The Galveston Daily News from Galveston, Texas on September 24, 1978 · Page 39
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The Galveston Daily News from Galveston, Texas · Page 39

Galveston, Texas
Issue Date:
Sunday, September 24, 1978
Page 39
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Record Demands For Company Chiefs Spur College Business Students <Ilu- o^ltu-sUm tliitii Ni-ti.s 7-T) CHICAGO (UPI) - A last year. They earned 13.1 conglomerates followed Executives in the Nnr- r -D Sunday Morning. September 24,1978 '•^•'••••••^••••••i MILITARY ORDER OF COOTIES V.F.W. POST 880 1014 24th Street SUNDAY, SEPT. 24, 1978 HAM STEAK wrth orange-cherry Marmlaide sauce supreme Sour Cream Potatoes - Green bean, ala Chef Potato Rolls — Pop & Cake Donation: $2.83 11 a.m. to 4p.m. "••••"•••^^^^^^^•^^^^^^^^^•••••^^^•iQ *«*=«0!xxsoocoe«>e^^ CHICAGO (UPI) - A study of executive compensation offers incentive for every college student who aspires to make it in business. Top U.S. companies paid their chief executive officers an average of $302,000 in 1977 and the demand for executives is up. Despite the decline in the economy, total compensation — salary, bonus, deferred compensation and director's fees — for chief executives hit a record high aoooococooeooeooocco St. Peter's Catholic Church ANNUAL PARISH BAZAAR IN THE NEW AIR-CONDITIONED SHEPARD H ALL 69 t h& o% | E Vooeoco SUNDAY, SEPTEMBER 24th BAR-B-Q BEEF DINNERS •2.75 ADULTS — *1. 75 CHILDREN ENTERTAINMENT - GAMES - BOOTHS - REFRESHMENTS We want to be part of your day! Anytime of day from 9 in the morning until dark is a good time to visit Sea-Arama Marineworld. There's always something going on that's fun to see or fun to do! You'll be amazed at the high jumping antics of our performing dolphins and stagestruck sea lions. Plus there's the beautiful and thought- provoking Seven Seas Tour; an extraordinary Oceanarium-Mermaid Show; trained tropical birds; delightful costumed characters who are far from being camera shy; and so much more! Even a terrific comedy water ski show on spring weekends and daily during the summer! Whether you drop in for just a little while or stay all day, you'll find Sea- Arama Marineworld a worthwhile experience. Our lush tropical garden atmosphere provides a refreshing change of pace for a picnic or a cooling pause in a day on the beach. Even our prices are enticing in this day of budget-busting theme parks. Adults $5.50; Children (3-12) $4.50; and when you come in after 3 the next day is free! So no matter how long you can stay, we want to be part of your day! . sea-Arama Marineworld Super Sea Show by the Sea Shore TICKET BOOTH HOURS) MONDAY - FRIDAY - 10 A.M. - 4 P.M. SATUBDAY 4V SUNDAY - 9 A.M. - 3 P.M. "OPEN EVERY DAY OF THE YEAR" West Beach al Seawall Blvd. & 91st Galveslon Island, Texas 77553 NEWSCENTER11. AT LAST, HOUR TIME HAS COME. WEEKDAYS AT 5. Other stations try to cover our bulging town in a skimpy half hour. But in the nation's fastest growing area, 30 minutes is 30 minutes too short. Presenting Newscenter 11, Houston s only full news hour. With the time to probe beneath the headlines. And the talent to bring the stories to life. Make hour time your time. Join Smith, Balleza, Franklin and South on Newscenter 11 - last year. They earned 13.1 percent more than they did in 1976. Wytmar & Co., international executive recruiting consultants, compiled the figures from 790 major corporations. Average total compensation ranged from $138,000 a year for com-' panics with $50 million to $100 million sales volume to $552,000 for major corporations with sales over $5 billion a year. Another survey indicates demand for executives rose to a nine-year record in the first half of 1978, gaining 5 percent over the high level of the last half of 1977. Executrend, a study of newspaper display advertising in major markets, conducted since 1954 by Heidrick and Struggles, executive selection consultants, also showed demand for the first six months of this year is 15 percent ahead of the same period last year. "Particularly at the top levels, there are more multibillion dollar corporations seeking presidents than at anytime in the history of the firm," said Gerard R. Roche, president of Heidrick and Struggles. "Directors are demanding excellence at the top levels and are not hesitating to go outside," Roche said. The era of the million- dollar executive finally arrived as four chief executives earned in excess of $1 million in 1977," Wytmar said. A heavy industrial construction