Stephenville Empire-Tribune (Stephenville, Tex.), Vol. 111, No. 137, Ed. 1 Friday, January 25, 1980 Page: 1 of 10
ten pages : ill. ; page 21 x 14 in. Digitized from 35 mm. microfilm.View a full description of this newspaper.
Extracted Text
The following text was automatically extracted from the image on this page using optical character recognition software:
1
♦
I
I
Fitts announces
.0
Judge Herman Fitts
order that the expected 250
volunteers can turn in the con-
tributions collected during the
basketball tournament Ranger was playing Cisco Jnnior CaOege.
(E-T Staff Photo by Jim Crawley)
Bea Stoddard, Margaret
Anderson and Danny Croft are
contributing their time to
count money for the March of
Dimes. Also present will be
Judge Fitts, who has served
as judge of this district for the
past eleven years, stated that
he appreciates the opportunity
of serving in this office and if
reelected will continue to con-
duct the judicial business of
the district fairly, impartially
and in an efficient manner.
Judge Herman Fitts of
Mineral Wells announced this
week that he has filed for
reelection as District Judge of
the 29th Judicial District com-
posed of Erath, Hood and Palo
Pinto Counties.
r
A
1
*
_>•>* fl AjB
• *
1
in a recent interview.
Exxon has announced it will
boost spending oil and gas
exploration and other major
projects by about $1 billion to
$7.5 billion this year, and has
said in advertisements its
“profits should be judged by
the need to generate capital
for large investments.”
The company said it earned
a return of 16.3 percent on the
total capital invested, and 20.1
percent on shareholders'
equity. The figures were up
from 14.0 percent and 12.5
percent, respectively.
On Thursday, Texaco Inc.,
the third-largest oil company,
and Gulf Oil Corp., ranked
fifth, said their 1979 gains
Erath County March of
• S
they have turned in their con-
tributions and surveys on
teenage pregnancy.
Bank Tellers Jane Pack,
Stephenville Bank & Trust
Company President, C.H.
Maguire announced that the
Stephenville Bank will open
. for the March of Dimes
Mothers’ March against birth
defects “bank night" on
January 28 from 6:00 to 9:00
. p.m. “Bank night” is held in
billion or $6.20 a share in 1978.
Revenues rose 30 percent to
$84,350 billion.
For the fourth quarter,
Exxon said its profits totaled
$1,365 billion, or $3.10 a share,
up from $853 million or $1.92 a
share in the same period of
1978.
Exxon’s fourth-quarter
gains were moderated by the
impact of December’s an-
nouncement of a 33 percent
increase in the price of Saudi
Arabian oil, retroactive to last
Nov. 1.
The retroactive increase cut
refining profit margins and
cost Exxon about $100 million
in earnings, Controller
Ulyesse LeGrange estimated
SPARSE ATTENDANCE-
Attendance was sparse to say
the least at the morning
games of the Tarleton
Women's Invitational
basketball tournament. These
two girts were the only oc-
cupants of one side of the
stands during the Ranger-
Cisco match. Most the mor-
ning attendance was com-
posed of players awaiting
their tun on the court. (E-T
Staff Photo by Jim Crawley)
STRATEGY SESSION- Ranger Junior College coach Kay Kincaid
gives some last minute pointers to her basketball team during
Friday morning action In the Tarleton Women’s Invitational
came after several years of
lackluster performance.
Return bn shareholders’
equity for Gulf was 16.3
percent in 1979, while
Texaco’s was 17.7 percent.
The average U.S. manufac-
turing company earned 16.7
percent on shareholder’s
equity in the first nine months
of 1979 according to the
Federal Trade Commission.
. The two were the latest oil
companies to announce profit
increases for 1979, a year
when the companies say a
world oil price explosion
resulted in sharply higher
profits, with much of the
earnings gains coming from
operations overseas.
'C previous four days. Maguire
invites all volunteers to cofne
by for coffee and donuts after the bank's Customer Service
Representatives, Mary
Waldie and Glenda I-acy.
Exxon profits: $4,295,000,000
NEW YORK (AP) - Exxon
Corp., the nation’s largest oil
company, today reported a 60
percent earnings gain for the
fourth quarter and a 55 per-
cent increase for 1979 from
1978 results. It became the
first industrial company ever
to earn more than $4 billion in
a year.
The report followed an-
nouncements by several other
major oil companies that the
1979 world oil price explosion
• resulted in sharply higher
profits, with much of the
earnings gains coming from
operations overseas.
