European Stars and Stripes (Newspaper) - August 27, 1994, Darmstadt, Hesse Page 18 the stars and stripes Money matters saturday August 27,1994 today s rates following Are fixed rates a which Community banking and credit Union facilities will sell for eign currencies to . Personnel for personal use British Pound 1.59 dutch Guilder 1.69 German Mark 1.51 note the rates above apply within the Host country. Figures Are expressed in dollars to the British Pound other currencies to the Dollar following Are Interbank rate that fluctuate and should be regarded As the approximate value of the . Dollar to foreign Curren cies austrian Schilling 10.8505 Bahrain Dinar 0.377 belgian franc 31.81 British Pound 1.5545 Canadian Dollar 1.371 danish Krone 6.1175 dutch Guilder 1.7321 French franc 5.291 German Mark 1.543 greek drachma. 234.30 Kalian lira. 1,571.40 Kuwait Dinar 0.29745 norwegian Krone 6.778 portuguese escudo 157jo saudi rial 3.7501 Spanish peseta. 128.66 Swiss franc 1.3023 turkish lira 32,700.00 note figures Are expressed in dollars to the British Pound other currencies to the Dollar Gold quote $383.30 an ounce Silver quote $5.24 an ounce sources merchants National Bank & Trust co. And the associated press new York Exchange new York sales Tho 15 most Active new York nationally thursday. Nimi ism Etc up s telex ads Compaq s dog Hale Micron tech s Geneles Rwjr Nab Gen motors blockbuster a Mitoch am Barrack a tech Jonns nuns at to corp 4 . Price and net change it Stock Exchange issues trading volume 5,090,200 .4,555,300 4,336,000 4,001,100 2,987,8002.969,000 2,935,400 2,878,400 2,806,000 2,653,900 2.623,200 2,494,100 2,435,500 2,413,200 2,396,300 lilt chg. 69h 2 17h 1v465m y4 38h 24 /4 43 4-2v4 49h t % 6w unch 50% h 26 29h a it 21h vi31h of w 48tt h 54v4 it i american Exchange new York a sales closing Price and net change of the 10 most Active american Stock Exchange issues trading nationally thursday. Name volume list Lacomb 1,203,900 33h cd cysts 806,200 12v4 Reyhn done 664,800 4v4 Viacom it 583,000 4 to Echo Bay 550.300 j1h Ivan up 547.400 20h unch Polar Send 474,000 32 5v Triton up 424,500 21/16 1/16 by times 415,000 24 /4 a Incys Ephrun 364,700 8h to chg. H a h it Dow Jones new York a Ages on thursday 30 industrials 20 transport 15. Utilities 65 stocks Dow Jones closing Range of aver High 3872.63 1615.32 189.03 1331, 80 Low 3810.47 1589.79 186.20 1310.71 a Toni Chang 3829.89 of 16.84 1598.99 off 2.53 186.99 off 1.25 1317.54 off 4.99 2nd probe launched into Denver Airport Denver a the troubled $3.7 billion Denver International Airport Isth focus of a Federal criminal investigation in addition to a state grand jury probe a Federal prosecutor revealed thursday. . Attorney Henry Solano said a fed eral grand jury is investigating allegations of wrongdoing at the Airport but he declined to elaborate. Last week the Denver District attorney s office revealed its investigation into allegations of falsified test data an shoddy workmanship. Proposals conflict on size of Federal workers raise by the Washington Post. Washington the office of management and budget has sent presi Dent Clinton a proposal that would give Federal workers next year a 2 percent raise but defers a decision on locality pay White House officials said thurs Day. An official said Clinton is inclined to accept the bomb proposal and would announce it next week. House and Senate negotiators however Are leaning toward a pay package that would give the average Federal worker a 2.6 percent pay increase next year a 2 percent nationwide raise and half of their scheduled locality pay locality pay is intended to help close the salary Gap Between Federal workers and private sector employees in areas where no Federal wages outstrip govern ment pay for similar jobs. For washing ton Baltimore area employees,1 the con Gressional package would boost pay by 3,3 percent according to unofficial Esti mates., for the nation s 2.1 million executive Branch employees the muddled pay out look could Well mean they will lose ground to inflation which has risen 2.8 percent for the 12 months ending Jan uary. Congress is moving to give military personnel a 2 6 percent raise a percentage Point More than Clinton proposed. The proposed raise comes at a time when de sense department officials Are debating How much to set aside for major weapons systems in future years. The Federal pay Issue