5 U.S. AND CHINA ESTABLISH DIPLOMATIC RELATIONS.
7 FIGHTING ESCALATES IN LEBANON.
9 U.S.S.R. AND VIETNAM SIGN
25 YEAR FRIENDSHIP TREATY.
11 BEGIN AND SADAT AGREE ON MIDEAST PEACE PLAN FRAMEWORK.
13 GUTENBERG BIBLE SELLS FOR $
2 MILLION AT NEW YORK AUCTION.
15 "ANNIE HALL" WINS OSCAR.
17 "SON OF SAM" KILLER SENTENCED TO LIFE IMPRISONMENT.
19 JACK NICKLAUS WINS BRITISH OPEN.
21 CALIFORNIA VOTES TO CUT PROPERTY TAXES
57%.
23 UNEMPLOYMENT DROPS TO
6% LEVEL
; MAY SIGNAL STRONGER THAN EXPECTED ECON. REBOUND
25 FED FUNDS TARGET APPEARS TO HAVE BEEN RAISED TO
8 1/2% FROM
8 1/4%.
27 OPEC PRICE INCREASES SEND DOLLAR REELING.
30 SONGS FROM
"SATURDAY NIGHT FEVER" HIT TOP OF CHARTS.
32 FORMER ITALIAN PREMIER MURDERED BY TERRORISTS.
34 NOBEL PEACE PRIZE TO ISRAELI PREMIER AND EGYPTIAN PRESIDENT.
36 ARAB LEAGUE INTERVENES IN LEBANON.
38 PEACE AND FRIENDSHIP TREATY SIGNED BY CHINA AND JAPAN.
40 SHAH IMPOSES MARTIAL RULE IN IRAN.
42 TEST TUBE BABY BORN IN ENGLAND.
44 DOLLAR FALLS TO NEW LOW.
46 ALI REGAINS HEAVYWEIGHT TITLE THIRD TIME.
48 CHRIS EVERT WINS FOURTH CONSECUTIVE U.S. OPEN.
50 FED WARNS IF SPENDING NOT REDUCED
, IT MAY HAVE TO TAKE RESTRICTIVE ACTIONS
52 RECORD U.S. TRADE DEFICIT CAUSES DOLLAR TO PLUMMET.