European Stars and Stripes (Newspaper) - September 8, 1991, Darmstadt, Hesse                                Sunday september 8, 1991 the stars and stripes c Page 15 a we.  it Xiv it no \ v Money matters Dollar watch shown below Are the highest Dollar Exchange rates for the week of sept. 1 sept. 7 compared with Dollar rates for the same period one year and five years  Pound one Pound would Cost you $1.67 $1-87. $1.48 1991 j99oj Jess German Mark one Dollar would buy you 1.55 2.02l.bb i 1990 i 1986 i a military Exchange rat turkish lira one Dollar would buy you 4,6262,705 1990682 1986 a amp Dollar takes a Small fall London up a the Dollar eased Friday As dealers demonstrated disappointment in mediocre . Employment figures by nudging the Dollar slightly lower. Analysts said the american figures were slightly below expectations and had not completely dispelled speculation that the Federal Reserve Board might ease monetary policy. The Overall effect of the figures on the dollars standing was minimal. The figures showed the . Non farm payrolls for August Rose by 34,000 employees compared with expectations of an increase of up to 50,000. In july the payroll declined by 51,000. Trading was lacklustre after neither a positive jobs figure nor an interest rate Cut emerged. Dealers had been looking to fridays jobs figures to quell fears that the american economic recovery was faltering but analysts said the figures were not Strong enough to remove doubts. In Frankfurt the Dollar fell to 1.7374 German Marks from its thursday close of 1.7400. In London the Pound climbed to $1.6965, from its closing level thursday of $1.6930. At military banking facilities the Dollar will buy 1.69 Marks through monday and the Pound will Cost $1.74. In Paris the Dollar closed weaker at 5.9010 French francs against thursdays close of 5.9065. In Brussels the Dollar eased to 35.75 belgian francs from thursdays close of 35.7825, while in Milan the Dollar fell to 1295.70 lire compared with 1297.0 at the close of Trade on thursday. In Zurich Gold rallied to $348.55, against the closing rate thursday of $347.45. In London Gold ended the Day at $348.50, up from $347.50 at the previous close. New car emission standards May increase prices $1,000 Ann Arbor Mich. Up new car buyers Are being advised to Brace themselves for a new round of sticker Shock because of new emissions standards an Ann Arbor Mich., research company said Friday. In a recently completed analysis the automotive consulting group inc. Said the Price of an electrically heated catalyst system could increase new vehicle prices about $1,010 a vehicle. This technology is the Cornerstone of californians Low emission regulations. Similar emission regulations Are under consideration in 12 additional states. The group said that Consumers have Al ready been asked to absorb Price increases resulting from such safety enhancements As air bags and anti lock brakes As Well As emission and fuel Economy improvements. The group said however the depth and breadth of current clean air regulations raise serious questions regarding future vehicle prices and related sales a most notably in a fragile Economy. A currently about 36 percent of vehicles in the . Are at least nine years old and escalating vehicle prices will Only increase these numbers a said Dennis Virag the groups managing director and the author of the report. A the toll on the consumer and on Domestic automotive production could be  new car prices now typically Range Between $15,000 and $16,000. Overall . Vehicle sales including Light trucks Are expected to drop to about 13 million units for 1991, from 14.1 million in 1990. Estimates for 1992 Range from 13.5 million to 15 million units depending on the strength and timing of the Economy a recovery. The act report is the first of a series of reports analysing various aspects of the clean air act and the California air resources Board regulations. Epa cites general dynamics corp. San Francisco up the . Environmental Protection Agency cited defense contractor general dynamics corp. On Friday for hazardous waste violations at its missile components Plant at a Navajo Indian reservation in Arizona. The Agency said the Plant had violated the Federal resource conservation and recovery act seven times. It proposed a penalty of $373,600. General dynamics spokesman Eric so Lander said company officials were meeting with Epa officials to determine whether the violations have taken place. General dynamics must respond to the order by sept. 25. The Epa said the violations include a failure to determine