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Publication: European Stars and Stripes Thursday, November 11, 1993

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     European Stars and Stripes (Newspaper) - November 11, 1993, Darmstadt, Hesse                                Thursday november 11. 1993 Money matters the stars and stripes Page 15 a i today s rates i following afe 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 1.51 dutch Guilder 1.84 greek drachma a a a a a a a a a 236.3936 not the rate above apply of than be Dost country. Figures Are pressed 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  1 850�s0 turkish lira 13.217.40 Span Lah peseta. 135.68 portuguese a Acuto 173.20 austrian Achl Llang. 11.897 saudi Riyal 3.75 bahraini Dinar 0.37681 kuwaiti Dinar 0.2985 norwegian Krona be meet 7.367 of Ansti Krona to 6.75 British Pound a a a a a a a a is 1.47 Gorman Mark 1.6905 swim frail a a a a a a a a a a a a a a a a a a a 1.491 franc Frane 3.899 dutch Guilder a a a a a a be a 1.899 belgian France 36.32 Canadian Dollar 1.308 noir figures Are expressed m dollars to the Brueh Pound Otter currencies to the Dollar old quote $373.50 ounce Silver quote $4.s1 an ounce new York Exchange new York Uff a this most act let stocks in or a a stoc Ere hang compos i trading on tuesday. Slack Sam last net cd. Rwjr Nabisco hid 6012,100 6% up Wal Mart stores 5,992,900 28% up to Defonso is i 5,435,700 50v. Up ship Monts 4,162,100 55v. Up 1 Oun s Brad corp 3.149,000 67v up a Paramount comm 1743,600 81 Onisk a corp 2517,800 49% or Tlok Merck 8 co Ine 2,407,600 31vk Oft  2,389,300 7% up mrs into inc 2504,200 a 7% up umps Date 2,098,400 20v up Garm motors 2.058,900 48% unch Chrysler corp 1.995500 54% Otic stat company 1.988.900 55% unch pipe cow 1.678,100 39% up1 american Exchange new York f a Myrtean Stock Mart com  Echo Bay Minas Fruk Floom Energy sonic  Baho Cvancar Useto Danca  a a us us no Ami a the 10 most arvo Stock in Ingo compos trading Tun Day. Satot last excl. 1.781,800 9% Oil 1 783.100 5% unch 627.700 12 a unch 554,500. 37% up1% 538,100 3% of 412.100 32% up % 384,100 4 unch 369.400 10% up a 357,800 26% up 341,000 6% unch l do Jones new York up Dow Jones closing rings of Waran on tuesday mad Law Clata a Kaaba 368952 3523.03 3640.07 017.83 1746 09 1714 04 1725.36 of 1i71 228.84 224.62 225.09 off 2.04 .136384 1338.97 1345 62 of 3 67 30 industrials 20 transport 15uts 65 stocks Waif Disney co. To help fund ing Park near Paris with euro Disney s huge loss in its first Aid fiscal year Mickey has no reason to smile. Paris a the euro Disney theme Park posted a More than $900 Mil lion Lossin its first full fiscal year in operation. A the Walt Disney co. Has agreed to fund the Park for a limited period euro Disney announced wednesday. Euro Disney announced a loss of 5.34 billion francs $908 million for the fiscal year that ended in september. The Strug gling theme Park posted a 188 million franc $32 million loss a year earlier though the loss did not cover a full 12 month period. Euro Disney shares which had tempos rarity been suspended plunged on the news. The shares were Down 11.7 percent to 38.6 francs $6.57 a share in a heavy volume of 1.1 million shares. Chairman Philippe Bourguignon said in a statement that with 17 million Visi tors in its first 18 months of operation the Park remains the most popular european Leisure destination. A Europe wide recession High interest rates and mounting unemployment have All served to reduce disposable incomes Quot Bourguignon said. He announced that the Walt Disney co. Will help fund the theme Park a for a limited period to afford euro Disney time to attempt a financial restructuring by Spring 1994.&Quot no details were Given on How much Money the Parent company would pump into euro Disney. Bourguignon also announced plans to Cut 950 a primarily administrative and management jobs Quot along with other measures designed to make the Park in Marne-la-vall6e, 18 Miles cast of Paris More affordable and attractive. In won t be Mickey mouse operation by k1rstin Downey gr1msley and Kent Jenkins or. The Washington Post the Walt Disney co. Plans to build a new american history theme Park on a Rural site 30 Miles outside Washington congressional and business sources said tuesday the proposed site encompasses about 2,000 acres set amid rolling Hills. It is less than a mile North of interstate 66 on route 15 in Western Prince William. County Northwest of Manassas. Disney representatives adhering to the company a tradition of extreme secrecy regarding new projects declined to comment on their plans. A formal announcement is believed to be imminent. It appeared that Disney s new project would differ significantly from the famous Disney theme Parks in Anaheim calif., and Orlando Fla. According to several sources the Northern Virginia Complex would feature an american history and culture theme rather than a Mickey and Minnie focus and would Combine features of an amusement Park and a shopping mall. The goal would be to minimize Competition with the sprawling Disney