I -Moo""
O USEE IEw i (AP N -tyL l1yJ
Hairy cottage cheese
Who said the faculty doesn't read the Daily? Prof. Sally Allen put the
following equation on the overhead projector yesterday in her 500-mem-
ber Biology 112 lecture: Lactobacillus DNA + mouse DNA =. As the
class hubbub died down, she asked the class if they wanted to know the
answer. She then completed the equation: Lactobacillus DNA + mouse
DNA = soft curd mouse or hairy cottage cheese. If you will remember,
a Today item Thursday morning relayed the comments of one elderly
visitor to Asslen's genetic class, who said she'd only be impressed with
the wonders of recombinant DNA research is scientists could cross a
mouse with a spoonful of cottage cheese. Obviously, Allen wasn't too
pleased with the "Daily lady's" remarks. "Biological advances are not
the type of thing one is likely to hear about on the seven o'clock news,"
; Allen concluded severely.
a" Boo!
ROTC cadets are deadly serious about the Haunted House they're
staging this weekendin the basement of North Hall to raise money for
UNICEF. North Hall was once a Medical School edifice and in the
basement, in the interest of science, were stored dead bodies. So the old
morgue, with its damp, dingy walls and low, hanging ceiling, is perfectly
adaptable to scaring the living daylights out of you, which is what a bat-
talion pf Air Force, Army and.Navy ROTC cadets out of uniform are in-
tending to. so. So, today from 7-10 p.m. and tomorrow from 6-9 p.n. let a
variety of goblins, goons, and ghosts scare you, for a good cause, too!
It's tweak time
If you plan to let it all hang down after midnight tonight, make sure
you know when midnight is. Yes, tonight is your only chance of the year to
tweak Father Time by switching your clock backward an hour at mid-
night to commemorate the end of daylight savings time. Of course,
Father Time will tweak you back again in April. And of course, you can
theoretically set your clock back anytime you want to - tonight, tomor-
row, next month. That's the wonderful thing about time - it's flexible.
But everybody else will be setting their clocks back tonight, and unless
you want to arrive at class an hour early, we suggest that you conform.
Happenings ..
oops, make that singular, make that happening because there's
only one today, folks ... so if you decide to tag along on the International
Center's trek to Greenfield Village, be in the lounge at 603 E. Madison at
9:30 ... toot-a-loo!
On the outside .. .
_~ E
Hey, for the first time this season you won't need your umbrella at the
football game. The sun will shine, only a few clouds will scatter the high
will hit 600 and the low will fall to 440. Winds coming in from the
Southeast at eight to ten miles per hour might be good for a few field
goals.
The Michigan Daily-Saturday, October 29, 1977-page 3
Israel lifts currency
from gov 't control
MICHIGAN STUDENT ASSEMBLY
-ALL ELECTION CANDIDATE REGISTRATION
(9)1 YEAR &A(1) 1/ YEAR SEATS OPEN
REGISTER IN M.S.A. OFFICES, 4th FLOOR
MICHIGAN UNION BY MONDAY, OCT. 31
For More information Call
M.S.A. Offices at 763-3241
JERUSALEM (AP) - Israel, in a
major policy shift, announced yester-
day it was lifting its currency from gov-
ernment control and removing all
foreign currency restrictions on trav-
ellers and investors.
Finance Minister Simba Ehrlich an-
nounced the measures after a cabinet
meeting. He indicated Israel was
moving toward the free market
economy that the conservative Likud
government had set as its goal.
WITH THE END of currency restric-
tions, Ehrlich said, "Israel is likely to
become a financial center in this part of
the world, and especially in the Jewish
world."
He said "the faith we are creating in
our economy" would attract badly
needed foreign investment, more than
making up for the unlimited foreign
currency Israelis may now take
abroad.
Ehrlich also announced new cuts in
subsidies on basic food products and an
increase in transportation costs. As a
-first step, the price of gasoline was
raised Thursday night $1.97 to $2.38 for
a gallon of premium.
THE NEW PRICE increases meant
Israel's inflation rate would match last
year's 38 per cent, Ehrlich said, despite
earlier government pledges to reduce
inflation to 25 per cent.
Ehrlich estimated the Israeli pound's
value would drop by nearly 50 per cent,
from 10.35 to 15 pounds to the dollar. By
opening the pound to market influenc-
es, the government ended its policy of
periodic devaluations that had been in
effect since Israel's founding.
Experts said the new regulations
were likely to kill the thriving black
market in foreign currency, where
knowledgable visitors received 10 to 15
per cent more for their money than in
the banks.
