News stories from Wednesday June 30, 1982
Summaries of the stories the major media outlets considered to be of particular importance on this date:
- Raymond Donovan was defended by President Reagan at his evening news conference. The President said there was "no substantiation" for any allegation against the Labor Secre-tary and declared he was "sticking with" Mr. Donovan. [New York Times]
- The Columbia astronauts bypassed a defective circuit and switched on electricity for a cluster of the space shuttle's scientific instruments. The clever bit of rewiring, suggested by project engineers and executed with the skill of an auto thief, resembled "hot-wiring" a car to get the motor started without a key. [New York Times]
- The first military signup indictment issued since registration for a possible draft resumed in 1980 was handed up by a federal grand jury in San Diego. The panel charged a college student with evading registration. If convicted, he faces up to five years in prison and a $10,000 fine. [New York Times]
- Several Hinckley case psychiatrists said in Senate panel testimony and in interviews that the law makes it too difficult to keep potentially dangerous people locked in mental institutions after they have been found not guilty of crimes by reason of insanity. The opinion was expressed by a psychiatrist who testified in the defense of John W. Hinckley and one who aided his prosecution. [New York Times]
- The equal rights drive failed as the deadline passed for ratification of the proposed amendment by 38 state legislatures. Proponents were three states short of the goal, which has been sought by feminists since a bill to bar sexual bias was first introduced in Congress 59 years ago. [New York Times]
- The Essex County Medical Examiner's office in New Jersey, which has been accused by the county prosecutor of jeopardizing criminal cases, is no longer independent. Its operations are now entirely controlled by the state medical examiner. In one case, the county office diagnosed pneumonia as the cause of death of a man with four bullets in his skull. [New York Times]
- The President discussed the crisis in Lebanon in greater depth than previously in a televised news conference. Mr. Reagan said his administration had given "no green light whatsoever" to Israel to attack west Beirut, but he endorsed Israel's demand that all Palestinian guerrillas in Lebanon be withdrawn. [New York Times]
- Talks in Beirut made some progress as negotiators for the Lebanese government and the Palestine Liberation Organization sought an agreement on how and when the Palestinians should leave Lebanon. [New York Times]
- The Lebanon peace talks were given more time by Israel's cabinet, government sources said. They said Prime Minister Menachem Begin had decided to give the American envoy, Philip Habib, an additional chance to arrange the departure of Palestinian guerrillas. [New York Times]
- There are two distinct Beiruts, separated by a no man's land called the Green Line. Life in the Christian-controlled east side is relatively normal. But in predominantly-Moslem west Beirut, the streets are filthy and deserted, and the shops are closed amid fears of an Israeli assault to rout the Palestinian guerrillas hidden in buildings and side streets. [New York Times]
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Stock Market Report
Dow Jones Industrial Average: 811.93 (-0.28, -0.03%)
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 29, 1982 | 812.21 | 110.21 | 47.00 |
| June 28, 1982 | 811.93 | 110.26 | 40.70 |
| June 25, 1982 | 803.08 | 109.14 | 38.74 |
| June 24, 1982 | 810.41 | 109.83 | 55.86 |
| June 23, 1982 | 813.77 | 110.14 | 62.70 |
| June 22, 1982 | 799.66 | 108.30 | 55.29 |
| June 21, 1982 | 789.95 | 107.20 | 50.36 |
| June 18, 1982 | 788.62 | 107.28 | 53.80 |
| June 17, 1982 | 791.48 | 107.60 | 49.23 |
| June 16, 1982 | 796.90 | 108.87 | 56.28 |