European Stars and Stripes (Newspaper) - December 30, 1992, Darmstadt, Hesse                                Wednesday december 30, 1992 Money matters the stars and stripes b Page 17today�?Ts rates following Are fixed rates at which Community banking and credit Union facilities will sell foreign currencies to . Personnel for personal use German mark.1.58 British Pound.1.54 dutch Guilder .1.77 greek drachma .204.6091 note the rates above apply within the Host country. 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 .1,475.00 turkish lira .8,550.40 Spanish peseta.114.85 portuguese escudo.148.35 austrian schilling.11.3830 saudi rial.3.7495 Bahrain dinar.0.37675 Kuwait dinar.0.30270 norwegian krone.6.8550 danish krone.6.241 British Pound.1.5102 German mark.1.6190 Swiss franc .1.4655 French franc.5.515 dutch guilder.1.8155 belgian franc.33.23 Canadian Dollar.1.2662 note figures Are expressed in dollars to the British Pound other currencies to the Dollar Gold quote $332.75 an ounce Silver quote $3,675 an ounce new York Exchange new York up a the 15 most Active stocks in new York Slock Exchange composite trading on monday. Stock silos list net chg. Glaxo holdings 2,981,900 22% off a ism Corn 2,770,100 51% Oft 1 Tucson elec per 2,477,900 2% up Rwjr Nabisco hid 2,052,200 8% unch at amp to company 2,036,600 51% off % Abbott labs inc 1,509,500 31% up % Merck amp co inc 1,322,600 44vi Oft % general motors 1,224,000 33% up % Synte corp 1,211,200 22% off Vic Philip Morris 1,155,400 78% up Bristol Myersq 1,131,500 67% off % Walt Disney co 1,121,900 44% up 1 % Corning inc 1,121,800 36% up % Citicorp 1,054,200 21 up % Vitro Sociedade 1,054,000 18% unch american Exchange new York up a the 10 most Active stocks in american Stock Exchange composite trading monday. Stock Salat lilt net chg. Energy service 441,500 1% up % citizens St be 312,000 5% Oft % Chambers Dev a 306,800 5 unch expo rate co la 277,400 1 3-16 unch Amdahl corp 249,500 7% off % dig icon inc 246,300 4% up % am exploration 244,400 1 9-16 off 1-16 Royal Oak mines 215,600 1 7-16 Offut Hill Haven corp 194,800 4% up % Cheyenne softer 189,300 31% off 1 % Dow Jones new York up a Dow Jones closing Range of averages monday High Low close change 30 industrials 3352.17 3297.33 3333.26 up 7.02 20 transport 1452.03 1428.26 1444.37 up 4.43 15 utilities 224.02 221.71 222.77 off 1.07 65 stocks 1217.72 1198.93 1211.00 up 162aafes planning sealed bid Sale Giessen Germany a amps a fess european distribution area will hold a sealed bid Sale Jan. 14 at the Giessen distribution Center. Sale items include motorized equipment trailers materials handling equipment and automotive parts. Persons interested May Call Morris Miller at 0641407307 to arrange inspection of items. Payments can be made with Cash or Check but in dollars Only. Id card holders As Well As non id card holders Are eligible to submit bids. The distribution Center is in building 238 at Giessen general depot. The Entrance to the distribution area is at Ober Lac Weg 3, which is the depots West Gate. Scary question of who pays hangs Over future benefits by John Cunniff the associated press new York a there May come a time when Many of the popular expectations of americans a benefits thought of As inherent to their Way of life a exceed the country a capacity for fulfilment. There Are enough hints already but the realization probably Hasni to sunk very deeply into the mass psyche of a people trained to believe that failure is temporary and Long term Success almost a Given. But there Are indications even now that some of these expectations May have to be lowered perhaps drastically and that the lowered expectations May have a profound affect on attitudes. For one thing it is Likely to be extremely frustrating for a can do people to face a can to do situation and realize that there is no Way out. It does no to necessarily mean defeat but it could mean Radical adjustments in thinking. Such As in the belief that retirement benefits Are assured. Today they Are being Cut even while retirement in the future is Likely to be an even More expensive experience. The retirement Span is growing. Industry is attempting to Cut Back on contributions. Health care costs Are rising. A Long life is an expensive life say employee Benefit consultants noting that at the end of 20 years 4 percent inflation will have lowered the buying Power of an annual $25,000 pension to $11,400. Society is also testing the ingrained belief that those who need medical care should receive it As a right. Nobody has yet developed a technique for delivering that a a rights at a Price affordable to society. Instead As science and technology push the limits of what is medically possible costs grow unchecked. Industry seeks to control costs by shifting them to employees. But the same costs apply to the jobless. Who pays for them Good health care is Only one of Many so called entitlements. Food clothing and shelter Are requirements of everyone but the number of people unable or unwilling to provide for themselves grows rather than diminishes. Who pays in recent years 40 percent of Federal outlays have been in the form of Transfer payments or entitlements such As Unema to pay $136 million for 36 Trainer air planes Lexington mass. Up the . Air Force agreed monday to extend Raythelon  contract to produce t-1a Jay Hawks and will buy 36 aircraft