Image provided by: Texas A&M University
About The Battalion. (College Station, Tex.) 1893-current | View Entire Issue (Feb. 6, 1986)
First Presbyterian Church 1100 Carter Creek Parkway, Bryan 823-8073 Dr. Robert Leslie, Pastor Rev. John McGarey, Associate Pastor SUNDAY: Worship at 8:30 AM & 11:00 AM Church School at 9:30 AM College Class at 9:30 AM Bus from TAMU Krueger/Dunn 9:10 AM Northgate9:15AM Jr. and Sr. High Youth Meeting at 5:00 p.m. ' I Ev Nursery: All Events 111 _JsL_ CARTER CREEK PKY 32nd ST first 4- Presbyterian ' Church Page 10/The Battalion/Thursday, February 6, 1986 ■ ■ 1 ■■ ■■ ■■ ■■ ■■ ■■ ■■ ■■ ■■ ■ I II I BOB BROWN UNIVERSAL TRAVEL | COMPLETE, DEPENDABLE DOMESTIC AND WORLDWIDE TRAVEL Airline Reservations • Hotel/Motel Accomodations Travel Counsel • Rental Car Reservations • Tours Charter Flights • FREE Ticket Delivery 846-8718 • Agency is fully computerized • 410 S. Texas/Lobby of the Ramada Inn/College Station Midnight Movies Saturday Only Fri. Night $2.50 2 for 1 buy one ticket and get the second free with coupon rtJ SUGGS CfKTtH W 6714 | MIDNIGHT Monty Python s fri./sat. The Holy Grail m SKAGGS CENTER MS 671 < Rocky Horror Picture Show MIDNIGHT FRI./SAT. [ra SKAGGS CEK7ER MS 6714 PEE-WEE HERMAN PEi-wtes $rc A°VlVTt/Rf FOOU W.KNIR BROS Cl U*G| MIDNIGHT FRI./SAT. SKAGGS CEKTER MS 6714 POST OAK MALI 7M-OC16 ra SKAGGS CENTER 846-6714 SPIES LIKE USH 7:30 9:40 msm 7:45 9:55 A Comedy about life, hope, and getting even. »T1B«EB l£g-J3l * ItfNGS ROAD A UNIVERSAL Relea»* 7:30 9:30 SCHULMAN THI- VI RKS ;. IM I K 1 VIM\(. I III HR \/C)S A AICI KS SINC F l*>2(* f Great reasons for seeing a movie this week at Schulman Theatres! 1. Family night every Tuesday at each location - Admission 2.50 2. Students wife current ID’s to local schools admitted for just 2.50 Mon.-Wed. 3. Every week at each location we will give away two free passes. Register each time you visit. 4. All seats are just 2.50 few any movie starting before 3pm. 5. We strive to serve the freshest and finest quality snacks available at our concession stands. Each week we will offer a different discount special. Visit ■ Schulman Theatre near you at one of three convenient locations: Plaza 3 • 226 Southwest Parkway (Behind Wendy’s) Manor East 3 - Manor East Mall Schulman 6 * 2002 E. 29th White trying to slow down government spending Warped by Scoff McCullaf ELIMINATORS (R) 7:35-9:50] MURPHY’S ROMANCE (PG-13) 7:20-9:45 MY CHAUFFER (R) 7:25-9:45 ROCKY IV (PG) 7:30-9:55 UPHILL ALL THE WAY (PG) 7:20-9:35 i SOUTHWEST PKWY. 693-2457 ♦YOUNG SHERLOCK HOLMES (PG-13) Associated Press AUSTIN — Gov. Mark White, concerned about the effect of falling oil prices on state revenues, called on state agencies Wednesday to “slow down spending. “I am putting all state agencies on notice to prepare now for additional budgetary constraints,” White said in a letter to chairmen of all state boards. Comptroller Bob Bullock said Tuesday he would soon issue an up dated revenue forecast based on de clining oil prices. The current state budget is based on the assumption that oil and gas taxes will produce 14.5 percent of all state revenue. Spot oil prices have dropped from a November peak of $31.70 a barrel to a $15.44 closing price Tuesday. Oil sold on the spot market accounts for only about 10 percent of Texas oil sales, but can foreshadow falling contract prices. BACK TO THE FUTURE (PG) 7:15-9:40 ♦Dolby Stereo Kevin Thomos annouvc/n<s... TH£ " SFk/P WALDO A VALENVUE CARD" , COYEST -toent^r, Either Buy DR MAKE A VALEAfr/zVEf FOR WALDo! THE ToP THREE valentines WILL WIN VALUABLE pR FZ ES ( & just drop off Your VALEhtrlNE IN RN\ 216, THE BATrAUO/J OFFICE, OF THE REEL) McDon ald BUILDING. -* ENTRIES must 0F RECEIVED BY 57O0PM WED., F£TB. IT ! N /M First prize: You wiugetvw NAME PRINTER IN THE NEWSPAPER/ SECOND PRIZE: A FREE SUB SCRIPTION To THE BArrALDli: THIRD PRIZE : You ANP A <SU£:ST WILL spend AN EVENING WITH THECAtfcnHiT AND WAtCM MARL/V PERKINS 1 “WILD KINGDOM/"(/akoio*) ; withers minowctp oN FeBlN 1 * “As I am sure you are aware, the precipitous drop in the price of oil and the deterioriating market have raised serious questions about the state’s revenue picture,” White said in his letter. “We need to begin drawing plans immediately to lessen the obvious strain on our revenue base,” he said. He called on agencies to identify “steps you could take to slow down spending currently authorized” by the appropriations bill. He sug gested money could be saved through cuts in capital outlay, travel and “those areas least affecting de livery of the highest priority services. Coon's Kingdom by D. Cor MAI dent F( rally be accusee tred an preside candid him ar passed Spea a hea these i suppoi dreno for the “I as they ha atmosf revolui govern defens day of for Fri “Furthermore, it is imperative that no new financial obligations be incurred or programs be