European Stars and Stripes (Newspaper) - November 04, 1993, Darmstadt, Hesse Page 12 the stars and stripes Money matters thursday nov Masr 4,1993 i i today s rates following Are fixed rates at which Community banking and credit Union facilities will sell for eign currencies to . Personnel for personal use German Mark 1.65 British Pound Wisz dutch quitar. 1.09orach drachma. 236.1411 country. Figures Are expressed m Dollar to Tow British Pound. Of cd currencies to the Doltar. Following Are Interbank rate that fluctuate and should be regarded As the approximate value of the . Dollar to foreign Curren cies italian lira 1,641.00 turkish lira 13,099.40spanish peseta. 135.75 portuguese pseudo. 174.62austrian Aehl Ling. 11.945 saudi Royal 9.7802 banal of Dinar. 0.37661 kuwaiti to ulnar. W.zv9norwegian Krone. 7.3735 danish Krone. 6.7875british Pound 17�3 German Mark. 1.698 Salsa franc. 1.504french franc. 9.92 dutch Guilder. 1.9107 belgian franc. 36.34canadian Dollar. 1.3075 note figures Are expressed in dollars to tote British Pound other currencies to Tow Dollar Gold quote $363.00 a ounce. -. Silver quote $4.21 a ounce y Dow Jones new York up Dow Jones closing Moo averages tuesday a left Lew Cotoia wite 30 Industrial _ 3724.75 3656 00 3697.64 up 5 0320transport ihj7j 172472 17340 of?3m 15 utilities 24077 23596 237.87 off 3.306& stocks 1381.11 1357.64 137092 off 2.74 Mcdonald s testing Gas station outlets Oak Brook Iii a Mcdon Aid s corp. Said tuesday that it has opened five outlets at Gas stations in its continuing quest to put burgers where the buyers Arev the kiosks and counters located in or beside convenience stores Are the latest test of a marketing philosophy that also has placed Mcdonald s in hospitals Wal Mart stores airports and air planes. It s just an evolution of going nowhere the customers Are spokesman Chuck Ebeling s opened the outlets this year at a Texaco station in a cube Shell stations in Naples Fla. An Amoco station in Indianapolis and Mobil station off the Massachusetts Turnpike near Springfield mass. Rogers roasters to expand abroad fort Lauderdale Fla. A Kenny Rogers roasters has signed an agreement with a Cyprus based company to expand the Chain of roasted Chicken restaurants into the Middle East North Africa and Eastern Europe. Mcd Vest Sabi International Ltd. Paid$1 million for the right to develop 126 franchises Over the next 10 years Accord ing to a statement tuesday. Historically Consumers in our markets Are very familiar and comfortable with rotisserie prepared Foo of said add saudi of Mcd Vest Sabi. Roasters chairman John y. Brown who founded the company with entertainer Kenny Rogers in 1991, said we Welcome the Opportunity to expand into the Middle East and look Forward to substantial growth in these emerging carpet firms seek to counter fear of fume caused Atlanta a besieged by complaints that fumes from new carpets make people sick a leading Industry group said it is devising a Label to inform Consumers How to protect themselves. At the same time the carpet and Rug Institute in t acknowledging that any carpet is unsafe. This is not a warning Label because there is nothing to warn said Ron Vangelderen president of the group rep resenting manufacturers of 9 percent of the in the United is a const Rmer information Label that fits into a continuing program of consumer � while the Label s wording has t been finalized it will Likely emphasize com Mon sense tips such As opening windows to improve ventilation for about three Days after installing carpeting the Institute said. the Federal consumer products safety commission has received hundreds of complaints of respiratory and nervous ail ments blamed on carpeting. They include flu like symptoms such a weakness achy joints and congestion. Some people report More serious prob lems such As nosebleeds and dementia. Critics fear that carpet fumes could be especially harmful to toddlers who spend hours playing on the floor. A number of state attorneys Genera also have criticized the Industry and a class action lawsuit accusing three Georgia carpet manufacturers of concealing health risks is pending in Phila Delphia Federal court. About 70 percent of the nation s carpet is made in Northern Georgia. Among the More vocal critics of the Industry is rep. Bernard Sanders an inde pendent from Vermont and the Label i being prepared in conjunction with his office. An aide to Sanders praised the Industry group tuesday for voluntarily agreeing to write if. Last