European Stars and Stripes (Newspaper) - August 09, 1993, Darmstadt, Hesse V Page 16 the stars and stripes Money matters monday August 9,1993 a i today s rates following Are fixed rates a which Community banking and credit Union facilities will sell for eign currencies to . Personnel for personal use German Mark io7 British pound1.53 dutch Guilder 1.87 greek drachma 232.5785 Nota 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 Curren cies italian lira 1,606.25 turkish lira 11,521.10spanish peseta 139.40 portuguese pseudo. 173.20austrian Schilling 12.0375 saudi rial 3.75bahrain Dinar 0.3768 Kuwait Dinar 0.3010norwegian Krone 7.392 danish Krone 6.78british Pound 1.4905 German Mark 1.7105swiss franc 1.509 French franc 5.9428dutch Guilder 1.9249 belgian franc 36.05canadian Dollar 1.292 Noto figures Aro expressed in dollars to the British Pound Othor currencies to the Dollar Gold quote $381,90 an ounce Silver quote $4,67 an ounce Delta offers frequent fliers a Chance to take the wheel by the new York times convinced that Many of its Best customers also Harbor dreams of flying Jet liners Delta air lines said Friday that it is offering frequent fliers a Chance to Trade in some Miles for a one hour ses Sion in a flight simulator. Delta has selected 6,000 of its Best customers to bid for 125 slots on the flight simulator used to train pilots in Atlanta said Clayton r. Mcconnell a Delta spokesman. An auction will be conducted by mail this fall he said. The opening bid has been set at 250,000 Miles Mcconnell said and Only those customers who log 60,000 Miles with the Atlanta based air Carrier every year have been invited to participate. They will go through a realistic pre flight briefing on controls instrumentation and the basics of How to Fly me Connell said and the flight instructor will be there with the frequent airlines regularly offer special induce ments for frequent fliers to both bolster ticket sales and use up some of those customers Miles. In december 1992, Continental airlines offered four hour ses Sions on its flight simulators in Houston for 50,000 Miles. Jon Ash the managing director of global aviation associates an Industry consulting firm said that Many people might not want to substitute a flight simulator session for a round trip ticket. But i suppose there Are a lot of peo ple around who would find a flight Simu san Francisco loses ruling on vat use san Francisco up a stat appeals court has ruled that California Law preempts a san Francisco ordinance regulating the use of computer terminals in offices. In a unanimous decision released Fri Day the court of Appeal for the 1st appellate District said the California occupational safety and health act precluded san Francisco and other cities from enacting restrictions on the use of the terminals. The ruling upheld a lower court Sorder invalidating the san Francisco video display terminal ordinance. The ordinance would have set Stan Dards for the physical environment in offices with More than 15 employees using dts and regulated the amount of hours worked and training for operators. The appeals court said state regulators had taken some actions on the subject of computer terminals or dts thus Indi Cating California s interest in setting standards for the entire state. System checks out Clifton Park . A tired of Slowpoke grocery clerks try a self serve checkout system that does t involve shoplifting. Four machines touted As unique a their maker let customers scan weigh and pay for groceries at an upstate new York supermarket. You have to go slowly at first said Mary Maksimowicz As she tried it thurs Day at the Price chopper store read the screen and take it step by shoppers Are in control pressing computer screen to deduct Coupon Dis counts and make other decisions. The machines have 55,000 items and prices on memory and also require id for alcohol purchases. The $25 000-system was invented by Howard Schneider who said it differs from similar ones used in the Midwest because his accepts Money. His machines also accept checks and credit cards. Pm secrets reportedly shredded Detroit a Volkswagen officials concede that general motors corp. Employees hired away this year to work for the German automaker brought with them potentially Sensi Tive pm documents a newspaper re ported sunday. But Volkswagen . Said it never received the pm papers because the employees shredded All the important ones the Detroit news said. Jose Ignacio Lopez do Arr Ortua who left his Job As pm s worldwide purchasing chief for a similar Post with vow in March stole secret documents on prices new models and manufacturing techniques claims pm s Adam opel . Auto opera Tion in Germany. Three deputies who followed Lopez also Are accused of stealing papers. German and . Officials Are investigating the allegations. A Jos Ignacio l6pez de Arr Ortua. Accused of stealing secrets in a statement released after a Fri Day meeting of vow s Board the Ger Man company said