European Stars and Stripes (Newspaper) - November 5, 1992, Darmstadt, Hesse                                Page 30 the stars and stripes Money matters my thursday november 5, 1992 pm today a Bates 1 following Are fixed rates at which Community banking and credit Union facilities will sell foreign currencies to . Personnel for personal use Carman Mark .1.53 British Pound .1.50 dutch Guilder .1.69 greek drachma .197.7611 a re o the rates above apply within the Host country. Figures ate expressed in dollars to the Antish Pound other currencies to the Dollar following arc Interbank rates that fluctuate and should be regarded As the approximate value of the . Dollar to foreign currencies italian lira .1,333.00 turkish lira .7,960.40 Spanish peseta .111.19 portuguese eecudo.139.10 austrian schilling.10.9925 saudi rial.3.7495 Bahrain dinar.0.37675 Kuwait Dinar .0.2974 norwegian krona.6.35 danish krone.5.992 British Pound.1.55b5 German Mark. 1.5632 Swiss franc .1.3946 French franc.5.2933 dutch guilder.1.7603 belgian franc.32.15 Canadian Dollar.1.245 note figures Are expressed in dollars to Tho British Pound other currencies to the Dollar Gold quote $336 90 an ounce Silver quote $3.79 an ounce r new York Exchange hew York up the 15 most Active stocks in new York Stock Exchange composite trading on tuesday. Stock general motors Rwjr Nabisco hid Philip Morris ism corp Chrysler corp Merck amp co inc get corp Horne depot inc Tele Lonos de my digital equip it Exxon corp blockbuster ent West Ghouse Al Texaco inc Glaxo holdings Sain till nit Chi. 5,797,300 32% up 2,840,200 8% 76v. Up % off % 2,619.100 2.374,200 69% up % off % 2,021.700 27% 1.053,300 44 off % 1,600,700 33v. Off % 1,712,400 57% off % 1,661,000 50% off 1 1,652,400 34% off 1% 1,551,100 59% Oliy. 1,512,400 15% up % 1,398,900 13 v. Up % 1,325,300 58v. Off to 1,303,300 25v. Up % l american Exchange 1 new York Upo a the 10 most Active stocks in american Stock Exchange composite trading tuesday. Stock Sain Lett Netchy. Ivan corp 582,300 30% off % Reliance Elpi 569,300 11% unch Amdahl corp 549,700 8% up % Rhone pout curl 429.500 2 7-16 up 1-16 Horn amp Mardarl 355,600 2% off % heritage Media 349,300 6 Oft Vic it tins St be 325,300 3 9-16 of 1-16 new York times 270,900 27v. Up 1 Parker amp party 266,000 15% up % Echo Bay Mes 239,600 5% unch l Dow Jones 1 new York up a Dow Jones closing Yarige of avenges tuesday High Tow clots 30  328544 3226.82 3252.48 20 transport 1373 66 1346.87 1357.35 off 8 66 15tfu.ties 220.46 217.76 218.95 off 1 38 65 stocks 1181.34 1160 71 1169.42 off 5 31 change off 9 73 . Threatens sanctions after talks with dec falter Chicago a agriculture officials from the United states and the european Community broke off talks tuesday on farm policy disputes increasing the likelihood of an intercontinental Trade War. . Agriculture Secretary Edward r. Madigan immediately threatened Trade sanctions against the dec. Madigan told reporters he will recommend to president Bush that the United states withdraw Trade concessions it made to european countries 30 years ago when the dec allowed . So Means to enter the continent duty free. The agriculture Secretary did not specify which concessions he would recommend be withdrawn. European countries have threatened retaliation with Trade sanctions of their own but Madigan said such a move lacks foundation. A there is no moral basis or intellectual basis on which they could counter with the withdrawal of concessions a he said. Madigan said the United states was willing to meet again and dec farm commissioner Ray Mcsherry said further talks would be held but a Date and place had not been decided. He said the dec negotiating team was to leave Chicago on tuesday night for Brussels Belgium. A it Wasny to possible for us to get the desired breakthroughs on a number of issues a said Mcsherry. The negotiations have focused on . Demands for reduced european production of Oil seeds which include soybeans Sunflower seeds and Cotton seeds. The United states contends that subsidies paid to european Oil Send producers to help them compete on the world Market unfairly encourage higher production and have led to reduced european demand for . Soybeans. Madigan is from Illinois the largest . Soybean producing state. Some europeans say production con . Agriculture Secretary Edward r. Madigan threatens Trade sanctions against the european Community after discussions with dec officials on Price supports broke Down. Cessions already made should be enough. The talks had recessed for five hours tuesday