European Stars and Stripes (Newspaper) - August 14, 1994, Darmstadt, Hesse                                R Page 12 the stars and stripes Money matters sunday August 14,1994 shown below Are t in highest Dollar Exchange rates for the week of aug 8-12 compared with Dollar rates for the same period one year and five years ago German Mark 1.70 one Dollar would buy you 1.91 1.55 1989 1994 1993 Quot military Exchange rate British Pound one Pound would Cost you 1.58 �163 1994 a 1 a i a 1993 1989 belgian franc one Dollar would buy you 40.22 32.69 37.45 1994 i in Hub. 1993 1989 dutch Guilder one Dollar would buy you 1.74 1.90 2.17 1989 French franc one Dollar would buy you 6.50 5.44 6,11 i 1994 1993 Imp greek drachma one Dollar would buy you 240.20 232.58 i 165.30 -1994 1993 i 1989 l italian lira one Dollar would buy you 1,592 1,624 a 1,388 Jujj Msj 1989 l Spanish peseta one Dollar would buy you 130.71 146.70 i a 120.30 1994 i 1993 i 1989 i turkish lira one Dollar would buy you 31,350 1994 11,547 i 2,179 1993 1989 i Market feeds on rumours of food Industry buyouts by Patricia Lamiell the associated press new York a takeover rumours have brewed in the food Industry for some time but Stock pickers turned up the heat last week with speculation that pc International inc. And he. Heinz co were Likely acquisition targets of european food companies. The talk sent food stocks higher Friday and underscored the Contention of Many analysts that the food sector is Laden with potential takeover plays. Last May Phillip m. Seligman at value line investment Survey wrote a to help lift earnings Many companies Are expanding both stateside and overseas primarily through  the latest Batch of rumours began to surface later that month after Swiss pharmaceuticals and chemicals conglomerate Sandoz Ltd. Bid a surprising $3.7 billion in Cash for Gerber products co. Sandoz s offer worked out to $53 per share a nearly 50 percent Premium Over Gerber a Stock Price at the time of $34.62. It led some investors to conclude that the food processing group might contain some other Good buys. On Friday the volume was turned up even higher when the aug. 22 edition of business week Magazine said Unilever no was preparing a bid for Heinz and Nestle a a bid for pc. New York Exchange new York a sales 4 . Price and net change of. The 15 most Active new York Stock Exchange issues trading. Nationally Friday. Name a volume last chg. Syntax a a a 7.358.900 21 vi1 �?1 a Lii Yeii a a 3,908,800 52w unch. Telex ads 3.908,800 63v4 a Geneles 2,751,800 48 h. Exxon a a 2,522.600 60 i 2 Walmart a. 2.369,400 24 i Compaq s a a a it 2,172,500 35 unch Wes ghei 1,966,300 1174 a ism a 1,966,000 63h a it Merck 1,926,300 32v4 i Humana. 1,845.400 18vi a i Al touch n a 1,802,700 26% 1vi. Bank ref1,709,700 244 i Rhodes inc a 1,692,500 9 �?3 Virr Nab 1.652,300 6 Vivi the Story riled up the Stock Market to the Point that nested broke with  practice of not commenting on rumours and said it was not interested in pc. Heinz pc and Unilever All declined comment. Pc Rose a to 51%, while Heinz added los to 371/s. Investors bid up a Broad sampling of other food stocks including general Mills up 1 11/32 to 53 31/32 Kellogg up a to 553/s Quaker Oats up is to 74% and Ralston Purina up 23/4 to 40. On Friday the Dow Jones Industrial average Rose 17-81 to 3768.71, adding 21.69 for the week. The Nyser a composite Index Rose 1.46 to 254.77, up 2.27 for the week. The american Exchange new York a of the 10 most Active ing nationally Friday. Name a chess it s Ivan up a Amdahl a a Royal Oak. A Twa voting Echo Bay Viacom eng Ysac s. Elan add Spectra vision sales closing Price and net change american Stock Exchange issues Trad volume 1,167,000 872,500 630,200 533,300 490,400 462.400 343,100 255.600 253.400 232,000 lad Chi. 9v % 19% % a 6% unch 41/16-.1/16 i 3/16 unch ii a 36-13/64 15% i 3314 % 3vi i i Dow Jones new York apr Dow Jones closing Range of averages on Friday High Low close change 30 industrials 3792.66 3738.27 3768.71 up 17,81 20 transport 1608.88 1587.49 1600.60 up 8,51 15 utilities 190.09 1 87.32 188.97 up 1.32 65 stocks 1316.01 1297.55 1308.27 up 6.82 Nash a Index Rose 3.41 to 731.61, up 12.94 for the week. The american Stock exchanges Market value Index gained 0.45 to 443.70 on Friday adding 3.36 for the week. The Standard amp poor a 500 Index Rose 3.06 to 461.94 on Friday bringing its weekly gain to 4.85. The Wilshire associates equity Index which is the Market value of nose american and Nash a. Issues ended the week at $4.56 trillion up $44 billion from the previous week. A year ago the Index was $4.47 trillion. A amps flammable skirts recalled by . Washington apr no one has died or been burned but the government says a Quarter million Rayon skirts made in India Are highly flammable and must not be worn. / / it a a a if you have it done to Wear it a said Ann Brown chairman of the consumer product safety commission. The Agency announced Friday that it had ordered a recall and a Stop to All sales. She said tests have shown that the skirts will Burn faster than a newspaper. A cigarette or a dropped Ash can set them ablaze Brown said. The Rayon or Rayon Cotton blend skirts Are made of a top layer of very sheer Chiffon Over a layer of Gauze and have been sold in Large Well known stores As Well As boutiques. Vav. / a a a a a a a a a they Are Long lightweight and full with elastic waistbands. Many have a drawstring with Little Indian Bells at the tips. A. \ a / a the skirt is lightweight and its made for summer but it is showing up again in the fall line a Brown said. She displayed a Sample bought for $46 earlier in the week from a fashionable women a store. The skirts sell for $6 to $80, she said. A take it Back to your retailer to find out if its part of the recall a she said. Stores have agreed to make refunds without requiring receipts she said. The thinness of the material is what makes it prone to catch fire not the fact that it is Rayon Brown said. Although the skirts have been imported for two or three years there have been no deaths or injuries she said a but we do not wait for a  Martin Marietta to  $6.3 million in settlement Washington a Martin. Marietta corp. Will  $6.3 million to Settle allegations that general electric  Philadelphia area aerospace division inflated the Cost of government contract proposals officials said Friday. Martin Marietta acquired the Valley forge pa., division in 1993. Martin Marietta was not accused of wrongdoing but the payment will Clear it of liability for fraud the Justice de a match ignites a skirt made in India As shown in a video of a the . Consumer product safety commission. Apartment said. Prosecutors accused the division of inflating estimates of labor hours in proposals for government contracts. Fictitious hours were added to protect general electric from unforeseen developments such As labor shortages rate increases or production difficulties. They also created a monetary Reserve that could be Given up during negotiations the department said. Fridays settlement brings the total amount of financial penalties imposed on the division to $40 million. General electric paid the government $20 million in september 1990 to resolve similar allegations about other  payment a plus an additional $3.7 million general electric paid _ a was part of a larger agreement settling 11 fraud investigations