European Stars and Stripes (Newspaper) - July 31, 1994, Darmstadt, Hesse                                Page 18 the stars and stripes Money matters sunday july 31, 1994 Dollar watch shown below Are the highest Dollar Exchange rates for the week of july 25 29 compared with Dollar rates for the same period one year and five years ago. Grinan Mark one Dollar would buy you 1.88 a 1.55 1994 1,70 1993 1989 a military Exchange rata. British pot ind one Pound would Cost you 1.58 1.54 1 66 1994 1993 1989 belgian franc one Dollar would buy you a 39.96 32.89 36.50 1994 1993 1989 dutch Guilder 1.92 one Dollar would buy you 2.15 1.74 1989 1994 1993 French franc 5.45 1994 one Dollar would buy you 6.46 5.96 1993 Han lira Vav a Quot a a one Dollar would buy you .586 1,616 1,377 1994 1993 1989 one Dollar would buy you �131,22 144.20 1993 119.55 1989   if  i ii w a a 11i a one Aofia would buy you 31,200 i 994 11,516 1993 i 2,152 1989 Economy s Fine performance cheers White House investors Washington a a big buildup in business inventories contributed to healthy . Economic growth this Spring eliciting cheers from the Clinton administration and investors. The Gross Domestic product the total of All goods and services produced in the United states grew at a 3,7 percent annual rate in the second Quarter this year the  said Friday the news prompted a Strong rally on the Stock Ana Bond markets and some economists said it gives the Federal re serve Little reason to raise Short term interest rates again any time soon. A a it a just what the doctor ordered a said Allen Sinai of Lehman Brothers inc. The underlying trend is for an Economy growing at a rate of about 2.5 percent he said and if that holds a this expansion will go on and on and  but some analysts cautioned that be-5 cause inventory accumulation is outstripping consumer demand that could mean moderate Gap Rise helps boost stocks by the associated press the Dow Jones Industrial average dosed fridays session at 3764.50, up 33.67 for the Day and 29.46 for the week. On Friday the government said the nations Gross Domestic product Rose a modest 3.7 percent which was in line with analysts expectations and gave investors Hope that the Federal Reserve would hold off tightening interest rates for the fifth time this year. The Nyser a composite Index Rose 2,02 to 252.62, up 2,38 for the week. The Nash a Index Rose 9.73 to 722.16, up 5.48 for the week. At the american Stock Exchange the Market value Index Rose 3.81 to 437.69, greek drachma one Dollar would buy you j 241,80 230.65 164.45 j i 1989 new Yolk a the following quota hons tron the National association of securities Scalere inc. Are the prices at which these securities could have been sold net asset value or bought value plus sales charge Friday. A sell buy chg. Esgro 18.26 18 eel no a 18.22 18 income 15.54 15 accessory fund Aal Mutual Bond p car p Murd p a or Cost Philp Aaflie Mnist a ,583 car. G  g film h he  ast funds Fnu 1 p a f his i. To Quot go Hano Uii in p at Lyca. 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Economy continues to turn in a Fine performance. So far everything we be seen in 1994 confirms our forecast of a sustainable investment led expansion with Low inflation a said Laura Tyson who Heads president Clinton a Council of economic advisers. Commerce Secretary  Brown joining her at a White House news conference conceded that the Public May not be getting the message a a. Judging by recent polls he said a there certainly is a perception problem i done to think that this administration has gotten the credit that it should be  _. An Index of inflation tied to the Gap Rose a moderate 2.9 percent in the second Quarter Matching the first three months of the year. Federal Reserve chairman Alan Greenspan warned Congress last week that interest rates May have to Rise to ensure inflation remains in Check. Restraining inflation once it is under Way is a tougher task that could have damaging consequences he stressed in four moves since february the fed has pushed rates from 3 percent to 4.25 percent for overnight Loans Between Banks. It also has boosted its discount rate charged to member Banks from 3 percent to 3,5 percent. That has translated into higher borrowing costs  and businesses As Banks lifted the prime rate a Benchmark for Many types of Loans from 6 percent to 7,25 percent. Federal Reserve policy makers next meet aug. 16. By then the government will have announced employment figures for july which Likely will play a big part in determining whether interest rates arc raised again. New York Exchange the 15 most Active new York Stock Exchange issues trading nationally Friday. Nimi. A volume lilt chg. Tel Max ads 3,904,400 609i 1 Ford motor s 1 3,048,Odd 31v. V. Gnu pay s 3,018 1 do 31v. To Gen motors a 2,826,800.  5111 111 pepsico.2.577.200 30w a v. Motorola s a a 2,347.800 53 .1 la Geniec s a a 2,317,400 sow 1  2 235,200. 3? 7k -2h. Mcdonalds 1 2,062,900 2711 91 Bombay s a 1.988,700 a 10>1 11 in game. 1.974.600 f9w t 11 Phil Lumorris a a. 1.860.700 55 % Etc up s 1,861,400 15 i  a 1,303,300 15m 1 v. K Mart 1,792,500 16vs it up 4.24 for the week. The Standard amp poor a 500 list Rose 4.03 to 458.26, up 5.15 for the week. Americast Exchange new Yolk apr sales closing Price and no change of the 10 most Active american Stock Exchange issues Trad ing nationally Friday. Name volume Tail a cog. Lacomb. 1,299,200 34 m. M excl us a 955,100 1 3/16 unch Ivan up. £90,800 1611 41 Viacom n. A a 670,900 4w w Viacom Etc a 473,500 2 1/16 3/16 Spur 459,100 45 2 9/32 297g4 ghz darts g 402,000 4�?Ta it Amdahl. 397,000 go i Catbird 357,100 12y1 a Echo Ray 296,200 11a a c Dow Jones d new York a0 Ages on Friday 30 industrials 20 transport 15 utilities 65 stocks Dow Jones closing Range of aver a Loti 3782.63 1600.37 187.91 1309.86 Low 3726,30 1574.61 184.16 1288.96 Clow change 3764.50 up 33.67 1587.25 up 2.64 186.40 up 2.51 1301.57 up 9.35 Mutual 26 .16 22 .16 54 .15 no .06 no .06 no .01 .98 .10 ,10 .14 .56 .16 no.11 no .14 07 .07 35 19 75 03 35 .08 38 .07 151 15 .08 .03 .09 of .03 07 10 no 02 i t 05 .10 03 03 .04 mtg tap mtg top it Etc p my tent. 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