European Stars and Stripes (Newspaper) - September 02, 1994, Darmstadt, Hesse                                Page 18 the stars and stripes Money matters Friday september 2.199d today s rates following Are fixed rates at which Community banking an credit Union facilities will sell for eign currencies to . Personnel for personal use British Pound 1.58 dutch Guilder. 1.73 German Mark. 1.54 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  austrian Schilling 11.1165 Bahrain Dinar. J0.377 belgian franc .32.55 British Pound. 1.5365 Canadian Dollar. 1.367 danish Krone. 6.231 dutch Guilder. 1.7747 French franc. 5.4115 German Mark. 1.5814 greek drachma. 237.85 italian lira. 1,585.00 Kuwait Dinar. 0.2982 norwegian Krone. 6.9237 portuguese escudo. 160.89 saudi rial. 3.7502 Spanish peseta. 131.07 Swiss franc. 1.3298 turkish lira. 34,425.00 note figures Are expressed in dollars to the British Pound other currencies to the Dollar Gold quote $386.00 an ounce Silver quote $5.40 an ounce sources merchants National Bank & Trust co. And the associated press american Exchange new Vork a sales closing Price and net  the 10 most Active american Stock Exchange issues trading nationally wednesday. Nam ii volume list  -.-1.528,400 9 /4 1. Triton up. 1.072,800 2vt i Echo Bay -1.052,400 12w v4 chess its 915,100 12v h Viacom it 723,800 5v4  671,800 4 5/16 unch Ivan up645.300 19tt w Viacom 587000 33 unch pc Ltd. _ ,._., 584,800 1 3/16 unch . 582,100 2h 3/16 Dow Jones new York a Dow Jones closing Range of aver Ages on wednesday. High Low clot Aningi 30 industrials 3954.54 3878.78 3913t.42 off 3.b820 transport 1651.65 1.624.06 1642.22 up 10.58 15utililies 191 34 187.52 189.16 off0.73 65 stocks 1358.98 1333.87 1346.73 up 1.40 time Warner works to Purchase Abc new York a time Warner inc. Is talking with general electric  buying Abc in a Deal Worth $2.5 billion in Stock and Cash a newspaper re ported. Also Walt Disney co. Apparently has approached lbs inc. And Abc about buying one of those networks the new York times reported thursday. The Wall Street journal citing unidentified sources familiar with the time Warner be talks said the Sale could be Worth As much As $3 billion. Other sources said be was looking to sell Only partial stake in Abc the journal said. Time Warner which has extensive Cable television holdings has been talk ing with be about buying Abc along with Cable television services. Such Assn by the times reported. But time Warner would not acquire the seven television stations that a Browns and operates the newspaper said. Time Warner spokesman de Allerand Abc spokeswoman Mary Neagoy declined to comment wednesday. The times quoted an unidentified source familiar with Abc s Side of the negotiations As saying time Warner hashed talks with John f. Welch jr., be chairman and chief executive and Rob Ert c. Wright Abc president. Inton uces pay raise for Federal workers to 2% from wire reports Washington president Clinton on wednesday reduced a 1995 pay raise for millions of Federal White Collar employees from 2.6 percent to 2 percent. At the same time he said he would in crease locality or Cost of i veg pay for Many Federal workers by an additional 0.6 percent. Nationwide the average in crease for a Federal worker thus will still amount to 2,6 percent. But if Clinton had not acted the wage increases would Bave totalled 2.6 percent for All Federal White Collar workers and an additional 1.2 percent in locality pay aides said. Clinton said he acted to hold Down Federal pay to continue the budget discipline put in place by my administration and to reduce the deficit. Clinton outlined his pay plan in a letter to House and Senate leaders because Congress has not finished work on the appropriations Bill setting Federal pay. Clinton announced his intentions wednesday because of statutory dead lines. The Law requires a decision on Gen eral pay by aug. 31 and a decision on locally pay by nov. 30. Locality pay rates based in part on local wage rates in More than 25 Large cities and labor depart ment surveys will not be determined for several More weeks officials said locality pay is intended to help close the pay Gap Between White Collar fed eral workers and private sector employees in areas where no Federal wages for similar jobs outstrip government pay. Earlier this year the president set aside $1.1 billion in his fiscal 1995 budget for a pay increase. The