[Still a Nazi shithead.]
Kurt Waldheim was inaugurated today for a six-year term as Austria’s President in a solemn session in Parliament, while artists and intellectuals staged mocking street protests against his elevation to the largely ceremonial post. In a speech after taking the oath, Mr. Waldheim, a former Secretary General of the United Nations, avoided mention of the dispute over his World War II service in the German Army, which has dominated Austrian public life for four months. Mr. Waldheim, who 67 years old, recalled “the horror of the Holocaust” and vowed to combat ethnic and religious bigotry in Austria. “It must be our daily renewed resolve that every one of our citizens, whatever his race, belief or conviction, should be considered and be treated as a brother or sister,” he said.
Turkish Cypriot officials said they will allow U.N. relief supplies to be delivered for the first time since Friday, when they closed crossing points with the Greek Cypriot side of the island. They said two trucks will take money, foodstuffs and liquid cooking gas to ethnic Greeks who have remained in northeast Cyprus since Turkey’s 1974 military intervention divided the island. The Turkish Cypriots, who control the northern third of the island, closed the border to protest U.N. criticism of a visit by Turkish Prime Minister Turgut Ozal last week.
Mikhail S. Gorbachev and Francois Mitterrand met today and concluded that prospects for a Soviet-American summit meeting were favorable despite continued differences over nuclear weapons, a Soviet official said. A Soviet Foreign Ministry spokesman, Gennady Gerasimov, said the Soviet and French leaders met for more than five hours for talks centering on East-West relations and nuclear arms control. The official press agency Tass said, “The two leaders thoroughly analyzed the international situation, which is worrying, primarily because of the lack of progress toward ending the arms race.” Mr. Gerasimov said, however, that the outlook was “favorable” that the United States and Soviet Union would be able to agree on a date for a second summit meeting. Mr. Mitterrand arrived in Moscow Monday for a four-day visit.
Twelve people were arrested today after they staged a demonstration outside a prison in the southwest city of Wroclaw for the release of political prisoners. Dissident sources said the 12 arrested in Wroclaw included seven activists of the outlawed Solidarity union and five others. The arrests coincided with a joint appeals for the release of political prisoners by 530 intellectuals, including prominent dissidents such as Jacek Kuron, Marian Jurczyk and a former chairman of the Polish journalists union, Stefan Bratkowski.
The Church of England, faced with a report warning that the 450-year-old church could be split if women are ordained as priests, decided today to postpone action on the issue for at least six months. The General Synod, the church’s 574-member policy-making body, voted by what appeared to be a unanimous show of hands to have the college of bishops study the report and reach a conclusion before the next synod meeting, set for February.
The West Bank is an extension of the power struggle in Amman between King Hussein and Yasser Arafat. The two leaders, acting through proxies, are competing for the support of West Bank Palestinians and the right to represent them in any future negotiations. West Bank community leaders and Israeli military authorities said in interviews that Mr. Arafat still has the upper hand, but King Hussein’s influence is growing.
Three years ago, Abu Marwan turned over the Damascus offices of the Palestine Liberation Organization to Syria. Today he found himself again forced to turn over the offices of Yasser Arafat, the P.L.O. chairman, this time to Jordanian security forces. “Is it my destiny to always turn over our offices to Arab security men?” said Abu Marwan, who is an official of Al Fatah, Mr. Arafat’s power base in the P.L.O. He was talking with a group of Palestinian officials and their supporters who had gathered to commiserate on hearing of the Jordanian measures.
Syrian-backed Lebanese troops and police assumed security duties at Beirut’s international airport as part of a plan brokered by Syria to end militia anarchy in West Beirut. According to security sources, police and army units, joined by elite Syrian troops deployed in the capital since last week, also extended patrols into four neighborhoods dominated by militiamen of the fundamentalist Shia Muslim militia called Hezbollah (Party of God). The pro-Iranian group has refused to take part in the security agreement, reached last month.
Iran said today that its forces, backed by fierce artillery barrages and air strikes, had killed 2,000 Iraqi soldiers while advancing into eastern Iraq. But Iraq said its soldiers repulsed the Iranian attack while inflicting thousands of casualties. The Tehran radio, monitored here, said Iranian forces wiped out four Iraqi brigades in a push across the central sector of the battlefront. The fighting was part of a nine-day-old Iranian offensive in the six-year-old war. Western reporters are rarely allowed in the combat areas, and independent confirmation of war reports is usually not possible. The Tehran radio interrupted its normal programming to trumpet victory in what it called “a legendary battle.” But the official Iraqi press agency, also monitored in Nicosia, said Iraqi warplanes, helicopter gunships and artillery “annihilated” the attacking force. It said the four Iraqi brigades purportedly destroyed were not even based in the central sector. The battles were reported raging west of Mehran, a devastated Iranian border city recaptured by Tehran’s troops last Wednesday. The Tehran radio said Iranian troops had overrun more than 16 square miles of Iraqi territory. By Iran’s count, its forces have captured 120 square miles of Iraqi territory during the offensive.
