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Publication: European Stars and Stripes Sunday, May 29, 1994

You are currently viewing page 20 of: European Stars and Stripes Sunday, May 29, 1994

     European Stars and Stripes (Newspaper) - May 29, 1994, Darmstadt, Hesse                                Page 20 the stars and stripes Money matters sunday May 29,1994 Dollar watch m Hiim i shown below Are the highest Dollar Exchange rates for the week of May 24 -27 compared with Dollar rates for the same period one year and five years ago. German Mark one Dollar would buy you a a. 2.01 1.61 1.60 1904 1903 i960 i Mary Exchange rats British Pound one Pound would Cost you 1.55 1-57 158 1994 1993 1969 belgian franc one Dollar would buy you no 42-30 34-06 33.6i a j my hrs a we a dutch Guilder one Dollar would buy you 2.27 1.80 1.83 1994 l 1993 l1989 French franc one Dollar would buy you e a 6815.66 5.52 1994 l 1993 l greek drachma one Dollar would buy you 24056 213.57170,40 1994 19 italian lira 1989 one Dollar would buy you 1,596 1,489 1,460 1994 Jwj Spanish peseta one Dollar would buy you 136.55 124.72 125.55 1994 1993 1989 turkish lira one Dollar would buy you 33,000 1994 10,161 1993 2,093 1989 fed s Greenspan raising of interest rates by the Washington Post Washington the Federal Reserve began raising Short term interest rates earlier this year a without widespread indications that inflation has picked up a fed chairman Alan Green Span said Friday because the Central Bank feared that Low rates and rapid growth would make inflation worse. But two senior democrats on the Senate banking committee Paul Sarbanes of Maryland and Jim Sasser of Tennessee accused Greenspan and the fed of jumping the gun. They argued that it was certain that higher rates would slow growth and Cost the nation jobs and that the Central Bank could not be sure inflation would Worsen even if interest rates remained Low. A a a we be got a Basic disagreement or. Chairman a Sasser told Greenspan. A i done to see the inflation and in a willing to run a tiny Little risk to get some quarters of robust economic growth going Here not Putter along indefinitely at 3 percent 2.5 percent growth with High rates of  Greenspan told the hearing a history unequivocally demonstrates that monetary accommodation taking no action when the Economy is Strong risks a significant acceleration of  committee chairman Donald Riegle jr., d-mich., noted that with an upward revision in growth figures for the first three months of this year announced Friday by the Commerce department the Economy has grown by 3.7 percent in the year ended in March. At the same time employment was up by 2.3 million jobs and the unemployment rate Down by a full percentage Point. Riegle unlike his colleagues did not directly criticize the fed. Instead he said a that while he does not want to lose the gains that have been made against inf a Tion a it would be Foolhardy to us to needlessly bring this economic expansion to a premature  Settle Down after inflation scare new York Orpi Wall Street took a breather last week after going through bumpy rides for weeks worrying about inflation and interest rates. Aside from a Brief inflation scare at the beginning of the week Wall Street had a relatively quiet week ahead of the memorial Day Holiday. Stocks tumbled monday As inflation fears fuelled by rising commodity prices caused Bonds to totter. . Moore investment strategist at a bpm Argus in Santa Barbara calif., said a a surge in commodity prices sent Bonds reeling and stocks followed  he said the Sharp Rise in agricultural and precious metals prices carried with it a the potential for inflationary  the commodity research Bureau Index of 21 widely watched commodities often used by investors As an inflation barometer Rose 4.67 to 238.36 a its highest level since october 1990. But stocks and Bonds settled Down the next Day As commodity prices began to ease then drifted in a narrow Range the rest of the week. Alan Ackerman executive vice president at Reich amp co., said a nothing much happened. The