European Stars and Stripes (Newspaper) - December 22, 1993, Darmstadt, Hesse                                Page 14 the stars and stripes Money matters wednesday december 22,1993today�?Ts rates following Are fixed rates at which Community banking and credit Union facilities will sell foreign currencies to i a. Personnel for personal use a German Mark 1.67 British Pound .1.53 dutch Guilder 1.86 greek drachma 238.8575. Note the rates above apply within Tyfo Host country. Figures Are  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 currencies italian lira 1,874.75 turkish lira. 14,117.90 Spanish peseta.140.00 portuguese escudo .174.46 austrian Schilling 12.0145 saudi Royal. 3.7s bahraini Dinar 0.3767 kuwaiti Dinar 0.298 norwegian Krone. 7.4045 danish Krone. 6.683 British Pound. 1.487 German Mark .1.709 Swiss franc .1.452 French franc .5.8265 dutch Guilder .1.9145 belgian franc .35.49 Canadian Dollar .1,3438 note figures Are expressed in dollars to the British Pound Othor currencies to the Dollar Gold quote $380.65 an ounce. Silver quote 15.09 an ounce new York Exchange new York up the 15 most Active stocks in new York Stock Exchange composite trading on monday. Stock sales Tail Natch. Merck $ co the 3,302,300 33 i up i Oft i raft Nabisco hid 2,913,300 8w Borden inc 2.636.000 18 i up i ism Cora Gull St utile 2.835,500 50 i off 1 w 2.562,100 19 i unch Citicorp 2,406.500 37 i up t Tel Fonos de my 2,306,700 63 i up i Oft i Philip Morris 2.255,800 54 is Etc corp 2,207,400 16 i up merry go round 1,958,300 2 i up i  Colne 1,949,700 8vi Oft i Eastman Kodak t,936,700 55 i up i Paramount comm 1,918,900 82 up i Oft i limited inc 1,728,700. 17 Boeing co 1,595,700 44 i upyt e american Exchange 1 new York up american Slock exc. A the Ion most Active stocks in me composite trading monday Slock sales last nil cd. Energy service Ubl science1,158.900 1,104.600 3 9 i up 1-16 am i Gaylord cant it 651,700 3 i up i Oft i Jan Bell mtg 468,100 9 i Echo Bay mines Amdahl corp 485.700 13 i Oft i 391,400 new unch Royal Oak mines n1n communicate a a 391,000 4 i up 1-15 287,200 10 i unch am exploration 272,200 1 i unch Hasbro inc 251.300 36 i. Oft i. E Dow Jones new York uf�?T1 a do Jones closing Range of averages on monday 30 industrials 20 transport 15 utilities 65 stocks High 3777 64 176403 22897 1385 86 Low 3728.66 3755.21 1738.30 1748.80 225.74 1366.90 clot change up 3 64 off 5.37 227.85 up 0.19 1376.58offs.49 Bow hires first workers for . Assembly line Greer . A Bow hired 36 people monday for the first Assembly line jobs at its new . Auto Plant after they completed state subsidized training. The workers who Start Jan. 4, were chosen from nearly 60,000 applicants. The Plant eventually will employ about 1,200 people. Some of those hired monday will go to Bow factories in Germany for further training company spokesman Robert m. Hitt said. The Plant will begin producing by we a 3 series Model next fall. Eventually the Plant also will produce a new two seat roadster officials have said. Mcdonnell Douglas agrees to Dod probation on c-17 St. Louis a Mcdonnell Douglas corp. Has accepted the Pentagon a plan to place the troubled c-17 cargo plane on probation. The company said monday that it accepted the probation Quot with  spokeswoman Barbara Anderson  say what amendments were pro eos cd to the plan announced dec. 15 by defense Secretary los Aspin. Aspin proposed putting the c-17 on. Two years probation and threatened to buy Only 40 of the Long Range transports unless the St. Louis based defense contractor improved the program. Quot the company and the . Air Force will be developing plans and contractual modifications and agreements to implement the business arrangement Quot Ander son said. The plane has been plagued by Cost overruns totalling si.5 billion delayed flight tests and wings that failed stress tests. Aspin said that if the c-17 can be fixed it would fulfil the military a need for a plane to transport Large volumes of cargo to rudimentary airfields in developing nations. The Pentagon s decision must be approved by Congress. Initially the air Force planned to buy 210 c-17s to replace an aging Fleet. In april 1990, then defense Secretary Dick Cheney reduced that number to 120 at a Cost of $40 billion. Aspin said last week that 120 transports Are still needed. But he said if the c-17 program stopped at 40 planes the remaining 80 transports could be obtained by buying commercial wide body jets or reviving the production of the giant c-5. The c-17 program would be continued for a two year interim period during which six planes a year would be built Aspin said. He added that the Pentagon would Cut the payload and Range requirements for the c-17 so that less expensive engines could be used and total costs held Down. The Overall Cost for the program will be a just under $40 billion Over five years Quot even if an alternative aircraft is chosen after the two year term Aspin  Washington a w. Edwards Deming a longtime critic of american business practices whose ideas helped Japan revolutionize its manufacturing by stressing worker involvement died monday. He was 93. Although largely ignored by corporate America for decades Deming is now considered Pioneer in modern Industrial management. Often a Sharp critic of . Management styles he was revered by the japanese who adopted Many of his views creating one of the worlds economic superpowers. Do Ming a theory of Quality control focused heavily on worker involvement goal setting