European Stars and Stripes (Newspaper) - October 19, 1994, Darmstadt, Hesse                                Page 16 the stars and stripes Money matters wednesday october 19,1994 today a rates following Are fixed rates at which Community banking and credit Union facilities will sell for eign currencies to . Personnel for personal use British Pound. 1.66 dutch Guilder. 1.64 German Mark. 1.47 nols Tho rates above apply within the Host country. Figures Are expressed in dollars to the British Pound other currencies to the Dollar. Leo 11 owing Are Interbank rates that fluctuate and should be regarded As the approximate value of. The . Dollar to foreign currencies a a. Austrian Schilling 10.5725 Bahrain Dinar. 0.377 belgian franc 29.86 British Pound 1.6115 Canadian Dollar 1.354 danish Krone 5.884 dutch Guilder. 1.6847 French franc. 51532 German Mark. 1.5026 greek drachma. 230.85 italian lira .1,534.50 Kuwait Dinar. 0.2965 norwegian Krone. 6.545 portuguese escudo 153.75 saudi rial 3.7506 Spanish peseta 124.81 Swiss franc 1.2495 turkish lira 34,625.00 a note figures Are expressed in dollars to the British Pound other currencies to the Dollar. A Gold quote .$390.00 an ounce a Silver quote $5.41 Fin ounce. A a sources merchants National. Bank amp Trust co.  associated press c new York Exchange j a new York a sales of the 15 most Active new trading nationally on monday mama a Chc Wasto a a a a is Kodak. Force motor s or Nab. Phllip morals a Pacl Ficor a it Gen flee s Mcdonalds s a arc Larl Quot. Gen motors a. And Micro notch  Dick ads Quot a a . Sustair line Quot closing Price and net change York Stock Exchange issues volume 6,453,700 �3.509,600. 2,024,000. 2.741.200 2.323.000 2.278.900 2,023,200 1.990.900 1.933.100 1.907.200 1 882,700 1,777,300 1.684.100 1.649.000 1,599,200 Lett chg 9 i 1w-4814 a 144 2914 w 644-3/16 61 % a 17 a. 5014 unch 27w-. 44 19% i 4644 a % 2344 % 33v4 v4 62% % ,.6844 1 2.1 44 r american Exchange 1 new York a ,-closing Price and not change of the. 10 most Active american Stock Exchange issues hading nationally on monday. Name 1 a. Volume. Lesl chg. Viacom . A 13,349.200 1 vhf -1/16 Viacom. 1,534.800 .4014 % us Atco. 857,400 -544 14 Echo Day a. 602,900. M 14 Amdahl. A 560,900 9v4 % Grey Milne. A 560,900 vhf a car hard a a a 532.400 11 i a to Viacom ,. 466,000 41% 14 Twa voting -462,500 1 15/16-t .3/16 x5l Ltd 317,800 1 3/161/16 l Dow Jones a. A new York a Ages on monday 30 industrials 20 transport 15 utilities 65 stocks. Dow Jones closing Tange of aver High Low close change 3949.04 3883.22 3923.93 .13,45 1505.56. 1484.14 1495,78 070 1b3 63 181,12 161.98 0.66 1311.39 1290 90 1302.39 1 58 americans Aren t in finance Survey finds new York apr americans done to know enough about inflation the Federal budget deficit social Security and other Money matters a and their financial illiteracy May Cost them a Survey by the nation s top brokerage finds. The Survey conducted for Merrill Lynch amp co. By Luntz research cos. Of Arlington va., asked 1,000 americans about such topics As the approximate value of the Dow Jones Industrial average 3,600 to 3,900 most of this year and the name of the Federal Reserve chairman Alan Greenspan. About 82 percent of the August surveys respondents failed to earn a passing Grade by answering at least sue of the surveys 10 questions correctly. Only 20 people or 2 percent answered nine questions correctly. None of the respondents had a perfect Grade. Pollster Frank Luntz said the results of the financial literacy Survey published monday reminded him of a political Survey he conducted that found americans to be uninformed on current events. A but this is much worse a Luntz said. A every Day people make wrong financial decisions because of a Lack of knowledge. If they done to become More educated  continue to make mistakes a and its Money out of their  the risk is greatest in terms of retirement said Douglas Bernheim an economics professor at Stanford University in California who designed the questions. Bernheim said his research shows that too Many americans done to save enough Money to maintain their standards of living after they Stop working. Among those who passed the test the areas of