European Stars and Stripes (Newspaper) - June 23, 1994, Darmstadt, Hesse Page 14 the stars and stripes Money matters thursday june 23, 1994 today s rates following arc fixed rates at Quot which Community banking and credit Union facilities will sell foreign currencies to . Personnel for personal us British Pound .1.57 dutch Guilder .1.74 German Mark .1.56 greek drachma .236.0963 note the rates 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 schilling11.252 Bahrain Dinar 0.37675 belgian franc. 32.99 British Pound. 1.535 Canadian Dollar .1.387 danish Krone. 6.2775 dutch Guilder. 1.7927 French franc. 5.471 German Mark. 1.6005 italian lira. 1,573.15 Kuwait Dinar. 0.296 norwegian Krone. 6.9525 portuguese escudo .165.50 saudi rial. 3.7501 Spanish peseta 133.10 Swiss franc. 1.34b5 turkish lira .31,000.00 note figures Are expressed in dollars to to British Pound other currencies to the Dollar a Good quote $393,10 an ounce Silver quote $5.55 an ounce sources merchants National Bank amp Trust co., the associated press United press International r new York Exchange new York up a the 15 most Active stocks in new York Stock Exchange composite trading on tuesday. Stock sales late net Cho. Rwjr Nabisco hid 5,760,600 5 a l p i Compaq computer 4,525,600 31% off 1 % cent electric 1 4,060.500 46vb. Off 1 % Philip Morris 3,494,600 a is up 1 Wax tilth Nolous 3.162,600 2g% 0 1 % k Mart corp 3.049,300 Levic up i general motors a 3.045,900 52. Ott 1% Chrysler con Ford motor co 2.750.600 47. Off % a 2,501,300 58% Oil % ism corp 2,477,300 61 on % Wal Mart stores 2.249,000 23% Oil % Merck $ co inc 2,159.100 31 a up i on % Tel Fonos de my 2,079.900 57 a Etc corp ,. 1,972.700 14% Urich Micron tech he 1,912.300 31 i of i i american Exchange j new York up american Slock ext has the 10 most Active stocks m Nga composite trading tuesday. Stock a sales Tut net Chi Cheyenne soft vhf 3,857,600 m off % Royal Oak mines 1,181,500 4 11-16 up 5-16 Echo Bay mines Weatherford inc 640.200 11% up a 632,000 12% up % Amdahl corp 605,000 5% on w exp Grant Coli 603,100 by Unruh Hasbro inc 575,800 28% up % on a Max corp 492.000 15% Alc common corp 430,700 21 a unch inter gel comm 366.700 3% Ott % l Dow Jones 1 a. Mew York full a Dow Jones chasing Range i averages on tuesday High Low close Chinee 30 industrials 3/56.00 3674.60 3708 29 Oft 33.01 20 transport 1642,47 1609.37 1616.43 Ott 25.16 16 utilities 160 b6 176.77 178.42 011 2.24 65 stocks 1309.95 1201.94 1291.63 Oil 15.11 nearly 13,000 plow ahead with new Caterpillar strike a. To it it i i. I r it. A it. Re Nan tort or ant in i inn or r East Peoria 111. A nearly 13,000 United Auto workers members were on strike wednesday in the latest chapter of the unions three year contract dispute with Caterpillar inc the strike started late monday at a Plant in Mapleton Iii. By tuesday night it had spread to Denver York a. And five More plants in Illinois Aurora Decatur East Peoria Mossville and Pontiac. Another 730 Law members at Caterpillar plants in Memphis tenn., and the Peoria suburb of Morton cannot join the walkout because their local contracts contain clauses against striking. Caterpillar ordered salaried and management employees into the factories and announced it was accelerating plans to hire new full time employees at the affected plants. The company stressed that the new hires would not be permanent replacements. The outcome of Tulve strike could hinge on the real reason for the walkout. The Union says the strike is in response to unfair labor practices. If that s True Federal Law would prevent Caterpillar from hiring permanent replacement workers a a tactic the company used to crush a 163-Day strike in 1992 but Peoria based Caterpillar the worlds largest maker of Earth moving equipment said the Union is simply trying to Force the company to negotiate better contract terms. A a we will consider All options available to keep our plants running a Caterpillar spokesman Keith Butterfield said tues Oay a but its premature to talk about hiring permanent replacement the National labor relations Board and ultimately the Federal courts will de Cid if the strike was caused by unfair labor practices or the unions desire for a better contract. Both sides agree it could take years of appeals before the question is resolved a it s like a Bunch of Little kids playing it reminds you of two mules. Which jackass wins i done to know a said a Man who identified himself Only As Jerry As he walked a picket line in East Peoria. A a we re not even out of debt from the last strike a said Joyce Toothman wife of striker Jim Toothman. A a in a so frustrated i could the labor fight began after contract talks failed in november 1991. Workers went on strike for 163 Days but the threat of losing their jobs to replacements forced them Back to work in april 1992 under terms of caterpillars final contract