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About The Battalion. (College Station, Tex.) 1893-current | View Entire Issue (Oct. 22, 1987)
|PM V Texas m m M • The Battalion e hoped the re ickly. his statement , m investorsthtr ,'ith this probla is essentially ile said, liller III, dimn lanagement ■(I that 10.5 iheld from 8.5 percent from ies, as each of the reductit®] '>ramm-RudiMii that could Justice Depat State Depart® loping a space I lie averted ti ;s and Reagan delicit-rei Thursday, October 22, 1987 Stock market regains half of record loss ks are temponn Id in escrow and emporaryadjt esearch to law itary readiness, tins could lose their budgets fee iegan Oct. tiis vear cuts if >m domestic pr le Pentagon, z broad categoraj ere exempted V om huge areas uding Social veterans aayroll. nm-Rudman of about $Ht ar that began step toward a '93. y despi /y trad ORK (AP)- ied I uesdav, Monday’s ten the rest of the I to flounder in ;ht session of me. ow Jones a topping its prt it gain of75.23 NEW YORK (AP) — Investors flocked back to the world’s stock markets Wednesday, shaking off a trillion-dollar panic and sending in dexes to record gains in New York, London and Tokyo. The Dow Jones industrial aver age, climbing halfway back from Monday’s historic 508-point col lapse, rose 186.84 points to 2,027.85. The index had risen a record 102.27 points Tuesday. The partial recovery in New York Tuesday contributed to record gains Wednesday in indexes on the Tokyo and London stock exchanges. The improved attitude carried over into trading in the United States. Analysts speculated that investors may have been pleased by world leaders’ responses to the market’s panic, which erased more than $500 billion from the value of U.S. stocks and more than $1 trillion from world stocks in 24 hours. The Dow industrials’ plunge Monday wiped out 22.6 percent of the index’s value — a bigger one-day decline than during the 1929 crash. West Germany took a small step this week to hold down its interest rates, and President Reagan and leaders of Congress recommitted themselves to whittling away the fed eral budget deficit. Reagan said Wednesday he has not eased his opposition to higher tax rates. Nevertheless, economists said there was no major news event to ac count for either the plunge or the partial recovery. Trading volume was 449.35 mil lion shares, higher than any day ex cept Monday and Tuesday, when the volume passed 600 million shares. The value of all U.S. stocks, which fell $503 billion Monday, gained $60 billion Tuesday and another $183 billion Wednesday, according to the Wilshire Associates 5,000 Equity In dex of stocks traded on the New York and American exchanges and over the counter. Market spirits were boosted by the Eederal Reserve’s commitment to in ject money into the financial system to avoid any crises and by the com mitments of nearly 100 corporations to repurchase their own stock an renews threat as ships pass ruined platforms A senior Iranian diplomat said the response to Monday s attack on the oil platforms would not necessarily be limited to the Persian Gulf re gion, where Iran and iiaq have been at war since September 1980. “Iran has several plans under con sideration and will soon act to make the United States pay for its actions,” Ali Ahani, the Loreign Ministry’s di rector for political affairs, told re porters in Bonn. West Germany. “The United States will regret this action.’ Ali Akbar Velayati, the Iranian foreign minister, sent a letter to the United Nations claiming the U.S. at tack violated the Security Council’s unanimous cease-fire resolution of July 20 and demanded a council protest. The convoy is expected to com plete the 550-mile trip out of the gulf Thursday. It is the 12th in the three months since U.S. warships began escorting Kuwaiti-owned tankers, registered in the United States and flying American flags, to protect them from Iranian attack. The convoys have logged more than 7,000 miles. Iran began regular attacks last year on ships owned by or serving Kuwait. The Iranians accuse Kuwait of receiving arms shipments for its neighbor Iraq and otherwise aiding Iran’s enemy. says number of near misses increased 50 percent in 9 months •It the Dmv wii rcnit i >i le. ‘-port 8 uinped nearly months of iation Adn ), however, to lented jOS-po: s session, or tht t drop it tool late August (■sigoiTi7TT77 l oader markeis'ffcn i robust. Decliniiiil rered advances the New York! t he number of ig commercial percent: daring year, according ration figures. i^ag .sement Wednesday, aviation saieiy experts on ot i lie increase on air I he chairman of the National Transpoi tat ion Saf ety Board said the sharp rise in near collisions shows that travelers were ex posed to an “increased risk” of~an aerial col lision during the past summer, but the head of the FAA called the statistical jump not in itself /ei y meaningful.” According to the FAA, the agency