The two-day occupation of the Manila Hotel by military and civilian supporters of former President Ferdinand E. Marcos appears to have left President Corazon C. Aquino, with her overwhelming popular support, and Defense Minister Juan Ponce Enrile, with his military power base, as the major political figures in the Philippines today. In the episode, which ended today when the Marcos backers left the hotel and during which Arturo M. Tolentino declared himself “acting president,” Mrs. Aquino displayed the low-key style and quiet self-confidence that are becoming familiar to Filipinos. She declined to cut short a political visit to a southern Philippine city and dismissed the challenge as a “propaganda gimmick” not worth her serious concern. And, in another pattern that is becoming familiar here, the limelight went to Defense Minister Enrile.
Former President Ferdinand E. Marcos denied today that he had encouraged his supporters to rebel and said he was aware that events in the Philippines could jeopardize his status as a guest in the United States. “I am aware of that and this is why I say I categorically deny attempting to cause any rebellion, any sedition or any coup d’etat; nor am I engaged in destabilizing the Philippine Government,” Mr. Marcos said in an interview from Honolulu on the NBC News program “Today.”
Cuba is said to be no longer insisting that Washington close down the operations of Radio Marti to Cuba as part of a possible agreement on reinstating immigration with the United States, Reagan Administration officials said. Instead, the Cubans indicated in advance of new negotiations that they are now seeking an agreement from the United States recognizing their right to broadcast over an AM frequency in the United States to match the Voice of America’s Radio Marti transmissions to Cuba, the officials said. Cuban and U.S. officials were in Mexico City for private talks on renewing a 1984 immigration agreement suspended by Havana last year. In Washington, State Department sources said the talks are being held but gave no details. The U.S. delegation is headed by Michael Kozak, a State Department legal adviser who negotiated the original agreement. The Cuban negotiators are headed by Deputy Foreign Minister Ricardo Alarcon. The immigration treaty was suspended by Cuban President Fidel Castro in protest over the establishment of Radio Marti, which began anti-Communist transmissions directed at the island nation from the Florida Keys in May, 1985.
The military government of Suriname expelled the secretary of the Dutch Embassy, Erik W.P. Klip, for “improper interference in local affairs.” Klip was given a week to leave the former Dutch colony in South America. No other details were given. However, relations between the two nations have been strained since December, 1982, when 15 opponents of the government of Commander-in-Chief Desi Bouterse were murdered. Immediately after the slayings, the Netherlands suspended a $1.5-billion aid program to Suriname.
An armed group attacked the Soviet Embassy in Lima with submachine guns and explosives today, and one guerrilla was killed when a bomb exploded in his hands inside the compound, the government said. An undetermined number of attackers were captured in a gunfight with two policewomen in a nearby neighborhood after the attackers fled the embassy complex. Although no one took responsibility for the attack, it appeared to be the work of the leftist Shining Path guerrilla group. Shining Path rebels have attacked the Soviet Embassy and other diplomatic targets before. The Soviet Union has been a major supplier of weapons to the Peruvian Government.
Criminal charges have been filed against two couples who sheltered Nazi war criminal Josef Mengele during the 18 years that he lived in Brazil, federal police in Sao Paulo said. Hungarian immigrants Geza and Gita Stammer and Austrian immigrants Wolfram and Liselotte Bossert are charged with lying to authorities about Mengele’s identity and with harboring an illegal alien. Remains of a body identified as that of Mengele, known as the “Angel of Death” at the Auschwitz concentration camp, were exhumed last year from a grave near Sao Paulo.
Leading opponents of the Pinochet Government and human rights activists stood vigil today around the closed coffin of a young man who met a fiery death when he came home to rediscover the land where he was born. “My son was a child who had everything in the United States, but he never felt really happy,” said Veronica de Negri, standing a few feet from the coffin that held the body of her 19-year-old son, Rodrigo Rojas de Negri. “He was always dreaming of Chile.” Mrs. de Negri, a political exile who has lived nine years in Washington, flew back to Chile last week after her son and Carmen Quintana Arancibia, 18, were found burned and near death beside a road outside Santiago.
