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Show - A The Sail Lake Tribune. Thursday. October II. 197!) Financial Turmoil Mounting in Wake of Federal Reserve Action dollar's slide. The Fed's contrast, during the big crash of HO. stock prices lost almost 50 percent of their value ion a few weeks. Analysts both in an outside the administration expressed hope that the initial panic soon would subside and that over the long run the Fed's action would help slow inflation and stem the Continued From Page One behavior of the markets Wednesday was less frenzied than on Tuesday, the first business day in the United States after th Fed's weekend announcement. Over the past three days, the stock market has plunged a cumulative 48.29 points, or a loss of about 5.4 percent. By major round of its dollar-rescuplan of last November bolstered the dollar's value for several months That move has been hailed as a resounding success. The Feds action Saturday was not ci spokesman Rudolf Stajduhar U.N. Black Educator Wins Race In Birmingham WEST POINT, N.Y. (AP) Clare Boothe Luce author, editor and became the first former ambassador woman Wednesday to receive the highest honor the U.S. Military Academy can bestow on a civilian. Mrs. Luce, 76. was presented the Sylvanus Thayer Award, named for the architect of manyof the principles espoused by the nations oldest military academy. i i i into. An investigation is being conducted to locate the reportedly missing uranium as well as to determine if a violation exists of any federal laws within the jurisdiction of the FBI," the FBI spokesman said. If CLIP 1 SAVE Tribune Telephone Numbers Do you need Information. want sports score, have a news story or feature you want U talk about? Is your paper missing? Do yon to discuss a ul advertisement? TO CALL a. in.. Sunday before p m.) (Weekdays before Carrier Home Delivery Information, t I 0 8 (Monday-Frida- am. to 5 p.m.) 1 gj I 1 1 I 3 New Subscript! oos & Cancellations vance pay Mail Subscriptions Ad- I I 1 1 i i Elsewhere In Utah (Dial Toll Free) 1 1 Advertising Departments Adv. Dispatch General Display 2 237-2- 7 11 Classified Ads Retails Display Obituary Notices Weekdays before p.m. Weekdays after 5 p m. Sundays after 2 p.U. Saturdays after I p.m. e la Utah Toll-Fre- 1 5 5 5 0 3 I I I I 1 usinl in w MOREHEAD CITY. N.C. (UPI) Shifting winds Marines delayed loading of about 1,800 combat-read- y and support troops on three ships and a Navy spokesman said the troops will not leave for Guantanamo Bay Cuba, until Thursday. The troops are scheduled for an Oct. 17 landing exercise at the U.S. Naval base in Cuba. President Carter ordered the excercise and the creation of a Caribbean military task force headquarters at Key West, Fla., last week in response to the continued presence of Soviet troops in Cuba. The weathers kind of giving us a hard time today, the spokesman said. A cold front moved through, winds have shifted out of the north and it must be 45 degrees out here. 78.000-studen- anti-blac- who, btttw, i Cnwe-vts- oml Only Hite Til Jurmturr o0f; li WiiHii- 'K lb (( - fi iiasi tiH.iic.Ti ftS&tfi i r4. i NEW YORK (AP) Bail was set at $25,000 Wednesday for disgruntled author Robert Baudin, whose aerial protest caused the evacuation of the United Nations and his publishers office building. When the Australian pilot suggested bail of $20,000, U.S. Magistrate Joel Tyler snapped, We dont haggle like that here. Baudin spent three hours Tuesday circling at low altitude in a single-engiCessna above the United Nations area on crowded East Side. The target of his stunt was Harcourt Brace Jovanovich, a publishing firm in a building a few blocks from the United Nations. He claimed they did a "chop job in editing the manuscript of his autobiography, and had failed to promote the book. Confessions of a Promiscuous Counterfeiter," published by the firm last April. Unable to make bond, the U.S.-bor- n Baudin was being held in the Metropolitan Correctional Center and was ordered to undergo psychiatric examination. ne ry Balloon Plunges, Kills 2 Two hot air ALBUQUERQUE, N.M. (UPI) balloonists whose craft caught fire in gusty winds fell 2,000 feet to their deaths Wednesday in front of horrified spectators. A witness said the balloon fell to earth like a dead duck. The identities of the dead balloonists a man and a woman were not immediately available. Sheriff's deputies said the two were burned beyond belief. Killer Wasnt Suicidal SAN FRANCISCO (AP) Coroner Boyd Stephens said Wednesday he agreed with Sheriff Eugene Brown that sniper Wayne Cullinane exhibited no suicidal tendencies before he hanged himself in his cell. Cullinane hanged himself from his cell bars with a strip of mattress cover Tuesday morning, three days after he took a hostage and terrorized Market Street with gunfire from a 16th floor office suite for 23 hours. The sheriff has been criticized for his handling of jail administration. Cullinane was the second jailhouse suicide in less than a week, and there have been five escapes in the last six weeks. Murder Trial Calls Teen as 1st