European Stars and Stripes (Newspaper) - December 9, 1994, Darmstadt, Hesse                                Page 18 the stars and stripes Money matters Friday december 9,1994 today a 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. 1.60 dutch Guilder. 1.72 German Mark. 1,54 nolo Tho ratio above apply within Tia 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 currencies a. A austrian Schilling .11.055 Bahrain Dinar. 0.37675 belgian franc 32.285 British Pound 1.5665 Canadian Dollar 1.3823 danish Krone 6.152 dutch Guilder 1.7588 French franc 5.392 German Mark 1.5711 greek drachma 242.20 italian lira 1,622.60 Kuwait Dinar. 0.2994 norwegian Krone 6.847 portuguese escudo. 160.65 saudi Ulyat 3.7506 Spanish peseta 131.60 Swiss franc 1.3285 turkish lira. 36,660.00 note figures Are expressed in dollars to the British Pound other currencies to the Dollar Gold quote $376.45 an ounce Silver quote $4.64 an ounce a sources merchants National Bank amp Trust co. And Tho associated press new York Exchange new York a sales the 15 most Active new York wednesday name a a Quot Vod alone s re Nab Merrl Llynch. Compaq s a cont corp Walmart att  Gen Motorj a a Barrick team cads is Vega Hanson ads for motor s ult or s 4 . Price end net change of Slock Exchange issues,.trading volume 8.191.200 6.021,900 3.901.200 2.927.500 2.821.300 2.818.300 2.808.300 2,736,100 2,513,400 2,354,700 2.240.300 2.180.300 2,100,840 1.957.500 3,70 1,953,71 lest chg.  30w a 44 a 544�?1/16 35 -1w 4 of -1v4 Taw 4% 22h h 47m -1 3744 unch 3044 4v 2144 44 5244 h 2644 44 1844 44 26v� h 4344 -244 c american Exchange j a new York apr sales closing Price and net change of the 10 most Active. American Slock Exchange issues trading nationally wednesday a. A Nirott. Voi Umu Ini chg. Dec Hobby a a a 1,100,300 1044 44 Royal Oak a a. 948,000 344 44 Viacom vat801,600 1 7/10 h spor. A 531,90045 5/16 21/04 Viacom. 530,500 3944 w chess to _ 505,600 13 44 Texas sold477,000 a 1044 �?144  458,600 344 \ 44 Pegasus id 402,400 1144 unch Janell a it a 331,800 444 -3/16 l Dow Jones j new York Dpi a Dow Jones closing Range of averages on wednesday High. Low close change 30 industrials 3758.07 3700.87 3735.52 off 10.43 20 transp Sorl 1431.97 1407.76 1415.67 of 14.91 15 Fitl Pitlos 180,93 176,82 180.46 off 0.27 65 stocks. 1253.48 1234.36 1244.48 off 6,19 fed c h i of stil i Tro u b i e d by threat from inflation by the Washington Post Washington a Federal Resene chairman Alan Greenspan said wednesday that there is still no evidence that Strong . Economic growth is slowing and warned that higher inflation May be on the Way. A a. A a the impressive performance of the american Economy continues a with several million new jobs added this year and consumer Price inflation running below 3 percent Greenspan told the congressional joint economic committee. But he noted that under the pressure of rapidly rising demand prices of raw materials and some Industrial commodities Are increasing. He expressed concern that manufacturers a May soon attempt to pass on their higher costs a triggering a new wave of inflation. Greenspan sidestepped repeated questions about whether the fed would raise Short Temi rates again a it already has done so six times this year a and when the Central Bank might act. The fed has boosted rates in an Effort to slow the Economy and thereby curb inflation. The fed chairman seemed to be signalling that further rate increases May lie ahead when he said a we have been especially concerned about the possibility that in the current circumstances inflation expectations could be particularly prone to adjust upward if actual inflation were to pick up. Fed while Greenspan was speaking the d released its latest a beige Book con Taining the results of its latest nationwide Survey of economic conditions. The Survey found that Quot economic activity is continuing to expand at about the same Pace As in recent months a the fed reported. A retail sales in most districts have improved with nearly All districts reporting Strong sales Early in the Holiday  a manufacturing activity is increasing further in most districts especially in durable goods industries and the service sector is continuing to show strength. Prices of raw and intermediate materials continue to Advance with reports of some increases being passed through to final product prices. Labor markets in most districts have tightened further and More districts re re porting increasing wages in selected occupations a the summary said. Washington of a enrolments Are up sharply and premiums Down slightly for the nations health maintenance organizations where 50 million americans now get care at preset