European Stars and Stripes (Newspaper) - November 10, 1992, Darmstadt, Hesse Tuesday november 10, 1992 i Money matters the stars and stripes b Page 17�? today a rates i 1 following Are fixed rates at which Community banking and credit Union facilities will sell foreign currencies to . Personnel for personal use Gorman Mark 1.55 British Pound.1.57 dutch gulldar.1.75 Graak drachma a Ete Aleea 198.1463 not the rat above apply within the Host country. Figure Ara a Prayad m Dollar to tha Brett a Pound other Curran daa to tha Dollar following Are Interbank rates that fluctuate and should be regarded As the approximate value of the . Dollar to foreign currencies Kalian lira.1,364.50 turkish lira.8,082.50 Spanish Patata .113.94 portuguese Acudo 141.75 austrian Achl Llang .11.2275 saudi rial.3.7495bahrain Dinar a 0.37875 Kulak Dinar .0.29785 norwegian krona.6.485 Danalah krona.6.109 by Tylah Pound a a a 1.519 Gorman Mark 1.584 Salaa franc 1.423 French franc.5.381 dutch gulldar.1.7927 belgian franc 32.60canadian Dollar a 1.2589 Nota figural Art expressed in dollars to the British Pound Othar currencies to the Dollar Gold quote $334.50 an ounce Silver quota 13.87 an ounce aerospace firm will wipe out 650 More jobs St. Louis up Mcdonnell Douglas corp., citing a need to streamline its military Ana space operations said it will Cut 650 aerospace jobs at operations in Missouri and Southern califor Nia. Most of the cuts at Mcdonnell Douglas aerospace will come in White Collar non Union jobs spokeswoman Barbara Anderson said. St. Louis based Mcdonnell Douglas the nations largest military contractor has Cut company wide employment from 132,000 in mid-1990 to 92,000 As of the end of september. Some Wall Street analysts have become concerned that Mcdonnell Douglas May not be Able to sustain its Cash flow in its military and Airliner operations. Two weeks ago the company took a $269 million pretax charge in the third Quarter to fix the wings on its c-17 military cargo Jet. That move led to a $15 million Rule lifts Price of fuel nearly 1 cent los Angeles a the Price of a gallon of gasoline at the pump Rose nearly a Penny Over the past two weeks reflecting the higher Cost of a cleaner burning Winter blend required in most major cities an Industry analyst said As of Friday the average Price for All grades of gasoline at full Ana self service stations was $1.1887 per gallon a .91cent increase Over oct. 23, Trilby Lund Berg said sunday. Since nov 1, Many stations have been required to sell Only gasoline that contains a special oxygen additive that produces less Carbon monoxide. The gasoline required by the environmental Protection Agency under the clean air act is expected eventually to raise prices 4 to 5 cents a gallon. Lundbergh a organization surveys 13,000 filling stations nationally. Winning at endorsement game makes Jordan top paid athlete Jordan gatorade general new York a playing basketball is Only an income supplement for superstars like Chicago bulls guard Michael Jordan who tops Forbes magazines third annual ranking of the worlds highest paid athletes. The really big Bucks come from product endorsements which earned Jordan an estimated $32 million in 1992, on top of the $3.9 million he made dribbling and slam dunking Forbes said in its ranking of 40 top athletes released sunday. Jordan a contract with athletic footwear maker Nike inc. For about $20 million is the most lucrative in sports. Deals with Wilson sporting goods Mills Mcdonald a and other companies make up the rest of his take. At 29, Jordan wont even Bat an Eye at any offer Worth under $1 million said his agent David Falk. A since he first appeared on the Forbes list in 1990, Jordan has earned $60 million. No. 2 on the list was Boxer evander Holyfield with earnings of $28 million. Auto racers Ayrton Senna and Nigel Mansell were third and fourth respectively with Senna earning $22 million and Mansell taking Home $14.5 million. Veteran golfer Arnold Palmer who makes most of his Money from endorsements was fifth with $11.1 million. The highest ranking woman on the list was Tennis Star Monica Seles the Winner of the australian French and . Opens this year with earnings of $8.5 million. Tennis player Jim courier the highest Aid newcomer to Forbes list came in at o. 9, with income of $9 million Only a third of it from playing Tennis. Courier it Hlf of s the world s 40 highest paid athletes with their sports and total estimated 1992 income in millions according to Forbes Magazine 1. Michael Jordan basketball $35.9. 2. Evander Holyfield boxing $28. 3. Ayrton Senna Auto racing $22. 4. Nigel Mansell Auto racing $14.5. 5. Arnold Palmar Golf $11.1. 6. Andre Agassi Tennis $11. 7. Jot Montana football $9.5. 8. Jack no Klaut Golf $9.2. 9. Jim courier Tennis $9. 10. Monica Seles Tennis $6.5. 11. Larry Holmes boxing $8.2. 12. Gerhard Barger Auto racing $8. 13. Michael Chang Tennis $6. 14. Steffi Graf Tennis $7.8. 15. Wayne Gretsky hockey $7.5. 16. Riccardo Patrese Auto racing $7.5. 