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Daily News from New York, New York • 114

Publication:
Daily Newsi
Location:
New York, New York
Issue Date:
Page:
114
Extracted Article Text (OCR)

THE FAMILY i i- -a tjst i By HARRISON RAINIE Washington (News Bureau) The Securi ties and Exchange Commission has cleared Reo. William (R-Manhattan) of allegations that he used inside information to purchase stock in the Starrett Housing Corp. while it was considering buying Levitt Corp. In a letter to Green's lawyer, Edwyn Silberling, SEC official Donald Malawsky wrote that the staff investigation of the purchases was complete and that "no enforcement action has been recommended to the closed that he had resigned" as- chair mmr Dec. 31 to comply with new ethics regulations but jvili stay wilh the firm as a director without his ,175,000 yearly salary as chairman.

The financial filjngs, which for the first time cover a full year of activity, also revealed: Rep. John Murphy the only major committee chairman in the city delegation, was also the only one to receive. the maximum permissible amount of honoraria and other outside income $25,000. Murphy, who heads the Merchant Marine and Fisheries Committee and the Outer Continental Shelf Committee, got most of his fees from shipping interests. Freshman Geraldine who largely bankrolled her own campaign last fall, sold two pieces of: property in New York City for between $65,000 and $150,000 in the final weeks of the campaign.

Freshman Rep. William Carney (C-Suffolk) had the least income, netting $27,200 from his salary as a Suffolk County legislator and as a staffer with the local Heart Association. Rep. Mario Biaggi (D-Bronx) had a good year at his law firm, making between $50,000 and $100,000 and sfjjing stork fpr a gain of $15,000 to $50,000. commission.

-The'jprobe began last spring after a published re port that Green had bought stock in Starrett Housing just before a January 1979 announcement that Starrett hoped to purchase The move would have made it one of the largest housing builders in the nation. 'Mommy! Look what Dolly grew on her forehead!" Bought 6.400 shares Green, who was interviewed by the SEC in April 1978, said he bought 6,400 of his 94,700 shares in the firm in the period just before the announcement, but be denied that he had inside information. The value of his holdings in Starrcrt, which is traded on the Ameriean Stock exchange, nas dropped from $935,003 at its peak last year to $781,481 currently. G.TIMOTHY JOHNSON, M.D. FAMILY DOCTOR The charge, in Esquire magazine, "was erroneous and it was inevitable that the SEC would find it such," Green said yesterday.

Only 3 days left for 'Art in the News' Only three days remain to see "Art in the News an exhibition of paintings, drawings, crafts and a good deal more from students in New York City's public schools. The exhibit is in the lobby of Lever Ave. and 53d where you'll be surprised by the originality and expertise displayed in this show of young people's art. Admission is free. Exhibit hours for the remaining days are 10 a.m.

to 5 p.m. The 1979 show is under the direction of Grace George Alexander-Greene, assisted by Jack Rosenbaum. "Art in the News" is sponsored annually by the Daily News and the Board of Education with the cooperation of Lever Brothers Co. The multimillionaire's Starrett holdings are among his major financial interests, which include at least six other stock holdings valued at more than $100,000, according to recently filed financial disclosure statements. The documents show that Green earned between $66,000 and $205,000 in interest, dividends and other income last year and traded heavily in the stock market for an undisclosed amount of capital gains that could have ranged up to $500,000.

The two other millionaires in the New York City congressional delegation. Reps. Jonathan Bingham (D-Bronx) and Fred Richmond (D-Brooklyn), also had good years financially. Bingham earned $812,000 from his stocks' interest on top his $57,500 congressional salary, and Richmond netted at least $275,000 in salary and dividends as chairman of the Walco National a manufacturing and merchandising firm. Richmond dis- Dear Dr.

Johnson: Could removal of my gall bladder lead to diarrhea? John Buffalo. N. Y. Dear John: Diarrhea is not usually a complication of gall bladder surgery. But it does occur in a few cases.

Sometimes the diarrhea can be traced to increased amounts of certain bile acids in the intestine. According to recent reports, treatment with cholestyramine which binds these acids can control the diarrhea. Dear Dr. Johnson: What is the cubital tunnel syndrome? How does it differ from the carpel tunnel syndrome? Edward Glens Falls, N. Y.

Dear Edward: Cubital tunnel syndrome involves pressure on the ulnar nerve in the inner part of the elbow. (This is the same nerve that reacts with the funny-bone sensation when bumped.) When this nerve is pinched at the elbow, it may result in the wasting away of some muscles in the forearm. Such pinching also may cause loss of sensation or other sensory changes" in the little finger and the ring finger, which are connected to the brain through the ulnar nerve. The carpel tunnel syndrome refers to a situation in which the median nerve at the wrist is pinched. This can result in many sensory changes in the thumb and in the adjacent two fingers of the hand.

Both problems usually are treated surgically by removing the tissue that is squeezing the nerve fiber. Dr. Johnson: I understand that European surgeons are having great success curing impotence by means of surgery, restoring blood to the penis. Can you tell me more? Lyndon Manchester, N. H.

Dear Lyndon: I've seen several reports about surgical revascularization procedures, which involve hooking up a new blood supply to the penis. 'American studies of such procedures have been disappointing. We need to learn much more about the long-term results of such surgery before it can be generally recommended. I have pointed out before that most problems involving impotence tend to be psychological rather than physical. JUMBLE that scrambled word game ACNE? ha prrn efffctirf ftr many nuffrnT.

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Lie 673167 Nassau County Lie. 180412 OUT-OF-TOWN. CALL COLLECT EUROPEAN COUNTRY. ERAUSSI -1 nil I Saving, on Now arrange the circled letters to form the surprise answer, as suggested by the above cartoon. LifKtT Arc You get more of a kick out of sports in the Daily News.

DAILYb news AmaicsA Largest Ntnnpapa Print answer here: I I jhLXJ" (Answers tomorrow) Jumbles: VALET LOUSY TIMELY NOVICE Yesterday' "1 Answer They came from outer space with long tails COMETS Hurwitz Home Improvement, Inc. 1013 Hempstead Turnpike, Franklin Square, Jumbta Book No. 1 3, containing 1 1 0pazztes. is mHabte lor 1.7S postpaid from Jumbl. do this nw: 'spapcr, oox4, rtorwooo, j.uMa inciuosyour and mska chocks payabte to Nswspapsrbooks.

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Years Available:
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