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Publication: European Stars and Stripes Wednesday, September 21, 1994

You are currently viewing page 16 of: European Stars and Stripes Wednesday, September 21, 1994

     European Stars and Stripes (Newspaper) - September 21, 1994, Darmstadt, Hesse                                Page 16 the stars and stripes Money matters wednesday september 21,1994 today a rates following Are fixed fates at which Community banking and credit Union facilities will sell foreign currencies to . Personnel for personal use British Pound. 1.61 dutch Guilder. 1.70 German Mark. 1.52 note the. Rates above apply with the Host country figures Are expressed in dollars to the a British Pound other currencies to the Dollar a following Are Interbank rates that fluctuate and should be regarded As the approximate value of the . Dollar to foreign currencies a a a a a austrian Schilling. 10.9410 Ltd Bahrain Dinar. 0.37685 belgian franc .31.93 British Pound. 1.5749 Canadian Dollar. 1.3437 danish Krona. 6.0690 dutch Guilder .1.7180 French franc. 5.3055 German Mark r a it a a a a a a a a. 1.5530 greek drachma 234.19 italian lira. A a a a a a a a a a a a a a 1,561 Kuwait Dinar a a 0.29730 norwegian Krone .6.8150 portuguese escudo. 157.95 saudi rial. 3.7503 Spanish peseta. 128.71 Swiss franc. 1.2870 turkish lira. 34,010.00. Nolo figures Are expressed in dollars to the British Pound other currencies to the Dollar Gold quote $393.75 an ounce a Silver quote $5.60 an ounce. Sources merchants National Bank amp Trust co. A and the associated press new York Exchange 3 new York a sales of the 15 most Active Ncry trading nationally on monday closing Price and net change York Stock Exchange issues american Exchange 1 ,. New York a sales closing Price and net change. I the 10 most Active american Slock Exchange issues trading nationally on monday. A a a a a. A Nitro volume list chg. Andrea i a. 826,200. 19 4 71 Echo Day a a a a 759,5 10 Vajk w. Stews Tishe a 630.5110 .6 4 Reyhn done a. A. A 675.300. A 3v< a via Ziacomo a a a 573,100 35w a chess its a ,463.700 1u4 h Royal Oak a a 469,700 4w  . 1 405,700 1 214 5/16  Ltd a 365,500 1 3/16-1/16 Jup source a a 339,200 714 Dow Jones a a new York apr Dow Jones Goeing Range of averages on monday. High Low close change 30 industrials 3972.72 3909.80 3936.72 3.37 20 transports a 1575.76 1545.64 1552 53. A 13.00 15 Ulm erties 179 6.1 177.04 178.09 .86 65 stocks 1330 77 1306.55 1316.39 -2.30 government to subsidize jobs for welfare recipients Nam. Volume last chg., for motor s Quot 3,766,700 28 a h. Walmart 3.596,700 ,24v. A 14 Oigt Tareq a 3,789.400 26 a 1m coca Cota. 2,945,800 49. To. Tomc Watner. A a 2.836.700 a 3744 1 4. Abarr Ltd. 2,830,000 �2514 by Roy Loutch it 2.676.100 109 14 a Exxon Quot a. A 2,667,600. 5915 v. Micron Tacti s a 2,663.600 39h no a Merck. 2,520,900 34v4 v4. Of Agnostak 2,425.900 a 2014 -214 att corp a a 2,408,000. 55v5 14 Mana j. A 2,292,000 22t4 a 14 Chrysler. A a 2.233,400 47 4 t4 gun motors Quot a .2,163,400 so a a it Salem Ore. Apr beginning next month some Oregon residents will Trade their welfare Cheeks for paychecks. Under a welfare Reform program approved monday by the Clinton administration up to 1,000 Aid recipients will be placed in government subsidized jobs in the next year. The Experiment a provides a Model for welfare Reform at the National level a said rep. Ron Wyden d-Ore., a key supporter. Tamara Galinat is eager to Volunteer for the jobs plus program. She worked at Mcdonald a for a time but quit when her daughter was born. With no real Job skills she  care for her child now 2, without accepting government handouts.  a a Quot i would feel better about myself if 1 was off welfare. I want to make my own Money and not live off the state a said Galinat 24. In nearby Oregon City Lowell Miles has a Job for someone like Galinat. He a looking for someone willing to learn secretarial skills at his plastics company a i think there a a lot of Good people out there that we want to help if we can a Miles said. Those taking part will receive at least As much Money As they get now  fare. A a a participants will be paid no less than the Oregon minimum wage of. $4.75 an hour and will be eligible for an earned in come tax a edit which effectively pushes their wages above $6 an hour said Kevin Concannon director of the Oregon department of human resources. Participants also will receive child and health care. Each will have an a individual education account to continue schooling after he or she has found unsubsidized employment. The employer contributes $1 an hour. Each position lasts six to nine months. The experiments sponsors believe the on the Job experience will Lead participants to permanent positions at the end of their apprenticeships. The Pilot program will be tried in six Oregon counties. A Oregon a welfare Reform Effort differs from programs in other states because of the direct involvement of private businesses Concannon said. A other states welfare Reform plans have largely focused on Public jobs and Public works projects a he said a the jobs plus program is fundamentally a private sector jobs  a ballot measure creating the jobs plus program was approved by Oregon voters in 1990. It then languished until the 1993 legislature worked out a Compromise acceptable to gov. Barbara Roberts and Federal officials who thought the initial approach was too harsh. Waivers of Federal rules were required because Oregon will convert food Stamps and Aid to families with dependent children benefits into Cash. The Money will subsidize temporary jobs for welfare recipients mostly single mothers. At close quarters students of Central Catholic High school in Portland Ore., first interstate Bank of Oregon. Portland police stood guard to Hope to work their Way into the record books by placing Quad protect the coins As students worked four Days straight on the tors end to end on a 32-Milc stretch of Road. That a about 2 Mil fund raising project. The previous record was 30.3 Miles of two lion quarters which were supplied As an interest free loan by Pence coins lined up in Windsor Britain in 1992.new service May Cut .-Britain phone rates Washington apr a new International phone service is expected to Spur Competition and drive Down prices for Calls Between the United states and Britain Federal regulators say. The Federal communications commission on monday gave acc global a . Company permission to lease existing Cross Ocean telecommunications lines and Hook them into Public Telephone networks in the United states and Britain something that has not been allowed on either Side of the Atlantic. Acc global is a subsidiary of telecommunications company acc corp., based in Rochester . A the additional new Competition will Lead to lower prices for Consumers a acc attorney Jennifer manner said. The new service regulators said also should offer Consumers a potentially cheaper Way to make Calls Between the United states and Britain. Only one other plan of this kind has been approved by the acc. That was with Canada a much smaller Market. The acc expects a surge of requests by companies to set up similar International services. A. Richard Metzger Deputy chief of the fecs common Carrier Bureau said four pending applications Are for service Between the United states and Britain two Are for service to Australia and nut or three for service to Sweden. Acc global will offer the British service to . Customers in the seven states where it operates a new York Massachusetts Illinois Ohio new Hampshire Vermont and Connecticut said Francis Coleman acc  Secretary and corporate counsel. People who live outside those areas can gain Access to the service by getting a company calling eard. Acc global wont be Able to Start the new service until the British government adopts a reciprocal regulatory agreement enabling other . Companies to set up similar ventures acc officials said. The Brit Isle government is expected to do that Storl they added. In 1992, the most recent year for which Complete information was available . Companies charged customers 5666 million to make 124 million Calls to Britain totalling 733 million minutes according to the acc  
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