European Stars and Stripes (Newspaper) - November 6, 1992, Darmstadt, Hesse                                Friday november 6, 1992 Money matters the stars and stripes b Page 17 today s rates following Are fixed rates at which Community banking and credit Union facilities will sell for eign currencies to . Personnel for personal use German Mark. 154 British Pound.1.58 dutch Guilder .1.72 Gretak drachma 197.0782 now to Moo Mem apply a finn a boat country no Roo m a much in Daft to the British Mund  to to Wool twi a in mini w a it Imi it now w a in wow a w following Are Interbank rates that fluctuate and should be regarded As the approximate value of the . Dollar to foreign currencies italian lira.1,351.52 turkish lira.7,977.00 Spanish peseta.112.74 portuguese escudo 140.70 austrian schilling.11.0925 Studl rial.3.7495 Bahrain dinar.0.37575 Kuwait dinar.0.297 norwegian krone.6.413 danish Krone �.6.045 British Pound .1.5375 German Mark .1.581 Swiss franc.1.418 French franc. 5.35 dutch Guilder .1.7785 belgian franc.32.52 Canadian Dollar.1.2481 not figure an top Reed in dollars to Tho British Pound Othor Curry Nam to Tho Dollar Goto quote $339.26 an ounce Svor quote $3.96 on ounce Canadian doctor 1.2473 not figure Art a Presa m dollars to the British Pound Othar Curt Ondas to tha Dollar Gold quota $337.45 an ounce Silvor quota $3.68 an ounce new York Exchange new York up the 15 most Active stocks in new York Stock Exchange composite trading on wednesday. Sleek sales last Netcha. Compaq computer 2,840,400 39 v4 off Burlington qty 2,508,200 12 up i general motors 2,432,200 31 h 0�h ism corp 2,079,200 68 a a off it  2,058,300 49 i Ofle Kemper corp 1,852,400 22 i up Merck 4 co inc 1,815,900 43 off blockbuster ent 1,803,800 15 i unch ship Morris 1,755,800 75 h off 1h Chrysler corp 1,556,800 26 h off i pub Sec ent prs 1,517,500 28 h up i Exxon corp 1,481,700 59 Vinovi honeys inc. 1,480,000 22 i up 2 i Penn Power 4 it 1,437,600 26 v4 off i Amoco corp 1,386,300 48 i off 1 i american Exchange new York us american Stock explored co lad amp conk Echo Bav mines Amda corp is corp Forest Labi inc Chambers Oev a Century comm Energy service Bat industries up1 the 10 most Active stocks in Exchange composite trading wednesday. Tales Leal i Cha. I 6,216,400 1 i off 1-16 677.900 459,000 333.500 326.200 310,800 266,600 281.900 274.200 258.500 4 i Svi 8 i 9 i 37 i 5 i 7 i off i up i unch up i off i up i up1 111-16 up m6 .4 i up Dow Jones new York Upo Dow Jones dosing rinos of averages wednesday 30 industrials 20 transport  65 stocks 327?to 3211.15 3223.04 0�29, 1374.07 1346.87 136037 up 3.02 219.39 21632 21739 off 136 117835 1156.46 1163.60 off 532 Lew Teea cd says a 29.44 sales of . Trucks Strong in october Detroit apr Domestic automakers said wednesday that their Light trucks paced a 10.3 percent improvement in Overall vehicle sales in late october More than making up for Flat car sales. The robust truck sales also paced an 8.4 percent gain in Overall sales including imports for the entire month. The figures also provided evidence of a turnaround in car sales for the Domestic makers whose Overall car business was Down Only 1.3 percent for october. That decline was largely caused by a drop in sales of vehicles to rental car companies. Experts predict Economy May improve by Lafe 93 Washington a the Economy in most regions remains stuck in the slow growth rut according to a Federal Reserve Survey released wednesday. The Central Bank singled out manufacturing As the weakest sector in most of the nation but a separate report from the Commerce department offered a hint of revival. It said new orders to factories rebounded 1.1 percent to $239.4 billion during september. But that Only partially made up Tor declines during the two previous months. A the Economy still is mired in stagnation a said economist Robert do Crick of Northern Trust co. In Chicago. A a that a where George Bush started and that a where George Bush will  a bimonthly Survey of business executives by the . Chamber of Commerce showed that Confidence in the Economy in october plunged 8.1 percent to the i would Rathor b9 Clinton today than Bush two Yomara ago Beau a i think Woart going to aaa an Economy on firmer  a Mark Zandi economist lowest level since december. Dederick and other analysts said Federal Reserve surveys during president Bush a final Days in office and president elect Bill Clinton a first three to six months in office probably will continue to portray a sluggish Economy. But by late next year they expect a pickup. A i would rather be