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Publication: European Stars and Stripes Monday, September 4, 1995

You are currently viewing page 14 of: European Stars and Stripes Monday, September 4, 1995

     European Stars and Stripes (Newspaper) - September 4, 1995, Darmstadt, Hesse                                Al today a rates following arc fixed rates at which Community banking and credit Union facilities will sell foreign currencies to . Personnel for personal use British Pound unavailable dutch Guilder .1 60. German Mark. 1.43 Noto the Ratos above apply within the Host country. Figuroa Aro expressed in dollars to the British Pound Othor Curre Clos 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. A a a a a. Austrian Schilling. 10.3185 Bahrain dinar�0.3769 belgian Frane a. 29,16. British Pound  1.5523 Canadian Dollar. 1.3431 danish Krone. 5.6953 dutch Guilder 1.6450 French franc 4.8260, German Mark. 1.4676 greek drachma. 236.07 italian lira. 1.628.75 Kuwait Dinar. 0.3200 norwegian Krone.6.4151 portuguese escudo. 152.48 saudi Riyal i. 3.7506 Spanish peseta. 125.51 Swiss franc. 1.2035 turkish lira. 48.120.00 Noto figures Aro expressed in dollars to Tho British Pound Othor Curry Nacios to the Dollar Gold quote $301.80 an ounce Silver quote $5.30 an ounce sources merchants National Bank amp Trust go. And Tho associated press confound logic they always do by new York times of cos service How Many people would head for the baking Sun of Las vegas in one of the hottest Summers of recent memory record numbers apparently a and that is Only one of the paradoxes that has roiled the american tourism Industry in the three months Between memorial Day and labor Day. / a americans fled to the beaches to escape the heat a and then fled from the beaches to escape hurricanes and fire. They flocked to Las vegas a but not to Mammoth Cave in Kentucky where the temperature is an autumnal 54 degrees year round. Travel was Flat to Europe where the Dollar is weak a and to Mexico where the Dollar is almighty. And in a country where endorsements by run of the Mill celebrities can pump up sales for everything from jeans to pickup trucks americans paid scant heed to rave reviews of tourist destinations by the country a most powerful politicians president Clinton and House speaker Newt Gingrich. But for All the surprising turns in the travel Industry this tropical summer americans exhibited the same Cool logic they have always shown on their vacations they wanted to have As much fun for As Little Money As possible. For example Orlando fla., Home of Disney world a had a terrific summer a a said Bill Peeper executive director of the Orlando convention and visitors Bureau a hotel occupancy was almost 80. Percent through june and even higher in july and August a even so he added a Many hoteliers said they had to lower their rates because visitors insisted on shopping for the Best  a. A a a a a a by the same Token air traffic in most months this year grew at about 5 percent from the corresponding periods a year earlier according to the air transport association. A but As air fares went up to keep up with our costs traffic went Down a said Chris Chiames a spokesman for the association. Boardings fell 3 per cent in july from the same 1994 month Earl Gumz of Parma Ohio for one was determined to get the most bang for his Buck. He said he and his wife Ethel chose the Cedar Point amusement Park in Sandusky Ohio on the shores of Lake Eric for a weeks vacation in june and a four Day return visit last week in part because of its affordability. A prices at the Park arc reasonable a said Gumz a 77-year-old retired factory inspector. A and we love to go on All the rides especially the magnum and rap a tor.�?�. A. A a the magnum xl-200, one of the worlds fastest and steepest roller coasters with a 205-foot-tall first Hill a takes you up into the Clouds a Gumz rhapsody sized while the Raptor an inverted roller coaster a flips you All Over the  americans primary purpose of course Wasny to to save Money but to enjoy themselves a and for Many that meant finding Relief from this Summers stultifying heat a whether at the Beach or in an air conditioned Casino. The american automobile association estimates that this summer will end up As the most travelled Ever capped by the record 29.6 million motorists who were expected to journey 100 Miles or More from Home Over the labor Day weekend. The aaa estimates that the total number of vacation trips this summer will have risen 1.7 percent to 230 million from 226.1 million last year. A your surveys show that cities Are the most popular summer destination followed by town or Rural areas then the Beach a said Jerry Cheske a spokesman for the  suggests earnings soar As wages fall Washington apr business profits have soared in the 1990s largely because the wages of american workers have been kept stagnant according to a report released saturday by a think tank affiliated with labor groups. A increased profitability in the 1990s is not the result of greater investment or an acceleration of productive to Quot said the economic policy Institute. A business prof its have been fuelled by stagnant or falling wages a the Institute study said that after tax profits last year were the highest in 25 years greater than at the end of earlier postwar recoveries. Hourly compensation would have been. 4 percent higher for All workers last year had profit rates in the1990s averaged what they did in the period from 1952 to 1979, the report said. _ the study said that in the last six years , when adjusted for inflation has remained the same or declined for All but the top 20 percent of male wage canc is and the top 30 percent of women in the work Force. Sung won Sohn chief economist with Norwest corp. In Minneapolis a Bank holding company said the Ruvo Lution in computer and information technology has contributed to rising profits and productivity eliminating Blue Collar jobs in the United states and sending them overseas. A but the economic policy Institute said its study shows other factors at work including a trend begun in the Early 1980s that allows corporations to keep More of their profits after taxes a a. Hot seat a r no a a player reacts to the action in a computer game Dur saturday. Almost 760 firms from 30 countries dising the International electronics exhibition in Berlin on played their new products at the 40th annual  delay delivery of newspapers in Detroit Sterling Heights Mich. Apr the management of Detroit a strike bound newspapers got. Delivery trucks out of a suburban printing Plant on sunday morning after a protest managed to Stop delivery for More than 12 hours. A this has to be considered a Complete Victory a said a1 Derey chairman of the metropolitan Council of newspaper unions. A we need to take this Victory and move on and next week come Back on the High  it was unclear How Well management would be Able to deliver the papers to readers sunday after the late Start. But the company that publishes the Detroit free press and the Detroit news expressed optimism. Detroit newspapers spokeswoman Teresa libido said that More than a million copies were printed. A we expect to continue to deliver All Day As Long As it takes to get the papers out a she said. A Home delivery has first  about 50 delivery trucks left the Gate a of Detroit newspapers Sterling Heights Plant about 8 30 . As about 15 police officers were  to let them pass. About 50 strikers and their supporters shouted a a scabs and other angry slogans \ a As the trucks left the Plant. The strikers enjoyed a major Succes saturday night when about 1,200 people blocked entrances to the Plant prevent ing delivery of sundays combined edition of the Detroit news and Detroit fre1 press. But the dwindling nun Feiy a of picket cleared the Way for the trucks to Leav later in the morning  
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