European Stars and Stripes (Newspaper) - January 11, 1995, Darmstadt, Hesse                                Page 16 the stars and stripes its i Money matters Ltd a a information age to pay off for Consumers Gore says wednesday january 11, 1995 it today a rates following arc fixed Rales at which Quot Community banking and credit Union facilities will sell foreign currencies to . Personnel for personal use. British Pound 1.60 dutch Guilder. 1.66 German mark1,50 nolo Tho fats above. Apply within the Host a a country figures Aro of pressed in dollars to who British Pound other Curron cios to Tho Dollar a following arc Interbank rates that fluctuate and should be regarded As the approximate value of the . Dollar to foreign currencies. A a a a a a a. Austrian Schilling. 10.8165 Bahrain Dinar 0.3768 belgian franc 31.66 British Pound. 1.561 Canadian Dollar. 1,4063 danish Krone 6.056 dutch Guilder 17243. French franc. 5.316 German Mark. 1.5373 greek drachma. 238.96 italian lira 1,623.30 Kuwait Dinar. 0.2991 norwegian Krone. 6.7274 portuguese escudo 158.66 saudi Royal 3.7508 Spanish peseta. 134.00 Swiss franc. 1.2b75 turkish lira. 39,750.00 v note figures Ore. Expressed in dollars to Tho. British Pound other Curron cios to Tho Dollar Gold quote $374.10 or ounce a t Silver quote $4.69 an ounce a / a sources merchants National Bank a it Ulco. A and the Assoc Atod press \ new York Exchange new York. Apr sales dosing piled and net things of Hie 15 most Active new York Stock each Anas. Issues. A trading nationally Art monday. Filma a a. To Tuff Uil Tho. Petine 10.115.400 25w 5h id men ads. I 9,142,000. 3cw h a Motorola s 3,216,200 58 i 64 Amo Quot v a a or 2.837,4 00 a a 28�?T/4 >1 Quot a a a a empty Sec. A. A 2,782,500 a. 1014 a . 2,732,400 36vi a stat corp. 2,709,300 4814 14 Chrysler. A 2,543.500 52w h a fun motor s. 2.485,400 a 28w a w a  a a 2.277.500 �2164 14  a a Quot Quot 2,2d 1,50 9 a "2514 pm Quot Nat cml. Quot .1,911,900. 19w  go motors Quot a 1,863,700 43 w. Yff soc ads Quot a a 1.737,100 to v4 its a a. A 1,713,000 a 75 h h. C american Exchange a new York a it a a sales closing Price and ret change of the 10 most Calivo american Stock Exchange issues trading nationally on monday. A a a Kim vlacam8 resort sent a chess it  a Trelc nip a Ujj  Tab in atop Echo Fiat Viacom Etc volume 1,300,700.1,054.500 779,400 693,500 530,400 507.700 455.700 441,0.00. 427,700 Lett chg. 43  1v� unch 14 4 Vuk a it. 4 44 t 9/18 f 1/101 17vj�?114 5 >4 a 14. 1.9v i. 914 14 410,000 4 1/1s it 6/16 z Dow Jones new York up a Bow Jones dosing Range at averages on monday Quot _ ,. A 1. High Low clot a hangs 30 industrials 3b69.28 3834.44 3861.35 off 6.06 .20 transports -1516.04-1485.30 1505.56 up 4.13 15 Uli Lilles. 184.75 182,77 a 183 63 off .52 65 stocks 1304.02 1263.71 1205.15. Off .50 Washington a the Clinton administration took a first step monday toward plugging a virtually disconnected american Public into efforts to Reform telecommunications Laws. Up to now the two year Battle to rewrite 60-Ycar-old Laws has largely focused on How Reform would affect multimillion Dollar telecommunications companies ability to get into new businesses. Consumers need to understand that Reform is necessary for them to receive the most benefits of the information age vice president Al Gore said a Competition in the information marketplace will provide americans lower prices for their Telephone Cable and information goods and services and give them More and better choices Quot he said in a speech to regulators and local gov can mint officials meeting in Washington. A Consumers want to ensure that they arc not disadvantaged by the change that does come to them a that they do not find the Cost of being in the game rising constantly with Little Benefit to justify it and no increase in the quality.1 ,. And the Competition will create jobs a 1.4 million Over the next 10 years according to while House estimates. J the message is not new admin istra Tion officials acknowledged it just Hasni to been sold to the Public. V i legislation proposed in the last Congress sought to allow telecommunications companies to provide a variety of futuristic services and devices. It would have let Telephone and Cable companies get into each others businesses and let regional phone companies provide Long distance service and manufacture telecommunications equipment. C under this scenario a person could buy local phone service from a Cable company Hob and other video services from a phone company and Long distance service from a regional Beil. The added Competition in each business would lower consumer prices supporters say. This year s legislation is expected to focus on opening these same businesses vice president at Gore left gestures while speaking at the Federal state local telecoms Summit Ori monday in Washington.  