European Stars and Stripes (Newspaper) - November 22, 1992, Darmstadt, Hesse Sunday november 22, 1992 0dllar watch shown below Are the highest Dollar Exchange rates for the week of nov. 9-13 compared with Dollar rates for the same period one year and five years ago. German Mark 1.57 one Dollar would buy you 1.63 171 1962 a military Exchange rate 1991 1987 British Pound one Pound would Cost you 1.56 179. 177 1992 1991 i a a go belgian franc one Dollar would buy you 32.67 33.69 35.96 Jug a j991_ j987_ dutch Guilder one Dollar would buy you 1 76 1.84 193 Jujj Jssie 1987 French franc one Dollar would buy you 5.34 5.58 5.79 jmj greek drachma one Dollar would buy you 200.24 184.69 a 134.85 Jay 1987 i italian lira one Dollar would buy you 1,369 1>232 1>255 Jtj _1967_ Spanish peseta one Dollar would buy you 11457 102.83 11525 1992 1991 turkish lira 1987 one Dollar would buy you 8,165 a 4,945 1992 1991 963 1987 i Money matters the stars and stripes Page 17 Law enables gis to double maximum insurance coverage by Chuck v1nch Washington Bureau Washington a military personnel who participate in the servicemen a group life insurance program can double their maximum coverage under a new Law that recently went into effect. The veterans benefits act of 1992, signed by president Bush on oct. 29, contains a provision that will boost maximum coverage from $100,000 to $200,000, for a Price of $16 a month in premiums effective dec. 1. Coverage for $100,000 costs $8. The increase for current policyholders is not automatic according to military officials. Only Servic members can be policyholders. The program will continue to automatically insure newly eligible members for $100,000. Individuals can then choose to decline coverage select a reduced rate of insurance in increments of $10,000, or select a higher rate of insurance in increments of $10,000, up to the $200,000 maximum. The increased coverage will apply to deaths that occur after dec. 31. The Law gives Servic members one Opportunity Between dec. 1 and March 31 to increase the amount of their insurance coverage up to the maximum of $200,000 without having to take a physical exam to show that they Are in Good health. After March 31, they arc still eligible for the increased coverage but will have to take a physical to get it. Servic members leaving the military can convert the new maximum Active duty coverage into another policy for the same amount through the veterans group life insurance program. The last increase in Sigli was in 1991, when the ceiling on coverage went front $50,000 to $100,000. More than 99 percent of the Active duty Force takes part in Sigli according to a Pentagon official. The program is run by Prudential insurance optimism spurs Market to Advance after Rocky beginning new York Orpi a thanks to a pair of Market Friendly witches Wall Street finished the week on an upbeat note despite a shaky Start. A it was a real Good week a said Hugh Johnson head of the investment policy committee at first Albany corp. In Albany . A we had a shaky Start but a Nice surge at the end a he said. A the first two Days of the week were thought to be the Start of a Bear Market or a major correction. We Learned it was just a breather in the markets move up and that it has further to besides computer guided buy programs tied to the a double witching hour a the monthly expiration of Stock Index futures and options on the same Day that dominated fridays session he said the markets Advance was aided by encouraging economic developments. A the Money Supply this week was stronger than expected. We re seeing some improvement in Money and liquidity conditions. As a result the Outlook for the Economy is greater a he said. A even though housing starts pulled Back slightly in october building permits continued to Rise. The Outlook has just gotten better for the Economy and even greater still for the Stock Market a he added. Johnson also cited the announcement in Washington that . And european Trade officials reached a unanimous agreement on an agriculture package that will avoid a threatened Trade War. For the week the Dow Jones Industrial average which retreated 0.22 percent or 7.03 Points the previous week slipped another 0.18 percent or 5.67 Points to 3227.36. The broader new York Stock Exchange composite Index Rose 1.53 to 234.78 and Standard amp poor a 500 Index climbed 4.22 to 426.65 to surpass their respective highs of 233.73 and 425.27 set sept 14, advances outpaced declines 1,217-1,000 among the 2,549 issues traded. Weekly big Board