In response to the increasingly severe balance-of-payments problems of some developing countries, the World Bank has begun a new lending program that differs significantly from past policies of the bank.  

World Bank, in Shift, Lending for Trade Debts; Concern Over Loan Pressure New Loans for Debt Repayment $74 Billion Deficit Seen

JERUSALEM, May 25--Ezer Weizman, long frustrated by his lack of impact on Government policy, resigned as Israel's Defense Minister today, thus depriving the Cabinet of a relatively moderate voice.  

MINISTER OF DEFENSE QUITS POST IN ISRAEL AMID A BUDGET FEUD; WEIZMAN SEEN AS MODERATE Decision Described as a Symptom of a Narrowing Political Base in the Begin Government Moshe Arens Possible Successor Regarded as Hot-Tempered 'Setback for Understanding' Against Extensive Settlements 

SOMERS, N.Y., May 25--A retired senior editor of Reader's Digest was found strangled today and her invalid husband beaten in their home in northern Westchester County.  

Former Digest Editor Is Slain at Her Home In Westchester County; Ex-Reader's Digest Editor Is Slain, Invalid Husband Beaten in House Returned Home Late 

BUSINESS Digest; The Economy International Today's Columns 

WHEN artificial turf was introduced to baseball in the 1960's, it threatened one of  the classic plays ever developed at that classic baseball position-- shortstop.  

Shortstops Catching a Lot of Attention; Major League Shortstops Are Catching a Lot of Attention 

WASHINGTON, May 25--Despite the Chrysler Loan Guarantee Board's recent approval of $500 million in Federal loan guarantees for the auto maker, some of the company's creditors are resisting the terms of the private financing package negotiated between Chrysler and its principal bankers.  

Chrysler Lenders Balk at Pact; Debt Restructuring Some Creditors Resist Chrysler Pact

WASHINGTON, May 25--The Carter Administration, shifting gears in its effort to widen the boycott of the Moscow Olympic Games this summer, plans to seek greater support from individual sports federations in those countries whose Olympic committees are planning to participate in the Games.  

U.S. to Seek Backing For Olympic Boycott From Athlete Groups; U.S. to Press Athletes' Groups to Boycott Olympics

PORTLAND, Ore. May 25--Mount St. Helens spewed a new column of destructive ash miles into the atmosphere early today. For the first time, the wind poured the ash onto the most populous areas of coastal Oregon and Washington.  

Mount St. Helens Erupts Again, Raining Ash in Oregon; Portland Airport Shut Mt. St. Helens Erupts; Ash Reaches Oregon $1.6 Billion in Damage Estimated 

ROME, May 25 (Reuters)--The Roman Catholic Church has issued new directives seeking to curb what it calls abuses in worship. Drafted by the Vatican department in charge of sacraments and worship and signed by Pope John Paul II on April 17, the document has yet to reach many bishops and priests. Following is the text of the document.  

Text of Vatican Document on What Church Considers to Be Abuses in Worship; Foreword The Mass Eucharistic Worship Outside Mass 

Zimbabwe became Africa's newest nation only a month ago, but something approaching investment fever is already stirring among United States businessmen who seek overseas operations or export markets.  

Zimbabwe Lures U.S. Industry; Zimbabwe, Despite Socialist Leanings, Is Stirring Enthusiasm of U.S. Industry Wealth of Resources Cited Banks' Cautious Viewpoint 

WASHINGTON, May 25--After weeks of virtually no diplomatic moves to end the crisis in Iran in the aftermath of the abortive attempt to rescue the American hostages, several new initiatives seem to be under way with at least tacit American approval.  

NEW EFFORTS BEGUN TO SECURE FREEDOM OF HOSTAGES IN IRAN; But U.S. Avoids Direct Links to Moves by Europeans and U.N. and Withholds Comment Justification for Sanctions Talked to Muskie in Vienna New Moves Under Way to Win Hostages' Release

Image is everything in the status jeans business, and the quickest way to build one is via television. So the producers of the pants with the labels on the back pocket have barraged viewers with brand names that include Gloria Vanderbilt, Jordache, Sasson, Sergio Valente, Zena and Bon Jour.  

In Jeans War, TV Is Battlefield; Near-Saturated Market Shows Mixed Results Prices as High as $75 In Status Jeans War, TV Is the Battlefield A $5 Billion Market 79% of Revenues to Ads 

INDIANAPOLIS, May 25--The machine's official name is the Pennzoil Chaparral, and its unofficial name, given by another race driver, is the Yellow Haze. Whatever it is called, Johnny Rutherford had learned that his machine, with its complex engineering, was supposed to be much better than everyone else's in the Indianapolis 500.  

Rutherford Captures Indianapolis 500 for Third Time; Manifold Pressure Restricted Rutherford Captures Indy 500 Third Time

WASHINGTON, May 25--A key official of the Carter Administration conceded today that the developing recession would be deeper than expected a few months ago, but he said it should recover briskly. The Administration is still opposed to a tax cut this year, he asserted.  

