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Publication: European Stars and Stripes Tuesday, September 12, 1995

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   European Stars and Stripes (Newspaper) - September 12, 1995, Darmstadt, Hesse                                Page 16 the sars and stripes Money matters tuesday september 12,1995 today s 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 .1.59 dutch Guilder. 1.60 German Mark. 1.43 note the rates above apply within the 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 Curren cies ". Austrian Schilling 10.3425 Bahrain Dinar. 0.3769 belgian franc 30.205british Pound 1.5525 Canadian Dollar 1.3415 danish Krone. 5.6869dutch Guilder. 1.6468 French franc 5.0515 German Mark 1.4686 greek drachma. 236.17 italian lira. 1,610.00 Kuwait Dinar. 0.3009 norwegian Krone. 6.4119 portuguese escudo. 152.29 saudi Riyal 3.7502 Spanish peseta 125.59 Swiss franc 1.2032 turkish lira. 48,380.00 note figures Are expressed in dollars to the British Pound other currencies to. The Dollar Gold quote $381.90 an ounce Silver quote s5.39 an ounce sources merchants National Bank & Trust go. And the associated press Gas prices at pump still dribbling Down from the associated press los Angeles the smallest drop yet in a steady three month decline in Gas prices has occurred Over the last two weeks with rates dropping about a half cent per gallon an analyst  average Price including All grades and taxes was 120.11 cents per gallon on Friday compared to the aug. 25 average of 120.73 cents a " drop of 0.62 cents Trilby Lundberg publisher of the twice monthly Lundberg Survey said sunday. Since june 9, prices have declined a total of 8.51 cents said Lundberg who polls 10,000 Gas stations nationwide. For the same period in 1994, prices jumped 7.64  demolishes once again the myth that prices Rise through the summer on through labor Day for the Peak driving season she said. However the end of the decline is in sight Lundberg said with some wholesale prices on the Rise along with retail prices mainly in the  average Price per gallon including taxes at self service pumps was 113.29 cents for unleaded regular 123.39 cents for mid Grade unleaded 131.64 cents for unleaded Premium and 113.41 cents for leaded regular. At full service pumps the average was 150.17 cents for unleaded regular 158.81 cents for mid Grade unleaded 166.02 cents for unleaded Premium and 150.35 cents for leaded regular. Coroners clean up new York City employees who work with corpses have made a killing in  top 10 overtime earners last year were investigators for the medical examiner the new York Post reported monday. Joseph Savino earned about $190,000 including More than si32,000 in overtime in the budget year that ended june 30. By comparison mayor Rudolph Giuliani is paid $130,000." Savino s brother Larry also an aide to the medical examiner came in second with $176,000. Are moving up new York a the beatles Are Back on top. Almost. A new documentary and the first of three new music releases including a song taped by John Lennon in 1974 that Paul Mccartney George Harrison and Ringo Starr added their voices to this year will bring the band an estimated .$130 million in Gross income for 1994 1995, Forbes Magazine said. Only director Steven Spielberg and talk show Host Oprah Winfrey surpassed the beatles in Forbes ninth annual rank ing of Best paid entertainers released sunday. The television Deal alone should bring Mccartney Harrison and Starr about $75 million on top of income from the first of three new music releases by the band the Magazine says in its sept. 25 Issue. Lennon was assassinated in 1980. The other three reunited last year to oversee their first new record in decades the beatles live at the bbl and again this year to Complete Lennon s song free As a Bird. ,.it s the beatles first time on Forbes top 40 highest paid entertainers list a Survey that combines entertainers two year estimated Gross earnings to get a More accurate assessment of Overall in come. For the second consecutive year Spiel Berg reigns As the highest paid entertainer. / / i the 47-year-old director who still is reeling in the dough from his Box office Mega hit Jurassic Park will make an Esti mated $285 million in 1994-95. But Spielberg s earnings May slow Down a bit in the upcoming years. He recently gave up a lucrative profit sharing Deal with Universal studios to form dream works ski a new Hollywood studio with partners David Geffen and Jeffrey Katzenberg Winfrey who in 1993 became the first woman to Ever top the list ranked a Dis Tant second behind Spielberg with a combined two year take of $146 million. A number of other other pop music relics who recently went Back on tour also made it into the top 10 on this year s list.