European Stars and Stripes (Newspaper) - February 16, 1994, Darmstadt, Hesse Page 16 the stars and stripes Money matters wednesday february 16, 1994 re today a rates following Are fixed rates at. Which Community banking and credit Union facilities will sell foreign currencies to . Personnel for personal use German Mark. 1.69 British Pound. 1.51 dutch Guilder at. 1.89 greek drachma. 245.4377. Note the Rales above apply within Tho 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 italian lira 1,680.00 turkish lira. 17,750.00 Spanish peseta 141.18 portuguese escudo 174.65 austrian Schilling. 12.175 saudi Royal 3.75 bahraini Dinar. 0.37675 kuwaiti Dinar 0.2957 norwegian Krone. 7.495 danish Krone. 6.763 British Pound. 1.473 German Mark 1.7345 Swiss franc. 1.458 French franc 5.9012 dutch Guilder. My a .1.941 belgian franc 35.70 Canadian Dollar a a a a a a a a 1.3529 a note figures Are expressed in dollars to the British Pound other currencies to the Dollar a Gold quote $384,50 an ounce Silver quote $5.34 an ounce. New York Exchange new York up a the 15 most Active stocks in new York Stock Exchange composite trading on monday. R Slock sales last net cig. Paramount comm 4,723,700 76 %. A off Merck amp co inc 3,554,300 33 v. Of11 % Columbia Cha 3,548.000. 39 v. Up t % 3,136,300 24 % up general motors 2,810,300 6t v. Up %. Tel Fonos de my. 2,575,100 73 % of Rwjr Nabisco hid 2,377,800 -7 % unch blockbuster ent2,207,700 24 % ot1% Sarale corp 2,153,500 22 up Amax inc 2,115,300 25% unch Rockefeller ctr 1,935.300 6% off 1 % Eastman Kodak 1,923,400 42 % o 1% Chrysler corp 1,894,900 59 v. Up. Ism corp a 1,873,700 54 up. Get corp 1,810,900. 33% up american Exchange new York up a the ten most Active stocks in american Stock Exchange composite trading monday. Stock sales last Natch. Waco inc b. 885,500. 29 4 on t v. Echo Bay mines 696,200 12%. Up Struthers Indus 524,300 6 % off 1 % new York times 441,400 27 % of Energy service .433,300 3v� unch chives offshore 340,600 4% Oft 1-1.6 Hasbro inc 323,600 34 v. Up % Nabors Industry. 314,800 6% off a Elan corp pc 304,500 42 % up % Tel s data sys a 700.000 45 %. Off 1 % Dow Jones j new York up a Dow Jones closing Range of averages on monday. High Low close 3935.86 3873.67 3904,06 1818.59 1787.25 1803.58 217.b4 214.28 30 industrials 20 transports 15 utilities 65 stocks change up 9.28 216.39 1421.55 1398.34 1410.23 up 0.44 Oft 0.52 up 1.50 Viacom proves most viable in Paramount bidding War new York apr Viacom inc on tuesday won its five month Battle for Paramount communications inc., the entertainment and publishing concern that has been the focus of the fiercest takeover contest in years. Rival ivc network inc. Said it had dropped its own bid for Paramount in compliance with bidding rules it agreed on with Viacom and Paramount. Viacom said nearly 91.7 million Paramount shares or about 74.6 percent of the total were tendered As of Midnight under its nearly $10 billion Cash and Stock buyout offer. That was Well above the 50.1 percent required for Viacom to gain control of Paramount. Viacom owns mtg Showtime Nickelodeon and other Cable channels. Par mount owns a movie studio Simon amp schuster books Madison Square Garden the new York Kricks basketball team and the new York rangers hockey squad. Viacom will keep its tender offer open until Midnight March 1 to let All Paramount shareholders qualify under its buyout Davis chairman and chief executive of Paramount said the Board a has obtained the Best value for shareholders under bidding procedures that have operated smoothly and have effectively provided stockholders with a meaningful Choice Between two impressive Viacom offered $107 a share in Cash for 50 1 percent of Paramount a shares and securities for the remainder. Ivc had offered $104 a share in Cash for 50.1 percent of Paramount Stock and securities for the rest. Viacom and Paramount signed an $8.2 billion merger Deal in september but ivc made a counteroffer for Paramount shortly afterwards. In the end Viacom wound up sweetening its initial bid by nearly $2 billion and offered More Cash and less Stock than it had first intended. British bidding ends for lottery operator London up a the bidding period closed monday for groups vying to run Britain a first National lottery. The British