April 17, 1979

50-state survey by Advisory Comm on Intergovt Relations finds vast increase in states' financial assistance to local govts in last yr; finds initiatives directed to urban areas in Northeastern and North-Central states, to econ and community development needs of rural areas and small towns in Southeastern and South-Central states, and to area planning and environmental protection in Western and Northern Plains states; notes different forms state econ development assistance may take; attributes stepped up activity on state level to White House Conf on Balanced Natl Growth and Econ Development, held in Jan '78, which sought to turn states' attention to needs of local communities, and to grants and other incentives provided by Carter Adm to further that aim; notes new trend could be reversed by concurrent effort to cut back taxes and institute spending limits within states (M)

Scott Paper announced lower selling prices for some products and said it would defer or modify some price increases that it had planned. The company said the decisions came after consultation with the Council on Wage and Price Stability, which had denied Scott's request for consideration under the Government's alternative profit‐margin test for price increases. [Page D1.]

chmn Alfred Brittain 3d discusses bank's new policy of dealing almost exclusively with multinational corporations, governments and financial institutions, int; says Bankers Trust, by concentrating in wholesale banking, will substantially improve poor earnings; insists that collapse of talks with Bank of Montreal will not affect new strategy and voices confidence that branches will be sold; illus of Brittain; table of financial data (M)

Profile of William Wrigley Jr Co, which accts for about 40% of entire $1.2 billion-a-yr chewing gum business; Wrigley introduces soft bubble gum; other new products noted; William Blair & Co official Ronald Strauss says next new product from Wrigley probably will be liquid-filled chewing gum; co history noted; 1st vice pres Claude Brooks comments; chart of co finances; drawing (L)

10-yr-study by sex researchers Dr William H Masters and Virginia E Johnson indicates that homosexuals are not significantly different from heterosexuals in their responses to wide variety of sexual stimuli; concludes that many problems of homosexuals can be treated in 2 weeks of intensive therapy; findings, based on study of 84 homosexual men and women, challenge many long-standing beliefs about sexual functioning of heterosexuals and homosexuals and are expected to stimulate establishment of treatment programs for homosexuals; details of study are contained in book by Masters and Johnson, Homosexuality in Perspective; por of Masters and Johnson (L)