The White House said today that the United States would ask the Soviet Union to agree to drastic cuts in medium-range arms despite the Russians’ opposition to the “Star Wars” program. The White House spokesman, Larry Speakes, said Secretary of State George P. Shultz would take up the issue when he meets next week in Vienna with Foreign Minister Eduard A. Shevardnadze of the Soviet Union. The talks will be their first since the Iceland summit meeting two weeks ago ended without a final agreement. Mikhail S. Gorbachev, the Soviet leader, indicated in a speech last week that all arms-control issues had now become linked in a single package, and that agreement in one area should be tied to agreement in other areas. Before the Iceland meeting, the Russians had linked curbs on the American space-based missile-defense program, popularly known as “Star Wars,” only to reductions in long-range, or strategic, weapons, leaving the medium-range arms out of the equation. In Iceland, the two sides reached a tentative understanding to eliminate all medium-range missiles from Europe, and to set a limit of 100 warheads each on other such missiles, kept by the Russians in Asia and by the Americans in the United States.
Soviet negotiators responded to new American arms reduction proposals in Geneva this week by reading from recent speeches of Mikhail S. Gorbachev, a senior Western official familiar with the negotiations said today. The official said the fresh proposals, offered Tuesday by the United States, incorporated plans discussed at the Iceland meeting by President Reagan and the Soviet leader for eliminating all medium-range missiles in Europe, as well as an American proposal to eliminate all ballistic missiles, of all ranges, within a 10-year period. But the official, who spoke on condition that his name not be used, said Soviet negotiators both at the negotiating table and in private discussions had not budged from their insistence that the United States antimissile defense program, the Strategic Defense Initiative, remained the main obstacle to an arms agreement.
Mikhail S. Gorbachev told a group of foreign cultural figures this month that he remained optimistic about arms control, according to one of the visitors. Peter Ustinov, the actor and writer, who was received October 20 in the Kremlin along with 10 others, including the American writers Arthur Miller and James Baldwin, said the Soviet leader had “stressed the fact that he was not at all depressed, especially in retrospect,” about the breakdown of the Iceland meeting with President Reagan. The intellectuals had previously gathered on the Central Asian lake Issyk-Kul, in Kirghizia, to discuss global issues at the invitation of the Soviet novelist Chingiz Aitmatov. “It was a free association of people to discuss what we expected from the third millenium,” Mr. Ustinov said in an interview. The forum sent messages to Mr. Gorbachev and to Mr. Reagan, and the Soviet leader responded by inviting the group to come and see him.
A senior Soviet official said the Kremlin is revamping its emigration agencies but gave no indication that the tough stance on exit visas will change. Yuri B. Kashlev, head of the Foreign Ministry’s new humanitarian and cultural relations department, gave no details but did say the changes will be published. His remarks came at a news conference concerning next month’s meeting in Vienna on European security and cooperation. Kashlev will head the Soviet delegation to the conference-a follow-up to the 1975 Helsinki accords. The Soviets have been accused of violating the accords by restricting emigration and suppressing rights groups.
A spokesman for Kurt Waldheim said tonight that the Austrian President was connected with a Nazi unit that participated in a massacre of Yugoslav civilians in 1942. Mr. Waldheim had previously denied any involvement in the operation. The spokesman, Gerold Christian, in a telephone interview from Vienna, emphasized that Mr. Waldheim did not himself participate in the massacre in the Kozara area. “He was in the operation, but he was not in the fighting troops,” Mr. Christian said. “He wasn’t involved in the fighting in this operation.”
At 11:15 AM on this day, Margaret Thatcher, Britain’s Prime Minister at the time, cut a ribbon to open the final stretch of the London Orbital Motorway – the M25. It was then the world’s longest ring road at 117 miles, had taken 11 years to complete at a cost of £1 billion and was, according to Mrs. Thatcher, “a splendid achievement for Britain”. Thousands of frustrated drivers would come to take a different view over the years. Its first traffic jam developed by 5.15pm on that opening day and delays have since become an almost daily occurrence. A report in 2011 revealed that roadworks had caused the equivalent of 118 years in hold-ups over 18 months between junctions 16 and 23 alone. The longest traffic jam recorded was 37 miles on December 6, 1995. Often labelled “the world’s first circular car park”, or ”the London Orbital car park”, in 1989 pop star Chris Rea put the frustrations of thousands to music when he recorded “The Road To Hell”.
