European Stars and Stripes (Newspaper) - October 22, 1994, Darmstadt, Hesse                                Page 18 the stars and stripes Money matters saturday october 22, 1994 today states following Are fixed rates at which Community banking and credit Union facilities will sell for eign currencies to . Personnel for personal use British Pound 1.67 dutch Guilder 1.62 German Mark 1.45 note the rates above apply within the Host country. Figures Are. Express Odin 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 Curren cies austrian Schilling 10.4885 Bahrain Dinar 0.377 belgian franc 29.72 British Pound 1.6313 Canadian Dollar 1.3575 danish Krone 5.826 dutch Guilder 1.671 French franc 5.111 German Mark 1.49 greek drachma 230.52 italian lira 1,527.25 Kuwait Dinar 0.296 norwegian Krone. 6.4865 portuguese escudo 152.51 saudi rial 3.7508 Spanish peseta 124.26 Swiss franc 1.238 turkish lira 35,360.00 note figures arc expressed m dollars to the British Pound other currencies to the Dollar Gold quote $391.65 an ounce Silver quote $5.40 an ounce sources merchants National Bank & Trust co. And the associated press new York Exchange new York a sales the 15 most Active new York nationally thursday. Nim  Compaq s  centrist so Fomotor s a Cielec Chrysler Micron techs  at to corp Olgita Leq re Clec 4 . Price and net change of Stock Exchange issues. Trading volume 12,743,800 5,116,600 4,630,000 3.600,400 3.118,100 3.109,000 2.910,400 2,897,000 2,780,800 2,767.100 2,738,700 2.627,000 2,613,800 2.578,600 2,557,000 lad Chi. 43vfe -34 75vi h 38h -t-1% 17v a 5230 28v4 49 f1 /4  a to 18v -5v 50 to 54v of /4 31 it i 29w 5vi american Exchange new York a sales closing Price and net change of the 10 most Active american Stock Exchange issues trading nationally thursday. Nit volume list chg. Viacom vat-2,693,600 1v.-1/16 Lacomb 1,222,300 39vt to Echo Bay 706,300 13vi to i Enz Oblo 688,800 13 4 h Ivan up 674,600 20 1 pc Ltd 642,000 itt h/16 Amdahl 511,700 9n Inch Usai coh 4-12,1004.15/16-3/16 Holl Onetis 420,700 1 15/1c.  374,300 14 i i Dow Jones new York a Dow Jones closing Range of. Aver Ages on thursday ,. High Low 395489 3873.13 1529,32 1497.65 181.72 178.75 ,30 industrials 20 transport 15 utilities 65 stocks 1316.89 1290.40 lost change 3911.15 off 24.89 1511.39 off 12.11 180.00 of 1.58 1302,33 off 9.37 corporate earnings by the associated press from at to to pm to ism major . Corporations made bundles Over the summer a reflection of the country s eco nomic strength and a Glimmer of Hope for people in search of jobs. The financial reports for july through september released thursday also showed that smaller companies did Well. Economists said the data released by at to corp., general motors corp., International business machines corp. And others show an economic gusto that soon could compel businesses to hire More workers to satisfy increased demand. Anybody looking for a Job should breathe a sigh of Relief said Hugh John son chief investment officer at first Al Bany corp., a securities brokerage in Al Bany . On Wall Street however the Strong earnings impressed no one As investors chose instead to examine government re ports that suggested higher inflation is part of the nation s economic growth. The Dow Jones Industrial average fell nearly 25 Points on thursday. Across in manufacturing the automotive Industry continued to ride the wave of Ris ing consumer spending. The nation s biggest automaker pm posted a $552 million profit for the third Quarter. Although pm executives said the results reflected weakness in its North american automotive business it was a big turnaround from the prior year s loss of $113 million. In communications at to s quarterly profit improved 14 percent if the costly acquisition of Mccaw cellular communications is excluded. Ism earned $710 million in the third Quarter compared with a $48 million loss for the period a year earlier. The Good news extended into consumer products. Coca cola co. Made 20 per cent More in the Quarter than during the same period last year surpassing its own expectations. Even airlines which have lost millions in recent years showed remarkable strength. Northwest airlines corp., veer ing toward bankruptcy last year reported a 54 percent improvement in quarterly earnings. The improvements show that the Plant closings layoffs and other Cost cutting measures associated with corporate restructurings in recent years have paid off at least As far As Bottom lines go. Some businesses May now Start rehiring. I think employers Are going to Start to open the Gates a Little More said Rich Ard Belous chief economist at the National planning association a washing ton research concern. A lot of companies will give up trying to meet their staffing needs by either re lying on a lot of overtime or by using part  mindful of pm s recent decision to Settle a potentially crippling strike by Hir ing More workers other companies could be inclined to follow suit said William Quinn assistant vice president at the institutional brokers estimate system a Wall Street research firm that tracks quarterly results. Strikers at a pm Plant in Flint mich., had