October 27, 1977

co repts 3d qr '77 net loss of $477 million, compared with gain of $45.5 million in '76 (S)

HR, 336-38, kills provision in pending financing bill that would have made coverage mandatory in '82 for all civilian employees of Fed, state and local govts; coverage is opposed on ground that Cong has not made study of how Soc Security would have to be integrated with existing govt pension plans; HR writes into bill amendment by Repr Joseph L Fisher that would raise slightly payroll tax and taxable wage base in '81 for employees and employers; amendment also orders exec branch to study how govt workers can be brought under Soc Security; HR rejects, 221-196, provision for automatic loans from Treas to Soc Security trust funds if they dip below 25% of annual outlays; Reprs J J Pickle, Al Ullman, Delbert L Latta comment; Ullman, Fisher, Repr Barber B Conable Jr illus (M)

Botha says S Afric has strong enough arms indus to surmount internatl embargo (M)

Union Federal Savings & Loan Assn (NYC): Richard Bonilla, who took 2 hostages while trying to make getaway after robbing 23d St and 3d Av branch of about $2,500, is slain by police after chase; 1 policeman and 3 civilians wounded; illus (M)

Union Federal Savings & Loan Assn (NYC): Richard Bonilla, who took 2 hostages while trying to make getaway after robbing 23d St and 3d Av branch of about $2,500, is slain by police after chase; 1 policeman and 3 civilians wounded; illus (M)