European Stars and Stripes (Newspaper) - May 12, 1994, Darmstadt, Hesse Page 14 the stars and stripes Money matters thursday May 12,1994 today a rates following Are fixed rates at which Community banking and credit Union facilities will sell foreign currencies to . Personnel for personal use a British Pound. 1.53 dutch Guilder. 1.82 German Mark .1.63 greek drachma 238.5065 note the Rales above apply within the Host country. Figures Are expressed in dollars to the British Pound other currencies to the Dollar following Are a Interbank rates that fluctuate and should be regarded As the approximate value of the . Dollar to foreign currencies. A \. \ austrian Schilling 11.771 Bahrain Dinar 0.37675 belgian franc 34.48 British Pound 1.4895 Canadian Dollar 1.3775 danish Krone. 6.55 dutch Guilder. 1,8772 French franc. 5.7355 porn in mss a 1673 italian lira .1,602.00 Kuwait Dinar 0.2981 norwegian Krone 7.2602 portuguese escudo 173.18 saudi rial 3.7498 Spanish peseta 138.18 Swiss franc 1.4315 turkish lira. 34,000.00 Nole figures Are expressed in dollars to the British Pound other currencies to the Dollar Gold quote $370.50 an ounce a. A Silver quote $5.29 an ounce a. Sources merchants National Bank amp Trust co., the associated press United press International i new York Exchange new York up a the 15 most Active stocks in new York Stock Exchange composite trading on tuesday. A Stock sales last Nelcha. Att company 6,063,200 52�?T/4 up 1v4. Tel Fonos de my. 4,242,200 56 a up to Fps group inc 3,576,500 29v4 up 144 Philip Morris 3,496,700 49w off v Bombay co 3,205,900 1214 off 344 Merck amp co inc. 2.637,000 3044 a up m Chrysler corp 2,596,400 4644. Uple a Pac Gas amp elec 2,190,300 234 unch Illinois Power a 2,142,200 19w off Rwjr Nabisco hid 2,120,700 544 unch Wal Mart stores 1,994,200 2444unch ism corp 1,985.600 56. Up 1 Motorola 1nc 1,918.800. 4444 pyx Euterpy corp a a 1,758,600 2744 up 44 Southern co 1,703.700 1814 unch american Exchange new York Jupi the 10 most Active stocks in american Stock Exchange composite trading tuesday. Slock. Salat last net Cofta. Energy service. 907,200 3 13-16 unch Cheyenne Sotter 905,600 2244 up 1 Alc common corp 883,900 2844 0 1244 Nabors to dusts 612,700 644 Oil Vuk Royal Oak mines 580,800 41-16 01144 Hasbro inc 565,400 3344 of w Iva corp 607,600 18v4 up 44 Echo 6 a mines 502,900 1044 off 44. Expo rate co la 418,500 144 unch spa holding b 412,600 37-16 0ff5-16 Dow Jones new York up rages on tuesday 30 industrials 20 transport 15 utilities 65 stocks Ifim 7 05w Jones closing Range of a High Law Clote change 3684.67 3627.56 3856.41 up 27.37 1609.81 1581.12 1593,70 up 4.42. 186.40 179.21 103.56 up 0.20 1292.09 1267.35 1279.97 up 6,60 leading Rise in 5 years by Rick Gladstone a business writer new York after modest earnings gains in 1991 and 1992, the biggest . Service companies surged ahead last year by making $93.7 billion Fortune reports. The 28 percent increase Over the year before marked the biggest percentage Rise in profitability for the Fortune service 500 in five years a reflection of historically Low interest rates and productively gains that helped strengthen the entire Economy. Fortune s annual ranking of the 500 biggest service companies released tuesday appears in its May 30 Issue on news stands monday by comparison the Fortune 500 Industrial list published in april showed that the biggest . Industrial companies made $62.6 billion last year. Banks financial service providers and retailers led the performance improvement of service companies collectively accounting for two thirds of the earnings in the ranking. The biggest airlines which lost $4.6 billion in 1992, earned $1.7 billion last year. Continental airlines was the top earner at $2.6 billion although that was attributed almost entirely to a one time accounting credit from the carriers emergence from bankruptcy Protection Sears Roebuck and co., the recovering retailer that Fortune once characterized As a Dinosaur was the second biggest earner on the list at $2.4 billion. The rankings also reflected the a a Tiona a appetite for computers and software services. Four computer service companies debuted on the list. The big top service companies bal pfc Spanios in Fortune s. 1993servtoe500by category profits company location att diversified service . -3,794 Citicorp commercial Banks . 2,219 . Ahmanson savings institutions Irwindale Calif. -160 fed Natl. Mortgage Assn. Diversified financial wash., . 1,873 Prudential of America life insurance Newark . 645 Wal Mart stores retailers Bentonville Ark 2,333 transportation Atlanta a. 810 get utilities Stamford Conn 900 source Fortune Magazine. A Cari Fox Gest software company Microsoft corp., expanded further at a relentless Pace with a 35 percent gain in earnings and 36 percent gain in sales. Saving and Loans and Utility companies were the weakest categories. The Thrift business earned $1 billion in 1993, 36 percent less than the year before. Utilities earned $12,1 billion a 53 percent drop. A. V ranked by 1993 sales the biggest company in fortunes tally remained telecommunications provider at amp to corp., at $67.15 billion. The biggest employer was Wal Mart stores inc., with 520,000 people. Employment for the entire service 500 fell last year to 11.3 million from 11.4 million the year before