The Indianapolis News from Indianapolis, Indiana • 3

ECnomii 4 I tt S' I f-i, .9 Gauge Hoi qdo Leap rJi tjf mir Leveled By Blast 1 GREENVILLE, N.C. A building containing six units at Greenville's Village Greene apartment complex was leveled by a pre-dawn explosion today, killing at least three persons and injuring more than a dozen. Rescue workers were still at the scene hours later searching for persons believed trapped in debris on the bottom floor of the 3-story building. AP. By Anoclattd Prm The government's main economic forecasting gauge took its biggest leap in nearly 33 years in January, the government said today.

The 3.6 percent gain in the forward pointing Index of Leading Economic Indicators the fifth monthly increase in a row was the biggest since the 4.1 percent rise of July 1950, the Commerce Department reported. The report added to recent evidence that the nation's recovery may be stronger than modest administration forecasts. In addition, the Commerce Department's accompanying Index of Coincident Indicators, designed to measure current conditions, rose 0.6 percent for the month, the second gain in three months and a new indication the recession has ended. The stock market shot up again following a big surge yesterday. The Dow Jones average of 30 industrials, which rose 18.09 points to a record close of 1,130.71 yesterday, was up 7.14 at 1 p.m.

today to 1,137.87. The stock market surge has been fueled by optimism about economic recovery, analysts said. That optimism was reinforced by a Commerce Department report yesterday of record spending for construction in January, as increased outlays in virtually every category produced the biggest surge in building in nearly 37 years. In its upbeat construction spending report, the Commerce Department said new construction was put in place in January at a pace that would total a record $255.5 billion if continued for 12 months. That was 8.9 percent higher than the revised December estimate of $234.7 billion and 13.5 percent above the January 1982 level.

"This is direct evidence of what lower interest rates mean for the economy," said David Cross, sejiior economist with the Chase Economet rics forecasting firm in Bala Cyn-wyd, Pa. Although the construction industry is particularly sensitive to the ups and downs of interest rates; he said, the one-month building boom offers hope for other sectors. The January rise followed a 4.7 percent decline in' December, which climaxed a year in which building plunged at a faster pace than at any time since World War II. The Commerce Department said the 8.9 percent overall increase in January was the largest one-month jump since March 1946. The figures were not completely comparable because of differences in calculations.

January 1981 showed a 5.6 percent increase. But all the news yesterday wasn't buoyant. The government reported that preliminary figures showed that industrial productivity rose at an annual rate of 1 percent last year, considerably less than the gain of 1981. The Bureau of Labor Statistics said productivity, which measures the volume of goods and services put oqt in an hour's paid working time, had gone up 1.7 percent in 1981 in the non-financial corporate sector of the economy. Declining productivity in manufacturing, and in heavy durable goods industries particularly, pulled the overall gain down to the 0.1 percent level.

On Says Budget 'Very atssfactory' THE Regan Bows To Thrift Lobbyists 114th YEAR 1983- The Indianapolis News 25 CENTS INDIANAPOLIS, INDIANA, WEDNESDAY, MARCH 2, 1983 By RICH SCHNEIDER Gov. Robert Orr today said budget bills adopted by the Indiana House Ways and Means Committee are a "very satisfactory answer" to the needs of the state. Ways and Means Committee members met into the early hours today and approved three budget bills that comprise the bulk of a two-year spending program that totals about $13.7 billion. Orr told a press conference the committee did a "good job in putting together a very difficult budget." The committee's efforts represent a strong effort to restrain growth of the budget in a period when "we simply can't let it grow too much," Orr said. Restraint has to be employed, Orr said, but at the same time there are a wide number of things that have to be done in areas such as education, corrections, mental health and economic development.

Orr said the committee's recommendations call for about $140 million to $150 million more in general fund spending than was recommended by the State Budget Committee. The two-year spending program recommended by the Ways and Means Committee assumes these WASHINGTON (UPI) Under heavy pressure from banking and thrift industry lobbyists. Treasury Secretary Donald Regan today proposed easing the new requirements for withholding potential income tax funds on saving and investment income. The proposed changes would put off withholding until the end of the year of interest from regular savings accounts, interest-bearing checking accounts, new money market accounts and Super-Now checking accounts. Financial industry lobbyists, aided by grass-roots campaigns in bank lobbies across the country, have waged a furious battle to turn back the extension of withholding to interest-generating accounts.

Despite pledges from congressional leaders of both parties to preserve the bank withholding, lobbyists believe, they have achieved enough support to accomplish a repeal. The law specifies that 10 percent of the interest on savings and dividends be sent by financial institutions to the Internal Revenue Service, except for elderly and low income persons. The revisions also would postpone until Jan. 1, 1984. withholding on a number of Treasury securities, including the highly popular weekly bills, and a similiar time delay would Former Banker ready for a vote by the full House, is based on a 5 percent overall funding increase model, with some departments receiving bigger and smaller percentage increases.

