European Stars and Stripes (Newspaper) - July 8, 1994, Darmstadt, Hesse Friday july 8, 1994 Money matters the stars and stripes Page 15 i today a rates following arc fixed rates at which Community banking and credit Union facilities will sell foreign currencies to . Personnel for personal use British Pound. I .58 dutch Guilder. 1.73 Gentian Mark .1.54 note Trio rates above apply Wilbun the Host country. Figures Are expressed in dollars to i to British Pound Othor 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 11.00915 Bahrain Dinar 0.37675 belgian franc 32.66 British Pound. 1.543 Canadian Dollar. 1,3855 danish Krone 6.20 1 dutch Guilder 1,769 French Tenc .5.4175 German Mark 1.577 greek drachma italian lira 1,566.75 Kuwait Dinar .0.2956 norwegian Krone. 6,91 portuguese escudo. 162.90 saudi rial. 3.7503 Spanish peseta. 131.03 Swiss franc 1.3275 turkish lira 31,000.00 note figures Are expressed in dollars to the British Pound other currencies to the Dollar Gold quote $383.90 an ounce. Silver quote $5.25 an ounce. A sources merchants National Bank amp Trust co., the associated press United press International u new York Exchange j new York a sates the 15 most Active new York nationally wednesday 4 and net Catiang of Stock Exchange issues trading name volum last Clig. Dime Accarp. 3,135.400 a 9 -1 cml group 5. 2,966.500 9 -1 Motorola s 1 2,876,700 44 for motor a 2,552,500 2b14 Tel Max aos 2,390,000 56 a n 2,234,300 15 unch go motors. 2,165,600 49 Sustal Rhes 1,972,600 27 ism. ,. 1,912,300 57 a Philip morals. 1,850,300 52 1 Pepsico 1.725,100 �30 n Chrysler. 1,724,bd0 46 Geneice s. 1,695,600 47 of left ult arc sit 1,684.700 44 i -1 Texaco. A 1,453,400 62 1 l american Exchange 1 new Vork apr sales closing Price and net Changa of the 10 most Active american Stock Exchange issues trading nationally wednesday. A a. A Nam volume Tail Clig. Excl Ltd 1,022,000 15/16-1/16 chess its Quot a 688,900 8 h Collar of 559,600 26 a Weatherd 432,000 13 a h Hasbro 383,100 26 Viacom re 383,000 a w Ivan up a 356,100. 15 amp Alai a 334,200 -7 to Viacom owl. 327.500 31 Vuk Echo Bay 317,200 10 a h c Dow Jones new York apr Dow Jones closing Range of Ever. Ages on wednesday. High Low Clote Chinn 30 industrials 3698.13 3631,11 3674.50 up 22,52. 20 transport 1613.56 1579.35 1535.02 is utilities 130.53 177.23 179.03. Lip 0.99 65 stacks 1290 86 1266.09 230.10 if 2,35 acc allows phone firm to carry television shows Washington apr Federal regulators1 plan for Telephone and Cable companies to Duke it omit locally for video customers has moved out of the Laboratory and into the Field. The Federal communications commission cleared the Way for Bell Atlantic new Jersey to carry television programs Over its phone network to 38,000 residents of Dover township in the Central part of the state. The commission has approved a handful of phone company experiments with video service but wednesdays announcement was the first go ahead for com me Sci a 1 serv ice. Acc. O offic i als s a id 21 other commercial applications Are pending. The Cable Industry will Appeal the pc cd a decision in court said Decker Anstrom president of the National Cable television association. A this is not a test a said Bob Schxna president of future vision Bell Atlantic new jerseys first program provider. Under the commissions rules local phone companies May deliver programs created by others Over their telecommunications networks. Program providers which pay a regulated fee to get on the phone company a network set prices Consumers will pay for individual programs or packages of programs. Future vision plans to program 60 or 384 channels on the phone company s system Early next year Schena said. He said his customers will pay �?o20 percent less than they currently pay for com parable video Schxna also is negotiating contracts with Cable networks and other program services. Quot a the pc cd a rules adopted in 1992, arc designed to allow Competition with local Cable companies. Before then Cable generally was excluded from the Telephone business and vice versa. To carry video services most phone companies including Bell Atlantic new Jersey must rebuild portions of their network. Bell Atlantic new Jersey has said costs will be picked up by shareholders. Consumer groups and the Cable Indus try want the acc to adopt rules to ensure that costs related to making the phone. Network capable of carrying video Are borne by shareholders not Telephone customers. Survey of world s richest people new York apr the family of the late Sam Walton founder of Wal Mart ranked As the worlds richest this year with a Fortune totalling $23.6 billion Forbes Magazine reports. Yoshiaki Tsutsumi the japanese hotel and Railroad magnate was the richest individual. His net Worth comes to $8,5 billion. Taken together the worlds billionaires a both families and individuals a have become