Banner Graphic, Volume 10, Number 130, Greencastle, Putnam County, 5 February 1980 — Page 2
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The Putnam County Banner Graphic, February 5,1900
Saudi Arabia to cut oil prices or increase output NEW YORK (AP) Saudi Arabia, producer of nearly onethird of OPEC’s oil. reportedly may cut prices or increase its output to slow a price spiral it started with a $2-a-barrel increase last week. The report in the Middle East Economic Survey came Monday as Nigeria, Algeria and Indonesia, suppliers of 11 percent of U.S. oil needs, raised crude oil prices by up to $4.21 per 42-gallon barrel. The moves brought to nine the Organization of Petroleum Exporting Countries members following last week’s Saudi increase. which was billed as a move to stabilize conditions in the 13-nation cartel. A barrel of Algerian crude oil, now OPEC’s most expensive grade, went to $37.21 from $33 in early January and $26.27 in November. Nigerian oil rose from S3O to $34.21 a barrel, and Indonesian oil climbed $2 to $29.50. Other nations'oil rose by $2 to $2.50 a barrel, to S2B to s3l. The economic survey said in Nicosia, Cyprus, that Saudi Arabia was “extremely disturbed and disappointed’’ by the increases, which when added to the Saudis’ action could add 2.5 to 3 cents a gallon to U.S. retail gasoline and heating oil prices. The influential newsletter, quoting an unidentified Saudi source, said some OPEC members “have shown that their only target is to push the price of oil upwards regardless of any harmful consequences.” The source also was quoted as saying, “Saudi Arabia might either reduce its price,’’ which at $26 a barrel is the lowest in the cartel, “or considerably increase the level of production over and above the current level” of 9.5 million barrels a day. “Politics would dictate (the Saudis) not starving the world at a time when Russian tanks are the Middle East oilfields,” said Theodore R. Eck, chief economist of Standard Oil Co. (Indiana). “If Saudi Arabia continues above 9 million barrels a day, my guess is that it will be very difficult for OPEC to effect additional increases,” Eck said. The Saudis have been priceincrease “doves” at OPEC meetings, trying to hold the line to prevent severe economic shocks that could plunge the industrialized world into a deep recession. Much of tbe Saudi’s oil wealth has been reinvested in U.S. and Western European industry, real estate and securities. , ...v'-.;:
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"We're Your Kind of Bank''"' National Bank Region Number Four Consolidating domestic subsidiaries of the CENTRAL NATIONAL BANK !l° ,e fj n^' ana ' 01 ,h< * C, °** ° f bosine »» on December 31. 1979 published in response to coll mode by Comptroller of the Currency, under title 1 2, United Slates Code, Section 161 . Thousands of dollars ASSETS Cash and doe from depository institutions ... U.S. Treasury securities .. Obligations of other U.S. Government agencies and corporations ' 89 Obligations of Stoles ond political subdivisions in the United States i . AH other securities Federal funds sold and securities purchased under agreements to resell 5 000 loans, Total (excluding unearned income) 34 547 less; Allowance forpossible loan losses . 377 loons. Net - W.. ...... . ...'.* 34 170 lease financing receivables., ‘ Bonk premises, furniture.Ond fixtures; and other assets representing bank premises 502 rai« assets. .... LIABILITIES Demaipd deposits, of individuals, partnerships, ond corporations 11 471 Tinw and savings deposit Of individual, partnerships, and corporations 41 202 Deposits of .United States Government '33 Deposits of States and political subdivisions in the United States 5 447 Certified and officers' checks Total Deposits , ; Y...... 58 392 Total demand deposits 13012 Total time and savings deposits 45 380 All other liabilities ...... 844 TOTAL LIABILITIES (excluding subordinated notes and debentures). so oia EQUITY CAPITAL Common stock No. shores authorized 10 000 No. shares outstanding . 10,000 (par value) 1 000 S^P lo * ,'qOO Undivided profits ond reserve for contingencies and other capital reserves 3 5A9 TOTAL EQUITY CAPITAL 5 1?, TOTAL LIABILITIES AND EQUITY CAPITAL ~ 64 '^ MEMORANDA Amounts outstanding as of report date: Time certificates of deposit in denominations of * 1 00,000 or more 5 440 Average for 30 colendor days ending with report date: Total deposits 56359 I. Julion Jarvis, Cashier of the above-nomed bank do hereby declare thol this Report of Condition is true and correct to the best of my knowledge and belief. Julion Jarvis, January 31,1980 We, the undersigned directors attest the correctness of this statement of resources ond liabilities. We declare that it has been exomined by us, and to the best of our knowledge and belief is true and correct. Directors: F. M. Aker, Rexell A. Boyd, Gerald E. Warren Member Federal Deposit Insurance Corporation
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REPORT OF CONDITION
Human rights Cambodia, Vietnam, North Korea most repressive
