo Cal Sotrop Deruff Hanau Germany March 3t rotated $773#i5% Cemma Fify i officiate said it thar t7�4tweisf toe \ the Cdr Munir a an Ltd q three Chat Chi Sre staur a tether. Had operated i or in a eur fish investor i changed. A a. If he Mainz Germany j returned �4-1 a is a mar Fundor Nurr nov. St. of contract bar requires the restaurant Tor Fum 5-percent of and Pec its alcohol sates to t total safes throw a the in def March were roughty$bo0,, Chi red a give exact safes figures
