European Stars and Stripes (Newspaper) - May 4, 1994, Darmstadt, Hesse                                Page 16 the stars and stripes Money matters wednesday May 4,1994 today s rates following Are fit cd rates at which Community banking and credit Union facilities will sell foreign currencies to . Personnel for personal user British Pound. 1.55 dutch Guilder. 1.79 German Mark. 1,60 greek drachma. 240.1669 note the rat of above apply Wilssn the Host country. Figures Are expressed in dollars to the British Pound other Curre Neles to the doliar.j1. A a following Are Interbank rates that fluctuate and should be regarded As the approximate value of the . Dollar to foreign current pics Quot a a a austrian Schilling 11.5985 Bahrain Dinar. 0.37675 belgian franc 33.96 British Pound 1.5108 Canadian Dollar. 1.3807 danish Krone 6.46 dutch Guilder i i i 44 eth 1.8553 French franc a a m 4 a i a i 44 4iiii 5.6472 German Mark 1 6482 italian lira .1,586.25 Kuwait Dinar 444444lii��?�� Iff 0.2961 norwegian Krone. 7.1485 portuguese escudo 170.00 saudi Hal 3.75 Spanish peseta a a a i 134.95 Swiss franc 4- a u a a a a 1.404 turkish lira. 35,300.00 Noto figures Are expressed in dollars to he British Pound other currencies in  Agold quote $37s.7q an ounce. Silver quota $5.28 an owned a sources merchants National Bank.  co., a the associated press United press International. C new York Exchange new York a the 15 must Allire Slock Exchange composite trading on Stock syntax corp Rwjr Nabisco pop Morck amp Coin a Rwjr Nabisco hid Upjohn co Glaxo holdings. Motorola inc Eastman Kodak a Tel Tonos de my general motors a Ford motor co Uniss corp a a a coca cola co Wal Mart stores. Scheming plough sales 32,173,300 .5,565.1003,602,000 3.21 4.7 do \ 3,050.069 3,013,300 2,431.600 2,300.000 a a 2.259.200 2,244,000 a 2.210,600 a a 2.090,000 a. 2.007,200 1.926.600 a stocks in monday East a 23 a 6h a 3tvi. 6 a26 w a 174v-43 a a 44 a. A 57 a57 a a a 60 it 1094 a a a 4tft. 25 a 64 new York. Nat a tag. Up.0.�?T/ r -. To via up 1 a up it. Up t a a up a off a. A up 3 i off 1 up it. Up 2 i off w. Up i unti up 3 it a american Exchange Stock Ivan corp. A . Audra Reco Gnita top source me. Echo Bay mines Gulf cd re secs Amdahl Cor giant food a Cheyenne softer Energy Sarrico. A a new. York or a the Len most Active stocks in american Slock Exchange Sam polite trading monday. Sales "3,827,900 1.600,600 a 44 to 400 425,100 403.000 308.000. 279,600 a 287,000 a267,600 a 221.700 last t7.ft t it  a a 515. 11 it 3 5-16 a 7 i  a a 25ft. 3 i -. Net chg. Eft 6 it up it. Irp i unch a Oft it. Unch up i of Fri up Vioti of the Dow Jones. New York up a Dow Jones closing Range of a Era tvs on monday. _ 30 industrials a 20 transports 15 utilities. 66 stocks High 3734.04 1063.00 199,31 1326.70 Low �3048.97. 1636.97 r 196.ua 1300.47 to. 3701.02 up t9.33 -1647.55 of 12,58 197.54 off 1.64 1314.76 off 1.15 Wendy s reports Rise in is Quarter profit Dublin Ohio a Wendy a International said monday that its first Quarter earnings increased 27 percent thanks to rising demand for the fast food chains offerings. Earnings totalled $12.5 million or 12 cents a share compared with $9.8 million or 10 cents a share in the first Quarter of 1993, said James near Wendy a chair fan and chief executive officer. Revenues were $320 million compared with $310 million in the year ago period. The increases occurred despite the ice storms Low temperatures and record snowfalls that restricted Winter travel by Ralph Vartab e i an los Angeles times Washington a a the Pentagon is awash in obsolete nuclear bombs mothballed Batte ships and surplus military bases but out of the scrap heaps left by the cold War has come a technology with a promising payoff. When the defense department Laid plans in the 1970s for its global position my system a network of 24 satellites that broadcast Naniga Tipeni signals to users on Earth it was intended to help soldiers  from Jungles to deserts. Along the Way though commercial interests saw a potentially lucrative concept that could revolutionize such industries As land surveying trucking environmental Protection and farming. The technology now poised to leap into virtually every facet of the american Economy is expected to create a $5 billion to $10 billion Industry by the end of this decade and More than 100,000 jobs. With a special receiver that taps the satellite signals civilian users can determine their position by latitude and Longitude within 328 feet anywhere in the would. Once As big As a file Cabinet the receivers ate now the size of a paperback Book and still shrinking. Consumer models used by wilderness backpackers Cost As Little As $500. Some visionaries anticipate the Day when virtually everything that moves in . Society each shipping Container aircraft car truck train bus farm tractor and Bulldozer a will contain a microchip that will track and in Many cases report its location. Massive computer systems will tie together the movement of assets in the Economy providing a sophisticated information system for the status and location of goods they say. The Federal government