so Madigan who is leading the . Delegation and . Department of agriculture staff members could go Home to vote in the general election. The two sides had hoped to reach an agreement before a meeting wednesday in Geneva of the general agreement on tariffs and Trade or Gatt a 108-nation group that oversees world Trade. The Agenda for the Gatt Council meeting included a discussion of the quarrel Between the United states and the 12-member european Community which has for two years stalled Gatt talks on a Broad revamping of world Trade rules. The Bush administration estimates that . Farmers Are losing $1 billion annually in sales of soybeans to Europe As a result of the subsidies. Shoney s to pay $105 million in suit Taco Bell gaining ground in Mexico i x Ico City up the americans have taken on the mexicans at their own game and based on Early returns they seem to be holding their of n. Following the Success of its first outlet opened earlier this year Taco 13ell, the . Producer of mexican fast food is to open three More kiosks in Mexico City this month. The traditional mexican and Tex mex fare will sell for Between 81 cents and $1.45, inexpensive by fast food standards in Mexico. Nashville Tenn. A Shoneye a inc. Said tuesday that it will pay $105 million to Settle a racial discrimination lawsuit filed on behalf of Black employees of the restaurant operator. The class action suit was filed 3vs years ago by nine former Black employees in Pensacola Fla the settlement still must be approved by . District court judge Roger Vinson. Under its provisions Legal fees and taxes will be deducted and the remaining Money will be put into a claims fund. Payments will be doled out to employees of Shoney s and Captain Dos restaurants who claimed they were discriminated against Between february 1988 and april 1991. The settlement also requires Shoney s to take Steps toward increasing total Black employment in jobs where Blacks Are underrepresented. A a. Regret any mistakes that occurred in the past with respect to employment practices a Leonard h. Roberts. Shoney s chairman a we regret any mistakes that occurred in the past with respect to employment practices Quot Shoney s chairman Leonard h. Roberts said in a statement. A an important aspect of this settlement is an attempt to right any wrongs to the extent possible through payments to individuals whom the court determines  the plaintiffs had sought $530 million from Shoney a which also operates and franchises Leeds famous recipe Chicken Pargos and fifth Quarter restaurants. Under the settlement payments will be made to people who claim to have suffered discrimination in hiring firing and promotion or harassment or retaliation. Shoney s said the company cannot accurately estimate the eventual number of claimants because the Chain is so Large. The company operates and franchises 1,803 restaurants in 36 states and Canada. The company a latest annual report showed that 313 Shoneye a owned restaurants and 358 Captain Dos restaurants Are affected by the lawsuit. Shoneye a said the settlement would result in an $85,7 million charge against the company a fourth Quarter earnings. A earnings per share after the 1992 fiscal year will not be materially affected by the settlement. Also the company has not yet determined the extent to which it might be reimbursed by its insurers for expenses related to the litigation a Roberts said. Dec to ban cosmetics testing on animals by 1998 Brussels Belgium a european Community governments agreed tuesday to ban animal testing for cosmetics in five years but will extend the deadline for products that can t use alternative tests. The ban agreed to by health and consumer affairs ministers of the 12 dec states would take effect Jan. 1, 1998. A two year Extension of the deadline would be Given for products for which alternative testing had not yet been found. A no one can be assured there will be alternative methods for All the substances by that Date Quot said dec commissioner Karc Van Miert. But he said the move was not a symbolic gesture caving in to animal rights lobbyists. A the Date has a very real significance a he said. A it puts heavy pressure on cosmetics industries which he said lobbied heavily against setting a Date for the ban. Dec officials said Only about 1 percent of animal testing in Europe is done by cosmetics manufacturers. But Van Miert said the ban was important a because it will have a spillover effects on pharmaceutical and other industries. Critics said the move Hurt one Industry unfairly