re ceived 857 near-collision reports from pi lots during the first nine months of the year, a 37 percent increase over last year The numbei of such reports involving planes carrying revenue-paying passengers increased even more sharply, from 258 last year to 383 this year, up 48 percent. During the busy summer months — June through August — there were 159 near-col- lision reports involving at least one com mercial plane, an increase of 50 percent over the summer of 1986. The sharpest in crease — 69 percent — came in August when there were nearly two such incidents reported a day, according to the FAA fig- Jim Burnett, chairman of the NI SB, said, “If you look at near midair collisions, they continued throughout the summer at very high levels. Somehow we’re going to have to get a handle on that.” But FAA Administrator Allan McArtor said that while the increase during the nine- month period, compared to the same months in 1986, is a matter of concern to his agency, he does not consider the figures in themselves “very meaningful” because actual collisions continue to be extremely •asured by Wilskin id ex of more tit he market gained i value TuestM e than $500 bill sts said there w'l ne of investor were easing, est rates fell slffl| markets, with' t in Treasury b learly ven colleges show increase number of students enrolled By Susan C. Akin Reporter I hi targe enrollnii ti increase at AefcM, the downturn in Texas tfultry and fluctuations in research Tpnwn at MKlH 11 !? a11 tu ' lve P la ved a part in the »ro[lment figures, foi better or each of A&M’s 1 1 col- . said, "We , ehension i-ii->ki rse l<M all the selling. ies. Of the. seven colleges that show ^Bim-m increases .iiF year, the Hege of Liberal Arts had the larg- i«A/!twii h i i 71 ik ('. -a orients, reflect s | IVM percent nu . ease and has \Ts tastest growing college juft nce 989 said l)i v Hai les Stoup jf |A| Qftoioi arademic business adminis ^ ^ for liberal arts. gHtr enrollment went up 18 2 e leaving Banyfc e)!t 1,1 1986 and 29.6 percent in 18-year-old salts'* 7 ’ Strap said “And our fresh- ■m'Paradise,d*£ ,ass . <:a,v«t r pc ent this h every father |«;® : uld sit with his c, . „ . . . , , at(Hip 1 1 editN tbr K'eai iih rease to nutes. fheyre r , ' p . . ,• . i nationwide trend toward tiadi- wan is Ko inal liberal arts disciplines. ... . f'Qtln a schools have increasing •ite bickering» ™ ar , s ams (00 he sai( f roomies, thelnj 1 eop le <( 1 1 .artmg to , eaib.e it’s OK d about 4,000 | o P 1:i A&M t H ,al Pfeic event -ars. L.S. oik tried ()Ul so sma |j * remain in\iet» But the libeiai aitsiollegc isii t the Toon said M ly one with bountilul enrollment icatton, hadbtf ns. *ther in the pot The College of Education’s enroll - 0 Chi MinhCif mtrose 1 l 8 percern this yeai, gtv Saigon whenii gthe college the itiotid place spot South VietnaWyJernn ot enrollment increases, f ell in April iW jDi |l)e,ii Corrigan, dean of ihe T life's been 'liege oi Fcnuaiion said reaching hard,’ Hunlt ]becprning ,, ,nor< : igni/abit ■eanuts on tin tifesBion, taising the popularity ot Tier if she was; 1 : college and the number of stu- and she never ntst?v376. as there toviC j‘Th|ngs die happening in educa- Bhe’s never plT n to improve the conditions of the •herchildren,' Corrigan said. “People are in- Student percentages in A&.M colleges 6.55 3.82 1 1 .45 13.1 1 9.15 23.89 ffl Agriculture E3 Architecture E3 Business E3 Education [Z3 Engineering 18.10 G e ne ra 1 St udi es S Geosciences §3 Liberal Arts ■ Medicine E3 Science □ Veterinary Med. libeiai aits. It’s a Yev VI because we rerested in quality teaching so sala ries are better now. Without good teachers we have almost nothing else. “Quality begets quality. Every time we raise our standards we get more students who want to enroll in our programs. Currently we produce more teachers than any other school in Texas. Another college having an abun dant student enrollment, up by 659 students this year, is the College of Business Administration with a 10.3 percent increase Dr. Samuel Gillespie, assistant dean in the business administration college, said his concerns grow as the enrollment in his college increases. “fiisr we’re concerned with being able to accommodate all those new students,” Gillespie said. “Then we’re concerned with the business college’s 3,000 student limit, which is currently at 2.868.” Gillespie explained that the busi- Graphic by Susan C. Akin ness administration college does not allow more than 3,000 students into its majors or upper division courses. Students who meet the University entrance requirements enter the col lege with a business administration classification, he said. When stu dents complete the college’s require ments they are allowed to apply to upper division, he said. “With all the freshmen who have entered the business college this year, it may not be possible to accom modate them all into the upper divi sion when they get