2—The Daily Collegian Wednesday, Sept. 18,1985 _ _ > ... Restore program funds, Alcohol Task Force says By ALAN J. CRAVER Collegian Staff Writer The University President’s Task Force on Alcohol recommended that funds which were cut from this year’s budget for alcohol treatment and awareness programs be restored so they may reach more students and people in the community. The task force released recommen dations earlier this week about how the University can reduce the prob lems created by alcohol among stu dents at the University and in the community M. Lee Upcraft, co-chairman of the task force and division director of counseling and health services, said the task force recommends the Uni versity restore the $7,000 cut, from this year’s budget to Total Alcohol Awareness Program (TAAP). TAAP offers programs, including films and discussion groups, mostly for the 14,000 University residence hall students. But with extra funding, TAAP would be able to reach more students and community members, Planning is critical for job success 4 Alpha Phi Omega 1 % National Service Fraternity A A Presents j A The Fifth Annual % 3reat University Run Around a A 8 K Road Race and One Mile Fun Run Y Y tor the benefit A A of the — American Heart 4 A Association A | Registration A , rr *1 T This week „ Sunday. September 29 IPM A HUB Ground Floor Rec Hall-Penn State University a HH M ■■! ■■ BH BW BBS iBBi £ orti:3o-i2:30 Trophies and merchandise prizes J Day of Race with Pepsi of Altoona and WXLR-XlO3 A rizza II Bp The Sisters of Kappa Delta proudly ] 4 FREE 16 OZ. Pepsis ■ | announce our 1985 fall pledge class: | with any Large ft*. IT iK3=S. L S=£S=s _ |!ME^™™^l, DAIL¥ PIZZS ff i 1 Heaths Johnston PBm pel " 8 | ! 00/10182 one cow>on * ® ,„pp,„g on ,*.! f a Stacie Brown Angie Kemerer Leann Rauch « ZM-Uio* —m —— F Meqan Demke Mary Anne Kowalick Karen Schlecht a 6 Ann Mar ie Donotrio Beth Lehmer Lora Schmoll | g Ann Farabaugh Christine Levin Ann Margaret Wagner | Sherry Ann Fricam Kim McCartney Amy Williams Lyndy Moldovan | Help! The homecoming ’B5 committee needs your convertibles on Oct. 25 If you'RE willlNCj, TO doNATE yOUR CONVERTIbU car foR a Few koims please contact ERic Graves or Bob Sliuster at 86W455 or stop by tlie IFC officE at 501 B HUB NATIONAL ASSOCIATION OF BLACK ACCOUNTANTS is having an ICE CREAM SOCIAL When: Wednesday, September 18, 1985 Where: Paul Robeson Cultural Center Time: 6:30 p.m. ALL BUSINESS STUDENTS WELCOME •* ’ LONg'dIsTANCC • : ReumoNSHiPs j J coping with being away from those ® *2 you core about 6 $ ® on informal workshop uuith • SAUNDRA TOMLINSON, Ph.D., « ® k ' ‘ counseling psychologist $ • & LAURA LRNDCRMAN, M.S.UJ., • ; & , ranter for CounselinQ 1 .-.a J “sSi Junction of College and Garner • plenty of parking business Dow falls below 1,300 for three-month low By JAMES F. PELTZ AP Business Writer NEW YORK A steep decline in airline stocks led the market sharply lower yesterday, pushing the Dow Jones industrial average below 1,300 for the first time in three months. Computer, auto, retail and health care issues also were notable losers. The Dow Jones average of 30 indus trials skidded 10.98 to 1,298.16, closing at its lowest level since it stood at 1,297.38 on June 19. The Dow Jones transportation average tumbled 13.70 to 645.83. Declines overall led advances by nearly 3-to-l on the New York Stock Exchange, with 79 issues setting 52- week lows. The NYSE composite index fell 0.90 to 104.89. Big Board volume swelled to 111.93 million shares from 66.70 million on Monday, when many traders were absent to observe Rosh Hashana, the Jewish new year At the American Stock Exchange, the market value index plummeted 2.87 to 220.72. Prices opened mixed but retreated in the afternoon when airline and other transportation stocks began sliding The selloff in the airline sector came after Goldman, Sachs & Co. analyst Michael Armellino cut his estimate of the up-coming earnings of AMR, Southwest Airlines and Pied mont Aviation. Some other brokerage houses also have recently downgraded their earn ings estimates or investment recom mendations on airline stocks, which were among the market’s best per forming groups earlier this year. Some of the downward revisions have included warnings that the airlines’ strong traffic growth is slowing. ;{ CINEMEIiEjj ■ %—>' r .t\i WWOB ■ The Talking Heads in A Film by Jonathan Demme STOP MAKING SENSE NIGHTLY: 7:45,9:45 WED.: 1:45, 3:45, 5:45, 7:45. 9:45 Michael J. Fox BACK TO THE FUTURE .po, NIGHTLY: 8:00.10:00 WED.: 2:00, 4:00, 6:00, 8:00,10:00 PEE-WEE’S BIG ADVENTURE ( pqi NIGHTLY: 7:45,9:45 WED.: 1:45, 3:45, 5:45, 7:45, 9:45 Michael J. Fox TEEN WOLF ipo> NIGHTLY: 8:00,10:00 WED.: 2:00, 4:00, 6:00, 8:00, 10:00 IPSBURO/343-UM John Candy SUMMER RENTAL (po) NIGHTLY: 7:15,9:15 AMR, the parent of American Air lines, dropped 2to 39%; UAL, which operates United Airlines, slumped 3% to 48%; Eastern Airlines lost % to 9Vs and Piedmont fell %to 29 7 /s. South west was unchanged at 24, however. Texas Air fell lVs to 15% on the Amex. Brokers said the abrupt decline in the transportation sector quickly re vived the bearish sentiment that was building in the broader market last week, when the Dow Jones industri als lost 28 points They said stocks remained under pressure because of investors’ uncer tainty about whether the economy is improving from its weak showing in the first half of this year and, if so, whether that means interest rates are headed higher. *£gg' i :. . ,«| AK.