News stories from Friday June 12, 1970

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

The International Red Cross is evacuating foreigners from Jordan. Amman is quieting down; 70 hostages have been released. King Hussein removed his top military leaders but guerrillas further demand that there be no political settlement with Israel. Israeli Defense Minister Moshe Dayan vowed action against Arab attacks. [CBS] Israeli jets and commandos hit Egypt's Suez Canal positions; fortified positions were destroyed. [CBS] The Cambodian government will yield half of the country to the Communists; Communists hit Kompong Speu today and also moved to cut off Phnom Penh from the major port of Kompong Som. [CBS] 300 Viet Cong and North Vietnamese shelled the South Vietnamese village of Baren, then moved in and killed civilians in order to teach the villagers a lesson for aiding the Americans and South Vietnamese. [CBS] Brazil is seeking the kidnapped West German ambassador; his captors are demanding the release of political prisoners. [CBS] The Senate rejected a move to restrict President Nixon's power to sell arms, because they feared that passage of the bill might prevent jet sales to Israel. [CBS] President Nixon prodded Congress for action on an emergency housing bill to provide money for the mortgage market. [CBS] Graduation ceremonies were held at Ohio State University. Students feel alienated from the University and did not want to wear gowns but the university insisted. Presidential cousel Robert Finch was the speaker, and he told adults not to make the students scapegoats for their own faults. [CBS] A Harlem survey shows 18,000 narcotics addicts out of 58,000 residents; 2,000 of them are 7-15 years old; the figures were released in Congressional testimony. [CBS] A federal court issued a desegregation order for Alabama, despite fearing that Sumter County public schools will be all black because whites will go to private schools. [CBS] Two Hobart College freshmen were recently arrested for bombing the ROTC building; Sally Gilmour claims that "Tommy the Traveler" asked her to bomb the building. Clarence Youngs said that Tommy told him he'd get guns for students, and he brought guns to one student's room. Hobart College ROTC secretary Kathleen Venturino says that Tommy asked her for keys to the building. Others say that Tommy urged violence, but the students only wanted peaceful disruption of the campus."Tommy" is actually an undercover police agent who travels to many colleges, attempting to promote violence; his real name is Thomas Tongyai. He denies being involved in entrapment activities, but Tongyai's presence on campuses raises questions about police informers. Ontario County sheriff Roy Morrow says that Tommy's activities are justified. [CBS] Senator Thomas Dodd has withdrawn from the Connecticut Senate race as a Democrat, and may run as an Independent. [CBS] Joan Wilkinson, the daughter of boxer Gene Tunney, has been committed to a mental institution for clubbing her husband to death. [CBS] The Romanian ambassador reported that his country is getting four times as much relief aid from the U.S. as from the Soviet Union. [CBS] The bodies of reporters Gerald Miller, George Syvertsen and Ramnik Lekhi were identified in Cambodia; Communists had ambushed the newsteam. [CBS]

Stock Market Report

Dow Jones Industrial Average: 684.21 (-0.21, -0.03%)
S&P Composite: 74.21 (-0.24, -0.32%)
Arms Index: 1.17

	Issues	Volume*
Advances	390	2.20
Declines	853	5.62
Unchanged	281	1.05
Total Volume		8.87

* 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*
June 11, 1970	684.42	74.45	7.77
June 10, 1970	694.35	75.48	7.24
June 9, 1970	700.16	76.25	7.05
June 8, 1970	700.23	76.29	8.04
June 5, 1970	695.03	76.17	12.45
June 4, 1970	706.53	77.36	14.38
June 3, 1970	713.86	78.52	16.60
June 2, 1970	709.61	77.84	13.48
June 1, 1970	710.36	77.84	15.02
May 29, 1970	700.44	76.55	14.63