March 10, 1978

New Fed Reserve Chmn G William Miller says Reserve will raise interest rate ceilings to help thrift insts hold funds being diverted by higher credit mkt rates (S)

Sales of Japanese color TV sets in US have declined since passage of import restrictions but sales of Taiwan and Korean sets have increased (S)

James M Markham article on econ crisis, described as gravest since civil war; big industries are tottering toward bankruptcy (M)

BEYOND the rhythmic din of the discotheques there is a vibrant night life in New York that filled with singers, comedians, rock groups and jazz bands. In fact, at the moment there is almost a sense of stability and solidity about what is usually a very ephemeral business. The visitor is the true beneficiary of this; there is something for every taste available on any weekend in the city.

Tennis buffs and antiques enthusiasts take note. The Park Avenue Antiques Fair at the Seventh Regiment Armory, Park Avenue and .67th Street, will have a special cachet this year. Among the 100 or so exhibitors of glass, porcelain, furniture, silver, painting and prints are some of the important dealers missing- from January's winter Antiques Show. And the collection of the National Tennis Hall of Fame will leave its home at Newport Casino ,for the first time in 25 years for exhibition at the show. Among the memorabilia are tennis fashions from the 1870's, antique tennis rackets and trophies and films of 1920's tennis stars. The show is open from 12:30 to 9:30 P.M. today and Saturday, and from noon to six P.M. on Sunday: Admission is $3.50. For information, call 682‐6300.