> HB ffit! Yeutter says inti. trade will improve By TOM RAUM AP Economics Writer WASHINGTON, D.C. - U.S. Trade Representative Clayton Yeutter yesterday promised Con gress major market-opening re sults from President Reagan’s new trade initiatives and dismiss ed as “defeatest in nature” a major Democratic proposal for a tax on imports "We would say to the rest of the world we just can’t compete any more,” Yeutter told a congressio nal hearing. His comments came as adminis tration and congressional officials indicated Reagan was shying away from proposing major new legislation in his upcoming trade package Instead, Reagan will call for beefed-up enforcement of existing laws and may lend his support to certain selected but as yet unspec ified pieces of legislation now pen ding in Congress, the officials said. Yeutter, .testifying before the trade subcommittee of the House Ways and Means Committee, said tougher negotiating with trading partners, reducing the federal budget deficit at home and in creased competitiveness on the part of U.S. industry were the best ways to trim the nation’s trade imbalance not import re straints. His testimony brought a sharp denunciation from AFL-CIO Pres ident Lane Kirkland. “Should a $lO-an-hour production worker take a pay cut to $4-an-hour in order to try to restore his prod uct’s international competitive ness?” Kirkland asked. “For the worker, no such option is available. Continued pressure for Third World wages will only result in a Third World economy,” testified Kirkland, a supporter of the proposed surcharge. The testimony came at a hear ing on legislation by Ways and Means Chairman Dan Rostenkowski, D-111., and Rep. Richard Gephardt, D-Mo., that would impose a 25 percent sur charge on products from specific nations principally Japan, South Korea, Taiwan and Brazil with large trade imbalances with the United States. “I, along with most members of this committee, am not a protec tionist. Nor am I a patsy. I don’t think we should rush out and beat up on our trading partners. Nor do I think we should continue to let them beat up on us,’’ Rostenkowski said. But Yeutter, claiming the legis lation had “problems too numer ous to articulate,” said: “It turns the whole philosophy of American capitalism upside down,” noting that only those countries who were competing efficiently would be subject to the surcharge. He also said the surcharge would be directly passed along to U.S. consumers in the form of higher prices. At the same time, Yeutter pre dicted that the nation’s trade defi cit, approaching $l5O billion, is “very close to peaking out” and would soon begin to recede. The Twenty-First Century Overture BUS SERVICE TO Bloomsburg, Lehighton, Lehigh Valley, Newark Airport and New York City Every Friday and Sunday beginning Sept. 6 FRIDAY SUNDAY Lv.: 5:00 pm Lv: 5:30 pm Arrive Newark: 11:00 pm Arrive Newark: 11:00 pm NYC: 11:30 pm NYC: 12:00 Mid. RETURN FROM NEW YORK CITY Lv NYC: 9:45 am Lv NYC: 10:00 am Arrive at State , Arrive at State College: 4:30 pm College: 4 * s ® P m Full Schedules and prices available from: Trailways Terminal 154 N. Atherton St. 238-7362 TRANS-BRIDGE LINES ■'Wizfit PIZZA & RESTAURANT ONE FREE TOPPING W / ANY • r LARGE PIZZA %f® j ########### •••••••••••••••••••••* (.V jThis Week Only! • 2 Large Cheese Pizzas • • + Free 6-Pack of Pepsi : ***** FREE DELIVERY AFTER 5:00 PM 222 W. Beaver (Under Beaver Plaza Apis.) 238-5513 "\AThcre will time take us next? To an infonnation utopia where knowledge belongs to everyone? To. an age when the computer becomes one with communications and thought travels everywhere, anywhere and at anytime? lo a brave new world where electronic intuition solves the impossible problems that have followed us through history? Getting to this future first is our mission. We’re Bell Communications Research (Bellcore), established as the central source for the research and technologies that will enable the Bell Operating Companies to meet the needs of the tuture. Wc arc working in areas that include software development; applied research; information systems; systems engineering; network planning services; and equipment assessment Our purpose is to know more, understand more, see more so that wc can provide others with the expert advice they need in many different technical and scientific areas. Our mandate is to provide leading edge answers The Bell Operating Companies look to us for the software and technologies they need to operate efficiently. We have opportunities at our northern and cen tral New Jersey locations for individuals with PhD, MS or BS degrees in Electrical Engineering, Computer Science, Mathematics, Operations Research, Chemistry-, Physics, or Human Factors Psychology. If you want to write the technological harmonies that the future will play Meet us on campus during Engineering Career Days September 18 & 19 at the Hub Alternatively, send your resume, detailing your education and experience to: Manager, Technical Bell Communica tions Research, RRC, Department 127/3038/80, CN 1300, Piscataway, New Jersey 08854-. An equal opportunity employer @Bell Communications Research Bccftnsc the it, in ,1 must meet the Jutm*© The Daily Collegian Wednesday. Sept. 18,1985—3 *ll.OO Special With the demon comes jss Collegian We are a ‘brain trust’ that Imagines a new tomorrow.