Study Finds Academic Ratings Outweigh Personal Qualities in Admissions
Washington AP reports a new Educational Testing Service and College Board study finds selective colleges weight academic ratings three times more than personal ratings when admitting freshmen. Researchers analyzed 25,000 applicant files from nine private colleges including Bucknell Colgate Williams Occidental and others, noting admissions officers relied primarily on academic performance.
MENTIONED IN THIS ARTICLE
Washington
Educational Testing Service
College Board
ETS
Warren H. Willingham
Hunter M. Breland
Bucknell
Colgate
Hartwick
Kalamazoo
Kenyon
Occidental
Ohio Wesleyan
University of Richmond
Williams
Auto makers rally masks overall weakness in March sales
Detroit analysts note a 22.6 percent 10 day march surge but say consumer demand remains weak. March total for five major U.S. automakers fell 23 percent to 575,608 cars with a daily rate of 21,319, the lowest since March 1975. Imports also declined 15.8 percent to 194,208.
MENTIONED IN THIS ARTICLE
Detroit
U.S
David Healy
Drexel, Burnham, Lambert
New York
Social Security costs vs early forecasts in 1980
Social Security actuaries in 1935 predicted 9.3 percent payroll tax for old age benefits by 1980 and $3.6 billion in annual benefits. In 1980 the system paid $105 billion, 29 times the forecast, while the overall payroll tax stood at 9.4 percent. Robert J. Myers notes these figures show closer accuracy as a share of taxable payroll, excluding disability and Medicare costs.
MENTIONED IN THIS ARTICLE
Washington
Social Security
Robert J. Myers
Myers
S&Ls post peak six month losses in 1981 report
Washington AP reports savings and loan institutions posted record losses in the second half of last year. About 3,800 federally insured S&Ls lost a total of $3.1 billion, more than double the prior six month record. Nearly 85 percent of individual S&Ls were unprofitable amid high interest rates and capital concerns. safeguards warned as many as 900 could exhaust capital by year end 1982.
MENTIONED IN THIS ARTICLE
Washington
S&ls
The
Federal Home Loan Bank
Board
Richard Pratt
Bank Board
Congress
Comedian Kaufman Hospitalized After Exhibition Wrestling
Comedian Andy Kaufman, known for spoofing wrestlers, was hospitalized in Memphis with minor head and neck injuries after an exhibition match with a 234-pound pro wrestler who disliked his humor. He is in St. Francis Hospital in traction undergoing tests for possible spinal damage. manager George Shapiro reports head cuts neck strain and a compressed neck vertebra.
MENTIONED IN THIS ARTICLE
Memphis, Tenn
Andy Kaufman
Kaufman
St. Francis Hospital
George Shapiro
Northeast Kansas weather forecast and Clinton Lake report
Partly cloudy through Wednesday with a low around 28 tonight and a high near 54 on Wednesday. Winds southeast 10 to 20 mph Wednesday with a chance of evening precipitation. Low around 33 Wednesday night under mostly cloudy skies. Clinton Lake at 8 am shows 57 F, level 875.91 ft, normal 875.5 ft. Official Journal-World readings Monday: high 35, low 33, overnight 21, trace precipitation. Sunrise 5:59, sunset 6:50.
MENTIONED IN THIS ARTICLE
Kansas
Hi Lo
Otik Albany
Albuque
Cdy
Amarillo
Anchorage
Asheville
Atlanta
Atlanta Cty
Austin
Baltimore
Clr
Billings
Sn Birminghm
Bismarck
Boise
Boston
Brownsvlle
Edy
Buffalo
Burlington
Casper
Charlsta SC
Charlsta WV
Charlite NC
Cheyenne
Chicago
Cincinnati
Cleveland
Clmbia SC
Columbus
Dal-Fi Wth
Dayton
Denver
Baldrige predicts downfall of major firms in recession
Washington predicts that one or two large corporations may go bankrupt and unemployment could reach a postwar high before a recovery. President Reagan and top aides acknowledge the recession may have hit bottom, but improvement could take months. They tie recovery to falling interest rates, which remain at postwar high. Government actions continue as policymakers assess the economy.
MENTIONED IN THIS ARTICLE
Washington
Reagan
Commerce
Malcolm Baldrige
White House
Murray L. Weidenbaum
Baldrige
Weidenbaum
President’s Council of Economic Advisers
Oval Office
Weiden
Leaders hint at progress on budget plan
In Washington, after months of stalemate, President Reagan and House Speaker O Neill signal possible bipartisanship on a budget alternative. Negotiators, White House aides, and congressional leaders discuss a compromise ahead of Easter recess, with talks centering on defense, taxes, and spending while economists warn unemployment may rise above 9 percent.
MENTIONED IN THIS ARTICLE
Washington
Reagan
House
Thomas P. O'Neill Jr
Congress
White House
James A. Baker III
Kenneth M. Duberstein
Senate
Capitol Hill
O’neill
Dmass
Social Sec
Congressional
Howard H. Baker Jr
Snowstorm paralyzes Northeast as blizzard warnings issued
An April snowstorm crippled New York, Boston, and surrounding cities with record blizzard conditions feared. Schools closed, travel halted, and multi-vehicle wrecks reported as temperatures plunged across the Midwest and into the Plains. Officials warned of up to a foot of snow and dangerous winds while Northern California faced renewed floods.
MENTIONED IN THIS ARTICLE
Chicago River Bridge
Ilinois
New York City
Boston
New Jersey
New England
National Weather Service
New York
Jim Donnely
WCBS
Robert Peary
North Pole
Massachusetts
John Ross
Framingham Barracks
Interstate 495
Marlboro
Route 128
Iowa
Ohio
Weather Service
Cedar Rapids
Burlington
Bingham
Ottumwa
Waterloo
Springfield
Till
International Falls
Minn
Texas Panhandle
Boise
Idaho
Cincinnati
Duluth
Indianapolis
Lincoln
Also Mentioned on This Page
Clinton Lake
Journal-World Temperatures
Associated Press
Jacksn MS
Juneau
Kans City
Las Vegas
Little Rock
Los Angeles
Louisville
Lubbock
Memphis
Miami
Milwaukee
Mpls-St.p
Edy Nashville
New Orleans
Norfolk
Tucson
Tulsa
Washingtn
Wichita
Baum
Thomas P. O’neill Jr
Herbert Hoover
Andy O’connell
Neb
Little Rock, Ark
Kansas City, Mo
Moline, Ill
Nashville, Tenn
Omaha, Neb
Peoria, Ill
Rochester Minn
St. Louis
Sioux Falls
8.D
Lake Erie
Indiana
California
Master Watchmakers
Briman
Lawrence
Larry K. Meelwain
Keith M. Meelwain
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