European Stars and Stripes (Newspaper) - June 15, 1994, Darmstadt, Hesse                                Page 18 the stars and stripes Money matters wednesday june 15,1994 a today a rates 1- following Are fixed rates at which Community banking and credit Union facilities will sell foreign currencies to . Personnel for personal use British Pound. 1.56 dutch Guilder .1.79 German Mark .1.60 greek drachma .242.4542 note 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 austrian Schilling. 11.5475 Bahrain Dinar. 0.37675 belgian franc .33.90 British Pound .1.5195 Canadian Dollar .1.3827 danish Krone. 6.4275 dutch Guilder. 1.8435 French franc. 5.6092 German Mark .1.6439 italian lira. 1,594.50 Kuwait Dinar .0.2972 norwegian Krone. 7.1234 portuguese escudo.170.70 saudi rial. 3.7498 Spanish peseta .135.23 Swiss franc. 1.3843 turkish lira .31,500.00 note figures Are express of in dollars to the British Pound Olhorn currencies to Tho Dollar Gold quote $383.50 an ounce. Silver quote $5.39 an ounce sources merchants National Bank amp Trust co the associated press United press International c new York Exchange 1 new York up a the 15 Mast Active  new York Slock Exchange composite trading monday Stock sales Lait net chg. Hanson pc. 28.941,100 19 a up Tel Fonos of my. 4,260,700 58w on 2 a Pepsico inc .4,083,600 3m a up a Philip Morris 3,644 600 .50 Oft a Exxon corp 3,512,800 59v& o1f 2vi coca cola co 3,106,000 39tt. Tvs a total co franc 3,167,300 28v5 off i Compaq computer Natl Semf conduct 2,486.900 35 cart a 2,266,600 20. Unch ism corp general motors 2,164,500 63w a up 1 i 2,148,700 52w up us surgical co 1.765,000 22a Pitk Shaw industries 1,634,100 16 it Oft 1 Chicorp 1,630,100 41 it a tip to Wal Mart stores 1,575,800 24�?~rt up is american Exchange new York up k Tycha. The 10 most Active stocks american Stock Exchange composite trading monday. Stock Sale lilt Nel chg. Exp crate co la 1,056,500 m up a on 4k Cheyenne softer Hasbro inc. 760,400 16 i 694,300 3m Oil h Wax corp Weatherford inc 544,400 16vb o3. 446,700 1 to unch dig icon inc 267,600. A 1 3-16 a or Sig int Cree common 264,500 14vk a up 7 Echo Bay mines Viacom inc 6. 242,500 was up 207,400 30 a Oil i be Mac corp 202,700 1 it. Up a c Dow Jones new York up a Dow Jones closing Range of averages monday. Low clots 30 industrials 20 transport 15 utilities 65 stocks High 3808.17 3741.26 3783.12 1626.36 1602.74 1610.19 187.32 185.01 106.92 1321.06 1300.08 1313 81 Chance up 9.67 up 9.53 up 0.79 up 5.20 germans French buying into . Phone company Bonn Germany apr Germany and France announced tuesday that their biggest telecommunications companies had  pay $4.2 billion for a 20 percent stake in sprint corp., the third biggest . Long distance Carrier. The investment by Tele Kom of Germany and France telecoms represents sprints first step in the development of a worldwide Telephone network. Sprint has trailed its larger . Rivals at amp to corp. And Sci communications corp. In forging International alliances. The formation of such ventures Means More to. Businesses than to Consumers analysts said. France telecoms and its German counterpart will split the $4.2 billion investment said Helmut Ricke chairman of Germany a Tele Kom. The Deal must be approved by regulators in All three countries. The French and German companies Are each owned by the state and face considerable obstacles in competing with leaner faster moving private companies. Sprint and the two european partners intend to have a big Impact on the International telecommunications Market. Competition is especially fierce in Eastern Europe and the far East where phone systems Are obsolete. The companies said the three partners intend to Combine their International networks a within the limits authorized by  they said they will cooperate on voice data and image transmission services for multinational companies and Large business clients International services for residential customers concentrating initially on calling card services and International operator to operator services. Under a memorandum of understanding among the three companies France telecoms and Germany a Tele Kom together will buy 42.9 million shares of a new class of sprint shares at $47.22 a share within two years after the initial investment that represents an 18.4 percent Premium Over sprints latest close. Sprint finished at $39,875 a share up 62vi cents in trading monday on the new York Stock Exchange. Under the Deal the French and German  companies would then buy another 42.9 million sprint shares of the same class at a maximum $51 a share. The investment represents a first and major step in sprints development of a worldwide Telephone network. The biggest Long distance Carrier in the United states at amp to has relationships with companies in Japan Singapore Australia and new zealand. It also is investing tens of millions of dollars in a subsidiary in China. A year ago British telecoms invested $4 billion for a 20 percent stake in Sci a Deal that is still awaiting the approval of . Regulators. Before tuesdays announcement Howard Anderson managing director of the Yankee group a Boston based research firm said he believed France telecoms and dip Tele Kom had decided to pay a hefty Premium for sprint Stock. No More Munch a no spit this Watermelon is lacking something a All those Black seeds. Dennis Gray a developmental biologist with the University or Florida shows a Gourd developed by the schools Institute of food and agricultural sciences research and education Center in Leesburg. The pioneering Melon however does have Small White edible seeds similar to those in  plans to drop 2,500 employees Atlanta up Delta air lines said monday that it was slashing its technical operations division by More than 22 percent or by about 2,500 employees Over the next 12 months. The reductions Are projected to contribute to the division s goal of saving $175 million to $280 million for the Carrier the company said. Delta said people in technical operations will be offered voluntary programs for reducing staffing a prior to any necessary furloughs.�?�. Treat maker recruiting Cream of the crop Waterbury it. A the co founder of Ben amp Jerry a has decided to chill out and step Down. And he a come up with a Cool Way to choose his successor. A co founder Ben Cohen said monday that he was leaving his Job As chief executive officer because the super Premium ice Cream maker needs a More experienced business hand As its Leader. A this particular Multi College dropout and failed pottery teacher is not going to be Able to Lead our company into its next Era a said Cohen an sex hippie who helped launch the company 16 years ago in a renovated filling station. Cohen wearing khakis and a purple Ben amp Jerry St shirt said the company wanted to find a a very very unusual  and True to its legendary quirkiness the company is using a very very unusual method a recruitment poster modelled after the one once used by the . Military. The poster shows Cohen and co founder Jerry Greenfield wearing Uncle Sam hats fashioned out of ice Cream containers. A we want you to be our ceo a they say. Candidates arc asked to explain in 100 words or fewer Why they would make a Good ceo. They must mail their entry with a lid from their favorite ice Cream flavor. First prize is the Job. Second prize is membership in the ice Cream for life club. A go for this one a the poster advises. A a it a a belter  to shirts will go to 100 runners up. A a we re try ing to have fun with this a Cohen said. A i do believe there Are qualified people for this Job who would not normally be uncovered by  Cohen will stay on As chairman and focus on product development and promotion founded on a philosophy of social change and Community service Ben amp Jerry a has waged campaigns to promote peace and save the rain Forest