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November 10, 1987 - Image 2

Resource type:
The Michigan Daily, 1987-11-10

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Page 2-The Michigan Daily-Tuesday, November 10, 1987


Break-ins Street Saturday, but fled without
The Ann Arbor police are invest- taking anything. A suspect entered
igating several weekend break-ins, an unlocked door in the 700 block of
according to Sgt. Jan Suomala. He East Kingsley Street late Friday
said a suspect forced a door in the night and stole a stereo, portable
800 block of Fuller Street Sunday cassette player, and tapes valued over
night, and stole cash and property $700.
valued at $1100. Two men forced a by Steve Blonder
door in the 500 block of Thompson

Mayor shoots down gun
store zoning proposa

'CWonnued formPage 11
Jernigan and the other three
council Republicans opposed the law
at last week's meeting. In his
message, Jernigan said he supported
regulating firearm stores near
residential neighborhoods, but
opposed regulating them in the law's
designated areas.

The law was originally written
two months ago in response to
neighborhood protest last summer
against the Ann Arbor Rod and Gun
Company's relocation. But at the
law's public hearing last month, 38
people spoke before the council, and
22 of them called it gun control.

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Repairs Daily Photo by ROBIN OZNAK
Max Akins of Akins Construction fixes the cracked bricks on the side of
the International Center in West Quad.
Buyers exercise Caution

(Continued from Page i)
to an economic recession.
According to the survey, "The
fear and panic on Wall Street has not


This Line.






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But somebody has to do it.
That somebody could be you, if you're
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swept Main Street," The survey also
predicts that consumers will b e
extremely sensitive to future changes
in the nation's economy.
"Shifts in government economic.
policies will bean important factor
in shaping the emerging responses
by consumers," Curtin said.
Fifty-seven percent of the people
interviewed before Oct. 19 expected
long-range economic problems, up
from 41 percent before the crash.
Also, favorable attitudes toward
buying conditions for automobiles
dropped from 61 percent before the
crash to 54 percent afterwards.
The reason the panic since the
stock market crash is not more
severe is that consumers are still
waiting to determine what the effects
will be in their own individual
Curtin said, "The question that
consumers are seeking to answer is:
'What does it mean for me
personally?' The answer has yet to
be determined by most consumers.
Now in its third year, the Peer
Information Counseling Program
(PIG) has continued to grow.
PIC is a minority student support
program based within the library.
Staffed by undergraduate students,
it provides research assistance by
appointment and on-demand when
staff is available. PIC staff can
also provide instruction in word
processing by appointment. But
wait! There's more! You can
also arrange for a PIC staff mem-
ber to come to your dorm for a
library talk or word processing
Don't get lost in the library!
Look for PIC staff at the Ref-
erence Desk and in the Academic
Resource Center or call Darlene
Nichols, PIC Coordinator, at
764-4479, for more information.

Compiled from Associated Press reports
Market continues record fal
NEW YORK - A jittery stock market tumbled again yesterday as
the dollar extended its dizzying slide on world currency markets.
Beginning its fourth week of business since the 500-point plunge of
Oct. 19, Wall Street continued to be dogged by anxiety about the
battered dollar and Washington's sluggish progress in trimming the
huge federal budget deficit.
The Dow Jones industrial average fell 58.25 points to close yester-
day at 1,900.20. It was the ninth largest one-day drop for the Dow.
And it had a new worry: the potential reappearance of computerized
program trading, which had been banned after the October stock market
crash. For the first time since then, the New York Stock Exchange
relaxed all restrictions on program trading, which has been blamed for
wild swings in stock prices and may have played an important role in
the collapse.
Israel denies Nidal kidnappings
JERUSALEM - Israeli officials yesterday challenged claims by the
Abu Nidal Palestinian terrorist group that it kidnapped eight Israelis
from a yacht off the heavily guarded coast of the occupied Gaza Strip.
Foreign Minister Shimon Peres and Defense Minister Yitzchak
Rabin described the hostage-taking claim as an attempt by Palestinian
extremists to undermine an Arab summit that convened Sunday in
Increasing uncertainty surrounded the affair, with doubts cast about
the identity of the terrorist group, the identities of the reported victims,
and even whether a kidnapping occurred.
Walid Khaled, a senior lieutenant in a Palestinian group claiming to
represent Abu Nidal, told reporters Sunday the group captured eight
Israelis from the 43-foot French-registered yacht Silko off the gaza
Sri Lankan bomb kills 32
COLOMBO, Sri Lanka - A bomb exploded on a major road where
thousands of commuters waited for buses home, yesterday, blowing
people to bits and setting vehicles ablaze. Police said at least 32 people
were killed and 105 injured.
Rescue workers put the death toll at more than 50, and said it may
reach 70.
Thousands of people had lined the Maracana Road waiting for buses
home to the eastern suburbs.
There was no immediate claim of responsibility. Police at the scene
blamed nationalist Sinhalese opposed to a peace pact arranged by India
to end the civil war by rebels of the Tamil minority, although.the
Maradana area and eastern suburbs are mainly Sinhalese.
Dole throws his hat in ring
RUSSELL, Kan. - Senate Republican leader Robert Dole formally
opened his presidential bid yesterday, pledging that if elected he will sit
down with congressional leaders "as long as it takes" to hammer out a
balanced budget plan.
In his announcement speech, Dole took subtle swipes at chief rival
Vice President George Bush, extolling the Reagan administration's
record but adding, "It's not something'to run on. It's something to
build on."
Dole, the sixth and last major Republican to announce his
candidacy, called for tough-minded economic policies, saying the federal
deficit "is the single greatest threat to a prosperous and dynamic
Money truck mishap poses
morality questions for officers
COLUMBUS, Ohio - Many of the passers-by who scooped up
hundreds of thousands of dollars that fell from an armored truck are
holding on to the money, and nearly two weeks later the city was still
buzzing with talk of mystery and morality.
No one has said how much is missing, and police admit they face a
difficult task in getting the money back.
"I'm not saying it's going to be easy," Franklin County Prosecuter
Michael Miller said about the chances of successfully prosecuting
anybody in a case with apparently little physical evidence.
An estimated 200 people converged on Interstate 71 moments after
the rear door of a Metropolitan Armored Car Inc. truck swung open Oct.
28 sending bills ranging from $10 to $100 fluttering to the payment.
The truck continued for at least a mile before the drivers realized

