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About The Battalion. (College Station, Tex.) 1893-current | View Entire Issue (Jan. 27, 1982)
on/Pagtl y27, state Battalion/Page 5 January 27, 1982 said, visiting pi >er School. University marketing and Sales ht similar University, and San ion of does s," he said rican custi uch a hei I by the ore res| l fare and ivate seat will also . events, bust, sc ithaMardl uinual N nd the dr^ itution, lf| off-camp® to attend Today’s Almanac United Press International Today is Wednesday, Jan. 27, the 27th day of 1982, with 338 to follow. The moon is moving toward its first quarter. Those born on this date are under the sign of Aquarius. American labor organizer Samuel Gompers was born Jan. 27, 1850. On this date in history: In 1880, Thomas Edison was granted a patent for an electric incandescent lamp. In .1973, the United States and North Vietnam signed a cease-fire agreement. Also, an end of the U.S. military draft was announced. In 1981, President Reagan welcomed the Americans who were held hostage in Iran in ceremonies at the White House. MANAGEMENT SOCIETY General Meeting and Presentation by Continental Pipe Line Co. Come by and talk to recruiters about a career with Continental Pipe Line. Thursday, Jan. 28 7:30 p.m. Room A Aggieland Inn Free Beer & Munchies All Business Majors Welcome MTOMATIONAI STU DENTS ASSOCIATION Robert Hurley, right, and Dan Mon- sivais, both of A&M Consolidated High School, practice their wrestling tech niques at G. Rollie White Coliseum. They have been receiving help from Texas A&M’s coach, Joe DeBella. il magazine predicts ecord drilling year mores d to i! fi United Press International HOUSTON — World Oil tag,i/.ine predicts another U.S. ing record for oil and gas Us this year, although the azine’s experts expect a loVer rate of growth than last ear. B'Doomsayers in and out of lie industry are trying to talk tig most booming business in United States into a reces- ion since it refuses to get there ny other way,” the magazine aid in a release Monday. ■But the 12 months just past aw another new high in wells irilled for the second consecu- ive year and a new footage re- ord for the fourth year in a row. loth will be topped in 1982.” i fWorld Oil forecast 90,422 •'ells and 420.4 million feet of iole, up 12.1 percent and 12.5 percent in 1982. They also pre dicted 41,856 oil wells and 17,153 gas wells, all-time highs in both categories. The magazine said it cannot agree with forecasters predict ing a slower rate of growth. It sees continued high prices, aver aging $34 a barrel for oil, keep ing the •stimulus for drilling high. World Oil also said oil and gas companies’ exploration and production expenditures are ex pected to increase in 1982, mak ing more money available to drill oil and gas wells. The only possible problem in the future of the drilling indus try, World Oil said, is a possible 1982 drilling rig surplus — which would be more of a prob lem for contractors than pet roleum companies. “Excess rig supplies could continue to develop in selected areas, especially those that have not lived up to expectations (the Austin chalk jtrend) or where major development programs may be ending,” the magazine said. The magazine also said: “As expected, Canadian drilling proved to be a disaster in 1981 due to incredible government meddling in industry affairs. “The situation remains un changed and Canadian drilling capital continues to flee, seeking satisfactory rates of return else where.” World Oil predicted drilling in the rest of the world would increase 13.2 percent in 1982, led by 14 percent increases in the Middle East and South America. ‘ERNll — Gi SPRING PANHELLENIC RUSH with ALPHA GAMMA DELTA & ALPHA PHI Information night — Tuesday, Feb. 9 7:30 at the Chi Omega house Deserts will be served Rides Available Name Phone Address Classification □ Will need a ride. □ Unable to attend, but interested in going through rush. Please return to: Sandra Hernandez 143 Mosher or Melisa Patterson 415 Hobby Questions? Call Kathy Calzone 693-2072 EUROPE: NUCLEAR BATTLEGROUND OF THE SUPERPOWERS? sponsored by -the International Students Association and the EUROPE CLUB guest speakers: Dr. Horst Armbruster Or. John O. Robertson IT 5 FOS'SiBLF.l IT'S RFALLV possfBLa.m< Sl llDNS SHOW UMHEP fillU EMT WAR /r pos.nruu WE COULD USE NO:) STRATEGIC ATOMIC we/po:i5 i:i a WAY THAT r.'aw'nomv DEl'ASTATE THE UMTED MATES OR RUSSIA!! r~ 'A IT'S TOO PAD, ABOUT EUROFF. K. / S :3Q RIVI Rudder Tower 301 \A/ednesday J AIM. 27 FREE 12.100% 30-89 days rate adjusted daily $1,000 minimum BRAZOS Investors Account THESE OBLIGATIONS ARE NOT SAVINGS ACCOUNTS OR DEPOSITS AND ARE NOT INSURED BY THE FED ERAL SAVINGS AND LOAN INSURANCE CORPORATION. A nominal administrative fee is charged for early withdrawal. 13.780% 6 months rate fixed for term $10,000 minimum 6-MONTH Money Market Certificate 16.131% Effective Annual Yield 14.750% 30 months rate fixed for term No minimum deposit 2V2-YEAR Money Market Certificate Each account insured up to $100,000 by an agency of the federal government. Regulations impose a substantial interest penalty for early withdrawal. Here are three ways to earn maximum interest in fixed or vari able rate instruments to meet your short or long term goals. For more information on these accounts, call or visit any of our offices. There’s never been a better time to save. And there’s never been a better place. *RATES EFFECTIVE AS OF January 26, 1982 Rates are subject to change daily (in the case of Investor Accounts), weekly (in the case of 6-month certifi cates) and bi-weekly (in the case of 2 1 /2-year certificates). Federal regula tions prohibit the compounding of interest on 6-month certificates. BRAZOS Savings Main Office: 2800 Texas Avenue / Bryan Branch Offices: Bryan • Brenham • Buffalo • Caldwell • Centerville College Station • Hearne • Huntsville • Madisonville • Normangee