Exxon said its profits for the
year totaled $4,295 billion, or
$9.74 a share, up from $2,763
Marchers' 'bank night' scheduled
Dimes Chairman, Donna Con-
atser said that “bank night”
will be the grand finale to the
collection efforts. Members of
Stephenville civic clubs will be
participating along with
residents of the Lingleville,
Huckabay and Dublin com-
munities. 4
Mr hoi
Saturday
!
Inside
Hot dog and chili supper, Senior Citizens
Center, 6:30 p.m.
Classified ads.
Comics.......
Dear Abby....
Dublin Doins. .
Obituaries'...
Sports........
.....7-10A
.......HA
........3A
........2A
.......12A
......MA
Jimmy Bertram, age 8, Stephenville
Cross Timbers Basin - Partly cloudy and mild through
tonight becoming colder Saturday. High Friday mid 60s.
Overnight low upper 30s. High Saturday lower 50s.
Thursday’s high 66. Friday morning’s low 47.
Stephenville
Today
Bingo, Senior Citizens Center, 6 p.m. *
Singles Serving Christ, Perry Hall, Dublin, 7
p.m.
Bluff Dale Lodge No. 724,7 p.m.
■
i
i
•J
Khomeini votes
Day S3
By The Associated Press
Ayatollah
being conscripted at all, and I
don’t think we should assume
young people are any less
patriotic than their parents. ”
Nonetheless, officials of the
U.S. National Student
Association and a coalition of
42 peace, civil rights, religious
and student groups pledged
Thursday to picket, protest,
demonstrate and hold campus
teach-ins to register their
opposition to President
Carter’s call to readiness.
As if on cue, students at
Stanford University in
California burned a facsimile
of a draft card Thurday at a
rally.
“If registration becomes a
reality, we will call for a
massive national protest on
the day registration is
resumed," said Barry Lynn, a
spokesman for the Committee
Against Registration and the
Draft, a lobbying group that
claims to represent various
activist organizations.
Frank Jackalone, chairman
of the National Student
Association, said, “We don’t
believe the youth of this
country will tolerate such an
invasion of their civil rights.”
But the White House clearly
thinks they will.
One official acknowledged
that the registration
requirement would add a
measure of uncertainty to the
lives and planning of the
nation’s young people but
insisted: “It doesn’t intrude
on their jobs or their activities
as students. The notion of
simply being ready seems
eminently sensible and one
they can accept.”
Carter would have to ask
Congress for authority to
register women, but his long-
time support of the proposed
Equal Rights Amendment to
the Constitution and sexual
integration of the armed
forces suggests he may be
ready to ask for that
authority.
He has said in the past, “If
we register persons for future
use in some form in our
country, it would probably be
inevitable we would register
both (men and women).”
Administration expects
little draft resistance
WASHINGTON (AP) -
Carter administration of-
ficials say they don’t an-
ticipate any serious resistance
from young people who will be
ordered to register "for the
draft a few months from now.
But for the time being, they
are remaining noncommital
on the question most directly
affecting half of those young
people: Whether the 16 million
women between age 18 and 26
will be subject to registration
like their 16 million male
contemporaries.
Without referring to either
gender, one high official, who
asked to remain nameless,
said: “They’re not being
conscripted for some highly
unpopular war. They’re not
described as a mild heart
Ruhollah attack, “went to a polling
Khomeini left his hospital bed booth at the hospital this
today to cast his ballot and morning and cast his ballot.”
spur his countrymen to the Revolutionary guardsmen
polls for the election of the were on the alert throughout
first president of their new Iran, guarding against
Islamic republic. “foreign mercenaries” who
Tehran Radio said the 79- the government radio said
year-old leader of the Iranian were plotting to disrupt the
revolution, who was election. But last-minute
hospitalized early Thursday electioneering proceeded
after what was officially normally Thursday.
,1 •• .
!
4
L
-f
Copra* IMO Erath PuMuhort. Inc
Frid
January 25, 1980
Price: 15 cants
Ono Section
12 Pages
Vol. Ill,No. 137
. . I
Stepljenuille Icmpire-Sribune
his
the
! Of
ion
to
I*
' t TN”
Ms
X.
TexAnns advance
see page 5A
Too Tall returns?
see page 5A
■ D^3TX. .
| Cut your taxes
see page 12A
1
£
*
II,
? =
^32
-
*
< •
I
I
1
-I
i
Ab?. - .
8
b./i kJ**’’??
if;- ' ' *
Ik
I Illi ..........™
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.
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.
Doggett, Denver. Stephenville Empire-Tribune (Stephenville, Tex.), Vol. 111, No. 137, Ed. 1 Friday, January 25, 1980, newspaper, January 25, 1980; Stephenville, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1283924/m1/1/: accessed June 10, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Dublin Public Library.