markets took a breather ahead of the Long  Ackerman said that even the Bond Market which usually provides direction to the Stock Market had a Little to get it going in either direction a adding that a commodities were on the quiet Side and new York a the allowing quotations. Tram the National association of securities dealers inc., Are the prices at which these securities could have been sold net asset value or bout to value plus sales charge Friday. Sell buy chg. A amps my Mutual Bond p Carp my Bop a most. Ute aah Towt Bals amp a. Car Gilm a Hirw he by to fed Abt funds a Ematz flt a than p Ute in p of inca aha fund Baian. Full Lorp aim fund dig up a Prev p Balas Chart p const p Gusc p Onha i Goth p Hodap Hvidt. Inco p Intel p  p sub p us ill 9.65 10.1314.52 15.2410.59 11.12 9.74 10.23 9.77 10.26 .02 .02 .01 14.59 31.42 14.97 33 25 1544 1741 .03 .09  Nln .04 no .07 no .04 no .02 ,02 .01 13.59 14.2710.14 10.65 10.63.11.37 1050 11.02 .01 11.35 11.92 the cup Tfirn it lip a tilt value 1 Valu p Well up am fund adj mtg a in mtg into Liq a a it Csc Ark fund caper Grinc income asm cd Avesta. Bal cd. Esgro eel no. Income a nor funds 10.74 10.67 12.50 12.50 2089 20 94 1675 a 965 9.46 10.55 10.48 10 21 10.18 9.62 9.78 16.97 18.11 17.98 15.37 9.92 no 11.98 9.58 10.12 no no Nln 9.65 975 24.41 25.8315.39 16.16 8.79 9 30 17.01 18 00�? 9.40 9871073 10.731078 11 419.57 10 Oso 9.56 9 567.55 7 93�? 12.83 13 589 93 10 038 16 8 579.33 .02 01 .01 .01 .04 ,01 .01 .01 .01 .01 .01 .01 .01 .01 .01 .01 .01 in toxin Mort she Lotf a cml a emf ads Cap adv Bali. Adv rep. Adv Tel Advant Gorlp Gwla p by Bop Inco p Mubin Sci p Aetna fund Aetna ,. Aslaner Bond i Owji. Growl no into of so Cor Alger fund gig the 11.60 11.76 11.92 15.92 13.17 20.65 10.13 9.71 9.10 16.49 .8.68 12.44 9.35 19.30 10.63 8.85 9 79 10.32 10.91 11.16 10.07 new York Exchange j new York up the 15 most Active stocks in new York Stock Exchange composite trading on Friday. Quot. A stack Philip Morris. -. A Upjohn co a a Citicorp Merck s co inc Glaxo holdings Motorola inc genl electric a computer Assoc Telef Onosode my general motors Rwjr Nabisco hid. Ism corp Wal Mart stores Ford motor co a Natl mad enters Silei list. Natch off. 4,029,300 so2.532.200. 311 off m 2.421,400. 39 i up Oft vat 1,823,200 sover 1,767,000 16 off 1,743,800 47 off i 1,730,300 49 up 1,646,200. A a 42 Vuk off % 1,456,000 62. Up 1 1,393,500 54 a unch 1,369,900 6. Unch 1,359,600 63vi off 1,345,100. 23w up vhf 1,206,100so a up v4 1,178,300 -16v off Mutual 11.20-01 10,78 .01 1323 .01 12.50�?o .01 20.69 .01 22.16 .02 17.72 01 no 01 a no .01 no .01 no .02 no no .01 no .01 no ,01 18.97 18.11 .03 17,98 16.37 .03 no .01 no .02 no .01 1592 13.17 .04 21.29. .04 no .02 no .02 9.10 .02 16.49 .02 8.63 1244 .01 q 36 19j0 .04. No .02 no .03 no ,01 10.32 .01 no .02 no 1007 .02. Incur r mid Chi so Cape asian it Cap alien p a Blanp Bambi Bondad in Stein.  a pc p. Count p gig by a Gabsa p gotta p gov top goal up girl nip go the it hip go that Grin cup girl Nib Inma p i numb inst up Tutta p Mruga p. Or igbo or top 11.53 11.53 .02 11.62 11.62 .01 20.91 20.91 .02 6.67 6.97 13.53 14.13 14.21 14.21 12.93 135010.46 104612.92 129212.92 12.9217.04 17.80 9.05 9.0511.81 11.31 7.94 7.94 7.94 2.33 .03 .01 02 .03 .01 .04 .04 .10 .02 .02 19.90 19.90 mag top a Lgth p met Lac it tent Mesa p my set Mcamp Mcamp Mcamp a flip Mica a Mil cab Minbu Mohip Mun Fly in Jap Maya p 8.29 .02 7.94 .02 7.94 .02 2.43 20.62 20.62.05 24.30 25.38 .06 20.61 20.61 2.32 2.32 11.56 11.58 9.62 10.05. 9.63 9.63 9.62 9.62 16.23 19.04 6.54 8.928.54 8.548.53 8.533.70 10.139.71 9.71 9.71 9.881.85 8.688.3110.45�? 10.0110.019.10. In yep Mnych p a map a much Nerup Neury naga Nagji Nagac pm Lap a glib p Yusra p St Mian St mint tech we Tnp a South fund a 9.33 9.33 9.94 9.94 12.35 12.13 9.14 9.14 9.14 11.70 11.61 2220. 