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Newspaper
Daily Review
Location
Hayward, California, United States of America
Date
Jun 26, 1977
Page
4
A brief entry from the Hayward Daily Review dated Sunday, dime 1é, 1577 notes a local item in the 6 o’clock edition with no further readable details available.
The Alameda County Fair schedule for Sunday June 26 features opening ceremonies, flag raising, and a lineup of attractions. Includes vocational education Olympics, concerts, photo shows, and all star professional shows. Free admission at various events with a full carnival and midway open discretionary of fair management.
Michael Allen Wood a Washington state resident was sentenced in an Australian federal court to 15 years for smuggling opium valued at 110000. He confessed to importing and possessing opium concealed in rugs, reflecting an international drug trafficking case.
President Carter says hostile Soviet reaction to his human rights crusade has surprised him and stalled SALT talks. He notes no progress in negotiations, while Leonid Brezhnev in Paris echoed pessimism. Carter met with Secretary Vance after brief Paris briefing on Brezhnev’s France visit.
In Salt Lake City Ronald Reagan declares the Republican Party has outgrown rigidity and becomes an aggressive, forward looking force. He markets Citizens for the Republic aimed at electing conservatives in 1978, while avoiding 1980 candidacy pledges. He criticizes Carter policies, urges tax cuts and inflation halt, warns of temporary economic dislocation if restraint fails.
Rep Henry Reuss charges Treasury using the Federal Financing Bank to offer loans as low as 2.5 percent to foreign governments for U S arms purchases. He says such financing favors repressive regimes and disadvantages domestic borrowers and business. He calls for Pentagon guarantees to be reviewed and urges a businesslike approach to arms financing.
Hayward Schaul trustees authorize a trial of duplicating equipment with Xerox as the sole bidder meeting specifications and funding under 330000. A district consultant will review needs and test several machines to identify the best performance at the lowest cost while preparing for installation with minimal up front cost.
HEW Secretary Jose Califara urged ending subsidies to tobacco farmers as critics say government support promotes smoking. He warned subsidies keep cigarettes cheap while evidence links smoking to emphysema cancer and heart disease.
Bay Area markets posted solid gains with 97 advancing stocks, six down and seven unchanged. American Microsystems introduced YMOS, a 3D transistor for MOS tech, promising smaller circuits and lower costs, production slated for late 1977. Transamerica forecasts record earnings for the half year, while Alza faces loan constraints. Memorex offered to acquire Storage Technology in a roughly 75 million deal.
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