News stories from Wednesday November 4, 1970

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

Democrats have held on to control of Congress. Republicans lost less than usual in the House and gained in the Senate, while Democrats gained governorships in major states. The Indiana Senate race is too close to call, with Senator Vance Hartke and challenger Richard Roudebush just a few hundred votes apart. Ballot boxes have been impounded and a recount is certain.Republicans won 11 Senate seats, Democrats 21; Democrat Senators Albert Gore and Joseph Tydings were unseated; also Republicans George Murphy, Charles Goodell and Ralph Smith. Republicans won 178 House seats, Democrats 255. Democrats won 20 governor seats, Republicans 12. Conservative James Buckley won the New York Senate seat and Governor Ronald Reagan was re-elected in California. Overall, the Nixon-Agnew campaign doesn't seem to have been as effective as they'd hoped. [CBS] Kansas rejected a measure to sell whiskey by the drink, but Texas approved one. Washington voters defeated a bill to forbid disposable cans and bottles and five states lowered their voting age. [CBS] President Nixon claimed an ideological victory in the Senate; Republicans are better off in the Senate, but still outnumbered. Democrats resent the administration's campaign blitz. [CBS] Curt Flood said that he will play for the Washington Senators next year. Flood had challenged baseball's contract provision which lets a team trade a player without his consent. [CBS] Jane Fonda pleaded innocent to kicking a policeman after being arrested for smuggling drugs from Canada. [CBS] Angela Davis won her bid to avoid solitary confinement, and won't be isolated from other prisoners while awaiting extradition from New York. [CBS] The United Nations approved a 90-day extension to the Mideast cease-fire. The U.S. and Israel say that the resolution is pro-Arab, and they want United Arab Republic missiles to be moved back before the cease-fire is extended. [CBS] Marine Sgt. Jon Sweeney is being charged with desertion and aiding the enemy in Vietnam. He fled to Sweden after deserting, but has returned. Sweeney says that his commander shot at him and left him to die. He was later found by the Viet Cong and made propaganda broadcasts for them. [CBS] The writings of criminologist Thomas Stowell hint that Jack the Ripper was actually Edward, Duke of Clarence, a great uncle of Queen Elizabeth. [CBS]

Stock Market Report

Dow Jones Industrial Average: 770.81 (+2.74, +0.36%)
S&P Composite: 84.39 (+0.17, +0.20%)
Arms Index: 1.00

	Issues	Volume*
Advances	707	5.78
Declines	597	4.88
Unchanged	284	1.53
Total Volume		12.19

* 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
Date	DJIA	S&P	Volume*
November 3, 1970	768.07	84.22	11.76
November 2, 1970	758.01	83.51	9.47
October 30, 1970	755.61	83.25	10.52
October 29, 1970	753.56	83.36	10.44
October 28, 1970	755.96	83.43	10.66
October 27, 1970	754.45	83.12	9.68
October 26, 1970	756.43	83.31	9.20
October 23, 1970	759.38	83.77	10.27
October 22, 1970	757.87	83.28	9.00
October 21, 1970	759.65	83.66	11.33