The Battalion. (College Station, Tex.) 1893-current, October 12, 1979, Image 5
THE BATTALION FRIDAY, OCTOBER 12, 1979 Page 5 Home mortgages may decline by year’s end &1p1pipip1p1p&jp1pjp1p1piprfcip1pjpipip<&’$p & * # 4** Having Problems getting your hair done after work? Dozier of his res] > P&Z ater adjoin d session ointments on. o the closed ited on the erning PM ay to run ot to run city is not he was incil on , saying, rssion, you ; to eat ncil actions, lows the usei iw densit)' passed unai id this wm it to a zoi pprovedby dso approved 57-acre tract od Terrace the souths nittedbySorJ being neces eveloprnenl United Press International AUSTIN — Home mortgages will be almost impossible to obtain in Texas by the end of the year unless something occurs to relieve the credit crunch and lower interest rates, a savings and loan industry of ficial said Thursday. Officials of the savings and loan industry already were contemplat ing asking Gov. Bill Clements to allow the Legislature to consider another increase in the state’s inter est ceiling on home mortgage loans before the prime rate was increased this week to 14.5 percent. A savings and loan spokesman said home loans will be extremely difficult to obtain in Texas under the current usury ceiling. “There’ll be some building by people who move into the state with equities to put into a house or who can work out special deals, but it’s going to severely decrease home building,” said Durward Curlee, executive director of the Texas Sav ings and Loan League. The money shortage will come despite an increase from 11 to 11.25 percent in the maximum lenders in Texas can charge as interest on home mortgage loans, Curlee said. He said the prime rate the savings institutions pay to borrow money to lend for mortgages increased to 14.5 percent Tuesday, and the savings and loan institutions cannot borrow at 14.5 percent and lend the money to home buyers at a lower rate. Steps taken by the Federal Re serve Board to reduce the amount of money in circulation by requiring banks to hold more money in re- r. We are going to take appointments after 6 beginning'll Tf Oct. 10th. f 1 * 5 Vogue Hairstyling Salon £ | 846-8030 | What they did last weekend, they not only raised the price or money — but they took very strong action to serve will have almost as serious an impact on lending as the skyrocket ing interest rates, Curlee said. “What they’ve been doing to this point is raising the cost of money. Woman says girl murdered as police responded slowly reduce the amount of money availa ble.” Curlee said he expects the mortg age situation to be worse than oc curred during the 1973-74 reces sion. “The interest rate problem pretty well cuts us out of anything but mak ing loans from deposits that we get. It prohibits us from borrowing from the Federal Home Loan Bank or commercial banks,” he said. Curlee said the savings and loan industry will decide by December whether to ask Clements to include the interest rate ceiling in the agenda for a special legislative ses sion. Continental Pipe Line Company S' Management Training Program Seeking high-potential BS, MS, MBA (with engineering un dergraduate degree), male, female engineering graduates for on-the-job, 12-month management development program in Continental Pipe Line Company, Supply and Transportation Department of Conoco Inc. (formerly Continental Oil Com pany). Advancement past development program into manage ment positions is based on performance and ability. Check with Placement Office. Battalion photo by Lynn Blanco Foreign visitor? Tran Merril, a freshman elementary education major, dressed up for the Memorial Student Center Variety Show held Thursday at the Rudder fountain. She was part of the MSC DaV at the Fountain, a program designed to acquaint Indents with the MSC committees. United Press International HOUSTON — A woman has told city officials she heard a murder victim struggling and calling for help in the night, but police were slow to respond to her telephone alert. Irene Manak told City Council Wednesday she heard Joann Huffman, 16, pleading for help on her front porch about 11 p.m. Oct. 3. The next day, Huffman was found shot to death in a park across the street from Manak’s home. Huffman’s boyfriend, Robert Spangenberger, 18, was found de capitated in the trunk of a parked car. But when she called police, Manak said dispatchers told her they could not understand her and, at one point, hung up on her. Manak said several calls were re quired before police responded. *WMSC AGGIE CINEMA laylor conducts special tests the MSC today Baby saved from retardation United Press International DALLAS — Debbie and - Gary $2 for studi: ig res t k new something was wrong ; or at the da ijth their new daughter but they the folWfjpt realize just how close little Adams and te phanie was to living mentally de- cient. “When we brought her home,” ..imp § e g rest sajd “she didn’t move Bund very much. She didn t make C. ny noises and wasn t very alert, singer Melliw wouldn't eat well and gained lit- ire $3.50, Sfr in this suspejN critic r a world ci-i ■ 1 '--won t teach Jesus Christ power pros United Press International IHOUSTON — Nuclear power pic John Doherty planned to Bch a short course on the hazards ithe atom until he discovered most nmunity coif those enrolled in his class were I be on disifouston Light & Power Co. nuclear ingineers. TUBE CLlfThe $11, two-month course was at the Floriif 101 ^ offerings this fall at the uni- Irsity of Houston Sundry School, rn jj r P off-campus college for dabblers. u er oj jp 0 h e rty, a UH law student who J0S plicly has opposed HL&P plans iners, inclotplnuclear plants, said Thursday he rhn Doucet walked into his first class Oct. 1 and Kind four of the seven enrolled MSC Recreitf ere HL&P nuclear power jpecialists. 