Zulu warriors from two rival villages in South Africa’s Valley of 1,000 Hills near Durban used knives, spears and guns made of pipes in a battle that left 31 dead, police said. They said it appears that followers of Chief Gwala attacked a group led by Chief Ngcobo from a nearby village and that Ngcobo’s men counterattacked, shooting and hacking to death 25 men in Gwala’s village. In another development, a spokesman for South African President Pieter W. Botha said Botha has agreed to the second meeting in a month with Bishop Desmond Tutu, the Nobel peace laureate and a leading opponent of apartheid. It was not immediately clear where and when they will meet.
The South African police removed extensive files from the offices of the South African Council of Churches yesterday in what appeared to be a move to step up pressure on the organization for its stand against apartheid, the council’s general secretary said in a telephone interview from Johannesburg. It was the second consecutive day and the third time in a week that the police questioned employees and took files, said the Rev. Beyers Naude, the secretary general. “They seemed to be after material relating to our funding,” Dr. Naude said, “but they never commit themselves. They gave no indication of what they were after.”
President Reagan said in an interview Tuesday that his Administration saw “a great need for communications with responsible black leaders” in South Africa, The Daily News reported today. Mr. Reagan said contact with the African National Congress, which seeks to overthrow South Africa’s Government, “is all right with me on the recognition that the A.N.C. has a Communist influence” and that some of its members are committed to a “violent settlement.”
With the effort to overhaul the tax system approaching its critical weeks, President Reagan is willing to compromise on several key issues provided the Senate’s proposed low tax rates are retained, his chief of staff said today. In an interview with reporters, Donald T. Regan said the President considered the Senate’s proposal to cut the top individual tax rate to 27 percent his overriding objective — more important than others he supports, such as a lower preferential rate on capital gains. About the middle of next week, conferees from the House of Representatives and the Senate are expected to begin the last stage of deliberations on tax legislation. Mr. Regan’s comments reflected a convergence of views within Congress and the Administration on the shape of a new tax law. All sides appear to be leaning toward adoption of the principal feature of the Senate’s plan: a contraction of the 16 individual tax rates in the current system to just two — 15 percent and 27 percent. The tax bill passed by the House, by comparison, sets four rates, ranging from 15 percent to 38 percent.
President Reagan participates in a photo opportunity with Chris Welton, a 16-year-old quadriplegic and “Make a Wish” child from California.
President Reagan participates in an economic briefing with administration officials.
President Reagan signed legislation extending daylight saving time by three weeks, climaxing a 10-year effort that had been opposed largely by members of Congress from rural areas. Beginning next year, clocks should be set ahead one hour on the first Sunday in April. Under a 1966 law, daylight saving time has begun on the last Sunday in April. No change would be made in the day for returning to standard time. It will remain the last Sunday in October.
The ability of the nation’s civil defense to deal with nuclear attack is “low and declining,” the Federal Emergency Management Agency told Congress. “There are critical deficiencies at both the state and local levels,” the federal agency, created to deal with disaster planning, said. Many states and hundreds of local governments lack a wide variety of the equipment and planning needed to survive an attack, the agency said in a report. The study offered no recommendations.
Closing arguments began today in the espionage and tax fraud trial of Jerry A. Whitworth, with prosecutors struggling to overcome problems created by the wording of the Government’s 13-count indictment. After 11 ½ weeks of evidence from more than 150 witnesses, the principal issue for the jury is whether Mr. Whitworth passed classified Navy cryptographic data and messages with “intent and reason to believe” they would be used to the advantage of the Soviet Union, as the indictment states. Focusing on Mr. Whitworth’s knowledge of Navy regulations that emphasize the importance of the security measures to be taken with cryptographic data, Leida Schoggen, an assistant United States Attorney, told the jury that Mr. Whitworth “knew and had reason to know what this information was and what it could do if given to the wrong people.” The Soviet Union, with the cryptographic material, could decode secret Navy messages from a variety of ships or land bases.
Bernhard H. Goetz faces trial again on charges that he attempted to murder four young men in a shooting on a subway train in December 1984. The State Court of Appeals reinstated the charges. The ruling rejected two previous lower-court opinions that ordered the case against Mr. Goetz dropped on the ground that the prosecutor gave faulty instructions to the grand jury.