what had happened, witnesses said.
One man who called the Columbus Dispatch a few days after the
spill claimed to have run off with two bags of money. The man, who
refused to give his name, said he planned to leave the city. "I'm pretty
much set for life," he said.
If you see news happen, call 76-DAILY.
0 he~I M3-c htin n aig
Vol. XCVIII - No. 44
The Michigan Daily (ISSN 0745-967 X) is published Monday through
Friday during the fall and winter terms. Subscription rates: September,
through April-$25 in Ann Arbor; $35 outside the city. One term: $13 in
Ann Arbor; $20 outside the city.
The Michigan Daily is a member of The Associated Press and subscribes
to the Los Angeles Times Syndicate and the National Student News Ser-


For details call Edye at ext. 353.
AS~xkiyotAm rnc ,CondnotaiC

I An Equal Opportunity Employer c,1987 Lincoln Savings & Loan Association

Will Be Meeting With Students On
. S .... .- - - .-

Arts Editors................................................BRIAN BONE
Editor in Chief................................................ROB EARLE BETH FERT
Managing Editor......................................AMY MINDELL Books.....................LISA MAGNIM
News Editor...............................................PHILIP 1. LEVY Film........................................JOHN SHE
Qity Editor..............................................MELISSA BIRKS Theatre...........................AMY KOC
Features Editor.......................................MARTIN FRANK ARTS STAFF: Scott Collins, Robert Flaggei
University Editor.................................KERY MURAKAMI Timothy Huet, Brian Jarvinen, Avra Kouffman, Johr
NEWS STAFF: Elizabeth Atkins, Francie Arenson, Logie, David Peitz, Mike Rubin, Mark Shalman, To
Vicki Bauer, Eve Becker, Katherine Beitner, Steve Shanker, Lauren Shapiro, Mark Swartz, MarcS
Blonder, Keith Brand, Jim Bray, Dov Cohen, Taras.
Hampton Dellinger, Kenneth Dintzer, Sheala Durant,
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Hughes, Steve Knopper, Carrie Loranger, Michael ANDI SCHREIBEI
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Mills, Peter Orner, Lisa Pollak, Jim Poniewozik, Robin Loznak, David Lubliner, Dana Mendelssoh
Melissa Ramsdell, David Schwartz, Martha John Munson, Grace Tsal.
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Assoc. Opinion Page Edftor..CALE SOUTHWORTH Assistant Sales Manager................KAREN BROW
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Rosemary Chinnock, Noah Finkel, Jim Herron, Eric Bowers, Valerie Breier, Pam Bullock, Stephan
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Miller, Jeffrey Rutherford, Steve Semenuk, Tony Michelle Gill, Missy Hambrick, Ginger Heyman, Ma
Sherman, Mark Weisbrot. Lane, Jodi Manchik, Mindy Mendonsa, Eddy Men
Sports Editor......................................SCOTT G. MILLER Jackie Miller. Jaunle Parsells. Jennifer Rowe. Ji


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