Thursday, September 8, 1988/The Battalion/Page 11
V
eniors, graduate students must
fill out paperwork for graduation
By James Ezell
■ Staff Writer
1M Seniors and graduate students
who will graduate at the end of the
current semester in December must
A fill out a degree request form before
^[| 5 p.m. Friday.
Ill Seniors should go to Heaton Hall
' ' for their forms. Graduate students
^DfS are instructed to go to the office of
^ B'aduate students at the Olin Tea-
Hue Research Center.
“A lot of students think that be-
jLJpcause they have paid their diploma
■^Ree that everything is done,” Don
n Gardner, Asssociate Registrar, said.
I HP are our biggest problem. This
“A lot of students think that because they have paid
their diploma fee that everything is done. They are
our biggest problem. This is very important for all se
niors and grad students to do”
— Don Gardner,
Associate Registrar
is very important for all seniors and
grad students to do.”
Gardner requests that all seniors
stop by his office at Heaton Hall to
apply for their degrees. Additional
information, such as audits, will be
mailed to seniors as it becomes avail
able. This information cannot be
sent if a senior or grad student does
not fill out the proper form.
Seniors will also be able to verify
that they have completed the nec
essary coursework needed for grad
uation. In addition to verifying
classes, they will have a chance to
make sure their diplomas will be cor
rect.
Graduation announcements will
be on sale until September 29 at the
Student Finance Center in the Me
morial Student Center in Room 217.
Orders will be taken Monday
through Friday from 8 a.m. to 4
p.m.
A paid fee slip is required at both
offices to fill out the degree request.
Students who have not paid their di
ploma fee of $15 may do so at the
Pavilion.
Publisher appointed to Houston paper
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HOUSTON (AP) — William
ean Singleton, chief executive offi-
er of the company that owns the
ouston Post, is taking over as the
ewspaper’s publisher, succeeding
onald F. Hunt, the Post announced
ednesday.
The appointment of Singleton,
ediaNews Group’s vice chairman
|md chief executive officer, became
ffective Tuesday, the newspaper
eported.
Hunt will assume duties as presi-
ent of MediaNews International, a
lew company owned by Singleton
nd MediaNews chairman Richard
Scudder, which was formed for in
ternational acquisitions.
Singleton and Scudder own Me
diaNews Group, parent company of
the Post, the Denver Post and 47
other newspapers in nine states.
“We decided several months ago
that we wanted to expand our opera
tions outside the United States,” Sin
gleton said.
“Our newspapers have been very
successful here, and there are some
good opportunities in Great Britian
and other parts of the world,” he
said.
“We wanted someone with inter
national experience to run the com
pany and Don has that experience,”
he said.
Hunt held several positions with
Canadian newspapers including a
stint as general manager of the To
ronto Sun before he moved to Hous
ton.
Singleton moved from Dallas to
Houston after he announced in June
that MediaNews Group had sold the
Dallas Times Herald.
At the same time, he announced
that MediaNews Group was moving
its corporate headquarters to Hous
ton.
He said he was looking forward to
being publisher because he has
missed running a newspaper for the
past five years.
In other moves at the newspaper.
Post Vice President and General
Manager Jerry Jackson will become
vice president and assistant to the
MediaNews president.
Robert Hollingsworth, former ex
ecutive vice president and general
manager of the Times Herald, will
replace Jackson as executive vice
president and general manager of
the Post.
ush makes mistake in speech to veteran
From Associated Press
Republican George Bush caused a
Inomentary stir Wednesday at an
American Legion convention in
^ouisville, Ky., when he mistakenly
referred to the day as the anniver
sary of the Japanese attack on Pearl
1 arbor.
“I wonder how many remember
[today is Pearl Harbor Day,” Bush
pld the veterans. “Forty-seven years
ago to this day we were hit and hit
jhard at Pearl Harbor and we were
lot ready.”
He went on, but then, alerted by
the murmuring among the 6,000
veterans in the audience, Bush
abruptly stopped and said:
“Did I say Sept. 7? Sorry about
that.”
The attack was on Dec. 7, 1941.
Later, speaking before a Jewish
group he criticized Democrat Mi
chael Dukakis as having trouble
making up his mind on whether to
support or oppose creation of a Pal
estinian state.
Bush and Dukakis were speaking
to a B’nai B’rith convention in Balti
more.
The vice president was the first to
address the Jewish group and he un
derscored the closeness of U.S.-Is
rael relations.
“No threat, no stone thrown, is
strong enough to divide us. No
wedge will be driven between us,” he
said.
Bush declared his opposition to
creation of an independent Palestin
ian state in the Middle East and crit
icized Dukakis, although he didn’t
mention him by name.
“My administration would not
support the creation of any Palestin
ian entity that would jeopardize the
security of our strategic ally, Israel,”
he said.
“Anyone who has trouble making
up his mind on this issue, or who
proposes to leave it open, just
doesn’t understand the dangers to
Israel and to the United States,” he
said.
Commercial banks
enjoy good profits
in spite of losses
WASHINGTON (AP) — The
nation’s commercial banks en
joyed their most profitable six
months on record through June
this year, despite continuing
losses in Texas, the government
said Wednesday.
“You could hardly ask ... for
better,” Federal Deposit Insur
ance Corp. Chairman L. William
Seidman said.