a symptom of the1 layoffs and downsizing that have affected Many . Companies. Still the service 500 employed almost As Many workers As the Industrial 500, which had 11,5 million people on the payroll last year is. 11.8 million the year before. Y a. A. A a a. A Fortune divides its service 500 list into eight categories the top j00\uversified service providers 100 commercial Banks 50 diversified financial service providers 50 savings and Loans 50 life insurers 50 retailers 50 transportation providers and 50 utilities. A the Fortune 500 list of the biggest Industrial companies was introduced in 1955 and became a synonym for corporate size and stature the service ranking inaugurated in 1983, was partly an acknowledgement of How no manufacturing businesses were playing an increased role in the Economy. But Fortune also recognized Early on the value of lists and rankings As a marketing Point for the Magazine which competes with Forbes and business week. A the Industrial list proved to be enormously popular with our readers so we determined it would be worthwhile to have a similar list for the service 500,�?� said Marshall Loeb fortunes managing a editor. A a a a under Loeb a tenure Fortune created two More 500 lists the global Industrial 500, begun in 1990, and the global service 500, which started in 1991. Those lists to be published later this year rank the biggest companies in the world. Wonderbra hot item at . Debut new York apr the wonderbra. One of european women a most revealing secrets sold at the rate of one every 15 seconds during its . Debut at three famous Manhattan department stores the importer said tuesday. More than one third of the entire allotment for its monday launch was gone within the first five hours said Sara Lee foundations the company that is Selling the wonderbra in the United states. The $26 Bra a feat of fashion engineering that creates cleavage where none had existed has been Selling in Europe for 30 years. Sara Lee has promoted its introduction in the . Market with an aggressive advertising Campaign calling the Bra the original a a supermodels a secret cleavage v / Chuck Nesbit vice president of marketing for the importer said demand for the Bra at Macy a flagship Manhattan store Abraham amp Straus Plaza and lord amp Taylor marked a the biggest sellout in the history of the Elaine Duffy lingerie buyer for a amps said shoppers jammed the stores intimate Wear department trying to buy the Bra limited to one per customer. A women were coming in with their friends their husbands and their boyfriends asking for the wonderbra she said with the wonderbra Sara Lee is Hying to get a bigger share of the $2.6 billion . Bra Market. The 54-piece garment contains a pad in the cup that shoves the breasts up and in. It will be sold nationally starting in August. A wins american polish airlines sign Deal Warsaw Poland up american airlines and the polish Airliner lot signed an agreement tuesday to form a partnership on joint marketing and promotion of their services. Peter Pappas president of Amr training and consulting group said the agreement will enable both carriers to improve service for the growing number of passengers who Are now travelling within Poland and across the Atlantic Ocean. Redwood City Calif. A a fired Delta air lines sales manager was awarded $275,000 by a jury that ruled Delta had invaded his privacy by putting him on a list of employees suspected of being infected with the aids virus. The Superior court jury also ruled that Joseph a. Sullivan was wrongfully fired. But it was unable to reach a verdict Mon Day on his claim that Delta discriminated against him because he was infected with his the human immunodeficiency virus that causes aids. The jury awarded Sullivan compensatory damages for emotional distress. It denied him punitive damages saying he did no to prove Delta had acted maliciously. Sullivan 39, was fired in 1991 after 13 years with Delta. He said he had told his supervisor 11 months earlier that he had the aids virus. He took two leaves of absence to undergo alcohol rehabilitation in 1990. Delta said he was fired for excessive absences personal problems and an inability to perform his Job. _ announces copier Tokyo apr Japan a Rich co. Said tuesday it has developed a photocopier with an automatic Page turning system for copying books and other bound a leading maker of office equipment said the new digital copier can turn pages and copy a wide Range of bound documents including manuals and Cata logs without damaging them. It said it plans to begin Selling the copier within a year but Hasni to decided on a Price. The system consists of a scanner and a Page turning Belt. The document to be copied is placed on its spine on a special tray that is inserted into the copier the company said. The scanner and Page turning Belt move across the original scanning the Page and turning it on the return. The Belt is charged electrostatically to attract can turn pages each Page Rich said. It can turn four Jetter size pages a minute a yielding eight copies including both sides of each Page. Rich said it May incorporate the Page turning mechanism in other types of office equipment. In recent months Rich also has announced a device that can erase photocopies to save paper and a translating photocopier
