European Stars and Stripes (Newspaper) - June 11, 1994, Darmstadt, Hesse                                Page 14 the stars and stripes Money matters saturday june 11,1994today�?Ts rates following acc fixed rates at which Community banking and credit Union facilities will sell foreign currencies to . Personnel for personal use British Pound. 1.55 dutch Guilder. 1.81 German Mark. 1.63 greek drachma .242,1188 note the rates Abow apply within the Host country. Figures Oro expressed in dollars to he British Pound other currencies to the Dollar following arc Interbank rates that. Fluctuate and should be regarded As the approximate value of the . Dollar to foreign currencies austrian Schilling 11.731 Bahrain Dinar. 0.37675 belgian franc. 34.35 British Pound 1.5057 Canadian Dollar. 1.3745 danish Krone 6.511 dutch Guilder 1.8675 French franc. 5.6775 German Mark. 1.6682 italian lira .1,614.00 Kuwait Dinar. .0,29765 norwegian Krone. 7,221 portuguese escudo 173.70 saudi rial. 3.75 Spanish peseta. 136.51 Swiss franc 1.4103 turkish lira. 32,000.00 note figures Ara expressed in dollars to the British Pound other currencies to the Dollar Gold quote $383.30 an ounce. Silver quote $5,36 an ounce a a sources merchants National Bank amp Trust co., the associated press United press International a new York Exchange new York up a the 15 most Active stocks in new. York Stock Exchange composite trading on thursday. Stock. Sale Lett net a Fig. Pepsico inc 21,126.100 31 % off 3 Etc corp 7,175.800. 13% off 1v. Compaq computer 4,844,60034% unch Sale card secs 4,114,500 17. Off % coca cola co 3,557,300 40% Oil 1 Merck so inc 3,338,700 31% up 1 Wal Mart stores 2,769,200 25% a up % Tel Fonos do my a a a 2,719,100 60% of Best buy co 2,644,600 25% off % Motorola inc 2,026,200 44% Orf. Micron tech inc 1,961,800 a 32% off Philip Morris 1,924,0.00 a 50% up general motors 1,857,400 50% up % Bear Stearns co 1,823,400 18% off Mcdonalds corp a 1,693,700 60% off 1v american Exchange new York up the 10 most Active stocks in american Slock Exchange composite trading  Silei Kiln Etc Cheyenne softer 4,430,400 17% off 2% exp Oral co la 3,723,400 1% unch Viacom in b a Bob,300 30% up 2% Iva corp a 607,600 16% off i Texas Meridian 311,300 14% up Weatherford inc a 293,700 11% off % he maj Gold mine. 277,900 a. Unch Echo Bay mines 270,600 10% up % Elan corp pc 265,300 33 up 1% giant fond a 245,100 20 off % Dow Jones new York up a Dow Jones closing Range cd averages on thursday. High. Low Clott change 30 industrials 3776 83 3721.45 3753.14 up 3,69 20 transport 1616.21 1594.5b 1605.17 off 7.73 15 utilities 186.99 -184.48 185.61 off 0.85 65 stocks 1312.12 1293.64 1303.46 off 2.11 . Inflation unlikely to leap in 94, poll finds Washington a inflation is unlikely to go on a rampage in the United states this year thanks to increased productivity and interest rate increases top . Economic forecasters say. The consensus forecast of 52 prominent analysts surveyed in Early june is for consumer Price inflation of 2.7 percent this year unchanged from the 1993 inflation rate. The monthly Survey by Blue Chip economic indicators a Sedona ariz., newsletter was released Friday. Last years inflation rate was the Best since prices edged up 1.1 percent in 1986. Before then the smallest increase was a 1 percent gain in the consumer Price Index in 1964. The Chi jumped 6.1 percent in 1990, before slowing to 3.1 percent in 1991 and 2.9 percent in 1992. A government report Friday appeared to support the forecast. The labor department said its producer Price Index fell 0.1 percent in May the second consecutive monthly drop. The report meant that wholesale inflation is up just 1.9 percent at an annual rate for the first five months of the year. The latest forecast was 0.1 percent lower than the economists 2.8 percent predictions in May and in their first 1994 poll in january. The Clinton administration earlier this year projected a 3 percent inflation rate for 1994. Robert j. Eggert sr., the newsletter editor who conducts the monthly surveys said panellists believe prices will be held in Check by two factors despite continuing economic growth. First he explained they see improved productivity because of a pressures of foreign Competition corporate restructuring and business investment in labor saving equipment a and he added they believe prices will be restrained by Federal Reserve interest rate increases both the four engineered earlier this year and others possibly to come. A the Blue Chip forecasters represent Banks businesses forecasting services universities and Wall Street firms. The panellists foresee a 3.3 percent inflation rate in 1995, unchanged from their May forecast. But Eggert said they cautioned that two factors could cause prices to Rise faster. Costs of some raw materials used in manufacturing consumer goods Are beginning to Edge up he said while the labor Market is tightening with a shortage of skilled labor putting pressure on wage costs. The consensus forecast also projects the Economy will grow 3.7 percent this year 0.1 percent faster than the May Survey and 0.7 percent higher than in january. Hotbed for hot dogs an unidentified worker at Kunzler amp co. Inc. In Lancaster pa., loads Frankfurter links into an oven wednesday. The oven is part of what is called the worlds largest hot dog machine which began operation wednesday. The $1.5 million machine will mix stuff smoke Cook chill and pack 56 hot dogs a second or 100 tons per  utensil firms admit Price fixing Philadelphia apr three companies that make most of the country s plastic dinnerware have agreed to  millions of dollars in fines for illegally raising prices attorney general Janet Reno said thursday. The companies and four of their vice presidents will plead guilty to fixing the prices of glasses cups and saucers from december 1991 to december 1992, Reno said. The companies Are plastics inc., Polar plastics mfg. Ltd. And Cornet products inc. Acc Hopes Mobile phone plan will Hook up with Low prices Washington a the nations lop telecommunications regulator has a personal interest in plans for a Low Cost and More Mobile Telephone he wants one for his 12-year-old son. The Federal communications commission adopted a plan thursday for making the next generation of Mobile phone service available to Consumers. It would give people a single Telephone number that would ring them at Home work or anywhere else they go in the country. The new service is expected to be available to some Consumers in 1995 at the earliest depending on How quickly companies can assemble tire licenses they need and build radio Lowers. The plan is designed to create More Competition among companies providing the service resulting in charges Well below cellular Telephone service said acc chairman Reed Hundt. It also promises to lower the costs of buying or renting equipment Hundt said. The phones should retail for about $-150. Neither Hundt nor potential providers would speculate on prices Consumers May be charged for the new service. But the acc expects it to be cheap. If Hundt is typical of potential customers the new service could have wide Appeal. He said in an interview that he wanted to buy one of the new phones to keep track of his Sun Adam when he a out with friends at the mall or the movies. The commissions plan cleared the Way for slivers of the Public airwaves to be used for a variety of advanced Mobile services which regulators Hope will also Lead to new consumer services not yet imagined. The plan makes available up to six licenses of varying slices of the airwaves in a Market potentially giving con Sumers across the country a Choice of up to six companies for serv ice. Under the pc cd sold plan adopted last year up to seven licenses were available. But acc officials said some of the licenses had technical limitations and companies would not have sought them. A License entitles a company to operate on a Sliver of the Public airwaves and to provide service to designated geographic areas from wide regions to Small metropolitan areas within them. On june 29, the acc will adopt rules for companies to bid on the new licenses