Friday, September 23, 1988FThe Battalion/Page 5
What’s Up
Friday
FELLOWSHIP OF CHRISTIAN UNIVERSITY STUDENTS: will have a Bible
study at 6:30 p.m. in 704 Rudder.
PUERTO RICAN STUDENT ASSOCIATION: will meet at 7:30 p.m. at St. Mary's
student center.
CATHOLIC STUDENT ASSOCIATION/NEWMAN: will leave for the “I am the
Light of the World” retreat at 5 p.m. from the student center.
TAMU BADMINTON CLUB: will practice and play the faculty at 7 p.m. in 351 G.
Rollie White.
NATIONAL SOCIETY OF BLACK ENGINEERS: Dr. Duncan will speak at 7
p.m. in 607 Rudder.
ALCOHOLICS ANONYMOUS: call the center at 845-0280 for information about
today’s meeting.
PLACEMENT CENTER: will have an orientation session for all December, May
and August graduates at 2 p.m. in 504 Rudder through today
THE AGGIELAND: Freshmen and sophomores may take their yearbook pho
tos through today at Yearbook Associates behind Campus Photo at Northgate.
CAMPUS CRUSADE FOR CHRIST: will meet at 7:30 p.m. in 108 Harrington.
UNITED CAMPUS MINISTRIES: will have a peanut butter fellowship from 11.30
a.m-1 p.m. at Rudder fountain and a Bible study at 6 p.m. at A&M Presbyterian
Church.
Saturday
CHINESE STUDENT ASSOCIATION: will have a mid-autumn (mooncake) festi
val at 7 p.m. in 701 Rudder.
INDIA ASSOCIATION: will have a picnic and membership drive at 4:30 p.m. at
Hansel Park.
TAMU SPORTS CAR CLUB: will have a road rally at 3 p.m. in the Zachry park
ing lot.
Sunday
AGGIE ALLEMANDERS: will have square dance lessons from 8 p.m. - 9:30
p.m. in 212 MSC and a club dance afterward.
BRAZOS BOWMAN ARCHERY CLUB: will have a 3-D Broodhead shoot at 2
p.m. at the bow range on Highway 60.
DEBATE SOCIETY: will host the televised presidential debate at 7 p.m. in 150
Blocker.
ALCOHOLICS ANONYMOUS: call the center at 845-0280 for details on today’s
meeting.
TAMU INTERNATIONAL FOLK DANCERS: will teach beginning and interme
diate line, circle and couple dances at 8 p.m. in the MSC. Check the monitor
screen for the room number.
ALPHA EPSILON DELTA: will have a picnic at 5 p.m. at Southwood Athletic
Park. The club will supply the drinks.
Monday
GREEN EARTH SOCIETY: will meet at 8:30 p.m. in 704 Rudder.
EXTERNAL AFFAIRS OF THE STUDENT GOVERNMENT: will have a meeting
for everyone interested in joining external affairs at 8:30 p.m. in 402 Rudder.
NATIONAL ORGANIZATION FOR WOMEN: will meet to organize semester
events and elect officers at 8:30 p.m. in 607 Rudder.
INTRAMURALS: entries open for tennis singles, golf doubles and weightlifting
at 8 a.m. in 159 Read.
DEBATE SOCIETY: will have tryouts for the first semester debate “Should The
Last Temptation of Christ’ be banned from A&M?” at 7 p.m. in 136 Blocker.
POLITICAL SCIENCE SOCIETY: will meet at 7 p.m. in 607 Rudder.
UPSILON PI EPSILON: will have a pledge meeting and certificate distribution at
8 p.m. in 128 Zachry.
BLACK GRADUATE STUDENT’S ASSOCIATION: will meet at 7 p.m. in 302
Rudder.
TAMU COLLEGIATE 4-H: will have a pizza party at 7 p.m. at Mama’s Pizza.
PHI THETA KAPPA ALUMNI: will meet at 7:30 p.m. in 604 Rudder.
Items for What's Up should be submitted to The Battalion, 216 Reed McDonald,
no later than three business days before the desired run date. We only publish
the name and phone number of the contact if you ask us to do so. What's Up is
a Battalion service that lists non-profit events and activities. Submissions are run
on a first-come, first-served basis. There is no guarantee an entry will run. If you
have questions, call the newsroom at 845-3315.
Regulators clear
bank’s assumption
ROCKDALE (AP) — Federal reg
ulators on Thursday approved the
assumption of a failed bank by a
Cameron institution and said it will
reopen as its branch.
Community Bank and Trust in
Rockdale, with total assets of $14.9
million, was closed on order of
Texas Banking Commissioner Ken
neth W. Littlefield. The Federal De
posit Insurance Corp. was named re
ceiver.
The failure was the nation’s 165th
this year, with 97 in Texas.
The FDIC board of directors ap
proved assumption of the failed
bank’s deposits and fully secured lia
bilities by The Citizens National
Bank of Cameron in Cameron,
Texas.
