Lamar University Press (Beaumont, Tex.), Vol. 58, No. 10, Ed. 1 Wednesday, October 14, 1981 Page: 1 of 10
ten pages : ill. ; page 23 x 15 in.View a full description of this newspaper.
- Highlighting
- Highlighting On/Off
- Color:
- Adjust Image
- Rotate Left
- Rotate Right
- Brightness, Contrast, etc. (Experimental)
- Cropping Tool
- Download Sizes
- Preview all sizes/dimensions or...
- Download Thumbnail
- Download Small
- Download Medium
- Download Large
- High Resolution Files
- IIIF Image JSON
- IIIF Image URL
- Accessibility
- View Extracted Text
Extracted Text
The following text was automatically extracted from the image on this page using optical character recognition software:
It's Wednesday
October 14,1981
Vol. 58, No. 10
Good
Morning!
LAMAR
UNIVERSITY PRESS
Serving the Lamar community for 58 years
Earnings on investments
near 4 million for year
Moving off campus—Scottie Worth, owner of a Gulf service station located on the corner of Iowa and Cunn-
ingham streets, will soon conclude almost four decades of supplying gas and groceries to the neighborhood
when the sale of his business to Lamar is completed. See related story, page 5.
Photo by IAN MARTIN
By NANCY LAWRENCE
of the UP staff
Total earnings on university in-
vestments are projected to exceed
$3,800,000 for the 1980-81 fiscal year,
Oscar Baxley, vice president for
finance, said today.
Lamar, at this time, has between 29
and 30 million dollars invested in Cer-
tificates of Deposit.
Baxley said the system used in in-
vesting Lamar’s reserve monies is
called “timing your cash flow” or
“rolling your funds.”
Higher rates of interest are usually
based on CDs in excess of $100,000,
Baxley said. “For example, if we had
$300,000 that we didn’t need for 90
days, and if we were fortunate
enough, which we have been, to get
17% percent on an annual rate, we
would invest the $300,000 and receive.
approximately $13,000 in earned in-
terest.”
The monies used for investments
come from locally collected funds to
which the university has access, such
as construction money, interest in
sinking reserves on bonds, combined
use fees, and the locally collected tui-
tion and fees, Baxley said.
“We have over three million dollars
of the combined use fee invested. We
may have as much as $600,000 in one
group at the beginning of the year
when we collect our combined use fee
from students.
“If we don’t have a bond payment
for several months, we would invest a
great deal of that at one time for 60 to
90 days until we know that we have to
make a bond payment. When the CD
matures, we make the bond payment,
and then we reinvest again,” he said.
Baxley said that a great deal of the
credit for setting up the cash flow for
investing goes to comptroller A1 Hag-
gard and his staff. “If you don’t have
a*'good cash flow system, you can’t
have a good investment program,"
he said.
President C. Robert Kemble said
Lamar lighting survey conducted
By ELIZABETH KELLEY
of the UP staff
A survey of outside lighting condi-
tions on campus was made Thursday
night to determine by priority areas
that are in need of additional lighting,
Oscar Baxley, vice president for
finance, said.
Baxley, along with Ray Rice, direc-
tor of operations, and Ken Sparks,
director of the physical plant, toured
the campus to seek out problem
areas.
Also, they looked for areas where
repairs or replacements to existing
light fixtures are needed, plus pro-
blems in night parking for night
students.
“The purpose is to take care of the
most critical areas first,” Baxley
said. Priority is based on the amount
of darkness and the traffic flow in a
given area.
“The administration is concerned
over areas of limited lighting,” Bax-
ley said.
On the west endof campus, problem
areas, according to the survey, in-
clude:
—1The pole lights between Gray
Library and the Office of University
Housing are not working.
—The area between the Health
Center, the Main Dining Hall and the
tennis courts are lighted only when
the tennis court lights are on.
—The pole lights around Dining Hall
B and the southeast side of McDonald
Gym, along the access road, are out.
—The lights on the Handball Court
Building are out.
—The lights on the south side of
McDonald Gym building are not
working.
—The area around Dining Hall B on
the north side is in need of a pole light.
—The canopy lights on the main en-
trance to Dining Hall B were off. They
will probably need to be put on a
timer, Baxley said.
—On the west side of the Office of
University Housing, along Redbird
Lane, there Ts a heed of two pole
lights.
—Five of the pole lights on the north
side of Gray Library are out.
—The area north of the Post Office
Building between the post office and
the Setzer Student Center is in need of
two or three pole lights.
—Approximately 25 percent of the
pole lights that run from the post of-
fice behind the Setzer Student Center
to McDonald Gym are out.
—Three of the globe lights behind the
Setzer Student Center are out. Also,
some of the canopy lights are out.
—On the sidewalk between McDonald
Gym and the tennis courts, there are
two pole light out; also, this area may
need one or two more pole lights, Bax-
ley said.
—The area between McDonald Gym
and Ty Terrell Track needs pole light,
and one light is out of order.
On the north side of campus, accor-
ding to the survey, problem areas in-
clude:
—The pole lights on the inside of the
swimming pool fence are out.
