European Stars and Stripes (Newspaper) - June 27, 1991, Darmstadt, Hesse                                Thursday Juno 27, .1991 the stars and stripes a Page-17 Money matters today s tip looking for n Money Market Mutual  rates have been on the decline lately and Money Market. Funds May bring an investor Only 6 percent interest per year. But there Are a few other Perks to take advantage of including being Able to write checks on your account financial advisers say that when choosing a Money Market account. Pick one that allows customers to write Cheeks for Small amounts. Some Mutual funds allow custom a ers to write checks for Only $350 or a Quot More in an attempt to limit the number of Cheeks drawn on an act count. A. User Friendly funds that allow checks As Small As $100 Are the bet Ter buy. Advisers say. A Quot t \ conversion rates London up wednesdays mid morning rates for the . Dollar toothed currencies figures Are expressed in dollars to the British Pound other local currencies in dollars a. Gold was quoted at $366 00 an ounce Silver at $413. V a june25 june26 British Pound .1,6325 116325. German mark.,.1.7975 Quot. .1,7895 a French franc ,., ,g.0915 a 6.0763 dutch Guilder. ,.-,.,.,2.0167 -. 2.0235 belgian franc 36.9625. 36.8800 italian lira,., 11,333.9 a 1,3.4450 Swiss franc. .,1,5495a 1.5485. Greek drachma .,196.17 .196.1 b turkish lira 14,282.30. 4 282.30 saudi arabian near .t3.7503 .3.7503 Spanish peseta i .,.,112.18. 11?.78 portuguese ,. ,.156.10. 156.25 Canadian Dollar .-,.-1.1420 a a 1,1418. Rausl Rian  12.5925 Quot 12.5850�?T norwegian Krone .r6 9860 a 6.99,20 Quot danish kfone., .,.,1,6.9125 6.9230 a these Are. Unofficial rates As reported by wire service and banking sources and  listed to give some idea of daily currency fluctuations. A athe Only official rate concerns the Sale of German Marks to . Personnel for personal use and this will be 1.75 through thursday based on wednesdays noontime Price fixing. A. A. Newyork Exchange a new York up a York Stock Exchange Stock. A a a a a inti specially.  a Pepsico inc / Quot 1 Beazer pc Philip Morris United telecoms ism cock a  do my a 8ankam Erica a a a. General motor j. Citicorp. A at amp to company 1 Security pacify. Waste my it Iri Rwjr Nabisco hid a Columbia is sys a the 15 most Active stocks in new. Composite trading on tuesday sales 6,790,000 .5,612,700 2.354.300 a 2,135,200 1,790.000. 1.715.200 i 1.499.200 "1. 453,700 1.418.700 1.340.200 1.332.300 1,313,000 1.29l20q 1.196.700 �1,192,700 last 15%.�?T 28% 7% 63 %. 30% 99 % �25% 1 35 %. 41 % .15%. 37 a 23 % a. 37 %. 10% a18 % net chg unch Oil off 1 %. -1 Oft 1 a up. Up. 1 up off 1 % up % Oft % a a a up off.1 %. Up 1 a unch a. Unch american Exchange a new. York up american Stock to Xci Slock Rhone poulenc a a sport Supply or 1 Bergen Brunswig Echo Bay mines Weatherford inc response tech Wang labs inc b Bolar pharm co -,fv3xcorp a a -. Amdahl corp  most Active stocks in  trading tuesday a safes 2,208,600 642,600 264,100. .261,000 a 244,900 226,000 216,700 216,500 a 200,200 .177,900 last 31-16 6. 25% 8%. 5% 2% 3% 4 % 26% "14% net chg. Off 16. Off 2% i up % up % up % up % unch. Up %. Off i % up a Dow Jones few York up a Dpi Jones closing Range of averages a us Day. A Jug industrials 20 transport. S utilities 65 stocks a High 2938.51 1169.43 198.94 1043.02 Low 2887.97 1137.69 196.24 1022.60 Clois 2910.11 1143.86 197.25 1029.42 change2,9017.64 up 0.135.05 \ by Matthew a Wald the new York times a. A the United states Long term Energy Security May actually have been set Back by the Allied Victory in the persian Gulf even though it eliminated for now the threat of cutoff Access to at ideas t Oil in  say. A the Quick War brought Oil of ice s Back Down near prewar Levels and those lower prices provide Little incentive for Energy a conservation or new drilling in the United states they  a we re going to be More import dependent than under a sad darn Hussein a regime in Kuwait said Vahan Zanoyan an analyst with Petroleum finance co., a Washington consulting firm. A a. But the Bush administration has a Dif Fernt View of the wars effect. John j. A Easton jr., an assistant Secretary of Energy argued that the War had produced a a heightened awareness of the role in Ergy plays and had helped unite various government agencies in the formulation of a National Energy  a a that strategy includes drilling in the Arctic. National wildlife Refuge and counting on provisions of the clean. Air a act to Cut gasoline consumption. Under a the most optimistic interpretation it would stabilize the amount of Oil that is imported. We a a a a. A Awa. A. In e Ray exp c it s a a re More Sec i ical. A they say that because the War ended Quot quickly at relatively Low Cost to the unit private de slates it did not produce a consensus on Steps to reduce Oil imports a a Oil prices arc now close to prewar Levels trading under $20 a barrel in new York in contract for delivery next. Month a a a. A Quot unless Vve have a ver Sharp increase in prices Quot predicted Charles j. Dibona president of the Ani Elican Petroleum Institute the ii Lusty s main Trade Assoc a lion Quot consumption will Rise and . Production will continue a downward . A t a a a. A. Still some experts say there arc worse things than remaining dependent on the Middle East primarily saudi Arabia for o i 1. The Sand is generally have kept prices. At a moderate level these experts say because saudi rulers believe if prices get too High customers will turn to alternative fuels or invest in technology that would Cut demand. In addition the War. Created for the first time a substantial .