European Stars and Stripes (Newspaper) - September 13, 1995, Darmstadt, Hesse                                Wednesday september 13, 1995 Money matters the stars and stripes Page 15 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. .1.59 dutch Guilder 1.61 German Mark. 1.44 note the rates above apply within the Host country. Figures Are expressed in dollars to the British Pound other currencies to the Dollar a 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 10.38 Bahrain Dinar. 0.3769 belgian franc.,30.335 British Pound. 1.5529 Canadian Dollar. 1.3445 danish Krone i. 5.7070 dutch Guilder 1.6544 French franc. 5.0995 German Mark 1.4761 greek drachma 237.90 italian Ira. 1,610.00 Kuwait Dinar.0.3009 norwegian Krone .6.4408 portuguese escudo. 153.23 saudi Riyal 3.7504 Spanish peseta 126.22 Swiss franc. 1.2079 turkish lira .48,520.00 note figures Are expressed in dollars to the British Pound other currencies to the Dollar a a Gold quote $302.90 an ounce Silver quote $5.51 an ounce sources merchants National Bank amp Trust  the associated press new York Exchange. New York a sales of the 15 most Active new trading rationally on monday. Closing Price and not change York Stock Exchange issues Nam a volume Lett chg. Ism. A a a a 6.619,500. 96% -2% Micron Ochs. A a 6,081,200 94% 4% a genl at. A a 4,165.300 34% -3% std lilal., a a 3,810,000 18 -2% a Edison Bro a. 3,589,300 �?T4% 1 coition Glinc  3,541.300 29% % Pfizer s a. 3,404,300 47 unch Walmart a a. A 3,371,500 25% % Utah Hicaro. A 2,245.900 a 45% %. Etc corp. Quot a 2.226,700 19%. %. Got Rabasa ,. 1,998,700 a 8% unch Motorola. .1,934,900 79% % Caidor a 1,930,400 �?T5% -1% Len Carbide. 1,927,400. 40% % Merck. A a a a 1.902.600 52 a so. E american Exchange 3 new York apr sales the 10 most Active american nationally on monday.-1 Nam a a Waco. A. Ivan up. Floya Oak g Echo Bay Pegasus id. A Amdahl a Viacom we Viacom we. Uro health. Forest lab so 4 . Price and net change of Stock Exchange issues trading volume last 2,257,500 52% 1,940.600 27% 922,400 4 1718 754,700 11 685,100 14% 652,900 9 9/16 a 567,000 6 1/16. 502,700. 8% 428.300 a 4 392.300 47 chg. A % 1% -1/16 unch % % -3/16 % a 1% Dow Jones 3 new York apr Dow Jones closing Range of averages on monday a a a High Low close change 30 industrials 4744.04 4672.54 4704.94 4 22. 20 trans Pons a 1995.75 1949.37 1961.20 -23.88 15 utilities 204.26 202.41 203.53 0.48 65 stocks 1610.39 1582.81 1593.05 -5.37 Volkswagen unions reach Compromise Berlin apr Volkswagen and its Union on tuesday reached an. Agreement that guarantees the almost 100,000 jobs in Vwg a Western German plants in return for labor concessions on overtime and saturday work. Pay will go up 4 percent in january 1996 and workers will receive an extra $136 monthly from August through december this year negotiators announced after an All night bargaining session in Hannover. The Deal will end weeks of warning strikes by the in Metal metalworkers Union that Volkswagen said had Cost the company $170 million in lost sales . Trade deficit Marks worst showing in history Washington a the . Trade deficit shot up to $43.62 billion in the april june Quarter the worst performance in history. Athe Commerce department reported tuesday that the deficit in the nations current account climbed 11.8 percent from a first Quarter deficit of $39.03 billion. It was the.  on record Topping the old Mark of. $43,28 billion set in the final three months of last year. The current account is the broadest measure of americans trading performance measuring Trade in merchandise services investment flows and a category that includes americans foreign Aid payments. 1 through the first six months of this year the current account deficit is running at an annual rate of $165.24 billion Well above last years deficit of $151.25 billion. The bad news on the current account confirms the trend that has been apparent. In. The governments monthly Trade statistics which measure Trade in merchandise and services but not the other categories. A a a a a. A americans worsening Trade performance this year has come As something of a Surprise to economists who believed. That the slowing . Economy would Cut into demand for foreign goods. Some analysts blamed the problem on the fact that the value of the Dollar weakened considerably during the first half of the year. A a a a  a weaker Dollar normally acts to narrow the Trade deficit Over time by. Making . Goods cheaper and thus More competitive on overseas markets the immediate Impact often is to Widen the deficit As foreign goods go up in Price More quickly than demand for the products declines. A athe soaring Trade deficit presents a political problem for the Clinton