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About The Battalion. (College Station, Tex.) 1893-current | View Entire Issue (Oct. 20, 1983)
Thursday, October 20,1983/The Battalion/Page 9 ncome and spending up from September United Press International ASHINGTON — Amer icans’ income and spending grew more strongly in Septem- ; it trainingfe Hrthaii they had since May, set- the stage tor an unex- ' Hctedlv vigorous finish lor the datn™'ntkH| 83 economy, the government said Wednesday. | Personal income rose a heai- 0.9 percent last month, while nding jumped 1.5 percent, ie most growth for both pillars of the recovery in five months, the Commerce Department said. The report, which also re vised upward consumer spend ing for both July and August, provided one of the last remain ing ingredients necessary for the most important economic in dicator, Thursday’s quarterly measurement of U.S. gross na tional product. After second-quarter growth that set a five-year GNP record at a 9.7 percent annual rate, the third quarter to be measured Thursday may not be far be hind, analysts said. The result is a stubborn momentum for the recovery that could make the current fourth quarter a happy surprise for economists, who had pre dicted the recovery’s strength would be waning by now. “We’ve got a good head start on the fourth quarter because we’ve finished the third quarter in most respects on a very strong upbeat,” Commerce Depart ment chief economist Robert Ortner said. “It begins to look like the con sensus 4.5 percent to 5 percent GNP forecast for the (fourth quarter) economy may have been too low.” The report on the nation’s personal income showed it climbed, at an annual rate, by $25.2 billion in September to what would be a seasonally ad justed $2,781 trillion if repeated for 12 months. In August income was up only 0.3 percent and spending drop ped 0.2 percent, according to re vised figures. The nation’s disposable in come, after income tax with holding, was up 1 percent in September after a 0.2 percent rise in August. Because of the low inflation rate, “Most of this is real growth,” Ortner said. The savings rate slipped to 4.5 percent of disposable in come in September, under the average for July, August and September that the department said was 4.7 percent. Savings averaged 5.8 percent of spendable income last year and analysts expect the rate to creep up again, at the expense of spending. “I doubt very much if spend ing will continue to outpace the growth in disposable income,” Ortner said. Personal spending is a some what broader measure of con sumer enthusiasm, the biggest factor sustaining the recovery, than retail sales — up 1.6 per cent for September. ■ tMiIher laud picture espite Soyiiz shuttle failure Cosmonauts are not ‘stranded’ AGGIES;! United Press International niversityofljHMOStX)W — the long (light reakonthell lw0 Russian space station cos- ities Prograj" i ni " iauts * s continuing normally 'ower. despite last month’s launch fai- P MAMTtlfi R e °f a h esh Soyu/ spaceship ‘ ip bring them home, an official 1 ower ’ said Wednesday A Western ex- . be enteralsj'pert said another Soyu/ was ex- 10 am. tofyjtdperted to be sent up soon. udgingwiliyB-Evge n i i Tabakaev, an onals in theiri,Academy of Sciences space spe- i1®lisi. said reports that cosmo- iiiiiiiitGPRni ! W uls Vkulhnh l.yakhox and iter atTcxasli! Alexander Alexandrov were iwl Reijr3B anc ' c ^ 1,1 s P a< c aboard Salvul nt Activities/ ^ r ere '‘ a ' )SO ‘ uU 'lv untrue." He H^Bd the crewmen were in no Sanger. In addition to the Sept. 27 launch pad explosion, an au thoritative American magazine said last week the Salyul 7 space station experienced a serious propellant leak Sept. 9 which knocked out half the station’s control jet system. Aviation Week 8c Space Technology said the cosmo nauts prepared at the time for an emergency return home in their attached Soyuz but were allowed to continue in orbit. “Their transport ship Soyuz can bring them back to Earth. There is no leakage in the trans port ship,” Tabakaev said, refer ring to Western reports that the cosmonauts were in trouble. “The cosmonauts are alive and living normally.” Jim Oberg, a U.S. authority on the Soviet space program, said in Huntington Beach, Calif., that two other cosmo nauts were to have been laun ched in the new Soyuz last month to relieve Lyakhov and Alexandrov and thus keep the space station continuously occu pied in orbit. Lyakhov and Alexandrov were to have come home in their old Soyuz, Oberg said. Western experts said Soviet officials limit the time a Soyuz remains in orbit to about 115 days for fear that longer exposure to the space en vironment might degrade some systems. The crew was launched in their Soyuz June 17 and the transport craft has now been up 114 days. “I would suspect they are re luctant to fly this back,” Oberg said. But he added that the Soyuz was available in case an emergency forced Lyakohv and Alexandrov out of the space sta tion. Tabakaev said he knew no thing about reports the Soyuz spacecraft had a limited life. “The cosmonauts have been in space a very long time and we can’t say how long they will be there. It depends on scientific techniques,” Tabakaev said. Aviation Week magazine said the replacement crew for Salyul 7, Vladimir Titov and Gennady Streaklov, escaped death when emergency rockets pulled their capsule away from the explod ing rocket last month. Oberg said there were indica tions the Soviets were preparing to launch an unmanned Soyuz from another firing pad at the Tyuratam launch site, possibly as early as Thursday or Satur day. He said it could be flown automatically to Salyut 7, dock ing two days after launch. This was done with another Soyuz in 1979. DISCOUNT MUFFLERS AMERICAN AND FOREIGN CAR SPECIALIST mrmn FITS MANY SMALL CARS PARTICIPATING DEALERS FOREIGN CARS CUSTOM DUALS HEAVY DUTY SHOCKS CUSTOM PIPE BENDING BRYAN 408 South Texas Ave. (Cornerof sothst.)