European Stars and Stripes (Newspaper) - December 11, 1993, Darmstadt, Hesse                                Page 14 the stars and stripes Money matters saturday december 11.1993 today s 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 1.66 British Pound .1.54 dutch Guilder a. 1.85 greek drachma epee Yeeee 237.8444 note the rates above Appy within the Host country figures Are expressed in Dollar 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 currencies italian lira 1,675.00 turkish lira 13,895.80 Spanish Patata 139.25 portuguese escudo 173.53 austrian Schilling Saeei Eek eat a 11.9725 saudi Royat lhieith�4it� Hieinia Iiah 3.749 bahraini Dinar 0.3787 kuwaiti Dinar 0.298 norwegian Krona .7.39 danish Krona 8.85 British Pound. 1.4957 German Mark 1.7013 Swiss franc 1.4595 Frt Nch Frt no 58205 dutch Guilder. 1.9065 belgian France a Seei i. 35.74 Canadian Dollar  1.327s note figures Are expressed in dollars to the British Pound other cur Rendes to the Dollar Gold quota $382.30 an ounce Sliver quote s4.96 an ounce new York Exchange new York m a the 15 most it the stocks in new York Stock Exchange composite trading on thursday. 5,oel. S,1a hid net chg. Hanson Pic 13,083,100 19% up Tel Fonos of my. 5,437,300 60% of Natl sell conduct 3,550,500 14% off general motors 3,551,700 .55 up Paramount comm 3.425,400 82 up 2% Merck 5 co inc 3,181,300 33vv off Voda fone group 2,020.200 85% off a British airways 2,870,200 65%. Off 1 i Pepsico inc 2,187.500 40% cd Ford motor co 2,159,000 63% pvt circuit qty str 2.042,600 23 off 2% Colagra no pee 1 1.919,200 30% Aff Xerox corp 1,861,700 69% up 3% Dreyfus corp 1,652,500 46% up1% Wall Disney co a 1,609,300 42% up american Exchange new York Olaf a Tho 10 most Active stocks in american Stock Exchange composite trading thursday. Stat tale last Netchy. Energy service 1,574,500 31-16 off 1-15 Echo Bay mines 1,212,700 13% up atari corp741,400 7% unch Tva corp 523,600 26% up Amdahl corp 484,100 6% unch Royal Oak mines 480,700 5 unch Bradley Riest 449,100 8 unch Nabors Industry 380,700 6% off Presidio Oil a 348,000 1% off 5-16 fibreboard corp 286,400 31% up c Dow Jones new York up a Dow Jones closing Range of averages on thursday 30 industrials 20 transport 15 utilities 65 stocks High 3764.43 1777.72 226.93 1385.03 Lew Clou change 3709.94 3729.78 off 4.75 1756 53 1765.54 off 1.92 223.83 224.95 off 1.19 1366 31 1373.45 off 2.41 senators doubt video chiefs will keep self regulation vow Washington a the video game Industry promised a voluntary rating system thursday to restrict sales of violent games but lawmakers quickly expressed doubts. An hour before a Senate hearing on a Bill to impose Federal restrictions a coalition of about 140 manufacturers and distributors made the Industry Scase Quot the Market does not need and the Public does not want another government entity to be created for this purpose Quot said Ilene Rosenthal general counsel for the software publishers association. Quot it is our Job to do and we Are Here this morning to announce that it is a Job we will  two senators whose legislation would impose restrictions if the video Industry fails to police itself remained unconvinced. Quot creating a rating system is frankly the very least the video game Industry can do a said sen. Joseph 1. Lieberman a Conn. Quot it would be far better for America s parents and kids if they simply kept the gory violence and sex but of their  sen. Herbert h. Kohl d-wis., told a panel of Industry witnesses Quot i Hope you walk away with one thought today that if you Don t do something about it we will. Lieberman and Kohl proposed their Bill in response to such games As Quot mortal combat a in which the Winner can triumphantly Pluck out the spinal column of a victim and a night trap Quot in which the player tries to defend scantily Clad sorority girls against bloodsucking assailants. Both Are distributed by Sega of America Lieberman ran a tape of a Sega and for mortal combat. Although the company says it rates the game "ma-13�?� for use Only by players 13 and older the and shows a boy who could easily be younger than 13 gaining the respect of his Peers by winning in mortal combat. The Day started with the video game Industry in apparent Harmony about How to head off legislation. Industry representatives said at a news conference in a Striate meeting room that they would begin work on a rating system at a video game convention in two weeks. ., hit on seas ing finishing touches the latest Boeing Jet incr the 777, undergoes Quot final body join Quot this week in the Everett. Wash., Plant. Boeing has 136 orders for the twin engine plane and options for 100 first plan is schedule we be delivered in May 1995. The 350-seat Airliner w the 777 a a a a Quot a a court rebukes Paramount for agreement with Viacom group accuses firm of drug test cover up Washington apr a consumer health group has