Article on planned $90 million renovation of office bldg at 466 Lexington Av, NYC, by Olympia & York Developments Ltd; plan is designed by Edward Durell Associates; J Walter Thompson ad agency will occupy half of bldg; drawing (M)

$90 Million Renovation At Lexington and 46th

White House press sec Jody Powell says Adm, based on extensive consultations between White House and 6 Cong coms, will send detailed proposals, but not draft legis, for Carter's proposed windfall profits tax on oil co profits, which Carter says will result from lifting of price controls; Pres adviser Stuart Eizenstat agrees with action; HR Ways and Means Com chmn Ullman sees com approval of tax bill by Aug (M)

Carter Plan On Oil Tax Due Soon

Correction on April 19 article that incorrectly reported 1st qr earnings of AT&T; earnings, as reported by company, were $1.36 billion, compared with $1.27 billion in '78 (S)

CORRECTION

Ford Motor Co, in surprise move, announces that Young & Rubicam International will be new ad agency for Lincoln‐Mercury division and Wells, Rich, Greene, Inc new agency for Ford's corporate advertising; industry sources put billings involved at about 575 million, making deal 2d‐largest one in advertising history; rumors had given account to Ogilvy & Mather, which is Ford agency in GB; Ogilvy was dismissed from $10 million Mercedes‐Benz of North America account because of rumors (M)

Rubicam Wins Ford Ad Account

WEEKENDER GUIDE

Koch and his fiscal advisers find that there is more money for fiscal '80 expense budget than they had expected, raising possibility they can save jobs of 4,000 workers who will become ineligible in Oct for continued employment under Fed Comprehensive Employment and Training Act program; OMB favors using some of budget surplus for purpose (M)

ANEW CITY SURPLUS MAY SAVE 4,000 JOBS FACING CETA CUTOFF

Exhibit Hundreds of Dolls, made up of more than 800 examples on view at Museum of City of NY revd by R Reif; illus

Pompeii Comes to Life Again; Pompeii Comes to Life at Museum; Tips on Tickets

Agr Dept rept shows number of cattle being fattened for mkt was down in beginning of Apr, confirming forecasts that consumers will pay even higher prices for beef in coming mos; shows that in 7 states that produce most of beef there were 7.95 million head in fattening pens on Apr 1, down from 8.2 million on Mar 1; number of unfattened animals placed on feed during last 3 mos dropped to 5.9 million head, decline of 9% from yr earlier; Pres Carter's chief adviser on inflation Alfred E Kahn and Carter's special asst for consumer affairs Esther Peterson comment; graph shows US cattle supply and prices, Apr '78‐Apr '79 (M)

Cattle Drop Seen Lifting Beef Prices

Many Carter Adm officials, noting that prices are up at annual rate of 9.5%, say rise is due mainly to 19% rise in food prices, led by beef; Adm has announced that Defense Dept, VA and Agr Dept will reduce their beef purchases by 25%; livestock analysts say volumes involved are trivial, less than 0.05% of '78 consumption, and that price effect will be negligible (S)

GROWTH IN ECONOMY PLUNGED IN QUARTER BUT INFLATION ROSE

Article on 5‐boro, 36‐mi bicycle tour of NYC that will be held on Apr 22; Amer Youth Hostels and Citibank are sponsoring event; about 10,000 bicyclists are expected to participate; Amer Youth Hostels spokesman Elliot Winick comments; drawing (M)

Country 's Biggest Bike Tour Wheels Off on Sunday

Article 1 — No Title

Tonight Show (TV Program): Tonight Show host Johnny Carson tells NBC that he plans to leave show on Sept 30, after 17 yrs; NBC‐TV pres Fred Silverman urges Carson to remain departure of Carson is serious econ setback to NBC, which has been under pressure from affiliate stations because of low ratings; indus analysts say Tonight Show accounts for estimated 17%, or $23 million of NBC's pretax profits; Silverman's insistence that Carson increase his appearances on show has led to tension between them; Carson says he wants to remain with NBC as host of periodic prime‐time specials; Tonight Show is seen by avg 15.2 million viewers nightly and is estimated to gross $115 million a yr in ad revenues; Carson's salary is reported to be almost $3 million a yr; Carson por (M)

Carson Leaving ‘Tonight Show’