Witness A teen-agehis voice OKLAHOMA City (UPI) trembling with emotion, testified Wednesday in the sleakhouse murder trial of Roger Dale Stafford that he thought he heard hir "lrlfriend murmur his name floor of a meat as she lay dying on the locker. Carlos Joy. the first witness, said he stood in the doorway of the meat locker and saw the stacked bodies of six restaurant employees, all shot in the head. r, idood-staine- I yelled, for the Friday Is Granites Flying Author Faces Court bomb-qualit- Honored by Academy 10 Weather Delays Cuban Exercise Agents Hunting Lost Uranium Author Clare B. Luce wW(ua,wiiciu(3ti)-Gtui4- U.S. Briefs one-mil- at-lar- W HERE We have six players on the casualty list, boys. ..two in history, three in mathematics, and one in economics! six-mi- le The KNOXVILLE, Tenn. UPI FBI confirmed Wednesday that its agents are investigating the apparent y batch of loss of a uranium from a nuclear fuel processing plant at Erwin. A spokesman in Knoxville said the Nuclear Regulatory Commission asked the FBI on Oct. 1 to begin an active investigation of the episode involving Nuclear Fuel Service Inc., a Getty Oil Co. subsidiary that prepares fuel for the Navys atomic submarines. Commission spokesman Frank Ingram said the NRC had found no evidence to indicate the uranium was stolen, but said the FBI was asked to investigate so that every avenue can be looked into. Ingram said theft was one of several the FBI was looking "possibilities t Columbus school system. The arrests were announced jointly by Joe Yablonsky, FBI agent in charge at Cincinnati; Columbus Police Chief Earl Burden; U.S. Attorney James C. Cissell and Franklin County Prosecutor George C. Smith. U.S. Magistrate Mark Abel set $100,000 cash bonds for each of the men after they told him they lived at home with their parents, had been unemployed more d than six months and asked for counsel. Arraignment on the federal charges is scheduled for Monday. Smiths office said arraignment on the county charges could come this week. Police said the two were leaders of the American White Nationalist Party, a white supremacy group headquartered in Columbus. One authority said the group follows ideology of the American Nazi Party k sentiments. and has r, McKnight anti-Jewis- non-align- non-partis- Jack Associated Press Writer Two brothers, leaders of a Ohio neo-Nagroup, were arrested Wednesday and charged with plotting to bomb an elementary school attended by the daughter of a black federal judge w ho ordered ity schools desegregated. School officials said no staff or students were at any time in any danger from the threat. John William Gerhardt II. 28. and Edward Paul Gerhardl, 26. were arrested shortly before 10 30 a.m., which is the time the government alleges the bombing was to take place at Olde Orchard Elementary School on the citys far east side. Both federal and county grand juries handed up indictments in the case. Police did not say where the arrests took place. Authorities said neither man was armed nor had any explosive device. But an FBI agent said they had the means to obtain an explosive to carry out ttie The two were indicted by a federal grand jury on conspiracy. charges of conspiracy to violate the civil rights of Tracey Duncan, 10, daughter of U.S. District Columbus school children; maLicious attemDt to Court Judge Robert M. Duncan, attends the school. damage an institution receiving federal aid. and Duncan's desepreation order went into effect Sept. obstruction of justice. Wal- d 'f HERES Kurt l zi court-appointe- n ft i Secretary-Genera- Two Leaders of Neo-NaGroup Charged in Plot to Bomb School zi Castro will be speaking to the assembly both as Cuba's head of state and as chairman of the nations movement. Stajduhar said he assumed that Castro would also address the group. The foreign ministers of many of those nations are present at the United Nations. The usual routine for a U.N. visit by a head of state includes talks with Waldheim and the president of the assembly, Tanzanian Ambassador Salim Ahmed Salim, and a series of social affairs. Usually, at least one luncheon and one reception are offered by the secretary general. Closed to Public Stajduhar said U.N. headquarters would be closed to the public while Castro was visiting. Strict security measures were to be put in effect, with city police, Secret Service, Cuban and U.N. security forces combining to protect the Cuban leader. Castro will bring his personal army of 210 aides, many of whom were expected to be armed. More than 1,000 police were to be used in the security operation, including police helicopters, scuba teams and rooftop patrols. Unauthorized aircraft will not be allowed within a radius of the United Nations, and press helicopters e will not be allowed within a radius. The security provisions were in evidence on Tuesday when the Cuban foreign minister arrived at the United Nations. As he stepped out of his car, he was surrounded by guards with rifles and shotguns at the ready. attorney-businessma- classified or display Bn Li ills II COLUMBUS, Kouri. seven-candida- i i