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Thursday March 29, 1973
. . . where the 1970s live forever!

News stories from Thursday March 29, 1973


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

  • The last 67 American POWs were freed in Hanoi today. The last one out is Lt. Commander Alfred Agnew. Capt. Marion Marshall, who was shot down last July 2, was the longest-held POW in this group. Meanwhile in Saigon, the U.S. officially ended its involvement in Vietnam. Ambassador Ellsworth Bunker, General Frederick Weyand and other officials took part in ceremonies marking the end of the U.S. effort in Vietnam.

    The last 2,500 U.S. servicemen are coming home. South Vietnamese civilians celebrated the departure by breaking into the mess hall at Tan Son Nhut Air Force Base and taking everything not nailed down before guards appeared. In Hanoi, reporters were given a tour of a prison camp before the POWs were released. [CBS]

  • A North Vietnamese guard told reporters that prisoners were well taken care of with beer and plenty of recreation. Released American POWs tell a much different story. Many described torture by prison guards and said they were given little medical treatment. Commander Richard Stratton intends to ask the State Department to accuse North Vietnam of war crimes. [CBS]
  • Rumors are flying regarding the Watergate case. Republican Senator Lowell Weicker has said that he feels a high White House official engineered the Watergate bugging. James McCord reportedly told the Senate Watergate Committee that G. Gordon Liddy told him that former Attorney General John Mitchell and former White House aide Charles Colson were among those with prior knowledge of the Watergate bugging; Colson denied that he had knowledge of the bugging. McCord told a reporter that the Watergate story will be fully uncovered. [CBS]
  • The National Farmers Organization advised its members to stop selling hogs, cattle and lambs because of record wholesale price drops. NFO president Oren Lee Staley said that the objective is to push prices back up. Agriculture Secretary Earl Butz feels that the boycott will have a short life and therefore little permanent effect. [CBS]
  • Representatives of the steel workers union approved an agreement with management that could eliminate strikes and contract bargaining in crisis situations. [CBS]
  • The Irish navy seized a small ship filled with arms and ammunition off the Cork coast. The shipment was bound for an Irish Republican Army official in Belfast, Northern Ireland. [CBS]


Stock Market Report

Dow Jones Industrial Average: 959.14 (+11.14, +1.18%)
S&P Composite: 112.71 (+1.09, +0.98%)
Arms Index: 0.82

IssuesVolume*
Advances97010.22
Declines4563.95
Unchanged3411.88
Total Volume16.05
* 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*
March 28, 1973948.00111.6215.85
March 27, 1973944.91111.5617.50
March 26, 1973927.90109.8414.98
March 23, 1973922.71108.8818.47
March 22, 1973925.20108.8417.13
March 21, 1973938.37110.4916.08
March 20, 1973949.43111.9513.25
March 19, 1973952.06112.1712.46
March 16, 1973963.05113.5415.13
March 15, 1973969.82114.1214.45


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