a less exclusive group with their ranks swelling by 47 to 358 from a year ago according to Forbes. Annual billionaires ranking released this week. The billionaires Are Worth a combined $765 billion. Quot. American families ranked at the top of the list. Following the Waltons were the Mars family with a Fortune of $9,6 billion and the do fonts listed As being Worth $9 billion. Among individuals Microsoft founder Bill Gates was behind Tsutsumi with a net Worth of $8.2 billion. After the software innovator came the former richest individual american investor Warren Buffett whose net Worth totals $7.9 billion. In Overall numbers the United states ranks As the worlds largest producer of billion Dollar wealth with almost three limes the number of billionaires As the next closest country.. Billionaires totalled 120 in the Forbes ranking. Other places with billionaires in the double digits were Ger. Many 42 Japan 36 Mexico 24 Hong Kong and Macao 13 and France 11, a from the countries of the developing world s wealthiest Forbes 10 richest families and individuals listed by name not Worth source of wealth a Dill Gates. And Home country. Yoshiaki Tsutsumi Walton family $23.6 billion Wal Mart stores . Mara family $6.6 billion Candy . Dupont family $9 billion Dupont . Hans and Gad pausing $9 billion packaging Sweden. Yoshiaki Tsutsumi $8,6 billion land railroads resorts Japan h Bill Gates $8.2 billion Microsoft u a Warren Buffett $7.9 billion Stock Market . L Paul Sacher and Hoffmann family $7.6 billion Hoffman Laroche Switzerland tart family $7.5 billion insurance construction Taiwan thao mid Karl Albrecht $7.3 billion supermarkets Germany j sources Forbes Maga me a. World a the emerging markets As they re now called a Are springing individual fortunes in truly amazing numbers a Forbes said in its july 18 Issue. The Region with the fastest growing billionaire population is latin America which boasted 42 in this years Survey. When the Magazine compiled its original billionaires list in 1987, latin american listed just six. A a a a a. S&5 Asia is another Fertile Region. This year excluding Japan 46 asian billionaires were counted. In 1987, that number was 14,. Forbes said it excludes from its list Royal families and Heads of state because their fortunes come More from political heritage than efforts in the realm of economics. The Magazine said it also excludes dogs recalled by Oklahoma firm Washington apr an Oklahoma company is. Recalling 114 tons of hot dogs nationwide because some May have been undercooked. The agriculture department said wednesday that the Wilson and Corn King jumbo Franks were distributed throughout the United states in one and three Pound packages. Labels on the packages read Quot Wilson a jumbo Franks or a scorn Kings jumbo the wieners made with Chicken and pork have the following code on the Edge of the Label a West. P-13529 sell by aug. 21.�?� shoppers should return the packages to the stores where they were purchased. Safety of Many baby strollers doubted by the Washington Post while baby strollers have generally been made safer in recent years Consumers Union found in recent tests that Many still have unsafe features. Only three of the 16 strollers tested received the Independent testing organizations highest rating for safety. They Are combis Sawy sex 243, april a a Cit mini and spectrum a 446 pm. The results were published in the july Issue of consumer reports. Some strollers still contain Small objects that can Block tiny Windpipe have inadequate brakes or safety belts or Lack latches that could prevent accidental collapse the report says. Some strollers tip backward with Little pressure. The article quotes statistics from the consumer product safety commission showing that every year about 14,000 children in strollers Are Hurt badly enough to require emergency room treatment. The children usually fall out and suffer the injuries. In the past decade 11 infants have died when they slipped through the openings in their strollers and asphyxiated. Some manufacturers such As Graco whose Brougham Lxi-7520 was judged Best Overall have come up with ways to close the openings but others have not. There Are no . Government safety standards specifically for infant transportation. Instead general rules for products such As those barring Small Inha Lable parts apply. Consumer reports says most manufacturers adhere to voluntary safety standards sponsored by the juvenile products manufacturers association those standards surpass or complement Federal rules. A in addition to safety the strollers were judged on the basis of convenience durability and ease of cleaning. After Graco in the category of convertible vehicles that allow an infant to lie Down and later can be adjusted for a child to sit up come two models made by the italian company Peg Perego pl-50 Domani and olympic shopper
