European Stars and Stripes (Newspaper) - June 14, 1992, Darmstadt, Hesse                                Sunday june 14, 1992 the stars and stripes a Page 17 Dollar watch shown below Are the highest Dollar Exchange rates Lor the wee of june 8-12 compared with Dollar rates for the same period one year and five years  matters 1.56 1992 German mails one Dollar would buy you 1.79 180 1991 1997 military Exchange rate one Pound would Cost you 1.88 1992 1.63 1.62 32.73 belgian franc one Dollar would buy you 37.10 37.72 1992 1991 1987 dutch Guider it a a one Dollar would buy you 2.02 2.04 1.75 1992 1991 i 1987 5.36 French Fra one Dollar would buy you 6.11 6.06 1992 i 1991 1987 italian lira one Dollar would buy you 1,205 1>341 1,313 Assli Sij 1987 i Spanish peseta one Dollar would buy you 126.50 100.18 11143 Jwj Jujj 1m7 turkish lira one Dollar would buy you 6,850 a Quot 4,236 1992 828.80 1987 courts latest Battleground for . Airlines fare wars greek cinch ii one Dollar would buy you 187.79 19590 j i 136.40 Ujj Elj 1987 j new York a the chaotic airline Industry ran into More turbulence Friday As Northwest Orient and America West joined a Legal Battle against american. Also United made a Bill for Twa assets in Chicago and los Angeles. Northwest filed a Federal lawsuit in Galveston Texas accusing american of monopolistic practices through pricing that included a simplified fare system begun in april and a half Price Sale on summer fares. The actions followed a similar lawsuit brought against american by Continental on monday. Airlines Are now battling in courts in Phoenix Chicago Galveston and Wilmington Del. Meanwhile America West asked a bankruptcy court in Phoenix to dismiss it As a defendant in a lawsuit filed by american earlier in the week in Chicago. And United airlines said Friday it wants to buy trans world airlines Takeoff and Landing slots at Chicago so Hare International Airport the nations busiest As Well As a maintenance hangar at los Angeles International Airport. Twa is operating under chapter 11 bankruptcy Protection rules. Northwest s lawsuit accuses american of trying to run Continental. America West and Twa out of business. Northwest says it would survive but does t want to incur All the losses brought on he americans fare actions which it  could Cost the Industry about s i billion Over the next several years. No one was immediately available to comment at american late Friday a Secretary in the airlines Public relations office said. The round of action Friday followed a move earlier in the week by Delta air lines to reduce its trans Atlantic fares As much As 45 percent. Air France said Friday that Delta a european fare Sale is proof that the United states and France need to negotiate a new commercial aviation treaty. American United Continental us air Northwest and Lufthansa German airlines also matched the Sale on first class business class and full coach tickets for travel through sept. 30 to trans Atlantic destinations. Trips Between the United states and Spain during the summer olympics Are not included. Under the fares first class travel from Dallas to Frankfurt Falls from $5,664 round trip to $4,200 business class Tares fall from $3,472 to $2,400 and full coach tickets fall from $2.to to 100. Amican the nation s  airline recently staged a half Price ticket Sale for Domestic travel in response to a promotion by Northwest allowing an adult and child to Fly for the i ice of one ticket. Americans response Cost Northwest an estimated $40 million Northwest spokesman Mark Abels said. The Sale for discount tickets purchased in Advance Cut the Price of fares in half for travel in the lower 48 states. It was quickly matched by other airlines. On tuesday american filed its own lawsuit in Chicago claiming Continental America West and Northwest have been hindering its business by threatening to sue Over americans pricing policies. American wants a finding that its pricing is Legal. That lawsuit came under fire Friday from America West which asked . Bankruptcy court in Phoenix where it is operating in chapter 11, to throw out americans lawsuit. Market slowed by fear of inflation a amps new York up1 Wall Street shivered last week when inflation reared its head. The Stock Market tumbled for two straight Days As investors worried that inflation was on the Rise thus hampering a fledgling economic recovery and eliminating chances of another easing by the Federal Reserve. The Market suffered a 60-Potnt loss in the two Day pullback and dragged the Dow below 3400. A a lot of investors Are now troubled that we could see higher inflation a said Hugh Johnson head of the investment policy committee at first Albany cos. In Albany . A one thing that could kill off an economic recovery is a Rise in inflation and a move by the fed toward restraint