European Stars and Stripes (Newspaper) - November 05, 1994, Darmstadt, Hesse Page 14 the stars and stripes Money matters saturday november 5,1994 \ today s 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. 1.65 dutch Guilder. 1.66 German Mark. 1.49 note the rates above apply within he 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 Curren cies austrian Schilling. 10.7045 Bahrain Dinar. 0.37698 belgian franc .31.29 British Pound. 1.6125 Canadian Dollar. 1.3593 danish Krone. 5.9615 dutch Guilder 1.7011 French franc. 5.221 German Mark. 1.5213 greek drachma 233.20 italian lira. 1,562.25 Kuwait Dinar. 0.2981 norwegian Krone 6.6375 portuguese escudo. 155.45 saudi rial. 3.751 Spanish peseta. 126.73 Swiss franc. 1.2718 turkish lira. 36,070.00 note figures Are expressed in dollars to the British Pound other currencies to the Dollar Goto quote $383.90 an ounce Silver quote $5.27 an ounce 1- sources merchants National Bank & 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 thursday. Volume 4,077,7003,761,400 3,526,300 3.127,700 2,972,9002.525,600 2.466,900 2,267,800 2,200,100 2.188,2002,184,200 2,096,300 2,073,800 Dimege motors to tax ads Ioctl Comax limited Walmart Compaq Tull acres _ -.gap. Motorola s Dillard Micro tech s Dupont Una ride Chi. V4 h ult 39 s4h 23hzovi 23h % it h h48h -1vi 46v pm 2,049,000"2,047.400 .1 to. It 55w i american Exchange new York a sales closing Price and net Changet the 10 most Active american Stock Exchange issues trading nationally thursday.volume701,200nimeviacom vat us ale g Grohn Elneus Biosca Echo Bay Uit clip. 1h-1/18 586,500413/1613/18 562,500 15/16 1/16 549,000 38h unch 521,100 484,500 445,500421,700 402,400 369.900 4 -1/18 it h 7v v4 4 3/185 it 12 a Dow Jones new York however the monthly payment would first year payments lower than required for a Standard fixed rate loan the first program addresses the sin be $734, compared with $719 for the Standard mortgage. The calculations As sume a 9 percent interest rate. Be $719 a. Month for the life of the loan. The payments assume a 9.3 percent inter est rate. ". ". Fannie Mae said it will require an Esti mated $9 in additional monthly mortgage insurance on Loans with Down payments of less than 15 percent. It said the amount will allow the company to offer More Loans without affecting a consumer s ability to qualify for a mortgage. Consumers seeking information can Call Fannie Mae s Public information office at 1 -800-732-6643. Possible fixing of fees paid to High fashion models like this one at the Spring 1995 women s Wear collection in new York on thursday is being investigated by the Federal Trade commission. Etc a Vest Gay Ilg fashion Mode fees new York a what s the difference Between a Model and a supermodel it once was As much As $17,500 a Day and Federal officials Are investigating whether fashion Industry folks conspired to fix models salaries at a much lower rate. Word of the Federal Trade commission probe came tuesday in the Middle of fashion week when scores of models flooded Manhattan to show off the latest Spring 1995 clothes from the world s most famous designers. In the runaway pricing of runway fashions top models like Naomi Campbell and Kate Moss were collecting up to $20,000 a Day for their fashion show work typically four or five hours Worth. With the Cost of a show soaring above $100,000, designers Alleg edly gathered to set a Model s fee Cap at $750 an hour for the shows the Etc probe according to a letter to one designer is trying to determine if the fashion Industry May be engaging or May have engaged in unfair methods of Competition that is Price fixing. L. . I a -. Ridiculous said those in the business at least those who were talking. A. V there is no Price fixing. Trying to it everybody in the fashion Industry to agree on anything would of impossible said Fern maj Lis executive director of the Council of fashion designers of Ameri Ca. /. V., a. \ Mallis and other fashion Industry people acknowledged that they had cooperated with the investigation after receiving letter from the Etc asking for records regarding Model fees. The Etc refused to confirm or deny the probe Bud Konheim chief executive officer of Nicole Miller said that he thinks models should get anything that they command and we should pay the Price we can typically he said that is up to $750 an hour for a 2vi-Hourshow. The models were a bit More taciturn about their paychecks. Linda Evangelista declined to comment on the advice of her at Torney. Moss said she knew nothing about it. And Helena Chris Tensen said modelling was a Nice Way to make a living. I Don t know exactly what i m getting paid but it seems fair she said. Look at what actors but supermodel Kristen Mcmenamy said she had no problem with a salary Cap for her profession it s Good to put a ceiling on models fees. They get paid too -. Plant in Tennessee restaurateur faces olympic size headache Union City. Tenn. A Tyson _ _. V uni Oscity Tyso foods inc. Announced plans thursday to build a poultry Plant in Tennessee that will employ 1,500 people. The new Complex in Union City is expected to Cost Between $55 million and $65 million Tyson said. The Plant which will process 1,3 Mil lion chickens a week is scheduled to begin operations in the summer of 1996. Tyson based in Springdale ark., expects More than $5 billion in sales this year. The company which supplies 20 percent of the Chicken consumed in the United states employs 51,000 people. New York a at 44, Spiros Nakos can t run very fast or jump that High. But the . Olympic committee is after him anyway because his coffees hop is called the olympic restaurant. The soc has accused the greek immigrant and his 10-table eatery on the lower East Side of copyright infringe ment. In two letters sent last month to Nakos Graffiti scrawled restaurant the committee warned him to discontinue the unauthorized use of soc spokesman Mike Moran said Nakos is just one of approximately 40,000 businesses that received such letters this year for using olympic insignias and terminology. The committee uses the sym Bols to generate Revenue. By allowing people to use the name without their consent it loses put on Money. I did t do this to abuse the name and make Money Nakos said thursday standing alongside his freshly baked Muf fins. I do it because i believe in this the the letters arrived 14 years after Nakos opened his Coffee shop which Fea Tures a Neon sign promising the world s Best Coffee and a picture of. The owner with president Clinton. Moran was unsure How the committee found out about Nakos restaurant which. Caters to a Small but Loyal clientele. Over a tuna Sandwich one Patron High school teacher Victor Acevedo said i support him. He s not some big shot. He s just a Guy trying to make a decent living,." Nakos arrived in the United states in 1972 with $30 in his pocket. His version of the american dream came True Nakos and his wife had three children he be came a . Citizen and by 1980, he d saved enough to open his own restaurant
