Ponovno predvajanje sobota, 22. avgust 1981

News Summary

Date: 22 August 1981

SATURDAY, AUGUST 22, 1981 Energy A worldwide reduction in oil prices at least for the remainder of this year will be encouraged by Saudi Arabia, the world's largest exporter of oil, to help bring about a general recovery from the recession, the Saudi oil minister, Sheik Amed Zaki Yamani, announced in Geneva, where the oil ministers of the OPEC nations had been meeting. The meeting, according to many participants, was one of the most divisive and difficult ever held by the cartel. The world's major oil exporters failed to reach an agreement on a new strategy for preventing a further decline in oil prices in a glutted market. Saudi Arabia did not support the strategy effort. It is expected to continue to insist on its pricing policy, forcing OPEC members to reduce their prices by deliberately underselling them. (Page 1, Column 6.) International The price of arms Saudi Arabia wants to buy from the United States has risen to $8.5 billion, nearly $4 billion more than the rough estimate Administration officials gave to Congressmen this spring. The increase brings the price of the arms considerably closer to the $12 billion the United States paid to import crude oil from Saudi Arabia last year. (1:6.)

Full Article

News Analysis

Date: 22 August 1981

By Douglas Martin

Douglas Martin

Gasoline prices in the United States are expected to remain generally stable and possibly dip slightly over the next few months because of the failure yesterday of the oil ministers of the Organization of Petroleum Exporting Countries to agree on a uniform pricing policy. The result is particularly good news in view of the widespread expectation before and during the ministers' meeting in Geneva that OPEC would agree to a range of prices between $34 and $37 a barrel, rather than the current $32 to $40. Had the new range been adopted, with its $34 minimum price, it would have increased gasoline prices in the United States, many of which are tied to the $32 price that Saudi Arabia charges for its basic crude. OPEC's indecisiveness thus, in effect, saved American drivers 3 cents or more a gallon, oil analysts calculate. 'Good News for the Consumer' ''Obviously this is good news for the consumer,'' said John H. Lichtblau, executive director of the Petroleum Industry Research Foundation.

Full Article

Realty News; Broadway

Date: 23 August 1981

By Carter B. Horsley

Carter

Charles of the Ritz Group Ltd., a subsidiary of the Squibb Corporation, has leased the 13th floor with 55,221 square feet at 770 Broadway for its executive offices.

Full Article

News Monopoly; Curbs Proposed

Date: 23 August 1981

By Margot Slade and Eva Hoffman

Margot Slade

In Canada, cries for freeing the press are coming from an unusual quarter - the Government. In a report issued last week, a special Government commission condemned a ''monstrous'' concentration of newspaper ownership in Canada which it said sacrificed quality and independence for profits.

Full Article

Realty News; Madison Avenue

Date: 23 August 1981

By Carter B. Horsley

Carter

Andrew Geller Industries, a shoe company, has leased about 11,000 square feet of office space on the 14th floor at 660 Madison avenue for 10 years at an aggregate rent of more than $3.1 million. Brokers: Philip D. Restifo and Peter A. Berti of Cushman & Wakefield, Inc.

Full Article

Realty News; Park Avenue

Date: 23 August 1981

By Carter B. Horsley

Carter

The law firm of Morgan Lewis & Bockius has leased about 100,000 square feet of office space on the 43d through the 46th floors at 101 Park Avenue for 20 years.

Full Article

Follow-Up on the News; Snake and Eggs

Date: 23 August 1981

By Richard Haitch

Richard Haitch

While making an omelet, Ursula Beckley said, she cracked open an egg and out came a snake. That's right -about six inches long, the Seaford, L.I., woman asserted.

Full Article

Follow-Up on the News; Pets in Retirement

Date: 23 August 1981

By Richard Haitch

Richard Haitch

The founding director of the Kent Animal Shelter in Calverton, L.I., had a vision in May 1978: a retirement home for dogs and cats. In describing the plan, the 65-year-old director, Gretchen Scanlan, explained: ''Older people worry about what will happen to their pets after they're gone, and we've decided to help give them peace of mind.''

Full Article

Follow-Up on the News; Wobbly Baskets

Date: 23 August 1981

By Richard Haitch

Richard Haitch

Every year the City of New York loses perhaps 2,000 litter baskets to thieves. The 35-gallon wire mesh receptacles have been converted to leaf burners, barbecue grills, basketball hoops and even a coffee table base, the Department of Sanitation reports.

Full Article

Follow-Up on the News; 'Prisoner' of TB

Date: 23 August 1981

By Richard Haitch

Richard Haitch

For months, Louis Semerano was treated for tuberculosis at a Denver hospital. Finally doctors gave up. Mr. Semerano, they said, had drug-resistdrug-resistant tuberculosis, the latest manifestation of an old disease.

Full Article