—The large wooden pole light on the
southeast corner of Women’s Gym is
out.
—One of the pole lights between the
Women’s Gym and the Chemistry
Building is out.
—The canopy lights on the west end of
the Chemistry Building are out.
—The grassy area between the
Chemistry Building and Hayes
Biology Building needs two
floodlights.
—The area on the west and north side
of the Women’s Gym Annex buildings
is dark.
—The pole light between Apartment
units I and II on University Drive is
out.
that, because of the earnings from in-
vestments, the university now has the
ability to take care of certain pro-
blems that they didn’t have funds for
in the past.
“In 1977 we had nine million in-
vested. By 1980, it was up to between
29 and 30 million. A state university
has to depend upon the interest from
reserves on investments to treat its
special needs, or one-time expen-
ditures, as well as provide a special
reserve for emergencies,” Kemble
said. Special needs range from test
tubes to computers.
With earnings from interest
monies, Lamar was able to spend
$174,000 for one-time Expenditures
(special needs) in 1979. In 1980, the
figure was up to $391,000.
Because of the availability of
higher interest rates and higher earn-
ings, Kemble has projected that
$686,000 will be used for one-time ex-
penditures in 1981-82. That will bring
the total spent for a three-year period
to $1,251,000.
The one-time expenditures for
1981-82 are broken down into three
categories: additional salary
benefits, one-time requirements, and
items from special regenerative ac-
counts.
The additional salary benefits for
1980-81 include $73,000 for merit and
incentive supplements to faculty and
staff. The benefits are in addition to
raises given on Sept. 1.
Under one-time requirements,
$87,500 was allotted for educational
equipment in the academic and
academic-related area. In this same
area, over $40,000 has been allotted
for recruitment and marketing.
Kemble said the $40,000-plus for
recruitment and marketing is to do a
pilot effort of strong media-supported
advertising in Houston and
Galveston. Through advertising, the
university hopes not only to increase
enrollment, but also to attract quality
students.
The number of high school
graduates has declined in general
throughout the United States because
the baby boom of World War n has
passed. For this reason, enrollment is
down in universities. Thus, a strong
recruitment effort is being made.
Under special regenerative ac-
counts, $88,000 is being given for
special graduate fellowships.
Kemble explained why the money is
regenerative. Head-count of students
and number of semester credit hours
taken are part of the formula used by
the state to determine the amount of
monies to be appropriated to a univer-
sity.
The larger the head-count or
semester credit hours taken, the
larger the appropriation. In the case
of graduate students, the amount of
money paid per semester credit hour
is from four to eight times larger than
for undergraduate students.
The money spent on fellowships for
graduate students will be regenerated
through state appropriations. This is
basically true of any monies spent
that increase enrollment.
“Four years ago, the university
didn’t have adequate reserves to in-
vest, let alone earnings from interest
to reinvest for needs of the
university,” Kemble said.
“Two years ago, we trimmed facul-
ty back about five percent in cost, and
administration about six percent. It
was that trimming process which put
us back in the budget.
“We don’t let a day go by anymore
with loose money. As soon as money
comes free from one account, we
reinvest it. The regents were helpful
there. They were conscious of that ef-
fort and pressed us on how to handle
our investments.
“The State of Texas does well to get
90 percent return on its
reinvestment,” he said. “We get
about 98 percent.
“The whole university has been in-
volved in helping us to put ourselves
in a better position,” Kemble said.
—The area around the Campus Plan-
ning Office that runs to Beeson
Technical Arts, along the west side of
the parking lot, is dark.
—The lights for the Technical Arts
Annex buildings are not working.
—The area behind the Employment
Office is dark.
—The parking lot lights on the north
side of the Beeson Technical Building,
are out.
—There is a need for canopy lights
between the Women’s Gym and the
Hayes Biology Building, Baxley said.
—On the canopy between Women’s
Gym and the Science Auditorium, the
survey recommends that they replace
every other incandescent light with
fluorescent lights.
—On the northwest comer of the Cen-
tral Plant Building, there is a need for
a pole light.
The problem areas found on the
east side of campus, according to the
survey, are as follows:
—There is a need for about six pole
lights near the Plummer Administra-
tion Building, two on the south side
and four on the north side.
See LIGHTING, page 4
Fair’s ‘sneak-a-peak’
to open Thursday
A fair just can’t come often
enough for some people.
And if you have driven by Fair
Park the past two or three days to
look at preparations for the South
Texas State Fair, you have noticed
people walking through the
grounds to look at the rides being
constructed.
This year, the Young Men’s
Business League, sponsor of the
fair, has worked something out
with the Bill Hames Shows and
several area radio stations that
ought to satisfy those who wish to
sneak in a little early.
“And ‘sneak’ it is,” Tommy
Hinote, general chairman of the
40th Annual South Texas State
Fair, said. “It’s called ‘Sneak-a-
Peek,’ and it has proved highly
popular at several fairs where the
Hames shows have played.”
The Bill Hames Shows provide
the midway for the fair.
