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Monday September 8, 1975
. . . where the 1970s live forever!

News stories from Monday September 8, 1975


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

  • Boston's public schools began their court-ordered citywide busing program with attendance down by one-third, but with only scattered incidents of violence. State and federal law enforcement officers, including agents of the Federal Bureau of Investigation, joined Boston police officers to prevent a repetition of the stoning of buses that occurred last year when the city's schools opened under a limited desegregation program. "It was better than last year," an aide to Mayor Kevin White said. [New York Times]
  • The Justice Department said in a brief filed in Federal District Court in Washington that Congress had ample reason to conclude that former President Nixon "would not be a trustworthy custodian, even temporarily", of his presidential papers. The brief upheld the law that placed the Nixon papers under government control. It also cited "what Congress perceived, again quite rationally, as Mr. Nixon's propensity to distort the historical record." [New York Times]
  • Senior Army officials disclosed that LSD was surreptitiously given to soldiers in cocktails in much the same way the Central Intelligence Agency did in an experiment that led to the death of one of its employees. They testified at the start of hearings on drug experimentation in the military forces being held by a House Armed Services subcommittee. They said that both the Army and research institutions working under contract to the Army at times failed to follow "sound ethical principles" in their experiments with hallucinogenic and other drugs involving more than 7,000 persons in the last 25 years. [New York Times]
  • Boris Spassky, the former world chess champion, is testing the Soviet Union's sincerity in fulfilling the spirit as well as the letter of the humanitarian provisions of the Helsinki declaration. The 30,000-word document deals mainly with the inviolability of frontiers and noninterference in internal affairs, but it also contains a few paragraphs inserted at Western insistence, dealing with marriage between citizens of different nations. Mr. Spassky wants to marry a French woman, and he believes Soviet authorities might want to block the marriage. He has cited the Helsinki declaration in his behalf. [New York Times]


Stock Market Report

Dow Jones Industrial Average: 840.11 (+4.14, +0.50%)
S&P Composite: 85.89 (+0.27, +0.32%)
Arms Index: 1.02

IssuesVolume*
Advances6404.70
Declines6594.96
Unchanged4641.84
Total Volume11.50
* 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*
September 5, 1975835.9785.6211.68
September 4, 1975838.3186.2012.81
September 3, 1975832.2986.0312.26
September 2, 1975823.5985.4811.46
August 29, 1975835.3486.8815.48
August 28, 1975829.4786.4014.53
August 27, 1975807.0284.4311.11
August 26, 1975803.1183.9611.35
August 25, 1975812.3485.0611.25
August 22, 1975804.7684.2813.05


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