Image provided by: Texas A&M University
About The Battalion. (College Station, Tex.) 1893-current | View Entire Issue (March 28, 1978)
- OTA THE BATTALION TUESDAY, MARCH 28, 1978 Page 3 Worldly ways shown at C C’ Anyone who walked into the MSC Monday was greeted by exotic aromas and surrounded by the sounds and cultures of many na tions. The affects were the “Ways of the World Display,” one part of the Texas A&M International Students Association Week, Monday through next Sunday. At 6:30 tonight there will be a food fair and talent show from a panorama of nations. Only 150 tick-' ets are available for the fair. They are on sale for $1 in room 221 of the MSC. The fair will take place in rooms 228-231 of the MSC. Wednesday at 8 p.m. there will be a discussion on “Panama: the Fifth Frontier” in room 701 Rudder Tower. Panamanians will present their views on the canal issue and on their country’s future. Admission is free. Edmund Fawcett of The Economist will speak on Eurocom munism Wednesday at 8 p.m. in room 701 Rudder. The speech is free and is co-sponsored by Political Forum. The activities will turn toward the lighter side of life Saturday night with a party at Quonset Hut A. The party will begin at 8:30 p.m. Music will be disc-jockeyed by Richard Moore of KTAM. Admissions is $2 for guys and girls will be admitted free. International Week will wind down Sunday at 8 p.m. with a show ing of the Italian film director Federico Fellini’s “Amarcord.” Fel lini is noted for his abstract plots and strange costuming. The film is cos ponsored by the MSC Arts Commit tee, and tickets are available for $1 in Rudder Box Office. Candidates to speak at old-fashioned rally the Bryan and Texas A&M recreation and parks department. Other crafts shown were bullet making, doll making and spinning. Battalion photo by Kathy Boyd Prestigious society selects A&M prof do much wheat in U.S ould hurt farm profits ■ A $2.5 billion wheat reserve in United States storage bins could iive ravaged farm profits even lower, says an agricultural Ronomist at Texas A&M Univer sity. ■ The near record 1.1 billion bushel [wheat surplus is at the highest level ■nee 1960, when there was a 1.4 billion bushel carry-over. ■ With 1978 production schedules ■ high gear, the huge reserve is not Bpected to drop anytime soon, said Br. Bob Taylor of Texas A&M ’s Ag- Bcultural Economies Department. ■ Research recently conducted by Baylor and Dr. Hovav Talpaz, Buged the optimum level of United Spates wheat reserves at approxi mately 200 million bushels, 900 mil- B>n less than currently in storage. BAn optimum level is one that re sults in the greatest economic effi ciency, Taylor said, treating both Ifonsumer and producer equally in the marketplace. ■ “Generally, the high stock levels ■day benefit the consumer, not the ‘producer. The high carry-over from [yfear to year means a lower market price, and this translates to lower profits for the farmer,” he said. B“In the 1960’s, we had a similar &se of high stock levels. But Presi dent Kennedy eliminated the •rplus basically through giving it away in subsidized exports and Jreign aid. Prices at that time were ised through a system of price pports which guaranteed the pro ducer a price, even if it was above arket value,” Taylor said. Now the big move is again to- ard high price supports,” he said. It results in higher market prices ad an even greater surplus. The problem today is how to lower stockpiles and not adversely effect the consumer or producer. Mass foreign exports would cause consumer prices to rise, Taylor said, but if left at current levels, the farmer is going to suffer. “We have one group (consumers) gaining and one group (producers) losing,” Taylor said. “The dynamics are really complicated. What may be good in the short run, may turn out to be bad in the long run. “In the current system we see a lower market price and continuing increase in stocks.” The average wheat price today is just over $2, less than half of what it was in 1974 and the same price of wheat in the late 1960s. Allowing for inflation and the real dollar figure, today’s price is about equal to $1.25 per bushel paid in 1968. “We got in this shape when the Russian wheat sale went through. There was a lot of concern over wheat stock levels. Immediately after the Russian trade, agricultural interests pushed for establishing buffer stocks to protect the Ameri can market from big sales like the one to Russia,” Taylor said. Producers responded and wheat reserves soared. “As