17. Stefan Edberg Tennis $7.3. 18. Greg Norman Golf $7.2. 19. Georgs Foreman boxing $7. 20. Julio Cesar Chaves boxing $7. 21. Fred couples Golf $7. 22. David Robinson basketball $6.7. 23. Magic Johnson basketball $8.5. 24. Gabriela Saba Tinl Tennis $8.5. 25. Bobby Bonilla baseball $8.3. 26. Dan Marino football $6. 27. Nick Faldo Golf $8. 28. Pete Sampras Tennis $5.6. 29. Danny Tartabull baseball $5.5. 30. Roger Clemens baseball $5.4. 31. Dwight Gooden baseball $5.4. 32. Ruben Sierra baseball $5.1.33. Ivan Lendl Tennis $5.34. Patrick Ewing basketball $5.35. Frank Viola baseball $5.36. Lee Trevino Golf $5. 37. Will Clark baseball $4.8. 38. Barry Bonds baseball $4.8. 39. Doug Drabek baseball $4.8. 40. Cecil fielder baseball $4.6. Source Fot Toee Magazine recently signed a Deal with Nike Worth about $4 million a year joining court rival Andre Agassi As the company a highest paid Tennis endorser. Golfer Fred couples another addition to the list at no. 21, is expected to earn about $1.5 million on the greens this year the Best purse in his career. He takes in $5.5 million off the links with salary and bonuses from endorsement deals on clubs clothes and other items. New York acts player Bobby Bonilla joined the list with an estimated $6 mils amps lion in earnings the bulk of it from his baseball salary. The minimum annual income needed to make this years list grew from $3.9 million to $4.6 million knocking a few names off the list. 1 Orr a few dropped off the list for other reasons. Mike Tyson one of the highest paid last year is in prison on a rape conviction. Basketball legend Larry Bird retired and Tennis Prodigy Jennifer Capriati had a lacklustre season last year. Ism set to offer devices that let computers understand speech new York a ism next week will announce products that allow computers to respond to spoken commands including a system it believes is among the most sophisticated voice recognition technologies commercially available Industry executives said. Two of the new products will run on ism Type personal computers. The third is designed for in my a workstation computers the desktop machines traditionally favored by scientists and engineers. Ism previously demonstrated the workstation product at a computer show and said it would be available by years end. The workstation technology developed in in my slabs is sophisticated enough to recognize the difference Between words that sound alike such As �?o1�?� and a Eye a based on How they Are used in sentences the executives said. They said it also can distinguish different voices which could allow it to limit computer Access to certain users As a Security precaution. The workstation could be connected to a network of personal computers running in my a os-2 software so they All could use the voice technology the executives said. The products arc scheduled to be unveiled monday at the Codex computer show in Las vegas the executives said. Ism docs not comment on unannounced products. The pc products arc licensed from a Small Massachusetts company called dragon systems the executives said. The products consist of software and a circuit Oard installed inside the pc. Dragon systems is providing similar voice recognition technology to ism rival Microsoft corp., which incorporates it into a product called the windows sound system that was announced in september. Daily news survives despite turmoil tragedy new York a when new York daily news owner Robert Maxwell died at sea a year ago the papers survival was anything but certain. Thus far however the tabloid has lived up to the a too Tough to die buttons once worn by its battered workers. The news has maintained a circulation of nearly 800,000, Cut expenses filed for bankruptcy Protection pacified creditors and found several potential buyers. By years end it will have a new owner real estate Developer Mortimer Zuckerman who also publishes . News amp world report and the Atlantic. Some Media analysts had predicted the news might not make it this far. When maxwells body was found near the Canary islands last nov. 5, the paper he had owned for just eight months was losing Money and competing with three other dailies for scarce and dollars in a recession. It had $35 million in debts and was still recovering from a five month strike that ended when Maxwell acquired it. Any prospective buyer also had to reckon with 10 unions representing 1,500 of the papers 1,800 employees. The r bankruptcy judge supervising the Case a roved the Sale to Zuckerman after head contracts with eight. That the paper was sold at All took a a Little bit of a Miracle a said Howard Seife the attorney for the papers creditors. A but its also a reflection of a tremendous amount of hard work. The credit has to be Given to the management and the employees of the daily news who kept it going under very trying circumstances. Creditors helped by approving a $37.3 million Sale Price that pays them just 13 cents on the Dollar for what they Are owed
