Discover Family, Famous People & Events, Throughout History!

Throughout History

Advanced Search

Publication: European Stars and Stripes Saturday, January 30, 1993

You are currently viewing page 16 of: European Stars and Stripes Saturday, January 30, 1993

     European Stars and Stripes (Newspaper) - January 30, 1993, Darmstadt, Hesse                                Page 16 b the stars and stripes Money matters saturday january 30,1993 today s rates following arc fixed rates at which Community banking and credit Union facilities will sell for sign currencies to . Personnel for personal use German mark.1.55 British Pound.1.53 dutch Guilder .1.74 greek drachma .205.0981 Nofo the Rato Abov apply a thin the Host country. Figures Ara expressed m Ottar to to British Pound other currencies to the Dollar following arc Interbank rates that fluctuate and should be regarded As the approximate value of the . Dollar to foreign currencies italian lira. 1,482.52 turkish lira. 8,733.90 Spanish peseta. 113.50 portuguese escudo .144.33 austrian schilling.11.1675 saudi rial.3.7495 Bahrain dinar.0.37675 Kuwait Dinar .0.3043 norwegian Krone. 6.768 danish Krone.6.134 British Pound 1.4885 German Mark 1.6115 Swiss Irene. 1.4865 French franc. 5.34 dutch Guilder. 1.8105 belgian frane.33.08 Canadian Dollar. 1.2705 not figure Ere i Prossos in Doti Art to the British Pound other currencies to the Dollar go Ltd quota 1330 50 an ounce Thror quote. 1370 an ounce new York Exchange Quot Quot How York up a the 15 most a it stocks m fit York Stock Exchange composite Trail my on Thor Siviy Stock. Sale Lett set Chi wet Pont a St 8 937700 3355 until Tucson yes per 8,458,800 3vi Ruth service merch 5.158,300 11v of Tjuk Tenet typos of me 4,312709 52 Oft 3v% Amer Epresi co 3,603,200 22h Etta Mysto Roulic 3.476.800 56�?Tk Eft a of corp 3.095,400 50vi up i Western 3,086,400 8h apr a corp 2,904.700 26 Eft i raft Sitiaco hid 2.600,100 8% up i Merck 4 co inc 2.574.000 40vi up i or Pepper cos 2.506.100 16-Ti to Cut Compaq compter 2,299,900 52vh pfl2v, in tet Myrr so 2,131,100 59h o ? i  2,026,800 53 i it i american Exchange Kew York supt a the 10 most Active Stock in arts ctn Stock Etc Fajr a composite trading thursday stack Lafe us net chg wtn.3 Liss he 9 3,774.800 ims up a it Ama Alcor 1.499700 8vi up i t Jofh a Cap 700.200 7vi cd h Cheyenne set it or 475.600 30vi up a Neel Nechema 458 600 14 i up i err wound Les 383 000 12h to v. Mpg comr 387.900 8i Oft i were Dorp arc 337.400 6 up i 15 amp suck rce 282 a a 9 up i v. Yen to a 264 so 29 a Quot h Dow Jones m4 Ycek of i May a v Eri test is High Lee Crew cake be 30  3327 66 3270 56 via 25 up 14 k 2qt Rupi Quot or 5 3 24 1482 44 1496 95 up 2 82  276 96 226 02 225 50 0 62 �5  1223 53 12cs 96 1221 40 up 4 31 things go better at Coke profit up a i la it a i i i he coca cola  said thurs Aljy that us fourth Quarter rufa Rove 11 s percent to %vht.6 million or 31 cents a share compared with so pm million or 26 cents a , it the fourth Quarter of if>7. Revenue grew to s.v2 Biliman from <29 in i Ion 1 or the Var prof  17 �5 Perceil to ,9 billion or is 45 a share compared with is o Koimn or is 21 a Chare m pm. Revenue c s11 6 billion. 1 to a fed chief backs Clinton goals of spending cuts tax increases Washington of Federal Reserve chairman Alan Greenspan a endorsed president Clinton s deficit reduction goals and said Long term interest rates would fall dramatically if they were met. After a White House meeting with Clinton Greenspan told lbs Senate budget committee on thursday that the new administration s program appeared to be in line with changes the fed believes arc necessary to Cope with the Economy s problems. Clinton will in act 1 the plan feb. 17, Greenspan said the fed s target for the Economy Quot docs not differ from the goal the new president is carrying Forward in hts program Quot he said that if financial markets perceive that the combination of tax increases and spending cuts needed to reduce the deficit were credible then it would result in an immediate drop in Long term interest rates if said the resulting decline in Home mortgage rates and corporate financing costs would stimulate the Economy far More than any Short term program Congress could enact. The new administration had been seeking Greenspan a endorsement of its program of modest economic stimulus this year followed by tax increases and spending decreases to Cut the deficit by $145 billion by 1996. The deficit is expected to hit a record $327 billion this year. Asked How much the deficit should be general support for the new adm Nistra Cut Greenspan said the $145 billion goal Tiona a economic goals mentioned by Clinton was not Quot off base Quot the administration is anxious to re for a figure the markets would consider a civic Greenspan s Seal of approval by credible. He said More important than the specific Dollar amount of deficit cuts was the need to Quot hard wire Quot the savings by changing Lam to ensure the deficit cuts were realized. The new administration seeking to engender a new spirit of cooperation with the fed invited Greenspan to the White House on thursday for a meeting with the president and his top economic team. Cause of the weight such an endorsement would carry in financial markets. So Clinton aides have worked hard to keep Greenspan informed of their Progress in developing