European Stars and Stripes (Newspaper) - May 5, 1994, Darmstadt, Hesse Page 14 the stars and Stripe Money matters today a rates following Are fixed rates at which Community banking1 and credit Union facilities will sell foreign currencies to . Personnel for personal use British Pound. 1.54 dutch Guilder .1.80 German Mark i .,1.61 greek drachma .240.1669 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 rates that fluctuate and should be regarded As the approximate value of the . Dollar to foreign currencies austrian Schilling. 11.5825 Bahrain Dinar 0.37675 belgian franc 33.85 British Pound .1.5067 Canadian Dollar. 1.3867 danish Krone 6.4392 dutch Guilder. 1.8377 French franc. 5.6485 German Mark .1.6493 italian lira 1.590.50 Kuwait Dinar. 0.2961 norwegian krone1 7,141 portuguese escudo 1769.30 saudi rial3.7498 Spanish peseta. 134.75 Swiss franc 1.404 turkish lira 35,000,00 note figures Ore expressed in dollars to the British Pound other currencies to the Dollar Gold quote $374.50 an ounce. A a Sliver quote $5,22 an ounce a a a. Sources merchants National Bank $ Trust co. The associated press United press International new York Exchange new York up the-15 most acl Lve stacks in now York Stock Exchange composite trading tuesday /. A Stock Sale lid. Nel chg. A a a a a 17,364,400 -23ft a a a of left Rwjr Nabisco Hild a a 5,334,300 is 1 unch Rwjr Nabisco up a 5,297,700 a 6ftoff it Tima Warner inc �3.922,300 1 4c tip 3ft Eastman Kodak. 3,798,100 45ft. Tip 1ft Tei Fonos of my 3,352,300 57ft a a Orrei Merck amp. Co inc a 3,191,100 301 off it Motorola inc a 1 Quot 3,058,500 a 43ft unch Chrysler Carp. 2,510,100 47ft by left uld healthcare 2.077,000 -40ft �?~up24 a Kmart corp a .2,023,600 a 1bft. A Offut atm company. A. A -1,954 500 a 52ft. Up it. 1.920,000 26ft Wal Mart stores / a. 1,917,900 25elf a general motors a1,9.14,900 -.57ft- up it c american Exchange a new York of the 10 most Balta stocks in a american Stock Exchange composite patting tuesday. Slock. Sale Ltd a i chg. Kvut corp a 2,950,400 19 up tvo expo rate co la. 866,000 1 7-16 cd 1-18 new York Tamesa 054,900 25ft unch Echo amines a 584,100&Quot 11ftunch atari corp. V 452.600. 5ft lip it Energy service. A a 446,000 3ft unch styles on video. Quot a. 426,400 14ft up 1ft Royal Oak mines a 401,400 4 3-16 a unch Viacom inc b. 367,500 24 it up 1ft be Mac corp a .353,900. 1ft up it Dow Jones 1 new York Iii a Dow Jones closing Range of averages tuesday High Low Clou Ching 30 industrials 3736.12 3669.79 3714.41 of 13 39 20 transport. 1659.69 1 631.22 1 546,44 off 1.11. 15 utilities. 198.46 1 95.23 196.46. Off 1.06 65 stocks. -. 1325.49 1302.4 b 131614 up 1.36 shoots to historic High Point Washington a the governments chief forecasting gauge of economic activity hit an All time High in March. The Commerce department said tues. Day that the Index of leading economic indicators advanced 0,7 percent to 101.2 a the highest figure since the government began keeping the Index in 1948. Analysts said before the report was released that a 0.7 percent gain would be fresh evidence that the Economy is expanding at a moderate Pace this year after its growth spurt at the end of 1993. Martin regalia of the . Chamber of Commerce said a the Economy continues to hit on All cylinders. The Economy is poised for solid growth in the months ahead a the Index has now risen in seven out of the last eight months. It was unchanged in february a a revision from figures a month ago that had showed a 0.1 percent dip after a 0.4 percent Rise in january the rial performance in february was caused largely by severe Winter weather Quot. ,.v -.-v. Quot the government said nine of 11 indicators in the Index Rose in March. Changes in the average workweek one of the , accounted for most of the shifts in the gauge this past Winter. The department said the average workweek was sharply lower in february because of an ice storm consequently the rebound in March a to a Post world War ii High of 42.2 hours a week a was greater than Norma the other positive factors included rises in raw material prices a drop in claims for unemployment insurance and increased orders for consumer goods. The Only negatives were slower business delivery times and a drop in Stock Market prices noting that much of the surge in March was caused by a Sharp recovery from february a Winter woes analysts said the Economy does not appear to be growing too rapidly. A a a it a a Nice solid increase a said economist Robert Dederick of the Northern Trust co. In Chicago. A a it a further evidence that while we re not growing at a Pell Mell space the Economy is pushing ahead in a very satisfactory manner a resigned to the weather frustrated by bad weather workers at the site of a Mercedes tuesday delayed scheduled groundbreaking ceremonies for the Benz Plant in Vance ala., change a billboard sign that once automotive Plant. The Celebration was rescheduled for wednes read a Welcome unwelcome rain on monday and Day a unless it rained again. \ Oil demand to Rise open s Leader says Houston up worldwide Oil demand is expected to Rise from the current 66 million barrels a Day to about 80 million barrels a Day by 2010, open Secretary general Subroto said tuesday. In the Short term world Oil demand is expected to Rise about 1 million barrels a Day and an additional 1.5 million barrels Aday in the fourth Quarter Subroto said at the offshore technology conference. The chief spokesman for the organization of Petroleum exporting countries predicted that world demand would Rise 10 million barrels a Day up to 76 million barrels a Day by 2000, by Mike Causey _ Washington Post Washington a the Federal governments retirement age of 55, a key feature the old civil service retirement system would gradually disappear if persistent congressional budget cutters get their Way. Most people remaining in the cars plan it was replaced 10 years ago by the Federal employees retirement system Are in their 40s, 50s and 60s, although the typical Federal employee retires at age 61, Many Are approaching or Are past the magic 55 Mark. About half the 2.6 million Federal employees have the option of retiring at age 55 after 30 years of service with a Start ing pension equal to about 56 percent of their highest three years average salary. That Benefit is indexed to inflation. The retire-at-55 option is under fire again from lawmakers whose Odds of cutting the budget get better As dollars get tighter. A a rep. Christopher Shays r-conn., has introduced legislation that would raise the cars retirement age to 56 in 1998. It. Would go up one year every three years until it hit 65 in 2025, when Shays will be 85. A a rep. Tim Penny d-minn., one of the House leaders of a rapidly growing bipartisan Effort to Cut Federal spending said efforts to raise the retirement age flopped last year because of quiet but firm opposition from some members of Congress. Members Are under an enhanced version of the . But High congressional turnover is re during members with a vested interest ii the present system. If Senate House Bud get conferees vote for a proposal tha would mandate an additional 526 billion in unspecified budget cuts Many of then would fall on the Federal benefits pro Gram. Starling in october 40,000 or Mori workers will be offered buyouts Worth u to $25,000, most will go to Middle o upper Grade workers with Long service although agencies Are also offering Earl retirement at age 50 with 20 years o service or any age with 25 years to buyouts to the 55-plus crowd Are the bes Deal for both