world Complex in Orlando. Prince William residents responded with euphoria and enthusiasm but some dismay to sketchy initial reports about ska of pro Soaad now Disney Park Hay Marfat Richmond o Virginia jj222i�i22�i.j�d Sas the proposed project. Business leaders were thrilled about the Prospect of a major new tourist attraction in the county. But some residents expressed concern about the threat posed to the Rural Community by increased traffic and congestion. In briefings tuesday with legislators Disney officials said the project would take four to five years to Complete and could create 1,000 jobs. They said that they had investigated possible obstacles to the project based on environmental or historical preservation concerns and that they believed there were no serious problems. However the site known As the Waverley tract was recently the focus of a zoning Battle and some real estate executives and other observers predicted Disney would face local opposition. A there a a zillion hurdles to Over come Quot said Northern Virginia real estate broker Dan Bishop. Disney officials briefed the Northern Virginia congressional delegation on the project on Capitol Hill according to legislative sources familiar with the briefings. The legislators including both Virginia senators in general responded enthusiastically but raised questions about potential traffic problems on 1-66. In the briefings Disney officials identified the site As being near Haymarket and Gainesville. The exact size of the planned Complex is Uncertain. The Waverley site with 2,070 acres is much larger than Disneyland in California 185 acre but much smaller than Disney world in Florida about 30,000 acres. Disney officials said they Hope to capitalize on Washington a bustling tourism business with a theme Park that would be Only a Day trip away according to the legislative sources it also would be close to another prominent historic landmark the Manassas National Battlefield Park site of two major civil War Battles. Disney officials said they planned to ask the Virginia general Assembly to expand the Highway interchange at the intersection of route 15 and 1-66. They said they had studied traffic patterns on 1-66 Ana believed traffic generated by the planned Complex would not exacerbate Rush hour congestion. Set on is use contacts pizza hut to acquire Sandwich shop Chain Wichita Kan. Up pizza hut inc. Said tuesday that it will acquire the do Angelo Sandwich shop Chain of 173 company owned and franchised restaurants for an undisclosed Price. Pizza hut a unit of Pepsico inc., said it plans to retain the do Angelo name and concept and will phase in a pizza hut delivery unit into company owned do Angelo locations. Do Angelo of West Bridgewater mass., started in 1967 and offers sandwiches salads and ice Cream outlets in six new England states. A this acquisition is a great Opportunity for both d Angelo and pizza hut a said Allan s. Huston pizza hut president. Rochester . A on the Tennis court or on a first Date people who usually Wear glasses now have an alternative for seeing their Way through a single use Contact lenses that Cost no More than s3 a pair. Two companies Are introducing one Day throwaway Contact lenses. Rochester based Bausch amp lomb inc. Calls its product occasions. The lenses were test marketed in two cities starting last fail and were offered to Eye doctors nationwide several weeks ago company spokeswoman Barbara Kelly said tuesday. A rival Johnson so Johnson subsidiary is test marketing a similar one a Day Contact Lens called 1-Day Acu vue. The lenses Are the latest innovation in products designed for people who done to want to bother with disinfecting and cleaning Contact lenses. But unlike previous disposable lenses which Are worn for a week or two these lenses Are not designed to be worn  new lenses Are intended to be a supplement to glasses Bausch amp lomb said. A we expect that they will be appealing to people who do a variety of sports a a Golf Tennis softball a and who find that wearing glasses hinders their performance Quot Kelly said of the occasions lenses. A they might be Good for a first Date or for people who Are making a business presentation and would feel More comfortable not wearing glasses. Maybe just people who want to go out to dinner and done to want to have to use their glasses to read the  both types of lenses Are priced on a per use basis and sold by the package although they Are initially offered on a free trial basis. So far Only about 300 Eye doctors offer occasions lenses but ail 6,000 doctors who prescribe Bausch amp lomb lenses should be Able to do so within a few months Kelly said. Occasions lenses were first offered by selected optometrists in Austin Texas and Las vegas in september. A we done to set the Price a the Eye doctors do. But we expect the average Price will be under $3&Quot each for a pack of 30, Kelly said. Consumers also would have to pay for professional fees which often run to $75. Acu vue lenses Are packaged to use everyday  
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