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About The Battalion. (College Station, Tex.) 1893-current | View Entire Issue (Jan. 30, 1985)
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College Station, TX 77840 409-764-0466 Carry-out Orders Mixed Drinks US Wednesday, January 30, 1985/The Battalion/Page 13 WORLD AND NATION Black leader says use civil rights law in Goetz shooting Associated Press NEW YORK — A federal pros ecutor Monday said he will meet with a black leader who seeks pros- ecution of Bernhard Goetz in the subway shootings of four young men, but he said his office may not be able to play any role in the case. A grand jury on Friday refused to indict Goetz for attempted murder but did indict him on charges of pos sessing guns illegally. U.S. Attorney Rudolph Giuliani said he would meet Tuesday with the Rev. A1 Sharpton, a black activ ist, and possibly other black and His panic leaders who want the federal government to use civil rights law to prosecute Goetz, who is white, in the shootings of the teen-agers, all of whom are black. Giuliani said a civil rights prosecu tion probably would require a show ing that the shootings were racially motivated, that there was a conspir acy to violate someone’s rights or that there was wrongdoing by a pub lic official acting “under color of law.” He stressed that none of these may be present in the Goetz case. “We will decide whether it is fair, reasonable and appropriate to begin an investigation,” Giuliani said. Goetz, 37, has admitted shooting the youths, saying they demanded $5 from him on a subway train in Manhattan on Dec. 22. A grand jury last week indicted the engineer on charges of illegally possessing weap ons, but declined to bring attempted murder charges. Meanwhile, in a telephone con versation with a friend — taped the day before he surrendered to au thorities on Dec. 31 in New Hamp shire — Goetz said, “If most people would’ve been in my shoes, they would’ve done the same thing. Diversity improves Japan’s economy Associated Press TOKYO — With some drastic trimming and the addition of sortie high-tech accessories, Japan’s out dated textile giants are transforming themselves into companies that look like they have a future. They are doing it by means of di versification, a system well known to their American counterparts. A decade-old recession ravaged what was once this country’s most important industry, and it is still deeply felt in mountain hamlets where thousands of family busi nesses struggle to survive. But for big manufacturers, the troubled times have helped spur a revolution. “We can’t be labeled a recession industry anymore,” Yoshikazu Ito, president of Toray Industries Inc., said at a recent news conference at the Foreign Correspondents Club of Japan. Toray, Japan's leading maker of synthetic fibers, had sales of $3.37 billion in the fiscal year that ended last March 31, up 3.6 percent. Its net income rose to $63.7 million, 59 per cent higher than in the previous year. A more important gauge of how the industry is changing is that only 63 percent of Toray’s production, and less than half its profits, came from fibers and textiles. The company now produces a diz zying diversity of plastics, chemicals and ceramics. Ito Toray first went into plastics in the early 1960s, when textiles were still king in Japan. The big shift to chemicals and other materials came in the 1970s, when the industry was being battered by oil shocks, import restrictions imposed by the United States, and stiff competition from South Korea, Taiwan and other de veloping countries. Toray is not alone. Industry fig ures show the top seven makers now devote about 40 percent of their ef fort to non-textile products, and the government is encouraging further diversification. Risk-takers Survey reports women managing own finances Associated Press NEW YORK — Nine out of 10 single women say they are primarily responsible for managing their own finances, and two-thirds of married women share financial decisions equally with their husbands, accord ing to a survey by the Investment Company Institute. Sixteen percent of married women said they were the chief fi nancial decision-maker at home and 14 percent said their husbands were, the institute said. Among single women, only 7 per cent said they relied on somebody else, although as her income in creases and more complex decisions need to be made, a woman is more likely to rely on advice from others, the institute said. Almost half of the 2,158 women who responded to the mutual fund trade group’s survey said they are willing to assume moderate or sub stantial risk in return for a higher yield on their money. The majority of the women cited retirement as their No. 1 savings goal, with 32 percent saying they had opened an individual retire ment account within the past two years. Most single women, however, said saving for travel expenses was their priority. Only about 16 percent of the women who received survey ques tionnaires responded, the institute said. Their marital status closely matched population estimates, but the respondents had higher incomes and were younger and better edu cated than the population at large. Sixty percent reported they en joyed making financial decisions be cause it gave them a sense of inde pendence and accomplishment. These women, who tend to be younger, also tend to own a greater variety of financial products, com bining both safe and risky invest ments. The 40 percent who found money management burdensome cited lack of knowledge and fear of making a wrong decision, and indicated that after paying the bills, they have little money left to save or invest. These women were more likely to rely on advice and less likely to take finan cial risks. Most women are active savers, with two-thirds saving on a regular- basis — half of whom save 8 percent or more of household income. While 90 percent of the women use a passbook savings account, they view them less favorably and the bal ances in such accounts are lower. One-third of the women reported owning stocks vs. 20 percent five years ago. Girl saves drowning brother Associated Press LAS VEGAS, Nev. — A 10-year-old girl ignored a broken arm and 45- degree water to jump into the family swimming pool and save her 3-year- old brother from drowning. Stephenie Cranson’s brother Kyle was playing near the family swim ming pool Sunday and fell in when he was bumped by the family’s 170- pound Great Dane. Stephenie, her left arm in a cast as a result of a bicycle accident, was playing in a nearby tree when she saw her brother splash frantically, then sink. She jumped into the pool, grabbed her brother and then treaded water while holding him until her 11-year-old sister Shauna could pull him out. The children’s mother, Raeann Cranson, estimated the boy was in the pool for two or three minutes, and said his lips had turned blue by the time he was rescued. Kyle could not shout for help because his hearing is impaired and he knows only a few words, the family said. Michael and Raeann Granson and their five children moved to the home five months ago and have not had enough money to fence off the pool. Cranson is a motorcycle officer with the Metropolitan Police Depart ment. 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Jjl ^ '* % % Where Quality Makes the Difference & M 105 Boyett College Station 846-8794 wtir--tTrrrrfNr>TiitHiMnrii-<rt >101 nri’i wn The Corps of Cadets gets its news from the Batt. Sell it in Battalion Classified 845-2611