In a message dated 1/4/99 4:42:44 AM, [EMAIL PROTECTED] wrote: > (Notes on the euro from the Federal Reserve Bank of New York: > > The introduction of the new European currency, the euro, on > January 1, 1999 will result in two changes to the posting of > certified rates by the Federal Reserve Bank of New York: > > 1) Effective January 4, 1999, the FRBNY will commence posting a > dollar-euro exchange rate; 2) After a brief courtesy period > concluding January 15, 1999, the FRBNY will cease posting dollar > rates against the currencies of the eleven countries participating > in monetary union (i.e. the Austrian schilling, Belgium franc, > Finnish markka, French franc, German mark, Irish punt, Italian > lira, Luxembourg franc, Dutch guilder, Portuguese escudo, and > Spanish peseta)).
THE DAILY BRIEF from INTELLIGENT NETWORK CONCEPTS, INC. MONDAY, JANUARY 4, 1999 Today's sponsor: DEBTINTOWEALTH.COM ____________________________________________________________________ This New Year's Resolution really will Change Your Life! You can pay off ALL of your consumer debt in 1-3yrs. Burn your 30 yr mortgage 3-4yrs later. Then retire in 5-10yrs living off your investment income. All you need is resolve and The Debt-FREE & Prosperous Living(tm) Basic Course. You ALREADY make enough money! Over 250,000 Americans & Canadians have changed their lives. Get the details to change yours today by autoresponder: mailto:[EMAIL PROTECTED] ____________________________________________________________________ NATIONAL * Reports say at least 20 deaths have been linked to severe winter storms that hit the mid-west and eastern regions of the U.S. this weekend. - the Chicago area received up to 22 inches of snow. * President Clinton has proposed a $1,000 tax credit for families who care for elderly and disables relatives. * Reports say Elizabeth Dole, former cabinet member and wife of presidential candidate Bob Dole, will resign her position as head of the American Red Cross today. - other reports say Dole is considering seeking the Republican presidential nomination in 2000. * NASA launched the Mars Polar Lander probe yesterday. - the unmanned probe is expected to take 11 months to reach Mars. * The White House Saturday proposed a $12 billion increase in funding for the Defense Department. INTERNATIONAL * Officials in Pakistan say unidentified gunmen killed at least 14 Shi'ite Muslims this morning in the village of Karam Dad Qureshi, Pakistan. - the attack took place at a Muslim mosque. * Reports say Indonesian police have begun a search this morning for the leaders of a riot Saturday during which several hundred protesters took part in the burning of a police station east of Jakarta. * Israeli officials say two Israeli women were shot and wounded this morning in the West Bank town of Hebron by Palestinian gunmen. * U.S. State Department officials say the U.S. embassy in Tel Aviv was re-opened this morning after being closed last week due to security threats. BUSINESS * Market review from Thursday: DJIA: 9181.43 -93.21 Transport: 3149.31 +19.47 Utilities: 312.30 +1.38 Advance & Declines: 2310 778 NYSE Volume: 754.86 Mil NASDAQ: 2192.69 +25.74 S&P 500: 1229.23 -2.70 Value Line: 437.15 +8.73 30 Yr Tsy Yld: 50.84 -0.02 * The new unified European currency, the euro, debuts on foreign exchange markets today. * Bell Atlantic Corp. and the wireless company AirTouch have confirmed that they are engaged in merger talks. * World currency vs. US$ (December 31): * Australia Dollar 0.6123 Austria Schilling 11.7200 Belgium Franc 34.3600 Brazil Real 1.2085 Canada Dollar 1.5375 China, P.R. Yuan 8.2789 Denmark Krone 6.3625 * European Curr Unit ECU 1.1739 Finland Markka 5.0645 France Franc 5.5870 Germany Mark 1.6670 Greece Drachma 279.9000 Hong Kong Dollar 7.7476 India Rupee 42.5200 * Ireland Pound 1.4905 Italy Lira 1654.0000 Japan Yen 113.0800 Malaysia Ringgit 3.8000 Mexico Peso 9.9010 Netherlands Guilder 1.8770 * New Zealand Dollar 0.5270 Norway Krone 7.5800 Portugal Escudo 170.6500 Singapore Dollar 1.6510 South Africa Rand 5.8950 South Korea Won 1206.0000 Spain Peseta 142.1500 Sri Lanka Rupee 68.4600 Sweden Krona 8.1030 Switzerland Franc 1.3735 Taiwan N.T. Dollar 32.2700 Thailand Baht 36.5000 * United Kingdom Pound 1.6628 Venezuela Bolivar 565.0000 * Value in U.S. Dollars (Notes on the euro from the Federal Reserve Bank of New York: The introduction of the new European currency, the euro, on January 1, 1999 will result in two changes to the posting of certified rates by the Federal Reserve Bank of New York: 1) Effective January 4, 1999, the FRBNY will commence posting a dollar-euro exchange rate; 2) After a brief courtesy period concluding January 15, 1999, the FRBNY will cease posting dollar rates against the currencies of the eleven countries participating in monetary union (i.e. the Austrian schilling, Belgium franc, Finnish markka, French franc, German mark, Irish punt, Italian lira, Luxembourg franc, Dutch guilder, Portuguese escudo, and Spanish peseta)). ENTERTAINMENT * "Out of Sight," starring George Clooney and Jennifer Lopez, was named the best picture of 1998 yesterday by the National Society of Film Critics. * This weekend at the movies: - #1: "Patch Adams" - #2: "Stepmom" - #3: "You've Got Mail" - #4: "The Prince of Egypt" * A revival of the musical "Annie Get Your Gun" is scheduled to open Thursday at the Kennedy Center in Washington, DC. - the play stars actress Bernadette Peters. * Respondents to a poll by Britain's BBC have chosen William Shakespeare as the nation's Man of the Millennium. SPORTS * NFL: CBS Sports reports that former coach George Seifert has accepted a new coaching position with the Carolina Panthers. * NHL: Philadelphia Flyers' center Eric Lindros is expected to return to play Thursday after missing two games due to a concussion. * Boxing: Reports say former heavyweight boxer Jerry Quarry died Sunday at the age of 53. SPORTS SCORES * National Football League Green Bay (27) vs. San Francisco (30) New England (10) vs. Jacksonville (25) * National Hockey League Flyers (3) vs. Oilers (3) Red Wings (3) vs. Blackhawks (1) ____________________________________________________________________ This service is a product of Intelligent Network Concepts, Inc. [EMAIL PROTECTED] http://www.incinc.net 576 Maxfield Road, Keswick, VA, 22947 To subscribe: mailto:[EMAIL PROTECTED] To unsubscribe: mailto:[EMAIL PROTECTED] To make comments or suggestions: mailto:[EMAIL PROTECTED] For information on advertising: mailto:[EMAIL PROTECTED] Unsubscribe or access your membership settings at: http://gs4.revnet.com/GMG/ctrlpanel/0/55 Intelligent Network Concepts provides the Daily Brief to subscribers without warranty of any kind and accepts no responsibility for its accuracy or for any consequences of its use. (c) 1998 Intelligent Network Concepts, Inc. 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