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About The Battalion. (College Station, Tex.) 1893-current | View Entire Issue (Jan. 24, 1984)
ej , Page 6/The Battalion/Tuesday, January 24, 1984 I -Building industry recovering Warped by Scott McCulla United Press International HOUSTON — A survey of homebuilders Monday indicates an anticipated upturn in the construction industry in 1984, sustaining a recovery that began last year when the industry built almost 1.7 million homes. According to the survey, in which 850 builders at the Na tional Association of Home Buil ders convention were inter viewed, the industry expects a 28 percent increase in the num ber of new homes built this year. The survey was conducted by Owens-Corning Fiberglas Corp. at the Houston convention. Economics of housing was clearly a major concern of the builders polled. By a 3-to-l mar gin, they said high mortgage in terest rates was the most impor tant issue facing the industry to day. That was followed by a need to reduce the federal budget. Most of those questioned said the federal deficit was having a significant impact on mortgage interest rates. The builders also said they do not anticipate much fluctuation in interest rates this year, bout 61 percent said they expected interest rates to stay the shile 23 per cent said they thought the rate would drop by about one point. CAKOLWE, 174 SACK. IStfT MERRiTT RACK YET FROM.. HEY, WHAT'5 THAT YOU’RE REAPING: OH...UH, PAUL, JOST. WELL, REAPIA/G THIS BOOK, X MEA/V DIARY, OF UH, WHAT ? MERRITT’S DIARY? MY BEST FRIEA/D? HOW CA/V YOU DO THAT? HO'tl CAN YOU INTRUDE ON H/5 INTIMATE FEELINGS; LEARN ALL THOSE SECRETS ? WHAT A BETRAYAL* 1 Because of continued high rates, the builders said they have been searching for way to make their homes more affordable, such as creative financing prog rams. But many consumers have trouble when shopping for a new home because they are con fused by the different types of mortgages available, according to the survey. WHAT ... PAGE ARE WE UP TO? [f Builders are also making houses more affordable by re ducing the square footage and selling smaller residences. More than half of the builders inter viewed said a single family de tached home can be as small as 1 ,()00-square feet or less and still be marketable. Tax levied by Bryan council Citizens protest increase By MARSHA MCDADE News reporter £Rocrn -JL kinko'? copies Serving Luncheon Buffet Sandwich and Soup Bar Mezzanine Floor Sunday through Friday 11 a.m. to i :30 p.m. PROFESSOR PUBLISHING -Ms- Delicious Food Beautiful View In a heated discussion Mon day night, citizens living along Pinfeather Road protested a proposed tax to be levied against them but the Bryan City Council passed the first reading of the ordinance anyway. The tax, which is only directed only at those living along Pinfeather, is to pay for a portion of the improvements made along the road. The first reading came at the end of a public hearing in which the several discontented citizens spoke out. The citizens testified that the assessments were unfair because the improvements did not enhance the value of their property. They also believed that city bond money should be used to pay for the total cost of the improvements on Pin feather Road. During the hearing, Michael Beal, an appraiser who partici pated in making the assess ments, answered the questions of the citizens. Beal, of Jacob Beal Appraisers, said that the assessments were made on the judgement of how the market in general sees the properly along Pinfeather Road economically. In other business: • It awarded a $209,000 con tract to the Bryan Construction Company for the construction of a park scheduled to be com pleted in May. • The city staff was autho rized to negotiate a contract with HDR Techserv for engineering services applicable to a proposed sanitary landfill. • The annual homestead tax exemption for people 65 or over was increased from $10,000 to $15,000. This ordinance w| passed unanimously. • A resolution which setfal for softball field, campsite, tennis court use was adopted • Mayor Blatchley recoil mended that the council ocaf sionally put ads in the newspiJ er concerning the availabilityd positions