The Vatican is issuing new guidelines that say it is acceptable for Roman Catholics to have homosexual tendencies as long as they avoid the “serious sin” of homosexual relations, church sources said. The guidelines uphold church teaching that any homosexual act is immoral, but to have homosexual leanings and remain chaste is not, a senior Vatican source said. The Vatican acted in response to requests from bishops for “guidelines on pastoral care” of homosexual Catholics, the source added.
The West German government announced that it is delaying a decision on whether to name a new ambassador to Syria and is taking other diplomatic and economic steps to show its solidarity with Britain against the Arab nation’s reputed complicity in terrorism. Britain severed diplomatic ties with Syria last week. The West German Cabinet agreed to delay final approval of a $28 million credit to Syria and to postpone or cancel visits by senior Syrian officials. Bonn also plans a check on Syrian Embassy personnel.
There were signs today that France was moving toward closer cooperation with Syria in an effort to curb terrorism in Paris, less than a week after Britain severed diplomatic ties with Damascus, also over terrorism. The French moves, disclosed by officials and in news reports here, were said to be aimed at winning Syrian cooperation in halting terrorist bombings in Paris and in obtaining the release of French hostages in the Middle East. At the same time, France reached a settlement today with Iran on a major cause of friction between the two nations, a dispute over a $1 billion loan made to France by Iran before the present Iranian Government came to power. Both Iran and Syria are seen here as keys to attaining the two most urgent objectives of the Government of Prime Minister Jacques Chirac: the release of the French hostages and the prevention of bombings like those that traumatized this country in September. The French Interior Minister, Charles Pasqua, said in an interview published today that French and Syrian secret services were involved in “real cooperation” to prevent a renewal of terrorist bombings.
Israel has clamped tough new restraints on its arms merchants after an embarrassing scandal over a retired Israeli general’s alleged plan to sell U.S. weapons to Iran, Israeli defense officials said. Under the new regulations, licensed arms dealers must first get a permit to enter negotiations, then a second permit that outlines the final terms of the deal, the Defense Ministry said. In the past, only a general permit was needed. Retired General Avraham Bar-Am was arrested by U.S. officials in April for allegedly taking part in a plot to sell $2 billion in U.S. weaponry to Iran.
Fighting between Palestinians and Shiites spread to the capital today as artillery and rocket duels broke out around Burj al Brajneh, the largest of three Palestinian centers in the area. The police said a nearby highway leading to the international airport was closed after it was hit by shells and sniper fire. Traffic at the airport itself was unaffected. Three members of a Lebanese family were wounded when a rocket struck their home in the vicinity of the clashes between militiamen of the Muslim Shiite Amal movement and Palestinian guerrillas. The flare-up came as Lebanese leftist groups aligned with Syria were working on the formation of a 1,500-man army to enforce cease-fires around Palestinian centers in southern Lebanon. A delegation headed by Walid Jumblat, the Druse chieftain, today visited the port city of Sidon 25 miles south of here to study the situation. Mr. Jumblat, who leads the Progressive Socialist Party, will command the projected militia army.
In a move that stunned oil specialists, the King of Saudi Arabia yesterday abruptly removed Sheik Ahmed Zaki Yamani, the chief architect of the Arabs’ campaign to control their oil resources, as the Saudi oil minister. Saudi Arabia, which has been producing oil since 1939, is the world’s third-largest producer after the Soviet Union and the United States, and it is believed to have the world’s largest oil reserves. The kingdom was a major force behind the founding in 1960 of the Organization of Petroleum Exporting Countries. Sheik Yamani could not be located last night for comment. The announcement of his removal after 24 years in the post was made by the official Saudi Press Agency before dawn Thursday in Saudi Arabia and confirmed in Washington by the Saudi Ambassador, Prince Bandar. No explanation was given in the King’s statement, leaving industry analysts and sources familiar with Saudi Arabian politics searching for a reason.
Soviet and Afghan armed forces have stepped up bombing of civilian areas in Afghanistan, according to Pakistan officials and Afghan guerrilla leaders. The same sources also asserted that there had been an increase in the number of aerial incursions into Pakistani territory, to more than double the rate of last year, The Afghan air attacks were said by officials to have forced more and more refugees to flee to Pakistan, and have stirred charges here that the Soviet Union is again seeking to intimidate Islamabad to force it to end its support of the six-year-old Afghan insurgency. In a related problem, the Pakistan authorities have become increasingly concerned about a wave of bombings this year in marketplaces, offices and neighborhoods in Pakistan territory adjacent to the Afghan border, particularly in Peshawar, the capital of the Northwest Frontier province.