Informed source says Ford Motor Co chmn Henry Ford 2d does not plan to offer his nephew Benson Ford Jr high position in co; says main purpose of forthcoming meeting between them is to discuss Benson Ford's ambitions; says family has no intention of offering him seat on board of directors; Benson Ford is seeking control of some family stock through suit contesting his father's will; will gives him trust valued at about $7.5 million, but it is controlled by his mother and in event of her death by his uncles Henry and William Clay; Henry Ford 2d has offered his nephew position as management trainee; illus (M)

Henry Ford Said to Bar A High Post for Nephew

News Summary

NYC Board of Health declares citywide health emergency as result of 19‐day tug‐boat strike; illus (M)

A Health Emergency Declared in New York In 19‐Day Tug Strike

Ex‐Pres Eisenhower reptdly told AEC in '53 to keep public 'confused' with its explanations of kind of explations that wore causing radioactive fallout, according to AEC records released on Apr 19; portion of transcript is read by Sen Edward M Kennedy at joint Congressional hearing to explore Govt's responsibilty for cancers apparently caused by atmospheric testing of atomic weapons; according to transcript, Comr Willard F Libby said at meeting on Feb 23, 1955, 'People have got to learn to live with the facts of life, and part of the facts of life is fallout'; Kennedy argues that AEC's interest in its bomb‐testing programs has led it to 'clear pattern of distortion' of health implications of atmospheric testing; Eisenhower advice, in wk when AEC was being criticized for excessive radioactivity over St George, Utah, center of fallout area, was recorded in diary of Gordon Dean, then AEC chairman (M)

A‐TEST ‘CONFUSION’ LAID TO EISENHOWER

Taleghani backs away from showdown with Khomeini over activities of Islamic militia and revolutionary committees; supports Khomeini in televised speech following meeting with him and key Cabinet members of Bazargan's Govt; his support deals severe blow to hopes of Govt officials who are virtually powerless and to Khomeini's secular opponents; Khomeini says committees and militia will remain until police and paramilitary gendarmarie are better organized (M)

Ayatollah Taleghani Backs Away From a Showdown With Khomeini

Cutler, Walter L (Amb): Apptd Amb to Iran

Carter Emissary Dissuaded Shah From U.S. Exile

NEWARK, April 19 &#8212; Citing evidence that yesterday's fatal crash of a New York Airways helicopter occurred after a section of a rotor blade with a hidden defect snapped off in midnight, Federal safety officials moved tonight to ground more than 1.000 of the big Sikorsky S&#8208;61's in operation here and abroad.

Safety Officials Move to Ground 1,000 Sikorskys

number of senior Carter Adm econ advisers fear Miller rejection of Blumenthal call for further credit tightening means Adm has run out of anti‐inflationary tools; some believe Miller misled them at meeting last wk, in which he reptdly agreed on need for tighter credit; public rift revd; Miller and Blumenthal pors (M)

Rift Over Rates: Miller vs. Blumenthal

Growth in the American economy fell off abruptly in the first quarter, the Commerce Department reported. It said the gross national product grew at an annual rate of only seven&#8208;tenths of 1 percent after adjusting for inflation, compared with the more robust rate of 6.9 percent recorded in the fourth quarter of 1978. G. William Miller, chairman of the Federal Reserve, said the central bank would consider a more restrictive credit policy only if the rise in the G.N.P. in this quarter rebounded to above 2.5 percent. [Page A1.]

BUSINESS Digest

illus of strikers outside Attica State Prison (S)

Guardsmen Begin Moving Into Prisons

Some major bank holding companies are moving into national consumer banking markets by acquiring so‐called industrial banks, little‐known institutions that are state‐chartered and subject to state, not Federal regulation; Manufacturers Hanover Corp has applied to Fed Reserve Board for right to buy a Colorado industrial bank with $5.5 million in assets; other bank holding companies which have acquired or started their own industrial banks are Citicorp, Chemical New York Corp and First Pennsylvania Corp; diagram and maps (M)

A Bank Bridge Over State Lines

Gov Carey nominates Bernard S Meyer to seat on Appeals Ct; Meyer's career discussed; his por (M)

Bernard Meyer, Nassau Democrat, Named by Carey to Appeals Court

Jennifer Dunning profile of and interview with Gregory, illus (M)

April 20, 1979

Headlines from April 20, 1979

$90 Million Renovation At Lexington and 46th

Carter Plan On Oil Tax Due Soon

CORRECTION

Rubicam Wins Ford Ad Account

WEEKENDER GUIDE

Billboard 200

Spirits Having Flown

Minute By Minute

Dire Straits

2-hot

Blondes Have More Fun

Historical Context for April 20, 1979