Noting the recent drug deaths of young athletes, Education Secretary William J. Bennett said that every college president in the nation should begin a ban on drugs on campus. “Such a policy could, in fact, be enforced. It should be enforced,” Bennett said. “And no parent or taxpayer would object if such a policy were announced and carried out.” Bennett, in a lecture at the Heritage Foundation, a conservative think tank in Washington, said that colleges and universities have a responsibility to parents to take measures to protect their children from illegal drugs and drug pushers.
Retail stores in the Houston area were asked to remove Accent flavor enhancer from their shelves because an anonymous letter warned that some containers of the seasoning had been poisoned with cyanide, the Food and Drug Administration said. People who bought Accent in Harris, Montgomery, Waller, Liberty and Fort Bend counties were also asked to return the product to the place of purchase, an FDA spokesman said. Authorities said they knew of no extortion demand or motive. The FDA said that it would test random samples of the product.
Officials at Columbia Presbyterian Hospital in New York agreed to cooperate with an investigation of why a paranoid psychotic was released from the hospital two days before he went on a rampage with a sword on a Staten Island ferry, killing two persons and injuring nine others. Mayor Edward I. Koch ordered the investigation into the release of Juan Gonzalez, 43, a homeless Cuban refugee who came to the United States from Cuba in the Mariel boat lift of 1977. One victim has been released from St. Vincent’s Medical Center, and four were in stable condition.
A federal court dismissed a suit filed by the Pasteur Institute of Paris against the U.S. government contending that scientists in Paris were the first to discover the AIDS virus. A spokesman for the Health and Human Services Department said that the U.S. Court of Claims in New York rejected the suit, filed against the department, Dr. Robert Gallo, head of the tumor cell biology laboratory at the National Cancer Institute, and others. The stated purpose of the suit was to settle the issue of who discovered the virus first.
A man who said over the weekend that he wanted to be executed for three murders stemming from a hostage siege at a fashionable jewelry store asked a judge today for speedy justice as his lawyer entered pleas of not guilty. The suspect, Steven Livaditis, told Municipal Judge Charles Boags he wanted a preliminary hearing before Aug. 11, the date asked by his lawyer. Mr. Livaditis is charged in the death of three employees after a failed robbery at the Van Cleef & Arpels shop.
The Supreme Court today granted a stay of execution to a convicted killer, James E. Messer Jr., who had been scheduled to die in Georgia Wednesday morning for killing his niece. Associate Justice Lewis F. Powell referred the case to the full Court, and the stay was granted pending the filing of a petition to have the case reviewed on its merits. Mr. Messer, 32 years old, was sentenced in 1981 after his conviction in the 1979 death of Rhonda Jean Tanner.
Admiral Hyman G. Rickover died at his home in Arlington, Virginia. The admiral, who served as an officer for 60 years, longer than any other naval officer in American history, was called the father of the nuclear-powered Navy. He was 86 years old. In his career Admiral Rickover generated controversy on all sides. He attacked Naval bureaucracy, ignored red tape, lacerated those he considered stupid, bullied subordinates and assailed the country’s educational system. And he achieved, in the production of the nuclear-powered submarine in the early 1950’s, what a former Secretary of the Navy, Dan Kimball, called “the most important piece of development work in the history of the Navy.”
The space agency reached outside its own ranks today for a safety director to prevent another disaster like the one that destroyed the space shuttle Challenger. George A. Rodney, an experimental test pilot for the Martin Marietta Corporation, will head a new Office of Safety, Reliability and Quality Assurance in the National Aeronautics and Space Administration.
An earthquake shook Palm Springs and other communities on the rim of California’s Mojave Desert. Preceded by the howling of coyotes, the earthquake measured 6 on the open-ended Richter scale. It broke windows, sent merchandise tumbling from store shelves and damaged buildings and roads, but no serious injuries were reported.
The first close scrutiny of the Titanic will be made by scientists who are to sail from Woods Hole, Mass., to the site of the liner’s sinking in the North Atlantic on April 15, 1912. The expedition is led by Dr. Robert D. Ballard of the Woods Hole Oceanographic Institution, who found the wreck last September.
A ban on sulfite preservatives used in fresh vegetables and fruits was announced by the Food and Drug Administration. Sulfites have been linked to 13 deaths and many illnesses, mainly among asthmatics. The ban, which had been expected after months of investigation, will become effective August 8.
Employment of temporary workers and part-time employees has grown faster than total employment in the United States over the last decade. Authoritative estimates place their number at about 30 million, a figure that indicates a fundamental change is occurring in the workplace. The movement toward these workers and other hired indirectly through such arrangements as leasing and subcontracting represents a substanital reversal of a trend that has prevailed for more than 50 years.