Six Indians were convicted in New Delhi of spying for the United States and were sentenced to three-year prison terms, the Press Trust of India said. Five government officials were found guilty of passing “critical information about India” to the sixth man, P.E. Mehta, a consulting engineer, who said he sold the secrets to U.S. Embassy officials for $390,000. Mehta and the officials — K.K. Sareen and R.P. Varshney, directors of India’s Planning Commission, and E.L. Chaudhari, Mahabir Prasad and C.S. Balakrishnan, secretaries to various ministers — were arrested in 1977 but were free on bail during the nine years of court proceedings.
Four United States military specialists went to Hanoi today for technical talks aimed at resolving the status of 1,786 Americans listed as missing in action in the Vietnam War, which ended in 1975. The talks, the fourth round this year, had been set for October 8, but were suddenly canceled by Vietnam with no explanation. The technical talks began in December 1982. The American delegation is headed by Lieutenant Colonel Joe Harvey, commander of the Honolulu-based United States Joint Casualty Resolution Center, the military unit in charge of settling the issue.
A Japanese gangster’s grenade may have exploded accidentally, causing the violent plunge of a Thai jetliner that injured 62 people Sunday, Japanese press reports said. Investigators have said they believe an explosion occurred on the A-300 Airbus before a loss of pressure caused the wild descent and an emergency landing at Osaka, Japan. Kyodo News Service said metal fragments found in a rear toilet may have come from a U.S.-type fragmentation grenade. Osaka police reportedly were investigating two Japanese men who boarded the Bangkok-Osaka flight in Manila. One is an alleged gang member from Osaka, who remains hospitalized with injuries suffered in the accident.
Philippine Vice President Salvador H. Laurel, in what was widely seen here as a veiled challenge to President Corazon C. Aquino, today proposed a nationwide vote of confidence in their Government. His suggestion drew him close to the position of Defense Minister Juan Ponce Enrile, who has questioned the Government’s legitimacy under a proposed new constitution that will face a plebiscite next January. Mr. Laurel said the voters should also be asked in the plebiscite whether the President and Vice President should serve out their six-year term and whether they favor an early presidential election next May. He said that he was not prepared to accept the automatic endorsement of his term offered by the draft charter and that the people should be asked directly to confirm the mandate of the Aquino Government.
United States diplomats have warned the Philippine Defense Minister to halt his efforts to challenge the leadership of President Corazon C. Aquino, Administration officials said today. As the United States today proclaimed its “complete and unequivocal support” for Mrs. Aquino, officials said diplomats in Manila had conveyed to the Defense Minister, Juan Ponce Enrile, the Administration’s unhappiness over his criticism of Mrs. Aquino. Officials said the expressions of displeasure had been conveyed at the behest of President Reagan. Mr. Enrile is the only Philippine official to have joined Mrs. Aquino’s Government from the Cabinet of Ferdinand E. Marcos.
Griffin Bell, the former Attorney General who is seeking to defend a captured American flier before a Nicaraguan tribunal, arrived here today from Managua and said he could not see his client. “It was terrible — immoral,” Mr. Bell said of the Sandinista Government’s refusal to let him meet with the flier, Eugene Hasenfus, who was captured after Nicaraguan troops shot down a plane carrying supplies for anti-Sandinista rebels. “I’m at very much of a hardship” in defending the case, said Mr. Bell, who returned to prepare defense documents for Mr. Hasenfus and plans to go back to to Nicaragua on Sunday.
Efforts to legalize divorce in Argentina have come to an abrupt halt. The development has come in the last few months, after the Roman Catholic hierarchy suggested that bishops deny communion to members of the lower house of Congress who approved divorce legislation in August. On Tuesday night, after two weeks of public name-calling between bishops and members of the Chamber of Deputies, the Senate’s leadership rejected a move by the governing Radical Party to take up the bill this week before the current session of Congress ends.
Britain moved today to halt overfishing around the Falkland Islands and to head off Argentine encroachment by declaring a 150-mile protected zone. In Buenos Aires, a spokesman for President Raul Alfonsin’s Government, Jose Ignacio Lopez, rejected the declaration, calling the decision an affront to Argentine sovereignty in the area of the islands. The Foreign Secretary, Sir Geoffrey Howe, announced the decision in Parliament and cited among the reasons “aggressive patrolling” by Argentina and Argentina’s failure to cooperate in reaching a fisheries agreement. Britain told the United Nations that the establishment of the fishing zone was a temporary measure.