it turned out, our study indi cates the wheat stocks we had on reserve then were reasonable. Re serves were about where they should have been. Producers over estimated the demand in 1973 for more wheat production. Now we are seeing the effect of that jump in production,” he said. It would be optimum if the carry-over stock level could be low ered to the 200 million bushel mark, Taylor said. The net effect would be society could be better off if it is under the optimum stock system. “In the real world, the optimum level of a 200 million bushel stock just wouldn’t be accepted,” he said. Dr. A. Ian Scott of Texas A&M University has been selected for fel lowship in Britain’s Royal Society, that country’s oldest scientific soci ety and one of the most prestigious in the world. Scott, Distinguished Professor of Chemistry, joined the Texas A&M faculty in 1977 after nine years at Yale. He was one of five scientists in America to be admitted to the 320- year-old organization. Scott still re tains his British citizenship as a na tive of Glasgow, Scotland. He is one of the foremost scien tists in the field of organic chemis try. His interests include vitamin B-12 biosynthesis, enzymic alkaloid synthesis and formation of anti tumor agents. The Royal Society serves as the semi-official adviser to Parliament on scientific matters. Seven of the eight candidates for the 6th Congressional District seat to be vacated by Cong. Olin E. Teague will speak Wednesday at the Brazos County A&M Club meeting. All eight candidates were invited, said Club President Ed Davis. Reservations to participate in the old-fashioned political rally have been received from Chet Edwards, Ron Godby, Phil Gramm, Carl Krohn, Don McNiel, Wes Mowery and Bill Powers. Kay Jones may at tend. Davis said the price for the bar becue dinner has been reduced from $4 to $3.50 per person. “The only price decrease this month is admission to the Brazos County A&M Club meeting,” Davis said. “We re trying to fight inflation.” Each Congressional candidate will give a timed five-minute talk, Davis said. Presentations will be fol lowed by a question-answer session to run as long as there are questions. TOKYO STCJtK KOU8C AGGIE SPECIAL $060 mmm Campus Activities Tuesday Society of Automotive Engineers, 7:30 p.m., 342 Zachry Ag. Econ. club, 7:30 p.m.. 102 Zac hry ' ' Wednesday Aggie Cinema, “The Story of Adele H.” 8 p.m., Rudder Theater Traditions Council, 7:15 p.m., 137 MSC Thursday Aggiecon IX, “Happy Birthday Wanda June,” 8 p.m.. Rudder Theater and “It’s Alive,” 9:55 p.m.. Rudder Auditorium. Friday Management Society, field trip to Hous ton, leaving A&M at 7:30 p.m. from MSC parking lot Aggiecon IX, “Westworld," 7 p.m.. Rudder Auditorium, “2001: A Space Odyssey,” 8:40 p.m. Rudder Auditorium, “Slaughterhouste-Five,” 11 p.m. Rudder Auditorium and “War of the Worlds,” 12:50 a.m. Rudder Auditorium. Saturday Aggiecon IX, “Futureworld,” 7 p.m.. Rudder Auditorium, “Wizards,” 8:55 p.m.. Rudder Auditorium, “Silent Run ning,” 10:35 p.m., Rudder Auditorium, “THX-1138,” 12:10 p.m.. Rudder Au ditorium Sunday Management Society, party, 1 p.m.. Arbor Square Apartment party room DINNER Includes: Sweet and Sour Chicken Egg Roll Fried Won Ton Chop Suey Fried Rice Fortune Cookies Specials good for students Tues., Wed., Thurs. & Sun. Open 5-10 Tues.-Sun. Closed Mondays 2025 Texas Avenue Townshire Shopping Center 822-1301 ABASEMENT COFFEEHOUSE presents s R March 31 HAKE ff\USSELL and Band April 1 8:00 p.m. Tickets: $1.50 Advance - Rudder Box Office $2.00 at the door -XW-- —>rw -—mw- Tlio Answer to aJpizza^Lover's ^JVsiyor #1 — FLUFFY, FRESH HOMEMADE DOUGH #2 — TANGY SAUCE WITH THE PROPER BLEND OF TOMATOES AND SPICES COM PLIMENTED BY LOTS OF CHEESES AND TOPPINGS. #5 — BAKED DAILY WITH PRECISION AND CARE AT The Best •Pizzn In Tewn! Honest. HAPPY HOUR — BEER & WINE 2-4-1 RESTAURANT PIZZAMAT - TO GO 846-4809 846-4890 107 COLLEGE AVE. N. - UNIV SQUARE 817 UNIVERSITY AT COLLEGE AVE. N. #3 —TOP QUALITY MEATS: PEPPERONI, CANA DIAN BACON, BURGERS AND SAUSAGES #4 —JUICY GARDEN FRESH VEGETABLES • GREEN PEPPERS, ONIONS, MUSHROOMS OLIVES, JALPENO’S MON.-FRI. 4:30 - 6:00 P.M. COME SEE US AT OUR BRYAN LOCATION - TEXAS & VILLA MARIA 779-2431 Over ice or snow add IV2 oz. of Montezuma Tequila, the Moblest Tequila, to delicious Fresca. It’s a chiller! 01978.80 proof Montezuma Tequila. Distilled and bottled by Barton Distillers Import Co., New York, N Y. ^Fresca is a registered trademark of the Coca-Cola Company. "— 1 1 ——— - ■ i ■■■-■