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(Studio) Teacher strikes continue in ten states. No talks set for Chicago or Pennsylvania. No talks in New York City due to Yom Kippur. Part of New York City problem due to economy
REPORTER: Harry Reasoner
(NYC) New York runs city by emergency control board; members cited. [Mayor Abraham BEAME - says he'll manage city.] City gets $2.3 billion until December Money comes from state help, bond sales and city revenue. [President Standard and Poor's Brenton HARRIES - says more strict measures needed like layoffs and cutbacks.] Harries warns that state could get in financial bind.
REPORTER: Lem Tucker
- Reasoner, Harry;
- Tucker, Lem
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