Image provided by: University of Nebraska-Lincoln Libraries, Lincoln, NE
About The daily Nebraskan. ([Lincoln, Neb.) 1901-current | View Entire Issue (Sept. 15, 1994)
Lincoln's Sports Bar . %j5s 1140'O’St. Nightly Sgecials MON: Monday Night Football 50$ Hot Dogs 50$ Draws. 7-10 PM TUE: Penny Pitchers - Buy one, get a pitcher for 1 $ WED: Haus Special - Bahama Mama $1.75 THUR: $2.50 Pitchers 7-9 PM FRI: Pre-Game Prime - $2.50 Pitchersj ALL NIGHT! SAT: GO HUSKERS - Watch the game on 25 TV’s. SUN: Join us for the pro games. $2.50 pitchers. Noon to 5:00. Plug Into the | World with FREE E-Mail Classes r- i . Now tnaf you nave your compuier accoum you cun imu uui how to communicate with professors, friends, and people accross the country using E-Mail. These classes are free and no reservations are required. Introduction to E-Mail Thursday, September 15 10:00- 11:30 Bancroft Hall, 239 Thursday, September 15 2:30-4:00 Bancroft Hall, 239 Monday, September 19 2:00 - 3:30 Bancroft Hall, 239 Tuesday, September 20 10:00- 11:30 Bancroft Hall, 239 Wednesday, September 21 11:00 - 12:30 Bancroft Hall, 239 Wednesday, September 21 2:00 - 3:30 Bancroft Hall, 239 Thursday, September 22 2:00 - 3:30 Bancroft Hall, 239 Learn how to use Electronic Mail on Herbie or UNLCLASS1 Higher interest rates help steady economy WASHINGTON (AP>— Retail sales surged last month across a broad front after a quiet July, while a key government report said the economy is growing at a healthy pace with only moderate inflationary pressures. Americans were buying more cars, home furnishings and back-to-school supplies in August, the Commerce Department said Wednesday, as sales rose 0.8 percent after remaining un changed the previous month. Analysts said the buying binge was spurred by job growth and there is still steam left in a consumer-driven expansion. “The report is really quite positive for the economy,” said economist Lynn Reaser of First Interstate Bancorp in Los Angeles. “The con sumer has definitely not stalled out.” “The economy has nine lives, and -i maybe there are a couple of more to go,” said Sung Won Sohn of Norwest Corp. in Minneapolis. The outlook was bolstered by a Federal Reserve survey of business conditions around the country. “Economic activity continued to expand through the summer,” the report said. “Regions that have been lagging are generally said to be doing better while most of the stronger ar eas saw growth plateau.” The survey by the Fed’s 12 re gional banks found that higher inter est rates are having an impact, par ticularly in slowing home building. But the so-called beige book report said consumer spending, while slower, still remains strong, and re tailers look forward to a good year end holiday buying season beginning around Thanksgiving. The Fed, which has boosted short term interest rates five times since February to check inflation, sounded fairly optimistic about price stability. “There are more reports of tight ening labor markets than before, though wage pressures are still de scribed as modest,” the beige book said. “This August performance is good news for the economy in the third quarter The fundamentals of this expansion remain sound. ” ■ RON BROWN Commerce Secretary Analysts said they still expect the Fed to raise interest rates, but not until its next post-election meeting in November. While the growth in retail sales was expected, analysts said the breadth of the surge is noteworthy. Ironically, some economists said, rising interest rates that are hurting the housing market may be helping sales of home furnishings and build ing supplies. “Higher mortgage rates are prob ably stimulating home remodeling as an alternative to buying a home,” said Bruce Steinberg of Merrill Lynch & Co. The Commerce Department said August sales totaled a seasonally ad justed $186.6 billion, up from a re vised $185.1 billion in July. The July figure originally was estimated to be $184.8 billion. “This August performance is good news for the economy in the third quarter,” said Commerce Secretary Ron Brown. “The fundamentals of this expansion remain sound.” Retail sales posted a 0.9 percent increase in June after holding steady in May and falling 1 percent in April. Analysts said the uneven pattern sug gests consumer spending is leveling off but still growing moderately. U.S. forces ready to invade Haiti WASHINGTON (AP)—No concrete deadline has been set by the United States for the re moval of Haiti’s military lead ership, but one could be estab lished in the coming days, De fense Secretary William Perry said today. The Pentagon chief also warned that U.S. forces will be in place to conduct an invasion of Haiti “very soon,” should such an action be ordered by Presi dent Clinton. Sen. Bob Dole, R-Kan. ap pearing on CBS, agreed that “we’re going to support the troops if there is an invasion. But we certainly don’t support the policy.” mmmmmam. " Haitian military strength taabotfj 7500. organized into ram mte&ry depart ments. Three of Ihe departments art in ..... - * Port-au-Prince and ARMY consist of the Presidential Guard, one infantry battalion, one airport security company, two artilery battalions and six artillery elements. Personnel strength as of 1993 was about 150. Aircraft ndude seven Sum mrt/Cessna 02-337 AIRFORCE Sentry twin piston engined counter insurgency aircraft, one DC4, six Sghftranaports and 10 training