European Stars and Stripes (Newspaper) - October 9, 1994, Darmstadt, Hesse                                Page 12 the stars and stripes Money matters i sunday october 9,1994 Dollar watch shown below Are the highest Dollar Exchange rates for the week of oct. 3 7 compared with Dollar rates for the same period one year and five years ago. German Mark one Dollar would buy you i an 189 1.51 160 1994 1 1993 1 a military Exchange rate 1999 British Pound one Pound would Cost you "1,62. 1,57 1.60 1994 i 1993 i 1989 i belgian franc one Dollar would buy you a a 39 75 31.75 v 35-4s i 1994 i 1993 i 1989 i dutch Guilder one Dollar would buy you 1 79 213 1.72 -79 i 1994 j 1993 l 1999 i French franc one Dollar we put buy you 5 7. 6.38 .71 1994 l 1993 1 1999 i greek drachma one Dollar would buy you 235.55 229.80 a 166.28 1994 i 1993 i 1989 i italian Tira one Dollar would buy you 1,564 1610 Spanish peseta one Dollar would buy you 128.11 132.25 119.88 i i 1994 j 1993 a a a a i 1989 employees fuming Over office smoking ban Olympia Wash. A Bruce Beecher swivelled in his office chair and glared at his unused ashtray.  in a like to kill somebody a he growled. Beecher. An equipment Salesman at capital business machines surrendered Early to Washington states new ban on smoking in private offices. The Law is the nation s strictest statewide ban on workplace smoking put into effect. The state began enforcing it saturday. On Friday Beecher was into his sixth nerve jangling Day without nicotine. He decided to kick his two pack a Day habit rather than leave his desk and his Telephone to smoke. V a it would Cost me business to leave a he said. T a a  fellow employee Linda Copeland Wasny to about to give up her cigarettes. She smoked and fumed in the company a sterile new $800 smoking room Complete with a fancy ventilation system. The new Law permits companies to provide smoking rooms but they must meet stringent ventilation requirements and can be used for smoking  this country has a real Streak of puritanism. That a what this is All about a Copeland said. Washington a regulation was adopted by the state department of labor and industries on grounds that secondhand smoke is a health Hazard. A it is not our intention to become the nonsmoking cops in offices a department director Mark Brown said. A we will re Spond to worker complaints but businesses will first get a letter informing them of the new regulation and asking for compliance.�?�. Continued violations could result in fines up to $200, the regulation took effect sept. 1, but enforcement was delayed while the Rule was challenged in court by four cigarette manufacturers and two Washington companies. A state judge rejected the Challenge a few weeks ago. The plaintiffs have taken their Case to the state court of appeals arguing that the department had no authority to impose the ban and that there is scant Eye Dence that workplace smoke poses a significant health risk. The appeals court refused Friday to stay enforcement of the Rule pending action on the Appeal. The ban on smoking in private offices extends to adjacent spaces used by pm Floyces S.C. As restrooms cafeterias and meeting rooms Washington already bans smoking in Public places S.C. As stores state offices and restaurants except for areas designated for smoking. V. Maryland regulators earlier this year moved to ban smoking in virtually All in closed spaces where people work but the ban is tied up in court and never went into effect. And Vermont passed a Law restricting workplace smoking in 1988. But smoking is allowed in a private office if Only one person uses it if its designated a smoking area if others done to have to enter and if is ventilated to the outside. In Washington state Dean Hartman manager of capital business machines decided to install a smoking room and spent $800 following detailed specifications required under the new  i done to think the government should be telling me what i can do in my own building a he said a a in a a nonsmoker and frankly i done to like smoking. But what right does the government have to come in Here and say what we can do in our own private offices a Hartman noted that the state recently required motorcycle riders to Wear helmets and is about to require All businesses to provide health insurance for employees. A they Are in our lives too much and this is just one More example a he said. One of his employees inventory control manager David Good applauded the disappearance of smoke from the office. A i love it. For years the smokers have pumped that smoke on us a he said. A the majority a being protected for a  by the state department of labor and in Maryland regulators earlier tins year pumped that smoke on us be Saia. Destries on grounds that secondhand moved to ban smoking in virtually All in majority a being protected for a Chan Stock Market s future closely tie it to passage of Gatt experts say new York apr As if Stock mar a a a a a a a a a a a a a a a it a a. J a -.  