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Publication: European Stars and Stripes Monday, November 14, 1994

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   European Stars and Stripes (Newspaper) - November 14, 1994, Darmstadt, Hesse                                Page 18 the stars and stripes Money matters monday november 14,1994 today s rates following Are fixed rates at which Community banking an credit Union facilities will sell for eign currencies to . Personnel for personal use British Pound 1.65dutch guilder1.67 German Mark. 1.49 note the rates above apply within the hos country. Figures Are expressed in dollars to the British Pound other currencies to the Dollar following Are Interbank rate that fluctuate and should be regarded As the approximate value of the . Dollar to foreign Curren cies -. Austrian Schilling. 10.749 Bahrain Dinar. 0.377 belgian franc 31.44british Pound. 1.6023 Canadian Dollar. 1.358 danish Krone. 5.9665 dutch Guilder 1.7136french franc 5.251 German Mark. 1.5285 greek drachma. 235.31italian lira. 1,566.60 Kuwait Dinar. 0.29825norwegian Krone. 6.6915 portuguese escudo. 155.73saudi rial 3.7505 Spanish peseta. 127.05swiss franc 1.2794 Turk Lih lira. 36,503.00 note figures Are expressed in Dollar to the British Pound other currencies to the Dollar Gold quote $385.25 an ounce Silver quote $5.17 an ounce. Sources merchants National Bank & Trust co. And the associated press by flew new York a us air has Al Lowed jets to leave Gates without enough fuel at least nine times and once used Ajet for 13 Days despite a dangerous crack on its Wing Flap the new York times re ported sunday. Despite recent assurances from Usa Irand Federal officials a two month review of the nation s sixth largest airline showed numerous safety and training problems the times said. In one example cited by the times the pilots of a flight from Washington d.c., to Boston did t Check to see if the plane had enough fuel. When they were Force to land at la Guardia Airport in new York they lied and radioed the control Tower that they had to land because of engine trouble. After they landed the Captain acknowledged that there had been no engine trouble the times said. Eight other us air flights have left the Gate without the federally required women report says by nowadays new York corporate boar members welcomed More women into their ranks Over the last year but women Stilt hold Only 6.9 percent of seats on corporate boards of directors across the United states according to a new study. Of the 11,790 directorships in Ameri Ca s 1,000 leading companies Only 814 were occupied by women As of March 31. Still that was an increase Over 1993,when 721 women representing 6.2 percent of the 11,715 directorships that year sat on the powerful policy Mak ing bodies of american corporations. The figures were released by catalyst anew York research group which examined the boards of Fortune 500 companies. The most significant finding is that Progress continues and appears to be accelerating said Sheila Wellington president of catalyst. On the other hand the fact that women occupy 6.9 percent of the total directorships of the top 1,000 companies indicates that we have a Way to  membership on boards provides an Opportunity to influence the direction of corporate life in America. It also confers prestige and Money. In most companies where women Siton the Board they remain a distinct minority the report shows. A typical boar has about a dozen members Wellington said. But Only one company Newyork City based teachers insurance & annuity association College retirement equities fund had As Many As five women Board members. Robert Hart general counsel of Man Hattan based Allegheny corp., whose nine member Bora is All male said there were no women so far because there were scant openings. It s a Small Board and there s not much turnover he said. Leslie Smith associate director of the new York based National association for female executives said the study s numbers demonstrate that a Glass Ceil ing barring women from the top Levels of corporate life does exist. Amount of fuel since the airline eliminated two preflight refuelling checks 16 months ago records showed. One of the planes returned to the Airport and an other reached its destination. It was unclear what happened on the other flights. The newspaper s report was based on interviews with airline employees and safety officials and thousands of pages of court files and safety reports Many obtained through the Freedom of information act. The investigation followed the sept. 8crash of a us air Boeing 737 near Pitts Burgh International Airport that killed all132 aboard. In july a us air Jet crashed in Charlotte n.c., in a thunderstorm killing 37 of 57 people aboard. Us air executives told the times that it accidents Are not connected and that there is no reason to draw negative conclusion about safety. They also denied that Finan Cial troubles had had any Impact on safety. When it comes to safety we Are Well within the mean Range and better than some Seth e. Schofield us air s chair Man and chief executive told the newspaper. The reality is that if i thought the air line was unsafe i would ground every  v. The times report also found us air violated Federal regulations by permitting a plane to Fly for 13 Days with out repairs to a dented and cracked Wing Flap "  another Case a plane was allowed to Fly for a Day without w operating sys tem to warn for stalls. After telling the Captain it could t be fixed immediately a Mechanic falsified a report to state it was fixed so the flight would t be can celeb. The Mechanic was suspended for Lodas. /. ,. Us air loses More than $2 million Aday and is More than $2 billion in debt causing some employees to feel pressure to keep planes flying. Escargot car a Snail shaped vehicle with a Driver s seat that keeps rotating conceived by the automaker s engineers the was one of j600 entries in Toyota s annual idea olympics is designed to give the Driver so is saturday at the company s Headquarters in Toyota City Japan Loop roller coaster. Vehicle coca cold seeks fruitful results in new flavors by Cox news Servic Atlanta in an announcement that seemed designed to put the newly heightened Competition on notice coca cola co. Said thursday that it will add three new fruit opia flavors in Early 1995 and is spending $150 million to bolster production capacity for its Boncarbo rated drinks. The moves have been in the works for months. But last week Quaker Oats co., which makes Market Leader gatorade said it would pay $1.7 billion to buy Snapple beverage co., whose 52-product line leads the fruit drink category and is no. 2 in ready to drink teas. You make declarations like this for a reason. It s one thing to invest you Don t have to Tell the world about it Industry consultant Tom Pirko said. For Quaker which will be the third largest soft drink company and the Leader in the fast growing no carbonated mar Ket it throws things up several notches Pirko added. It makes it imperative for Quaker to not Only get it to Gether but get it together  coca cola won t disclose what it plans to spend on fruit opia its sports drink Power de or its nested line in 1995, but the Industry expects a big push. Coca cola spokesman Rob Baskin said that the hew fruit opia flavors Are Tan Gerine and two less Sweet flavors with about one third fewer calories Apple Raspberry and tropical. The new flavors lightness will be touted in ads and on the bottles. Consumers have told coca cola that calories Are not an Issue with respect to fruit opia but what they do want is a lighter taste Baskin said. This is the consumer s product and the consumer i driving these   
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