The Battalion. (College Station, Tex.) 1893-current, February 18, 1981, Image 3

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THE BATTALION Page 3
WEDNESDAY, FEBRUARY 18, 1981
jhart, Schaffner & Marx Christian Dior
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tion towelling used gold and silver is one way to
|aking extra money. Lew Jordan, a retired
Photo by Mary Anne Snowden
realtor who lives near Lake Livingston, buys
the metals for money and as a hobby.
Housing contract
format changes
By PHYLLIS HENDERSON
Battalion Reporter
The Texas A&M University housing contract will have a new format
in the fall of 1981 — with regulations students may not recognize.
The new format is a two-page contract, developed to answer ques
tions that have come up in the past about the residence hall system,
said Ron Sasse, associate director of student affairs. He stressed that
only one basic change, an eight-semester residence restriction, was
made in the regulations.
“There isn’t anything in the contract that we aren’t doing now,”
Sasse said. It merely brings the regulations already stated in the
Housing Guide and the University Rules and Regulations together in
one document, he said.
Previously, the only information a student received about the resi
dence hall system was on the back of the acceptance/rejection card sent
to him with his space confirmation, Sasse said. That information has
been detailed to explain all facets of the system, he said.
Now, the incoming student will receive the contract at the same
time he receives his card to accept or reject his space, Sasse said. This
will provide the student with more information on which to base his
decision, he said.
The contract is for the student’s information, Sasse said, and will not
be returned to the University. If the student accepts the residence hall
space, he said, he is agreeing to the terms of the contract.
“This is intended to outline what the residence hall system is like,”
Sasse said. “If they read this, they’ll have a pretty good idea what’s
going on in the system.”
The contract details the deposit requirements, under what circums
tances a deposit will be returned, the effects of cancelling a residence
hall space, the rights of the University and the rights of the student.
old buying business
as its ups and downs
By BETH GIBSON
Battalion Reporter
I The gold-buying business has
its ups and downs for both inde
pendent and permanent buyers,
i The market price of gold goes
up and down; the amount of cus
tomers goes up and down; city res
traints on gold purchases go up
and down.
I But Len Kenry, independent
gold buyer, said it is a comfortable
business.
| “When I say that, I don’t mean
a million dollars a day, or even a
thousand — just comfortable,”
Henry said from the Holiday Inn
in Bryan, where he has been set
up for business since December
1980.
! Henry said he buys gold by the
ounce. But, he warned against
people coming to sell jewelry with
a $500-an-ounce price in mind.
I “The prices are not based on
the full market price of gold be-
inse of the percentages of other
etals in the gold,” he said. “Only
jure ingots sell for the full market
price, and prices have to be calcu
lated for gold with alloys, such as
10-karat or 14-karat gold.”
| Carl Bussell’s Diamond Room
I'.-r in Bryan also buys used gold. Jan
Winder, the store’s bookkeeper,
said Monday the current price for
gold is running about $500 an
ounce.
| As the price of gold fluctuates,
the amount of customers fluctu-
f ates with it. Winder said.
I “When it’s up, people want to
< get the most for their money,” she
I said.
[ Winder and Henry agreed that
ligh school rings are the most-
L pften-sold item, especially in col-
ege towns.
“People no longer need their
high school rings when they get to
college. Besides, they need the
jjesK* money for other things,” Henry
| said.
Winder said it makes sense for
people to sell their high school
rings when they get to college, be
cause most people don’t wear
them anyway.
A class ring may sell for any
where from $45 to $95, depending
on the weight and current price of
the gold, she said.
College rings, on the other
hand, don’t sell very well.
“We never have big runs on
Aggie rings, though we did buy
one that had been run over by a
car,” Winder said.
The class rings and other gold
bought by permanent and inde
pendent businesses are sold to re
fineries and melted down. Winder
said.
Henry, who travels from city to
city in Texas with his business,
said he sells his gold to any smelter
in the area.
“There’s no way we indepen
dent buyers could refine the gold
ourselves — that’s way too expen
sive to do,” he said.
Henry’s travels over the state
have also introduced him to
varying degrees of city restraints
on gold buyers — some stiff, some
non-existent.
He said he is thankful for
Bryan’s ordinance regulating gold
buyers.
The ordinance requires anyone
buying used precious metals to
buy a permit from the police de
partment for $50 and to keep a
record of the purchases for at least
two years available for inspection.
They must also record the name,
address and driver’s license num
ber of each seller, as well as a de
scription of the article sold.
Such temporarily-located
buyers as Henry must deliver a
record of purchases to the police
department 24 hours before leav
ing the city.
“I believe this regulation stops
fencing — selling stolen gold,”
Henry said. “I have people sign a
form saying they are authorized to
sell what they have, and I think
that would scare off anyone with
stolen gold.”
Winder agreed, “If someone
comes in with stolen gold, he
won’t want to give his name and
identification number and get
tracked down.”
