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
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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 \
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Class Readers at
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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
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99
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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
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