On this day
Revisit the news, notable people, and historical moments connected to this date.
In 1978, the world population was approximately 4,292,097,502 people[†]
1978Casey Fossum, American baseball player[†]
Casey Paul Fossum is a former professional pitcher. Previously, he played for the Boston Red Sox (2001–2003), Arizona Diamondbacks (2004), Tampa Bay Devil Rays (2005–2007), Detroit Tigers (2008), and New York Mets (2009) of Major League Baseball, and the Hanshin Tigers (2010) of Nippon Professional Baseball. He bats and throws left-handed.
1978Bubba Franks, American football player[†]
Daniel Lamont "Bubba" Franks is an American former professional football player who was a tight end for nine seasons in the National Football League (NFL). He played college football for the Miami Hurricanes, earning first-team All-American honors in 1999. He was selected by the Green Bay Packers in the first round of the 2000 NFL draft with the 14th overall pick.
1978Burt Munro, New Zealand motorcycle racer (born 1899)[†]
Herbert James "Burt" Munro was a motorcycle racer from New Zealand, famous for setting an under-1,000 cc world record, at Bonneville, on August 26, 1967. This record still stands; Munro was 68 and was riding a 47-year-old machine when he set his last record.
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Atty Gen Louis J Lefkowitz repts 9 ASE options specialists are indicted for allegedly filing fictitious mkt transactions and falsifying business records; 9 plead not guilty to misdemeanor charges before Acting NYS Sup Ct Justice Irving Lang; ASE scores criminal prosecution, noting 9 have already been penalized by ASE and SEC; Lefkowitz defends move; indictments cover almost 500 different transactions reptd between Jan and Mar '76; are part of various probes of ASE options trading by exch, SEC and Lefkowitz; probes revd (M)
Dow avg drops to 804.92; NYSE trading vol totals 23.57-million shares (M)
Levitt discusses outlook, int; his career revd; illus (M)
Gen Ernesto Geisel names Gen Joao Baptista Figueiredo, natl intelligence chief, to succeed him as Pres in Mar '79; Gen Hugo de Andrade Abreau, head of Geisel's mil staff, resigns in protest over choice (M)
Carter and Giscard d'Estaing visit Normandy to commem anniv of Allied invasion of Eur, June 6, '44; illus; map (L)
Amer officials are optimistic that Japanese surplus will be halved over next 12 mos on basis of trade concessions Japan has made or is expected to make shortly; visit to Tokyo by special trade repr Robert S Strauss and similar visit to US of Japanese External Affairs Min Nobuhiko Ushiba discussed; some Amer trade demands detailed; some Japanese concessions noted; Asst Commerce Sec Frank A Weil comments (M)
P Goldberger appraisal and appreciation of hall; illus (M)
Major clash seen developing in Carter Adm over amendment to Clean Water Act signed by Pres Carter prohibiting dumping of oil and other hazardous materials within 200 miles of nation's coast; EPA reptdly intends to resist efforts of Elliot L Richardson, US repr to UN Law of Sea Conf, who bids EPA delay 200-mile ban (M)
Photographic exhibit, New York, New York, organized by Susan Harder at Light Gallery revd by H Kramer; illus
Marshall Field & Co is seeking to acquire B Altman & Co (M)
New billing pratice for business phone calls takes effect in NYC area, under which local calls exceeding 5 mins will be billed according to their length; new policy of NY Telephone is also available to residential customers at their option; Telecom Group pres Harry Newton and Pfizer asst mgr for telecommunications Raymond Mangual comment; illus (M)
state officials concede that state's end-of-yr surplus will be considerably larger than $168-million that was projected in Oct; extra money must somehow be pushed into next yr's budget-otherwise state will be required to put it into special fund used to cover unexpected state deficits, and it would be unavailable for tax cuts or any other purposes next yr (S)