President Kenneth D. Kaunda of Zambia, repeating earlier charges, said today that there was “sufficient, circumstantial evidence” to hold South Africa responsible for the death of President Samora M. Machel of Mozambique. Mr. Kaunda and other leaders of South Africa’s black-ruled neighbors also dismissed as South African-inspired a declaration of war against Zimbabwe by Pretoria-backed rebels seeking to overthrow Mozambique’s Marxist Government.
G.M. workers in South Africa struck, seeking an increased voice in company affairs when the unit is sold to South African interests. The employees are demanding greater guarantees for black workers.
President Reagan today urged the election of House Republicans by highlighting a Congressional race in which he said Democrats had abandoned “the principle of fair play.” Broadening his personal drive to maintain Republican control of the Senate, Mr. Reagan made his first appeal for the election of Republicans to the House of Representatives as he embarked on his final campaign swing before next Tuesday’s election. Republican political strategists doubt that they will add to their 182 members in the House, but they are hoping to minimize the number of seats they will lose, or perhaps lose none at all. Mr. Reagan’s attack on Democrats came amid a rousing reception in Evansville, Ind., the scene of a replay of a hotly contested and bitter race between a Republican challenger, Richard D. McIntyre, and a Democratic incumbent, Representative Frank McCloskey.
President Reagan is presented with a Jackalope head by Senator Jim Abdnor.
The Deep South, where the Republicans have enjoyed their most dramatic success in realigning voters toward their party, is emerging as a key to the Democrats’ hopes in next Tuesday’s elections. Officials and strategists of both parties also say that the 1986 vote here, more than anywhere else in the country, will determine the extent to which President Reagan has succeeded in his long-term goal of making the shift of voters toward the Republican Party an enduring fact of American political life. “This is the supreme test of realignment,” said V. Lance Tarrance, a Republican poll-taker. “Reagan gave the Republicans a shot in the arm, but they’re on their own this time.” Along with a block of states in the West, five Southern races — in North Carolina, Alabama, Georgia, Florida and Louisiana — have become pivotal to the Democrats’ hopes for taking over the Senate. After trailing in most of those states in the summer and fall, the Democrats seem to be gaining ground in all, analysts in both parties agree.
Two proposals for changing the tenure of U.S. presidents were voted down by large public majorities in a Gallup Poll taken September 3–17. Limiting presidents to a single six-year term in office met with almost 3–1 public resistance, with 25% in favor and 70% opposed. A second proposal, removing the constitutional restraint on the number of terms presidents can serve, was favored by 33% and opposed by 64%. This proposal, which would require repeal of the 22nd Amendment limiting presidents to two four-year terms, was far more popular among Republicans — many of whom would like to see President Reagan run for a third term — than among Democrats and independents.
The National Academy of Sciences charged yesterday that the Federal Government’s response to the AIDS epidemic had been dangerously inadequate and called for a $2 billion-a-year educational and research effort to avert a medical catastrophe. The Academy said in a report that the AIDS problem was becoming so urgent that it required “perhaps the most wide-ranging and intensive efforts ever made against an infectious disease.” Dr. David Baltimore of the Massachusetts Institute of Technology, co-chairman of the report committee, said at a news conference in Washington that the Academy was “quite honestly frightened” by the AIDS virus’s potential to spread. “This is a national health crisis,” he said, “of a magnitude that requires Presidential leadership to bring together all elements of society to deal with the problem.” “If the spread of the virus is not checked, the present epidemic could become a catastrophe,” the report warned. “The situation demands both immediate action to stem the spread of infection and a long-term national commitment to produce a vaccine and therapeutic drugs.”
Utah must cope with AIDS, leaders of the Mormon-dominated state have reluctantly acknowledged. For years many residents of this state believed there was no AIDS problem, in line with the church’s conservative sexual teaching. Now, at the suggestion of the state’s small community of homosexuals, Governor Norman H. Bangerter has proclaimed this “AIDS Awareness Week,” and Mayor Palmer DePaulis of Salt Lake City has taken a lead in warning residents about the spread of acquired immune deficiency syndrome. The fatal disease is transmitted by a virus through sexual contacts or exchanges of blood that, in the United States, has principally affected homosexual males and intravenous drug abusers. More than 65 percent of Utah’s 1.6 million residents are Mormons, members of the Church of Jesus Christ of Latter-day Saints, a fast-growing religious organization whose doctrines rank homosexuality, adultery and fornication next to murder in grievousness among major sins.
