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Publication: European Stars and Stripes Friday, November 11, 1994

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   European Stars and Stripes (Newspaper) - November 11, 1994, Darmstadt, Hesse                                Page 18 the stripes Money matters Friday november 11,1994 of a today s rates following Are fixed rates a which Community banking and credit Union facilities will sell for eign currencies to . Personnel for personal use British Pound t.65dutch Fullder. 1.67 Gerry ten a Nark 1.49 not the rates above App Wawn the hos country. Figure Are expressed in Dollar to the British Pound other currencies to the Dollar following Are Interbank rates that fluctuate and should be re girded As the approximate value of e . Dollar to foreign Curren cies 1 austrian Schilling. 10.7475bahrain Dinar. 0.377 Boician franc. 3144british Pound. 1.607 Canadian Dollar. 1.3577daman Krone 9.90 dutch Guilder. 1.7149 French franc. 8.2495german Mark. 1 9273 greek drachma. 234.68italian lira. I,5oq50 Kuwait Dinar. 0.2982 norwegian Krone. 6.6761 Portu guava Acudo. 155.79sauqi Nai. 3.7007 Spanish peseta. 127.20 Salaa franc. .1.2803turklah lira. 35,800.00 note figures Art expressed in dollars to the British Pound other currencies to the Dollar Gold quote $384.40 an ounce Silver quote $5. 15 an ounce sources merchants National Bank 4 Trust  the associated press new York Exchange new York a sates 4 . Partei ind net citing Atifa is most in Flat new York Slot Exchange Luyun to Dong nationally wednesday. Vol tit last ch.5,825.100 19 1v4 4.97moo 36h 114,210.700 55h -11 4,126,200 24v a 3,515,700 38k v3,328,300 42h 1h 3,186,200 18 -1h. 3,148,700 28h. H3,062,700 18 h 2,936,000 39h h2,691,300 30h -2h 2,610,200 6 /4 v2,601,700 1i� unch 2,601,400 31h 2v4 name .  Gen motor Disney into Gamt  Compaq prom tacos bar Nab pfc Blasic Newbon Cowk ism 2,580,700 74 american Exchange lest cake. 1h-v19 new York a sates closing pries and nit Changsoo the 10 most Active american Stock Exchange issues trading nationally wednesday. Name  4,189,300 Lacomb 1.670,700xclltd 1,611,900 Viacom Etc 520,600atari 488,100 Echo Bay 453.900cabtetelcmn 442,700 Viacom we 440,400amftmrtjt 388.300 Amdahl 375.700 vh38h in i h 4h v11h h 5 a it a 4h h10 unch Dow Jones new York a Dow Jones closing Range of aver Ages on wednesday his a Cotese 30 industrials 3662.69 3798.44 m31.75 1506.50 1479.02 1487.17 off 4.65 180.93 175.85 177.43 off 1.98 1296.65 1268.76 1276.65 off 2.94 20 transport 15 utilities 65 Stock forms getting fewer but production grows Washington a America has fewer than 2 million farms the lowest count since Millard Fillmore succeeded Zachary Taylor As president in 1850. The census Bureau reported wednes Day that the number of farms has fallen to 1,925,300. The Peak year was 1935,when there were 6.8 million. While the number of farms is Down the just released report from the 1992 census of agriculture said that More efficient methods boosted output to $163 billion. And farms Are getting bigger. Between 1987 and 1992, average farm size in creased from 462 acres to 491 acres. Wholesale prices plunge for second Washington a inflation at the wholesale level pushed lower by fall ing Energy food and car prices plunged 0.5 percent in october Matching a Simi Lar Sharp drop recorded in september. The labor department s report on the producer Price Index caught analysts by Surprise because Many had expected a modest increase of around 0.2 percent following september s 0.5 percent de Cline. However the biggest drop in new car prices in More than seven years helped produce the october decline. It marked the first time since june and july of 1991 that wholesale prices had posted Back to Back monthly declines. Thursday s report was certain to pro vide ammunition for critics of the Feder Al Reserve who have argued that the fed s five interest rate increases this year have been unjustified because there is no evidence of inflationary pressures in the Economy the White House termed the figures Good  press Secretary Dee Dee Myers said i think the word is inflation is muted " something we be been saying. And growth remains  but Many private analysts maintained that thursday s report would not shake the fed s inflation fighting resolve. They said they still looked for a rate increase when Central Bank policy makers meet tuesday. -. ". Robert Dederick chief economist at Northern Trust co in Chicago said thursday s report lessened the chances that the fed would make a huge increase Row of a full percentage Point in interest rates. But he said he was still looking fora one half percentage Point