European Stars and Stripes (Newspaper) - August 21, 1994, Darmstadt, Hesse                                Page 12 the stars and Stripe Money matters 1 sunday August 21,1994 Dollar watch shown below Are the highest Dollar Exchange rates for the week of aug. 15-19 compared with Dollar rates for the same period one year and five years ago. German Mark one Dollar would buy you 1 68 194 1.52 1,68 i 1994 Jmaj j9j9j a military Exchange rate British Pound one Pound would Cost you 1.59 1.56 1.58 994 1993 l 1989 l belgian franc one Dollar would buy you 41.03 32.62 36.70. 1994 i 1993 1989 i dutch Guilder one Dollar would buy you a a a a a a a 4 an a a a a a a 2.21, a. A a 1.71 1 88 a 1994 l a Jujj 1989 i French franc one Dollar would buy you 6.62 5.33 605 i 1994 l 1993 Jujj greek drachma one Dollar would buy you 235.10 232.85 i. 168.25 j994j j99j 1989 l italian lira one Dollar would buy you 1,591 1,626 i i 1408 j994j j993j 1989 j Spanish peseta one Dollar would buy you 130.18 142.25 122 45 1994 i 1993 i 1989 turkish lira one Dollar would buy you 31,250 1994 11,685 1993 i 2,201 1989stock investors fret Over increase in interest rates by Patricia Lamiell the associated press new York a a Stock investors gave a second look to the Federal reserves latest move to increase Short term interest rates and they did no to like what they saw. R the Stock and Bond markets Rose sharply tuesday after the fed boosted rates for the fifth time this year and by a surprisingly hefty 0.5 percent. At first the Market was glad to see the fed aggressively fighting inflation and traders believed the tightening was of sufficient magnitude to preclude any More increases at least before year end. By wednesday morning the Dew was off the Rose. Some analysts began fretting that the fed was placing an even heavier drag on an Economy that was already beginning to slow Down. A some investors Are having second thoughts about How Strong the Economy is Likely to be after these rates increase a said Oppenheimer amp co. Strategist Michael  Dow Jones Industrial average Rose 24 Points tuesday but then gave Back More than half the gain by weeks end. The Dow closed fridays session at 3755.11, Down 0.32 for the Day and 13.60 for the week. The fed raised its target for the Federal funds rate which Banks charge each other for overnight Loans to 4.75 percent from i new York Exchange new York apr of the 10 most Active trading Friday. Name a a. Chess its. A a Amdahl a v. Ivan up a Echo Bay a. Excl Ltd Royal Oak g plan Rosc a a circa Perm  Reyhn done sales closing Price and net change american Stock Exchange issues Volute a 2,859,400 .750,500 l 676,200 631,300 376,900 264.500 237.800 222.800 204,000 197.500 Las chg. 1044 1v4 7v4 44 2044 Iyo 1144 a 1 i 1/16 41/16 1/16 7 4i 1244 1v4. 244 i 4vi Dow Jones new York apr now Jones closing Range Quot of averages Friday. A. 30 industrials 20 transport 15 utilities 65 stocks High 3785.22 1596.69 188 44 1309,86 Low 3727.59 1576.22 .185.93 1291.27 close change 3755.11 �?0.32 1582.20 -11.50 187.78 a 1.12 1299.74 -2.07 american Exchange new York a sales 4 . Price and net change of the 15 most Active new York Stock Exchange issues trading Friday. A Nima a a a a a a. A a a a volume list chg telex ads. 4,979,100 654i 4i. Ism Quot 4,301,600 68vi 1v4 Geneles. 3,336,200 4714 a 20centjnds 3,258,300 1244 -344 a Gen motors 3,131,700 49v4 44 a Glaxo add 2,915,600 20 44 for motor s 2,766,100 29y i/4 a a. Merck a. A a a. 2,681,600 34 1/4 coca cola2,641,000 4644 44 Pepsico 2,598,000 3314 yet Walmart. 2,573,300 24v4 v4 Chrysler a 2,453,300 4714 unch Jaiden incl 2,385,400 34h v4 Mcdonalds s 2,379,400 2644 unch Rwjr Nab 2,256.700 6 v4 i/4 4.25 percent. It hiked its discount rate which it charges member Banks to 4 percent from 3.5 percent. Since feb. 4, the Central Bank has raised the fed funds rate by 1.75 percentage Points and the discount rate by 1 percentage Point. Banks have responded by raising their prime rate a Benchmark rate used to set a variety of business and consumer Loans by 1.5 percentage Points since March 23. The a amps not dogging it a passer by looks on As hot dog Vendor Mohammed Elsayed lies on the Corner of sixth Avenue and 50th Street in new York on thursday Elsayed was in the third Day of his hunger strike to protest recent enforcement of a City Law that allows officials to limit locations where vendors can operate. Elsayed was taken to a Hospital by medical personnel later in the Day. Japan reportedly lifts . Apple ban Man Jim Thomas. A the next step now is they be put out their regulations on How we re supposed to do All this. This gives us the go ahead to Start the procedures to Export this year s crop to Japan a Thomas said. Japan a ban on american apples has been the focus of a Long standing Trade dispute. . Growers say it has Cost them at least $150 million in business Over the past five years. Yakima Wash. A the japanese government is lifting its 23-year ban on . Apple imports Clearing the Way for Washington apples to be sent to Japan by december a Washington Apple commission spokesman said. Japan a ministry of agriculture forestry and fisheries made the announcement Friday after determining the apples were Safe and cleared All necessary health inspections commission spokes prime now stands at 7.75 percent the highest in three years. / Friday the nose composite Index Rose 0.32 to 255.81, and was up 1.04 for the week. The Nash a Index Rose 0.26 to 742.43, up 10.82 for the week. The american Stock exchanges Market value Index Rose 1.90 to 445.45, up 1.75 for the week the Standard amp poor a 500 Index Rose 0.51 to 463.68, up 1.74 for the week. The Wilshire associates equity Index which is the Market value of nose american and Nash a issues ended the week at $4.59 trillion up $24.56 billion from the previous week. Firm bows to suit Over cellulite Cream Santa Rosa Calif. A a Deputy District attorney who questioned the truth of Chanel  and for a cellulite Cream took on the big cosmetics maker and won. Chanel agreed to pay Napa and Sonoma counties $95,000 to Settle a false advertising suit charging that company a claim to have a scientifically proven cellulite reduction formula was untrue. The civil suit began a year ago when Sonoma county Deputy District actor a Ney Julie Freis was thumbing through a women a Magazine while waiting for a haircut. She found an advertisement for Chanel a contour Mincer Complex which costs $47.50 an ounce. The and claimed that in Laboratory testing �?o64 percent of the users tested showed a dramatic reduction in the look of dimpling and lumpiness a in the fatty deposits that collect on hips and thighs. Freis discovered the testing methods were not approved by state and Federal Laws. In fact she discovered that Only .14 women had been tested in that study and that in another study of a larger group Only 23 percent noticed any improvement. Chanel denied using misleading advertisements. Its attorney John Van de Kamp of los Angeles said the company settled Only to avoid a costly court trial. The company will change its advertising Only slightly Chanel senior vice president Jack Mausner said. A we never purported or claimed to be Able to eliminate cellulite. This is a minor product used to smooth and soften the contours of the body.�?�. Napa county assistant District attorney Daryl Roberts said the Cream is not what it was advertised to be. A your experts feeling is that its basically a Good Moisturizer a he said. The settlement is the second for Sonoma county. In 1992, it took on the maker of lancome cosmetics for similar claims winning a $135,000 settlement