"Nobody's getting all they ask for," said Rep. Norman R-Auburn. "We are trying to shoot for 5 percent." The nine Democratic members of the Ways and Means Committee un-sucessfully offered about three dozen amendments to the bills, but all were defeated on party line votes. "Their priorities are misdirected," House Minority Leader Michael Phillips, Boonville, said of the GOP budget plan. "I think they failed to address major public concerns such as insuring minimal care for patients in our mental hospitals," he said, "and providing funding for public education to insure we can achieve what the governor has characterized as a dec-" ade of excellence in the educational system." Gerig said House leaders did not want budget increases to exceed the inflation rate, which is running at about 4.5 percent, because "anytime we increase the budget over the Continued on Page 10 Guilty Investigators said Richardson and Mrs.

Proctor first hired Culley to kill Mrs. Richardson and then paid an undercover State Police officer $25,000 to kill Culley and Richardson's wife when Culley failed to make good oh the contract. At the time of their arrest, Mrs. Proctor was a nurse at St. Vincent Hospital in Indianapolis.

Richardson paid $250,000 last fall in a divorce settlement in Boone Circuit Court. Under the terms of the settlement reached last Sept. 30, Mrs. Richardson received custody of the couple's three children and $250,000 from an estate estimated upwards of $500,000. Richardson did not contest the divorce.

States both on its face and as applied in this case, was a valid exercise of Congress' power," Brennan wrote. Joining Brennan were Justices Byron White, Thurgood Marshall, Harry Blackmun and John Paul Stevens, Chief Justice Warren Burger and Justices Lewis Powell, William Rehn-quist and Sandra Day O'Connor dissented. Today's decision reversed a ruling in 1981 by U.S. District Judge Clarence Brimmer in Cheyenne, that Congress had gone too far in extending the age discrimination ban in 1974. Business Bulletins be granted to new information; porting requirements.

All other wills-; holding provisions would take effect July 1. Up, Up And Away NEW YORK (UPI) Stock prices shot upwards late today, con tinuing Wall Street's record-breaking market. Standard Poor's index to 152.49. The Dow Jones Industrial Average set a new high of 1,130.71. at noon.

Late stocks Page 60 Attack Fed WASHINGTON (UPI) Sens; Daniel Moynihan and Gary Hart proposed today that Congress challenge the independence of the Federal Reserve Board in setting economic growth rate targets. lti Sedco Settles WASHINGTON (AP) The Jus; tice Department agreed today to; e- cept $2 million from Sedco Inci Texas oil driller, to settle all claims arising from the largest oil spifl-ui history in 1979. Sports Bulletins ip Fabi, a 27-year-old European star; was officially entered today as drayer for the Forsythe team. N4 The Speedway has a testing schedule throughout the month of March that will see most of the top teams and drivers participating. Next week, among those scheduled to test are Bobby Rahal, a two-time Indy car winner last year as a rookie, and 1969 winner Mario Andretti in his new Paul Newman-owned Lola.

Special to Tin Ntws LEBANON, Ind. A former Thorntown banker today pleaded guilty to conspiracy to commit murder in connection with an abortive plot to have his wife killed. Authorities said John Barker Richardson, 41, had conspired to have a gunman murder his wife, Eleanor, so he could marry Mary Glenda Proctor, 40, Lebanon. An additional charge of conspiracy to commit murder in connection with an alleged plan to kill the hit man, Steve Culley, 36, Dover, was dropped as part of the plea bargain struck between Richardson's attorney and the Boone County prosecutor's office. Appearing in Boone Circuit Court today, Richardson admitted to hav NEW funds that were reappropriated by the Legislature in December.

June 30, 1985 $175.93 million, which apparently assumes restoration of a "forward funding" plan for distributing state property tax relief payments to counties to pay for property tax relief programs at a cost of more than $114 million. All the estimates are subject to revision, however, when an update of the state's November revenue forecast is made, possibly next week. The preliminary budget draft. Pleads Abortive Murder Plot Richardson 10. He told Judge Drury he believes he has been helped with his emotional and mental problems.

Richardson was chairman of the board of Home National Bank in Thorntown and was one of the bank's major stockholders at the time of his arrest. retire at 55, Justice William Brennan wrote for the court: "The Age Discrimination in Employment Act does not directly impair the state's ability to structure integral operations in areas of traditional governmental functions." Indiana has not required its employes to retire before age 70, said Keith Beesley, administrative assistant in the state personnel department. In addition, at age 70 a state employe has available a process to remain employed pending approval by the state. Otherwise retirement in the employe's 70th year is required. Brennan said that even though the challenged Federal law regulates "the states as states" and may deal with matters usually left to state sovereignty, the fact that "traditional governmental functions" are not directly impaired means applying the law to state governments is constitutional.