Clinton today than Bush two years ago because i think we Are going to see an Economy on firmer Craig Mccaw left chairman of Mccaw cellular communications and Robert e. Allen chairman of at amp to pose in new York on wednesday after agreeing to cooperate on the cellular phone business. At amp to moves to Widen role in Mobile phone business new York a at amp to the nations biggest Long distance Telephone company could become the biggest player in Mobile phones under an Alliance it plans with Mccaw cellular communications inc. American Telephone amp Telegraph co. Is negotiating to buy a third of the Stock of Mccaw the nations largest cellular phone operator for $3.8 billion the companies said wednesday. At amp to said it eventually May buy control of Mccaw. The move would give at amp to a prominent stake in the cellular mar it an area where it has no presence except for Selling equipment. The companies said the Alliance would hasten the Day when people would carry a pocket sized phone and could be reached easily anywhere in the country through one phone number. Under the Alliance Mccawl a cellular service would be marketed under the at amp to Brand name in North America. Mccaw which offers cellular service in More than 100 . Cities now uses the cellular one Brand in most areas. At amp to chairman Robert e. Allen said the Deal a helps support the continued growth of our Core Long distance business and at the same time assures us a leading role in the tremendous expansion of wireless  the Deal would be the second largest Ever for at amp to following its Purchase last year of computer maker nor corp. For $7.4 billion. It would substantially boost at amp to a presence in wireless communications an area it considers strategic. At amp to already provides a wireless text messaging service for portable computers. Ground a said economist Mark Zandi of regional financial associates in West Chester a. The fed in its report known As the beige Book because of the color of its cover noted improved retail sales and increased housing construction and sales. It also said crop yields were Good despite harvests delayed by Cool weather. Bank loan demand was up and inflation stable it said. However the report said a the manufacturing sector apparently has lost some momentum in much of the  weakness in aircraft military goods no electrical machinery rubber and plastic products and such primary metals As steel offset strength in building supplies carpeting and other Home furnishings. The fed report was compiled from information gathered by its 12 regional Banks based on interviews with business people conducted before oct. 27. Jobless claims decrease to two year Low Washington a new unemployment claims in late october fell to 360.000, the lowest in More than two years the government said thursday. The labor department report considered a sign of Hope amid other More dismal economic news said claims fell by 16.000 from 376,000 the week before. In Advance economists had been looking for an increase of 3,000 to 10,000. It was the lowest number of weekly claims since the week ending aug. 4, 1990, near the Start of the recession when 354,000 americans filed for jobless benefits. Meanwhile a moving four week average of claims considered a More reliable indicator of labor Market trends than the usually volatile weekly numbers also hit a new Low. The average was 371,500, the lowest since the four week period ending aug. 25, 1990, when the average was 371.000. Economists cautioned that the number May look More favourable than actual labor Market conditions. Since the Start of August some unemployed people have been eligible for benefits under a special emergency program passed by Congress last summer. Had those claimants been included the latest weekly number would have been 22,456 higher. The moving four week average would have been 22,745 higher. However even factoring in the emergency claims the trend is still positive and it could presage an improvement in the nation s unemployment rate in october which the department is scheduled to report on today. The rate in september was 7.5 percent Down from an eight year High of 7.8 percent in june. But economists cautioned that improvement in the Job situation would be gradual. Many employers appear to have stopped laying Oft workers but companies turned cautious by the Long period of economic stagnation have been slow to Start rehiring. Three states had claims decreases of 1.000 or More during the latest week reported. They were Delaware 1,709 Illinois 1,286, and Florida 1,126