European Stars and Stripes (Newspaper) - June 2, 1991, Darmstadt, Hesse                                Sunday Juno 2. .1991the stars and stripes Page 15 Dollar watch shown below Are the highest Dollar Exchange rates for the week of May 26 june 1 compared with Dollar rates for the same period one. Year and five years ago. British Pound one Pound would Cost you $1.71 $1.67 $1 47 1991 i 1990 1986 German Mark one Dollar would buy you 1.68 1991 1.69 1990 2.32 1986 a military Exchange rate dutch Guilder one Dollar would buy you. 1.94 1.90 1991 1990 2.60 1986money matters a. A. Is amps Dollar Outlook looking better traders say is still a waiting game but Many currency experts Are betting on a real comeback for. The Greenback by summer s end. Unless the . Economy clips.  into another recession. I can Sec a 1.80 Mark Dollar Exchange by then a said Lan Amstad of Chase investment Bank in London financial figures coming out of the United states Are seen As very encouraging. On thursday growing  the . Economy is on the Road to recovery led to the second highest closing of the Stock Market. . Bond prices also soared a a on Friday the . Governments Index of leading economic indicators went up a healthy 0.6 percent. Its the third month in a Row that there has been upward movement. A spokesman for american ex-., press International in Frankfurt interpreted the news As a a a Good indication that the recession has. Bottomed out.�?�. A the .-Economy is picking up from its All Tirifie Low a agreed Amstad. Reports from Eastern Europe and the soviet Union also Are giving the Buck a boost he said. A the soviet Economy is in dire Straits and there Are horrendous problems in the new. Herman states a l that helps the Dollar a Amstad said. 1 Here is indication too that German and japanese growth rates Are a lowing he said. Some financial experts however i main cautious. They Point out for example that there is still a lot of consumer debt in the United states. Not All the figures Are in yet a vol Jens Urc Fischer of manufacturers Hanover Bank in Frankfurt. It s still to soon for Complete  a. _ _ the stars and stripes accuse japanese minivan imports by 1 0ron i Levin the new York times Detroit a faced with a continuing loss of sales to japanese automakers the big three filed an anti dumping petition with the government Friday accusing four japanese concerns of importing Niin. Ivans at unfairly Low prices. The Industry a action seemed sure to. Aggravate Trade tensions Between the United states and Japan. Although the petition focused on a relatively narrow category of vehicles one. Big three executive who requested anonymity described it As a warning shot. The filing Drew immediate response front Toyota motor corp., whose Previn Nti Nivan was among the targets. John me. Candless a spokesman denied the Previn was being sold at an unfairly Low Price in the United states. Quot this is just More Japan bashing and threatens the . Consumer s Freedom of Choice a he said. Thomas ii. Manna president of the in a Trade group representing Domestic automakers said a minivan dumping by japanese producers is causing injury to the . Industry Consumers and  in addition to Toyota the companies named were Mazda motor. Corp. Nissan motor co. And Mitsubishi motor corp. The petition was directed a vainly at the Toyota Previn and Mazda a Mph. Nissan and Mitsubishi sell a Small number of minivan like vehicles in the United states. A spokesman for Mazda said  Quot does not believe the Mph is being dumped in the. -. Market. Nissan and Mitsubishi did not immediately respond to requests for comment. General motors corp., Ford Only Yter co. And Chrysler corp. Jointly filed the anti dumping petition under Section 732 of the Tariff aet of put. Dumping is the Sale of products in another country at less than fair Market value usually to gain Market share. To prove the charges the. Big three must demonstrate that Toyota Mazda Nissan and Mitsubishi rare Selling their products at an unfair Price in the United states an that the practice is injuring them. The commission normally rules within 45 Days whether there has been injury and the Commerce department has loll Days to determine if the pricing is unfair. Usually an action  kind takes nine to 10 months to resolve t he government can assess a Tariff if it finds  is hurting the automakers. The big three have not gained much by pursuing Trade complaints against the japanese Auto Industry. In Early jos1 the customs service ruled that most imported. To minivans and a lilith vehicles would be classified As pass enact Eais an therefore would remain exempt Tom a 22.5 percent duly applied to to ticks. According to figures compiled by the a Trade group. Japanese Ini Iman exports from piss to ,�?T1>w have