European Stars and Stripes (Newspaper) - March 27, 1992, Darmstadt, Hesse                                Friday March 27, 1992 the stars and stripes b Page 17 american Honda in Detroit is recalling. About 900,000 1982-85 accords because of a possible fuel leak. Honda said that if the protective coating on the cars fuel filters or breather pipes is damaged Salt water could accumulate and cause pipes to rust. That could Lead to a leak when the gasoline tank is filled. All 900,000 owners of accords in the affected years Are being notified. But company officials said an estimated 400,000 of them a those driven in areas where Road Salt has been used extensively a Are potentially affected. Recall work will be done for free at Honda  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 $340.75 an ounce Silver at $4.11. March 25 March 26 British Pound.1.73175 1.7223 German mark.1.6540 1.6570 French franc.5.6200 5.6105 dutch Guilder. 1.8665 1.8715 belgian franc.34.03 34.02 italian lira.1,247.60 1,247.80 Swiss franc.1.5035 1.5060 greek drachma.192.00 192.18 turkish lira.6,191.30 6,204.60 saudi arabian rtyal.3.7502 3.7502 Spanish peseta.104.71 104.55 portuguese escudo.142.73 142.55 Canadian dollar.1.1890 1.1883 austrian schilling.11.6610 11.6475 norwegian krone.6.511 6.500 danish krone.6.4340 6.4215 these Are commercial rates and can be related Only to the use of foreign currency by . Forces for official business. The Only official rates concerns the Sale of German Marks and British pounds to . Personnel for personal use and these will be 1.61 Marks to a Dollar and $1.77 for a Pound through Friday based on thursdays noontime Price fixings. New York Exchange new York up York Slock Exchange Stock Toltec Indus Glaxo holdings at amp to the 15 most Active stocks in new composite trading on wednesday. Amer express co waste mgt inc Bally mfg Corn Tel Fonos de my Ford motor co Rwjr Nabisco hid adv Micro docs Citicorp Natl med enter ism corp get Cora Boeing co Salai last Nat chg. Uncan 8,820,900 18 3,054,500 28 i up i 2,980,000 40 Viup 1 i 2,962,900 23 v5 up i off 2 vib 2,703,200 38 it 2,093,500 6% up a 2,031,000 59 i up 1 i 1,989,200 39 unch 1,952,700 9y< up i 1,450,300 19 �?T/4 up 1 1,404,700 17 up i 1,342,400 14 unch 1,315,300 85 i off i 1,246,300 31 Ltd up i 1,237,800 43 i up i american Exchange new York up the ten most Active stocks in american Stock Exchange composite trading wednesday. Stock Salt last Nat chg. Inti Corona 1,100,600 4 i up i Chambers Dev a 847,600 9 i off i pref hath care 555,500 11 i off yet foundation hath 503,200 32 i up i Amdahl Cora Wang labs inc b 499,900 16 i off i 360,600 5 i off % Forest labs inc 346,800 34 i unch Hasbro inc 302,500 24 i off i metro Mobile b 286,800 21 i off i Alza corp 284,900 45 i up 1 i Dow Jones new York up Dow Jones closing Range of averages wednesday 30 industrials 20 transport 15 utilities 65 stocks High 3290.47 1408 26 205 75 1179 30 Low 3233.15 1383.59 203.18 1160.51 Dost 3259.39 1390.88 203.37 1166.84 change aff1.57 off 6.17 off 2.06 off 3 37investors�?T guide new withholding policy poses taxing issues for wage earners by Vince Crawley staff writer taxpayers can expect smaller Federal income tax refunds a or no refunds at All a next year because the internal Revenue service is reducing the amount it withholds from monthly paychecks military officials cautioned. Also those who owed Money this year could end up owing More next year tax officials said. The permanent change which took effect March 1, is linked to a Bush administration plan to immediately boost take Home pay by cutting next years tax refunds. However the irs Hasni to changed its tax tables so a some individuals who got Small refunds this year might end up owing Money next year said sgt. 1st class Ronald Flynn a pay sergeant with the army a european Headquarters in Heidelberg Germany. Taxpayers can file a revised w-4 form to require the government to withhold More from their paychecks. Army pay officials suggested this option for those who done to want to end up owing the government when they file next years return. Flynn said he Hasni to seen a Complete list of the new withholding rates. But using his own paycheck As an example he said the government withheld $255.78 in Federal taxes last month. This month the irs is keeping Only $241.38, a difference of $14.40. Flynn is in the pay Grade of e-7 with More than 18 years of service and claims no dependents. Ten months of Flynn a pay will be affected in 1992, according to the irs. So his next refund would be $144 less than this years providing there were no other changes in his pay. The new withholding policy will Benefit Low and Middle in come workers by increasing their take Home pay an irs Media release said. Single wage earners making $53,200 or More per year or couples earning More than $90,200 per year Arentt affected by the withholding revision. The new withholding tables