a program. Greenspan met Jne with. Alone with Bentsen on wednesday resuming weekly meetings Between the fed chairman and the Treasury Secretary. Clinton is scheduled to unveil both his Short term stimulus package and his Long term plan for cutting the deficit Dur referring to thousands of new layoffs a Junt session of Congress on feb. Announced this week by some of Ameri a cars biggest companies Clinton said congressional democrats on wednes Quot there to aim a lot of troubling news Day continued to press Greenspan for about lost jobs. We be got a lot of work to pledges that he would not push interest do Quot Rales higher later this year if economic Clinton had his top economic advisers n. Oyd director Leon Fanetta and Robert in attend the session. They included Treasury Secretary Lloyd a Bentsen budget Rubin head of Clinton s new National Fco nordic Council the White House group that is supposed to coordinate administration economic policies Clinton spokesman George Stephano Poult characterized the meeting As a Quot Good general discussion on the economic conditions we face right now and the goals for the future Quot he said that Clinton was Quot very gratified Quot with Greenspan s indication of growth picks up. Senate budget committee chairman Jim Sasser said he was worried that if the fed begins tightening credit because of worries that faster growth will trigger inflation this move could kill the recovery. Sasser d-tenn., said Greenspan must be mindful of the possible Adverse effects on Clinton a economic program if he fails to Cut interest rates further. Quot no action More baby Steps or worse monetary contraction will without a doubt in my mind Lay a killing Frost Over the economic Spring that president Clinton is trying to Force a Sasser said. Japanese demonstrate electronic translation by the new York times Kyoto Japan or. Toth Iyul Takizawa sat Down at a Bank of powerful computers Here thursday afternoon and spoke into a microphone. A Emo ii Moshi a a he said. Instantly the computer whirred to life furiously digesting and analysing this morsel of japanese twelve seconds later and half a world away a computer in _ a Ezawa i _ _ Ash. Quot hello Quot it electronic voice. Pittsburgh spoke conveying Tat message in English Quot hello Quot it said in its not As dramatic As Bell s first Call to Watson perhaps. But that simple Greet ing began what researchers Here describe As the first Public demonstration of an overseas Telephone conversation s being automatic Al translated from one language to another such a capability a u Tomat in Ter put t. Which Enz inters Call Adeph if j h been a Long sought goal of , who see it As a was of overcoming language barriers a. The Day of being Able to dial up anyone in the world and Chat freely u probably two decades or More away researchers say but they think that by the end of this decade interpreter telephones  be used for limited applications such As making travel reservations. Quot today s Experiment is j it one my tiny step a said in Sci Habara executive vice president of the and armed telecommunication research  in Erna Liovvi the japanese research Center Tokyo that conducted the demons tracer Quot but we Tomk Hoter port ant  s to show for. F i k 4 a much More fundamental problem with the test system is that conversation must be limited to a very narrow topic in this Case registering for a conference. And the vocabulary is limited to Between 500 and 700 words to make it easier for the computers to recognize what was said. During thursday s test the computer understood the sentence Quot it costs two Hundred dollars per person but it would not have been Able to handle a variation Tuch As that la be two Hundred Bucks a Hadl Quot moreover the speakers had to uce grammatical sentences. To keep the peckers within these unnatural boundaries the conversations were a opted. The computers to their c r e it me de r s Tood so n fences spoken at a Normal or near Normal  and flawlessly translated such san Quot the proceedings and the Rem Are included in the application Cep Over 4 i f off 1 her Verj. S test was the result of an  a  involving Jad at it Institute Carnegie Mellon n Lottsburg and a team front it Siemens a and Karlsruhe in Quot As  no sen res of trom or  Ord or pro. E co. R urn., a o w. A Quot to g time t s e Jermary. I he German pay cd m the demonstration Werc the German speaker in a acts Soj  of a a it a it  a Stem. Of partic who often  Page other /  Erp Reta St to the japar., a researcher in Kyoto Japan linked with Pittsburgh operates a computer in a Telephone translation test. The at Institute which is 70 percent financed by Japan a government and 30 percent by corporations has spent 16 billion yen or about $130 million on a seven year interpreting telephony project including the costs of facilities and equipment. That project is now coming to an end although the Institute Hopes to win financing. For a new one to continue the work. I inflation involves three different technologies All of which Are difficult in their own right a speech recognition translation and speech synthesis. When Takizawa an Institute researcher spoke a sentence in japanese a computer work station Analysed the sound patterns and converted the speech into japanese text a process called speech recognition  
Browse Articles by Decade:
  • Decade