set the stage for this commercial growth merely by guaranteeing civilian Access. In one of his lesser known but farsighted decisions president Reagan decreed in 1983 that the system would be free to the Public rejecting bureaucratic Calls for a cumbersome toll system. The navigation system is among a handful of advanced military technologies a ranging from spy satellites to Plas. Tie composite materials a that hold out potential for commercial development. Yet whereas defense conversion in Gen delighted first lady first lady Hillary Rodham Clinton walks Down the aisle or a grocery store in Washington  on monday As part of her Campaign to promote health Reform. . Sees economic Winner in Pasadena Calif. Up a the upcoming world cup is expected to bring More than 280,000 tourists to Southern Cali forma who will spend More than $98 million . Commerce department officials said monday. A Greg Farmer undersecretary of Commerce for travel and tourism kicked off National tourism week with an appearance in Pasadena the Home of the world cup soccer finals that will be seen on television by an estimated 2 billion people worldwide. Farmer said the influx of Cash created by the soccer extravaganza would mean the creation of 1,700 new jobs Worth $426 million in income for Southern California residents. The 280,000 tourists will also contribute More than $13 million in tax revenues. Twenty four teams will compete in elimination tournaments in nine . Cities before the final july 17 at the Rose bowl. Fanner said that in All world cup matches will bring Well More than 1 million visitors to the United states who will spend nearly a half billion dollars and generate close to $65 million in taxes. The business will create 8,400 new jobs with a payroll dose to $130 million. # and those estimates Are on the conservative Side Farmer said. Some experts Are predicting revenues four times the Feder eral remains Uncertain the global Posi tithing system is clearly the Best example of military technology moving from the Battlefield to the marketplace. Quot communications satellites were the first great Success in Spac but Gas is going to Dwarf that a said Albert whee ton a former Hughes aircraft chairman and an Early Pioneer in Comperda space. Quot Gas is going to pervade every thing we do.�?�. The satellite navigation system was expected to have civilian applications but the Market has turned upward dramatically in the last two years As costs have declined said Stephen Colwell president of a consulting firm in Sunnyvale Calif. By later this year a satellite receiver May be boiled Down to just three computer chips costing about $100 per set eventually the Price will drop below $50, Colwell said. At that Point the system would be inserted into a lot of other electronic gear such As cellular telephones that could instantly Alert police to an individuals location in an emergency. A there Are a million deals going on a Colwell said. A it is Seldom you see a new technology coming on so  shopping Washington a first lady Hillary Rodham Clinton did her own grocery shopping monday spending $15.50 on a Basket of Staples Ana treats from Low fat sour Cream to tuna fish to an exotic mexican Root. A a in a just delighted to be in a store a the first lady said at a supermarket where she made a pitch for health Reform. A even when my husband was governor id go to the store and i Felt like a Normal person and my daughter and i would go up and Down the aisles and wed buy things and wed take it Home and Cook it a she said. A i know this sounds funny especially for the women in the audience that you would Eyer miss going to the store buying things and taking them Home and cooking them. But Trust my you  accompanied by Eleanor Holmes Norton the District of columbian a nonvoting Delegate to Congress Clinton spent 10 minutes shopping in the huge supermarket toting her own purchases in a red hand Basket. A. They included Rice Beans a Plain Bagel two Biscotti a Mango the Low fat sour Cream a salad a Pepper and a Jica a the flesh Root of a mexican Vine used in dips. She pulled a $20 Bill out of her purse to pay for the purchases. Tourism Al estimates. World cud promoters have estimated the tournament Cou mean More than $4 billion to the United states. Promoters est York new Jersey by $452 million san Francisco by $338 i Ciao Molion Boston by $255 million Washin a n r k Quot us us 1illiiun Washin 1�?T k Chicago by $231 million Orland fla., by $209 million and Detroit by $180 million. Farmer said that tourism is second Only to health care in to 2009ii  a a a he  eco a a a by and that by 11 he said that while political barriers to travel Are comic Ryn. Cro us world allowing More people to visit for ii countries the United states is not maintaining its share of to run i to Tarket although the United states saw Vea Ett number International visitors la to How 1 percent of to Market share in each. The last three years Farmer said. Is must Tioff a country is make sure we get our a travel Arr said adding that inter nation a tent return far anothcr�?Tufp.1 vls1<0rs we my re than 50 pc