European Stars and Stripes (Newspaper) - January 6, 1993, Darmstadt, Hesse Wednesday january 6, 1993 Money matters the stars and stripes 8 Page 17 today a rates following Are fixed rates at which Community banking and credit Union facilities will sell foreign currencies to . Personnel for personal use German Mark 160 British Pound. 1.56 dutch Guilder 179 greek drachma 208.6129 note tie rates above apply with tha Host country. Figures Are expressed m dollars to the British Pound other Curte Neles to the Dollar following Are Interbank rate that fluctuate and should be regarded As the approximate value of the u a Dollar to foreign currencies. Italian lira 1,536.00 turkish lira. 8,646.90 Spanish peseta 116.84 portuguese escudo 147.78 austrian Schilling 4e�se��saeseee 11.525 saudi rial 3.7495 Bahrain Dinar. 0.37675 Kuwait Dinar a a 0.30365 norwegian Krone 7.017 danish Krone 6.351 British Pound 1.532 German Mark 1.627 Swiss franc 1.476 French franc. 5.578 dutch Guilder. 1.8265 belgian franc 33.55 Canadian Dollar 1.2767 note figures Are expressed in dollars to the. British Pound other currencies to the Dollar Gold quote $320.75 an ounce Sliver quote $3.68 an ounce e new York Exchange new York up a the 15 most Active stocks in new York Stock Exchange composite trading on monday. Stock sales last Nat dig. Tucson else per 4,148,300 2ft off i ism corp 3,552,400 50vs off i Owens Illinois 2,930,200 10ft up it Merck 4 co inc 2,695,000 43ft up it Citicorp a. 2,564,700. 21 it offt Public Sec Colo 2,449,500 26vi unch Glaxo holdings 2,293.900 23ft up it Weston Giouse Al. 2,178,700 13ft up it at4t company 1,858,900 50ft Oil it toys r us inc 1.792,600. 38ft Oft 1 it Philip Morris 1,724,200 76ft off it k Mart corp 1,716,300 24 off it general motors 1,695,300 32ft up it Rwjr Nabisco hid 1,627,000 8ft unch Abbott labs inc 1,512,300 30ft unch c american Exchange new York up a the 10 most Active stocks in american Stock Exchange composite trading monday stack sate last Natch. Chambers Oev a 1,288,400 6ft off it Amdahl corp 505,200 7ft off it Echo Bay mines 360,000 4ft off 316 Tel 4 data sys 358,400 38ft off 2 Jan bed mtg 348,700 19ft off it Cheyenna sorr 328,200 30 off it citizens St be 309,500 5ft unch Bergen Brunswig 290,000 21ft off it Hasbro inc 240,200. 32ft off it Nabors Industry 234,000 6ft 1 unch Dow Jones new York up a Dow Jones dosing Range of averages monday High Low close Chengos .30industrials. 3335.69 3282.74 3309-22 up8.11 20 transport 1462.70 1441.15 145384 up 4,63 15utilities 222.71 220.08 221.64 up0.62 65 stocks 121620 119809 1207.85 up 3 30bamberg plans Sale of used equipment Bamberg Germany a amps the Bamberg cafes Exchange will sell used items thursday including office and restaurant supplies. Offered for Sale will be used refrigeration equipment office furniture restaurant equipment and supplies and other equipment. The Sale will be held at the Bamberg Panzer cafeteria in building 7011 at Warner Barracks. The Sale runs from 9 . To noon for id card holders and from noon to 3 30 . For the Public. Purchases must be made in Cash dollars or Marks. Washington a the Swiss were the War adv top wage earners in 1991, according to the world Bank. The Bank a 25th annual report says Swiss residents received the equivalent of $33,510 a year in 1991, compared with $22,560 for . the United states ranked 10th in per capita earnings behind Switzerland Luxembourg Japan Sweden Finland nor. Way Denmark Germany and Iceland. The poorest countries arc in Africa where the average yearly income is $70 in Mozambique $100 in Tanzania and $120 in Ethiopia. But Africa has a relatively sparse population and nearly half the worlds poor live in South Asia a Large proportion in India where the average income dropped from $360 in 1990 to $330 in 1991. Overall the report lists 56 areas from Argentina to Zambia where the average income declined Between 1980 and 1991. The Bank calculates its wealth comparisons by taking a country a Gross Domestic product and dividing by the population. The Gap is the sum of ail goods and services produced by an Economy. Dealing with the environment for the first time the report looked at the value of goods produced in 1990 per kilogram of Oil or equivalent fuel burned. The measure is based on the premise that