European Stars and Stripes (Newspaper) - November 06, 1994, Darmstadt, Hesse                                Page 12 the stars and stripes Money matters sunday november 6,1994 shown below Are the highest Dollar Exchange rates for the week of oct 31 nov. 4 compared with Dollar rates for the same period one year and five years ago. German mark1 one Dollar would buy you 1.48 1.66 1994 i 1993 i i Mem Tammi ill Leary Exchange rate 1989 British Pound one Pound would Cost you 1.68 152 1.58 1994 1993 i belgian franc 1989 one Dollar would buy you 38.85 31.11 36 63 i 1994 1993 i 1989 i dutch Guilder one Dollar would buy you 2.08 1.70 1.85 1994 i 1993 i 1989 French franc one Dollar would buy you 5.18 5.93 1 i 1993 i 1989 i greek drachma one Dollar would buy you 232.65 236.33 165.41 1993 italian lira one Dollar would buy you 1,533 1,645 1,357 Spanish peseta one Dollar would buy you ,126.15 135.75 " turkish lira one Dollar would buy you 36,000 1994 13,099 1993 2,305 1989 . Urr Empl Falls but markets fear inflation by the los Angeles times Washington unemployment edged Down one tenth of a percentage Point to 5.8 percent the lowest level in tour years the . Labor department reported Friday. Employment continued to grow at a solid if unspectacular Pace last month adding 194,000 jobs. But Friday s employment reports which included news of rising wages Trig gered deep fears of renewed inflation in financial markets. The Dow Jones Indus trial average slumped 38.36 Points to 3,807.52, bringing its loss for the week to 123.14 Points the biggest weekly decline in More than two months. Yields on the 30-year Treasury Bond a key indicator of inflationary sentiment climbed to 8.1.5 Percenti up from 8.10 percent reaching the highest level in More than three years. There were Broad gains in retailing employment including jobs at Auto Deal ers furniture stores and general Mer Chandise stores according to Catherine g. Abraham commissioner of labor statistics. / v. / there also appears to have been j5ome moderation of Job declines in de sense related industries particularly air Craft and instruments she said. Defense related jobs were disappear ing at the rate of 8,000 a month this year throughout the United states but the losses slowed to 3,000 in october. Air Craft and parts jobs dropping at the rate of 5,000 a month declined Only 1,000 last month. " v " president Clinton campaigning in Minnesota for democratic senatorial candidate Ann Wynia bragged about the nation s falling unemployment rate say ing it demonstrated that his administration has delivered what the american people have Long  the country is enjoying Asaid. Terrific recovery Clinton there were 124.2 million americans at work during october and unemployment totalled 7.6 million according to the household Survey the companion Survey of payrolls put last month s Job growth at 194,000, considered a healthy gain but Down from the average monthly increase of 275,000 this year."--. The recovery is continuing and is right about what we should be hoping for said Dean Baker an economist with the economic policy Institute a Liberal think tank. Labor Force growth is accelerating As More. Americans sensing improved opportunities Are seeking work. Just As bad times discourage people and cause them to drop out of the work Force a robust Economy draws More prospective work ers. Experts doubt gop election wins will boost stocks Over Long term. " -.-af. By Patricia Lamie Lap business writer new York a Good showing by republicans in tuesday s elections would give a Brief lift to stocks but Don t look for any Long lasting positive effects some analysts warned. A real massive Republican Victory would help right out of the Gate said Don Hays director of investment strategy at wheat first Butcher Singer inc. In Richmond a. But i think three months later it to teen t matter. It s a two week phenomenon at  like much of the nation Wall Streeter Are discouraged with government in Gener Al. They Don t think it will make much Dif Ference to the financial markets whether republicans can wrest control of Congress from the democrats. I Don t believe that control of either the House of representatives or the Senate will shift or change said Hugh Johnson chief Market strategist at first Albany corp. But even if it does change it Means essentially More of the same. The Grid lock. That existed before the election will exist after the  Bruce Thompson director of govern ment relations at Merrill Lynch & co. In Washington d.c., is More optimistic. He believes the republicans have of Ood shot at taking control of at least the Enate. If that happens Thompson said within the next year i think Congress is going to seriously consider and possibly pass a capital Gams tax Cut some kind of enhanced budget rescission authority along lines of line item veto even balanced budget amendments for ratification by the states he said. Is the. Market taking this into account right now i m not sure i think it should american Exchange new York apol the 10 most Active Day. Nam Viacom vat  by  Viacom it.  Echo Bay a Borsand sales closing Price and net  Exchange issues Fri volume lad Chi. 2.141,500 1% a 1,118,700 37v4 a 666,100 8 to it .657,300 23vi a 493,200 21/16-t-3/16 433,800 43/16 i 424,400 15/16 416,900 18 14 378,900 12368,300 7tt it Dow Jones new York a now Jones closing rings of aver Ages on Friday nigh Low Clou China 30 industrials 3879.5220 transport is utilities 65 stocks to 3879.5 3802.81 3b07.s2 off 38.36 1525.36 1495.55 1497.88 off 20.73 177.76 178.16 off 1.97 1275.84 1277.72 ow14.55 181.121301.27 new York Exchange new York a sales 4 . Price ind net change of bit 15 most Active new York Stock Exchange issues trading nationally Friday. Volume 4,304.700 7 4,209,600 a 3,004.700 2,702.000 2,666.800 2.535.000 2,353.800. 2.028,900 _ 1.963,500 1.958,200 .1,945,300 1,927.800 1.849.400 Naim  Walmart Compaq 8 ten neck ism limited  Olney Dupont Shawmut Ontl a express. Ult cart i  Leit 56 39h 23v 38v442% cd. Xvi it a papers a san Francisco a striking employees of the City s two largest news papers put out their own paper Friday the free press. Reporters and layout editors worked on computers propped on folding tables while other strikers rushed around discussing future editions and picket line assignments. They can take my Job away but they re not going to take my voice away said Cynthia Robins who wrote a column for the strike paper called can Speaks. It s a variation of can City the column she usually writes for the san Francisco examiner. The examiner and the san Francisco chronicle were available thursday on the computer service internet after 2,600 employees in eight unions went on strike tuesday night. The strikers paper also was available in cyberspace thursday. About 100,000 copies of the free press were printed. A second edition was t expected until this week but the unions hoped to put their paper out daily if the strike drags on. The 12-Page free press included three full Page advertisements news sport Sand entertainment. The employees walked off the Job in a dispute Over pay and layoffs of teamster delivery Drivers and youth carriers. Management threatened thursday to fire strikers and replace them if they did not return to work by nov. 9. Contract talks resumed Friday with a Federal mediator