initiated during the next several weeks until we receive and review the comptrol ler’s assessment,” White said. White said Tuesday he does not yet see a need to call lawmakers to Austin for a special session to cut spending or raise taxes. Bullock said “the oil situation that has unfolded in the past three weeks has serious implications for Texas and its Finances.” He said he is work ing on a revised look at state Fi nances, based on the lower oil prices. Texas finances Caperton says state budget could be cut up to $44 million By CRAIG RENFRO Staff Writer Texas’ economic situation is in se rious trouble and budget cuts of up to $44 million can be expected in ed ucation, human services and the state highway system, State Senator Kent Caperton said Wednesday night at Texas A&M. Part of the reason for the state’s economic woes is the recent drop in oil prices, Caperton said. Texas has the third largest population in the nation and 10 percent of the people are employed in the oil industry. Caperton, who is a 1971 A&M University graduate, said that for ev ery $1 drop in the price of a barrel of oil, Texas stands to lose $100 mil lion in state income and 28,000 oil and gas industry related jobs. “I suppose there are more depres sing things to talk about than our budget, but it sure is hard to find one,” Caperton said. Currently Texas ranks 46th in the nation in revenue derived from state and local taxes. However, Caperton said he doesn’t advocate raising taxes and will only do it as a last re sort. Caperton said some options to in creasing state revenues are pari-mu tuel betting and the creation of a state lottery. He said other options include rais ing the sales tax, taxing industries that are not currently taxed and tax ing the legal and insurance services. Texas’ 1986 budget is currently set at $38 billion, and of that amount, $19 billion is funded for public and higher education. Caperton said the state needs to put more money into the system, not take it away. “Education is a reflection of how much we believe in ourselves,” he said. “It would be an illusory saiiK to make cuts here.” Other programs that will recei'f drastic budget cuts are human sen ices, hospitals and other health rf lated agencies, he said. Caperton said $7 billion is cf rently funded to these services, aiii he will not vote to cut that amount The answers to Texas’ econo® problems will require thoughlfc legislation and a commitment« finding reasonable solutions, Is said. Caperton said, “I am convince: we will work our way out, but it w require leadership that will engi? in more than platitude and rhetf ric.” Foreclosures climbing at record rate in Travis County Associated Press AUSTIN — Foreclosures are soaring in Travis County, with the number of properties posted contin uing to climb at a record rate, new Figures show. The problems aren’t conFined to small property owners, either. At least two multi-million dollar prop erties were taken over by lenders at the most recent monthly public sale. There were 608 properties listed for possible foreclosure Tuesday, up signiFicantly from the 97 listings in February 1985, according to the Travis County Foreclosure Report. The February postings also were up over the previous record of 454 listings, set in January. The exact number of properties actually foreclosed each month isn’t immediately known because deeds can be filed weeks after the sale. The two largest properties listed Tuesday, in terms of loan amounts, were foreclosed on by Mercury Sav ings and Loan of Wichita Falls and Ben Milam Savings and Loan of Cameron. Reg Brittain, publisher of the Travis County Foreclosure Report, said his studies of the February list ings showed 100 single-family resi dences, 430 pieces of vacant land,® apartment complexes, 26 duplex 11 mobile homes and six offc buildings among items proper® for foreclosure. Included were 67 propertiesw original loan balances of $101,000l« $500,000, 10 from $500,001 toil million, and 10 properties with l® 1 balances of more than $ 1 million 7:20-9:40 ♦THE COLbR PURPLE (PG-13) 7:05-9:55 ♦OUT OF AFRICA (PG) 8:30 MANOR EAST 3 1 MANOR EAST MALL 823-8300 ♦YOUNG-BLOOD (R) 7:15-9:35 ♦DOWN & OUT IN BEVERLY HILLS (R) 7:25-9:45 [101 DALMATIONS (G) 7:30-9:15 "tr MSC Recreation presents: ACU-1 Qualifying Tournaments: Darts February 9 5:00 p.m. at Yesterday’s (next to Fajita Rita’s) $2. 00 each Registration same night For More Information call 845-1515 Backgammon & Chess Feb 8 $2.°° each Registration 1:00 p.m. 308 Rudder Play Follows Please bring Regulation Size boards Cr pi ex SP The crew cans conti tion c Th fered and June lenge T1 “T to th: try a work feelii ment f ^ tor o expa: make and 1 ral a the I verse “S in v; selve and Ot of Cl Mike Ellisc and speci Chris Be WA year-o self n was t debts, incide “He whole court! after ] hinise home. The jniinut was sc the st<