European Stars and Stripes (Newspaper) - January 26, 1994, Darmstadt, Hesse                                Page 16 the stars and stripes Money matters wednesday january 26, 1994 today s rates following Are fixed rates a which Community banking and credit Union facilities will sell for eign currencies to . Personnel for personal use German Mark 1.71 British Pound 1.53 dutch Guilder. 1.91 greek drachma. 242.5385 note the rates above apply within the Host country. Figures Are expressed in dollars to the British Pound other currencies to the Dollar following Are Interbank rate that fluctuate and should be regarded As the approximate value of the . Dollar to foreign Curren  lira. 1,702.85 turkish lira 15,115.10 Spanish peseta 142.42 portuguese escudo. 175.95 austrian Schilling 12.3165 saudi Royal 3.7493 Bahrain a Dinar. 0.37675 kuwaiti Dinar. 0.298 norwegian Krone. 7.5255 danish Krone 6.797 British Pound 1,4935 German Mark. 1.753 Swiss franc 1.4725 French franc 5.9435 dutch Guilder 1.9623 belgian franc 36.39 Canadian Dollar. 1.3113 note figures Are expressed in dollars to the British Pound other currencies to the Dollar Gold quote $382.90 an ounce Silver quote $5.14 an ounce new York Exchange new York up the 15 most Active stocks in new York Stock Exchange composite trading on monday. Stock ism corp. Rwjr Nabisco hid digital equip it Merck & co inc Uniss corp Tel Fonos de my Chase Manhattan Chrysler corp chemical Bank Westinghouse Jam Barrick rest Host Marriott Rwjr Nabisco pop Compaq computer Home depot inc sales 4.138,400 3,253,600 3,193,600 3,017.100 2,911,300 2,861,500 2,789,700 2,788,600 2,528,300 2,527,600 2,357.900 2,291,200 2,086,100 2,031.700 1.996,000 last 58 to ivi30 a 34 it 13 tt69 y 344 59 37 a 14 cd 28 i 12 a 8vi 82 36 to Nucho. Up 3 Huovi off off tips up off off putt up i 0v4 up i putt off off american Exchange York up the ten most Active stocks in american Stock Exchange composite trading monday. Stock Stitt list Netchel. Echo Bay mines 1,263,900 13% off it Amdahl corp 785,400 7 up Energy service 733,800 3 v4 up 3-16 Cheyenne Soltyr 608,200. 32 /4 up Royal Oak mines 455,400 4 11-16 up 1-16 greyhound lines 322.400 11 % off atari corp 304,400 6tt off Curci pharm inc 289,800 137/i off Gaylord cont it 263,800 5 it up i Ich corp 263,500 6v4 unch Dow Jones. New York up Dow Jones closing Range of a Eranfly on monday High Low close change 30 industrials 3947.68 3882.11 3912.79 Ett 1,63 20 transports 1838.02 1804.35 1818.94 up 4.51 15utilities 219.75 215.99 217.11 olf2.64 65 stocks 1430.47 1405.81 1416.51 off 1,38 airlines slash some trans Atlantic fares Eagan Minn. A Northwest and Kim Royal dutch airlines announced fare reductions of up to 30 per cent on trans Atlantic routes to Europe India the Middle East and Africa. Passengers can Fly round trip betwee Detroit and Paris for $638, Minneapolis and London for $598, and new York an Bombay for $1,258, the airlines said sat urday. Trans world airlines is Matching the fare reductions in competitive markets which Are largely in Western Europe spokesman Don Fleming said. Epa to require canisters on cars to capture fumes Washington a the environmental Protection Agency ending a seven year Battle with the Auto Industry is requiring that new cars gradually be equipped with canisters to capture toxic smog producing gasoline fumes during refuelling. The canisters will be phased in overthrew years beginning with 1998 Model cars. Vans specially vehicles and Small trucks will be Given an additional three years to comply. The action announce monday by Epa administrator Carol Browner came after a Federal court rejected a 1992 attempt by the Bush administration to Deal with the pollution prob Lem by requiring service stations to install special nozzles on gasoline pumps. The Epa estimated that the canisters expected to be about the size of a Coffee can will add $10 to the Price of a  automakers have said costs could be closer to $50 a car. Although designs May change the captured fumes would be held in the canister and rerouted within the fuel system preventing their escape. Browner said the canisters will reduce smog causing volatile organic compounds by 95 percent and capture thousands of tons of toxic emissions such As cancer causing benzene that Are Normal components of gasoline. This is a huge Ste Forward. It s hard to Point to another Rule that will be As significant for As Man people Browner said. Because of the gradual turnover of the automobile Fleet most cars on the Road probably won t be equipped with the new canisters until 2015, Industry experts said. They said the phase in also will fallow them to Deal with technical problems still associated with putting the canisters int certain vans and Small trucks. Browner said she considers the on Board canister a much better system for controlling refuelling emissions because twill cover automobiles in use nationwide. The pollution control nozzles on pump sat service stations Are required under the 1990 clean air act Only in areas showing the most severe smog pollution. Ways to Deal with gasoline fumes Dur ing refuelling has been heatedly debated Between the automobile and Oil Indus tries for years. Each argued that the other should pay for the control devices. The automakers also argued that the canisters potentially were unsafe because of a possible fire. During his re election Campaign in1992, president Bush directed that the