i And GOP presidential hopeful John Connally issued a statement calling an the present economic climate By dheim was not apprised of the visit until iast Friday, and Castros arrival date was not announced until Wednesday. Reveals Plans Stajduhar told reporters that Cuban Foreign Minister Isadoro Malmierca had revealed Castros plans when he spoke to Waldheim shortly before noon Wednesday. He was accompanied by Cubas U.N. ambassador, Raul Roa By Associated Press Voters in Birmingham, Ala., picked the son of a black sharecropper to be in runoff for mayor, while In a two-wa- y Mayor Raleigh. N.C., Isabella W. Cannon was unseated by a young developer. Preliminary municipal elections were also held Tuesday in Salt Lake City and several Massachusetts communities. Dr. Richard Arrington, an educator, field in Birled the minghams primary election, receiving 44.7 percent of the vote or 30,996 votes. His opponent in the Oct. 30 runoff will n be Frank Parsons, who received 12,135 votes to councilman John Katapodis 12,038. In early unofficial returns, the vole totals of the two men had seesawed back and forth, but election officials determined the final vote totals late Wednesday. Mayor Trails ( David Vann trailed with 11,340 Mayor votes. Arrington could become the third current black mayor of a big Southern city, joining mayors in Atlanta and New Orleans. In Raleigh, Mrs. Cannon, a retired librarian and the citys first woman mayor, lost to city councilman and developer G.Smedes York, 38, by a vote w of 12,632 to 11,180 in a light turnout. worn tennis shoes when she fl ranSheforhada first two-yea-r term in 1977, and the phrase about a little old lady in tennis shoes" became her slogan. 1 Thats Their Wish Mrs. Cannon who had campaigned against "builder and developers, said after the results were tallied: If the citizens want a rich, young developer instead of me who is a neighborhood voice, that is their wish to do that. York, who is president of two firms that have built many of Raleighs landmarks and commercial centers, said in his victory remarks that he was very concerned about the protection of neighborhoods." Voters in Massachusetts cities, including Springfield and New Bedford, went to the polls in preliminary elections to nominate candidates for general elections Nov. 6. In New Bedford, a former state senator who was paroled in July after prison sentence serving a topped a field of 14 candidates for a City Council seat George Rogers, convicted of misusing state funds and conspiracy to bribe and steal, will be among 10 seats in candidates for five November. i i Brin anti Bear . Congress that are creating the havoc. The market turmoil Wednesday inwith routine borrowing efforts terfered the over divided been have Analysts federal the government here, and actions. new by likely impact of the Fed's onto Canadian markets as Although most believe the move will spilled over deepen the recession, some argue the well B. said Castro will address the U.N. General Assembly at noon Friday. Other details of the visit including Castro's arrival time and the length of his slay were being discussed, and would be made public as they are decided he said. Plans for the visit have been shrouded in secrecy, partly due to the security problems associated with the Cuban leader. NEW YORK (API Cuban President Fidel Castro flew into New York early Thursday and was met by an extraordinary security net including 2,000 police-nieand Secret Service agents. Castro's Pussian-mad- e Ilyushin 62 jet landed at 12 53 a m. EOT on a remote runway at Kennedy International Airport, airport officials said. r now-famo- e Castro Arrives in N.Y. Amid Intense Security U.N. last g mild if unmiligated mess, Connally charged effect could be relatively and rates (he Fed was being asked to perform inflation pressures abate when it is Carter and come back down soon. miracles . without its critics. House Banking Committee Chairman Henry S. Reuss, warned Wednesday that if the interest-rat- e climb continues, the recession could approach that of 1974-7- d Terri, and I heard mumbling," said Joy, who had waited to pick up waitress Terri M. Horst, 15. when she finished work at the restaurant. I thought she called out my name, but I'm not sure," Joy said. Miss Horst, the only one of the six victims who w as alive when found, died in a hospital several hours after the shootings. The other victims were David Salsman, 15; David Lindsay, 17; Anthony Tew, 17; Isaac Freeman, 56, and Louis Zacharias, 43. All were shot in the head. Stafford. 27, an Alabama drifter, is charged with all six slayings and also has been named a suspect in 22 other slayings around the country. His estranged wife, Verna, testified at a preliminary hearing that Stafford and his brother Harold, now dead, shot the restaurant employees in her presence. oh, my god, SPECIAL INTRODUCTORY OFFER Trade up to new I960 RCA ColorTrak-Tand get BIG SSS for your old coior set regardless of its age. make or condition Offer good from Aug 16 through Oct. 13. 1979. Now! 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