there,” Gillespie said. “We’re happy with the student turnout, but I’m sure the students aren’t.” The Gollege of Science is also try ing to attract the best students to their programs and has succeeded in gaining 234 new students this year. Dr. Carlton Maxson, associate dean in the College of Science, said the college’s 10.1 percent increase in student enrollment can be attributed to its excellent programs, to $16.9 million in research funding and to new f acilities. “Our biology, chemistry, math and physics departments have all ex perienced great growth in the past few years,” Maxson said. “Physics has increased 65 percent since 1984. A lot of the growth is an increase in graduate student numbers. Grad uate students supplement the re search programs we have. “We also have state-of-the-art un dergraduate facilities. Students are working on the frontier of their re search, so they want to come to a university where they get that type of environment. Our new chemistry building and 2-year-old physics building house modern equipment so students can get hands-on experi ence in their field.” One of the places more students are going to find out about pro grams like the sciences is the College of General Studies, which had an en rollment increase of 5.8 percent, or 154 new students, this year. “Our enrollment increase reflects the general increase across campus,” said Scott Shafer, academic coun selor for the general studies college. “We encourage students to enroll in general studies, help them make a choice and encourage them to leave. “We are primarily a counseling service to help students explore dif ferent academic areasi- Students’ main opportunity here is being in a place where they will feel no pres sure from any one college and to have the choice to look at different areas of study ’ Another area of study that has seen a small increase of 3.2 percent, or 46 new students, is the College of Veterinary Medicine. See Enrollment, page 10 Firefighters say they have 'no confidence' in Bryan chiefs ability By Richard Williams Reporter All firefighters under the com mand of Bryan Fire Chief Claude Jenkins III have signed a peti tion, presented to Bryan city offi cials Monday, stating the fire fighters “have lost total and complete confidence in Chief Jenkins’ ability to be an effective administrator and Fire Chief.” The petition, addressed to City Manager Ernest Clark and Direc tor of Personnel Services Georgia Langston, futher states the peti tion “will serve as a vote of no confidence in regards to Fire Chief Claude Jenkins III.” At a press conference Wednes day night Nick Pappas and C. Warren Fowler, spokesmen for the Bryan firefighters, said the firefighters want to let the city of ficials handle the situation. “This is a very serious issue and the city of Bryan is taking it very seriously,” Fowler said. “We were assured by Mr. Clark there will be a complete and thorough investi gation of all allegiations.” Clark was out of town Wednes day and could not be reached for comment, and Marvin Norwood, the deputy city manager issued a “no comment” statement. Jenkins could- not be reached for comment on the petition. The firefighters are not put ting any pressure on the city to give them an answer, Pappas said. “It is very important that the city handle it, and we do have the trust in the city to handle it prop erly,” he said. The petition states the signers feel “the attitude and actions of the fire chief have jeopardized not only our safety, but more im portantly, the lives and property of the citizens of Bryan.” Pappas said the firefighters would continue to work and that it would be “business as normal.” He said the petition would have no effect on the firefighters’ abil ity to do their jobs. The firefighters say in the peti tion that the “fire chief has de stroyed our respect and confi dence in a number of ways.” Among the ways listed are: a lack of “departmentalwide com prehensive and viable training program ... in the areas of fire suppression, safety inspections and emergency medical services;” that “he has been unresponsive to suggestions for improvement that have been submitted in good faith;” that he has been “inconsis tent in his treatment of employ ees in regards to disciplinary mat ters” and that “he has acted in a manner wholly inconsistent with our prime objective of public safety.” The firefighters are writing up a list of exact events for the city, and the individuals involved will be available to sit down with a grievence committee to discuss the events, Pappas said. The petition states that “re gardless of the direction of change that would be placed upon him by his supervisors, we feel that no amount of time or other disciplinary action could re verse the amount of damage this man has caused.” When asked what action the firefighters wanted to take place Fowler said, “I believe that is pointed out pretty clearly in the grievance letter itself.”