volume totalled 1.06 billion shares Down from 1.08 billion a week earlier. In a continuation of last weeks trend stocks retreated in quiet trading monday As further signs of an improving Economy once again failed to excite the Market Well enough to overcome profit taking. The Dow lost another 27.29 to 3205.74 for a three session losing Streak. Stocks closed moderately lower in Choppy trading tuesday As computer guided sell programs and profit taking teamed up again to wipe out initial gains and Deal the Dow its fourth straight loss. The Dow slipped 12.42 to 3193.32. Stocks closed moderately higher wednesday rebounding from a two Day sell off with the help of computer guided buy programs tied to Short covering and fridays a double witching volume was heavy. The Dow recouped 14.05 to 3207.37, snapping a four Day losing Streak. A late wave of computer guided buy programs helped stocks Advance for the second straight Day thursday despite some fresh signs of weakness in the Economy. Volume was heavy. Hie Dow added 2.16 to 3209.53. Stocks mounted a three Day rally in heavy trading Friday As computer guided buy programs related to the a double witching hours boosted broader indexes to record highs. The Dow climbed 17.83 to 3227.36. On the trading floor Westinghouse electric paced the big Board actives losing 2v4 to 93/4 on continued weakness because of losses at its financial services subsidiary. Unilever followed falling 2 to 101 i on dividend related activity. On the american Stock Exchange the amex Market value Index Rose 2.50 to 392.19, advances led declines 429-384 among the 987 issues traded for the week. Amex volume totalled 75,023,000, com ared with 76,458,110 shares a week ear or and with 80,498,570 in the same week a year ago. Daystar industries led the amex actives dropping 4v to 6. The Wall Street journal new York Exchange 1 new York up a the 15 most Active stocks in new York Stock Exchange composite trading on Friday. Stack Westinghouse Al Taubman centers a corp limited inc at amp to company Philip moms general motors Monk Austin inc Merck amp co inc coca cola co Gen electric Glaxo holdings adv Micro docs Rwjr Nabisco hid Boeing co Sain 9.183.500 4,720,300 3.715.100 3.421.800 3,000,200 2.775.800 2,733,600 2.647.800 2.520.800 2.511.100 2.439.700 2.382.500 2.298.700 2,273,200 2.251.400 last 9 v. To w 62 i 26 a 47 h 79 v. 31 18 Vuk 46 Vuk 40 a b0 24 v. 18vk 8 6k 34 v. Net chg. Oil Vuk unch up 1 up v. A pvt Oft 1 Vuk Pukk unch off Vuk up Vuk up 1 6k off Vuk up 4k off v. Up Vuk american Exchange 1 new York up american Stock Exchange the 10 most Active stocks in composite trading Friday Slock Sale Leal Nel chg. Hill Haven corp expo rate co la 555,000 33-16 up Vuk 487,300 1 7-16 up 1-16 Amdahl corp instrument sys 433.600 7 Vuk off /. 379,900 5 v. A unch Ich corp 369,700 4 off 1-16 Glatfelter pm 333,500 18 up v. Andrea radio up 331,400 31 Vuk up 2 v. Nax corp 284,900 34 Vuk off v. Pegasus Gold 259,000 13 off Vuk am medical bldg 252,000 9 Vuk unch c Dow Jones new York up a Dow Jones closing Range of averages Friday 3197.64 3227 36 up 1348 28 135998 up 5 23 217 64 219 02 up 0.63 1155 30 1165.28 up 5 36 30 industrials 20 transport 15 utilities 65 stocks Mph 3249.78 137306 220.33 1174.15 Cleia change 17.83 p hot said a stockholder sued Daystar and five of its officers alleging the medical product maker made false statements about its potential earnings and distribution contracts. In Over the counter trading the National association of securities dealers composite Index added 5.44 to end the week at 642.60, just 2.32 Points shy of its All time High of 644.92 set feb. 12. Mutual a amps we York a the wow to fed 17 93 no. Ump 1013 1023 .01 Huq 10 78 be 03 Aetna fends a cart p 8 3/ 8 03 a 01 ing quotations from the Adonat Assoc Afon of securities dealers. Alt Eva Surrisi 1024. 10 Misc asm cd 1124 no 01 Aetna 10 14 no a 05 Grinc p 2 55 2 70. 02 pm rep 12 69 13 32. 14 of Ini 10 53 1086 9 25 no. 05 Bond 9 94 no 01 hey lip 563 5 91. 01 inc Are the prices at which be securities could have been sold net an 10 68 11 42 wet nip 1729 1830. 12 as0 fends growl Nam 10 38 no t 04 Ica Ftp 13 25 13 87 thin p 10 51 11 03 t 08 aim fends c balance 1097 11 49. 03 Ingr 8 76 no Insu p 10 09 10 5/ 01 asset value or Bougie value plus up tin p 12 86 13 50. 05 agr Svca 18 04 19 09. 1/ Bond 1118 11 71 01 Amure 8 7? 9 16. 08 Monk p 12 54 13 1/. 02 sales charge Friday Sal Bey cog. Aha funds go Scop 1019 10 70 equity 13 21 13 83 07 Alger fends. 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