The Battalion. (College Station, Tex.) 1893-current, January 23, 1978, Image 3

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    Aerobics begins
spring program
Registration begins today for
the springtime aerobics program
offered faculty and staff at Texas
A&M.
The week-long signup in
cludes offers for a coed class
which meets 5:15-6:30 p.m.
Mondays through Thursdays and
a noon program for women on
Mondays through Thursdays.
Both meet in room 255 of G.
Rollie White Coliseum, the same
location at which registration will
be held.
Yarbrough faces charges
United Press International
AUSTIN — Donald B. Yar
brough, stripped of his position on
the Texas Supreme Court, today
will face criminal charges that led to
his ouster.
Yarbrough is accused of forging a
car title and lying to a Travis County
grand jury about the incident. The
prosecution team, composed of Dis
trict Attorneys Carol Vance of Har
ris County and Ronald Earle of
Travis County and assistants Phil
Nelson of Austin and John Holmes
of Houston, says it will concentrate
on the perjury charge.
Yarbrough, 36, will be repre
sented by former Attorney General
Waggoner Carr of Austin.
The perjury indictment evolved
from a clandestine meeting with
former business associate John W.
Rothkopf at an Austin motel on May
16, 1977. Rothkopf told officials
Yarbrough attempted at that meet
ing to get him to murder another
former associate. Bill Kemp.
Yarbrough was elected to a six-
year term on the Supreme Court in
1976, but served less than seven
months before being forced out . of
Energy depends on industry
office by allegations against him.
He resigned July 15, 1977, as the
Legislature began consideration of a
resolution to oust him from office.
Two months later, on Sept. 2, he
voluntarily surrendered his law
license rather than face disbarment
proceedings in Houston.
yupTn&mba
Eddie Dominguez ’66
fQyijv Joe Arciniega 74
Texas Instruments
Calculators and Watches
Increased U.S. energy produc
tion, part of President Carter’s Na
tional Energy Plan, hinges on petro
leum industry financing, a Texas
A&M research report suggests.
The study by Dr. Peter S. Rose
indicates energy companies’ rates of
return may be marginal to the task,
considering the risks involved.
“Unless earnings are increased to
match recent increases in the risk of
petroleum exploration and produc
tion, the nation may be forced to
rely more heavily on foreign oil and
gas, on conservation measures, or
more likely both, Dr. Rose said.
“A number of changes in current
U.S. policy would appear to be
necessary in order to avoid the least
desirable of these alternatives, he
said.
The report appears as the fifth
and final monograph in a Texas
A&M University series published
)y the Center for Energy and Min
eral Resources. Previous studies
dealt with the Energy Plan’s effects
on oil and natural gas pricing, ag
riculture, transportation and elec
tric utilities.
Remedies discussed are easing
regulations on petroleum pricing,
production and exploration, and
gr eater diversificiation in the indus
try’s capital investments. A more at
tractive rate of return on petro
leum’s capital base, causing
additional investment, is seen as the
most lucrative source of expansion
of petroleum capital.
“The industry would require less
debt as a source of funds, reducing
its risk exposure and possibly its cost
of capital. Dr. Rose wrote.
Dresser Industries Professor of
Finance at Texas A&M and a former
financial economist with the Federal
Reserve System, Dr. Rose views
exponsion of domestic production
with increased profit as a capital
source, as an essential element in
RECORD
COLLECTION
ALBUM SPECIALS
This Week Including These
New Warner Bros. Releases:
EMMYLOU HARRIS
Quarter Moon
in a Ten Cent Town
Includes Two More Bottles ot Wine
F.asy From Now On To Daddy
Reg. 6.32
List 7.98
Reg. 6.32
GORDON
LIGHTfOOT
Endless
Wire
Includes
Daylight Katy
Sometimes
I Don t Mind
The Circle Is Small
List 7.98
*4191. #.70 ^00
- ■ i
By Popular Demand
Our Store-Wide
%usf ALBUM
Extended Thru Sat.,
Jan. 28
All Albums On Sale
Including These New Releases
Ronnie Montrose $ C 35
“Open Fire” SALE %3
List 7.98 Reg. 6.32
Sea Level $CT35
“Cats on the Coast” ^ _
SALE
List 7.98 Reg. 6.32
RECORD COLLECTION
211 University Drive 846-3901
application of the President’s Plan.
The Rose study, titled “Analysis
of the National Energy Plan: The
Profitability of U.S. Petroleum
Companies,” utilized data from pri
vate and governmental sources. All
information used is available to the
public.
His analyses of data between 1950
and 1975, a postwar period, re
vealed that shareholders’ equity in
the petroleum sector averaged only
slightly above that for all U.S. man
ufacturing firms.
Greatest profitability occurred in
the early 1950s. “Between the late
1950s and early 1970s, however, the
return to petroleum typically was
less than the average return to the
U.S. industry as a whole. Petroleum
had a 15.6 percent return on equity,
compared to 12.1 for all industry
and 14.9 for the manufacturing sec
tor.
If you want the real
thing, not frozen or
canned ... We call It
“Mexican Food
Supreme.”
Dallas location:
3071 Northwest Hwy
352-8570
BOOT PICTURE SPECIAL
Buy 1 & Get 1
The Same Size FREE!
Cal! for Information & appointment at
... university studio 1,5
From Texas Instruments
Come by and see the complete line of TI calculators and
watches. Whatever your major — business, engineering,
science or liberal arts — we have a calculator to fit your needs.
And, if you're having trouble getting to class on time, try a TI
watch. The new LCD models have Tritium power cells —
no button pushing day or night.
LOUPOT'S BOOKSTORE
YOUR CALCULATOR HEADQUARTERS
Northgate — Across from the Post Office
1977 Application Calculators Incorporated
TAKE
OFF AND
SAVE
With Rio Hirwaus
New Joint Foires
Take to the air on Rio, your first step to everywhere,
and save when you connect with other major air
lines to your final destination. How do Rio’s Joint
Fares work? When two air carriers are involved in
your flight, Rio’s joint fares provide you with a
single fare which covers your trip from origination
to destination. Rio’s joint fare will be lower than the
combination of each airlines’ separate fares for
their share of the trip. Your one stop at the Rio ticket
counter takes care of tickets, flight connections and
baggage ail the way!
HERE ARE JUST A
FEW EXAMPLES OF JOINT
FARE SAVINGS:
BASED ON CURRENT REGULAR RIO’S
COACH FARES FARE JOINT FARE
ATLANTA 114.82 79.63
BALTIMORE 146.30 112.96
CHICAGO 119.45 92.59
DENVER 108.34 80.56
HONOLULU 235.19 207.00
LAS VEGAS 137.04 113.89
LOS ANGELES 149.08 113.89
MIAMI 141.67 108.33
NEW YORK 160.19 126.85
SEATTLE 179.63 151.85
WASHINGTON D.C. 146.30 112.96
CALL YOUR TRAVEL AGENT OR
RESERVATIONS AT 846-8721
YOU
SAVE
35.19
33.34
26.28
27.78
28.19
23.15
35.19
33.34
33.34
27.78
33.34
RIO
14 DAILY FLIGHTS
Between Bryan / College Station and Houston
Intercontinental Airport.
18 DAILY FLIGHTS
Between Bryan/College Station and Dallas/Fort
Worth Regional Airport.
RIO FLIES YOU DIRECT TO THE
BRANIFF TERMINALS
All Rio flights arrive and depart at the Braniff
International Terminals for easy flight connec
tions and money saving joint fare flights.
‘Joint Fares only available from Oallas-Fort Worth.