European Stars and Stripes (Newspaper) - January 7, 1993, Darmstadt, Hesse Page 12 b the stars and stripes a Money matters thursday january 7,1993 today s rates a following arc fixed rates at which Community banking and credit Union facilities will sell foreign currencies to . Personnel for personal use German Mark 1.59 British Pound 1.58 dutch Guilder 1.78 greek drachma a. 200.6129 Noto 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 item 1,534.25 turkish lira 8,642.00 Spanish peseta. 116.09 portuguese escudo 146.79 austrian Schilling 11.46 saudi rial .3.7495 Bahrain Dinar 0.37675 Kuwait Dinar. 0.3033 norwegian Krone 6.956 danish Krona 6.306 British Pound 1.539 German Mark 1.6335 Swiss franc. 1.489 French franc 5.57 dutch guilder.1.8232 belgian franc 33.62 Canadian Dollar .1.2775 note figures Are expressed in dollars to the British Pound other currencies to Iho Dollar Gold quote �329.25 an ounce. Silver quote $3.72 an ounce aia a c new York Exchange new York up a the 15 most Active stocks in new York Stock Exchange composite trading tuesday. Stock Sale last nil chg. Tucson elec per 6,922,100 2 i off /. Philip Morris 5,115.700 73 Woff 2 Vuk Westing Trouso Al 4,677,300 14 h Trp a a of a. K Mart corp 3,634,400 .23 vibe Carp 3,483,800 481k off Ink Sara Lee corp 2,859,200 28 Vuk of flak Rwjr Nabisco had 2,822,200 9 i off Vuk Genera motors 2,494,300 33 /. Up Vuk Owens ill nos 2,419,500 10w up /. Citicorp 2,302,300 21 /. Unch Merck a co inc 2,241,400 43 Vuk offy. Glaxo holdings 2.094,100 23 Vuk Offik Abbott labs inc a 2,015,000 29 y. Off w Chrysler corp Ford motor co 2,000,900 33 Vuk. Up Vuk 1.9b7.b00 44 Vuk up w american Exchange new York a american Stock t Heck exp Orion co i Amdahl Corn Echo Bay mines Presidio Oil a instrument sys Hll Haven corp Jan sell mtg Ivy corp. It a a the to most Active stocks in change composite trading tuesday late 1,345,600 lilt hit a. 1 off Vuk 492,100 18 to pvt Offik 432,500 7 333,300 4v. A unch 322,800 1. Up Vic 319,100 6 i up Vuk 291,400 4 up 1-18 244,600 19 /. Off h 239,200 27 w off 1 v. Sex dividend c Dow Jones new York up a Dow Jones closing Range of a a stages tuesday Low 30 industrials 3338 20 transport 1468.54 1441 15 1459.46 15 utilities 222.08 219.39 220 33 65 stocks High 1.12 327923 3307.67 clot Cheng Olf 1.35 up 5.6 Oft 1.31 1217.67 1196 83 1207.96 up 0.11 at amp to reduces Price of its videophones new York a american Telephone amp Telegraph co. Has Cut the Price of its videophone by a third and said it is talking about letting other companies sell compatible machines. At amp to s new Price is $999.99, still Well above the $750 that Sci plans to charge. The at amp to and Sci machines would not be Able to communicate with each other. Rut Stephen Clemente at amp to s general manager for videophones said tuesday that at amp to can make changes that would allow such communications. Also at amp to is negotiating with major electronics makers to sell them the right to make its version of the videophone. Business to new York apr As corporate number crunchers finish toting up 1992 earnings it appears Many companies will report respectable fourth Quarter results despite the economic weakness that lingered late last year. The Fate of a few cyclical companies whose fortunes Rise and fall with the Economy improved in the final Days of 1992. Sectors such As retailing Are expected to have Good news when they report their fourth Quarter earnings Over the next six weeks. A rebound in the. Banking business. Amid be the year s biggest turnaround Story. But some other industries deeply dependent on economic conditions notably Rise automakers Haven to turned the Corner yet and their anticipated grim fourth Quarter totals Are Likely to reflect that. Fourth Quarter figures Are also expected to show that Plant closings layoffs and other Cost cuts associated with recent corporate restructurings have begun. To pay off. A a a a. A that a not True for All Cost panties particularly some prominent ones. Headline makers International business machines general motors corp., and scars Roebuck and co. Still Haven to reaped much Benefit from their overhauls. They again will have disappointing numbers analysts expect. Those who track corporate profits said that in general fourth Quarter results will put the finishing touches on a satisfactory a it r. A Chrysler corp. Chairman Robert j. Eaton Speaks with reporters at an Auto show in Detroit on and the chiefs or general motors and Ford were to meet with president elect Clinton. Automakers to drive Home their Points with Clinton Lytle Rock Ark. Apr chiefs of the