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Show Page 16—THE HERALD, Provo, Utah, Friday. April 27 979 Record Profits Are Earned By Two Largest Automakers DETROIT (UPI The nation’s two largest automakers earned record profits totaling more than $1.8 billion in the first quarter reflecting in creases over last year s earnings despite cor of rising production costs Top executives of Genera! Motors Corp and Ford Motor Co. said Thursday even sturdier profits will be needed in the future to pay for government mandated changesin cars of the 1980s GM reported profits soared to a record $1 n in the January-March quarter — a 445 percent in crease over last year's first-quarter earnings Ford reported worldwide profits of $595 million also a record and a 27.7 percent increase that com pany officials said came mostly from the firm's overseas operations GMChairman Thomas A Murpny and President E contin ue tC improve o ability rogram we face apital spendii LOS ANGELES (UPI For 15-year-old Ca Pi Washington, it was the wrong yard. For Department it was the wrong time Henry Ford II. The unusual! coincidences left Washington closet death in a hospital today and the departmentin an in creasinglybitter dispute mainly with the black com- chairman of the No 2 aut and Ford President Philip Caldwell ech remarks saying inflation and heavy invest lipped from $185 a share a year ago to $1 83 or $219 million in this year’s first quarter GM's earnings atiuuntedto $439 a share and came on record worldwide sales of $179 billion. A little more than half of GM's profits came States rom abc 691 million its operations outside the United threatened with death only six days earlier The woman wasscheduled totestify against John G. Monica, 53, charged with hiring a gunmantokill another mobfigure 10 years ago, a slaying reportedly involving several ganglandfigures and incidents. The hit-man was convicted of second-degree murderlast year In the darkness a police officer. apparently fearing the youth was a gangland assassin, shouted. demonstration Three policemen and a passerby, all of themout side the building at the timeoftheblast. werecut by shards from shattered windows. None was reported seriously injured LOUISVILLE, Ky. (UPI) Authorities say they have uncovered the first Kentucky Derby ticket werelife-support machines determine who is behind the scheme Louisville police and officials at Churchill Downs were tipped to the schemeby a Louisville resident Regulations to Up Car Prices Greatly whovisited his daughter and son-in-law in Detroit and immediately recognized their “Derby” tickets as phonies. . Workable Atom Bomb? Rocky Flats Protest Set GOLDEN, Colo. (UPI) — Federal marshals will prevent trespassing and makearrests at a large protest rally planned at the Rocky Flats nuclear weaponsplant this weekend, an Energy Department administrator said Thursday. About 4,000 pecple are expected at Rocky Flats Saturdayand Sunday for the demonstration, called to protest the manufacture of plutonium “'triggers”’ for nuclear weapons atthe plant. WASHINGTON (UPI) — Safety, fuel economyand (UPI) — Two 18-year-old clean air requirementswill push the price of cars up Vacaville High School students say they have desigiizd a workable atom bomb from materials readily available through newspapers, periodicals andlibraries. Edwin Gee and Ben Lawson said Thursdaythey have sent the design to the government and to several major universities, but have not received a by $1000 in the mid 1980s. but the government says VACAVILLE, Calif. reply as to whether it would work. Howevet. they said U.C. Davis experts thoughtit represented a good working model Poster Offers Challenge They said they wanted to show that the information PEKING (UPI) — A bright yelow nine-section wall poster boldly challenged the Communist Party and accused its leaders of paying only lip service to democracy and silencing public dissent. °- Police! Freeze!’ Then he opened fire, hitting the boy wice in the head Washington was in “‘verycritical condition’ at Sherman Oaks CommunityHospital, where an uncle told reporters ‘the only thing keeping him alive counterfeiting operation but haven't been able to to design such a deviceis readily available from unclassified sources. “We're not against the nuclear weapons program.” said Gee.“In fact, we'reall for a strong national defense. We just want the governmentto protect its plutonium.” in Akron Ohio He said a meeting with Carter's 7 percent yearly increase limit for wages committees representing and prices Under administraton the 55 000 workers at the Big Four” firms would policy, a company can be held Monday todecide lose all federal contracts Federal mediation in d whether to call a strike if it breaks the behalt of anindustry con” 4 oainst Uniroyal. the guidelines. Such action is bargaining and policy that’s not too muchfor the savings. bothin lives and oil imports The governmentalsosaid the increase will have a negligible effect on industry profits or the economy as a whole. The facts were brought out at a hearing of the Senate subcommittee on economicstabilization called by Sen. Donald Riegle, D-Mich Representatives of General Motors, Ford, Chrysler and American Motors were unanimousin one of the “Big Four tire companies tact recessed indefinite- |,-rgaining target being contested in federal ly Thursdaynight and the Bommarito reiterated court by the AFL-CIO. union said the Carter ad- he felt an agreement was The negotiations were ministration was the reached last week with reported to involve a pact ‘main stumbling block’ Uniroyal, but that the that would call for a 40 to a contract settlement company bargainers percent wage and Chief Feteral Mediator reneged under pressure benefits hike over three WayneHorvitz suspended from the administration years. the talks indefinitely 55th Anniversary Special saying’ additional bargaining ‘‘would be un- PEGS FERREFESON productive.” ‘T think thesituationis serious.” Horvitz said. He said the union told him a strike was possible by Monday STH 75¢ Cas h LT Te Horvitz called a meeting today with officals of all four rubber 55th Anniversary Special companiesinvolved in the negotiations — Uniroyal B.F. Goodrich, Goodyear and Firestone —to inform themofthe status of the mediation Sale Price 75¢ Refund 2.09 0.75 Your Cost 34 URWPresident Peter Bommarito left media- 6 stores to tion headquarter to return iately to serve you Pino their complaint about increasing federal fuel and safety regulations “Taken together automotive regulations create dangers for manufacturers, consumers < id the economyas a whole,” said Fred Secrest, executive vice president of Ford. MASTERCHARGE,VISA, LAYAWAY S U PE R SATURDAY MEN’S SUITS 7 that the agreement adhere to President the union's headquarters possible strike against Unknown to him, it was the home where police were guarding a woman witness in an organized crime murder trial who had been beaten and Phony DerbyTickets A powerfulplastic bonw regrouped today for a munity over police shootings. Washington fleeing from a feared arrest for what was basically a youthful prank vaulted a fenceinto a back yard in the predawn darkness Thursday needed to meet governmer Ford's US. earnings, which Bombing Injures Four MADRID,Spain (UPI) Study Possible Strike WASHINGTON (UPI United Rubber Workers union leaders 1M Estes said despite the recordprofits U.S., World NewsinBrief damaged policestation in the center of Madrid today — a day after violent clashes hetween police and left and right-wing extremists at an anti-nuclear Rubber Workers Union Shooting of Youth Stirs Up Bitter L.A. 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