News stories from Friday September 24, 1971
Summaries of the stories the major media outlets considered to be of particular importance on this date:
- Britain has expelled 90 Russian officials and barred 15 others from returning after a Soviet agent defected; Britain charged that all 105 are spies. The defector may have information concerning spies in Washington. [CBS]
- The U.S. was pleased by the United Nations vote to keep the "Two Chinas" proposal on its agenda; the vote was 65-47 with 15 abstentions. Some countries have said that they will switch their votes next month in favor of China, however. [CBS]
- The Soviet news agency reports that serious domestic events are taking place in China. The U.S. reportedly intercepted a secret message from China to its foreign missions earlier in the week, alerting them to prepare for war; "war" doesn't necessarily mean a foreign war, but may reflect an internal power struggle. Chinese militants are reportedly voicing their opposition to easing tensions with America.
The Peking Opera rejected an invitation to tour the United States.
[CBS] - At the SALT talks, agreements have been reached in which the U.S. and USSR will inform each other of accidental or test missile launches, and a satellite hotline will be created. The Senate rejected a proposal by Hubert Humphrey to halt the conversion of missiles to multiple warheads during the SALT talks. [CBS]
- A right-wing student slapped West German Chancellor Willy Brandt in the face; the student was arrested and later released. [CBS]
- Oklahoma Senator Fred Harris declared his candidacy for the Democratic presidential nomination. Harris talked about his father being a small farmer in the worst economy since the Great Depression, and said that a new Populist coalition can move the country toward a better distribution of the good things in society. Harris' wife is a Comanche Indian. [CBS]
- U.S. planes bombed North Vietnam for a third day, and bombed the Ho Chi Minh Trail in Laos. [CBS]
- The Supreme Court issued a revised case schedule following the resignations of two justices; a death penalty case has been dropped. [CBS]
- EPA director William Ruckelshaus announced that the Ford Motor Company has developed an engine to meet pollution standards, however the engine meets standards only when it's brand new; it deteriorates rapidly with use. Gasoline for the engine must be lead-free. A spokesman said that Ford might be able to mass produce the engines for special vehicles by 1976; the engine is just one of four systems that are being experimented with to try to meet pollution requirements. [CBS]
- Israel refused to extend a visa to alleged underworld boss Meyer Lansky; he will be deported Monday if his appeal fails. [CBS]
- In Detroit, a hijacking was thwarted by police and hijacker Barbara Pliskow was arrested in possession of dynamite and a pistol. Wayne County sheriff William Lucas said that passengers got off the plane on the pretext of a mechanical failure and police then got the gun away from Pliskow; she had indicated that she would blow everyone up. A note was found demanding the release of two Black Panther prisoners. [CBS]
- President Nixon met with blinded Indian Vietnam veteran Michael Naranjo on Indian Day today. [CBS]
- Senator Fred Harris' presidential candidacy adds a new dimension to the campaign. Senator George McGovern is running on a platform of moral indignation over the Vietnam war; Senator Harris will run on a platform of outrage about things in general. Harris advocates idealism in foreign relations and amnesty for Vietnam war draft dodgers and deserters. Amnesty merits serious consideration by all candidates. [CBS]
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Stock Market Report
Dow Jones Industrial Average: 889.31 (-1.97, -0.22%)
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 23, 1971 | 891.28 | 98.28 | 13.25 |
| September 22, 1971 | 893.55 | 98.47 | 14.25 |
| September 21, 1971 | 903.40 | 99.34 | 10.64 |
| September 20, 1971 | 905.15 | 99.68 | 9.54 |
| 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 |