European Stars and Stripes (Newspaper) - May 30, 1991, Darmstadt, Hesse                                Thursday. May 30. 1991 the stars and stripes a b Page 17money matters today s tip consumer Confidence dipped again this month As the surge of Good feeling following the persian Gulf War continued to Wane and . Families focused instead on shrinking Job opportunities and Small income gains a business re. Search group reported tuesday. The conference Board said its monthly Index of consumer ennui do Nee fell to 742 Down from 79.4. In april. The Index dropped lat last year during the confrontation with Iraq  Low of 55.1 in january and then shot up to a 81.1 in March after Allied forces quickly rolled Over the iraqi army. The Index compiled from answers to mail surveys is based on a 1985 Reading of 100. A the euphoria 1 which followed the Victory it the Gulf is wearing off and Peoples attention is returning to the realities of a soft Economy a said Fabian Linden executive director of the new York based groups consumer research  rates London up a we docs Days mid morning rates for the . Dollar to other currencies. Figures Are expressed in dollars to the British Pound other local currencies in dollars v Gold was quoted at $361 75 an ounce Silver at = 4 May 28 May 29 a British Pound a i a. , .7 35v .17350. =. German Mark. 1.705 1.6955 French trans 5 7600 \ dutchl92469008? belgian franc -.35.235 a 34,90 italian  ,.1.271 65 4 1.281.70 Swiss franc. 1.447. 1,447 a greek drachma.,.,,fi-,. ,., it l 86,33\185.74 Quot .1 taif Kish lira 4,025.00 4,017.20  rival a �,yj501. .3.7501. I Spanish peseta Ivr .105.95 a a 105.03 portuguese escudo .1148.97. 147-82 a a Canadian Dollar. 1.1468 a it. 1.1461 austrian schiiingi.44%�4l 2.017. 11.926. Norwegian Krone 6.62 6.61. Danish Krone. .6.5445 ,. 6.4985. 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 Billy official rate concerns the Sale of German Marks to . Per sound for personal use and this willbe 1.65 the u red a base d on w e d be s. Days noontime Price fixing. A new York Exchange new York up York Slock Exchange Stock a general motors Rwjr Nabisco hid Citicorp Philip Morris a Ford motor co a Glaxo holdings Placer dome inc Amei express Tel Fonos oem Pepsico inc a a a ism corp i.1- Energy corp. Get corp a a. Fedl Natl Mage. At amp to company a the 15 Roost Active stocks in new american Exchange new York up a the 10 most Active stocks in american. Stock Exchange composite trading tuesday Stock. Amdahl corp Echo Bay mings Ivan corp fruit of loom Americus 0d so first Aust pm. Parker amp Parsly Hasbro  Sbarro inc. Forest labs inc sales. 658,600 392.600 281.900 226,400. 216,200 166.600 163,400 161.900 .150,300 148.600 last 16 8% �19% 14% 10% 9% �11 30% 39% 3944 net chg. A Oft a up a up %. Off % up a up v4. Unch a up %. Up %. Up % Dow Jones new York up tues by. 30 industrials �20 transports 15 Lynies a 65 stocks a Dow Jones closing Range of averages High 2965.12 1174.19 212.71 1059.61 a a a a a Low 2903.85 1151 62 �206.94 a 1038 60 Clute a change 2958 06 up 44. 95 1170.49 up 15.17 211.90 up 1.76 .1056,79 up 14.32 Power companies Campaign targets environmental claims Cox news service washing ton a a group of Coal burning Power companies has launched an advertising Campaign aimed at. Rebut. Ing the argument that heavy use of Fossil fuel a  a threatens to disrupt the Earth climates. A what you generally see in major Media coverage of the Issue is that catastrophic global warming is occurring and that we have to take drastic action to Avert it a a said Gale Klappa spokesman for the Southern co. In Atlanta. He complained that Media Seldom report the views of a a growing number of scientists who Are sceptical about this scenario. To get the views of sceptical scientists by fore the Public the 24 Public utilities and the National Coal association arc test marketing ads that ask radio listeners and newspaper. Readers Dow much a they Are a willing to pay to solve a problem that May not  a we. Want to see if we can bring som balance to the debate a Klappa said critics com pared the advertising Campaign to a Long term insistence by the to Hacco Industry that there is no a a proof that smoking causes cancer. Scientists say the concentration of Carbon dioxide in the atmosphere has been increasing for the last 150 years primarily As a Resu 1t of combust Ion of Fossit Fucks / Coal Oil and natural Gas atmospheric scientists recently started warning that the tendency of Carbon dioxide to trap heat in the atmosphere will cause. An Overa 11 a greenhouse effect Quot warming of the planet., according to. Some scientists this will Lead to. Prolonged droughts in some areas goods in others and increasingly destructive coast at  gives off More Carbon dioxide than Oil or natural Gas. Companies such As the Southern co. Could be among the big losers under plans of some environmentalists and members of Congress to reduce the use of Coal As a Way to Lessen the severity of climate changes. Klappa said the Southern co. Utilities in Georgia Florida. Alabama and Mississippi burned More than 45 million tons of Coal last year. Quot a they Are trying to advertise the problem away Quot said Perry plan tart an aide to rep. Pete Stark a Calif. Stark has introduced a Bill to establish a a Carbon a tax a in which users of Tossi i fuels would he taxed according to the amount of Carbon dioxide they release into their atmosphere _ a a Stark has said the tax would raise up to $35 billion a year and would cause in Ergy Effie Ncncy decisions to be made throughout the Economy without the need for new government regulations. Plumart pointed out that the head of a outliers Cai Tornia Edison t Lic count n is second largest Power company announced