government invited companies to apply for the Concession at the end of last year and will announce the Winner at the end of May. The lottery which organizers Hope will be in operation by Christmas is expected to generate about 4 billion pounds $6 billion in sales annually half of which would be Given away in prize Money. Media speculation was intense about which of the eight applicants would be selected to operate the lottery. Mary Rodas is in her element at the toy fair in new York City ing things that children can play with. New York apr after years of sneaking into the toy fair no one under 18 admitted Mary Rodas finally strolled openly and legally into the annual Trade expo monday. It was her fifth fair As a toy company marketing executive and her first As an adult. Rodas who turned 18 on Christmas Day is vice president of catch inc., a $70 million a year toy maker. She san Industry legend a the girl with the Golden gut a and gets $200,000 a year to basically play with toys. But now that she a studying for her Drivers License and applying for College will this toy tester lose her touch no Way says Rodas at 5 feet in heels she will always be Able to speak to kids on their own level. A they Tell adults what they think they Wanna hear a she said. A but Tell me a to Mary this is a. A. A / addressed in a suit decorated with brightly coloured rectangles Rodas looked like a toy executive. But it Wasny to so Long ago she recalled that a buyers did no to take me seriously. They a took at me like a is this a toy fair a stunt a a she got into the business at age 4 when she met catch founder Don Spector who lived in the building where her father was a superintendent. He began giving her toys to try out and listened to her suggestions. At 7, she had a Beauty Mark removed from the face of a stuffed Dinosaur because a it looked like a at 13, she had the fabric covering a new balloon Ball jazzed up with vivid colors and designs. The result was Balzac now the single biggest seller at Fao Schwarz on fifth Avenue. At 15, she had a cardboard cd wrapping that doubles As a greeting card adapted for use As a Christmas tree ornament. A now Rodas is. A millionaire partly because she picked the right stocks Walt Disney Hershey and toys re us for her company financed portfolio. She has a limousine and Driver for the ride Between Manhattan and Home in West new York . Like most teens she helps with the chores. Unlike most she pays half the rent. She Hopes to study film at new York University next year after graduation from the professional children a school where her schoolmates include actor Macaulay Culkin. Speaking of whom what does a Prodigy do for an encore a a in a not scared to be growing up a Rodas said. A even i Fly a not As close to toys ill be closer to other things like and Shell soon supervise the opening of several Balzac stores. Chrysler recalls 110,000 cars for wiring work Detroit a Chrysler corp. Recalled 110,000 of its 1994 sedans monday to fix wiring that could cause the car engines to Stop. The action came just 10 Days after the company recalled All of its new Neon subcompact. Mondays recall affects the Chrysler concorde new yorker and los As Well As the Dodge intrepid and Eagle vision models that were built from late july through Early december last year. The defect has not caused any injuries or accidents Chrysler said. The recalls have hit Chrysler at an important time As the newly resurgent company introduces new models. The new lines include the 1995 Chrysler Cirrus and Dodge stratus As Well As the Neon that went on Sale Jan. 2. Analysts said Chrysler a handling of the recalls will be important. A Quality is an Issue Chrysler still has to address a said Thomas of Grady chief executive at integrated automotive resources inc. A they have to come out and stand behind their the latest problem could cause wiring to touch a portion of the steering mechanism causing a Short circuit that would Black out the cards lights or prevent it from starting Chrysler spokeswoman Pamela Gross said. Mondays recall was the first for the los luxury sedans which had been received Well by reviews is. The Dodge intrepid Chrysler concorde and Eagle vision were recalled in the summer of 1992 for a w Asher replacement. That recall affected 4,000 cars
