The Michigan Daily-Saturday, September 12, 1981-Page 7 DR P MS CS & LEr ME PoG LI ( IT iPI1 Bankscut prime rate, Dow posts big gain NEW YORK (AP)- Marine Midland Banks Inc., the nation's 14th largest commercial bank, lowered its prime rate yesterday, two days after Republican members of Congress blasted the financial community for high interest rates. In trimming its prime from 20.5 per- cent to 20 percent, Marine Midland of Rochester, N.Y., matched the decreases made Aug. 31 by No. 3 Chase Manhattan Bank ,and No. 9 First National Bank of Chicago. IT WAS AN indication that interest rates might be declining, and by the close of trading on -Wall Street the Dow Jones industrial average had risen 18.37 points. Thomas Thomson, chief economist for 'Crocker National Bank in -San Frangisco, suggested yesterday that an industry wide move to the 20 percent level could come next week. The prime rate is what banks charge their most valued corporate customers. It is an indicator of a bank's costs of acquiring funds. STOP unauthorized entry into your room, apartment or home for under $50.00. You scan protect yourself and your valuables. For more information on this new, space-age, electronic device Call 483-3810 day or night 20th Century Competent Alarms STAEDTLER Set Sale! :.11" J"l ::Sti" : 14" myn :":ti:: 1. ., amv .,,, AYI '4 t t;t: ::=i"5:: : <:.. r1 j .. II 111111 _ ": : .................. XOFX : s:": f " 'lf" iMUr f t ... y." .......... .x".11'..: - .... ' ::.:...:.:::.:. .: :": : : ::":".1'.14 L": :". :.;: :"::::..::: }:ti"::tiff{' i":4. AP Photo Name your price So you thought a five-hour wait in line at CRISP was bad? One student from Northern Illinois University in DeKaib of- fers to pay $200.00 for admission into a iuch sought-after computer class which heimust take to graduate. Coed Theta Xi alumni board may exclude women members *r~rsmiW -in (Continued from Page 1)- "We figured we could talk to the con- vention delegates over the next two years (1980 and 1981) to educate them about us and try to change their votes," said Bob Mitton, last year's house .president. "All the chapters in our region support us ... our major op- ponents are in Louisiana and Califor- nia." Mitton said, however, that current house members are- divided on the issue.. "THE MALE-FEMALE issue is *!hurting us," he said. "Until it's -'decided, mihny people have the idea that one of these days we'll kick the women out." House resident Dave White said he believes the fraternity should become all-male. "The general reaction (to my view) is that I must feel women are not important - that we're bet- ter than they are. But that's not the case," White explained. "It's just an unusual situation, and it creates some unusual problems. As an example, White cited "in-house romances" where the couple eventually breaks up. "How do you break up and still live together?" he asked. "There's no feeling that the women cause problems-rather, the men and women together cause problems." THETA XI was established at the ,University in 1915, but women did not begin moving into the house until 1972. "There were severe problems with the fraternity-sorority system on cam- pus at the time," explained Wolf, who was living in the house when it became coed. "In the winter of 1972, there were problems" with rush campus-wide . . . we had done very poorly," he said. "We thought that adding women would make it (Theta Xi) fit in more with the coed campus housing at- mosphere," Wolf said. ACCORDING TO Fought, the house went coed "basically for financial reasons . .. The house could have either folded or given women a try," she said. The local alumni board owned the mortgage on the house and made house policies. After it agreed to the change, the board petitioned the convention of the national Theta Xi fraternity organization, which approved the move by an exact two-thirds majority. In 1980, the local chapter submitted a mandatory progress report showing a decrease in the number of women members. The report was accepted (approved) by the national convention delegates. According to Fought, however, the reduction in the number of females was not a voluntary one, but rather a natural result of a decline in membership. At the house, the members, male and female, calmly go about the business of moving in. "We're not 'up in arms' because there's nothing we can do ex- cept wait," said one female member who asked not to be identified. Technical n Set Seven Pen Set List $59.00 Now Only $39.00 MORE THAN A BOOKSTORE 549 E University at the corner of East U. and South U. 662-3201 ANNOUNCING The University of Michigan Gilbert & Sullivan Society MASS MEETING For the Fall Production of "UTOPIA, LIMITED. If You Are Interested In Being A Cast Or Technical Crew Member, Please Join Us: 8 p.m., Sunday, Sept. 13th Anderson Room in the Michigan Union U -w Student Organizations, Activities, and Programs a deportment of the Michigan Union Announces I ,40 ,--A iT DUA] N L. on 't mke oaQ move, r r r BASIC ACTOR TRAINING:-Karen Sniith, 10:00 am-12:00 pm Exploration of fundamental techniques of character analysis and improvisatior: as related to the actor's craft. Class limit: 10 BASIC THEATRICAL DESIGN: Gary Smith & Nancy Jo Smith, 10:00 a.m.-12:00 p.m. Survey/Discussion with practical application for Scenery, Lighting, and Costume Design. Class Limit: 20 DANCE FOR MUSICAL THEATER: Jim Posante, 12:00-2:00 p.m. Technique and method, taking the body from a relaxed, stretched state to a concentrated performance level. Class limit: 20 DIRECTOR/DESIGNER COMMUNICATIONS, Gary G. Smith, 12:00-2:00 p.m. Exploration of Director/Designer communications, with emphasis on practical problem solving. Lecture/Discussion/Practical. Class limit: 12 (6 designers/6 directors) ... before consulting the Michigan Daily Classified Page! Do you need a job, an apartment, a roommate, tickets, etc.? We can help you find exactly what you're looking for. Turn to the Daily Classifieds before you make the wrong move. h. INS- FEES: UM Students-$15.00 UM Staff/Faculty-$25.00 Others-$35.0O TIME: Saturdays September 26 October 3,110, 17,24,31 Take the Wild Ride! v I } _ r y 500 E. Liberty, Ann Arbor ti AN ENTERTAINMENT SPECTACULAR! The Amaze N' Blue Machine. Step inside and like magic, you're suddenly perched at a death-defying height in a rollercoaster. Or churning through dangerous waters on a raft. Or even racing at top speed at the Grand Prix.* Its a fantastic voyage! So extraordinary,, so believable, it rivals the real thing! Ride the Amaze N' Blue Machine. THE INSTRUCTORS: GARY G. SMITH, currently works for The University of Michigan-Ann Arbor, as the manager of The Student Theater Arts Complex. He has de- signed in the'Ann Arbor area for the past five years as well as for Hope College, Interlochen Arts Academy, SUNY at Buffalo, and PBS-TV. M.F.A.- Ohio University. NANCY JO SMITH, currently teaching Costume Design at The University of Michigan-Flint, has designed in the Ann Arbor area for the past three years and most recently opened two dance pieces in New York City. M.F.A.- University ot Michigan. KAREN SMITH, received her B.F.A. in Acting/Directing from Ithaca College and is currently a master's candidate at Eastern Michigan Univer- sity. She has directed and taught acting, improvisation, and theater games at Ithaca College, Ohio University, and in area schools and theaters. JIM POSANTE, currently a free lance director/choreographer throughout the Detroit/Ann Arbor area, has directed over 30 musical comedies in the last five years and is the choreographer for the International Music Camp in North Dakota. AMNBLUE MACRNE The Simulation Station is Ann Arbor's newest entertainment . ALL WORKSHOPS WILL TAKEP L ACE AT AnVA~rvn DreTQCYAIla~