News stories from Friday February 13, 1970
Summaries of the stories the major media outlets considered to be of particular importance on this date:
- The "Chicago 7" trial has been going on for 20 weeks and was finally completed today. Only Judge Julius Hoffman's instructions to the jury remain before deliberation begins. Defense attorney William Kunstler accused government informers of distorting the defendants' statements. Thomas Foran summed up the government's case, saying that the violence of the defendants renounces the experience of our forefathers. The jury will be asked this weekend to decide the innocence or guilt of the seven defendants who are accused of conspiring to incite riots at the 1968 Democratic National Convention. [CBS]
- The United Nations acknowledged that the Mideast cease-fire no longer exists. The U.S. State Department informed the Israeli ambassador of its concern over the bombing of an Egyptian factory yesterday. The incident could affect Israel's request for more jets. [CBS]
- In Danbury, Connecticut, bandits stole $75,000 from the Union Savings Bank, exploding three bombs as a diversion for the robbery; 22 people were hurt. [CBS]
- In Berkeley, bombs exploded near a police station. Two policemen were hurt and the courthouse was damaged. Two blasts destroyed a police car; one of the bombs was of a fragmentation type, designed to kill and severely injure. Suspects have been questioned. [CBS]
- Oil spills were reported in Tampa Bay after a Greek tanker ran aground and left 25 square miles of oil slick. Nova Scotia fisheries are being threatened by a sunken Liberian tanker. Oil is expected in the Gulf of Mexico once the Chevron oil well fire is put out. [CBS]
- Government indicators show an economic slowdown. Personal income was up but it was the smallest advance in almost two years. The Federal Reserve says that industrial production is down. [CBS]
- Critics of G. Harrold Carswell's Supreme Court nomination got new ammunition today. A Florida newspaper reported that a 1966 property sale by Carswell had a provision that only whites could use or own the property. The man who wrote the deed said the restriction was put in at the request of the purchasers, not the Carswells. [CBS]
- The Attorney Generals of Louisiana, Alabama, and Mississippi say that the Pasadena, California, desegregation plan for the fall does not take effect soon enough. They want uniform standards of enforcement all over the country, not just in the South.
A federal judge set an open hearing on Pasadena's integration plan for March 4. The Department of Health, Education and Welfare remains opposed to the anti-busing amendment currently before the House. Rules Committee chairman William Colmer has asked Welfare Secretary James Finch to clarify the agency's school desegregation policy.
[CBS] - Defense Secretary Melvin Laird ended his Vietnam tour and said that progress has been made in "Vietnamization" though the enemy is still a threat. Communists shelled Hue and shot down two more U.S. helicopters today. Washington is concerned over the enemy offensive in Laos and the North Vietnamese troop buildup for a major effort on the Plain of Jarres. [CBS]
- Capt. Thomas Willingham was charged in the My Lai killings; he is accused of killing 20 Vietnamese civilians. [CBS]
- The federal government gave its first award designed to encourage the development of new cities. The award of up to $21 million went to a development corporation for planning a new city near Minneapolis called "Jonathan." [CBS]
- The National Communicable Disease Center confirmed cases of influenza in 45 states. The flu has hit harder than expected, but less than last year. [CBS]
- Wall Street lawyer Theodore Donson was identified as the man selling four letters by Jacqueline Onassis which were stolen from Roswell Gilpatric's file. [CBS]
- The F.D.A. warned that Mexican pottery could cause lead poisoning and should be used as ornaments only. [CBS]
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Stock Market Report
Dow Jones Industrial Average: 753.30 (-2.31, -0.31%)
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* |
| February 12, 1970 | 755.61 | 86.73 | 10.01 |
| February 11, 1970 | 757.33 | 86.94 | 12.26 |
| February 10, 1970 | 746.63 | 86.10 | 10.11 |
| February 9, 1970 | 755.68 | 87.01 | 10.83 |
| February 6, 1970 | 752.77 | 86.33 | 10.15 |
| February 5, 1970 | 750.26 | 85.99 | 9.43 |
| February 4, 1970 | 754.49 | 86.24 | 11.04 |
| February 3, 1970 | 757.46 | 86.77 | 16.05 |
| February 2, 1970 | 746.44 | 85.75 | 13.44 |
| January 30, 1970 | 744.06 | 85.02 | 12.32 |