The Battalion. (College Station, Tex.) 1893-current, September 25, 1996, Image 8

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    Studying in the USA
Sure, it’s tough. That’s why every
International Student needs this.
" rtetn ^" a '
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Call 1 800 533-6198.
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Call off the search for inadequate
entertainment this Friday night.
Haven’t you heard? Freudian Slip is back!
Friday, Sept. 27
Rudder Theater @ 9 p.m.
Tickets are on sale at the MSC Box Office.
$4 in advance & $5 the night of the show
F R &MPJ A N
FROM
Finals
TO
Finance.
You’re not done blazing your trail. Not by a longshot. Being a success in school is just the first step.
Beginning a successful career is your next. Starting with branch banking, for over 140 years, Wells Fargo has
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the superhighway, and moving into the supermarket.
So as you venture into the uncharted territories of the professional world, consider a company that shares
the same innovative visions and pioneering values as you. Explore the new frontier of career opportunities at
Wells Fargo. We will be on campus for the following:
BA INFORMATION RECEPTION
BA INTERVIEWS
Tues., Oct. 1st
Mon., Oct. 28th
6:30pm - 8:00pm
8:30am - 5:00pm
J. Earl Rudder Conference Center, Room 401
• V
Career Center
• PERSONAL BANKING OFFICERS
• BANKING CENTER MANAGERS
• OPERATIONS ANALYSTS
• RELATIONSHIP MANAGER DEVELOPMENT PROGRAM
Stop by the Career Placement Center today to schedule an appointment with our Representatives.
WELLS FARGO
EOE, M/F/D/V
Ilk X The Battalion
W ATIniv
X i xm. jl j. 11
PdC:
Wednesday • September25,11
Fed opts to leave interest rates aloi
WASHINGTON (AP) — The
Federal Reserve, split over raising
interest rates, opted Tuesday to
do nothing six weeks before vot
ers go to the polls. President Clin
ton said the decision “shows we
have got a strong economy with
no inflation.”
The central bank’s decision fol
lowed nearly five hours of closed-
door internal debate by the Fed
eral Open Market Committee, the
group of Fed board members and
regional bank presidents who
meet eight times a year to set in
terest rates.
In advance of Tuesday’s meet
ing, the last before the Nov. 5
election, a number of economists
had predicted the central bank
would launch a pre-emptive
strike against inflation by nudg
ing interest rates higher. It would
have been the first increase in Fed
rates in 19 months.
While some private econo
mists worried that the central
bank’s inaction threatened rising
prices down the road, President
Clinton welcomed the decision as
a confirmation of his campaign
claims about the U.S. economy.
“It shows we have got a strong
economy with no inflation. I am
glad about that,” Clinton told re
porters during a campaign stop
in Freehold, N.J.
GOP nominee Bob Dole com
plained that interest rates under
Bill Clinton are still “higher in
Federal interest rates
The Federal Reserve left interest rates unchanged Tuesday. The Fed conte
federal funds and discount rates; banks may change the prime rate in re:
oa Prime rate _ Federal funds Discount rate
10%
2C
By l
The
1990
1992
1994
every category.’’ His running
mate, Jack Kemp, had pledged be
fore lliesday’s meeting to "ban on
the Fed” if raised rates.
The reaction in financial mar
kets was mixed. The stock market
initially shot up by 50 points, but
those gains were quickly whittled
away by profit-taking.
The Dow Jones industrial av
erage ended the day down 20.71
at 5,874.03.
But the bond market, always
worried about the future course
of inflation and interest rates,
rallied with strong demand
pushing the yield on the bench
mark 30-year Treasury down to
’s going to b
he 20th-ran
iall Team break:
tonight ag;
Diversity o
kite Coliset
■he Longho:
< la No. 5 rar
■ the Lady A
leci ng Texas to
|UT] is a re;
6.99 percent.
An unprecedented leaiMJggl iq oc i^j
week showed that e *ght<ii l 0I1 ) ” a&M
Fed s 12 regional banks«| ie SmedsrU(
pushing for an increase in errors Bl
es. rates. The Fed has repor,| chread to v
asked the FBI for help mm|j c j (ed t() wi
gating the source of theleal l by a | ea ^ u
Some economists viewt
, , , . irecent years,
hawks at^the regional banks; | b0wn a 43 _
n T? " " ~ es. A&Mhas
fluence the Fed’s debate.
“Greenspan probably real!
sented that leak and it may
made him dig in hisheelsats
any change in policy,” saidBa
Steinberg, an economist at Me:
Lynch in New York
m UT has doi
Border Patrol investigates refugee!