a Johnson  the week the Dow Jones Industrial average plunged 1.30 percent or 44.33 Points to end a three week winning Streak. Among the Broad Market indexes the new York Stock Exchange composite Index fell 2.37 to end the week at 225.51, and the Standard amp poor a 500 Index dropped 3.72 to 409.76. Declining issues outnumbered advances 1,332-754 among the 2,400 issues traded this week. Weekly big Board volume totalled 948,060,610 shares Down from 1,013,162,780 traded a week earlier but up from 769,677,400 in the same week a year ago. Stocks closed mixed in sluggish trading monday As investors stepped to the sidelines waiting for any economic news that could give the Market some direction. The Dow edged up 5.45 to 3404.14. Although some late computer guided program buying helped the Dow finish in positive territory analysts said it was not enough to counter the weakness in the drug sector. A troubling combination of Lack of buying interest and revived worries about inflation prompted a Broad sell off in stocks in fairly Active trading tuesday. The Dow plunged 34.21 to 3369.92. Stocks tumbled for the second straight Day wednesday in. Heavy trading As edgy investors took profits ahead of thursdays key inflation news. The Dow lost another 26.70 to 3343.22. Stocks closed mixed in Active trading thursday after a late wave of computer guided buy programs and bargain Hunting helped the Market recover from Early Selling tied to disappointing economic news. The Dow regained 8.29 to 3351.51. Stocks rallied at the opening Friday on news that inflation remains under control but profit taking ahead of the weekend nearly wiped out the mornings 30-Point gains. The Dow added 2.85 to 3354.36. Advances swamped declines 1,021663 among the 2,257 issues traded a the first time in nine trading Days that advances beat out decliners. On the trading floor last week Abbott laboratories topped the big Board actives dropping 4% to 27v4 following disclosure it is voluntarily withdrawing its Antibiotic Teaf Lomacin because of unexpected Adverse Side effects. Tel Fonos de Mexico followed losing 3% to 51%. Reports said the Telephone company a Union was considering Selling some of the approximately 3 percent of telex shares it owns. Bristol Myers Squibb co. Was third slipping 2 to 633a on continuing weakness after announcing last week it expects second Quarter sales to be up less than 5 percent from a year earlier because of lower than expected wholesalers inventories. Among some of the Blue chips Citicorp gained 1 to 20vh, Philip Morris cos. Eased % to 74la, general motors corp. Fell % to 43%, ism climbed 2vs to 93, and Merck amp co. Slid i s to 4v 4. Volume of nose listed issues including trades in stocks on regional exchanges and in the Over the counter Market totalled 1,156,240,879 shares compared with 1,239,570.4201 trailed in new York Exchange new York up York Stock Exchange Stock Uniss Carp Banco com Ercla Citicorp ism corp Bristol Myersq Tel Tonos de my Abbott labs inc pact corp Philip Morris coca cola co Amer express co toys r us inc Fedl Natl Mage general motors Merck amp co inc a to 15 most Active stocks in new composite trading on Friday. Sates Tail Nat chg. 5.988.100 3.227.100 2.965.400 2.797.600 2.339.400 2.214.800 2.033.400 1.733.300 1.717.800 1.708.300 1.656.800 1,035,500 1.496.600 1.377.100 1,375,000 8% 16% 20% 93 63% 51% 27% 22 v. 74% 42% 23% 34 59% 43% 49% on % unch up % up 1 up % Oft % up % up % up 1 % off % off % up 1 % up % up % unch american Exchange new York up american Stock Ixon Stock into Corona Echo Bay mines exp Oral co la pall corp fruit of loom Chambers Dev a spi holdings it Pac Gas amp to per Royal Oak mines pm group web Lull min a the 10 most Active stocks in Ange composite trading Friday Salt lad net chg. 802,500 4% up 1-16 782,900 6% unch 630,900 1% up % 593,800 25% up % 402,800 33 % up 1 % 320,100 6v a unch 297,300 4% 0 1 % 289,800 28% up % 259,200 1% unch 214,700 15% up % Dow Jones new v0rk up Dow Jones closing Range of averages Friday Hyak Low close change 3397 65 3339 59 3354 36 up 2 65 135/ 62 1332 40 1346 23 up 14 39 215 0/ 21294 214 0/ up 0 25 1195 18 11/5 45 11b2�?~jj up 4131 30 industrials 20 transport 15 utilities 65 stocks the previous session and 941,607,410 a year ago. On the american Stock Exchange the amex Market value Index Rose 1.42 to close Friday at 391.32, but lost 5.84 Points for the week. Declines topped advances 527-283 among the 1,027 issues traded for the week. Amex volume totalled 54,526,350, compared with 57,089,985 shares a week earlier and with 52,684,310 in the same week a year ago. International Corona corp. Led the amex actives edging up % to 4vv the National association of securities dealers composite Index Rose 1.84 to end the week at 569.52, but lost 15.91 a ninth for i r i h. To a it a it l