News stories from Thursday June 11, 1970
Summaries of the stories the major media outlets considered to be of particular importance on this date:
- The Senate defeated the Byrd amendment to the Cooper-Church bill. Doves back Cooper-Church, and passage of the Byrd amendment would have gutted it; the vote was 52-47. Byrd's defeat is only a psychological win for the doves, however. [CBS]
- Communist forces have taken the Angkor Wat temple area in Cambodia. [CBS]
- Communists in South Vietnam massacred villagers south of Danang; 100 civilians were killed and 80 wounded. [CBS]
- Russia has increased its military aid to North Vietnam. [CBS]
- King Hussein of Jordan fired his top military advisers and has taken command of the army; guerrillas demanded the change. Arabs are still holding foreign reporters hostage. [CBS]
- The last Americans have left Wheelus AFB in Libya, the base in now in the hands of the leftist military government. This was the last U.S. outpost in North Africa. [CBS]
- Ousted education commissioner James Allen claims that no reason for his dismissal was ever given; he disagrees with the administration's policies on desegregation and Cambodia. Allen was clearly fired because of his dissent; he wanted change within the system. [CBS]
- The Senate began proceedings to confirm Elliot Richardson as Secretary of Health, Education and Welfare. [CBS]
- President Nixon has asked Congress to cancel 20 offshore oil leases near Santa Barbara, California, and to create a federal marine sanctuary. [CBS]
- President Nixon is prodding Congress to take action on anti-crime legislation, telling federal attorneys that he wants anti-crime bills to be passed quickly and noting that crime is a bipartisan problem. Vice President Spiro Agnew stated that he wants Congress to take anti-crime action, and denounced Senator Fulbright.
House Judiciary Committee chairman Emanuel Celler says that the President's anti-crime bills are full of constitutional holes.
[CBS] - 35 of 46 alleged Cosa Nostra members were indicted for not testifying before a New York grand jury investigating organized crime in legitimate business; others are being sought. [CBS]
- The Army is investigating whether the Ku Klux Klan is operating on a West German base; harassment of blacks in the 14th Armored Cavalry is suspected. [CBS]
- A House subcommittee has created a federal agency responsible to Congress for consumer protection; President Nixon opposes the committee. [CBS]
- An Illinois railroad and the AFL-CIO have agreed to remove restrictive job rules; trains can now cross state lines without crew changes. [CBS]
- Former Soviet Prime Minister Alexander Kerensky has died at the age of 89; he fled Russia in 1917 and opposed the Communist regime. [CBS]
- Argentine kidnappers killed former President Pedro Aramburu in retaliation for the executions of 26 Peronistas. [CBS]
- Today was Ladies' Day at the Pentagon, as Women's Army Corps colonels Anna Mae Hays and Elizabeth Hoisington are now officially generals; General William Westmoreland started a new protocol of kissing lady generals. [CBS]
- Senator Edward Kennedy announced that he will run for re-election to the Senate, but won't try for the presidency in 1972. [CBS]
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Stock Market Report
Dow Jones Industrial Average: 684.42 (-9.93, -1.43%)
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* |
| June 10, 1970 | 694.35 | 75.48 | 7.24 |
| June 9, 1970 | 700.16 | 76.25 | 7.05 |
| June 8, 1970 | 700.23 | 76.29 | 8.04 |
| June 5, 1970 | 695.03 | 76.17 | 12.45 |
| June 4, 1970 | 706.53 | 77.36 | 14.38 |
| June 3, 1970 | 713.86 | 78.52 | 16.60 |
| June 2, 1970 | 709.61 | 77.84 | 13.48 |
| June 1, 1970 | 710.36 | 77.84 | 15.02 |
| May 29, 1970 | 700.44 | 76.55 | 14.63 |
| May 28, 1970 | 684.15 | 74.61 | 18.91 |