News stories from Monday October 5, 1970
Summaries of the stories the major media outlets considered to be of particular importance on this date:
- President Nixon's European trip has ended. In Dublin, Ireland, a man threw eggs at the President's car, but most people were friendly. [CBS]
- Cambodia declared itself a republic, ending the monarchy; Communists cut four roads. [CBS]
- Pentagon plans call for fewer than 50,000 Americans to be in Vietnam by mid-1972. [CBS]
- The United Arab Republic executive committee recommended Vice President Anwar Sadat for President. [CBS]
- Palestinian guerrillas charged that the Jordanian Army attacked them and violated the truce. [CBS]
- Lebanon is trying to keep Palestinians from entering the country; guerrillas held two officers hostage, then released them and flew out of Lebanon. [CBS]
- British attache James Cross has been kidnapped in Quebec by French separatists. [CBS]
- Bolivian President Alfredo Ovando Candia met with an Army commander to try to avoid a coup d'etat. [CBS]
- Attorney General John Mitchell defended government wiretaps. [CBS]
- New York City prisons are overcrowded; bail is high. Five prison revolts are ongoing. Prisoners in the Tombs released hostages. Newspaper reporters stated that Queens House of Detention inmates were beaten by police after they surrendered. [CBS]
- A police statue in Chicago which was bombed one year ago was bombed again today; revolutionaries are blamed. Mayor Richard Daley says that the will rebuild the statue again. [CBS]
- A narcotics overdose has killed singer Janis Joplin at the age of 27. [CBS]
- The death toll in the Colorado plane crash is now 30. In Wichita, Kansas, memorial services were held for the victims.
One pilot of the crashed plane was unlicensed; the Federal Aviation Administration is warning universities to check charter companies before leasing planes.
[CBS] - Vice President Spiro Agnew campaigned against Republican Senator Charles Goodell in New York, speaking at a fundraising lunch for Conservative Party candidate James Buckley. [CBS]
- The Senate killed the electoral reform bill. [CBS]
- Secret Senate testimony shows that the U.S. may have nuclear arms in Greece and Turkey. [CBS]
- Defendants in the Sharon Tate-Leno LaBianca murder case disrupted the trial today. Charles Manson threatened the judge and attacked him; he and three girls were removed from the court. [CBS]
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Stock Market Report
Dow Jones Industrial Average: 776.70 (+10.54, +1.38%)
Arms Index is the ratio of volume per declining issue to volume per advancing issue; a figure below 1.0 is bullish. | |||||||||||||||
| Market Index Trends | |||
|---|---|---|---|
| Date | DJIA | S&P | Volume* |
| October 2, 1970 | 766.16 | 85.16 | 15.42 |
| October 1, 1970 | 760.68 | 84.32 | 9.70 |
| September 30, 1970 | 760.68 | 84.21 | 14.83 |
| September 29, 1970 | 760.88 | 84.30 | 17.88 |
| September 28, 1970 | 758.97 | 83.86 | 14.39 |
| September 25, 1970 | 761.77 | 83.97 | 20.47 |
| September 24, 1970 | 759.31 | 83.91 | 21.34 |
| September 23, 1970 | 754.38 | 82.83 | 16.94 |
| September 22, 1970 | 747.47 | 81.66 | 12.11 |
| September 21, 1970 | 751.92 | 81.91 | 12.54 |