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Publication: European Stars and Stripes Friday, March 27, 1992

You are currently viewing page 38 of: European Stars and Stripes Friday, March 27, 1992

     European Stars and Stripes (Newspaper) - March 27, 1992, Darmstadt, Hesse                                Friday March 27, 1992 the stars and stripes Page 17 investors guide 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 Dene 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 $4.09. March 25 March 26 British Pound.1.73175 1.7285 German mark.1.6540 1.6545 French franc.5.6200 5.6128 dutch guilder.1.8665 1.8635 belgian franc.34.03 34.06 italian lira.1,247.60 1,247.50 Swiss franc.1.5035 1.5050 greek drachma.192.00 192.18 turkish lira.6,191.30 6,204.60 saudi arabian riyal.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 British pounds and German Marks to . Personnel for personal use. Through Friday these will be $1.77 for a Pound and 1.61 Marks to a Dollar based on Price fixings thursday afternoon at military banking facilities. New York Exchange new York up York Stock Exchange Stock Toltec Indus Glaxo holdings at amp to company Amer express co waste mgt inc Bally mfg coi Tel Fonos de Ford motor co Rwjr Nabisco hid adv Micro docs Citicorp Natl med enter ism corp get Corn Boeing co a the 15 most Active stocks in new composite trading on wednesday. Orp e my sales 8.820.900 3.054.500 2.980.000 2.962.900 2.703.200 2.093.500 2.031.000 1.989.200 1.952.700 1.450.300 1.404.700 1,342,400 1.315.300 1.246.300 1,237,800 last 18 28 % 40 or 23 i 38 v4 6% 59 h 39 9y4 19 w 17 14 85 i 31 i 43 i net Cha. Uncan up a up 1 Vic up i off 2 Vuk up a up 1 % unch up a up 1 up a unch off a up v4 up a american Exchange new York up a ican Stock Exchange Stock inti Corona Chambers Dev a pref hath care foundation hath Amdahl corp Wang labs inc b Forest labs inc Hasbro inc metro Mobile b Alra corp the ten most Active stocks in Amer composite trading wednesday. Salta last Nat chg. 1,100,600 4 i up i 847,600 9 it on a 555,500 11 it off % 503,200 32 i up a 499,900 16 it of five 360,600 5tt off i 346,800 34 a i unch 302,500 24 i off a 286,800 21 v4 off a 284.900 45 a up 1 a Dow Jones wednesday upl1 a a a Jones a Oslo Al a no of averages 30 industrials 20 transport 15 utilities 65 stocks Nhoh Law Dom Naif Taftt 3290.47 3238.15 3259.39 0tlts7 1408 26 1383.59 1390.88 off 6.17 20575 203.18 203.37 off 2.06 1179 30 1160.51 1166.84 off 3.37 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 incline 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 . 1 ask the switchboard for the irs office or ext. 2212. I Rockwell to admit violations at nuclear weapons Plant Washington apr Rockwell International corp. Has agreed to plead guilty to 10 criminal environmental violations stemming from its operation of the Rocky Flats nuclear weapons Plant in Colorado Bush administration sources say. The company has agreed to pay a Fine of nearly $20 million a which would be the second largest for environmental crimes Ever paid by a corporation a As part of a Deal with the Justice department said the sources who spoke on condition of anonymity. Attorneys for Rockwell International were expected to enter the guilty plea thursday in . District court in Denver to the 10 hazardous waste and environmental violations the sources said. Will Blanning a Rockwell spokesman in Seal Beach calif., declined to comment citing a company policy not to discuss pending Legal  the settlement culminates a lengthy investigation dubbed a operation desert glow in which Fri agents secretly monitored the discharge of pollutants into streams and the burning of hazardous wastes at Rocky Flats. The facility 16 Miles from Denver makes plutonium triggers for nuclear warheads. Rockwell operated the government owned Plant for the Energy department. Federal agents charged in an affidavit unsealed after a june 6, 1989, raid that Rockwell and Doe officials were aware of environmental violations and sought to conceal them. No individuals at Rockwell or Doe have been charged. Fri agents who took infrared photographs during three night flights Over the Plant said they found indications that hazardous wastes were being burned in the incinerator of a plutonium reprocessing facility that Doe inspectors had closed for safety reasons according to the 1989 affidavit. The infrared surveillance also found evidence that hazardous wastes had been placed in an evaporation Pond that environmental Protection Agency officials said  be used for that purpose the affidavit said. 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 la 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  
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