Eastman Kodak discloses aggressive mktg strategy for conventional and instant consumer photography, introducing 4 new pocket Instamatic cameras with lower prices and more features than their predecessors (M)

Kodak Cuts Prices, Offers New Cameras

EARNINGS FELL 20% IN 4TH QUARTER; ‘77 PROFITS UP 14%

WHEN IT COMES to decorating a two-and-a-half room apartment, $1,565 can stretch only so far. It could, for instance, buy you a matching pair of Angelo Donghia sofas, or 9-by-12-foot Oriental rug at Sloane's, or perhaps a custombuilt bookcase wall.

All the Essentials‐for $1,565

US-Canada study on drug anturane is 1st of several studies to evaluate drug's effect on arteriosclerosis (L)

Drug Used for Gout Found to Cut Deaths From 2d Heart Attacks

Comment on 1 of Britain's stateliest homes that contains vast treasures from Eng's empire; Marchioness of Tavistock, who has presided over home for last 3 yrs, says refacing bldg will cost $800,000 over 10 yrs; illus (M)

The Reluctant Marchioness

article on efforts of Natl Guard to close gaps in its ranks amid budgetary cutbacks that have reduced manpower and mil inventories; critics within and without orgn question its combat readiness and effectiveness of its training; some problems facing orgn discussed; illus (M)

Guard Strives to Close Gap in Ranks

Revised Fed criminal code, passed by Sen last wk and now before HR Judiciary Com, would make corp execs who condone criminal acts by their subordinates subject to 1-yr prison terms; would cover bribes, illegal campaign contributions, and food adulteration among misdeeds (S)

Washington &

News Summary

HR, by vote of 227 to 189, defeats bill that would establish Fed consumer protection agency; legis is regarded as dead; Carter's consumer affairs adviser Esther Peterson says 'I am frightened for my country after seeing this demonstration of corp power' in defeat of bill; Peterson and other consumer advocates say they will seek other means for making voice of consumers heard; opponents of bill hail vote as blow against big govt and bureaucracy; proponents Kathleen O Reilly, Mark Green, Ralph Nader, and opponents Reprs John Rhodes, Toby Moffett and John B Anderson comment (M)

House Rejects Consumer Agency

Leonard Silk discusses a study by the staff of the Joint Economic Committee of Congress, which concludes that the nation is entering an era of slower economic growth. Page D7.

The Economic Scene

BOSTON FIGHTS BACK IN 27‐INCH SNOWFALL

article on Interbras, Brazilian internatl trading co responsible for dramatic rise in nation's exports; illus (M)

Exports by Interbras Soar, Helping Brazil Pay Oil Bills

Sen debate on ratification opens; outcome in doubt; Sen James B Allen warns that he and other opponents will propose 'dozens of amendments'; Reagan says giving up control of canal might be 1st step toward loss 'of our own freedom,' nationwide TV address; neutrality treaty to be debated 1st; some sens comment; illus of Sens Griffin, Baker, Allen and Byrd (L)

Senate Starts Debate on Panama Pacts With the Outcome Still in Doubt

Adoption of Jackson proposal by Sen conferees is blocked on Feb 8 after proponents of deregulation unveil counteroffer costing $22 billion to $23 billion more; Jackson will meet with Sec Schlesinger and Sens J Bennett Johnston, the deregulation leader, and Pete V Domenici, whose vote is considered a key one (M)

SENATE'S CONFEREES STALLED IN BID TO END GAS PRICING IMPASSE

Article on RC movement known as Cursillo, Spanish for 'short course,' which stresses improving one's moral life and desire to better oneself and community; 3-day session held at St Jerome's Ch, Bronx, NY, detailed; movement's hq is St Joseph's Center, Manhattan; some participants comment; movement's origins noted; illus (M)

The 3‐Day Cursillo: ‘Basically a Born‐Again Movement for Catholics’

Hopes for a compromise in,. Congress on natural gas prices helped the stock  market yesterday to extend. Tuesday's strong advance and sent selected oil-andgas issues higher. A favorable flow of earnings reports also lent support to the market.