EHRLICH SAID hundreds of foreign
currency inspectors would be trans
fered to the treasury's income tax
department. This was bad news for the
many workers who make ends meet by
cheating on taxes.
The former limits on currency
Israelis may take abroad led to the res-
ignation of Prime Minister Yitzhak.
Rabin last December after he and his
wife were found illegally holding
dollars in a Washington bank account.
His government was ousted by the
Likud bloc in elections five months
later.'
Financial sources said they expected
a buying spree to begin next week
before prices adjust to new exchange
rates
Amity
L SATSEMINARS
DECEMBER-TEST PROGRAMS BEGIN
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you can have Amity's team of test specialists on your
side? Consider the resources of the nation's most
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* NATION'S MOST SPECIALIZED
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More individual attention and involvement than in any other
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average class size of 12). Instructors give constant careful
attention to individual questions, problems, and analysis
of errors.
* CONTINUALLY-UPDATED CURRICULUM
A teaching curriculum wholly revisedfor the 1977-78
testing year, reflecting the substantial changes in LSAT
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prepares students for the rigors of the exam.
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information and our detailed course
description - without cost or obligation -
call toll-free to leave your name and
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800-243-4767 Ex'. 761
7!Amity Testing Institute
We make tests
a little easier to take.
Economy shows increase
WASHINGTON (AP) - Govern-
ment indicators yesterday reinforced
administration predictions of a slight
upturn in the economy at the end of
this year.
The Commerce Department said
its index of leading indicators, which
is designed to predict economic
trends, increased by three-tenths of
one per cent in September.
ALTHOUGH slight, the increase
followed a 1.4 per cent rise for
August, the largest increase since
March and the second largest in two
years.
Economists say it takes several
months for the indicators to establish
a trend. They have increased three
months in a row, "starting with a
one-tenth increase in July, after two
months of slight declines.
The August figure was revised up-
ward from an eight-tenths increase
because of big improvements in net
business formation. This indicator
measures business spending plans by
installation of telephones and other
equipment.
THE ADMINISTRATION has been
counting on businesses to increase
their investments to revive the
economy at the end of the year. The
nation's output of goods and services
grew at an annually measured pace
of about seven per cent in the first
half but slowed to 3.8 per cent in the
third quarter. Economists hope it
will rise to five per cent in the last
quarter to keep unemployment from
getting worse.
In another report, the Labor De-
partment said wage increases in
major contracts negotiated so far
this year were generally smaller
than increases provided under 1976
settlements.
Contract settlements in the first
nine months of 1977 provided for
wage increases averaging 7.8 per
cent for the first year of the pact and
5.8 per cent annually over the life of
the contract.
Settlements negotiated in 1976
provided increases of 8.4 per cent for
the first year and 6.4 per cent over
the life of the contract.
..4
."
'4
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.
Daily Official Bulletin
The Daily Official Bulletin is an official publication
of the University of Michigan. Notices should be sent
in TYPEWRITTEN FORM to 409 E. Jefferson, be-
fore 2 p.m. of the day preceeding publication and by 2
pin. Friday for Saturday, Sunday, and Monday.
Items appear once only. Student organization notices
are not accepted for publication. For more informa-
tion, phone 764-9270.
Saturday, October 29.1977
DAY CALENDAR
Music School: Contemporary Directions concert,
Rgckham Aud., 8 p.m.
SUMMER PLACEMENT
3200 SAB - Phone 763-4117
Agency for International Development, Washing.
ton, D.C.: Internship deadline November 1. Two-
year program - must hold graduate degree in agri,
field, ed. admin., bus. admin., nutrition/public
health. Candidates with undergraduate degrees in
accounting with at least one year experience also
eligible. Further details available.
FRIENDS
DON'T LET
FRIENDS
DRIVE DRUNK.
For free information, W 2te to:
DRUNK DRIVER, Box 2345
. Rockville, Maryland 20852
around the corner
get in the 'spirit' of the season byvisiting our
COSTUME ACCESSORIES and
THEATRICAL MAKE-UP CENTER
WE FEATURE:
* GREASEPAINT
" COLORED HAIRSPRAY
" CLOWN WHITE
LUCKY DRU@S 3
WED-FRI 9-9
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* 'BLOOD'
" much more
03 S. MAIN 665-8693
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YOU
THE DEPARTMENT OF HUMANITIES
COLLEGE OF ENGINEERING
announces the second presentation in its lecture series
TECHNOLOGY AND DEMOCRACY
"TAKE TODAY: HARDWARE GOES SOFT"