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Publication: European Stars and Stripes Saturday, September 2, 1995

You are currently viewing page 14 of: European Stars and Stripes Saturday, September 2, 1995

   European Stars and Stripes (Newspaper) - September 02, 1995, Darmstadt, Hesse                                Page 14 the stabs and stripes Money matters saturday september 2,1995 today rates following Are fixed rates at which Community banking and credit Union facilities will sell for. Cig i currencies to us. Personnel for personal use. British Pound. Unavailable dutch guilder.,. 1,60 German Mark. 1.43 Noto the rates above apply within the heist country figures Are expressed in dollars to the .British.pobnd, other currencies to the Dollar following Are Interbank fates that fluctuate and should be regarded As the approximate value of the . Dollar to foreign Curren cies " / a i / austrian Schilling. 10.3185 Bahrain Dinar. 0.3769 belgian franc i a 29.16 British . 1.5523 Canadian Dollar ,.�.,. 1.3431 danish Krone. 5.6953 dutch guilder.,. 1.6450 French franc4.8260 German Mark i. 1.4676 greek drachma. 236.07 italian lira i. 1,628 75 Kuwait Dinar 0.3200 norwegian Krone. 6.415t portuguese escudo. 152.48 saudi Royal i. 3.7506 Spanish peseta. 125.51 Swiss franc. 1.2035 turkish lira a 48,120.00note. Figures Are expressed in dollars to Tho British Pound other currencies to the Dollar. Gold quote $381.80 an ounce. Silver quote $5.30 an ounce. Sources merchants National Bank & Trust co. And the associated press new York Exchange hew York a fic.15 mos Active Thuis . A a Tyken Micro tech _ for Motorolo Aimar. A Lam Row. Brill myst -. At to corp Oryx Elig Tim Warner Motorola ism ". -.  Engelh dip Tel Meads sales 4   net change of new York Slock Exchange issues trading volume 4,276.800 4,013,300 2,840,300 2.816,900 2,694,100 2,677,900 2,528,200 2,463,100 2,321.100 2,276.400 2, j 88,700 2,165.600 2129,900 2.093,8002,078,400 last a Fig. 13tt -1 12 6.8vi 56 a 13w 42w 74h 103w 47h 21 if -4m 28m -1v4 american Exchange 7 new Yolk a the 10 most Active thursday. Name Viacom vat Lacomb Turners b Ensco turn Etc a Echo Bay Janell Usai coh.  Amdahl sales 4 . Pries and net change of american  Ock Exchange issues trading volume 9 512,700 2,111.500 1.606,300 1.564,500. 958,400 832.600 lilt Chol. 30 v it 18.- 1 30tt h 10w w 724.200311/16 i 587,800 2 1/18 469,300 8 a1/16 452.5qo 91/16 1/16 Dow Jones new York a Dow Jones closing Range of aver Ages Jour Day High Low close change 30 industrials "20 transport 15 utilities65 stocks 4634.511909.7t 203.661566.18 4582.38 4610.56 up 5.991874.22 1900.89 up 17.1s 202.35 ofl.721558.12 up 5.12201.691545.01 Unema As Washington a the nation unemployment rate edged Down to 5.6 percent in August As Many service Indus tries reported Strong Job growth and fac tory payrolls grew after three months of. Decline. " Friday labor department report which showed unexpected strength bolstered analysts belief that the Economy was returning to moderate growth after a Sharp slowdown in the april june Quarter. A. V the report whittled the chances that an interest rate cd from the Federal re serve would be needed later this month to ensure the Economy pulled out of the doldrums. However another report shows there no Boom in the offing. The government main forecasting gauge of economic activity the Commerce department Index of leading economic indicators fell 0.2 percent in july erasing an identical in crease the month  Index of leading economic indicators is aimed at predicting activity six to nine months Down the Road. Three straight moves in one direction arc considered a Good indicator of where the Economy is. Headed. I in Friday report the components that made negative contributions listed according to their effect were prices of raw materials new business or Ders for Plant arid equipment average workweek manufacturers unfilled or Ders for durable goods and More rapid business delivery times that signal de cd Hing demand making positive contributions to the Index were Stock prices building permit consumer Confidence Money Supply and initial weekly claims for state unemployment insurance. The unemployment rate was Down from a seasonally adjusted 5,7 percent injury and indeed has shown Little change since the Star of the year fluctuating be tween 5.4 percent and 5.8 percent. Meanwhile the department said non farm businesses added 249,000 jobs to their payrolls nearly 100,000 More than economists had predicted. That followed scant growth of 6,000 revised from 55,000 in july. \ economists expect Little change in the  