"The extension of the (law) to cover state and local governments. Weather Fair tonight, low in upper 30s to low 40s. Sunny tomorrow, high In upper 60s to low 70s. Details On Page 71 Temperature 3:30 p.m. 67 general fund working balances or surpluses: June 30, 1983 $74.8 million, excluding the expected re-establishment of a $120 million tuition reserve fund for cash flow purposes later in the year.

June 30, 1984 $108.48 million, which takes into consideration a $184.6 million transfer to the state's property tax replacement fund to keep the PTR fund solvent. It also takes into consideration $50 million in unspent repair and rehabilitation ing an affair with Mrs. Proctor for several months and to giving her money on two occasions to pass on to Culley to kill Mrs. Richardson. He told the court he never had any direct contact with Culley.

Under the plea agreement, Richardson is to be fined $5,000 plus court costs, payable within 30 days. He is also to obtain in patient treatment in an appropriate mental health facility under the care and direction of Dr. James Davis, an Indianapolis psychiatrist. The plea agreement, accepted by Judge Ronald Drury, also stipulates Richardson must spend a minimum of 6 months as an in-patient and must bear the expense of his treatment. Richardson has been under Dr.

Davis' care since his arrest last July banning discrimination against workers aged 40 to 70. Congress did not invade the powers left to the states by the Constitution's 10th Amendment in doing so, the court said today in a major "state's rights" ruling. Ruling in the case of a Wyoming game warden who was forced to NO 245 votes. COMMENTS: Her actions make it clear she isn't ready for the responsibilities of motherhood She needs counseling, not a baby to look after The child will have a better chance in a foster home" Better to place it in a good home where it will be cared for 4 Brebeuf-Pike Matcrl Tops Sectional Playf Retirement Law Applies To WASHINGTON (AP) State and local governments generally cannot force their workers to retire before age 70, a divided Supreme Court ruled today. By a 5 4 vote, the court said Congress acted within its constitutional authority when it applied to the states in 1974 a Federal law Sound Off YESTERDAY'S QUESTION Should the 15-year-old girl who abandoned her new-born baby be given custody of the child? HOW YOU VOTED Indiana high school sectional basketball action picks up tonight with games slated for most sites around the state.

In Marion County, two games will be played at each of the four sites Ben Davis, Hinkle, Franklin Central and Southport beginning at 7. In suburban action, the Brownsburg, Carmel, Franklin, Martinsville and Shelbyville sites all begin sectional play. Greenfield and Lebanon begin their sectionals Friday. Finals are Saturday. The big games tonight are at Ben Davis where No.

13 Brebeuf puts its 18 2 record on the line against dangerous Pike. In the second contest. Northwest meets Speedway. Another key encounter is the Howe-Manual matchup in the second game at Southport. Manual is ranked second in the state.

Other ranked teams playing tonight include: No. 8 Anderson vs. Alexandria, No. 9 New Castle vs. Knightstown, No.

11 Gary Roosevelt vs. Gary West, No. 14 Merrillville vs. Calumet, No. 15 East Chicago Roosevelt vs.

East Chicago Washington, No. 17 Attica vs. Covington and No. 20 Marion vs. Elwood.

FabiCoes 198 Rookie-to-be Teo Fabi, making his first appearance at the Indianapolis Motor Speedway today, turned a testing lap at 108.6 miles per hour, YES 53 votes. COMMENTS: She's the natural mother Anyone can make a mistake; she should have a chance to make up for hers She was under stress and may have panicked when the baby was born She has already learned from her mistake. Staff Complete SUWANEE, Ga. (AP) The At lanta Falcons new head coach, Dan Henning, named two former National Football League players as assistant coaches today, completing his staff for the 1983-84 season. Ted Fritsch, 32, a seven-year NFL veteran center and special teams player with the Falcons and Washington Redskins, was named special teams coach.

Gary Puetz, 30, was named an assistant offensive line coach. Puetz, a 10 year league veteran, played last year with the Super Bowl champion Redskins. He also played with the New York Jets, Tampa Bay and New England. 1 Race Entries. Results Page IN THE NEWS Amusement 34-35 House Plan 63 Bar Beat 35 Living Bridge 72 News Today 2 Business 60-63 Obituaries 64 Comics 56 Pictures 32 Crossword 72 Records 29 Editorial 8 Sports 15-22 Food 37-58 Suburbia 11 Garden 23 TV-Radio 12-13 Health 33 Want Ads 65-71 Herman 72 Weather '71 The NEWS Phone Numbers Main Office 633-1240 Circulation 633-9211 Want Ads 633-1212 i than to have it wind up another welfare statistic.

TODAY'S QUESTION Which team do you think will win the Indiana-Purdue game tomorrow night? To answer, call 633-1033 or 633-9203. Answers will be accepted until 6 a.m. tomorrow..