European Stars and Stripes (Newspaper) - September 27, 1991, Darmstadt, Hesse                                Friday september 27, 1991 the stars and stripes b Page 17_ Money matters Frankfurt Germany a pan am world pass members will automatically become members of the Delta frequent flyer program As of nov. 1, according to a Delta air lines spokesman in Frankfurt. From then on mileage credit for travel on flights operated by pan am will be credited to their new Delta frequent flyer accounts the official said. Delta took Over the pan am shuttle on sept. 1. It also is purchasing Pam am a North Atlantic routes and Frankfurt Hub with service scheduled to begin on nov. 1. Accrued world pass Miles will be transferred to the new Delta frequent flyer accounts and will be available for redemption Jan. 1. Miles transferred will not be subject to expiration dates. Those with Clipper club membership As of aug. 12 will be granted Access to Delta Crown room clubs upon presentation of a Clipper club card and ticket for Delta travel that Day. Conversion rates London up thursdays 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 $351.75 an ounce Sliver at $4.21, sept. 25 sept 26 British pound.1.7330 1.7325 German mark.1.6835 1.6805 French franc.5.7160 5.7370 dutch guilder.1.8901 1.8991 belgian franc.34.61 34.65 italian lira.1,254.65 1,258.35 Swiss franc.1.4655 1.4620 greek drachma.186.66 187.46 turkish lira.4,676.00 4,698.30 saudi arabian rtyal.3.7500 3.7501 Spanish peseta.105.92 106.65 portuguese escudo.144.46 145.19 Canadian dollar.1.1339 1.1347 austrian schilling.11.8040 11.8575 norwegian krone.6.5655 6.5950 danish krone.6.4685 6.5035 these Are commercial rates and can be related Only to the use of foreign currency by . Forces for official business. The Only official rate concerns the Sale of German Marks to . Personnel for personal use and this will be 1.64 through Friday based on thursdays noontime Price fixing. Dow Jones new York up a Dow Jones closing Range of averages wednesday 30 industrials 20 transport 15 utilities 65 stocks High 3048.52 1198.17 210.50 1081.06 Low 3004.92 1172.25 208.06 clot 3021.02 1184.94 209.81 1063.75 1071.56 change Oft 8.05 Oft 2.47 up 0.87 on 1.64 Bank official fined $20 million by the new York times Washington a the Federal Reserve Board announced wednesday a $20 million civil Fine against the former chairman of a Southern California Bank that the fed said was illegally and secretly acquired by the Bank of credit and Commerce International. At the same time the Justice department at the feds request obtained a temporary freeze in . District court in los Angeles on the assets of the former Bank official Kemal Shoaib. Earlier this month the fed assessed a civil Fine of $37 million against saudi businessman Ghaith r. Pharaon for his role in fronting for by Cir a Purchase of the Bank the Independence Bank in Encino. Job applicants where Are you merchants Bank has slots to fill by David Tarrant staff writer merchants National Bank is having trouble filling Many jobs within the Bank a 135-Branch network in Europe particularly in military communities hit hard by the draw Down of . Forces. The Bank which ended a six month hiring freeze in april has experienced a Sharp decline in qualified applicants for Teller customer service and loan representative positions that Are available now officials said wednesday. Moreover As Many As 400 of about 1,200 positions at Field ranches could the Ting at Home because of the uncertainty of where they re going to be sent next Quot said Finch who works out of Stuttgart. So far the dearth of Job applicants has not had a direct effect on service Finch said. But if the trend continues Quot we re going to have some problems with service Down the line Quot he said. As part of the draw Down the Southern District already has closed two of its 15 Gion Are the Frankfurt Darmstadt Wiesbaden and Firth military communities. In previous years about half of the Bank employees have been germans or other local nationals. The rest have been americans and most of those were spouses of Servie members Boecher said. Lately the proportion of German employees has dipped to about 40 percent. Quot for the most part the German applications have dried up. The word is that because of the draw Down Thev re in turn Over next year. Counting its Headquarters in Frankfurt the Indiana based merchants has 1,800 employees Overall at . Community Banks in Germany the Netherlands and Greece that the firm manages for the department of defense. Bank officials said the shortage of Job applicants could be the result of uncertainties surrounding the Transfer or deactivation of units and the return of . Troops to the states. Another reason May be that people assume the Bank still has a hiring freeze officials said. A the draw Down has to be a big part of it a said Bob Finch manager of merchants District facilities in Southern Germany. A i think the really Good conscientious employees we be seen in the past Are sit i think the really Good conscientious employees we be seen in the past Are sitting at Home because of the uncertainty of where they re going to be sent