European Stars and Stripes (Newspaper) - June 12, 1994, Darmstadt, Hesse                                Page 20 the stars and stripes i Money matters sunday june 12,1994dollar watch shown below Are the highest Dollar Exchange rates for the week of june 6-10 compared with Dollar rates for the same period one year and five years  Mark one Dollar would buy you 1.63 1.59 1.97 1994 1 1993 i 1969 i a he a a a Ubhi Mem a military Exchange rate a British Pound one Pound would Cost you 1.55 160 159 1994 1993 1989 belgian franc one Dollar would buy you 34.40 33.69�?o�? 1994 1993 1989 dutch Guilder 1.82 one Dollar would buy you 2.24 1.79 1994 1993 French franc 1989 one Dollar would buy you. A 6.75 5.69 5.49 1994 1993 greek drachma one Dollar would buy you 242.12 215.22 1993 italian lira 170.20 1989 a a hmm one Dollar would buy you 1,618 1,487 1994 1993 1,444 1989 i Spanish peseta one Dollar would buy you 136.99 127.30 128,40 1994 1993 1969 turkish lira one Dollar would buy you 32,500 1994 10,323 1993 i 2,098 1989 i . Not easing Trade stance toward Japan official says Washington a the Clinton administration is taking pains to make dear that its recent conciliatory remarks a about Japan do not mean its resolve to open japanese markets is faltering. A we arc going to open the japanese Market to foreign competitive goods one Way or he other a . Trade represent. Alive Mickey Kantor told the House ways and Means committee on Friday. Kantor said the United states would not hesitate to use Trade sanctions if the a a framework talks designed to open Japan a markets in priority areas do not produce results. A the failure of Japan to import manufactured goods at the rate of other industrialized countries has had an Adverse effect on the world trading Community a he testified. A we want the framework to operate successfully but we will also be using our Trade Laws a Kantor said in remarks in tended to Clear up what some had seen As conflicting signals from the administration in recent weeks. Two weeks ago the United states and Japan agreed to resume the Broad framework talks which had been stalemated for three months Over a dispute Over what Type of benchmarks could be used to measure Progress. The United states pledged in writing that the criteria it was seeking to measure Progress would not constitute Quot numerical targets a though american negotiators insisted they were never seeking any Type of quotas in the first place. In Paris last week Kantor said the United states would not insist on achieving results in All four original priority areas in autos and Auto parts insurance telecommunications equipment and medical products a at the same time. While this decision not to push for a package Deal was widely interpreted As a softening of the . Negotiating position Kantor insisted to the committee and also to reporters that this was not the Case. A a we be never changed our position our rhetoric or our approach a he said adding that he was mystified at How his remarks had been interpreted. Kantor said he had a Telephone conversation Friday with japanese foreign minister Kiji Takizawa reviewing Progress in the various negotiating areas. On new York up a Wall Street meandered most oblast week As a Lack of major economic news left it dependent on Bonds for direction. Wall Street had to wait until weeks end to get the latest Reading on the Economy. Eugene per on i analyst at Janney Montgomery Scott inc in Philadelphia said stocks a pretty much followed Bonds but he added that the Lack of key economic news made investors  the labor department released the producer Price Index report Friday. Instead of giving a Clear picture it gave mixed signals. Although the report showed an unexpected decline in Overall producer prices it also showed a bigger than expected Rise in the a score rate of inflation. The Phi dipped 0.1 percent repeating its performance in april. But excluding the volatile food and in Ergo components All other producer prices for finished  the a score rate of in e new York Exchange 15 most Active stocks Irr new York Stock Exchange composite trading fonday. A Stock sales is Sinel chg Hanson pc 20,766.300 10% up % Pepsico inc Etc corp. 0,869,100 31% a of i 3.333,700 14%. Up % Sce corp hide 3,322,100 14 up % Compaq computer 2,61 b.7c0 35% up % Merck amp co inc. 2,260,100 31% Ufa %. Wal Mart stores 2,113.600 24%. Off 1 Bethlehem steel 2,109,300. A 21% up 1% Oryx Energy co 2,093,300 15%. Aft general motors 2,013,200 51%. Up a Citicorp a 1,965,600 �40% up % total co franc 1,944,300 20% a up v. Motorola inc t.924,200 46 up to Glaxo holdings 1,815,700 17 up % genl electric 1.705,00-0 47v. If % Flatiron a Rose 0.4 percent the largest climb in four months. The Bond Market reacted negatively to the report putting some pressure on the Stock Market. Uncharacteristically however the Stock Market this time a did not totally follow the Bond Market. It had a mind of its own a said Alan Acker Mutual new York a the lot of ing ducnutions., a Tufti tie Nair Phil association of Sci Arrles Deaton. Inc. Us fee prices at which it use securities of Flold Tiave been Scad net asset Krasae w trough value plus sales charge Friday Sill buy Chi. 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