European Stars and Stripes (Newspaper) - November 03, 1994, Darmstadt, Hesse                                Page 14 the stars and stripes Money matters thursday november 3,1994 today s rates following Are fixed rates a which Community banking and credit Union facilities will sell for-., currencies to . Personnel for personal use British Pound 1.68 dutch.0ulld0r 1.63gorman a Nark. 1.46 note the rates above apply within the hos 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 Curren cies ,. A austrian chilling 10.5155 Bahrain Dinar. 0.37696 belgian franc .30.70 British Pound. 1.638 Canadian Dollar. 1.3555 danish Krone. 5.848 dutch Guilder. 1.6733 French franc. 5.1208german Mark. 1.4945 greek drachma. 231.29 italian lira. 1,535.35 Kuwait Dinar. 0.29625norwegian Krone. 6.5181 portuguese escudo. 152.62saudi rial 3.7509 Spanish peseta 124.55 Swiss franc a. 1.2445 turkish lira. 35,550.00 note figures Are expressed in dollars to the British Pound other currencies to Thi Dollar Gold quote $383.85 an ounce Silver quote $5.30 an ounce. Sources merchants National Bank it Trust co and the associated press new York Exchange new York a sales 4 . Price and net change of the 15 most Active new York Stock Exchange issues trading. Nationally tuesday. Nans volume list . " 7.181.400 38h h re nab5,219.500 6v4  5,148,600 60h %. Chile Tel 3,818,100 3v Citicorp  3,535,800 46v 1h Mcdonalds s 3,238,300 28r/ Lunchford motor 3.224,200 29 a sprint a 3,175,500 33w Una ride 3,037,500 31v -1h Rwjr Nab pfc 2,953,200 6%/f vtelmexa6s " 2,901,200 54 -1 of chem j _ 2,566,500 70v -3hibm 2,434.400 73 h Compaq i 2,093100 40h v4centerloren 1,871,200 8v4 a american Exchange Velivis last cds.2,831,800. 1v16 univ new York at sales closing Price and net Changet Thi 10 most Active american Stock Exchange issues trading nationally tuesday. Naip Viacom vat Ivanc Samdahl Vlaco Bolsten "   a Borsand 18v 10v h 39 it 34h -1v47w -.�. 435,2004661/84-17/32431,400 12v h 422,900 1m unch341,200 7v to 905,900805,700 793.100.671,000 463,900 Dow Jones r new York a Dow Jones closing part Fly of aver Ages on tuesday ".". High Low clots change 30 industrials 3919.9020 transport 1532.58 15 utilities 180.88 65 stocks 1310.45 to383879 3863.37 off 44,75 1508.13 1522,80 off 4.19179.48 off 1.91 1296.02 off 11.25177.891285.65 ago lbs Moines Iowa a it May soon be tougher to find a big Mac and Mcdonald s Fries in Iowa because of a dispute Over a restrictive franchise Law Mcdonald s president de Rensi said tuesday that the company had stopped granting new franchises in the state and won t renew existing ones because of the Law   " if this Law does t get changed significantly we re not going to franchise in Iowa anymore Rensi told a Des Moines business group. Rensis threat is the latest skirmish Over a 1992 Law that is considered one of the toughest in the nation for franchisers the Law restricts the ability of franchisers to cancel of refuse to renew contracts and restricts the granting of new franchises that compete with existing ones. Iowa has 102 Mcdonald s restaurants with 90 of them owned by franchise hold ers and the remainder by the company. Although the franchise contracts Typ  for 20 years Rensi said that the company will refuse to renew a contract for tyo Des Moines restaurants this de Cember and that other contracts expiring next year will be allowed to lapse. The Iowa Law survived a repeal at tempt this year led by More than 100 franchising companies including Mcdonald s. The Law was sought by franchise holders from other businesses who claimed they were Beiring manipulated by franchisers. Businesses protest meat inspections Washington a the super Market and peat industries want a Feder Al judge to Stop the agriculture depart ment from testing raw meat for a rare but potentially deadly bacteria. The lawsuit said the testing would protect Consumers from the e. Coli bacteria q157 h7, but would expose Industry to costly recalls and prosecution. It also contended that Michael Taylor acting undersecretary for food safety and administrator of the agriculture depart ment s food safety Anid inspection serv ice began the program without giving the Industry proper notice. The suit was filed tuesday. San Francisco examiner photographer Kim Komenich pickets on tuesday night. Strike 2 major dailies san Francisco a employees at san Francisco s two major daily newspapers went on strike tues Day night after Marathon negotiations failed to produce a contract