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Publication: European Stars and Stripes Saturday, October 15, 1994

You are currently viewing page 14 of: European Stars and Stripes Saturday, October 15, 1994

     European Stars and Stripes (Newspaper) - October 15, 1994, Darmstadt, Hesse                                Today a rates following arc fixed rates at which Community banking and credit Union facilities will Sei foreign currencies to . Personnel for personal use British Pound .1.63 dutch Guilder. 1.66 German Mark. 1.49 not 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 rates that fluctuate and should be regarded As the approximate value of the . Dollar to foreign currencies. A a a a v a a Quot a by a austrian Schilling .10.726 Bahrain Dinar 0.37701 belgian franc 31.367 British Pound 1.5905 Canadian Dollar 1.3508 danish Krone 5.975 dutch Guilder 1.7076 French franc 5.2195 German Mark 1.5239 greek drachma 235.08 italian lira. 1,552.32 Kuwait Dinar. 0.2968 norwegian Krone. 6.644 portuguese escudo. 156.04 saudi rial 3.751 Spanish peseta �.128.63 Swiss franc 1.2685 turkish lira 34,920.00 note figures Are expressed in dollars to Tho British Pound other currencies to the Dollar Gold quote $387.10 an ounce Sliver quote $5,39 an ounce sources merchants National Bank amp Trust co and the associated press new York Exchange new Voitk a sales 4 . Pries and net change cd Trio 15 Nast Active new York Stock Exchange issues trading nationally thursday. A a. Narna a a. Volume Lait chg. For motors 6.166,300 28h Vejr Nab. A a 3.865,500 a 6v< i Etc Ops. 3.615.600 21h a no Eden 3,221,200 14k h Walmart a 3,205,200 241 a Rauschl 2,937,600 34v -4v telex ads 2,912.600 63w .14 gone less. 2,847,000 49v a and. 2,789,900 23v a Geneator. A 2,713,500 47w unch Merck 2,708.000 36- h Compaq 2,674,700 35t a Mic Fontechio Quot 2,437,800 3314 in Glaxo add 2.413,700 19v. A it i8m quota. 2,331,50072v american Exchange new York apr sales closing pries and net change of Fth 10 most set let american Stock Exchange issues trading nationally thursday. A. Nama. Volume last chg. Viacom it 2,281.900 1 5/161/16 spor. 1,568,100 46 27/32 5/32 three floss 1,180,000 3814 -9v4 excl Ltd 1,065,700 1 3/16 1/18 vhf comb. 1.038,000 39 w _ v. Sports club. 704,200 9 unch Reyhn done 7 667,900 in 1 Echo Bay a. 640.300 13v. H Edl Tek a a 635,2001 15/16 1/15 Amdahl a a 608,500 9 u Dow Jones r new York apr Dow Jones closing Range of averages on thursday. High Lew Dost Chang 30 industrials 3944.12 3878.18 3889.95 up 14.80 20 transport 1510.92 1482.04 1407,63 off 2.56 15 utilities 183.23 100.40 182.11 up 1.91 65 stocks 1311.39 1288.71 1294.02 up 3.87 safety seats recalled Washington a Cosco inc. Is recalling 1,397 child safety seats because of defective buckle latches that could open during a crash the National Highway traffic safety administration said. The recall covers Model 02-084 and 02-404 seats with a to shield of soft shield that can be converted from rear facing infant seats to Forward facing seats for use by toddlers. The seats in question were manufactured Between May 6 and aug. 10 this year. Owners of the seats can obtain a replacement buckle housing and installation instructions from Cosco by calling 800 221-6736 or by writing to the company at 2525 state st., Columbus ind 47201-7494. Firm s drug pricing policy called violation of ethics new York a Carter Wallace inc. Plans to sell sufferers of asthma and emphysema a new version of a $50-a-Bot-tie prescription drug without telling them that the same medication is in common cough remedies Selling for about $5. The company said it has complied with medical rules concerning the drug Orga Nidin by informing doctors about the formula change. But lung disease specialists and others said Carter Wallace is guilty of at least a breach of medical ethics. I a it s basically a fraud on the Public a said or. Sidney Wolfe director of the health research unit of Public citizen the Ralph Nader consumer organization. Or Anidin has been available for generations and is used to Clear lungs of mucus in victims of respiratory diseases. Last year doctors wrote about 956,000 prescriptions for it. According to ims America ltd., a research firm. A this year the food and drug administration ordered Carter Wallace to change the formula after tests showed that the drugs main ingredients Jodi rated glycerol caused cancer in Laboratory rats. Carter Wallace is shipping the reformulated version called or Anidin or to drug stores this month for the same Price As the old version. Its main ingredient is Guai Genesin the same medication in Robitussin do Vicks formula 44e, Tri Minic expectorant and a variety of other Over the counter cough and cold medicines. Or. Peter Rheinstein an Fra official who supervises drug information sent