WASHINGTON (AP) The State Department, analyzing human rights around the globe, reported today that Cambodia, Vietnam and North Korea were among the most violently repressive countries in the world. ' The 154-nation study said conditions generally have improved in Africa and Latin America. But it was sharply critical of the Soviet Union, estimating the number of poltical prisoners at between 2,000 and 10,000 and stating that the regime "recognizes no right to any opinion or behavior it chooses to regard as deviant. ” Although torture in the Soviet Union is “less prevalent” than before, the report said Soviet prosecutors have not failed to convict prisoners accused of political crimes in the 62-year history of the revolution. In summary, the report said, “impressive strides” were taken in 1979 in the building of international institutions for protecting human rights. The study cited as one example a call by African nations for a permanent Pan-Afrian human rights body as well as the new American Convention on human rights, which sets forth standards for members of the Organization of American States. Among non-communist countries, the report was perhaps most critical of South Africa where, it said, the non-white majority “suffers pervasive discrimination in all areas of life; their basic human rights are systematically violated.” The annual report previously was limited to analyses of recipients of U.S. military and economic aid but this year was broadened to include all countries. The report is mandated each year under a provision of the Foreign Assistance Act. China, the report said, has a mixed record. There has been
world
Soviets led massacre of 1,000 men last year
By The Associated Press Refugees from Afghanistan report Afghan troops led by So viet advisers massacred more than 1,000 men last year in a village accused of collaborating with the Moslem guerrillas. The refugees’ report was relayed by Edward Girardet of the Christian Science Monitor, writing from the Raghnai Pass on the border between Afghanistan and Pakistan. He gave this account in his copyrighted dispatch: About 200 Afghan soldiers led by 20 Soviet advisers entered the village of Kerala, in eastern Afghanistan about 40 miles from the Pakistani border, last April 20.
“They forced ail the men to line up in crouching positions in the field just outside the town and then opened up with their machine guns from behind,” said Abdul Latif, a traffic policeman who said he was among the survivors. The order to fire came from a “dark-blond, green-eyed Russian soldier who wore an Afghan uniform without insignia.” Within minutes a bulldozer was put into action, plowing the bodies under in the field while the wives and children of the men watched and wailed. Some of the victims apparently were still alive and moving. “Then they spread out throught the town gunning down all the remaining men they could find.” Girardet said about 400 families from the village fled to Pakistan, where more than 500,000 Afghans have found refuge since Afghan communists took over the government in Kabul nearly 22 months ago and
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“movement in the direction of greater freedoms” in the years since the death of Mao Tsetung, including a livelier press, a formal legal system and some tolerance of dissent. “But reforms have not yet broken the entrenched patterns of harassment, arbitrary arrest and harsh punishment for political dissent,” the department said. In Eastern Europe, the report said East Germans are “tightly controlled” in all aspects of their lives while in Czechoslovakia, "overt opposition in any field is punished.” On the other hand, the regimes in Hungary and Poland were said to be more tolerant of dissent than some of their communist neighbors. Outside the Soviet-led Warsaw Pact group, communist Albania was found to be "marked by xenophobia, a harsh brand of Marxism, militant atheism and a singular and abiding respect for Joseph Stalin.’’ Many of the country-by-country reports refrain from passing judgment. For the most part, objective accounts provided by human rights groups and other sources are outlined without comment. Occasionally, however, the State Department draws its own subjective conclusions. As an example, the report stated flatly that “nowhere in the world are human rights more beleaguered than in Cambodia.” In the areas of Cambodia under the control of Vietnamese occupation troops, the report said, “the conditions of life regressed to a level of suffering” reminiscent of the Khmer Rouge regime of 1975-78. In Vietnam itself, the report said tens of thousands are held in re-education camps under harsh conditions and that tens of
a Moslem guerrilla rebellion broke out in the countryside. “Overall corroboration of testimonies by the survivors, many of whom live miles apart, confirms the magnitude of the killings although the exact number of victims must remain an estimate,” Girardet reported. However, the Soviet news agency Tass today denied the massacre account carried by the “Western news media,” declaring: “It is perfectly evident that the new dirty slander is part and parcel of the malicious propaganda campaign which was launched by Washington and by some of its allies around the events in Afghanistan. “Behind the yarns told by Western propagandists, there is nothing which would, if only remotely, resemble the truth. These are vile fabrications which imperialist propaganda itself invents for perfectly definite purposes and circulates.”
