European Stars and Stripes (Newspaper) - May 17, 1991, Darmstadt, Hesse                                Today May 17, 1991the stars and stripes Page 17money matters today s tip May 15 May 16 1 747 1 749 1 6925 1.6925 5 7530 5.7505 1 91 1 9102 34 85 34.78 1,260.00 1261.45 1 4330 1.4305 .185.79 185.53 .3,942.90. 3,949.80 3 7501 3.7501 104 95 105.21. .148.75. 148.35 1 1505 1.1489 11 935 11.9280 6 603 a 6 604 6481 6.485 a group of businessmen have created a joint venture partnership to help the Baltic Republic of Latvia create the first Independent airline operating from the soviet Union. Andrejs Ink Lis mayor of the. Latvian capital of Riga was in Houston earlier this month to announce that a group of latvians and a Houston based consulting firm Are establishing Baltic International airlines. Principals in Baltic International . Include Robert Knauss Dean of the University of Houston a College of Law. Conversion rates London up a thursdays 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 s356.25 an ounce Silver at $4.04. A British Pound i.,.,. German Mark. French franc dutch Guilder. ,.,.belgian franc. Italian lira Swiss franc greek drachma. Turkish lira saudi arabian Riyal. Spanish peseta. , a. Canadian dollar.,.austrian Schilling norwegian Krone danish krone.,.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 1.65 through Friday based on thursdays noontime Price fix ing. New York Exchange new York up the 15 most Active stocks in new York Stock Exchange composite trading on wednesday. Stock Compaq computer us Marathon Philip Morris a Conner perish re ism corp blockbuster ent a a a a. Amer express get corp a Pepsico inc Rwjr Nabisco hid Exxon corp adv Micro docs at amp to company Hewlett Packard Phillips. Petrol a. American Exchange new York up a the 10 most Active stocks in american Stock Exchange composite trading wednesday. Stock Amer healthcare Echo Bay mines a Bat industries exsport Finan it Dow chemical it Wang labs inc b pall corp Telesphere comm pm group web. Salomon pwt mar sales last net chg. 10,276,300 36 .01113% 6.791,800 25vi unch 3,250,500 65% off 1% 2,864,100 20�?T/4 ,o�2% 2.676,500. 102% oft3% 2.355,300 9%. Off % 2,213,200 a 23% up % 1,907,400 29%. Off 1,753,900 31 �?T/4 off % 1,735,900 11 off % 1,649,600 .56% up % 1,601,600. 11% Quot off % 1,577,600 35% off % 1,541,500 46 a a a. Off 1% 1.409,300 25 off 1 sales last net chg. 1,096,600 a 2% up % 471.600 8% a. Up % 413.600 11 13-16 off 1-16 347,400. .7% up % 339.500 7% off % 269,900 2% a off % 262,300 a 31% up % 239,900 1% unch 235,000 7% up % 214,300 3% up % Dow Jones new York up Dow Jones closing Range of averages wednesday a. A a 30 industrials 20 transports 15 utilities. 65 stocks High 2901.83 1160.97 210 89 1042.02 Low 2834 53 1130 64 207.56 101810 Clow 2865 38 1140 87 209.38 1028.33 change 0 121 4? Ott 18 86 up 0 56 Oft. 8 82 40 winks while on the Job May catch on experts say but Susan Iriarte Cox news service Atlanta a psychoanalyst r. Peery Grant Calls it Quot an intriguing  v health economist Deborah Chollet says it s a obviously a productivity  but employee services director Jim Connolly gravely observes that Atlanta Gas Light  rate payers might take a dim View of the Utility a workers Curling up on old Chenille Mats for 40 winks after lunch. That s right we re talking about naps. Over the past few years medical journals and the popular press have suggested that people innately Long for 40 winks in the Middle of the Day. Former new York vascular surgeon Irv Dardick recently gave up a traditional practice to track his notion that the human body seeks Harmony. He thinks Good health results from following rhythmic cycles of exertion and rest. Quot most people have sedentary jobs and sit for Long hours in unchanging indoor environments Quot new York Magazine noted in a recent article about Dardick and his theory on the marriage of work rest and health. A snaps Are not possible despite the body a natural inclination to rest at Ulm Day. People tend to eat too much too often particularly High fat foods which Are not easily digested a and which reinforce a Flat pattern of Energy recovery without much expenditure a the article said. Dardick theorizes that chronic disease is linked to behaviour a starting even As children Are seated in a classroom until 3 . And afterwards before a to screen a and that is consistent with views about human history.