Worth $136 million. The planes which will be delivered from june 1994 through june 1995, represent the fourth contract option the air Force has exercised bringing the total value of Rathe on a contracts on the program to $482 million for 113 aircraft. The t-1a Jayhawk produced by Rathe on a Beech aircraft unit is used in a specialized Pilot training program for air Force Tanker and transport pilots. The aircraft is a military version of the Beech Jet 400a business Jet which can Fly up to 538 Miles per hour. Raythelon also announced monday that it had received a $23 million . Navy contract for eight of the ii an/slq-32 shipboard electronic warfare systems. Raythelon said the systems would be produced at its electromagnetic systems division in Goleta Calif. The company a contract also includes an option for a ninth system. The an/slq-32 is used to detect and Jam radar guided anti ship missiles and targeting radars. To Date the Navy has ordered 428 systems from Raythelon with a total value of $1.5 billion. Raythelon said monday that new ship construction could translate to a production potential of More than 30 additional systems Over the next five years. Japan airlines Kim plan link on european routes Tokyo up a Japan airlines will tie up with Kim Royal dutch airlines in operating its european routes next Spring a company official said tuesday. Jal will connect its Tokyo Amsterdam route with Al my a flights from the dutch capital to Madrid Spain and Zurich Switzerland. Japan a flagship airline has three flights from Tokyo to Madrid and to Zurich weekly. But in the recession the two routes lost Revenue because of declining numbers of passengers. Under the new plan Jal will keep the two routes by operating its profitable Tokyo Amsterdam route while ilm will be Able to fill its seats with passengers from the japanese airline on its regular european routes. Jal is Likely to Post a record deficit of $403.2 million for fiscal 1992 ending March 31, and it has been streamlining Money losing foreign routes the official said. In october the company launched a joint operation with the German airline Lufthansa. In that operation Jal planes Fly the Tokyo Munich route and Lufthansa picks up passengers for the hop to Berlin. In another development Japan a no. 2 airline has signed a contract with a subsidiary of Ansett australian airlines to hire some of its pilots the Kyodo news service reported. All Nippon airways said it will hire the australians for its International and Domestic routes. The first 12 will be hired in february. The company is planning to boost its Pilot strength to around 150 by fiscal 1995, because More than 60 Ana pilots will reach retirement age each year from 1996, and the company will face difficultly training pilots at its own Cost Kyodo said. Two other japanese airlines Jal and Japan air system have already introduced foreign pilots and flight attendants. Ploy Cut benefits social Security and medicare. That percentage might grow. Washington already owes More than $4 trillion and budget deficits now add hundreds of billions of dollars to it each year despite warnings and resolutions. Everyone it seems wants to Cut the deficit. It grows instead. The challenges to High expectations Arentt solely in social medical and government services. Already people have been forced to live within stricter environmental rules. The list of a a can to dose grows steadily affecting thousands of producers their employees and their customers. In housing for example. Inconceivable As it might seem in a nation with so much space it is Ever More difficult to find a spot on which to build a House. A finished lot now accounts for 22 percent of the Cost double the percentage of 40 years ago. Such difficulties constantly Challenge expectations and Force them into Retreat until remedies and answers Are found. Americans found remedies in the past but those remedies seem scarce today and the challenges  yanks Spray after illnesses Minneapolis a a National leather goods Chain recalled its leather Protection Spray monday after several Hundred customers reported that it caused headaches shortness of breath and coughing. The recall was announced by Wilsons suede amp leather inc., which operates nearly 600 stores under various names. It came As Oregon state epidemiologist Bill a conc estimated that 400 people in six states had reported ill effects from the Spray Wilson a leather protector Over a few Days. Keene said three people had been hospitalized in Oregon but were not seriously Hurt. Some people had reported tightness or burning in the Chest nausea and fever he said. He stressed that All the complaints Hadnot been confirmed but 300 came from Oregon with the others from Washington California Colorado Maine and Minnesota. Wilsons said problems were Only reported with a new formula of the Spray but it was removing All cans from its shelves asking customers to return those bought and conducting an investigation. About 350,000 cans of the Spray have been sold since last month said Paul Tomlinson a company vice president. An additional 275,000 were in stores or warehouses he said. Wilson a leather protector is used to protect leather Coats boots and other leather items. Customers should return the product for a full refund Tomlinson said. People with questions May Call the company collect at 612-541-3561