and communication within the Corpora to Structure As opposed to Competition among workers and management control. A grandson Kevin Cahill said Deming died in his sleep about 3 . At his Home in Washington with family members present. Quot he died of natural causes a Cahill said. Deming who had been confined to a wheelchair because of phlebitis had been battling cancer for some time. That did t keep him from travelling around the country giving dozens of seminars on business management Quot he was very Active almost to the very end a said Cecilia Kilian his Secretary of 35 years. A statistician by training Deming became one of the most influential experts on corporate Quality control. While . Companies were slow to embrace his ideas japanese executives took them to heart beginning in the 1950s. Only in the 1970s, when . Manufacturers began to feel pressure from japanese competitors did corporate America begin to listen to the sometimes cantankerous and self assured management guru who by that time was being hailed widely in Japan. Asked once How he would like to be remembered in his native land Deming Deming replied "1 probably won t even be  pausing he added a a Well maybe. As someone who spent his life trying to keep America from committing  although a number of . Companies embraced his theories Deming maintained even recently that most of corporate America had ignored him and his message. Deming Over the years reserved his harshest words for corporate management. _ a the Basic cause of sickness in american Industry and resulting unemployment is failure of top management to manage Quot he wrote in his 1987 Book out of the crisis. Ford motor co. Became one of dem Inge a most ardent supporters. In a statement monday the automaker said Deming was instrumental in getting the company to put a a Sharp focus on Quality not Only in its manufacturing processes but in All of its  Deming worked As a statistician fora number of government agencies including the . Census during world War ii. He went to Japan in 1947 to conduct a census and help assess the country a ability to rebuild. He made an immediate impression on the japanese and was brought Back to Japan in 1950 by the Union of japanese scientists and engineers to continue his role As a business consultant. His persuasiveness and the clarity of his theories made his lectures an immediate Success among the japanese. Deming was born oct. 14, 1900, in Sioux City Iowa. The family moved West when he was Young and he earned a Bachelor s degree in engineering from the University of Wyoming a master s degree in mathematics and physics from the University of Colorado and a doctorate in physics from Yale. He is survived by two daughters Linda and Diana and five grandchildren. Funeral arrangements were pending. S tax tip sends dad to jail Phoenix apr a businessman whose daughter turned Over his records to the internal Revenue service was sentenced monday to three years in prison on tax convictions. . District judge Charles l. Hardy also ordered Jack p. Kallin 46, of Glendale to pay $400,000 in Back taxes. Kallin was convicted oct. 4 of five felony counts of attempted lax evasion for not reporting at least $1 million of receipts trom desert hobbies Hobby shops he owned in Tempe and Phoenix the . Attorneys office said. Assistant . Attorney Stephen wine rip said the irs began investigating Kal Lin after an adult daughter took business records from Kallins Home and gave them to the tax Agency. Those records indicated that Kallin regularly failed to report receipts that came in through one Register at the Tempe store and one Register at the Phoenix store Winerip said. A she was the one who revealed it a Winerip said of the daughter whom he declined to identify Quot the records that she brought in were the key evidence in the  the daughter has applied for a Reward from the irs Winerip said. He said irs policy is to make rewards of up to $100,000 out of amounts actually paid by those convicted. Thus any payment to the daughter would not occur until the father pays the Back taxes Winerip said. Two jailed for phony Teller machine scam Hartford Conn. A two men who used a phony automated Teller machine to steal customers secret Bank account codes and withdraw their Money were sentenced to 2w years in prison monday. Gerald Haney Greenfield 50, of Tucson ariz., and Alan Scott Pace 30, of new York pleaded guilty in . District court to Bank fraud and production of counterfeit  cards. Authorities said they think the two were the masterminds behind a scam in which a phony automated Teller machine was placed in the Buckland Hills mall in Manchester in suburban Hartford. From april 24 to May 9, the machine copied personal identification codes from the cards of dozens of customers. Authorities said Greenfield and Pace used that information to make counterfeit cards which were then used to dram More than $107,000 from customer accounts in Connecticut new York Honda Georgia North Carolina and Virginia. A third Man involved in the scheme Charles r. Lyons 28, of new York pleaded guilty in Federal court to a conspiracy charge. He was sentenced Friday to five months in prison and three years of supervised probation. He also was ordered to pay $2,500 in restitution to Banks defrauded by the scheme. . District judge Alfred Covello ordered Greenfield and Pace to pay a total of $464,000 in restitution to the victims of the scam and to victims of unrelated Federal crimes in other states