News stories from Monday September 20, 1971
Summaries of the stories the major media outlets considered to be of particular importance on this date:
- Heavy fighting between North and South Vietnamese forces continues in the U Minh Forest in South Vietnam. North Vietnamese forces attacked the base at Tay Ninhe. 2,400 Laotian troops suffered 50% casualties in recapturing Paksane from the Communists.
Guerrillas have sabotaged the civilian fuel supply in Cambodia; the U.S. and South Vietnam are speeding replacement fuel to Phnom Penh.
[CBS] - In a televised speech, President Nguyen Van Thieu explained methods for voting against him in the South Vietnam presidential election. Saigon police occupied a student complex and found TNT, grenades and ammunition. [CBS]
- Senator Edmund Muskie is campaigning in South Carolina. A poll of Democrat voters indicates that Senator Edward Kennedy is favored over Muskie, 24% to 22%. Muskie noted that there will be another poll next month. He also clarified his earlier statement that America is not ready to accept a presidential ticket with a black on it. [CBS]
- The National Women's Political Caucus took issue with the statement that the White House is searching for the best qualified man to succeed Supreme Court Justice Hugo Black. [CBS]
- General George Forsythe is in charge of converting the U.S. to an all-volunteer army; he says that it can't be done by the summer of 1973. [CBS]
- Capt. Hugh Thompson testified that he can't identify Col. Oran Henderson as having been present at My Lai during the 1968 massacre of civilians there. [CBS]
- The San Francisco busing boycott continues. Chinese parents have set up private schools in order to avoid busing; parents hope to get the private schools accredited. [CBS]
- Consumers' representatives will meet with President Nixon tomorrow concerning Phase II of the new economic policy. [CBS]
- Rep. Wright Patman is calling for an investigation of an interest-free government loan which was given to the First National City Bank of New York. [CBS]
- The European Common Market agreed not to retaliate against the 10% U.S. import surcharge. [CBS]
- California Rep. Don Edwards stated that government figures show that drug addicts are being turned away from two hospitals even though those hospitals are only at half capacity. [CBS]
- The Public Health Service is no longer recommending that U.S. citizens be immunized against smallpox; smallpox shots are more dangerous than the disease itself. [CBS]
- The Nixon administration has endorsed legislation to increase penalties for killing eagles. [CBS]
- A group of 1,000 Soviet Jews requested right to emigrate to Israel. [CBS]
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Stock Market Report
Dow Jones Industrial Average: 905.15 (-3.07, -0.34%)
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* |
| September 17, 1971 | 908.22 | 99.96 | 11.02 |
| September 16, 1971 | 903.11 | 99.66 | 10.55 |
| September 15, 1971 | 904.86 | 99.77 | 11.08 |
| September 14, 1971 | 901.65 | 99.34 | 11.41 |
| September 13, 1971 | 909.39 | 100.07 | 10.00 |
| September 10, 1971 | 911.00 | 100.42 | 11.38 |
| September 9, 1971 | 915.89 | 100.80 | 15.79 |
| September 8, 1971 | 920.93 | 101.34 | 14.23 |
| September 7, 1971 | 916.47 | 101.15 | 17.08 |
| September 3, 1971 | 912.75 | 100.69 | 14.04 |