European Stars and Stripes (Newspaper) - December 2, 1993, Darmstadt, Hesse Thursday december 1993 Money matters today a rates following arc fixed rates at which Community banking and credit Union facilities will sell for eign currencies to . Personnel for personal use German Mark 1.68 British pound1.52 dutch Guilder. 1.87 greek drachma 239.11 note the rates above apply within the Host country. Figures Are expressed in dollars to the British Pound other currency of to the Dollar following ate Interbank rates that fluctuate and should be regarded As the approximate value of the . Dollar to foreign currencies a. A italian lira. 1,715.50 . .13,759.40 Spanish peseta 140.90 portuguese escudo 175.55 austrian Schilling 12.0555 saudi Royal. 3.7495 bahraini Dinar 0.3767 kuwaiti diner 0.29865 norwegian Krone 7.459 danish Krone 6.794 British Pound 1.4795 German Mark 1.7165 Swiss franc 1.4997 French franc 5.9342 dutch Guilder. 1.9255 a Quot belgian franc. 36.22 Canadian Dollar. 1.3378 note figures Are expressed in dollars to the British Pound other currencies to the Dollar Goj quote 4370.10 an ounce Silver quote 14.43 an ounce _ v c new York Exchange new York ii a the 15 most Active Stock in new York Stock Exchange composite trading on tuesday. Sloe sail lift net cd pub Sec Cut prs Merck amp up inc Wil Mirt stares 22,302,700 32 Oft 3,625,700 34/. Up 3,538,500 28 Oft at amp to company 2,971,300 �4 of general motors 2,685.100 52 cft1 nation Bank 2,426,000 47 Oft Yff Sociedade 2,273,600 24 up w Tel Fonos de me 2,227,600 55 off ism com Hanson pc 1,976,800 53 off 1,964,400 21 up Maxis Energy 1,935,500 5 off Mattel inc. 1.917,800 30 up 1 Rwjr Nabisco hid 1,868.900 6 unch Borden inc 1,778,7g0 .17 up Walt Disney co 1,755,800 39 up e american Exchange new York of put american Stock then a tie 10 most Active stocks in me composite trading tuesday. Deck salts last net cd. Tipperary corp 1,250,800 3 off 1 Echo Bay mines 716,100 11 unch fruit of loom 692,300 33 Oft 2 weather Ord inc 649,600 642,600 10 /. Up Alart corp a 9 unch Royal Oak mines Nabon to dusts 687,300 4 up 487,100 a 6 Oft Amdahl corp 431,500 5 unch Ain Corn it Energy service 323,600 12 off 304,800 31-16 unch Dow Jones new York up1 a now Jones closing Range of averages on tuesday High we close 3713.57 3654.0 8 3663.35 1771.73 1740.96 1757.70 227.13 223 70 225.35 1373.66 1351.36 1362.63 30 industrials 20 transport 15 utilities 55 stocks cts Fulfs up 415. Up 0.21 of 1.05 up 0.38 1 the stars and stripes Page 15 mexican company to buy bus maker Phoenix apr Mexico a largest bus and truck maker has announced plans to buy the . Company that makes greyhound buses for $337 million creating the largest bus manufacturer in North America. Motor coach industries International inc. Of Phoenix agreed in principle to be acquired by Consorcio g Gruppo Dina a de cd in a Stock Swap the companies announced tuesday. Motor coach s Canadian subsidiary also May join the merged company. Settlement averts shutdown in dispute Over Airport fees by the los Angeles times Washington a shutdown of most airline operations at los Angeles International Airport was averted late tuesday when negotiators for the airline Industry and the City of los Angeles agreed to Settle their 5-month-old dispute Over Airport Landing fees. The settlement came just before Midnight after 14 i hours of grueling talks and the personal intervention of . Transportation Secretary Federico Pena. Pena accompanied by airline and City officials emerged from his offices to say that a an agreement in principal had been reached to prevent a lockout of some 75 airlines that the City had threatened 4p impose at 12 01 . Saturday a when the agreement is finalized tomorrow wednesday this will avoid any disruption of transportation air traffic at los Angeles Airport a Pena said. He was joined by los Angeles Airport commission president Ted Stein Federal aviation administrator David Hinson and William d. Temko an attorney representing the airlines and the air transport association of America. Pena said details of the agreement were not expected to be announced until later wednesday after it is reviewed by a senior management of the airlines and other Federal transportation officials had insisted on the talks saying it was vital to the nations air transportation system that they avoid a virtual standstill of operations at the nation a third busiest Airport. A the 75 airlines which account for More than 90 percent of the takeoffs and landings at los Angeles Airport had refused