European Stars and Stripes (Newspaper) - November 27, 1992, Darmstadt, Hesse                                Friday november 27, 1992 Money matters the stars and stripes b Page 17�?i 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 gtrmanmark.1.55 British Pound.1.56 dutch gulmtr.1.74 Grook drachma .200.4374 not Thi refs above apply Wlton tie Host country. In donor to tha British Pound other currencies to the Dollar following Are Interbank rates # that fluctuate and should be regarded As the approximate value of the . Dollar to foreign currencies italian lira.1,384.50 Turkla lira .8,221.10 Span Lah Patata .114.67 Portu guava aaeudo.141.98 aunt plan schilling.11.20 saudi hal.3.7498 Bahrain dinar.0.37875 Kuwait Dinar .0.2992 Norw Aglan krona.6.5050 danish krona.6.1550 British Pound.1.5215 Gorman Mark .1.5955 Swiss franc.1.4320 franch franc.5.4015 dutch Guilder .1.7890 belgian franc.32.85 Canadian Dollar.1.2823 note figures Are expressed in dollars to the British Pound other currencies to the Dollar Gold quote $334.75 an ounce Silver quote s3.76 an ounce new York Exchange new York up a the 15 most Active stocks in new York Stock Exchange composite trading on wednesday. Stock Westinghouse Al Glaxo holdings British petrol Tenn eco inc ban America syntax corp general motors Gap inc ism corp Boeing co Merck amp co inc blockbuster ent Philip Morris Citicorp Amer express comm it Natch. 4,823,700 12v up 1% 3.599,700 24 off % 2.678.900 42 a off 2,338,000 33% up 2,283,300 45% up 2% 2,193,900 23% off 1 2,125,100 31% up 1,820,300 36% 0f11% 1,788,500 65% up % Oft % 1,741,700 33% 1,702,800 45% up % 1,569,000 16% Oft a 1,550,700 79% off % 1,544,100 18% up % 1,411,600 23% up american Exchange new York up a the 10 most Active stocks in american Stock Exchange composite trading wednesday. Stock sales last net chg Bio pharmaceutics 985,300 2% up 11-16 citizens St be 633.100 3 15-16 up 1-16 Milhaven corp 588,900 3% up 1-16 Catalina Light 359,200 5v. Unch am medical Hwy 355,500 10v. Unch Hasbro inc 352,100 35 up Tva corp 306,600 34 % unch Echo Bay mines 289,700 4vi unch Amdahl corp 277.400 7% off Chambers Oev a 268,400 4% up % Dow Jones new York up Dow Jones dosing Range of averages wednesday huh Low close change 30 industrials 3285.71 3243.57 3266.26 up 17 56 20 transport 1414.76 1381.12 1404.89 up 17.53 15 utilities 21927 216.39 218.01 off 0.19 65 stocks 1191.11 1171.73 1183.70 up 7.82 report offers signs Economy May be headed for recovery by the Washington Post the nations Economy showed the first signs of a genuine recovery during the summer months a government report showed wednesday. President elect Clinton said the growth could affect the need for immediate action to boost the Economy through tax cuts and government spending. The Commerce department revising its estimate of the Gross Domestic product said the Economy expanded at an annual rate of 3.9 percent during july August and september. The growth was led by higher exports a surge in consumer spending and a buildup of inventories at stores and factories. Earlier just before the nov. 3 election the department estimated the output of goods and services had grown 2.7 percent. In Little Rock ark., Clinton said the report a could. Have some Impact on his plans to provide a Short term stimulus to the Economy. A a it a obviously Good news but it requires a lot of analysis a he told reporters. Clinton advisers have spoken of a Short term stimulus plan of As much As $40 billion. There were notes of caution however about whether the Economy has entered a period of sustained growth. A number of economists who have advised the Clinton Campaign said wednesday that they would stick by their previous Calls for a stimulus package. The proposals include a an investment tax credit to Spur business purchases of computers and production equipment. A increased government spending on Public works research and development and education and worker retraining. A i would t jump off the stimulus bandwagon a said James Tobin a Nobel prize winning economist at Yale University who endorsed the Clinton economic plan during the fall Campaign. A a it a a Nice piece of news compared to what we have had but we still have a Long Way to go before we get unemployment Down to a reasonable  also a number of economists cautioned that the growth rate would probably not hold up in the final three months of the year. But the 3.9 percent annual growth rate was the highest quarterly performance the Economy has turned in since George Bush became president and the news was received with bittersweet irony by the outgoing administration which blames economic woes for the presidents defeat in november. Quot i hate to say it but we told you so a Commerce Secretary Barbara h. Franklin said wednesday. She contended the report proves the administration s election year Contention that the Economy has begun a sustained recovery. A a it a ironic but that a the Way it is a she said. Alaskan Oil spill suits settled pipeline operators to pay $31.7 million for Exxon Valdez Accident Juneau Alaska map a the operator of the trans Alaska Oil pipeline will pay Alaska and the Federal government nearly $32 million to Settle lawsuits Over its failure to respond quickly to the Exxon Valdez spill officials