big three Domestic automakers Are eyeing the Clinton administration with optimism and a bit of wariness As they look for leadership that will help them compete globally. The automakers chief executives and United Auto workers president Owen Bieber were to sit Down with president elect Clinton on wednesday building on talks the company officials held with him last August. The executives requested the meeting and the transition team added Bieber to the list. A obviously the governor has a lot of decisions coming up. That will affect the Auto Industry and he wanted to hear what they had to say a Clinton spokesman George Steph Nopoulos said tuesday. Among the issues on which All sides have a stake japanese Auto imports health care Reform Auto fuel Economy standards gasoline taxes and a North american free Trade pact that the Union fears could drive . Jobs South to Mexico. Expected to represent the automakers were John f. Smith jr., president and chief executive officer of general motors corp. Ford motor co. Chair Man and ceo Harold a. Poling and Chrysler corp. Chairman and ceo Robert j. Eaton. The Washington Post quoting sources it did not identify reported wednesday that the Auto executives would press Clinton a to raise tariffs on imported japanese minivans. A to require increased use of .-made components in japanese cars assembled in this country to qualify As Domestic vehicles. A to negotiate a new a a voluntary limitation on car imports with Japan. Alexander Trotman president of the Ford automotive group said i tuesday that the . Automakers Are trying to speak to Washington with a More United voice. I Uel Economy safety and emissions regulations already on the books will add More than $1,000 to the average sticker Price of a new car by 1996 he said. A of 92 year More than Ever though analysts will have to read Between the lines to get a Complete picture of corporate performance. A. A. Operating income rather than after tax earnings will be the focus of attention because the numbers will be skewed by onetime charges that scores of companies Are taking to comply with new accounting rules. A if i look at operating earnings i think 1992 Wilt turn out to have been a Good year a said Hugh Johnson chief economist at first Albany corp. Quot earnings Are actually doing better than the while the Overall Economy probably grew around 2 percent last year corporate net income increased about 8 percent Johnson estimated. Ism still top gain san Jose Calif apr in the volatile Market for personal computers ism and Apple remained on top in 1992, but the real pc Winner May have been upstart Dell computer. Longtime Market Leader International business machines recorded a fall in pc factory Revenue of just under 19 percent in 1992, but still retained a slight Lead in the Market according to Dat quest inc., a san Jose Market research firm. In my a share of the worldwide pc Market fell to 12.4 percent from 16.3 percent in 1991, Dat quest said. Worldwide pc sales totalled $46.5 billion. Intel corp., maker of semiconductors that drive most ism compatible pcs grabbed the worldwide Lead in 1992 Chip sales ahead of rivals Nec corp. And Toshiba corp., Dat quest said. Apple computer Market share grew to 11.9 percent from 11.2 percent in 1991, worldwide the pc Market grew 7.4 percent in 1992, Dat quest said. International data corp., another Market research company based in Framingham mass., reported similar rankings. Spurring the growth in pcs were Strong sales of in my a value Point line of Low priced computers and apples sales of Power Book portable notebook computers and desktop macintoshes said Bruce Stephen id cd a director of hardware research. Supporting the sales was the widespread adoption among pc users of Microsoft windows 3.1 operating system and apples updated system 7.1, said Brad Smith vice president and chief analyst for data quest a pc division. Tod Sellers ism and Apple were followed by Compaq computer corp., with a 6,6 percent Market share and Nec with 54 percent. Dell computer corp. Jumped into fifth place from Lith a year earlier. Dell has pioneered the direct sales and Toni me Telephone services that Are now being adopted by other producers. Many of the newer pcs being sold Are powered by 486-level microprocessors developed first by Inte but also manufactured by others. The More powerful chips allow applications and Complex software programs including the new multimedia mix of audio video and interactive computing. Intel the Industry Leader in Chip development plans to introduce its latest i coprocessor the pentium this year