... 775-01 88 Individually Owned & Operated IN AND OUT IN 30 MINUTES IN MOST CASES IN AND OUT IN 30 MINUTES IN MOST CASES f^Q^j OPEN DAILY AND SAT.8-6 PM SB Copyright ©1983 Melneke 1 onvicted Chinatown killer sentenced to die in the GRI officials uilty of the ft United Press International ■SEATTLE — Gonvicted mass murderer Kwan Fai "Willie” Mak was sentenced to die Wednesday for the shooting is the second-lad 6 ' 11315 of 13 people inside a Chi- re andwiths Ifuwn gambling club, d temperature!* Ma ^ 22, a Hong Kong im- ne. Because;: : m ^8 ranl ’ showed no emotion nflammable: ai 'd indicated be had nothing to strial nses.as*! 53 ) before King County Super- mnlirafinnt kiioi Court ludge Frank Howard nmemsand»i in |P osecl llie penalty, ideal productiN 33oward > vv .h° presided over ural gas and hi in the huge Hd i extends throtii Kansas and and T exas. Sa j field is theliij helium in die I federal govern ling the helim 11(1 Storage hs United Press International illo, SawaulivaB DES MOINES _ AGRI In- ghths o( the n distries and three of its top offi- .•cision,oraborii*| s were convicted of conspira- II be paid.to nr|| Wednesday in the theft of cers, Sawatzb■oo.OOO worth of government wheat from a T exas warehouse Iasi spring. CfTPIlB U-S- Attorney Richard Tur- U 3 UUfe, chief prosecutor in the two- . # i week trial, said the giant West I Tin KS M°i nes -based grain cooper ative must either “clean house” or lose its federal license. VCuI E 3111 very concerned about / the company’s future,” Turner 'v Bd. “The company is very im- I Press Interne P 0I tallt to the State, bill the gOV- sj Texansspf'frnmerit can’t tolerate people ore on mixed! 'fe that who steal grain.” e past threedI Executive vice president Pat ime periodavei Devlin, 51, transportation vice ptroller Bob! president Tom Williamson, 38, lesday. an<3 g ra hi division Chief Jack .saidcollectioBi i |ry ard > 43, each face five-year percent mixedwp on sentences and $10,000 n the thirdmF 1165 - AGRI could be fined to $37.2 mil 510,000. md countiesrftwT W0 other AGRI executives (rebate on then '' ,ere found innocent — Texas bin their bm Operations Chief Michael tate receivestlROowd, son of company presi- te tax receipis. f* enl B J- O’Dowd, and Fort this year,die* ort b warehouse superinten- has brought ini deilt R - F - Nelson. ■ U.S. District Judge Harold the trials of Mak and co defendant Benjamin Ng, 20, also sentenced Mak to life in f irison for the premeditated irst-degree assault of 61-year- old Wai Chin, the lone survivor of the Feb. 19 massacre, who tes tified at both trials. The judge also denied a mo tion by Mak’s attorneys for a new trial and approved documents containing an automatic appeal of Mak’s sentence that will be sent to the State Supreme Court within 10 days. Mak was convicted Oct. 5 of 13 counts of aggravated first- degree murder for the deaths of 12 men and one woman partici pating in secret, high-stakes games of Pai Kew inside the Wah Mee Club in the early morning hours of Feb. 19. The victims were tied and shot at dose range in the back of the head. Victor set sentencing for Nov. 18. Defense attorney Bill Kutmus vowed to appeal the guilty ver dicts, claiming “hearsay” testi mony from Thomas Duffy, for mer AGRI grain division chief, was allowed during the trial. Duffy allegedly was fired af ter criticizing top executives for the theft. “The fact two train loads of government wheat were taken was pretty hard to cover up,” Turner said. “But the fact Tom Duffy was sacked over this hurt them (the defense) more than anything. It seemed out- rageous.” AGRI and six executives were indicted for conspiracy in the re moval of 133,000 bushels of gov- ernment wheat from a Fort Worth, Texas, warehouse for use at a Houston shipping port in May. B.J. O’Dowd and several other executives were not in- dieted but were named as co conspirators. The prosecution claimed the company took the wheat to avoid paying $6,000-a-day penalties for getting a shipment out of the Houston port late. OFF THE CUFF BY BOB DODSON Too many people quit looking for work when the find a job. What’s black and white and red all over? A sunburned penguin. Don’t decide to retire until you’ve stayed home for a week and watched the daytime TV shows. The first thing a dieter has to learn is: goodies are baddies. Men’s Wear our easy-care slacks have expandable waist bands by Haggar and San- sabelt THE VALUE PLACE HERITAGE \X--: sy.,/ ,.. 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