The ordinances protect the gold
buyers from fencing charges, but
they can’t protect them from
citizens’ charges of “gypping” the
public.
Henry said once a private
citizen put up a sign where he was
buying gold that referred to inde
pendent buyers as “GYPsies.”
Henry said, “The “G-Y-P” was
in big letters compared to the rest
of the word, implying that we ‘gyp’
people out of their money. I don’t
consider myself a gyp. I always
give the fairest possible price.
“I may not be tops, but I’m a
long way from the bottom. Be
sides, I don’t just buy from indi
viduals; I also buy from businesses
— pawn shops and jewelry
shops.”
But, despite these ups and
downs, gold buyers continue to
set up shop in hotel rooms and
camper-trailers and permanent
jewlery stores continue to adver
tise for used gold.
Henry’s not quitting yet. He
said, “I plan to be a gold buyer as
long as I can eke a living out of it, ”
he said.
PUB USHER NEEDS
ON-CAMPUS CONSULTANT
We are looking for a faculty member or spouse, graduate student
or administrative person who would like to supplement present
income with a second career in college textbook publishing.
The role is one of public relations. The prerequisites are relation
ships and familiarity with the academic community. We will
provide you with the skills and knowledge about textbook
publishing.
We are a 63-year-old publishing house with many authors already
on campus. The person filling this position would consult with
on campus faculty members about the unique aspects of our
NEW DIMENSION Group as well as provide a liaison with our
traditional publishing groups. Your inquiry is completely con
fidential so phone or write . . . with no obligation ... to:
James Spivey
1100 Howe Avenue
Apt. #553
Sacramento, CA 95825
<916) 927-2852
Sales, Service & Repairs
Emergency Pick Up Service
846-7580
403 University • Northgate
X e:>cas
wSTWI-E
o
Prescriptions Filled
Glasses Repaired
216 N. MAIN
BRYAN 822-6105
Mon.-Fri. 8 a.m.-5 p.m.
Sat. 8 a.m.-l p.m.
ALVAREZ
Genuine
Mother-of-Pearl
Inlay
All Alvarez guitars are not this elabo
rate, but you will certainly appreciate
the fine craftsmanship you can see
and hear.
KEyboARd
LAYAWAY
Center visa
>■ • .... . MASTER CARD
MANOR EAST MALL
713/779-7080 BRYAN, TX 77801
tfeexma duCtuxs
Skin Care for Men Women
Introductory Offer
Introduce 2 friends
to Derma Culture
treatments and you
get 1 free.
(Limited time only!)
Treatments by Appointment
707 Shopping Village
693-5909
Battalion Classifieds
Call 845-2611
20°/c
Registered Diamond Rings
CHELSEA
ALL DIAMOND jgsl
0 OFF ENGAGEMENT &
WEDDING SETS
Layaway Acceptable
25°/t
a All SEIKO
0 (Jrr watches
17 Jewel — Gents and Ladies
Sale Mon v Feb. 16 thru Sat v Feb. 21
Both Stores
Douglas Jewelry
1623 Texas Ave.
Culpepper Plaza
693-0677
10-6 Daily til 8 thur.
212 N. Main
Bryan, Tx
822-3119
9-5:30 Daily
Ccmwaii's
1 IS MOVING If
| Everything |
i Must Go!!! |
M FURTHER REDUCTIONS •
' -
SWEATERS
Entire Stock
Incl. Lord Jeff
Pendleton & Jockey
1 /2
Price
;■
SPORT SHIRTS
Entire Stock of
Long Sleeve Incl
Arrow. Joel, Lord
Taylor & Others
1 /2
Price
DENIM JEANS
Entire Stock
of Pre-hemmed
Jeans
1 /2
Price
OUTERWEAR
Entire Stock of
Leather. Nylon, Wool
& Poplin Jackets
1 /2
Price
—
ilSpil I i
f,
TOP COATS
By Botany ‘500’
& Pendleton
2Q90
79 90
tLll'i -1
BOY’S SUITS
Pin Stripe & Solid
Reg. to $95 00
29 90
•
n Vs ^ 4" Tf \ &&< Vf
DRESS SHIRTS _ ^ .
Group of Long & Short 9 0
Sleeve Dress Shirts
Reg. to $20. 00
DRESS SLACKS
Special Group m ja, r\ <r\
Reg to $42 . 50 | I
.
SHIRTS
Special Group of
Knit & Sport Shirts
Reg. to $18. 00
in
CD
O
SPORT COATS
Special Group
Reg. to $85 00
OFFICE FURNITURE AND
FIXTURES FOR SALE!
[Sorry, but at these low prices-
leash, VISA, Mastercard and
jAmerican Express ONLY._
-TST
“Distinctive Mens wear -4- "
103 N. Main downtown bryan
M Opening March, 404 Univarsity Ctr., Collage Station
Pendleton' Lord Jeff Arrow