a. A. Ket investors weren to already spooked new York Exchange i turkish lira a one Dollar would buy you 34,225 1994 12,293 1993 j 2,253 1989 is amps new York apr As if Stock mar Ket investors weren to already spooked about the possibility of higher interest rates now they have  about the Fate of world Trade. A Trade agreement with Japan reached last weekend should help the nations Trade imbalance. But . Companies need Congress to ratify the general agreement on tariffs and Trade if they Are going to sell their products efficiently in other overseas markets and import foreign products at reasonable prices analysts say. Bowing to intense pressure from republicans and some democrats Congress has shelved its Gatt ratification vote until late november after midterm elections nov. 8. For the time being investors seemed not to care too much. They were proc cupid last week with economic figures that were deemed potentially inflationary and Likely to prompt the Federal Reserve to increase Short term interest rates. The Dow Jones Industrial average ended Friday s session at 3797.43, up 21.87 in sympathy with gains in the Dollar and Bond prices but Down 45.76 for the week. -. But the Gatt vote is a crucial variable in Many investors minds As they plot Winter strategy. A if the vote fails the Stock Market will go Down big a said David Shulman equity strategist at Salo Mon Brothers. A the Gatt agreement basically is a real positive for Long term growth in the second half of the �?T90s,�?� Shulman said. A if you Don t have it investors will Start to Mark Down their growth estimates and companies will Start to show lower earnings per  the 123-nation agreement would reduce tariffs and business subsidies world wide. But on the Down Side the United slates would lose $12 billion in tariffs Over the first five years that the new v0hk a of Iho -10 most Active lading Nallo Nalt Friday. Nam Viacom vat a. Sacomb. -. By. Times a Echo Bay excl Ltd. Imperil a g engy S.C. a. A us Alcor a. Royal Oak a a a a a a a Borsand a a a card a sales closing Price and net change american Stock Exchange issues Velum 2,704.700 -. 1.753,900 1.017,100. 450.900337,600 -330,500. 313,700 .292,900 272,700268,000 268,000 list chg. Mi/i6-.38vi unch 2lvi i. M a 1 vi1/16 34v. I 151v it 4 a v i 4�?Ta�?1/16&Quot a 6 i i t2?i i i Dow Jones 1 new York a. A Dow Jones closing Range of averages on Friday. .  High Low close Chang .30industrials 3826.03 3754.37 3797.43 up21 87 20 transport 1457.13 1429.88 1444,78. Up 6 28. 15 utilities Quot. 179.40 176.38 178.42 up 059 65 stocks Quot .1271,47 1247,92 1261,85 up 6.31 new York Exchange new York apr sales 4 . Price and net change it a a. The 15 to nose Active new York Stock Exchange issues trading nationally Friday. A Ham Vot Umi lit cig. Ism a a a a a a a a 4,484,000 71v4 4 214. Cell pen n a a a a a 3,888,500 a 28 /4 4 a Agen motor it a a a 2,846,700 43 a via Telma aos Quot a 2,651,900 60h 4 w Compaq  Quot. 2,601,300 32h 4 i. Sustal riles /. 2,454,200 2va unch Walmart a a 2,448,500 22 a att corp a 2,421.200 52 4 i. Sep acc s a 2.325,000 14vi 4 i she horns a a Quot 2,271,200 67vi 41 Geneles a a. 2,089,100 46v via Texaco. 2,072,600 61 41 Kmart 2,030,900 16h h okla get a. 2,025,500 33w 4carcil a 1,992,000 25vi a agreement is in effect according to the congressional budget office. And sen. Ernest Hollings d-s.c., one of the treaty a most vocal critics said Gatt will Hurt some . Industries by opening american markets to cheaper foreign made goods. The treaty a proponents including most Stock Market analysts say it will lift the global Economy by cutting worldwide tariffs an estimated. $740 billion. They claim the Accord could create 300,000 to 700,000 jobs in the United states alone. Big beneficiaries of the Trade Accord would be Large companies that already have a presence overseas. The treaty would open doors of International Trade to medium sized and smaller companies As Well. Also significant to  business interests Gatt extends the rules of world Trade beyond manufacturing to services Jed intellectual property S.C. As com Puter programs and drug patents. A traditionally any time that there has been a. Breakdown of Trade barriers it has improved world Trade and benefited . Businesses a said James Solloway research director at Argus research  with this particular round of Trade talks the benefits that would accrue to the . Are even More substantial than usual because for the first time we Are dealing with some formalization of Trade in services and intellectual  Hugh Johnson first Albany  Market strategist Points out that a ratification of Gatt would also help fight inflation which seems to be uppermost in investors minds now. A Trade agreement would Cut tariffs which function As a kind of tax on goods and services and contribute to higher prices worldwide Johnson said. Johnson and others Hope. Congress postponement of the treaty vote is More a political ploy than an assessment the treaty a merits. Republicans generally More Beholden to business interests than democrats will have a hard time justifying holding up the measure the experts reason