Schultze Sees Deep Recession; Predicts Quick Recovery, Rules Out '80 Tax Cut New Forecasts Coming in July Schultze Terms Slump Deeper Than Expected Possibility of Congress Action 

HOUSTON, May 25--As George Bush prepared to announce tomorrow whether he would continue his race for the Republican Presidential nomination, financial problems--including what campaign aides call an accounting error of $300,000 --appeared to have put Mr. Bush on the verge of pulling out.  

Reported Error of $300,000 Adds To Woes Imperiling Bush's Race; Reassessing His Candidacy Reported Error of $300,000 Adds to Woes Threatening Bush's Race Adding States Adds Debt 

In the sweltering tin shed at Eglin Air Force Base in Florida, where thousands of Cubans are being processed, the nervous refugees sit facing long banks of telephones used by resettlement workers.  

Frustration Rises as Refugees Await Resettlement; Frustration Mounts as Refugees Wait in Camps to Be Resettled Tattooed Telephone Numbers

Craig Swan and Phil Niekro, a pair of $3 million pitchers, staged a solid exhibition of the ancient art of throwing a baseball yesterday in Shea Stadium.  

Mets Sweep Braves On Swan's Shutout; Niekro a Match Two Ways Mets Sweep Braves on Swan's Shutout Both Pitchers Stingy Mets Box Score

LONDON, May 25--The lucrative contract that enticed Ian MacGregor from Wall Street to head the British Steel Corporation seems to reflect a decision by the Thatcher Government to attract executive talent to nationalized industries by paying higher salaries.  

Britain Raising Salaries To Get Executive Skills; Britain Raising Salaries To Get Executive Skills Patriotism a Motivation 

RAHWAY, N.J., May 25--Jerry (Bull) Martin of Philadelphia knocked James Scott off his feet twice in the first two rounds and went on to score a unanimous 10-round decision over the previously undefeated Scott in a lightheavyweight bout at the maximum security prison here today.  

Scott Is Floored in First Defeat

TOKYO, May 25 (AP)--The Kyodo Oil Company, a major Japanese oil distributor, announced it had concluded a contract with Saudi Arabia to import 150,000 barrels of crude oil a day for three years. A company spokesman said Friday that the imports would be at the Saudi official price of $28 a barrel. Japan has been purchasing an estimated 50,000 barrels a day from Saudi Arabia.  

More Saudi Oil for Japan

The Rapid American Corporation, holder of a leading position in variety and specialty stores and alcoholic beverages, reported that it had a loss of $3.2 million in the first ...  

Rapid American Reports Net Loss

MUNICH, West Germany, May 25 (AP)--Rolf Gehring of West Germany defeated Christophe Freyss of France, 6-2, 0-6, 6-2, 6-2, and won the Bavarian Grand Prix tennis title today. He received $12,600.  

German Is Victor

LUXEMBOURG, May 25 (Reuters) --Inflation in the European Economic Community in April was 14.8 percent higher than in the year earlier month, the Common Market's statistics office ...  

Prices Up 14.8% in E.E.C.

HARTFORD, May 25 (AP)--Connecticut, one of seven states that filed antitrust actions in 1973 against the nation's major oil companies, has dropped its $750 million lawsuit because ...  

Connecticut Ends Oil Suit

IN the month since the collapse of the silver futures market, which threatened to undermine some brokerage  houses, Congressional and other Federal investigators have begun to focus on commodity trading margins.  

Commodities; Regulating Trading Margins

Louis-Jean Cormier is a Canadian indie rock singer and songwriter. Formerly associated with the band Karkwa, since that band went on hiatus in 2012 he has recorded and performed as a solo artist and was a judge on the second season of the television singing competition La Voix.

May 26, 1980

Headlines from May 26, 1980

World Bank, in Shift, Lending for Trade Debts; Concern Over Loan Pressure New Loans for Debt Repayment $74 Billion Deficit Seen

MINISTER OF DEFENSE QUITS POST IN ISRAEL AMID A BUDGET FEUD; WEIZMAN SEEN AS MODERATE Decision Described as a Symptom of a Narrowing Political Base in the Begin Government Moshe Arens Possible Successor Regarded as Hot-Tempered 'Setback for Understanding' Against Extensive Settlements

Former Digest Editor Is Slain at Her Home In Westchester County; Ex-Reader's Digest Editor Is Slain, Invalid Husband Beaten in House Returned Home Late

BUSINESS Digest; The Economy International Today's Columns

Shortstops Catching a Lot of Attention; Major League Shortstops Are Catching a Lot of Attention

Billboard 200

Against The Wind

Glass Houses

The Wall

Mad Love

Just One Night

Notable Births

Historical Context for May 26, 1980