European Stars and Stripes (Newspaper) - May 26, 1994, Darmstadt, Hesse                                Page 14 the stars and Stripe Money matters today a rates f following Are fixed rates at which Community banking and credit Union facilities will sell foreign currencies to . Personnel for personal use 1 British Pound. 1.s5 dutch Guilder .1.80 German Mark. 1.61 greek drachma. 238.5914 nolo the Rales 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 Quot. A austrian Schilling 11.6305 Bahrain Dinar. 0.37698 belgian franc 34.06 British Pound. 1.5055. Canadian Dollar .1.3785 danish Krone 6.473 dutch Guilder 1 0541 French franc 5.6565 German Mark 1.654 italian lira. 1,596.55 Kuwait Dinar 0.2977 norwegian Krone. 7.16 portuguese escudo 171.15 saudi rial 3.75 Spanish peseta 136.06 Swiss franc 1.4115 turkish lira 33,000.00 nolo figures Are expressed in dollars to the British Pound Olhorn currencies to he Dollar a Gold quote $386.40 an ounce. Silver quote $5.60 an ounce. Sources merchants National Bank amp Trust co., the associated press United press International c new York Exchange new York up York Slock Exchange Slock a Merck 4 co inc Philip Morris a Gerber products Tel Fonos de my medical care am circus circus in corp a Chrysler corp Wal Mart stores Gen electric. Home depot inc general motors Motorola inc a Allied signal Pepsico inc a the 15 most Active stocks in new composite trading on tuesday. Sales 7,845,200 5.346.000 4,795,900 4.057.300 3.375.500 2.941,100 2,800,800 2.300.700 2.283.700 2.238.500 2.126,400 2.046.300 2.033.300 2.031.000 1.997.300 last 30tt 53vi 50v< Aiyu. 27 it 22w 63vb am pm 47 v4 a5�� 54v. 47v. 35 36vt Elcho up i Oft a up or up 1 up 3% of fit up 1 i off i up to up i up vhf up w Upali up i. Up a c american Exchange new York up a the 10 most Active stocks in american Stock Exchange comp Sita trading tuesday. Stock sales last net chg. A Energy of Mrvica \1,959,800 4 up Vuk Echo Bay mines a. 691,600 a 11 % off w Cheyenne Sotler Quot 5b4.500 191/. Ott vhf us alcohol stg a. 576.200 2 5-16 up i Nile Magnet Gen. 428,300 24. Top Ivi. Iva corp 350,200. 19vk up w expo rate go la. .334,600 1 5-16 unch. Viacom inc b. 292,600 29 up a a spa tech corp. 270,200 5 a a up 5-16 new York Timosa. 237,800 a 25w. Up i f Dow Jones 1. New York up1 a Dow Jones closing tango of averages on tuesday 30 industrials 20 transport. 15 utilities a 65 stocks High 3786.30 1623 27 a 184 08 1313.75 Low 3707.11 1592.37 181.78 close 3745.17 1608.04 183,30 1287.93 1300.67 change up 2.76 up 9.27 up 0.73 up 3.63 immigration does not Hurt . Job Market Washington tap immigration both Legal and illegal has Little Overall effect on jobs for native born americans the Urban Institute said tuesday. While Job trends can be depressed in stagnant local economies with High concentrations of immigrants a Overall the Job displacement effects Are trivial a said Michael fix one of the reports authors., in growing economies immigration improves the Job opportunities of Low skilled native workers the Washington. Based think tank said. \ a the evidence we Sec is Strong that immigrants create jobs a said Jeffrey passel who co authored the report based on census Bureau data and a review of other immigration studies. L of the estimated 1.1 million immigrants who enter the United states each year to stay 200,000 to 300,000 come illegally the authors said. They estimated the nations undocumented alien population in 1992 at 3.2 million significantly lower than others have said. The Center for immigration studies for example estimated the 1992 in Legal alien population at4.8 million. The reports findings stand in contrast to americans reported feelings about immigration. A lbs news poll showed this week that 53 percent of those surveyed said immigrants cause problems and that 29 percent said they think immigrants contribute to the United states. Three quarters of All immigrants Are concentrated in six states California new York Texas Florida new Jersey and Illinois. At a news conference the Urban Institute researchers said they found that Legal and illegal immigrants return More to the Federal government in taxes than they Cost in services. But they added the Burden varies at the state level and local governments pay put More in services for immigrants than they receive in taxes. Overall the estimated $70 billion paid by immigrants in taxes to All Levels of government More than offsets the Cost of services received generating a net annual surplus of $25 billion to $30 billion the researchers said. That conclusion contrasts with the findings of Rice University professor Donald huddle who last year created a stir with a study pegging the net Cost of immigration to All Levels of government at $42.5 billion in 1992. The Urban Institute report devoted some attention to huddles study criticizing its methodology. But the think tanks own work was called flawed by some lawmakers and organizations that seek to tighten the nations Borders. The federation Tor