Monday September 20, 1971
. . . where the 1970s live forever!

News stories from Monday September 20, 1971


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

  • Heavy fighting between North and South Vietnamese forces continues in the U Minh Forest in South Vietnam. North Vietnamese forces attacked the base at Tay Ninhe. 2,400 Laotian troops suffered 50% casualties in recapturing Paksane from the Communists.

    Guerrillas have sabotaged the civilian fuel supply in Cambodia; the U.S. and South Vietnam are speeding replacement fuel to Phnom Penh. [CBS]

  • In a televised speech, President Nguyen Van Thieu explained methods for voting against him in the South Vietnam presidential election. Saigon police occupied a student complex and found TNT, grenades and ammunition. [CBS]
  • Senator Edmund Muskie is campaigning in South Carolina. A poll of Democrat voters indicates that Senator Edward Kennedy is favored over Muskie, 24% to 22%. Muskie noted that there will be another poll next month. He also clarified his earlier statement that America is not ready to accept a presidential ticket with a black on it. [CBS]
  • The National Women's Political Caucus took issue with the statement that the White House is searching for the best qualified man to succeed Supreme Court Justice Hugo Black. [CBS]
  • General George Forsythe is in charge of converting the U.S. to an all-volunteer army; he says that it can't be done by the summer of 1973. [CBS]
  • Capt. Hugh Thompson testified that he can't identify Col. Oran Henderson as having been present at My Lai during the 1968 massacre of civilians there. [CBS]
  • The San Francisco busing boycott continues. Chinese parents have set up private schools in order to avoid busing; parents hope to get the private schools accredited. [CBS]
  • Consumers' representatives will meet with President Nixon tomorrow concerning Phase II of the new economic policy. [CBS]
  • Rep. Wright Patman is calling for an investigation of an interest-free government loan which was given to the First National City Bank of New York. [CBS]
  • The European Common Market agreed not to retaliate against the 10% U.S. import surcharge. [CBS]
  • California Rep. Don Edwards stated that government figures show that drug addicts are being turned away from two hospitals even though those hospitals are only at half capacity. [CBS]
  • The Public Health Service is no longer recommending that U.S. citizens be immunized against smallpox; smallpox shots are more dangerous than the disease itself. [CBS]
  • The Nixon administration has endorsed legislation to increase penalties for killing eagles. [CBS]
  • A group of 1,000 Soviet Jews requested right to emigrate to Israel. [CBS]


Stock Market Report

Dow Jones Industrial Average: 905.15 (-3.07, -0.34%)
S&P Composite: 99.68 (-0.28, -0.28%)
Arms Index: 1.01

IssuesVolume*
Advances4853.00
Declines8415.28
Unchanged3141.27
Total Volume9.55
* 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 17, 1971908.2299.9611.02
September 16, 1971903.1199.6610.55
September 15, 1971904.8699.7711.08
September 14, 1971901.6599.3411.41
September 13, 1971909.39100.0710.00
September 10, 1971911.00100.4211.38
September 9, 1971915.89100.8015.79
September 8, 1971920.93101.3414.23
September 7, 1971916.47101.1517.08
September 3, 1971912.75100.6914.04


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