this week that the company Wou 1 d Cut. I is Carbon Dion i de emissions by 1 1 percent during the next decade and another 10 percent by 2010. A at the same time you have this coalition of utilities trying Tor advertise the problem away like cigarette companies arguing that smoking does no to  r a stir t h Ern Ca 1 i Forn i a -.ladisoiy. A i s saying evidence of global warm Itig is compelling enough to take action  tic advertising Campaign is being test marketed in Flagstaff ariz., Fargo n.d., a tit id Bowling g Reen by. Klappa said. Hie trial runs arc to Cost about s5 m1.00. He said a Arizona state University climatologist Robert ba11 ing. Who said he taped mat rial for use in the ads said people a Are getting a one sided View of global warming Quot a a a Quot these Guys with the Power companies have a Good Point that there is a Sei anti Fie viewpoint that is not being communicated to the Public a Balling said. Me said he believes the buildup of carhon., dioxide and other greenhouse gases will Lead to slight temperature changes increased cloudiness More rainfall and Quot a some biological  increased Carbon dioxide Quot composite trading on tuesday. Sales last net chg. 2,979100 40% up % 2,796,800 11% up a 2,456,200 16% up % 2.170,200 69% up 1 % 1.75b.200 34% up 1 % 1,599,300 42%. Up %. 1,590.800 13% up % i 1,586.200 25 up a 1,583,600 27 off % 1,490,200 32�?Ta up % 1.441,700 a 105% a. A up % 1,391,400 24% Quot off % a 1 325,600 29% v of % 1,304,000 48% Upa 1 237,600 36% up ism chairman delivers message lambasting laxness in company by the new York times in my a chairman read his managers the riot act earlier this Morith saying the company had a too Many people standing around the water cooler wailing to be told what to do a according to  his remarks obtained tuesday. Asserting that most divisions had failed to grow with the Market in the first Quarter John f. Akers gave a stinging internal review of the computer makers Progress in restructuring business activities in an informal talk before some of the company a fast rising managers. Notes from the hard hitting talk taken by one manager were distributed widely throughout ism on an electronic Mes. Sage system and have since touched off a Broad debate inside the company. Akers said the company could make excuses ranging from the Quality of its mainframe computers the Supply of its ps-2 personal computers organizational changes in the United states. A but the fact of the matter is they arc All excuses a he said. A _ the company has too Many sales representatives a popping out for Coffee with their customer and calling it a Call a the notes quote him As saying. The notes also Tju ote him As saying a the tension level is not High enough in the business a everyone is too Damn comfortable at a Lime when the business is in  a a a a company spokesman said the notes were authentic,.but cautioned that it was not the first time that in my a chairman had made such remarks and that he could not confirm the accuracy of any specific quote the memorandum has touched off an extensive internal ism discussion carried out on a computer conferencing system Over who is to blame for in my a woes.  ism employees said that in responding to the memorandum a number of employees had blamed Akers for Many of the company a problems. Quot in the face of changing technology and using Competition the computer maker. Based in Armonk . Has been trying to reshape its business for five years by cutting Cost s a and giving Era ploy e us i n be n tics to  december 1989. It Eccl crawled its Cost cutting by announcing trial it planned to reduce its Domestic work Force by More than 10,000 and taking a -$2,3 billion charge against earnings in the fourth Quarter. A a a this is. Not the first time i be heard this message a said Peter Thonis an ism spokesman. A a this has been the tone in the company for the last six months or so. Or Akers has been delivering this message for some time a a a a Quot a a  was quoted As saying a pm sick and tired of visiting i ants Flo hear nothing but great things about Quality and Cycle time and then to visit customers who Tell me of  the remarks were made to an ism management class. The note Laker was not  Exchange to extend trading san Francisco up the Pacific Stock Exchange said 1 tuesday that it plans to extend its trading hours by 20 minutes partly in response to the new. York Stock exchanges decision to l lengthen its hours for transmission and execution of orders. The use which currently trades until 130  put said it will Start closing its sessions As of 1 50 . Put beginning on or before june 13. A the use which has asked for clearance of the Extension in a filing yet the the securities and Exchange commit Aston used to be open for trading until 2 30 . Put.  hours were Cut Back in the mid 1980s As a result Tif a Lack of substantial trading volume. The Nyser a recent announcement said its after hours trading would extend from 4 15 , Edt u 5 . Edt but Stock prices for this trading will be based on what they closed at As of the end of the regular trading session at 4 . Use chairman and chief executive officer Lee Korins said extended hours had been under consideration fur son amp time a a we la be trading in a regular continuous auction Market 50 minutes longer than the nose not simply accepting and executing orders electronically at predetermined prices. A new Yorkus proposal Aims at institutions. We re looking out for retail customers giving them a fair a second crack at the  the use also said it Woulk keep its routing systems open until 2 . Put to a a accept and Transfer one sided Good till execution orders and offer Price Pru tested executions at 2 , at nose Clos ing prices