landed at the White House this week because of a delay caused by the crime Bill debate. When the debate engulfed the House it forced a postponement of House Senate Bulck group Assembly line workers leave a pm Plant in Laming mich., on thursday. Pm production faces lag despite end of Plant strike Anderson ind. A it willbe Days before general motors corp. Resumes Normal operations despite the end of a three Day parts Plant strike that forced 13 other plants to close. United Auto workers Union Mem Bers returned to work in Anderson on thursday night after approving a new contract 778-34. The strike had Cre ated parts shortages for pm s Assem Bly plants idling 43,000 workers. Clearly we re not out of the Woods said pm spokesman John Shea. It won t be until late tonight until we Start producing parts again. And if additional facilities Are run Ning when they re out they the strike by 3,500 workers began at the Inland Fisher guide Plant tuesday halting production of bump ers exterior lights and Light control parts. The Plant supplies parts to most of pm s North american car and truck Assembly plants which total More than two dozen. Law officials said the main Rea sons for the strike were Transfer of work to outside contractors and health and safety issues. According to a letter released by the Union pm agreed to maintain the Anderson Plant s product line and make 19 additions to it through 1997.this is work they had no intention of doing Here had it not been for the strike said Ron Gettelfinger director of the Law s regional 3 and chief negotiator. We were after the jobs and that what we got. Negotiations on the fiscal 1995 appropriations Bill that contains the pay raise pro vision. The Law governing Federal pay requires that a plan for a nationwide increase be filed with Congress by aug. 31. With the House s recess until after the sept. 5 labor Day Holiday the administration was forced to grapple with the pay Issue now. The Law sets a second deadline of nov. 30 to spell out the amount of local to pay which is determined by a formula i based on labor department Job surveys. The salary increases would show up in employee paychecks in january. White House officials indicated they would decide on the locality pay rate later but before the november deadline. The House and Senate negotiators How Ever could set the locality pay rate when they vote on their Compromise appropriations Bill. Delta bans smoking on All flights Over Atlantic new York a Delta air line Sis Banning smoking on All flights across the Atlantic the most dramatic step yet in the airline Industry s Gamble to attract More passengers by keeping the smokers out. Delta also said it was prohibiting smok ing on flights within Europe and betwee new York s John f. Kennedy Airport and Mexico. Flights where Delta Sells seats on the carriers Aren t affected. American and United this week also announced additions to their no smoking International schedules. A Bill to prohibit smoking on All flights to and from the United states is making its Way through the House. Airlines say they have responded to customer demand by slowly adding smoke free flights in the past year. But to placate smokers the airlines typically allow them to Light up on at least on flight on each route. Delta s move on thursday goes fur ther. By Banning smoking on All 250 of its trans Atlantic flights Delta executives Hope to attract More nonsmokers who want to be sure that no matter which Delta flight they choose there won t be any cigarette smoke in the air. We Are always looking for that on differentiating Factor said Judy Jordan a Delta marketing executive. United airlines spokesman Joe hop Kins said passengers have cheered flight attendant announcements about no smoking rules on United flights. Delta s passenger Survey showed the airline risked losing 7 percent of its Pas sengers on the route by Banning smoking Jordan said. The same Survey showed that passengers who would be attracted to the smoke free routes would More than outnumber those who might aban Don the airline she said. The math did t work out the Safeway on Delta s trans Pacific routes. For now Delta will continue to allow smok ing on those flights. Jordan said the Avail ability of nonsmoking flights across the Pacific also made the switch less attractive. It plans to decide whether to ban smoking on those flights by year s end Jordan said