to pay fees that were tripled july 1. City officials say they need the higher fees to maintain Airport facilities. All of the nation s major airlines and Many foreign carriers however called the charges excessive. Had the two sides failed to reach an agreement department of transportation spokesman Richard Mintz said Pena would have had several options in a cup inf the Airport open. He declined to lao Ontje. The threat of a lockout of the 75 airlines has prompted hundreds of nervous Calls to the airlines by would be Passyn cars. Despite the looming saturday dead me for the lockout to begin airline employees were assuring callers tuesday that their weekend flights would be leaving As scheduled. By Texas county by the Washington Post Austin Texas a Williamson county commissioners voted tuesday to deny tax Breaks to Apple computer inc., which planned a facility there because of Apple s policy of giving Gay employees and their partners the same health benefits As married couples. A ple. Officials said the company probably will not build the $80 million Complex which would have added about 700 jobs in the county. A we Are extremely disappointed a said Lisa Byrne a spokeswoman for the company which is based in Cupertino in californians Silicon Valley. A Texas actively recruited us two years ago. We had not anticipated this the 3-2 vote by the county commission which withdrew about $750,000 in proposed tax Breaks capped several weeks of debate about Apple policies. Following a trend among Large corporations Apple earlier this year decided to extend health benefits to the Domestic partners of its employees. To some officials in this Central Texas county which is part bedroom Community to Austin and part Farmland that pol icy was enough to turn aside apples 700 potential jobs and perhaps future economic opportunities As Well. �?o1 just think that Williamson county the majority of our people have real High moral values and they believe in the family As it is normally set up a Man and a wife a said Jerry Mihevec 53, a county commissioner for 15 years who led the fight against the tax Breaks. A a we re just sending out a message a look there Are some family values in Williamson Quot Gay rights advocates decried the decision calling it a a first in government interference in corporate poll by. A this is the first time we re aware of a government entity using its Power to punish a company that chooses / serial Winner aft Michael Jordan the former Chicago bulls basketball superstar who decorated wheaties packages ii times before is featured again on the Cereal makers commemorative Silver coloured package that reached grocery shelves monday. Jordan retired from basketball earlier this year. Ilo Yecs fairly a said David Smith spokesman with tic National Gay and lesbian task Force. Apple an $8 billion company had set up temporary Headquarters in the Austin area in neighbouring Travis county it had however purchased 200 acres in Williamson county for a permanent customer service facility. The Austin City Council recently approved a policy similar to apples providing medical and other benefits to unmarried partners of City employees. A Battle brewing Over Labaff s ice Beer trademark Detroit apr Canadian Brewer John Labatt Ltd. Is suing rivals Miller brewing co. And Molson breweries Usa in . District court alleging trademark infringement Over ice Beer products. Labatt based at Toronto says it filed for trademark Protection for the ice brewing process and for the resulting product in november 1992. The application is pending. In the suit filed monday in Detroit Labatt claims that Milwaukee based Miller and Molson Jere Weici Usa a wholly owned subsidiary of Miller Are guilty of unfair Trade practices in the promotion of their ice Beer products in the United states. Labatt began exporting its ice Beer to the United states in october. Miller spokeswoman Susan Henderson called the Labatt lawsuit without Merit and a a desperate attempt to divert attention away from the overwhelming positive american consumer and retailer response to Molson ice and Miller s new ice Beer she said ice Beer was first developed in Germany in the 19th Century and was known As Bock. Miller began Selling icehouse last summer. Labatt spokesman Lorne Stephenson said his company is seeking a injunction to prevent Miller and Molson from Selling their ice Beer products. The court has not yet set a hearing Date for the suit. Labatt filed a Simitar complaint against Molson of Canada in August
