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Publication: European Stars and Stripes Saturday, January 29, 1994

You are currently viewing page 14 of: European Stars and Stripes Saturday, January 29, 1994

   European Stars and Stripes (Newspaper) - January 29, 1994, Darmstadt, Hesse                                Page 14 the stars and stripes Money matters saturday january 29,1994 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 1.69british Pound. 1.54 dutch Guilder 1.89 greek drachma. 243.7768 note the rates above apply within the hos country. Figures Are expressed in dollars to the British Pound other currencies to he Dollar following Are Interbank rate that fluctuate and should be regarded As the approximate value of the . Dollar to foreign Curren cies italian lira. 1,694.40 turkish lira 17,194.70 Spanish peseta 140.25 portuguese escudo. 174.35 austrian Schilling 12.1875 saudi rival 3.7493 Bahrain a Dinar. 0,37675 kuwaiti Dinar. 0.2976 norwegian Krone 7.457 danish Krone. 6.735 British Pound 1.4985 German Mark .1.7335 Swiss franc 1.466 French franc 5.894 dutch Guilder 1.9423 belgian franc. 35.82 Canadian Dollar 1.319 note figures Are expressed in dollars to the British Pound other currencies to the Dollar Gold quote $378.15 an ounce Silver quote $5.00 an ounce new York Exchange new York up York Slock Exchange Stockt Elefonso de my. Philip mor Rigte corp Wal Mart store Sace Ltd Sara Lee corp Ford motor co general motors Archer Daniels time Warner in Citicorp  corp us surgical co Chrysler corp 71% 60. 34% 26 28% the 15 most Active stocks in new composite trading on thursday. Salat list nelchg.4,269,300 4,110,000 3,452,300 3,277,900 3,158,400 3,128,200 2,742,900 2,565,900 2,417,100 2,366,300 2,317,000. 2,271,900 2,215,200 2,106,000 66% up 2% up up w up unch Offutt 2,092,000 26% 39% 41 it 28 57 w 29% 60v up uple up up 2 up /4 american Exchange new York up the 10 most Active stocks i american Stock Exchange composite trading thursday. Stoc Cheyenne softer Echo Bay mine charter med cup Royal Oak mine Jan Bell mtg Turner by dust Burner by dust a Hasbro inc tubes de Acero Amdahl corp salts1,072,500 951,200599,700 561,400519,400 518,100507,100 493,100382,600 382,200 unch off a lilt netchg.36% up1tt 12% Offutt 23 4v47% 26% off /426 /4 0 1% 34% up i 6 up /47 /4 up v4 Dow Jones new York up Dow Jones closing Range of averages on thursday High Low Clou Ching 30 industrials20 transport 15 utilities65 stocks hlgl3951.34 1836.31226.40 1436.31 3876.77 3926.30 up 18,30 1799.63 1821.08 up 7.51 220.87 225.61 up 4.15 1407.63 1426.83 up 8.99 . Approves Sale to Israel of 20 High tech Al 51 planes Jerusalem a Israel has reached an agreement with the Clinton administration to Purchase 20 f-15ifighter-bombers, one of the United states most sophisticated weapons. The Sale announced thursday would be the first Transfer of such High tech equipment to another country. The israeli defense ministry said the purchases would strengthen Israel s  the value of the contract with Mcdon Nell Douglas corp., based in St. Louis was estimated at $2 billion . Official said. Congress has authority to Block the Sale. But rep. James Talent r-mo., said he expected no opposition to the Deal about which he was  the contract includes an option for is deadline on savings by Mike Causey the Washington Post Washington Federal worker shave until the close of business monday to sign up for the tax deferred Thrift Sav Ings plan or to reallocate their payroll contributions to its Stock Bond or trea sury fund options. More than half of All Federal worker shave accounts in the plan which has total assets of $20.8 billion. It saves the government Money by forc ing workers to finance part of their retirement. Some High income employees who in vested in the High risk Stock fund now have accounts Worth More than $100,000. Here is a performance history of the various funds in 1993, the c fund stocks yielded total return of 10.13 percent the f fund Bonds 9.52 percent and the g fund Treasury securities 6.14 percent. In 1992, the c fund earned 7.70 per cent the f fund 7.20 percent and the g fund 7.23 percent. In 1991, the c fund returned 30.77percent, the f fund 