European Stars and Stripes (Newspaper) - January 28, 1994, Darmstadt, Hesse                                Page 18 the stars and stripes Money matters Friday january 28,1994 today a rates following Are fixed rates at which Community banking and credit Union facilities will sell for eign currencies to . Personnel for personal use German Mark a a a a a a a a a a a a a a a a a a a a 1.70 British Pound 1.53 dutch Guilder a a a a a a a a a a a a a a a a a a a a 1.90 greek drachma. 244.6377 note Trio rates above apply within the Host country. Figures Are expressed 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 a a. A a a a a. Italian lira 1,701.00 turkish lira 17,215.50 Spanish peseta a a a a a a a a a a a a a a a a a a a 141.35 portuguese escudo 175.30 austrian Schilling a a a a a a a a a a a a 12.2675 saudi Royal a a a a a a a a a a a a a a a a a a a a a a a a a i 3.7493 bahraini Dinar a a a a a a a a a a a a a a a a a a a 037675 kuwaiti Dinar a a a a a a a a a a a a a a a a a a a a a a 0.2977 norwegian Krone a a a a a a a a a a a a a 7.5065 danish Krone .6.781 British Pound 1.4945 Gortman Mark  17447 Swiss franc a a a a a a a a a a a a a a a a a a a a a a a 1.4703 French franc. 5.9245 dutch Guilder. 1.9567 belgian franc a a a a a a a a a a a a a a a a a a a a a pm 36.17 Canadian Dollar. .1.3132 note. Figures Are expressed in dollars to the British Pound other currencies to the Dollar Gold quote $384.50 an ounce Silver quote $5,13 an ounce r new York Exchange new York up a the 15 most Active stocks in new York Stock Exchange composite trading on wednesday. Sleek Salei last Nelcha. Cooper kinds inc 5,604,400 "41 4 of ism corp 4.089,600 56% off1% Philip Morris 3.287,100 59 up Tel Fonos de my 3,002,500 68% up us us steel or 2,970,100 41% off a Amer express co 2,915,700 32% off Bethlehem steel 2,755,900 23% up1% Merck amp co inc 2,7.08,600 35% up Cooper kinds of 2,666,400 25% of Compaq computer 2,496,800 81% off 2% Scott paper co 2,495,500 45% up 2% general motors 2,287,200 58% off Schlumberger 2,227,000 57% up Citicorp. 2,221,800 41% up1% blockbuster ent 2,195,500 27% up american Exchange 1 new York up a the 10 most Active stocks in american Stock Exchange composite trading wednesday. Stock Salat list i chg. Cheyenne softer 874,100 35% up 1% at common corp 614,800 32 up Echo Bay mines 529,200 13% up % Jan Bell mtg 466,000 8% up Energy service 446,600 3% off 3-18 charter med cup 445,900 23 off 1 % tubes Deacero 371,700 8% unch Iva corp 343,600 31% up Royal Oak mines 327,000 4% up 1-16 Adah corp 241,000 7up % c Dow Jones j new York up a Dow Jones closing Range of averages on wednesday High. Low close Choge 30 industrials 3934.74 3863.82 3908.00 up 12.66 20 transport 1624.73 1794.70 1813.57 up 4.93 15 utilities 222.25 218.10 221.46 up 3.49 65 stocks 1426.61 1401,51 1417.84 up 6.68 Clinton plan anticipates cutting pay raises by half by Mike Causey the Washington Post Washington president Clinton a budget is Likely to contain spending limits that would Force Congress to Cut Federal pay raises in half Over the next four years. For example instead of an estimated 3.8 percent raise next year the increase would be limited to about 1.6 percent under a draft plan that congressional sources expect to be in the budget that goes to Capitol Hill feb. 7. Under current Law White Collar civil servants Are due a National pay raise and a locality pay increase each january to gradually close pay gaps with the private sector. Most White Collar Federal employees in locality pay areas got that raise this month. But the 2.2 percent National pay raise was blocked by the administration and Congress. Pay raise projections drawn up for budget planning purposes indicate a combined 1995 Federal pay raise of about 3.8 percent unless the Law is changed or one of the two raises is modified or dropped. The projections anticipate a 5.2 percent combined raise in 1996 5.18 percent in 1997 5.2 percent in 1998 and 5,4 percent in 1999. The actual amount of the two increases would depend on National and local pay data contained from surveys conducted by the Bureau of labor statistics. Draft budget language says that future raises a will have to be financed within discretionary limits. Current Law pay raises have two components the National scheduled adjustment linked to the employment Cost Index in addition to locality pay raises. Estimated Cost $72 amp a Vav i a amp i wit. A we. A y. I 4 billion Between fiscal year 1995 and fiscal year 1999.�?