Two car crash, slashed roof reported yesterday • A two car collision occurred yesterday when ,a car driven by Brendan Clark McManus of Pitt sburgh collided with a car driven by Robert R. Reed Jr. of State College, State College Police said. McManus was traveling south on Pugh Street when McManus pulled from the intersection at McCormick Avenue, and struck the right front corner and side of Reed's vehicle, police said. Estimated damages were $BOO to Reed's car and $1,500 to McManus' car, police said. Fraud suspected in coal reclamation loan , PITTSBURGH (AP) The FBI said yesterday that a $35-million loan for coal reclamation in western Pennsylvania is rdne of more than 50 area coal deals in viihich fraud is suspected. The FBl's Pittsburgh office is checking the possibility that First National Bank of Chicago was defrauded *hen it loaned the $35 million, said Arthur Nehrbass, special agent in charge. "There are allegations of fraud and our investigation is to determine whether there's actually been fraud," he . The loan was made for the acquisition of 3,200 acres of land and the processing of and piles to recover useable coal and coke, the FBI said. Student Nurses Association Sunday, Jan. 7 ;"Violence Against Women" Speaker from the Rape- Abuse State College 7 pm H.Dev. Living Ctr EVERY WELCOME! ).1-106 JODON'S STABLES .r; i is now enrolling fora 5 - week INDOOR RIDING SCHOOL PROGRAM Phone 237-4364 • Arthur Yarzumbeck of State College reported yesterday the convertible top of his car was slashed while the vehicle was parked in parking lot 80, University Police Services said. Estimated value of the damage is $250. . • Ann Looker of State College reported yesterday the theft of gym shoes and clothing from her locker in Rec Hall, University Police Services said. Estimated value of the loss is $3O. —by Tim Konski Nehrbass said agents suspect the bank may have been victimized if the value of the land and minerals was overstated when the loan was procured. He declined to identify the other parties involved. The borrower, Pittsburgh Coal & Coke Inc. of Allison, in nearby Fayette County, unknowingly may have been the conduit through which another party fraudulently received part of the loan, according to unnamed sources quoted in the Wall Street Journal. But PCC Chairman Lloyd Arnold said yestersday he's satisfied with the gob piles and unmined coal he bought at Allison. The company is currently ex panding reclamation efforts, he added. Pittsburgh office said the company "The suspected fraud is a mystery to performed the study, but he declined to me," he said, adding that two shifts comment on the investigation. c °DE A $159 S A 9 25 L E C 0 B D E $ 2 47 Commodores Foreigner Barry Manilow Grease Natural Double Greatest $799 High Vision Hits $ 4 85 $485 $999 Barbara Streisand Billy Joel Steve Martin Best of Greatest Hits 52nd St. A Wild and Cr Earth-Wind-Fire azy Guy Vol. 2 Vol. I $577 1 77 $577 G. C. Murphy Co. Pro-life workshops set tomorrow ,o The Newman Student Associationwill hold a series of pro-life workshops tomorrow in the Frizzell Room of Eisenhower Chapel. The schedule of talks is: 10-11 a.m., Anne Zelnosky, R.N., medical aspects;ll:ls a.m. to 12:15 p.m., Dick Bord, euthanasia; 1:30-2:30 p.m., • Chuck Schneider, legal aspects; 2:45-3:45 p.m., Suzanne and Dick Glasgow, abortion 'doublespeak'/student involvement. Everyone is invited. • Rev. Stephen Yelovich will be the general meeting and a business meeting guest speaker at the Newman Student to plan Blue Jeans Day at 7 tonight in 316 Association pizza party after today's HUB. • 5:05 p.m. Mass in Eisenhower Chapel. . . ' o The Penn State Veteran's o New members are welcome to a Organization will hold Happy Hours working 20 hours a day recovered nearly 8,900 tons of coke in December. • Arnold said PCC borrowed the $35 million based on an engineering study by Pullman Swindell Division of Pullman Corp. The study showed the gob piles contained at least 6 million tons of recoverable coal and 4.2 million tons of coke, Arnold said. "We're hete. We're operating. We do have a $35-million commitment, and we haven't used $lO million of it yet. Our credit is still good. We've made every payment we're supposed to make," he said. A spokesman for Pullman Swindell's ECORD SALE Sale Runs Jan. 5 -Jan. 20 EVERY ALBUM IN STORE ON SALE D $387 $305 $4 87 $372 work meeting of the Penn State Model Railroad Club at 7 tonight in the HUB basement. Collegian notes • Homophiles of Penn State will hold a The probe began two months ago and is one of 55 coal deals in West Virginia and western Pennsylvania under in vestigation, Nehrbass said. The Securities and Exchange Com mission and the Internal Revenue Service are cooperating in some of the cases in a nationwide crackdown on suspected coal fraud. "Back in the 1950 s and 60s the big thing was oil swindles. We're seeing the same (methods) in coal swindles," Nehrbass said. "We're finding such things as fraudulent leases, sale of leases not owned by the person selling them, and switching, where they're showing ' a prospective investor a mine, but the mine he's really buying is 10 miles away," he said. F CD '5" $6 57 $3" $5 77 CC DD $6 27 $7 77 4 85 $622 from 4-9 tonight at 227 E. Nittany Ave • Overcomers Christian Fellowship will meet at 8 p.m. Sunday in the Eisenhower Chapel library. CATA manager position listed A search committee has been formed to find a new manager for the Centre Area Transportation Authority, Chairman Paul Rigby said. The resignation of Richard Lang, which was announced in November, became effective at the end of the year. Rigby said the committee would develop criteria for selecting Lang's successor and recruit applicants by advertising the position in tran- Gas rates may go up Columbia Gas of Pennsylvania, Inc. has filed a request with the Public Utility Commission that would raise the cost of gas to the average residential user 10.9 percent a year, according to a notice the company sent to its customers. Columbia estimates the rate in crease will produce $26.5 million per year in additional revenues and hopes to implement the new rate schedule Feb. 28, the notice said. A Columbia spokeswoman said the increase is necessary due to inflation in labor costs, taxes, materials, employee benefits and other costs. She said the firm's last increase request was two years ago. A PUC spokesman confirmed that Columbia • has filed for an increase 131 S. Allen St. The Daily Collegian Friday, Jan. 5, 1979- • The first rally of the Penn State Sports Car Club Winter Rally Series will be held Sunday in Parking Lot 80. Registration is 11 a.m. to 12:30 p.m., and the first car will be off at 1 p.m. sportation trade journals The committee will wait for response to those advertisements before a date for the appointment of a manager can be set, he said,.and the Authority's board would choose the manager. In the meantime, complete day-to-day operation of the bus company is being handled by operating supervisor Charles Shaffer, he said. —by Mary Ann Harvey but estimated "it will be several weeks at the earliest before the commission votes on the matter." He said it is possible public hearings will be held before a PUC administrative law judge before any vote is taken, but for the time being the commission is only studying the proposal. The average monthly cost to customers who heat with gas will increase by $3.71 and the non-gas heating customer will pay an ad ditional 57 cents a month if the full request is granted, the PUC spokesman said. The new rates would increase Co lumbia's annual revenues by 8.6 per cent. ~~ ~ S 6 : $967 $744 —by Paul Sunyak
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