V. T lgram.It*ta ably mean tighteniiw^H/J NO. rain to serve only ~ Weinberger says Army redesigning controversial tank United Press International WASHINGTON — Defense Secretary Caspar Weinberger said Monday mat the Army is redesigning the M-l tank even though the $2.7 million vehicle — the most expensive tank in U.S. history — has just begun rolling off the production lines. In an hour-long breakfast meeting with reporters, the Pen tagon chief also defended his $258 billion budget for the com ing year, saying momentum must be kept up for the adminis tration plan to rearm America, because the Soviet “threat hasn’t diminished one bit.” The escalating cost of the M- 1, which began production four months ago, and its troubles in meeting Army performance specifications have made the 60- ton vehicle one of the Penta gon’s most controversial weapons programs in recent years. Weinberger said he has no plans to reduce the planned purchase of 7,058 M-ls, the Economic signals drop in January United Press International WASHINGTON — The gov ernment’s sensitive leading eco nomic indicators dropped 0.6 percent in January — the sixth straight month of decline, the Commerce Department re ported Monday. The new data wiped out im provement first reported for December, changing the origin al 0.6 percent increase estimated for the last month of 1981 into a 0.3 percent decline. The indicators are designed to foreshadow economic trends. Six of the nine indicators available for January contri buted to the overall decline, with s S N s 3 N N s Old South Restaurant NOW HIRING • wait people • bus people dishwashers • cooks 12 noon-6 p.m. Monday-Friday Parkway Square S. Texas five, fit Southwest Pkwy. OLD SOUTH SOUTHWEST PKWY. ♦ ♦ l Army’s first new tank in 20 years — despite reports that the new tank is vulnerable to an adv anced antitank weapon. Though he said the M-l was an excellent tank, he acknow ledged the 20-year development of the vehicle was “much too long” and said the tank is being redesigned. “It will be produced and used,” Weinberger said of the M-l, which is to cost an esti mated $19 billion for the fleet. “But it would not be very wise to say that now we don’t have to do any more in the way of tanks now that we have that one. “We do have to continue to improve, and the time to start new design is right now.” Democrats in Congress have proposed cutbacks as large as $40 billion in the total 1983 budget authority the adminis tration has proposed for the Pentagon, and Weinberger said he would be “very concerned with major reductions in the de fense budget.” new orders adjusted for infla tion and stock prices dropping the most. Also down were new claims for unemployment insur ance, contracts and orders for plant and equipment, changes in raw materials prices and changes in total liquid assets. The three indicators that went up were the pace of de liveries, building permits and the money supply. The composite index of coin cident indicators, which analysts expect to bottom out two months before a recovery, drop ped 1.6 percent in January, the department said. CASA CHAPULTEPEC 1315 S. College l AGGIE SPECIAL: 3 Cheese Enchiladas — Rice — Beans Beef Taco — Chile Con Queso — Tostaditas — Hot Sauce $2.69 Reg. $4.30 WHERE ELSE CAN YOU GET A DEAL LIKE THIS? Every Tuesday and Wednesday 779-5116 Prepared Fresh Daily! ▲ dVCJI y I uoouay ai IVJ i^ouay f Prepared Fresh Daily! Wednesday: LUNCH SPECIALS — BEEF TIPS/NOODLES — $2.95 HAPPY HOUR: 4:00 p.m.-7:00 p.m. 10:00 p.m.-12:00 p.m. United 1 'washing DP leadersh A is week a drt ** fie t-reducir #lnt Reagan ^ oposal for fl • y s - The packaj • veral optior •qjicted $91. • g tax hikes, i ititletnent D ‘'different spokes‘if different folks 403 University (Nodf Open 10-7 Mon.-Fri. Ilfl 846-BIKE Improve your memory. Order this memo board now-before you forget! And remember, good times stir with Seagram's 7 Crown. SEAGRAM DISTILLERS CO., N.Y.C AMERICAN WHISKEY-A BLEND 80 PROOF Seven-Up" and "7UP are trademarKs of the Seven-Up Company C 1982