February 1, 1979

Gov Carey adm informs Mayor Koch that NYC's income will exceed its estimates for fiscal '79 and '80, perhaps by $150 million each yr; city officials acknowledge that their revenues are running better than expected but are at odds with state over extent of improvement; state aides say they have reached 'substantial agreement' with city that budget Carey submitted to Legis would allow Koch to close his budget gap for fiscal '80; Koch has said he needs $207 million in 'new' state aid (M)

Pres Carter and Chinese Deputy Prime Min Teng Hsiao-ping sign cultural exch agreements in ceremony at White House (S)

NYC Planning Comm's study recommends incorporation of Bronx River in redevelopment plans being drawn up for South Bronx; seeks Fed Urban Development Action and Community Development funds and grants to upgrade river; Bronx River Restoration has been formulating master plan for river with grants from NYS Dept of Parks and Natl Council on the Arts and has been supervising removal of debris from river and terracing its banks; illus; map (M)

Transportation Sec Adams proposes that Amtrak cut 12,000 miles, or 43% of total, from its rail system, to achieve $1.4 billion savings in 5 yrs, news conf; says Amtrak, despite smaller size, could still reach 22 of nation's 25 largest urban centers in 40 states and serve 91% of people now reached by system; some long-distance trains to be eliminated noted; Adams por; map of current Amtrak routes and proposed cutbacks (L)

AT an apartment‐warming party my husband and I gave, a friend pointed to a candle stand and asked how we ever managed to spirit it away from the Metropolitan Museum. She was kidding, of course, but I was flattered that the kit I'd put together in only three hours looked enough like the original for her to recognize it.