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Newspaper
Roswell Daily Record
Location
Roswell, New Mexico, United States of America
Date
Dec 19, 1978
Page
2
NBC star Tom Snyder faces exit rumors as TV Guide reports ABC eyeing him with Barbara Walters for a late night duo and World News Tonight anchor role. CBS also fields inquiries about Snyder while NBC weighs contract expiration in 1979 and potential extensions.
Joseph P. Kennedy plans marriage to Sheila Brewster Rauch a housing specialist for Boston as the couple announced. Rauch 29 daughter of Frances Rauch and R Stewart Rauch Jr her father chairs Philadelphia Savings Fund Society. She holds Wheaton College degree and a Harvard urban planning master's.
Vladimir Horowitz, 74, is hospitalized in New York after surgery and plans to be home for the holidays. A spokesman said he rests comfortably and is in good shape while postponing January appearances to recuperate at his Manhattan home.
Gasoline prices rose in Roswell with dealers expanding hikes amid a national shortage. Gulf Oil and Shell report further increases before year end and January as foreign crude costs drive higher pump prices. Police report a Roswell incident where a 5 year old surrendered after a three hour stand off.
Santa Fe AP reports incoming Finance Director David King says the 1979 executive budget will seek a 9 to 10 percent spending hike with no fat. Cabinet salaries frozen at 40 000 annually, payroll frozen unless funded by legislature or federal money, and a 7 percent average raise for classified state employees.
The Dow rose 1.04 to 788.55 by noon after Mondays drop as IBM revealed a 4-for-1 stock split next spring and boosted its quarterly dividend from 2.88 to 3.44. IBM shares surged sevenfold to 271 before trading was halted for the news.
Soviet dissident Andrei Sakharov says his wife is being detained from receiving a visa to travel to Florence for an eye operation. He accuses authorities of delaying the visa and warns of a hunger strike if permission is not granted.
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