8.90 8.90 26.56 1.87 .05 .08 .02 .02 .03 .01 6aanc. Bond a a equity a attn lid Mai re get a Manalac am builder fid 11.71 10.57 14.64 947 10.21 1701 12.54 9.71 9.88 1.85 8.31 8.31 10.01 10.01 10.01 9.10 bal cd Bond corer growth id silk Intond into St scour 01 Ambau Ader inv 9.72 9.46 15.95 12.63 11.81 9.49 13.03 13 28 .01 .01 .01 .01 .01 12 57 13.13 -.01 1257 12.57 .01 9.94 9.94 9 34 9.34 9.27 927 9 27 9 27 933 9 74 Bond corer Gram Intond a ind St Milf by scour twin Ted 9.46 15.94 12.62 949 13.02 9.30 13 27 10.24 ambassador ret a .01 .01 Bond i cores growth ints int Tsik 9.46 15.94 12 62 949 1302 i american Exchange new York up the 10 most Active stocks m american Stock Exchange composite trading Friday. Stock sales list net chg. Exp Loran co la. A Quot. 4,044,800 m off w. Cheyenne softer .336,500 a a 19vv up1. Energy service. A �52,500 4 a unc Viacom inc b 250,500 29 up sulcus computer 217,900 -4w up greyhound lines. United foods a. 179,900 8v4 off 170,600 2 5-16 up f-10echo Bay mines 156,800 11 unch Royal Oak mines. Chiles offshore. 146,800 4 3-16 unch 144,100 415-16 off 1-16 inflation fears remained muted a he said a most people feel that unless there a a real uptrend in commodity prices and inflation fears Start to run rampant the fed will stay Neutral until the  for the week the Dow Jones Industrial average which soared 106,67 Points or 2.9 percent slipped 9.21 Points or 0.24 percent to 3757.14. But the new York Stock Exchange composite Index Rose 1.21 Points to 252.79, White the Standard amp poor a 500 added 2.41 Points to 457.33. Advances topped declines 1,315-1,078 among the 2,767 issues traded on the nose a a a a  Nash a composite Index also Dow Jones new York. Up Dow Jones closing a. Range of averages on Friday. A. High Taw close Chen 30 industrials 3772.18 3723.68 3757.14 up 3.60 20 transport 1627.90 1601.88 1622.83 up 14.57 15 utilities 187.71 185 01 166,73 off 0.85 �5 stocks 1314.98 1296.46 1309.89 up 3.79 jumped 6.44 Points or 0.89 percent to end the week at 733.14. The amex Market value Index Rose 2.74 Points or 0.6 percent to 440.94. Weekly big Board volume totalled 1,223,491,626 shares Down from 1,483,419,433 traded a week earlier but up from 1,203,662,751 in the same week a year ago. A a a a a a a on the american Stock Exchange advances led declines 390-379 among the 926 issues traded for the week. 933 9 33 10 38 q 04 u9q .10 no .10 9.55 .01 9.14 .01 9714 .02 12.22 .05 11.61 .05 23.19 .04 9.30 8.90 27.74 .11 1.87 12.26 .01 10.90 .01 15.33 .02 9.76 10.53 .01 17.81 .04 no .04 no no no .04 no .01 no .01 no .01 no no .01 no no .04 Nln .01 no .01 no .01 9.30 of no .02 no a 9.83 t6 56 .04 13.11 .01 9.88 .01 1353 .01. Scour 13.27 13.79� twin la t 10.24 10.64 Alcor Vintage equity 10.41 10.87fax Loco 9.72 10.10 a int of 9.96 10.35. Amir adv Jerrt .02 .01 ,01 Balan equity in Leq it Der. Am a capital ctn Sta p cams Tel p cab Asp up Dap a Marc Gap Egby a Flap in top Seq inca p eel Nubi a eel acc p a exch of map. Pm Gap Gie a p Glen by gig a p gig by gig up Gas Cap go sub p go Scop gvt97 p go tap go tip Gutic p Grinc p Grin cup Harrap Harby p Hiyi Dap Hill dip Cuba p Mun by Pace p .01 .01 12.16 nl-13.76 Nln �12.22 no .04 a 9.79 no 15.67 16.84 a 15.88 15.86 a a .6.66 6.66 .02 6.66 6 99 .01 23.90 23.90�? .01 24.08 25.55 .01 23.6 1 23.61 .01 12.00 12.73 11.92 11.92. 5.36 5.69 5.35 5.35 �5.35 5.35 a 110.54 12.-11 1239 12.12 12.1211.69 1240 11.50a 8.35 0.77 a a 8.39 no .02 8.34 no .02 10.05 10.5510,06 10.0610.04 10.041303 13.43�? 8.35 8.778.34 6.348,34 0 3412.55 13.32 12.55 12.55 14.11 14.97 14.04. 14.04 6.29 660 6.30 6.30 10.00 10 50 10.00 10 00 11.40 12 10 .02 .01 .01 .03 .02 .02. .02 .02 01 .02 .02 -.01 .01 .01 .01 Pace p Vehap the hip to Lap -. The Imp to map a uti Lap Amerl Cinoc a Bali a amp p Amuil p Bond p Capalb p Capp Cap we. Tupac p cd lev p Gorlp a whip Hitup Inco p ints p. Jct p let be Necip n per p a 1 Aglah a her amur Goth 11.33 11.37 10.83 11.6411.09 10.29 .01 .9.05-.01 .01 01 .04 .01 .01 .g9 12.8512.77 22,84 a 13.9934.0816 28 .01 18.80 .05 22.74 ,73 18.96 .02 13.94 .02 27.94 .07 14,97 1446 .02 14.09 .02 19.69 .03 14,78 15.63 15.9324,12 12.23�? .02 16.12 .02 15.75 .03 16.27 .01 18.60 9.92-l no .06 .02 .01 .01 api am bom 447 22.55 .03 16.27 i no .01 9.73 .02 11.88 .01 10.56 .02  
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