agreement. The conference of newspaper unions represents 2,600 employees at the san Francisco chronicle and sex Anjier including reporters janitors Drivers and others involved in the newspapers production. Many staffers at both newspapers were expected to Stop working and join hastily called picket lines. At a newspaper printing Plant employees streamed out of the parking lot in their cars Many honking their horns. Solution after solution was offered and management continued to reject those solutions Gnu spokes Man Steven Chin said before the strike was called. James Hale president of the san Francisco newspaper Agency which handles advertising and distribution of the papers under a joint operating agreement did not immediately re turn phone Calls. One of the key issues was the Possi ble Layoff of 150 teamster delivery truck Drivers and 400 youth carriers As part of an Effort to streamline distribution. The teamsters Are one of the eight unions negotiating under the Banner of the Gnu. Hale had said both papers would continue to publish if there were a walkout and guaranteed they would be delivered to subscriber doorsteps. The chronicle a morning newspaper expected to put out Early editions of wednesday s newspaper. Plans for later editions were not known. The unions have pledged to put out their own free tabloid called the san Francisco free press which will in clude the Best known columnists of the chronicle and examiner. On monday night the unions postponed a Midnight strike deadline. The two sides negotiated through the night and continued tuesday but did not reach an agreement the last strike at the two papers was in 1968 and lasted 52 Days. The chronicle is independently owned. The examiner an afternoon paper belongs to the Hearst newspapers group. The history of abuses in the franchiser franchisee area is just shocking said Brent Appel an attorney for the Franchi sees.--. There s been a Long history of difficulties in the  the Iowa franchise act is a moderate Effort to regulate the worst abuses in the franchisee franchiser area Appel said. Rensi said Mcdonald s franchise hold ers Are not complaining and he showed the business group a film clip of Mcdon Ald s Iowa franchise holders praising the company. There Are in fact people out there who Don t do a Good Job of franchising Rensi said. I say we be got plenty of Laws to Deal with  pm seeking to cancel hearings on fire peril Detroit a general motorscorp., facing a Public relations Nightmare Over pickup trucks alleged to be fire hazards has asked the government to skip a Public meeting on a recall and hand the Issue to the courts. Pm attorney Thomas Gottschalk made the proposal monday during a meeting in Washington with Stephen Kaplan Gener Al counsel of the transportation depart ment.  Secretary Federic Opena announced last month that pm s 1973 through 1987 full sized pickup trucks pose an unreasonable risk of fire or explosion in Side Impact collisions. The risk to caused by the dual fuel tank that Are mounted outside the vehicles frames Pena said Pena scheduled a Public hearing for dec. 6 on whether the government should order Ai recall. Pm initially assailed Pena s decision and said it would fight any recall order. On monday however Gottschalk Gav Ekaplan a letter in which he said it appears inevitable that this controversy will Only be resolved finally in Federal  Gottschalk said a Public meeting would delay a decision and generate consider Able acrimony and emotion which ill serve the Public  transportation department spokes Man Bill Schulz said it was the first time that an automaker had asked the govern ment to forgo such a hearing. Well review the letter arid go from there he said tuesday. He would no give any time Frame. Federal Law does not require a Public session on a recall order. Pm built about 9 million trucks wit fuel tanks outside the Frame rails be tween 1973 and 1987. The company Esti mates that about 6 million remain in use. The trucks have been under investigation for two years by the National High Way traffic safety administration. Critics say the sidesaddle fuel tank make the vehicles More Likely to catch Fije or explode in Side Impact crashes. The safety administration asked pm to recall the trucks voluntarily in april 1993, but the automaker declined. The dec. 6 hearing promised to be sensational session with testimony from the families of people killed in fiery crashes of the pickups and from Cras survivors. S