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Publication: European Stars and Stripes Wednesday, August 31, 1994

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   European Stars and Stripes (Newspaper) - August 31, 1994, Darmstadt, Hesse                                Page 18 the stars and stripes Money matters wednesday August 31, 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. 1.57 dutch Guilder. 1.73 German Mark. 1.54 nolo the rates above apply within  country figures Are expressed in dollars to the British Pound other currencies to the Dollar following Are Interbank. Rates that fluctuate and should be  As the approximate value of the . Dollar to foreign Curren cies. / austrian Schilling 11.137 Bahrain Dinar. 0.37675 belgian franc 32.57 British Pound 1.5337 Canadian Dollar 1.3666 danish Krone. 6.27 dutch Guilder. 1.7745 French franc 5.4135 German Mark. 1.5816 greek drachma 237.55 italian lira 1,599.00 Kuwait Dinar. 0.2981 norwegian Krone 6.9425 portuguese escudo .160.93 saudi rial. 3.75 Spanish peseta 131.35 Swiss franc. 1.3367 turkish lira. 33,000.00 note figures Are expressed a dollars to the British Pound other currencies to the Dollar Gold quote $386.15 an ounce Silver quote $5.37 an ounce sources merchants National Bank & Trust co. And the associated press new York Exchange by a sales of the 15 most Active new. Trading nationally on monday nit air touch. Mcdonalds s  corp at to corp. ". Re Nab. Glaxo add. Ism Merck a Barrick Tel Meaos Compaq s Stone cont. Genelow s Marion do closing Price and net change York Stock Exchange issues 1 Olumi 4.22.0003.406,100 3,223,500 3.129,300 3,049,100 2,669.300 2,427,800 2,314,400 2,312.400 2,215,400 2,181,800 2,166,200 2,112,800 2,011,400 1,971,600 lilt chg. 28w1 27hi i 58tt v482. --4h 55h-. H 20 vi69h i ,34 v4 21v4 h 64v41 39 i 50 /4 vi24 i american Exchange new York a sales closing Price and net change of the 10 most Active american Stock Exchange issues trading nationally  volume Lite dig. Gaylord ont 1.821,100 6tti Ivan up 1,228.100 19tt it Echo Bay 1,162.300 12v4 i cd cysts 968,900 13vi to h Viacom it 824,600 5 it Lacomb 785.000 33v h Royal Oak 647,100 4% Pegasus id. 478,700 15h h Viacom we. 406,000 3 i v16 Amdahl 350.900. 7 i Dow Jones new York a Dow Jones closing Range of aver Ages monday. 30 industrials 20 transports 15 utilities 65 stocks High " Low Clou Chan 3911.15 3831.05 3898 85 up 17.80 1631.18 161394 162682 up 12.42 18998 188.44 183.77 up 033 134338 1332.47 1339.54 up 6.95 Lockheed Martin Marietta to unite in $10 billion by Farkell Kramer the associated press new York Lockheed corp. And Martin Marietta corp plan to merge in a $10 billion Deal that will bring the makers of the stealth fighter and Titan 4 rocket under one  the Stock Swap merger reflects continuing Industry consolidation which has been driven by Sharp reductions m de sense spending. Lockheed Martin As the new company will be called will employ about 170,000 people and have about $23 billion in an Nual sales making it the nation s largest defense contractor. This merger is the next logical step in the continued growth and Prosperity of Lockheed and Martin Marietta and is consistent with our Strong histories of de livering Quality products Daniel Tellep chairman and chief executive of lock heed said in a statement the companies said the merger will allow them to Cut costs while providing their defense space and other High tech products to government and civilian customers. -.   following the merger Tellep will hold the same titles in the new company. Mar tin Marietta s chairman and chief exec. Ago with the two boards meeting during the Pas few Days a source said. A in april  lost a bid to merge with Grumman corp when North Rop corp. Offered $2.11 billion and topped Martin Marietta s $1.93 billion Augustine Tellep utile Norman Augustine will be Siresi Dent becoming chairman and chief executive when Tellep retires. V the Deal has been approved by the companies boards. The merger is subject to regulatory approval As Well As acceptance by shareholders. The companies said the Deal is expected to close in early1995. ,.- ". Under the agreement Lockheed shareholders will receive 1.63 shares of Stock in the new company for each share they now hold. Martin Marietta share holders will get one new share for each one they own discussions Between Lockheed and Martin Marietta began about five months Martin Marietta based in Bethesda md., has already completed much of its r consolidation in the rocket business by purchasing general electric co s Aero spacebusiness and general dynamics corp s space systems division. Lockheed has also participated in the consolidation trend with the Purchase of general dynamics 16 business in 1993. " Fthe new company will be based in be Thesda and be organized around four major business sectors space and mis Siles aeronautics electronics and information and technology services. Lockheed based in Calabasas Calif., had 1993 sales of $13.2 billion and Eiri ploys 77,500. Lockheed s products in clude the 130 Hercules military cargo plane and the Al 17 stealth fighter. Martin Marietta had sales last year of $9.4 billion and has about 93,000 employees. Martin Marietta makes the $1 billion Mars observer spacecraft and the Titan 4 rocket. Taking the top off Rolls Royce has Given its Bentley concept car a new sort of top the 44th annual Pebble Beach contours d elegance in Monterey Ping a Hardtop that becomes a convertible with a Little heavy Calif. You should t get your Hopes up however if you take a Lik lifting. The car called the concept Java was shown off sunday at ing to this topless Model the Java in t in production. Employers can insure workers against crime by Dave Ivey the associated press Philadelphia cuing America s rising Tulc of solent crime Cigna corp. Now oilers businesses an insurance rider that pit 1 Empi Ovee attacked outside the Chsce or alter Soik up to Suk shh. I he company , Conn sub Skhary cd fut Kei Mir use s Ottenn a violent  a Der ,111 Extension of Empio ser pro  d a i Ciai death Tirui div it ciders employees kidnapped of robbed be Eton the workplace. Most businesses accidental death an dismemberment policies include a Feloni Ous assault rider that covers violence at work said William Nett Cigna reinsurance director of underwriting. " or an additional Small Cost employ ers not  May help employees recover Tom a iolent  Oul Tuie work but provide the  coverage and peace of ii Tut nil Sec  value not a she Empi Ovee Dies is the Teu lot a viol Rel come then if ,  jju1 up if she Mem or j percent of the amount of the accidental death and dismemberment policy. If the attack results in a Hospital stay the rider would pay too a Day for up to it Days acts of violence by coworkers and family Mem Bers Are excluded ois iia spokesman Rick Goulart noted that the financial Cost of a violent act can be astronomical Guni hut wound alone com the nation More than billion Aveai  4 to a l 1 study m the i us Ith aftan i Urual he i of i t the o death Ai s,.si r s Otic a Viliy per it me macs me it cd verage a sum that Goulart said is not expected to be highly profitable for  the plan is available to offices stores and factories from insurance companies backed by Cigna reinsurance which pro Vides insurance for other insurers about do in insurers have expressed interest in the co via see but Cigna is Uil wailing Tor it tint customer iou Lail Sau. " i his la Tam Viuque fight now he Votkl of inc voc pc  As week. But depending t n Market re we a pics i in Chi will Potlow our  
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