nsadmin is invoking nsd from /usr/local/aolserver. The LD_LIBRARY_PATH is /usr/local/pgsql/lib. Had already used -ft switches. Sorry didn't mention it.
Permissions for /usr/local/pgsql/lib (40755):
. rwx for owner
. rx for group
. rx for others
World readable and writable so all should be well.
This is my first OpenACS install, using v3.5.6. Thought I'd stay away from latest version to make things easier. <g>
Best course is to remove current installation, download the pre-patched sources and try again.