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About The daily Nebraskan. ([Lincoln, Neb.) 1901-current | View Entire Issue (Oct. 30, 1987)
News Digest By The Associated Press Reagan picks hardliner for court WASHINGTON — President Reagan, making good on his promise to pick another hardline conservative, nominated federal appeals court ' Judge Douglas H. Ginsburg to the Supreme Court on Thursday, raising the prospect of a second confirmation battle in the Senate. Reagan praised Ginsburg as an advocate of judicial restraint and a believer in law and order. He said Ginsburg “will take a tough, clear eyed view” of the Constitution “while remaining sensitive to the safety of our citizens and to the problems facing law enforcement professionals.” Ginsburg sits on the same bench as Judge Robert H. Bork, whose nomina tion to the nation’s highest court was rejected by the Senate Friday. Ginsburg and Bork are generally viewed as being ideologically similar. If confirmed, Ginsburg would be one of the youngest justices ever to sit on the court. He is 41, Ginsburg, a former Harvard Law School professor and head of the Justice Department antitrust division, would be the first Jew to sit on the high court since the resignation of Abe Fortas in 1969. Seeking to head off the lengthy debate that led to Bork’s defeat, Re agan said, “If these hearings take more than three weeks to get going, the American people will know what’s up.” Ginsburg was reported to be the choice of Attorney General Edwin Meese III, while White House chief of staff Howard H. Baker Jr. was urging the appointment of federal appeals court judge Anthony Kennedy of Sacramento, Calif., who would have been an less controversial choice. The seat that Ginsburg would fill was vacated when associate justice Lewis Powell announced his retire ment June 26. Superpowers agree on summit agenda MOSCOW — The superpowers agreed on a summit agenda and cleared the way for Soviet leader Mikhail S. Gorbachev to meet Presi dent Reagan in the United States later this year, a Soviet spokesman said Thursday. Now date was announced, but one official said privately that the Soviets are proposing the two leaders meet the first week in December. U.S. officials, also spiking on condition of anonymity, said the third meeting between Reagan and Gor bachev could be arranged for late November or early December. Dow closes up 91 points; dollar slides to new lows NEW YORK — Wall Street regained a measure of its lost vital ity Thursday, drawing a second wind that blew the Dow Jones industrial average up more than 90 points in its third-largest gain ever. The Dow average closed at 91.51 points at 1,938.33. TTie aver age regained 5 percent of its value after struggling to a mere 0.33 point gain Wednesday. The broader market, which had lagged behind the blue-chip issues represented in the Dow, also im proved with four stocks making money for every one that lost The market moved steadily higher despite a drop in the dollar ami losses cm stock exchanges in the Far East The market value of American stocks, as measured by Wilshire Associates, rose $106.57 billion, or 4.73 percent, to $2.36 trillion. On Wednesday, stocks fell $ 12 billion. It was not immediately known whether the exchanges would re turn to their normal closing times on Monday. They closed at 2 p.m. all this week because of high trad ing volumes. “The market seemed quite or derly,” said Jack Garry, an analyst with Butcher & Singer Inc. in Philadelphia. “It was not as frantic today as we’ve seen over the last week and a half’ since the market’s $500 billion collapse Oct 19. But other analysts remained wary. “I see some stabilizing, but we’ve still got some problems out there,” said Ronald B. Doran, head of the institutional trading for First Albany Corp. He cautioned that despite Thursday’s performance, the market remains vulnerable to fluctuations in the dollar. The dollar slid to new lows overseas and also fell in New York, although central banks intervened tosupportitby buying the currency on the open market Celebrate Halloween Night with , | ; RAIDERS OF TIME I; ' 1 Live! At the Hilton. Sat. 830 pm-1230 am J> i! NO COVER IF YOU’RE IN COSTUME ' I \ i (otherwise, just $1) ~ J \ PRIZES for best costume )1 1st Place: A New Year’s Eve ,; room package! W) t '■ | Howling Drink Specials: ' i ' $125 BEER $1.75 MIXED DRINKS " atthe ^ I: 9th and P HILTON 47540H_| s*Mtsaygi I still available I I . 'Sttsxrrtrrv1"-™-.'52E.I ■ ^ MM/FEY CONCERT Cheap Stores Both ,c^fts Records, Both Dirt’ I ^ L COMPANY -gags, I COMPACT DISC SALE Hurry! Sale ends Sunday! All regularly-priced m $13.99 CD’s on sale now®3 Buy 1 for $13.49 2 at $12.99 each 3 at $12.49 each 4 at $11.99 each, etc. 17th & P — Downtown 237 S. 70th 3814 Normal Blvd. <_ I Nebraska n Editor Mika Rillliy 472-1786 Managing Editor Jan Dssalms Assoc News Editors Jann Nyltalar Mika Hooper Editorial Page Editor Jeanne Bourns Wire Editor Linda Hartmann Copy Desk Chief Joan Razac Sports Editor Jeff Apel Arts & Entertain ment Editor BUI Allan Graphics Editor Mark Davis Asst. Graphics Editor Tom Lauder Photo Chief Doug Carroll Night News Editors Curl Wagner Scott Hirrah Art Director Brian Barber General Manager Daniil Shattil Production Manager Katharine Policky Advertising Manager Marcia Millar Publications Board Chairman Don Johnson. 472 3611 Professional Adviser Don Wilton. 473-7301 The Daily Nebraskan (USPS 144-080i is ' published 6y the UNI Publications Board Nebraska Union 34,1400 R St., Lincoln, Neb 68588-0448, weekdays during academic year (except holidays); weekly during the summer sessions Subscription price is $35 tor one year Postmaster: Send address changes to the Daily Nebraskan, Nebraska Union 34 1400 R St.. Lincoln, Neb 68588-0448 Second-class postage paid at Lincoln. NE ALL MATERIAL COPYRIGHT 188/ DAILY NEBRASKAN f Greyhound Money Savers^ I for the Holidays $75. Anywhere Greyhound goes. Advanced F’urchase Required $59. Chicago Advanced Purchase Required with new Money Savers, there’s never been a better time to J go Greyhound. 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