European Stars and Stripes (Newspaper) - November 29, 1993, Darmstadt, Hesse                                Page 16 the stars and stripes Money matters monday november 29,1993 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 Gorman Mark 1.67 British Pound 1.52 dutch Guilder 1.86 greek drachma 238.0114 note tha rates above apply within the Host country. Figures Are expressed in dollars to Tho 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 1,697.50turkish lira 13,641.40 Spanish peseta 139.40portuguese escudo 174.04 austrian Schilling 12.024 saudi rival 3.749 Bahrain Dinar 0.3767kuwaiti Dinar. 0.2982 norwegian Krone 7.4315 danish Krone 6.779 British Pound .1.484 German Mark 1.711 Swiss franc 1.501 French franc. 5.921 dutch Guilder. 1.9203 belgian franc 36.28 Canadian Dollar 1.3307 note figures Are expressed in dollars to  Pound other currencies to the Dollar Gold a two $376.30 an ounce Silver quote $4.66 an ounce firms finding Way around salary Cap by the Washington pos new York during the presiden tial Campaign Bill Clinton said he wanted to do something about bloated executive salaries. This year Congress eagerly complied forbidding corporate tax deductions for executive salaries above $1 million a year. The american business Community responded quickly to this blow with a Subtle if unmistakable jeer the derisive re tort seemed to vibrate from every paragraph of the compensation package spectrum information technologies inc. Gave its new chairman former Apple computer inc. Chief John Sculley in october. Sculley would not receive a Penny More than $1 million in salary from the supposedly chastened spectrum Board. But by the Way he also would have the option to buy 18 million spectrum shares Over five years at an apparent paper profit of $72 million based on the current Price of its Stock. They put in this $1 million Cap and then they give you All these wonderful loopholes said Graef s. Crystal an expert on executive compensation who edits the Crystal report. Even a person Withan in of 80 can find a Way around  the new limit on executive salary deductions will not take effect until Jan. 1. The internal Revenue service has yet to say exactly How it will judge the various schemes for avoiding it. But few of the compensation analysts and personnel consultants working in this Field expect the Cap to do much to improve the health and efficiency of . Businesses. Some said the corporate trick of replacing salary with Stock options May even do real harm. Although there has been an awful lot of attention that has been drawn to it the Cap is going to affect very few Compa Nies said Matt Ward executive compensation practice Leader at Wyatt co., a consulting and actuarial firm in san Francisco. Only about 20 percent of the largest companies pay Basic compensation of Over $1 million 1 Battle Over Airport fees lands in supreme court by the new York times Washington in a Case closely watched by both the airline Industry and the nation s cities the supreme court is scheduled to hear arguments today about How much an Airport can charge plane for Landing. Seven airlines sued the Kent county International Airport outside grand rapids mich., after the Airport raised its Landing fees by 50 percent in january1992. The Airport which has about 150 com Mercial takeoffs and landings a Day by airliners As big As a Boeing 747, charges the airlines $1.15 for each 1,000 pounds of Gross Landing weight. The Landing fee for a Boeing 747 carrying an average Load is about $600. The airlines contend that the new land ing fees Are unfair and unreasonable and constitute an unconstitutional Burden on interstate travel. They said the increased fees covered costs that should be borne by the Airport s Concession operators. The airlines Are involved in a similar dispute with los Angeles International Airport which tripled Landing fees during the summer. The Airport has threatened to ban landings for All practical purposes by airlines that beginning dec. 4, fail to pay the higher fees. The airlines consider the fees unfair and unreasonable and have asked the Clinton administration to intervene on their behalf. But the administration plans no action other than encouraging Media Tion. In the Michigan Case the Airport s Board contends that the Landing fees Are needed to cover the actual Cost of services received by the airlines including opera Tion of the terminal and police and fire units. The Board said that in the past the airlines had been subsidized because air line services had been paid with fees received from the Airport s shops car rental agencies and either concessions As Well As from parking lots. These fees rightfully belong to the county the Board said. A lawsuit was brought by Northwest airlines Simmons airlines com air a Delta air lines commuter airline us air american airlines United airlines and Midway airlines which is now defunct. But the Airport Board won in . District court and that decision was upheld by the 6th . Circuit court of appeals based in Cincinnati. Remembering a Day France has introduced a 1-franc Silver Coin struck to com Mem states Canada the United kingdom and France the main orate the 50th anniversary of the a Day invasion. One Side has Powers Landing at Normandy on june 6, 1944. The other Side the head of the statue of Liberty with the flags from the United depicts soldiers Landing on the Normandy coast Bio tv7 reportedly turns on fish Flowers Seoul South Korea a a South korean electronics maker said sunday that it has invented a Bio Tele vision that converts harmful Waves into emissions that help keep Flowers fresh longer and fish swimming faster. The television converts electromagnetic Waves emitted by Ordinary televisions into helpful far infrared rays that Simu late sunlight helping animals to produce vitamins and plants to grow Samsung electronics co. Said. In Laboratory tests chrysanthemums stayed fresh for 45 Days when placed in front of the Bio television compared with 30 Days for a regular television and fish remained twice As Active the company said. Onions grew twice As fast and tadpoles lived twice As Long. No comparisons with natural sunlight were made. Samsung has applied for patents in 14 countries including the United states and plans to Start exporting the television next year. It will be available in Korea in time for Christmas for about $1,000. South koreans have become concerned Over recent reports about the pos sible harmful effects of electromagnetic Waves from television sets. Sales of Glass Shields to place Over television screens Are on the Rise. Samsung said it spent three years developing the television which it claimed was the first of its kind in the world. The company South Korea s biggest electronics maker is a subsidiary of the Samsung business group the nation largest. Mcdonald s hits Home with delivery service Chicago a Couch potatoes craving burgers and Fries need reach Only As far As the phone in parts of the East coast it s a delivery. In its quest to go where the buyers Are Mcdonald s has been delivering food from about 80 restaurants in the Tidewater area of Virginia which includes nor Folk Virginia Beach Chesapeake and Suffolk. De Rensi president of the company s Domestic division said tuesday that it was too Early to gauge the Success of the Experiment. It began a few months ago. We get up to 2,000 Calls a Day said Chandra Mccartney an assistant manager for the delivery service in Virginia Beach. I definitely think it s Here  delivery costs Are As much As $2.50 or As Little As nothing depending on the Price of the meal ordered. The food is kept in insulated bags and there is no guaranteed delivery time. The company based in Oak Brook 111., is planning to expand the test to two undisclosed markets in Early 1994, Rensi said in a teleconference Call that included other top members of Mcdonald s management. Home delivery is just one of several initiatives Mcdonald s has begun recently to reach customers in nontraditional markets. The company has opened out lets at five filling stations and has moved into hospitals Wal Mart stores and air ports As Well As aboard air planes