News stories from Monday September 22, 1980
Summaries of the stories the major media outlets considered to be of particular importance on this date:
- The Reagan and Anderson campaigns were buoyed by the first presidential debate. Ronald Reagan seemed in no hurry to respond to pressure from the Carter campaign for a two-man debate with the President, and John Anderson said he had a "good feeling" about his showing and predicted that voters would "rebuke" Mr. Carter for not participating. [New York Times]
- President Carter sought unity among Democrats in his first fall campaign visit to California. He was joined by two former opponents in the primaries, Gov. Jerry Brown and Senator Edward Kennedy. [New York Times]
- Bert Lance replied in writing to more than 300 questions from Senate investigators, but the answers apparently did not advance the Senate's inquiry into Billy Carter's dealings with Libya. The questions and replies were made public by Mr. Lance, the former federal budget director. [New York Times]
- A nuclear warhead was transported without incident from a missile site in Damascus, Ark., to an Air Force base 60 miles away. A military official said that the warhead suffered a few dents from being ejected from a Titan 2 missile that exploded Friday, but that there was no radiation leakage. The blast killed one airman, injured 21 servicemen and led to the evacuation of about 1,400 nearby residents. [New York Times]
- The Air Force is losing key personnel in record numbers, mostly to civilian companies that pay double or triple military salaries. In addition to the exodus of pilots, navigators and skilled technicians, the service is plagued with shortages of parts and aging equipment. The situation has generated anxiety and dismay among officials over the ability of the Air Force to fight a major, protracted war. [New York Times]
- A tampon was voluntarily recalled by the Procter & Gamble Company. The manufacturer acted because federal government studies have concluded that use of the Rely tampon apparently increases the risk of developing a serious and sometimes fatal disorder called toxic shock syndrome. [New York Times]
- Telephone numbers are running out in New York City, and to solve the problem, beginning Nov. 22 telephone users calling outside the city will have to dial the number 1 before dialing the area code and telephone number they want. The new system will make available 1.5 million more numbers to handle growth for the next 25 years. [New York Times]
- Iraqi jets attacked 10 Iranian air bases, including Teheran's airport, as the border conflict between the two oil-producing countries intensified. Iraq said that its forces had downed six Iranian planes and acknowledged the loss of two. Iran said it had lost five aircraft and that Iraq had lost 10 fighters and a bomber. [New York Times]
- Concern over the Iraqi-Iranian confict was expressed by United States officials. They said they feared that the widening hostilities could lead to further fragmentation of Iran, create increased opportunities for Soviet encroachment in the Persian Gulf region and further delay a settlement of the hostage crisis.
A vow not to interfere in Iran's affairs was renewed by Secretary of State Muskie in the United Nations General Assembly. He made a similar appeal last month in a letter to Iran's new Prime Minister, who made the letter public and suggested that the release of the American hostages was contingent on Washington's "repentance" for "satanic acts" against Teheran.
[New York Times] - The unmasking of a U.S. spy in Moscow is the subject of an inquiry begun by the staff of the Senate Intelligence Committee. The identity of a Soviet official serving as an American agent was allegedly exposed by accident. As a result, the spy was said to have been arrested and killed. [New York Times]
- Restored rail links with Berlin for pas-sengers were agreed to by striking West Berlin workers of the East German railway network. But they vowed to continue to halt all freight traffic between West Berlin and West Germany until the city and the Western Allies begin negotiations to take over the railway's West Berlin operation from its East German management. [New York Times]
- Alexander the Great was an alcoholic, according to a new interpretation of the behavior of the conquerer of most of the known world of the Fourth Century B.C. His short life (32 years) and erratic behavior have long fascinated and baffled historians. [New York Times]
- A major sunken treasure including $3.7 billion in gold and platinum is about to be recovered, according to officials of a Japanese salvage company. They said the treasure was aboard a czarist cruiser that was sunk off a Japanese is-land in 1905 during a major battle in the Russo-Japanese War. [New York Times]
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Stock Market Report
Dow Jones Industrial Average: 974.57 (+10.83, +1.12%)
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 19, 1980 | 963.74 | 129.25 | 53.74 |
| September 18, 1980 | 956.48 | 128.40 | 63.39 |
| September 17, 1980 | 961.26 | 128.87 | 63.99 |
| September 16, 1980 | 945.90 | 126.74 | 57.28 |
| September 15, 1980 | 937.63 | 125.67 | 44.63 |
| September 12, 1980 | 936.52 | 125.54 | 47.18 |
| September 11, 1980 | 941.30 | 125.66 | 44.77 |
| September 10, 1980 | 938.48 | 124.81 | 51.45 |
| September 9, 1980 | 934.73 | 124.07 | 44.46 |
| September 8, 1980 | 928.58 | 123.31 | 42.04 |