Are an attempt to compensate for the fact that millions of americans have too much Money withheld the irs said. This provides the government with the equivalent of interest free Loans each year. The irs said 89 million taxpayers fall into the Low and Middle income category. Irs offices in Europe offer help by the stars and stripes . Taxpayers in Europe can receive help in filling out their tax returns from internal Revenue service officials at some . Embassies and consulates in England France Germany and Italy. Dianne Murphy assigned to the tax assistance office in the . Embassy in Bonn Germany said her office receives about 50 Calls a Day from taxpayers with questions. Americans living overseas have until june 15 to file their Federal tax return. The Bonn office is open weekdays from 9 . To 4 . During the Federal tax filing season irs employees travel to about 80 foreign countries to help americans file their taxes. Representatives can offer Only Telephone numbers and addresses for people needing help filing their state taxes Murphy said. For More tax information Contact any of the following site . Embassy . Consulate . Embassy . Embassy irs address 24/31 Grosvenor Square London England w1a-1e 2, Rue St. Florentin 75001 Paris France 1 Deichmann Aue 29 5300 Bonn 2, Germany via Veneto 121 2nd floor Rome Italy 00187 Telephone number 44-71-408-8076/8077 33-1-4296-1202 49-0228-339-2119 39-6-4674-2560 workdays and times monday through Friday 9 . To 4 30 . Monday through Friday 9 . Until noon and 1 30 to 5 . Monday through Friday 9 . To 4 . Monday through Friday 9 . To noon and 2-4 . Ask the switchboard for the irs office or ext. 2212. 3 reports show Economy lagging Washington apr the . Economy edged up at an annual rate of just 0.4 percent in the final three months of last year a Pace that was even weaker than previously believed the government said thursday. The Commerce department report on the Gross Domestic product a the total amount of goods and services produced inside the country a showed that the Economy slowed to a near standstill at the end of last year following two quarters of very weak growth. Thursdays Gap report marked a Sharp downward revision from a month ago when the government had estimated the Economy was growing at an annual rate of 0.8 percent in the fourth Quarter. A weaker showing in International Trade and a slower buildup of unsold business goods were the major contributors to the downward revision. Another report thursday showed that the weak Economy was hurting the Bottom line at american corporations. The Commerce department said that after tax profits fell by 4.5 percent in 199l to $188.1 billion the poorest showing for . Companies since 1987. A third report a from the labor department a said 15,000 americans made their first trips to unemployment offices during the week ending March 14, raising new claims for jobless benefits to 447,000. The report said the number of workers filing initial claims for unemployment insurance was up from a seasonally adjusted 432,000 the previous week. The economic weakness did have a beneficial Side effect of lowering inflation. A Price Index tied to the Gap showed that prices paid by . Residents Rose at an annual rate of 2.2 percent in the fourth Quarter the Best showing on inflation since Early 1986. The 0.4 percent increase in Gap in the fourth Quarter followed lacklustre advances of 1.8 percent in the third Quarter and 1.4 percent in the second Quarter. Business Prudential capital base up from wire reports new York a Prudential insurance co. Of America the nations largest insurer reported sharply improved 1991 results despite eroding consumer Confidence in the insurance Industry Overall. The company said wednesday that its capital base an important measure of an insurers financial health Rose 21 percent or $1.7 billion to $9.7 billion. It was the largest jump in the company a history. Buffett to leave Salomon new York a billionaire investor Warren e. Buffett who reshaped Salomon inc. After its devastating Bond trading scandal plans to leave the firm when regulators Complete investigations. In a letter wednesday to Salomon shareholders Buffett ended speculation that he would remain As chairman and chief executive of the Wall Street firm that admitted widespread wrongdoing in its government Bond operations last year. Irs reports returns surge Washington a More than half the nations taxpayers have filed their Federal tax returns and refunds Are running Well ahead of last year the internal Revenue service said wednesday. Through Friday 57.3 million returns had been received by the 10 regional irs service centers. That is up 2.8 percent from the 55.7 million received during the same period last year. The irs has processed More than 47.5 million returns and 36.3 million of them have been certified for refunds. Refunds Are averaging $980, up from $895 at this time a year ago