increase. A really bold move by the fed would be surprising now even though the markets have been calling for it because of the weakness in the Dollar Dederick. In the Wake of the report Treasury Bond prices which Are highly sensitive to signs of inflation soared in Early trading. The 30v4-year Issue was up $6.25 per $1,000 in face value at mid morning while the yield a Benchmark for Long term in Terest rates including mortgages fell to 8.05 percent from 8.11 percent late wednesday. Stocks and the Dollar were posting modest gains. Hwi a  so step i nifty gift ideas a for those who have everything conies this bomb disposal suit by the Miami based protective materials co., displayed wednesday at the International Security exposition i Bogot Colombia. Also available for Sale to private buyers were bulletproof vests razor wire stun guns and guard dogs. America Onne buys 2 firms in bid to boost internet Access new York a America online inc. Bought two software companies wednesday to improve the Access it pro Vides to the internet the global computer and communications network. In Stock transactions Worth about $35million, the company purchased Book link technologies inc. And Nav soft inc. Boo Klink produces inter networks program for using the computer network and finding resources on it that will go on Sale next week. The program has a graph ical appearance to make it simpler to  addition boo Klink will provide an in ternet Only service to customers the first time America online has been affiliate with a system other than its Core service. Nav soft makes software that Compa Nies and individuals can use to produce their text or audio video Content in a electronic form for distribution through the internet. C we re really trying to strengthen our position for providing an internet Solu Tion for Consumers As Well As producers of information said  Mcgraw spokeswoman for America online. Providing full and simple Access to the internet has become Airin important Goa for the biggest commercial on line serv ices America online Compuserve and Prodigy As More and More people learn about the huge Quantity of information and contacts possible on it. Each service has More than 1 million subscribers. This year All three services have in creased their ties to the internet to go beyond electronic mail. The big leap the Yare pushing toward is simple use of a por Tion of the internet known As the world wide web which allows graphical presentations that can be flipped through with the Click of a mouse Button. Washington a six months after implementing a 7 percent Cut in Cable television rates the Federal communications commission is taking Steps that could erode the savings that millions of subscribers expect to receive. Federal regulators Are considering whether to allow a Rise in regulated Cable rates to encourage system owners to put on More channels. Supporters say the plan would give subscribers More for their Money and expand their viewing choices. Since rate regulation took effect Las year systems have added few channels to their lineups saying regulations discouraged them from doing  acc s plan would let the nation s11,000 local Cable systems charge sub scribers More when they add channels to regulated Levels of service. An estimated 59 million households subscribe to Cable television. Regulators Are still working put How much systems could charge. Under one option they would be allowed to charge up to$1.50 a month a or a total of $18 a year Over a two or three year period said pc officials and Cable Industry executives speaking on condition of anonymity. In return subscribers could get at Leas six new channels. That s a Good Deal said a Cable Industry executive who spoke on condition of anonymity. You re getting 10 percent More in channels for less than a 10 per cent increase in  acc officials were Quick to Point out that neither the size of the Cap nor the time period had been decided. It is in flux one official said. The plan which would take effect jan.1, does not include rate adjustments for inflation. For months Federal regulators have been trying to figure out How to encourage systems to expand program lineups while not undermining rate regulations which Are designed to save consumer Money. In May the acc implemented the Sec Ond of two rate cuts after determining that the first set of rate regulations did Twork As intended. The first rate Cut implemented in september 1993, was 10percent. A acc Survey estimated that subscribers saved on average $2.18 a month be tween August 1993 and july 1994 pm charges for Cable programs and equip ment  
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