European Stars and Stripes (Newspaper) - March 28, 1992, Darmstadt, Hesse Money matters today s tip Apple computer inc. And Sharp corp. Of Japan have entered into a partnership to develop next generation personal information devices. Under the agreement disclosed thursday the companies plan to merge apples computer software and hardware expertise with Sharps experience in making Small electronic devices that display information on liquid Crystal screens. John Sculley apples chairman and chief executive outlined in january a vision for creating a personal digital these pocket sized electronic devices would Combine the functions of today a personal computers with those of tiny consumer electronics devices such As pocket organizers. Conversion rates London up fridays 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 $342.00 an ounce Silver at $4.12. March 26 March 27 British Pound.1.7223 1.7360 German mark.1.6570 1 6460 French franc.5.6105 5.6285 dutch guilder.1.8715 1.8684 belgian franc.34.02 33.95 Kalian lira.1,247.80 1,250.60 Swiss franc.1.5060 1.4982 greek drachma.192.18 192 76 turkish lira.6,204.60 6,226180 saudi arabian riyal.3.7502 3 7502 Spanish peseta.104.55 104.84 portuguese escudo.142.55 142 96 Canadian dollar.1.1883 1.1906 austrian schilling.11.6475 11,6275 norwegian krone.6.500 6 512 danish krone.6.4215 6.4385 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 1.62 Marks to a Dollar and $1.77 for a Pound through monday based on fridays noontime Price fixings. New York Exchange new York up York Stock Exchange Slock Amer express co Bank of Boston York inti corp Glaxo holdings Glen fed holding Archer Daniels Bally mfg corp waste mgt inc Commodore inti Tel Fonos de my Pepsico inc at amp to company ism corp get corp ban America american Exchange a the 15 most Active stocks in new composite trading on thursday. Smi last net chg. 5,240,000 24 up % Oft % 3,290,800 18 2,977,100 32% up 2,145,200 27 i off 1% 2,018,100 3% off 1% 2,017.800 26% off 1% 1,971,100 7 up % 1,933,700 39% up 1,847,100 15% up 1% 1,683,400 59% off % 1,639,400 33% up % Oft % 1,601,000 40% 1,590,100 84% off 1 1,443,700 30% off % 1,391,400 45 up % new York up american Stock Stock Chambers Dev a Graham fid hath Wang labs inc b Hill Haven corp Plains resource Greenman Bros greyhound lines Hasbro inc Cheyenne softer fruit of loom a the 10 most Active stocks in Ange composite trading thursday. Salon 1.085,300 795,400 761,200 578.100 412,800 296.900 279.100 273,600 265,500 259.900 last 9% 7% 5 i 2% 15% 6% 11% 24 i 12 i 36% net chg. Off i off 1 off i up i off i up i up i off up i off i Dow Jones thursday �0w Jonm close no ran8# vef Fles 30 industrials 20 transport 15 utilities 65 stocks a Lek 3288.91 1405.83 205.31 1178.06 Lew 3245.08 1383.03 202 99 1161 66 close 3267.67 1392 00 203 93 116924 change up 8.28 up 1.12 up 0.56 up 2 40 Rockwell a a m y Quot a v a a a a a a a a a for violations at weapons Plant Denver apr Rockwell International corp. Pleaded guilty thursday to 10 criminal counts of hazardous waste and water violations while it ran the Rocky Flats nuclear weapons Plant and agreed to pay an $18.5 million Fine. However Rockwell and government officials said the violations had not resulted in a substantial physiological harm to people living near the Plant outside Denver. A we believe this is a fair equitable and just sentence for the people of the United states a . Attorney Michael j. Norton said. The 10 counts include five felonies a four violations of the resource conservation and recovery act and one violation of the clean water act. The five misdemeanours were for violations of the clean water act. The counts alleged Rockwell illegally stored and disposed of hazardous wastes at the Plant at various times Between 1987 and 1989. Fri agents took infrared photographs during three night flights Over the Plant. They said they found indications that hazardous wastes were being burned in the incinerator of a plutonium reprocessing Plant that Energy department inspectors had closed for safety reasons according to a 1989 affidavit. The infrared surveillance also found evidence that hazardous wastes had been placed in an evaporation Pond that Epa officials said be used for that purpose according to the affidavit. With its plea Rockwell admitted that it stored hazardous wastes without a permit that it stored the wastes in containers that leaked and that its actions allowed hazardous wastes to reach reservoirs that supplied drinking water. John Mcnett assistant general counsel for Rockwell International corp., leaves the Federal courthouse in Denver after the company pleaded guilty thursday to 10 criminal counts of hazardous waste and water violations at a nuclear weapons Plant. A the corporation came to the decision that it is in our Best