to doctors said thursday that companies pinup for the �?T90s Model Amber Smith strikes a Varga girl inspired pose for photographer Timothy White in the november Issue of Esquire Magazine. The Magazine will reintroduce the Varga girl the magazines most famous world War ii Era pinup girl by artist Alberto Vargas. The original Yarga girl drawings could be found on posters in barbershops and Barracks around the world. Wave by Mike Causey Washington Post Washington a the massive wave of Early october buyouts in the Federal government predicted Here and elsewhere has failed to materialize despite big plans in september relatively few Federal agencies have handed out the maximum $25,000 voluntary separation payments to eager retire mint age staffers. In most cases buyouts Are on temporary hold while agencies design downsizing and reinvention plans to accompany buyouts. The office of management and budget has approved Only 6,500 non defense department buyouts so far and has told agencies that it wont Clear their buyouts until they come in with specific plans for downsizing and realignment As directed by the National performance review Straw polls rave indicated that As Many As 120,000 Federal workers would leave for a buyout. Officials still expect Noh defense department agencies to offer about 20,000 buyouts Between now and March 31 when the buyout authority ends for them. The defense department a which has buyout authority through sept 30, 1999 a May also offer 20,000 buyouts during that period. But buyout watchers said that they believe the offers will be harder to come by and that some will not be made until next year under the revised plans. This picture stands in Stark contrast to the confident predictions that insiders were making this time last month. These insiders had predicted that Between 8,000 and 12,000 employees would leave the payroll by mid october nudged out with the help of buyouts. But Only a few thousand workers have taken buyouts since the fiscal year started oct l. Are allowed to package sonic nonprescription drugs for Sale with a prescription. For instance the painkiller ibuprofen the main ingredient in advil is still sold in prescription form at higher dosages. A a a a a .7. A a a but in the or Anidin Case the prescription dosages of Guai Genesin Are similar to the Over the counter dosages. Since the Fra does t regulate drug prices there a nothing the Agency can do about the Cost of or Anidin or Rheinstein said. A your responsibility to Consumers was to get to donated Glyce Rois out of the marketplace and we be done that a said Fra spokesman Don Mclearn. Carter Wallace  make executives available for an interview but said through a Public relations firm that it has met its medical obligations. Recovering russian Ruble adds new bulk Moscow apr the Ruble made a slight gain against the Dollar Friday ending a Topsy Turvy week that saw the russian currency crash to an All time Low before making a spectacular comeback. The Ruble closed at 2,988 to the Dollar in trading on the Moscow Interbank currency Exchange up six rubles from thursdays close of 2,994. The Central Bank continued to inject dollars into the Exchange to prop up the Ruble following a Black tuesday Quot when the Ruble lost 27.4 percent of its value. A the results show trading at mice is under the Strong control or the Central Bank which is probably trying to bring the rate to its level of late september a said Igor Doronin the exchanges chief analyst. A on thursday massive intervention by the Bank and new trading rules pushed the Ruble up to 2,994 to the Dollar up from wednesday s 3,736 close. It was the currency a strongest one Day showing Ever and wiped out tuesdays 845-Point plunge. A the Central Bank which spent an estimated $100 million on the currency Exchange thursday has spent More than a Quarter of a billion dollars in three Days to prop up the weak currency. Doronin dismissed speculation that the Bank with hard currency reserves at less than $6 billion could run out of Money by years end. A there is no risk because the Central Bank raised its lending rate making credits More expensive and thus pushing commercial Banks to sell hard currency a he said. A the Bank then buys hard currency to replenish its  this week the Bank raised its commercial lending rate to 170 percent from 130 percent in Hopes of curbing inflation. The rubles three week decline began when the Bank sat out trading sept. 22 because of dwindling reserves. By the time the decline climaxed tuesday the Ruble s value had shrunk 60 percent. Moving to halt the crisis president Boris Yeltsin fired acting finance minister Sergei Dubinin on wednesday and asked parliament to sack Central Bank chairman Viktor Gerash Chenko  
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