European Stars And Stripes (Newspaper) - November 6, 1987, Darmstadt, Hesse                                Friday novembers 1987 the stars and stripes Page 3 appt Wio Curtis in court for sentencing after guilty plea. Grandmother sentenced for drug trafficking Euclid Ohio a a 79-year-old woman has been sentenced to 90 Days in jail fined $2,500 and ordered to sell her House after pleading guilty to a charge of Selling Ltd to an undercover agent. Dorothy v. Curtis was sentenced by Cuy Aho a county common pleas judge Paul r. Matia. I m sorry your Honor that i caused so much trouble Curtis said leaning on a Walker. I just delivered something for someone who asked me. I did t Benefit from this one  said the facts showed otherwise. I have looked into this Case closely Mati Asaid. I believe you did know you were Selling drugs. As a matter of fact you knew the House was being used to sell drugs. That s not some thing we can  said an undercover agent purchased 30 doses of Ltd from Curtis during a six month undercover operation. Curtis pleaded guilty to a lesser charge of Selling fewer than 10 doses hop ing to avoid a prison term. The distinction Between that and the reduce charge is a mandatory three years on the first count and under the reduced count she s eligible for probation her attorney Craig w. Pattern said when she entered her guilty plea on oct. 6.matia suspended a two year sentence in the Ohio state reformatory for women on the condition Curtis put her Home up for Sale to some one other than relatives. She must also spend 90days in the Cuya hoga county workhouse and was placed on three years  judge said he ordered Curtis to sell her House because he wanted to prevent the House from being used As a drug Haven. He also did t want it purchased by her grandson who was living at the House with several friends one of whom pleaded guilty in september to two counts of trafficking in Ltd. Sec checking on brokers for unethical Stock sell offs Washington a the securities and Exchange commission will investigate whether some Bro Kerages sold their own stocks before taking care of Small investors during last month s Sharp drop in the Stock Market the Sec chairman said thursday. There is some Chance that in the confusion some of the institutional trades were made in front of the Small Cron but War launching an investigation to find out what s going on said Sec chairman David s. Ruder on Abc tvs  Ruder indicated the Sec had no specific evidence that dealers put their own investments ahead of those of customers when the Dow Jones Industrial average plummeted 503 Points on oct. 19. We Don t know yet we re looking into it he said in response to a question about concerns raised during a Senate sub committee hearing at which he testified wednesday. Ruder said the Agency has Strong regulatory Powers Over brokerage companies if they Are found to have acted improperly. Individuals who feel their Stock transactions were badly handled can also Hie complaints with the National association of so ies dealers which has an arbitration system for such problems he said in the television interview. Responding to complaints that some investors could t even get through to brokers As the Stock mar Ket took a record dive. Ruder said the Sec will suggest that brokerage firms increase their phone response  the chairman recommended that Small investors get professional advice before investing in the Stock mar Ket or use an investment vehicle such As a Mutual fund. At the hearing sen.  w. Ring la jr., d-mich.,said he was astonished that president Reagan has had no substantive discussions with the Sec chairman about the Stock crash. In response to a question from ring la the panel s chairman Ruder acknowledged that he has spoken to Carson puts firm on the Market los Angeles a Johnny Carson who will decide in May whether to renew his tonight show contract is Selling his production company for a mini mum $65 million it was reported. Information about the availability of Johnny Carson productions co. Has been sent to potential buyers daily variety  entertainment newspaper said unnamed sources believed the production company would bring higher offers than the minimum asking Price because 01 its  those assets Are the hit Abc to show amen no. 12 in the Nielsen ratings a share Esti mated at Between 25 percent and 50 percent of late night with David Letterman and a commitment from Abc for four on the air programs Over the next four years. There s also the series or. President on Fox Tele vision and Cash flow from segments of to s bloopers & practical jokes produced in conjunction with Dick Clark productions. Carson productions also has Cash flow from syndicated pre-1980 episodes of the tonight show the shows Are currently under contract with $4 million to $5 million to be collected under those agreements. Billionaire s tax return revealed in court Washington a Nelson Bunker Hunt of Dallas earned Only $6,000 in wages salaries and tips in 1980, but he received a tax refund of $3.4 million according to his lax return. While his wages were Low Hunt took in More than $79 million in taxable capital gains interest income and dividends according to Bis return portions of which were made Public in . Tax court this week. He took $43 million in deductions $13.4 million in tax credits and wound up paying s29.2 million in taxes. The Hunt family attempted to Corner the Silver mar Ket in 1980, but the Market crashed that year. Hunt s tax return is pan of a Mountain of paper evidence introduced by the internal Revenue service in a consolidation of eight cases against the Hunt family in the tax court. The government contends Hunt and his wife Ille Gally took $150 million in deductions for bad business Loans that were really gifts to their children to cover losses when the Silver Market crashed. The Hunts say they Lent the Money to their children to cover margin Calls on Silver futures fully believing they would be repaid because they believed in the Long term value of Silver. The crash resulted in at least a $1.3 billion loss for Nelson Hunt and his brother Herbert Hunt who to Gether had bought 59 million ounces of Silver then estimated at one third of the world Supply. According to his return. Nelson Hunt spent $621,072 just for storage of his Silver Hoard during 1980. Reagan Only once since the Stock Market collapsed on Black monday. Ruder said the president called him the following saturday to congratulate the Sec staff for its work during the crisis. I find that an astonishing fact. It s a disturbing fact said ring la chairman of the Senate banking subcommittee on securities. I m not sure we re going to be Able to get a hold of things the was we need to it we have disengagement of that sort from the most important office of this  Riegle urged Ruder to take an Active and Public role in pushing for measures needed to prevent another crash including pressing the administration for a big Ger budget. You have the support of everyone Here on this committee to be As forceful As Blunt As you feel you need to be Riegle said. Ruder said Sec employees performed Well during the Stock crash and can handle a future crisis. But he said he needed a significant staff increase to make Long Range plans to Cope with volatile Slock Market swings. He said he was concerned that budget reduction talks Between the Reagan administration and congressional leaders will at Best allow us not to improve our staffing during 1988 and at worst Call for a  i think that if that occurs it would simply be a disaster for us he said. The staff of the Sec which regulates the nation Stock and Bond markets has been shrinking in recent years at the same time that Stock trading volume has soared. The staff totalled 1,930 in the fiscal year that ended sept. 30. Reagan s 1988 budget request would provide for a staff of 2,066, and Ruder is seeking an additional 700 employees in 1989. Riegle called previous cutbacks the height of fool  top videos by the associated press the following Are the most popular vide Ocas so tics As they appear in next week s Issue of Bill Board Magazine. Copyright 1987, billboard publications inc. Reprinted with permission. Videocassette sales 1. Lady and the tramp Disney 2. Star trek in the voyage Home Paramount j. 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Black widow lbs Foi video 13. From the hip Lorimar 16. Cree show 2" new world 17. Street smart Media 18. The Hanoi Hilton Warner 19. Ernest goes to Camp Touchstone 20. Evil dead 2 dead by Dawn pcs Iron