European Stars and Stripes (Newspaper) - June 17, 1992, Darmstadt, Hesse                                Wednesday june 17, 1992 the stars and stripes Money matters following Are fixed rates at which Community banking facilities will sell foreign currencies to . Personnel for personal use through wednesday German mark.1.53 British pound.1.90 dutch guilder.1.73 greek drachma .185.9213 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.1,191.25 turklahllra.6865.90 Span Lah peseta.99.29 Portu guava escudo.130.80 aunt plan schilling.11.0860 saudi rial. 3.7501 Bahrain dinar.0.37675 Kuwait dinar.0.2897 norwegian krone.6.1660 danish Krone a a a a a  6.0645 British pound.1.8594 German mark.1.5671 swlssfrane.1.4145 French franc .5.3020 dutch guilder.1.7650 belgian franc.32.36 Gold quote $342.50 an ounce Silver quote $4.12 an ounce new York Exchange new York up York Stock Exchange Slock Tel Fonos de my Monsanto co Philip Morris Abbott labs inc Bristol Myersq toys r us inc ism corp coca cola co Gene tech inc Uniss corp Santa be pacify Citicorp general motors limited inc Pepsico inc a the 15 most Active stocks in new composite trading on monday. Solos 3.701.900 2.484.800 2.157.900 2.034.300 1.913.100 1.890.100 1,872,700 1.747.900 1.578.800 1.418.300 1,273,200 1.259.900 1.167.100 1,153,000 1.143.800 50 54 73 271 64 34v 94 i 42 30v 8v 12 20% 43% 22% 35v net chg. Off 1% off 5 off 1% off up % up up 1vk ofp/4 up 2v off i up % unch up a up off american Exchange new York up american Stock to Xci Stock Gulf cd re secs Echo Bay mines Wang labs inc b pall corp fruit of loom Hasbro inc inti Corona 0mi corp Alza corp epitome inc a the 10 most Active stocks in Iange composite trading monday. Salaa Lait Nat chg. 1,001,600 6 off 2% 569,100 6% up % 390,200 3% off 285,300 25 a off % 282,500 32% off 268,700 28% off 235,500 4% up 231,600 5v unch 218,600 43% up 211,700 17 up 1 Dow Jones new York up a Dow Jones dosing Range of beverages monday 30 industrials 20 transport 15 utilities 65 stocks High 3371.75 1356.32 21620 1190 75 Low 3327.08 1329.22 21301 1172.21 close 3354.90 1343.80 215.32 1183.39 up 0.54 off 2.43 up 1.25 up 0.46 vehicle sales up Detroit a sales of North american made cars and Light trucks Rose 4.2 percent in Early june picking up momentum As Consumers grew More confident about the Economy. The Advance was due to an 11.4 percent jump in truck sales which offset a 0.2 percent drop in car sales Between june 1-10. This was the third consecutive 10-Day period in which vehicle sales exceeded year earlier Levels. Lack of buyers forces delay in building of super jumbo St. Louis apr Mcdonnell Douglas corp. Said monday it has postponed plans to Start building a new super jumbo Jet until next year because it can to find buyers. The airline Industry a financial troubles have forced spending cuts at the major carriers and made it More difficult to sell the four engine md-12, which could hold More than 600 passengers. A what we re doing is simply recognizing the reality of the marketplace a company spokesman John Thom said in Long Beach Calif. The worlds third largest aircraft maker a major military supplier Hopes the md-12 will revitalize its commercial business. But by the time deliveries begin a roughly five years from the Start of construction a it probably will be competing with three other new jumbo jets two from the Boeing co., based in Seattle and one from Airbus industries the european aircraft consortium. The company is still trying to assemble financing to develop the md-12. It had hoped to sell Taiwan aerospace corp. A $2 billion stake in its commercial plane operations to help defray the $4 billion Cost of the md-12 project. But last month the taiwanese group floated a toned Down offer to buy 20 md-12s instead and said that the Sale would depend on Mcdonnell Douglas getting orders for at least 30 of the aircraft. Thom said the company was still in discussions with the taiwanese and other potential partners. The company also has been studying ways to Cut costs in its commercial aircraft business possibly with As Many As 3.0 h More layoffs Thom said. Douglas employs about 36,000 people most in California. Earlier this month the company announced it was phasing out a factory in Torrance Calif., by sometime in 1993, leaving 2,000 workers jobless. Bankruptcy filings hit quarterly High Washington up a record 252,733 individuals and businesses filed for Protection under . Bankruptcy Laws during the first three months of 1992, the american bankruptcy Institute said monday. The Abi obtained the numbers from . Bankruptcy courts and said the filings for