Monday August 27, 1973
. . . where the 1970s live forever!

News stories from Monday August 27, 1973


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

  • A letter bomb exploded today at the British embassy in Washington. A Scotland Yard spokesman warned Britishers to take extreme caution regarding the rash of bombs which have recently been found around London.

    In Washington, Mrs. Nora Murray was seriously injured after opening a letter bomb in the British embassy's office. The Secret Service, FBI agents and explosive experts have joined the investigation. The British embassy's information counsel stated that the letter bomb came from Britain through English army postal channels. The bomb it contained was similar to the ones found in London. State Department spokesman Paul Hare deplored the firebomb action, and apologized to England. [CBS]

  • The White House released an audit with details regarding President Nixon's San Clemente home. An independent accounting firm prepared the audit. One version of the San Clemente real estate purchases was given in 1969 and a conflicting version came out earlier in 1973. Now a third version has been released. Robert Abplanalp's and Bebe Rebozo's parts in financing the San Clemente estate have been confirmed. [CBS]
  • Julie Nixon Eisenhower has staunchly supported her father through all his hardships. She was interviewed by reporters today at San Clemente. A question was asked regarding President Nixon's frustrations and Julie's role in consulting with him. She said that the discusses his frustrations and worries in general with his family in a relaxed atmosphere. Julie was criticized for living in a home owned by Bebe Rebozo, but noted that they pay rent. When asked how much rent they pay, Julie replied that she doesn't believe her family's personal finances need to be publicized. [CBS]
  • Martha Mitchell said she will stand by her husband, former Attorney General John Mitchell, until the Watergate scandal ends. But she may leave her husband after that. [CBS]
  • As fighting surges in Cambodia and South Vietnam, U.S. officials expressed concern over North Vietnam's military actions. The Pentagon released Defense Department photos portraying the North Vietnamese build-up in South Vietnam. Pentagon officials denied that they're laying the groundwork to resume bombing in South Vietnam and Cambodia with Congress's permission. [CBS]
  • A radar navigator was fined $700 and given a reprimand for his actions which led to the mistaken bombing of Neak Luong, Cambodia. [CBS]
  • A Colombian airliner crashed near Bogota airport shortly after takeoff. All persons aboard were killed. [CBS]
  • Gunmen in Stockholm, Sweden, continue to hold hostages for a fifth day in a bank vault. One hostage has been raped and others have had their lives threatened. [CBS]
  • Canadian Prime Minister Trudeau threatened to call in Parliament unless the nationwide rail strike ends soon. [CBS]
  • Court-ordered busing began as public schools opened in Memphis, Tennessee; no incidents occurred. Busing remains an issue all over the South. In Memphis, Reverend W. Wayne Allen prayed for private white Protestant schools. Public school enrollment is down, but Catholic schools don't want to become a haven for those fleeing public schools.

    In Charlotte, North Carolina, the school board used a lottery plan to determine school locations for each student, therefore extensive busing is required. Anti-busing leader Mrs. Ruth Holden said that parents must boycott busing plans. But attempts for a boycott failed as students arrived for the first day of school in normal numbers. [CBS]

  • Clyde Bellecourt, a leader and founder of the American Indian Movement, was shot and wounded on the Sioux reservation by AIM president Carter Camp during an argument. [CBS]
  • Former President Lyndon B. Johnson would have been 65 today. An official LBJ stamp was issued in his honor and the space center in Houston was renamed for him. The former first lady attended the ceremonies. Mrs. Johnson spoke of her husband's desire to further the exploration of space. From space, Skylab astronauts sent best wishes to Mrs. Johnson. [CBS]


Stock Market Report

Dow Jones Industrial Average: 870.71 (+7.22, +0.84%)
S&P Composite: 102.42 (+0.80, +0.79%)
Arms Index: 0.86

IssuesVolume*
Advances7875.15
Declines5633.17
Unchanged3821.42
Total Volume9.74
* 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*
August 24, 1973863.49101.6211.20
August 23, 1973864.46101.9111.39
August 22, 1973851.90100.5310.77
August 21, 1973857.84100.8911.48
August 20, 1973867.40101.618.97
August 17, 1973871.84102.3111.11
August 16, 1973872.74102.2912.99
August 15, 1973874.17103.0112.04
August 14, 1973870.71102.7111.74
August 13, 1973883.20103.7111.33




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