European Stars and Stripes (Newspaper) - February 26, 1993, Darmstadt, Hesse                                Page 12 the St aps and stripes Friday february 26,1093 a today a Bates of a following arc fixed rates at which Community banking and credit Union facilities will sell foreign currencies to . Personnel for Persona use German mark.1.59 British Pound.1.47 dutch qullder.1.78 greek drachma a a a a a a my 212.9681 not the ret above apply or Tenn the boat country. Figur Art expressed in Dollar to the but blah Pound other Curron daa to in Dowar following Are Interbank rates that fluctuate and should be regarded As the approximate value of the . Dollar to foreign currencies. Italian lira a a a a a a a a a a a a a a a a a a a a it 1,574.24 Turkla lira 9,101.30 Spanish peseta  116.75 portuguese escudo a a a a a 149.40 austrian Schilling a a a a a a a a a a a a a a a a 11.434 saudi rial a a a a a a a a a a a a a a a a a a a a 9.7501 Bahrain Dinar be a a a be a 0.37675 Kuwait Dinar 0.3065 norwegian Krone a a a a a a a a 6.938 danish Krone. 6.2315 British Pound. 1.4317 German Mark 1.634 Swiss franc 1.512 French franc. 5.55 dutch Guilder 1.838 belgian trans 33.57 Canadian Dollar .1.2535 not figure re expressed in Dollar to the British Pound other cur Rendo to the Dollar Gold quote s329.rs�n ounce. Silver quote $3.5� an ounce. New York Exchange new York up a the 15 most Active stocks in new York Stock Exchange composite trading on wednesday a Leek i Alee lest. Netchy. British petrol 9,721,700 48</� off it Chrysler corp 5,921,900 36ft up 2ft Philip Morris 5,392,500 66ft up 2ft Rwjr Nabisco hid 5,323,400 8ft up it Merck $ co inc 3,875.800 38ft up it Rwjr Nabisco pop 3,294,900 9ft up it Johnson sch non 3,259,300 42ft up 2ft Abbott labs inc 3,160.900 26 up 1ft Bristol Myersq 2.989,000 57ft up it at&7 company 2,962,800 56ft up Ift Home depot inc 2,812,700 63ft up 3ft Union Carbide 2,745,100 17 up it Telefoni Soemy 2,658,500 47ft off it Texa utilities 2,476,500 46ft up it Glaxo holdings 2,474,300 18ft off it l american Exchange new York up a the 10 most to Active stocks in american Stock Exchange composite trading wednesday. Hock Lelei last Netchy. Hill Taven corp 1,106,200 2 13-16 up 3-16 Royal Oak mines 1,054,600 2ft off it Iva corp 756,300 24 a up 3ft am exploration 540,600 1 5-16 off it Echo Bay mines 517,000 5ft off it Hasbro inc 462,200 29ft up it Ich corp 408,200 5ft up it Nabors Industry 407,300 7ft up it Elan corp Pic 355,500 30 up 1ft Forest labs inc it 288,700 31ft up 2ft Dow Jones j new York up a now Jones closing Range of averages wednesday High Law Cotoia change 30 industrials 3371 89 3311.92 3356.60 up 33.23 20 transport 1510.45 1471.16 1506 21 up 23.56 15 utilities 24099 237.73 239.98 up 0.43 65 stocks 1251.01 1226.39 1246.07 up 12.97 Coke reaches Deal to expand in China by the new York times the coca cola co. On thursday expanded its status As the worlds leading soft drink producer by signing an agreement in Beijing to build or upgrade 10 bottling plants in China. The Deal with the chinese government will enable coca cola to move Well beyond the coastal regions of China where it has had a relatively Strong presence and build what it Hopes might become one of its largest National markets. Roberto c. Goizueta coca Colas chairman and chief executive said wednesday that the company would invest $150 million in China Over five years. 1 % of a amp a Money less to repaid in plea bargain cases Washington api More than 100 savings and loan defendants who escaped Long prison terms in Exchange for making penalty payments have repaid less than a half cent per Dollar on Legal commitments of $133.8 million records show. Some defendants a and some government officials a readily acknowledged there is Little Chance the 109 convicted a amp a figures who received plea bargains will Ever repay the huge fines and restitution. Quot the restitution orders in these cases Are thrown around like there Are Nickels and dimes involved Quot said Woodrow Brownlee former president of Dallas based Commodore savings association. He has repaid just $3,000 of the $1 million in restitution ordered in a plea bargain that spared him any prison time. When asked about his slow repayment Brownlee who earns about $15,000 per year in commissions from a sales Job pounded on his calculator. Quot lets a in a 53, and lets say i have a life expectancy of 75 years. That works out to $47,500 per year a Brownlee said. Though prosecutors can try to revoke probation for defendants who fail to pay up the Justice department has forgone a get Tough approach and left it instead to overburdened probation and parole officers to collect the Money George Calhoun a senior Justice department prosecutor said an aggressive approach would do Little because Quot in a Good number of the cases. They be pretty Well been stripped clean by the time they get to  attorney Christopher Cannon who delinquents amp a defendants amounts listed by the associated press the five largest unpaid fines and restitution orders Given to savings and loan defendants who struck Pica bargains in Federal court. Includes name Hometown length of prison sentence amount of monetary penalty amount paid through july 1992, and thrifts involved. The source is a Justice department document. A e. Frank Cisch Long Beach calif., three years $19,950,943, $0, puget sound National Bank Tacoma wash., and thrifts in six other states a e. Michael Sheheen Camden s.c., 9 years $11,849,507, $0, Bui amount mortgage co. Of Camden and other institutions. A Gerald Chemero Brielle ., one year $10,788,873, $0, City Federal savings Bank Jersey City  A Larry g. Frankenhauser san Juan Capistrano calif., two years three