A big Postal Service profit this year means the price of mailing letters and packages is likely to remain stable for at least a year and a half, agency officials said. Postmaster General Albert V. Casey predicted a $414 million profit in the fiscal year 1986, a turnaround from last year’s record losses.
The National Football League players union filed a grievance against the league’s Management Council today, saying it would not allow Commissioner Pete Rozelle’s new drug plan to be “shoved down our throats.” Gene Upshaw, the executive director of the National Football League Players Association, said players were willing to talk with the commissioner about a new drug plan, but that the program Rozelle announced Monday was not acceptable because negotiations had not been held between both parties. “The N.F.L. players have some ideas,” Upshaw said. “They have always been willing to sit down and talk about them. But what we are not willing to do is to accept it shoved down our throats.”
Farthest thrown object — an “Aerobie” flying ring, 383 meters (1,257 feet).
Major League Baseball:
The Boston Red Sox edged the Oakland A’s, 8–7. Bill Buckner drove in four runs and capped a five-run sixth inning with a bases-loaded double. Dennis Boyd (11–6) gave up six hits over six-plus innings for the victory. Boston sent nine batters to the plate against four pitchers in the sixth. Dwight Evans opened with a single off Carney Lansford’s glove at third base. Tony Armas singled and Rich Gedman doubled to score Evans and chase Bill Mooneyham. Rey Quinones then hit Langford’s second pitch for a double, scoring Armas and moving Gedman to third. Dave Leiper relieved and walked Wade Boggs to load the bases and set the stage for Buckner’s three-run double into the right-field corner.
The Indians bowed to the White Sox, 6–2. Harold Baines had three hits, including a three-run homer, to cap a four-run fifth, and Neil Allen (5–1) allowed five hits over eight innings for Chicago. Dave Schmidt got his fourth save of the year.
The Baltimore Orioles beat the Kansas City Royals, 8–4. Two Baltimore runners scored on Kansas City shortstop Greg Pryor’s 13th-inning throwing error and Juan Bonilla added a two-run single to lead the Orioles and hand the floundering Royals their 11th consecutive defeat. Dan Quisenberry, 0-3, took the loss while the victory went to veteran Odell Jones, 1–0.
The St. Louis Cardinals shut out the Los Angeles Dodgers, 1–0. Mike LaValliere singled home Tom Herr in the seventh inning to break up a scoreless pitching duel and spark the Cardinals. Tim Conroy (3–3), who was making his first appearance since May 25 when he went on the disabled list, worked six innings for the victory. He allowed three hits and struck out six. Bob Welch (4–7) took the defeat, allowing three hits and striking out seven in seven innings.
Led by George Hendrick’s grand slam, the Angels belts 4 homers at County Stadium to crush the Brewers, 14–3. The win goes to John Candelaria in his first appearance in three months. The 32-year-old Candelaria (1–0) made his first start since April 9, when he pitched two innings before leaving with a sore elbow. Candelaria had surgery, went to the minor leagues for rehabilitation and was activated for Tuesday night’s game. The left-hander pitched five scoreless innings, scattering five hits, striking out three and walking two.
Consecutive fourth-inning home runs by Kirk Gibson, Lance Parrish and Darrell Evans lifted the Detroit Tigers to a 5–1 win over the Twins. Eric King (5–1) earned the victory and tied a major league record for a pitcher in a nine-inning game with four put-outs. He shares the record with Bert Blyleven, the Twins’ starter and loser.
Denny Walling hit a two-run homer off Jeff Reardon in the eighth inning to cap a four-run Houston comeback tonight and give the Astros a 4–1 victory over the Expos. Nolan Ryan (5–6) pitched seven innings of five-hit ball before Charlie Kerfeld came in for his third save. The Houston victory, combined with San Francisco’s loss to the Cubs, put the Astros and Giants in a tie for first place in the National League West. Jay Tibbs (4–5) took a 1–0 lead into the eighth, allowing just three hits over the first seven innings, but he tired and Reardon failed to protect the lead.
Every now and then in this season of storybook success, some reality of life comes back to sober the Mets. That’s what happened to them last night in Shea Stadium when their two best relief pitchers blew a game to the Cincinnati Reds. It was the second straight defeat the Reds had pinned on the Mets, and it was a grinding one, even for a team 11 ½ games in front of the National League East: Jesse Orosco blew a 4–2 lead in the ninth inning when Buddy Bell tagged him for a home run, Roger McDowell couldn’t protect a 4–4 tie in the 10th, and the Mets took the tumble, 5–4. “The bullpen didn’t do it,” Manager Dave Johnson said. “It was the first time I can remember we blew the lead in the ninth inning.”
