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About The Battalion. (College Station, Tex.) 1893-current | View Entire Issue (Aug. 4, 1983)
Page 8/The BattalionAThursday, August 4, 1983 Mexico offers cheap loans United Press International HOUSTON — In an effort to boost export sales, Mexico is offering American businesses low interest loans to finance pur chase of Mexican manufactured goods, a Mexican banker said. Ezequiel Padilla, president of BancaConfia, Mexico’s eighth largest bank, Tuesday told American business executives the program would save them money. “On this occasion, we have come to the United States not to ask for credit but to offer credit to your banks so they can pro vide low cost finance to the im porters of Mexican manufac tured goods,” said Ezequiel Padilla, president of Banca Confia. The program is aimed at eas ing Mexico’s balance of pay ments problem and to help pay off Mexico’s foreign debt, Padil la said. Padilla, whose bank is located in Mexico City, said the loans would be provided through U.S. banks. All Mexican banks have been nationalized. Padilla said the biggest attrac tion should be “low and fixed interest rates” ranging from 7.5 to 8.5 percent, compared to the current 10.5 percent prime rate for loans in the United States. “The importer could have the possibility of negotiating better prices because the Mexican ex porter receives payment at the moment the export is made,” Padilla said. Petroleum and agricultural products were not eligible under the low-interest loan program, but Padilla said there was no limit on the size of the transac tion. Padilla said credit under the program could be initiated by the American importer going to his U.S. bank and obtaining a letter of credit to be confirmed in Mexico by BancoConfia. Padilla said the program — Fondo para el Fomento de Pro- ductos Manufacturados — has been in operation since 1964 but has been ineffective in the past, partly because of the relatively high valuation of the Mexican peso. MUSHROOM CHEESE COWRIE at The Cow Hop Va lb. Mushroom Cheeseburger Large Order of French Fries 16 oz. Ice Tea — Free Refills Dealer says he told agents about Hill S^oo Dress It Yourself On Our Hamburger Bar 846-1588 317 University Dr. Northgate Void 8/11/83 First Presbyterian Church 1100 Carter Creek Parkway, Bryan 823-8073 Dr. Robert Leslie, Pastor Rev. John McGarey, Associate Pastor SUNDAY: Worship at 8:30AM & 11:00AM Church School at 9:30AM College Class at 9:30AM I Bus from TAMU Krueger/Dunn 9:10AM Northgate 9:15AM I Youth Meeting at 5:OOPM Nursery: All Events CARTER CREEK PRY United Press International DALLAS — A convicted cocaine dealer testified Tuesday he told federal agents Dallas Cowboy player Tony Hill was aware of a 2-pound cocaine shipment, but he denied naming Cowboy Harvey Martin. Elias Murback was the first witness to testify in the federal trial of former Brazilian soccer player Lauribeto Ignacio, who is charged with conspiring to im port and distribute South Amer ican cocaine in Dallas. Ignacio’s attorneys have sub poenaed Hill and Martin to re fute anticipated prosecution tes timony that they knew of Igna cio’s alleged smuggling or had purchased cocaine from him. Attorneys for Hill and Martin asked federal Judge Robert W. Porter to quash the subpoenaes Monday. Porter delayed his rul ing, saying he first wants to see if government witnesses implicate the players. At Cowboys training camp in Thousand Oaks, Calif., Hill cal led Murback’s testimony “utter ly ridiculous.” “I don’t know anything, and I would swear to that on a stack of Bibles,” Hill said. PLAISSnurG A MOVE? Move with U-Haul! Let Dealer of 23 years in Bryan save you money. Please reserve your equipment now. Call 01* come by 2010 South College — Bryan Ba racking ol trolled ent »Iniversit Istiin direi /s. Hieonlv r tdv now be IcM’s parki : price of p ■>st of p it Director raie answ ]B)sed em jndations, Maddox s Kdtv space would lielp smc he said, ■niversiti xas Tech usually restricts her sailingj Madd area behind the “®®^B)priate : Married Student Apartments, campus c have PEKEKGr GARDEN Chinese Restaurant AIX YOU CAA EAT Friday and Sunday Evening Buffet 6-8 p.m. *5 ao Weekly Noon Buffet s 3 98 Buffets include: egg roll, fried rice, fried won- ton soup, chicken lou mein, sweet and sour pork, beef with broccoli and fried chicken. > , OPEN DAILY: 11:30 a.m. to 2 p.m. Texa» S. Coll*:#*; 5:30 p.m. to 9:30 p.m. 1313 S. College 822-7661 JDID YOU KNOW?! | You can walk to the SOUPER SALAD | I within a few minutes for the greatest! ■ soups in Texas. You may pick and^ choose your own salad from the twen-| | ty-six foot salad bar with great condi-■ — ments and dressings. ■ Fairchild found guilty lethal injection ordere ing so k nething is Ifie near f Maddox s dei consic cilssed at nposal was gents but i I he said. United Press International LONOKE, Ark. — Barry Lee Fairchild, 29, of North Little Rock became Arkansas’ latest Death Row inmate after his con viction for capital murder in the death of an Air Force nurse from Florida. HAVE IT ALL at nnn \ut/ 1 1 Bdrm 1 Bath $290.00/month 2 Bdrm 2 Bath $375.00/month FREE CABLE and HBO On shuttle bus route Pool Adjacent to Oaks Parks Parties and Contest See Us Now For A FREE Woodstone Nautilus Membership! 