the less Oil and Coal a country Burns the less it most efficient producers among the Industrial countries were a Denmark which produced $7 Worth of goods for every kilogram of fuel used in 1990, a Italy at $6.90, a a am Hapan at $6.7 1. The United states was Well Down the list producing Only $2.80 Worth of goods for each unit of fuel. The world Bank founded at the end of world War ii has 172 member countries. Its publication includes statistics on 200 nations. Hot Rod for the �?T90s the Plymouth prowler a two door aluminium concept ear that harnesses 240 horses is unveiled by Chrysler corp. At Auburn Hills Mich. The Hood has a 3.5-liter, 24-valve v-6 engine and a rear mounted transaxle. Atlantic City a casinos report record profits Atlantic City . A Atlantic City a 12 Casino hotels won $3.22 billion from gamblers in 1992, an Industry record for a 12-month period the Casino association of new Jersey said monday. The figures represented a 7.5 percent increase Over the previous year when the gaming Halls took in $2.99 billion in Gross Revenue said association president Thomas Carver. A we attributed much of the increase in Revenue to legislative changes which enabled the Industry to offer our patrons 24-hour gaming and More Slot machines a Carver said. In december the gaming Halls won $209.9 million or a 2.9 percent increase Over the december 1991 Gross Revenue figure of $204 million. Safety defects Force Early closing of Oregon nuclear Power Plant Portland Ore. A the Trojan nuclear Plant was shut Down permanently monday three years ahead of schedule because of the costs to Correct safety problems the plants owner said. The Plant on the Columbia River about 40 Miles Northwest of Portland has been closed since nov. 9 after a cracked steam Generator tube led to the release of two radioactive gases a Krypton and xenon a into the atmosphere. The Board of directors of Portland general electric co., the plants opera Tor voted unanimously monday not to reopen the Plant. About 700 of the plants 1,300 workers will be Laid off by years end. A to those people id like to express my personal sadness that we could not find another alternative to this solution a Page chairman Ken Harrison said at a news conference. J workers were told of the decision monday afternoon. A none of us really believed it would come to that a Engineer Mary Jane Ross said. A so orc of us were pretty about 200 temporary and contract workers with less than one year of service will lose their jobs by the end of january. In August Page announced that the 1.1 million kilowatt Plant would close permanently in 1996 because of microscopic cracks in steam Generator tubes. Harrison said the decision to move up the closure Date was based on economics. He said $40 million to $60 million would be saved by closing Trojan Early. Milken begins 2-month Halfway House stay los Angeles a Michael Milken the financier who fell in Wall streets biggest scandal began living at a Hollywood work furlough Center monday after his release from Federal prison. The former Drexel Burnham Lambert inc. Executive served 22 months of a 10-year term for securities fraud and other violations at a Minim insecurity work Camp near san Francisco. He will spend two months at the Halfway House and three years in full time Community service. A with the Start of a new year i begin a new phase in my life a Milken said in a statement. ,. 1 will do my Best to make a worthwhile contribution to the Milken plans to conduct educational work and establish a Cable to Channel with top teachers leading televised classes said Lorraine Spurge a Friend and aide. In prison Milken set up a program to Tutor inmates for High school equivalency tests. He was Active in educational affairs before his Legal troubles. Milken 46, will be released from Vin Wood Community correctional Center in Hollywood on March 2, Spurge said. Milken almost single hand edly created the High yield junk Bond Market once valued at $200 billion and was a controlling Force in the 1980s takeover Boom. None of his admitted crimes involved the junk Bonds he had promoted or insider trading. Milken paid More tha Ftp billion to the government and to compensate injured investors but retains a family Fortune estimated in the hundreds of millions