administration which has made economics a key priority of its. Foreign policy. President Clinton has insisted that the. Countis must compete not Retreat globally Ami to this end he has pushed for Trade liberalization through number of big Trade agreements including a. Free Trade pact with. Mexico and. Canad and a 121-nation global Trade  a a administration critics contend that this policy has Bacn a failure and . Workers Are losing out o a Hood of imports from cheaper wage countries. For the second Quarter the deficit in merchandise climbed to a record $-19.01 billion s4.s4 billion above the first Quai Ter figure. The surplus in services was up slightly to $15.67 billion $62 million More than the first Quarter. In the other categories the United states had a deficit on investment income of $2.87 billion and a $7.38 billion deficit in unilateral transfers which includes foreign Aid. Neiman Marcus gift on a new plane Dallas apr this years featured Christmas gift offered by the Swanky Nei Man Marcus department store Chain is so big a select group of neimans often Blase shoppers burst into applause monday at its unveiling. \. The Dallas based retailer is taking bids starting at $100,000 to paint a name in foot High letters on the nose of a new United airlines Boeing 777.  bidder also will get a years Worth of unlimited first class travel for two. Any amount paid Over $100,000 will be donated to the Amer cares disaster Relief organization and is tax deductible the company said. While the annual Christmas Book party is always carefully orchestrated the company took the hype up a notch this year rolling open the doors of a Dallas love Field hangar to reveal the massive 777 to about 300 Champagne sipping guests. A i love it. Its damned exciting Isnit it a said Jim Chandler of Dallas. A we decided to stay for this because we be heard so much about it a said Lynn Lescher of los Angeles who along with her husband Steve extended a business trip a a a. Besides the plane Many said they found the most unusual gift to be a 7-foot-Square upright chess set made of mahogany and Lucite priced at $11,140, including playing pieces. Also on display was a loaded powder Blue Bow z3 roadster a replica of the car in an upcoming James Bond movie a 1 a minus the guided missiles a the store said. At $35,000, the roadster was considered a Good value by some in attendance. A a Brady a a Santa White demonstrates a Neiman Marcus offering for Christmas a vertical chess set that costs $11,140. A a we re seriously going to take a look at that a said Candy Smith who came to the party with her Mother Martha. The most expensive gift in the Catalon Hung heavy around the neck of a Model in a full length velvet evening gown a $900,000 yellow Diamond necklace with 185.5 total carats. Chicago based United is also auctioning space on 10.of its planes to frequent fliers who can use their mileage credits to bid for. The  to have their name or someone a they choose in the sky for a year. ,. A United approached the company eight or nine months ago about the name the plane Gilt. The airline succeeded in bumping $3,000 ghanaian coffins which already had been chosen for the his and her gift. A a Quot it was too Good a spokeswoman Carolyn Cobb said. 3 . Investors want Rockefeller Center new York a the japanese company that controls Rockefeller Center abandoned its stake tuesday under a Deal that would Transfer title of the famed office Complex to a High profile american investment troika. If successful the Deal would end the centers four month Odyssey in bankruptcy court and Mark the most striking Retreat by a major japanese company from an american investment. It also would spell the end of any ownership role by the Rockefeller family a dynasty of american capitalism that made the 12-building Midtown Manhattan landmark an icon of Power and prestige. Poised to take Over is a group led by investor Samuel Zell who has built a Fortune by acquiring distressed real estate general electric co. And its National broadcasting co. Subsidiary and the Walt Disney co. Rockefeller group inc., controlled by Mitsubishi estate co., announced a plan to surrender the Art Deco property to Rockefeller Center properties inc., the Trust that holds its $1.3 billion mortgage a a it a a Little bit surprising that its come to this that they re willing to walk away without slogging it a Little further through the bankruptcy a said Wayne Teetsel an analyst at . Securities  Rockefeller Center properties inc. Said tuesday that it signed an agreement with the group led by Zell. The Zell group would invest. $250 million in the property. The new venture would seek bankruptcy court approval to take title