interest to put the matter behind us and enter the pleas a said John Mcnett assistant general counsel for Rockwell. Rockwell said the company operated the Plant responsibly. . District judge Sherman Finesilver said he would not finalize the plea bargain until he could review sentencing reports to be submitted by both sides. He set a hearing for june 1 to announce his decision. Rockwell based in Seal Beach calif., incomes spending Post february gains Washington apr personal incomes jumped 1.1 percent in february and spending Rose 1.0 percent the government said Friday in a report suggesting Consumers were Able to shoulder More of the economic recovery. The Commerce department said incomes totalled a seasonally adjusted annual rate of $4.97 trillion up from $4.92 trillion in january. It was the largest increase since a 1.3 percent Advance in january 1989. The report also showed that january a revised 0.2 percent drop in incomes was a bit steeper than the original 0.1 percent estimate. At the same time the report showed consumer spending in february totalled $4.03 trillion at a seasonally adjusted annual rate up from $3.99 trillion a month earlier. Personal expenditures in january were revised upward from 0.2 percent to 0.9 percent. The increases in consumer spending in the first two months of 1992 contrasted with another Commerce department report on thursday that showed personal consumption was Flat in the fourth Quarter of 1991. Consumer spending represents two thirds of the nations economic activity and thus is vital to any revival. A in the first Quarter the consumer will be the main engine driving the Economy said David Wyss of Dri Mcgraw Hill a Lexington mass., forecasting service. A this was largely a consumer recession a he said in Advance of the report. A it will have to be a consumer led recovery and that is what we have been seeing since the Commerce department attributed the income growth to increased payrolls farms subsidies and a speedup of life insurance dividends to veterans. Disposable incomes or incomes after taxes Rose 1.0 percent after slipping 0.1 percent a month earlier. The difference Between spending and incomes contributed to a 4.7 percent savings rate in february up from 4.6 percent a month earlier but Down from 5.6 percent in december. A key element of the income category a wages and salaries a jumped $36.1 billion in february and wiped out a $16.9 billion loss the previous month. The income and spending figures were not adjusted for inflation. When adjusted disposable incomes Rose 0.7 percent after falling 0.2 percent in january. Is a major Federal contractor with electronics aerospace automotive and graphics businesses. It built the space shuttle and the by bomber. Rockwell operated the government owned Plant from june 30,1975, to dec. 31, 1989, when it was replaced by leg amp a inc. The Plant 15 Miles Northwest of Denver manufactured plutonium triggers for nuclear weapons but plutonium processing there has been shut Down since 1989. Rockwell a pleas Cap a 33-month criminal investigation that began with a predawn raid at the Plant june 6, 1989. Business . Automakers boosting their production of vehicles from wire reports Detroit a automakers were scheduled to produce 256,417 cars and Light trucks in the United states and Canada this week up from last weeks 246,152, wards automotive reports said thursday. This weeks production is higher than the same week a year ago in which 189,858 cars and Light trucks were produced the Trade journal said. New film underdevelopment Rochester . A a new film system in the works at Eastman Kodak co. Could persuade Consumers to Start taking More pictures photographic Industry observers say. Kodak said it will work with four japanese companies a Canon inc., Fuji photo film co. Ltd., Minolta camera co. Ltd. And Nikon corp. A to develop Quot advanced Silver halide photographic systems that could provide enhanced benefits and flexibility of observers said that possible features of the new film include magnetic strips to give photo finishers information about conditions when the pictures were taken and who took them easier loading and unloading and a thinner base that would mean Kodak could produce smaller film cartridges to fit into pocket sized cameras. Higher phone mail rates seen Washington a interstate Long distance Telephone rates have started rising for the first time since the breakup of at amp to according to an annual Survey. Even so the Public a preference for phoning instead of letter writing Means less business for the postal service which May also have to raise rates. Consumer action a san Francisco based group found that All three major Long distance carriers at amp to Sci and sprint a increased rates for interstate Calls in the past year