Littlefield said liberal lending
practices by former management,
agriculturally related loan losses and
distressed local economic conditions
contributed to the bank’s failure.
Efforts to recapitalize the 10-year-
old bank, some 60 miles northeast of
Austin, were unsuccessful, Little
field said in a statement.
The failed bank’s sole office will
reopen on Friday as a Citizens Na
tional Bank branch, said FDIC
spokesman Caryl Austrian in Wash
ington. The failed bank’s depositors
automatically will become depositors
of the assuming bank, subject to ap
proval by the aproproiate court.
Austrian said Citizens National
will assume about $14.3 million in
2,100 deposit accounts, and will pur
chase $13.8 million of the failed
bank’s assets at a discount of
$3,816,000.
“The board of directors approved
the deposit assumption under its au
thority to do so whenever it’s deter
mined that such a transaction wil re
duce the potential loss to the FDIC,”
said Austrian.
She said the transaction would re
sult in a lower cost to the FDIC than
if the assets were held and liquidated
in receivership.
U.S. House delays
Big Thicket votes
BEAUMONT (AP) — The U.S.
House of Representatives delayed a
vote on a controversial bill that
would add 14,000 acres to the Big
Thicket National Preserve, pending
notification of longterm costs to the
government and property owners.
The week-long delay Tuesday
came at the request of Republicans
on the Interior and Insular Affairs
Committee, which sent it to the
House.
Republicans on the committee
sided with timber companies, prop
erty owners and local governments
who fear the action will cause them
financial harm.
The National Park Service has
been asked to inform Congress what
the longterm costs of the addition
would be.
Supporters and opponents expect
the House to approve the measure if
it reaches the floor. Its fate in the
Senate is less certain, however, and
time is running out for action in this
session as members race toward ad
journment in early October.
If Congress fails to act this year,
sponsors would have to start over in
the new Congress, which convenes
next January, and go through the
committee process again.
The bill, titled the Big Thicket
National Preserve Addition Act, is
strongly supported by Rep. Charles
Wilson, D-Lufkin, who represents
the district that includes the land.
Neither Wilson, nor any other
Texas member, serves on the com
mittee, which has jurisdiction over
the Department of the Interior,
which oversees national parks.
The committee’s report stated
that the additions made by the bill
“are not only individually signifi
cant, but especially in the case of the
creek corridors, they tie together
existing unconnected units and pro
tect waterways that have a crucial im
pact on wildlife habitat and the qual
ity of the ecosystem.”
Foreign investment could
narrow competitive edge
WASHINGTON (AP) — Exces
sive foreign investment of high-tech,
defense and energy industries could
narrow the country’s competitive
edge and endanger national secu
rity, Rep. John Bryant testified
Thursday.
The sheer magnitude of foreign
investment in those industries “has
already resulted in increased foreign
influence and leverage in U.S. eco
nomic policy-making and political
decision-making,” the Dallas Demo
crat told the House Foreign Affairs
subcommittee on trade and interna
tional economic policy.
But Bryant believes the U.S. gov
ernment is ill-equipped to compre
hend the surge in foreign ownership
because it does not require overseas
companies to disclose basic informa
tion about their domestic holdings in
a way that is useful for analysis and
decision-making.
“Our current ignorance hand
icaps our ability to responsibly man
age our own economy,” Bryant said.
“We don’t have enough information
even to know with confidence all the
questions we should be asking."
Bryant warns the country may be
“trading our economic sovereignty
for a security blanket of foreign
money, not to foster long-term eco
nomic growth, but to sustain a high
national lifestyle. To finance budget
deficits and pay for foreign prod
ucts, America has been selling off its
productive capacity — selling off
family jewels to pay for a seven-year
night on the town.”
The sponsor of the Bryant
Amendment to require foreign own
ers to register their major U.S. assets
with the Commerce Department,
Bryant calls the rise in foreign own
ership the “greatest change now tak
ing place in our economy. ’
Critics of the measure contend the
information is already gathered by
more than a dozen agencies and that
the reporting requirements are
onerous, anti-competitive, and
would create a massive bureaucracy.
The bill is stalled in a Senate com
mittee although an aide to Bryant
said Speaker Jim Wright has prom
ised a vote would be taken in the
House before its scheduled October
adjournment.
According to the best available es
timates, Bryant said, foreign invest
ment over the past seven years in
American farmland, factories,
banks, businesses, buildings, govern
ment securities and other assets has
tripled to more than $1.5 trillion.
Norman J. Glickman, a professor
at the University of Texas’ Lyndon
B. Johnson School of Public Affairs
in Austin, testified that Commerce
Department data indicate that for
eign ownership of American compa
nies is still relatively small. Only
about 3 percent of workers and 8
percent of productive assets are un
der foreign control and that the in
flux so far does not pose a danger to
economic security.
