European Stars and Stripes (Newspaper) - August 20, 1991, Darmstadt, Hesse                                Tuesday August 20, 1991 the stars and stripes b Page 17 a a it % it today s tip if you Are planning a vacation this fall there will be plenty of bargains. The travel business is still reeling from the recession and the persian Gulf War when travel declined sharply. Autumn is a traditionally slow season for travel anyway so there May be even More bargains than usual. But there is an if a sometimes a big if a bargains usually exist if the consumer can buy tickets in Advance and travel in a certain time period. A a you la probably see a barrage of air fare promotions because demand is so soft a said James. V. Cai Iissa jr., publisher of travel Industry indicators a newsletter published in Miami. Labor Day to the week before thanksgiving is traditionally when fares drop 15 to 20 percent below summer rates. Morton Ehrlich president of life co services a travel management company in new York said there will be bargains into the fall a for the traveler who can plan a Little bit ahead. There will be a lot of deeply discounted  conversion rate London up mondays i closing rates for the . Dollar to \ other currencies. Figures Are sex i pressed in dollars to the British v Pound other local currencies in a dollars Gold was quoted at $360.75 an ounce. Silver was quoted at $4.04 an ounce. Aug. 16 aug. 19 British pound.1.6620 1,6325 German mark.1.7615 1.8155 French franc.5.8905 6,1725 dutch guilder.1.9520 2.0505 belgian franc.36.22 37.425 italian lira .1,309.75 1,309.75 Swiss franc.1.5375 1.5545 greek drachma.192.95 199.10 turkish lira.4,514.00 4,615.70 saudi arabian riyal.3.7501 3,7501 Spanish peseta.109.30 112.95 portuguese escudo.149.90 155.58 Canadian dollar.1.1440 1.1457 austrian schilling.12.30 12.80 norwegian krone.6.8330 7.0825 danish krone.6.7535 7.0050 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 1.78 through tuesday based on mondays noontime  s suit claims Northrup sold tainted land los Angeles up a Developer that agreed to buy a parcel of land Northrop corp. Had vacated has sued the defense contractor for allegedly concealing contamination at the site a Northrop spokesman said Friday. The parcel located in Anaheim was vacated last year after 38 years of use by Northrop a electronic systems division. Northrop had agreed in 1989 to sell the 53-acre site to Taiyo development Usa inc. For $39 million. Taiyo a suit filed in Orange county Superior court in Santa Ana calif., alleges that Northrop refused to allow Taiyo a engineers to make detailed inspections of the site and review North rope a studies Northrop spokesman Ron Owens called the suit a Complete  ailing America West Northwest agree on Loans joint operation Phoenix apr America. West airlines made a Deal sunday with a competitor and one of its biggest creditors for $55 million in Loans intended to help the Carrier work its Way out of bankruptcy court. Northwest airlines would put up $20 million in Loans and also would get an option to acquire America West a Only overseas route a from Honolulu to Nagoya Japan a for $15 million in two years. Northwest also agreed to a joint marketing program to integrate its Strong overseas network with America West a route system which concentrates on the Southwest. The Deal would link the carriers booking and ticketing operations and their frequent flier clubs. The remaining $35 million in debtor in Possession financing would come from the Parent of guinness peat aviation the Irish company that owns much of America West a leased Fleet. America West filed june 27 for Protection from its creditors under chapter 11 of the . Bankruptcy code the fourth . Airline to do so since december. The move allows a company to reorganize and attempt to return to profitability under supervision of a bankruptcy judge. The Deal announced sunday would need court approval. Providers of debtor in Possession financing approved by a bankruptcy court get Paia before other creditors. The Tempe based Carrier a the Only one founded since deregulation stood the Industry on its head in the 1970s a has lost $80.8 million in 1991. Attempting to Cut its losses it has pared its route system Laid off workers and returned jetliners to their lessors. The airline blames its troubles largely on the same problems plaguing other carriers a High fuel prices and Slack demand brought on by the Gulf War and the recession. Edward Beauvais America West chairman and chief executive said in a news release that the financing would be used to provide working capital. A this package provides America West with a number of very exciting opportunities and the ability to continue to operate independently a Beauvais said. In a separate announcement from St. Paul minn., Northwest said the joint marketing agreement would Benefit both companies by allowing them to offer one Stop shopping to customers who want to link an America West route with a Northwest flight. America West a strength