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About The Battalion. (College Station, Tex.) 1893-current | View Entire Issue (July 27, 1978)
he nation THE BATTALION Page 5 e two Eisen] .S. records lowest trade deficit ince May 1977, government says United Press International ASHINGTON — The United s recorded its lowest trade def- tin 13 months in June, purchas- $1.6 billion more in foreign Is than it sold overseas, the gov- . _ ien t said Wednesday. p’! 111 ' It was the smallest trade deficit the May 1977 figure of $641 I1Vai W )n an d first time since last ntember that the monthly trade |cit fell below the $2 billion awalfro, achine e accunJ •6-1151 ed an [June’s export total of $12.13 bil- Jwas a record, mostly because of leased shipments of coal, lachinery and transportation Jpment. (Jnports fell for the second Ight month to $13.72 billion, jut one quarter of the $270 mil- import decline was accounted for by another drop in imported oil, the department said. June’s red ink total represented the 25th consecutive monthly deficit for the United States. However, it was encouraging news to the admin istration, which has been seriously concerned about the long string of deficits. Administration officials have con sistently predicted the nation’s trade balance would begin to show some improvement this summer and fall as growth of the overall economy slows. The reason is that a more moderate economic growth rate tends to curb the nation’s thirst for imported goods. In addition, the long slide in value of the dollar against foreign currencies — especially the Japanese yen — makes U.S. exports less expensive in foreign markets, boosting demand for American products overseas. At the same time, the dollar’s de cline tends to boost prices of im ports in the United States, curbing domestic demand. The overall export total of $12.13 billion was the first time in history that exports have exceeded the $12 billion level and was 3 percent above May, the department said. Imports were about 2 percent less than in May. The dollar firmed on foreign ex change markets in London im mediately after the announcement. Analysts said the trade figures were better than expected. For the first half of 1978, the de partment said, the U.S. balance-of- trade deficit stood at $16.37 billion compared with $11.49 billion for the same period in 1977. Officials said the deficit for the full year should be somewhat above last year’s record $26.5 billion total. Government experts have said the deficits would have to average $1.7 billion for the remainder of the year if the United States is to ap proach last year’s total. Nine of the 10 export categories increased last month while imports fell in seven of 10 categories, the department said. Oil imports, the department said, decreased to $3.29 billion from May s $3.32 billion. Among other import categories that posted declines were: iron and steel products, sugar, coffee, radios, television sets and motorcycles. Order your meal and get Free Egg Rolls with this coupon THE FORTUNE COOKIES Known as “the Best Chinese Restaurant in Town” Menu offers 97 Peking & Szechuan & Cantonese 1 dishes. Food to Go We deliver Free of charge MANOR EAST MALL Texas at Villa Maria M-F 10-8:30 Sat. 10-6 779-6718 NOON BUFFET Tuesday-Friday Telephone: 713/822-7661 ALL YOU CAN EAT: $2.38 1313 S. College Ave. Closed Monday Bryan, Texas 77801 lassachusetts college fights excessive drinking Guides set for campus beer parties Allen Academy is now accepting applications for the fall term. (Pre-K through Grade 12) For catalog, admissions forms or Alumni Directory for former students, write or call: Director of Admissions The Allen Academy Box 953 Bryan, Tx. 77801 (713) 779-0066 Did’ United Press International gMHERST, Mass. — The beer that not-so-hallowed campus ition, is under attack at the Uni- Jity of Massachusetts. I task force of students and ad- “istrators, worried about the «r of campus parties that are Ing out of hand, has drawn up a of “common sense” guidelines lie use of alcoholic beverages. [Vere trying to cut down on par- [where the intent of the host, as as the guest, is just to get ‘d, Dr. David Kraft, senior ician at the school’s mental lo one killed n plane crash Unjted Press International LAMAZOO, Mich. — It had lakings of a major air disaster J3 passengers and crew mem- :s 11,200 pounds of fuel, fog and lie failure. Authorities say it was kaele no one was killed. A North Central Airlines prop jet ■ying 43 people lost power Itirtly after takeoff from ^manaioo-Battle Creek Regional Ayport Tuesday and crashed in a -shrouded cornfield about one He away. health department, said Tuesday. The guidelines, which Kraft called among the most comprehen sive in the nation, limit the amount of beer at a campus party to one keg per 40 people — or the equivalent amount of wine or liquor. That’s an average of four drinks per person. "The myth in our society that you can’t get as drunk on beer as yon can on whiskey is just not true,” Kraft said. Kraft said the policy was drawn up after several different campus groups expressed concern that exist- ing campus alcoholic beverage policies only protected the school from the bare miminum legal re quirements. “Many of the staff and students were concerned that they might be sued if someone went out and got hurt from a party they’ve been host ing," he said. The guidelines apply to all cam pus parties, including those in fraternities and sororities. There are no set penalties for violating the guidelines, but re peated violators could be barred from giving parties in future, Kraft said. First oft'enders will probably just get "a rap on the knuckles," he said. The policy is designed to educate students to the uses and abuses of alcohol and “to make sure the plan ning going into a party is sensible so the chance of things getting out of control are minimized,” he said. Hosts are required to serve at tractive food and non-alcoholic bev erages to encourage non-drinkers to X d i n „ k d e 7.„w ^TiTmiiiiimniiinnimiumiriL^ down the absorption rate of alcohol. — — — - — How-to pamphlets, giving tips on how to get a drunk to stop drinking, will be given campus party-planners by dorm resident assistants. The Aggie ^Sweetheart Ring The one-of-a-kind gift. $ 30. 10 carat white or yellow gold Available exclusively at mk Q_ 'lOURJeOvCLRYSTOPe (Formerly Emhrey's) 415 UNIVERSITY DR. NORTHGATE 846-5816 H M M M TOMATO LOVERS! Now Pizza Express has something just for you A new pizza covered with Fresh Sliced Tomatoes! This Week Try Our Large Sliced Tomato Pizza and We’ll Send it to You for the Price of a Medium Pizza. 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