complained that production Speed  and overtime schedules were jeopardizing their health and safety. Benetton an a group introduce logo to Mark cruelty free goods Fritz Lay betting on Low fat Chip Plano Texas a hoping Waist watchers won t Lay off potato chips frito Lay inc. Said thursday it is testing a new Low fat Chip the company is using Iowa As a test Market for baked Lay s potato crisps a version of its Lay s potato chips a National launch of the Chip is expected late next year in original and bar Becue flavors the company said. The new Chip is 94 percent fat free and has fewer than 2 Grams of fat per ounce compared with 10 Grams of fat for regular potato chips. New York a a . Animal rights group and italian retailer Benetton group have teamed up in the world of socially responsible marketing by creating a Label logo for products not tested on animals. Benetton s cosmetics division and the group people for the ethical treatment of animals on thursday unveiled the new Seal of approval a spare circular design featuring a Rabbit s head. The creators said that it is the first International cruelty free product Marker and that it is intended As an easy Way for shoppers to recognize such items. Jenny Woods a Peta spokeswoman in Washington d.c., said the logo would be aimed at makers of cosmetics person Al care products and household cleaners Peta is Best known for its High profile protests in defense of animals. In the past few years it has campaigned against the fur Trade the transplantation of Ani Mal organs to humans a Pigeon shoot in Pennsylvania use of penguins in the movie Bat Man returns and laboratories engaged in animal based research. Benetton cosmetics which designed the logo said the Marker would debut on labels for the italian company s fragrance line and some of its other products. The Rabbit was selected because that animal is often used in testing,1 Woods said. ,., Woods said companies using the logo Nice Bunny the people for the ethical treatment of animals and the italian retailer Benetton unveiled this logo thursday it is to be used for products not tested of animals. A we. J. Castello would first have to sign a legally binding statement assuring Peta that they Don t use animals to test products. She said her organization would conduct random investigations to ensure compliance. She Saidi that Peta s concern was test ing of finished products and that pres ence of the logo would t necessarily mean some of the ingredients had not been tested on animals in past years. Product testing on animals takes a Vari Ety of forms including such practices As dripping a chemical into animals eyes or applying it to the skin to see How it might affect a human consumer. Testing opponents say the same determinations can be made without using animals. Minneapolis based Aveda corp., which makes cosmetics shampoo and deter gent writes on its labels that the company does t test on animals. Spokeswoman Leslie Lynch Jablonski said that while it s too soon to Tell if Peta s logo would have any Appeal the company feels the existing packaging de livers its message effectively. Jack Trout who runs a marketing strategy firm in Greenwich conn., agreed with Marlin that Progress would be slow though for different reasons. I think the logo is kind of silly he. Said. The crowd that s in tune with this thing might buy these products but the rest of world won t care  he compared the new logo to those created several years ago to Mark products considered environmentally Friendly. While those logos appear on Many items he and Marlin said the response has fallen Short of expectations i mean we re All for the environment As Long As it does t Cost us any More Money Trout said. Tylenol loses $8.8 million in liver damage suit Vwashington a a former White House aide who claims that Ordi nary doses of tylenol destroyed his liver has been awarded More than $8.8 million in a Federal court suit against the manufacturer of the pain reliever. I had the flu and then i Wake up with my liver gone said Antonio Benedi 39. They ruined my life tie drug s manufacturer Mcneil con Sumer products co., denied that tylenol had anything to do with Benedi s liver disorder and said it would Appeal thurs Day s decision by a Federal court jury in Alexandria a. Benedi a special assistant to the presi Dent during the Bush administration claimed in the suit that his liver had been sensitized to react to tylenol by his habit of drinking write with dinner every Day. When he took the drug for several Days to combat the flu he lapsed into a coma and was hospitalized. Patrick Malone Benedi s attorney said Mcneil consumer products knew1 of the danger of mixing the habitual use of alcohol with the pain reliever but has taken no action to warn the Public. Bob Kniffin a spokesman for Johnson & Johnson the Parent company of Mcneil said the verdict would be appealed. He said that the company believed a virus destroyed Benedi s liver and that tylenol played no role. " after hearing four Days of testimony in . District court a six member jury awarded Benedi $7.855 million in compensatory damages and $1 million in punitive damages