European Stars and Stripes (Newspaper) - April 12, 1992, Darmstadt, Hesse                                Sunday april 12, 1992 the stars and stripes a Pago 17 Dollar watch shown below Are the highest Dollar Exchange rates for the week of april 6 april 11 compared with Dollar rates for the same period one year and five years  matters German Mark one Dollar would buy you 1.59 1 65 1-82 1� i. 1991 i 1987 i a military Exchange rate British Pound one Pound would Cost you 177 1.61 1992 1 1991 i 1987 i 33.64 one do is would buy you 34.75 3795 1992 i 1991 a a a a a a a a a Mumm Mumm 1987 1.83 one Dollar would buy you 1.90 2.07 1992 l 1987french franc i one Dollar would buy you 5.54 5.72 6.11 1992 1991 l j22jgreek drachma one Dollar would buy you 191.40 183.75134.30 1992 i 1991 l italian lira one Dollar would buy you docs 7n 1,309.10 1,234.35 1.255.70 jmj  j987j Spanish peseta one Dollar would buy you 128.20 103.65 104.40 Jug a j99ij 1987 one Dollar would buy you 6,303.80 1992 3,746.10 1991 785.25 1987 j surplus workers told to find new ism Job or take package new York a International business machines corp. On Friday began notifying thousands of employees they Are a a surplus and will have to find a Job elsewhere with the company or accept Severance pay. The notifications Are part of a plan ism announced in december to eliminate up to 20,000 jobs worldwide this year. But Don Young of Shearson Lehman Brothers said he thinks that ism could eliminate up to 4,000 additional jobs in the United states. The company also could take a $400 million accounting charge against earnings to reflect the costs associated with these reductions Young said. Ism is scheduled to release first Quarter earnings tuesday. It typically announces any Job reduction or other cutback plans along with earnings. The workers who received fridays notices work for the company a . Marketing and services division which has offices in every major City. They primarily involve such jobs As Market strategy plan a ism is going to be leaner and meaner than anybody  a Sam Albert computer Industry consultant Ning and product planning not direct sales jobs an Industry source said speaking on condition of anonymity. Ism spokesman Rob Wilson said the employee notifications Are part of the 20,000-Job cutback announced in december. He said he could not provide any other information such As How Many jobs were involved. A a ism is going to be leaner and meaner than anybody thought a said Sam Albert a computer Industry consultant and former ism executive. Ism had about 344,000 employees worldwide at the end of december after eliminating More than 29,000 jobs last year. Ism has never Laid off employees. But increasingly its Quot voluntary Job reductions Are becoming More persuasive. For example some ism employees have been told they must move across the country to another ism office to keep their jobs. Ism reported its first Ever loss last year a deficit of $2.8 billion that reflected its first drop in annual sales since 1946. The deficit was also caused by several one time charges against earnings including $3.4 billion to pay for Job reductions and other cutbacks. Ism based in Armonk ., has been contending with the worldwide recession As Well As a transition in its product lines that slowed customer orders. Analysts expect ism will report a profit of about 90 cents a share for the first Quarter. Several have upgraded their opinion of ism Stock in recent Days. Ism Stock Rose 87% cents a share Friday to $86 by the 4 . Close of trading on the new York Stock Exchange. Worried Market plunges then rises new York up a two big swings Shook Wall Street last week. The first precipitated by Wall streets growing pessimism about the economic recovery and concern Over the Tokyo markets Sharp decline dealt the Dow its biggest one Day loss since a mid november debacle. Then the Market managed to swing Back from a 94-Point drop Over two Days thanks to the Federal reserves Surprise easing of its interest rates and a dramatic rebound by the Tokyo Market. But the recovery failed to erase Wall streets lingering concerns about the Economy corporate earnings and the japanese markets health. A a there a still deep concern about Japan. I done to think anybody feels that we be seen the last of that situation Sharp decline a said Hugh Johnson head of the investment policy committee business at first Albany corp. In Albany  A a there a also the concern about the sustainability of the economic recovery. And earnings Are not coming out very impressively. A for the week the Dow Jones Industrial average managed to Post a 0.19 percent gain or 6.26 Points to 3,255.37. Among the Broad Market indexes the new York Stock Exchange composite Index Rose 1.41 to end the week at 223.27, and the Standard amp poor a 500 Index climbed 2.74 to 404.29. Declining issues outnumbered advances 1,042-975 among the 2,350 issues traded last week. Weekly big Board volume totalled 1,063,429,060 shares up from 885,989,763 traded a week earlier but Down from 876,444,221 in the same week a year ago. On the Nyser a trading floor last week at amp to again topped the big Board actives easing % to 41%. Tel Fonos de Mexico followed slipping % to 56%, apparently because of concern about its negotiations with the workers Union. It gained 1% to 56% on Friday after announcing it signed a new agreement with its principal Union thursday night. Rwjr Nabisco holdings was third casing % to 9%. Among some of the Blue chips ism jumped 4% to 86 after a rating upgrade from several brokerage firms. General motors gained 2% to 38% As Wall Street welcomed its major management shake up. Philip Morris Slid % to 77%. General electric Rose 1% to 76, and Texaco eased % to 58%. The National association of securities dealers composite Index fell 2.51 to end the week at 584.24, its lowest level in three months. For the week it lost 5.77 Points a 0.98 percent drop. A s pm recalls 69,000 cars to Correct safety related troubles in vehicles from wire reports Detroit a general motors corp. Announced two recalls Friday involving about 69,000 cars to Correct safety related conditions. The first recall involves about 30,000 1992 Pontiac sunbird models equipped with the Standard 2.0-liter 4-Cylinder engine. The accelerator control Cable on some of these vehicles May have been inadvertently kinked during Assembly. This could result in a sticking accelerator Cable possible breakage of the Cable or loss of throttle control pm said. The other recall involves about 39,000 1991 Oldsmobile Calais Buick Skylark and Pontiac grand am models equipped with optional Power windows. In these vehicles moisture May enter the express Down electronic control module inside the Driver Side door panel causing involuntary window operation. Under certain circumstances the module eventually could overheat and fail pm said. Hyundai boosts rebates on some models Fountain Valley Calif. A Hyundai motor America on Friday increased second Quarter rebates on 1991 cars and on some 1992 models through june 2. Rebates were increased to $1,200 on 1991 excels with $2,000 offered on last years sonatas and $1,000 on Scopes. On 1992 models the automaker has $600 rebates on three door base Model excels and $500 on other excels $1,500 on 1992 sonatas $750 on Scopes and $1,000 on  York Exchange new York up York Slock each Angl Stock digital equip it Rylda corp Rwjr Nabisco hid us Kadunc Tamoos do my Haw Tatt Packard Glaxo holdings a corp papa co inc fit company Archar Oan Lali Upjohn co adv Micro Dovci Ganral motor Hanson pc tha 15 Moat act Tva Istocka in now Composky trading an Friday Salai lot Nat coca. 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