Southwest C
ifinals in 19S
[ast year, th
;d all three n
fon the first n
|MM Head C
solid servir
[keys to the it
I We have to s
bnse can be <
MIAMI (AP) — Border Patrol
agents are investigating whether
any of 33 Cubans who landed in
three separate groups in southern
Florida were assisted by refugee
smuggling rings.
Three women and five men
washed up behind the Miami
Beach Days Inn Hotel early Mon
day in an 18-foot wooden boat.
They were in good condition and
were greeted by several family
members, officials said.
The eight said they left the
coastal town of Villa Clara in
Cuba on Saturday. But U.S. Bor
der Patrol Assistant Chief Keith
Roberts expressed doubts.
“There was no water on board
and the people had no sunburns,
no dehydration and they walked
around minutes after landing,”
said Roberts, who added (hat they
also had no maps. “We really
don’t believe the story.”
Roberts said the group told
border patrol agents they had col-
Atlantic Ocean
200 miles
FLORIDA
200 km
Gu/f of
Mexico
Q \
• Miami
_ *Key Largo
* Key West
Havana n CUBA
Caribbean Sea
Guantanamo
AP
lectively purchased the boat for
$1,200 and snuck out of the
coastal village. The eight were be
ing detained at the Krome Deten
tion Center.
People smuggling can be
highly profitable. Lawyers and
local officials say the going price
for transit from Cuba ranges
from $3,500 to $6,000 per per
son. If 25 Cubans make the trip,
its organizer can make $87,500,
with the boat’s crewmakii
about $25,000.
On Monday afternoon
more Cubans were caughi
Key Largo.
Roberts said one of the®
had been awaiting ani
tion hearing in the UnitedStais
and is suspected of going badt
Cuba to help his friends.
And in a third incident.
Cubans — 11 women, th|d
dren and six men —weretaS
into Key West Monday ateT-
by a fishing vessel.
Roberts said all were in gt
condition, but details olthi
journey were beinginvestigao
'T\mo years ago, the United St
and Cuba agreed thatwot/M-
Cuban refugees intercepted ontl
high seas would be returned.
I Jowever, once they make it
land, they are usaakb uto 1
Krome or released to relatives,
ter a year they may file a petit
for residency.
M
Toxic waste dumped in Texas watei
Continued pollution could harm environment and econod
WASHINGTON (AP) — More than 28.8 million
pounds of toxic chemicals were legally dumped by
industrial facilities into Texas waterways over a five-
year period, and nearly two-thirds of that went into
the Houston Ship Channel, a new study says.
The analysis of Environmental Protection Agency
data reported by the industries themselves was re
leased Tuesday by two environmental watchdog
groups: the Environmental Working Group and Pub
lic Interest Research Organization. The study covers
1990 through 1994.
“As a result of this continuing pollution, thou
sands of water bodies nationwide are damaged,
as are the economies that depend on them, from
tourism to fisheries,” said Environmental Work
ing Group president Ken Cook.
Cook also noted that the “vast majority” of the
chemical releases were legal.
The groups are recommending speedy imple
mentation of EPA’s proposal to expand the nil
her of facilities and industries required to rep
toxic releases.
They also are campaigning to have EPA incrs
the number of toxic substances that mustberepf
ed. The Toxic Release Inventory requires repoi
of some 340 of the 73,000 chemicals used in
merce, the study’s authors say.
Some of the chemicals have been linked toe
cer, others to reproductive or environmental pi ( 1
lems over time.
Slightly more than 18 million pounds ofTf
overall 28.8 million-pound discharge into!
ways occurred in the Houston Ship Channel.
The Brazos River was second, with 2,442-
pounds; followed by the Neches River,"
1,645,307; and Galveston Bay, with 918,161
The Neches River, however, received more can"
genic chemicals than the other Texas waterways.
DISCOVER
YOUR WORLD
©
The MSC L.T. Jordan Institute Invites You to:
Conduct independent research in the country of your choice!
Live with a family in a new culture!
Intern for 5 weeks in a field related to your major!
Find out about the Fellows Program, and Internship and Livinf
Abroad Programs in England, Germany, and the
Dominican Republic!
Sept. 25 7:00 Room 231 MSC
Dct. 1 7:00 Room 302 Ruddec
4k
Persons with disabilities please
call 845-8770 to inform us of
you special needs
For more information, call 845-8770
http://ltjordan.tamu.edu.
jordan@msc.tamu.edu
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