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Tuesday November 3, 1970
. . . where the 1970s live forever!

News stories from Tuesday November 3, 1970


Summaries of the stories the major media outlets considered to be of particular importance on this date:

  • Voter turnout has been heavier than expected. In the New York Senate race, President Nixon wants Republican Senator Charles Goodell out and conservative James Buckley in. Tennessee Senator Albert Gore currently trails Rep. William Brock; Gore is losing usually Democratic areas. Nixon-backed Richard Roudebush leads Senator Vance Hartke in Indiana, but Senator Ralph Smith trails Adlai Stevenson III in Illinois. Rep. John Tunney may unseat Senator George Murphy in California. [CBS]
  • The U.S. will give helicopters and planes to South Vietnam to increase "Vietnamization." [CBS]
  • South Vietnam President Nguyen Van Thieu may not run in the next election. Today, South Vietnam remembered former President Ngo Dinh Diem. Vietnam honored the ousted and murdered Diem at a cemetery in Saigon. Diem's supporters are right-wingers who want a military victory over the Communists. [CBS]
  • 18 countries introduced a resolution to let Red China into the United Nations. [CBS]
  • The U.S. and USSR are reducing the sizes of their Mediterranean naval fleets. [CBS]
  • U.S. diplomats met with the two American generals being held in the USSR. There was no word on obtaining their release. [CBS]
  • Marxist Salvador Allende was inaugurated as President of Chile. [CBS]
  • Funerals began for the victims of the dance hall fire in St. Laurent DuPont, France; 120 of the 144 victims have been identified. A mass service was held in the traditions of several religions. [CBS]
  • Officials in Pakistan reported that a Moslem fanatic will face murder changes for trying to run down the president of Poland; four people were killed in the attempt. [CBS]
  • Actress Jane Fonda was arrested for smuggling tranquilizers and diet pills into the United States from Canada. [CBS]
  • A 747 jet returned to San Francisco after a wheel fell off while in flight; the plane made a safe landing. [CBS]
  • A federal judge lifted the ban on comment by indicted Kent State University offenders. An FBI report says that the National Guardsmen didn't think their lives were in danger. Guard chaplain John Simons witnessed the shootings. Simons said that the Guard should have waited for reserves and that they shot to kill; he called the incident a blow against democracy. [CBS]
  • More election returns: with 13% of the vote counted in Tennessee, Rep. Bill Brock still leads Albert Gore for Senate; Winfield Dunn leads John Jay Hooker for Governor. [CBS]


Stock Market Report

Dow Jones Industrial Average: 768.07 (+10.06, +1.33%)
S&P Composite: 84.22 (+0.71, +0.85%)
Arms Index: 1.07

IssuesVolume*
Advances9247.32
Declines3853.26
Unchanged2761.18
Total Volume11.76
* 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*
November 2, 1970758.0183.519.47
October 30, 1970755.6183.2510.52
October 29, 1970753.5683.3610.44
October 28, 1970755.9683.4310.66
October 27, 1970754.4583.129.68
October 26, 1970756.4383.319.20
October 23, 1970759.3883.7710.27
October 22, 1970757.8783.289.00
October 21, 1970759.6583.6611.33
October 20, 1970758.8383.6410.63


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