months $9,972,500, $0, puget sound National Bank and institutions in six other states. A James r. Cruce Salina kan., 14 years $8,000,000, $0, Peoples heritage Federal savings and loan association of Salina. Represented the head of a san Francisco Thrift convicted try trial of misusing funds in 1990, said the fines Are Quot unenforceable Quot and Quot do nothing More than give the appearance of government action. A cannons client Ted Musacchio was Given five years probation and ordered to pay $9.5 million in restitution to his former Thrift. Musacchio paid less than $1,000 before dying of cancer last month. Quot he had Zero assets and everybody knew at the time of sentencing that he had no assets Quot Cannon said. A Justice department document obtained by the associated press shows Musacchio and Brownlee Are far from alone. Overall the government has recovered just 4.5 percent of the $846.7 million in fines and restitution orders assessed in the 2,603 a amp a criminal cases from october 1988 through the end of 1992, according to the general accounting office the investigatory Arm of Congress. And the recovery rate for defendants involved in plea bargains is a minuscule 0.43 percent $577,540 of $133.8 million an a analysis of the Justice document showed. The a studied court records from California Florida Texas new York new Jersey Iowa Oklahoma North Carolina Arizona Louisiana Missouri Oregon Virginia and Pennsylvania. More than two dozen plea bargain defendants listed in the Justice report escaped without any prison time at All and those who did serve time spent fewer months behind bars on average than car thieves the a review found. The average prison term for an a amp a convict is 21 months while the average car thief convicted in Federal court spends 28 months behind bars. Economy still fragile Greenspan says by the new York times Washington the Economy a momentum is still not Strong enough to be self sustaining Federal Reserve chairman Alan Greenspan says. Greenspan told Congress on wednesday that Quot the Basic momentum of the recovery was not yet secured because of cuts in military spending and strains created by Large business and household debt. Nonetheless he forecast moderate growth for 1993 and said new data Sug cd std the Economy grew More in the fourth Quarter of 1992 than the 3.8 percent the Commerce department originally reported. Quot the prospects Are reasonably Good for continued economic growth and declines in unemployment in 1993,&Quot he told the House budget committee. For the third time in less than a week Greenspan praised the Clinton deficit re duct Ion package but he told Congress that additional deficit reduction Mea sures would be needed because he foresaw the budget deficit rising after 1997. Quot the Case for bringing Down the structural a a or underlying Quot budget deficit is compelling Quot he said. Quot the deficit has for some time been eroding the foundations of our economic.  failure to approve a major deficit reduction plan he said will ultimately undermine the nations living standards and Levels of investment. He said the Best Way to reduce the deficit was through spending cuts he fears that if taxes Are increased spending will be allowed to Rise in tandem. Greenspan said the package the Clinton administration Ana banking Reguia Greenspan tors were working on to encourage More lending should help reduce the so called credit crunch. The plan which administration officials said will be released in a few Days will aim to Spur lending to Small business by reducing paperwork imposed on Banks and by making it easier for financial institutions with a Strong capital base to lend to entrepreneurs based on their character rather than on their collateral or credit history. The plan is also expected to make it easier for Banks to Appeal unfavourable decisions by banking examiners. Quot the results to Date in trying to break the Back of this credit crunch have not been acceptable Quot he said. Quot there has been some improvement but clearly nowhere near enough. A the major problem we have Here is fear on the part of Bankers and that is not easy to resolve a Microsoft denied trademark on windows new York apr the Federal government has tentatively denied the Microsoft corp. A trademark for the ubiquitous word Quot windows Quot the name of micros to a Best Selling computer software. If upheld the preliminary decision by the . Patent and trademark office could Hurt the company s ability to fend off imitators of its widely used operating system the new York times reported thursday. Microsoft plans to Appeal the decision. Microsoft based in Redmond wash., developed windows largely to make ism compatible personal computers As easy to use As Apple computers macintosh models. More than 12 million copies of windows have been sold in the last year. Microsoft wants to require programmers who create software for windows to obtain licenses that give Microsoft some control Over the contents of the programs the times said. But opponents contend the software giant is trying to prevent other companies from using a word that is As common As other terms  As Quot Light Beer and sudsy ammonia a that have been rejected by the Patent office. The Federal Agency issued a 31-Page letter last week that said Quot the evidence clearly demonstrates that the Public understands the term a windows to mean a Genus of goods namely computer software which utilizes windows on a computer screen Quot the times said. Jonathan Lazarus vice president for strategic systems at Microsoft told the limes that the company believes the word Quot windows Quot has become inextricably associated with Microsoft a product