European Stars and Stripes (Newspaper) - July 4, 1994, Darmstadt, Hesse Page 22 the stars and stripes Money matters monday tuesday july 4/5,1994 i today a rates following Are fixed rates at which Community banking and credit Union facilities will sell foreign currencies to . Personnel for personal use British Pound .1.57 dutch Guilder .1.75 German Mark 1.56 greek drachma 235.17 note the rate3 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 a a austrian Schilling. 11.2855 Bahrain Dinar. 0.37675 belgian franc. 32.895 British Pound. 1.5235 Canadian Dollar .1.381 danish Krone. 6.299 dutch guilder.1.7962 French franc .5.4962 German Mark. 1.6035 italian Ira Kuwait Dinar. 0.29535 norwegian Krone. 6.9825 portuguese escudo 165.20 saudi rial. 3.7501 Spanish peseta. 132.46 1.3435 31,000.00 Swiss franc turkish lira note figures Are expressed in dollars to the British Pound other currencies to the Dollar. Gold quote $386.80 an ounce a Silver quote $5.36 an ounce a sources merchants National Bank amp Trust co. The associated press United press International seeks nod to buy rival s Stock Las vegas apr Bally entertainment corp. Is seeking permission from the Federal Trade commission to buy 15 to 25 percent of the Stock in circus circus enterprises inc., the founder of circus circus says. William g. Bennett circus circus chairman said he received a Call last week from Arthur Goldberg Bally chairman saying Bally would be seeking Etc approval under Federal antitrust Laws to Purchase the Large Block of circus Stock. Rumours of the Bally move sent circus circus Stock up $4,371/2 Friday closing at $25.87circus circus like most Casino stocks has dropped the past year. Bennett told stockholders at an annual meeting that the company had spent heavily to explore expansion opportunities from Australia to Chicago and was going to focus efforts on its eight Nevada properties. Bennett said he was told by Goldberg that Bally s had a no desire to run the company circus circus or take Over the Hollywood a Power in the worldwide film Industry was tackled head on by a group of european Union ministers Over the weekend. Eur to stress Cut subsidies for film Industry by Tyler Marshall los Angeles times Brussels Belgium a using words like a a watershed and a historic turning Point a the leaders of Europe s beleaguered motion picture and television Industry gave their backing saturday to a series of sweeping changes that they believe will enable them to compete effectively with Hollywood in the next Century. Those changes include a reduction of subsidies a commitment to restructure the Industry to stress marketing and commercial viability and a new Effort to move beyond individual Domestic markets and to exploit the european Market As a whole a something Only the americans have managed to do so far. A Strong political will and vision is required a now a warned Jour de Deus Pinheiro the european unions cultural affairs commissioner. In one respect the gathering of about 300 film Ana television executives for a three Day european audiovisual Confer ence Here was merely a consultative affair a a meeting that allowed senior eur officials to hear Industry views before finalizing a policy for the Industry later this year. But the views expressed and the consensus that seemed to emerge from the meeting reflected the enormous change that has occurred in Europe in the months since bitterly fought world Trade talks ended in december. In those negotiations the eur managed to override stiff . Opposition and win an exclusion of the audiovisual sector from sweeping free Trade provisions on grounds the Industry was More cultural than commercial. Since then however eur officials have warned that the Victory was Only temporary and that Europe a audiovisual sector would die if it continued to ignore Market demands to cede its Home markets to . Imports and to rely on a life support of More than $500 million a year in government subsidies. A a while there were no votes to convey the exact sentiments of those attending the Brussels conference Industry leaders appeared to abandon the idea that Europe a audiovisual sector could not survive with out Long term subsidies. A a there a been a sea change in thinking a said British film producer David Putnam former head of Columbia pictures in the United states. A a the audiovisual sector was always seen As a culturally led Industry with commercial dimensions. Now it is being a commercially driven Industry with cultural dimensions. When you be got people like German filmmaker Wim Wenders backing this you know the change is former French minister of cultural affairs Jack Lang declared a this meeting will be seen As a landmark. It is an historical turning Point Oyer the past decade the european audiovisual sector has grown at a brisk 6 percent per year but . Imports account for virtually All of this growth and movie theater audiences for european films have actually declined in their Home markets. In 1992, the United states exported $3.6 billion Worth of film and television programming compared with a Little More than $100 million that Europe exported to the United unveils tomorrow land tech for Epcot by David Germain a business writer new York a now for the latest attractions from Disney a Wristwatch that unfolds into a cellular phone a toilet that monitors Peoples health and a Bony robot that lip syncs Joe Cocker singing Mcelin alright. In the footsteps of the theme Parks visionary founder Walt Disney worlds Epcot Center on Friday opened innocent ions a tomorrow land of technology that a almost Here now. A i want people to say they saw it first at Disney property a said Walt Disney co. Chairman Michael Eisner in an interview wednesday in Manhattan where the company unveiled plans for the exhibit. Innocent ions offers a glimpse of gimmicks and gadgetry from about a dozen companies. Most of the technology is expected to hit the consumer Market within a decade or two some of it such As a machine that wakes you up in the morning and prepares eggs Toast and Coffee already is sold by Catalon retailer Hammacher Schlemmer an exhibitor at innocent ions. Disney a preview of things to come also includes a a smart House built by Masco corp. Of Taylor Mich. The House has an electronic pet door that lets dogs and cats in or out liquid Crystal windows that Flop from Clear to opaque for privacy and a lavatory equipped with a toilet that tests human waste for signs of illness and plays music to cover certain bathroom sounds. A a Dick Tracy Stylc watch by at amp to corp. That doubles As a portable Telephone. Quot a a robot named a Alec Tronick developed by Disney resembling the steel skeletons of the machines in the 7�?Temi/nafor movies. It sings dances and acquaints visitors with a variety of new electronic products including a a virtual music system that lets people play an entire concert on a computerized guitar Sega of America inc. Has set up a monster video Arcade to show off new games and try them out on Epcot visitors. The games that Click with kids will head to the stores those that done to will go Back to the drawing Board said Thomas Kalinske Sega president and chief executive officer. A a we la have massive research being done for us by Epcot visitors Kalinske said. The 100,000-Square-Foql exhibit is part of a general updating of Epcot Center which opened in Orlando fla., in 1982 with attractions that include the Parks trademark a huge geodesic dome called spaceship Earth. Like company founder Walt Disney who haunted research corporations for technology he could bring to the Public Eisner said he has been scouring Trade shows in search of innovations to put on display. With 30 million visitors to Epcot Center a year Disney a innocent ions May help ease a technology wary Public into the information revolution Eisner said. A i know people in new York that still refer to Telephone numbers like Butterfield 8. That world is passed a be said. A a it a the youth that has captured us and we should surrender comfortably. A today you can kind of proudly admit that you re phobic about technology a Eisner said a but five years from now you re going to have to be a closet phobic a an old out of it kind of septuagenarian dyspeptic person ambling or crawling along the information