811 Harvey Rd. College Station 693-4242 Metro Properties Management, Inc. ■ I I I % WALK AND SAVE To the Sbisa Basement OPEN Monday through Friday 10:45 a.m.-1:45 p.m. QUALITY FIRST I I I he Circuit Court jury in Lonoke returned with the guilty verdict Fuesday after deliberat ing nearly three hours. The death sentence followed after 45 more minutes of deliberation, and Circuit Judge Cecil Tedder set the date for execution by lethal injection for Nov. 10. Fair child’s alleged accomplice in the slaying is still at large. Testimony said 2nd Lt. Mar jorie L. “Greta" Mason, 22, ol Gainesville, Fla., was kidnapped while shopping for furniture in North Little Rock Feb. 26. Her body was found the next day at an abandoned farmhouse near Scott. Authorities said she had been raped, robbed and shot twice in the head. Prosecutor Chris Rail ol Searcy pleaded with the.jury to impose the death sentence. He said Mason, who was assigned to the Little Rock Air Force Base, begged for her life because Fair- child “had taken everything else.” Raff said Fairchild then took her life as well. Mason’s mother, Sandra Breckur of Hurst, said she thought justice had been served bv the verdict against testimony Monitor In IC3CIIIIV/I1J ( hild recanted two vi(kHL4 confessions, which J “ ; //i '/r I t csLiiiiuny saia znct JLt. Mar- thought justice naa oeen set veu ■ >- >■ ~ White says crossing pass ...ted Harold LeeCrw® was later arrested andtra/IY leased after authorfeBP v_ m i ned he was in ColorakH time of the slaying. ! County Sheriff TornnnJ son and deputy Ma* u nor Dill. Closing argwncjF UPJ tered on whether hehadl .1 been coerced into confessions. : ir Powers Fairchild lu "f tsmce tal the Lonoke Count) JL w ■ of l ue for £nd eigh Correction Department■! , & >yan r invol K 1 Fripi r Khad, Move Yourself, All Your Stuff, And Save, Too! policy shows ‘benign neglecfe af ... TUI United Press International WASHINGTON — Texas Gov. Mark White says the gov ernment’s pilot project forcing Mexicans to get temporary cros- sing passes through two consu lates shows a “benign neglect” toward the people of the finan cially troubled border areas. Previously, Mexicans could enter the United States for up to 72 hours and stay within 25 miles from the point of entry by acquiring a temporary crossing It’s as easy as renting a Ryder truck, one way. We Know How To Take Care or the Student Body. Compare costs before you make plaria for moving at the end of Hie semester. If you’re 18 or older and have a valid driver’s license, you can use a Ryder truck. r ent-it-here. Ica^edt-there. Load up your stereo. 10-speed, clothes: everything-Vou’ll still have room.no doubt, for on c or two friends with thei r things to share the cost. Comparo that to the price of a plane tickcL Or even a bus. Plus shipping. Rent a newer truck from the best-maintained, most dependa ble fleet in the world Ryder. The be£t truck money can rent. Call us at: 775-5082 779-5582 WeTt gladly quote you rates And answer your question^. Come see us. RYDER TRUCK RENTAL AS RYDER CAPI COUPON IN FOR A FREE expires i^/ji/oj • SPECIAL STUDENT GROUPINGS • THREE ROOMS FROM $49.95/MO. • NEW FURNITURE AVAILABLE FEATURING SOLID WOODS • PURCHASE OPTION • LEASE NOW FOR CONVENIENT FALL DELIVERY • BROAD SELECTION • SHORT OR LONG TERM LEASES Visit Certified and get a can cooler or sun visor free. FREE PHONE with your furniture lease. A six month lease for at least $59.95 per month gets you this Quasar phone free! Wick Approved Credit Certified. FURNITURE RENTAL COLLEGE STATION 913-D Harvey Rd. Woodstone Shopping Ctr 764-0721 13” & 19” COLOR TVs AVAILABLE STUDtNT FURNmjRE SftCIAUSTS FOR NEARLY 20 YEARS. to sur fere with pass c alled an 1-586at J ^kljam tion and Naturalization! bridges in Brownsville^ Del Rio and Eagle PaSj Under the INS | luted July 18, entraj obtain the temporary passes at the State Dep consulate offices in Map ac ross die border fro 111 ! sville or in Nuevo Larep from Laredo. White said the ned a 1 Tec:t i ng approximateljl mile stretch betweenj and Brownsville, was I without warning in^ already suffering from the devaluation| fill peso. Whit e said he cancel^ his vacation to meetW with officials to discus 5 which reejuires Mexic want to cross at Eagl f travel 125 miles to i office in Laredo to sing document or to miles to Laredo if the' cross at Del Rio. , s eI ; SUMMERTIME SPECIAL Plzza^ >2 0FF ANY LARGE pizza -Hut ’1 OFF ANY MEDIUM PIZZA northgate 260-9060 COUPON EXPIRS 8/19/83 NOT VALID WITH OTHER OFFERS NORTHGATE SUMMERTIME SPECIAL *2 OFF ANY LARGE PIZZA —OR— >1 OFF ANY MEDIUM PIZZA 260-9060 COUPON EXPIRES 8/19/83 NOT VALID WITH OTHER OFFERS OCT. 1 MCAT /' THERE’S STILL TIME TO PREPAR * IMP Call Days Evenings & We* 1 CLASS STARTS AUGUST e Educational Center Mark Clute, TEST PREPARATION SPECIALISTS SINCE 1938 707 Texas Ave. 301-C In Dallas: 11617 N. Central Expwy. Cali 696-3196 for details lass < obins