Section B · Page 6
The University Daily Kansan
Tuesday, October 19, 1999
Nation/World
PLEASE CALL AGAIN
There was an erroneous phone number printed regarding an Attorney that would like to talk to witnesses who have knowledge of persons who
made rental arrangements with U-Haul, where U-Haul was late in delivering the agreed upon rental, or
completely failed to fulfill their promise of supplying a rental vehicle We apologize for the inconvenience.
The correct phone number is 1-888-371-1272.
Ask for Casey Griffith.
Irene soaks soggy North Carolina
Residents struggle to stay dry amid rising floodwaters
The Associated Press
TARBORO, N.C. — The nearly one foot of rain dropped by Hurricane Irene is all but guaranteed to bring another round of flooding to North Carolina later this week, demoralizing people still reeling from Hurricane Floyd a month ago.
"You get lifted up and the next thing you know, something else happens," said Karen Mabry, who
was flooded out of her mobile home by Floyd and was kept out by Irene on Monday. She has been staying in an apartment supplied by the Red Cross but has had trouble sleeping.
"I keep waking up and looking out the window to make sure nothing else is happening," she said. "It's just terrible."
Barely hurricane strength, Irene soaked North Carolina's soggy coastal plain Sunday with up to 11 inches of rain before veering out into the Atlantic without ever coming ashore.
Irene was blamed for one death in North Carolina, a motorist whose vehicle skidded into a tree. At least eight other people died as a result of
the storm, five of them in Florida.
The rains once again sent streams from their banks and promised to produce more serious flooding later this week as runoff drains into the Tar, Neuse and Cape Fear rivers.
For the past two months, it has been one thing after another in eastern North Carolina.
First there was Hurricane Dennis, which battered the coast for a week before coming inland and dumping up to 8 inches of rain. Two weeks later, Floyd poured 20 inches of rain on the region, causing 49 deaths and the worst flooding in state history. Eight more inches fell less than two weeks after that. Irene came next.
To help flood victims cope, the Red Cross has sent 244 mental health workers to eastern North Carolina — more than for any other disaster except the Oklahoma City bombing.
"People are overwhelmed right now by the fact that they have to clean up by the storms and be a mom and a dad and an employee." Red Cross spokeswoman Gina Glarronardo said.
Near Pinetops, which was devastated by Floyd's floodwaters, Leroy Johnson watched the waters rising on a Tar River tributary and said it didn't worry him much.
"People are at ease now because this time they have nothing to lose," he said.
Dow Jones ends on gain inflation worries buyers
The Associated Press
NEW YORK— Stocks were mixed yesterday, careening through a volatile session marked by continued concern about rising interest rates and inflation. Technology stocks fell sharply, bearing the brunt of investors' pessimism.
The Dow Jones industrial average rose 96.57 and closed at 10,116.28. Most of the gain occurred in the final 30 minutes of trading. Earlier in the session, the Dow was up as much as 108 points and down as much as 43 points from Friday's close.
Analysts said that after driving the blue chips down last week, investors were ready to focus their worries on Nasdaq's technology stocks.
1989 Travelers Insurance and Traveler Association College Retirement Equation Fund NY,NY
Intel fell 1 1/2 to 693/8,
Microsoft slipped 3/16 to 87/7
and Dell fell 1 1/2 to 41 5/16. The Nasdaq's high flying Internet stocks posted mixed results, with eBay off 4 5/8 at 129 1/2 and Yahoo! up 3/4 at 170 5/16.
Many analysts had expected investors to seek out buying opportunities following the Dow's 5.9 percent loss last week.
Investors are waiting for the latest indications of whether rising inflation is giving the Federal Reserve another reason to raise interest rates for the third time this year.
Today, the consumer price index will provide the next gauge of inflation pressures. Any signs that price pressures are escalating are expected to send stocks lower again.
But corporate earnings could be threatened if interest rates continue to rise. Higher interest rates increase borrowing costs, making it more costly to finance growth. That is particularly true for technology stocks, which trade at very high prices on the promise of strong future earnings.
Analysts believe continued strength in corporate earnings could be the catalyst that snaps the market's recent decline.
Chair-wielding monks fortify Korean temple
Buddhist turmoil leads to violence
The Associated Press
SEOUL, South Korea—South Korea's main Buddhist temple resembles less a spiritual sanctuary than a fortified camp these days.
Cols of barbed wire line the tile-topped walls, trailers block the entrances to ward off intruders and guards with iron bars and piles of rocks at their feet watch warily from the bell tower.
South Korea's largest Buddhist order is once again in turmoil over leadership, and the thuggish tactics of some monks — hardly in line with the path to eternal enlightenment — have scarred the religion's image nationwide.
The dispute illustrates Buddhism's often uncomfortable role in secular South Korea, where some faction leaders vie for control of tax-free properties and donations from worshippers.
There also is suspicion among some Buddhists that Christians, who dominate the government, are trying to manipulate the conflict to
marginalize Buddhism's 1,700 years of influence.
The Chogye order, which promotes Zen meditation, has been plagued by internal bickering for years.
At the temple last week, monks brandished sticks and smashed collapsible metal chairs on the shaved heads of rival monks. At least 10 monks and lay people were injured.
On Monday, about 100 dissident monks and supporters protested peacefully outside the temple in downtown Seoul.
The squabble revolves around matters unabashedly material; who gets to handle an annual budget in the millions of dollars, control land, buildings and assets worth millions more and appoint 1.700 monks to various duties.
PLAY IT AGAIN SPORTS
After last year's showdown, mainstream monks elected a new leader. But a Seoul administrative court, acting on a lawsuit by the dissidents, cited procedural flaws and ruled against the vote on Oct. 1.
In defiance, the mainstream monks barricaded themselves in Chogye, named for a Chinese mountain where an ancient Buddhist patriarch once lived.
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