News stories from Wednesday March 11, 1970

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

Another explosion in Cambridge, Maryland, today was connected to an earlier Bel Air auto bombing and to H. Rap Brown's trial. Police say that yesterday's Bel Air bomb victims were transporting an explosive device when it accidentally detonated. A white woman is being sought for bombing the Cambridge courthouse today. [CBS] Susan Atkins testified in Charles Manson's murder trial. Key witness Atkins changed lawyers and stated that she wants the truth to be told. [CBS] Radical left-wing literature, two bodies and bomb materials were found in the exploded rubble of James Wilkerson's Greenwich Village home. His daughter Cathlyn Wilkerson, who was seen after the blast, is an active member of the Weather Underground faction of Students for a Democratic Society. One body was identified as Ted Gold, leader of a 1968 Columbia University uprising. Sixty sticks of dynamite were also found. [CBS] The head of the Secret Service cited trespassers at the President's Florida and California White Houses as illustrating the need for better protective legislation to outlaw unauthorized entry, interference with Secret Service, and demonstrations interfering with presidential business. The ACLU says that the proposed legislation is to protect the President from disagreement with his policies. [CBS] Attorney General John Mitchell asked Congress to increase the number of crimes for which union officials are liable for removal, in order to keep unions free from criminal influence. [CBS] President Nixon allocated $30 million for anti-drug education and research. [CBS] The nation's only black Senator, Edward Brooke, denounced President Nixon's racial policy as a cold, calculated political decision to take a negative stand on civil rights. But that policy could re-elect the President in 1972. [CBS] The Senate is showing strong support for allowing 18-year-olds to vote in national elections; the House is uncertain. [CBS] Soviet leaders Alexei Kosygin and Leonid Brezhnev are in trouble with the Communist party for failure to improve industrial and agricultural production. [CBS] South Vietnam battled North Vietnamese troops near the Cambodian border. [CBS] My Lai defendant Ernest Medina appeared in court and did not comment on the charges against him. [CBS] Laos' government accepted a Communist proposal for peace talks. France offered to assist Laos in a return to the 1962 Geneva Agreement on Laotian neutrality if the U.S. and North Vietnam both leave Laos. [CBS] Cambodia's Prince Sihanouk canceled visits to Moscow and Peking after 20,000 Cambodians stormed the North Vietnamese and Viet Cong embassies in Phnom Penh. Cambodia is the Communists' main infiltration route into South Vietnam. [CBS] France joined the U.S. in shutting down its embassy in Rhodesia. [CBS] Perry Mason author Erle Stanley Gardner died today at the age of 80. [CBS] A freight train of bombs bound for Vietnam derailed near Aurora, Nebraska; no injuries were reported. [CBS] Two jets, one American, one Colombian, were hijacked to Havana. [CBS] Bartenders, cooks, waitresses and maids are striking at Las Vegas luxury hotels; casinos are still open. [CBS] Chevron Oil company admitted not having a safety capping device -- required by federal law -- on its Gulf of Mexico oil wells which were destroyed by fire. [CBS] The Baldwin Piano Company is giving free repairs if the owner returns the piano or pays shipping costs. [CBS]

Stock Market Report

Dow Jones Industrial Average: 778.12 (-1.58, -0.20%)
S&P Composite: 88.69 (-0.06, -0.07%)
Arms Index: 1.20

	Issues	Volume*
Advances	621	3.37
Declines	650	4.23
Unchanged	307	1.58
Total Volume		9.18

* 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
Date	DJIA	S&P	Volume*
March 10, 1970	779.70	88.75	9.45
March 9, 1970	778.31	88.51	9.76
March 6, 1970	784.12	89.44	10.98
March 5, 1970	787.55	90.00	11.37
March 4, 1970	788.15	90.04	11.85
March 3, 1970	787.42	90.23	11.70
March 2, 1970	780.23	89.71	12.27
February 27, 1970	777.59	89.50	12.89
February 26, 1970	764.45	88.90	11.54
February 25, 1970	768.28	89.35	13.21