European Stars and Stripes (Newspaper) - December 24, 1992, Darmstadt, Hesse                                Page 12 b the stars and stripes Money matters thursday december 24, 1992 today a rates --1 following arc fixed rates at which Community Hanking and credit Union facilities will sell foreign currencies to . Personnel Tor personal use German Mark.1.55 British Pound.1.57 dutch Guilder .1.74 greek drachma 204.9028 note Tho rato9 above apply within the Host county. Figures Are expressed in dollars to the 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. 1,420.00 turkish lira .8,414.60 Spanish peseta.112.67 portuguese escudo.143.15 austrian Schilling. 11.2070 saudi rial.3.7495 Bahrain dinar.0.37675 Kuwait Dinar .0.30080 norwegian krone.6.78 danish krone.6.1080 British Pound. 1.5295 German Mark. 1.5920 Swiss franc. 1.4390 French franc.5.4320 dutch Guilder .1.7935 belgian franc. 32.70 Canadian Dollar. 1,2600 nuts figures pro cd Prossos in dollars to the British Pound other currencies to the Dollar Gold quote $333 35 an ounce sister quote s3 7 t an ounce r new York Exchange a jew Ylo re turn a Star k exp .inrjt1 the 15 most Active stocks in new Ivi Petite trading on  Stock sales last net chg Llyl  Sll l i 5 .05 700 p�?~.1 Coli to 115.-Ioci 51m lip 0 k Man Limp 3 300 �?~-00 04. Up 1  Mill laps 3 009.000 1 7 x up la Sysop 0 663 Foci to to to v git no Piso him 0.8 3 >,1.3 pc s. Iff x Puly fico in it 0.�?�iff.700 00 pit 4 j tip t Lonos do it my m31.700 bid s do w wll  Slom s 0 370 ufos . 0f s Lite a no 0.070.-too or. Up 1. West Quot in Tiki Seel 0 0-1 -1 pro 10 p f a Cmap hopi Lipior 0 0p3 000 0-t Ell 1 of a of p moms 0.071.poo 3 o a c  0 of 000 00 a  is itpt�?T5,  700 4-1 s up 1 a american Exchange 1 new York in pal  stack  the 10 most Irtys Slacks Stock sales last net cig. A mar in p 1 pm of boo 4 up a.  c 0 p p p0p 000 29 w Oft 5  Lugii i p la 817 Fco r. By l Jan be l mtg f50 500 19v ,1 it.  of loom 540 600 4vs up w 04 ens St pc 479 000 5. I."c5 clip 478 600 7 up j eur o Bay mines 313,400 3 cd. K by clip 0�?T4 100 1 t. U up 0,  004 �?T00 or. Up i. Dow Jones new York 501 a Don Jones c Osins Uno of a it 1 vies  Hitti Low Clota change v1 u  .1 v 334 a 04 303650 330 1 10 up 3 t�?T4 0-3  14.w4j 40p 67 1449 01 up 0 61 a pit 4 t 1 004 00 00 1 03 003 59 up 1 30 i h a 7. A 1 m 1 1 of 10�?T 0 53 a a a p 0 p i faulty locks prompt recall of camry us l Koi i a in a toy Olu Motoi corp. Is recalling but sgt a Model a mrs because of the potential lot Power door locks to malfunction and lock pass neers in Klc or outside of the vehicles. No mimics or fatalities have been reported because of the defect spokesman John Hanson said t us slav from the japanese automaker s North american  m l or Ranee Calif. Hie recall att Cis about 550,Odd am re in the electronic control units of the cats Power lock systems a relay has the  to get stuck in position which can cause a Short. 1 he Short can Jam the doot Hyk m tile locked position. British airways drops plan to Purchase part of us air Washington a British airways has Given up its attempt to buy a major share of us air in face of a probable veto from the . Government. The two airlines however said tuesday that they would explore alternatives. The $750 million Deal would have Given British airways a 44 percent stake in us air. But other . Carriers had contended that the plan also would essentially have Given British airways control Over us air in violation of . Law. . Law prohibits foreign control of . Airlines and British airways would have held veto Power Over major business decisions at us air. In addition by using us air As a feeder Quot airline British airways would have gained Access to customers in Many american cities that it is not allowed to serve directly with its trans Allan tie routes. Transportation Secretary Andrew h. Card said of the decision a in the context of the existing bilateral agreement with britain1 would not have been Able to approve the us air British airways  but he told a news conference that a i am pleased that us air and British airways will continue to have a dialogue Quot on alternate relations. Quot it is the policy of the Bush administration to encourage direct foreign investment in the United states a even in the airline Industry Quot he said. Card had sought unsuccessfully to persuade the British government to open Heathrow Airport near London to More Landing rights for . Carriers. Quot in the past Quot he asserted Quot approval of foreign investments of this kind has been based in part on whether the invest Toiv country provided an open Market British airways dropped its bid to acquire 44 percent of us air which would have allowed the two carriers to operate a. �?T3. American Delta and United airlines had opposed the Deal unless the British government would allow them More flights to Britain. The Impact on competitors and their customers Usai British aim i us air can to give new easy connections from . Cities to British air s foreign destinations. I British air can t give overseas customers new easy connections to ustar s Domestic destinations. I financially strapped us air denied a Cash infusion of $750  Delta denied More convenient flying times for . Customers into London s Heathrow Airport. Denied ability to pick up customers at Heathrow for flights elsewhere around the Globe. Avoids new trans Atlantic Competition from a strengthened us air. For . Airline serv  but he added Quot regrettably we have not yet reached our Mutual objective a an a open skies bilateral agreement Quot with Britain. Quot american airlines and United airlines Are the Only . Carriers allowed to serve Heathrow Britain s major Airport and British airways did not want greater Competition from . Carriers there. American United and Delta air lines had opposed the Deal fearing it would give British airways a foothold on their Domestic turf without their getting Addi a Alan Baseden tonal Landing rights in Britain. A British airways spokesman contended that the agreement would have complied with . Law. He defended the proposed veto Power that British airways would have had saying British airways wanted a Large say in the Way us air was run in return for its investment. The spokesman who did not want his name used said British airways was considering alternate relations with us air which had hoped to use the Money from British airways to strengthen its weakened financial position. Robust sales Are making retailers Jolly new York. Apr eleventh hour shoppers hit stores and malls tuesday amid growing signs that the Christmas shopping season will be an Overall Success Tor the nation s retailers. Store nov nets and Industry analysts were upbeat even exuberant about sales going into the last few Days of the season. Wendell Kimbrough marketing director of South Dekalb mall in suburban Atlanta said a things Are going fantastic. We Are having a Christmas year to heat All  Many stores and malls were packed Over the weekend. At the Independence mall in Kingston mass., South of Boston shoppers were forced by heavy traffic to Park on neighbouring streets. Parking also w As at a Premium Mondov in Small shopping centers in Clifton. N.j�?T, outside new a York City. Stores in Midtown Manhattan on tuesday were jammed at lunchtime. Quot 1 he whole season Lias been a ctr Busy said Randy Lapidus. General  things Are going fantastic. We Are having a Christmas year to beat All  Wendell Kimbrough mall marketing director Ager of the Burlington mall in Burlington mass. Johnson rebook service which tracks retail sales on a weekly basis blamed Winter storms Tor a drop in sales during the first three weeks of this month compared with november. The service estimated sales were Down 4.3 percent trom the average Lor All of november. However sales Are still up 4.7 percent Tjom the lir to three weeks of december 1991. Last Christmas was the third straight disappointment for retailers As the Industry was mired by the Long consumer spending slump. A this Christmas sales of big ticket items Are Selling Well which is perhaps the Best indicator that Consumers Are growing More confident. At a Sears store in Columbus ga., manager Cliff Mains said people were buying Tun items such As electronic games. Other retailers found some signs of caution Quot they Are not quite As frivolous As last year said David Wass general manager of upscale Cherry Creek shopping Center in Denver. Still he said Quot Home stores like Eddie Bauer and Williams Sonoma Are doing Well. What i like to Call a Basic Small indulgences a like a cappuccino machine people look for those types of items that will assist them in what Little free time they  it s offi Cio recession is Over panel of experts says  in i. I a a a Ashing Ion aim a seven weeks attic the election that will Ewe the United stale a new president iut month a panel of academic economists made a Long avs ailed announce me ill 1 he  is Over in tact the Patel said the in Cox Ion ended in March Bor eight Moth alter it began m july boo. Moreover the econ nits mud the recession ended Lone before president Bush was being derided by democrats As being insensitive Tor saving it had ended. I he announcement was made by the Bimmy s Cycle Date committee of the National Bureau of economic research. Stven University economists make up the committee regarded by the government and Academia As the Otticia arbiter of the beginnings and endings of recessions. It May seem strange that the tee waited until Tuc i Tav com tit in announce that the downturn was Over especially since the government had been reporting growth in the tuition s economic output since the second Quarter of 1991, but the committee had a simple explanation. The crucial Factor was not simply that the Economy turned upward in March bj91, the panellists said. It was that the Economy continued growing Long enough to surpass its pre recession High Point