European Stars and Stripes (Newspaper) - June 19, 1994, Darmstadt, Hesse                                Page 20 the stars and stripes Money matters sunday june 19, 1994 Dollar watch shown below Are the highest Dollar Exchange rates for the week of june 12-17 compared with Dollar rates for the same period one year and five years ago. Germain Mark one Dollar would buy you 1.61 1.61 2.00 mss my 1993 l military Exchange Rale British Pound one Pound would Cost you 1.56 1.57 1.57 1994 1993 1969 belgian Trane one Dollar would buy you. 42.70 34.12 33,63 1994 dutch Guilder one Dollar would buy you 1.81 1.81 228 1994 1993 1989 French Iran one Dollar would buy you 6.67 5.64 5.51 1994 1993 greek drachma one Dollar would buy you 244.00 215.76 173.15 Kalian Ira  1�?T5601,504 jmj �222ij 1,475 1969 Spanish peseta one Dollar would buy you 136.07 126.70 130.25 1994 1993 1969 turkish lira a one Dollar would buy you 32000 1994 10,515 1993 j . $908 on summer jobs for youths. A a. _ _ v. A or un.i�. Nair for Fifer Washington apr the Clinton administration plans to create More than 600,000 summer jobs for youth and has asked private employers to hire More than 300,000 other teen agers and Young adults. The government will spend $908 million to create 623,000 jobs for poor youth from age 14 to 21 who live in communities with High rates of unemployment. That is less than the $1 billion spent two years ago when the program served More than 780,000 participants. The Cost per participant is up from $1,282 in 1992 to an expected $1,458 this year. Assistant Secretary of labor Doug Ross said the program costs More per person because Many participants now also receive mathematics and Reading instruction Over the summer a a we re now investing in learning not just paying you. To show up on your summer Job site a Ross said during a news conference. He said 40 percent of the participants took advantage of the educational offerings last year and the Agency Hopes to raise that to half this year. Participants in the program earn at least minimum wage. Last year they worked an average 32 to 36 hours a week for eight weeks. Local program operators determine the kinds of jobs in which they Are placed. Labor officials Are pushing to increase the number of Young workers hired for the summer by private employers from 300,000 last year to 330,000 this year. A series of Public service announcements being sent to television stations across the nation include labor Secretary Robert Reich and basketball coach John Thompson of Georgetown University in Washington d c., describing their summer jobs and telling entrepreneurs a someone gave you a Chance a give someone  ? stocks Rise despite gloomy talk new York apr Wall Street strategists May be preaching gloom and doom but the Stock Market Isnit paying much attention. After dropping 9 percent earlier this year amid worry about inflation and rising interest rates the Market has quietly risen More than 5 percent since its near term Bottom in Early april a even with its Sharp decline Friday. The Dow Jones Industrial average fell 34.56 Points Friday to 3776.78, giving it a gain for the week of 3.33 Points a number of Wall Streeter and Market forecasters have said they foresee a significantly deeper sell off to come. But that does no to explain the markets rebound from its Spring swoon. A despite evidence to the contrary most people would be inclined to say it has been a bad period a said Hugh Johnson chief investment officer first Albany corp. Part of the reason has been the focus on troubling issues such As the four moves by the Federal Reserve so far this new York Exchange Quot new yep a Lipaj a tto 15 most i fort stocks in new York Stock Exchange compos its trading on Friday. ,. Uniss corp a gent Electa a Merck amp  inc Wal Mart stores general motors stat company Exxon clip a coca cola  Etc corp a Compaq computer Phlip moms. Pepsico Hie a a service merch. Ism corp a Walt Disney go St Lei ital net chg. Uncle fl.542,400 9 5,721.200. 47% 0k% 5,615.900 30%. Otth 5,578,000 a. 24% off a 5,369,500 a 53% unch 5,049,400 56% off a .4,992.300 58v a 0 1% 4,511.300 40 offy4 4,457,200 a 14% up 1 off of 3.899.9 10 32% 3.662,600 50% off % 3 649.900 31% off % 3,044,000 7 up % 3,034,109 62% off % 2,096,000 44% off % year to nudge interest rates higher in an attempt to forestall inflation. In recent Days several government reports have shown economic growth May be slowing. This past week reports on retail sales and Industrial production were softer than the fourth Quarter last year or the first Quarter of 1994, a the Market gurus and strategists have Mutual new York a he follow Long quotations Tram los National association of so Curths dealers inc.,. 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