European Stars and Stripes (Newspaper) - November 13, 1994, Darmstadt, Hesse                                Page 12 the stars and stripes Money matters j sunday november 13,1994 Dollar watch shown below Are the highest Dollar Exchange rates for the week of nov 7�? nov. 11 compared with Dollar rates for tha same period one year and five years ago. German Mark one Dollar would buy you a 185 1.49 166 i m military Chang rats a British Pound one Pound would Cost you 166 1.52 j09ij 1993 .59 1969 belgian franc one Dollar would buy you 38.93 31.29 3634 Ujj 1989 dutch Guilder one Dollar would buy you 2.09 1.66 1-85 1994 1993 l 1989 French franc. One Dollar would buy you a 6.28 5.24 592 1994 greek drachma one Dollar would buy you 234.37 236.39 a i 165.91 1994 i 1993 i 1989 i Buh by Bah a a italian lira one Dollar would buy you 1,564 1,650 1994 1,357 1993 Spanish peseta 1989 one Dollar would buy you 126.73 135.95 116.90 1994 1993 1989 turkish lira one Dollar would buy you 36,480 1994 13,2171993 j 2,313 1989 i win a wanes by Patricia Lamiell a business writer new York a stocks got the most ephemeral of lifts from a Republican Blowout in tuesdays election but investors quickly began ducking for cover from higher interest rates. By the end of the week investors had concluded that although having More business Friendly republicans in Congress and the statehouse might make them feel Good interest rates Are going higher anyway. And that is bad news for stocks. A a a a a. A a a indeed some analysts make the Case that the exit of important democrats from Congress will remove some political pressure on the Federal Reserve to hold Back on tightening credit. Fed members have been a afraid to tighten interest rates in such a Way that might slow the Economy for fear of provoking legislation that might impair their Independence asserted John Shaughnessy research director at advert inc. In Hartford Conn. A former fed governor Wayne Angell now Bear Stearns chief economist added a when you end 40 years of the democratic party a harassment of the fed that really is some  Angell said tuesdays political shift would not prompt the Fea to do something that solid economic data did not warrant. But he added a if in a assessing where the fed will be Between now and. February i would have to push the likelihood of a fed tightening up just a  a. / higher interest rates might hearted bondholders. They would like to see the fed wage a slash and Burn War against inflation the Bond markets worst enemy. American Exchange 3 new Volk a of the 10 most Active trading nationally Friday. Warn. Vale bomb Viacom vat chess it Cable Lejca n a Reyhn done j Echo Bay ,. Taxa Sion excl Ltd Spur colonial Dpi sales closing Price end net change american Stock Exchange issues. Volum 1,228,600 1.504,400 741.000 664.300 610,100 456,900 448.300 326,800 302,20048 288,700 Lett Chi. 38ft it 1ft unch 10ft a it 7 1ft 2 3/16 unch 11ft it 15/16 it 1ft unch 13/32-11/64 11ft it pc Dow Jones new York up a Dow Jones closing Range of averages on Friday / High Lew boat change 30 industrials 3330.06 3779.93 3301.47 off 20,52 20 transport 1487.40 1457,82 1472.26 off 11.18 75 utilities a 178.42 175.32 176.71 off 0.79 65 stocks 1279.34 1259.16 1268.35 off 7.55 new York Exchange new York apr sales 4 . Price end net change of Ore 15 most it the new Yorito Stock Exchange issues trading nationally Friday. Nam a volume Ini ch9, telex ads 7,819,900 53ft 2ft Etc up t 2,808,000 23 it Rwjr Nab 2,665,300 6ft unch Pepsico 2,431,400 33ft tuft Merck 2,329,600 36ft it sear Roeb 1,934,000 50ft -1ft a express a a a a 1,929.700 31ft it Hlll Monu. 1,914,100 61ft unch entry wired 1,824,100 14ft it ism 1,800,400 72ft h Walmart 1,723,600 23ft it newbry Letwak 1,643,300 32ft 1ft sep acc a 1,579,800 16ft it Mesa inc a 1,493,400 4ft it compact. 1,475,500 39ft it but higher rates Are not Well received in the Stock Market because they can lure investors away from equities and into higher yielding fixed income investments such As Bonds. A if these Bond rates go higher sooner or later people Are going to have to sell stocks and buy Bonds a said Dudley Eppel a Stock trader at Donaldson Lufkin amp Jenrette securities inflows into Stock funds began to taper off in August and they will continue to do so said Richard Hoey chief economist at Dreyfus corp. To guard against big losses  he is investing in safer Blue Chip issues As opposed to High fliers and is diversifying his portfolio. And he has Long had a conservatively Strong Cash position a strategy that Shaughnessy supports. A the preferred investment vehicle right now is Cash a Shaughnessy said although he is buying the stocks of some. Companies a that have very Strong and Well identifiable earnings a such As american Telephone amp Telegraph and Eastman Kodak. Gold stocks Are a Good buy too Shaughnessy said As rising inflation pushes Gold prices higher. And some issues including health care insurance and tobacco stocks could Benefit from the relaxed regulatory climate that republicans Are Likely to Foster said Alan Ackerman executive vice president at Reich amp co. In new York. On Friday the Dow Jones Industrial average fell 20.52 to 3,801.47, bringing its weekly loss to 6.05 Points. The nose composite Index fell 1.10 to 253.25, or .96 for the week. San Francisco a a tentative agreement was reached saturday in the strike against san Francisco a two major daily newspapers the mayors office said. The agreement could end the nearly two week old strike that left one person dead and several injured h was the first strike to hit the san Francisco chronicle and the san Francisco examiner in 26 years. Mayor Frank Jordan a office announced the agreement among the san Francisco newspaper Agency the chronicle the examiner and the conference of newspaper unions. Union members still must ratify the pact. A a ratification vote should take place Over the next few Days and everyone should be Back to work after that a said Jim Wunderman Jordan a chief of staff. The two papers published under a a amps news papa the umbrella group for eight separate unions representing 2,600 reporters salespeople printers and delivery Drivers who walked off the Job nov. 1 after More than a year of fruitless negotiations. A picket died last sunday night when he was electrocuted apparently trying to disconnect Power to one of the newspapers distribution plants. Other incidents include a guard being stabbed. A fall san franciscans myself included look Forward to seeing the chronicle and examiner Back on doorsteps and in the news Racks a Jordan said. Wunderman declined to give any details of the tentative agreement. San Francisco chronicle writer Herb Caen whose column is the longest running in the United states raises his fist while strikers chant in the City a Union Square on Friday