the first Quarter represent a 9.5 percent increase Over the same Quarter last year. Business filings for the first Quarter of 1992 totalled 18,760. Non business or individual filings totalled 233,973. The sum is a record for any three month period Ever the Abi said. . Bankruptcy courts Are already dangerously overloaded and this record number of filings will Only increase the pressure on an overburdened judiciary a said Sam Gerdano executive director of the Abi. A the continued upward spiral of filings will wreak havoc in both the Legal system and in the credit markets a he said. The 10 states with the highest increases of filings in the first Quarter of 1992 As compared with the first Quarter of 1991 were Delaware Maryland Connecticut new York Vermont Hawaii Rhode Island California West Virginia and Florida. The Abi is a Washington based organization that provides the Public with research and analysis of matters of insolvency. Warsaw welcomes first of 3 Mcdonald s Warsaw Poland up the famed Golden Arches came to Poland on tuesday As the Mcdonald a fast food Chain held ceremonies inaugurating the first of three restaurants to open in Warsaw. The restaurant located on Marszalkowski Street the main Boulevard through downtown Warsaw will be operated on a Licensee basis by Andrzej Konopski a a former manager who worked in West Germany a and his wife Natalia Konopska. Tim Fenton managing director for Mcdonald a in Poland said initial plans Are to concentrate on Warsaw with eventual expansion to wroclaw Katowice and other polish cities. Initially much of the ingredients for its food a including meat and potatoes a will have to be imported. Fresh lettuce Apple juice and Dairy products will be provided by polish firms. Security was tight for the press opening and some guests had trouble getting past the guards into the restaurant. Fenton said Security will be provided during and after the Public opening today As Well because of the expected crush of customers. Long lines Are common outside the Mcdonald a restaurant in Moscow. Albania urged to press for most favored status Washington up a president Bush met monday with albanian president Sali Berisha and presented the albanian Leader with the pen that he had used to sign an agreement to Accord most favored nation Trade status for Albania. The agreement has been sent to Congress for approval. In his remarks during a picture taking session Bush urged Berisha to a go up to Congress. And encourage them to push Forward with the request. A i have just signed the agreement and we want to push Forward on these preferences a said Bush. A i done to think there will be any  in return the albanian Leader told Bush that he appreciated . United nations sanctions against Yugoslavia that he said helped to a slow Down the fighting. When he emerged from the 30-minute meeting with Bush Beri Berisha Sha called it an a historical meet ing. Opening a new Era in relations Between the United states and  v Berisha said he had discussed the a economic situation in Albania with Bush and had sought assistance to build up his nations transition from a state controlled Economy to a Market Economy. Berisha did not specify the amount of Aid he was seeking. He also told reporters that Albania strongly supported the embargo against Yugoslavia. Business Heinz has loss in earnings gains in Revenue from year ago from wire reports Pittsburgh a . Heinz co. Said monday that fourth Quarter earnings were $145.7 million or 56 cents a share Down 7 percent from $156.1 million or 58 cents a share last year. Revenue for the fourth Quarter increased to $1.87 billion from $1.84 billion a year ago. The decline in the fourth Quarter earnings primarily was due to pretax restructuring charges in excess of $50 million at both Domestic and overseas locations and increased marketing support Heinz said. The Revenue increase came primarily from increased volume in such items As weight watchers Brand Frozen entrees and desserts Star kist tuna Heinz baby food Heinz Ketchup and from weight watchers meetings Heinz said. The stronger . Dollar Exchange rate adversely impacted sales by 2.1 percent the compan it said. More complaints against Sears Newark . A new Jersey officials accused Sears Roebuck and  automotive centers monday of recommending unnecessary repairs just Days after similar complaints were lodged in California. State consumer affairs director Emma Byrne said investigators found that on 12 visits to six scars shops mechanics gave written estimates for a new Battery or alternator a or both a when the car needed Only to have a wire reconnected