Discover Family, Famous People & Events, Throughout History!

Throughout History

Advanced Search

Publication: European Stars and Stripes Friday, November 4, 1994

You are currently viewing page 18 of: European Stars and Stripes Friday, November 4, 1994

     European Stars and Stripes (Newspaper) - November 4, 1994, Darmstadt, Hesse                                Page 18 the stars and stripes Money matters Friday november 4,1994. I today a rates following Are fixed rates at which Community banking and credit Union facilities will sell foreign currencies to . Personnel for personal use British pound1.66 dutch Guilder .1.65 German Mark 1.48 note Tho Ratos Ahova apply Wilbin the Host country. Figures Are expressed in dollars 1o 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 a a a austrian Schilling 10.6505 Bahrain Dinar 0.37696 belgian franc British Pound 1.6229 Canadian Dollar 1.3575 danish Krone 5.9259 dutch Guilder 1.6973 French franc. 5.1835 German a Mark. 1.5125 greek drachma. 230.42 italian lira. 1,553.35 Kuwait Dinar 0.298 norwegian Krone 6.5995 portuguese escudo 154.66 saudi rial. 3.7507 Spanish peseta. 126.15 Swiss franc 1.263 turkish lira. 36,000.00 note figures Are expressed in dollars to the British Pound other currencies to the Dollar Gold quote $303.90 an dunce. Svor quote $5.31 an ounce sources merchants National Bank amp Trust  the associated press new York Exchange i new York a sates 4 . Price am net change of a the 15 most Active new York Stock Exchange issues trading nationally wednesday. A /. A name volume lest chg. Wolfl Comax n. A 13,953,800 2415 unch a go motors a. A 6,335,900 38/4 cellist Al a a. .4.749.200 93 15 re Nab a 3.215,300 7 14. Natsumi. \ Quot 3,035,900. 161%�?T % Oryx engy ,. 2.947.900 1314 4 wat Mari. A 2,895,900 23 % it Compaq s 2,861,500 40v4 14 Micron Recti s 2.851,700 40 4 14 Ouake roat Quot a a. 2,682,800 67 4 -7h for motor s / Quot 2,680,700 29-/4 i ism a a 2.629.300 74v h Hlll Portis 2,525,200 60 4 i Motorola a 2.282,900 59 4 4 sprint. /. 2.014,000 33v4 i american Exchange Quot Quot new York apr sales closing Price end Nel change cd the 10 most Active american Stock Exchange issues a trading nationally wednesday. A name. Velum. Last chg. Viacom vat 2,092,300 1 7/18 it Lacomb. Quot. 823,900 3814 i Fly Aloang. 778.200 4 1/16 unch cd cysts 069,300 a 11v 34. . 667,000. 315 a h excl Ltd a. 614,200 1v4 to Amdahl a. A. 572,800 10v. W Maleom. A a 572,200 16�?Tt a a  523,500 4 3/16-1/16 us Nicoh. A 519,100 4 -13/16 Dow Jones new York apr Dow Janes closing Range of aver Ages on wednesday. A nigh Low clo a change 30 industrials 3883.94 3820.3 1 3037.13 off 26.24 20 transport 1535.84 1508.13 15tb.64 off 3.96 15utilities 181,72 170.03 179.15 off 0.33 65 stocks 1306.39 1282.73 1280.77 off 6.25 euro Disney slashes losses to $350 million Paris apr troubled theme Park operator euro Disney sea reported thursday that its still losing a lot of Money but about two thirds less than in the previous fiscal year. Losses for the fiscal year that ended sept. 30 were reported at 1.8 billion francs about $350 million substantially narrowed from 5,3 billion francs about $1 billion in 1992-03.  at Indence vacant hold rooms poor souvenir sales Long lids inflexible ticket pricing and a plunging real estate Market All led to a Rocky Start. Bank f o r Bounce up of bad new York a the penalties Banks mete out to customers who Bounce checks Are getting stiffer a study shows. The average fee that Banks charge for bounced checks has risen 15 percent Over the last three years to nearly $20 per Check said the study by Bank rate Monitor. The firm in North Palm Beach fla., tracks fees and interest rates. / the study of 120 Banks conducted last month showed that Consumers on average pay $19.92 every time they Bounce a Check compared with $17.31 in 1991. The charges at merchants National Bank which serves Many service members stationed in Europe also fit the pattern. The penalties Rose from $15 to $20 within the last two years a Bank employee in Darmstadt Germany said thursday the defense department determines the charges she said usually with Little Advance notice the penalties Are even higher when Banks pay the Check As a service to keep it from bouncing. Many Banks charge customers d separate fee that is often equally As Steep As the first fee if they make Good on the rubber checks. Bankers said the fees in part cover the Cost of processing bad checks. Banks Han die most checks electronically crediting and debiting Bank accounts by  when a Check is returned because of insufficient funds in the account the item is handled manually which is More expensive for the Bank. But the fees Are really meant to deter customers from Over drawing on their accounts a. A a a a a a a it a a penalty to discourage people from misusing their checking accounts 11 said Fritz Elmendorf a spokesman for the consumer Bankers