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

	Issues	Volume*
Advances	485	3.00
Declines	841	5.28
Unchanged	314	1.27
Total Volume		9.55

* 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
Date	DJIA	S&P	Volume*
September 17, 1971	908.22	99.96	11.02
September 16, 1971	903.11	99.66	10.55
September 15, 1971	904.86	99.77	11.08
September 14, 1971	901.65	99.34	11.41
September 13, 1971	909.39	100.07	10.00
September 10, 1971	911.00	100.42	11.38
September 9, 1971	915.89	100.80	15.79
September 8, 1971	920.93	101.34	14.23
September 7, 1971	916.47	101.15	17.08
September 3, 1971	912.75	100.69	14.04