-. Best Patrici entertainer Here s acting of the 40 High St paid Porrter Tarkir and their estimated Bros income for 1$d4-1�95i.steven Spielberg 2. Oprah Winfrey 3. Beatles 4. Boiling stones5. Eagles 6. David Copperfield 7. Pink Floyd 8. Michael Jackson 9. Barbra Streisand 10. Sylvester Stallone 11. Tom Hanks 12. Shi Cosby 1 3. Andrew Lloyd Webber ,14, Harrison Ford 15. Stephen King 16. Draft Elul dead17. Barney Richard and Sheryl Leach 18, Siegfried & Roy 19. Garth Brooks 20. Michael Crichton 21. Jim carrey22, Robert Zernecki v j a $285 million $140 million $130 million $121 million $95 million $81 Riff icon $70 million $67 nillion $63 million$5$ million $52 million $49 million $48 million $46 million $43 million $42 million $40 million $40 million $40 million $39 million. $39 million $37 million 23. Charles Schulz $36 million 24. Elton John \ $3$tniwon 25. Bruce Willis $35 million 26. Billy Joel / $33 million 27. Arnold Schwarzenegger $33 million 2$vclint Eastwood. $3&rniliori 29. Roseanne $32 million 30, Michael Douglas Jyh Ibon 31.boyzllmen $31 million 32.aerosmith,$3&h$lj6ri -33. David Letterman $29 million 34. John gris hand$2milljort 35. Tom Clancy $28 million 36. Jimmy Buffett $26 million 37. Robin Williams $25 million 38. Bong Xvi $25 million 39. Kevin Costner $24 million 40. Demi moore$2tmlllfor� source Forbes Magazine the rolling stones came in at no. 4, with a estimated income of $121 million while the eagles were fifth Ort the Lis with $95 million and Pink Floyd was seventh with $70 million. Barbra Streisand who last year Wenton tour for the first time in nearly three decades was no. 9, at $63 million. Filling out the top 10 no. 6 is the magician David Copper Field at $81 million. No. 8 is Michael Jackson whose new history album has sold about 7 million copies worldwide this year had 1994 1995 earnings of $67 million. No. 10 is the highest paid actor on the list Sylvester Stallone with Universal studies coughing up $60 million for three is Alice Verbene of his upcoming action flicks. He moved up from no. 15 last year with a combined 1994-1995 income of $58 million. Tom Hanks who won Back to Back Oscar awards in the last two years for his roles in Philadelphia and Forrest Gump was right behind Stallone in the no. 11 spot at $52 million. Other first time entries in this year s list include Wacky comic actor Jim Carrey no. 21, $39 million and sultry actress Demi Moore no. 40, $21 million and those falling from the ranks in clude actors Tom cruise and Eddie Murphy singers Whitney Houston Eric Clapton Rod Stewart and Billy Ray Cyrus and radio commentator Rush Limbaugh. Steady growth seen for  or -. "-. / Washington a after Post ing the slowest growth last Spring in 3vi years the nation s Economy is. Accelerating modestly and will continue to expand through 1996, Many top economic fore casters  consensus of 49 professional fore casters surveyed last month by the National association of business economists is that the Economy will expand by 2.9 percent this year and 2,4 percent in 1996."out of 49 respondents Only one anticipates that a recession will begin this year the association said in releasing its Survey results monday. Three More expect the next recession to begin some time in 1996." the business economists consensus mirrored that of a Survey of 52 forecast ers polled in Early september by Blue Chip economic indicators. The forecast published by the newsletter in Sedona ariz., also called for 2.9 percent growth this year and 2.4 percent in 1996. That forecast was unchanged from August. But the forecast published by the association is weaker than the 3.2 percent consensus in the group s previous Survey last May. The latest forecast for 1996 is a bit stronger than May s 2.2 percent. The business economists also expect that inflation will remain in Check. In fact the association said the risks have shifted to lower inflation not  the. Latest forecast Calls for the con Sumer Price Index to Rise 3 percent this year and 3.2 percent in 1996. The May consensus was for increases of 3.1 per cent this year and 3.5 percent next year. The Blue Chip Survey also predicts prices will Rise 3 percent this year and 3.2 percent next year Clown from 3.1 percent and 3.3 percent respectively in the a gust Survey. The consumer Price Index Rose 2.7 percent in 1994. Unemployment which averaged 6.1 percent last year will fall to 5.7 percent this year and Edge up to 5.9 percent in 1996, the business economists predicted. The Blue Chip Survey produced similar results 5.7 percent unemployment in 1995 and a 5.8 percent jobless rate in 1996. The business economists Survey was released at their annual meeting in san Francisco. Copies were made available in Washington. Economic growth slowed from a 5.1 percent annual rate in the final Quarter of 1994 to 2.7 percent in the first Quarter of 1995 and just 1.1 percent in the Sec Ond. The april june growth was the Wea Kest since the Economy expanded at a barely perceptible 0.1 percent rate in the final three months of 1991. The business economists forecasters predicted it will have been the weakest of the year. Contributing to economic growth this year will be business investments in new plants and equipment forecast to Rise 14.3 percent and consumer spending up 2,7 percent. But the forecasters expect other components to decline residential expenditures Down 3.5 percent government spending Down 0.2 percent inventories Down $17.5 billion and net exports Down $10 billion. The business economists see a differ ent growth composition next year. Growth in business fixed investment is projected to drop into single digits 5,6. Percent for the first time since 1992," the association said. Growth in con sumption 2.3 percent will again about match the performance of the Overall Economy. Modest gains rather than declines will be posted by residential investment 0.7 percent and by government Pur chases 0.4 percent while net exports Are expected to rebound strongly improving by $13  finally the forecasters think businesses will continue to trim their inventories through much of 1996, paring an additional $9 billion Worth of goods held on shelves and backlogs  
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