accused Eli Lilly and co. Of covering up a problem with an experimental hepatitis drug that killed five patients in a National institutes of health trial last summer. Public citizens health research group said thursday the drug company should have Given the food and drug administration earlier notice that a healthy Volunteer in a separate trial showed signs of liver toxicity after taking just two doses of the drug i Auridine. The company denied the allegations new York apr the latest court decision in the Paramount takeover Battle has implications far beyond the Case boosting shareholder rights and putting corporate boards on notice that they cant follow executives like sheep in merger decisions experts say the Delaware supreme court on thursday upheld a lower courts ruling that Paramount communications inc. Erred in making a special Deal with Viacom inc., its intended merger partner while using anti takeover defences to Block a higher priced bid from ivc network inc. Chief Justice e. Norman Veasey Reading the courts opinion said Paramount had effectively offered itself for Sale in trying to merge with Viacom. Therefore Paramount directors Quot had a duty to continue their search for the Best value available to stockholders Quot he spid. Paramount and Viacom had argued that their merger was a better Deal for stockholders because it was a Quot strategic bonding that offered Long term value. A the strict context of the decision is narrow but there s a kind of Melody in the background that has great implications Quot said John Coffee a Law professor at Columbia University in new York City. The ruling implied that shareholders should have a greater Choice in deckling a Compa nyx a Fate in a merger he said. Securities analysts said that the upshot. Is was that Viacom probably would be forced to increase its bid and that another suitor might even join the contest. But some said the ivc Victory could prompt a Tacoma a chairman Sumner Redstone to abandon the contest. Jessica Keif an analyst with Oppenheimer amp co said a higher offer could leave Viacom struggling with a huge debt Load. Viacom extended its tender offer from Midnight thursday until Midnight monday. Ivc was expected to follow suit. The takeover defences that Paramount wanted to use to Block ivc included a Poison Pill which could flood the Market with Stock and make the acquisition prohibitively expensive and Stock options that would raise ivc s Cost of buying the company by hundreds of millions of Don Geneva apr chaotic talks on world Trade got even Messier As the two quarrelling giants the United states and european Union picked a new fight Over shipping. Weary negotiators headed into a weekend of nonstop talks at the Headquarters of the general agreement on tariffs and Trade. But it appeared unlikely a Complete Deal could of reached by wednesdays deadline. The latest american european difficulties began thursday when eur negotiator Karl Falkenberg accused the United states of backtracking on a Promise to open americans Ocean shipping business to foreigners. Quot the result is a disaster Quot he said.  Negotiator Richard self accused the europeans of waffling under pressure from greek shipping tycoons and attempting to shift Fame toward America. The Gatt Deal is intended to expand the world Economy by More than $200 billion a year. But it could end up being less of a free Trade Bonanza than its engineers have been touting. The third world is furious that a . Eur Deal to Cut import duties has Given Little to them Brazil warned that without the Opportunity to Export More food shoes and leather it might withdraw offers to open its telecommunications Market to companies from the United states and the european Union which had been the european Community until the maastricht treaty was ratified this year. Japan and Many other nations fear they might be squeezed out of a much heralded package to open up . Banking and securities to foreign companies. The United states wants to limit such benefits to countries that offer similar concessions to . Companies. \ indications have emerged that Wasl in ton and Brussels have Cut a Privat Deal on these issues angering negotiator from other  the two sides remained deadlocked on subsidies to filmmakers and air plane at thursday re. Manufacturers and one . Trade Nego ivc a a hostile Cash and i ? paces Viator said dispute Over movies  a a ,?n.t0ck offer for the threatened the whole Accord. Another potential problem for Gatt is the . Congress. Wednesday is the last Day president Clinton can notify Congress of a Trade Deal under rules that bar lawmakers from attaching amendments that could kill the Accord. A t or v Edmi Anu Stock offer for the publishing and entertainment company was Worth about $10.1 billion via Fri offer was Worth $9.4 billion. Paras new h4k�?~sloekd closi"8� 82 trading,up$2.75 a Chanse Corapi Sile