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Publication: European Stars and Stripes Sunday, May 12, 1991

You are currently viewing page 15 of: European Stars and Stripes Sunday, May 12, 1991

    European Stars and Stripes (Newspaper) - May 12, 1991, Darmstadt, Hesse                                Sunday. May 12. 1991 the stars and stripes Page 15 Money matters Dollar watch shown below Are the highest Dollar. Exchange rates for the week of May 5 May 11 compared with Dollar rates for the same period one year and five years  Pound one Pound would Cost you $1.71 $1.67 j 1990 1 199t, $1.53 �1986 j German Mark one Dollar would buy you 1.72 1991 1.65 v a s. Is 1996 2.20 1986 military Exchange rate dutch Guilder one Dollar would buy you 2.49 196 1.87 he a 1991 1990 1986 belgian Francone Dollar would buy you 45.77 35.87 34.20 / x Ltd a 1991 1990 % 1966 Sas Dollar to stay at current level predictors say . Inflation figures released Friday did not prevent the Buck from edging lower in Europe leading some economists to predict the Start of a1 lacklustre period in which the Dollar will Trade in a narrow Range. Fridays weak spell came despite a labor department report showing that wholesale prices m the states Rose 0,2 percentage Points in april the first increase in five months but about what currency dealers had expected Tim Fox an economist with Midland Bank in London said the report proved inflation Quot has steadied enough to allow the Federal Reserve Board to Cut interest rates again if the . Economy remains sluggish. Fox said he thinks the Dollar will make gains later in the year but not until the Economy shows More life. A traders want to see signs of growth and it does no to look like that will happen for a while a he said. Quot i expect the Dollar to firm but More gradually than we be seen in the last month or so a Fox predicted. Late Friday in Europe one Dollar was trading at 1.723 Marks while one British Pound was Selling for just Over $1,72, both rates Are about 2 cents worse for the Buck than last weeks High Points. A a military Exchange rates through monday Are As follows in Germany one Dollar will buy 1.69 Marks the same As last weekend and in England one British Pound will sell for $1.76, 1 cent More expensive than a week earlier. The stars and stripes Yugoslavia travel bookings Down due to political unrest. Lung ui3 Usu Josef Nadj managing d Pas in Frankfurt Germa by Randy Mcclain. Financial writer Pada Haffner is Selling a product that no one wants to buy. Haffner a sales representative with Korn Pas tourist i a a i International a yugoslavian travel Agency discovered last week. At a travel fair in Kaiserslautern Germany that americans Are afraid to vacation in Yugoslavia. Travellers Are picking. Other destinations out of fear that Yugoslavia might soon erupt in civil War. A it s understandable. People done to want to go at the moment a said Haffner whose firm offers package Tours to Dubrovnik an ancient coastal City on the Adriatic sea and med Gorje a religious site that traditionally attracts thousands of curious americans. Last month Kompas signed an agreement with Sato the army son base travel firm that allows its package Tours to Yugoslavia to be sold to . Service members priced in dollars. But so far the agreement Hasni to resulted in any sales. A everything is As bad As can be a said director for . Travel 10 Yugoslavia hit the skids starting in january partly because of americans concerns about flying anywhere during the persian Gulf War but travel Industry officials say the country a real problems started More recently when serbs and croats began killing each other. As Many As 20 people have been killed in the past week in ethnic unrest. The serbs and croats arc Yugoslavia a two main ethnic  l. Wyatt assistant managing 1 director for the scheduled airlines travel 1 offices overseas said Kompas in t the Only tour company having trouble filling scats on buses and planes bound for Yugoslavia. A your impression is that there Are Little or no bookings for the country Wyatt said. A Brigitte Colantonio owner of top Tours in Kaiserslautern Germany agreed. She said her firm Hasni to found a single taker for a vacation in Yugoslavia since the easter Holiday weekend i Quot we re pretty sad about it a she said. A a it a a Beautiful area but its not Selling Well at  a a r Colantonio maintains that her a Agency takes vacationers to Northern Yugoslavia near the italian Border where All has been peaceful. But she said that distinction is lost on americans who read headlines about possible civil War and look elsewhere when planning a vacation. A i was in the country two weeks ago and the hotels were half full a Colantonio said. A normally at the end of april they Are fully booked. All of them Are hurting for  Nad said his company has also seen a drastic decline in bookings from the tourism continues to suffer because of Yugoslavia a Uncertain political climate. United states. A few pilgrims bound for med Gorje flew from the states to Yugoslavia during the persian Gulf War but in far fewer numbers than Normal Nadj said. I business from the United states is off 80 percent so. Far this year he estimated a i Hope its going to turn around. I personally feel we have some Good pack Ages a he said Nadj said Peak travel season is june through september and lies keeping his fingers crossed that business improves. A those 120 Days Are the important ones for. Us a he said. A that s when we make our  Honda Rolls 500,000th vehicle off line Marysville Ohio up Honda of America manufacturing produced us 500,000th vehicle a Gold Wing Aspen Cade motorcycle on Friday at its Marysville motorcycle Plant motorcycle production at Honda  manufacturing facility in North America began sept 10, 1979, and since that time the Plant has produced 17 different motorcycles and four different fou trax 4-Whcel Utility vehicles. The Gold Wing touring motorcycle is the prime product produced at the Plant. A having been manufactured. There ,1.1 years. The Gold Wing is produced exclusively there and exported to 15 countries including Japan. _ a this is one of the most integrated manufacturing plants in the United states a said Plant manager Bill Kalp a your associates make the Frame produce the injection folded body parts paint the Frame and body parts assemble the motorcycles and test each one on our own test  the Gold Wing engine is also made in the United states at the Honda engine Plant near Anna Ohio production of the i520cc 6-Cylinder och aluminium engine begins with casting and machining of the engine Block and transmission Case. Rather than employing traditional Assembly line methods of operation Honda says one worker builds each Complete Gold Wing engine which i Londa said guarantees Quality at every Siep in the process. The Gold Wing motorcycle has undergone three major Model changes since it began production in 1980  
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