News stories from Thursday November 29, 1979
Summaries of the stories the major media outlets considered to be of particular importance on this date:
- The Shah will not be readmitted to Mexico, the government announced unexpectedly. It said that a return by the deposed Iranian ruler, who is in a New York hospital, would be contrary to the "vital interests" of Mexico. He had been expected to return there soon. [New York Times]
- Washington asked the World Court to order the release of the American hostages in Teheran. There was no expectation that Ayatollah Khomeini would be any more receptive to the International Court of Justice than he has been to diplomatic efforts, but Washington officials said it was vital to exhaust all peaceful approaches in seeking freedom for the captives. [New York Times]
- Two Iranians holding Americans captive in the embassy in Teheran praised the joining of religion and politics in revolutionary Iran. Giving answers they had prepared in committee to written questions, they said that "colonialists, by making a nation accept Western and American values, make it submit to their domination." [New York Times]
- A freeze on new nuclear plants was rejected by the House, by a vote of 254 to 135. The proposal to impose a six-month moratorium on the construction of new reactors, supporters argued, would give the Nuclear Regulatory Commission a chance to concentrate on improving the safety of existing reactors. A leading opponent said the vote indicated Congress' "strong inclination to move forward aggressively with our nuclear energy program." [New York Times]
- Allegations of cocaine use against Hamilton Jordan, the White House chief of staff, will be investigated by an independent special prosecutor who was appointed by a special panel of three federal judges. The panel chose Arthur Christy, a Republican and former United States Attorney in New York, to take over an inquiry begun three months ago by the Justice Department. [New York Times]
- Allegations against Boston University for violations of academic freedom were made in a report by the Civil Liberties Union of Massachusetts. Earlier this month, more than 600 faculty members at the university and other leading Boston-area universities urged the ouster of the Boston University president, Dr. John Silber, after he dismissed five tenured faculty members. The university is torn by dissension and bitterness over him. [New York Times]
- The key school desegregation ruling, handed down by the Supreme Court in 1954, was reopened by a federal judge in Topeka, Kan., at the request of black parents. They contend that new intervention is necessary to force the Topeka school board to improve racial balance. About 24 percent of the city's pupils are members of minority groups, but the parents cited data showing that some schools had 70 percent minority enrollments. [New York Times]
- Senators were warned to beware of possible attacks by religious zealots and nationalist terrorists. [New York Times]
- Assuring a full 1980 census count in New York City is the aim of extraordinary steps to prevent a sizable undercount. Such an undercount could deprive the city of government aid and cut its representation in Congress and the legislature. The program will include the hiring of non-citizens as enumerators and provide that welfare recipients be paid for census work without having their aid reduced. [New York Times]
- The seizure of Mecca's Grand Mosque was carried out Nov. 20 by 1,000 armed Moslem extremists demanding the overthrow of the Saudi government for what they termed its deviation from strict Islamic teachings, according to Arab sources in Paris. [New York Times]
- Reduced Washington ties with Chile have been decided on by President Carter in retaliation for Chile's refusal to extradite three former secret police officers to face trial for murder in Washington, according to administration officials. The cutback in diplomatic, military and economic links stems from the slaying of a Chilean exile leader and an American. [New York Times]
- A cease-fire in Zimbabwe Rhodesia may be agreed on soon, according to Joshua Nkomo, one of the two leaders of the Patriotic Front guerrilla alliance. His hopeful assessment was made in response to new concessions advanced by Britain. [New York Times]
- The arms treaty is strongly opposed in a draft report by the Senate Armed Services Committee. The committee, whose jurisdiction is being questioned by treaty supporters, recommends "major changes" in the pact and asserts that it cannot be said to be even "adequately verifiable." [New York Times]
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Stock Market Report
Dow Jones Industrial Average: 831.74 (+1.28, +0.15%)
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 28, 1979 | 830.46 | 106.77 | 39.69 |
| November 27, 1979 | 825.85 | 106.38 | 45.14 |
| November 26, 1979 | 828.75 | 106.80 | 47.94 |
| November 23, 1979 | 811.77 | 104.67 | 23.30 |
| November 21, 1979 | 807.42 | 103.89 | 37.02 |
| November 20, 1979 | 809.22 | 103.69 | 35.01 |
| November 19, 1979 | 815.27 | 104.23 | 33.09 |
| November 16, 1979 | 815.70 | 103.79 | 30.06 |
| November 15, 1979 | 821.33 | 104.13 | 32.37 |
| November 14, 1979 | 816.55 | 103.39 | 30.95 |