European Stars and Stripes (Newspaper) - January 10, 1995, Darmstadt, Hesse Page 14 the stars and stripes Money matters. Tuesday january 10, 1995 today a rates following Are fixed rates at which Community banking and credit Union facilities will sell foreign currencies to . Personnel for personal use British Pound tti.,. 1 59 dutch Guilder. 1.70 German mark1.52 a. Noto Tjio rates above apply within the Host country. Figures Aro of pressed in dollars to Pound other currencies 10 to Dollar a. A a following arc Interbank rates that fluctuate and should be regarded As the approximate value of the . Dollar to foreign Curren cies a a a v. By. A a austrian Schilling. 10.9775 Bahrain Dinar 0.37675 Bot ten franc 9h���i�.ii�ii�32�t40 British Pound 1.5535 Canadian Dollar 1.4045 danish Krona. Q�1350 dutch Guilder 1.7506. French franc 5.3845 a German Mark 1.5597 greek drachma. 242.40 italian lira 1,630.25 Kuwait Dinar 0.2998 norwegian Krone 6.8055 portuguese escudo 180.37 saudi Royal 3.751 Spanish peseta 133.64 Swiss franc �1.3090 turkish lira. 39,700.00 note figures Ara express of in dollars to tha British Pound other currencies to the Dollar. Gold quote s372.45 an ounce. Silvor quote $4.63 an ounce. Sources merchants National Bank amp Trust co. A a and Tho associated press will gain by Paul Lewis new York times after a year of unexpected weakness the . Dollar is set to appreciate modestly against other major currencies this year Many Bankers and economists say. The rally will be helped by the expectation of a narrowing . Trade deficit and pledges by the republicans controlling Congress to Start slaughtering sacred budget cows they said. But in an age of global capital flows where the Bias is still against the Dollar the american currency is not set to regain the strength it showed in the mid-1980s, when it reached 277.65 japanese yen and 3.4525 German Marks to the Dot a or even the modestly bullish values at the beginning of the 1990s, when the Dollar reached 159.90 yen and 1.8350 Marks. A the Dollar remains structurally weak a said Robert Hormats of Goldman Sachs International pointing to americans history of Trade deficits which keep dollars pouring out of the country As imports of foreign goods exceed exports of american products. American investors Are also discovering the allure of markets abroad and Are Selling dollars to buy foreign currencies stocks and Bonds. At the end of last week on new York markets the Dollar was at 101.37 yen to the Dollar up from 99.58 at the end of 1994 and its highest new York close since August. Against the Mark the Dollar was at 1.5650, up from 1.5495 at the end of last year. On monday the Dollar was quoted in Tokyo at 101.15 yen up 0.02 yen from its level late Friday. And at military banking facilities in Europe today a rate was set at 1.52 Marks to the Dollar up 1 pfennig from monday a Rise in the Dollar would have varying effects. For the Federal Reserve it could reduce inflationary pressures As foreign goods become less expensive and Macri can producers hold Back some Price increases of their own to remain competitive. Trips abroad would be less expensive for american the other hand american exports would be a Little mole expensive a and a Little less competitive a abroad. But because the Dollar is rising from record Low Levels in some cases the Impact should not be that severe. The widespread expectation now is that Federal Reserve continues to raise Short term Imprest rates in 1995, foreign investors should find the Dollar More attractive in addition imports will slow and exports pick up As the european and japanese recoveries gather steam. This will reduce americans current account deficit a the balance of its Trade and investment Inbe flows with the rest of the world a and strengthen the \ a eventually additional fed tightening moves moderating inflation concerns improving Trade performance and a new decline in Long tem . Bond yields should provide the . Currency with a modest lift is. European currencies and the yen a said Solomon Brothers chief economist John lip it by. Gasoline prices decline slightly los Angeles apr prices at Gas pumps fell slightly during the holidays but Are Likely to creep Back up in the coming weeks an Industry analyst said sunday. The average Price for All grades of Gas including taxes was 119.56 cents a gallon according to the Jan. 6 Lundberg Survey of 10,000 stations across the country. That was a drop of 0.4q cent from dec. 16. Motorists in some parts of the country already have seen pump prices Rise a Little As supplies of new cleaner burning gasoline move into the marketplace Trilby Lundberg said. A the Overall National average has dropped probably for the last time a said Lundberg publisher of the Lundberg Survey. Quot if crude Oil prices remain steady retail prices will Likely Edge up a bit in the next few weeks the average Price at self serve pumps was 112.68 cents for regular unleaded 123.29 cents for mid Grade unleaded 131,75 for Premium unleaded and 118.58 cents for regular leaded. Full service prices were 147,57 cents for regular unleaded 156.29 cents for mid Grade 163.61 cents for Premium unleaded and 130.82 cents for regular leaded. Hot wheels Consumers at the greater los Angeles Auto show previewed on saturday at the los Angeles convention Center in downtown hundreds of 1995 automobiles including this sleek Mitsubishi los clears Over latest electronic gadgets \. By Evan Ramstad t Al business writer Quot Las vegas a worried about car thieves foil them with a silent alarm that fills the Interior with. Blinding White Clouds of smoke. Want to see what you a look like standing next to Bogart and Bergman at the Casablanca Airport some new computer software can do it. Tired of the darn tangled phone Cord there a a new kind that neatly coils have brought 41,000 gizmos to the Winter consumer electronics show. Its Tough to find one with the breakthrough potential that the compact a disc player had 12 years ago but thousands of innovations will entertain you or simply embellish life a mundane chores. Sharp is touting a microwave oven with a memory that suggests cooking times. Motorola is pitching a pager shaped like a pen. Seiko Timex and Swatch Are Selling watches that can hold paging messages and other data. In the Corner of the Las vegas convention Center where Telephone products were displayed Roger Amundson let people test the $10 Cor minder which keeps the phone Cord wound up like a measuring tape a especially on the desk your Cord is always laying there if you be got a 6-foot or a 12-foot Cord its annoying Quot said Amundson whose company Tel products of Hector minn., distributes the Cord. . Technology source corp. Of Irvine Calif is displaying its smoke defense machine which fills a car with steam like smoke if it is tampered with or broken into. A we came up with a system that places a Barrier Between the thief and the car Quot said Ammar Bura Yez the company a chief Engineer. A it visually obstructs someone from seeing anything in the vehicle. Its impossible to drive a the smoke is harmless and odourless. It also leaves no residue and dissipates once the owner disengages the system. . Technology source Only recently shipped it to stores. So Bura Yez said the company has gotten no reports of it preventing a theft. V a new company called play inc. Has created a Small $200 device called Snappy that attaches to a personal computer to grab and manipulate images from tvs and other video sources. A you can put yourself into the scene just like they did in Forest Gump Quot said Mark Randall vice president of marketing for play which is based in Rancho Cordova Calif. Snappy reaches stores this month some pcs already can freeze and store images from tvs or camcorders. But plays accessory improves that capability. By stood electronics inc. Of North Vancouver British Columbia has created a $120 device that allows people to command lights and other household appliances from the Telephone Keypad. The product was named one of the shows top innovations. I