7 ,, 1 “I decided there just wasn’t really ee a ' liite a bona fide student body, Doherty said. n thissuspe® I Doherty suggested HL&P had ) a world o(» ent the four to the class on instruc- Isome detect ons ). 0 mon itor his activities. 8 p.m. tod| “They might have been there to te a little bit mischievous, I sup- ch around N e > but I have no way of know- in KyleFieik" he said. 20 a.m. L HL&P spokeman Graham Painter n RudderllC n ‘ e ^ t ^ ie su gg est i° n °f corporate 1 Mischief. BThey were not taking this course ja corporate objective,” Painter |d. “These are people who made a jfsonal decision to take this course fftply because of their interest, ir expertise, in that area. II be held id Brazos Co® 1 to participi- lachy parlciif tie weight.” But Stephanie was lucky. Because she was born at Baylor University Hospital, one of the few hospitals in the state that screen newborns for congenital hypothyroidism — a rare hormonal disorder that affects ap proximately 1 out of every 5,000 neyvborps — her condition was de tected in time and she immediately was placed on medication to keep her system in balance. If Stephanie’s condition had gone undiagnosed past 3 months of age, she would have developed mental deficiencies and might have spent the rest of her life in an institution. “I can’t help but think what might have happened if I had gone to another hospital,” said Mrs. Seg- rest. “Would they have run the test? By the time the condition was dis covered, would it have been too late?” “I count it a blessing Stephanie was born at Baylor.” Stephanie is now 8 months old and looks like any normal, healthy baby. But for each day the rest of her life, Stephanie will take thyroid hormones to keep her system bal anced. If she fails to take her medicine, she soon will begin to de velop signs of hypothyroidism, said Jenkins, which in youngsters can lead to retardation and in older people, to loss of energy and hair and skin problems. “Two years ago, the Legislature passed a law saying we would do the test at the state health department but the appropriations were cut by a committee,’ recalled Dr. Brad Therrell of the Texas Department of Health. “In the last session, the Legislature passed a law making it mandatory and did appropriate the funds. “We re now awaiting the arrival of equipment, which should happen in a couple of weeks, and we re on pins and needles waiting for testing to begin.” Therrell said the hypothyroidism tests, which will cost taxpayers 50 cents per child, will be included with three other mental retardation screening tests currently performed on blood from each of the 240,000 babies born annually in Texas. The incidence of the hormonal imbal ances currently tested for are much higher — such as 1 in 300,000 — than for congential hypothyroidism. Medical experts are unsure of the cause of hypothyroidism . “BRIGHT, ROMANTIC, IMAGINATIVE AND EYE-FILLING.” — Bruce Williamson, Playboy “It is a luminous film with wit, passion, breath taking beauty, and sun-struck images. • ••a — • ••a — • ••a.. • ••a- •••a- • ••a.. • ••a.. • ••a.. • ••a.. • ••a.. • ••a.. • ••a.. • ••a.. • ••a.. • •a.. 0**a.. • ••a.. • ••a.. • ••a.. • ••a.. • ••a.. • ••a.. • ••a.. •••a.. • ••a.. : *«a.. ••a- • ••a- • •aa.. • ••a.. • ••a., •••a., •••a.. • ••a.. •••a., •••a.. • ••a.. • ••a., (•••a.. • •a — !•••... • ••a.. • ••a.. • ••a.. • ••a., (•••a.. •••a.* • ••a.. • ••a.. ®»aa.. • ••a.. • ••a.. •••a., •••a., •••a., •••a.. •••a.. • ••a.. • •®a.. • ••a.. 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Sp tussian 1 through Fri) ihing to worl 504, Rudder lout projects ” will be six ( 800 Jersey i, MSC. p.m. in ms will be \ p.m. and! ito Stress Relief Too much stress re duces creativity, in hibits learning and re call and makes you physically ill. Fight back. Learn tested and proved ways to control stress. Sunday, Oct. 14 7:30-9:30 p.m. $10 for 3 sessions — Oct. 14, Nov. 11, Dec. 9 $3 for senior citizens and students Unitarian Fellowship 305 Wellborn Road College Station n. J ,*1 For more information, call 846- Studenl 4270 or 846-5826. at 9 p.m. in >y • ..*©© ••••® ••••• -•••® >*•••• ■•••»© • ••a®® -•••® -•••A •••••# • ••eo® •••••A -•••A •••••A ..•••A ■••••A CHARLES BURNING LOUIS GOSSETT JR . PERRY KING, CLYDE KUSATSU. 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