Oil companies and service stations install the pump nozzles. He said he did t want to Burden the struggling automakers with yet another environmental regulation. A Federal court said Bush s order Vio lated the 1990 clean air act. The Epa was ordered to require the on boar vapor recovery system and the Clinton administration said it would comply in Stead of appealing. Thousands of service stations in Urban areas have begun installing the special nozzles to comply with the Bush directive. Browner said those areas May begin to phase out use of the nozzles once Theon Board canisters Are in widespread use. We Are fully committed to work withe a to get the Job done the american automobile manufacturers association said in a statement. The special canisters Are to be installed in 40 percent of the new car Fleet beginning with 1998 models in 80 percent the following year and in All car beginning with the 2000 models. A similar phase in will begin with Light trucks Vansand specially vehicles in 2001. Economic Gap Between lawmakers widens Nader say average Washington a congressional salaries have gone up $36,000 in inflation adjusted dollars since 1981while the incomes of average americans have stagnated Ralph Nader said in study released monday. When the economic Gap Between the rulers and the ruled grows too Large democracy suffers the consumer activist said. In 1955, the report says members of Congress received $12,500, the equivalent of $68,000 in inflation adjusted 1993dollars. By 1981, salaries had risen to $60,662, or $97,296 in 1993 dollars Andin 1993 went up to $133,600. In contrast median family income shave changed Little. In 1972, the median family income in 1993 dollars was$38,760. Twenty years later it was $38,266, the report said. The median is the Middle Pointin a series it said the Gap Between congressional pay and the median family in come grew 57 per cent from 1981 to 1992, going from$61,000 to $96,000. Too Many Mem Bers of Congress Are blissfully Oliv Maderious to the economic woes of Ordinary americans Nader said. This leads to legislative outcomes which repeatedly reflect the interests of corporate an wealthy groups at the expense of the vast majority of hard working american tax payers. Rep. Andrew Jacobs jr., d-ind., has sponsored a Bill to reduce congressional pay to the 1989 level. Nader  his part Ner in the report the congressional accountability project asked people to sup port such a move. In 1989, members voted themselves substantial raise from $89,500 to $125,100. The current level of $133,600will not change in 1994. The report also questions the pension provided to members of Congress. It said that if House speaker Thomas s. Foley were to retire at the end of this year his expected annual pension Benefit would be $123,804, compared with the $8,088 that the average retired worker will receive in social Security benefits in 1994. Restaurant giant burned by losses Spartanburg . A the Parent of Denny s and other restaurant chains reported a $1.6 billion fourth Quarter loss monday and said it will close or sell 270 eateries because of fewer Din ers. Most of the loss reported by flags Arcos. Inc. Was caused by an accounting move in which the company wrote off in tangible assets known As Good will. The loss also included $225 million Seaside for restructuring. The 1,500 Denny s restaurants provide almost 40 percent of Flagstad s revenues and the number of diners at the Chainas Down 7 percent during the Quarter from a year ago. Analyst Larry Stouffer with . Brad Ford in Nashville tenn., said customers moved away from Denny s because the restaurant raised some prices. Flagstad also owns Quincy s family Steakhouse and Al polio Loco and is a major Hardee s franchise operator. Its canteen division and other subsidiaries provide food services to companies and Public facilities such As National Parkland stadiums. Traffic declined 4.6 percent at hard be s and heavy discounting was needed to sustain business at Al polio Loco the company said. Flagstad also plans to sell or close 90quincy s in the Southeast and 45 Al polio Loco restaurants in the Southwest. The locations were not revealed. Ford recalling 3,300 trucks to Check air bags Detroit a Ford motor co. Said monday that it is recalling about 3,300 1994 of series pickup trucks be cause the air bag on the Driver s sidelight not deploy in an Accident. In the affected trucks neither the air bag nor its warning Light will work. Ford said it thinks about 10 of the 3,300 trucks covered in the recall Are affected. Owners Are being notified by mail and Are asked to return the vehicle to a Dealership for inspection and if appropriate replacement of parts. In a separate action about 300 1994 Model e350 single rear wheel vehicles equipped As school buses Are being re called to fix the parking Brake. Federal Law requires the buses to be Able to hold on a 30 percent Angle with application Force of no More than 125 pounds. The parking brakes on the vehicles included in the recall hold the vehicle but take greater pressure to set the Brake. Owners Are being asked to return the vehicle to a Dealership for repositioning of a wire harness that would make the parking Brake pedal work More easily. No accidents or injuries have been linked to either recall. Both service actions require about a half hour but dealerships May need to keep vehicles longer to accommodate service schedules