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Publication: European Stars and Stripes Wednesday, January 22, 1992

You are currently viewing page 19 of: European Stars and Stripes Wednesday, January 22, 1992

     European Stars and Stripes (Newspaper) - January 22, 1992, Darmstadt, Hesse                                Page 20 the stars and stripes wednesday january 22, 1992 Money matters today a tip Safeway inc. Said monday that it will become the first supermarket Chain in the nation to offer prescription Home delivery through a new pharmacy express service. The Chain said the new service is an outgrowth of its 2-year-old shoppers express Home delivery. Safeway based in Oakland Calif., said pharmacy express customers would place orders on a 24-hour Telephone line. Home deliveries would be made on weekdays Between 1 porn. And 4 30 . And Between 6 30 . And 9 . Safeway said it would charge $4.95 for All deliveries. A right from the Start Safeway has been working toward the Day we could expand our Home delivery program to include prescriptions and pharmacy items a said Thomas Keller Safeway a senior vice president and division manager. A your customers have told us How much they would like to have these products added to our Home delivery  conversion rates London up tuesdays 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 $357.35 an ounce Silver at $4.26. Jan. 20 Jan. 21 British pound.1.7989 1.8010 German mark.1.5990 1.5905 French franc. 5,4190 5.4207 dutch guilder.1.7989 1.7875 belgian franc.32.80 32.68 italian lira.1,196.15 1,197,05 Swiss franc.1.4105 1.4105 greek drachma.183.12 183.34 turkish lira.5,395.00 5.371.90 saudi arabian rlyal.3.7498 3.749b Spanish peseta.100.50 100.18 portuguese escudo.137.30 138.77 Canadian dollar.1.1493 1.1535 austrian Schilling .11.i650 11.1620 norwegian krone.6.2370 6.2320 danish krone.6.1550 6.1530 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 1.55 through wednesday based on tuesdays noontime Price fixing. New York Exchange new York up a York Slock Exchange Stock Glaxo holdings Cypress sem icon blockbuster enl Westinghouse Elrar Nabisco hid adv Micro docs genl electric Wal Mart stores cil corp Homo depot inc global Marine Upjohn co Avistar inti coca Cota co Uniss corp the 15 most Active stocks in new composite trading on monday. Silit 3,706,600 3.285,900 1.680.700 1.871.300 1.856,500 1.038.700 1.784.000 1.744.300 1.629.700 1,602,400 1.588,200 1.501.300 1.485.000 1.365.300 1,297.800 last 31% 14% 13% 18% 11 19% Bow 55% 14% 64% 2% 41% 3% 72% 5% hat chg. Up off 3% off % Oft unch up % up 1 off a off % 0 1 1% up Oft 1% off % 0 1 1% unch american Exchange new York american Slock Slock Americus desc Amdahl com Energy service Echo Bay mines Rhone Poul cart Granada Biosca new York times a Hillh Avan corp Blo pharmaceutics  Pic the 10 most Active stocks in change composite trading monday. Setae lilt net chg. 755,900 11% up 1% 535,000 18 Oil % 468,700 1% unch 437,100 8% up % 427,300 1 3-16 up 1-16 416,300 2% aft 407,600 27% up 1% 369,300 3% up it 361,200 4% up % 380.100 1 unch Dow Jones new York up Dow Jones closing Range of avenges monday 30 industrials 20 transport 15 utilities 65 stocks a Lek 3283 32 1426.38 21357 118808 Low 3230 99 1400 04 209 81 1167 99 Cloia Cheng 3284 03 off 10.95 141143 off 40.47 212.26 up 0.44 1177 36 on 4.53 gasoline to share the Road in fueling vehicles of future Washington a facing serious air pollution America is trying to wean its cars from gasoline. The transition toward a cleaner motor fuel won t be Quick but there Are signs that gasoline a grip is loosening. Automakers Are not Only beginning to produce More such vehicles but also a limited number of cars vans and Small trucks that run on methanol. And within a few years Auto Industry officials say electric cars will come purring out of showrooms. Alterative fuel technology a is Here today and its ready to Roll a said Claudia Baker an executive of the Energy commission in California a state that has vigorously pushed substitute motor fuels to help ease its severe air pollution. Some Energy experts and environmentalists predict that More than 2.5 million vehicles powered by fuels other than gasoline will be on american roads by the end of the decade. California will require As Many As 40,000 electric powered cars to be sold annually in the state by 1998 and five times that by the year 2003. Other states including new York Are on the verge of enacting similar requirements. New Federal pollution rules also Call for 150,000 a clean fuel vehicles to be sold annually in