European Stars and Stripes (Newspaper) - June 25, 1991, Darmstadt, Hesse                                Today s tip a m Quot $�5 a r of a a p i pm a a a of <0 or it .1 a in a a a i j rat it i1 i it la i 1 a i  Ofa ,.�?� it pm n m f a a Oplt n in i i it. H partner will  i to per its  ire in the a Mil venture a Ilavu is Procter a Gamble poll but other terms of the agreement o re not announced Poland is very important to Procter a Gamble Quot a spokesman said. Conversion rates London up monday s 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 $361.20 an ounce Silver at $4 29 june 21 jute 24 British Pound. 1.6295 1.6425 German Mark .1.7995 1-7845 French franc. 6.1125 a 6 0595 dutch Guilder 2,.0274 2.0375 belgian Iran. 37.015 37 00 italian lira .1.338 60 1,328 00 Swiss franc.1.5465 1 5335 greek drachma.,.197 00 197 87 turkish lira. 4.282.30 4 282 30 saudi arabian Riyal .3.7501 3.7501 Spanish peseta .113.08 113 10 portuguese escudo. .157.58 157 59 Canadian Dollar ,.t.1.1416 1.1435 austrian Schilling. 12.664 .12 73 norwegian krone.7.0410 7.0560 danish krone.�.6.939 6 9745 these Are unofficial rates As reported by wire settee and banking source and they a Marc listed to give some idea of daily currency fluctuations. A the Only official rate concerns the Sale of German Marks to . Personnel for personal use and this will be 1.76 through tuesday based on monday s noontime Price fixing. A despite a slump computer Industry has Bright spots by the los Angeles times the computer Industry has a funny sense of timing. It held up surprisingly Well through the Early stages of the recession and the persian Gulf War when the rest of the Economy was going Down the tubes. But now with Hopes of recovery in the air it has plunged into a slump. Still there Are a Lew Bright spots. Low priced personal computer vendors such As ast and Dell computer and workstation manufacturers such As Sun Micro systems arc showing Strong growth. Tandy electronics the huge electronics retailer and manufacturer reports some recent signs of a sales pickup. But most companies face severe pressure As . Buyers restrain capital spending and overseas markets Cool off. A i done to think Well see any recovery until after labor Day a said Richard Shaffer principal of techno logic partners in new York. A in that excites this Industry is new products and i done to see Many exciting new  to the dismay of such big companies. As International business machines digital equipment and Uniss for instance Large mainframe and Minicomputer systems ate being displaced by networks of desktop machines. Two leading brokers in Japan resign Over payments scandal kit % i i k \ \ he Bull d pres of it i l a. I is a Mit of a <3 s Syf Quot t ii 111 r Fott in�>., it Irenn  my Timmi i in 4  a a its. It i i in t i a f lip i in Nti i t i a Csicsok n ism a  i ibo Tukhi Pacsu few Oigt of muru securities Gothe world s largest brokerage and Likina is Asaki president of Nikko securities go announced their resignations at separate news conferences. However Hoth vat la stay on As vice chairmen of their companies. Analysts said the scandal could Lead to changes in the Way Japan s brokerages do. Business a Alheit gradually. Quot i he Public outcry Over favourable treatment of Well heeled clients a a demonstrates that there a a kind of growing consciousness that some of the old rules arc no longer acceptable a said Alicia Ogawa a senior analyst at . Warburg and co. Mitsuru Hasegawa a spokesman for the. Finance ministry said a fall aspects of the Nomura Case were under investigation but he refused to comment further. Japanese business leaders and politicians have frequently been criticized Asi a \. V. Ai f i a is i i i i a a it f 1 it s i r i s i Quot Aid i a a a it s 1 of Ai i f a l his a i i i 1 i a a a t l c ilm. Of i k i thud f world  Vodo news  reported monday that Ibe s11kk sex  in  Susan Ted Stock  Itu it a in to knee lion with huge purchases of r, shh k by Lii on Loans Fiton tire subsidiaries. An Exchange official refused to comment. The second aspect of the scandal involves the payments to customers who lost Money m Stock transactions. On Friday a Nomura spokesman acknowledged that $119 million paid to customers might be viewed As compensation for investment losses. A Nikko official said his company had paid roughly $122.3 million. On monday japanese newspapers reported that Nomura compensated a government affiliated pension corporation for $32 million in Bond Market losses. Nomura and Nikko spokesmen have said their companies did not Promise to cover customer losses to woo clients. Al i. I by Gal in am in  Cut wer v met a. A it Bug i the i 111,11111�?T m a a of a Uva i it i its. I turns  in. Japan a big i fur via Iwuh houses  so ii Mike Glt it and  securities go a have been in Imal in the Media of similar buy Ink deals. Largely is a result of the turmoil prices on a the i Okyo Stock Exchange dropped Shat ply. But Robert Zielinski an Industry analyst for Jardine Fleming securities said that past Stock scandals have had Little effect on the Economy or individual companies. I he 2.25-Issue nikkei average Slid 2.10 percent m thin trailing monday. I he weakness of the in Okyo Stock Market last year translated into hefty losses for Japan a Security houses. The nikkei fell 48 percent from a record High  end of 1989 to oct. 1. A Nomura reported. That consolidated pretax profits Lor the fiscal year that ended March 31 fell 54 percent to $1.74 billion with net profits falling 58 percent to $785.39-.million. Nomura a consolidated revenues m Lineal 1990 Ell 21 percent to $6.81 billion a some of the 450,000 people who attended the 39th Baris air show look Over military aircraft on sunday the closing Day. Can Paris up the 39th Paris air show which concluded sunday broke attendance records with about 450,000 spectators but did Little to break the somber mood of the aviation Industry. The number of visitors exceeded the record at the 1989 show of 390,000, with Many drawn by aircraft such As the . Air forces f-117a stealth fighter and the soviet unions supersonic Mig-31 interceptor warplane. But organizers said the Public show is less important than the Chance for the aviation and aerospace Industry to show its wares. This years show lacked the spectacular contracts that Are commonly announced at the worlds largest aviation marketplace. Airbus the european aircraft consortium came out with the biggest Surprise of the show announcing the Sale of 15 passenger jets to Kuwait airways for $1.9 billion. The consortium also announced a Deal to sell up to 15 planes to International lease finance corp. But Airbus was embarrassed by  of an apparent Deal with the . Shipper Federal express for cargo jets a news conference at which the contract was expected to be announced was  the last minute and Federal express issued a statement saying it was in the process of negotiating with Airbus. Boeing the w Orlds largest civilian aircraft manufacturer announced thursday that thai airways had ordered six of its Boeing 777 passenger aircraft and had taken options on six More in a Deal Worth up to $2  in the show Boeing announced deals totalling More than.$2 billion. Mcdonnell Douglas the no. 2 . Manufacturer announced no major deals. On the military aviation Side there was considerable Public interest in aircraft used during the persian Gulf War but few orders were announced. The . Armed forces showed a total of 19 planes initially none was to be demonstrated in flight because of High insurance costs. But officials changed their minds because of Public response and allowed the stealth plane to Fly Friday and saturday. The Mig-31, the soviet unions most advanced warplane capable of speeds up to 1,800 Mph was shown in flight to the Public for the first time saturday