‘Sneak-a-Peek’ will be Thurs-
day, the day before the official
opening of the fair.
“Thursday night, ‘Sneak-a-
Peek’ will begin at 6 p.m.,” Hinote
said. “All persons will be admitted
to the fair grounds for $1, except
children 12 and under who will be
admitted free. Parking is $2. If we
have an overflow in parking, the
Multi-max lot will be opened, and
city shuttle buses will run.
“The Hames shows will set up
four booths at the entrance to the
midway, just past the kiddy
rides,” Hinote said. “At these
booths, plastic wrist bracelets,
similar to the ones you wear when
you’re admitted to a hospital, will
be sold to adults and children for $5
each.”
Wearers of these bracelets can
go onto the midway and ride any
ride they wish, as many times as
they wish, and as long as the mid-
way is open that night. And that
probably will be until about 1 a.m.,
Hinote said.
Bracelet sales will end at 11 p.m.
Hinote stressed there is no limit
to the number and variety of rides
with the bracelets. It’s a person’s
ticket to the whole midway.
Hinote said exhibitors and con-
cessionaires may open their
booths if they wish, and persons in
the grounds can visit those, too.
The YMBL has sponsored the
South Texas State Fair since 1942.
Inside
Campus survey, page 2
BSQ to feature twin pianists,
page 3
Lamar: Best place for Institute,
page 4
Cardinals escape defeat, page 5
Weather_
Wednesday and Thursday
weather forecast calls for partly
cloudy skies with a 30 percent
chance of rain. The highs will
be in the mid- to upper-80s,
and the lows will be in the mid-
to lower-70s.
Vickie Daniel: ‘I didn't feel I had a choice
LIBERTY (UPI)—Vickie Daniel
said she had no choice but to testify
during a bitter six-week court fight to
keep custody of her two sons and that
she accidentally shot her husband,
former Texas House Speaker Price
Daniel Jr.
“I didn’t feel I had a choice,” Mrs.
Daniel said Monday in a pre-trial
hearing. “Either I testify or I lose my
children.
“I was very upset and I was
hopefully doing what I thought was
best. But I didn’t understand a whole
lot. I relied on what little I
understood.”
Mrs. Daniel’s lawyer, Jack Zim-
merman, is attempting to block the
previous testimony from the murder
trial which is expected to start today
before an eight-man, four-woman
jury.
“In a sense, it would be like allow-
ing the state to call a defendant to the
stand,” Zimmerman said.
State judge Leonard Giblin Jr. of
Beaumont planned to rule today on
whether to allow as evidence trial
transcripts in the criminal pro-
ceedings. He also said he would hear
more pre-trial motions, including a
defense motion to suppress
statements Mrs. Daniel made to law
enforcement officers following the
shooting.
Daniel, son of former Texas Gov.
Price Daniel Sr., was killed in the cou-
ple’s spacious ranch home following
an argument in January. Mrs. Daniel
had filed for divorce from her 39-year-
old husband only weeks before the
shooting.
According to previous court
testimony, the Daniels were fighting
because she refused to sign a divorce
settlement document without her at-
torney present.
Mrs. Daniel told Giblin Monday she
testified in the earlier civil case about
the shooting only because she feared
losing her two children to her sister-
in-law, Jean Daniel Murph of
Richardson, Texas.
She said she was told by her at-
torney, Richard “Racehorse”
Haynes, that if she did not waive her
right and testify, her chances of los-
ing the young boys increased im-
mensely.
Haynes was called as a witness
Monday, along with the judge who
presided over the custody trial.
Haynes said if he had to do it all
over again, “I’d do it the same way.”
He charged the only reason Mrs.
Murph was so insistent on the child
custody case being held before the
criminal proceeding was “to enhance
the prosecution of the criminal case. I
I
contended we'were being pushed into
that position.”
Mrs. Daniel’s right to a fair trial
would be violated if the state uses her
statements from the previous trial in
her murder case, Zimmerman claim-
ed Monday.
However, District Attorney Carroll
Wilbom argued that Mrs. Daniel
testified voluntarily last March when
she fought Murph for the right to her
sons.
“There was no threat by anyone in
authority to coerce the defendant
Mrs. Daniel to testify against her
will,” Wilbom said. “The waiver of
her Fifth Amendment right to self-
incrimination has been shown to be
voluntarily made.
J
Upcoming Pages
Here’s what’s next.
Search Inside
This issue can be searched. Note: Results may vary based on the legibility of text within the document.
Matching Search Results
View 10 places within this issue that match your search.Tools / Downloads
Get a copy of this page or view the extracted text.
Citing and Sharing
Basic information for referencing this web page. We also provide extended guidance on usage rights, references, copying or embedding.
Reference the current page of this Newspaper.
Johnson, Renita. Lamar University Press (Beaumont, Tex.), Vol. 58, No. 10, Ed. 1 Wednesday, October 14, 1981, newspaper, October 14, 1981; Beaumont, Texas. (https://texashistory.unt.edu/ark:/67531/metapth499743/m1/1/?q=Lamar+University: accessed June 3, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Lamar University.