News stories from Monday June 29, 1970
Summaries of the stories the major media outlets considered to be of particular importance on this date:
- The last American ground troops have left Cambodia, but South Vietnamese and U.S. "advisers" will remain indefinitely. The statistics from the Cambodian operation are impressive, but their meaning is vague. The military is both pleased and frustrated.
Cambodian Premier Lon Nol wants the U.S. back if the military situation worsens.
[CBS] - The Senate will vote on the Cooper-Church amendment soon. Today the Senate clobbered Gordon Allott's amendment for U.S. withdrawal from Indochina. Allott stole the McGovern-Hatfield proposal from the Democrats in a breech of Senate etiquette. Senator George McGovern says that Senators resented Allott's move.
The Cooper-Church amendment is expected to pass.
[CBS] - The Senate voted to destroy the Army's nerve gas in Okinawa, Japan, rather than shipping it back to the United States. [CBS]
- President Nixon met with the Rumanian Foreign Minister at the California White House. They discussed the Rumanian flood disaster and East-West relations.
Secretary of State William Rogers left for his Asian tour.
[CBS] - United Arab Republic President Gamal Abdel Nasser is in Moscow, seeking military aid. [CBS]
- Israel says that it welcomes the U.S. peace initiative, but opposes a 90-day truce as the key point. A truce of that duration would let Egypt install surface-to-air missile sites on the Suez Canal. [CBS]
- Protestant versus Catholic fighting has subsided in Northern Ireland. Bernadette Devlin's arrest for inciting riots last year sparked the new disorders, as young rioters fought British troops. Devlin is serving a six-month sentence and militants vow no peace until she's released from jail. [CBS]
- Bob Hope reported that Honor America Day will be non-political. Hope was in Washington today to survey preparations for the July 4 celebration; 400,000 people are expected to attend. Hope said that he will allow "New Left" entertainers, but no other leftists. [CBS]
- Italian-Americans met in New York City to celebrate Italian-American Unity Day and to protest FBI discrimination. Thousands protested the insinuation that all Italians are in organized crime, and Congressman Mario Biaggi said that Italian-Americans suffer bias from a mythical association with crime. Some Italians picketed New York FBI headquarters. There was some violence and arrests; two policemen were stabbed. [CBS]
- The Indian Claims Commission admitted that the Navajos have an aboriginal title to 30 million acres of Arizona and New Mexico land. The Indians will receive financial compensation at 1868 land value rates. [CBS]
- Although the Salk vaccine nearly wiped out polio 16 years ago, Brownsville, Texas currently has a polio epidemic. Three people have died from the disease, which is believed to be coming from Mexico, and the U.S. Public Health Service has been called in. The population of Brownsville consists largely of Mexican migrants who may be spreading the disease. [CBS]
- Mrs. Nixon viewed the Andes earthquake disaster area in Peru. She brought two planes of supplies and cash for the victims, and vowed more American aid. [CBS]
- Joan Kennedy fears that her husband Ted will be shot like his two brothers; a Ladies' Home Journal interview reported that she and her husband both worry. Mrs. Kennedy believes her husband's story about the Chappaquiddick incident; there is no family pressure for Ted to become President. [CBS]
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Stock Market Report
Dow Jones Industrial Average: 682.91 (-4.93, -0.72%)
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 26, 1970 | 687.84 | 73.47 | 9.16 |
| June 25, 1970 | 693.59 | 74.02 | 8.20 |
| June 24, 1970 | 692.29 | 73.97 | 12.63 |
| June 23, 1970 | 698.11 | 74.76 | 10.79 |
| June 22, 1970 | 716.11 | 76.64 | 8.70 |
| June 19, 1970 | 720.43 | 77.05 | 10.98 |
| June 18, 1970 | 712.69 | 76.51 | 8.87 |
| June 17, 1970 | 704.68 | 76.00 | 9.87 |
| June 16, 1970 | 706.26 | 76.15 | 11.33 |
| June 15, 1970 | 687.36 | 74.38 | 6.92 |