15.75 percent and the g fund 8.15 percent. In 1990, the c fund fell 3.15 percent the f fund yielded 8 percent and the fund returned 8.90 percent. In 1989, the c fund posted a 31.03percent gain the f fund generated 13.89 percent and the g fund yielded 8.81 per cent. United pilots Back Purchase Deal Chicago a leaders of United airlines pilots Union have joined ground Crew workers in approving a proposal for employees to use wage and Benefit cuts to buy the airline. The Deal still requires the backing of shareholders in Ual corp., United s Parent company. A shareholder vote is expected this Spring. Union leaders representing 5,255 pilots or 72.7 percent of the membership voted thursday for the Deal and those representing 1,972 pilots voted against it. The outcome was announced by the United chapter of the air line pilots association. Of wednesday the machinists Union approved the plan 56 percent to 44 per cent. The pilots votes were cast by the 28 elected members of the chapter s master executive Council at a meeting near Chi Cago. Direct ratification by the rank and file is not required under the Union s rules. By ratifying this agreement we have committed to provide dramatic changes to our wages benefits and work rules in order to invest in the Long term future of United airlines Council chairman Roger d. Hall said. Rael to Purchase five More f-15is at a later Date but the timetable was t immediately known. Israel has 51 older Model f-15s. The newest planes would enable Israel to reach potential adversaries such As Iran Iraq and Libya. Israel television said the f-15i was a specialized Long Range version of the f 15e that will be sold Only to Israel. Pentagon spokeswoman Kathleen Delaski said the aircraft will be uniquely Tai lored to meet Israel s  it s a plane that is especially capable of carrying out Long Range attack mis Sions Israel air Force commander maj. Gen. Herzl Bodinger told Israel television. It carries a Large amount of Arma ments for Long ranges in any weather or lighting conditions and has an excellent air fighting  Bodinger said the fighters were due to arrive in Israel in late 1997. Mcdonnell Douglas officials did riot immediately return Telephone Calls seek ing comment. News of the Sale comes two months after outgoing defense Secretary Les Aspin and israeli prime minister Yitzhak Rabin had All but agreed on a Deal for the Long Range fighter bomber. The United states also has sold f-15s to saudi Arabia but those models Don t have the sophisticated radar and other systems that would be included in the air Craft sold to Israel Pentagon officials have said. Walt Disney co. Plans a new ride based on the adventures of Indiana Jones portrayed by Harrison Ford in such movies As 1981 s raiders of the lost  Disneyland attraction to take riders on Indiana Jones crusade Anaheim Calif. Up Wal Disney co. Plans to open a $100 Mil lion Indiana Jones ride Early next year at its flagship Disneyland theme Park the most expensive and techno logically advanced attraction Ever opened there. The ride dubbed the Indian Jones adventure Temple of the for Bidden Eye will portray a dig at ancient Temple ruins in India in 1935. Riders in jeeps will be taken on on of three different tracks in the attraction. The attraction designed by Wal Disney imagine ring will feature explosions Spear attacks rats snakes lava pits steam vents and an encounter with the evil god Mora. The finale of the ride will include a rolling Boulder that threatens to Flat ten the jeeps. Construction on the ride has begun at the Southwest Corner of the an Aheim Park. Disneyland draws an estimated 13 million visitors annually making it the nation s second most popular theme Park after Walt Disney world in or Lanpo Fla. Disney also plans to build a $3 Bil lion westcot world s fair Type project in the Disneyland parking lot to reopened around 1999. The new Park would cover about 490 acres. Disney based in Burbank chose Anaheim for its West coast expansion in late 1991 after opposition from Resi dents in Long Beach prompted the company to abandon plans for a $3 billion Ocean theme Park and resort. I 1  
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