Commercial banks earned
$10.5 billion in the first and sec
ond quarters this year, topping
the $9.7 billion in net income for
the second and third quarters of
1985, which had been the most
profitable six months since the
FCIC began keeping track in
1934.
In the first half of last year,
banks lost $5.4 billion. The big
loss was almost entirely attributa
ble to huge reserves set aside by
the largest banks for expected
losses on loans to Third World
countries.
Banks haven’t seen the need to
build those reserves further this
year and are thus earning strong
profits. Banks set aside $916 mil
lion on foreign loans in the first
six months of this year, compared
with $16.4 billion in the same pe
riod a year ago.
“We think . . . we will see re
cord profits for the year if the
economy continues on its current
level,” said Seidman, whose
agency insures commercial banks
deposits up to $100,000. The
most profitable year for banking
was 1985, when the industry
posted earnings of $18.1 billion.
The April-June period of 1988
was the second most profitable
quarter on record, after the July-
September quarter of last year,
when banks reported $5.8 billion
in net income.
However, the banking picture
remained bleak in Texas, a state
troubled by soured real estate
prices and a depression in the oil
industry. Banks there lost $2.9
billion in the first half, with $2.3
billion of that attributable to a sin
gle institution: First Republic-
Bank Corp. of Dallas, which has
“We think . . . we will see
record profits for the year
if the economy continues
on its current level. u
— L. William Seidman,
chairman, FDIC
since been rescued with $4 billion
in federal money.
Elsewhere in the oil-dependent
Southwest, banks earned modest
profits.
Seidman said he hoped that
the condition of banks in Texas
would improve now that so many
have been closed or merged with
healthier institutions. At the end
of August, 173 banks had failed
or required government assis
tance to stay open. Ninety-seven
of those — including 42 First Re-
publicBank subsidiaries — were
in Texas.
Seidman said failures would
continue at the same rate this
year, setting a post-Depression
record, but then decline next
year.
In the Midwest, battered ear
lier in the decade by farm bank
failures, the profitability of most
banks has been restored. In the
first .half, 7 percent of banks in
Iowa, Kansas, Minnesota, Mis
souri, Nebraska, North Dakota
and South Dakota lost money,
compared with nearly double that
amount a year ago.
Farm losses caused by this year’
drought may check the im
provement in banks in the region,
but Seidman said Midwestern
banks should be able to weather
any difficulties because they’ve
lent more carefully than in the
past and because of government
aid to farmers.
Other figures cited by the
FDIC include:
• The number of unprofitable
banks has dropped from 2,243 in
the first six months of 1987 to
1,729 this year.
Find Out Why These 1987 - 88 Aggie Graduates
Elected to Pursue a Career with
Arthur Andersen & Co.
DALLAS
John Akard
Kevin Albright
Michelle Atchley
Mark Beavers
David Booty
Christopher Curran
David Dorsett
Bret Farrar
John Fite
Eugene Harris
Michele Hartwick
Mary Hendricks
Leigh Jones
Greg Lenzen
Jennifer Lofland
Scott Marek
Margot Mayer
Brian Elliott
Laura Land
Joey Pospisil
Stephen Vezendy
Larry McElroy
Vara Fletcher
Sheri Lathrop
Jan Rankin
Jill Volberding
Julie Moore
Daniel Fortune
Jeffrey Mackey
David Reed
John Warner
Michelle Rother
Monica Frazer
Molly Malone
Jeffrey Rees
Andrew Whelan
Joan Schafer
Lynn Garland
Jon Malstrom
Russell Renfro
Leanne Whitis
Brian Walker
Alfredo Gutierrez
Michele Margo
Gayle Renfroe
Carolyn Whitten
Karen Hablinski
Monique McCoy
Jim Sanded
HOUSTON
Wade Henderson
Jimmy McDonald
David Schwarzbach
OTHER
John Alger
Elizabeth Hill
Philip Meacham
Scott Seabolt
Scott Cosman
Mary Borza
Ernest Huntley
Beth Mitchell
Jacqueline Sentmanat
Edward Fowler
Gregory Braddock
• Lies! Jankowski
Elizabeth Muir
Rosemary Simmons
Edwin Hinson
Bryant Brown
Eric Kelly
Linda Muras
Brian Smejkal
Anthony Lordi
Susan Cassity
Edward Kerschner
Kelly Nimmo
Chip Staton
Greg Nihill
Layne Cole
Dave Knowles
Jeff Pepper
Wade Stubblefield
Erin Shaw
Kenneth Cunningham
Drew Koecher
Susan Peterman
Angelyn Tarrant
Kah Yee Wong
Lisa Cunningham
Richard Kolodziejcyk
John Porche
Kristen Thomas
Catherine Deangelis
Suzette Kynor
Linda Porter
Marta Troche
n
3
•di
*
*'
Arthur
Andersen
To find out about our
Management Information
Consulting Practice,
attend a
PRESENTATION & RECEPTION
Tuesday September T 3,1988
College Station Hilton - Bluebonnet Room
6:30 p.m. - 8:30 p.m.
Casual attire - refreshments provided
All Masters candidates in business and computer science as well as senior undergraduates
in engineering, accounting, finance, computer science and BANA are invited.
We will be Interviewing on campus for Audit, Tax & Consulting positions September 28-30.