Hopes for a Natural Gas Accord And Profits Reports Cheer Stocks

Illus of Pope Paul receiving ashes at Vatican (S)

Article 2 -- No Title

Article 1 -- No Title

NYC will have nation's 1st internatl fur fair in Apr '78, joining Frankfurt, Paris and Milan in holding annual events; wk-long exhibit, sponsored by Amer Fur Indus, is expected to draw 25,000 trade buyers; illus (M)

New York to Stage Its First World Fair For Furs Next Year

NYC Mayor Koch hears tentative estimate from Pks Comr Gordon J Davis that damage might total $16 million in Rockaways and $4 million in Coney Is (S)

New York Starts Slow Recovery From Snowstorm as Cold Eases

At time when US commercial banks are increasingly hesitant about expanding financing in S Africa, US--through Ex-Im Bank and through Internatl Monetary Fund--continues to foster such exposure; US Govt activity is drawing outside criticism and disapproval of some Cong members on basis that Carter Adm should not sanction such policies, particularly since Pres Carter has made it clear he disapproves of S African Govt's racial policies; continuing role of Ex-Im Bank in financing trade with S Africa will be subject of hearings before HR subcom on internatl trade (M)

ROLE OF EX‐IM BANK IN SOUTH AFRICA GETS GROWING CRITICISM

Feb 9: Carter and Sadat conclude Washington talks with pledges to continue efforts to reach Middle East peace that would provide security for Israel and solution to Palestinian problem; Carter praises Sadat as world's foremost peacemaker; Adm officials say Sadat has been reassured about sincerity of US commitment to peace venture and that US made it clear that compromises from Arabs as well as from Israel would be required if agreement is to be reached; indirectly criticizes Israel for establishing Israeli settlements in occupied Arab territories; makes no mention of Sadat's requests for US arms, but Adm sources say it is under active consideration; Asst Sec Alfred L Atherton Jr to return to Middle East to work out declaration of principles to guide Arab-Israeli negotiations; officials express hope that if such compromise could be reached, King Hussein of Jordan would agree to join talks (L)

CARTER AND SADAT END MIDEAST TALKS, VOW PEACE EFFORTS

HR ethics com opens inquiry into allegations that Flood pushed for aid to Haiti (L)

House Ethics Panel Opens Inquiry Into Activities of Flood and Eilberg

CORRECTION

Bond prices slipped slightly yesterday and investment hankers priced more than $600 million of new bonds, many of which had been delayed a day because of the heavy snowfall over the Northeast, as the credit markets returned to fullscale operation.

BONDS DOWN A BIT; NEW ISSUES PRICED

Costante Girardengo was an Italian professional road bicycle racer, considered by many to be one of the finest riders in the history of the sport. He was the first rider to be declared a "Campionissimo" or "champion of champions" by the Italian media and fans. At the height of his career, in the 1920s, he was said to be more popular than Mussolini and it was decreed that all express trains should stop in his home town Novi Ligure, an honour only normally awarded to heads of state.

Costante Girardengo, Italian cyclist and coach (born 1893)

Costante_Girardengo

The Budd Company was a 20th-century metal fabricator, a major supplier of body components to the automobile industry, and a manufacturer of stainless steel passenger rail cars, airframes, missile and space vehicles, and various defense products.

The Budd Company unveils its first SPV-2000 self-propelled railcar in Philadelphia, Pennsylvania.

February 9, 1978

Headlines from February 9, 1978

Kodak Cuts Prices, Offers New Cameras

EARNINGS FELL 20% IN 4TH QUARTER; ‘77 PROFITS UP 14%

All the Essentials‐for $1,565

Drug Used for Gout Found to Cut Deaths From 2d Heart Attacks

The Reluctant Marchioness

Billboard 200

Saturday Night Fever

Foot Loose + Fancy Free

All 'n' All

News Of The World

The Stranger

Notable Deaths

Historical Events

Historical Context for February 9, 1978