is in the Southwest. Northwest flies to Europe latin America Asia and Australia in addition to its Domestic routes. John Dasburg Northwest president and chief executive officer said in a news release the Deal a strengthens our West coast presence and ability to support our Pacific  the link enables America West to continue its one daily Honolulu Nagoya flight until Northwest is Able to exercise its Purchase option. America West a efforts to save itself involved halting flights to five Points on aug. 5. The airline will also Cut five More destinations aug. 30. It has gone from 729 flights daily to 657 on aug. 1 and 583 effective aug. 30. About 420 employees including 127 pilots have either been furloughed or taken unpaid leave for an . The airline also imposed a 10 percent workforce wide pay Cut. It has also reduced its Fleet of 105 planes. Nine Boeing 737s have already been returned to the lessor and seven Deha Villard dash 8 commuter planes Are to go Back aug. 25. The company owns 22 planes. Normally civic minded a amp a under fire for Strong arming Cincinnati a when City leaders want to get something done they look to Procter amp Gamble co. A the tradition Here on anything in terms of civic or charitable initiative is you get a amp a on Board and everybody else lines up a mayor David Mann said. The company that traces its roots to a soap business in 1837 has grown into a worldwide corporate powerhouse and civic Leader in a City known for Button Down conservatism. It has been a comfortable existence up amp a prospers the City benefits. But the company a latest move has raised questions about cosiness. Procter amp Gamble came under attack last week for having Law enforcement officials investigate a series of leaked stories to newspapers including the Wall Street journal. The company claims current and former employees May have violated an Ohio Law against revealing Trade secrets. At a amp Gas request authorities searched the records of All phone users in southwestern Ohio to determine who if anyone had called a journal reporter who covers the company from Pittsburgh. The investigation Hasni to resulted in charges but has raised questions about the company a methods. Some wonder whether the Community a most respected corporate citizen is throwing its weight around. The Cincinnati Post weighed in with an editorial headlined a up amp Gas Strong arming. A up amp a calling in the cops a the editorial said. A a it a kind of like when the biggest Guy in a pickup basketball game cries foul because someone barely touches him. Foul give us a  Heydon Thompson commander of police criminal investigations and investigator Gary Armstrong did no to return Telephone calls.. Consumer Price Index percent change from prior month sea Sonaty actuated 1.0% -0.2% Asmond of Mamje 1990 1991 july �?T90 june �?T91 july �?T91 0l4% l0.2% l02% source . Oppl of labor a Union eyes new Chance for foothold in hard hit North Carolina textile firm Kannapolis . Apr Union officials pointing to vanishing jobs and a shrinking Market detect a mood change among textile workers in two North Carolina counties who have spurned labors efforts to organizing five times in 18 years. A people Are sick and tired of being pushed around a said Lori Rushmeyer who earns $7.35 an hour sewing labels on washcloths at Fiel Crest Cannon  no. 1 Plant in Kannapolis. A if we turn the Union away this time we re  the 9,000 workers at seven Fiel Crest plants in Cabarrus and Rowan counties will decide today and wednesday whether they want to be represented by the amalgamated clothing and textile workers Union. The organizing Effort in Central North Carolina is one of the largest attempted at textile plants in the South. The Union tried to organize Fiel Crest workers in 1973, 1974, 1980, 1981 and 1985. The 1985 Effort lasted 15 months before it was voted Down almost 2-1. A the level of participation is much better than it was that year a said Kim Klesty leading the unions Campaign. A this has been a totally worker driven Campaign a she said. A people Are tired of greed a said Mike Zucker who works for the Union. A they Are looking for someone who can provide More fairness in their  some workers still say they done to need a Union. A a in be always Felt i can speak for myself a said Thelma Honeycutt a Weaver at the Kannapolis Plant for 39 years. A i done to want any Union getting part of Ray  Honeycutt said the company has been Quot a Nappy family since it was founded a Century ago. A we have survived Over 100 years without a Union a she said. A now that we re going through some Tough times we done to need some third party coming in to take  there a no mystery behind workers repeated rejection of Union overtures said Osborne Raines Fields rest a vice president of human resources. A a we be had contracts with this Union for years a he said referring to the unions representation of Fiel Crest workers at other plants outside the Region. A a we be found that there a no difference in wages and