Riot began when inmates were caught drinking
SANTA FE, N.M. (AP) - The savage rebellion at the New Mexico State Penitentiary that claimed the lives of at least 35 inmates many through mutilation and torture apparently erupted when a guard caught prisoners drinking home brew, a prison official says. At least 28 convicts were killed and seven died of drug overdoses in the riot that left the maximum-security penitentiary in near ruins, authorities said Monday. Deputy Warden Robert Montoya said unconfirmed reports indicated a group of inmates seized shift Capt. Greg Roybal, who was on a routine security check early Saturday, when he found them drinking. The inmates were able to release other convicts, and that started the bloody uprising, officials said. But they were not certain what triggered the brutal violence of inmate against inmate. Survivors said an execution squad armed with blowtorches and axes tortured and killed inmates during the 36-hour siege. Another inmate said he was among prisoners who were bound and repeatedly raped. One man was beheaded; another was found with a metal rod driven through his head from ear to ear. Others had limbs chopped off or their eyes gouged out. Many were beaten beyond recognition. Officials said some of the violence was directed against in-
thousands more died at sea trying to escape the country. The report said repression in North Korea is similar to that of the Stalinist era in the Soviet Union. Conditions in South Korea improved somewhat after the October assassination of President Park Chung Hee although censorship was continued and political meetings banned. In Iran, where 50 Americans have been held hostage at the U.S. embassy since Nov. 4, the report said several thousand Iranians were in jail at the end of 1979 for political reasons. Nonetheless, it said Iranians were freer to express political views than they were under the deposed shah who, according to the report, was responsible for the imprisonment and torture of thousands of his subjects. Israel was given high marks for its human rights performance within the pre-1967 border but the report said some basic guarantees have been suspended in Israeli-held territories. Elsewhere in the Middle East, violations were found to be prevalent in Iraq, Lebanon and Syria while the picture was brighter in Egypt and Saudi Arabia. The report found some improvement in Argentina and Chile, which came under heavy criticism in the past because of arbitrary arrests and the large numbers of persons who disappeared for unexplained reasons. The incidence of disappearances in Argentina, the report said, has declined significantly, from more than 500 in 1978 to 44 known cases last year. There also has been a substantial drop in the number of Argentines held without charge. As for Chile, no confirmed disappearances have occurred since 1977 and cases of torture also have declined.
Stiffest penalties sought for inmates SANTA FE, N.M. (AP) Prosecutors say they will seek the stiffest penalties possible for as many as 100 inmates responsible for the merciless carnage and widespread destruction at New Mexico State Penitentiary in a weekend riot. Meanwhile, other states and the federal government opened the doors of their security facilities to house some of the more than 1,000 inmates left without shelter as the 23-year-old state prison was reduced to near-ruin by flames and violence. Federal officials said prisons in Texas and Kansas could be ready to house New Mexico inmates today, and Arizona, Colorado, Oklahoma and Nevada offered help. Joanne Brawn, administrative assistant to the director of corrections, said only about 300 inmates will be able to remain in what is left of New Mexico’s only maximumsecuriity facility. r
formants, but Dr. Marc Orner, the prison psychologist, said there was evidence racial hostility and personal grudges were behind some of the deaths. Warden Jerry Griffin said 35 deaths had been confirmed, but Gov. Bruce King put the total at 39 and said 15 convicts were missing in the nation’s worst prison revolt since 43 died in the 1971 uprising at Attica in New York. “There were 55 inmates who rushed the corridor after seizing Capt. Roybal, and they took three to four guards hostage,” Montoya said. Another report said corridor guards were confronted without warning by a man dressed in a
Bani Sadr makes no mention of U.S. hostages in speech
By The Associated Press Abolhassan Bani Sadr, sworn in as Iran’s first president by Ayatollah Ruhollah Khomeini, (Hedged to do away with corruption but made no mention of the U.S. hostages who began their 94th day of captivity today. Bani Sadr took the oath of office Monday in a televised ceremony at the Tehran hospital where the 79-year-old Khomeini is recuperating from a heart attack. He said he would work to rid Iran of hundreds of years of corruption resulting from successive monarchist regimes. The last one, headed by Shah Mohammad Reza Pahlavi, was ousted by Khomeini’s revolution a year ago. “We are facing great difficulties, but I am sure that we will overcome them thanks to the powerful will of our nation,” the 46-year-old president said. Bani Sadr officially became president when Khomeini handed him the presidential decree. He is expected to choose a cabinet after parliamentary elections in about a month. Bani Sadr’s opponents in the ruling Revolutionary Council
guard uniform and carrying a flashlight and a prison-made knife. As the guards struggled for the knife, they were surrounded by inmates who blindfolded, beat and stabbed them. All but three of the guards were released before a special police weapons team and National Guardsmen marched in Sunday afternoon to retake theprison. No shots were fired inthe police move. Montoya said once the first inmates got into the central corridor they had little trouble making their way to the glass-' enclosed control center, which' supposedly was bulletproof and' impregnable.
did not want him sworn in until after the elections, but his installation by Khomeini showed he had more clout than they did. “I ask Mr. Bani Sadr to re- - main humble and his morality not be changed by serving as president,” said Khomeini, Iran's Shiite Moslem patriarch. - “I pray to God to protect all of us from tending towards the East or the West.” Khomeini said he would endorse and support Bani Sadr as long as he follows the sacred principles of Islam, abides by - the constitution and helps the poor and the oppressed The presidential term is four years, but the new Islamic constitution confers supreme power for life on Khomeini, and he can dismiss the president any time he wants to. Bani Sadr was ousted as foreign minister two months ago for taking too moderate an approach to the hostage crisis. Over the weekend he indicated that the U.S. government must help Iran get the shah back for trial before the approximately 50 hostages, seized at the U.S. Embassy Nov. 4. are freed.