prices an hmm Trade group said wednesday. The group health association of haves is. Have not the floating Casino heritage background is docked near ramshackle boats on the River tonic sap in phenom penh Cambodia on thursday. The government is going through the selection process for a three year License to operate the gaming ship which the tourism minister Calls a an unbeatable Opportunity a however the development of the Shoreline puts the thatched roof houseboats in jeopardy. A acc delves station into at Fox Kmart to Chance it open Manhattan store new York of a Kmart corp. Has become the first nationwide discount Chain to plan a store for Manhattan an area previously considered too expensive and too unproductive by Many big National store owners. The nations second largest retailer on thursday signed lease in an office building near the Busy Herald Square shopping area that also includes Macy a Abraham amp Straus and hundreds of specially stores. Kmart recently opened a store in the new York City Borough of Queens Miles away from Manhattan. But like Many other retailers it has taken its time before deciding to move into Manhattan. Washington a Fox inc. Has been asked to Supply Federal regulators with More information on the ownership of stations that made up the foundation of the emerging network. The heightened investigation by the Federal communications commission comes one week after rival Abc asked the Agency either to enforce foreign ownership rules of Fox or to make it easier for All companies to obtain financing from investors abroad. The pc cd a mass Media Bureau said it Hasni to reached any conclusions according to a copy of the interim order obtained by the associated press. The order was approved wednesday. The main Issue before the acc is whether foxes acquisition of six television stations that made up the foundation of its network violated Federal foreign ownership limits which prevent a foreign company or individual from owning More than 25 percent of a broadcast station. The acc approved the acquisition of those stations in Washington new York los Angeles Chicago Dallas and Houston in 1985, in launching the second phase of its investigation the acc took the unusual step of saying it will Seal All contents of the probe from the Public until it is completed. A we intend to comply fully and promptly with the commissions request a said Preston Padden president of distribution for Fox broadcasting co. A we Are confident that the additional material will confirm our earlier submissions and will reinforce the conclusion that our ownership Structure is in Complete compliance a with the limits. The National association for the advancement of coloured people in november 1993 was the first group to ask the acc to look into foxes ownership asserting that the six stations violate foreign ownership limits. Y. In a a. America predicted that 6 million More americans will join mos in 1995, lured in part by an expected 1.2 percent decline in premiums. _. The average hmm will charge $1,740 for an individual policy and $4,704 for family coverage in 1995. That works out to $145 and $392 a month respectively. Mos charge a rate that does not vary regardless of How sick or Well a person is. They have Ridden the Crest of an employer driven wave of managed care that seeks High Quality care while curbing costs by cutting Back pm unnecessary procedures. Enrolment in mos has surged from 9 million in 1982 to 26 million in 1986 to 45.2 million through 1993 to an estimated 50.5 million now. Average hmm premiums Rose 10.6 percent in 1992, 8.1 percent in 1993 and 5.6 percent in 1994 before the projected 1.2 percent dip for 1995. Karen Ignagni the associations president said americans Are drawn by the hmm a philosophy of  other surveys have found that most people in mos use them by Choice having opted against their employers costlier fee for service coverage she noted. A wide variety of mos is available. Two thirds Are operated by for profit companies. Some Are sponsored by Blue Cross Blue shield plans. Some like giant Kaiser Permanente have their own full time staff of doctors and own their own facilities. Others contract with individual physicians and hospitals. The private health care Market has shifted sharply away from untrammelled fee for service Medicine where patients could go to any specialist and count on their insurance to pick up 80 percent or More of the Bill. A in Congress however there were also signs of a backlash against managed care As the american medical association and other specially organizations lobbied strenuously for new. Restrictions on managed care companies including mos