greatest knowledge were mortgage and interest rates. Those who scored Best were male Between the Ages of 50 and 64 married and better educated and wealthier than other respondents. Only 11 percent of the respondents were Able to correctly place the Federal budget deficit Between $100 billion and $400 billion. Many confused the annual deficit with the National debt and More than half declined to even guess Merrill Lynch said. Only 30 percent of the respondents knew the current annual rate of inflation was Between 2 and 4 percent. Twelve percent thought inflation was higher than 10 percent a level not seen in a decade Merrill Lynch said. Respondents also were asked to identify the largest annual social Security Benefit that a two person household can receive. Quot a Only 13 percent of the respondents gave an answer within the Correct Range of $15,000 to $30,000, an indicator that some people Are overestimating the amount of retirement benefits they will receive Merrill Lynch said.  Snow White inspects the hands of the seven dwarfs before allowing them to sit Down at the dinner table. Re. I a i i / Wall Disney productions Burbank Calif. A a record 27 million retail orders have been placed for Snow White and the seven dwarfs on Home video Walt Disney co. Said monday. Assuming Consumers buy All those video cassettes when Snow White goes on Sale oct. 25, the release will easily take Over from Disney Saladdin As the Best Selling Home video in the United states and Canada. Aladdin sold 24 million copies during the six months it was in release. The Snow White video will have a $26.99 list Price. Discount retailers often sell such popular tapes for $15 and lower through special promotions. The news that the nearly 60-year-old Snow White is positioned to become the Best Seiling Home video Ever is a Bright spot in a picture that has dimmed recently at the entertainment based company. Troubles include losses at euro Disney outside Paris sagging attendance at . Theme Parks chairman Michael Eisner a heart surgery and the bitter departure of studio head Jeffrey Katzenberg who unsuccessfully pressed for the no. 2 spot in the company after president Frank Wells was killed in a helicopter crash. And while the lion King has continued the studios Success with animated films Disney has fared poorly with its generally Low budget live action movies. Curbs put on travelling execs companies say new York apr businesses have been spending More Overall on travel in recent years but continue to scrimp by forcing executives into less luxurious surroundings while on the Road a Survey released monday said. Fewer companies allow their employees to Book first or business class seats on Long flights said the american express Survey which is conducted every other year. Hotel choices Are More frequently limited to those that have negotiated special rates and employers Are More Apt to limit the size of rental cars american express said. Most companies spent More on travel and entertainment than when the Survey was last conducted in 1992, american express said. Spending per employee however was Down 20 percent to $2,484. The 1992 number May have been inflated by the heavy Job losses in 1990 and 1991. A american express said More companies Are using one travel agent to increase their bargaining Power with airlines hotels and car renters. Seventy three percent use one travel Agency up from 68 percent in 1992. Big travel agencies have been trying to get bigger recently to give themselves More clout when negotiating prices with travel companies. American express recently agreed to buy the . Travel offices and the corporate travel unit of Britain a Thomas Cook Ltd. To form one the world s largest travel agencies a the new Survey showed More companies want a tra ,i0 help track travel budget Book the lowest Tare and provide travel management advice. Two percent of employees Are allowed to Fly first cd on Long Domestic flights Down from 3 percent two be ago and 3 percent Are allowed to sit in the front of plane on International flights Dow n from 4 percent. Cd r w0 /sut0 buy International Busin class tickets 31 percent of the time Down from 34 Perce the Survey showed