american immigration Reform which favors tougher immigration Laws criticized the study saying it a flow balls estimates of costs and overstates  fair also took Issue with the reports conclusion that immigration causes Little in the Way of Job or wage disruption for native born americans a How can you import millions of foreign labourers and not erode the bargaining leverage of the native worker a now playing new York Dpi Cine Lex Odeon and Loews theatres two of the nations largest movie theater chains have boosted Manhattan ticket prices 50 cents to an unprecedented $8. Toronto based Cine Lex cited rising costs in new York City and customer Perks a like cup holders on the backs of seats Advance ticket sales by phone and digital sound systems a As reasons for raising the Price. Its increase took effect $8 movie tickets Loews spokesman Marc Pascucci said the 175-theater Chain originally planned to raise prices Friday to $7.75 because of rising costs but added 25 cents to the increase when its competitor pushed prices to $8. A a v a a. A. Although officials for both chains said they did not expect Public outrage one Manhattan theater manager Philip gun  of the Chelsea Cine Lex said the change already was drawing Boos from a  a they say its horrible disgusting a Gunraj said. A and lots of other words i wont  Cine Lex which operates 365 Heaters across North America has been a Leader in raising prices. In 1988, than new York mayor de Koch called for a Boycott of Cine Lex outlets when it raised prices from $6 to $7. And in 19s9, it pushed prices to $7.50, spurring others to follow. The average ticket Price nationwide is $5.09, up from $4.45 in 1989. The top Price of $7.50 is Standard in major metropolitan areas but not in smaller cities. Howard Lichtman a spokesman for Cine Lex said a we think most patrons moviegoers in Manhattan now arc paying $8 a ticket at the two largest Cinema chains. Will understand that costs go up Over time and that it has been five years and that the increase is nominal. And when you compare the Quality of the movie going experience with the Cost of other out of Home entertainment you realize its quite . Pascucci noted that the Cost of doing business in new York City has gone up 10 percent Between 1989 and today while the 50-Eeni increase in ticket prices amounts to Only a 6.6 percent increase. With its pricing announcement Cine Lex released an analysis of the Cost of other entertainment noting that Only tickets for major league baseball games Cost less than movie tickets. A a it a still cheaper than your Ballet your basketball your football games your Broadway shows a Lichtman said emphasizing that discounts for senior citizens and children remain in . Reynolds opens factory in Poland Warsaw Poland a . Reynolds tobacco International opened its polish cigarette factory tuesday with Hopes of capturing a significant share of the local Market. The Plant with a production capacity of up to 15 billion cigarettes a year is Reynolds largest investment in Eastern Europe. A the company spent $33 million Over the past two years to launch production in the Warsaw suburb of Piaseczny and it plans to invest additional $50 million in expanding its operations in Poland. Reynolds is the worlds third largest cigarette maker with sales of $3.1 billion. Tourism up in ., Miami up a International tourism to the United states generated nearly $74.4 billion in 1993, an increase of 4.4 percent Over 1992, a . Tourist official said tuesday. A International receipts generated almost 900,000 american jobs in 1993 and added $7.57 billion to our country a tax Rolls a said Greg Farmer the . Department of Commerce a undersecretary for travel and tourism. He added that tourism is a one of the few sectors in which the . Enjoys a Trade surplus with most of our major trading  Farmer was in Miami to attend the travel Industry of americans pow wow �?T94, an International tourism marketplace where foreign tour operators meet with . Travel suppliers. Tuesday was the second Day of meetings for travel agents and tour operators. Farmer said Florida continued to Lead As the state most visited by overseas arrivals with 5.4 million travellers in 1993, followed by California and new York. New York City ranked As the City most visited by International arrivals. Los Angeles ranked second and Miami third. Miami a Overall International tourism figures grew last year despite the City a much publicized crime problems pushing it ahead of Orlando. Foreign visitors to Orlando fell 10 percent in 1993, while the number increased by the same amount in Miami. Nine tourists were killed in Florida Over a 13-month period beginning in october 1992, including two German tourists in Miami. News reports about violence in Florida appear to be taking a toll on the state. Orlando and South Florida lost substantial numbers of British and German visitors last year. But the Miami area was Able to compensate through an increase in travel from latin America