European Stars and Stripes (Newspaper) - July 14, 1994, Darmstadt, Hesse                                Page 14 the stars and stripes Money matters thursday july 14,1994 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 .1.61 dutch Guilder. 1.67 German Mark .1.49 note the rates above apply within the Host country. Figures Are expressed in dollars to the British Pound other currencies to the Dollar following arc Interbank rates that fluctuate and should be regarded As the approximate value of the . Dollar to foreign currencies. Austrian Schilling. 10.794 Bahrain Dinar. 0.377 belgian franc British Pound 1.566 Canadian Dollar 1.3829 danish Krone. 6.026 dutch Guilder 4lt4t444 1.7187 French franc fit a a it a a a a ill la 5.2605 German Mark. 1.535 greek drachma 23150 italian lira �?��?���>��?����?��>�4111441 1,519.75 Kuwait Dinar a 414 44 444> 4 a a 0.2949 norwegian Krone �>>#���>1 6.726 portuguese escudo .157.60 saudi rial 4f411i414 it4�?���?��?� 3.7502 Spanish peseta �?��iii4411�?��i 126.15 Swiss franc �i�ft44�?��44444444�?�� 1.2935 turkish lira. 30,600.00note figures Are expressed in dollars to the British Pound other currencies to tha Dollar Gold quote $364,85 an ounce. A Silver quote $5.25 an ounce. Sources merchants National Bank s Trust co and the associated press c new York Exchange 1 new York a sales the is most Ohve new York. Nationally tuesday. A a i . Price arts incl change of Stock Exchange issues tracing name. Volum last chg. Motorola s. A a b.902,100 50/i 5m a swat airlines 3.223,100 2b?i i of motors. 3.100.700 31 via Lilly i 3,021,000 43 w -1m Abbot tabs a a a 3,002,700 26 m -2 ism. A 2.943,000 55m Vina Erml. A 2,609,100 a m Geh motors a a 2,414.500 Sim m Jii Liponis. 2.3t3.3qq 53va m Walmart 2,243,300 24w Ai Goodyear 2,074.700 35vi -1ai Compaq s. 1.9b7.700 35 v 1v4 Micro tech s. 1.b61.600 3bvs 1v5 Merck. 1.831,200 -29 a i Wax tech. 1.606,000 27 i m c american Exchange. New York apr a sales closing Price and net change of the-10 most Active american Slock. Exchange issues trading nationally tuesday. Nam volum Lut chs Echo Bay. 643.600 11 i  a 630,900 4 7/16-1/16 Chrystl s -621,000 85i unch excl Ltd a ,. 447,100 y i 1/16 circa him 404,600 10v4 a Hasbro 399,200 29m i Viacom 381,900 31m i Nabor Slid 362,800 �7 i atari. A 347,000 4 3/16 11/16 amex Lor 346,400 1 5/16 unch Dow Jones new York apr Dow Jones closing Range of averages on tuesday a. A a High Low close change 30 industrials 3725.32 3660.90 3702.66 off 0.33 20 transport 1593.40 f565.67. 15b2.b8 unch 15 utilities 181.53 178 32 179.87 ctr 0.99 65 stocks 1291.40 1269.34 1282.74 off 0.97 moderate june Price Rise reflects healthy Economy Washington a consumer prices Rose 0.3 percent in june As gasoline. Prices led an increase in Energy costs the government said wednesday. The moderate Advance in the labor departments consumer Price Index Wai on the heels of a 0.2 percent increase in May and came just one Day after the department reported no change in wholesale prices in june. So far this year prices at the consumer level arc rising at an annual rate of just 2.5 percent even better than the modest 2,7 percent Price gain posted for All of 1993. Inflation has remained surprisingly subdued this year even though the Economy continues to expand at a healthy rate amid hints of future labor shortages. The consumer Price report was generally in line with the predictions of analysts. By contrast most economists were surprised by tuesdays data showing producer prices steady last month the third straight month that Index has either fallen or remained constant. They had expected a moderate Rise. The failing  Dolla and fears of higher interest rates have been troubling Wall Street and the Bond markets. But there is Little evidence of inflation which has been moderate for More to an three years. A. A. A. Before last years 2,7 percent Rise in the Cost of living inflation was up 2.9 percent in 1992 and 3.1 percent in 1991. A financial Market participants keep looking for inflation behind every tree a economist Bruce Steinberg of Merrill Lynch amp co. Said in Advance of wednesdays report a but the consistent theme of 1994 has been lower than expected  new in Chicago a United airlines employees had a lot of names for Stephen Wolf a father figure Wasny tone of them. But the workers have a warmer attitude toward their new Boss Gerald Greenwald who took Over the chairmanship of United a Parent company Ual corp., on tuesday after shareholders approved a $4.9 billion employee buyout of the company a a he la be a father figure to us a said Beth Silva a United customer service employee for 17 years. F Wolf had