The Philadelphia Phillies pummeled the Atlanta Braves, 8–2. Mike Schmidt broke out of a slump with a two-run homer and Bruce Ruffin pitched an eight-hitter to lead the Phillies. Schmidt was 0 for 22 before hitting his 475th career home run, tying Stan Musial and Willie Stargell for 15th place on the career list. It was his 17th home run of the season. Ruffin (2–0), called up June 26 from Reading of the Class AA Eastern League to replace the released Steve Carlton in the starting rotation, pitched his first complete game in his third start. Ken Griffey of the Braves singled in the first to extend his hitting streak to 18 games. The streak began before the Yankees traded him to Atlanta.
The Padres bested the Pirates, 4–2. Tony Gwynn, broke an 0-for-12 slump by hitting a three-run homer to cap a four-run eighth inning and lead San Diego. The homer was the eighth of the season for Gwynn and came on a 2–0 pitch from Larry McWilliams, who had just entered in relief of Rick Reuschel (4–10).
The Chicago Cubs beat the San Francisco Giants, 4–1. Dennis Eckersley pitched his first complete game in more than a year, and Shawon Dunston drove in two runs with a homer and a single to lead Chicago. Eckersley (3–5) went the distance for the first time since June 16, 1985.
They have become familiar scenes this season. In the afternoon, George Steinbrenner turned up the heat in his feud with Dave Winfield. In the evening, the Yankees, wilting in oppressive 94-degree weather, faltered once more against left-handed pitching. The day began with a written tirade from Steinbrenner and ended drearily. The team’s principal owner issued a one-page statement assailing the struggling Winfield, and the Yankees went down meekly against Mike Mason, the Texas Rangers’ starting pitcher, in a 6–1 loss at Arlington Stadium.
The Seattle Mariners downed the Toronto Blue Jays, 8–5. John Moses and Jim Presley had two-run singles in a six-run second inning and the Mariners held on to defeat Toronto. The Mariners raked John Cerutti (4–2) for six runs on five hits and an error in the second inning, all the runs coming with two out.
Oakland Athletics 7, Boston Red Sox 8
Cleveland Indians 2, Chicago White Sox 6
Baltimore Orioles 8, Kansas City Royals 4
St. Louis Cardinals 1, Los Angeles Dodgers 0
California Angels 14, Milwaukee Brewers 3
Detroit Tigers 5, Minnesota Twins 1
Houston Astros 4, Montreal Expos 1
Cincinnati Reds 5, New York Mets 4
Atlanta Braves 2, Philadelphia Phillies 8
Pittsburgh Pirates 2, San Diego Padres 4
Chicago Cubs 4, San Francisco Giants 1
New York Yankees 1, Texas Rangers 6
Seattle Mariners 8, Toronto Blue Jays 5
Wall Street did not do half as bad yesterday as it did during the record-breaking 61.87-point drop on Monday, but stock prices still fell sharply as smaller investors, mimicking their bigger counterparts, sold equities furiously. The Dow Jones industrial average lost another 18.27 points, to close at 1,820.73. The blue-chip indicator was down nearly 30 points several times during the session, and was helped only by a big rebound in the final hour. As expected, the stock market got off to a poor start yesterday morning as the average investor, after mulling over the market’s big drop on Monday, apparently decided to take some profits. Selling pressure was so heavy that trading averaged a million shares a minute in the first 30 minutes, one of the largest volumes on record, and the Dow dropped nearly 29 points.
Dow Jones Industrial Average: 1820.73 (-18.27)
Born:
Jaime García, Mexican MLB pitcher (World Series champions-Cardinals, 2011; St. Louis Cardinals, Atlanta Braves, Minnesota Twins, New York Yankees, Toronto Blue Jay, Chicago Cubs), in Reynosa, Mexico.
Sonny Weems, NBA shooting guard and small forward (Denver Nuggets, Toronto Raptors, Phoenix Suns, Philadelphia 76ers), in West Memphis, Arkansas.
Kevin Chappell, American golfer (US Open, 2011, 3rd; Haskins Award, 2008), in Fresno, California.
Died:
Admiral Hyman G. Rickover, 86, American naval officer, “father of the nuclear-powered Navy.”