next a Bob Finch a merchants manager banking facilities. There Are plans to close three More facilities in the coming months Finch said. Despite the closures Finch projects that he will still have about 100 Job openings in the next year in the Southern Region which includes the Karlsruhe Stuttgart Ulm and Augsburg military communities. Of the 38 merchants locations in Germany a Northern District one is closed and two More Are projected for closure As a result of the draw Down said Rocky Boecher manager of the Northern District in Frankfurt. About 200 positions Likely will come open in the next year in the Northern Region Boecher said. Included in this re no longer interested in working in a place which they believe has no future Quot Boecher said. Quot that a what hurts me a lot. I m totally unaffected by the closures but in a suffering from the bad publicity of the draw Down he said. Bank officials arc working through civilian personnel offices to recruit applicants. They Are also relying on the More informal word of Mouth Finch said. For interviews applicants can directly Contact the Bank where they Are interested in working. Bank employees enjoy better entry level salaries and benefits than is offered by most american Banks Finch said including six weeks of vacation. A experience is not essential a Finch said a because we have a training school in bad  irs to make agents responsible for seeing cases through to end Washington a it May not be As satisfying As a tax Cut but Relief is on the Way for taxpayers who see red when their letters to the internal Revenue service Are bounced from one employee to another. The next time you get a letter from an irs service Center where your tax return is processed it should include the name of the worker who originated the letter a a real live person you can Call or write. That employee is Given a a ownership of the Case until it is finally resolved said irs commissioner Fred t. Goldberg or. The change was one example cited wednesday by Goldberg in testimony to the House ways and Means oversight subcommittee about what the tax Agency is doing to improve its service to taxpayers. The panel has heard complaints that the irs has not done a Good Job of carrying out the 1988 taxpayer Bill of rights. Such changes Are Only preliminary Steps while the irs awaits completion of a decade Long $7.5 billion program of modernizing its computers. Although Goldberg acknowledged some of the Agency a problems other witnesses said the Agency is not doing enough to protect taxpayers rights. Paul desfosses president of the National coalition of irs whistle blowers an Arm of the Church of scientology said the group continues to receive volumes of of complaints by taxpayers. A desfosses and David Keating executive vice president of the National taxpayers Union called for a political appointee a not an irs employee a to be Given the Job of irs ombudsman. Despite Goldberg a assurances rep. . Pickled Texas the oversight committee chairman said he is not satisfied that the irs has made taxpayer rights a priority. He listed these examples a several cases in which employers failed to turn Over taxes they had withheld from workers paychecks and the irs tried to collect from clerical employees who were not involved in management. A cases in which the irs cancelled instalment plan arrangements without giving the taxpayer any written notice a even when All payments had been made on time. A taxpayer files lost inside irs offices for up to two years. A notices and instructions to businesses that were so ambiguous and error filled they lost taxes for the government and upset taxpayers. Dec taxes proposed to Cut fuel pollution by the new York times Brussels Belgium a the euro Pean Community on wednesday became the first industrialized Region to propose an Energy tax in an attempt to curb worldwide emissions of Carbon dioxide. The european commission the Community a executive body asked its 12 member nations to begin debate on proposals that would put a surcharge of $10 a barrel on Oil by the Century Send surcharges of $14 for equivalent amounts of Coal and $5 for nuclear Power. The purpose of the proposals is to Cut Power consumption generally and in particular to discourage the use of those sources that produce the most Carbon dioxide. The plan represents an Effort to meet the Community a proclaimed target of stabilizing Carbon dioxide emissions at 1990 Levels by the year 2000. Carbon dioxide largely produced by the burning of Fossil fuels such As Oil or Coal is the major contributor to the greenhouse effect which Many scientists say will gradually increase the temperature of the Earth. The phenomenon is expected to raise sea Levels change rainfall patterns and displace plants and animals. Carlo Ripa i Meana the european commissioner in charge of environmental matters said the Community would ask the other major Industrial Powers such As the United states and Japan to adopt similar strategies. Japan in the past has expressed willingness to curb Fossil fuels. However both the Reagan and Bush administrations have resisted Calls by environment i.l.�?T. Fsr in non Riv in