increased to 05.400 from 38.000. A Saverot the 15 million to 15 million vehicles sold m this country annually. But the segment generally has been a highly profitable one until recently. Chris scr in particular depends Tammi Van sales Loy Quot about halt its profits according to financial analysts. . Automakers have suspected Tor some time that some. Japanese models Are sold in the United slates at lower prices than Iti Japan. Lexus tie Aleis Lor example have reported that some  customers come to the United Stales to buy lexus cars because they can do so More cheaply than in then own country including the Cost of shipment to Japan. Sony announces Nintendo games will new York a the super Mario Brothers and the rest of the Nintendo characters will appear on  Home entertainment sys tents under two deals announced Friday. Sony corp. Announced a Home video game Quot system that will play cd system games its Well As Nintendo s upcoming 16-bit game cartridges. And Philips no. Said it has reached agreement to License Nintendo s game characters Lor its own cd based system. Other Nintendo characters covered under the 1 licenses include Donkey Kong Princess Zelda and link the announcements we e timed to coincide with the opening. Of the consumer electronics show this weekend in Chicago. A tile deals May give the Sony and Phil. Is systems a boost Over a rival system. That computer maker Commodore  Ltd. Began Selling in april. All three systems Are based on the same compact Dise technology used in Home stereo systems. I lie three systems Are incompatible however. The competing formats appear to be a replay of the Beta vols Attlein the Var Industry. The Ems tape format eventually won leaving millions of Consumers with Beta based machines but few available tapes on the Market Quot the cd based system allow users to play computer games on Ordinary in sets that Otter Crisp graphics video images ail Ste Reo sound that Are lacking in  Home game systems. Sony  equipment called the play station would not be available until the tall in Japan and  after in the United. Slates Philips system is expected to he in stores in october under the dutch dec to panics Nike re a Magna Vox Brand. The Commodore system Winch lists a for sow offers a Nudi India Coney Elope. Dia children s books musical sing along sessions ath other programs with which the user can interact. Philips said its sys Tern Wilu provide similar programming while Sony said its play station Yuill con a Cen irate pm games. _. St. Louis up May department stores co. Chairman David c. Farrell Friday announced a $3.5 billion Tive year expansion and remodelling program for the company a one of the nation s top retailers. A a a a a plans Call Tor opening 88 department stores and 1,325 pay less shoes Uree stores and for expanding and remodelling existing stores during the next live years. This year alone Quot the company w ill open 14 department stores and 350 new pay less stores. Farrell who spoke at May a annual shareholders meeting said the company a sales trend has shown improvement. A sales this month Are running up and ahead of plan Quot he said. A there has been a decided pickup in sportswear shoes juniors and  he told shareholders a priority for the company is to make the organization More sales driven with a revision of performance appraisals and incentive compensation. A the  its Outlook Lor fall  Mie  v shareholders re Clette toys directors for terms expiring in. I ud4 Law re acc l. Honig vice chairman of May Jerome 1. , vice chairman and chief tin Uncial officer Russel f. Palmer Chaitman of the Huntsman Center Tor global Corn petition and leadership at t he Wharton school of business and William p. Stiritz chairman of Ralston Purina go. Los Angeles up Stock of Walt Disney co. Fell Friday Lor the third Dav in a Row Over investors continued reaction to analysts lowering of earnings estimates for the entertainment giant. Disney s Stock which fell $2.12r> a share wednesday and a a $2 _ thursday dosed Down 75 cents Friday on the new York Stock Exchange. All three declines came during up markets. A number of analysts said this week they had Cut earnings estimates Lor Disney because of concerns Over Perlor manic at the company s theme Parks and film entertainment units. Some said they have changed their Lun Pamental Outlook from the Stock being a growth Issue to a cyclical Issue. A _ one analyst who had once predicted a 53disney would earned 87,5 1 a share in tis Eal 1w1 ending sept. 30 has Cut his forecast to�?T$5.25 a share. Disney of Burbank. C Alii. Earned 8<s24 million or 86 a share in fiscal lout. For the first six months ended March 31, Disney s protits were Down 10 percent to 8207,1 million Over the year ago period.  such decrease in Mote than six years