European Stars and Stripes (Newspaper) - November 14, 1993, Darmstadt, Hesse                                Page 20 the stars and stripes Money matters sunday. November 14,1993 Dollar watch shown below Are the highest Dollar Exchange rates for the week of nov. 8 12 compared with Dollar rates for the same period one year and five years ago. German Mark one Dollar would buy you 166 1.86 179 jew i 1992 a military Exchange raw British Pound one Pound would Cost you 1.77 1.51 1993 1.55 1992 belgian franc 1999 one Dollar would buy Yogi 36.30 32.06 37.80 1993 1992 1999 dutch Guilder 1.85 one Dollar would buy you 2.01 French franc one Dollar would buy you 5.90 609 5.39 % Dreek drachma one Dollar would buy you 236.39 1�9-41 4i,.aa 146.90 1993 i i 1999 italian lira one Dollar would buy you 1 651 1,368 1,327 Spanish peseta one Dollar would buy you. 136.03 114.18 117.75 turkish lira one Dollar would buy you 13,217 8,097 1993 German economic expert Job loss Hamburg Germany apr the nations Council of economic advisers known As the a five Wise men Quot expect record High unemployment and a stagnated Economy in Western Germany next year German news report said Friday. The reports quoting the Wise menus latest analysis said that unemployment in ail of Germany next year was expected to surge to 11.5 percent with some 4.02 million people out of work a half million More than Are currently jobless Western Germany could expect unemployment around 10 percent with 2.75 million jobless while in the Eastern states some 1.27 million it 17.5 percent would be out of work the reports said. The reports said the economic Council expects Zero growth in Western Germany a Gross Domestic product. That contradicts a recent forecast of 1 percent expected growth released by Germany a six leading economic research institutes last week. Although the economic growth in the West is expected to stagnate the Council said Eastern German states should still see a Gross Domestic economic growth or 7.5 percent in 1994. Inflation next year is forecast to be around 3 percent the reports said. The Council expects no real change in the Economy unfit 1995, when the Gross Domestic growth of All of Europe is expected to improve according to the reports. Tokyo apr a foundation in Japan the worlds largest producer of semiconductor chips is honouring the american who invented the chips with a prestigious prize. Jack St. Clair Kilby was selected for this years 45 million yen $423,000 Kyoto prize for advanced technology for conceiving and building the worlds first semiconductor integrated circuit at Texas instruments inc. In 1958, Kyoto prize official Seiichi Nagatake said Friday. The award ceremony for Kilby was held wednesday in Kyoto Japan a ancient capital. He is to meet with emperor Akihito at the Imperial Palace in Tokyo on monday. Before Kilby a invention electronic Cir Cuits consisted of separate transistors resistors and capacitors. Kilby had the idea of combining them on a single piece of semiconducting material and the result was integrated circuits or clips which now can contain millions of components. The technology. For mass Man fac Kilby Ture of Kilby a invention was developed by the late Robert n. Noyce and the two Are recognized worldwide As among the fathers of modern electronics. Tie chips allowed the development of Many consumer and Industrial electronic products which became key elements of Apanas economic growth. Kilby is better recognized in Japan than he is in the United states in part because of a widely publicized dispute Over the japanese Patent on his invention which has been dubbed a the Kilby  Texas instruments Nas demanded Large royalties from. Japanese semiconductor makers saying the Patent covers Basic integrated circuit design. But some companies have refused claiming they now use different methods to make their chips Kilby 70, lives in Dallas where he a works As an Independent inventor. Now to give i Orem Utah a word perfect corp. Probably will Cut jobs next year for the first time an executive said. The cuts in january would come As part of an overhaul of business strategy that includes alliances with makers of complementary software products. A a we be kind of been on a path to change our ways in a few areas a said John Lewis word perfect senior vice president. # a to some degree we be been the Nice Guy of the Industry. We wanted to be so Friendly that sometimes it was Tough for us to make the hard decisions. We were a Little bit insular i  he declined to say How Many jobs would be Cut. Based on 1992 figures word perfect a sales per employee in 1992 were $131,453, compared with $256,063 at Microsoft and $204,568 at Lotus development corp., according to soft letter an Industry newsletter. Word perfect employs 4,700 people in the United states 4,450 of them in Utah. Tie company started in 1979. Burger King denies Deal to launch outlets in India Miami apr Burger King corp. On Friday denied a published report that it has received permission from the government of India to open fast food restaurants there. A we Haven to asked for the rights to go into India Quot said Cori Zywotow vice president of communications for the company. The newspaper economic times reported thursday that Burger King had received the governments permission to do business in India. A we have not talked to the govern ment of India a Zywotow said. A it  be a country that if we Ever decided to go into we would go into in the   the times said Burger King would like to offer beef and pork burgers there. But Selling beef requires a special License which so far has been granted Only to luxury hotels catering to foreign tourists. Eating beef is taboo for hindus who account for More than 80 percent of India s 875 million people. Muslims who make up 12 percent do not eat pork. Citibank opens Vietnam facility a amps Bangkok Thailand apr Citibank n.a., the largest . Bank in terms of assets has officially inaugurated its permanent office in Vietnam the official Vietnam news Agency reported. Citibank had worked out of temporary premises in Hanoi since setting up a representative office in june. Its permanent office opened wednesday and the Bank is applying to open another office in to Chi Minh City the commercial Center in the South said the news report seen saturday in Bangkok. Citibank had ended operations in the former South Vietnam when that country fell to communist forces in april 1975. It is the second . Bank after Bank of America to operate in Vietnam since the War ended. A the vietnamese report said Citibank is the first Bank allowed by the . Government to Transfer remittances to Vietnam. New York Exchange new York up the 15 most Kelv Stock in new Portt Stock Exchange composite trading on Friday. Stock am by Rock rest Rwjr Nabisco hid Dun 8 Brad cop Telefoni of i Philip mortis blockbuster ent Stone Container it corp Rwjr Nabisco pop Merck co inc am com general motors Galoob toys Gao inc Wal Mart store Sale 16,364,800 9.876.300 7.833.700 7.062.400 5.329.400 4,707.100 3.643.600 3.328.000 3.223.700 3.198.000 3,197,200 2.754,900 2.517.300 2.482.500 2.377.600 Lett Netchy. 30 a putt 7 66 a 55v 59 30v 10�?T/ 14v 7v 32v. 51v s1v 9v 40v 29v. Up up. Up 2 a pfc up up1h up up up Oish up up1v� up up v. American Exchange new York us american Stock Stock Heli Onetis inc Pac Gas amp i pfc Merton comm new Yon times Fojto loom us bios Renee Royal Oak mines Energy service atari corp Hasbro inc a the 10 most Active Stock in change composite trading on Friday. Sale 1.524,200 737.100 714,200 542.100 533.500 507.500 445.000 429,300 411.000 401.500 last 6v� 25v 7 24v 35 11v 413-15 3v 9w 36v no ten 0� v. Unch up up in off a up on o a a off up Dow Jones new York up. A Dow Jones closing rang of averages on Friday 30 industrials 20 transport 15 utilities 65 stocks a Lek 3707,42 1763.19 226.47 1369.71 Low Clou Cwm 3648.74 3684.51 up 22.08 1729.21 1752.07 up 17.09 223.44 224.95 up 0.98 1346.93 1361.10 up 9.58