“But unless we set our economic
house in order, we could be in for
some serious problems of external
control in the future,” Glickman
said.
Glickman said data collection
must be beefed-up and that not
enough information is available
about foreigners’ activities “to make
smart policy decisions.”
Blood drive
does not reach
projected goal
By George Watson
Staff Writer
The TAMU-BU APO Blood
Drive continued Thursday collecting
294 pints of blood, bringing the total
for two days to 553.
“The total is far from our goal of
1766 pints,” Lynda Falkenbery, Red
Cross assistant administrator, said.
The drive, sponsored by Omega
Phi Alpha and the Aggie Blood
Drive Comittee, has been running
since Wednesday. It is a contest be
tween A&M and Baylor University
to see who can collect the most
blood. Baylor won last years contest
with a turnout of 4.5 percent. A&M
had a turnout of just over 2 percent.
Falkenbery said she hopes for a
turnout tomorrow of about 300 to
350 donors.
Blood will be collected at The
Commons from 11 a.m. to 5 p.m.
and at Rudder Fountain from 10
a.m. to 4 p.m. Each school that col
lects 4.5 percent of their student en
rollment will receive a trophy during
the pregame festivities of the Bay
lor—A&M football game October
15.
•f? AM/PM Clinics
CLINICS
Our New College Station location
offers
Birth Control Counseling
Women’s Services
Female doctors on duty
Student 10% discount with ID 693-0202
These are moments
you'll never forget!
Capture your memories with portraits
from
195
Sitting for 2 people,
proofs & negative
ready in 2 hours
$19
95
2-8xl0 , s
4-5x7's
20 wallets
1-2 day service
Manor East Mall 779-0402
110 Dominik 764-0601
Store hours: Mon-Sat 10-2pm & 3-7pm
Dominik location only: Sun 12:30-5:30pm
No Appointment Necessary!
Qthop/
/
edic
ssociates
Douglas M. Stauch, M.D., P.A.
James B. Giles, M.D., P.A.
Mark B. Riley, M.D.
Board Certified - A.B.O.S.
• ARTHROSCOPY • ARTHRITIS
• TOTAL JOINT REPLACEMENT
• SPORTS MEDICINE
• LUMBAR DISC SURGERY
• HAND SURGERY & FOOT DISORDERS
NEW LOCATION:
Brazos Valley Medical Plaza
1602 Rock Prairie Road, Suite 360
College Station • 693-6339
Snakes...
'Tropical fish
-Pet Supplies
and
'Rabbits & Guinea Pigs
'Reptiles
1703 Texas ‘Browij’s
Culpepper Plaza p| SH . ^ . p ETS
693-6547
THE SCREAMING
■TRIBESMEN
+ Flowers
$&99/
or lp m
$4099
H? Jm co * PACJ
The Tribesmen combine the best elements of pop melody
with the basics of good, solid guitar rock. Every song on their
debut album, Bones And Flowers, is catchy, crunchy and
bears repeated listenings.
Prices good for one week
IP's Not Available In All Stores.
VISA
We’re Entertainment!
Culpepper Plaza
NO!
TP DRUGS
SCHULMAN
2.50 ADMISSION
1. Any Show Before 3 PM
2. Tuesday - All Seata
3. Mon.-Wed. - Local Students With Current ID's
4. Thur. - KORA "Over 30 Nlohr
THEATRES
•DENOTES DOLBY STEREO
SCHULMAN 6
2002 E. 29th
775-2463
| ‘BIG po
7:20
*50 |
s DOl_l_AR DAYS
MARRIED TO THE MOB po
7:13
*43 1
UCENSE TO DRIVE po-ii
7:1 S 1
»:30
SHORT CIRCUIT II po
7:09
0:23
BULLDURHAM *
7:10
PLAZA 3
226 Southwest Pkwy
693-2457
1 'COCKTAIL r
7:05
0:43
•STEALING HOME po-is
7:15
0:40
|‘ARSH CALLED WANDA *
7:10
0:99
MANOR EAST 3
Manor East Mall
823-8300
COMING TO AMERCIA *
7:23
0:30
•WHO FRAMED ROGER RABBIT po
7:03 •
0:33
WILLOW
•DEAD RINGERS w £1$
FROM THE DIKECtOR OF THE FLY”
COMES A NEW KIND OF THRILLER.
TWOBODII-S.
TWO MINDS.
ONI: SOU
nAVinci<( « .s
TOUCMSTONt
JOOIE FOSTER MARK HARMON
STEALING HOME
[EDDIE MURPHY
COMING TO
America
iP/.w
® A PARAMOUNT PICTURE
T*fcuorvMGMTOtMin ruuMmvr runup*nmfinwiioN. ui bm.mtxRfxutvKa
COMING SOON
HEARTBREAK HOTEL
EIGHT MEN OUT
PUNCHLINE
IMAGINE: JOHN LENNON
MEMORIES OF ME
/ It out in
The Battalion
Classified