European Stars and Stripes (Newspaper) - June 6, 1992, Darmstadt, Hesse                                Saturday june 6, 1992 the stars and stripes b Page 17money matters China soon will have a City that never sleeps. The first 24-hour 7-eleven convenience store is scheduled to open later this summer in the Southern City of Zhenzhen news reports in Hong Kong said. The reports said Dairy farm International holdings Ltd., a Hong Kong based supermarket Chain that operates 280 7-elevens in the British Colony had signed an agreement with two companies to open is outlets within a year. According to a press release the joint venture company a Zhenzhen convenience stores Ltd. A will receive an initial infusion of $3.87 million from Dairy farm the Zhenzhen Lohu economic development Coro and the Hong Kong based Max bail investment co. Conversion rates following Are fixed rates at which Community banking facilities will sell foreign currencies to . Personnel for Persona use through monday tuesday for the Mark German mark.1.55 British pound.1.88 dutch guilder.1.75 greek drachma .187.1288 note the rates above apply within the Host country. Figures Are expressed in dollars to the British Pound other currencies to the Dollar following Are Interbank rates that fluctuate and should be regarded As the approximate value of the . Dollar to foreign currencies italian lira .1,205.00 turkish lira. 6,850.40 Spanish peseta.100.14 austrian schilling.11.228 saudi rial.3.7495 Bahrain dinar.0.37675 Kuwait dinar.0.29050 norwegian krone.6.2680 danish krone.6.1720 British pound.1.8311 German mark.1.5900 Salaa franc.1.4515 French franc.5.3710 dutch guilder.1.7970 belgian franc.32.73 Gold quote $339.00 an ounce Silver quote $4.07 an ounce new York Exchange new York up York Stock Exchange Stock general motors Chrysler corp Bristol Myersq Maxis Energy Ford motor co syntax corp Walt Disney co us us steel or coca cola co Glaxo holdings Rwjr Nabisco pop Amer express co Dana corp Merck amp co inc Citicorp a to 15 most Active stocks in new i composite trading on thursday. Sates 5,001,700 last 43% net chg. Up 1% 4.846,100 20% up % of 4,256,900 65% 3,413,700 6% up a 3,400,200 48% up 1% 3,265,800 35v 0�1 2,771,700 37% 0�1% 2,520,600 26 % up 2,517,200 42% off 1 % 2,290,300 26% 0�% t.954.800 10% 0 1% 1,898,700 24 off % 1,881,100 43 off % 1,776,400 49% up % off % 1,740,600 19% american Exchange new York up american Stock to Xci Stock pall corp a the 10 most Active stocks in magma Copper co expo rate co la inti Corona Hill Haven corp advanced med Echo Bay mines Bolar pharm co tsp common corp fruit of loom Lange composite trading thursday. Sales last net Chol. 786,800 23% up % 445,500 13% up % 435,200 1 5-16 unch 407,500 4% unch 345.400 2% up % 298,100 9 up % 278,300 5% unch 266,700 12% off 1% 251,400 2 of 237,600 36 up % Dow Jones new York up Dow Jinoo doting Rongo of Avo Ragn thursday Utah los 30 Indus Tais 342715 3376.40 20 transport 1390.13 1365 47 15 unmet 212.57 210.50 65 stocks 1207.78 1189.51 close 3399.73 137706 21125 1197.74 Cimms 0726 in 3.93 a 0.76 off 0 96 Japan s electronics companies agree to buy american chips by the los Angeles times Tokyo a in what appeared to be a last ditch Effort to Avert a looming Trade crisis with the United states Japan a electronics Industry agreed thursday to a emergency measures to boost purchases of foreign semiconductors including providing . Vendors with advanced information on Japan schip requirements. Under the agreement the electronic Industry association of Japan promised that its 10 largest members who together account for half of Japan a $20 billion a year in Chip purchases will take the unusual step of providing six months in Advance lists specifying the types and volume of chips they will Purchase. Such information the association said after Trade talks with a delegation of the . Semiconductor Industry association would enable . Vendors to More aggressively Market their products and the japanese in turn promised to aggressively buy american whenever possible. The japanese association also pledged to seek commitments from each of its 62 member companies to observe the semiconductor Trade pact promote purchases of High value custom designed foreign chips and increase foreign orders at a rate greater than the Overall expansion of demand when Japan a Economy recovers. . Industry executives hammered out the Deal with their japanese counterparts in an Effort to Salvage a 1991 Chip agreement that Calls for Japan to make its. Market More accessible to outside vendors and to boost foreign Market share to at least 20 percent. In 1991, foreign vendors held 14.4 percent of Japan s Market a virtually the same share As in 1989. Japanese negotiators thursday continued to reject the notion that they were obliged to Grant american Chip makers a 20 percent share. However they appeared to have retreated from the More defiant position expressed last week when japanese executives insisted they were doing All they could to open their Market and would have nothing new to offer the visiting american delegation. Shinichi Itoh executive vice president at Nec corp., and chairman of the users committee of foreign semiconductors said that the new Accord would accelerate Progress toward the 20 percent goal. A we have High Confidence that these extraordinary measures will result in significant increases in the foreign Market  Industry observers however Are highly sceptical of How quickly japanese companies can