The Battalion. (College Station, Tex.) 1893-current, September 07, 1979, Image 12

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    Page 12 THE BATTALION
.FRIDAY. SEPTEMBER 7, 1979
for the
Prize-Winning
AGGIELAND
America s largest — and best
university yearbook,
only at Texas A&M
Individual photos for class sections to
be taken by top professional
photographers from Yearbook
Associates, from —
8:30 a.m. to
4:30 p.m.
Monday through
Friday
Student Lounge
Harrington Tower
FRESHMEN AND SOPHOMORES
A-D
E-H
l-M
N-R
S-Z
Sept. 10-14
Sept. 17-21
Sept. 24-28
Oct. 1-5
Oct. 8-12
SENIORS
A-D
E-K
L-Q
R-Z
Oct. 18-19 and 22-24
Oct. 25-26 and 29-31
Nov. 1-2 and 5-7
Nov. 8-9 and 12-14
JUNIORS
A-D
E-K
L-Q
R-Z
Nov. 19-21 and 26-28
Nov. 29-30 and Dec. 3-5
Dec. 6-7 and 10-12
Jan. 16-18 and 21-22
And don’t
forget to
order your
copy of the
great 1980
Aggieland
Cagey Cajuns
cash in on loan
United Press International
METAIRIE, La. — Hopeful homebuyers who camped outside loan
offices for a week in carnival-like tent cities are waiting once again. This
time it’s to find out if their applications for bargain-basement mortgage
loans are accepted.
Hundreds of would-be homeowners spent a week in the shanty
towns that sprung up on loan company parking lots to be among the
first to apply for $100 million that will be loaned to Jefferson Parish
residents at a low interest rate of 7.5 percent
The loans, sponsored by the Jefferson Parish Home Mortgage Au
thority and funded by tax-free municipal bonds, carry an interest about
4 percent below the going rate.
“If we don’t get the cheap money, we won’t buy the house,” said
Rene Mouledoux, an attorney who was among the first to apply at First
Homestead and Savings Association in New Orleans.
Although he waited through the week and was ninth in line, the
mortgage company was expected to make only five loans.
“It’s kind of like waiting for a draft number except in this case you
want to get a low one,” Mouledoux said.
The peacefuTtent cities were complete with beach umbrellas, lawn
chairs and plenty of iced down soft drinks and beer.
At one mortgage company, “residents” founded their own news
papers, elected a mayor and wore T-shirts with their numbers in line
printed on the backs.
Campers shared Labor Day picnics, celebrated each others’ birth
days and played marathon games of Scrabble and Monopoly. Several
already have plans for a reunion next year.
Despite the popularity of the low-interest loans among middle
income families, state legislators feared home mortgage authorities
would mushroom out of control, ruining business for private mortgage
companies and threatening the financial soundness of communities
that backed up the municipal bonds.
FCCeyes lift in program, ad ruh
for nation s 8,600 radio station
United Press International
WASHINGTON — The Federal
Communications Commission voted
Thursday to propose abolishing
guidelines for programming and
commercials on the more than 8,600
radio stations in the nation.
The commission also decided to
examine its current requirements
that stations conduct formal surveys
to determine their community’s
needs — a procedure called ascer
tainment — and to eliminate certain
program log requirements.
The commissioners said they
would examine the regulations to de
termine whether they are still
needed.
The vote to begin a commission
examination of the regulations was
5-2, with commmissioners Abbott
Washburn and Joseph Fogerty dis
senting in part and concurring in
part.
A final decision on whether to
drop the regulations in question is at
least six months away, since the
commission allowed 90 days for pub
lic comment on its proposals and 60
days for replies.
“The action we have proposed
today is a new step in our continuing
effort to seek and find more effective
and efficient ways to make com
munications responsive to public
needs,” said commission Chairman
Charles Ferris.
“In each of these areas we propose
to deregulate, our preliminary data
reveal that radio stations have by and
large exceeded the requirei
government has imposed,” Fi
said in a statement.
“Survival in a competitive,
ketplace appears to require rat,'
tions to impose upon themsel
heavier burden of responsiventj
community needs than have
eminent regulations.”
Senate slaps Nixon with 10
for improving San Clemen
United Press Internationa]
WASHINGTON — The Senate
wants Richard Nixon to repay the
Treasury thousands of dollars for im
provements made on his San
Clemente, Calif, home during his
presidency — and the government
thinks he may agree to do so.
In a “sense of the Senate” amend
ment to an $8.8 billion Treasury and
Postal Service appropriations bill
Tuesday, the Senate asked Nixon to
abide voluntarily by a 1976 law re
quiring owners of property im
proved at federal expense to reim
burse the Treasury when they leave
office.
Nixon inspired the law, butin
covered by it since he
1974.
A spokesman for the GeneralSi
ices Administration said theajj i
has been in touch with Nixon as '
and GSA officials feel he raai’
back at least some of the moDti!
Nixon has sold San Clemente
group of California businessmeij
an undisclosed sum and pl»
move to New York Citv.
United Pi
AUSTIN -
ilephone Co.
reet analyst
unattractive
The General Accounting Oj Slit)' Comm
which reports directly to i
has hired an appraiser to revie* t* se '
assessment.
xp
inest for a
Bradford L
|yst for Pa
York, sai
hire hii
began advis
sell their ;
compan
Iritics chal!
its that Soi
granted hi
compan
rnings to
AT&T st(
" Peery :
cker;
United Pi
iUBBOCK
locally, g
less per
would em
imies and
ice, gas<
•sday.
think thi
have
•how mai
Kubiak, I
UNB JUST ACROSS THE STREET FROM THE TEXAS A&M CAMPUS.
UNB WITH OVER 30 YEARS OF SERVICE TO TEXAS A&M STUDENTS,
FACULTY AND STAFF.
they h,
mething that
ce plan for tl
their produc
Kubiak, kno'
sohol propor
ed a keynote
h farmers at
te attendir
nv” conferem
“If they (farii
ere is a mark
produce t
id- They car
e markets an
e alcohol tha
In periods
e other price
UNB
OPEN 52 HOURS A WEEK, WITH DRIVE-IN BANKING AND 2
WALK-UP WINDOWS OPEN FROM 7:30 A.M. TO 6:00 P.M.
UNB
WITH YOU IN MIND.
YOU’RE NOT “JUST A STUDENT”
WE TAKE OUR STUDENT CUSTOMERS SER
IOUSLY- WE’VE BEEN SOLVING THE SPECIAL
FINANCIAL PROBLEMS STUDENTS HAVE,
SINCE 1946. YOU CAN BANK WITH CONFI
DENCE AT UNB ★
Was
real
was
get,
he I
ana
WOi
sole
say
afte
den
he i
Ana
vo'n
“Th:
2SJLA.T IOISLA_I_i B-A-3STIC
COLLEGE STATION. TEXAS
P. O. Box 2680
College Station, Texas 77840
713 846-8751
Member FDIC
WE
Donald
J; 45 a.m
1 A.m. i
7 P.M. E'
Meeting t e
S on ;°i
'mams i