association a Trade group in Arlington a. Some a a my a Quot u Quot j vtsn1- a Power of the press striking Union workers for the san Francisco chronicle and the san Francisco exam Iner clash with Security officers wednesday morning at a printing Plant that the two papers use under a joint operating agreement. The officers were trying to get a truck filled with newspapers out of the East Bay Plant in Union City calif., to customers in the Bay area after the 2,600 employees of the City a two daily papers went on strike tuesday for the first time in 26 years. Only a three trucks managed to get out wedges Day morning leaving about 600,000 weekday subscribers without a newspaper. Airlines ordered to Send coupons by end of year Atlanta a a Federal judge said wednesday. That he wants about $400 million Worth of discount coupons distributed to travellers by years end to resolve an airline Price fixing lawsuit. , District judge Marvin h. Shoob moving closer to finishing the 4-year-old Case against the nations biggest airlines approved a report on the processing of 4.3 million claims that were filed by the deadline of june 1, 1993. The Only Issue left is approval of the value of individual coupons Shoob said in his order. Documents filed in the Case so far said the largest individual certificates would be Worth $25 each but did not provide for smaller denominations. A because the airlines will not pc making a change for the certificates those who Fly less and May take less expensive flights need smaller denominations of tickets to maximize their value a Shoob said. Ann Yahner an attorney representing travellers in the class action Case said that she had not yet received shoo by order but that she was confident the mailing deadline could be  if we re going to mail them before dec. 31, no one can waste any time a she said. The coupons were awarded in the settlement of a suit alleging that airlines used a computerized reservations system to mutually raise ticket prices. The airlines denied wrongdoing but agreed last year to a $458 million settlement that includes discount coupons court costs and attorneys fees. The Atlanta Case was one of three suits brought in recent years alleging Price fixing. All were settled. _ named in the Atlanta suit were american airlines Northwest airlines pan american world airways Delta air lines Midway airlines trans world airlines United airlines us air and Continental airlines. The suit was brought on behalf of anyone who bought tickets on the airlines Between Jan. 1, 1988, and june 30, 1992, for travel through 34 Domestic hubs. New York apr three months after its introduction aleve has become the third Best Selling Over the counter painkiller in the country. The Little Blue pills claiming to give Relief for eight to 12 hours went on Sale in june and by mid september had surpassed excedrin and Bayer according to new Market share statistics. Aleve still has a Way to go before it challenges superpowers advil and Tyle not. A a  a a a a however Alever a distributor Procter amp Gamble says it has already grabbed roughly twice the share that advil had just after its introduction 10 years ago. A we feel very Good about the results to Date a spokeswoman Chris Burbank said wednesday. For the Success analysts credit a amp Gas $100 million a fall Day Strong All Day Long advertising Campaign along with discount coupons to a get people to try a aleve / a but they also said the real reason behind Alever a Success May be harder to quantify. Marketing consultant a1 Ries of great neck n.y., Calls it the a next Gen oration principle. A every so often there san Opportunity for a new product to come along that May riot be any better but it grabs a signify cant Market share just by being the next generation a he said. A in a world of claims and counterclaims the Only thing the consumer knows for sure is aleve is the new product and advil and tylenol Are the old products. So they just Asburrie that the new product has got to better. Otherwise Why would they have introduced it a. Whatever the reasons aleve had roughly 6.8 percent of the $2.5 billion a year painkiller Market in the four weeks that ended sept. 11, said the research firm information resources inc. _ Johnson amp Johnson a tylenol remained the no i Brand with about 28.9 percent Down 3.6 percentage Points from its share during the first three months of the year. Advil remained no. 2, with about 16.2 percent Down 0,7 Point from the first three months. Bristol Myers Squibb a excedrin. Followed aleve with about 6.3 percent Down 0.7 Point. Bayer products were next at about 5.4 percent Down 0.9 Point. Burbank said wednesday that after Alever a debut the company made sure to saturate the Market rapidly delivering the pills to stores in 90 percent of the country within five weeks. Now its available everywhere she said  
Browse Articles by Decade:
  • Decade