budget which did not specify How the Money was to be spent said the Money would finance the equivalent of a 1.6 percent pay raise. But congressional committees with jurisdiction Over military pay signalled they would give the armed services a 2.6 per cent pay raise and rep. Steny Hoyer d md., crafted a More expensive plan that would give most civil servants a general pay raise and a locality pay adjustment that combined would equal 2.6 percent. In his letter wednesday Clinton said it would be his intent to provide Federal civilians with locality pay raises that equal 0.6 percent of civilian  last year the Clinton administration proposed a pay freeze and opposed local Ity pay. The administration contended that the methodology used to calculate locality pay was flawed and one administration analysis said pay for some Federal jobs would end up being too High. Con Gress in turn opted to finance locality pay but did not fund the general across the Board pay raise. The president s announcement also ensured that civil servants will not receive a larger pay raise next year. The Law ties Federal pay to the employment Cost Index which would have set the general pay rate at 2.6 percent next year even be fore the locality pay was added. Simple Simon the Simon cellular Telephone is shown on monday in Houston. The new Mode phone from Bel South also can serve As a fax machine or an of fice computer. Houston cellular touts Simon priced at $899, As a hand held portable office. Be burned by Coffee suits  by newday a recent $2.9 million jury award to a new Mexico woman who suffered third degree Burns from a cup of Coffee purchased at Mcdonald s is stirring up the last food Industry. Concerned that the award will spark copycat suits some chains Are rethinking the temperatures at which they serve Coffee and Are considering placing warnings on their cups or developing new packaging for their hot beverages i m certain everyone is going Back and reviewing their brewing procedures with an Eye toward limiting their exposure said Bob Harrington director of tech Nical services at the National restaurant association in Washington . Prompted by the new Mexico Case Hardee s food systems inc., owner of the Hardee s and Roy Rogers chains is evaluating its containers said spokesman Maurice Bridges we re trying to determine if there Are ways we can make the Public More aware of what the potential dangers Are he said. At Dunk a donuts a Chain that garners More than half its sales from Coffee spokesman Bill Chiccarelli said we be been looking at the entire process around  _ officials at the 7-eleven convenience store Chain which Sells More than 1 million cups of Coffee a Day also Are assessing their Coffee sales. Mcdonald s corp., which did not return Calls reportedly plans to Appeal the multimillion Dollar jury verdict according to nation s restaurant news a Trade publication. Liebeck s attorney Kenneth Wagner said Mcdon Ald s serves its Coffee at 180 to 190 degrees compared with the 135-degree to 140-degree temperatures Gener ated by Home coffeemakers. Though there is no official Standard temperatures for fast food Coffee can Range from 180 degrees to 200 degrees Industry officials said. Firm going for More Crispin cheerios wheaties Minneapolis a general Mills inc. Is adding More crunch to morn ing. The cer Almaker has changed the Way it toasts its popular cheerios and wheaties to make them taste better and stay or Techy longer in milk. The company says the changes Are Subtle and might not be something that people will recognize right away spokeswoman Kathryn Newton said wednesday. The reformulated cereals should be i stores in october cheerios the company s top Selling be real will be crisper with a More pronounced toasted oat flavor Newton said. It also will have about 10 percent less sodium than before. The new wheaties also will be crisper and the taste will be Milder. No changes Are planned for Honey nut Apple cinnamon and Multi Grain cheerios general Mills makes changes in about one third of its nearly two dozen cereals each year to improve flavor and texture Newton said. Cheerios was last reformulated about 10 years ago. It has been a Little longer than that for wheaties she said. Regular cheerios holds about 3.6 per cent of the . Cereal Market by volume Down from 4.7 percent in 1989. But Spe Fialty cheerios May have siphoned off some volume from regular