on city boards utl committees. Finally, a number of I were awarded from a previoutil discussed agenda. Open to the Public \ “Quality First” Class Readers at low costs to students. for more information call: 846-8721 or come by: 201 College Main Lawyer requests new trial after High Court upholds conviction Ui United Press International DELTA UPSILON a non-secret, non-hazing Fraternity Thursday, January 26 - K-Mart Party (Wear your Blue Light Special) Friday, February 3 - Hawaiian Party LOCATION TO BE ANNOUNCED TOMORROW -For more information call Nigel 693-6515 or Chip 693-6365- WASHINGTON — The Supreme Court Monday let stand the racketeering convic tion of Texas multimillionaire Rex Cauble, sentenced tojail for heading a ring that smuggled more than 70 tons of marijuana into the United States. Immediately following the ruling, Cauble’s attorney filed a motion for a new trial in federal court in Tyler citing 11 points he said affected the fairness of the original trial. Cauble, 70, was sentenced to five years in prison but has been allowed to remain free during his appeal. He stands convicted of supervising the importation into the United States of 147,000 pounds of marijuana from 1976 through 1978. The Justice Department cal led him the mastermind of the largest drug smuggling opera tion ever uncovered in Texas. The Supreme Court’s action refused to review a lower court ruling that Cauble was guilty of violating the federal Racketeer ing Influenced and Corrupt Organizations Act. While there was no dispute at his trial that boats, planes and apartments owned by Cauble Enterprises were used in the smuggling operation, Cauble said he was not involved and did not know it was happening. The government outlined a detailed operation to the jury, including loans from Cauble to a ranch foreman Charles “Mus cles”. Foster to run the opera tion. The appeals court rejected Cauble’s claim that he was una ware of the smuggling operat ing, ruling that his argument was “flatly controverted by the record” of the trial. In addition to appealing his conviction, Cauble also asked the high court to stop a govern ment move to take away his financial empire, which the gov ernment said was built up with proceeds from the drug smug gling operation. Cauble attorney Melvyn Bnidcl of Dallas asked U.S. Distrcl Holdings the government says should be subject to forefei- ture include: Cutter Bill West ern World of Dallas and Hous ton, Rite Weld Co. in Texas and Oklahoma, Dallas International Bank, South Main Bank of Houston, Western Bank of De nton and several ranches. Judge William Steger tograitl new trial based on informati(:| Bruder said the federal govc"| mem did not reveal loQ defense team before his trial I 1 Sa The motion filed in Tyler by Steger did not take anyadxtl on Bi nder’s request. Hisoffc| said it would take about 20diJ for a copy of Monday’s SuprcB| Court decision to reach him Court rejects pleas; from five convicts United Press International WASHINGTON — The Supreme Court Monday re jected appeals from five death row convicts, including a Texas man sentenced to die for poison- Gr ouV^l ‘A MUSICAL TREASURE FOR FAMILIES TO SHARE 99 Presented by MSC To$Vn Hall/Broadway Texas A&M University, Rudder Auditorium February 9,8:00 p.m. Tickets *10.00, *9.00, *8.50 MSC Box Office V isa/Mastercard Call 845-1234 ing bis son on Halloween« Iji'uti 1 cyanide-laced candy. |^ )n g ^, Without comment, thejisRAs t tices rejected appeals froiludinj Ronald Clark O’Bryan, offt tuple Park along with inmates frffl Arizona, Florida and Nebrath Justices William Brennanaii Thurgood Marshall cast traditional votes against c punishment in all cases. O’Bryan was convicted(• poisoning his 8-year-old so: Timothy, with cyanide-lacdj candy on Halloween night 1W Prosecutors convincedaji«! that O’Bryan, 39, killed hiss# to collect a $60,000 life ins# Un HA lion arges ance policy he took out for I World boy. He gave the candy toli« children, including hissona :ipat< drier, in the Houston s# attoo )ut only the boy died. wise Cafeteria Now Better Than Ever. You Will Be Pleased With These Carefully Prepared and Taste Tempting Foods. 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