boost foreign purchases in the midst of a recession. The Large electronics companies Are themselves Chip makers and have expensive semiconductor manufacturing equipment lying Idle. The companies have suffered a string of poor earnings reports and would have to Swallow further huge losses in order to redirect orders from their own Chip divisions to foreign suppliers. American Chip makers say that they have remained firm on increasing Market share in Japan because they cannot be competitive in the world Market unless they can have equal Access in Japan the worlds largest semiconductor Market. They argue that they lose a $1 billion a year in sales in Japan because of exclusive japanese business practices that limit . Market share to one third of what it is in world markets outside Japan. The new agreement May reflect Japan a concerns about a decision last week announced by . Trade representative Carla Hills. Hills said that her office would review whether Japan was abiding by the 1991 Chip agreement a move that suggests the United states has possible sanctions in mind. And Many Here believe president Bush is More Likely to succumb to Industry pressure for sanctions now that he faces a serious Challenge from Texas billionaire Ross Perot who has expressed Strong protectionist sentiments. Indiana Home Sellers seek heavenly help Munster ind. Up homeowners plagued by a sluggish real estate Market Are turning to St. Joseph for help in unloading their property. One real estate agent estimated that 30 percent of Home Sellers in the Munster area Are burying Small figurines of the Saint a Patron of workers in their Yards and getting Good results. When Bea Eagan was trying to sell her Home she went three months without a nibble. Then her Mother in Law told her about St. Joseph. Eagan buried a figurine in her Yard and within a week the House had sold. �?o1 done to know if it was a Freak Accident or what a said Eagan a protestant. A if you believe in something you make your own  Elizabeth Johnson a spokesman for the Gary Catholic diocese said the practice is not a part of catholicism but is based on the Catholic belief in the intercession of the saints. A a it a not a Catholic rabbits foot. Its not officially condoned by the Church because it could be so easily abused a John son said. A St. Joseph is not a Century 21  Dan Ragonese who owns All saints religious goods in nearby Calumet City iii., Nas sold More than 1,200 St. Joseph statues in the past five years. The statues which Start at $1.25 for a Small plastic Model come with instructions on burying the figurine and with a prayer to be recited. Usually it takes about a Mouth for the figurine to work Ragonese said but he a heard of action in As Little As three hours. Mexicans to get a taste of tacos a american style Mexico City up the . Fast food Chain Taco Bell has arrived in the Taco capital of the world and will go toc to toe with thousands of restaurants and Street vendors serving the Tortilla Clad mexican Delight. The first outlet a a cart within a Kentucky Fried Chicken restaurant a opened in a Middle class Mexico City neighbourhood thursday marking the introduction of the Gringo translation of Mexico a favorite dish. Taco Bell a subsidiary of Pepsico inc., said in a statement that it would open two similar eateries a within pfc locations a in the capital of 20 million before the end of september. Another outlet will be opened in the Border town of Tijuana. The first four stores will be company owned but there Are plans for franchises the statement said. The new locations will initially feature three varieties of soft Shell tacos and burritos. Nachos and soft drinks will also be sold with prices ranging from 2,300 to 3,600 pesos about 74 cents to $1.17. Taco Bell currently operates More than 3,600 restaurants in the United states and 61 internationally. It owns about 60 percent of the outlets. The International division has restaurants in Canada Guam the United kingdom Japan Costa Rica Guatemala the Bahamas puerto Rico Korea saudi Arabia Qatar Aruba and the american Virgin islands. Bob Jenkins director of International Field services for Taco Bell said Taco Bell is planning for significant expansions of its operations in Canada and the United kingdom. Business finns to sign $3 billion Deal to Purchase 64 Fa-18 hornets from wire reports St. Louis a Mcdonnell Douglas corp. Said thursday that Finland will formalize a previously announced $3 billion agreement to Purchase 64 Fa-18 fighters. The finnish government said minister of defense Elisabeth Rehn will sign the agreement by june 15. The Deal comprises 57 single seat Fa-18c models and seven two seat d models along with maintenance support training and weapons. Finland announced May 6 that the Fa-18 had won its do fighter Competition to choose the country a Premier fighter for air defense. Profit at euro Disney doubted Paris a euro Disney sea Parent of the recently opened $3 billion theme Park warned thursday that it May not be profitable during its fiscal year ending sept. 30 because of a operating  euro Disney which is 49 percent owned by . Entertainment giant Walt Disney co. And 51 percent by Public shareholders also reported its consolidated earnings declined 38.2 percent to 74.6 million French francs about $13.8 million for the six months ended March 31. The theme Park opened april 12. The announcements helped Knock Down Disney Stock by $1,875 to $37.25 a share on the new York Stock Exchange