European Stars and Stripes (Newspaper) - March 1, 1992, Darmstadt, Hesse                                Sunday March 1, 1992 the stars and stripes a Page 15 Dollar watch shown below Are the highest Dollar Exchange rates for the week of feb. 24 29 compared with Dollar rates for the same period one year and five years  matters one Dollar would buy you 1.62 1992 1.52 1991 1.83 1907 a military Exchange rate one Pound would Cost you 1.74 1.91 1992 1.53 1987 34.96 one Dollar would buy you 38.62 31.42 1991 1987 a is Sass amp a Sone Dollar would buy you 1.86 1992 1.71 1991 2.07 1987 one Dollar would buy you 5.63 5.7 611 1992 1991 1987 it Salt a 4s%� a Cav. A one Dollar would buy you 19145 1m.k Quot 135.10 1992 1991 1987 one Dollar would buy you 1,243.95 1136.50 1.307.50 1987 %. So a n it s s a g one Dollar would buy you 129.13 104.15 94.60 1991 1987 4 one Dollar would buy you 5,846.20 1992 3,310.70 1991 764.00 1987 sex Florida Bank chief charged in Bocci scam looting of Thrift Miami apr the former chairman of entrust savings Bank has been indicted on Federal conspiracy and fraud charges alleging he propped up his failing Thrift with a $25 million Sham Purchase of securities by the now defunct Bocci prosecutors said Friday. David Paul also conspired to loot entrust for his own gain said James Mcadams acting . Attorney for Southern Florida. Paul collected almost $21 million in salary bonuses Stock dividends and loan proceeds in the five years he controlled the Thrift Mcadams said. The indictment Marks a direct link Between the savings and loan failures and the massive Bank fraud at Bank of credit and Commerce International the International Bank seized by regulators last summer. Also charged in the 22-count grand jury indictment were former Bocci shareholder Ghaith Pharaon and William Christopher Berry who ran the failed thrifts investment department Mcadams said. Paul and Berry lied about a Stock Swap Between entrust and the now defunct Lincoln savings and loan and repeatedly falsified documents to misrepresent a entrust a financial health the indictment charged. A Paul and Pharaon Are charged with wilful misapplication of entrust Money a Mcadams said after Reading the charges. A such practices strike at the heart of the Economy of this nation and must not go  entrust was taken Over two years ago by Federal regulators at a loss of $1.7 bib lion amid charges that Paul plundered the Thrift at the expense of account holders. Paul 52, faces up to 100 years in prison and $5 million in fines if convicted on 20 counts. Berry faces 90 years and $4.5 million on 18 counts. Pharaon could be imprisoned for 10 years and fined $500,000 if convicted of two conspiracy counts. The investigation into Paul and the failure of entrust a is continuing and it is intensive a Mcadams said. He would not comment further. A judge recently ordered Paul jailed for up to 18 months for contempt after he refused to produce documents sought by the grand jury investigating his thrifts failure. Agency endorses huge Bank merger Washington a the Justice department said Friday that it will not Challenge the proposed merger of Bank America and Security Pacific corp. A the largest in . Banking history a because they plan to sell 211 branches in five states. The proposed Sale will allay concerns that the proposed merger could Lessen Competition in the five states the Justice department said. The branches have deposits totalling $8.8 billion and loan portfolios of More than $2.7 billion. As a result of the plan the Justice department will advise the Federal Reserve that the merger will not Hurt Competition the Agency said. A this action will assure that Bank Consumers in Western states continue to enjoy the benefits of Competition while permitting ban America to obtain the Cost savings it expects to realize from the largest Bank merger in history a said James f. Rill the assistant attorney general for antitrust. The fed must give final approval of the merger. The Banks Are also working to meet requirements of state antitrust Laws. If approved the merger is expected to take place this summer. The merged company would be known As ban America. Ban America of san Francisco is the nations third largest Bank holding company with assets of More than $115 billion and deposits of More than $92 billion. Security Pacific of los Angeles the seventh largest Bank holding company has assets of More than $76 billion and deposits of More than $58 billion. The merger would create the nations second largest banking company and analysts predict the combined operation could eventually eclipse Citicorp As the country a largest. Dow sets 2 records during week but can t breach the 3,300 barriers amps new York up it was a frustrating week for Wall Street As the Dow Jones Industrial average soared to record territory twice last week but failed to break the 3,300 Barrier. David Kalman technical analyst with . Newbolds son amp co. In Philadelphia described the markets retrenchment As a a Normal behaviour considering there have been Clear Cut divergences these past few weeks. A for the week the Dow Jones Industrial average of 30 Blue Chip stocks Slid 12.52 Points snapping a three week winning Streak. Among the Broad Market indexes the new York Stock Exchange composite Index edged up 0.75 to end the week at 228.21, and Standard amp poor a 500 Index Rose 1.24 to 412.70. Advancing issues edged decliners 1,0231,006 among the 2,343 issues traded last week. Weekly big Board volume totalled 1,067,695,021 shares up from 999,272,751 traded a week earlier and from 1,004,768,360 in the same week a year ago. Stocks closed mixed monday in the second slowest session of the year As the Dow crawled to another record High but the Broad Market failed to overcome Selling tied to weak Bond prices and profit taking. The Dow inched up 2.23 to 3,282.42, surpassing the All time High of 3.28q.64 reached feb. 20. Stocks closed sharply lower in heavy trading tuesday on Selling triggered by a dramatic decline in consumer Confidence knocking the Dow off its shaky record Peak. The Dow tumbled 24.59 to 3,257.83. Market update activity for the week of feb.24-28,1992 daily Dow closes 3300 3275 3250 3225 3200 3175 3,267.671 economic news. The Dow soared 25.49 to a record 3,283.32. Stocks closed mixed thursday As profit taking kept the Dow from extending wednesdays rally and reaching the elusive 3,300 Mark. The Dow fell Back 13.87 to 3,269.45. Stocks slipped in Choppy trading Friday after a late flurry of computer driven sell Rry d m t w the f highest close 3,283.32-wed. Week s High 3,305.01-wed. Lowest close 3,257.83-tues. Weeks Low 3,226.74-tues. Week s change Down 12.52 ap/s&5 stocks rallied in heavy trading wednesday on buying fuelled by surging Bond prices and better than expected programs wiped out earlier gains and lulled the Dow farther away from the 3,300 Barrier. The Dow lost 1.78 to 3,267.67. On the trading floor last week Glaxo holdings topped the big Board actives losing Lek to 28 on reports that the danish government had asked the european commission to examine the British company a drug pricing in Europe. Volume of nose listed issues including trades in stocks on regional exchanges and in the Over the counter Market totalled 1,290,666,261 shares compared with 1,216,152,451 traded in the previous session and 1,230,263,740 a year ago. On the american Stock Exchange the amex Market value Index closed Friday unchanged at 416.09, but Rose 3.24 Points for the week. Advances edged declines 429-419 among the 1,026 issues traded for the week. Amex volume totalled 79,449,735, com fired with 77,078,685 shares a week ear Ier and with 82,691,565 in the same week a year ago. Wang laboratories led the amex actives edging up 3a to 65/h. The National association of securities dealers composite Index eased 0.48 on Friday at 633.47. But it posted a gain of 3.72 Points for the week