California a and possibly other states a by 1996 and twice that Many two years after that. In addition Federal Law Calls for phasing in alternative fuel Fleet vehicles in Urban areas with the worst air pollution. At least six states already have incentives or requirements to shift operators of taxicabs delivery trucks and other fleets away from gasoline or diesel. Gasoline powered cars and trucks Are the single largest source of air pollution emitting smog forming hydrocarbons and toxic chemicals As Well As the principal Tom Alexander of Pacific Gas amp electric co. Refuel a natural Gas powered company car at a service station in Sacramento Calif. Quot greenhouse Gas Carbon dioxide. Most alternative fuels produce significantly less pollution from vehicles although in some cases their production May still have environmental drawbacks that contribute to global warming called the a greenhouse  generally the widespread use of alternative fuel vehicles also would sharply reduce americans dependence on Petroleum since two thirds of the 17 million barrels of Oil consumed each Day go to transportation. Maker of Patriot missile reports 10% jump in 4th-Quarter income Lexington mass. Up Raythelon co., maker of the Patriot missile reported monday that its 1991 fourth Quarter net income jumped almost 10 percent from the previous year to $157.8 million from $143.6 million. Shares increased to $2.37 each from $2.20 a share. However sales for the giant electronics aviation appliances Energy and environmental services company eased to $2,429 billion from $2,456 billion during 1990. Lower 1991 sales in electronics reflected the timing of key production programs principally the pending order of the 14 Patriot missile fire units and 758 Patriot missiles to saudi Arabia. The company which employs about 71,600 people worldwide reported its net income for 1991 jumped to $591.8 million or $8.95 a snare from $557.3 million or $8,53 a share in 1990. The electronics segment the company said maintained its leadership position in government electronics systems with demonstrated Strong performance in operation desert storm important new contract awards and improved productivity and operating performance. During 1991, Raythelon said it received $827 million for additional orders of Patriot hardware and engineering and logistic services including initial funding against More than $200 million in contracts from the . Army for Patriot upgrades to the radar launcher missile and communications. The company said other important contract awards in the electronics segment during 1991 included a a $265 million Winner take All competitive contract award to produce 5,291 Laverick air to surface missiles for use by the . Air Force and Navy. A funding of $186 million for 270 advanced medium Range air to air missiles. A a $66.5 million competitive contract plus $12,6 million in options to produce the major share of the fiscal year 1991 award of a Block 3 version of the Standard 2 missile a initial funding against a $63.3 million contract to provide Egypt with upgrades to its Hawk air defense system. Come loses $430 million in final Quarter Chicago up a Commonwealth Edison co. On monday reported a fourth Quarter loss of $429.6 million because of a ruling that $734 million in construction costs for nuclear Power plants could not be passed on to customers. The toss for the final Quarter of 1991 compared with earnings of $85.6 million or 31 cents a share in the fourth Quarter of 1990. Revenues for the Quarter increased to $1.48 billion from $1.37 billion in the 1990 Quarter. For All of 1991, come posted earnings of $94.9 million or 8 cents a share a Down 26 percent compared with $128.3 million or 22 cents a share in 1990. Revenues for the year Rose to $6.27 billion compared with $5.31 billion in 1990. Comedy a 1991 results included onetime after tax charges totalling $550.6 million a $16.9 in the second Quarter and $533.7 million in the final Quarter a related to the disallowance of nuclear Power Plant construction costs the Illi Nois Commerce commission deemed excessive. The commission disallowed $734 million in nuclear Plant costs when it authorized a $750 million rate increase for come last March. Come had sought a $1.2 billion increase. Come in recent years has been forced to make a series of rebates to customers repaying them with interest for nuclear Plant costs that had been included in its rate Structure As far Back As 1986. E is is g e n d o to it a r. They be bin be lot info 8ct /  
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