As Election Day nears, Democratic Senate candidates around the country have cut their campaigns to the bone, and even gone into debt, to come up with funds needed to saturate television in the final week. Campaign staffs have been pared, headquarters space reduced, and buttons, banners, brochures not replenished. But candidates who reduced their advertising purchases only weeks ago say their television commercials will be competitive with those of their well-financed Republican opponents in the week before Election Day. This national strategy has been urged by the Democratic Senatorial Campaign Committee, which recommended that candidates put aside far more than they did in the past in a last-ditch effort to sway large numbers of voters. The generally well-financed Republican candidates had no need for such draconian economies, and, indeed the Democratic strategy is geared in part to fears of the last-minute television efforts by the Republicans.
Five astronauts and a team of NASA flight controllers handled various training problems programmed into the first extended simulation of a shuttle mission since the January 28 Challenger disaster. The 32-hour simulation began at 9 AM at Johnson Space Center in Houston and was scheduled to continue until 5 PM tomorrow. The simulation will include the make-believe launch of a British Skynet military communications satellite and Palapa, an Indonesian communications relay station.
An engineer at Morton Thiokol Inc. who opposed the launching of the space shuttle Challenger and later said he was punished for his stand is leaving the aerospace company. The engineer, Roger Boisjoly, 48 years old, has not worked at Morton Thiokol’s plant west of here since July. “I’ve been on an extended leave of absence,” Mr. Boisjoly said Tuesday. “It’s common knowledge at the plant that I’m not going back to work at Thiokol.”
The Air Force’s new AMRAAM air-to-air missile bypassed radar-jamming equipment aboard a target drone and successfully intercepted it in the first test of the weapon’s ability to overcome attempts to foil its guidance system, the Pentagon said. The test, conducted last week at the White Sands Missile Range in New Mexico, “tested AMRAAM’s ability to identify and cope with the target drone’s electronic countermeasures, acquire the low-altitude maneuvering target and intercept it,” a Pentagon statement said.
Federal authorities said that 4,620 pounds of cocaine had been found in Florida in a tractor-trailer container aboard a Venezuelan freighter-reportedly the largest cocaine seizure in U.S. history. Officials said the cocaine is worth $46.2 million wholesale and 10 times that amount on the street. The smuggled cocaine arrived at the port of Palm Beach aboard the freighter Malargo I from La Guaira, Venezuela. Two 40-foot-long containers, the kind that are attached to truck tractors for overland hauling, were labeled as carrying household furniture. U.S. Customs inspectors found a hidden compartment in one that held cardboard boxes, taped shut, filled with cocaine. No arrests have been made.
The Three Mile Island Unit 1 nuclear reactor at Middletown, Pennsylvania, will be shut down Friday for five months of refueling, refitting and maintenance, plant officials said. Among the systems to be tested and inspected are the reactor’s 3,000 steam generator tubes, which were damaged and then repaired during the six-year shutdown following the March, 1979, accident that crippled Unit 2. Unit 1 was reactivated 13 months ago.
A bomb planted in a waiting room flower pot exploded in a New York City clinic where abortions are offered, shattering windows and slightly injuring two passers-by, officials said. The bomb apparently was planted at the Eastern Women’s Center during business hours and was connected to a timer, investigators said. The building was empty when the device detonated at 1:40 AM. Police received several warning calls before the blast from a man who did not identify himself or claim responsibility for the bombing.
More than three years after a fire aboard an Air Canada jetliner killed 23 people, a federal regulation went into effect requiring smoke detectors in toilets of large airliners. The fire of undetermined origin swept through the DC-9 jetliner as it was flying near Cincinnati on June 2, 1983. The blaze aboard Air Canada Flight 797 started in one of the plane’s toilets.
From giant public corporations to small family enterprises, companies are frantically trying to buy and sell businesses — or even liquidate themselves — before the sweeping new tax law goes into effect on January 1, increasing their tax bills. “The activity is unbelievable,” said David G. Kay, co-head of the mergers and acquisitions department at Drexel Burnham Lambert Inc., the investment bank. “We’re going as fast as we can.” So are the Boston Celtics, the championship basketball franchise that is racing to sell 40 percent of itself to the public before taxes on capital gains soar on January 1 and cut deeply into its owners’ profits on the deal. Executives of the SFN Companies, who just announced the sale of their big publishing subsidiaries, make it clear why they are rushing to liquidate their private company by the end of the year: tax considerations. The company’s shareholders will pocket much more money by liquidating the company in 1986 rather than later.
