European Stars and Stripes (Newspaper) - May 15, 1994, Darmstadt, Hesse                                Page 2d the stars and stripes Money matters sunday May 15, 1994 Dollar watch shown below Are the highest Dollar Exchange rates for the week of May 9-13 compared with Dollar rates for the same period one year and five years ago. German Mark one Dollar would buy you a California Likely to pursue 1.63 1994 1.57 1993 1.91 1989 a military Exchange rate British Pound one Pound would Cost you 1.49 1994 1.57 1993 1.66 1989 belgian franc one Dollar would buy you _ 40.26 34.48 33.20 1994 1993 l 1989 dutch Guilder one Dollar would buy you i.87 Iso 2-15 1994 1993 1989 French franc one Dollar would buy you 5.72 1994 5.43 6.48 1993 greek drachma one Dollar would buy you italian lira one Dollar would buy you 1,602 1,493 1,397 1989 1994 1993 Spanish peseta one Dollar would buy you 138.18 m91 119.10 1994 1993 turkish lira 1989 one Dollar would buy you 34,000 1994 9,957 1993 mandate for 2,050 1989 los Angeles a California probably will stick with its requirement that electric cars be on the Market by .1998, despite protests from car makers and questions about whether Consumers will buy them a state official said Friday. Technology for a marketable electric car is within reach and car makers must be pushed to pursue it said Jacqueline Schafer chairwoman of the California air resources Board. A i think we re going to stick with the mandate a Schafer told reporters. A a it a still a positive Force for advancing cleaner transportation technologies in  her comments came near the end of a two Day review of regulations adopted in 1990, that require 2 percent of the cars offered for Sale in the state in 1998 to be electric. A a the requirement rises to 5 percent in 2002 and 10 percent by 2003. It applies to companies Selling 35,000 or More cars a year in the state. During the review automakers said they can to build an electric car with the Range Speed and extras a like Power steering and air conditioning a that Drivers want. Some executives said electric car would be limited to Only 80 to 100 Miles Between Battery charges. The boards staff testified that some batteries could offer a 200-mile Range. But Board member Brian Bilbray said electric vehicles have advantages that might outweigh their limitations. For example they could be recharged overnight in a Drivers own garage. A would no to you like to Wake up with a full tank in the morning a he said. A the fact is Many of us Wake up and done to have five Miles to  new York up forget about Friday the 13th. Wall Street was too Busy Manning a a fed watch to be bothered with superstitions. Even last weeks pair of government reports showing inflation remained under control in april failed to erase Wall streets worries about a potential interest rate hike this week. The Stock and Bond markets a moved up and Down like a Yoyo a said Alan Ackerman executive vice president at Reich amp co. A both markets arc still on fed watch Quot he added. The Federal open Market committee the feds policy making body is scheduled to meet in Washington on tuesday and Wall Street widely expects the nations Central Bank to raise Short term interest rates that Day in a bid to head off inflation. However the size of the potential rate increase remains Uncertain. A everybody wants to know what the fed does a said Hildegard Zagorski vice president for National sales at Prudential securities inc analysts said investors Are looking for the fed to nudge the Federal funds rate which Banks charge each other for overnight Loans another Quarter Point to 4 percent it would be the fourth Federal funds rate move since february but the analysts said Market players expect the incremental increase to be accompanied by perhaps a half Point Rise in the discount rate to 3.5 percent. That will Mark the feds first move on new York Exchange new York up the 15 most Active stocks in new York Stock Exchange composite trading on Friday Slock sates last net chg. Citicorp 4.784.700 36%. Uric a Etc corp 4,461,200 15 is off 1 i Philip Morris a a. 3.698 800 a 52i/i up Tel Fonos oem 3,492,900 56 Quot a unch St Host airlines a Quot 2.955.400 2594. Off 1 % Motorola inc. Quot a 2,543,800 a 44% off a a a. Amr corp a. A entry we credit. A 2,480.800 53% a off 2%. Quot 2.426,700 a 16%up 2% Micron tech Trie 2,257,700 32% off % a. Dupont amp co 2,231,800 5944 \ up Chrysler corp 2,156,500 44%. Off v5 a Rwjr Nabisco hid a 2,092,300 .6% up 3-16 con Edison co a 2,075,300 27%oft. A at amp to company 1,995,700 52% a. Up great Lake . .1,988.200 �55% off % the discount rate a the rate the Central Bank charges on Loans to financial institutions a since july 1992. V a once we get the next fed action on tuesday expect the markets to Calm Down because there a be no More guessing game a said Ron Doran director of institutional trading at . King amp associates in Albany . For the week the Dow Jones Industrial average a which slipped 12.19 Points or 0.33 percent the previous week a Slid another 9.82 Points or 0.27 percent to 3659.68. The new York Stock Exchange composite Index fell 2.71 Points to 245.76, while the Standard amp poor a 500 dropped 3.68 Points to 444.14. Declines outnumbered advances 1,688-750 among the 2,774 issues traded on the nose. The Nash a composite Index c american Exchange new York u american Stock Stock Cheyenne Sotter expo rate co la tax corp. Echo Bay mines. Kirby corp Energy service a a a a Chiles offshore Royal Oak mines Hanoi of direct a us bios tence. A the 10 most Active stocks in change composite trading Friday. Sales. List net chg 996,400 865.300 735.300 659,200 376,000� 365.500 339,000 302 500 289,200, 265.500 we 1 5-16 17% 10v 18% a 315-16 4% 4. 57/t 7 off m off 1-16 off off i. Up up %. Off i up -1-16 of % up % c Dow Jones new York up a now Jones closing Range of averages on Friday ,. A. High Tow close change 30industrials 3690.32 3626.37 3659.68 up6.84 20 transport 1576.26 1540 of 1557.72 off 15.67 15 utilities180.20. 175.92 Quot 179.28 up 1.52, 65 stocks 1279.06 1255.64 1267.52 off 1.43 slumped 15.94 Points or 2.18 percent to end the week at 716.92. The amex Market value Index slipped 7,16 Points or 1.63 percent to 432.57. Weekly big Board volume totalled 1,346,063,189 shares Down from 1, 398,001,572 traded a week earlier but up from 1,257,869,403 in the same week a year ago. On the american Stock Exchange declines topped advances 506-287 among the 936 issues traded for the week. Volume totalled 75,922,570, compared with 80,984,245 shares a week earlier and with 116,468,975 in the same week a year  a amps new York a the follow Hubp 8.06 8 45 .01 �., Lindgr a 11.25 no ing quotations irom the nationals ult a 9.08 .04 so Cor 1004 10.04�? .05 association of securities dealers a the cup. 10.61 11.14 .01 Alger funds inc., Are the prices at which these. 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