Monday October 5, 1970
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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]


Stock Market Report

Dow Jones Industrial Average: 776.70 (+10.54, +1.38%)
S&P Composite: 86.47 (+1.31, +1.54%)
Arms Index: 0.79

IssuesVolume*
Advances1,04714.19
Declines3653.93
Unchanged2251.64
Total Volume19.76
* in millions of shares

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
DateDJIAS&PVolume*
October 2, 1970766.1685.1615.42
October 1, 1970760.6884.329.70
September 30, 1970760.6884.2114.83
September 29, 1970760.8884.3017.88
September 28, 1970758.9783.8614.39
September 25, 1970761.7783.9720.47
September 24, 1970759.3183.9121.34
September 23, 1970754.3882.8316.94
September 22, 1970747.4781.6612.11
September 21, 1970751.9281.9112.54


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