rate in the near term and Are looking for steady but unspectacular economic growth into next year. Vio in a Swea los Angeles a on. The kind of steamy summer  sends most people racing for air conditioners and beaches Jose leaned Over a worn work table and painstakingly snipped Loose threads from a Black Corduroy jumper. This trimmer Job in a sweaty Corner of a Grimy downtown building paid the 16-year-old mexican immigrant $10 a Day to was work he shrugged. Then on thursday morning state inspectors raided twin fashions jammed sewing shop uncovering a slew of labor and wage violations. The factory was closed until the owner could obtain worker compensation insurance. No arrests were made. The owner of twin fashions Ypon to Woong was ordered to pay his 25 work ers at least minimum wage for All the hours they miss up to 10 Days Worth while he obtains insurance he also faces thousands of dollars in fines. Many of the employees Are from mexi co and some admitted that they Are in the United states illegally. Julio a mexican sewing machine oper Ator makes $200 a week for 60 hours of work a Little More than $3.30 an hour. Everywhere it the same he said. "exploitation/1 although it a Small business twin fashions stitches garments for a number of manufacturers including the major Cali fornia women Label Carol Anderson. Conditions at the shop were particularly appalling even for the notorious Gar ment Industry inspectors said. We usually Don t find that Many violations at the same time said King Cheung a an employee of min fashions a sewing shop that stitches for a major clothing maker is questioned by Deputy labor commissioner David Ortiz in los Angeles on thursday. Deputy labor commissioner Woong could end up paying hundreds or even thousands of dollars  worker compensation policy. Even if he reopened today with Jin insurance policy in hand Woong owes he government $36,750 and that he says could Force him to close for Good. Abel Mendoza a Deputy labor com missioner said the korean immigrant owes fines for employing a 16-year-old without a work permit not issuing itemized tax deduction receipts to the work ers not keeping accurate time cards for labourers and not having insurance. He also faces fines for paying far below the minimum wage. Kids found to work out Job choices with mom in mind Washington a kids have Clear and rational ideas about what they want to do when they grow up a re searcher says and these Days they Are More Likely to want to follow mom foot Steps than dad s., psychologist Ashton Trice has reached that conclusion after five years of asking 1,200 children a year that old familiar question what do you cant to do when you grow up the interviews have been conducted in kindergarten and grades two four and six in Washington d.c., Boston new or leans and in North Central Virginia. Trice now has gathered enough data to reach some tentative conclusions. He has Learned that about. 50 percent of children want to follow a Parent example. These Days now that  Many mothers work in diverse jobs kids Are More Likely to choose their mothers As models instead of their fathers. The chief reason is that children often Are More familiar with their mothers work Trice said. When a Snow emergency or a child care crisis forces a Parent to take a child to work the Mother most often does. Even if the father does he is Likely to turn the child Over to the care of a female colleague  the kid does t learn much about dad work. Trice has t been interviewing children Long enough to know How Many accurately predict their futures but a study in the 1920s of gifted children found that 50 percent of them wound up doing what they said at Ages 8, 9 or 10, they wanted to do. Some of Trice other conclusions boys still make sex stereotyped Job choices but girls Are far less Likely to do  these Days. Girls top choices Are Law yer teacher doctor veterinarian and nurse. Younger boys Are Likely to want to be firefighters or police officers older boys tend to want to be professional ath letes. Children Are surprisingly sensible in specifying a career. Even As second graders a lot of kids say they Don t want to be truck Drivers because they have to work such Long hours and Are away from their families  much Trice said. On the , he said in an area of Rural Virginia where truck driving was among the Best paying jobs the kids All wanted to be truck  by second Grade virtually even child has a career Choice. But by sixth Grade 12 percent Are no longer  sure. Boys Are More Likely to be Uncertain than girls  
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