-Snudi military Alliance several Oil Industry watchers added. T. A 1 Quot its hard to imagine right now the saudis doing anything that would Hurt the United states a said Howard s. Gel Ler the executive director of the american Council for an Energy efficient Economy. But he said saudi Arabia had internal strains and added Quot i done to think anyone would want to bet that in five years of Idy Carswe in have the same  a  the Oil Shock of 1979, in which prices. Tripled was set  the ouster of the Shah of Iran who was the United states closest and most powerful Friend in the Region Geller pointed out. Since the Arab Oil embargo of 1973,. U a Energy posture has grown More secure in some ways More. Troubled in Quot   a a. A a. A the you nary is More secure because enc Ray is now a sea 11e r Ingre die it in the production of goods and services. The department of Energy calculates that in .1990 producing $1 Worth of goods and scr ices required 39 percent less Oil and Gas than was needed in 1973. On the other hand imports of crude Oil and Oil products arc up by More than 16 percent. The. Reason is that Domestic production has declined while total consumption in 1990 was roughly the same As in 1973,  a. A. A Quot the trend Towart greater Energy Coffi Cheney in the United states seems to be ending though with most of the improvement having taken place before Oil prices crashed in 1986. A what would have been the Impact on Oil supplies if Saddam had held onto Kuwait he plight have used his control of its Oil arid the threat of his military might to push up world prices and experts say the Short term Impact on importing countries might have been severe. But the longer term effect would have been less so they say because Jinp carts would have gradually declined under the weight of higher prices As was the Case after the Price Shock of 1978-80. A How to get Werd Jue que Washington a the internal Revenue service holding a stack of past due tax Bills totalling $96.3 billion might take a lesson from private debt collectors congressional auditors say. A help could come from "private-.industry, with its vast experience in collecting debt a. The general accounting office. Said in a report to the Senate governmental affairs committee. A. Quot irs for example could study How private companies use technology  organize and locate their offices. Arid How they measure  but delinquent taxpayers need a not worry about being squeezed by someone trying to repossess their car the Law prohibits the irs from hiring private Colucc tors. Quot a a a  a meantime the irs said that already this year. It has sent first notices to 5,6 million taxpayers that they owe an aver. Age of $2,143 in delinquent taxes. I hat is up from this time last year when 5.4 Milf lion notices averaging $2,037 had been a mailed,.��� a a a a. A ,/.����?T�� -. Quot the irs said most of this years notices have been to taxpayers who underpaid on returns filed by april 15. Whatever the. Reason for the notice irs said the message is the same. Quot done to ignore  if you done to have the Money to pay said spokesman Wilson Fadly Call or visit an irs office As quickly As possible. In some cases he said the irs will defer collection until the taxpayers financial situation improves a a. A a a a. A a. In most instances Fadly said people pay up in response to the first notice. Those who done to will receive up to four More notices by mail Quot before further cob Lection efforts Are made. Gao said the Irso computer based system of. Dunning people with overdue taxes and arranging for collection is he Ter than the manual one it replaced but still is not foolproof. Quot a Quot a a Gao a Howard g. A Lille said a Cheek of 10 of the 23 Sites where computerized col cation Calls Are placed found that the irs failed to respond to almost one third of taxpayers return Calls. T thirteen Sites were staying open an average of oily 49,hours a week although they Are required to open 64 hours he said. In 1990, Rhile said 52. Percent of staff time in the Call enlers was spent on. Leave in training or working on administrative matters a. A a a a a a a despite the automated system Gao said the backlog of billed but unpaid taxes grew last year by i i percent to $96.3 billion. Unless the irs improves its methods he said Only about one fourth of the delinquent accounts will Ever be collected. A. A. Engine fires prompt Hyundai Excel probe Washington a Federal investigators will take a closer look at 198689 Hyundai excels in an attempt to incl the cause. Of engine fires Quot that have prompted dozens of complaints a gov eminent official said tuesday. The National Highway traffic safety administration has received reports of 49 fires in the Korchun Mflwc Cost spokesman Tim Hurd said. An estimated 837,000 Are on the Road in the United states. Agency engineers believe the problem is. Linked to a pipe connecting the air filter to the catalytic converter Hurd said. When. Valves in the pipe malfunction exhaust. Gases can ignite flammable materials around the air  our engineers Are working on the theory that that a what is happening a he said. Quot we done to believe there a any safety concern at this Point a said Dotty Diemer gov Crement relations manager for Hyundai motor America the . Subsidiary of Hyundai motor co. She said the company was preparing to respond to  s request for information. In other cases the Agency said it had opened preliminary evaluations into  Loose steering a l heels in the Buck regal Oldsmobile. Cutlass Chevrolet Lumina  grand prix models made since 1986. A. A gasoline leaks in 1987 models of the Chrysler Omni Plymouth horizon Dodge Charger and Plymouth Turisco. There Quot a have been 17 complaints of leaks from a Reservoir connected to the mechanical fuel pump. The pump has been replaced with an electrical pump on later models. A a. A a a a a failure of anti lock brakes in 19881991 f Ord Light trucks. There have been 20 complaints blaming the problem for 14 accidents and seven injuries