said wednesday. Alyeska pipeline service co., a consortium of Oil companies formed to operate the trans Alaska pipeline and terminal at Valdez was the Agency charged with the initial cleanup response to the disastrous March 1989 spill in Prince William sound. The settlement approved by . District judge h. Russel Holland in Anchorage brings to an end the governments litigation surrounding the nations worst Oil spill state attorney general Charlie Cole said. The governments settled their Liti gation agr inst Exxon corp., owner of the Tanker Exxon Valdez for a record $1 billion last year. Under Alyeska a settlement the Money will go a to build docks and warehouses to store additional spill response equipment in the sound. A to Purchase private Timberland in Kachema Bay state Park. A to reimburse the coast guard for its Exxon Valdez expenses. A and to reimburse Alaska towns whose state fish tax payments declined after the spill. Gov. Walter Hickel said the settlement will improve the states ability to respond to another Large spill. A obviously we done to want another Oil spill. But if we do have one we want Ade quate equipment to respond Quot he said in a statement. Nearly 11 million Gallons of crude Oil spilled when the Exxon Valdez hit a reef on March 24, 1989. The spill killed thousands of Birds and Marine mammals and disrupted Alaska s Rich fishing Industry. The governments charged that Alyeska failed to have adequate equipment on hand to respond to a major spill. The settlement requires Alyeska to pay $8.2 million within 70 Days $10.5 million in one year and $13 million in two years. A major part of the settlement for Many alaskans is the $7.5 million to help buy private Timberland in Kachema Bay state Park. The land is owned by the Seldovia native association a corporation of native alaskans who have been negotiating with the state to sell the land for 17 years. Delta air lines gets $2 million safety Fine Washington a the Federal aviation administration slapped Delta air lines with a $2 million Fine wednesday saying it had violated a Long list of maintenance and safety rules. The Faa said it will suspend $500,000 of the Fine until it determines whether the airline fully complies with new safety orders. But Faa administrator Thomas c. Richards said Delta had taken a aggressive actions to Correct  a the airline is now operating in accordance with the Faass safety standards Quot Richards said. A but the Faa expects full accountability for any air carriers failure to comply with Federal air  Russ Heil a Delta vice president said that following an Faa inspection last year the airline a made changes or implemented programs that will cure All of the  a Delta is dedicated to the highest level of safety and to full compliance with Faa procedures a Heil said. Neil Monroe a Delta spokesman at corporate Headquarters in Atlanta said the primary problem was not one of Quality maintenance but of record keeping. A we did no to have the paperwork in the right place to be Able to say to a Mechanic a this is the work that needs to be done a a a he said. Monroe said Delta a procedures Are now in a Al  the Faa said a special inspection of Delta a using selected Faa staff members who done to normally work with the airline a was completed in february 1991. The inspection team found 20 violations of Faa regulations the Agency said adding that 42 other violations were documented by other Faa offices some As recently As last summer. Japanese let machines do the talking Tokyo apr for tens of thousands of japanese who fear their accent in English is too thick to be understood a new hand held device is offering a solution native speaker English at the push of a Button. While the device itself can Only speak 2,500 preset phrases the heavy demand for it Speaks volumes about English education in Japan where pronunciation is usually ignored in favor of grammar instruction. A typical user of Fuji Xerox s $260 fluency might be a japanese traveler who spots a snazzy jacket in a new York boutique and wants to try it out. Searching under the a a shopping category the shopper would find the phrase a can i try this on a if a Button is pressed the device then utters the phrase in slightly slow but natural sounding English. Other phrases contained in fluency include a do you have any japanese newspapers a and a a in a like to reconfirm my  for those in London the machine offers a can i have a scat in the  using the British word for the front Section of a theater. The key to the device said Fuji Xerox spokesman Kenji Hamai is new technology enabling it to store data that can reproduce the actual voice of native speakers instead of a synthesized robot like sound. Apparently Many japanese Are convinced that fluency is the Best Way to get their message across to foreigners. Hamai said plans to sell 100,000 units in the machine s first year Are right on track alter its first four months on the  doll Barbie sales Boom by the new York times los Angeles the Barbie doll in All her variations will breach the $1 billion sales Mark this year in no Small measure because of the popularity of the $12 totally hair Barbie. Mattel inc. Has More than doubled sales of its favorite since 1987, when Barbie sales were $430 million