European Stars and Stripes (Newspaper) - November 6, 1992, Darmstadt, Hesse                                Friday november 6, 1992 i Money matters the stars and stripes Page 17 a today a rates i-1 following Are fixed rates at which Community banking and credit Union facilities will sell for eign currencies to . Personnel for personal use German Mark. British Pound i., 1,58 dutch Guilder. Greek drachma. 197.0782 no the item above Appy it than the Hott of titty Reg urea Ara Ayama in Sonara to the Brewah Pound other cd Francine to the Dohar following Are Interbank rates that fluctuate and should be regarded As the approximate value of the . Dollar to foreign currencies Kalian lire.1,347.50 Turkla lira.7,977.00 Spanish peaeta.112.74 portuguese escudo .140.70 austrian schilling.11.0925 saudi Hal. 3.7495 Bahrain Dinar.0.37675 Kulak Dinar. 0.297 norwegian krone.6.413 danish krone.5.045 British Pound.1.5410 German Mark.1.569 Swiss franc.1.414 French franc.5.3433 dutch Guilder.1.767 belgian franc .32.39 Canadian dollar.1.2473 note figures Are expressed in dollars to the British Pound other currencies to the Dollar Gold quote $337.45 an ounce. Silver quote $3.86 an ounce new York Exchange i w y03 a a the 15 most Actlis stocks in new York Stock Exchange compos Iii trading on wednesday. Stock Compaq computer Burlington Ely general motors ism corp Tel Fonos de my Kemper corp Merck $ co inc blockbuster ent Philip Morris Chrysler corp pub Sec ent prs Exxon corp honeys inc Penn Power amp it Amoco corp Saiet 2.840.400 2.508.200 2.432.200 2.079.200 2.058.300 1.852.400 1,815,900 1.803.800 1.755.800 1.558.600 1,517,500 1,481,700 1,480,000 1.437.600 1.386.300 39 v4 12 31 h 68 a 49 h 22 Vuk 43 Isyl 75 h 26 % 28 i 59 it 22 a 26 i 48 h net chg. Off 4 up i off off it off. Putt off 1 unch Offutt off putt up up 2 i off i off 1 i american Exchange j new York Iii a the 10 most Active stocks in Exchange composite trading wednesday. American Stock Stock expo rate co la Bay mines dial con inc Echo Bay Amdahl corp is corp Forest labs inc Chambers Dev a Century comm Energy service Bat industries 6,216,400 677.900 459,000 333.500 326.200 310.600 286.600 281.900 274.200 258.500 last 1v 4 i 5 Vuk 8 Vuk 9 w 37% 5% 7% net chg. Off 116 off Vuk up Vuk unch up off 1 Vuk up Vuk up 1 11116 up 116 14 i up Vuk Dow Jones new York up a Dow Jones closing Range of averages wednesday 30 industrials 20 transport 15 utilities 65 stocks High 3274.10 1374.07 219.39 Lew close change 3211.15 3223.04 off 29.44 1346.67 1360.37 up 3.02 216.32 217.69 off 1.06 1178.35 1156.46 1163 60 off 5 82 sales of . Trucks Strong in october Detroit apr Domestic Auto makers 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 late 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 <1 i would rather by Clinton today than Buah two yearn ago because i think a Are going to aaa an Economy on firmer  a Mark Zandi economist i 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 arc 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 Tele phone 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 Celly Lar 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. Round a said economist Mark Zandi of in Vional 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 or 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. Dec shuts off . Drive for tariffs Geneva apr the threat of a Trade War Between the United states and the 12-nation european Community loomed wednesday after the dec blocked a . Effort to place $1 billion in tariffs on european farm goods. At a meeting of the decision making Council of the general agreement of tariffs and Trade Community members turned Back a . Request for approval to impose the sanctions. The United states has threatened to impose $1 billion in tariffs on French wine and other dec farm goods. That could raise prices on wine and various other imported goods for . Consumers. Dec Trade chief Frans Andric Ssan has vowed to fight Back if Washington carries out its threat. Deliberations were expected to continue through the remainder of president Bush a term but it appeared the Trade tensions would be among the first International challenges to be faced by Bill Clinton a administration. The United states contends that subsidies paid to european oilseed producers to help them compete unfairly encourage higher production and have led to reduced european demand . Soybeans which enter Europe duty free . Farmers lose $1 billion annually in soybean sales to Europe and oilseed exit orters in nine non dec countries Are also Osing $1 billion yearly according to . Figures. Oilseed which include Sunflower seeds and Cotton seeds in addition to soybeans Are widely used As an inexpensive substitute for Grain in animal feed. Side until Clinton takes office in january though president Bush is now largely powerless. A we believe that on the . Side there is a kind of continuity mainly for the Congress Quot Tran told reporters. A we see the same people will remain there so we do not believe we have to play that kind of  Washington a move raised the Specter of the disputes growing into a Trade War. It also increased doubts about this future of wider Gatt talks aimed at revamping world Trade rules which have been blocked for two years by ec-. Farm disputes