� the draft document warns that forcing agencies to absorb those costs a will be virtually impossible without substantial cutbacks in Federal employees and or  the administration is already committed to cutting 252,000 jobs Over the next four years exclusive of layoffs. The budget draft recommends that the pay costs be held to $37.5 billion. A if this is the strategy they use it is very smart a a congressional source said noting that it puts the Burden on Congress rather than the administration. Lawmakers will have to decide How much Money there is for pay a and then figure out the amounts and whether to give a locality raise go with the National increase or some combination of the two a but within the budget Caps Congress would be approving a the source said. Mtg to test ski a. U v a a a of Kiv us new it / it i a a Tiv Uvah or ing on 3 a a it a a not Welcome in Marlboro country a ism Trust fund yields investment Bonanza Altadena Calif. A its enough to turn a Blue Chip Speculator Green. Sixty six years ago the widow of in my a founder put 100 shares of the computer giant into a Trust fund. It was Worth $12,300. Its present value has ballooned to $4.5 million a an increase of More than 36,480 percent. The big Blue Boom Means big Bucks for the Scripps Home a nonprofit retirement Community that announced wednesday it will receive the Money from the Trust. Billboards in Stockholm Sweden that show graveyards have infuriated the . Tobacco company Philip Morris inc. The company reportedly plans to sue the and Campaign s maker the swedish group a a non smoking  the group which is using the Campaign to discourage children from lighting up states that it is marketing an opinion a which is Legal under the swedish Constitution a and that it is using a different typeface from the one that Philip Morris uses in its Marlboro ads. Los Angeles a would you buy anything from Beavis and butt head mtg apparently thinks so. Mtg networks said wednesday that it is launching a Home shopping test on its mtg vh-1 and Nick at Nite Cable television channels. If the four to six month test is successful mtg networks will consider launching a stand alone shopping Channel company chairman and chief executive officer Thomas e. Freston said from new York. A a we be been working on this for Well Over a year a Freston said. A but we said a hey before we move Forward with a shopping Channelle have the luxury of testing it on our own networks a beginning in april four hours of Home shopping per week will be shown on the three channels a but done to look for the Standard merchandise. A this will be the zirconium less Effort a Freston said in reference to the ubiquitous jewelry sold on Many Home shopping channels. A it will have a look and feel very different from what you re used to  mtg networks Home shopping shows will mostly offer compact discs cassettes music videos concert tickets and merchandise and a lifestyle related clothing a such As trendy footwear. The idea of using the Soltish mtg cartoon characters Beavis and butt head to Hawk goods was kicked around at a meeting and plans Are still in development. A i  Rule them out a Freston said. Cable operators will share in the revenues mtg networks said. Kodak developing new discount Brand new York apr Eastman Kodak co. Is adding a discount Brand and changing its Nektar and Gold labels to counter competitors who undercut its prices. Kodak said wednesday that it will Reform the top of the Linc Nektar film and rename it Royal Gold. Kodak Gold will also be reformed and repackaged. During the fall and Spring when sales Are slow the company will offer the discount film called fun time. Kodak devised the strategy in Hopes that sometime buyers of its products will become More Loyal. The company a profit margins have been slipping partially because of pricing Competition from Fuji film co., Kohima and generic brands. The company announced its plans at a news conference during which it also introduced 30 new products including cameras with Flash attachments designed to reduce a red Eye Glare. Kodak also demonstrated computer kiosks that allow customers to add graphics and text to photos. They will be sent to retailers later this year. Kodak so creation station also will allow people to enlarge photos make Wallet sized re prints and add fancy Borders. Analysts gave the film Brand strategy mixed reviews. A a it a a Good Way to differentiate without antagonizing customers a said Sharon Dorsey Wagoner of Argus research. A this should be a positive for Kodak customers and  but Alex Henderson analyst at Prudential securities inc., said a i just done to think that a going to help their numbers. The Basic problem is their prices Are too High and people can come in underneath them and still make a