a prickly relationship with United a labor unions because of. His hard line Cost cutting policies. The unions chose Greenwald a former Chrys Ler corp. Vice chairman to succeed Wolf if their buyout attempt succeeded. Approval of the employee buyout by about 70 percent of Ual shareholders ended a seven year struggle for employee control of the Chicago based Carrier and made Ual one of the worlds biggest worker owned companies. About 54,000 . Employees will have a stake in the company. On tuesday Greenwald promised to put employees first. A your Mission begins with making the new United something the employees can count on just As the company counts on them a he said at the shareholders meeting. Greenwald sporting a a proud owners Button also promised better service lower fares on Short routes and a new slogan a Fly our Friendly skies a a change from a Fly the Friendly skies of  travellers will see the most significant result of the ownership change when United shuttle a Low Cost Short haul Carrier ism Gerald Greenwald chairman of Ual corp., Speaks with reporters tuesday in Chicago launched on the West coast in october. But United passengers May soon see pilots ground Crews and ticket agents wearing big smiles and a proud owners buttons. A a we re hoping this will turn seven years of apathy and gloom around a said Guy Settineri a United communications and computer specialist for 18 years. A before we were always waiting for the next roller coaster being led by the nose. A now we have input. We can work toward the same goal a a productive  labor Secretary Robert Reich hailed the buyout As a a major Milestone in the history of american  a if this Experiment pays off in the Way Ual shareholders anticipate it will then we May see Many More Large companies owned and run by their employees a Reich said in a Telephone interview. Wolf turned the chairman a Post Over to Greenwald after reporting to shareholders on unit cd a growth during his nearly seven years in the Job. Under Wolf United grew from a Midwest airline with the oldest planes in the Industry into a global Carrier with the most transpacific routes. Mattel wins scramble for control of scrabble fax Segundo Calif. A Mattel to Hasbro to us of a. Mattel inc., Best known for Barbie dolls outbid rival Hasbro inc. In a Deal bringing the rights to sell the Board game scrabble outside North America. Mattel announced late monday that it acquired a controlling interest in the British  game producer Jav. Spear amp a sons. Spear directors endorsed Mattel a offer Worth $18.05 per share at monday s Pound to Dollar Exchange rate. Hasbro had bid $17,27 per share. Co cast challenges lbs in bid for ivc Philadelphia apr Cable giant co cast corp. Has decided to play spoiler in the planned merger of lbs and Home shopping network ivc. Cd cast one of the nations largest Cable service providers announced a $2.2 billion Lith hour bid for ivc inc. Late tuesday. That rivals the lbs inc. Offer a Complex Deal involving Cash and Stock Worth More than $2 billion. The boards of lbs and ivc were to meet separately wednesday to consider the merger proposal which included installing ivc head Barry Diller at the top of lbs lbs chairman Laurence Tisch was quoted in the new York times on wednesday As saying the co cast offer had scuttled the merger. A i think the merger discussion is at an end a Tisch said. A simple As  Diller said ivc would consider the co cast bid at its Board meeting. Co cast which owns 16 percent of ivc has Long been closely Allied with Diller. Co cast chairman Ralph Roberts and his son Brian Roberts com cast a president told Diller in a letter that the lbs proposal to buy ivc a represents a fundamental departure a from our strategic View of Fth company a  Brian Roberts said the lbs merger would leave Philadelphia based co cast As a minority stockholder with no management role. Acquiring ivc on the other hand would get co cast into programming a and the Robertss said they would be f pleased to make Diller their chief executive ,. A your Hope is that this wont be a big Long fight and Well win a Brian Roberts said com cast a bid for ivc is a Cash and Stock combination Worth $44 a share. The lbs ivc proposal would pay ivc about $38 a share and lbs shareholders would get nearly 54 percent of the new company a Stock. Under the lbs proposal Tisch 71, whose family controls 20 percent of lbs would stay on As chairman Diller 52, would replace him As chief executive and president and would essentially run lbs a $3.5 billion concern that owns one of the four major broadcast television networks along with to and radio stations