offer. Negotiations broke Down soon afterwards. For a time the Law used Short isolated strikes to disrupt production. There have been nine Brief strikes Over labor issues since september and five since april 26. The labor relations Board has issued 92 complaints against Caterpillar for unfair labor practices. Last week the Union promised to strike unless Caterpillar began resolving the labor complaints and rehired 14 workers who had been fired for disciplinary reasons. Negotiators met with Federal mediators monday in the first face to face bargaining in two years but the talks lasted just 40 minutes. Caterpillar said 1,100 Law members crossed picket lines in the Peoria area. Law leaders said that figure was an exaggeration and an attempt to a scare Union members Back to the Law represents about 14,000 of caterpillars 38,000 . Workers. Caterpillar vice president Wayne Zimmerman said he did no to expect the company to lose sales during the strike. Caterpillars Stock dropped $4.25 a share tuesday to $102.121/ on the new York Stock Exchange. Moutain Bike sales climb in China Beijing up a craze for brightly coloured Multi Speed Mountain bikes is sweeping cities across China an official newspaper says. China a Urban youth brought tip on sturdy one Speed Black bicycles with Brand names such As a a forever Are switching to the state or the Art models the business weekly said. China produces 40 percent of the world s bicycles and Multi Speed and Mountain Bike now account for a Quarter of All sales a in the next five to 10 years demand for Mountain bikes will account for 50 percent of Beijing a bicycle sales a a spokesman for the capitals i Yuxing bicycle store told the newspaper. At More than three times the Price of a traditional Black one $40mountain bikes were out of the Range of chinese City dwellers until two or three years ago but sales have rocketed along with China s Economy. A ear a at 20 times the average an. Nual wage a is still far too expensive for most chinese but a fluorescent yellow Multi Speed Bike is seen As a status Symbol for China s Young salesmen and women on relatively High incomes a to not going to be seen Riding a peasant Bike a said a 23-year-old shirt Salesman Locking his Bike up at the Spe a bicyclist in Beijing takes a break by a pile of old bikes destined for the scrap Heap. Cial Mountain Bike parking lot outside Beijing a gut you shopping Center. He paid the attendant twice the going rate to make sure that no one scratched his machine while he was shopping for shoes. A this Bike needs looking after a he said. Mountain Bike manufacturers originally saw China As an Export base and nearly 200 joint ventures were set up mainly with japanese and taiwanese companies to produce modern bikes for european and american theme Park expected to be Marvel Ous Orlando Fla. Up. A Marvel comics characters such As spider Man a men and the incredible Hulk will be transformed into rides shows and other attractions at a proposed new theme Park officials reported monday. Representatives of Universal studios Florida and Marvel entertainment group inc. Sid they expect the Park to open sometime in 1999 As part of a multimillion Dollar resort expansion in Orlando to be known As Universal City Florida. Marvel themed attractions and retail experiences using cutting Evige entertainment technology will be featured at the new theme Park a spokesman said. The partnership Between Marvel and Universal studios Florida also includes plans for themed retail out lets featuring licensed Marvel merchandise that could Lead to a major Marvel presence at other Universal theme Parks in the United states and overseas said Terry Steward president and chief operating officer of Marvel. He said Marvel is thrilled to be associated with Universal a Marvel s role at. Universal City Florida will give Marvel fans a firsthand High tech experience with their superheroes. The Marvel universe will be brought to life in thrilling new ways for millions of families from around the world a Steward said. Tom Williams president and chief operating officer of Universal studios Florida added that Academy award winning director Steven Spielberg a has agreed to continue As Universal creative consultant throughout its Williams reported that since its opening in 1990, Universal studios Florida has become the third most visited theme Park in the United states and the largest working studio outside Hollywood for motion pictures and television. The Marvel area of the new Universal City Florida theme Park is to be part of a Long term relationship announced monday by Marvel 1mca inc. And its join venture partner in Universal studios Florida the rank organisation Pic a British firm. Plans for Universal City Florida include a second gated theme Park and entertainment Complex. have five themed hotels with a total of 4,300 rooms