firm paid the most, $l.l million, followed by an ethical drug firm, a movie maker and an automotive manufacturer. "Fifty-six percent of the chief executives earned $100,000 to $300,000, while 30 percent were paid $300,000 to $500,000 a year. Only 3 percent of the CEO's earned in excess of $700,000 per annum and 2 percent earned less than $100,000." Executives in the consumer personal products industry earned the most, averaging $476,000 last year. Chief executives of OFF THE BOAT DAILY LARGE LB. JUMBO LB. SOFT SHELL CRABS DOZ.7 00 PHONE 945-6378 215-SthAve. N. Texas City Outfitters & Co. 2420 Seawall Blvd. a specialty shop of,fall fashions for guys & gals! Hours: TO to 5:30 Closed Mondays Phone: 762-4262 CHILDREN'S THEATRE WORKSHOP A new fall/winter children's theatre workshop is now forming ot the Strand Street Theatre, 2317 Mechanic, Galveston. The school odmrrs students of any race, color, national and ethnic origin to all the rights privileges, programs, ond activities generally occ- ored or made available to students at the school. It does not discriminate on the basis of race, color, notional and ethnic origin in administration of its educational policies, admissions policies, scholarship and lean programs and athletic ond other school administered programs. For more inforrriuiion about faii/winter classes, call the Strand Street Theatre at 763-4591 or 763-9540. DAILY LUNCHEON SPECIAL 11A.M. TO 2P.M. FREE ORDER ONION RINGS With PwrdMst of Any Rtgt4v FUJI 1 Chips Order! OHtr GwJ »k» S»ft. 30,1» 71 Alfie's conglomerates followed with average pay of $459,000. Heads of electric and telephone utilities received the least, $179,000, while bankers received $185,000 for second to last earnings. AITTHINTK (NCIISH 2117 BROADWAY 762-5962 Executives in the Northeast were paid the best, averaging $332,000, followed by Midwestern executives averaging $305,000. Lowest-paid were Southeastern executives who averaged $222,000. EVERYONE INVITED CARD PARTY SUNDAY — SEPT. 24, 1978 STARTING AT 2 P.M. at the Lulac Hall 72nd & Hxird* Lane Given By TEAM NO. 2 TEPEYAC CHARITY CLUB FOR CANDIDATES LAURA & RANETTE GONZALES PRIZES 1CLUK AmiANCtS, MEXICAN ITEMS, CAK£S IFUXTS. FOR RIDES CALL 744-0026 3 CARDS FOR $1.25 HO* VALUABLE COUPON UNDIK NIW MANAOIMINT SHOREBREAKER RESTAURANT & FLYING PIZZA LARGE PIZZA MEDIUM & SMALL $ 1°° OFF WITH COUPON 50 C OFF WITH COUPON COUPON EXPIRES SEPT. 30, '78 2902 Seawall Bldv. 763-2121 IHARIBCR WC1T DISCC GALVESTCN'S NCWE/T, MC/T DI/CC 1 I I I I I I I I I Op«n Friday, Saturday A Sunday , From 8:30 p m to 2ttO am SUNDAY BUFFET Servedfrom 1 1 A.M. to 2 P.AV STEAMSHIP ROUND ROAST STUFFED PORK CHOP (WITH GRAVY & APPLE SAUCE} SHRIMP CREOLO Served with Garden Fresh Salads, Vegetables, Desserts and Beverages. ADULTS. Hippy Hoar B.-30 p.m. to 10:00 p.m. Sunday Is Udles Night ! wHft complimentary ttrlnfc* from trOO p.m. to 11:00 p.m. Children Under 12 and Senior Citizens 65 and over 600 STRAND MIXED DRINKS ONLY SI .00 71C1 744-9973 GALVESTON wersaryi REBATE PROGRAM: Join with us and Zenith in this exciting 1 double celebration by taking full advantage of the big Zenith 60th Anniversary Customer Rebate Program. You'll save significant dollars on selected Zenith SYSTEM 3 TV models ... up to 560.00 depending on the set purchased. Here's how the program works. Just buy any one of the qualifying models, fill out the money-back coupon from your Zenith dealer and send the coupon back to Zenith with your owner's registration card as your proof of purchase. You'll get a check direct from Zenith. Program starts Sept. 4 and ends Nov. 1, 1978. Featuring 1979 The ROSSINI K2548E Mediterranean Styled Console. Genuine Oak wood veneers on top and ends. Front and base of simulated wood. Antique Oak color finish. Casters. THE BEST ZENITH EVER! TRI-FOCUS I TRIPLE-PLUS I COLOR SENTRY PICTURE TUBE CHASSIS 2enith , most Ifie sharpest Zenith I Designed to be the most I sophisticated, automatic picture ever! | reliable Zenith ever! | picture control system! The IVES • K2544M Early American Styled Console. Maple wood- grained finish applied to genuine Maple wood veneers on top and ends. Gallery of select hardwood solids and base of simulated wood. Casters. The HAYDN K2512W Table TV featuring American Walnut wood-grain finish applied to durable wood products. ******** * * * ZENITH... America's No. 1 TV... year after year! iOurjpai price PLUS you git up to'60" from Zenith See Your Gal vest on Area Zenith Dealers! -10 . t

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