and liaison aircraft, inducing tow turboprop-powered SF.260 TPs. The Coest Guard as of 1993 had 166 personnel, one petrol craft and tome boats, af are based at Port au-Prince. Up to 20,000 poorly armed irregulars sMsported by approx knately 3,000 sheritls and police auxilary NAVY liU, w MILITIA Source: The Statesman's Yearbook AP Pizza Hut The Institute of Higher Eating. This year, while you’re in school, don’t forget to order plenty of Pizza Hut* pizza. It’s required eating: Dine-In/Carryout Dine-In/Carryout 2435 s. 48th st.483-7555 Delivery 3410 S. 10th St.423-4353 239 N. 14th St.475-2658 6414 “0" St.464-7774 Delivery 2662 Comhusker Hwy ... .464-4600 2340 N. 48th St.466-5533 1544 South Street .474-6600 5540 South St. #108 .486-3500 5601 S. 56th St. #2 .421-6300 9/1V94 T\vo Medium Beef Pizzas iwi Delivery Only I | Offtr wlw Ott«fcwr 30, 1—4 | fteMt imwfon WHifoti m4tri94. Om wun ptr *. vttti M ptmotM'ni nni ran nnmiMinMim '3 Off any Large Pizza! *2 Off any Medium Pizza! Get up to 5 more Medium Pizzas for $5 each. Delivery Only I 6ffw t»>tm 6c*>Ur 3driW3 Ptaeae mention coupon when ordering One coupon p#» party per Vtert at participating Pieea Hut rretaurante and dehveiycar ryoul untie Not valid with any other utter l imited delivery area Notvalid on BICfOOT' piaaa ClthM Medium Soft Drink | FREE • with purchase of $3.99 Lunch Buffet | Available at participating restaurants _ only M-F 11:30 a.m.-1:00 p.m. | Dine-In Only <j|W4 Pi^^jul Schlondorf Continued from Page 1 the health, safety or welfare of persons on the campus.” “(Schlondorf) was enrolled the date of the incident and he is not enrolled today,” James Griesen, vice chancellor for student affairs, said Wednesday. Griesen said the university’s policy on pub lic information prevented him from further discussing Schlondorf. Also Wednesday, the Lincoln Journal re ported that just before the shooting, Schlondorf lost $6,000 playing Keno at Kerrey’s restau rant. John Hewitt, manager of Lincoln Big Red Keno, told the Daily Nebraskan his office kept no figures on Schlondorf s losings. He said Schlondorf often came into the restaurant and also played Keno alone. “They (employees at Kerrey’s) just said he was a real quiet person,” Hewitt said. “They were surprised when they saw his picture in the paper and on TV. “You just don’t know. Nobody here knew it was going to happen.” Enrollment Continued from Page 1 “This is no big surprise,” he said. “This is all demographically predictable.” More surprising, he said, was that the de cline in high school graduates and freshmen enrollment was less than expected. iGriesen said other factors contributed to the decline in enrollment this year. More students who were enrolled full-time last year decided to enroll part-time this year. That change accounts for about one-third of the enrollment decline, he said. Griesen said a new application deadline for freshmen students, transfer students and stu dents seeking readmission after having been academically dismissed also may have played a part in the drop. Administrators moved the deadline up to July IS for two reasons. First, the time spent reviewing last-minute applications took time away from more punctual applicants. The uni versity had less time to help those who applied late, he said. Second, the majority of the students apply ing late weren't as good in school than those who applied on time, he said. “We turned away several hundred students who would have liked us to look at their mate rials for applying. Of those, we would have accepted about a hundred,” Griesen said. The deadline helped ease administrative work at the beginning of the school year, he said. “This is one of the smoothest starts to the school year we’ve ever had,” Griesen said. Griesen said other factors contributing to the drop included greater financial difficulties for many students, the federal government's recent tendency to give out more loans than grants and competition from Lincoln’s South east Community College. UNO’s drop also was caused by the decrease in high school seniors, competition from com munity colleges and financial difficulties. Administrators at both schools said they did not expect the decline to cause any major problems. It probably will work to some students ad vantage, Hawkey said, because it will give them a chance to enroll in courses that might otherwise be filled. Griesen said this year would probably be the lowest year for enrollment. During the next few years, enrollment would probably increase, he said. “In a period of five years, we’re going to go up 4,000 students in the number of high school seniors,” he said. Nebraskan Editor Jeff Zeleny, 472-1766. Night Nows Editor* Chris Hain „ „ FAX NUMBER 472-1761 The DaJjy NobraritanJUSPS 144-080) is published by the UNL Publications Board, Nebraska Union 34.1400 R St.. Lincoln, NE 68588-0448, Monday through Friday during the academic year; weekly during summer sessions. Readers are encouraged to submit story ideas and comments to the Daily Nebraskan by phoning 472-1763 between T irnHedeoaard 43692^ r0Uflh Friday The publ,c a,*° has acce#8,0 Publications Board For information, contact Subscription price is 150 for one year. Postmaster: Send address changes to the Daily Nebraskan, Nebraska Union 34.1400 R St..Linco!n. NE 68588 0448, Second-class postage paid at Lincoln. NE. f_ ALL MATERIAL COPYRIGHT 1M4 DAILY NEBRASKAN