News stories from Monday August 10, 1970
Summaries of the stories the major media outlets considered to be of particular importance on this date:
- The House passed has the Women's Rights Amendment. Rep. Martha Griffiths says that bill protects women from government discrimination, but Rep. Emanuel Celler thinks that the amendment will hurt women more than help them. Senate approval is likely; the bill was pigeonholed in the House Judiciary Committee for 47 years.
Two-thirds of the Senate and ¾ of the states must ratify the amendment; its passage will make women subject to the military draft and making alimony payments, among other provisions.
[CBS] - Senator Mike Mansfield stated that he wants better protection for American embassy officials overseas. Daniel Mitrione, a U.S. political adviser to Uruguay, was killed by leftist guerrillas yesterday, and American agriculture expert Claude Fly and a Brazilian diplomat are still being held by the terrorists in Uruguay. [CBS]
- A plane crash in Peru has killed 99 people, including 39 American students. [CBS]
- South Vietnamese troops fought Communists in the A Shau Valley; there were heavy casualties. [CBS]
- An Atlanta federal court ruled that military courts, rather than civilian courts, have jurisdiction over My Lai defendants. [CBS]
- The Mideast truce is being honored on the Suez Canal; Israelis and Arab guerrillas exchanged fire over the Jordan River today. United Arab Republic troops are pessimistic about the cease-fire and don't trust the Israelis. [CBS]
- Greece announced that it will release 500 political prisoners. [CBS]
- Attorney General John Mitchell reported that the Justice Department will continue to subpoena news reporters for information. Mitchell also vowed that dual Southern school systems will be unified by fall, with no massive federal intervention. [CBS]
- The judge in the Manson family murder trial has granted Linda Kasabian immunity from prosecution for testifying against Charles Manson; she'll stay in jail for protection until her testimony is finished. [CBS]
- Army nerve gas is moving by rail from Alabama to the east coast. Security and safety precautions are intense. The trains are heading for North Carolina to dump rockets in the Atlantic Ocean; people along the route are generally unconcerned. [CBS]
- At their national meeting in Missouri, U.S. governors rejected a proposal to divert federal highway funds into mass transit. Many governors skipped the meeting or left early; no controversial issues were raised. Michigan Governor William Milliken stated that pollution knows no political boundaries and the U.S. needs a need broad-based attack on pollution. [CBS]
- An Eastern Air Lines plane landed after a stewardess overheard a passenger say that it might wind up in Cuba; the man turned out to be unarmed, but possessed marijuana. [CBS]
- The Environmental Quality Council released its first annual report. President Nixon sent the report to Congress and called for national action. The report covers water and air pollution control recommendations and solid waste disposal plans.
Biologist Paul Ehrlich called the report "incompetent," and said that more research is needed.
[CBS]
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Stock Market Report
Dow Jones Industrial Average: 713.92 (-11.78, -1.62%)
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* |
| August 7, 1970 | 725.70 | 77.28 | 9.37 |
| August 6, 1970 | 722.82 | 77.08 | 7.56 |
| August 5, 1970 | 724.81 | 77.18 | 7.66 |
| August 4, 1970 | 725.90 | 77.19 | 8.31 |
| August 3, 1970 | 722.96 | 77.02 | 7.65 |
| July 31, 1970 | 734.12 | 78.05 | 11.64 |
| July 30, 1970 | 734.73 | 78.07 | 10.43 |
| July 29, 1970 | 735.56 | 78.04 | 12.58 |
| July 28, 1970 | 731.45 | 77.77 | 9.04 |
| July 27, 1970 | 730.08 | 77.65 | 7.46 |