whether generated wastes arc hazardous. A failure to prepare a waste Manifest. A failure to manage hazardous waste containers properly. A failure to prepare a contingency plan. A failure to do proper emergency planning. A failure to properly maintain and operate the facility. The facility which employs about 250 workers generates hazardous waste during the manufacture of sub assemblies for electrical components used in the Standard missile. Stock Market slides slightly new York up the Stock Market drifted lower in lacklustre trading last week ending with a Small loss. Trading was generally sluggish in the Holiday shortened week As Many investors stayed on the sidelines in anticipation of August . Unemployment figures released Friday. For the week the Dow Jones Industrial average fell 31.97 Points to 3,011.63, a decline of about 1 percent. Among broader Market indexes the new York Stock Exchange composite Index fell 3.18 to 213.51, and the Standard and poor a 500 Index dropped 6.33 to 389.10. Declines outpaced advances 1,179-715 among the 2,209 nose issues traded last week. Weekly big Board volume totalled 784,833,130, compared with 913,927,106 traded a week earlier and with 560,370,900 in the same week a year ago. After observing labor Day the Market reopened tuesday with the Dow industrials tumbling 25.93 amid continuing concern about the Pace of the nations economic recovery and the Impact of computerized trading. On wednesday the Market slipped an additional 9.17 Points As anxiety about the unemployment figures kept Many investors out of the action. The Market ended the Day exactly where it began thursday the first time that has happened since july 19, in trading that again reflected uncertainty about the Economy and concern about the August jobless numbers. Stocks closed mixed Friday As the Dow industrials gained 3.13 but with declining issues outpacing advances. A somewhat better than erected August unemployment report of 6.8 percent did Little to allay concerns about the Economy. In this vein analysts attributed the markets aimlessness to growing anxiety about the nations slow Pace of the economic recovery. A the Market has real deep pockets of weakness where stocks can get annihilated for any slight negative a said Tom Gallagher a managing director at Oppenheimer and co. A what seems to have happened is that when people came Back from summer vacation they decided to lock in some of their profits for the year. After All the markets done pretty Well to this Point a Gallagher said. James Kalil president of comp Val investments inc. Of Wilmington del., said he expects the Market to continue Drifting in the absence of decisive economic news. A a it a been kind of a Dull week and i think you re going to see More of the same a Kalil said. A a we re in a quiescent period waiting for a definitive piece of news. A the Market is saying a of we re out of the recession but we re not sure we re in the  its going to be a slow  on the trading floor last week Pepsico was the most Active nose Issue off 3v to 29vh. The company a snack foods division was Hurt by rival Borden  announcement last week that it expected lower earnings because of a sluggish Economy. At amp to followed up vhf to 39v�. The limited was third off 3v to 25. On thursday the retailer announced Flat August sales disappointing analysts. Fourth was Exxon up a to 59. It was reported thursday that efforts to. Reach an settlement for damages from the 1989 Valdez Oil spill had stalled. On the american Stock Exchange the amex Market value Index fell 0.63 to close Friday at 369.36. For the week the Index declined 2.43. Declines led advances 461-339 among the 991 issues traded for the week. Amex volume totalled 58,602,230 shares compared with 69,007,890 a week earlier and with 46,073,385 in the same week a year ago. Continental air holdings was the most Active Stock on the amex up i to 2v. The Dallas based Perot group con Market update activity for the week of september 2-6,1991 daily Dow Clos a 3100 3050 3000 2950 2900 2850 2800 1 we w the f highest close 3,017.67-tues. Week s High 3,066.64�?tues. Lowest close 3,008.50-w./th. Weeks Low 2,987.48-Fri. Week s change Down 31.97 firmed wednesday it is leading an investor group exploring a possible acquisition of the struggling Carrier and Continental said late Friday that it is continuing discussions with potential investors and merger partners that have expressed interest in participating in a financial restructuring. The National association of securities dealers composite Index fell 8.75 to close at 516.93