European Stars and Stripes (Newspaper) - May 8, 1994, Darmstadt, Hesse                                The stars and stripes Page 20 Dollar Ivantch shown below Are the highest Dollar Exchange rates for the week of May 2-6 compared with Dollar rates for the same period one year and five years  Mark one Dollar would buy you 1.63 ,.55 1 90 Money matters sunday May 8,1994 1994 a military Exchange rata 1.53 1994british Pound one Pound would Cost you 1.61 167 1993 1989 belgian franc one Dollar would buy you 39.73 34.35 32.60 1994 l 1993 1989 dutch Guilder one Dollar would buy you Ltd 2.14 1.82 1,73 1989 French franc one Dollar would buy you 5.72 5.33 6.40italian lira one Dollar would buy you 1,619 1,479 1,385 1994 1993 1989 Spanish peseta one Dollar would buy you 137.93 1994 115.85 117.55 1989 turkish lira one Dollar would buy you 35,300 i i 1994 9,774 1993 l Navy j j j greek drachma one Dollar would buy you 240.17 2q864. I. 160.95 1994 i 1983 i 1969 Washington a the Pentagon has awarded its first contracts for aerospace parts and electronics to be used in air Force and Navy fighter bombers scheduled for use in the next Century. The 12 contracts to develop a joint advanced strike technology a or Jast were Given Friday to leading . Aerospace companies and total More than $10 million. Quot. A. / although Small by Pentagon standards the contracts Are the beginning of new thinking in military weapons development. In the past the air Force and Navy have resisted development of common aircraft arguing that their divergent a needs require fundamentally different designs. Defense Secretary William Perry has estimated that up to 70 percent of the Cost of fighter aircraft goes toward component parts. With the Navy and air Force sharing new technology therefore aircraft could look., quite different but have similar capabilities and Cost less. The largest of the Jast contracts More than $2.2 million went to the Boe my defense amp space group in Seattle for development of an Airframe that could be used by both services. Lockheed of fort Worth texts received a contract of nearly $2 million to examine How new strike aircraft could exploit existing aircraft technologies to gain Cost savings. Mcdonnell Douglas aerospace of St. Louis mo., was awarded three contracts to develop a general concept of joint strike warfare to develop weapons technologies and to study How the aircraft could exploit target or navigation infer Matron gathered by other aircraft or sat a elites. A a a a a Cambridge research of Mclean va., a won a contract for technology that would enable a Pilot to respond immediately to changes in target areas. _. Also receiving contracts were North Rop corp. Of Picot Rivera Calif. Grum Man aerospace of Bethpage i Litton am econ of College Park my. Hughes missile systems of Canoga Park Calif and Honeywell inc. Of Minneapolis. A a a a a aaa v \ a a a a. Drop in new York apr Utility stocks have been steadily declining prompting concern in Stock Market analysts who believe these issues Are a Harbinger of higher interest rates and further weakness on Wall Street. A Quot a. A a a a they re crushing these things a Dudley Eppel senior Stock trader at Donaldson Lufkin amp Jenrette securities said of Utility stocks Friday. The decline is one of Many indications that a interest rates Are going up whether we like it or not a he said. A Utility stocks have fallen about 16 percent since last september a bigger drop than their 13 percent decline before the big Market crash in 1987, noted Hugh Johnson first Albany  Market strategist. _ the Dow Jones average of 15 Utility companies closed Friday at 188.83, Down 3.96, or 2.05 percent. The average has fallen about 19 percent from its Peak of about 233 near the end of last year. That compares with a drop of about 8 percent in the Dow Jones industrials and 14 percent in the Dow Jones transportation average from their peaks earlier this year. T he Dow Utility overage fell to the Low 190s in Early april then attempted a recovery rising to about 203 in mid april. That prompted a Little optimism mostly in the Bond Market that the current e Dow Jones 3 anew York up a Dow Jones closing Range of averages Friday a a a a a  a a Hitti Tow Clos change a 30 industrials 3702.51 .3625.77 3669.50 off 26.47 20 transport 1627.46 1590.33 1608.92 of 23.64 a 15 utilities a. 191.87 137., 19. .138.63 off 3-96 65 stocks a -1304.09 1 27fl42 1291.05 off 14.7.5 new York Exchange d a Orlew York univ a York Stock Exchange Slock  Quot Westinghouse Elk a. Syntax corp. Us inst airlines  wild a Ford motor co. Tel Fonos de my Hall i amp rehab a raft Nabisco pop a Motorola inc. General motors a. Merck amp co inc. A a am Barric Kress v Wal Mart stores Exxon Carp. The 15 most Active stocks in new composite trading Friday Salei 4,293.000 .3,975,500 a 3,910,800 3.b4 5,800 3,162,600 3,159.000 3.107.200 2,852,boo 2.523.200 2,4 61 ,000 2,414.1 of. 2,403,400 2,261,600 2138,500 2,100,300 lat 45 3a 13 23tt 27yz a 6% 58 a Semi 14 my 44tt 54� a 30vi a a 23 w 24vi 62w Nel Cluj. Up it until Trp i on 1 unch. A off 1-1 a off. At. A on ctr Quot of a up it a Fly a a pvt a up itt. Off it a a up a american Exchange Quot Quot new York up the. 10 most Active stocks n. American Stock Exchange composite trading Friday. Sleek sate la a Nel dig. Energy service r 3,404,300 a a 4vi up 3-16 Echo Bay mines. A 1.650,100 .11 is up it a Royal Oak mines 637,600446 up 3-16 a Viacom inc b a. A 774,300. A ."27up it in corp. A a -743,800a 18ft a off it Cheyenne softer. A Quot a 656.100 a 22vi off 19k exp crate. Co la. A .609,600. 1%. Unch Pegasus Gold 351,600 -. 17ft tip Ivor. Jan Bell Molg 301,100 5ft. Off it. Themio Gold mine 251,600. 9v upyt s trek Market co erection m High t be Ove r. But the april rally was Short lived and Utility issues quickly began sinking again. A i saw nothing that suggested overal 1 that the Bottom was in place a said James Schroeder Market analyst at mrs inter nation Al in Chi Cago a a f Oiin d it a bit amusing that Bond people were pointing to utilities and saying a Here we go. This is  that a ludicrous considering How. Far its fallen. Since the april Low it has done  Schroeder is among those who believe Utility stocks Are pointing the Way to a lower Overall Stock Market. A a a a a a on Friday the Dow Jones Industrial average fell 26.47 to 3669.50, bringing its loss for the week to 12.19. Broad Market indexes also fell. The Nyser a composite Index declined 2.02 to 248.47, Down 1.89 for the week. The Nash a Index lost 7.69 to 732.86, los ing 0.98 for the week. Mutual new Vork apr attic follow log Juo a ions. From a the Nail Al Asso Ciaffon of securities dealers. 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