The St. Louis Globe-Democrat halted publication after years of financial problems. Owners of the conservative, 134-year-old newspaper said they could no longer afford to keep it in operation.
A defendant in the trial over the deaths of an actor and two children in the filming of “Twilight Zone: The Movie” rejected a plan to film the fatal helicopter scene without the children, according to testimony today. The second assistant director of the film, Anderson House, testified that he had suggested to the unit production manager that children in the scene be photographed separately and the film then be incorporated into the shot involving a helicopter and special effects explosives. He said he had also suggested the possibility of replacing children in the scene with either dummies or stunt doubles. The production manager, Don Allingham, one of the five defendants, rejected the idea, Mr. House testified, adding that he called Mr. Allingham back later and asked if he would get John Landis, the director, “to look at and meet with the doubles.” The actor Vic Morrow and two children were killed in the filming.
31 percent of proxies who thought that elderly relatives would oppose being used for research allowed doctors to experiment on them anyway, a study found. The study’s chief termed the finding disturbing.
The United Farm Workers Union, backed by New York City’s major trade unions, began a nationwide boycott Tuesday of A.&P. stores after the supermarket chain refused to take California grapes from its shelves. The union asserts that the grapes are contaminated by pesticides that cause cancer and birth defects.
A 13-year-old Virginia Beach boy, in a coma for five days, died today of injuries that the authorities assert were inflicted by the adoptive parents with whom he and 16 other children lived in a school bus. An autopsy showed that the boy, Dominick Joseph Diehl, died of acute head trauma, said Officer Lou Thurston. He died in Virginia Beach General Hospital. The boy’s adoptive parents, Michael and Karen Diehl, were told of his death at the City Jail, where they were being held on charges of child abuse. Mr. Diehl, 41 years old, was being held in lieu of $25,000 bond on charges of malicious assault and felony child abuse. Mrs. Diehl, 36, was being held in lieu of $10,000 bond on a felony child abuse charge. Officer Thurston said additional charges against the parents would probably be filed soon.
The arts in southern California are coming of age. A new $22 million modern art museum is opening and the leading art museum, the Los Angeles County Museum of Art, is greatly expanding.
After months of saying he would not quit, a subdued Charles G. (Lefty) Driesell reluctantly resigned today as head basketball coach at the University of Maryland. Driesell said he would accept a position as assistant athletic director under an eight year-contract with Maryland that would pay him about $900,000. No successor was named, although Maryland is scheduled to begin formal basketball practice Saturday. Driesell was one of the most successful coaches in the country, with a career record of 524–224. His position was imperiled since his star player, Len Bias, died of a cocaine overdose.
Saying that the change would be beneficial to the team, Don Coryell resigned as head coach of the San Diego Chargers yesterday after a meeting with the team owner, Alex Spanos, who said he was surprised by the move. Coryell, 62 years old, was in his ninth season with the Chargers, who have a 1-7 won-lost record this season after winning their opener.
Major League Baseball:
Padres pitcher LaMarr Hoyt is arrested at the U.S.-Mexico border for possession of illegal drugs, the 3rd time he has been arrested on drug charges. He will be sentenced to 45 days in jail on December 16th.
Trading volume increased impressively on Wall Street yesterday, but the rise in stock prices, as in the previous two sessions, was modest. Once again, the best action came in stocks that are rumored to be either takeover targets or candidates for reorganizations. E. F. Hutton, for instance, gained 4 7/8, to 52, in active trading as speculation increased that Shearson Lehman Brothers was still interested in acquiring the brokerage. John Havens, senior trader at Morgan Stanley & Company, estimated that about one-quarter of recent trading volume has come from takeovers and other speculative situations. The Dow Jones industrial average, gained 6.33 points yesterday, to finish at 1,851.80.
Dow Jones Industrial Average: 1851.8 (+6.33)
Born:
Nataly Dawn Conte, American singer-songwriter and musician (“Pomplamoose”), in Sacramento, California.
Derek Theler is an American actor, writer, producer and model (“Baby Daddy”), in Alaska.
Died:
Abel Meeropol, 83, American songwriter (“Strange Fruit”; “The House I Live In’), and librettist (“The Good Soldier Schweick”).