-�. Most people have sedentary jobs and sit for Long hours in unchanging indoor environments. Naps Are not possible despite the body s natural inclination to rest at midday a new Bra Magazine humans have been office dwellers for less than a Century so in t that kind of schedule unnatural for most people a certainly a says Peter j. Brown chairman of Emory University a anthropology department. A a there a no reason we should expect work patterns to go eight hours unlimited. A i can t say there a something in our evolutionary heritage that dictates we should take naps but in our Hunter Gath Erer history humans spent a Good Deal of time resting. For men the work Effort was Short bursts of Energy. For women a who gathered the food a the intervals were longer a. Work was then and perhaps should be now intermittent. Quot huh a snorts Irwin Lowenstein. The live wire president of Rhodes furniture co barely knows the meaning of the word  and however he esteems his shareholders group targets executives pay Washington apr skyrocketing executive pay is Only a symptom of Fth Power Gap Between those who run american businesses and the people who own them shareholder rights activists told a Senate panel wednesday. The subcommittee on government management of the Senate governmental affairs committee is looking into compensation handed to chief executive officers of Large corporations. Salary bonuses and other compensation like the s 14.8 million paid Reebok International a Paul b. Fireman or Walt Disney co. Chairman Michael d. Eisner a $11.2 million package have been made headlines recently. According to great s. Crystal an expert on executive compensation the average top executive at a major . Corporation earned 53 times the pay of the company s average worker. By comparison the top executive at a japanese corporation earns around 17 times the pay of an average japanese worker. The astronomical pay Scales Are just Quot one symptom of a bankrupt corporate governance system a said Ralph Whitworth director of the United shareholders association a Washington based shareholders right group. He and other witnesses argued that shareholders done to have enough say in a How the companies in which they own Stock Are run. Employees he has no intention of provid ing a darkened room with partitions and cots where they could nod off for 20 or 30 minutes after lunch. A i have tvo urge to Nap at 2 this   announces. Quot it d take me an hour to get Back on track. In be been up since 5 30 this morning and i m on a  it s staying on that endless Metchik r s. Quot Roll Quot that makes closing ones eyes for even a few minutes seem wimpy. It s better to give people a Little Relief from stress producing situations a Stelio analyst Grant says. Quot if offices have gyms Why not quiet rooms.?. For some people midday exercise might be the most stress reducing. For others it might be the quiet  what arc the chances that companies a Many of which provide employees w Ith ways to exercise a a might also provide a place to rest a i think there a be a lot of resistance a says Grant,1 a a a because of the calvinistic ethic the idea that we re a Good by our�works.�?T. Especially in the company mind when you re on the Job you re supposed to be  tune away might ultimately make people More productive but it would be a Izard  , meanwhile thinks it s like smoking was 30 years ago. A it took a while to convince us that smoking was had for a a everybody a Lowenstein said a but now we have smoke free offices and its no longer socially or professionally acceptable to  but eventually if enough information came Down about naps Lowenstein said lie might change his mind. But for now  no Way lies going to give his employees an hour of for a Nap. A this is the smoking gun a said Robert monks the corporate gadfly who unsuccessfully sought a seat on the Board of Sears Roebuck and co. He called the system  executives pay is determined by boards of directors who Are elected by shareholders but often nominated by company management. Huge pay packages have been reported a not Only at companies that Are profitable but also at companies with declining earnings or indeed with big losses a noted sen. Carl Levin d-mich., the subcommittee chairman. Linda Quinn head of the division of corporation finance at the securities and Exchange commission said the Agency was in the midst of a massive review of corporate governance and expected to report at least some of its findings a on proxy Rule and diet closure. Requirements a a in a month or two Quot Levin complained the Sec Stalf had effectively blocked shareholder proposals on executive compensation by telling corporations the Sec would not take action against them if they refuse to allow the Issue to be voted on. But Quinn although acknowledging the Agency traditionally has not consid a ered compensation a topic for Sec intervention said More than 50 shareholder proposals that a raise important policy concerns have been submitted to shareholder votes Over the last two proxy seasons. Executive pay average annual pay of top executives in tour doctors of manufacturing firms . Dollars 1989 Flag indicates a i q  country s Mem a Germany highest paying a i a sector q go Japan finance $344,000 $184,000 $2747000 research amp development $238,000 $207,000 $260 000 personnel $217,000 $158,000 o $294,000 manufacturing $263,000 $196,000 $270,000 aps amps