Ron Brown is at right. To Competition but disputes Are Likely to arise Over How this would be accomplished particularly in the Republican controlled Congress. Senate majority Leader Robert Dole of Kansas and sen. Bob Packwood r-orc., said at a Senate Commerce committee hearing monday that they favor removing barriers to All competitors at the same time. A a let a pick a starting Date a Jan. I 1996, or 1997 a. And say a gentlemen lets Start your engines. We re going to have a race and let the Best Man win Quot a Packwood said. _ the largest phone companies favor that approach. A the Best Way is for simultaneous entry at a Date certain and let the games begin Quot Bell Atlantic corp. Chairman Raymond Smith said in an interview monday. The administration argues that there should be a transition period. Otherwise Gore said monopolies such As the majority of local Telephone and Cable Compa Mes could use their Power to stifle competitors. / a. /. Republican leaders in both houses said passage of Reform is a priority this year. Sen. Larry arcs scr r-s.d., who chairs the Senate Commerce committee predicted that the Bill would be signed by july 4. Rep. Jack Fields a Texas who Heads the House telecommunications subcommittee predicted the House could have a Bill to vote on by easter. Compuserve cuts its prices again flights set from Chicago to Birmingham England London apr american airlines plans to increase its trans Atlantic service with flights from Chicago into Britain s no. 2 City Birmingham executives said monday. The Deal could represent a thawing of sorts in the frigid relations Between the . And British aviation industries and their regulators. The biggest . Carriers complain that they were put at an unfair disadvantage when British airways was allowed to form a close partnership with us air. By Jill Dutt. A a. Anew Day a. Compuserve on monday announced its third Price Cut in three years a sign of the stiffening Competition Ari Iong provid cars of online computer services a a they re in panic Mode. Everyone s in panic Mode Quot said Pauline ores editor of computer pictures a Trade Magazine a the landscape is changing and they be got to change with  Compuserve and other online services like Prodigy and America online charge customers both a monthly membership fee and an hourly rate. Bulas Access to the internet a which is essentially free to use a becomes easier the commercial services Are under pressure to lower their prices. -. A. A a the services also arc facing new com petition from companies like Microsoft which plans this summer to unveil a com Putur operating software that has its own online browser. Quot these Price cuts arc warning shots Quot said Allen Weiner principal analyst at data quest a research company based in san Jose Calif. A a they re telling Micro 1 soft a you can to go in and undercut every  Quot a i. A Weiner expects the online services to continue to Ower prices and eventually charge a Flat fee allowing computer users to choose an online service based on the its Content not the Price. In its latest announcement Compuserve Cut its connect time rates in half a effective feb. 5 a but its still the highest priced online service. It now charges $4.80 an hour on top of its $9.95 monthly membership fee. A Prodigy which Cut prices last october charges $9 95 a in Only for five free hours and $2.95 for each additional hour. America online has matched Prodigy a . ,. Each service is unique offering different collections of data bases and online tools. But the commercial services Are being seen More and More As on ramps to the broader internet said Donald to Daman publisher of act guide Magazine. Prodigy said it will Start next week providing full Access to the internet a world wide web at no . The web is a collection of electronic storefronts and reference materials. The other services also Are planning to offer such Access. Mexico s Economy continues to struggle Mexico City a the mexican Stock Market went into a tailspin tuesday interest rates soared and the peso weakened further thwarting government efforts to reassure International investors that Mexico a Economy remains sound. The Bolsa de Valores melted Down by Early afternoon with the exchanges main barometer the pc Index dropping 11.09 percent to 1,870.76 Points. The Rush to self shares came after a number of brokerage houses started advising clients to sell no matter what the loss. The plunge came a Day after the mexican Stock Market saw its worst single Day decline in More than five years. The Index fell 6.6 percent monday despite the announcement of a new government austerity program and moves by Mexico and the United states to Shore up the value of the battered peso. The peso which strengthened slightly monday also weakened tuesday. The currency was quoted at 5.70 to the Dollar