year we tried to work on the Issue on two fronts to get the Epa environmental Protection Agency an consumer products safety commission involved said Debbie Bookchin spokeswoman for Sanders. The Nice thing is though the govern ment has been kind of slow we re finally working with the carpet Industry to re Spond Bookchin said she understood the Label would acknowledge there can be under circumstances times when individuals will experience Adverse re actions to new last year the carpet Industry began different Labelling program showing that carpets had passed a test to ensure that certain chemicals byproducts of the manufacturing process were within a Industry set safety level. Critics including Sanders said the so called Green tag program falsely assured Consumers that carpeting is Safe. Sanders has based much of his criticism on tests conducted by Anderson laboratories of Boston. Anderson found that several mice died and others had Sei zures after breathing warm air blown Over carpet samples that had made humans sick. The Epa has been unable to replicate the findings though and the carpet Industry has dismissed the Ander son results. However a Are aware that the pub Lic. Is Soni Wiat concerned by recent news Media reports about flawed scientific experiments Vangelderen said. Get set for we Nef Warner says Burbank Calif. A television can support just one More broadcast net work Warner Bros executives said tues Day and confidently predicted that their new we network will be it. Warner jockeying with Paramount communications to win the affiliation of Independent station owners said it will launch we network next summer with two hours of. Prime time programming one night a week. Eleven to station groups led by trib Une co. And representing 40 percent coverage of the country have agreed to join the network. It will be headed by Jamie Kellner who helped create the Fox network seven years ago. There is Only room for one More net work Kellner told a news conference tuesday. There is no Way there is Roo for Warner owned by time Warner inc.,and Paramount Are competing for affiliates. Paramount plans to launch a networking january 1995 with four hours of pro Grams Over two nights. We s debut next summer will be Fol Lowed by the addition of another night by january 1995, Kellner said. In its second year the network will add two nights of prime time five hours of daytime weekday programming and fou hours of saturday morning programs. The five year Roll out ultimately pro Vides for about 10 hours of daily programming including children s cartoon Sand original series. Tribune said its television stations inner York. Los Angeles Philadelphia Jamie Kellner left and Robert Daly Warner bras chairman and ceo unveil in Bur Bank Calit the logo for the projected we network headed by Kellner. Atlanta Denver and new Orleans Whf become affiliates of the we network. Tribune said it has not decided whether its Chicago based Cable superstition win will participate. Independent stations Are considering joining a new network because they need to secure a stronger identity in the projected so Channel to universe. The big studios eagerness to create networks also comes from regulator changes that will give networks More financial incentive to produce their own programming. In 1986, Fox became the first new broadcast network in More than four dec now competes profitably with the three established networks Abc Cusand Abc. Lincoln bailout to Cost extra $800 million los Angeles a the demise of Lincoln savings and loan association the biggest Thrift failure in the nation history will Cost . Taxpayers $800 Mil lion More than was previously reported. The Resolution Trust corp. Now Esti mates the Cost of the Lincoln bailout at $3.4 billion said Felisa Neuringer a spokeswoman for the Federal Agency. The previous estimate was made when the Etc which oversees the liquidation and bailout of failed thrifts closed their Vine based Lincoln and sold its deposits to great Western Bank in 1991. The higher figure first reported Sun Day by the los Angeles times reflects lower than expected Sale prices for some of Lincoln s assets lower than expected prices for assets still to be sold ail Flontis suing liquidation costs Neuringer said. Charles h. Keating jr., who headed Lincoln s Parent company Phoenix based american Continental corp., is serving time after being convicted in California for defrauding investors and in Federal court for racketeering conspiracy fraud