it never received any documents. Vow said the potentially sensitive information was destroyed in order to ensure that they were not distributed at Volkswagen the news reported. Store operator sues official to prevent jump to Macy by the new York times the operator of Bloomingdale s another department store chains filed suit saturday to Stop a key executive from taking a Job with . Macy & co., on of its biggest competitors. Roger n. Farah chairman of Merchan dising for Federated department stores inc., was offered a Job As the chief Mer chant of Macy which operates the Macy a Bullock s and i. Magnin store chains. A Federal judge in Cincinnati issued temporary restraining order that prohibits Farah from negotiating for or accept ing employment with Macy said a statement from Federated. In addition to Bloomingdale a Federated handles Abraham & Straus and seven other regional store chains. The judge also prohibited Farah from disclosing any confidential information or Trade secrets to Macy. Roger Farah is an excellent executive and has made Many major contributions to Federated the company said in memorandum to its employees. We have the highest regard for Roger both personally and professionally and we re Gret the fact that he would consider Leav ing the neither Farah nor Macy could breached for comment Macy has been seeking a chief merchant since Mark , the co chairman and co chief executive announced in april that he planned to reduce his role in the company s Day to Day operations. Farah a highly respected merchant was Macy s firs Choice to replace handler. Federated said Farah was violating the terms of his contract by seeking work with Macy. His contract which will expire june 30, 1994, prohibits him from taking a Job with any business that directly competes with Federated. Macy s competes with Bloomingdale a Abraham & Straus and Stern s in the new York and new Jersey metropolitan Region with Rich s in the Atlanta area and with Burdine in Southern the chairman and chief executive of Rich a Atlanta s Hometown department store Chain from 1988 to 1991, Farah successfully fought off expansion Effort by Macy s in the area. Lator fascinating Ash added. Philip Cunk a vice president of the travel depot International travel Agency in new York said he had instructed some of his travel agents to mention it to customers. We plugged it a couple of times and the customers just laughed at us Cunk said. Why would someone give up a vacation to Barcelona for an hour s Worth of fun Mcconnell of Delta said however that Many frequent fliers had stacked up so Many Miles that parting with half a Mil lion or so would not make a significant Dent. I guarantee Well have 125 people doing this Mcconnell said. We have people who have 5 million Britain bids of Spruce up Heff no shops London up the government proposed last week to ease restrictions on betting shops across the country allowing them to serve food have big screen Tele visions and install Clear windows so pass ers by can see inside. The moves Are aimed at giving More respectability to the shops which were legalized in the Early 1960s to inject an element of fairness into betting on horse and dog racing and other sporting events. Laws governing their operation have changed Little since then. Authorities at the time did not want to encourage the gambling and so imposed stiff restrictions on the shops allowing them to serve Only Coffee Tea and Little else. They were required to Black out their windows and limit. Television of these restrictions if they Ever made sense Are now totally out of Date and we re just asking the question generally not merely to the betting Industry but. Everybody else who has a interest what they think said Peter Lloyd Home office minister. There s another reason for improving the image of the gambling shops they have become a big source of government Revenue. Last year they earned the equivalent of about $10.5 billion with about 10 percent of the funds going tothe government in television reported. Under the Law proposed by the govern ment the gambling shops could Adver Tise serve food install Clear windows on their shop fronts and use big screen Tele visions to watch the races. Restrictions barring alcohol prohibiting Slot machine Sand refusing Access to those 18 and under would the Law does and i think quite rightly is to enable. Those who want tout Money on a race or some other form of betting. To go somewhere where they can do it knowing that the betting will be conducted honestly and safely Lloyd patrons of betting shops gave the plan mixed think a lot of people who come in and want to have a bet probably want Todo it in privacy another told the bbl. I think that Law probably would t Bea Good idea. I think it s quite Good that they Are a Little bit liked the notion of a More open wife could come in if it was a nicer and bigger shop More room to sit Down and. If they say you can have a meal that would be Nice one Man said. 1
