European Stars and Stripes (Newspaper) - October 8, 1991, Darmstadt, Hesse                                Tuesday october 8, 1991 the stars and stripes b Page 17money matter today s tip . Cookie cake and pastry makers Are enjoying the Sweet taste of Success in the world Market. The agriculture department reports that exports of . Bakery products reached $186 million last year and could top $250 million by the Middle of the decade. As recently As 1987, the department said . Exports of bakery goods were less than $50 million. Over the last 15 years the . Market share in global Trade for bakery products has hovered around 2 percent or 3 percent and slipped to 1.9 percent As recently As 1987. But in 1990, the . Share increased to 5 percent and exporters Are expected to maintain that level or boost their share Over the next few years the department  rates London up mondays 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 $359.75 an ounce Silver at $4.14. Oct. 4 oct. 7 British pound.1.7400 1.7345 German mark.1 -6800 1.6800 French franc.5.6800 5.7170 dutch guilder.1 8770 1.8920 belgian tranc.34.3425 a italian lira.1,244.25 1,254.20 Swiss franc.1 4655 1.4715 greek tfrachma.185.35 187.13 turkish lira.4,719.00 4,753.90 saudi arabian riyal.3.7502 3.7503 Spanish peseta.105.27 106.14 portuguese escudo.143.00 144.11 Canadian dollar.1.1318 1.1303 austrian schilling.11.7000 11.8130 norwegian krone.6.5070 6.5670 danish krone.6.4135 6.4700 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 tuesday based on mondays noontime  Pont co. Plans to Lay off 1,085 worker Wilmington Del. A the Dupont co. Has announced another 1,085 layoffs As part of a continuing Campaign to slice $1 billion in operating expenses Over the next two years. The latest cuts Are concentrated in two divisions research and development and materials logistics and services. The company said 1,085 full time and contractual employees will be Laid off from the divisions Between now and Early 1992. Sayings were estimated at $182 million. The hardest hit will be materials logistics and services where 540 people will lose their jobs including 154 contractual workers. However most of the estimated $110 million in savings will come from elimination of leased office space in Wilmington and from reduced Energy consumption. John Werner Kluge Bill Gates Sam Moore Walton Kluge remains nation s wealthiest for 3rd straight year Forbes says i a i i new York apr Bill Gates the thirty something Whiz who formed the worlds biggest maker of computer software is closing the Gap on the richest person in America 77-year-old entertainment Mogul John Werner Kluge. Kluge and Gates ranked no. 1 and no. 2 on Forbes list of the 400 wealthiest americans the Magazine said sunday. The list appears in the oct. 21 Issue. Kluge a German immigrant who founded metro Media co., is Worth an estimated $5.9 billion up $300 million from last year the Magazine said. He has ranked first for three years in a Row. William Henry Gates Iii 35, the Harvard dropout who in 1975 formed Microsoft has a net Worth of about $4.8 billion most of it from Stock in the company Forbes said. Last year he ranked 16th with $2.5 billion. The net Worth of the top 400 hit $288 billion the highest recorded by Forbes despite a recession that the self proclaimed a capitalist tools a says Hurt billionaires As Well As Blue Collar workers. The recession did make former moguls of some mostly in real estate where values have dropped and vacancies have skyrocketed. But a record 71 billionaires populate the list up from 66 last year and 13 in the magazines first ranking in 1982. Forty seven names were dropped this year. Six died including sen. John Heinz Iii r-pa., who was killed in a plane crash and lbs tycoon William s. Paley. Fifty eight of the 400 Are women. The lists average age is 64. Only one truly household name left the list Chicken Man Frank Perdue. But Forbes said he slipped because the Magazine had overestimated his wealth. At nos. 3-7 on the list Are Wal Mart stores inc. Founder Sam Moore Walton and his family. Walton divided his wealth equally among himself and his four children. Each is estimated to be Worth $4.4 billion. Warren Buffett a Nebraska investor who was tapped to clean up scandal tainted Salomon inc., ranked eighth. His estimated Stock Market Fortune grew to $4.2 billion from $3.3 billion. Next Are industrialist Henry Lea Hillman $3.3 billion and Amway corp. Partners Richard Marvin Devos and Jay Van Andel at $2.9 billion each. Michael Milken is a making about 30 cents an hour at prison labor a but the junk Bond financier is still Worth More than $700 million Forbes said. He was no. 107. The real estate departures include new Yorkus Peter Kalikow who filed for chapter 11 bankruptcy Protection Bostons Harold Brown who restructured debt after a chapter 11 filing and new York s Mortimer Zukerman. Forbes bases the rankings on inheritances Stock ownership and a a conservative estimates for private companies. The Magazine also reserves a separate a ranked category for family fortunes that Are divided so widely no individual qualifies for the 4 h. Among the biggest names Are Bacardi Busch Kennedy and pulitzer. The richest a total wealth a an average $720 million per person a is enough to erase the 1991 Federal deficit and still have enough for the $6.4 billion in extra unemployment benefits president Bush plans to veto. A Hie Rich Arentt saints. Not All of them Are Nice people a Forbes said. A but it just in t True that they get Rich at the expense of other people. When they done to Prosper neither do the rest of  old fashioned Farmer in Illinois gives chickens a Home where they can roam Melvin Iii. Apr most chickens never see the Light of Day but Brian Corley a Birds Are Al Home on the Range. His organically raised flock Heads out to pasture in the morning snacking on insects grass and weeds and roaming in the Sunshine. Their main diet is Corn and soybeans grown without pesticides and they Are Given no antibiotics to prevent or combat sickness. The exercise produces a Chicken with less fat Corley said. Quot there is Public concern Over the dangers of agricultural chemicals so the demand for organic products is growing a said Corley who lives on a 22-acre farm with his wife Katharine and two Young children. A we just want to give people a Choice of having chemical free food. A the co Leys Are among a Small but grow ing number of Farmers opting for less conventional ways of raising chickens. About 95 percent of the nations broilers Are raised in Large confinement buildings with about 20,000 Birds per House said Ken Koelkebeck a poultry expert at the University of Illinois. They never go outside. Their feed often is grown with the help of chemicals that kill weeds and insects. If the chickens get sick they Are Given Medicine. A they grow3efficiently in these systems and there is absolutely no reason for any health concern a Koelkebeck said. But Corley said health concerns Are w hat drove him to make changes. Quot we found out about nicotine and Dot and the list will keep on growing a a he said. Quot i think its too late for us but having children made us determined to reduce our exposure to All these chemicals and  Corley belongs to the 3,000-member organic crop improvement association. The group said he is orc of about 18 . Farmers it has certified of produce chickens organically. The co Leys who grew up around Chicago loved the country and bought their Central Illinois farm about four years ago. They decided the Chicken business would give them enough income to allow Katharine Corley an artist and Burner teacher to stay Home with i heir children. Brian Corley is a school psychologist in addition to working several hours a Day with his flock. He developed his organic system by studying literature Anil talking to other organic tanners